Bitcoin Forum

The price of Bitcoin has fallen 40% since the start of 2015. But with huge volatility comes the potential to make huge profits. Traders have been using platforms, such as BTC.sx (https://btc.sx/r/top10pricecrash), to profit from large price swings.

We have put together the top ten most profitable trades during the price crash. Some of them may surprise you.

10. Riding the Correction

Open: 181.66 USD
Direction: Buy
Close: 204.10 USD
Profit: 1.18 BTC / 88.02%

https://i.imgur.com/f7wT9oT.png

At number ten we have a trader riding the bounce after Bitstamp recorded a 152.4 USD low. This trader turned a 1.3 BTC deposit into a 1.18 BTC profit in just 21 minutes thanks to our 10x leverage.

What was particularly clever about this trade was the large deposit size. This meant that, if bitcoin followed a double bottom pattern, the trader could ride out any further declines and still profit from an upwards correction.

9. Following the Sell-Off

Open: 236.07 USD
Direction: Sell
Close: 202.79 USD
Profit: 1.27 BTC / 137.12%

https://i.imgur.com/1kqyYrS.png

Our trader at number nine opted to trade on Bitfinex — at BTC.sx, traders can switch exchanges with a single click. Spotting fear in the market, this trader entered a short position, with 10x leverage, while the price was falling at 236.07 USD.

After recording substantial gains, the trader closed the short at 202.79 USD. While more profits could have been made by closing sooner, the trader exited the short before a large correction.

8. The Lunch Time Trade

Open: 191.20 USD
Direction: Buy
Close: 206 USD
Profit: 1.40 BTC / 56.41%

https://i.imgur.com/3equ7Db.png

Our lunch time trader was able to make a tasty 1.40 BTC profit in just 45 minutes. While the trader did not catch the main market movement, a 2.47 BTC deposit and 10x leverage increased his potential exposure.

This lead to a 56.41% return by perfectly timing their entry and exit points. Not being too greedy helped this trader exit his long position well before the market continued to decline.

7. The Denied Double Bottom

Open: 175.99 USD
Direction: Buy
Close: 201.24 USD
Profit: 1.58 BTC / 100.10%

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

Back at Bitstamp another trader doubled his deposit by catching the major correction. This trader made a great call when they decided that the price would not retrace lower than 175 USD.

With a 1.58 deposit and 10x leverage, this trader made a 100% return as the market moved upwards. Like most successful traders, they did not get greedy — rather the position was closed to realize their gains before the market changed direction once again.

6. The Quick Buck

Open: 191.65 USD
Direction: Buy
Close: 205.78 USD
Profit: 1.77 BTC / 53.32%

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

Just a few minutes slower than the previous trader, another user profited from the bounce. When it appeared that the correction still had more momentum, this trader went long with 3.33 BTC leveraged at 10x.

The importance of not getting too greedy when trading is very clear in this trade. They could have made twice as much profit in half the time if their position was closed sooner. However, making a 53.32% return in only ten minutes remains a great result.

5. Calling the Bottom

Open: 199.44 USD
Direction: Sell
Close: 175.87 USD
Profit: 1.82 BTC / 107.31%

https://i.imgur.com/U3w1iTm.png

Our trader at number 5 managed to close a short at a lower price than any other trader. Closing the position at 175.87 USD was just 9.42 USD above the Bitfinex low of 166.45 USD.

This brave trader anticipated a retrace before a major correction and timed their entry and exit points accordingly. Consequently, their 1.69 BTC deposit generated a profit of 1.82 BTC.

4. Playing the Long Game

Open: 225.21 USD
Direction: Sell
Close: 196.53 USD
Profit: 2.03 BTC / 121.57%

https://i.imgur.com/nKQJn3i.png

Just missing out on a podium spot, we have a trader who shorted bitcoin for 27 hours. Seeing the market declining, this trader followed the trend and shorted a 1.68 BTC deposit to more than double their holdings.

However, this trader could have easily made more by realizing their gains. It was not until the market began to correct with momentum that they decided to close the position.

3. The Early Bird

Open: 268.37 USD
Direction: Sell
Close: 245.99 USD
Profit: 2.07 BTC / 75.58%

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

In third place we have a very interesting short. This trader was shorting before the first sell-off and kept the position open even when the price rallied 7 USD higher.

Eventually the price dropped allowing the trader to net 2.07 BTC from a 2.73 BTC deposit. This trade shows the benefits of not setting stop losses too low. While they did miss out on most of the action, they should be praised for not getting greedy and taking profits.

2. The ROI Winner

Open: 228.07 USD
Direction: Sell
Close: 185.90 USD
Profit: 2.12 BTC / 194.11%

https://i.imgur.com/rGad88o.png

Although this trader came second in terms of BTC, they did win in terms of % gained. A 194.11% return on investment was achieved by opening a short position with 10x leverage after the price broke key support at 230 USD.

Similar to the previous trade, they initially lost money on their position. Thankfully, their stop loss was not set too low and they kept their position open to profit hugely from large sell-offs.

1. The Whale

Open: 226.23 USD
Direction: Sell
Close: 188.84 USD
Profit: 7.33 BTC / 137.47%

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

In first place we have a trader that generated a 137.47% return on a 5.33 BTC deposit to produce a 7.33 BTC profit. This trader followed the market lower and was not deterred by minor corrections on the way down.

This trader was smart to close his position within 24 hours, avoiding the daily funding charge and exiting close to the bottom. The remarkable profit shows the power of 10x leverage.

Lessons to be learnt:

Do not panic if the market initially turns against you — many of our profitable traders initially lost money on their position.

Do not set stop losses too low — setting a stop loss to low will force you to exit a position even if you are not worried about the market moving against you.

Consider closing your positions early before each 24 hour duration— this allows you to avoid a daily funding charge.

Do not get greedy — closing positions guarantees your profits.

If you want to use the power of leverage / margin trading to increase your potential returns, check out BTC.sx. We offer up to 10x leverage on Bitfinex, Bitstamp and itBit. (https://btc.sx/r/top10pricecrash)

Can you post losing trades?

How about this?
https://i.imgur.com/vg5Vvbv.png

/troll :)

Best short trade ever! With 1:10 leverage.

something tells me they won't :)

As you can expect, those are all trades going long with 10x leverage before the sell-offs began. They are not as interesting as those making profits.

of course they are not interesting in terms of people opening new accounts! ;) like "a guy shorted with x10 leverage from $160 and losing 10 bitcoins in two hours due to margin call", what a sad, non-interesting use-case would it be :)

I also would like to see the top losers. I'm curious to know if you had any double digit losers.

Also, I'm surprised those were the biggest winners, I thought you guys took double digit longs/shorts?

As some others said it above and from my previous experience..

While i was wasting money on the track with stupid 4 legged mammals called horses I read and heard about lots of people making money and winning thousands at 1/25 1/33 odds , every day another "fortunate" winner .

But not once have I seen a story about how much people lost. And hell , I for once have lost more than some of those have won :).
But i never got my "experience" published.

Are these all your trades ? Or is it from the profitable traders ?

This is why I love fear.  :D
It's so freakin profitable!

gotta agree with you. its so freaking easy to predict the price when those price crash happens :)

You posted the 10 most profitable theoretically possible trades.

Thought you would show people that managed to make money during the free fall.

The top 10 most profitable traders

We did show people that made money during the free fall.

If this was just theoretical, the most profitable trades would be shorting at the top and exiting at the bottom.