OK.
Now let's talk about my profitable trading tips and strategies.
The first strategy is taking a one hundred dollar risk for an explosive profit.
This strategy has helped me to turn a $2000 investment into $48000 in just a few months.
Well it wasn't an overnight gain but I did make this money passively without really putting forth a
lot of effort how this strategy works is simple.
I'll simply put $100 into a new promising all coins which are selling it a few pennies per coin.
I'll throw a hundred dollars into these new coins and forget them.
If one of them collapses I'll lose a maximum of one hundred dollars.
You see it's not a big deal but my game is potentially unlimited.
For example if a coin is selling at one cent per coin with hundred dollars you can easily buy 10000
coins.
Now just imagine what will happen if this coin value goes up to one dollar coin.
Well you can easily make ten thousand dollars out of your one hundred dollar investment
looking at ripple.
It was selling at six tenths of a penny.
If you had bought 100 dollars worth of Ripl or around sixteen thousand coins in early 2017 you could
have made over six thousand dollars when its value reached 38 cents a coin just five months later.
If you'd kept holding red bull until early 2014.
You could have made over $50000 when its value went up to $3 per coin.
You see turning $100 into thousands of dollars is possible in the cryptocurrency world.
What would happen if your coin value reaches $100 or even a thousand dollars like a GM.
Just do the math.
You see it's a no brainer deal.
You may think this is gambling.
And actually it's not at all.
That's because I take full control of my risk and my money.
I know exactly how much money I'll lose if I fail and I see the potential of holding these crypto currencies
and I'm willing to take that 100 dollar risk.
The second strategy that I want to talk about is that you should own multiple standard crypto currencies
standard crypto currencies or coins that you can use to buy other old coins.
Examples of standard crypto currencies are Bitcoin at theory.
Teather and Bitcoin cash more and more all coins will be used as standard digital currencies in the
future when they become more popular.
You can use technical analysis to determine market trends so you'll know if a coin value will go up
or down in the next couple of days or weeks.
Now let's consider this example.
Assume that you have both Bitcoin and a theory in your wallet.
And after doing some analysis you found that Bitcoin is in a downtrend and a theory is in an uptrend
for example.
Now you want to buy Tron or tr X should you use bitcoin or a theory to buy Tron in this case.
Since Bitcoin is in a downtrend This means that its dollar value will likely go down in the near future
and your buying power with bitcoin will decrease.
So in this case you'll want to use your bitcoin to buy Tron before its value goes down in terms of a
theory.
Since its in an uptrend or in other words its dollar value is going up in the near future you'll want
to keep holding it and make more profit.
For example in another case when Bitcoin value goes up and a theory goes down you'll want to use that
theory to buy Tron because you're buying power with that theory them will decrease and you want to keep
holding your bitcoin to make more profit.
If you have no idea about how to determine market trends with technical analysis don't worry we'll get
into that later in the next module.
OK the next cryptocurrency trading tip you can not buy the dips or buy low sell high.
If you have all your money already invested you'll leave a lot of money on the table if you invest everything
you have in all coins.
And if you don't have any funds available so you can instantly buy other coins when they're cheap.
For me I prefer to invest 50 percent of my money in standard crypto currencies like Bitcoin at 3 AM
and t'other and 50 percent and all coins.
For example if there's a new coin that's going to skyrocket in value I can easily buy it with my bitcoin
or theorie them.
In this case I won't miss any opportunities to make huge profits on the cryptocurrency market.
OK the next trading tip for you for long term investments you can buy and hold coins that can be exchanged
for tether or USDOT.
Owning this coin can help you avoid market crashes and protect your money.
What I like about this coin is that every Pather is always backed one to one but traditional currency
held in their reserves.
So one USD is always equivalent to one US dollar.
If you notice the previous cryptocurrency market downturns you would find that every coin's value went
down by at least 20 to 50 percent.
But tethers value stayed the same which is equivalent to one U.S. dollar.
So the strategy is that when the whole market is crashing.
What I want to do is to convert all of my investments into Teather to protect my money.
And when the market starts going back up I'll buy the depths and make huge profits.
And the final tip for you is don't join any cryptocurrency trading groups or communities.
The reason for this is simple.
You don't want to be affected by other people's emotions and opinions.
Most people coming into the cryptocurrency world have no trading background or experience.
They buy crypto currencies as a way to get rich quickly but they have no idea about what's going on
with the market.
So this means those people are gamblers and they can be easily affected by their emotions and eventually
make bad investment decisions.
By taking this course you know everything you need to become a profitable investor.
So just believe in yourself and all the strategies you've learned here and make sure you make investment
decisions on your own based on your own analysis and strategy.
In the next lecture I'll talk about the best trading tool that you can use to perform your technical
analysis.