small gains but cant make it big - page 6.

cryptjh

full member

Activity: 532

Merit: 187

Quote from: forestx on March 04, 2019, 08:44:27 AM

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

If you can 2x 1.000 each then you have a really good strategy. I sell those shitcoins as soon as I have made 5 or 10% as you never know when they crash again, and I only buy a small amount when I trade them.
Your goal of 20X is a huge number, you will be needing a long bull market for that.

mersal

member

Activity: 1204

Merit: 38

Quote from: forestx on March 04, 2019, 08:44:27 AM

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

I think the investment is like that we have to decide which will be better for us to make it possible so you need to be more invested with large goals then only you can get a huge income for your trading and you need to be more careful with your trading if that's this will also help for everyone to gain much more income.

upsidedown75

legendary

Activity: 1288

Merit: 1036

Quote from: forestx on April 09, 2019, 08:57:50 AM

I had 4 successful trades yesterday on Binance and yes while that is good the return just isnt good if I am going to earn or get life changing money I need to up my game.

You have tried, we have some people that are not even making profits or even attempting to trade, it’s still a risk you are taking but winning. I will just advise that you be extremely careful not to allow your greed to set in which may end up making you lose all your winnings, if the 4 you have been successful on is what you can be sure of on a daily basis, why not keep it at that, then apply the strategy of compounding till you see the big profit you want to get, if you aim too high, emotion might set in and take control of your trade.

I know you want a life changing money, you can attach that one to your long-term investment while using day trading to make ends means.

BitcoinTurk

hero member

Activity: 1666

Merit: 629

Quote from: forestx on March 04, 2019, 08:44:27 AM

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

It is a fact that in today's economic conditions, unfortunately, the small investor has become unable to obtain high return on any investment area. Although short-term investments remain popular, I think that these investments will be accepted by everyone without any doubt. In addition, we see that the long-term investments have not yielded any significant return on the basis of the sector invested in the sector, and that this return is decreasing day by day. Even though the small investor in the crypto-money sector is thinking positively in the long-term process, I think that very few small investors will have the opportunity to earn serious income in this sector. For this reason, long-term investments will be on the one hand, short-term transactions and profit margin to obtain a profit margin in a separate wallet accumulation will be the best method to give the best result.

btcyoda

member

Activity: 644

Merit: 10

In order to make big profits, you need to wait for the market recovery which is going to be a very good sign to hold them, at the beginning of my trading even i used to do the same thing which i used to make very small amount profit due to panic. So you need to control your emotions which will help you to make some decent profits.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: Whosdaddy on April 09, 2019, 09:35:28 AM

Quote from: Aivaryamal on April 05, 2019, 10:48:24 PM

If you say you can do on 30-50% shitty coins, then you don't have to have a large amount to change your life, the power of compound interest will easily help speed up the process

The funny thing is that he even knows that he’s trading shitty coins. How does someone expect to make good money by trading shit coins? Nothing good is ever going to come out from trading shit coins, you yourself already knows it’s a shit coin and being a shit coin means that a coin kinda worthless or worthless for real

Well, that in fact remains to be seen

If he has access to insider information (I mean real shit here) like close contacts with the developers (think drinking buddies here or whatever), he may jump in at the right moment before the pump and jump off right before the dump part. Obviously, if some coin gets pumped and then dumped, someone earns a pile of money (while someone else loses as much). Whether OP actually belongs to this select group of people is an open question though

Quote from: Whosdaddy on April 09, 2019, 09:35:28 AM

When OP is able to double his investment every day/month, why not make use of the same strategy and trade a bigger amount of money. Okay let’s assume he is trading around €50 like he has said, why not trade with 500 instead and using the same strategy to see if he can double it? Well, I’m just saying, it’s up to him to decide as per this long discussions

It doesn't work that way. It is pretty easy to earn a handsome percentage with a small amount, but it becomes way more difficult with bigger amounts

Whosdaddy

hero member

Activity: 1148

Merit: 527

Quote from: Aivaryamal on April 05, 2019, 10:48:24 PM

If you say you can do on 30-50% shitty coins, then you don't have to have a large amount to change your life, the power of compound interest will easily help speed up the process

The funny thing is that he even knows that he’s trading shitty coins. How does someone expect to make good money by trading shit coins? Nothing good is ever going to come out from trading shit coins, you yourself already knows it’s a shit coin and being a shit coin means that a coin kinda worthless or worthless for real.

When OP is able to double his investment every day/month, why not make use of the same strategy and trade a bigger amount of money. Okay let’s assume he is trading around €50 like he has said, why not trade with 500 instead and using the same strategy to see if he can double it? Well, I’m just saying, it’s up to him to decide as per this long discussions.

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: Wipangga on April 09, 2019, 07:08:10 AM

My opinion, even though what you get with a small profit, for me will also be good or it can be great. for me you can do the way you trade, so I'm sure you can also get bigger profits.

Small gains are better than no gains at all! Trying to make bigger profit can be greediness, that can be
bad for trading with crypto-currencies. With time it can get better, it require learning and higher investments
I don`t like huge risking in order to make some high profit. I`m not that kind of player, that`s why I believe
that it`s better for creator of this thread to continue to make small profit and to try to be satisfied with that.

forestx

jr. member

Activity: 172

Merit: 7

I had 4 successful trades yesterday on Binance and yes while that is good the return just isnt good if I am going to earn or get life changing money I need to up my game.

Wipangga

member

Activity: 600

Merit: 10

My opinion, even though what you get with a small profit, for me will also be good or it can be great. for me you can do the way you trade, so I'm sure you can also get bigger profits.

GregH37

legendary

Activity: 1302

Merit: 1037

Quote from: Aivaryamal on April 05, 2019, 10:48:24 PM

If you say you can do on 30-50% shitty coins, then you don't have to have a large amount to change your life, the power of compound interest will easily help speed up the process

Throughout all these days I have spent in crypto, I have realized and learned that you do not trade with little money and I am speaking about day trading in Bitcoin because you just do not make good money and even have to face the loss of your time vale as well. So, I now prefer to speculate in the best coins, though costly, but the return in such cases is enough to keep you happy. Speculations have great power. People have been making millions out of their coins.

A trader must develop more penitence otherwise he may struggle like this. If a trader is not capable of waiting for enough time for target reaching then it is highly suggested to be a long term holder rather than continuing as a trader with small gains.

forestx

jr. member

Activity: 172

Merit: 7

Quote from: Aivaryamal on April 05, 2019, 10:48:24 PM

If you say you can do on 30-50% shitty coins, then you don't have to have a large amount to change your life, the power of compound interest will easily help speed up the process

Yea but volume is a killer and I dont know if it is sustainable long term.
What I have been doing with shit coins is either spreading and also buying after heavy falls is value. I have also invested in masternodes and quickly go in and out

With day trading I am going in on coins at about 25% portfolio and trade to 1% I try and trade coins with low RSI and hope for quick reversal. I have done this twice today so far. Although I want to change this and do slightly longer trades for 5% or at least 2%

udidrone

sr. member

Activity: 2114

Merit: 268

Leading Crypto Sports Betting & Casino Platform

Quote from: Ziskinberg on April 05, 2019, 10:59:44 PM

Quote from: bummm on April 05, 2019, 03:25:50 PM

Quote from: devinks on March 29, 2019, 10:32:15 AM

that is the most unfortunate thing because if a smart trader with small capital can make a big profit. so now we have to be smart in managing small capital to get great results

However, you must agree that even the smartest trader will not make much money fast if he does not invest a lot initially. Yes, he will earn a lot, but not so soon. Several years will pass before it.

Honestly, as a trader, what matters to me is to be profitable.
The journey could be long but as long as it will result to profit, then we should be satisfied with it.

Understanding that trading does not guarantee big profits in short term, unless you are very smart, but in most cases traders only achieve success
in a long period of time.

That we need to be consistent with our strategy and eventually we will get what we expect, also patience is one of the factor that will help.

As long we satisfied with our profit, i think as trader it can be called success. Because we can control ourself from be greedy and then want to maximized our profit. Keep steady in trading even only a little by little, can be big if we do it a lot

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: bummm on April 05, 2019, 03:25:50 PM

Quote from: devinks on March 29, 2019, 10:32:15 AM

that is the most unfortunate thing because if a smart trader with small capital can make a big profit. so now we have to be smart in managing small capital to get great results

However, you must agree that even the smartest trader will not make much money fast if he does not invest a lot initially. Yes, he will earn a lot, but not so soon. Several years will pass before it.

Honestly, as a trader, what matters to me is to be profitable.
The journey could be long but as long as it will result to profit, then we should be satisfied with it.

Understanding that trading does not guarantee big profits in short term, unless you are very smart, but in most cases traders only achieve success
in a long period of time.

That we need to be consistent with our strategy and eventually we will get what we expect, also patience is one of the factor that will help.

Aivaryamal

full member

Activity: 1162

Merit: 101

If you say you can do on 30-50% shitty coins, then you don't have to have a large amount to change your life, the power of compound interest will easily help speed up the process

BeGoods

legendary

Activity: 1372

Merit: 1008

Quote from: bummm on April 05, 2019, 03:25:50 PM

Quote from: devinks on March 29, 2019, 10:32:15 AM

that is the most unfortunate thing because if a smart trader with small capital can make a big profit. so now we have to be smart in managing small capital to get great results

However, you must agree that even the smartest trader will not make much money fast if he does not invest a lot initially. Yes, he will earn a lot, but not so soon. Several years will pass before it.

several years is certainly a long time, actually you can make big profits even though your capital is small, be a smart trader dude, know how to get more frequent profits and accumulate a few percent of profits to add to capital, do it in a few months and you will see the changes..

bummm

full member

Activity: 630

Merit: 100

Quote from: devinks on March 29, 2019, 10:32:15 AM

that is the most unfortunate thing because if a smart trader with small capital can make a big profit. so now we have to be smart in managing small capital to get great results

However, you must agree that even the smartest trader will not make much money fast if he does not invest a lot initially. Yes, he will earn a lot, but not so soon. Several years will pass before it.

79b79aa8d5047da6d3XX

full member

Activity: 660

Merit: 101

Colletrix - Bridging the Physical and Virtual Worl

Its either you hold and make big prforit or you sell and make little profit. Holding comes with big profit but higer risk and higer waiting time. If you can read chart well to know when to sell high and buy low then swing trade will be the best strategy for you

dmty.0809

sr. member

Activity: 756

Merit: 250

wow, the profit in the week reaches 30% that is already very good. what coins did you buy? and how do you do it? I always trapped every trade and had to wait for several months to get a profit

cryptoknightt

sr. member

Activity: 1188

Merit: 251

Quote from: Aivaryamal on April 05, 2019, 02:26:01 AM

This is good when you have the opportunity to manage a large amount of money in the digital market, but you need to be able to work with a small amount too, also you need to use only 10-20% of the total deposit on the trade

I think when you want to trade you can use not too much capital, from the capital you have bought to buy a few coins, with 10% of each coin so that from the capital you use that can have 10 types of coins that have the potential to can find a lot of profit when you have a coin price increase.

Topic: small gains but cant make it big - page 6. (Read 16809 times)