Put $25k of fiat onto crypto exchange

Thanks for the fees goyim, deposit again any time

Multiply the exchange's minimum trade by 20 so you've got some chances to fuck up, buy that much btc + .001. Have fun.

i have never been charged a fee withdrawing and depositing money from coinbase to my bank account

lol this

also, not getting into crypto is going to be THE worst decision of your life

it's really amazing how you just fucked yourself twice

You did the right thing.

>try day trading for the first time today
>it should be easy, BTC is crashing, I'll just short it
>accidentally go long multiple times in a row
>i had predicted dips correctly, but because I accidentally went long I lose a ton of money
>try to recoup my losses
>make buy or sell orders but chicken out as soon as the price starts going the wrong way
>every time I get scared and panic sell with losses, it suddenly jumps in price immediately after
>when I buy at ATL it drops further, and I get scared and sell with a loss, then it jumps higher than what I bought at
>when I correctly predict something my buy order never goes through and I miss out
>become convinced it's a conspiracy
>end up losing half of my money in a few hours
>hate myself

This was a learning experience. I will not be day trading ever again. You can't predict that shit.

Stick to buying when low and holding for very long periods, it's boring but it works.

Also, fuck all of you.

jesus dude

>i didnt succeed in my first try
>let my emotions control me
>yeah daytrading is a meme fuck this

l o l

Not one person here has made money from it. You are all a bunch of LARPers.

Hahaha

>try day trading for the first time
>Not one person here has made money from it

>I failed so everyone else MUST have failed
>I just jumped into the market blind with no edge, no TA, on the day a symmetric triangle broken down on btc
>day trading is a meme!!!

You are a 14 year old trading $5 and pretending it matters.

Actually made 73 cents on my first day trade (LSK) and $20 today on my second trade (UBQ).

this is on one account.

are you fucking dumb?

you can withdrawl it you faggot

Hope you don't mind losing it all. It's only a matter of time. Might as well withdraw it now and go to a casino.

After getting something stupid like 5000% on Bittrex I tried Nova. 500%. The worst I've done so far is Cryptopia - 130%. I got started in the middle of June. Stay poor.

nope, once you click buy it's gone forever.

lmao. retard. this is my smallest account for daytrading. It began at 300.

That must be tough to think about. You might gain some, you might lose some, but damn... you didn't even have the stones to play the game

He will be loosing money since inflation is at 2% yearly. Saving on a bank slows down the rate your money becomes worthless but does not stop it user.

And it certainly does not give you more money

...

>I'm literally so retarded I went long while trying to short

son there's only 2 options, how did this happen

Can you give a good user some tips guides PDFs links videos? Anything t helps to learn about trade

it took me a year of failure trading chump change before I got any good.
This month I made 250 dollars with a 20 dollar investment. It's small but it's proof I can do this.

go to cryptopicasso's youtube and watch his video on elliot wave / fibonacci retracements. He also has a good video on market cycles that you can look for, I think you can find it pinned on his twitter.

The basic concept of elliot wave is pure fucking gold. Hammer that shit into your head.

ignore the mystical shit he talks about in the beginning, just focus on the technical stuff. it's not difficult at all.

As for more general tips: Use tradingview for charts and focus on the 4hr/1day time frames for overall market direction, and lower 1hr to enter positions.Never fomo.

look up chart patterns on investopedia, but don't get too sucked into them. Remember that patterns need volume for confirmation.

Patterns can 'fail', but if you have an overall view of the market, you should be able to see where things are going. For example, just yesterday we had a symmetric triangle on bitcoin completeing, which could go up or down drastically.

If you had a good view on the market (ie just zoom the fuck out on alts), you'd see that altcoins needed correction from their recent spikes.

The most obvious one was DGB. Received the most attention, went through 3 drives up (ala elliot wave), needed correction.

BTC just happened to be about to make a major move?

Connect the dots there, and you "see the future".

And don't be afraid to cut losses. You just need to put stops under critical points, and buy just above the critical points. For example, I thought DGB was going to double bottom weeks ago at 1700, but it failed, dropped past the critical double bottom point and I immediately cut my losses. This was the day before DGB dropped to 1k sats.

If you feel the urge to cancel your stop loss or something, then your position size is too big for your account. Might be hard to do if you have a tiny account, but if you can't control your emotions, you need to reduce your position size. Practice proper risk management.

Why does he owe taxes??

Where can I get live up the minute news about what's happening to crypto on Aug 1? Watching a bunch of charts with little explanation sounds lame.

Crypto fags will never make as much money as people with real jobs.

you're just too late.
price was mooning because everyone was holding, no one was selling.

the game has changed. we are in a distribution period where holders collect their 20x profits on fresh money.
Everycoin is way overinflated. The way to win now is to take positions, and gtfo fast as you collect profits.

The only moon mission would be another massive buy period like we just had in march. But I don't believe in it. The only real moon mission now is a dollar collapse

when bitcoin hit 2900 a few days ago it triggered another massive influx on coinbase accounts. when they get verified its back to moon city

First we dip to +- $1800 over BCC FUD and 1st of August tho

yes, true.
I believe it's gonna be big zigzag for months.
some strong rallies then it starts bleeding.

we'll move up to 3200-3400, then we bleed back to 2500, repeat

I almost invested in crypto then I remembered how technology never triumphs how the old and stagnant last forever and how the debt ceiling can go on to Infinity. Then I pulled my head out of my ass and bought some Bitcoin and made $180 which I'm going to reinvest and repeat the cycle until I can retire in 5 years hopefully without converting back into worthless Fiat.

if you're poor as shit and live with your parents, sure

So if you put it on an exchange so you brought 25k of Bitcoin. So you did take part and did either lose or make money. Terrible troll is terrible.

Gj you just made out of 25 dollar 20 by only using the fees, real smart

Wow, a good post completely ignored. Good video, thanks for the share.

thank you for this great post user

>I'm such a braindead moron i chose the wrong option when the two are spelled completely different and EVERY SINGLE EXCHANGE COLOR CODES THEM IN CASE YOU'RE ON THE MENTAL LEVEL OF A FUCKING FOUR YEAR OLD

You were too dumb to hold on to that money long anyways LMAO

great post, thanks!

quality content