/biz/ - Business & Finance

Question. I'm a newbie to Crypto with 8k XRP. I use Coinbase. Am I in any *real* danger of losing my crypto if this 2k EOY turns out to be real?

>>22253146
Meeeeeee

>>21382868
ive got 80 OCEAN and theyre up 35% in the week since i copped, but is it enough for me to make it?

How much fiat are you holding?
When will you buy back in?
What will you buy?

>>1968554
Well, since ive been consistently green for 6 days now. i will pass my knowledge.

How to profit and day trade off ETFs with under 25k.

First, the most volatile ETFs are:

UGAZ and DGAZ
UWT and DWT
JNUG and JDST

I try to study these candle charts as much as possible on investing.com. Gas and oil have a huge community on investing. For JNUG and JDST, just read stock twits, since they get a 100 comments a day for both.

Cant say much about technicals. You just start to get a feel for it after staring at candlestick charts for so long. Youll learn to detect trends and bottoming out.

There are 3 ways to buy and sell to avoid day trade limit

1. I have $2000. At 930, i buy $1000 of JNUG. JNUG rises 5% till 1030. I then buy $1000 shares of JDST. Now, I have collected 5% increase of JNUG, and will not have to worry about overnight fuckups that ruin my money, so I can sell both off the next day with 5% return. NEVER hold an ETF for more than 24 hours to prevent decay.

2. I buy $1000 of JNUG and $1000 of JDST at the same time, and then i wait till tomorrow. At 930, i think JDST, so I sell JNUG, also, I use the money from JNUG to buy UGAZ, since I think both UGAZ and JDST will rise for the day. So, at 1030, I seel JDST with 5% return, and buy DGAZ, to also have a 5% return from UGAZ to keep to the next day.

3. This one is for damage control. I buy $1000 of JNUG, it falls 5%, and I lose profit. In order to prevent as much damage as possible, i wait for it to bottom out. An ETF usually bottoms out at 12 pm and then either stagnates for flip flops. I then use the remaining $1000 to buy the bottom.

All three methods have saved me in dicey situations, and have not been red since.

>>1958157
Uhm. Okay?

Except, i monitor the crude oil and natural gas features on investing.com, and ugaz and uwt literally track them exactly? Also, etfs dont track futures, they track commoditie stocks im pretty sure, like jnug.

And again. I told you morons: i dont hold these for more than 24 hours. Why you keep on ignoring this fact?

>>1904033
yo my man, what did you invest in today?