Apr 17 2017, 07:35 PM
QUOTE(wengherng @ Apr 17 2017, 03:53 PM)
I can try to keep adding to the first post, just tell me when your guidelines are done! 
The reason for 10 - 20% is because it is very easy, and from the past few weeks' observation, you can easily trade 5 times x 20% profit to get a total of 100% profit in a short period of time (maybe 1 - 2 weeks) instead of waiting for it to shoot to 100% which is more difficult and may take a much longer time to happen (if it happens).
But on the other hand, many of my coins have been going up steadily and in an upward trend so I am also reluctant to sell.
So many coins to choose......so little money to buy them with......
One more thing is that I am actually starting to get a bit concerned with the amount of money I am leaving in Poloniex.
Since I don't have too much in any one coin (except for BTC and ETH), I am currently just leaving them on the exchange......but I am terrified of what would happen if Poloniex suddenly shuts down one fine day, or hacked, or my holdings stolen by the Poloniex administrators, or something drastic like that.
There aren't any hardware wallets that support most of the altcoins, either.
1st and 2nd post getting too long. I have sent another request to a staff member to see whether can add post. I distinctly remember last time that mod can add post when I did my old guides. Maybe the rules have changed. Will await the reply. The reason for 10 - 20% is because it is very easy, and from the past few weeks' observation, you can easily trade 5 times x 20% profit to get a total of 100% profit in a short period of time (maybe 1 - 2 weeks) instead of waiting for it to shoot to 100% which is more difficult and may take a much longer time to happen (if it happens).
But on the other hand, many of my coins have been going up steadily and in an upward trend so I am also reluctant to sell.
So many coins to choose......so little money to buy them with......
One more thing is that I am actually starting to get a bit concerned with the amount of money I am leaving in Poloniex.
Since I don't have too much in any one coin (except for BTC and ETH), I am currently just leaving them on the exchange......but I am terrified of what would happen if Poloniex suddenly shuts down one fine day, or hacked, or my holdings stolen by the Poloniex administrators, or something drastic like that.
There aren't any hardware wallets that support most of the altcoins, either.
I guess that's also true. Each strategy has its advantages and disadvantages.
For me, I have made up my mind that I will not be in a situation where I regretted selling my coins for pitiful gains in terms of cryptocurrency standard. I'm sure a lot of people who sold BTC when it was 10,000 a pizza had regretted doing that. Hence the HODL strategy regardless of minor price increase. For me, I think that there has NEVER been such an opportunity in the history of mankind
for us common people to get ridiculous astronomical gains from an investment. Like I was saying some time ago, it is like having the opportunity to invest in a startup company that has the potential to become google or facebook. Of course, trading at the sides will help keep boredom away! 
Me too. Previously, I will balance my account on Polo. Whatever I send to Poloniex, I will transfer out some to my hardware wallet. Now I can't do that as my hardware wallet doesn't support other altcoins (as you have rightly mentioned).
That's why I'm considering using another trading platform like Bittrex to reduce too much coin on one exchange. Not decided yet. I also limit my daily transfer out limit to the minimum (which is USD 2,000) which I NEED to check daily to ensure nothing was transferred out.
Other than that, I don't know what else I can do unless I resort to online or paper wallets.
This post has been edited by kmarc: Apr 17 2017, 07:38 PM
Quote
Almost all altcoins are still generally on the upward trend. I wanted to add a bit yesterday (those deep discounted coins) but no bullets. 
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