Surprisingly enough, after I used BTC quite a few years ago for nefarious purchases through silk road I completely forgot about it up till roughly March of this year. A few months before my reintroduction I came across a couple platforms that paid for taking surveys (Cha-Ching) Weekly beer money was my goal! Needless to say, I found Survey Junkie which IMO was perfect for some beer money since each survey you would earn at a very minimum $0.10 since that is what they pay if you get disqualified.
Well, enough with the boring ass beer money story. I really liked Survey Junkie so I was searching for other similar platforms and the first thing I came across was Cointiply, 3 months of use and I made $18 without much work. I was then introduced to the Coinpot faucets and began using those as well. To make things short, I began a quest for finding the best places to earn free cryptocurrency.
A Change In Pursuit
After I began accumulating a decent amount of certain coins from COINTIPLY and coinpot, I was hospitalized for a little over a week and almost lost my life, the doctors said they couldn't believe I drove myself and walked into the hospital since they estimated that my appendix had burst two days before my arrival. Well, While I had time and was flying high in a hospital bed I decided I would begin delving deeper into the crypto space as a whole.
A New Future Begins
The amount of time that I spent researching and continuing to earn crypto in the hospital completely changed my mentality of my goals and aspirations in regards to cryptocurrency. I still utilize the Survey Junkie for some pretty high paying surveys and at least once or twice a day to take a 1 minute survey for 10c. However, As far as the earnings I make from different websites, I am no longer just hodling them and I have began trading them. This trading is currently limiting the time I used to have for the earning sites, but I am making FAR more returns by trading and it has become something that I greatly enjoy doing.
Beginning Analysis
HUGE Shout-out to MadMaxx here on PUBLISH0X for helping me out with his free incredible educational telegram channel, and DISCORD Community coming soon!
For those of you who have read my previous posts about my trading journey know that I have been working with MadMaxx for a short period of time now and the results I have produced since I began working with him have been nothing short of amazing.
For Example, the other day I decided I wanted to take on a challenge to myself and find a coin, properly chart it, and perform a technical analysis to determine my entry point, my stop loss (how much I am willing to lose if it dumps), and my target(s). Out of respect for MadMaxx I will not be posting my technical analysis here since I would not have been able to do this without his teachings.
Well, I happened to analyze a token which we had taken some profit on before. From my analysis I noticed a long downtrend after reaching it's ATH and resistance was only tested once or twice on it's decent. Multiple other markers on the chart suggested at least a near term price spike before correcting.
With this analysis I decided a good entry point was @1600 sats, my stop loss was @ 1550 sats, and my first target was @2000 sats second @2400 sats. This turned out to be a lot crazier than expected, The price rose so fast neither of my targets were filled and I was on the verge of passing out. The price was holding steady around 2500 sats but I didn't want to risk setting a stop loss and it not getting triggered and seeing as I was about to pass out I decided to sell @2448.
Now both fortunately, and unfortunately, when I awoke in the morning the price had fallen below my sell point and below my stop loss which I had set to take profit but the unfortunate part is if I could have stayed awake another few hours I could have make 100% profit on that trade. All in all, I have to say that I felt pretty damn good after analyzing my first chart, actually taking the trade, AND making a pretty decent profit.
Thanks for reading about my trading journey and my excitement on my first analysis!
