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[Journey] Cryptocurrency Trading - $150 to $100,000 by the end of 2017

Discussion in 'CryptoCurrency' started by USA282, May 22, 2017.

  1. USA282

    USA282 Jr. VIP Jr. VIP

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    Hey guys :)
    This may sound unrealistic to most of you. This target is pretty difficult to achieve but it's possible. Within a matter of weeks I've already turned $150 -> $4700.
    Then I decided to withdraw $3500 out of that total so currently I am left with $1200

    I will update this thread after each trade.

    Here are few rules that I follow.

    1. No impulse buying. I won't start freaking out if the price starts to rise. I must understand that anything which goes up will eventually come down.

    2. Setting a profit margin. I will only make 5% profit per trade. No matter how good the coin is. 5% is more than enough for me. I won't get greedy.

    3. I will only trade in the top 10 volume leaders of the day. Or else I'll will be left stuck on a coin for days

    4. monitoring 4-5 moins for atleast 3 hours a day before actually buying it.

    NEW IMPORTANT RULE - Added Today

    5. I did margin trading and it was pretty stressful and risky. I would never use margin trading.

    My Current STATS

    Estimated value of holdings: $1,254.86 USD / 0.60178835 BTC

    Current : Waiting for DOGE to fall to 154 SAT

    [​IMG]


    I will wait for 2-3 hours. If the price doesn't falls. I will switch to any other currency :).
     
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  2. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    I'll be following this one. Good luck!
     
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  3. Mcney

    Mcney Junior Member

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    Good luck! I'd like to see how this goes!
     
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  4. Vapys.Com

    Vapys.Com Regular Member

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    Following, best of luck!
     
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  5. William702

    William702 Jr. VIP Jr. VIP Premium Member

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    Following your progress. Good luck.
     
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  6. rhenardbaltazar

    rhenardbaltazar Regular Member

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    Hey mate, what platform do you use?
     
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  7. Cherry

    Cherry Supreme Member

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    Please keep updating this thread! Good luck!
     
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  8. ricp

    ricp Registered Member

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    Following to learn. Good luck man =D
     
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  9. nolove101

    nolove101 Newbie

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    Do you use any technical analysis? Besides volume which criteria do you look when picking a coin? thanks for sharing and good luck.
     
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  10. USA282

    USA282 Jr. VIP Jr. VIP

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    Poloniex :)

    Update :) LIke I mentioned, bought DOGE at 154 and I will sell them at 172 :)

    [​IMG]
     
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  11. tdose

    tdose Regular Member

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    Following, good luck =)!
     
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  12. USA282

    USA282 Jr. VIP Jr. VIP

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    mmm not really. I just keep monitoring the price change and also keep in mind the number of coins in circulation :)
    I bought at 154 but the price has gone down to 150. I guess it will drop to 140 , but its nothing to worry :)
     
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  13. hippo123

    hippo123 Jr. VIP Jr. VIP

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    What forms the basis for you to pull the trigger on any particular trade?
     
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  14. Heiko

    Heiko Jr. VIP Jr. VIP

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    Goodluck man! I saw your dogecoin thread yesterday and i wanted to start cryptocurrency trading now, thanks to you :D
    As this will probably help me, i will follow this thread
     
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  15. USA282

    USA282 Jr. VIP Jr. VIP

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    mmmm, its hard to explain. but If you look close it happens this way. The price drops rapidly to a certain point. At that certain point the drop kind of slows down. Thats the time we buy the currency. Now when we talk about the increase, the price increases rapidly to a certain point where it slows down. That when we sell.

    This should happen atleast 2 times before you eventually buy
     
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  16. norhirah

    norhirah Registered Member

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    good luck mate..
    its a good method..
    hope i can learn more..
     
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  17. USA282

    USA282 Jr. VIP Jr. VIP

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    BCN TIME - GRAB NOW and sell at 225
     
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  18. tux

    tux Jr. VIP Jr. VIP

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    You are asking to buy bytecoin?
     
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  19. USA282

    USA282 Jr. VIP Jr. VIP

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    Either BCN or DOGE. Sell at 10% profit

    EDIT: BCN time over- Its already at 230. It will definitely go higher but you will get a better price if you wait.

    Now its DOGE
     
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    Last edited: May 22, 2017
  20. cindyrose888

    cindyrose888 Power Member

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    Interesting rare journey :D Best of luck OP :)
     
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