Practicing Trading On Poloniex

in #practicing7 years ago

Right now I'm practicing trading on Poloniex. I started with around $3 worth of bitcoin and traded it to Burstcoin. I'm hoping to get good at trading and I'm using this account for practice. So far I think I've made decent trades.

It's very tough because I just sold at 720 satoshi, but now the price is around 780. It wasn't as profitable, but it still is profitable. Now I'm trying to see how low I can buy for. I'm having fun with this, but it's tough because I don't get to spend enough time looking at the markets.

I work for 8 hours Monday through Friday so I only have a few hours a day and then I have the weekend. I'm hoping to do good and will also educate myself further.

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Goodluck man, looking to become a decent trader too!

Thats amazing, Im a forex trader myself, but trade currencies instead of cryptocurrencies..
You're doing great. I'm a full time trader, but I dont trade the whole day either, if you find your best times to trade when you get from work you can have a lot of fun!
Best of luck to you :)

nice hope its work on you.. and help you

Its really hard to make any money on Polo since its a lot like trading Forex, plus the fees are really high if youre trading with little money. GDAX is a better option if youre trading in USD.

I'm in the same boat. I have been experimenting with Bittrex a little bit don't have time because of my work schedule. I've been devoting most of my weekends to educating myself. It's very exciting.

Looks like you're doing a great job!