Trade 1 - Challenge 1K to 100K
I decided to take on this challenge because of all my crypto friends that have missed opportunities in the past and also because of the negativity I see everyday.
The challenge is achievable, no doubt about it, mathematical models show that if you are 100% right and see in the future you can make in 24 hours more than 500% from one single coin. Well, that is not what I can do, or to my knowledge, nobody can do it. However there are signs in the market that can be used in order to achieve profits regardless of the cycle (bearish or bullish), I call myself a bullish long term, neutral short term, for very simple reasons: you have to be cold, rely on good strategy and focus on what really matters: sentiment, patterns, volumes and always be prepared.
Challenge started this way:
buying bitcoin at 7325,97 worth 1000 USD, total bitcoin 0,136500
buying #CHAT for the full amount
Starting budget: 0,1365 BTC
Entry price: 527
stop loss: 510
targets: 561/620
total tokens 25901
Good risk/reward ratio.
I will update the trade in time and I might decide to sell earlier.
Disclaimer: no trading advice, this represents my opinion only.
I decided to take on this challenge because of all my crypto friends that have missed opportunities in the past and also because of the negativity I see everyday.
The challenge is achievable, no doubt about it, mathematical models show that if you are 100% right and see in the future you can make in 24 hours more than 500% from one single coin. Well, that is not what I can do, or to my knowledge, nobody can do it. However there are signs in the market that can be used in order to achieve profits regardless of the cycle (bearish or bullish), I call myself a bullish long term, neutral short term, for very simple reasons: you have to be cold, rely on good strategy and focus on what really matters: sentiment, patterns, volumes and always be prepared.
Challenge started this way:
buying bitcoin at 7325,97 worth 1000 USD, total bitcoin 0,136500
buying #CHAT for the full amount
Starting budget: 0,1365 BTC
Entry price: 527
stop loss: 510
targets: 561/620
total tokens 25901
Good risk/reward ratio.
I will update the trade in time and I might decide to sell earlier.
Disclaimer: no trading advice, this represents my opinion only.
25901*509
remaining BTC 0,13183609