The Crypto Coin Center's Cryptocurrency Trading Guide:

I AM NEW TO TRADING CRYPTOCURRENCIES!

Read that again:

I AM NEW TO TRADING CRYPTOCURRENCIES!

and one final time:

I AM NEW TO TRADING CRYPTOCURRENCIES!

YOU COULD EVEN SAY THAT I'M SO NEW TO TRADING CRYPTO THAT I DON'T KNOW SHIT ABOUT IT! 

 

I ONLY JUST STARTED TRADING CRYPTOCURRENCIES ON MARCH 1ST, 2018.

I'm new to it! So take my advice (and any advice you find on the internet) with a grain of salt!

 

That said, for the past few months I've watched every video and read every article I could find on trading cryptocurrencies. I also joined numerous forums, facebook, and telegram groups in an effort to learn the best ways to trade crypto. On this site you'll find what I found to be many of the best articles, videos, and resources that I've come across that I've found to be helpful. After a few months of intense studying, I jumped in and started trading on March 1st, 2018. The trading strategies that I came across that I've been using that made the most sense to me were the QFL (Quick Fingers Luc) Base Breaking/Panic Selling and account building methods, and the rapid trading methods (read the guide in the pinned message of the rapid trading telegram group for more information on this method) that you can find out more about in the other sections of this website. The trades that you'll see in the examples below are somewhat of a combination of those methods. Basically I look for situations where:

 

1) There has been a panic sell and the coin drops below an established base (support level) within a short period of time, normally a few hours, where I expect the coin will quickly jump back a few percent. I look at the average drops from previous panic sells and then set small (nibble) buy orders, knowing I might need to layer down. I then plan how much I'm going to buy if the coin drops even lower (keeping in mind past support levels over the last 3-4 months) and I then place limit orders to buy at those levels where I think the coin could drop even further.

2) A coin has been trading for awhile back and forth within a range with periodic high spikes up & down because of low volume. I then place buy orders in advance just above the bottom of the range and patiently wait (sometimes for days) for them to be filled. Once filled I place sell orders just below the top of the range and then patiently wait for them to be filled. 

3) A coin has just dropped down to a strong base and there has been a good volume of buyers at that base in the past. In these cases I'll just take a nibble knowing that it might break down below the base, and in the cases where it does, I'm prepared to layer down. Being able to layer down properly is key!

 

I started trading using these methods on March 1st & I'd say it's been going pretty well.

 

Over the past two months since I've started, I've made 167 trades.

 

Out of those 167 trades, there were 4 of them that I broke even on

and there were 163 that were profitable!

So far I've been incredibly lucky and I haven't lost money on even one position that I've opened!

 

Most of the trades were only open for a day or two & I'm only trying to get a few % profit on each trade. 

 

So far I've only had a chance to post 150 of the trades (and I still need to post the charts with the bases for 100 of them but at least you can see the entry and exit points as examples) so please be patient and check back often and I'll be posting the rest. Once I've caught up, I'll post the trades as I make them. In the meantime, if you're interested in following my trades live, enter your email here and I'll send you them as I make them:

Here Are My Tips, Tricks, And Rules To Trade By:

 

Always do your own research and never just rely on what you hear from a friend or read on the internet!

ONLY INVEST WHAT YOU CAN AFFORD TO LOSE! Cryptocurrency investing is extremely risky! A few wrong clicks and you could lose your investment!

Once you've made your principal back, remove it from the market and play with free money.

One you've made some big gains, always take some money off the table!

You will never lose money by taking a profit, even if it's only a small one!

Just a few risky bets can bring you down very very quickly, and a lot of really good bets may take you up only a tiny bit.

Before making a trade make sure to do a google and a twitter search for news on the coin that could affect the trade. (Delistings, etc. )

Never put all of your eggs in one basket.

Always have extra cash on hand in case of real large panic drops - and have enough cash so that you can be prepared to layer down a number of times.

Once you find a coin that you like the chart of and want to trade, you can place some super-low limit orders and then just be patient and wait and see if there's a quick spike down and they get filled. 

As soon as your buy order is filled you should already know what price you want to sell the coin for and you should immediately enter a sell limit order and then patiently wait for a spike and your order to be filled. 

Remember, crypto markets are small and prices coins can be rise and fall dramatically based on news, they can be pumped and dumped, and they can be easily manipulated. If you get caught in a bad trade, know when to cut your losses. Don't be afraid to sell and take a loss. 

In my opinion, layering down properly is one of the keys to trading profitably. When layering down you should first nibble, then nibble a bit bigger, then even bigger, then pretty big, then the biggest. This is the way to turn trades where you're losing into profitable trades. 

 

Be patient - it's ok to miss a trade!

Be patient - wait for the price you want - if it doesn't happen, it's ok to miss the trade.

Remember, at the end of the day, the name of the game is to buy low and sell high. 

The following trade examples and tips are meant for EDUCATIONAL PURPOSES only and are not recommendations or advice to buy or sell any particular cryptocurrencies.

 

Below you'll find examples of all of my trades since March 1st, 2018

In the examples below, I zoomed in on the charts in order to more easily show where I made the buys and sells, but when looking for opportunities, I start by looking at one hour, 3 month charts. 

Please note: some of the examples below do not include the exchanges fees (which are pretty minimal) and some of the examples do. In most cases, if I layered down, the exchange fees are included, and if I didn't layer down, they aren't.

 

Below You'll Find Examples Of All Of My Trades:

VIB/ETH

Trade #1

2018-03-01 

Buy    0.00029250

2018-03-02 

Sell    0.00032000  

 

8.90% Profit

BCPT/BTC

Trade #2

2018-03-02 

Buy    0.00009600

2018-03-04 

Sell    0.00010500     

 

9.38% Profit

Nano/BTC

Trade #3

2018-03-02 

Buy    0.0013810

2018-03-04 

Sell    0.0014100 

 

2.1% Profit

AION/BTC

Trade #4

2018-03-03

Buy    0.0002681

2018-03-03

Sell    0.0002873

 

7.16% Profit

ENJ/BTC

Trade #5

2018-03-03

Buy    0.00001580    

2018-03-05

Buy    0.00001511    

2018-03-07

Sell    0.00001560 - note: the order was only partially filled. A big order came in right below me.

2018-03-07

Sell    0.00001559 - sold the rest an hour later  

 

0.19% Profit After Fees - Broke even to get out of this one.

XZC/BTC

Trade #6

2018-03-03

Buy    0.004829

2018-03-05

Buy    0.004726    

2018-03-05

Buy    0.004521

2018-03-07

Sell    0.004800

2018-03-07

Sell    0.004900    

 

2.87% Profit

BTS/ETH

Trade #7

2018-03-03

Buy    0.00025246    

2018-03-04

Sell    0.00026100    

 

3.38% Profit

LINK/BTC

Trade #8

2018-03-04

Buy    0.00005118

2018-03-05

Sell    0.00005350 

 

4.53% Profit

AST/BTC

Trade #9

2018-03-05

Buy    0.00003729

2018-03-05

Sell    0.00003880    

 

Sold this one about 40 minutes later for a 4.05% Profit

WABI/BTC

Trade #10

2018-03-05

Buy    0.00011830    

2018-03-05

Sell    0.00012340  

 

Note: I sold this slightly less than an hour later for a 4.31% Profit

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