Hello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year 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.
The first week, I made a few mistakes that cost me profit. Being greedy never pays off. These are good lessons for me to learn early on so I am at peace with that.
Now it is time to get back on track and knock off some wins.
After 7 days and 10 trades:
Wins: 5
Loss: 5
Balance: 0.1477 B
USD: $ 1102
There are too many past trades to list here so there is a stats page link with all my trades for this challenge below and in my profile.
Alright, here we go with Day 9 trade #11
I invested all of my current bankroll into PIVX. I bought 568.63 @ 25830 satoshi
Sell target is: 27130 for 5% profit
Stop loss: 24530
Reasons why I choose PIVX:
Indicators are turning up from the floor.
Price support found.
My target price was the prior support.
Good buy support/daily volume ratio.
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.
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.
The first week, I made a few mistakes that cost me profit. Being greedy never pays off. These are good lessons for me to learn early on so I am at peace with that.
Now it is time to get back on track and knock off some wins.
After 7 days and 10 trades:
Wins: 5
Loss: 5
Balance: 0.1477 B
USD: $ 1102
There are too many past trades to list here so there is a stats page link with all my trades for this challenge below and in my profile.
Alright, here we go with Day 9 trade #11
I invested all of my current bankroll into PIVX. I bought 568.63 @ 25830 satoshi
Sell target is: 27130 for 5% profit
Stop loss: 24530
Reasons why I choose PIVX:
Indicators are turning up from the floor.
Price support found.
My target price was the prior support.
Good buy support/daily volume ratio.
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.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
Trade active:
I just realized my indicators where not viewable on the original chart. Sorry.
Trade closed: target reached:
Target crushed! Back on track with a win. Next trade will be later on.
The trade is going well so far. All the indicators continue to rise and so does the price. If you are following me on my journey, remember it is important to spread out your sell targets on low volume coins to prevent resistance. Have a great day!