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Being a professional crypto trader
#1

Being a professional crypto trader

First off - this isn't a data sheet, I'm not one (yet!) - but I see the potential.

This guy LargeSnorlax is a fairly respected Crypto guy on reddit and he's running an experiment to test his methods. His record in the past seems to have been pretty spot on, and his experiment looks to be continuing that.

Buy and Hold 25 different coins in 2018

He took 1 BTC and bought 25 shitcoins. It's been 2 weeks and he's up $14k. All of the coins are up. That reddit post links to his google sheet with all of his tracking.

Now, that's a very bull market obviously, but it seems like a pretty viable path even with a relatively small amount of capital.

My guess is that this would be just like being a day trader - you take profits and they're enough for you to live on. Or you take profits, and your company pays you a salary.

Currently all of my crypto investment is with my company's money, so this is very appealing to me. I am thinking about giving this a go.

2018 is the year, time to get rich.
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#2

Being a professional crypto trader

The only guys I consider Crypto professionals are early guys like TDV Jeff Berwick the Libertarian Anarcho Capitalist who got his Gold and Silver Mining Readers into the major cryptos early and Cheap - plus Andreas Antonopolous wrote the books for Developers on Bitcoin/Blockchain and Ethereum/Smart contracts as well as the internet of Money for his Mom to understand cryptos. Others would be early Buyers and Holders of Bitcoin, Litecoin, Monero, Dash, Ethereum and now Cardano etc..

I was busy with a brutal commute and stupid workload last 2016/17 winter so did not get into Cryptos before the great 2017 Bull Run Rampage - (Coordinating/ 51 Cybersecurity Projects and personally delivering 15 - not possible in 40 Hour Weeks and became startled how almost all Cyber Security projects were based upon concentrated centralized silos of data and control especially clouds with NO real understanding of Blockchains and secure decentralized architectures that eliminate a lot of the need for onerous (PCI/DSS) intrusive measures to secure fundamentally insecure and enormously hackable concentrated Silos of data... lots of major companies now moving at lightspeed to Blockchains (Google Vanguard and Fidelity Investments embracing Blockchain technologies) Ripple shows the impact of free markets on legacy tech dinosaur systems - 80 Major Multinational Banks can't get away from SWIFT slow expensive wire transfers fast enough.

Woke up this morning and my Binance test of 10 Alts literally amazed me - I started with about $5K a month ago and wasted at least three weeks on Enhanced verification and Bloody Damned Coinbase holding bank ABA Routing and Accounts direct transfers for a Criminal 9 Day float! Cna't wait for effective decentralized blockchain exchanges or better P2P wallet private matching...

My diversified Altz Cryptos 24 Hour and 7 Day Performance FYI (No bragging just sharing what is in fact working for me and to what % in just the past 7 days AMAZING! )

Holey Whack-A-Moley Woke up and felt like I was on a Crypto Roll... Dwarfs my Canadian Organic Spice and Uranium and Gold/Silver Royalty Streams stocks...

Led by MITs ENG Enigma coin up 88% over 24hrs this AM to $4.75 my $6K is up to $9,910.41 This morning - this makes my Canadian Organic Spice 200% and US Uranium 30% for the year long term hold stocks look like under performers...

Damn watching morning Fox 25 News and Weather its -9F in Nashua NH but my Blockfolio is on fire - just hit $10,015.00 like a Skidooo - on a frozen lake - like a rocket!

My diversified Altz Cryptos 1 hour, 24 Hour and 7 Day Performance

# Name Symbol Market Cap Price Circ Supply Volume (24h) % 1h % 24h % 7d

2 Ripple XRP $94,181,834,169 $2.43 38,739,144,847 $2,723,510,000 3.35% 9.89% 118.84%
5 Cardano ADA $20,118,862,269 $0.775979 25,927,070,538 $229,329,000 1.09% 12.62% 86.36%
74 Enigma ENG $343,485,303 $4.59 74,836,171 $61,610,900 -0.70% 82.14% 108.95%
16 TRON TRX $4,319,577,348 $0.065699 65,748,192,476 $756,981,000 5.45% 43.73% 74.71%
142 CyberMiles CMT $129,709,421 $0.304628 425,796,121 $21,695,300 -2.90% 27.47% 65.80%
161 Etherparty FUEL $110,824,384 $0.228435 485,146,253 $22,791,700 -1.83% 27.71% 130.12%
145 Cindicator CND $127,788,760 $0.088375 1,445,976,590 $19,416,000 -0.30% 9.12% 70.76%
66 FunFair FUN $388,508,572 $0.091417 4,249,873,622 * $31,915,300 1.93% 1.43% 62.40%
133 SONM SNM $142,243,736 $0.395561 359,600,000 * $6,188,640 0.35% 5.71% 12.79%
105 Triggers TRIG $218,062,367 $6.79 32,105,578 * $11,373,600 -1.42% -1.79% 120.71%

This can get addicting...

Time to get organized with pre staged value on KuCoin, Cryptopia and EtherDelta and perhaps the COSS distributed Blockchain Exchange... as many of the promising Micro and Nano projects list there first until they can afford the 10 BTC Crypto listing fee on Binance and Bittrex

Possible next series of 10 Bagger videos - To Paraphrase Buzz Lightyear to 10X and Beyond!

Great Videos to Launch 2018:

AltCoinBuzz:
New Cardano Debit Card and News https://youtu.be/h5slEzS5wOM
Top Cryptocurrency Community Picks For 2018 https://youtu.be/5BLcu7DOW60

Sam the CryptoSomniac
Top 5 Cryptocurrency ICOs: January 2018 https://youtu.be/qcI-kr4VYuc

Top 10 Cryptocurrencies of 2018 | Medium Risk Fund https://youtu.be/2ukY_zRUMM0

Datadash
The Crypto Recap | Week #2 (XRP, IOTA & more!) https://youtu.be/2qlf6KlbvXQ

Living the Crypto Dream in 2018
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#3

Being a professional crypto trader

I like that you bring a lot of knowledge to the forum, but for the love of God please stop using overly long run on sentences and stop capitalising random words. I have to skim read all your posts otherwise it would take me about 10-20 minutes each to decipher them. I'm not exaggerating at all.

I say this not to be a dick but because I actually want to know what what you're trying to say.

Are you actually American? I notice you capitalise a lot of nouns like a German.

Also sell your stocks, buy more crypto!

"Especially Roosh offers really good perspectives. But like MW said, at the end of the day, is he one of us?"

- Reciproke, posted on the Roosh V Forum.
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#4

Being a professional crypto trader

I will not surprised if the more successful guys here do not disclose how much they are making for obvious reasons.

I must admit I was sceptical of claims years back "the govt is watching us" when people here were warning us. Turns out they were right.

Crypto is going from 600bn to 2-3trn by 2018/19 and we are early adopters. Dot Com bubble was 6.5trn in 1999 and that was US restricted. This is worldwide almost 20 years down the line.

The reality is there will be plenty of newly minted millionaires on this forum by the end of 2018.

This is not even controversial.
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#5

Being a professional crypto trader

RPUK - LOL I was born in Montana USA to Parents of Celtic and German Ancestry and spoke German to relatives growing up... I aced all my Exams as in NO wrong answers and was fast tracked for Nuclear Submarines Combat Systems HW&SW training at the age of 19. My brain runs about 1,000 faster than my polar bear paw phat phingers can type so the stream of thought effect... perhaps I will use some more periods and CR/LFs rather than dashes and elipses.

Just wanted to share and give back value to some of the few threads I actually get value from plus the occasional Data Sheets I enjoy like Cruise Bangs thread and updates.

I get that the really rich never discuss vulgar matters of money... this Crypto Revolution is minting millionaires as fast as you can say 10X so if it is tacky and vulgar to discuss what works in Cryptos call me the Hideous Nuclear Deep Sea Beast that I am and I will wear that as a badge of honor with immense pride,

I am working with a Cigar Man Cave acquaintance who is a Director of Global Trading Strategies for a Mega Financial, a self made multi millionaire and one of the top 5 Traders in the world having invented multiple methodologies and refinements to capture maximum market movements with minimal risks. He recently tested some low risk high return strategies with crypto futures that proved profitable but not worth the effort compared to E-mini futures - Crypto Futures market is not yet deep and broad and robust enough - go figure.

His Dad tells stories of Bayonetting Chinese charging over the top of ridges at the Chosun Resevoir in the USMC during the Korean War when they were being over run and low on ammo - the apple did not roll too far from that Tree.

I pitched him on a project to use AI knowledge engineering methods to capture his many methods, confirmations, rules and algos to do a surprisingly socially responsible project that is stating to grow legs... so will not be sharing much more as I promised to deliver a basic Word Press Site, Roadmap, and whitepaper for circulation and review by end of January 2018...

Ironically his basic TA rules have turned my stocks, options and crypto trades into much better entry and exit points.

May a Rush of Crypto Riches in 2018 bless all the Alphas who take action here.
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#6

Being a professional crypto trader

Quote: (01-02-2018 02:37 PM)Que enspastic Wrote:  

I will not surprised if the more successful guys here do not disclose how much they are making for obvious reasons.

I must admit I was sceptical of claims years back "the govt is watching us" when people here were warning us. Turns out they were right.

Crypto is going from 600bn to 2-3trn by 2018/19 and we are early adopters. Dot Com bubble was 6.5trn in 1999 and that was US restricted. This is worldwide almost 20 years down the line.

The reality is there will be plenty of newly minted millionaires on this forum by the end of 2018.

This is not even controversial.

The dotcom bubble was different. There were many major companies and bank thats invest lots of money. The cryptos is a young generation thing.
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#7

Being a professional crypto trader

So you are telling me the banks and companies has not started buying yet?
I´ll strap in for a wild ride then.
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#8

Being a professional crypto trader

It's great fun and very profitable, and I encourage everyone reading this to go start learning how to trade some crypto.

But if you think this crazyness is gonna last long enough for you to do it as a lifestyle for more than a year or two you're mental.
(You might be able to make enough to retire, though, if you're lucky.)
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#9

Being a professional crypto trader

Quote: (01-02-2018 04:02 PM)pants Wrote:  

So you are telling me the banks and companies has not started buying yet?
I´ll strap in for a wild ride then.

Why should companies buy shitcoins instead of creating themself. Like Phillips TNT.
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#10

Being a professional crypto trader

Quote: (01-02-2018 04:09 PM)SamuelBRoberts Wrote:  

But if you think this crazyness is gonna last long enough for you to do it as a lifestyle for more than a year or two you're mental.

Looks like it's time for you to leave this part of the forum and come back in a year [Image: wink.gif]
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#11

Being a professional crypto trader

Quote: (01-02-2018 04:25 PM)JackinMelbourne Wrote:  

Quote: (01-02-2018 04:09 PM)SamuelBRoberts Wrote:  

But if you think this crazyness is gonna last long enough for you to do it as a lifestyle for more than a year or two you're mental.

Looks like it's time for you to leave this part of the forum and come back in a year [Image: wink.gif]

No, I'm busy making lots of money here.

But I recognize that this is a goofy-ass bull market that's uncharacteristic even for crypto. This is NOT normal, and it will NOT continue indefinitely, and if you assume that it will you'll get hammered.

Make hay while the sun shines. There's plenty of money to be made right now. But recognize this for the fantastic blessing that it is, and don't take it for granted.
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#12

Being a professional crypto trader

Quote: (01-02-2018 04:09 PM)SamuelBRoberts Wrote:  

It's great fun and very profitable, and I encourage everyone reading this to go start learning how to trade some crypto.

But if you think this crazyness is gonna last long enough for you to do it as a lifestyle for more than a year or two you're mental.
(You might be able to make enough to retire, though, if you're lucky.)

Who knows man, this is (as far as I know) the first ponzi-like scheme of its kind where the entire WORLD has access to it.

Not only that, the underlying tech has value, and so do some of the actual tokens, for various purposes, which helps obfuscate the nature of the beast in many people's minds.

The thing is, a huge amount of the action is simply folks buying these things in the hopes that they go up. And as far as those participants go, the pool is the entire internet-connected world.

If the action was limited to folks actually using the assets for interchange, to move funds out of repressive regimes (who cares if you may lose 40% overnight, it was all stolen millions anyways, and it may double overnight also), for example, the price would be a fraction of what it is now.

Since it's not limited to them, it's open to the entire world, and every one that buys some starts to proselytize, I mean...who knows how long this thing will have legs.

In any case, it's a fantastic space for speculation.

Just don't put in anything you can't afford to lose. Otherwise, caveat emptor and have fun.
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#13

Being a professional crypto trader

Possible in the short term, but I agree with Sam that this crazy bull market is not normal.

An overlooked aspect of trading/investing is psychology. I'd say you need to have (trained or innate) a mindset that only a minuscule part of the population possess.

Why?

Let's look at all the skills and personality traits someone needs to succeed.

Discipline - The building block. Can you stay the course if you're holding long term and can you get out when you know you should? Can you stick to a game plan? Are you only putting in money you can afford to lose?

Courage/Balls - You have to put the money in there, crypto is risky plain and simple.

Emotional control - Ties in with discipline. But if you believe in a project, have done your 'due diligence' (as much as can be done in this space), can you avoid panic selling when there's a big drop? Do you freak out when you lose? Are you constantly looking at Blockfolio like an addict?

General and specific investment/crypto knowledge - This can be a full time job. Reading white papers, following ICOs, reading reddit, watching YouTube, mastermind groups, slack channels, etc. Knowledge of at least the basics of technical analysis patterns (cup and handle, etc.)

Patience - It could moon 10 - 100x very quickly, but probably not.

And a lot more.

Of course in this type of market someone who decides to pound a handle of whiskey, blow some lines, and throw darts at three letter combos taken from coin market cap could also succeed.

So who the hell knows. I'm just trying to outline traits that I believe would be essential for success.
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#14

Being a professional crypto trader

Ill be moving into Cryptos full time. Not sure if you wanted any questions answered specifically about that
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#15

Being a professional crypto trader

Quote: (01-02-2018 04:09 PM)SamuelBRoberts Wrote:  

It's great fun and very profitable, and I encourage everyone reading this to go start learning how to trade some crypto.

But if you think this crazyness is gonna last long enough for you to do it as a lifestyle for more than a year or two you're mental.
(You might be able to make enough to retire, though, if you're lucky.)

You think this bubble will burst in just one or two years?

The dot com bubble didn't burst until the internet was starting to gain major acceptance worldwide and we're a long way from that with cryptocurrency.

We're like where the internet was in the late 80s and early 90s. It works, sort of, and only nerds can figure it out and really understand it.

Also there might be a lot of resistance from (((some people))) to stop this from taking over.

However innovation happens faster now, so maybe now we're in 1985, next year we could be in the year 1990.. So maybe the technology is ready in just 4 years or maybe banks and governments hold it back for longer.

"Especially Roosh offers really good perspectives. But like MW said, at the end of the day, is he one of us?"

- Reciproke, posted on the Roosh V Forum.
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#16

Being a professional crypto trader

Quote: (01-02-2018 06:19 PM)True Balla Wrote:  

Ill be moving into Cryptos full time. Not sure if you wanted any questions answered specifically about that

Yeah, how does your strategy compare to the OP. Are you investing in alt coins and holding long term? How often do you take out profits and how do you decide how much to take out?

"Especially Roosh offers really good perspectives. But like MW said, at the end of the day, is he one of us?"

- Reciproke, posted on the Roosh V Forum.
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#17

Being a professional crypto trader

What are the best (in terms of easy setup, quick transactions, high number of shit coins available) 2nd and 3rd tier exchanges?

I notice that when you click on the gainers/losers tab of coinmarketcap it is rare to find any of them offered on binance. Seems like there is a different exchange for every god damn coin.

Anyone already been down this road and save some brothers some time by sharing their advice?

I'm going to keep half my cryptofolio in the blue chips, which will buy a nice house in some 3rd world country by end of year, but if I'm going to get those matching lambos I figure I need to invest in some of these higher risk shit coins as well. But I don't want to have to open up 20 different accounts on 20 different exchanges.


ETA:

I just looked at all of the markets/exchanges for each of the Top 30 Gainers, here they are, along with how many times they popped up:

-Binance
-Bittinex
-Bittrex (3)
-C-CEX (4)
-CoinExchange (11)
-CoinsMarkets (9)
-CryptoBridge
-Cryptopia (11)
-Ether Delta (3)
-Ethfinex
-Livecoin (3)
-YoBit (8)
-Poloniex
-Stocks Exchange (2)
-Trade Satoshi (2)

So it looks like the major players for these shit coins are:
YoBit, Cryptopia, CoinsMarket, CoinExchange

Does anyone have any pro/cons/tips for these specific exchanges?
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#18

Being a professional crypto trader

Quote: (01-02-2018 06:19 PM)True Balla Wrote:  

Ill be moving into Cryptos full time. Not sure if you wanted any questions answered specifically about that

Ya I'd like to hear an overview of your plan.

My problem as a long time gamer is that it feels wrong to pull out principal to pay myself with (taking profits).

Bad frame I'm sure.
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#19

Being a professional crypto trader

Quote: (01-02-2018 06:19 PM)True Balla Wrote:  

Ill be moving into Cryptos full time. Not sure if you wanted any questions answered specifically about that

I'm wondering how this worked out.
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#20

Being a professional crypto trader

Quote: (01-02-2018 04:25 PM)JackinMelbourne Wrote:  

Quote: (01-02-2018 04:09 PM)SamuelBRoberts Wrote:  

But if you think this crazyness is gonna last long enough for you to do it as a lifestyle for more than a year or two you're mental.

Looks like it's time for you to leave this part of the forum and come back in a year [Image: wink.gif]

We're almost there.
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