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

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USA282

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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

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I will wait for 2-3 hours. If the price doesn't falls. I will switch to any other currency :).
 
Do you use any technical analysis? Besides volume which criteria do you look when picking a coin? thanks for sharing and good luck.
 
Do you use any technical analysis? Besides volume which criteria do you look when picking a coin? thanks for sharing and good luck.
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 :)
 
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
 
What forms the basis for you to pull the trigger on any particular trade?
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
 
BCN TIME - GRAB NOW and sell at 225
 
You are asking to buy bytecoin?
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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