I will sell OMG and QTUM when they reach $20 and NEO when it reaches $30.
Am i doing this right?
>>3409191
No. Those are all arbitrary numbers. It's a step above the retards here who buy high and sell low, but it's still leaving money on the table.
I plan on doind exactly the same and put it all in ARK and IOC.
Maximize your returns. That's how you make more money.
>>3409220
so how do you know when to sell without setting goals
trying to get approved on kraken, gemini takes 2 weeks; eth on coinbase doesnt come in until 9/14
how the fuck can i buy omg holy shit. these fucking bullshit verifications
Yes, but you'll probably have to wait months/years.
>>3409191
>trading relative to fiat
You aren't going to make it.
>>3409318
>I initially bought ARK at 18k sats but sold because i thought would take more time to moon.
At this point, I'm done trying to catch the new hot coin every week.
I'll become a millionaire next year just with my ARK and IOC stacks.
>>3409263
you trade by the R and S lines not your magical number
>>3409220
>hurr durr concise advice makes you think it's nice
Realistically though, set fucking profit goals and think long term. If you start with $1000 and make just 2% gains a day on your stack, you'll have over a million in a year. If you make the 2% multiple times a day via different trades, you're there even quicker
>inb4 I don't know how compound interest works so I'll try to dispute this fact
>>3409417
>Realistically though, set fucking profit goals and think long term. If you start with $1000 and make just 2% gains a day on your stack, you'll have over a million in a year. If you make the 2% multiple times a day via different trades, you're there even quicker
For sure but for you to do that you'll have to trade with your whole investment, everyday, for 2% profit.
Although possible, it's very difficult to succeed. It puts an onus on yourself where you might more easily have heavy losses than your 2% per day.
Day trading isn't for pussies. You have to be scientific about it.
>>3409502
Trading your entire stack is a bad idea, but having a good chunk just for flipping works. The problem with crypto is the fact that the price can just dump 20% for no fucking reason in minutes and then stay down. Or it can drop low enough to trigger a stoploss and then pump hardcore.
>>3409730
That's why I just let my portfolio sleep and check back in a few months. I already have a very good investment that'll probably make bank in a year.
No day trading for me.