Trading in crypto's is cool and very profitable if you do it right. However, trading real stock can also be very fun and profitable. However, lots of people think you need to start with $100,000. This could not be less true and I can say that from my own experience.
I started getting into stocks last year. I was finding my way through the stock market and came across a very successful strategy. You may have heard of it or you may not, but either way let me tell you my success story with this strategy. The strategy is called pennystocking.
As you might have seen from the name of this strategy: the stocks you are very cheap and the market cap is very small. Most of the stocks I buy vary from 0.20 to 10 USD. But the best ones are under a dollar. Why are they the best ones? Well if they break the dollar they might fill a gap of almost 1 dollar. That is 100% gain.
Now let's take an example on how this strategy is so profitable. You buy a stock at 0.90 dollars. The stock breaks out of the 1 dollar resistance
awesome
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @douwe! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit