My first success story trading crypto

[maydna]

Congratulations @OP. If you can rinse and repeat the process, I am sure you will make another profit. You don't have to just focus on Dogecoin because, in Binance, you have many options for the coin, but you need to analyze it one by one to find the right coin. Well, I hope this story can motivate us, including me, to try the best to profit as the @OP did.

We must use this moment to search for profit while the market still good to trade. And no matter what trading way you use, make sure you analyze before decide to buy the coin because that will determine if you buy the right coin or not.

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[akirasendo17]

That is a good strategy, keeping your original investment and use the profit is a good way to start, which means you will not be able to touch that money instead use the profit to increase your savings, by withdrawing and keep it in your bank, I also use this kind of strategy although a bit risky, but you have to take the risk to make profit sometimes, you have to be careful next time, it might not the result you wanted.

[Desmong]

Very nice of you man. It means your strategy is really working perfectly cos what makes you to make such amount of profit seems ok. But to be sincere with you, the way you explain your achievement look somehow very  simple making it look like trading is quite easy and more easy to make exorbitant amount of money from the market making it  looks contrary from the normal aches one pass through when trading in the market. My thoughts though!

[libert19]

Congrats, it's always a good idea to withdraw original amount and trade with profits, it helps minimize the regret if things go south.

[6erth6rind6ain]

Well the dogecoin bubble finally popped haha. I pulled out half of my profits(which eventually became 3,400.00) in time but that was beginner's luck. I'll just refuse to sell the rest of my dogecoins so that I don't violate the 4th commandment of crypto, haha. I'm off to invest in other cryptos now and finally deversify my portfolio this time. I ended up developing a list of rules to follow that I now refer to as  "The 5 commandments of Crypto" to follow just through my noob experiences with doge. It's just common sense tactics that I think even stock traders use:

I. Thou shalt never invest more than thou can afford to lose
II. Thou shalt sell high and buy low
III. Thou shalt not keep all of thy eggs in one basket
IV. Thou shalt not invest in shit coins
V. Thou shalt not have paper hands


I'm still not convinced that doge is a shit coin yet, but I guess time will tell if I broke the 4th commandment of crypto on that one, lmao

[Alucard1]

I want to congratulate you on your achievement mate, I really happy for those persons who feel overwhelmed for winning their trading history, that is also what I can feel whenever I earn money for any ways of earning money. I just remember when I have also done trading with $200 of capital and I earned almost a half of it or $100, so the thing that I do first is just I pull out my capital and trade the money that I have earned, I just want to secure my capital to get back and just risk what I have earned from it.

[DdmrDdmr]

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I presume that "the last few days" takes your scalping trades to be somewhere between the 13 and 17th of this month, where the behaviour of your investment was in a clear ascend (https://coinmarketcap.com/currencies/dogecoin/). Now had you started on the 20th and tried the same until today, the result may well have been very different. Lucky strikes are something one can be glad about, but shifting the window of the timeframe a bit may render unforeseen results. That applies to bitcoin, dogecoin, or else.

[kawetsriyanto]

Congratulations on the success you will get from trading crypto. However, keep in mind that you should never feel too satisfied and you should still be careful in trading. We will not know that in the future we will get more profit or even lose. because in trading and investing there will be 2 things that always accompany it, namely profit and loss. Just keep up the good work.

[Ebede]

Congrats mate, what Worth it, what it, it's only who is serious achieve success and prosperity in he or her part,from my concept I have to noted that trading is what everyone can do and achieve if the measure or advantages is serious, unserious people.

[mediaBuzz]

Congrats, it's always a good idea to withdraw original amount and trade with profits, it helps minimize the regret if things go south.

Lol that's the best feeling about trading. No stress at all when trading the profit. But it also makes you be less accurate than you are when trading your own money, doesn't it?

And my congrats, OP.

[libert19]

Congrats, it's always a good idea to withdraw original amount and trade with profits, it helps minimize the regret if things go south.

Lol that's the best feeling about trading. No stress at all when trading the profit. But it also makes you be less accurate than you are when trading your own money, doesn't it?

Doubt it, most people do better when they are not under pressure, withdrawing your capital keeps you at ease and helps you make better decisions.

[Newlifebtc]

Well I originally had a plan where I was going to save up 4,000.00 USD as "money that I would use to invest in crypto that is also money I can afford to lose". That way I can invest in a big way and it's not the end of the world for me if I fail and lose it all. I spent months researching what crypto was, how it works, asking a gazillion questions on this forum, etc.

But when I finally had 2,000.00 USD saved up, I decided to not wait till I have 4,000.00 to start investing and I've been scalp trading for the last few days with dogecoin.

Just a few minutes ago, I took the 2,000.00 USD that I spent investing and withdrew it and put it back into my bank account. The money I now have in my portfolio on binance.us is now the profit that I'm trading with. ....and my balance is 2,782.87. Yes, that's right. I made 2,782.87 in just a few days by scalp trading on dogecoin! My original 2,000.00 dollars is back in my bank account (well, I have to wait 2 business days before it's OFFICIALLY back in my bank account because of the proccessing time I have to wait)....and now I'm just using my profits to trade with.

This is awesome! Just wanted to post this here and say thank you to everybody who answered my gazillion rookie trader questions. I put the stuff I learned on my own and stuff I learned in this forum to good use! WOOT

Congrats ones again,you are lucky to have made that much and also wise to withdraw your capital and trade with your profit, because greed have make a lot of people want to make two times there capital and they end up lossing there money