Topic: small gains but cant make it big - page 13. (Read 16788 times)
Prepare a compounding table based on your daily percentage profit, try and google search a good table you should be able to prepare the table which will assist you in attaining your goal, 10% daily with a reasonable capital amounts to huge profit at a particular point in time if well executed with compounding. however remember to include stop loss in your trading strategy.
I have also seen some patterns but is very much difficult to see when the market trend changes for the timing of when to sell and then buy back. I think the problem with this market is that there is no real program to install in our desktop for which there we can add more indicators for trading. With such software, I think small gains can be bigger.
You can still quickly take advantage of those shitcoin that you are able to make quite profit on by investing more on them though I am not saying you should invest your life savings but increase what you have been using to trade after all most of those shitcoins are quite very shit to buy compared to the reliable ones that are expensive but for long term invest met, we all know that the only coin still very much reliable than can give you peace of mind is BITCOIN but I doubt if you can make 20x of your investment on it a year trading bitcoin except your are luck to have bull run meet your trading.
I would suggest that keep taking small gains for now. Beacuse big gains will happen when market has a high volatility happening as moment will be higher at such instances . Also if you invest for long term you can make it big during that time .
You need to continue to make a profit and never stop, and you already did that with the low coin price. I think it's better to stick with the low coin price than to try with the high coin price because it's too hard if you only have a small balance. The chance to make a double profit will bigger for the low coin price because once the price increase, and the price will reach almost 10% or even more.
I am suggesting that because you already said this:
So you already have noticed the pattern, and if you can do more, I am sure that you can increase the balance in a monthly.
I am suggesting that because you already said this:
Quote
Since doing more trading in the last few months I have noticed a pattern. I seem to be able to double small investments in shit coins quickly like in a week or so and get 30-50% gains in a few days but cant compound that long term or with higher amount of cash.
So you already have noticed the pattern, and if you can do more, I am sure that you can increase the balance in a monthly.
Been involved in the crypto market about 18 months and getting back into it this year after not doing much at the end of last year. I am trying to figure out the best straggly for building my portfolio with the aim of 20x my investments is euro terms by year end by trading, long term investments or staking
Since doing more trading in the last few months I have noticed a pattern. I seem to be able to double small investments in shit coins quickly like in a week or so and get 30-50% gains in a few days but cant compound that long term or with higher amount of cash. When I say low amount of cash I mean like 50€. I have one investment of 50€ and based on current estimates I should have doubled that in a few days
Now obviously if I could compound that weekly or monthly it would be amazing but cant do it. Heck even if I could double €1000 every month and remove profits it would be life changing.
Any advice on moving to the next level or what I need to look at in order to reach my goals
The thing you are hoping for is really impossible which you do expect that you would able to retain on making profits on a particular kind of time.Trading canSince doing more trading in the last few months I have noticed a pattern. I seem to be able to double small investments in shit coins quickly like in a week or so and get 30-50% gains in a few days but cant compound that long term or with higher amount of cash. When I say low amount of cash I mean like 50€. I have one investment of 50€ and based on current estimates I should have doubled that in a few days
Now obviously if I could compound that weekly or monthly it would be amazing but cant do it. Heck even if I could double €1000 every month and remove profits it would be life changing.
Any advice on moving to the next level or what I need to look at in order to reach my goals
give out those percentage profits but there are no guarantees on when and gains will matter on how a certain investor would secure its profits or would just plan
to remain and wait up for further gains as the price soars high but well not all the time price would go up and there would be always a time for dump.If you cant able
to compound your profits then its much better to focus on how to have a profitable trade always.
lol is there a strategy that would die eventually? I haven't seen one yet, an old strategy is still effective anytime though as long as it didn't affect your rhythm.
Of course. It just really depends on the strategy itself. But since we don't know what the actual strategy is, as obviously OP doesn't want to publicize it(which is very understandable), then there's just no way for us to know if it could actually work forever.
There are many ways where we can achieve good profit from altcoins trading. The important thing is to divide your investment in short term coins, mid term coins, low cap coins and Top 10 coin marketcap coins. If you have equally invested your money in all these types of coins, there is no way that you can lose in your trades.
The best way for you to make it big is to start with big amount for trading, I would advise you to begin with one btc for trading and that should be able to give you between $250 - $500 daily if you play your cards right.
Just watch the market and learn to switch between coins quickly, also learn to pull out with little profit because you don't know how the next minute is going to be like. If you do this well, I can guarantee you of making a profit of about 10% of the 1 btc you invested daily, it's even possible to earn more.
Just watch the market and learn to switch between coins quickly, also learn to pull out with little profit because you don't know how the next minute is going to be like. If you do this well, I can guarantee you of making a profit of about 10% of the 1 btc you invested daily, it's even possible to earn more.
This is not a good advise to invest big amount to get good returns from trading. I have seen many examples where people invest 1 btc or more and they lost their amount due to unable to buy and sell at the ideal time. Also if one is new to trading and market is bear, then it is extremely difficult to get profit daily from the trades.
Continue what you are doing right now is the way to go. Do not bring greed in your trading otherwise, you will lose everything. Small gains consistently add up to the massive profit you are dreaming of. Remember nobody is controlling the market and no one can predict what will happen the next market move. Everyone is speculating and no one is 100% sure. Have a nice trading day.
"A little drop of water make the mighty ocean" so, also trade. Since the drastic dropped in the market, i had make some reasonable returns in small amount which am quietly okay with. Though my daily earnings are in the range of 3-7% which compared to some good traders is a small amount but am satisfied with what i get, don't be greedy comrades.
The current market is not the one that we can say that we can take 100% or more profits. This market is more suited to get 10 -20% profits and then exit the trade. If we greed for more, then there are chances that the coin may not go further higher and we may experience the dump.
I usually focus on taking small profits from the trades.
It is also a very good strategy, to earn little and to accumulate, it is very intelligent, since you see the trade as a business. Currently there are many people who want to become millionaires from one day to another with bitcoin, that is very difficult, almost impossible.I usually focus on taking small profits from the trades.
I think he believes that one cannot make it big accumulating little from those altcoins which I believe is quite getting it wrong, he might make it big accumulating from that little depending on the number of times he gets in and out of a trade a day, if he trade those coins 20 times a day with profit continuously for the period of time the coin is still functional, I think he should be able to make 20x of his investment within a year.
When you keep repeating the strategy of making small profits then it is going to be huge profits for you,so simple right.
No easy way to make huge money you need to try hard,keep your profits re invested on the coins and increase your capital amount which gradually increases your profits as well.
We can make it big if we gradually increase our capital cause it take a hundred years of waiting if we only just invest in small amountNo easy way to make huge money you need to try hard,keep your profits re invested on the coins and increase your capital amount which gradually increases your profits as well.
If we are strong enough, have courage to take the risk, then better to start with a good amount. But we shouldn't put it in a single coin, we have to spread it either into 3-5coins as a start.
When you keep repeating the strategy of making small profits then it is going to be huge profits for you,so simple right.
No easy way to make huge money you need to try hard,keep your profits re invested on the coins and increase your capital amount which gradually increases your profits as well.
No easy way to make huge money you need to try hard,keep your profits re invested on the coins and increase your capital amount which gradually increases your profits as well.
I think the only strategy here is daily short of coins. But it's going to be difficult as it is hard to find a gem so to speak. The best way for you is to really comb those tokens, specially those who are going to be listed on a particular exchange because usually those crypto literally shoots up. You can take a lot here (https://coinmarketcap.com/gainers-losers/), ranges from 18%-173% in 24 hours. You might want to try and see how it goes for you.
Any advice on moving to the next level or what I need to look at in order to reach my goals
Have you tried finding a gem? I mean, low cap coins or tokens that have a bright future but it's massively undervalued right now. It might be not a trading strategy but it worth to try if you can risk $50 or more to try your luck. Last month I invest in one project with $20 and it gives me nearly $200 profits. Of course, this is very risky and I can't guarantee I can repeat it again.
So with your double in a week strategy, maybe use some of them to 'invest' in a potential coins/tokens. Most of these gems are promoted by BlockchainBrad, themoonwalker or other Twitter crypto influencer.
lol is there a strategy that would die eventually? I haven't seen one yet, an old strategy is still effective anytime though as long as it didn't affect your rhythm.
Of course. It just really depends on the strategy itself. But since we don't know what the actual strategy is, as obviously OP doesn't want to publicize it(which is very understandable), then there's just no way for us to know if it could actually work forever.
The best way for you to make it big is to start with big amount for trading, I would advise you to begin with one btc for trading and that should be able to give you between $250 - $500 daily if you play your cards right.
Just watch the market and learn to switch between coins quickly, also learn to pull out with little profit because you don't know how the next minute is going to be like. If you do this well, I can guarantee you of making a profit of about 10% of the 1 btc you invested daily, it's even possible to earn more.
Just watch the market and learn to switch between coins quickly, also learn to pull out with little profit because you don't know how the next minute is going to be like. If you do this well, I can guarantee you of making a profit of about 10% of the 1 btc you invested daily, it's even possible to earn more.
The market at this moment is in a tenuous war between bears and bulls, it is difficult to enter many altcoins without having a high probability of falling, although there may be positive signs of the market, maybe if you start with at least 3 operations a week , your effectiveness rate may increase. A follow-up and a good study of the market can increase your chances of success. Many say that a bullfight is coming, but I am not one of those who predict, but react to the market.
The current market is not the one that we can say that we can take 100% or more profits. This market is more suited to get 10 -20% profits and then exit the trade. If we greed for more, then there are chances that the coin may not go further higher and we may experience the dump.
I usually focus on taking small profits from the trades.
Been involved in the crypto market about 18 months and getting back into it this year after not doing much at the end of last year. I am trying to figure out the best straggly for building my portfolio with the aim of 20x my investments is euro terms by year end by trading, long term investments or staking
Since doing more trading in the last few months I have noticed a pattern. I seem to be able to double small investments in shit coins quickly like in a week or so and get 30-50% gains in a few days but cant compound that long term or with higher amount of cash. When I say low amount of cash I mean like 50€. I have one investment of 50€ and based on current estimates I should have doubled that in a few days
Now obviously if I could compound that weekly or monthly it would be amazing but cant do it. Heck even if I could double €1000 every month and remove profits it would be life changing.
Any advice on moving to the next level or what I need to look at in order to reach my goals
Sustainability is important in trading and past performance doesn't guarantee the same results for the future. Better to learn how to improve your trading style and more importantly try to cut unnecessary trades, so focus on main trades based on a trend. If you can try to spread your balance on several small trades and see how it goes. Doubling the balance every month is a myth and almost impossible. You should prove that last performance didn't happen for a symptom called "newbie luck". Since doing more trading in the last few months I have noticed a pattern. I seem to be able to double small investments in shit coins quickly like in a week or so and get 30-50% gains in a few days but cant compound that long term or with higher amount of cash. When I say low amount of cash I mean like 50€. I have one investment of 50€ and based on current estimates I should have doubled that in a few days
Now obviously if I could compound that weekly or monthly it would be amazing but cant do it. Heck even if I could double €1000 every month and remove profits it would be life changing.
Any advice on moving to the next level or what I need to look at in order to reach my goals
"Shitty" coins bear the high risk as they could go to zero, on the other hand, they are have the highest tendency of getting pumped since they are usually low capped. No one has the "crystal ball" for making 20x in a bear market.Since you seem to have been successful at day trading,, you may want to have a fixed sum for daytrading and then turning the daily profits into some coins for mid-long term.
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