Topic: From $25 to about $200. My most challenging Trade so far - page 2. (Read 2584 times)
I think you are stressing out a lot because you are focused on day trading,i would say invest when there is a small correction and then wait for sometime a you will hit the target,to be frank it is the best market for day trading and there are several coins which makes me more than what you earn and it is really easy to hit the $500 mark if you are able to find these coins which are more volatile.
We must be very careful to trade in the world of cryptocurrency. Trading in a 3x world of cryptocurrency is more risky than forex. We should know more about how cryptocurrency works and less about bitcoin block, etc.bitcoin is created like money but precious like gold
I was into Forex trading, i had loses more than profits, my account eventually got wiped out, I never recovered. Though Cryptocurrency fluctuates alot, there is hardly complains about small traders account being wiped out. Worst still profit from Forex is small.
You need to pay every school, so don`t regret for your loses, be grateful for what you have learned from that. Try to apply that experience and knowledge on trading with alt-coins.
I don`t think that trading with alt-coins is harder then to trade on forex, in my case is different. With alt-coins you can trade daily, on concentrate on holding, both ways can make you nice profit if you catch a nice train, and trains in alt world are often.
Great profit. The problem with day trading if you are weak hearted comes when you have serious money invested. Although trading IS NOT gambling im making a comparison. You go in a gambling site and you play with the faucet money you make a lot of moves, if you actually put money wich i dump i think i would have an heart attack:)
Good trades!
Good trades!
We must be very careful to trade in the world of cryptocurrency. Trading in a 3x world of cryptocurrency is more risky than forex. We should know more about how cryptocurrency works and less about bitcoin block, etc.bitcoin is created like money but precious like gold
I was into Forex trading, i had loses more than profits, my account eventually got wiped out, I never recovered. Though Cryptocurrency fluctuates alot, there is hardly complains about small traders account being wiped out. Worst still profit from Forex is small.
Exactly sir. Have heard lots of favorable news about Ripple recently. Am really tempted to buy just waiting for strong signal. Good thing it's a great coin. It's current level can be never be the limit.
You have actually missed the good entry point for ripple which was around 9000 satoshi few days ago. I have bought few at that level and already in profit but I am just willing to sell them at atleast 18000 satoshi, I have gone through few technical analysis for ripple and all of them are suggesting above 20000 market price by end of june. I am in around $400 loss with Ripple but I am holding them strongly and today XRP got green candles so I am quite sure I will be in some +ve within next few days. Holding your alts and buying more during correction is best and easiest trading strategy anyone can follow. Congratulation on your trading profit... 
Exactly sir. Have heard lots of favorable news about Ripple recently. Am really tempted to buy just waiting for strong signal. Good thing it's a great coin. It's current level can be never be the limit.
Trading is all about patience the only problem most of us face is we get nervous and in order to prevent further loss we sell low. The only thing we should remember in trading is stick to a target. For example if you bought at 100$ and your goal is to sell at 150$ wait for it i can assure you it will hit , i mean in most of the big currencies like dash , ltc with high volume trading. Shitcoins can take a while or maybe never recover but trading is all about risking.
This is true, patience is really important. Also, time really can help for long term trade. But trade only with known coins or at least those that are top 10 in coinmarketcap so that it can be stable.
To OP, you are doing well,
Keep up the good work. Really it is very exciting and thrilling in cryptocurrency trading especially when whales are active. 
If you think winning is stressy, than never ever baghold. but you will, everybody bagholds once. you will almost lose your mind. those things every trader goes through in the beginning. when you are more expirienced your heart barely will acelerate anymore.
and: never ever, ok perhaps once in a while, "trade" your sleep for trading.
and: never ever, ok perhaps once in a while, "trade" your sleep for trading.
it is great, isn't it. specially these days.
but it takes a lot out of you. i am mostly day trading altcoins, or generally joining the pumps and jumping out of the train before it reaches the destination. but that also takes a lot of time and has lots of stress. i usually give it up but the profit and my greed brings me back
Unfortunately it looks like the blockchain tech surge is finally reaching its peak. To be honest it was just empty speculation - you could have literally picked any coin in existence and held it for a couple weeks and you would have more than doubled your money. Even the most obscure shitcoins in existence have got pumped, all at the same times.but it takes a lot out of you. i am mostly day trading altcoins, or generally joining the pumps and jumping out of the train before it reaches the destination. but that also takes a lot of time and has lots of stress. i usually give it up but the profit and my greed brings me back
Christ, the Internet is weird.
Anyway, good luck OP. Don't get caught up with all the high gains - they can't last forever. And make sure that a lot of your profit is realised, in case something bad happens.
It's a risky game you're playing. Just make sure it's based on skill rather than luck.
actually i think the risk of what i am doing is less than investing and holding longer term. for that a lot of things can go wrong in altcoins. they are so susceptible to manipulation and big dumps by their whales. specially if a big news about bitcoin comes out.
and when i say i am joining the pumps i mean i am going in only if it is early on in the pumping process not when it is all pumped and reached the highest possible.
Unfortunately it looks like the blockchain tech surge is finally reaching its peak. To be honest it was just empty speculation - you could have literally picked any coin in existence and held it for a couple weeks and you would have more than doubled your money. Even the most obscure shitcoins in existence have got pumped, all at the same times.
Christ, the Internet is weird.
Anyway, good luck OP. Don't get caught up with all the high gains - they can't last forever. And make sure that a lot of your profit is realised, in case something bad happens.
It's a risky game you're playing. Just make sure it's based on skill rather than luck.
Christ, the Internet is weird.
Anyway, good luck OP. Don't get caught up with all the high gains - they can't last forever. And make sure that a lot of your profit is realised, in case something bad happens.
It's a risky game you're playing. Just make sure it's based on skill rather than luck.
1. I don't agree it has reached the peak. Yes, this was a peak but there will be others.
2. I agree this peak will mislead people to think trading is easy. All the coins (almost) went so high, even silly ones. So maybe in peaks, it is good to buy cheaper coins and sell and stop and wait for the next peak:)
3. Always keep profits, and expect to fail at some point:)
Trading cryptocurrency is awesome stuff but very very scary. Believe me this thing can ruin you if you don't have a strong heart. Trading Altcoin is definitely not recommended for people with history of heart attack especially if you're day trading. I have two price notification apps, man those things nearly killed me. I ended up disabling notifications for all the coins am holding except Bitcoin
Ripple was my most challenging Trade & most rewarding. Ethereum was the easiest. My first Trade ever was April this year. I started with Ethereum at $45 sold at about $100 with just $25.
I already withdrew some Bitcoin from my poloniex account twice otherwise I would be worth $232 now.
My aim now is to hit $500 before the end of this year, so help me God.
Hope this inspires you to start trading no matter how small
Ripple was my most challenging Trade & most rewarding. Ethereum was the easiest. My first Trade ever was April this year. I started with Ethereum at $45 sold at about $100 with just $25.
I already withdrew some Bitcoin from my poloniex account twice otherwise I would be worth $232 now.
My aim now is to hit $500 before the end of this year, so help me God.
Hope this inspires you to start trading no matter how small
This feelings are normal if you dont have enough experience in crypto trading field. With good plan you dont even need to stare charts and check prices on every 15 minutes. But only thing matters you earned something from this activity. I advice you next time dont even think about your last position. Just set up your platform,buy/sell whichever market you want and forget about it. Stop loss or take profit will do it's job.Good luck
Eventhough you may have certain experience on trading but still you cannot eliminate the fear of lossing since we never know what will be the movement of the coin we desired to hold and also you are right in some instance since we should be knowledgable so that our fear will be lessen aswell we should make sure that we are investing on potential alts that has been listed on top 30 on coinmarket cap since for me that is my bases on potential alt to be hold. And my Habits in trading is I always secured my capital and the profit is been rerolled so that I will not be hurt for big loss occuring on its bad flactuation.
I am in around $400 loss with Ripple but I am holding them strongly and today XRP got green candles so I am quite sure I will be in some +ve within next few days. Holding your alts and buying more during correction is best and easiest trading strategy anyone can follow. Congratulation on your trading profit...
We must be very careful to trade in the world of cryptocurrency. Trading in a 3x world of cryptocurrency is more risky than forex. We should know more about how cryptocurrency works and less about bitcoin block, etc.bitcoin is created like money but precious like gold
Trading cryptocurrency is awesome stuff but very very scary. Believe me this thing can ruin you if you don't have a strong heart. Trading Altcoin is definitely not recommended for people with history of heart attack especially if you're day trading. I have two price notification apps, man those things nearly killed me. I ended up disabling notifications for all the coins am holding except Bitcoin
Ripple was my most challenging Trade & most rewarding. Ethereum was the easiest. My first Trade ever was April this year. I started with Ethereum at $45 sold at about $100 with just $25.
I already withdrew some Bitcoin from my poloniex account twice otherwise I would be worth $232 now.
My aim now is to hit $500 before the end of this year, so help me God.
Hope this inspires you to start trading no matter how small
Ripple was my most challenging Trade & most rewarding. Ethereum was the easiest. My first Trade ever was April this year. I started with Ethereum at $45 sold at about $100 with just $25.
I already withdrew some Bitcoin from my poloniex account twice otherwise I would be worth $232 now.
My aim now is to hit $500 before the end of this year, so help me God.
Hope this inspires you to start trading no matter how small
This feelings are normal if you dont have enough experience in crypto trading field. With good plan you dont even need to stare charts and check prices on every 15 minutes. But only thing matters you earned something from this activity. I advice you next time dont even think about your last position. Just set up your platform,buy/sell whichever market you want and forget about it. Stop loss or take profit will do it's job.Good luck
it is good to have targets in life when it comes to money. i have been doing it for a couple of years now. although in trading i can't really say i am setting any kind of targets because of the very unpredictable nature of it and also the fact that (alt least for me) trading takes a lot of time and spending that much time on trading is not possible for me these days although i am mostly missing out on many good pumps.
for bigger markets like bitcoin you need to learn how trading works. the technical analysis is also helpful.
for altcoin trading the best thing to do is to watch the market for pumps and get in before the hype and sell on top.
wow. I am very impressed that you were able to turn 25 into 200. that is a pretty incredible rate of return. What is your strategy if you dont mind me asking?
for bigger markets like bitcoin you need to learn how trading works. the technical analysis is also helpful.
for altcoin trading the best thing to do is to watch the market for pumps and get in before the hype and sell on top.
wow. I am very impressed that you were able to turn 25 into 200. that is a pretty incredible rate of return. What is your strategy if you dont mind me asking?
This is so inspirational. I have been trading for 5 years and I know exactly how challenging it is to trade with such a small account. You get eaten by fees and the spread in trading so multiplying your money from 25 into 200 is extremely impressive. I hope you hit your target of 500! it seems like you know what you're doing. good job
It is great that you learned ablut the trading ethereum is my first too whwni start fromteading but when i learned about how to trade prefectly even in short term of trading it will make you more happy when you do when you are about to make a profit about half of bitcoin even in short term of payment you can make it. By looking for a potential coin that will increase price that fast.
That was a nice share I hope you hit your target of $500. It is actually challenging to trade with small amounts and be able to multiply it to 4 folds and now your are targeting to make it 20 folds. Well, if you managed to buy XRP when it was around less than 200 satoshi, you could have been rejoicing with 100 times return since XRP reached more than 20k satoshi .
I hope you hit your target of $500. It is actually challenging to trade with small amounts and be able to multiply it to 4 folds and now your are targeting to make it 20 folds. Well, if you managed to buy XRP when it was around less than 200 satoshi, you could have been rejoicing with 100 times return since XRP reached more than 20k satoshi .
Nice inspirational story. I do not keep track of how much I made from trading. But I am sure it cost me a lot to learn. Even now, I still make noob mistakes like getting in on hype and ending up a bag holder. But I am quite sure I am on profit because of some altcoins I bought that made me some x20 profit. If I may just add, you also need patience in trading. Sometimes the coins may not move in a while but you have to be patient to wait for the devs to make some progress and the boom, the coin price explodes and your profit.
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