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RE: The 12 month millionaire challenge: Can you handle it? ;)

in #cryptotrading7 years ago

Hi Phil! Absolutely, don't get me wrong I've been trading for a long time and ''get rich quick'' is not the way trading goes. while its certainly not the method I would usually go with. We have long term holdings in many crypto's and a nicely diversified portfolio as is. We just decided to have a play with some gains and put the $250 up to give it a go. We tried years ago and failed at month 2 but the difference is, we're looking for unleveraged ICO coins and low priced newly established coins that have a lot of room to grow but not much chance of dying out before they at least double. When we tried this before we were using leveraged equities which give you a very small stop loss and this ultimately wiped us out. Even if a coin takes longer to go than usual we will hold our position and our take profit order. If for example a stock jumps 200% we would only take half position off and hold 50% long term.

Were looking at the Storiqa ICO at the moment ;)

Ill do my best to keep this as exciting as possible, I imagine it will get quite a lot of interest if we can even almost pull this off!

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