Alright, let me start by saying that there is no one that is newer to learning the world of crypto than I am.  I’ve been reading, researching and trying to learn for about a month-and-a-half, and it is just now SLOWLY starting to sink in.  SLOWLY.

I thought that it might be fun to try and see if I can make gains on a spare $20 that I had by utilizing the volatility of the crypto market.  I am not going to use a trading bot (I’m personally not aware of any bot that works with a sum as small as mine); all of the decisions and losses (who knows, maybe even a small gain!) will be my own.

Iˋve tried to teach myself to read market charts, with a focus on candlestick charts as they make it somewhat easier for me to see trends.  I know, they do that for everyone, but I am so new to the trading and crypto world that I barely know what the term ‘trend’ represents…..  Iˋve watched videos, read articles, taken a short crash course, etc., all in an effort to learn.  

Lets lay out some rules that I hope to follow.  

1. I am doing all of my trading on Newton, a great platform for Canadians.  This means that I am only going to be trading in cryptos that are available on that exchange, so there will be no buying in on any pre-sales,etc.  Remember, this is just to see what I can do in a day.
2. I am starting with $20 CAN.  I will not add any extra funds into this, except for any potential profit.
3. I am aiming for a 10% gain daily.  
4. I will not leave the funds in any crypto overnight, or over a period longer than an average working day of eight hours.
5. If I have not made gains equal to 10% after the eight hour ‘working day’ time period, I will cease trading, regardless of loss.
6. I *might* stick past 10% gains if I think I see a good upward trend, but I am going to try and discipline myself and stick with 10%. (NB:  The 10% might be increased to 12% or 14% depending on fees, so as to gain a true 10%)
7. I will document the amount invested, profit or loss percentage, and profit or loss in dollar value. 
8. Any profit made will be rolled into the next days trading volume.
9. I will try and keep at least a weekly log posted on my daily activities broken down by day, but will settle for a weekly,all encompassing, update if that is all I can manage (I have a full time job that is very demanding of my time, both during regularly scheduled working hours, and outside of those hours.)
10. I will try to read and respond to any comments, but I make no guarantees…… lol.
11. I have yet to decide if this is only going to happen during the week, or if I will be participating in my little experiment on weekends.
12. I am going to do this for 30 days from the start date.
13. If I lose all of the money, I reserve the right to restart with another $20 to try and learn from my mistakes….. or not.

So, how foolish do y’all think I am for even trying something like this, especially with such a low starting dollar value???  I think itˋs pretty foolish, but am hoping that it will help me learn more about the crypto world, and trading in general.

Now, if only I could learn something about NFT’s…

T.