Beginning My Trading Venture with $2000
I just purchased $1000 btc and $1000 eth from coinbase to trade with on Poloniex. I have to wait until Wednesday till the funds are available :(.
I will probably do weekly updates.
I figured it would be fun for me and others to see my trading progress. I will only be trading coins that I believe have a good chance at succeeding long term. That way if something I buy crashes in price I can confidently hold it and wait till it goes back up. I may trade a lot in USDT but I haven't decided yet.
As you can see in the phone app blockfolio I also have some other currencies like steem and factom. I have done some experimenting with trading but nothing serious. I play real money online poker as a hobby so I am used to winning and losing money.
Screenshot taken 1/19/2017
List of coins I plan to trade/hold long term
The coins with a * are the ones I definitely want to hold long term at the moment. And the others I am not sure about
*BTC
*ETH
ETC
*FCT
STEEM
ZEC
*XRP
*XMR
*STR
*REP
*MAID
DASH
BTM
LSK
Spend $100 worth of bitcoin with my coinbase signup link and we each get a free $10
https://www.coinbase.com/join/the_reginald
Nice! Do you have any idea what I can do with $2000 capital trading the Forex Market! I had a $1000 account one time and man! I was a rookie then but I was able to double up($2000) in less than 8hrs just watching and scalping lol Big money is fun to play with so hope you enjoy. I now know the power of trading cryptos so, you should do fine. I will have my account up to these figures pretty soon as well ;)
Great job!
Maybe I will try out Forex as well. Are you still using storj?
Haven't yet acquired any Storj. After I found out about 'Burst' I went in that direction. But I still want to invest in Storj so, I will find a way to take some profits I make elsewhere, to acquire Storj.
Yeah, the Forex Market is where it's@ if you wanna make some real fast ca$h! Trust me! With your capital, you can scalp for a couple hundred a day and be good IF your not greedy lol Scalping with 200 X your money(leverage) with your capital is a lot easier than looking for the trade that shoots you to the moon and then you end up either not taking profit b4 the market goes against you or you end up breaking even lol
So I would go with scalping but, to each is own! Here is the platform of choice. Clean, Simple, Professional, Great Support and this platform doesn't deal with 'Lots', just leverage which makes it easier - https://1broker.com/?r=6673
And you may want to consider resizing your pics lol I know how to do it now ;)
Can we resize pics in the steem edit box or do we have to do it elsewhere?
Don't believe so but how I do it is, Open up one of your pics and click on the OPEN tab up top. Now click on PAINT and you will see RESIZE @the top. It will be set to 100 but you will have to change this to your liking. Try out with 40 and go from there. You only need to change the top number and both numbers will automatically change ;)
interesting @the-reginald
good luck man
upvoted , following you now , can't miss your trading blogs :)
Thanks, do you ever trade anything?
Gave you a follow! Good luck on the trading - hopefully you still have a BTC+, enjoy your gains!
I give trading updates on this account now https://steemit.com/life/@th0mas/mistakes-were-made-trading-blog-4
Gave you a follow! Thank you for letting me know of the new account!
Thanks for the follow ol chap
You got it - do you day trade for a living? Work? I'm trying to learn more about the CCs in general, but am a finance graduate and interested in learning more about the applications of all of these CCs.
I just do it as a hobby. Just be aware of the scam coins. You cant go wrong buying xmr and eth. I think fct might get up to $100 or more. xrp and str Im not sure about. I just invest in the coins that seem like a good invention and have good dev teams. Steem is really good for trading but I dont think its wise to hold it in steem power. You also cant go wrong just buying btc and holding long term. I swing trade because making money long term is easy.