$20 to $1,000 Trading Challenge

Hey guys,

Today i decided that i am going to start a trading challenge here on Steemit with the hopes of taking a small initial investment that is affordable for most of us and turning it something a little more substantial.

I want to do this to show that anyone can, with a bit of research and analysis, have a damn good chance of turning an educated "gamble" into a tidy profit in today's crypto market space.
Now i say gamble because frankly it is! and don't let anyone tell you different. The world of cryptocurrency is an extremely volatile one but this doesn't mean you cant make a profit, if your smart about where you put your money and understand this risks.

Now i am a big supporter of cryptocurrency and blockchain technology because of the great leaps in finance, economics, distribution, privacy and transactions in general that this technology promises.

I am in no way adverse to money and hope that i will see a healthy return on my existing investments, but i am not in this for a "quick buck", i am definitely part of the buy and hold long term camp. I believe in this technology and the developers behind it and would rather put my energy into promoting it to help it grow.......... but with all that said i do enjoy a little gamble from time to time and what better way to justify it than making it constructive by way of a challenge blog !

So here's the plan, we start with $20 and our goal is to get a 50x return to end up with $1,000.
I will be doing this using the Bittrex exchange to execute my trades and to keep track of my progress throughout the challenge. I am aiming to post around 2/3 updates a week with my tips and analysis on the trades that i will be making, although this may increase depending on the market and progress of the challenge as the frequency of trades will likely increase as the bankroll grows.

As always your comments and ideas are welcome and i will try to respond to as many questions as i can.

See you at the start line ...