Update # 12 | My Goal To Reach 100K By Trading Cryptos | Getting Very Close
Despite the 2 major corrections we've had in late May and last week, the portfolio has been on the uptrend. I am getting very closed to my goal of 100K. Below are some of the simple rules I have and I will continue to stick to them
- Buy the dips of quality coins
- Sell half after reaching 100% return, I call these positions FREE RIDE
- Repeat the process
Below are some of my FREE RIDE positions, as you can see they can still run even after 100%
If we get another leg up this week, I am expecting to easily break the 100K barrier. I think Ripple, NEM, STR will be the catalyst.
Current Long Positions:
ETH
LTC
XRP
NEM
PIVX
STR
NAV
SC
UBIQ
DOGE
GNT
FREE RIDE Positions:
WAVES
NAV
BTS
CLOAK
Current Account Balance in USD ( as of 6/18/2017 ) :
~$93,725
Upvoted!
well done cAptain ! sounds like you've got a plan.. one question.. are you trading out your profits or mixing it all back in ? ? that's the question and have you considered ground floor investments at ICO ... just thinking out loud as I like your post
I struggled with this early on, you have to sell half the position after reaching 100%. This allows you to reinvest initial capital and you have a free asset that may potentially keep going up. This has worked for me very well.
That's pretty awesome. I tried to make a bitcoin trading bot way back when, I knew bitcoin would eventually become popular but for some stupid reason I sold off the 100 bitcoins I bought for trading for $30 poker money...rofl. Then later I knew ethereum would take off but I never got around to investing... I like your strategy though, I might have to try it once I get some funds =)