>be economics fag
>read shit about trading
>talk to some people
>watch some videos
>start trading in early may
>make 250% on my investment since with basically no work
>everybody on Jow Forums is talking about how bad everything is right now and how they are losing money left and right
>mfw
Be economics fag
Aaron Harris
Other urls found in this thread:
hackernoon.com
twitter.com
Daniel Cox
advice?
Charles Richardson
Thomas Scott
Okay, here's what I do.
1) Find a coin with mid tier volume, you want enough to be able to execute orders at any time but still low enough that you get big spikes in both directions.
2) Check if the coin has good historical support on drops.
3) Repeat 1 and 2 until you have a whole bunch of promising coins (I have about 25).
4) Set up aletrs/buy orders when those coins drop 10% below the last major support.
5) Buy in and spend between 5-10% of your stack on it.
6) Set up a sell order that will give you the same money back that you've put into that coin.
7) Wait for the sell to trigger.
8) Put the money into something else.
And just like that you'll accumulate a ton of "free" coins all over the place which you then can do other shit with. For example you could wait until one of your free coins moons, sell a bunch and buy back in lower and grow them, or you can cash them out for BTC or USD and invest in something else. And if a coin drops on you who gives a shit, just hold it until you can sell it.
Jaxson Campbell
stop buying shit that's already high, buy it when it's low and sell during bull markets like December/January
Isaac Jackson
>sell during bull markets like December/January
that wont happen again until like 2021. You gotta be smart to make money now
Angel Hall
Congrats bro, you've been trading for less than 2 months and your method/mindset is already better than 90% of Jow Forums.
Leo Nguyen
decent strat in a bear market since everything keeps dropping.
Aaron Rivera
desu, i didn't expect a reply
thanks
I really appreciate it bro
Juan Flores
So what's your strat with the current decline of the major bases?
Retreat to USDT or hold and trade mid coins?