Quote from: shamzblueworld on July 12, 2017, 08:53:58 AM

Quote from: cryptme on July 12, 2017, 03:34:27 AM

Quote from: bleym2012 on July 12, 2017, 02:42:52 AM

Is it possible to turn 25$ to 5000$ trading cryptos for 6 months?

Hell Yes!

I started with 19.16 USD deposit on 27.05.2016
I'm way-way past the 5000 limit.
If you take any advice from me here is my shortlist:
-trade for small profits. 3% earning on a transaction is good. Make that 79 times and you just have 10 times more money.
-small orders. Split your investment on at least 10 coins, put small orders, they will get executed a lot faster than bigger ones.
-trade without feelings. Don't attach to some coins that might go to the moon, stick with the earth and bring a small profit hour-by-hour, day-by-day.
-learn to loose. Sometimes you get it wrong, it is OK, market recovers, coins get pumped, time will save you.
-no ICO-s. When you enter in an ICO, you'll lock your coins for a time (technical errors, audits, token emission, exchange listing, bla bla). With small amounts it's not worth participating.

When you get to 5000 you'll need to change your trading strategy, but until than you'll get wiser and experinced.

Good luck with your trading!

These are some excellent tips, can you share with which coins did you made the most profit in your journey so far?
Also how do you do when your investment goes negative 10%, do you still sell and try to recover with other trades or do you wait for the it to give you profit?

Hi!
As I was a newbie and had no market knowledge, i tried a lot of strategies. I had learnt very fast that I know nothing about market movements, hence i cannot profit. Poloniex was/is a game for big guys with big money/big knowledge.
So i discovered Yobit where there is a lot of price gap between buy/sell orders, so playing with small amount got me very far. I traded every shitcoin in existence, never more than 0.005 btc / shitcoin.
After learning some of trading I moved to Polo and my best profit came with SC (buying since 25 sat) and SYS (buying from 850 sat). At this point I had to go long on them my crypto time was limited.
I still have sell orders older than 6 months, someday the will be executed, if not ... well i lost them, but made a lot of profit on others, so it is OK.

I do not sell, even if it drops 50% like ETH now. As I'm just not good enough to make a market prediction, I do not know if tomorrow will go up/down and how much.
I believe in crypto markets so I hope the market will save me.
I started with 19.16 USD so anything above it is heaven.