Community post
I started with $50 and no clue!
So the journey began March 2017 when I was first introduced into the Cryptocurrency world. One of my co-workers was telling me about ETH and how it was the next big thing, I decided to look into this but was not sure about any of this as I had never heard of Bitcoin at the time. So I watched ETH grow from 40 before I wanted to get in.
By the time my account was created and I could purchase on Coinbase this was up to 50 into ETH and continue to research. Well my 40 when it dipped, well it hit the 38 and again it hit this number. I almost pulled the trigger but I said ok if it goes to $33 I will get more, well I never got any more ETH unfortunately.
After researching I found that there was a whole market of coins and tokens that were being traded (how have I never known about this) and I wanted in. So I found a few sites that were easily accessed and Polo was the first on I could get into so I sent over 1 ETH and began trading. Now I still had little information on all of this but I knew I wanted to sell and make money on the trades so I kept track of every trade and my gains/losses along with the fees to trade.
So fast forward after hundreds of trades in 4 months whether it was XRP/SC/DGB/LSK/GNT/ EMC2/ and many others that I got by some blind luck. I decided to sell my GNT and other small coins after making a solid profit and invest that into Steem after researching and watching videos by @jerrybanfield. I managed to have enough that I could purchase 135 total Steem, now I know that this is not a lot however after having invested $50 back in March and only moving half of my coins I was happy. By making this move I found that I was about 75% invested in Steem and was hoping for the best.
A few months later I was sitting close to $750 in all of my coins I had invested in, I was excited that I earned around 1,500% in only a few months (XRP/DGB/SC were the main factors of this as they grew over 5,000%). Low and behold I wake up one morning to check and everything crashed and I was trying everything I could to make gains but could not, I sold some coins for less than I bought trying to get into the next big gain. Finally I walked away and let everything sit for a while (the end of November).
When I came back to I noticed that everything was looking positive for me and I Sold my XRP at 0.006 when I got it in March I moved this into others and was making solid gains again, I thought okay I am back. Well after a few weeks of trading I found a few posts that seemed to be almost spot on (close enough to the predictions for me), so I started following @haejin and I didn’t buy all of his picks but the ones I liked and could see a future for I got into. Honestly I can say that I was able to get some solid WINS out of those picks.
So I bet you are wondering what I am currently sitting at after just a few months of trading…….Well I am now over 4,300% since march and sitting at 200 from the $50 as I was involved in so many coins at the time.
Now I have gone back to see what I would have and if trading has provided higher gains and I can honestly say that the current route I am on is the best value for me. As far as ripple I only got in for 236 coins at $0.006 so if I would have held the profits would have been nice but I made that and more with my other coins I got for the XRP I sold.
I am hoping to get as close to $5,000 as possible by March as I would like to have made 10,000% in 1 year of trading/holding.
Replies (6)
Am I the only one that can't stand watching that dude? There are honestly a dozen better channels for crypto to watch.
Who are we talking about?
Do you use chart analysis or market cap rankings or other techniques for making your trading decisions?
In the beginning honestly I just got into what I thought had a place or seemed to peak my interest. I know I read a lot about XRP and really like it but did not see it going over 1$ so i sold when it was at a standstill. I do look at the charts that @haejin puts out and his work seems to be solid. Honestly I still do not read the charts but research the technology and information I can find on them before I buy. I have never traded stocks so Charts are a whole new ballgame and I will be working on that this year so I can make predictions. Hope this helps
Jerry Banfield
Yea I havent watched many of his videos recently after i got back into crypto, I heard that he went to the bots. Not a fan of that I dont want to pay for an upvote.