Let's take a look More (MOREBTC) on Bittrex. This is a beginners tip and example of how you can become a crypto-millionaire in a bull run.
Take a look at the charts above:
- You can see a huge 50% increase in price in just a few hours. - 2800%+ profits potential to last years all time... Just last year. - The cryptocurrency market is a "crazy" place, but this crazy is actually amazing in a way. Lots of opportunity to learn and trade, but there is also huge risk, so be careful before you pay.
This is no trade advice of course but take a look at these charts. These are opportunities in the making.
This is a low volume coin, so people normally run away from these and that can be understandable, but this can be a profit generating opportunity if you know how to approach it.
When going for low volume coins, all you have to do is to diversify and only use money that you can afford to lose. Pretty simple... Wait for the full retrace to be over, put in a very small portion of your capital in and... Wait for the next bull run.
When the next cryptocurrency market bull run comes. It won't matter if you are buying low market cap. or high market cap. coins.
If you are here to make money... You can put in 0.005 btc on this trade. Your risk will be very, very low, yet your potential will always remain great.
Potential earnings example within the cryptocurrency market:
- Bitcoin price for this example: $4,500 (before bull run - 2018 bears wet dream - bulls 2017 impossible target / way above 2018 bottom so far) - 10x for a 0.005 btc buy can generate 0.05 btc. (MOREBTC goes up 1000% for example - see chart above) - When the bull run comes Bitcoin will also go up. - Trade against BTC (MOREBTC) for example. - If Bitcoin goes 3x, then your 0.05 can grow to 0.15. - Bitcoin now at $13500 in this example, can generate $2025. - 0.005 btc @ $4,500 = $22.5. - So $22.5 can generate $2,025. (EASY)
THIS IS JUST AN EXAMPLE OF COURSE, BUT IT SHOWS PRETTY CLEARLY HOW FAST YOUR MONEY CAN GROW.
That's how you can become a crypto-millionaire. You take the small risk, you buy and you wait. In due time, patience will pay.
Namaste.
Comment
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40% higher since posting this thread. My money is increasing easy here.
All trades now have a stop loss. This is a way to stop your loss.
My beginners trades where for long term hold. If a mistake was made, you had the option to hold long term.
monguilhot
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Thanks for that... Inside my list now.
I have some life doubts these days... I have a list of 70 coins that I can buy. Do you think that 50 coins is too mutch to be in the portfolio or is not a problem?
AlanSantana
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@monguilhot, It really depends on your capital and strategy, but it can be done.
JaimeYanez
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Don't remember this one from last cycle. going to seek some entry.
Thx allan! when u have time could u update neo? we reach that cute support from last cycle and is looking good but i just appreciate ur point of view.