how i made a near 100% profit on DASH in 10 days

allthereisislove (58)in #cryptocurrency • 6 years ago

here is the post from 10 days ago when i posted the buy:

https://steemit.com/cryptocurrency/@allthereisislove/strong-buy-on-steem-ethereum-dash

We quite rankly didn't expect prices to move that fast quite that quickly but wanted to follow up here with the exits of the trades initiated 10 days ago

entries is the easier part in trading even so it requires quite some skills and experience to time them that they are very low risk
or in other words you want to enter and not experience that much heat but get quickly out of the risk zone

DASH performed exceptionally well and as such we just took half of the position off and trailed the rest to a slightly above breakeven stop

entry 10 days ago was

266.80

1st exit was 495 with still a nice probability for further advances for the rest of the position.

here you can see that we bought on the actual low day with prices never seen any decline=very low risk and a stop possibility due to the tipple bottom of very conservative nature
stop was at 259

Ethereum also had its low day at the time of purchase and also moved nicely into the green right away with no heat against our entry price- 280

again our timing shows sensible entry positioning and we won't let this turn into a looser anymore: by having taken off here 50% as well at 312 for a good 10% profit within 10 days to mitigate risk and raise the stop near BE (break even)

Steem also purchased on its low day and advancing 25% instantly as well (I took half off at 1.02)has retraced back to its entry levels-

We added today again to a full position and have a much longer time horizon on this much smaller portfolio position which now allows us for relaxed trading having profited already handsomely from its initial purchase

these three executed trades are merely a real time example of low risk entries and quad exits as a psychologically and risk control method to ensure a smooth equity curve and consistency within ones trading results.

(charts are courtesy of worldcoinindex.com and tradingview.com )

here are some tips in past post of how to acquire the skills of timing trades like this:

Past posts of ours that are trading,finance, crypto or trading/investment/money principles related:

Trading education:

Real time Post Trading execution and exit study:

Crypto:

https://steemit.com/trading/@allthereisislove/best-crypto-exchanges
https://steemit.com/cryptocurrency/@allthereisislove/what-is-cryptocurrencies-mining
https://steemit.com/cryptocurrency/@allthereisislove/bitcoin-exchanges-and-general-info
https://steemit.com/cryptocurrency/@allthereisislove/strong-buy-on-steem-ethereum-dash
https://steemit.com/cryptocurrency/@allthereisislove/how-to-get-started-in-cryptocurrency-investing-trading
https://steemit.com/cryptocurrency/@allthereisislove/where-to-invest-your-usdusdusd-where-crypto-and-blockchain-is-heading

Trading/investment/money principles:

as always
feel free to ask any questions about this or prior posts and thank you for your time
@allthereisislove ... if you follow me-I follow you...

your upvotes are greatly appreciated and may be you even consider following us THANK YOU !!!!!

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#trading #steem #analysis #bitcoin

6 years ago in #cryptocurrency by allthereisislove (58)

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iliasdiamantis (67) 6 years ago

well played

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allthereisislove (58) 6 years ago

thank you so much-means a lot to me coming from you

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cryptowarrior88 (59) 6 years ago

Congratulations! Yeah I saw the DASH rise but I am a DASH HODLer but I sold a few to rebuy at a lower price. Its great you capitalized on DASH while people's minds are still on the BTC-BCH war. :)

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allthereisislove (58) 6 years ago

thank you so much for taking the time to read my post-truly grateful !!!!!!!!!!!

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denizalpp (36) 6 years ago

Thank you for your time bro. Upvoted

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allthereisislove (58) 6 years ago

am truly thankful-feel free anytime to ask any questions about any of my content-wish you a fantastic day

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denizalpp (36) 6 years ago

You're welcome bro. We should stay in contact :)

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allthereisislove (58) 6 years ago

I'd be delighted-thanks so much for caring

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alegru (34) 6 years ago

Man, i sold to early! But nice run!

Are you on investfeed??
u can add me there:
https://www.investfeed.com/Alegru/overview

good trading

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allthereisislove (58) 6 years ago

everyone sells to early-me as well-as long as you have more winning than loosing trades and are consistent ya good-thanks so much for your reply-wish you prosper trading for next week -will check investfeed out

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mehedi118 (56) 6 years ago

Very informative post by the way.

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allthereisislove (58) 6 years ago

thank you so much for appreciating my work-trying my best to share principle based findings to create value for the ones reading my posts-wish you a delightful week

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theganeshuprety (27) 6 years ago

thanks for the post.

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allthereisislove (58) 6 years ago

thank you for taking the time reading it-it is much appreciated

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danyelk (69) 6 years ago

Nice run I am mining Dash and yes I made a good profit as well yesterday :)))

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allthereisislove (58) 6 years ago

ah glad to hear it-congratulations-was trying some scalping in bitfinex as well but VPN channel slows connections down to much

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bikash-tutor (57) 6 years ago

Good work. stay connected with @bikash-tutor and @face2face.

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allthereisislove (58) 6 years ago

thank you very much for taking the time and your delightful comment-will give your posts some further investigation-keep up the good work

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buildawhale (74) 6 years ago

This post has received a 0.60 % upvote from @buildawhale thanks to: @allthereisislove. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.

To support our daily curation initiative, please vote on my owner, @themarkymark, as a Steem Witness

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allthereisislove (58) 6 years ago

really appreciate it-thank you

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how i made a near 100% profit on DASH in 10 days

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