So he just start investing in crypto about 2 weeks ago. He said his first btc is 0.0173 (worth approx. $330) at that time. After just 2 weeks, he turns it to 0.063 btc (worth approx. $1250 today). I was shock to hear he said that.
The pair he swing trade is only BTC/USD. I ask him what is his strategy. He said that he takes only 1% or 2% per trade but if it compounds, the profit will get bigger every trade. He’s done multiple trade a day.
I must noted that this is his first time trading cryptocurrency or even doing trading and I must noted that he use 100% of the balance each trade which is very risky. That’s why I am amazed by his result.
So, anyone has ever done just like his result? I see @HarryvdV and @JasonMasterNET had successfull record doing swing trade like this. What is your opinion? Is that even possible? If so, I am willing to implement that strategy but honestly I am afraid for making mistakes each trade.
I used to think HODL is the best strategy to get bigger gain, but seeing his result, my view changed a little bit.