>all you have to do is make 2% per day every day to be a millionaire in a year
>easy money
So I tried this.
>bought ETH a few days ago
>made 2%
>thought wow that went well
>put the money, now 2% higher, back into a buy a few percentage points lower
>now down 24%
Fuck your memes.
no stop loss? good boy
>he actually fell for it
S-s-s-stop l-losses are for n-n-newfags.
LMAO that's a recipe for self ass rape
Buy low user, LOW. Later you can sell when the price is higher if you don't believe in your coin.
>stop loss
>not having iron hands
>inb4 b-b-but repurchase it at the bottom!
>2 percent per day
with how much starting capital?
you r a retard OP, you see an entry, you go all in, close trade when +2%, immediately go all in again if trend is intact or bottom of correction. my best day was 160% so far, fucking faggot 2% lmao
>easy money
how old are you?
with like, $1500, you can literally have like, $11 million if you gain 2.5% a day for 365 days.
just did the math. you need $726 and increase it by 2% every day.
keep in mind that it's utterly impossible. if there was an investment with a rate of growth for that long, fucking everyone would be onto it shortly and it would blow up and crash.
>keep in mind that it's utterly impossible
this is why I love Veeky Forums
> What is market efficiency
Takes too long. Just take $1, go to the casino, put it all on black, then red, then black, then black again, then red, then red, then black, then black, then red, then red, then red, then red AGAIN, then black, then red, then black, then black, then red, then red, then black, then black, and presto! $1 million!
Works every time. Of course, they don't let me play any more.
true no one has ever made 1000x their money in crypto.. it just cant be done
sure if you bought BTC at $4 and sold a few weeks ago, but even that would have taken years and relied on one of the greatest price increases in history.
or are you claiming that a day trader could consistently make 2% profit every day for a year? in which case lol
very easily can be done
you know you can make gains from dumps... right?
then why doesn't everybody do it?
>hmm i wonder
Maybe if you figure it out then you can do it ;)
h-how senpai pls send me an article or link to read about it
yes, exactly!
kek. you fell for it.
Look up pattern trading, algo trading, deep learning, bot trading, and scalping, and general TA.
he's probably referring to short selling, possibly with leverage. however this is literally gambling. and you can't possibly beat the hedge funds and big investment banks.
you might as well become an expert in horses and go to the racetrack.
>all you have to do is go all in on black every day for a couple of weeks to be a billionaire
>easy money
Yeah no one has ever profited from trade bots. Its true you shouldnt even try. Never mind machine learning that stuff is for nerds.
>he never got kicked out of a casino for winning too much
>speculative markets are like roulette
>speculative markets are against a house
>speculative markets are an inanimate object
nigga youre play poker thinkin its blackjack
if it's poker, you need to look around the table and spot who the sucker is.
hint: if you can't spot the sucker, it's you.
playing*** goddamnit
Anyway there are different ways to play crypto. I look at some alts and there like a million bots and they are trying to trick people into buying at certain times and shit like that.
And you guys are neglecting the easiest way to make money off crypto which is making your own form of it and then spamming threads on Veeky Forums and reddit to shill it. Throw in a minecraft server and promises for links to steam and the gaming industry and shit like that and youre a fucking millionaire 24x over. People are literally so dumb and easy to trick.
day trading is more like backgammon, I'd say
>implying i cant spot the sucker
Its the guy buying my sell orders 2% (actually 5) above what i paid for them.
>and you can't possibly beat the hedge funds and big investment banks
lmao they only say this so you dont cut into their profits
just like the casinos. "the house always wins," lol.
Half a percent gains every day, can turn one Bitcoin into 6 in less than a year.
I will do this.
Good motivation, but just know that you must be smarter than a certain percentage of people, although I dont know exactly what it is. In poker you only need to win something like once out of every 8 times you play to make money depending on the buy in and pot size and whether second place gets to keep their money.
Here is the thing though, half a percent is only double the fees on most exchanges, like bittrex. Bittrex and Yobit both take a quarter of a percent every trade.
And also I really cannot recommend enough to try to learn from the people making bots. They are the best day traders in the world and the guys actually making money doing this, but its not impossible for a lone wolf to make some dosh manually but I think once you try it and realize whats really going on that having some programming skills would make it much easier and more profitable.
I used to be in a Bot discord server made by someone on biz but they kicked me for inactivity and I am super butthurt. Once I have enough time to look into making a bot again I am going to make a thread asking for whoever is still in the server to send me a link.