Finally Finally Finally
Financial freedom is here. I had a dream that crypto currencies is now accepted all over. How cool is that. That was a dream though. Here let me share with you how i day trade alt coins.
Today many of us wish we had bought about 100 bitcoins back in 2009 when it was dead cheap. Personally i believe there are still lots of opportunities with these alt coins. Today an alt coin maybe $10. It is worth nothing compared to the master bitcoin which today is at $2680 per bitcoin.
A big shout out to Crypto Trading Pro, Suppoman Udemy , HighOnCoins on youtube, respect bros and thanks for all the videos.
If you are not yet into crypto currency, then you are missing out on alot of fun. Get $5 today and get into day trading. It is fun and you might eventually like it.
****As a disclaimer this is not a financial advice and i urge everyone to do their research on alt coins before investing.
Also invest what you are willing to loose.
A couple of weeks ago i invested $500 worth of BTC into Bittrex, and started day trading.
Here are my few steps into how i day trade and it has worked for me personally.
I only day trade coins that are less than $5.
When I am in a trade, I spend all my time watching the candlesticks go up and down. It is so much fun to watch hahahaah.
To determine when to get into a trade and when to exit is hard to predict as such here is what i do; I get in as soon notice a coin has great volume and the movement upward is noticeable. BOOOM I get in.
I day trade about 10 different alt coins daily.
I BUY LOW AND SELL HIGH. Again BUY LOW,SELL HIGH. FINALLY BUY LOW AND SELL HIGH.
Trade 10-20 volatile alt coins everyday, as long as you are buying low and selling high you are making little gains that eventualy add uo at the end of the day. Making money in a FUN way.
There is nothing special about day trading alt coins. BUY LOW SELL HIGH, BOOM CHAKALAKA!!
For buying and holding either for short term or long term is a much more difficult one as the choice of coin you decide to buy and hold should have a really good, I mean a really really good project.
Day trading alt coins is so much FUN. Try it some time.
My tip for this article. If you want to do something, give in your all into it.
Follow u!
thnks
I love your spirit! Can wait to read more :)
How much were you using at one time for your trades?
How much money are you playing with?i feel you need a substantial amount if money for day trading to be possible. Any recomendations?