Pages:
Author

Topic: From 0.1 to 1 BTC in 6 months with Day-Trading - page 22. (Read 8874 times)

newbie
Activity: 42
Merit: 0
Thanks everyone for your comments and your support.

This is actually cool. Hitting 1BTC with 0.1BTC in ,6 months is very much possible, though difficult.
You're using 'Day trading' approach, what if you buy a coin today and it goes down the next day, will you sell it and buy another new set of coins for the day.

If a coin goes down during the day, I have many options. The first one that I try is "averaging down" my position. This is a common procedure for hedge funds that hold long-term investments, but it is usually a death sentence for day-trading.
Averaging down the position means that if you have 100 digibyte at 130 and then the price goes to 120, you can buy other 100 digibyte so your break even point will move from 130 to 125.
Since I usually open my trades with a very small risk, I can use this strategy as first attempt to recover a loss.
I can also try other strategies, but if nothing works and the price continues to go down, it is time to close the trade and go on. You can't win 100% of times, sometimes you need to let it go, it's part of the game.
legendary
Activity: 1218
Merit: 1006
It is possible but you need to secure atleast few % profit every day also you have consider trading fee because if you will buy/sell for just 1% or less than that profit you will actually loss on trading fees.

Main problem with short term trading with really small amount is that you might get stucked with some coin bought at peak prices and you will not have any remaining funds to start trading again and keep those shitcoins there till there will be another pump.
legendary
Activity: 1428
Merit: 1000
This is actually cool. Hitting 1BTC with 0.1BTC in ,6 months is very much possible, though difficult.
You're using 'Day trading' approach, what if you buy a coin today and it goes down the next day, will you sell it and buy another new set of coins for the day.
yes its amazing but according to my own opinion you still have take more times e because 6 months are very large time and day trading are very fast if you enough experience then you can make more and more profit in 6 months.
He has experience, and the investment is also good, so I think within 6 months he can reach his target. But we have to think about negative also sometimes if you are a pro also your expectations will go wrong. So your intention is good but don't give up if you get any loses in this process.
member
Activity: 89
Merit: 10
This is actually cool. Hitting 1BTC with 0.1BTC in ,6 months is very much possible, though difficult.
You're using 'Day trading' approach, what if you buy a coin today and it goes down the next day, will you sell it and buy another new set of coins for the day.
yes its amazing but according to my own opinion you still have take more times e because 6 months are very large time and day trading are very fast if you enough experience then you can make more and more profit in 6 months.
sr. member
Activity: 1190
Merit: 256
This is actually cool. Hitting 1BTC with 0.1BTC in ,6 months is very much possible, though difficult.
You're using 'Day trading' approach, what if you buy a coin today and it goes down the next day, will you sell it and buy another new set of coins for the day.
newbie
Activity: 42
Merit: 0
interesting topic.
although it would have been much more interesting if you explained a little about your choices too. also try and make a chart out of your balance after some time has passed. X axis should be dates with daily steps, Y axis should be balance.

i meant to do something like this for a while but i become busy and give it up because i won't be trading that much to share anything about it. in 1-2 months i will have more free time, i make sure to start something like this. i will do a 0.1 to 10 bitcoin

oh and this is how your balance looks like so far:



Thanks for the advice. I'll share more information about the algorithm from time to time.
My first criteria, very important but not necessary, is the volume. Since this is day trading, I don't need a coin with a good project behind and a bright future. I'm on the market to keep my position from a few hours to a few days, so the coin can also go down to hell, the important is that it makes some corrections and that I catch those corrections.

Regarding the graph, I like the idea and I will include the graph in my posts as soon as I get the privilege to upload pictures.


BTC = 0.09570261 (+0.00028338; +0.30%)

Today's trades:
DGB 128
GRS 7750
SYS 3400
NXT 975
legendary
Activity: 2982
Merit: 1028
You are looking for 1000% in profit in bitcoin in just 6 months. Well, nothing is impossible but  tradingn is not that simple. have you seen the bitcoin graph lately, the up and down chart that you see is how your trding will. There is no straight road to success in trading.

Thinking that it's really hard to reach that 1btc in just 6 months but if you're determined and motivated person you can  do it.
This thread will be helpful to everyone especially for those who wants to day trade or someone that loses his faith in trading.
And OP I'm very much interested to your journey like I wanna see how you manage to achieve your 1btc and hope I can get some new day trading techniques as I before try to day trade but end up losing so I just buy and hold until this moment.
Getting curious how OP will manage this to happen is there any possibilities that OP can share what strategy did he uses in order achieved his goal I'm also aiming to learn more deeper inside trading and I want to see if I can join OP's quest just by following principles I'll keep on checking this thread from now on.
hero member
Activity: 1022
Merit: 503
You are looking for 1000% in profit in bitcoin in just 6 months. Well, nothing is impossible but  tradingn is not that simple. have you seen the bitcoin graph lately, the up and down chart that you see is how your trding will. There is no straight road to success in trading.

Thinking that it's really hard to reach that 1btc in just 6 months but if you're determined and motivated person you can  do it.
This thread will be helpful to everyone especially for those who wants to day trade or someone that loses his faith in trading.
And OP I'm very much interested to your journey like I wanna see how you manage to achieve your 1btc and hope I can get some new day trading techniques as I before try to day trade but end up losing so I just buy and hold until this moment.
full member
Activity: 294
Merit: 125


PPS: I'm not sure if I'm doing something wrong to publish the picture or I just can't because of my rank.


You didn't something wrong on here. It's just like you said because newbies aren't able to post an image. You can post the image after you have reached jr.member or pay the fees to become a copper member.


Can i know what is your trading platform? bittrex? polo? etc?

Read the post number 20. He is using Bittrex.

Oh im sorry, i didn't read the details backwards. anyway thank you for bumping up.
legendary
Activity: 3472
Merit: 10611
interesting topic.
although it would have been much more interesting if you explained a little about your choices too. also try and make a chart out of your balance after some time has passed. X axis should be dates with daily steps, Y axis should be balance.

i meant to do something like this for a while but i become busy and give it up because i won't be trading that much to share anything about it. in 1-2 months i will have more free time, i make sure to start something like this. i will do a 0.1 to 10 bitcoin

oh and this is how your balance looks like so far:
full member
Activity: 658
Merit: 100
You are looking for 1000% in profit in bitcoin in just 6 months. Well, nothing is impossible but  tradingn is not that simple. have you seen the bitcoin graph lately, the up and down chart that you see is how your trding will. There is no straight road to success in trading.
hero member
Activity: 665
Merit: 500


PPS: I'm not sure if I'm doing something wrong to publish the picture or I just can't because of my rank.


You didn't something wrong on here. It's just like you said because newbies aren't able to post an image. You can post the image after you have reached jr.member or pay the fees to become a copper member.


Can i know what is your trading platform? bittrex? polo? etc?

Read the post number 20. He is using Bittrex.
sr. member
Activity: 1540
Merit: 255
Anything can possible you might loose or you will make more than 1 BTC. For that you need to have lot of experience in trading. Trading is completely based on knowledge and analysis, if you are ok then go forward or try to learn trading and then start trading.
full member
Activity: 294
Merit: 125
I think the OP is an experienced trader.

just look at his day trading portfolio, its increasing very well.


Can i know what is your trading platform? bittrex? polo? etc?
sr. member
Activity: 882
Merit: 269
I finally received an Airdrop that actually had some value (BLUE) and traded 10,000 for .3 ETH on EtherDelta.  A couple days later it was trading higher so I purchased more than twice the original amount I had.  A couple more days go by, I sell and almost double the amount of ETH I had in the exchange. 

I say all this to say what you are doing is highly plausible especially with the volatility in the crypto market.  Best of luck to you!

That right, btw its best to do day trading especially if the token is new. Sometimes are just pump and dump scenario and no clear development plan. Day trading always a rewarding for me like for example if you gain at least 10 percent I sell then repeat the process to other token or coins. Banks only gives 3% a year or less Smiley Little by little, you can accumulate,  as what @OP started, yes its possible to reach 1 BTC if  you are steadfast and focus on it.
member
Activity: 238
Merit: 11
Good luck! If you are lucky guy you will recive 1 BTC faster then 6 month, if not - you will loose 90% of your bank Grin Grin Grin
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
How are you going today? i have made some trades with Monero, Storj, litecoin and bitcoin cash and i am still stucked, the only one who gave me a little bit profits was just Bitcoin cash, the other ones did not even gave me a 1% each one.
This is very dissapointing me, how are your profits going today? i made more than 5% yesterday with a balance of 0.15, it is not a big amount of money, but yes, it is a high percentage if we talk about daily profit.
Hope that you can make some profits today mate.
hero member
Activity: 1431
Merit: 513
Good luck, not impossible by any means. But requires diligence and don't listen to everyone. Make your own decisions.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
Good luck, that will be an interesting journey by 1 BTC goal. If we can follow closer your progress I believe many people that don't have skills in trading (like me) can start having interest on it and who knows, give a try too. It's not helpful when we hear from other people: "make profit trading, trading is very profitable" and we don't know very well how is their daily routine trading.

For newbies a loss on a day is already enough to fear continue the experience, but following your thread it's possible to see how to deal with a hard trading day and recover it on next day and if it will work on long term.
newbie
Activity: 33
Merit: 0
I finally received an Airdrop that actually had some value (BLUE) and traded 10,000 for .3 ETH on EtherDelta.  A couple days later it was trading higher so I purchased more than twice the original amount I had.  A couple more days go by, I sell and almost double the amount of ETH I had in the exchange. 

I say all this to say what you are doing is highly plausible especially with the volatility in the crypto market.  Best of luck to you!
Pages:
Jump to: