RATE Group | Veteran Trader Shares Tips on how to Profit from Bitcoin and Altcoin investing
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Veteran Trader Shares Tips on how to Profit from Bitcoin and Altcoin investing

Veteran Trader Shares Tips on how to Profit from Bitcoin and Altcoin investing

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Successful traders treat trading like a business and part of treating your trading like a business involves keeping a journal. While everyone has a different format and preference, I generally use an Excel spreadsheet to help with calculations and provide organizational clarity.

Crypto investors are always curious about each other’s positions and typically these conversations take place in private DMs and telegram chats. The goal here is to provide some transparency on my trading routine and I hope traders find the process of observing each step of every trade educational. 

Trading position sizes are redacted, but they are always calculated based on a 1% portfolio loss using the stop loss and entry as a guide. 

Chainlink (LINK)

Entry: .00016499 Satoshis (sats)

Targets: .00018564 (sats) for an 11% gain near the top of weekly demand zone and .000224 (sats) for a 26% gain near the bottom of blue resistance (see chart). 

I’ve placed a stop loss at .00016064 (sats) which equates to a…

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