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Economy => Trading Discussion => Topic started by: SwayStar123 on February 01, 2020, 08:52:15 AM



Title: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: SwayStar123 on February 01, 2020, 08:52:15 AM
I know what you all are thinking, a 20,000% Gain? Impossible right? Well you're probably right but who cares, im gonna try anyway.

I deposited 0.005 btc on Jan 30 2020 on bitmex (img (http://prntscr.com/qvysrc)), I will now record my trades and setups here, hope you can gain something from this!  ( Transferred from bitmex to bybit now)

My current setup (will be updated) - TA (http://prntscr.com/r8cohu)



Trades

1. shorted at 9458.5, After a few hours, i took profit at 9262. This resulted in a 0.0002 BTC profit, which is a 4% gain for me. (img (http://prntscr.com/qvytwu))

2. longed at the price i took profit at, which was 9266.5, after which i took profit at 9395, which was a total profit of 0.0001 BTC, which is a 2% gain for me. (img (http://prntscr.com/qvyuy7))

3. Shorted with 300 contracts at 9395. This was one of my better trades as I took profit at 9260, 9145 and 9295. Which resulted in a total of (drumroll please) 0.0006 BTC Profits!! Which means i have grown my intial 0.005 BTC to 0.006 BTC now! It was a nice 20% ROI in only 2-3 Days. (img (http://prntscr.com/qwb6hf))

4. I made a 0.0002 BTC loss, i completely accept this was a stupid blunder but i accidently bought the contracts for ETH instead of BTC, the recent spike in eth caused me to lose a bit. But not to worry, i made back my loss and then some in my fifth trade.

5. I put in a series of shorts at prices i thought would be resistances, the prices were, 9600, 9500 and 9436. All these averaged out to 9491. The recent pump to 9600 triggered all these shorts but we dumped before we hit my stoploss. This has put my current position into a 0.0016 BTC profit. But i dont plan on taking profit right now, i will hold on to this position and readjust my stoploss to ensure this is a guarenteed profit from now (img1 (http://prntscr.com/qwosba), img2 (http://prntscr.com/qxbb4e))
Update: Took some profit (100 contracts) at 9193.5 Thinking it goes back up to 9250 so im gonna reenter some shorts there (img (http://prntscr.com/qxi1m0)

6. This was my position (img (http://prntscr.com/rifogq))
I had locked in profits of 0.0053 (brought down the stoploss) which ultimately got stopped out due to a pull back, which brought my total balance to 0.0124 BTC (approx 150% profit from the start)

7. Longed at 9473 (img (http://prntscr.com/r91w1t))
Thinking that we bounce from here all the way to around 10400 and complete a sort of cup and handle play. Update: Price didnt react as i expected it to, now thinking price goes down again to test 8285, so i closed my position for a 21 mBTC profit bringing my total balance to 0.012

8. Shorted 8694 (img (https://prnt.sc/r9rntn)) Took profit of around 40mBTC bringing total balance up to 0.0184

9. Laddered shorts at 6200,6300,6400, stop at 6500, 100 contracts each (img (http://prntscr.com/rj5tt9))

Current balance- 0.0184 BTC (268% profit) (img (http://prntscr.com/r9rovx))


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: nydiacaskey01 on February 01, 2020, 12:46:42 PM
Goodluck to you mate and I hope you reach your goal of 1BTC soon but however, 9,266 and 9,395 is not 8% gain, that is just 1.3% gain. For you to gain 8%, from 9,266 you need to reach 10,007. But still good luck and I will keep an eye on this thread to see your progress.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: Question123 on February 01, 2020, 01:11:40 PM
Your capital is good and your goal takes a lot of time before you achieve 1 bitcoin with small amount of money you use in buying coins in trading. Goodluck to you I hope you can find a coin who is very cheap this year and every month the valu increase. We know the 1 bitcoin you want is hard but possible because in trading once you invested to the potential coin possible it will grow.

Until now I don't see any trader who use small capital and turn to 1 bitcoin if they have can anyone share?


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: LUCKMCFLY on February 01, 2020, 01:15:16 PM
~snip~

It is very good that you are making profits in Bitmex, basically the liquidations are the order of the day, when you see the liquidity funds, can you imagine that you are going in the opposite direction to the liquidations?, Since it is a good technique. However, in that exchange you usually live with adrenaline to the fullest.

The technical analysis there plays an important role, if you have increased your balance, I think it is very good, although as a tip, take it easy, even if your profit is small, the important thing is to continue adding satoshis to your balance.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: exstasie on February 01, 2020, 09:44:29 PM
I know what you all are thinking, a 20,000% Gain? Impossible right? Well you're probably right but who cares, im gonna try anyway.

I deposited 0.005 btc on Jan 30 2020 on bitmex (img (http://prntscr.com/qvysrc)), I will now record my trades and setups here, hope you can gain something from this!



Trades

My first trade was shorting at 9458.5, After a few hours, i took profit at 9262. This resulted in a 0.0002 BTC profit, which is a 4% gain for me. (img (http://prntscr.com/qvytwu))

My second trade was longing at the price i took profit at, which was 9266.5, after which i took profit at 9395, which was a total profit of 0.0001 BTC, which is a 2% gain for me. (img (http://prntscr.com/qvyuy7))

The current position I am in is a 300 contract short, according to the following TA (img (http://prntscr.com/qvyv4o)) (Ta (https://www.tradingview.com/x/3qzflf32/))

I admire your sense of risk management. Most Bitmex traders who start journals here are total degenerates who burn out quickly. :D

Your support levels look good. They line up with key Fibonacci levels, the 20-week MA, etc. which I am also looking at. The question is, have we actually hit the inflection point that sends us back to the $8,000s? I'm not sure. We might swing up to $10K first.

Subscribed!


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: Kelvinid on February 01, 2020, 11:36:57 PM
Yeah, there is no harm in trying, who knows exactly if you are meant to be a trader and you've successful for this.
Actually, 0.005BTC is not a huge amount to risk. No one will prove that is work of nobody would try and accept the challenge. Everything will be uncertain in crypto trading and yet, high risk to take but it doesn't mean that it will stop us. 

If you succeed in this journey, definitely many traders would have to try also. I see your optimism and that is a good thing to see.
Goodluck mate...


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: Jating on February 02, 2020, 03:34:03 AM
Well, as traders we need to support each other so best of luck to you.

For others it might look very daunting, but it seems you have the experience so go for it and who knows, you might hit that proverbial 1 BTC goal of yours.

And thanks for sharing this to the community, I'm sure that someone will get inspired by you and might silently try it for themselves.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: Kemarit on February 02, 2020, 03:39:42 AM
I'm also subscribing to this thread.  :)

0.005 BTC -> 1 BTC, that's a small capital to begin with, but it doesn't matter, as long as you know how to manage that fund and grow it exponentially, then that will be nice. Of course, we don't know how long it will take you to your goal. But the most important thing is that you are taking the risk today, might be alot of bumps along the way. But what makes crypto trading beloved by many, the risks and rewards ratio. So goodluck and hope that you reach your goal.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: maydna on February 02, 2020, 04:52:49 AM
Using 0.005 btc as the initial money to trade will not be a problem as we can use the random amount to trade. I see that your good at trading, especially in controlling your emotion because that is the most important thing that every trader must-have. I am sure you can reach your goal from 0.005 btc to 1 btc, but you need to hard work because we don't know how long you can achieve that.

My suggestion is to keep control of your emotions and don't chase a bigger profit if the situation in the market is not good or you don't get a good sign from the market to still open the trade. I hope you can use leverage trading as your way to make a bigger profit to reach your goals.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: Touheedkhan78 on February 02, 2020, 05:24:18 AM
Good Luck Bro/ I am Also Started Trading and also Want To Learn TA can You Help me Regarded This


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 20% profit in 3 days
Post by: hugeblack on February 02, 2020, 07:22:20 AM
I don't want to be pessimistic, but you must know know that the loss may happen at any time, so I consider it a game and try to convert this amount to 1 BTC.

I expect the market to be highly volatile and buoyant in the coming weeks, so some profits have been achieved, but by the end of the year you may lose all that you achieved in one week, so do not be too optimistic and do not try to fool with greed.

You may develop a clear trading strategy and you will notice your currency appreciates. good luck.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 20% profit in 3 days
Post by: ideas500k.com on February 02, 2020, 07:26:38 AM
What an interesting endeavor you are pursuing!

Keep us updated about your progress and hopefully, you will get to owning a while Bitcoin by yourself :)


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 20% profit in 3 days
Post by: hello_good_sir on February 02, 2020, 07:27:21 AM
First of all, good luck.

Secondly, leveraged trading is extremely risky, but to be completely honest it is really the only way that you are able to turn a profit when it comes to a "bankroll" of such a low amount - you are unlikely to see any significant gains even in the best case scenario if you were simply trading on the spot market.

I'd ensure that all my positions are kept in check and are not highly leveraged to more than 5x each time, because beyond which, it can just be as risky gambling.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: Baofeng on February 02, 2020, 07:47:01 AM
Update! The 300 contract short was taken in full profit at 9260, 9145 and 9295. Which resulted in a total of 0.0006 BTC Profits!! Which means i have grown my initial 0.005 to 0.006, which is a 20% gain in 2-3 days  ;D

Good to hear that mate, 20% gains in 3 days is awesome!!. Just imagine if you have a bigger initial capital, obviously bigger gains. But I guess your risk appetite says it all, but I can't blame you. This is really a journey and I couldn't imagine if you reach your goal of 1 BTC in just short amount of time. Continue to update us and good luck in your trading journey.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 20% profit in 3 days
Post by: RealMalatesta on February 02, 2020, 02:13:36 PM
First of all, good luck.

Secondly, leveraged trading is extremely risky, but to be completely honest it is really the only way that you are able to turn a profit when it comes to a "bankroll" of such a low amount - you are unlikely to see any significant gains even in the best case scenario if you were simply trading on the spot market.

I'd ensure that all my positions are kept in check and are not highly leveraged to more than 5x each time, because beyond which, it can just be as risky gambling.
OP has a desire to earn 1 BTC which would almost be impossible for normal trading experiences. Leverage trading is the only platform which might give him this excess amount of profits but yes, risk would always play an important role in leverage trading.

Each leverage trader has to keep on checking the graphs to see if the price is not getting wide in the opposite direction as it might lead to lose our funds. Leverage can really make you earn immense profits if you have the ability to make deep technical analysis and maybe your luck too would be required over here. You never would wish the price to rally in opposite direction if you have already bought coins valuing almost above 70% of your total capital.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 20% profit in 3 days
Post by: Mumbeeptind1963 on February 02, 2020, 03:29:37 PM
I don't want to be pessimistic, but you must know know that the loss may happen at any time, so I consider it a game and try to convert this amount to 1 BTC.

I expect the market to be highly volatile and buoyant in the coming weeks, so some profits have been achieved, but by the end of the year you may lose all that you achieved in one week, so do not be too optimistic and do not try to fool with greed.

You may develop a clear trading strategy and you will notice your currency appreciates. good luck.
Yes, we cannot predict when does that thing might happen , so the OP needed to take this risk, im sure he is already aware in this thing, market is very unstable so as the coin, so the OP needed to go with the flow of unstable market. That profit is going high since bitcoin now is pumping as well, maybe it is because of the upcoming halving, I dont know when but I think it affects a lot. I will follow this thread as well.

Good to hear that mate, 20% gains in 3 days is awesome!!. Just imagine if you have a bigger initial capital, obviously bigger gains. But I guess your risk appetite says it all, but I can't blame you. This is really a journey and I couldn't imagine if you reach your goal of 1 BTC in just short amount of time. Continue to update us and good luck in your trading journey.
Yeah , it is just that bitcoin also have a bull run I think , that is why his first investment grows a lot in just small span of time, but Im not being negative okay, but I were him I will deduct my investment so that I could not lose too much.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: bitbunnny on February 02, 2020, 03:54:33 PM
Update! The 300 contract short was taken in full profit at 9260, 9145 and 9295. Which resulted in a total of 0.0006 BTC Profits!! Which means i have grown my initial 0.005 to 0.006, which is a 20% gain in 2-3 days  ;D
So far so good with your journey and if you keep that optimistic thinking you'll be able to see more successful trading position. Keep in mind that positive mindset delivered good outcome. You just need to keep working with your good judgement placing each position to your potential benefits. Good luck to you.

Positive attitude is good and can be helpful but trading can't be based on that.
20% profit is good be he mustn't forget this might easily change and that he will not making so much all the time. Exactly that feeling that everything is so fine and easy makes people think that trading is easy game full of fun but they get to reality sooner or later.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal
Post by: exstasie on February 02, 2020, 08:08:21 PM
Update! The 300 contract short was taken in full profit at 9260, 9145 and 9295. Which resulted in a total of 0.0006 BTC Profits!! Which means i have grown my initial 0.005 to 0.006, which is a 20% gain in 2-3 days  ;D

Good job closing out when you did. I got the impression you were planning to ride that short down a ways, based on this chart. (https://www.tradingview.com/x/3qzflf32/)

I'm still leaning towards new highs myself. Can't say for sure that there isn't distribution occurring here, but this pivot off $9,113 looks fairly decisive:

https://i.imgur.com/pLSkrOp.png

We're still flagging sideways off a daily 3 white soldiers pattern too, (https://bitcointalk.org/index.php?topic=178336.msg53733806#msg53733806) which supports the bullish case.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 20% profit in 3 days
Post by: Baoo on February 02, 2020, 09:48:35 PM
To be honest, I don't want to disappoint you but  it is impossible to achieve this goal, we should be realistic sometimes, bet you are still a newbie in this domain OP, but I agree that taking the risk may positively affect in order to profit a significant amount, but without a strategy it is difficult to reach that,  sometimes we need to create a different plans because the market is so volatile and as you see the unexpected events are always happen.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 20% profit in 3 days
Post by: Kupid002 on February 03, 2020, 06:23:49 AM
To be honest, I don't want to disappoint you but  it is impossible to achieve this goal, we should be realistic sometimes, bet you are still a newbie in this domain OP, but I agree that taking the risk may positively affect in order to profit a significant amount, but without a strategy it is difficult to reach that,  sometimes we need to create a different plans because the market is so volatile and as you see the unexpected events are always happen.
Its possible he need to make a daily trade just to make this and of course it takes a lot of time and effort trading just to win that amount. Thats not easy job the reality is you will also lost in every trade so it will take you longer time just to achieve this goals. And not all person have the ability to get that amount base only on skills in trade.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 20% profit in 3 days
Post by: Coyster on February 03, 2020, 06:38:08 AM
To be honest, I don't want to disappoint you but  it is impossible to achieve this goal...
Since OP will be updating us in this thread on how the trading is going with him, then let us just wait and see how much profit he can get. He has got off to a good start, but some times one can start off perfectly and end up badly, so OP shouldn't get ahead of himself, he must still concentrate on doing what he has been doing.
Positive attitude is good and can be helpful but trading can't be based on that.
When I started trading for the first time, I thought that positivity and belief usually has an effect on how good everything would end up, it's good to be optimistic, but it's also good to know that it doesn't matter in the real sense of it all.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 24% profit in 4 days
Post by: ChuckBuck on February 03, 2020, 09:29:30 AM
Although this is a nice goal, I feel that it is a bit impossible  ::) Even the most experienced people in trading encounter difficulties and losses, so your goal is almost impossible to achieve. In my trading history, the highest profit I achieved was x3 balance within 2 months, of course, at a large capital. But trading with small capitalization and high profit margins, I'm quite surprised by your statement. Anyway, I will keep the notification here and track your results, good luck  ;)


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 20% profit in 3 days
Post by: exstasie on February 03, 2020, 10:11:17 AM
5th trade(s)- I put in a series of shorts at prices i thought would be resistances, the prices were, 9600, 9500 and 9436. All these averaged out to 9491. The recent pump to 9600 triggered all these shorts but we dumped before we hit my stoploss. This has put my current position into a 0.0004 BTC profit. But i dont plan on taking profit right now, i will hold on to this position and readjust my stoploss to ensure this is a guarenteed profit from now (img1 (http://prntscr.com/qwosba), img2 (http://prntscr.com/qwosiq))

Nice one. We got the new highs I was expecting. Too bad it was sold right back into the range. It's looking like a failure now. :-\

I'm now contemplating a failed fifth wave, and the beginning a larger pullback through that trend line and into the $8,000s:

https://i.imgur.com/Q9O5zVS.png


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 24% profit in 4 days
Post by: redsun114 on February 03, 2020, 12:14:42 PM
1 BTC from 0.005 BTC might seem a bit overwhelmed or maybe difficult but might surely not be impossible only because of the leverage trading. You can actually earn immense profits even with your 0.005 BTC as you can trade on futures platform with nearly 20x to 125x leverage which would indeed give major profits for smaller capital, but yes the risk here remains constant.

If by any chance you fail to make a good TA and you end up buying at wrong price than your coins could be liquidated at a specific price which would eat all your profits+capital so I really wish you are aware about this too. If you really are a dedicated trader than no one can stop you from earning 1 BTC in a month but you really need to spend most of your time on the graphs.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 24% profit in 4 days
Post by: 20kevin20 on February 03, 2020, 03:58:55 PM
Although this is a nice goal, I feel that it is a bit impossible  ::) Even the most experienced people in trading encounter difficulties and losses, so your goal is almost impossible to achieve. In my trading history, the highest profit I achieved was x3 balance within 2 months, of course, at a large capital. But trading with small capitalization and high profit margins, I'm quite surprised by your statement. Anyway, I will keep the notification here and track your results, good luck  ;)

This is illogical, yes even the best traders make losses and mistakes, but they dont lose their entire balance, if they are successful more than 50% of the time they can make money consistently and given enough time turn 0.005 btc to 1 btc

Not really illogical, considering the volatility of crypto markets. What makes everything harder, like ChuckBuck said, is the capital. Going from ~$45 to ~$9300 is a huge thing to achieve with such a small capital, especially when you take fees and everything else into account. But if he proves himself to be a good trader, he might achieve it. During the 2017 market ride I've turned 1BTC into 25BTC (through alts) but was greedy enough not to take my profits at the time so I have lost all that 24BTC profit in a matter of days.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 24% profit in 4 days
Post by: Yatsan on February 03, 2020, 04:43:42 PM
Although this is a nice goal, I feel that it is a bit impossible  ::) Even the most experienced people in trading encounter difficulties and losses, so your goal is almost impossible to achieve. In my trading history, the highest profit I achieved was x3 balance within 2 months, of course, at a large capital. But trading with small capitalization and high profit margins, I'm quite surprised by your statement. Anyway, I will keep the notification here and track your results, good luck  ;)

This is illogical, yes even the best traders make losses and mistakes, but they dont lose their entire balance, if they are successful more than 50% of the time they can make money consistently and given enough time turn 0.005 btc to 1 btc

Not really illogical, considering the volatility of crypto markets. What makes everything harder, like ChuckBuck said, is the capital. Going from ~$45 to ~$9300 is a huge thing to achieve with such a small capital, especially when you take fees and everything else into account. But if he proves himself to be a good trader, he might achieve it. During the 2017 market ride I've turned 1BTC into 25BTC (through alts) but was greedy enough not to take my profits at the time so I have lost all that 24BTC profit in a matter of days.
2017 is the best! Just wanna share my experience, many shitcoins way back 2017 turned into a massive bull run which gave me a lot of profit haha. That year shitcoins are the best.



Back to the topic, I really think that it's possible, but it will take a lot of time. If you invest into a right coin and hit the bull run there you might get your target in an instant, It will just take a 1hit fot the jackpot and that will be target achieve!

Just continue your journey and keep posting here, I wish you luck in your trading journey  :)



Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 24% profit in 4 days
Post by: ScamViruS on February 03, 2020, 07:09:29 PM
What you are doing is good. Why don't we try? The funds you are trading with are small. With this fund you can experiment your trading strategy. If good results come, then surely you can go ahead. Maybe you know that leverage trading can be very risky at any time. So be careful when you open any trade. I will definitely follow your thread to see the results. Good luck.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 24% profit in 4 days
Post by: fullhdpixel on February 03, 2020, 07:48:47 PM
I wholehearlty support this endeavor of yours, it definitely looks like you are doing a great job and know what you are doing, you are also showing people how they can get into these kinds of stuff as well, maybe 1 btc would be very difficult task for you and any other person but you have to start somewhere that is the point, you can't make 1 btc profit without making 1k satoshi profit first, that is how these things start.

Looking at your previous trades, you are doing shorting very well, longs not so sure about but shorts are definitely a thing you understand easily, I hope for the sake of all humans that are holding btc, you do not come correct about them too frequently :D. All jokes aside I am sure with the amount of leverage and options available you will make to 1 btc quickly.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 24% profit in 4 days
Post by: KnightElite on February 04, 2020, 05:27:13 AM
I wholehearlty support this endeavor of yours, it definitely looks like you are doing a great job and know what you are doing, you are also showing people how they can get into these kinds of stuff as well, maybe 1 btc would be very difficult task for you and any other person but you have to start somewhere that is the point, you can't make 1 btc profit without making 1k satoshi profit first, that is how these things start.

Looking at your previous trades, you are doing shorting very well, longs not so sure about but shorts are definitely a thing you understand easily, I hope for the sake of all humans that are holding btc, you do not come correct about them too frequently :D. All jokes aside I am sure with the amount of leverage and options available you will make to 1 btc quickly.
Anything is possible with proper risk and management, achieving 1 btc is not easy but if we have passion and commitment then we can achieve our own goal but we should make sure that our goal is realistic where it is feasible to achieve. When I started trading of bitcoin, I have a capital of 0.1 but I manage to double it in 3 months. It took me months in order to double it because we cannot always win everyday in trasing there will be times that the outcome will be unexpected.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 24% profit in 4 days
Post by: Williams_Leo on February 04, 2020, 12:46:33 PM
I wholehearlty support this endeavor of yours, it definitely looks like you are doing a great job and know what you are doing, you are also showing people how they can get into these kinds of stuff as well, maybe 1 btc would be very difficult task for you and any other person but you have to start somewhere that is the point, you can't make 1 btc profit without making 1k satoshi profit first, that is how these things start.

Looking at your previous trades, you are doing shorting very well, longs not so sure about but shorts are definitely a thing you understand easily, I hope for the sake of all humans that are holding btc, you do not come correct about them too frequently :D. All jokes aside I am sure with the amount of leverage and options available you will make to 1 btc quickly.
Anything is possible with proper risk and management, achieving 1 btc is not easy but if we have passion and commitment then we can achieve our own goal but we should make sure that our goal is realistic where it is feasible to achieve. When I started trading of bitcoin, I have a capital of 0.1 but I manage to double it in 3 months. It took me months in order to double it because we cannot always win everyday in trasing there will be times that the outcome will be unexpected.
Agree that it will be possible when we can manage risk then find the right method and direction to gain the best profit from the market but all still need a reasonable starting point, a reasonable condition and goal, can't set a goal too far when the start is too low. It's similar to when we go up the stairs, we need to take steps step by step, sometimes two steps but the risk is too great, we can be good for the first few times but in the middle of the road, we can still fall to the ground, need to raise more capital, cannot operate with only 0.005btc


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: Lucius on February 04, 2020, 02:52:05 PM
A small stake, a small chance of success, but a great dose of optimism and determination to try to achieve a set goal - and if the OP accomplishes half of what is planned, it will be a venture that will be talked about for a long time.

I don't personally trade, but I wonder what the chances of success would be if the initial stake was at least 0.05 BTC? Would that mean that some things can be done with less risk which would also increase the prospect of ultimate success?

If we take the example of a gambler who enters in a casino with $100, and another who enters with a $1000, they both have a chance to win something, but the one with more money still has a better chance if apply a good strategy.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: nelson4lov on February 04, 2020, 10:42:19 PM
A small stake, a small chance of success, but a great dose of optimism and determination to try to achieve a set goal - and if the OP accomplishes half of what is planned, it will be a venture that will be talked about for a long time.

I don't personally trade, but I wonder what the chances of success would be if the initial stake was at least 0.05 BTC? Would that mean that some things can be done with less risk which would also increase the prospect of ultimate success?

If we take the example of a gambler who enters in a casino with $100, and another who enters with a $1000, they both have a chance to win something, but the one with more money still has a better chance if apply a good strategy.

Yes that's very much possible. In trading, it's not really about the  startup capital. Most of the successful traders we see today didn't start trading with even 1 BTC. They had to start small, made consistent profits off small trades. With time, those small and tiny profits adds up and gets accumulated to a nice profit. On the other hand, I've seen people that started with high capital ended up losing a large part. So at the end of the day, It all boils down to one's trading system, consistency and trading skill level and not the startup capital. If OP was a noob, I'm sure he would be in loss regardless of whether or not he started with 0.005BTC.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: exstasie on February 05, 2020, 09:11:26 PM
Took a 100 contract profit at 9193.5 Booked some profits, and hoping to now short again at 9250 as that was previous support

Any updates? Hopefully you maintained good risk management on this short. This daily bullish engulfing candle just blew through $9,700! I still think the $8,000s are possible (https://bitcointalk.org/index.php?topic=5196072.msg53779949#msg53779949) (if this is part of an irregular flat) but I'm beginning to rule out lower targets like the upper $7,000s and $8K area.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: maxreish on February 06, 2020, 12:02:05 AM
I was kinda interested in your trading since I am also a Bitmex trader. There are few questions I am going to ask;
  • What % leverage are you using?
  • You trade daily or how many trades you are doing in a day? You already gained 50% for 5 days and that's a good trades actually.
  • What indicators are you using?

You made a good profits and good trades, hope I can do that way too since I do some losses and recovery but gaining 50% profit within 5 days showed how you do good in reading analysis.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: Sadlife on February 06, 2020, 01:13:13 PM
Nice trades while for me, i could never risk selling bitcoins in daily type trading because i prefer hodling cause i got rekt countless time when i tried daily trades even knowing what price to short and to long is complicated especially if you're not experience enough to do TA.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: SquallLeonhart on February 06, 2020, 08:30:49 PM
If you manage to make your 5 mBTC into 1 BTC then that would be bringing lots of new traders from this community. Because, people here are set with capital and also having groups to get signals but not having confident and motivation to step forward. When seeing your results, I guess many people want to try and copy your success. I like to keep an eye on your updates. Good luck man :D.

Do you set any time frame for achieving that 1 BTC out of your 5 mBTC capital? I am sorry for asking such a pressurizing question because professional trader may take  to 6 months for this challenge whereas I will take 2 to 3 years but not sure I may keep the capital intact. So, if you have anything like that, please add that into OP which might be more interesting to watch your performances within a set time.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: bearexin on February 09, 2020, 03:26:27 AM
If you manage to make your 5 mBTC into 1 BTC then that would be bringing lots of new traders from this community. Because, people here are set with capital and also having groups to get signals but not having confident and motivation to step forward. When seeing your results, I guess many people want to try and copy your success. I like to keep an eye on your updates. Good luck man :D.

Do you set any time frame for achieving that 1 BTC out of your 5 mBTC capital? I am sorry for asking such a pressurizing question because professional trader may take  to 6 months for this challenge whereas I will take 2 to 3 years but not sure I may keep the capital intact. So, if you have anything like that, please add that into OP which might be more interesting to watch your performances within a set time.
OP would surely need at least a year in order to reach 1 BTC from 0.005 BTC. OP actually needs to have 20,000% in order to reach 1 BTC and doesn't it look a bit strenuous to reach? As far as I can see, OP is successful in having some 4% to 10% profits but that would never be enough in order to reach 1 BTC. OP needs to gain almost 50% to 55% profits daily in order to reach 20,000% in a year and this is highly not possible.

At least 4-5 days would be needed in order to gain 50% profit and only if you are a highly experienced trader. Also some of the market situations might delay your trades like if the price ran in opposite direction, etc. That would never allow us to calculate fix days needed in order to hike our portfolio from 0.005 to 1 BTC.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: darewaller on February 09, 2020, 01:58:43 PM
Nice trades while for me, i could never risk selling bitcoins in daily type trading because i prefer hodling cause i got rekt countless time when i tried daily trades even knowing what price to short and to long is complicated especially if you're not experience enough to do TA.
Technical Analysis is the first and foremost thing which each trader needs to consider before entering the trading markets. If you are not able to do the TA than I would prefer you to stay away from the trading markets until you learn to do so. Day trading is risky but we should never forget the profits we could gain from day trading.

We can even manage to earn 100% profits in 10 to 20 days only with the help of leverage day trading which would take you months in order to reach those profits for spot trading on long term. OP needs to gain 1 BTC from 0.005 BTC and this is never an easy task and hence OP might only need to concentrate on daily trades in order to reach the target in few months or maybe a year.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: canamani on February 09, 2020, 07:07:11 PM
You are so lucky to trading, i really don't know how to do it so profitable and don't know how to make so much profit in 5 days


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: bitgolden on February 10, 2020, 01:57:43 PM
You are so lucky to trading, i really don't know how to do it so profitable and don't know how to make so much profit in 5 days
You can't actually call OP as lucky but indeed a individual with immense knowledge and the desire to achieve great heights. You should try to follow OP with the trades he would showcase and also try to get some motivation from him. OP is really going to convert his initial capital of 0.005 BTC into 1 BTC which would be a lot of profits.

Earning 50% in 5 days might not be an difficult task if you have basic knowledge about trading and also if you posses some of the characteristics any of the professional trader posses. Internet would teach you a lot of things and even you can learn trading on internet so why not start ASAP?


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: bitcoin31 on February 10, 2020, 02:11:54 PM
Hoping to you to your reach your target that is not easy but if you really want you can do it just work hard and do something new to earn more bitcoin in trading. I never saw a trader who earned a lot of bitcoin like to 0.005 bitcoin to 1 bitcoin because actually that is hardest to reach but it is still possible. Goodluck to you and hope all your coins that you buy are gives you profit.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: ChuckBuck on February 12, 2020, 03:35:02 AM
Yes, stop was above my short, the stop was still below my average entry, I will update soon
Still keep my eye here to see updates from SwayStar123. How's it going on? It's been a week since your last update  ??? As everyone understands, this is an impossible goal but good for yourself. If you're still serious about your goals, please keep the update here, I'm interested about it  ;)


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: Ailurophile on February 12, 2020, 11:37:40 AM
I think it isn't impossible at all since there is no time limit I think any trader could do it.
It would only take a long journey before you get to it since the capital is small but if you could make your every trade success then it wouldn't take so much time.
It would be hard for those who couldn't choose when and where to invest there are so many crypto now and we couldn't tell which one would go up which one would go down.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: Goodvalony on February 12, 2020, 01:05:23 PM
Honestly, i have done this before and i was liquidated. i wouldn't mind doing it again but pay more attention to my trade. i was just been non-chalant and my attitude was something else. i was playing with my trade. thinking it was the spot trading pattern until i lost everything.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: Goodvalony on February 12, 2020, 01:11:27 PM
If you manage to make your 5 mBTC into 1 BTC then that would be bringing lots of new traders from this community. Because, people here are set with capital and also having groups to get signals but not having confident and motivation to step forward. When seeing your results, I guess many people want to try and copy your success. I like to keep an eye on your updates. Good luck man :D.

Do you set any time frame for achieving that 1 BTC out of your 5 mBTC capital? I am sorry for asking such a pressurizing question because professional trader may take  to 6 months for this challenge whereas I will take 2 to 3 years but not sure I may keep the capital intact. So, if you have anything like that, please add that into OP which might be more interesting to watch your performances within a set time.


Currently, i am running spot trading, the plan is to convert 0.02BTC to 1btc. hopefully, before the ends, i will archieve this goal. i think it is possible. it is a matter of time and concentration. i started with 0.0200 last year September when the market was horrible. Now i have 0.048
i think the bull market helped me alot. MY TARGET IS to hit 0.5 before the bull market is over.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: peonminer on February 12, 2020, 01:21:21 PM
Good luck mate. Rooting for ya. It may be a good idea to try trading some XRP. The difference in $ vs BTC could help you hedge this next bull rush. longing 10k btc with 10,000 contracts = btc would have to rise to 100,000 for you to net BTC1. Using XRP as a tool to gain more when it runs with BTC could be a nice advantage for you.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: JollyGood on February 12, 2020, 03:51:20 PM
Wishing you success, of course it can happen it is not impossible to turn 0.005 BTC in to 1 BTC.

Looking forward to the step by step details you provide on your journey..



I know what you all are thinking, a 20,000% Gain? Impossible right? Well you're probably right but who cares, im gonna try anyway.

I deposited 0.005 btc on Jan 30 2020 on bitmex (img (http://prntscr.com/qvysrc)), I will now record my trades and setups here, hope you can gain something from this!

My current setup (will be updated) - TA (http://prntscr.com/qwb8xr)


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 50% profit in 5 days
Post by: Reatim on February 12, 2020, 03:51:25 PM
I know what you all are thinking, a 20,000% Gain? Impossible right? Well you're probably right but who cares, im gonna try anyway.
i love the spirit here mate,you are really serious about this and i admire you for that,i have been holding for long but i did not come to this idea of looking for %20,000 things that only Bitcoin Lovers can do.
I deposited 0.005 btc on Jan 30 2020 on bitmex (img (http://prntscr.com/qvysrc)), I will now record my trades and setups here, hope you can gain something from this!
sure the moment i read this thread i already gain confidence and strength on how to treat my trading.
Current balance- 0.0075 BTC (50% profit) (img (http://prntscr.com/qxbcwy))
so Now you are already in Gaining?no wonder what will be the Profit as the halving coming so near?

will follow this Thread mate from time to time i will check that's for sure.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal| Currently 150% profit
Post by: ChuckBuck on February 26, 2020, 06:43:08 PM
Many may consider this a degen trade (i sure do) but i entered this very high probability trade according to me and reaped the benefits.

Sorry for the short break i took in between btw, sorry to keep you all waiting.

This was was my positionimg (http://prntscr.com/r82fhx)

I had locked in profits of 0.0053 (brought down the stoploss) which ultimately got stopped out due to a pull back, which brought my total balance to 0.0124 BTC (approx 150% profit from the start)
LOL  ;D ;D you left without any notice, I thought you had abandoned your own goal. Glad you still have a profit so far. But it is far from the original goal that you set, in addition, you are behind schedule  ::) It is okay anyway, hope this topic continues and you will go higher, show me your abilities. But do not rush, haste will become a fatal weakness  ;)


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 150% in Profit
Post by: exstasie on February 29, 2020, 05:02:28 AM
Longed at 9473 (img (http://prntscr.com/r900b8))

Oh, $8,473. Phew! :P

Glad to see you back. Nicely done, right at the 20-week MA.

I see a weak undercut of the low and bullish divergences on the 4-hour. Hammer candle on the daily. We tagged some major support levels too. It looks to me like there is decent upside potential here. What do you think? Did you have a chart to share?


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 150% in Profit
Post by: exstasie on February 29, 2020, 10:20:40 PM
Price didnt react as i expected it to, so i closed my position for a profit of 0.0021 BTC , bringing my total balance to 0.0146

http://prntscr.com/r9fazs

Smart move. I closed part of my position as well. Bulls didn't follow through as expected.

It's possible we are looking at an inverse H&S but it's beginning to feel like bearish sideways instead.

https://i.imgur.com/bL4nMP5.png


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: joeperry on March 02, 2020, 11:35:14 AM
this is really interesting, I'll visit this thread from time to time. I like your courage and motivation and as I can see today that from 0.005 you have now a 0.018 that's a great profit so far you're a good trader and soon there's no doubt that you will achieve that 1BTC easily since the more Bitcoin you can trade the higher your profit will become right?

For now I will visit these thread from time to time to keep track (Well it's just entertaining for my part to see your progress)


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: absy on March 04, 2020, 04:30:58 AM
I have seen multiple threads like this related to sports betting but none for trading . I am subscribing to this thread , 20000 % profit is insane but not impossible and it seems like you know what you are doing so good luck .


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: Ailurophile on March 05, 2020, 03:48:59 AM
It is an inspiring journey I would try this out too but maybe keep my record privately since I am not that good at trading.
I just saw how much you've already gain and it is not a joke I wish I could also do the same.
Seeing your progress right now I think it isn't impossible.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: Oasisman on March 05, 2020, 04:22:23 AM
I'm not good at TA's so i'll just be looking at this thread as it really caught my attention, when someone is challenging themselves publicly lol  ;D.
Anyway 20,000% profit aint impossible when you know what you're doing and capable of. You're almost at the 300% mark profit and IMO it's impressive somehow, considering how you started with 0.005BTC as a base capital.
I know trading ain't never easy I have lost more than just 0.005BTC engaging into a blind trading.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: ufaiz50 on March 05, 2020, 05:56:29 AM
interesting thread trying to make a profit of more than 1000% of the capital. I think you need your management thread to make it look more dynamic to look at. Maybe I will try it on the local board, this topic is very interesting to do. $ 8,920 bitcoin price and that is support line.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: SquallLeonhart on March 05, 2020, 07:28:18 AM
this is really interesting, I'll visit this thread from time to time. I like your courage and motivation and as I can see today that from 0.005 you have now a 0.018 that's a great profit so far you're a good trader and soon there's no doubt that you will achieve that 1BTC easily since the more Bitcoin you can trade the higher your profit will become right?

For now I will visit these thread from time to time to keep track (Well it's just entertaining for my part to see your progress)
It is good to see OP converted his 0.005 BTC into 0.018 BTC until now but I also worry about the risk factor OP is bringing him into. Leverage trading shows huge profits but has also proven to be somewhat similar to gambling.

You can even lose everything you have or everything you earned in a single trade if you get careless for even a single day. Hitting the liquidation price would simply make our futures balance disappear which might eat the entire profits made my op until now(0.018 BTC) and OP might need to start from fresh. This situation can be handled a lot easily by just moving the profits into the spot wallet time to time.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: jostorres on March 05, 2020, 01:36:02 PM
I have seen multiple threads like this related to sports betting but none for trading . I am subscribing to this thread , 20000 % profit is insane but not impossible and it seems like you know what you are doing so good luck .
Nothing is actually impossible in the crypto space. We could even have more wider profits than that and even turning 0.005 BTC into 1 BTC would not get a challenging task and might even be completed in few months by constant trading and a lot of hard efforts. I am speculating OP since the start and I have to say that he has made some good progress so far which is bring him close to the target.

Cryptocurrencies are the most volatile markets and hence expecting higher profits is not bad but also you should prepare yourself for higher losses. I wonder if OP has any backup plan in case he need to face loss or his entire funds gets liquidated.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: nelson4lov on March 05, 2020, 04:51:18 PM
Hello OP, What are you currently trading at the moment? I'd like to join you on your journey. I'm looking to get back into trading having left the markets for some months due to some school activities. I'm looking forward to more of your trades and setups.  I've seen your progress thus far and it's impressive.

With the bitcoin halving less than 3 months away, I'm expecting a bull run leading up to that moment. I don't want to miss out on potential profits :)


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: Superalgos on March 05, 2020, 04:57:27 PM
I know what you all are thinking, a 20,000% Gain? Impossible right? Well you're probably right but who cares, im gonna try anyway.

Not crazy if you have the best tools... Superalgos V.0.0.6 is around the corner... Take a quick peek into the new charting space interface:

https://user-images.githubusercontent.com/13994516/76003624-9a389d00-5f08-11ea-916a-779c8d6d307f.png (https://www.youtube.com/watch?v=oyiXLoRhWPw)


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: ice098 on March 06, 2020, 11:27:40 PM
Hello OP, What are you currently trading at the moment? I'd like to join you on your journey. I'm looking to get back into trading having left the markets for some months due to some school activities. I'm looking forward to more of your trades and setups.  I've seen your progress thus far and it's impressive.

With the bitcoin halving less than 3 months away, I'm expecting a bull run leading up to that moment. I don't want to miss out on potential profits :)

For us to do that, we must take and grab the best opportunity right now while the temporary price declination was still there. We can buy cheaper price for the main time, and have the chance to earn profit when maturity comes for your asset. Although we can't expect it to be quick, but will grow our asset within a longer terms.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: metenjean on March 07, 2020, 04:46:07 AM
Will be possible but depend which one coin do you buy or trade, many people use with higher amount for trading but always lost but there are some people could get 0.005 btc become 1 btc in trading because get lucky with his coin trade.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: ideas500k.com on March 09, 2020, 09:25:42 AM
How is the progress going?


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: ScamViruS on March 15, 2020, 05:50:25 PM
I am very interested to see your results. For a long time, I haven't been seeing any updates on your trading results. There are many people like me who might be interested in seeing your results. So update current situation.   

If you reach your goals, this will motivate your success to many new traders. Hopefully the recent market dumps, you have not faced any big loss.


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: ideas500k.com on March 20, 2020, 06:47:28 AM
Been following your calls later, they are very good!


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: JayJuanGee on June 14, 2020, 03:44:50 AM
laddered shorts at 6200, 6300, 6400, 100 contracts each

These laddered shorts may not have gone very well, and if you did not lose all of your money, you may well have lost a considerable amount.  Call me a party poop, but it tends NOT to be a good idea to be fucking around with leverage, because sooner or later it is quite likely to bite you in the ass and take all your profits and potentially your principle too.

But you said that you were employing good risk management, but what happened to you?

 Where's the reporting on the subsequent trades?   

So, my point is that trading and profits might be all fine and dandy in terms of locking in ongoing profits, and maybe you make profits on 50 trades in a row (or maybe 40 out of 50 trades are profitable), and then all those profits can get taken away on a set of bad trades (especially if leveraged) and the price keeps moving against you trade after trade after trade... right?  Is that what happened?

So, even if the trades did not work out and you have to start over, or you are back to your principle, are there any lessons learned?  

Some folks bet in both directions, but hey that does not seem to be your strategy, but instead a kind of Martingale method, which might work until it does not.

Of course, using leverage complicates matters, too... but hey, if someone can consistently make profits and even stack some sats away so that he is only playing with house money that could be great to keep building profits, but the timeline might become a long one, too, and if all of the house money is lost, at some point because the trades keep going against you, then is the trader tempted to dig into his stacked away principle and the stacked away profits?


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: monttvageway on June 14, 2020, 05:05:42 AM
Kindly keep your post updated about your trading journey


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: JollyGood on June 14, 2020, 07:57:29 AM
Your last post here was 3 months ago. What is the current status of your investment?


laddered shorts at 6200, 6300, 6400, 100 contracts each


Title: Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit
Post by: JayJuanGee on June 23, 2020, 06:33:52 PM
I hope you guys realize that 100 contracts is a tiny amount and that when the stoploss hit i only lost 1% of my account

Ok... if you are still going, then many of us would appreciate an update.  You seemed to have had a losing streak, but you did not update where you are at in recent times, and surely it can be a lot of work to trade and to update a thread like this, and surely long breaks will likely raise skepticism if you do not seem to be showing a decent amount of your work along the way...

Of course, opinions are going to differ regarding how much work needs to be shown before people completely lose faith in your representations... and you have already shown a considerable amount of inclination to make really bold statements, which personally I find much harder to give benefits of the doubt in those kinds of situations.