RE: The Coinigy Market Scanner will be a game changer
Hi Luc,
Firstly, thankyou for your content. I was very sad when you pulled your YouTube channel, as I had only discovered your videos 2 days prior, and was very happy to see you re-emerge.
As a result of watching your videos, I have started 'day trading' (or more appropriately, 'after work and on weekends when I get time away from my 2 year old' trading.
I have some questions:
I recently bought a cracked base on the BTC/ETH pair. Looking at the potential percentage (assuming a return to form rather than an outsized bounce), I was a little disappointed that it was quite small. How do I increase my percentages? Trading low-cap coins only?
Given the possible 10% upside, I felt a little cheated - like I had risked a lot for not much gain. Does it feel like that all the time?
I would need more info about your trade.. my base on that pair is at $170 and I started buying last night at $151 and i also got $142 and now Im hoping for 130 and under.. I am layering and really want more panic .. So im not sure if you were reading the chart effectively, because I dont know your entry
So, I picked my base at 0.08 (it had been tested twice with decent bounces), and cause it was late I set an auto-sell at 0.09 while I slept. But as you can see, thats only 12%. It just felt kinda risky for only a small percentage is all.
https://www.coinigy.com/s/i/596bc688cb6ed/
You did buy a little early on that one, probably because you were not zoomed out to a bigger picture, and looking at 1-2months of data, so that you could estimate what an average panic looks like.. you got in right after the crack of that base, but no worrys, it gave you a bounce anyways
12% ain't nothing (unless you're putting $50-$100 or so down).
LOL. Boo hoo I made 12% while I slept.
The average ANNUAL stock market return is 7%. In a year. 7% gained over 12 months.
You know how much you get in a savings account after inflation? In a year? Negative 5%, minimally.
You made 12% in 24 hours (12?). That's a win.
That's nothing but a win.
Win.
*For the record, I'm laughing with you, not at you.
Well said.