Day trading stocks/cryptocurrencies as an alternitative - Page 8

Doing it as I type...800$ mistake off loading ripple for cash (oops). It's impossible to beat the appreciation even if super elite trader status.


In other words, HODL. Worked for these guys; they just sat, watch porn all day into billionaire status:

https://www.nytimes.com/2017/12/19/t...edge-fund.html

Moving a bunch to cold storage....only buying and holding now.

Put in another 20k to help me get my money back. Bought at 15500. I thought that was the lowest it'd go. Within minutes the market crashed. It's now below 14k.

That's it, that's all my money. Hell, that 20k is my mom's money. I have all my savings in bitcoin now.

Please say it isn't so.

He should be fine. Recovery will be swift and he should profit.

Maybe it will, maybe it won't. It's not based on any product or history of a company the way stocks are and it's not backed by any government and is not regulated the way US banks are so any gains or losses are purely speculative and if history is any indication, none of this will end well.

Why would anyone put their life savings into this, holy cow...

The thought makes me dizzy.

What do you guys think of Ripple?

Possible that you can get an easy 5x or 10x profit?

I mean it's basically pennies, so it seems like a good one to test out...although I heard it not being decentralized hurts it.

bitcoin is recovering

I'm already at a 1k profit after buying 20k at 15.5k

It is pennies for a reason. If you do the research, I am sure you can find it.

I made an account on Quantconnect and got a book on algorithmic trading. Going to try that next.

I want to have 200k by the end of next year.

If i met that goal I'm giving my mom 40k to retire and my uncle 10k to open his restaurant.