24 Sep
Total return: 103%
Coins: NEOS, SSD
NEOS
NEOS was being accumulated since Monday.. small amounts were being picked up gradually. There wasnt much buy support, so I wasnt too interested in this market at first.
The amount of money going into NEOS began to build up on Tues. So I put in some speculative orders to get in at a price that would be the most beneficial if a rally was to occur.
I could have just bought in at market price, but my gain would have been a little less significant.
Tip: I tend not to set exit targets. I take what the market gives me. You can tell when a rally is decelerating instead of accelerating. Its possible to read market weakness even when prices are still going up and setting new highs. In terms of picking an entry, Its best to just wait until there is literally money just laying in the corner and all you have to do is go over there and pick it up until then, its best to do nothing. You need to shift your focus from worrying about what the market is going to do, to worrying about what you are going to do in response to the market.
SSD
In Crypto, a high Volume dip is something that you cant ignore. No matter what the coin is. If it has been seeing good and sustained volume and suddenly gets dumped down you want to be there to bag all of the cheap coins that you can grab hold of, because there will be a correction.
That is what happened here. I have been loitering around the SSD market for some time now, just tracking price points etc.. the price hadnt been at 1.1K since Monday, so when it dipped into those levels I had to position myself to take advantage.
Tip: My philosophy is try and be profitable every day. Consistency is achievable if you practice day in, day out. But, never be greedy. Its okay to leave some money on the table if you cant get in at a favourable price, let the trade go and start looking for the next trade.
Note: BTC is a buy right now. Pay attention to the price and execute your buys at the low points. Oct - Dec will be very interesting.
Twtter: @Pumper_Ryan follow for daily picks, and updates.
Total return: 103%
Coins: NEOS, SSD
NEOS
NEOS was being accumulated since Monday.. small amounts were being picked up gradually. There wasnt much buy support, so I wasnt too interested in this market at first.
The amount of money going into NEOS began to build up on Tues. So I put in some speculative orders to get in at a price that would be the most beneficial if a rally was to occur.
I could have just bought in at market price, but my gain would have been a little less significant.
Tip: I tend not to set exit targets. I take what the market gives me. You can tell when a rally is decelerating instead of accelerating. Its possible to read market weakness even when prices are still going up and setting new highs. In terms of picking an entry, Its best to just wait until there is literally money just laying in the corner and all you have to do is go over there and pick it up until then, its best to do nothing. You need to shift your focus from worrying about what the market is going to do, to worrying about what you are going to do in response to the market.
SSD
In Crypto, a high Volume dip is something that you cant ignore. No matter what the coin is. If it has been seeing good and sustained volume and suddenly gets dumped down you want to be there to bag all of the cheap coins that you can grab hold of, because there will be a correction.
That is what happened here. I have been loitering around the SSD market for some time now, just tracking price points etc.. the price hadnt been at 1.1K since Monday, so when it dipped into those levels I had to position myself to take advantage.
Tip: My philosophy is try and be profitable every day. Consistency is achievable if you practice day in, day out. But, never be greedy. Its okay to leave some money on the table if you cant get in at a favourable price, let the trade go and start looking for the next trade.
Note: BTC is a buy right now. Pay attention to the price and execute your buys at the low points. Oct - Dec will be very interesting.
Twtter: @Pumper_Ryan follow for daily picks, and updates.