One of the finest article I have ever read and I also got quite motivated after reading your story. Right now I am just focusing on larger gains of over 10% every day and haven't realized that we can make really huge sum after 2 years by just starting with $1000 with 1% daily profit.
I also think 1% per day is quite possible with almost every alts with good daily trading volume. Thanks for the article, I will subscribe you.
I also think 1% per day is quite possible with almost every alts with good daily trading volume. Thanks for the article, I will subscribe you.
If you only aim for 1% profit dont you loose most of it in trading fees ?
Poloniex charge 0.25% plus if you then transfer to another exchange you loose another few %.
So realistically you would only make 0.5 to 0.7%
Is that correct ? I can’t seem to see how this works.
Thanks
BUMP...
This is where I'm confused as well. Measuring the rise and fall of your overall BTC holding and aiming for 1% increase each day is fine and, as you say, could be a lucrative strategy... but surely you need to make more than 1% per day to make up for the BTC you lose transferring ALTs to and from BTC??
D