Bitcoin Forum

Hey guys,

I have been trading in bittrex a few months with a very small initial deposit.

Take a look in my Trade History: https://pt.scribd.com/document/380229062/bitcointalk-org-trade-history-marciks-bittrex-deleted (https://pt.scribd.com/document/380229062/bitcointalk-org-trade-history-marciks-bittrex-deleted)

I started with almost 100K sats, got pumped in that time which gave me a big ROI, but with no techniques it was pure luck..

I went from 320k to nearly 70k and got very sad because of that, but a friend of mine called Xandi told me to keep trading and don't stop..
So I started again!

After Xandi's advice I started to use a technique that I learned when I was studying forex with some modifications and I finally started to profit consistently

* My balance went from 69k to 260k (actual balance) in day trading
* Some times the order of the trades get divided, just sum it !
* Xandi gave me 35k when I was in 215K
* I'm not trading every day because I'm studying lel

I think it is good ,but could be nothing as well... I would like to know from you:

- What do you think about this result? I know that it is a very small amount of money, but I want to elevate it to an entire btc (lol)

- Should I change the Exchange that I'm using?

- Would it be a good idea to keep updating my balance history to everyone watch? I will not withdraw any amount of money til I get 5 btcs in that shit..
  I think that Would be cool to make it live using the exchanges APIs, but I don't know how to do this :d

\o/ to the moooon

- edit: Title was changed to make my objectives more clear to everyone

- edit: posts with analysis from random trades:
* https://bitcointalk.org/index.php?topic=4307028.msg38747600#msg38747600 (https://bitcointalk.org/index.php?topic=4307028.msg38747600#msg38747600)

- What do you think about this result? I know that it is a very small amount of money, but I want to elevate it to an entire btc (lol)\
As long you are making profits on your own trading ways then you are definitely doing fine since not all people can easily make profits with trading.

- Should I change the Exchange that I'm using?
Any exchange would be used doesnt matter since it doesnt affect on how for you to be profitable,it always matter with your skills.

- Would it be a good idea to keep updating my balance history to everyone watch? I will not withdraw any amount of money til I get 5 btcs in that shit..
  I think that Would be cool to make it live using the exchanges APIs, but I don't know how to do this :d

I know that you are getting pumped up but always remember on the risk and stay on the path and dont get greedy when you are profiting.

I think if you make enough gain for you, don't increase the risks while trying to increase your profits because making regular gains in trading is very difficult, try to be consistent.

It is good to see your trading profit. And hope you get to your 5 BTC goal soon.

Bittrex volume has been going down lately, perhaps Binance will be a better place to trade with higher volume.

Nice trading profit, but why do you have to change the exchange after you using it to achieve your aim. You already familiar with the exchange and if there isn't any trouble in withdrawal delays and other security issues, then hold it there.

The best friend of all traders is trading plan. If you have one just follow it.You said you have been on consistent profit after gigging your strategy. Keep to it and do not get greedy.

Exactly! I'm pretty good with bittrex but the problem is that their volume is very small lately as shirackjs pointed..

The good news is that the growth is exponential \o/ let's see what happens

That's good tho. But be careful sometimes coz not all traders do the same as your trades. I hope you are having fun and don't forget to take profit whenever you gain profit and hoping that you'll get 5 btc atleast. I'll keep an eye on this thread for upcoming post  :D

HAHA thanks man! I will update the trade history every 100k profit

Hope you got the good answer for your thread I guess. Whenever there is a profit on good coin keep your share on that coin for some weeks until the big dump on the market for the same coin.
If you get the 100k profit means we all will be happy about it mate.

The solution to your problem would be to diversify your capital into 2 exchanges by the time that it reaches 1 million and 300k satoshi, just transfer a little from it and start using another exchange that has a similar user interface with bittrex. Here is a list of good alternative exchanges (https://coinsutra.com/bittrex-alternatives-exchanges-similar-bittrex/) that would help you choose the next exchange you will use besides bittrex. Those alternative exchanges somehow got a nice volume and might solve your problem.

With your starting amount, its good for you that you have made your capital doubled and I am assuming you are a newbie. Whatever your strategy that your friend taught to you, keep using it.

There is no need to change your exchange although bittrex has one of the highest fees in trading exchanges. Because of this, I transferred from bittrex to binance. Lower fees and higher volume.

It depends on you if you want to do it.

You need to change your subject title then lols. You are not trading everyday but your title is "day trading". :D

I'm newbie in the crypto world but not in trading.. The technique that I'm using I am still mastering, but it was a combination of what I learned in forex and many observations in the crypto markets.. and yeah, I will keep using it for sure!

I don't know why but binance makes me remember MT. Gox... I'm considering to migrate from bittrex to them tho

I'm not confident enough to abandon my studies for trading besides I don't have enough money to invest

And yeah hahah I was saying day trade because I will not hold a coin for weeks but what you said make sense XD

Thanks dude! It's hard for me to hold a coin for weeks, but I keep an eye in the historical records trying to avoid these big dumps that you said! It's pure technical analysis \o/

Just bought Verge (XVG) aiming 3% and I will leave the trade if it reaches 529

You've changed the thread title already, but still it is somehow misleading or atleast for me because I thought you already got 5BTC from 69k satoshis.  ;D

Anyway, you can gain from day trading, but for small deposit it would really take time before you accomplish your goal. I'm not saying that it is impossible tho. Advantage if you can go with the flow when the market is active.

Good for that guy mate, we must be happy for him since that's really a lucky day for him. Anyway we have freedom talks here we don't argue with such stories, but having that huge profit though day trading wasn't possible unless you're a whale. For those small fish I think long term trading is the 100% probability to acquire that 5BTC profit.

Yeah, the big problem is that my starting bankroll is very small xD but it also makes the whole thing a lot crazier!

I tryied to avoid a misleading title.. Could you recommend me a better title since I'm trying to reach 5 BTCs? many thanks!

I see that you have maturated this result by the way of trading for one year during the most exciting year in crypto ever. Of course you did well - for sure others have lost all their money instead, but the abnormal growth of the whole sector in this year has undoubtfully helped you a lot.

Day trading is a technique where you can quickly win or loose a big amount of money.
It would be nice if you keep this thread updated with your progress and maybe which trades you will make or have made. I would recommend to also take some profit if you reach a certain amount. Good luck!

You are totally right. I choose to trade in falling coins sometimes trying to get correction points and make profit in these kind of markets just to prove myself that I'm able to profit in it. Some times people will think that they are running well but it is just the market flow.. It is like a trap!

I still think your title is somewhat wrong... Maybe write My Challenge or My goal at the beginning.
After seeing your thread's title I thought that you have already achieved the milestone of 69k sats to 5 btc. Anyway, keep trading until you reach your goal.


I would recommend high volume exchanges for day trading and of course skills matter a lot.

Yes, I'm going to keep it with regular updates. I will also tell about some trades and give some signals.. I will not reveal my strategy tho due to the good edge that it gives to me  :D

Thanks for your advice mate! I think it is better now

https://i.imgur.com/MA1hPsj.png?3

So today I bought XVG at rate of 539 and sold it a few minuts ago for 554 (close to 3% profit)

There was a down trend, but when we look in the charts, it is possible to see a big support zone. It's not a perfect line but an entire zone like a bull defense area. I saw a good entry point because I knew that if the bulls lost this zone it would mean that they were
 in trouble and it could not be a good idea to keep in that trade anymore. It was possible to make a small stop loss as well in the rate of 530 (close to 2% of my balance). Over the day, price went to 550 ,but my objective was at least 15 satoshis of variation so I did HODL hahah. The price did hit my take profit when it was at 554 and I left the trade with 5900 sats in profit. Price went way higher and hit the 575 mark! I would like to trace price with some kind of automated robot and follow it with some decent distance, but I'm not able to make it yet lol The math behind my trade was a good risk management: with a possible loss of 2% against a possible winning of 3% considering the scenario above, chances that price would go up even in the down trend were clear so let's suppose that 75% of the time bulls would win. So 75% of the time in this scenario I would earn at least 3% against 25% of the time I would lose 2%. did you get it? The odds were pretty good at this time.. so even if it was a losing trade, in the long run, I would earn more than lose and this is what matters!

Ask me any doubts!

- edit: almost forgot the proof lol

https://i.imgur.com/05VznQB.png

I think if you have trading skills and can use the right time to buy bitcoin and sell bitcoin then you will be very easy to reach your target.

Having a potential trading is not enough to make 5btc and it is always needed to lot if patience to make that much high profit. So it is not an easy job to make BTC but it always based on the experience we have and has the ability to increase it's price based on your prediction.

Thanks for this example of your work. But next time you could publish it while the the game is still open, so that people could decide if to follow your example or not :)

Hey Moana, I do not recommend anyone to follow any of my trades. Besides that, the topic has other purposes ..

BUT

Sometimes I will post some of my trades just a little after I entered them like I did with the last one..

Take a look:

I'm following your thread to see how good you are in day trading.
If I feel that you have a good day trading knowledge then I may want to partner with you if you allow me to do so.

Let's say I will invest $1000 in Binance (Binance because it has the highest volume now) just to follow your trade signals with entry and exit points.
Whatever profit I will earn per month from your signals will be shared (30%) with you.

Good Luck with your day trading and don't be greedy.

OK,

I'm not confident enough to give people the signals.. We are talking about money!
Proving to people my knowledge is prove it to myself as well!
I will be glad to help you when I get confident enough tho

Let's see what happens.. lol

This market has so much volatility so success in short-term trading proves you are a good trader. I also believe that the market will recover in the next few days and now is the time when investors can choose the right coin to buy.

Thanks dude. Hope that bitcoin reach 10k mark again.. I would like to dedicate myself to full time day trading, but I'm too scared to do that  :D

Yesterday I made 3k in profit in a extreme bear market.. I will post a signal today.. So keep tuned!

* my signal could fail and result in money loss. So do not blame me for YOUR actions.

Bought nexus NXS at 33305

Really people wants an easy money by following signals so yeah they shouldn't blame you if things goes wrong. Well I can say I'm impress with your profit like it's that big but I'm pretty sure eventually it grows significantly and achieving your desire amount. And thinking in a bear market you still profit good oh well that's a good job after all. Gonna follow this thread, for sure.

Just locked in profit.. If price go below than 33900 I will sell it \o/

Yay!

I hope you find something useful that you did not know in here  ;)

Left trade at 33949

edit

I think it will be going up, but for now it is enough

I will be posting ALL my entry points and exit points until I reach 300K

After that, the trade history will be updated..

Made 4k in last trade \o/

Edit - Actual Balance: 0.00272125

Bought decred at 0.01240~ High RISK TRADE

Left the trade at 0.01263399

It was risky because I was risking 10K .. :o

BUT

Got 3k in profit.. I was not in the best situation in this specific trade..

An unexpected behaviour made my stop loss go way far than I would like... I was studying while looking at chart numbers and a few seconds of distraction were enought to lose the correct timing... I wanted to sell at 0.01280 (price went over 1300 LOL). Sudden BULL Assault hahah I'm ok for now..

I will post new entry points tomorrow

Market is very saturated right now.. most of the 200+ vol coins on bittrex had an increase in their value..

I'm waiting for now, but there is something interesting:

https://i.imgur.com/WtBkYx6.png

The green arrow is a possible entry point.
Waves went up with the other coins. It was in a down trend and now is making Higher Highs which could be a trend reversal..
or
It just followed the overall market flow and will keep falling again.. I will not risk too much in case I enter the trade tomorrow...

It seems your technique is very similiar to what most people trade on Forexfactory forum. I think it was the Price is everything thread.

Either way it will be very difficult going from 69K Sats to 5 BTC. Especially since on Bittrex there is no leverage.

I don't think the best traders in the world would be even able to do that.

You should try Bitmex and use their 100x leverage. So your 69K would be multiplied by 100x and you would make profit much faster, however if you don't know what you are doing then you will get margin called.

So be careful and good luck.

I do not believe in what I just read. Being a successful person, you are such a great person. I have looked through your transactions and in that very little of the trading failed. You usually cut the hole before it goes down and you make a lot of money from the lesser known Altcoins.

From 69k to 500m satoshi!!!Good luck to you my freind.
I hope you hit that target soon..

I suggest you look for an exchange that have lower trading fees,itll help you save a lot of btcs when you are doing quick trade.
And you dont need to update everyone about the progress of your trade,You just have to hit your target for yourself..

Thanks!

I spent uncountable hours seeking the holy grail, I did search for everything that could help me to make easy money.
I even tried tons of robots (AI included) with no success. I used to train my trading skills in the FXBlue trading simulator which gave me some experience.

I did learn from lots of threads. The most useful was "Ratios & Harmonics: a Different Way to Trade" by Damian Castilla (Mr. Pip)
There is no need of indicators, price will give almost everything you need

The leverage is a double-edged sword.. If I use it I will probably get margin called :D So I will keep slow, but consistently!
But it was a good advice. I really could use it as a speeding up factor increasing the risk

;D

Thank you!

I usualy aim 3% and sometimes I cut losses at 1% I have to improve it but with time it will be better :D

I should search for every coin that I buy cause it would increase my overall knowledge about crypto.. but I'm too lazy hahah
I just pick the big volume ones with in a specific day

Thanks Gwapoman

I will probably move to binance when I hit 300K and yeah! I'm just trying to put some pressure in my self because of my scary level, it is too high xD

I need to be stronger with a better mind set

Trying to buy 0x Protocol (ZRX) at 0.00016645 but it's pretty hard :d price will have some trouble to fall through this zone

All right, got my order filled.. I might leave trade if price fall below 16250

edit - It is not one of the best spots but I have no time to search all over the markets :d

Novice trader: "OMG OMG OMG OMG OMG PRICE IS CLOSE TO 16515 IMA SELLLLL OMOMGOMGOMGMOG"

Skilled trader: "Hah, all right.. let's watch this fight  8) (bears vs bulls)"

I'm still in! But a little worried about staying at night time in this trade...

-edit ok, I will hold for this night..  ???

Left trade at 0.00017091..risk ratio was 1 : 0.7 price went over 17600 at night hahaha but i was sleepping lol we just need more 19k to reach 300k..

Stay tuned!

Planning to buy some nexus again... I will probably buy something in a few minuts

-edit all right, bought nexus at 0.00032990

-edit2 due to market unexpected behavior I did left the operation

You are very, very enthusiastic and if you want to share your results and be the member of bitcointalk, then don't bump your thread more than once in 24 hour or you'll get banned. It's clearly against the rules (you broke rules many times).
Btw your aim seems impossible for me, sorry mate but that's reality. Maybe this will give you more power to continue challange but...  :-\

I think if you make enough gain for you, don't increase the risks while trying to increase your profits because making regular gains in trading is very difficult, try to be consistent.

This is great. I personally, and I think same for many here am afraid to trade at all, al I can do is to sell bounty tokens :)

I did lost some money.. Left early from the waves trade and did not profit too much. my balance is at 265k ~ made a mistake when trading using tab trader. Bought a coin with less than 10btc vol (tab trader does not show coins volume) which means that it could be highly manipulated.. I just entered waves again aiming 57K~ I will not be posting any trade status anymore because of the forum rules.. Lets get this 300k soooon [overall markets trend is downside.. I should not be trading right now but I saw a pretty good spot.]

Theres no wrong from dreaming so just keep sleeping and dreams will always come true.
And besides you only have a cheap capital so why not try for experiments if you succeed then you will be rich,but if you fail then its only the time you spend is your loss

But try to diversify if your capital grow dont just focus in single coin for safety and security

I don't choose Bittrex to do my activity in many purposes but mostly I like your strategy. Need patience and practice to do your method but I have different style. I use trading with long term period because day trading is difficult for me and I lost almost 30% my money because using this method. I can't choose your strategy but I like your day trading strategy, really.

It is not so easy to make good profit through trading, so the goal to reach 5 BTC will be not so easy. Average trader in daily trading makes good profit with time and experience, otherwise it is just one time profit.  ;D

I always appreciated your efforts and I always encouraged you.
But the challenge you picked will not be an easy thing to achieve, because it has a long distance (69k sats to 5btc).
I will not say it is impossible, in my opinion nothing is impossible, but here time matters a lot. After some time you will start feeling bored. Maybe, you need 5 years from now to reach your goal.  ::)

It seems to me that you have some good techniques and I also feel that you will do better if you have good capital.
So why don't you stop this temporarily and start earning some money by doing other tasks and later start your challenge with much bigger capital, such as 0.1 btc?
Time is money, so you have to utilize your time properly and do everything on right time..

This is my suggestion, rest on you!

the title of this thread was very challenging but this is hard task to do so even almost near to impossible because crypto trading results were very unpredictable although you were trade the coin which have high volume support but there is no guarantee you will always get profit however your techniques method was very interesting that this is first time i heard there is people who use forex techniques for crypto trading

I just have to double up my money 13 times xD


Thanks man, hope you succeed in your long term trading.. I think that nano is going to suppress lots of coins in the long term.. their project is one of the best

You are right. My trade history is here to keep track of my consistent gains... I don't want to think it was all luck.. I won't make any self sabotage lol


Hey akamit, I really appreciate your comments. You are totally right! I made a topic asking people advices about how I could make money for trading...
Some things came up:

A loan - It would be cool but very risky because I would fear losses more than I would like.. if a catastrophic event happened and I lose my money it would severely injure my financial life.. I will not take this kind of risk due to lack of experience I guess.

Invest someone elses money - well.. 2 people asked me to invest their money but I don't know how I could make it .. I dont know which kind of programs to make slave accounts connect to main account and send signals lol. I think that if I start to invest someone elses money, I will limit their investment in 100$.. trading more than that for others would make me crazy. If I had the knowledge I would start this, like a micro Hedge fund.

Earn Tokens - This one was the most eficiente way. I just have to earn enough merits but will take time.

Save money and invest - I live in brazil, I don't earn too much in my job actually.. Can't cut any spendings because these are essential things.. If I save a small portion, I would take ages til I get 0.1btc

I really would like to have 0.1btc now I will not give up so easely haha I will keep this topic updated as well!

I'm glad that you liked my trading style.. I will make further posts about it so people can learn a little of what I do \o/

Wow! Thats a great experience. I can tell you all the story about going from 0.5 BTC to nothing writen by me myself, lol. Things happen

HAHAH you've made my day

I made my last trade yesterday because I'm studying for a proof.

Next week I will go back to trading hardcore lol

*My actual balance is at 270k sats (last waves trade was a successfull one)

Well.. My cellphone has broken so I will not be able to seek price using tab trader til I fix it
I Was lucky enough to buy ltc last time lol I was travelling and was not in my computer so it was not possible to watch my trade
Luckly, Ltc volatily is pretty small and I din't lost almost no money while I was not in home

sold LTC just now and bought Sia coin at 205

edit - I did fall in a bear trap lol or something else... SC went from 205 to 195 breaking a support line.. the 300k mark is going to wait a little more now

It was a very fast market move.. didn't expect that

Time to really start taking profits out as they come now... it seems you are on the path now for results with your stack, so start withdrawing payments every month to help fund your lifestyle... its important to live too and you've made so much that I would't sweatr taking out 10k everytime you make 15-20k... Its clear you've mastered this and its time to start reaping the rewards. 

Nice job and good luck.

Hey guys, i'm having some trouble.. Missing some things. I will talk about it as soon as I reach to 300k. After this mark I will move to binance and invest some money as akamit said.. It will not be much but enough.. or atleast better than I am now. I will probably make a new thread as well with a more realistic objective like 4.99btcs mark HAHAH

Peace ~

With a refined trading system, smart capital % to position allocation you can literally trade at max leverage and
Never loose. I was able to turn 1.5 btc into 17 btc..

Hello guys.

I'm retired for a while.. since overall markets are pretty bear I will move to another thing.
I invested my satoshis in a Brazilian cryptocurrency. I think it will give me enough money to go back to trading in a near future..
I'm going to lock this thread, but I will come back in another thread when I get enough funds!