How I turn my $200 to $20000

[death69]

Hi folks

I was active for more than 3 months on this forum because I was too focusing on trading and making research on the cryptocurrency market. The market is extremely insane. People are making money everywhere, from shit coin to main coin, especially from gaming token. Axie infinity, MyNeighborAlice, .. and tons of new games such as Plant vs undead, Meeb. All of them have been increased for days

Anyway, today I will share my story about how lucky I was in late JULY. I have been a trader for years (maybe 1 or 2 I guess) but I swear to god, It is hard for me maintain a steadily and persistent income. I can only make money when there is a good time when I can make a whole bunch in a short month. Early July, when Axie climbs from $2 to $20, I figure a type of chart which exist in m1 to make money. It was a magnificent pattern because of the high RR (1:5 to 1:10) and winning chance (About 50% chance). And after a few days of experiment, I started trading seriously with the new techniques and it brought me an outstanding profit: $200 to $20000 in less than a month

Sadly, late , I can not maintain my performance. And the "Holy Grail" does not work more than 50% of time anymore. Thus, I have to change the strategy in order to protect my fund, I do not want to become out of control and lose everything. I withdrew $10000 and gave at to my mom. It is a big amount of money to my family because of covid-19 preventing us from getting a job. However, it is hard to maintain the winning attitude after several lost. It is where my emotions jump in and roll me like a Roller coaster. Unsurprisingly, in the next month, my income drop and I threw away more than $5000. At the moment, I have stopped trading. It is the best to relax for a few days after having a long streak of loss. And my hunch tell me to share the story here

That's my story

Here is the graph of income in percentage and dollar:



I have to admit that im a terrible trader who is still struggle in controlling my emotions. If I cant fix this issue, I believe I will become a successful trader who has persistent income every months. My trading career is just begun. I will keep learning and practicing.

I hope that you guys will have a great income with cryptocurrency because the bull already moves. But remember, always cashout your money every time you have a big profit. Why? Because money management is the important key. And you will never know when there is an another crash

[jackg]

Yeah I think a lot of beginners Charts look like this. You might be just a good risk management strategy away from making quite good profits though.

Can $10000 sustain your family for quite a while? If so, I'd spend that time experimenting with whatever's left doing maybe smaller trades (eg with 10% - but not with a full amount).

[death69]

Yeah I think a lot of beginners Charts look like this. You might be just a good risk management strategy away from making quite good profits though.

Can $10000 sustain your family for quite a while? If so, I'd spend that time experimenting with whatever's left doing maybe smaller trades (eg with 10% - but not with a full amount).

Yeah, I am working with a small amount of money. And indeed it is a beginners charts hahaha. My years of experience cant help me to maintain my emotions. The only thing I good at is recognizing chart patterns. I was good with forex where I could manage to earn $50 weekly. I guess I have to start again with my old money management way which I used in forex

[faithupgrade]

Very inspiring, actually I started to invest 50usd and bought AXS too at 19usd it doubled my investment but the bad thing is i didnt hold. Now that I have $100 from my balance I started invested it on DOGE and ETH.

[Sweetbtc]

Looking and analyzing the coin is the best strategy and best technique i can say in trading through which most of the traders can get help for making an investment in some coins by checking their graph. But the main thing is buying and selling limit as what it can affect your trading badly or even can give traders much benefit as well.

[Ryker1]

Well, that is good for you --would mine share with us and tell us what strategies you have used in trading?
I have been witnessed different people^[traders] saying that they are have profited a lot in trading on this current bull market. Perhaps that is the reason why you get profited from your trading activity because of the situation that the market price continued increasing and luckily. An inspiring story from you but this does not mean everyone will do the same as yours.

[Mahanton]

Very inspiring, actually I started to invest 50usd and bought AXS too at 19usd it doubled my investment but the bad thing is i didnt hold.

As long you do make profits then that what matter most.When i do talk about missed opportunities of having more profits just because i didnt held that long then it would be lots but i dont really make
myself get stressed and move on because profits what do matter most and dont ask for more if you do missed out on making more because that would just create some stress and would make out
some possible mistakes in the future if you do consider on holding a little bit more before selling because each situation wouldnt really be the same as always.
So timing is something lit if you do ask me.

[harizen]

A nice experience you have there. Not pressuring yourself to continue more after a loss. It's good to have a break sometimes. And the best part, cashing out the money you earned because everything is not "just to hold your coins for long".

Your skills got enhanced and improve because you have a goal, especially that everyone is struggling in the pandemic. I like your risk management for diversifying several eggs in different baskets. That's not simple to maintain in the long run.

I know you don't need any advice. Just good luck in your future trading activity and hope all is well.

[RokokGudangGaram]

Wow that was really a good profit, I really don't think you're a terrible trader since if you are a terrible trader you won't make your $200 to $20000 well I am really impressed with your performance and honestly it inspires me to do the same I have more than $200 right now and I hope I would be able to make profit at least half of what you have accomplished. I think I would sometimes take higher risk in order to have a higher income but of course I will not make any hasty decision.

[Ararbermas]

Actually i start trading with small account as well like you, and yes at first it's to difficult but after i've learn all the useful strategies that can help me to increase my win rate, all becomes well and until now i can still use it. And yes there's a times that i want to stop my journey also because of some mistakes and losses in trading, but i never give up to make research in order to answer all my mistakes. look where i am now I'm still enjoying my day while trading and waiting for opportunity to gain profits.. 

Quick tips: always follow what's trending to assure there's a good return after all.. Lol by the way not a strategy but a technique for me in my opinion to increase win rate especially if you have small capital to trade.. It's a good idea to roll up your money..

[checkmatesir]

It's all depends upon the experience and also some time luck, the more you have experience, the more you will get to success, this is the only key and i think most of the traders get help from this analyzing chart which is quit beneficial for us as well as other traders. And secondly always keep patience in trading.

[ryzaadit]

At least you take some and use some funds to do another trade.

Well, nothing wrong with that with only one month from 200$ to 20,000$ is already a great achievement. Even you lose the 10,000$ but based on the initial amount you are using still in the winning situation. No matter how much profit you're, a good trader is not always looks at how much profit they're made but is always from ended the trade with profit.

All trading is future trade ?

[Shenzou]

That is the key factor that makes trading cryptocurrency a very demanding job but when it hit it hits big, the same strategy that you use 100 times that you have tested over and over again, as soon as you put it to work
you start losing, the point is that the market is volatile and requires you to be up to your game and adoptable. and rethinking your strategies on every loss.

[celot]

This is very interesting . What you say is very true my friend. Money management is the main thing . Indeed, humans are never satisfied. I should have done the same thing when I had a big profit, I should not be so thirsty for profit anymore. But because of my ambition I lost part of my profit. But since then I have learned a lot, that self-control is very important. And relax when our money has been collected.

[death69]

All trading is future trade ?

Yes, all trading is future trade. Leverage is from 20x - 50x depends on how well the market is

That is the key factor that makes trading cryptocurrency a very demanding job but when it hit it hits big, the same strategy that you use 100 times that you have tested over and over again, as soon as you put it to work
you start losing, the point is that the market is volatile and requires you to be up to your game and adoptable. and rethinking your strategies on every loss.

I agree. Still working on new method for a long run rather than just a month like this. I can easily apply compound interest to increase my profit, too

Actually i start trading with small account as well like you, and yes at first it's to difficult but after i've learn all the useful strategies that can help me to increase my win rate, all becomes well and until now i can still use it. And yes there's a times that i want to stop my journey also because of some mistakes and losses in trading, but i never give up to make research in order to answer all my mistakes. look where i am now I'm still enjoying my day while trading and waiting for opportunity to gain profits.. 

Quick tips: always follow what's trending to assure there's a good return after all.. Lol by the way not a strategy but a technique for me in my opinion to increase win rate especially if you have small capital to trade.. It's a good idea to roll up your money..

Well done. Small amount of money always make me confident. I guess it is because I was holding a big amount of money so that I was not able to keep up with the plan

Thanks everyone. It is good to hear your opinion. And have you collect any coin yet? Yesterday was a masacre to anyone buying cryptocurrency. And now it is a good time to buy great coin with cheap prices

[teosanru]

Hi folks

I was active for more than 3 months on this forum because I was too focusing on trading and making research on the cryptocurrency market. The market is extremely insane. People are making money everywhere, from shit coin to main coin, especially from gaming token. Axie infinity, MyNeighborAlice, .. and tons of new games such as Plant vs undead, Meeb. All of them have been increased for days

Anyway, today I will share my story about how lucky I was in late JULY. I have been a trader for years (maybe 1 or 2 I guess) but I swear to god, It is hard for me maintain a steadily and persistent income. I can only make money when there is a good time when I can make a whole bunch in a short month. Early July, when Axie climbs from $2 to $20, I figure a type of chart which exist in m1 to make money. It was a magnificent pattern because of the high RR (1:5 to 1:10) and winning chance (About 50% chance). And after a few days of experiment, I started trading seriously with the new techniques and it brought me an outstanding profit: $200 to $20000 in less than a month

Sadly, late , I can not maintain my performance. And the "Holy Grail" does not work more than 50% of time anymore. Thus, I have to change the strategy in order to protect my fund, I do not want to become out of control and lose everything. I withdrew $10000 and gave at to my mom. It is a big amount of money to my family because of covid-19 preventing us from getting a job. However, it is hard to maintain the winning attitude after several lost. It is where my emotions jump in and roll me like a Roller coaster. Unsurprisingly, in the next month, my income drop and I threw away more than $5000. At the moment, I have stopped trading. It is the best to relax for a few days after having a long streak of loss. And my hunch tell me to share the story here

That's my story

Here is the graph of income in percentage and dollar:



I have to admit that im a terrible trader who is still struggle in controlling my emotions. If I cant fix this issue, I believe I will become a successful trader who has persistent income every months. My trading career is just begun. I will keep learning and practicing.

I hope that you guys will have a great income with cryptocurrency because the bull already moves. But remember, always cashout your money every time you have a big profit. Why? Because money management is the important key. And you will never know when there is an another crash

This might look rude to you but you were just too lucky to have found a couple of multi-baggers during the bull run, Bull run is actually an excellent time to make money in the crypto market but what happens with new traders is that they lose all the money they have earned in the bull run immediately after the bull run gets over. I have experienced two bull runs and in the first one, I made this mistake while in the second one was fortunate enough to get out on time. There are two options you have in such a scenario, first is to either wait for another bull run just like the previous one to make longs once again and earn money, the second option is to create a new strategy which works in this market scenario too, try the strategy out with just a few 100$ and then ensure you don't put in all your money into trades at once, only when you are confident that this strategy works, go in trading with this strategy with all your capital.

[LUCKMCFLY]

Well, on Youtube I saw a person who every day makes between 500EUR to 2000EUR only investing 500EUR, that the worst days can only make 400EUR, and his strategy is very simple, it consists only of looking for NFT game projects, searching and being in the whitelist or presale, after that buy, after going to the market wait to sell at least in the 2nd or 3rd green candle, because the price tends to fall, then when it falls, buy again and thus find a way to play at least 1 week to put your money in farming, and withdraw quickly, is actually a strategy that is not bad, but it does have its great risk.

[checkmatesir]

Great work indeed brother, but there are certain cases we didn't know about the market and we can't say anything we can expect about it only, there are many other situations like the market dump we have to be suffer there from a lot of loss even we are not ready for it. And another thing I must tell you is the market which is volatile.

[LimLims]

That’s indeed a great journey and quite motivating.
And I really appreciate the choosing of perfect coin and perfect time.
Same too happened with many people who had hold the Dogecoin before the doge booms up.
They might have also made good profits from a small amount.
So at last it’s all about great timing, luck and good choice of coins.
Really op well done.

[nur rochid]

to make it a 100x increase, I think it's only easy for new projects, where the price is still cheap and easy to manipulate, but it is directly proportional to the risk, therefore we must dare to take risks by investing in potential new altcoins, so we must analyze it carefully first. And when the target is reached, I suggest you to leave the market immediately, don't let greed dominate us