My $1k to $100k Challenge: Day 51 - Trade #51 ADA
Hello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
Current streak of 8 profitable trades in a row.
After 50 days and 49 completed trades:
Wins: 24
Loss: 25
Balance: 0.1726 B
USD: $ 1252
*Some trades may be pending and not yet included in my stats
There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow.
CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge.
If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart.
Alright, here we go with Day 51 trade #51
I invested 0.08 B into ADA. I bought 5606 @ 1427 satoshi
My Sell targets are:
T1: 1499 5% potential profit
T2: 1570 10% potential profit
T3: 1642 15% potential profit
I will sell 50% at target 1. 25% at target 2 and 3.
If target 1 is hit, I will move my SL up to my buy in price.
If target 2 is hit, I will move my SL up to T1.
SL: 1356
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
Current streak of 8 profitable trades in a row.
After 50 days and 49 completed trades:
Wins: 24
Loss: 25
Balance: 0.1726 B
USD: $ 1252
*Some trades may be pending and not yet included in my stats
There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow.
CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge.
If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart.
Alright, here we go with Day 51 trade #51
I invested 0.08 B into ADA. I bought 5606 @ 1427 satoshi
My Sell targets are:
T1: 1499 5% potential profit
T2: 1570 10% potential profit
T3: 1642 15% potential profit
I will sell 50% at target 1. 25% at target 2 and 3.
If target 1 is hit, I will move my SL up to my buy in price.
If target 2 is hit, I will move my SL up to T1.
SL: 1356
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
Trade active:
ADA is up 10 satoshi since I entered this trade. Nice little start.
Trade closed: stop reached:
Loss trade closed
Sept. 5th: Bittrex USD pair lisiting
Sept. 6th: Roadmap update
Sept. 20th: Yoroi wallet release
Sept. 30th: Metaps plus partnership