Wheeeee! My double digits is halfway to triple digits. Hodler for hire.
Likely, the more you tease, the more obligation that you are going to create for yourself to share your secret with us..... in other words, what is the trick to go from single digits to double digits to triple digits within such a short period of time. Merely luck, or is there some kind of system that is repeatable for us laypersons?
He dabbles in alts. If you haven't noticed, there's some serious rotation in the works.
Edit: if he's gone from 25 to 50 BTC, probably does more than just dabble.
O.k.
Maybe the topic is a bit too complex for dab(ling) into, and then getting into off-topicness, especially if such practices are not easy to explain for us lay personas.
I understand that some folks play all or nothing with the trading of their stash (at least the trading portion of their stash), and likely it takes a bit of experience and practice (and perhaps luck, too) to get those kinds of practices to become profitable in any kind of consistent way.
Since I can better relate to incrementalism thinking, I will try to just stick with variations of incrementalism thinking - because anything else may likely go above my head, anyhow.
JJG, you won't like my answer, but I confirm what Rosewater says. To me, they are tools. I avoid the obvious scams, but for example, in roach's eyes, even bitcoin is a scam, sooo....
I did get some free Ripples from a long time ago, sold them all a month later and got maybe a whole bitcoin for it (valued at $500? or something). Can't complain, it was free.
If you want to know which alts I have, send me a PM as that's off topic here. Even the mention of alts (except to joke about them) isn't well liked here. But at the end of the day (or end of the week) I trade those alts back to BTC.
I am not a day trader, nor have any bots. I just buy low and sell high. Sometimes I buy high and sell low, but so far I've been averaging positive. I hold for several weeks or months, so some of these things I got middle of 2017, before everything went up.
I missed the big ones. Got lucky (fate? destiny? right coin at the right time?) with a few, and there are a few very long term hodls I have because I know the dev... (yeah, roach is gonna say this means a centralized coin ....) or the dev knew me and reached out.
I don't like mining, but some of these are POS coins (proof of stake), and a couple of them even have "masternodes" (yeah, not Dash, I wish tho, right, who doesn't want a $1m USD node)...
I'm also currently technically unemployed, and have been for about a couple of years, so I have to survive by spending my bitcoins, and I have to make sure I don't lose too much any gains I make. This forces me to be very careful with my trades, or which ICOs I "donate" to, or which airdrops I join (well, some of them anyway, cuz airdrops are free).
One airdrop back in July? or June? 2017, held the coin for 3 months, then it was going to fork or something so I went on an exchange and my free coins were worth 2 BTC, valued back then at $800, or whatever the price of BTC back in July.
I don't know if it's luck, but it's repeatable, the only problem is, right now, I'm not so sure which particular coins you should repeat it with. I have some bets, and again, I am careful, but I am not a stock picker, I'm not a day trader, I just HODL.
My plan in Feb or March 2018 is to cash out some and go buy some Amazon and Walmart stocks. And maybe a small pile of gold too. I like bars. A couple of 1 oz bars wouldn't be a bad idea to just stick around the house somewhere.
I also help a couple other people to buy some coins, and HODL it for them. (yeah, they trust me) ... since it's their money, they keep the gains, but since I'm the HODLer, I get a small cut.
So ... wheeee?!