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Daily Trading Whatever Profits You've Made?

Discussion in 'Off Topic' started by shawn1119, May 1, 2020.

  1. shawn1119

    shawn1119 New Member

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    I've been taking daily, oftentimes hourly profits of 1 to 2% off the top and turning them into cash. Started two weeks ago, so far have made about 35% of my original portfolio. So far I've been just paying bills with the extra money but plan on reinvesting in order to get higher daily returns. Anybody else doing this? Any potential problems down the road?
     
  2. shawn1119

    shawn1119 New Member

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    I've invested into 17 of the top 20 altcoins as far as market capitalization goes. Each has an equal cash value and I check several times a day to see if any balance has risen past the initial investment. If it's risen at least 1%, I sell equal to the cash value. Averaging 1.86% of my portfolio for almost a month at this point. At the end of each week, I transfer to my bank any cash I might need to pay bills and then reinvest the rest. The fees are 0.03% combined for both buying and selling. Anybody else doing this? Is there a name for it?
     
  3. SmDianne

    SmDianne New Member

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    I only invested my money and time in 5 currencies and now I only manage 3. I only had the plan to keep money in case I needed it for new investments or to complete some goals by taking less than 15% of the total amount of each account. Then I replenished it in short time. This is my method and it has worked for me because I have a quick recovery from my savings.
     
  4. XadRex

    XadRex New Member

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    What exchanges do you use? I'm interested into trying this alternative
     
  5. GrandMMuffin

    GrandMMuffin New Member

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    Well, my profits are a little low, but I’m hoping that will change at some point. I started with a small investment and continuously checking if everything keeps increasing its value for when the time is right to invest in some franchise or something that allows me to save money with my family.
     
  6. EliGills

    EliGills New Member

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    I want to try this but need to do a lot of research first

    Exactly!, I don;t have that much but I'd like to invest a little and see what happens.