How I'll be turning 1 Bitcoin into 10 Bitcoins only trading altcoins

in money •  3 years ago  (edited)

small intro...

Hello! I'm a #Bitcoin and #Blockchain enthusiast and I have been in love with this technology since early 2014. For a long time, I only bought Bitcoin and tried to trade it but I was trying to trade Bitcoin while it was going down and after a few foolish trades a lost a little of my first bitcoins and I stopped trading opting to use the Buy and Hold (hoard) strategy.

More or less a year later, I started to look at the #altcoin markets and at that time, some projects that caught my attention and I bought my first altcoin. Then another project and another altcoin, and soon after I was holding not only Bitcoin but also more than 3 altcoins.

At the same time, I felt that I had to learn how to read market #charts and also try to learn the basic concepts of #trading. Thankfully, the internet and youtube saved the day and soon after I was surrounded by knowledge and only limited by time and my own will.

Slowly I started to gather more information and I felt more secure on my decisions, the first profits started to appear, and as usual and inevitable some losses too. At this time I understood a lot better about market behaviors, and the overall "altcoin game" but I still lack emotional strength to deal with all the balance swings.

It took some months of trading in this twirl of emotional states until one day I realized that I was doing my trades based on good #analysis and logic and that emotional state was no longer in command.

Soon after I decided to go FullTime trading and have been doing that for almost 1 year without any regrets.

Today I was thinking about what I really would like to write about and after some failed ideas I realized that I could write a blog about "how I would turn 1 bitcoin into 10 bitcoins doing altcoin trading!" and here we are! At the very beginning of this quest!

On this road ahead, I'll try to explain the best way I can about what I'll do and I'll try to teach some basic technical analysis before choosing an investment. It will be a fun ride and my goal is to show how it can be possible to make money from money.

I'm thinking about starting in one or two days. Until then, do you have any coin you would like to suggest? what projects and/or markets do you like the most?

Leave your comments below and share some love (up votes) if you like this idea / project!

Ch33rs!
BrunoPro


What to expect in the following posts:

  • Choosing markets to invest and technical analysis
  • Setting Buy orders and planning Sell orders
  • Managing the overall balance
  • and many, many trades!

Follow up or useful links:


Read it at: https://steemit.com/trading/@brunopro/what-websites-and-apps-have-i-been-using-on-my-daily-trading


PS: Sorry if my English isn't perfect, I'm Portuguese and I usually don't write a lot in English

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Nice one Bruno, welcome to Steemit. this is a good project and many people will like it I think.

In your post you said:

At the same time, I felt that I had to learn how to read market charts and also try to learn the basic concepts of trading. Thankfully, the internet and youtube saved the day

What would be good is if you post some of those links when you do a chapter on learning the markets.

Thanks
CG

I've updated this post with the link to another article I've posted some days ago.

Very excited about these articles! I like seeing others' strategies when trading alts and need all the help I can get. The things I'd most like to see are technical analysis and strategies for setting buy and sell orders. Any links to articles or tutorials that you've read/seen along the way teaching you to trade successfully would be helpful. Good luck!

AWESOME!! thanks for sharing, I really appreciate it. I do alright, and am trying to take it more seriously... the more knowledge the better.

Cheers man

It seems a little forward to post about how much money you're going to make before you have made it. That being said I wish you luck!

Maybe you didn't understand. The 10 bitcoin is a goal and it's very important to have goals while doing trading. If you have your goal defined then believe it will be easier to reach it! Hope you follow this adventure :)

edit: New links added to main post. Next post will be online soon ;)

Bruno one question, i am new in steemit, how you put the picture in your post? Altcoin you should look for sure at XEM. i am longterm altcoins, have a look at my favorite list if you like http://thecryptolab.com/Invest.html

@brunopro I'm interested in Groestlcoin and Xaurum. What are your thoughts on these? Other than youtube did you take any courses to become a Full time trader? Thanks

I'll check those later, to be honest never did any TA on any of those.
Besides youtube, I've also read a lot of information and still do! No, I haven't taken any courses, although I thought about that and if you're thinking about it, I can point out this project that seems to be good http://www.therationalinvestor.co/ although I haven't tried it out....

I'll check out rational investor, thanks for that. Have a look here at Xaurum

Seeing as you have pinkcoin in that image you have my upvote! Check out my site pinkcoin.ca

is there a way to subscribe here? :)

Click his username and then click on FOLLOW at bthe right top

Interesting blog. Nice to see I'm not the only one who thinks like this. The crypto space brings the biggest group of uneducated investors with it. This group will only grow. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? I found this great website: https://www.coincheckup.com Every single coin can be analysed here based on: the team, the product, advisors, community, the business and the business model and much more. For example: https://www.coincheckup.com/coins/Xaurum#analysis To check Xaurum Detailed analysis