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/biz/ - Business & Finance

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8669918 No.8669918 [Reply] [Original]

how to make 5% daytrading shitcoins in this market?

>> No.8669945

>>8669918
>buy low
>sell high
>???????
>profit

>> No.8669988

You literally can't, unless your shitcoin happens to get great news, which would pump it 5% in total.

The only way to make money is to gamble on bitmex.

>> No.8670090
File: 116 KB, 2782x586, recent trades.png [View same] [iqdb] [saucenao] [google]
8670090

>>8669918
Want me to tell you? Pic related is the last trades I did over past 2-3 days. I've just been screwing around so a few trades might be close to almost nothing in +%'s but I haven't lost a trade in a while. I made around 10%ish today.

>> No.8670117

>>8670090
I missed something between pages 1 and 2 but you can connect those dots. Note - I'm hardly making any money basically breaking even USD wise but I increase my stacks by a lot so when bull market comes along I will make much more profits.

>> No.8670206

>>8669918
Just go to the 5% day machine and ask for a 5%.

>> No.8670282

>>8669988
Or use an exchange and short with reasonable leverage.
100x is a meme and not reasonable leverage

>> No.8670300

Buy ethereum now and sell it when it raises again.

>> No.8670317

>>8670300
try this as well but let it drop more, try to nab @ 350-360

>> No.8670755

>>8670317
I got impatient, so I bought at 418, but I honestly think we'll see a decent rebound by the summer time.

>> No.8670792

>>8670755
Yeah I'm confident we will. Patience is the name of the game though and it can be the difference between making 50k or making 70k at moments like this.

>> No.8670902

>>8670792
I'd be happy with 1k. :')

>> No.8671060

>>8670902
Then you're in for a pheasant surprise ;)

>> No.8671295

Sell above 7k, buy in below 6,8
Repeat until bullrun occurs and you get left behind losing all that extra doosh u made

>> No.8671398

Ive been shorting BTC this whole time. I’ve been teaching others and I’ve gotten my neighbors and coworkers into shorting the market and we are all making a lot of money together shorting BTC and Ethereum. I’m really popular now among my friends because I’m making so much money from shorting the market, a lot of them are making accounts in bitmex now because of me. I can’t wait for this bear market to continue for the next 5 years until I have enough money from shorting to buy a house and hopefully a nice car. Shorting is the best guaranteed way to make money

>> No.8672018

>>8671398
>I’m really popular now among my friends because I’m making so much money from shorting the market

Breh, I'm not going to tell you who's your friend and not your friend but if you're popular and people are being your friend simply because you made them money doesn't quite make it a genuine friendship.Glad you're doing well though.

>> No.8672035

it's simple: just don't fuck up!

>> No.8672089

>>8669918
Load up trading view
Add a Keltner channel indicator.
Change the multiplier from 1 to 2, 3 if you want to be absolutely safe.
Buy when the price hits the bottom channel, sell when it hits the top channel. Use margin for extra gains.
Do not get discouraged when you buy and it keeps going down or sell and it keeps going up. This is fine, you will not win 100% of trades but you will win the majority of them and that is enough.

Keltner channels are the most braindead way of making money trading. I have no idea why /biz/ never talks about them. They're like bollinger bands but 10x better.

>> No.8672113

>>8669918
Not sure about 5%, but if you want 500% you should buy Fabric Token