Thread replies: 21
Thread images: 1
Thread images: 1
File: 04.01.116.png (58KB, 410x523px) Image search:
[Google]
58KB, 410x523px
Earn 3% per day, day-trading with $1000 investments.
How you earn the 3% is left to your own devices. $1950/month profit.
Date: 2017-1-10
Total: $1950.00
Date: 2017-2-10
Total: $3900.00
Date: 2017-3-10
Total: $5850.00
Date: 2017-4-10
Total: $7800.00
Date: 2017-5-10
Total: $9750.00
Date: 2017-6-10
Total: $11700.00
Date: 2017-7-10
Total: $13650.00
Date: 2017-8-10
Total: $15600.00
Date: 2017-9-10
Total: $17550.00
Date: 2017-10-10
Total: $19500.00
Date: 2017-11-10
Total: $21450.00
Date: 2017-12-10
Total: $23400.00
Have been using this strategy for 6 months and my earnings align with 2017-06-10 above. Actually have earned quite a bit more due to funneling all my earnings into alt-coins (some have pumped to the moon). Questions.
>>
>>1942206
oops, forgot to mention I add $650/month to my acc.
so the profits without additional deposits is more like...
Date: 2017-1-10
Total: $1300.00
Date: 2017-2-10
Total: $2600.00
Date: 2017-3-10
Total: $3900.00
Date: 2017-4-10
Total: $5200.00
Date: 2017-5-10
Total: $6500.00
Date: 2017-6-10
Total: $7800.00
Date: 2017-7-10
Total: $9100.00
Date: 2017-8-10
Total: $10400.00
Date: 2017-9-10
Total: $11700.00
Date: 2017-10-10
Total: $13000.00
Date: 2017-11-10
Total: $14300.00
Date: 2017-12-10
Total: $15600.00
>>
Is the liquidity comparable to futures or forex? I might want to try this.
>>
>>1942206
>day-trading cryptocurrency
>putting all your eggs in one basket repeatedly over and over again
No thanks. Buy something with a solid roadmap and hold.
>>
>>1942221
on $1000 yes its liquid.
I have a plan to stretch it to $2000-4000 in once theres more of a frenzy.
>>
so whats the fucking strategy?
>>
>>1942224
its $1000 each time you trade.
you take the profit and store it into a crypto you plan on longing.
I usually keep roughly $1200 in my acc. and the rest I long.
>>
When a big crash will come how are you gonna make sure you wont lose all your profits?
>>
>>1942206
So you put in another $1000 everyday
>How you earn the 3% is left to your own devices.
Just make 3%...
People always say you can trade at night or in the morning. Most of the time though there isn't a coin making big moves in either direction.
Usually it's coming down off a peak for the past several hours - a bad buy.
Or it peaked but didn't break through, and will stagnate, maybe up maybe down.
A lot of times I'll buy something and watch it all day and nothing happens. It doesn't go up and it doesn't trigger my stop.
What do you pick when there isn't some golden setup? I know you can wait out the market, but then maybe you do nothing for days on end - and clearly you haven't been doing that.
Looking at polo what would you pick right now? (I would say DCR or LTC, but I'm not confident enough to play either of those).
>>
>>1942233
I the bulk of it in USDT (about 75%)
rest of the profit is in memecoins.
>>1942235
>so you put in another $1000 everday
nope, just recycle the same $1200 you begin with (some days you might lose 2/4% (my stop/loss is set at 2%, and I take profit at 3%) some days when the volume is high and things are banging ill make consecutive trades, each time taking my 3% cut.
>looking at polo what would you pick atm
nothing.
volumes low, not exciting at all.
>>
>>1942235
>Polo
Theres your problem. If a coin has already made it to Poloniex chances are its either already peaked and stagnated or you will be holding the coin for quite a long time until it decides to pump.
Buy coins that look promising on Bittrex, and if theyre worth their salt they will pump rather quickly, followed by being added on to Poloniex and you just ride the wave the whole time.
Poloniex is also a buggy piece of shit. I hate using Polo.
>>
I like this idea but you should wageslave a little in order to increase your capital base.
>>
>>1942253
exactly what im doing anon.
maths a little off, its early.
its more like $900 per month in profit
I add $650 per month to my USDT acc. to throw into memes.
>>
>>1942243
>nope, just recycle the same $1200 you begin with (some days you might lose 2/4% (my stop/loss is set at 2%, and I take profit at 3%) some days when the volume is high and things are banging ill make consecutive trades, each time taking my 3% cut.
I see. I was playing around with .5btc doing something like this. Initially I looked to make 10%, stop loss 5-10%, but that is too rare.
>nothing.
>volumes low, not exciting at all.
You never miss a day though and the volume seems pretty average. So you'd wait until you see something make a move (like the ZEC run earlier)?
>>1942247
Eh as far as skiming 3% I don't think you should need or should be going after the obscure alts. Maybe for the moonshots, but that's much bigger risk and definitely not what op is talking about.
>>
>>1942243
Also do you make your 3% and call it quits or do you keep looking throughout the day?
How often do you sleep holding coins intended for a short term trade?
>>
Day trading cryptos is cyberpunk as fuck we really are living in the future
>>
>>1942267
https://www.youtube.com/watch?v=Sh0djQG5eEI
Synthwave is proven to increase gains by over 9000
>>
>>1942243
What about transaction costs? Of the 3% that you take, how much is eaten up by transaction costs? I have never traded cryptos so I'm wondering how viable a high frequency/low order size strategy is.
Cheers!
>>
>>1942745
transaction costs on crypto are really low, in the ballpark of .2%.
>>
>>1942745
Crypto exchanges take a very small percentage of each trade as fee. They aren't worth thinking about unless you're trying to profit from bid/ask spread or something.
>>
>>1942206
so you just bet on random coins? or what?
Thread posts: 21
Thread images: 1
Thread images: 1