WEBVTT 00:05.630 --> 00:06.190 OK. 00:06.320 --> 00:10.980 Now let's talk about my profitable trading tips and strategies. 00:11.030 --> 00:16.850 The first strategy is taking a one hundred dollar risk for an explosive profit. 00:16.850 --> 00:23.960 This strategy has helped me to turn a $2000 investment into $48000 in just a few months. 00:23.960 --> 00:29.420 Well it wasn't an overnight gain but I did make this money passively without really putting forth a 00:29.420 --> 00:33.260 lot of effort how this strategy works is simple. 00:33.260 --> 00:39.980 I'll simply put $100 into a new promising all coins which are selling it a few pennies per coin. 00:40.220 --> 00:44.350 I'll throw a hundred dollars into these new coins and forget them. 00:44.450 --> 00:49.230 If one of them collapses I'll lose a maximum of one hundred dollars. 00:49.250 --> 00:56.560 You see it's not a big deal but my game is potentially unlimited. 00:56.590 --> 01:02.980 For example if a coin is selling at one cent per coin with hundred dollars you can easily buy 10000 01:02.980 --> 01:04.280 coins. 01:04.300 --> 01:09.230 Now just imagine what will happen if this coin value goes up to one dollar coin. 01:09.460 --> 01:13.440 Well you can easily make ten thousand dollars out of your one hundred dollar investment 01:16.150 --> 01:17.170 looking at ripple. 01:17.230 --> 01:19.860 It was selling at six tenths of a penny. 01:19.990 --> 01:26.710 If you had bought 100 dollars worth of Ripl or around sixteen thousand coins in early 2017 you could 01:26.710 --> 01:33.400 have made over six thousand dollars when its value reached 38 cents a coin just five months later. 01:33.400 --> 01:36.440 If you'd kept holding red bull until early 2014. 01:36.610 --> 01:42.190 You could have made over $50000 when its value went up to $3 per coin. 01:42.430 --> 01:48.650 You see turning $100 into thousands of dollars is possible in the cryptocurrency world. 01:48.910 --> 01:54.690 What would happen if your coin value reaches $100 or even a thousand dollars like a GM. 01:54.760 --> 01:56.010 Just do the math. 01:56.820 --> 01:59.940 You see it's a no brainer deal. 01:59.970 --> 02:01.650 You may think this is gambling. 02:01.920 --> 02:03.930 And actually it's not at all. 02:04.020 --> 02:08.320 That's because I take full control of my risk and my money. 02:08.400 --> 02:14.450 I know exactly how much money I'll lose if I fail and I see the potential of holding these crypto currencies 02:14.910 --> 02:17.740 and I'm willing to take that 100 dollar risk. 02:20.070 --> 02:25.650 The second strategy that I want to talk about is that you should own multiple standard crypto currencies 02:26.580 --> 02:31.230 standard crypto currencies or coins that you can use to buy other old coins. 02:31.230 --> 02:35.070 Examples of standard crypto currencies are Bitcoin at theory. 02:35.230 --> 02:41.510 Teather and Bitcoin cash more and more all coins will be used as standard digital currencies in the 02:41.510 --> 02:46.740 future when they become more popular. 02:46.830 --> 02:52.260 You can use technical analysis to determine market trends so you'll know if a coin value will go up 02:52.260 --> 02:55.830 or down in the next couple of days or weeks. 02:55.830 --> 02:58.260 Now let's consider this example. 02:58.260 --> 03:01.860 Assume that you have both Bitcoin and a theory in your wallet. 03:02.010 --> 03:08.370 And after doing some analysis you found that Bitcoin is in a downtrend and a theory is in an uptrend 03:09.120 --> 03:10.080 for example. 03:10.080 --> 03:17.830 Now you want to buy Tron or tr X should you use bitcoin or a theory to buy Tron in this case. 03:19.600 --> 03:25.670 Since Bitcoin is in a downtrend This means that its dollar value will likely go down in the near future 03:26.020 --> 03:29.980 and your buying power with bitcoin will decrease. 03:29.980 --> 03:36.790 So in this case you'll want to use your bitcoin to buy Tron before its value goes down in terms of a 03:36.790 --> 03:37.540 theory. 03:37.810 --> 03:43.150 Since its in an uptrend or in other words its dollar value is going up in the near future you'll want 03:43.150 --> 03:45.920 to keep holding it and make more profit. 03:48.560 --> 03:54.800 For example in another case when Bitcoin value goes up and a theory goes down you'll want to use that 03:54.800 --> 04:00.830 theory to buy Tron because you're buying power with that theory them will decrease and you want to keep 04:00.830 --> 04:04.140 holding your bitcoin to make more profit. 04:04.350 --> 04:09.720 If you have no idea about how to determine market trends with technical analysis don't worry we'll get 04:09.720 --> 04:11.830 into that later in the next module. 04:14.320 --> 04:21.660 OK the next cryptocurrency trading tip you can not buy the dips or buy low sell high. 04:21.730 --> 04:27.580 If you have all your money already invested you'll leave a lot of money on the table if you invest everything 04:27.580 --> 04:29.080 you have in all coins. 04:29.080 --> 04:34.580 And if you don't have any funds available so you can instantly buy other coins when they're cheap. 04:34.580 --> 04:40.160 For me I prefer to invest 50 percent of my money in standard crypto currencies like Bitcoin at 3 AM 04:40.160 --> 04:43.790 and t'other and 50 percent and all coins. 04:43.910 --> 04:49.550 For example if there's a new coin that's going to skyrocket in value I can easily buy it with my bitcoin 04:49.580 --> 04:50.720 or theorie them. 04:50.960 --> 04:56.250 In this case I won't miss any opportunities to make huge profits on the cryptocurrency market. 04:59.190 --> 05:05.640 OK the next trading tip for you for long term investments you can buy and hold coins that can be exchanged 05:05.640 --> 05:07.960 for tether or USDOT. 05:08.310 --> 05:12.530 Owning this coin can help you avoid market crashes and protect your money. 05:13.530 --> 05:19.560 What I like about this coin is that every Pather is always backed one to one but traditional currency 05:19.560 --> 05:21.050 held in their reserves. 05:21.330 --> 05:27.300 So one USD is always equivalent to one US dollar. 05:27.320 --> 05:32.720 If you notice the previous cryptocurrency market downturns you would find that every coin's value went 05:32.720 --> 05:35.240 down by at least 20 to 50 percent. 05:35.450 --> 05:41.220 But tethers value stayed the same which is equivalent to one U.S. dollar. 05:41.250 --> 05:44.640 So the strategy is that when the whole market is crashing. 05:44.640 --> 05:49.790 What I want to do is to convert all of my investments into Teather to protect my money. 05:50.070 --> 05:55.600 And when the market starts going back up I'll buy the depths and make huge profits. 05:57.910 --> 06:04.300 And the final tip for you is don't join any cryptocurrency trading groups or communities. 06:04.300 --> 06:05.830 The reason for this is simple. 06:05.920 --> 06:10.140 You don't want to be affected by other people's emotions and opinions. 06:10.160 --> 06:15.250 Most people coming into the cryptocurrency world have no trading background or experience. 06:15.500 --> 06:20.750 They buy crypto currencies as a way to get rich quickly but they have no idea about what's going on 06:20.750 --> 06:21.690 with the market. 06:22.630 --> 06:28.450 So this means those people are gamblers and they can be easily affected by their emotions and eventually 06:28.450 --> 06:30.620 make bad investment decisions. 06:31.270 --> 06:36.520 By taking this course you know everything you need to become a profitable investor. 06:36.610 --> 06:42.790 So just believe in yourself and all the strategies you've learned here and make sure you make investment 06:42.790 --> 06:47.170 decisions on your own based on your own analysis and strategy. 06:48.370 --> 06:53.320 In the next lecture I'll talk about the best trading tool that you can use to perform your technical 06:53.320 --> 06:54.090 analysis.