So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.
I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.
After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...
I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped. I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain. I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains). As I get comfortable with this I will probably try larger investments.
I know I'm very amateurish but it feels good to get better at something yeah?
Anyone had similar experiences in day trading?
I have a experience but my trade was long. I bought NEO at 4.55$ per NEO. Around 150$ NEO.Then I hold NEO for 2 months and finally sold all of my NEO. 60$/NEO And I was very very happy in that time I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.
After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...
I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped. I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain. I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains). As I get comfortable with this I will probably try larger investments.
I know I'm very amateurish but it feels good to get better at something yeah?
Anyone had similar experiences in day trading?
