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RE: I've learned my lesson, time to step things up by indigoocean

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· @indigoocean ·
I also find swing trading to be lucrative, though I've stopped doing it because it simply requires more focus than I want to have on the crypto markets from day to day. I'd rather forgo those potential gains so I can spend my life focused on something else. But when I was doing it, I was making a lot of money. A particularly good coin for swing trading is any that consistently trades within what seems like a narrow range in terms of dollars (low price), but is actually a huge range in terms of percentage.
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@overkillcoin ·
A small cap crypto then... Like $IOST for example?
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@indigoocean ·
I don't know that one. I can't remember exactly what I was trading before, and haven't done this in many months. I lost interest after about 2 months of doing it, but in that time turned $1000 into $4000, so that seemed successful to me. Just not worth 2 months of my not focusing on what I want with my life!
👍  
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vote details (1)
@overkillcoin ·
$0.11
There was an incredible upsurge in alts between Dec. 6th and 13th, but I was up to my neck in animation :-/ 

I'll keep looking at the charts, I see them often, but there's always something new that I've overlooked... easy to do... thanks :)
👍  , , , , , , , , , , ,
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vote details (12)
@indigoocean ·
$0.02
... but it has to be a small cap crypto that also trades within a range. Just look at the charts to see that. A lot do that, at least this past year anyway. Then you just keep setting 2 orders at a time, a buy and a sell, bookkending that range. I typically would go within more like 10% of the top and bottom of the range, just to speed up my order being filled. 

When I stopped doing it I sold out into BTC though, because you can't hold a coin of this type and not expect to lose money over time.
👍  
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