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Author Topic: 365 day 100$ trading challenge. 135% profits in only 35 days!!!!  (Read 25012 times)
QuadsPoker (OP)
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December 24, 2018, 05:10:37 PM
 #21

Well why not? Nothing to lose. I'm going to say you'll succeed but not in your main objective, you'll make some money, assuming you keep to all your stop losses, I'm guessing the 1% skips will ensure you get most days, your only risk (relatively low) is a flash crash but again stops will save you.

So to make this clear, you're always ending the day with fiat value and not crypto? So no open trades every end of day? And therefore, BTC value won't affect your holdings?

If so, then:

- buwaytress
- NO
- $432 

Indeed This one i end Every day with only fiat. Will never have open positions in crypto over night. Next week i also start with a second one and there i Will go for crypto value increasement. But This one is for fiat value increasement

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QuadsPoker (OP)
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December 24, 2018, 05:11:19 PM
 #22

Making 1% in a day looks easy but is this possible to make that 1% everyday repeatedly for 265 days.I will say no for some reasons.But anyway good luck for your challenge.

St4yInTh3D4rk
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~$1500

Thx bro,

Time Will tell 😁

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QuadsPoker (OP)
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December 24, 2018, 05:12:28 PM
 #23

That is a brilliant idea , I would follow the same if that works for you , I just dont think 1% daily is easy to get because of the market's situaition , any way I'd like to give it a try :

Macstrong12
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3200$

Thx for support.

Gonna create a spreadsheet with all participants within next days.

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December 24, 2018, 10:59:25 PM
 #24

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December 25, 2018, 08:42:02 AM
 #25

I see you are only trading bitcoin with tether so far, is that the only plan for the whole year or will you enter altcoin trading too? because based on that the result can be very different. it can be a lot higher than the goal that you have currently set or it can be a lot lower than your current balance depending on how capable you are of riding the pump and dump waves in the chaotic altcoin ocean (market)!

this is an encouraging act though, keep it up and good luck.

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December 25, 2018, 08:58:46 AM
 #26

I see you are only trading bitcoin with tether so far, is that the only plan for the whole year or will you enter altcoin trading too? because based on that the result can be very different. it can be a lot higher than the goal that you have currently set or it can be a lot lower than your current balance depending on how capable you are of riding the pump and dump waves in the chaotic altcoin ocean (market)!

this is an encouraging act though, keep it up and good luck.

I believe he mentioned he will be opening a btc account as well so I'm guessing he will start trading alt pairs more frequently. I think the choatic altcoin ocean becomes a whole lot less choatic if your goal is 1% per trade.
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December 25, 2018, 09:48:20 AM
 #27

To reach 1% daily is not too hard in this moment because you can select many coins that can bring you more than 1% so you can get relax after it's reached. So when in day two, you can get let say 4% in a day, then you can have three days to relax Grin and you can come back into the market in day five or six. I am sure that you can do that and you will reach your goals.

Okay, I am in.

- ipanks
- yes
- $4,500

As long as you can stick with USDT, you will be fine, no matter how much bitcoin price will go, you could still buy bitcoin at any price. My advice is don't greedy Wink



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QuadsPoker (OP)
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December 25, 2018, 11:06:42 AM
 #28

Day 3


Trades:

pair: BTC/USDT
entry: 4,064$
exit:   4,116$
Bought: 109.16$ (0.0268BTC)
Sold:     110.30$

pair: XRP/USDT
entry: 0.418$
exit:   0.427$
Bought 110.30$ (263.89XRP)
Sold:    112.68$

pair: XRP/USDT
entry: 0.418$
Exit:  0.422$
Entry: 112.68$  (269.57XRP)
Sold:   113.44$


End balance after 3 days of trading

Starting capital 100$
Balance day 3:  113.44$
Profits:               13.44%



So far so good. After 3 days of trading I am well ahead of my compounding schedule. For day 4 my daily goal is set at day 12 of the compounding model


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QuadsPoker (OP)
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December 25, 2018, 11:08:10 AM
 #29

Merry x-mas everyone. Even if it is christmas I will still screen the market and try to achieve my 1% goal for today.
I will also create a spreadsheet to lock the spots of the participants in the small fun contest. Will post link as soon as I finished the spreadsheet.

Have a nice day everyone!!!

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QuadsPoker (OP)
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December 25, 2018, 11:09:55 AM
 #30

To reach 1% daily is not too hard in this moment because you can select many coins that can bring you more than 1% so you can get relax after it's reached. So when in day two, you can get let say 4% in a day, then you can have three days to relax Grin and you can come back into the market in day five or six. I am sure that you can do that and you will reach your goals.

Okay, I am in.

- ipanks
- yes
- $4,500

As long as you can stick with USDT, you will be fine, no matter how much bitcoin price will go, you could still buy bitcoin at any price. My advice is don't greedy Wink

Thx for the support. However I am not intending to relax. Even if I have a day I reach 4% I will not relax. The intention is to trade 365 days and to reach my 1% daily goal. It will only benefit in the longrun. It can only increase my end amount after the 365 days.

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QuadsPoker (OP)
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December 25, 2018, 11:19:54 AM
 #31

I see you are only trading bitcoin with tether so far, is that the only plan for the whole year or will you enter altcoin trading too? because based on that the result can be very different. it can be a lot higher than the goal that you have currently set or it can be a lot lower than your current balance depending on how capable you are of riding the pump and dump waves in the chaotic altcoin ocean (market)!

this is an encouraging act though, keep it up and good luck.

This challenge is ment to increase my fiat value as high as possible. So I will end every trading day only with USDT USDC or USD. Possibly I will be trading alts as well but the main intention is to grow the fiat value. So at the end of the day I will always close in fiat.

On January 1st I will also do the same with another 100$ but with that I am going to increase my crypto (BTC) value.

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December 25, 2018, 11:24:07 AM
 #32

List for participants in the contest can be checked here. I will also attach the link to the initial post

https://1drv.ms/x/s!AnYAOd-LKvdvgwVcra5bjJKSORs6

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December 25, 2018, 12:32:32 PM
 #33

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December 25, 2018, 01:52:01 PM
 #34

If you're having another account in BTC though, then does that also count? It should just be your starting $100, no? Otherwise you're affected by Bitcoin price and if 2019 sees BTC doubling (not impossible), you gain that much more just by holding. This is a trading challenge though, so let's keep it to your Tether values.

How'd you do in today's Christmas redlines?

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QuadsPoker (OP)
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December 25, 2018, 03:28:09 PM
 #35

If you're having another account in BTC though, then does that also count? It should just be your starting $100, no? Otherwise you're affected by Bitcoin price and if 2019 sees BTC doubling (not impossible), you gain that much more just by holding. This is a trading challenge though, so let's keep it to your Tether values.

How'd you do in today's Christmas redlines?

The other account with btc is separately from this for the challenge. Only the 100$ account will counted in for the challenge. I will open a BTC account with 100$ as well and apply the same strategy but that doesn't count for this thread and challenge.

So this thread will stick to tether value. it is ment to trade 365 days. In the other account next week I will trade as well and that challenge will be to increase the BTC value not the fiat like in this thread

BTW even if it are redlines today, I made a couple profitable trades in the XRP/USDT pair today. Even if the market is red as blood. there are plenty of opportunities daily to grab some nice % profits. XRP/USDT is bouncing already the entire day

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December 25, 2018, 03:38:37 PM
 #36

I think you should make it a bit more clear; I've a feeling that you will reach $3778.02 target AT LEAST ONCE within the time span of 362 days, but will it stay more than that after an exact 362 days? I doubt that. Bull runs come and go, they don't stay forever.

So, will this challenge end right after you reach your target or will it continue till the end of all 362 days?
QuadsPoker (OP)
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December 25, 2018, 05:46:20 PM
 #37

I think you should make it a bit more clear; I've a feeling that you will reach $3778.02 target AT LEAST ONCE within the time span of 362 days, but will it stay more than that after an exact 362 days? I doubt that. Bull runs come and go, they don't stay forever.

So, will this challenge end right after you reach your target or will it continue till the end of all 362 days?

I already stated more than once. Even if the target of 3,778$ is reached earlier I will keep trading for 365 days. And wether there will be a bull run or not it will not have any effect because this portfolio I am not trying to expand my crypto value. I am purely trading to increase my $ value. So even a bull run does not have any effect on my challenge.

If I go to sleep with a 250$ balance when btc is 5k and next day I wake up and BTC went to 10K I will still have the 250$ balance. People must read well. This challenge is all about building fiat value, so I will not hold any crypto.

If I reach the target much sooner, it will stay because I trade for USD. So if for example there is a market crash then I will still have the 3778$ and build further.

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December 25, 2018, 07:04:12 PM
 #38


Alright then, you're NOT going to reach your target! Tongue

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December 25, 2018, 07:19:04 PM
 #39

I will say it is achievable.


Abosede
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QuadsPoker (OP)
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December 26, 2018, 11:18:29 AM
 #40

Day 4


Starting balance: 113.44$
Goal today:            1.12$ profits

Trades

Trade 1:  0.53228$ profits



Trade 2:  0.4231$ profits



Trade 3:  0.8644$ profits



Not much traded today but still reached my daily goal. So I'm happy again

Start balance:                   100$
end balance after 4 days:   114.85$
Estimated profit after 4 days: 4.06%
Actual profit after 4 days:      14.85%

   

So far so good. Many people maybe think, well it goes good but profits aren't huge, how in earth is he going to achieve the 4,778% profit goal. Well I am not worrying. I am running 10 days up front to the actual compounding schedule. The most important is to achieve the 1% daily. The effect of the compounding will start showing much effect in the last 60-90 days. So we are still way from that point, but we will ge there.


Still do not forget to participate in the small attached contest. Estimate the outcome of this challenge and win up to 10% of my end balance at the end of the challenge. Easiest way to make some free money!!!!

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