Bitcoin Forum

Hello Pros,

What's up?

Can you please share the average weekly returns you are able to pull off with trading?

Is having a target of 30% weekly is unrealistic?

Please guide.

Thank you.

Profit depends on risks. You can gain 30% weekly, but in a short run. Remember, that people like Soros and Buffett earned yearly 25-40 % and it is a strong result. So here in crypto I would set target like 200% yearly. It is a new and mostly bullish market.

What strategy would you use or suggest? I do not believe in P&D .. bots and arbitrage works but I am not sure about them.

Dont look for profits or % of return, if you set on your mind a desired percentage of return per day, you are going to be trying to hunt that percentage and you will lose it all, just remember my words, that is how greedy works on the market

While Bitcoin is down. I will not ride any altcoins. But I do play swing trade with ETH. Where I buy from .047btc rate, and sell it to .051btc. Buy again when .047btc and sell from 0.049. For every successful swingtrade gives me a 4% profit. yep its so small. But you can rinse and repeat that. Once Bitcoin stabilized I will hold a coin until it pump to 5x to 10x.

There were days when I made over 10% and wasn't happy and days where I made 1% and felt really good about it. It all really depends. It's all relative. Not being too greedy is essential. Also set a realistic monthly goal. 10% might not seam like much, but if you don't cash out, that's 204% a year.

Right now I'm currently seeing 5%-8% gains on my trading exploits and 25% if I hit the lucky week. 30% is quite high tbh and you can't sustain it for long knowing that it isn't always a sunny day in day trading and most of the time--like what we're experiencing today--dumps are occurring unless you know how to turn those negative events into a positive one.

It is quite hard to estimate these kind of returns because the market is trending in a different direction constantly. In some weeks 30% may be good, great, or even bad depending on how alts and bitcoin are trending. For instance right now in this bull alt market you should be able to get 50%+ gains in a week (maybe not every week but a few) whereas in a bear market you would be lucky not to lose above 10-20% of your value. All depends on your style and how comfortable you are making moves when you think a market is trending.

Answers would really differ on each trader because we do have different level of risk when it comes on how much we do put on each trade we do make. Just being always said the higher the risk the higher the reward and also this would really be on case to case basis and 30% on weekly basis is really realistic target and some of people did able to get that quota for a day.Sounds impossible right? But its possible and attainable because this would be entirely depending on how we do make trades and which coin we are engage on.

Others just look for 10% daily profit from the swing of different coins.  But if you look at the altcoin market it really swings like crazy.  You can either loss half of  your fund's value today then it will hit 2x of your fund's value the other day, I guess you have to be focused on monitoring the price changes.  Look the market closely and listen to different FUD and hype out there.  This will determine your trading decision every day :)

That sound like a good strategy. I tried it a few times with BTC/USDT pair and it was quite difficult to stay on the top of it. I believe mainly because volatility of this pair.

Another thing I have observed that you should have a primary currency in mind in which you want to stay mainly.. like all of you said, not being greedy (of BTC?).. but staying in USDT and just swing trade in and out can make decent profit.

Thank you all for the replies.

The amount you target is depending on your strategy. You can aim 10% or even 100% a month. So, 30% is not unrealistic if you're a good trader.

I would say that realistically, you should expect just 10% a month to be safe. This should prevent you from losing big time as well since you do not expect too much and get crazy by doing extremely risky trades. If you are really looking at 30% per week, then it is possible, though be prepared that there would be times that you would lose 60% a week because that is also quite possible in trading.

Buy and hold is the best strategy for crypto in next 2 years :) You can set goals on  price levels, selling part of coins on each of them.