4 Tips to Help You Earn a 6-Figure Monthly Income Without a Day Job After Entering the Crypto World

Curious about earning a six-figure monthly income without a traditional job right after diving into crypto? Here are four simple yet highly effective strategies.

This approach is remarkably straightforward. I personally leveraged it to generate over $100,000 in a single month. It breaks down into four key steps: selecting the coin → buying → managing positions → selling. I'll clarify every aspect thoroughly. (I strongly advise saving this guide and reviewing it often.)

After testing numerous trading methods, this is the one that delivered consistent profits for me. I still apply it today because it's both highly efficient and remarkably stable.

Step 1

Add coins featured on the daily top gainers list to your watchlist. However, omit any coins that have declined for three or more consecutive days—this typically signals that institutional investors have already exited.

Step 2

Open the candlestick chart and concentrate exclusively on monthly MACD golden crosses. All these checks can be performed easily on the OKX platform.

Step 3

Switch to the daily chart and monitor only the 60-day moving average. When the coin price retraces to this level and forms a high-volume candle, enter a substantial position.

Step 4

Once in a trade, use the 60-day moving average as your baseline. Maintain the position if the price remains above this line, but exit immediately if it falls below. Follow these three precise rules:

• First, sell one-third of your holdings if the price surges over 30%.
• Second, sell another third if the price rallies beyond 50%.
• Third—and most critical—if you buy on day one and the price unexpectedly breaches below the 60-day MA on day two, exit the entire position without delay. Avoid holding out for a recovery.

Although this combined monthly and daily selection approach makes breakdowns below the 60-day MA uncommon, prioritizing risk awareness remains vital.

In crypto, capital preservation is paramount. Even after exiting a position, you can always re-enter when a valid buy signal reappears.

“When the price drops below the 60-day MA, exit completely. Don’t hope for a rebound.”

In summary, never adopt a rigid mindset in crypto. Adaptability is the cornerstone of long-term success. Stay flexible, continuously learn, and gain hands-on experience to thrive in this dynamic field!

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