Bitcoin Forum

hi,

I've seen one great performance of 142% profit out of one month of trading, my first trading month profit is 21% hence also my current personal best, what's yours?

You can change your vote if you exceed your performance whenever it'll be the case :)

No, I'll not create a similar topic for loses, let's stay positive :D

cheers

I had a "more than 150%" month... once :D

Good thou that you didn't make a similar topic for losses, as the results there would be higher :D :D :D

In general, I'm moving between positive and negative months; still, the final balance is nicely positive.

Within this one month I feel there have been some developments, where every month I receive 50-60% and that is enough for daily needs and cover during the ongoing pandemic. I am much more used to it than before, this is because there are very significant market movements from day to day. so that I have started to get used to reading the trading conditions for a period of one month.

Trading with percentage of profit in mind can be dangerous because it tempt you to greater and unnecessary danger. Gradual and consistent profit is better than gaining 200% at the month and loosing 300% the next time. Better make small percentage and not aim for higher gains. Anything around 30-50% is good business at the end of the month.

I think I got like 500% profit in just 7 days in 2017. Where any new ICO that get listed on exchange is still profitable to trade and they can get pumped after a while when the bounty hunter already sold their money and yeah for a regular trading I just set my own goal like 25% per month, so if I have $250 on trading then I should expect to get $62.5 every month. It's maybe too little for some people but hey at least it's convenient for me.

I'm not looking at my % at most but it was a good gain. It will just lead us to much more expectation.

It's really amazing when we see our respective portfolio having huge gains but for me, what should we only focus on is to get a better result for every each of our trades. We might be pumped seeing our huge gains and forget how to focus and maintain the momentum.

With the market showing an uptrend, we can see over 100% profit gain by most of the people here not just within a month period.

Don't get me wrong but try to not get too excited. I remember how I started trading. There was a bull market, everything was growing, I was making a lot of money, I could not believe that the statistics (the average trader makes about 6% per year) are so easy to break. I was doing xx% monthly easyly. I felt like a god of trading and when I look at it in now, I know that even a monkey buying randomly would make a profit then.
This is characteristic for a bull market. It's the same now. Don't let your brain to turn on god mode. Don't bet your future on trading by extrapolating current profits into the future. Soon there will be a correction, a bear market, a bubble burst and the bull market childrens will lose everything they have earned along with what they put in trading. Thats hwo it usually ends.

Back to OP question. Many times +100% out of my algo trading strategy.

I am inconsistent and I don't intend to say how much it is. If you're asking this for the sake of inspiration, that's good for you and you have already made a good percentage just for your first month.

As you say, be positive and keep it.

Just don't be discouraged if the times of loss come to you because just like me, it's possible that you'll become inconsistent at one point.

As I remember during 2017-2018 I had earned 150% profit in few days (Around 3-5 days). But yeah many times I have seen my invested amount rised 5-10X but I did not get any profit from there for my greediness. And now that investment is now touching flour. (It’s my bad actually)

Btw as I think 30-50℅ should be a normal expecting profit in 1 month period.

I've had upsides of 5000% in potential profits in 2017. Unfortunately, I was stupid enough to hold then as they went down because I thought some of them were "good investments". I still cringe when I think of it today. Ended up garnering 400-500% in BTC profits. Still really not bad, but good lord I was stupid.

10-20% is the real expected profit from trading. Everything over that requires great luck and this can be considered extra profit. Also, when the price fluctuates +150%, there is to be expected a big dump and high loss in risk.
Usually, altcoins ^shitcoins can have some unrealistic growth, but they certainly carry the greatest risk when holding it. I am trying to stay away from it, everything out of the top 50.

Lol, IIRC I invested around 200-300$ and buy an alt coin during 2017 bullish market. And it went to 7000$ in few days. But what a stupid I was, still I am holding that coin and it now worth of 20$ even lower maybe. Lol.


Agreed. :)

I can be a bad trader but I have my daily target is 1% to 5% of profit from with I aim to get a lower and upper band of profit each month at 30% or 150%. Honestly, I feel satisfied if I can earn 2% profit each day and end with 60% each month. Some days I can get more than 5%, but some other days I stay outside the market as my priority is capital protection first.

I do my work every day and I don't expect to get a free profit-drop in one night: sleep, wake up and get huge profit >100%. I don't expect such.

If you have your humble target like mine, and have a good methodology and good discipline, you will regularly make profit.

Lesson learned: don't be emotionally attached to your investments. Hyped up cryptocurrency projects come and go, and it's mostly just BTC that matters in the end. Don't be a total dumbfuck like me.

Precisely. Many forget that the only way you can profit from your trade is when you sell.

I mean, hodling is fine if you believe in the coin and think it has a bright future, but if you want to profit you have to sell it at some point.

I am not trading on a regular basis as i am patient enough to wait and i have made profits in almost of the major coins in the market ranging in 3000% and sometimes even more, i never had any major losses in the market but there were times during the ICO boom that i was too greedy to hold for a much longer time and had to book the profit at a much lesser profit. Lessons learned and move on and now i am holding only top coins and waiting for the right moment to book my profit and it will be well above 150%.

Is this in BTC terms or USDT terms? Because I once made 600% in USD but that wasn't in btc, btc was less because btc price increased a lot as well during the same period, which meant I made a profit in btc a bit but I also gained from btc going up.

I turned 0.15 btc into 0.35 btc so it was just a bit over 2x normally, but at the same period bitcoin went super high (this was old times) so I made a total of 6x in USD and a bit over 2x in BTC that month. That stays as the best month I ever had in crypto, I did made a bigger profit in longer period of time, just even recently I bought bitcoin at around early April, and still hold it, so that is great but it wasn't one month profit, it was a profit for the whole year so I can't say I profited in a month. That personal best will probably never be broken, that was just surreal and I doubt I can replicate it.

Well, when I was a trader before I also can do that in just a month but later on when I am too much busy I don't have much time working as a trader.
The biggest percentage in a month that I encountered is only 60% in just a month, I know that everyone can do this but this moment I always treasured in my mind. Good to know that OP was able to manage and gain that huge profit, 142% in a week is not bad at all. Perhaps those altcoin traders will potentially gain profit

Let's stay positive and be motivated with the shared performance data of other traders :D
The highest monthly ROI I get in trading was above %900 once when I was in the right position at the right time. The sudden pump and it just has happened, the best side of trading volatile altcoins is to catch high multipliers over the base amount.

I get many months with more than 150% profits, that too in a day because I look for futures' scalp trades which have higher RR and just jump in them. I'm now slowly understanding the directions and it's becoming way easier for me to develop my capital to such an extent where I can diversify it in pieces to save remaining money and add more margin to an existing position.

Making a profit in a bull run is quite easy, if you look at the market in the past one month, doge coin alone have given me a profit of around 100% as the market was volatile and the price was moving up and down and you could make a good enough profit even if you concentrate on one coin. It is easy to make profit in a bull market and enjoy the perils as long as the bull trend continues.

since bitcoin has experienced an increase in my profit reaching 40%, this for me is extraordinary because I am a new trader for 5 months in the trading world. I have to stay in this position and use this technique in the future so that the income from trading can be bigger.

My percentage of profit for the month ranges from 10-20%, but there are also minus, they also range from 10%, so there are different situations here. You can go into profit within a month and spend all the profit in a couple of transactions.

All kinds of trading including crypto trading is not about how much you make in one month nor about how was your very first trade. It is all about how consistent your performances are across months; which may be evaluated after six or more months or for a year. Because, in bull markets, it would be easier to stay positive whereas in bear trends you may face lots of struggle to protect your capital itself.

People may think to trade cryptos only on bull markets but it is happening only once per 3 years (it is totally 4 years cycle which includes 3 years of bear dominance and 1 year is belonging to bulls, unfortunately). But, we can make use of bear markets to analyze and to catch the possible lower levels so that we can easily crack 4x to 10x profits when this crypto space enters bull markets.

if on average my profit is 30% and this is good for me as a beginner trader. maybe I will improve my skills and try to increase the profit to 50% in the future

Having a profit of 30% in a month must be quite amazing if that is achievable without taking too many risks. I am not someone who trades frequently but all I do is buy some coins that are new but have potential like I was one of the early investors into PolkaDot and I am still very positive about the future of the project.

I have doubled by money in past but that wasn't because I was too smart or had some trading knowledge but solely because I was lucky and the coin I purchased performed nicely and I sold them at the right time. Even recently I bought little amount of dogecoins at around $0.04 and later sold them for $0.06 or something.

Selling at the right time is more important than buying at the right time.