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Topic: How I turn my $200 to $20000 (Read 595 times)

hero member
Activity: 2968
Merit: 609
Leading Crypto Sports Betting & Casino Platform
October 09, 2021, 03:40:24 PM
#80
It's even more comfortable to buy and sell during the bear run instead of a bull run.

I do not think so. I like I mentioned above, if you are skilled enough then you will be able to make consistent profits on all types of markets which include sideways trend as well.

Indeed, it won't matter which market season is going on if anyone well skilled to spot current trends/hype of the market. As crypto market's having any kind of trends whether it's bull or bear season, so anyone can make profits by taking advantage of those for their own trading. Also, grid trading is more useful with stop-loss while sideways movement is happening, IMO.
When it comes to profitability then this would always matter on traders capacity or skills because this isnt something you could really make out even if you do tend to copy out someones strategy.

Lots of factors could really affect your profitability and when it comes to decision making then this will really be different to each other.You could really turn out your 200 bucks to 20k if youve done it well.

Compounding profits might be the way or method on here or slow accumulation.This is the beauty or chance that trading could give.
jr. member
Activity: 140
Merit: 2
October 09, 2021, 03:30:19 PM
#79
In fact, this is very cool! I would like as many traders as possible to go this way, getting a positive result.
sr. member
Activity: 1414
Merit: 272
BitByte Crypto: https://link3.to/bitbytecrypto
October 09, 2021, 03:10:02 PM
#78
It's even more comfortable to buy and sell during the bear run instead of a bull run.

I do not think so. I like I mentioned above, if you are skilled enough then you will be able to make consistent profits on all types of markets which include sideways trend as well.

Indeed, it won't matter which market season is going on if anyone well skilled to spot current trends/hype of the market. As crypto market's having any kind of trends whether it's bull or bear season, so anyone can make profits by taking advantage of those for their own trading. Also, grid trading is more useful with stop-loss while sideways movement is happening, IMO.
hero member
Activity: 2898
Merit: 669
www.Crypto.Games: Multiple coins, multiple games
October 09, 2021, 01:04:50 PM
#77
If things are that easy then why there are still lots of traders burned during the bull runs? When the market is in a bull run, people have no choice but to hug the high price. They are forced to buy at the top and sometimes the results are not that good.
This year for more than 40% of months, we had bearish trend hence making profits from trading is not depending on the trend of the markets but absolutely depending on your skills. We must need experience and skills to make profits regardless of where the market is heading. Probably in bullish trend if we adopt long term holding way of trading then we may make easier profits but I guess that must be out of context here as we are taking about active trading and not about holding.

It's even more comfortable to buy and sell during the bear run instead of a bull run.
I do not think so. I like I mentioned above, if you are skilled enough then you will be able to make consistent profits on all types of markets which include sideways trend as well.
full member
Activity: 1708
Merit: 105
October 09, 2021, 12:36:04 PM
#76
Very inspiring, actually I started to invest 50usd and bought AXS too at 19usd it doubled my investment but the bad thing is i didnt hold. Now that I have $100 from my balance I started invested it on DOGE and ETH.
actually you are not wrong, anyone will multiply the funds obtained to be even more profitable. but we already know that in trading it is not always profitable and you experience that. but it's normal if one time to anticipate but not relax to keep trying because the trade is still going on.

Hold is Gold, i heard this, but i never hold any coin for long time and for this reason stil i couldn’t  increase my portfolio, you not hold AXS and lost a good profit from it, it has same with me.   
I may disagree that hold is the best move, because in trading profit and loss equal opportunities we will get. because by holding back, we will not be able to develop again, even though we do need to be developed, so it is not wrong to continue trading. once again good analysis and need to be patient and not greedy, must also play a role in trading.
hero member
Activity: 2926
Merit: 636
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October 09, 2021, 10:39:14 AM
#75
It's a big inspiration for me.
Trading is risky but if we do the right thing, strategy, and emotions, trading will really make us many profits. Many people also have proven this.
I personally also have enjoyed some profits from trading. But it is not as big as yours. Turning $200 only to $20000 is a big profit. We know that it may be not easy for you moreover at the beginning. However, we also know that some people may be inspired by you, but some only focus on the profits, not the process that you have done.
Good, really great inspiration.
It really matters how we brought our life in real trading. It was very easy to speak but somewhat difficult when you are in actual trading, that is the fact. I can really say that I can do this and this at the very beginning but once on the on-set, it may change at all and mostly out of the plan. This is the reason why we mostly lose from trading and only a few are able to succeed because they stick to the plan and focus.
It found this to happen due to the volatility of the market and sometimes we lose control of our emotions which leads to failure and losses.
legendary
Activity: 2870
Merit: 1083
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October 09, 2021, 04:30:10 AM
#74
When the market is in bullring, its very easier to make some quick profits and rust me, you don't really need more of technicalities to make some profits, just follow the hype and swing some Buy and Sell, ams you are good to go.

That's right there's no need for any technicality when someone is holding during the bull run. But I totally disagree with you that it's easier to make quick profits in a bull run. If things are that easy then why there are still lots of traders burned during the bull runs? When the market is in a bull run, people have no choice but to hug the high price. They are forced to buy at the top and sometimes the results are not that good.

It's even more comfortable to buy and sell during the bear run instead of a bull run.
hero member
Activity: 2646
Merit: 588
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October 08, 2021, 07:53:39 PM
#73
It simply means that trading is really hard and risky. And we can never expect that it all be in good and profiting but losses are somewhat a part of it due to the volatility of the market we all have to experience this from time to time. Seeing no assurance from trading, even we are an expert, been in trading for so many years but can't say that it all gonna be fined. We can't make it perfectly and sometimes we been influence by our emotions which is mostly one reason for our failure.
just like those of you who have been in the trading world for a long time but still can't think that trading is easy, especially for those of us who are still beginners. but I think that big profits can be achieved by going through the process, and we should not assume that trading will make big profits in a short time
We come to trading for a profit and that is our main goal but we can't assume that it will work smoothly even you have a so-called process. Knowledge, skills, capital, and strategies, these things couldn't give us the assurance to succeed because out of those things that are merely hard to control is our emotions which are a barrier to our success.

Even old-timers traders had never stop from learning and adopting the market situation and this must be applied for the newcomers as well. Perhaps, there is no way to stop from doing this as it was a vital thing to do.

There are strategies to reach the OP's goals but it is not an easy journey.
He may even lost the $200 before gaining sufficient experience to battle his quest here.
That is, if he will not give up. As he starts to go up, don't use all the funds in one coin.
Diversifying is one strategy to minimize losses. Gaining tips along the way will also help in choosing the good path in trading.
It may not only take 200 bucks to reach his goal but if he will continue, he may even gain more than what he is aiming for.
hero member
Activity: 2954
Merit: 671
Message @Hhampuz if you are looking for a CM!
October 08, 2021, 07:41:10 PM
#72
It simply means that trading is really hard and risky. And we can never expect that it all be in good and profiting but losses are somewhat a part of it due to the volatility of the market we all have to experience this from time to time. Seeing no assurance from trading, even we are an expert, been in trading for so many years but can't say that it all gonna be fined. We can't make it perfectly and sometimes we been influence by our emotions which is mostly one reason for our failure.
just like those of you who have been in the trading world for a long time but still can't think that trading is easy, especially for those of us who are still beginners. but I think that big profits can be achieved by going through the process, and we should not assume that trading will make big profits in a short time
We come to trading for a profit and that is our main goal but we can't assume that it will work smoothly even you have a so-called process. Knowledge, skills, capital, and strategies, these things couldn't give us the assurance to succeed because out of those things that are merely hard to control is our emotions which are a barrier to our success.

Even old-timers traders had never stop from learning and adopting the market situation and this must be applied for the newcomers as well. Perhaps, there is no way to stop from doing this as it was a vital thing to do.
full member
Activity: 546
Merit: 148
October 08, 2021, 02:59:43 AM
#71
When the market is in bullring, its very easier to make some quick profits and rust me, you don't really need more of technicalities to make some profits, just follow the hype and swing some Buy and Sell, ams you are good to go.
There are lot of opportunities in crypto trading as long as Bitcoin doesn't misbehave, if you are very good in getting information on Binance exchange, you will make quick money before a coin explode.

The down side of this is that when the coin want to make corrections, it sometimes looks like a disaster and you will heavily loose if not have which has happened already to Op but it's a blessing you made $10k for your family.
member
Activity: 770
Merit: 12
Trphy.io
October 07, 2021, 11:08:26 PM
#70
It simply means that trading is really hard and risky. And we can never expect that it all be in good and profiting but losses are somewhat a part of it due to the volatility of the market we all have to experience this from time to time. Seeing no assurance from trading, even we are an expert, been in trading for so many years but can't say that it all gonna be fined. We can't make it perfectly and sometimes we been influence by our emotions which is mostly one reason for our failure.
just like those of you who have been in the trading world for a long time but still can't think that trading is easy, especially for those of us who are still beginners. but I think that big profits can be achieved by going through the process, and we should not assume that trading will make big profits in a short time
hero member
Activity: 2954
Merit: 671
Message @Hhampuz if you are looking for a CM!
October 07, 2021, 07:01:53 PM
#69
It simply means that trading is really hard and risky. And we can never expect that it all be in good and profiting but losses are somewhat a part of it due to the volatility of the market we all have to experience this from time to time. Seeing no assurance from trading, even we are an expert, been in trading for so many years but can't say that it all gonna be fined. We can't make it perfectly and sometimes we been influence by our emotions which is mostly one reason for our failure.
hero member
Activity: 2016
Merit: 549
Leading Crypto Sports Betting & Casino Platform
October 07, 2021, 06:58:54 PM
#68
It's a big inspiration for me.
Trading is risky but if we do the right thing, strategy, and emotions, trading will really make us many profits. Many people also have proven this.
I personally also have enjoyed some profits from trading. But it is not as big as yours. Turning $200 only to $20000 is a big profit. We know that it may be not easy for you moreover at the beginning. However, we also know that some people may be inspired by you, but some only focus on the profits, not the process that you have done.
Good, really great inspiration.
hero member
Activity: 2758
Merit: 629
October 07, 2021, 05:59:21 PM
#67
I checked OP's post history and he is not a noob neither, dude is a good trader. I mean of course everyone has great days and horrible days and obviously this was probably one of his better days. I do not mean like he could do this all the time, but he looks like a smart person who knows what they are doing so I assume that it wasn't like some dumb newbie lucky that he made this profit, he was ready for some stuff.

At the end of the day, if you study hard and become a good trader, you increase the possibility of you making some profit, and if you do that hardcore then you are going to profit from it in the long term as well. I am not an amazing trader, but I work hard to learn more so that the possibility of me trading to make this kind of return becomes possible, without working hard then you will not even have that chance at all.
jr. member
Activity: 315
Merit: 2
October 07, 2021, 01:01:00 PM
#66
Very inspiring, actually I started to invest 50usd and bought AXS too at 19usd it doubled my investment but the bad thing is i didnt hold. Now that I have $100 from my balance I started invested it on DOGE and ETH.
Hold is Gold, i heard this, but i never hold any coin for long time and for this reason stil i couldn’t  increase my portfolio, you not hold AXS and lost a good profit from it, it has same with me.   
sr. member
Activity: 2044
Merit: 329
October 07, 2021, 07:09:24 AM
#65
...

Honestly, this is a very inspiring story...

this year was a great year, I also earned thousands of dollars from trading this year but unfortunately, I made a mistake and put all my funds in defi. I admit I was greedy because I put all my money in a newly emerging defi project without first analyzing it, more than 70% of my assets value disappeared from the defi.
legendary
Activity: 3066
Merit: 1168
October 07, 2021, 04:25:01 AM
#64
Great inspiration. And its a 100x profit from your initial investment. There are lot of peoples that do not have big investment but they have great professional skills that's why they earned lot of money with a small investment. And you are one of those person that turned their small investment into a big profit. I did not know how you make this profit but its a great achievement.

Well, it was time to see some positive and inspirational trading stories here... this is definitely that! Someone who makes x100 with trading in 3 months deserves congratulations definitely!

It's possible, we know it's possible and some people are achieving it! I couldn't find myself in short (daily) trades, somehow I was doing everything wrong, and that leads to losses... Now I am profitable with mid and long-term trades, but I don't chase for a big profit, I am just looking to survive and to have more crypto in the future!
hero member
Activity: 1610
Merit: 507
October 07, 2021, 04:15:45 AM
#63
Great inspiration. And its a 100x profit from your initial investment. There are lot of peoples that do not have big investment but they have great professional skills that's why they earned lot of money with a small investment. And you are one of those person that turned their small investment into a big profit. I did not know how you make this profit but its a great achievement.
Yes, that is a big story from him and I guess he could not imagine that he could make a big profit from trading. I am sure he will have the other opportunity in the future, especially if he can improve his skills be better than before. It is a good lesson not to give up on what we believe in achieving our goals. Hopefully, this year we can come back to make a big profit again and continue to work in crypto as usual. I am sure in the next bull run, we will have another good story from crypto.
member
Activity: 812
Merit: 53
October 07, 2021, 01:04:30 AM
#62
Great inspiration. And its a 100x profit from your initial investment. There are lot of peoples that do not have big investment but they have great professional skills that's why they earned lot of money with a small investment. And you are one of those person that turned their small investment into a big profit. I did not know how you make this profit but its a great achievement.
sr. member
Activity: 1895
Merit: 328
October 06, 2021, 11:56:42 PM
#61
I had using the same planning for my trading, I had started with an amount of 100$ at the first, then i didn't no which coins should be buy and how the risk management works in trading and how much it is beneficial for a trader to take control of it, but now I know most of the things about crypto and trading and make by trading to a level.
Right now, it's excellent trend as many investors doing things like this because they feel much better and satisfied with experiment's like this instead of doing jobs or having stuff which give them headache I was watching few social media groups were too many youths are involved in this, and they have some good profit as their own strategy.

Many lessons can be learned from these trading experiments and small capital never been hurt because we have very long way to go in life, just keep eye on market and have your own research for solid and use case projects because sometime scam projects can hurt very badly.
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