I have been trading for 3 weeks now on Poloniex and Bittrex, and have seen huge gains in a total of 12 currencies.
From an initial investment of $350 I now have over $1000. I have been able to do this quickly because I am very focused on the daily peaks and troughs of each currency. The overall pattern is usually up, so long term holding works too, but I am impatient and want to keep the money moving, so most of my investments are for a few days only. My only rule is that I cannot sell at a loss. So if the current price is lower than my buy price, I hold.
Tip of the Day
I bought 200 PIVX yesterday (on the Bittrex exchange) at $0.35 (for $70) and just sold at $0.60 (for $120) which is a profit of $50.
PIVX moves around loads during the day so if you watch for the peaks and troughs, it isn't that hard to make fast gains.
I will move the $120 back in to PIVX when the value drops below $0.40 again.
I am told that it is unusual to see PIVX in the top 20. So I cannot say for sure where it will go from here!
For now the $120 is in Dash which is a little lower than usual and I expect to see it grow by 10% today, at which point I will will move it into Bitcoin...
...because Bitcoin is back to it's usual steady upward movement.
I am very grateful for Steemit, without which I wouldn't be trading at all. The initial $350 was 100% compliments of Steemit.
I have made no fiat currency investments at all as have not had a bank account for over 3 years.
Now I bank with the Crypto Markets!
The picture at the top is my current office at Taman Petanu Eco Neighbourhood, Ubud, Bali.
Happy Trading Folks :)
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