I am taking a break from my normal programming to talk about my recent trading strategies.
With a laymans understanding I have actually been trading positive and I want to share the splendors of joy that fill my heart <3
Truly I just want to educate people on the path that I have taken in hopes that it will help them along.
Mostly because I made a lot of mistakes when entering the world of blockchain technology and I hope to help steer others clear from those same mistakes.
So my strategy begins with using Altcoin Fantasy to trade without the baggage of real loss.
I start by using the 7 day filter to show the greatests losses in percentage.
I will then find one or two coins that seemingly have an upward trend starting to form by referencing the charts on coinmarketcap.
After awhile you will begin to notice trends in breakaways that will teach you when to buy or sell.
Essentially, since the markets somewhat emulate each other, the strategy is to buy low and sell high.
The trick is in watching the charts to see the lows and doing even just a bit of research would bring you awareness of that specific blockchain holding an event or a new development that may make a surge on the markets that could bring growth and further awareness.
For now I have only been focusing on the buy in trends because I know that trading bots already have the markets cornered on the selling aspect.
Today I traded in the #92 BigToken contest for what I predict will be a possible run on Ontology Gas. My current standing in this contest is 188/779 and I am down $19 with BTG(bitcoin gold) which I predict will rebound before the contest is over so I am hodl.
I decided not to trade in the #91 Newscrypto contest today because I am already holding quite a few coins and I only have to buy into one token per day to receive the daily rewards. My current standing in this contest is 331/1232 and I am down $2.45 with ethereum.
You can track all of your stats from past contests and potentially win pretty big(winning is like $850+ this week) if you have been paying attention to the markets!
Anyways, it is suuuper fun to be able to play around and learn about trading without the burden of actually losing money.
Please join me and share in the splendor of educational money management. Just use my link below!