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

[gabbie2010]

I watched your video on YouTube now and subscribed to it quite insightful and well analyzed, I believed this is a big challenge to us who wanted to start crypto trading to learn, understand and know the rope, I will be interested in watching your weekly analysis and try follow your trading style or strategy and I would like to know the money management you had utilized and how you are compounding your profits so as to achieve your desire target of $8K at the end of the year.

[winrate.io]

I watched your video on YouTube now and subscribed to it quite insightful and well analyzed, I believed this is a big challenge to us who wanted to start crypto trading to learn, understand and know the rope, I will be interested in watching your weekly analysis and try follow your trading style or strategy and I would like to know the money management you had utilized and how you are compounding your profits so as to achieve your desire target of $8K at the end of the year.

Thanks for the support Gabbie! I will keep posting!

[nelson4lov]

I just wanted to stop by and say kudos to OP on his challenge. I watched both your week 1 & 2 videos for the challenge and I can't say interesting it was. One thing I did like was the fact that you were real with your results. I mean, you showed us your losses which one a very few amount (<1%) of PRO traders do. You also admitted going against your rules and other mistakes you made. So raw and I like it.

In the coming weekly updates, I hope you make recordings of the times when you're doing TA for your trades. At least viewers can learn a thing or two TA stuffs. I know a lot of people will appreciate it. Good luck on future trades 

[Coin_trader]

I saw your second part video and it's seems that your trading is suffering more on loss than gain. This is actually what I'm expecting for a leverage trade with x15 leverage. You set a +1% stop loss which is very close when you open a x15 position. The market is very sensitive using that leverage and the chance of hitting your stop loss is almost 99% even the market is on uptrend/downtrend.

You should set your stop loss a bit higher so that you will have a good margin on your trade or decrease your leverage.

[Igebotz]

New weekly update on Youtube live now:
https://youtu.be/4azgMZrgOak

Very interesting topic but after going through your day 1 trading YouTube video i lost interest, you started with x15 leverage and after some few loses you applied panic trading and started trading above initial leverage and skip all your rules in the process going from $100 to $100 that's not encouraging enough. Realistically $100-$80000 challenge won't hit.

[buwaytress]

Very interesting topic but after going through your day 1 trading YouTube video i lost interest, you started with x15 leverage and after some few loses you applied panic trading and started trading above initial leverage and skip all your rules in the process going from $100 to $100 that's not encouraging enough. Realistically $100-$80000 challenge won't hit.

Ditto. Same tired lines from so-called professional traders. I don't mean to be mean but if you're going to sell a strategy (and let's face it, that's what winrate wants to do) then at least do yourself the professional courtesy of sticking to your strategy.

15x leverage WILL incur losses -- you have to know that. But if you're actually using your methods and stick it out, you might see results. But not if you're impatient.

[redsun114]

Honestly it wasn't a shock to see that it was volatile, after all we are talking about going from 100 bucks to 80k, and obviously that is going to take some time in the most extreme cases. When you go for very high risk stuff to make huge amounts of profit, you are risking to lose in a big time, you could lose everything very quickly, and that means in order for you to win, you have to do multiple very high risk stuff back to back without any mistake and that is nearly impossible.

It is not technically speaking impossible, if you could know all the big wins and losses in the directions and act accordingly you could win but who could win it that well all the time without any mistakes with that much risk on the line? Very few people in the world. I say do not give up, keep grinding and eventually you will be in a good position, maybe not 80k but would be decent if you keep this up.

[Igebotz]

Honestly it wasn't a shock to see that it was volatile, after all we are talking about going from 100 bucks to 80k, and obviously that is going to take some time in the most extreme cases. When you go for very high risk stuff to make huge amounts of profit, you are risking to lose in a big time, you could lose everything very quickly, and that means in order for you to win, you have to do multiple very high risk stuff back to back without any mistake and that is nearly impossible.

Exactly my point why the panic trade when you have a whole 365days  to complete your $80k challenge if he can't keep to his own rules of 1-3 hrs a day trading interval then greed has already flown in. I'm waiting for his next trade video

[Question123]

If you are investors of the bitcoin when it first released and you invested to the bitcoin and you are hold it for 10 years and you sell it today you are earned millions of dollars. But now you need to find a very cheap coin that will going to increase the value in the future that will gives you a lot of profit. This challenge is very difficult to achieve but you find what coin it is or you have hardwork you can get that.

[Serious475]

I tried the website and I think this is a good head start as initial information to those people who want to start trading on the part about the winning percentage I think this now depends on the user/trader because we have a different set of feelings, emotions, greed and more and sometimes we didn't follow those set of goals. The winning rates now depend on you. However, this is good content too. Have you set a new challenge what's your current progress?.

[wxa7115]

Honestly it wasn't a shock to see that it was volatile, after all we are talking about going from 100 bucks to 80k, and obviously that is going to take some time in the most extreme cases. When you go for very high risk stuff to make huge amounts of profit, you are risking to lose in a big time, you could lose everything very quickly, and that means in order for you to win, you have to do multiple very high risk stuff back to back without any mistake and that is nearly impossible.

Exactly my point why the panic trade when you have a whole 365days  to complete your $80k challenge if he can't keep to his own rules of 1-3 hrs a day trading interval then greed has already flown in. I'm waiting for his next trade video

I think that another point that is not being mentioned much is the fact that at the beginning trading with just 100 dollars is going to be easier psychologically as if you make a mistake then you are only losing a few dollars, but lets suppose the OP got to half of his goal and he reached the 40k mark, don’t you think it is going to be way harder to trade at that point once you have reached that stage on the challenge?

If the OP is violating his own rules and strategies so early in his experiment what we can expect to happen once a lot of money is at stake?

[Lordhermes]

This challenge is very difficult to achieve but you find what coin it is or you have hardwork you can get that.

One thing about challenge is that the author knows exactly the weak point and will never point it out, possibly, op had been performing that but wouldn't be successful, I have certain different challenges on accumulating huge amount of dollars but you found out the author stopped at some point because it seems to be going as planned.
Best method of increasing portfolio is holding and challenge causes short of coin in the long run.

[JeromeTash]

New weekly update on Youtube live now:
https://youtu.be/4azgMZrgOak

That's interesting, I just watched the second video, and you really risked losing all you had left in your account with high leverages

I usually see certain traders encouraging people not to use the entire balance of their account to open a position even if the leverage used is very low.
Do you think using the entire balance could be affecting your performance?

What if you reach the $20K level, will you still use all the $20k to open a position on a 15x leverage?

[nelson4lov]

I saw your second part video and it's seems that your trading is suffering more on loss than gain. This is actually what I'm expecting for a leverage trade with x15 leverage. You set a +1% stop loss which is very close when you open a x15 position. The market is very sensitive using that leverage and the chance of hitting your stop loss is almost 99% even the market is on uptrend/downtrend.

You should set your stop loss a bit higher so that you will have a good margin on your trade or decrease your leverage.

In my opinion, I feel that he knows what he's doing and it isn't the first time he's managing a trading account so he does know his way around stop losses and how they work. A lot of people have a different opinion about where stop losses should be placed - using percentages or by market structure but at the end of the day, it depends on what works for the individual. As per the latest update, he's back at ~$100. I also want to point out that he made majority of those losses because he didn't follow his own rules.

$100 to $80000 for one year trading....very interesting challenge. I think you should trade very hard daily to reach your goal. Good luck to you OP even it's difficult to predict if you can achieve your goal or not.

Like OP said in one of his videos, he doesn't need to trade daily or even force trades. He just needs a couple of good trades from time to time. Two wins for every loss.

[Reid]

It could be done. But it might take a long time.
Maybe faster in gambling.

So I got bored with the first 10 minutes of the 2nd part and stopped watching. He took a lot of time adjusting the settings in tradingview and tutorials.
Will he trade at the end of the vid? Accepting spoilers.

[ice098]

I believe in you! 100$ is small for big time trader not us, so everytime someone asking how much will you spend opening your account to play it only 100usd, you don't need to use a large amount of you are only new to this. Well Goodluck to op I hope even when he faces some loses and Lose streak he will go and continue his journey using that amount only.But the larger that amount it will be the more chances we will get when we trade.

[winrate.io]

Thanks for the support everyone!

For you who lost faith in me because I had a bumpy start, I understand, 100%.

However, I will not give up, and I expect next update to be in the green.

For me, day trading is all about identifying the weaknesses and correct them. Past week, my psychology was failing on me which lead to me breaking my rules. So the strategy itself is still intact.
Now, lets fix the psychology issue and move on.

[Travel Standard]

Yes its hard but not impossible and good strategies will give you desired Goal.
Win rate is also good and can be achieved. One thing is that you will be active during this time period to get your goal

[elisabetheva]

I believe in you! 100$ is sma for big time trader not us, so everytime someone asking how much will you spend opening your account to play it only 100usd, you don't need to use a large amount of you are only new to this. Well Goodluck to op I hope even when he faces some loses and Lose streak he will go and continue his journey using that amount only.But the larger that amount it will be the more chances we will get when we trade.

Of course it needs to be appreciated if indeed the op will remain consistent by only relying on funds that are $ 100 for every time he wants to step in everything he does. certainly something that is not easy and if it is applicable. If as you say, if on the other hand you get a loss and stay consistent with that amount, of course, it is also worth appreciating.
if he can reap the benefits of this is something that is very encouraging and of course it will continue to grow and the opportunity is still possible to happen continuously.

[justdimin]

It is not about "losing hope" but more about how it is near impossible for someone to get that much rich that easily honestly, and that is the point we are talking about. I mean sure having 80k is nothing in the world of rich people and a lot of people do have 80k+ in the world, not me, not 90%+ of the world but there are a ton of people who do.

However none of them turned 100 bucks into 80k+ and that is the part people are not sure about. Having a second video where you also failed was just a proof that it is a very very difficult thing. Is it 100% impossible? Of course not, it is not possible at all and it would never be possible, however at the end of the day we are talking about having a huuuuuge return and that is why people are having hard time believing you can do it, not because it is you or someone else, it could be anyone ever and we would still have hard time believing this would be possible.