Cryptocurrency Trading
I got started trading various Altcoin's in July 2016. In the beginning trying to read the charts were a nightmare and my original investment quickly dwindled down to almost nothing.
The original investment was only $25 so it was not going to hurt if I did lose it. This was a test to see if I could figure out the day trading aspect. As well as being able to read the charts.
In August I started to invest a larger amount of money into it and did begin to make a profit.
By October I had a total cash investment of $675.00
By the end of October I turned that investment into $1,000.00!
Getting Started
Dealing with the Alcoin industry you have to accept the fact that many of these coins are volatile. There is a risk you can lose your money if you are not paying attention.
Do not risk more then you can afford to lose is a big rule to live by.
Start by determining the amount you want to start with. The bigger the budget you have to work with the better chance you will have at earning a profit.
You will not be successful on every trade you make but you need to know when to get out of a coin that is falling. That is where being able to read the charts comes in handy.
You will also need to pick an exit point price when you do start to make a profit on a trade.
Being greedy does tend to cost you more in the long run.
Some coins go down as quick as they go up so be careful!
Another thing to watch for is the Pump & Dump as many big players do manipulate the prices.
Partnership
If you are not able to read the charts properly, do not want to risk a large amount of money or do not have the time to devote to trading there is an option.
I am looking for investment partners to pool our resources together and build up the investment portfolio. Which will allow the budget to be spread over a number of coins at the same time.
Some coins move daily where others do not move for 4-5 days. By working with a small budget you limit the number of coins you can trade with but also limits the earning potential.
By partnering with me you benefit by being able to deal with more coins at that same time then you would be able to on your own.
I will be providing detailed stats to every member of the team. The page will detail each coin that was invested into including the amounts. The page will also detail at what price the coin was sold at and the total profit/loss on the trade.
I will also be setting up a live cam feed through skype if you want to watch trades in progress!
Investment
My goal is to start trading with 6 BTC. To reach this goal there will be 200 investment slots available for purchase. Each slot costs 3,000,000 satoshi which is around $20 US depending on the current price.
Each slot will earn 0.5% of the monthly profit.
Payments will be issued on a monthly basis on or around the 1st of the month.
You will have the option to withdraw your invesment at the end of the month. All I ask for is a 7 day notice of your intention to leave the team so I am able to offer the slot to another member and ensure the funds are available to be sent with your final profit share payment.