Made $350K in the last 12 months starting out with $1K.
>Look at markets with volume between 300BTC - 40BTC
>Check markets with a negative 24h change between 5-10%
>Buy ± 5 of the healthy looking ones with a bid of 1% below last trade.
>Set sell order with a 2-4% markup
90% of the time the order is sold within 12 hours. Easy money.
so kind of like a manual scalping strategy. Not bad.
HFT
LOOK GUYS I MADE MONEY IN EXTREME BULL MARKET
I AM VERY SMART
Give an example of a coin you'd do this with now
Are you retarded? He gave you the perfect steps for finding one. Go fucking find one you lazy jackass. This isn't a hard thing to do, he probably does 10 of these trades a day. Stop being helpless
How do you deal with taxes? Don't they kill you?
I just want this guy to back up what he says. Kill yourself bud
what does 'healthy looking' ones mean? not too much volatility in the price over the recent period? or a more qualitative analysis?
did you put your whole portfolio into the trade everytime?
>
>How do you deal with taxes? Don't they kill you?
Taxes dont work like you think they do.
sent you some bitbean enjoy ;)
I have been thinking of trying this when I have more time. Where did you come up with that market cap though? I would think it would need at least 1000BTC but I haven't researched yet.
Yes, finding the right market is extremely smart.
What exchange(s)
Also
>1post by this id
Where is proof? Show portfolio or disregarded as fake news.
There are probably people doing this with super computers for several million dollars profit a month.
Unsurprising.
>its so easy to do thats why im a wagecuck
>Made $350K in the last 12 months starting out with $1K.
The strategy seems good buy I still doubt your figures.
This strategy works until it doesn't. It's not foolproof.
It's hard to keep track because he quotes it in USD.
If he said I started 12 months ago with 2 BTC now I have 150BTC that's more believable.
Are you making $350k per year trading this crypto bull market?
No, I'm making $150k just holding and not doing anything. Furthermore, I don't risk making a dumb trade or just running into "it works until it doesn't" which is inevitable.
>>Buy ± 5 of the healthy looking ones with a bid of 1% below last trade.
What do you mean by this?
>just holding and not doing anything
Now that's a strategy that will weather both bull and bear markets!
I don't doubt OP at all, I follow the same strategy, I've barely been doing this for a month started with $800 and now have $10,000 in crypto.
I do this but at 300 btc volume is too high.
Indeed I've made thousands starting at 2k in a month
I tried it and only $0.20 profit, and that was 12 hours later.
Do you actually calculate percentages or just eyeball it? I'm worried about buying an utterly useless coin
Why would you lie on the Internet
Why would I lie about $10,000?
I calculate everything, I only trade top 50 coins and stay away from the memecoins on yobit.
Idk why would you?
Pic related, it's my holding I'm not lying about
Which coins got you over 1000% in 1 month?
Game
Rlc
Stratis
Xrp
Ltc
how many shares of btc did you buy?
ROFL, this is the oldest trading strategy, i did this shit with robinhood and barchart
there are probably jews* that
you know i didn't believe you, but i went to my bittrex wallet, added up deposits, subtracted withdrawals
>deposits - 5btc
>withdrawals - 8btc
>currently in bittrex - 5btc
I also withdrew into posw, and even after the big correction, i still had doubled my money. this is on top of my 100eth which i bought when it was $18
>mfw I just realized i've made like 20k this past month and a half trading, and another ~8k just holding eth.
Hol up
Made $850 out of $200 in a week. Wish I had more to start with.
Yeah but how do you calculate the 1% below last bidder when it keeps changing?
Like I said I tried this as a test, with a small diference between buy and sell price, but it took 12 hours . I follows OP's steps to find a coin that matchd criteria.
wait, you keep the stock even if it is going down? for the whole year?
i dont believe this, i held a fucking stock for a month and got ten dollars if i dont trade it. anything you make will simply be lost if you hold it. eventually youll be left with whatever you started with.
wow. Impressive user.
congrats on your earnings : )
I started with $150 about a month ago.
Don't feel too bad.
I don't hold, I trade this shit several times a day, my only goal with it is to increase my Btc stash.
you aren't making shit unless the gain is realized
>90% of the time the order is sold within 12 hours. Easy money.
prepare for the worst 12 hours of your life
what site do you use
Polo and bittrex
What percentage do you cut your loss at? You have to have a stop loss set if you're only aiming for 2-4% gains.
I think he means he sets his buy order 1% below the current price so that if the crypto quickly dips his order gets filled at a better price
I aim for higher than 5% profits, happy with 10%
My stop losses vary, but they haven't been triggered yet, I prefer to ride through the sudden daily dumps.
I see.
I cant do this daytrading anyway; both Polo and Kraken arent allowed where I live (New York) so Im just holding a few ETH for the next few years. No daytrading for me.
Good luck to you
What percentage of your portfolio do you use for a single trade?
gemini >< bittrex