+80000% Bitcoin Day Trading Challenge 2021 (Up +442% now)

[kotajikikox]

Hello!



I will also reply to questions. Wish me luck!

All the best,
Joel

I will Bring no Question because you already Mentioned that this is a Most Insane Thing i've ever Saw here in forum for my Years engaging  and also i never ever expect a experiment .

I will Bookmark this to all my browser from my Mobile ,Laptop and PC so i won't miss for the whole year checking even if i reformat any of them.

Won't let my self missing this once in a lifetime observation .

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GoodLuck and Hope you'll Find way to gather Good profit here.

[1715652429]

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[yhiaali3]

I wish you all the best in this really difficult challenge, but I do not know if this goal can really be achieved on the ground !!! To raise your account from 100 USD to 80,000 USD in one year I find it difficult to achieve, but it is not impossible in any case, but it will certainly not be easy and you will face many difficulties. Good luck.

[ethereumhunter]

Good luck with your challenge.

With your trading experience for about 4-5 years, I am sure you will achieve your goals from $100 to $80,000 in 2021. I am sure you will make more than your goals. I see that you have a good plan and strategy, especially by knowing how much you should take profit and not trying to chase a bigger profit. Besides that, I see you use stop-loss, which will help you to prevent the big loss.

I am waiting for the next trading result, and I hope your trading time will be smooth.

[winrate.io]

I will also reply to questions. Wish me luck!

All the best,
Joel

I wish you all the best in that endeavour, Joel. I know you want to use compounding to grow your capital base, ploughing back your profit into your trades without withdrawing them. However, my reservation is on the low capital and the 2% profit range you want to indulge on each trade. I believe the percentage is small and will not be the best strategy to grow at the rate you're projecting if you were to meet up the target of $80,000 for the year. Why not allow the profit run and then concentrate on your SL more.

Thank you! Yes, you have a point. There are many different ways to approach it. I have tried the method where I manage the trade actively and moving the stoploss and increasing the target profit. However, I feel like that style is a lot more emotial and time consuming for me.

Let me ask you, did you watch the video where I show the math behind my strategy? If I can have a win rate at 66%, I can actually reach the goal even with 2% trades.

All the best,
Joel

[mrob82]

My only fear during times like this, or maybe fear is a bad word - maybe intrigue, is that with the volatility I am actively managing trades with the wild swings.  You could miss out on a lot of profit if you are closing trades out too early.  Same thing applies to option traders in the stock market.  Let the wins keep running and wait until their are cooling off and setting some type of daily support before exiting.  But too each their own.

Good Luck.  I will definitely be following and subscribing on youtube.

I totally get your fear/intrigue, but I've tried a lot of different strategies over my 4-5 years of day trading, and this is what have worked best for me. I will explain the math behind this decision in future videos as well. Let me ask you, did you watch the video?

All the best,
Joel

Yes, I watched the video and subscribed.  Very interested in watching the process as I have done something similar with options market in the US several times and was successful.  I understand the 2% and not wanting to have to continuously managing the trade throughout the day, but I would still monitor at some point especially in a defined bull/bear market.  I am thinking of doing something similar, but have never traded crypto in a specific day trading model.  I have always been long term or swing trade with crypto.  I just know it will be highly unlikely that I am going to be shorting any crypto during a bull market, recipe for getting annihilated. 

[fahmimajannat]

Its quite tough i think.
100$  is too low for starting with a target of 80k$
But who knows the future except Allah. Hopefully you will achieve your goal.
Best of luck to you. But it can be also none in the end of the year.
So never stop trying. Try your luck.

[ScamViruS]

The challenge is interesting. The challenge you take is not an easy one. However, you have discussed your strategy in detail in the video, which is why everyone has an idea about your capabilities. So I will follow your thread with keen interest and keep an eye on your activities. So that this experience of yours will help us to increase our trading knowledge.

[Lanatsa]

Best things to be done is  on having or setting  up a goal for your own and for this year which  would really result into persevere on what youre trying to achieve.

This isn't something that you can really achieve easily and that what really makes this challenge to be a good motivator to do your best. $100 to 80k?

Sounds impossible due to very small amount of start up but if you done it well  in constant basis then its attainable.Lets see if this one isn't something a fly by night kind
of target or goals  of someone.

[Fredomago]

Best things to be done is  on having or setting  up a goal for your own and for this year which  would really result into persevere on what youre trying to achieve.

This isn't something that you can really achieve easily and that what really makes this challenge to be a good motivator to do your best. $100 to 80k?

Sounds impossible due to very small amount of start up but if you done it well  in constant basis then its attainable.Lets see if this one isn't something a fly by night kind
of target or goals  of someone.

Such target with little investment is really tough, but if you have the right knowledge it's possible to acquire that huge success. Very important is dealing with your research and a good motivation to continue your chase.

Most of the time, failures comes with aggresiveness, things that will interfere with your goals. Emotionless helps you to continue working and not to just throw your position ahead without certainty. You need to always be precise positioning yourself, take each steps with good precautions for a much higher chance of succeeding to this journey.

[passwordnow]

Good luck with the challenge for yourself. I rarely see traders posting their own challenges like this but here you are, posting and trying to get some encouragement from the community and you'll get what you want! Hopefully, you can do it and you'll be rich with that amount that you'll try to beat. But as long as you're profiting even if you're not going to hit the target price that you're about to aim, just do your thing and enjoy the profits in your way.

[winrate.io]

I find it quite amazing after checking your site https://www.winrate.io/?80000-strategy starting from $100 and grows to $64,220 then realized that just a simulation after watching the video, hopefully this works really well for you in reality.
Notice the price movement today, the day's range fluctuates from $32,327 — $37,800. So I assume you have made a good profit so far, waiting for your portfolio in the next week.

Haha! That's funny No we're not there yet! Lets sees how it goes!

good luck: d I am so curious about the results of your challenge, don't forget to share the results of this challenge later

I'm curious too! I will post updates on my Youtube channel so keep an eye there. Will also write here from time to time.

Finally a good and interesting thread on trading experience. Your video is cool man. Merit for this cool introduction, I also followed some challenge users on twitter and honestly I cant help but get inspired by the likes of you. Currently watching the video and really you are good on explaination.

Will also try this sometime. Just subscribed to your channel last night. Seems good to follow and watch your videos, looking forward to result as well.

Thank you man! I'm happy to hear that! Thanks for the subscription, see you in upcoming videos!

[Ridwan Fauzi]

Let see what will happen, I will not say that your target is really high because future market will still give you a profit when bitcoin/altcoin price fall. So, there will be a chance for you to reach your target.

Future market is really suitable for professional trader I guess, it is not suitable for those who just new to trade even for those who still learning how technical analyst is, they will fall if they force themselve to keep trade on future market.

I feel it until now, I just new to trade ans still learn how technical analyst is, until I can buy trading book one per week but it doesn't work. I haven't found a trading system that work for me, I just open the bool again if there is simmiliarity movement on the chart and it is really bad.

[Slow death]

Good luck with the challenge, you will need it!

I still believe that Technical Analysis does not apply to crypto where the market moves much stronger on the news, FUD, etc.

in fact technical analysis applies to the cryptocurrency market as well. if you take some time and look at the bitcoin or ETH chart and then take some time to learn about technical analysis you can see that you can use technical analysis in this cryptocurrency market



I want to follow this challenge and suggest to the creator of the thread that he constantly post his daily or weekly or monthly profits and losses

[ololajulo]

At most from this January we have 12-18 months for both Bitcoin and altcoin parabolic rally if the 4 year cycle will repeat itself. For $80000 from $100, it will be 800x, which might be difficult from one investment in this period either altcoin or bitcoin, however, it is not advisable to invest in only one project because the risk is high for any project and it is very unpredictable. One might need to reconsider his goal and develop a better strategy of investment to achieve certain return.

[winrate.io]

Let see what will happen, I will not say that your target is really high because future market will still give you a profit when bitcoin/altcoin price fall. So, there will be a chance for you to reach your target.

Future market is really suitable for professional trader I guess, it is not suitable for those who just new to trade even for those who still learning how technical analyst is, they will fall if they force themselve to keep trade on future market.

I feel it until now, I just new to trade ans still learn how technical analyst is, until I can buy trading book one per week but it doesn't work. I haven't found a trading system that work for me, I just open the bool again if there is simmiliarity movement on the chart and it is really bad.

Yes, for my strategy, it doesn't really matter if the crypto market is going up, down or sideways since I'm day trading. But of course, it's always easier to trade in an extreme bull market. I think this will be an interesting challenge where we can learn a lot together. Keep an eye on my Youtube channel for the next video.

Good luck with the challenge, you will need it!

I still believe that Technical Analysis does not apply to crypto where the market moves much stronger on the news, FUD, etc.

in fact technical analysis applies to the cryptocurrency market as well. if you take some time and look at the bitcoin or ETH chart and then take some time to learn about technical analysis you can see that you can use technical analysis in this cryptocurrency market



I want to follow this challenge and suggest to the creator of the thread that he constantly post his daily or weekly or monthly profits and losses

Yes, Technical Analysis work in the crypto market as well. However, technical analysis doesn't work 100% of the time of course, but we don't need it to work 100% of the times As long as it can work 66% of the times, we're all good.

I will update the thread here frequently. But I would suggest to keep an eye on my Youtube channel for more information about the challenge.

At most from this January we have 12-18 months for both Bitcoin and altcoin parabolic rally if the 4 year cycle will repeat itself. For $80000 from $100, it will be 800x, which might be difficult from one investment in this period either altcoin or bitcoin, however, it is not advisable to invest in only one project because the risk is high for any project and it is very unpredictable. One might need to reconsider his goal and develop a better strategy of investment to achieve certain return.

Yes, but I will Day Trade, so I will be able to catch the smaller waves as well and I'm also using 15x leverage, so in the theory, I can grow a lot faster than HODLers. But this is a challange, so lets see!

[Peanutswar]

I'm planning to accept this kind of challenge the same value but I will trade with the finance I almost trade just a minimum of 10 USD and a maximum of 30 USD now I would like to try this challenge too by my self but right now I will risk over 100 USD the same with OP just to try but I think I will go for a 15-20 leverage and using technical indicators of

MACD
RSI
BOL

Just wondering OP I hope you will notice this what coin you are trading with? Just BTC pair? Can you whisper some of them? Just a tip too because you already made a lot of trades than me.

[Bitum]

I will follow this thread. You have set ambitious goals, although I don't think you can, but ... nothing is impossible). In any case, good luck, you will need it, I hope this thread is not closed after a month)

[winrate.io]

I'm planning to accept this kind of challenge the same value but I will trade with the finance I almost trade just a minimum of 10 USD and a maximum of 30 USD now I would like to try this challenge too by my self but right now I will risk over 100 USD the same with OP just to try but I think I will go for a 15-20 leverage and using technical indicators of

MACD
RSI
BOL

Just wondering OP I hope you will notice this what coin you are trading with? Just BTC pair? Can you whisper some of them? Just a tip too because you already made a lot of trades than me.

Thats awesome! Have you tried using a 20x leverage in my profit calculator?

I will mainly focus on trading BTC, but sometimes there might be a better opportunity on other coins as well, such as ETH, BCH, LTC. In that case, I will trade these coins as well. But in general I think BTC is a bit easier to trade.

I will follow this thread. You have set ambitious goals, although I don't think you can, but ... nothing is impossible). In any case, good luck, you will need it, I hope this thread is not closed after a month)

Thanks, feel free to follow me on Youtube as well, where I will post updates. Thanks for the good luck

[JooBra]

I put on myself something similar but the margins are smaller. I put 200$ to get to around 3k until end of 2021. I have bookmark this page and we will see what will future bring to us. Good luck.

[Kittygalore]

I wish you all the best in this really difficult challenge, but I do not know if this goal can really be achieved on the ground !!! To raise your account from 100 USD to 80,000 USD in one year I find it difficult to achieve, but it is not impossible in any case, but it will certainly not be easy and you will face many difficulties. Good luck.

It is a difficult challenge, this person should be really confident in his/her skills which is a good thing because being confident with your skills makes you determined and not hesitate to make a decision. I was dumbfounded when I counted the zeros, that is a lot of time to grind your way, I hope that you will succeed. It will be a difficult journey for OP though as the prices are still running rampant.