TARGET 8500

Well, it's a 500k stack but I'm extremely careful and always have a written plan for where I want to be at every support level. Right now that covers about 10 different price levels that look realistic. The plan is revised on every significant market move naturally. My philosophy on trading is I don't think about what I've made or lost cuz then you get emotional and start making mistakes trying to juice more out of the trade than what is there in case of a loss or you relax too much on your wins. I try to look at the chart as it is at this very moment and make the best distribution of funds possible and I don't even think about the numbers though usual buys are anywhere betwen 50 and 100k. That seems to work for me. For what it's worth, I started in the low 4 figures a couple of years ago.

how much did you start with? What's the lowest timeframe you look at when doing your analysis?

target: kys

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I started with 2500 in July of 2017 that went to 10k in December right before the bubble burst. Then I messed around trading shitcoins for a while working on my strategy. Eventually everything clicked and I got tired of shitcoin trading since so much of it is scammy you can get dumped on completely in a heartbeat. Now I trade mostly BTC.
I look on every time frame. Preferably the 1 hour but if I can't find anything I'm looking for, I'll go all the way down to 3 minutes. Right now I'm looking at BTC on the 3 minute chart in addition to everything else. I won't make big buys/sells on anything less than hourly but when things are crabbing, the low time frames keep me busy. I rarely do anything past 1 hour though and I probably find most tradeable stuff specifically on those 1 hour and 3 minute time frames.
>target: kys
Funny, on pic related they were saying that yesterday too.

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thanks for the answers user, what sources helped you out the most when you started? and whats the average time frame between your trades

No problem, user. Hit up youtube for quickfingersluc. He's a master of price action trading in crypto and he isn't selling anything. Just makes videos telling people how to trade. Average time, I'd say no more than once every couple of days. Sometimes multiple times a day. They say don't "overtrade" and that's wise advice but crypto moves much faster than traditional markets so even trading daily if the chart calls for it isn't too much.

wait, so you made most your stack during the bear market?

>wait, so you made most your stack during the bear market?
Yes sir. Little known fact is bear markets are easier to trade than bull markets. Think about it. Trading requires volatility. The price has to go up and come down with some regularity so you actually have something to buy and sell. When the bull is running, everybody is just buying. The occasionally selling is fewer and further apart and typically isn't that much. But when the market is crashing, people want to get the fuck out. So they start capitulating all over the place causing huge dips that then get bought up by people who either think they are getting a huge deal or others like me who just wanted to resell it on the next bounce. When the bear is doing its thing in full force with great volume, these things become almost too predictable. The bull is much less predictable. This does require some decent volume and lots of small players though so as the bear market wears on it does get much harder until it just trickles to nothing.
Then another bull starts and it's wash rinse repeat.

so what were you doing when btc spent all that time hovering at around $6k? On some days, you'd be lucky if the price moved 0.5%.

To drive the point home so you know I'm not just talking shit, notice the run up in 2017 on my pic related. It's mostly straight up with few huge drops to take advantage of. But look at the protracted drop on the other side of the peak. It drops then bounces hugely then drops hugely and bounces again. On and on and on. That's where I made my money.
>so what were you doing when btc spent all that time hovering at around $6k? On some days, you'd be lucky if the price moved 0.5%.
Suffering lol. No really I was busy working on my strategy, monk mode and buying/selling tiny bounces. I made a few btc over that time. Like I said, I am long term bullish and the halvening will bring another bull market or at least a slow steady rise. If miners only sell half the coins then there is less down pressure on the price. When it dropped to 6k then 3200 I just waited. Now here we are, first to almost 14k and 10k today and the volatility is here.

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we get it, ur dick is huge

Im long term bullish on BTC as well but started trading 2 months ago and so far have made plenty of mistakes mostly being impatient and I find myself in the red and having no cash to buy this dip but at the same time im learning from every mistake

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Is there a way I can follow your trades? I’ve been bagholding ETH since early 2017 without selling at the top and it has destroyed so many potential gains because I like it more than most other coins

>we get it, ur dick is huge
Lol. I have no illusions. This market can turn on a dime so I just do the best I can with what's in front of me. Nobody has a crystal ball though and if they imply they do, run.
Patience is the majority of this thing. The rest is risk management and striking the right balance between being patient and knowing when it's time to take the plunge. For a while though you'll probably struggle with making a trade, the trade not immediately going your way and you overcorrecting trying to fix it. Best remedy is make a plan before you do anything and srick to that plan. When you've bought what you think is the right amount, don't keep inching up the ante buying little bits more here and there. Wait for the move to play out first. It takes practice.
That I don't. I'm just some guy trading in his house. Maybe someday. I hold some ETH too so we'll both see how it goes.

i take it back, ur dick is massively huge. :O

thumbs up

7k is my actual target already