/biz/ - Business & Finance

Bump for interest. Starting my first real wagie job tomorrow and I'm interested in wasting money on shitcoins.

>>16069603
Don't go for overrated shitcoins.
Look for sleeper coins with low market cap and promising future. They can blow up and make you rich overnight. Try Ark, Algo and Mda

>>16069582
are you good math?
no - dont do it
are you really, really good at math
then maybe, but it will take you at least 6 months to get decent at it. and only do very small amounts until you hit the 6 month threshold

>>16069657
WAU coin on waves DEX
shit always goes up but volume is low so you have to use sell orders to cash out

>>16069754
You're right, WAU is decent gains.
Swap MDA for that.
WAU, ARK, ALGO. That's good choices

>>16069582
Yes I will tell you.

What you wanna do is find a nice stable coin. Hard but doable. No I won’t tell you what ones. You find two reference points but you are trading on BTC value remember, goal is always to have more BTC.

Anyway once you have you reference points you want want to find your buy and sell points here. Ofc if you are better you can do more trades but I can do
maximum two trades in a day usually, talking small profits. So I am currently making around $20 a day off of a $1000 BTC stack. My goal is always to increase the BTC stack and the other coin I have, I don’t worry about USD but I am hoping both of these coins will long term go up so say if the alt coin I’m trading at happens to moon while I’m in BTC it’s not the worst thing as I’m still in BTC and vice versa. It’s slow but the higher stack you get the more profit you will make per trade however it also gets harder to buy/sell because of the volume.

Some tricks you can use are looking out for announcements. If you are really confident in the coin don’t trade but if you are just looking for daily consistent profit try to not get too greedy and make your trade while taking some tasty profit. For example there was one week where I was making $100 a day off of trading because of the announcements.

Second tip is trying to trade using volatility of BTC to help you. For example before this BTC pump I got out of my alt coin into BTC and watched the sats of my alt coin plummet. I then bought my alt coin back up and increase my stack by a decent amount.

Now obviously you won’t make insane amounts but $20 a day covers my food minimum + I take out $10 a day in cash and collect it at home when I do a good trade so I can see my results. It’s slow but it’s sometbing and the best thing is it is safe because the alt coin + BTC are relatively stable at this point, so if I get stuck in either one if one happens to
Moon I am ok. Downside is if they crash but risk has to be taken

>>16069909
Thanks for the post, fren. This board really hates giving advice. How long have you been doing this? I've spent the last week watching and reading tutorials and guides, did a few small test trades. My capital is also 1000€, but I don't plan to trade with that sum yet. Will start with 100€ and then move up as I gain confidence. Really want to try shorting asap but I'm 100% certain I will mess up and lose money so for now I'll just work on gaining more experience, knowledge, capital and confidence by day trading and maybe look for some opportunities to long promising alt coins. How much capital did you start with and how much have you accumulated in all this time?

>>16069582
here are useful tip sir

>>16070359
more good informations sir

buy high sell low sir it's the only way

>>16069818
You're a symbol of raw honesty and ultimate truth!

>>16070359
>>16070366
Thank you sirs. Many blessings upon you.