But when I finally had 2,000.00 USD saved up, I decided to not wait till I have 4,000.00 to start investing and I've been scalp trading for the last few days with dogecoin.
Just a few minutes ago, I took the 2,000.00 USD that I spent investing and withdrew it and put it back into my bank account. The money I now have in my portfolio on binance.us is now the profit that I'm trading with. ....and my balance is 2,782.87. Yes, that's right. I made 2,782.87 in just a few days by scalp trading on dogecoin! My original 2,000.00 dollars is back in my bank account (well, I have to wait 2 business days before it's OFFICIALLY back in my bank account because of the proccessing time I have to wait)....and now I'm just using my profits to trade with.
This is awesome! Just wanted to post this here and say thank you to everybody who answered my gazillion rookie trader questions. I put the stuff I learned on my own and stuff I learned in this forum to good use! WOOT
Congratulations on your success, it sounds like you did your research and actually took action which is what many people are too afraid to do. A word of warning though, people often assume that they have mastered an activity when it just so happened to be a particularly lucrative time to start. When the market is in a pretty steady upward trend people can think that they are experts and get overconfident. I'm glad you've been sensible enough to take out your initial deposit amount, as that will allow you to refocus just on the amount remaining - rather than losing half your profits and being back at the starting point. I've only used binance a couple times but their platform does seems pretty nice, do you have any tips for reading trends?