My $1k to $100k Challenge - Day 24 Trade #36 - SNM

in #cryptocurrency6 years ago

challenge.png

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.

After 23 days and 34 completed trades:
Wins: 15
Loss: 19
Balance: 0.1593 B
USD: $ 1114
*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 24 trade #36
I invested 0.08 B into WTC -0.80%. I bought 152.84 @ 5234 satoshi
Sell target is: 5500 for 5.08% profit
Suggested Stop loss: 5100

cryptocurrency.png

SNM just had a downtrend breakout on the daily chart. The two previous breakouts yielded 223% and 33% potential profit.

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!

My challenge stats: http://bit.ly/1kto100kchallenge

Sort:  

Excellent article. I learned a lot of interesting and cognitive. I'm screwed up with you, I'll be glad to reciprocal subscription))

Definitely you will lose the end of the year ,because end of 2018 crypto went to dead

Posted using Partiko Android

Congratulations @iamredking! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

The Steem blockchain survived its first virus plague!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.24
TRX 0.22
JST 0.037
BTC 98245.75
ETH 3430.51
USDT 1.00
SBD 3.35