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So I reinvested all my profits from trading crypto.

I did this for 18 hours.

I've done a similar experiment before, but that one was to pay back all my losses.

Check out the Psycho Crypto blog to see that post. It was really exciting!

But this time, I reinvested ally profits.

This is usually a bad idea, because things can go south for you in the long run.

But I did it anyway.

The rules were simple. I would trade carefully to make ONLY profits(which means less trades) and I would proceed to reinvest those profits along with my principal into the market.

I needed my iMac pro 2015, my Bitfinex platform and $50 starting capital (I bought a lot of bitcoin since its last dip, so I'm pretty broke now)

How did I fare?

Pretty ok, I guess.

For the 1st 3 hours or so, j was just watching the monitor, waiting for something to happen.

Needless to say, nothing happened.

But 5 or so hours later, I made about 0.5% profit(0.8% actually, but Bitfinex takes a total of 0.3%)

Then Bitcoin started some kind of takeout, but I was able to ride the wave and get out on time. I made about 0.6% on that trade.

At a total of 1.1%, I had made about $1, which was pretty bad for a day trader.

But because of how safely I was trading, I missed a lot of upward moves, and I got in on some trends too late.

Anyway, that was my experience!

Leave your thoughts in the comments, and if you have any experiments you'd like me to do, leave them there as well.