[CryptoDiary - Day 1] My first few Trades as a Day Trader and Upcoming ICO's
Hey SteemNation 🤘
I'm John. I work in Dev/Growth/Data for a startup in San Francisco by day and by night I crunch numbers to see what my next trade will be. I started trading Fiat back in my University days. It payed my rent + some leisure but quickly became kind of boring. Who wants to listen to Bernanke all day and keep up with all the political turmoil that is happening. I stopped after a ~480% of my initial investment.
Now, Crypto is not much different. There is Turmoil ~ There are influencers that move markets ~ There is great opportunity in trading the news, but, Its Crypto. Although it has the same attributes, the sentiment on trading "decentralized" (most of the time) assets vs Government owned assets adds a very positive connotation to it. Factoring in the Tech side of things and how everything is so "new & shiny" really did it for me and I decided to start trading again.
I know that I'm very late to game. I first heard about bitcoin around 2014 but didn't give it much more though, to my loss. (If I had invested $3, 000 in 2014 I would have made $49,314 in profit, that's 1,644% ROI). I picked up my first few currencies around August 2017. Got a bitcoin when it was ~ $3400, some NEO & some ETH.
My initial Plan was to contribute 30% of my monthly pay-check to my portfolio dividing it into my Tier 1 bucket list:
And I have been doing that for almost half a year now (more or less).
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But last week I had enough of passive Hodling and wanted to trade, play the game & WIN BIG. Yes, thats how I imagine it will go. I started my first trade 2017/12/1 and to dato my returns where 17.88%, with an average return per position 4.47% and a 2 day average position length.
I'm in far to many Telegram Groups for Signals, soaking up information and trading strategies on Steemit, Reading whole subreddits about upcoming events & News. I'm in!
I started this Blog because:
- I Believe Steem will be massive. Its a disruption for traditional writers and how they get paid for the content they produce.
- I want to document my Journey from A-Z. Not only will I have a nice Diary to read when I'm a Millionaire (yes, thats how I imagine it will go) but I hope I can also contribute to the public knowledge about Trading & Cryptos in general. If with every Article I can help at least 3 people my EROI (emotional return on investment) should be: 365 Days x 1 Article x 3 People Helped = 1,095 People Helped. That sounds good to me.
I'm currently working on a program to measure overall sentiment across Reddit / Twitter / Telegram & Trading Volume Surges for the top 100 Cryptocurrencies. I'm trying to create an "algorithm" that catches uptrends before they are fully started.
I have 4 trades behind me and 3 open ones.
More tomorrow,
my food just came ✌️
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