Earning a living from cyptocurrency options trading

[praprata]

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.

Maybe it is possible but it does not really mater to me because I do not want to rely on a crypto currency because you never know which way it goes.
It is not stable and that is what it is much better as a secondary income.

[mirakal]

Does Algoswan still update this thread? He said that he will post his live trades. I think it would be interesting to watch and learn from what he does and the moves he makes with Bitcoin and Ethereum. I am still a newbie in trading and I would like to know how much in average does he earn from trading. Also if my starting capital is 10 BTC how much would I expect to earn each month learning his style?

I've heard of some people that are able to make $1000 on some larger market movements with some alts that they pump or just catch a nice movement on, however a lot of those numbers can be debated and the one-day moves are quite rare and it isn't easy to see one of them on the horizon until they happen, and even by then it is typically too late. As for having 10 BTC as a starting capital, you would be looking at somewhere around the same ballpark, however being new to trading you should just do small trades at first and learn how everything works before you start to get heavily invested in anything.

As for how good you'd do following Algoswan's technique, I have no idea because I don't know what he does.

With that amount of earning you need to have a bigger amount of capital to start  in trading, that is the direction I am planning to go to earn a living in trading. Although it is hard to achieve but I am learning it now, as I start with a small amount of money.

[AlgoSwan]

Does Algoswan still update this thread? He said that he will post his live trades. I think it would be interesting to watch and learn from what he does and the moves he makes with Bitcoin and Ethereum. I am still a newbie in trading and I would like to know how much in average does he earn from trading. Also if my starting capital is 10 BTC how much would I expect to earn each month learning his style?

I think most people posting in this thread confuse cryptocurrency trading with cryptocurrency options trading. In options trading, you don't have to be right in your predictions all the time. Just google following: covered calls which is my main strategy to earn a living from cryptocurrency options trading.

[Wind_FURY]

Does Algoswan still update this thread? He said that he will post his live trades. I think it would be interesting to watch and learn from what he does and the moves he makes with Bitcoin and Ethereum. I am still a newbie in trading and I would like to know how much in average does he earn from trading. Also if my starting capital is 10 BTC how much would I expect to earn each month learning his style?

I think most people posting in this thread confuse cryptocurrency trading with cryptocurrency options trading. In options trading, you don't have to be right in your predictions all the time. Just google following: covered calls which is my main strategy to earn a living from cryptocurrency options trading.

Ok thanks for making that clear to us. So where can we start trading cryptocurrency options and when will you demonstrate your live trades in the thread? I would also like to know what books and youtube videos would you recommend for starting to learn options trading.

[MingLee]

Does Algoswan still update this thread? He said that he will post his live trades. I think it would be interesting to watch and learn from what he does and the moves he makes with Bitcoin and Ethereum. I am still a newbie in trading and I would like to know how much in average does he earn from trading. Also if my starting capital is 10 BTC how much would I expect to earn each month learning his style?

I've heard of some people that are able to make $1000 on some larger market movements with some alts that they pump or just catch a nice movement on, however a lot of those numbers can be debated and the one-day moves are quite rare and it isn't easy to see one of them on the horizon until they happen, and even by then it is typically too late. As for having 10 BTC as a starting capital, you would be looking at somewhere around the same ballpark, however being new to trading you should just do small trades at first and learn how everything works before you start to get heavily invested in anything.

As for how good you'd do following Algoswan's technique, I have no idea because I don't know what he does.

With that amount of earning you need to have a bigger amount of capital to start  in trading, that is the direction I am planning to go to earn a living in trading. Although it is hard to achieve but I am learning it now, as I start with a small amount of money.

I've heard that those people only trade something around 10 BTC and not a whole lot more, however I could be wrong. Please also note that the $1,000 profits were mostly made off of single-day movements that were big and not necessarily common. It could have been a stroke of luck, and I don't know what they're making on a normal day.

[23dzmaz]

I think people can earning a living from cryptocurrency options trading, but you need big balance/bankroll to earn much profit. You also earn a living though even you only have small balance, but the profit will be small.

[maudevang]

I think that its possible of course its also a sort of risky because trading is normally risky so that is the downside of it all but you know what people are saying right, without risks there is no profitable job.

[MyBTT]

It's very possible. If you have the budget, you can pump into or out of the coin in question and effectively control the price.

[mace15]

This is possible earning a living from cryptocurrency which
options is trading only. Like me, my way to earn in bitcoin
is trading were I really gain proft well. This is the way I
choose in bitcoin on how to earn but I know its really risky.

[DashCoinDark]

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.

Earning a living with Bitcoin is possible but I do not think that it is possible for everyone because you will need to handle in allot of them.
You will have to invest allot of money if you want to be able to to that.

[Fredomago]

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.

Earning a living with Bitcoin is possible but I do not think that it is possible for everyone because you will need to handle in allot of them.
You will have to invest allot of money if you want to be able to to that.

yes mate if you really looking to earn to make a living you also needed to have big starting capital since you will not always earn  big unless you have good deep understanding from the project you are supporting with, a lots of things to consider but very possible me i'm doing it by now because i got good entry coming from an ico coin which deliver big success i got 3btc to start and for me it can make some good earnings from time to time.

[Casmalum]

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.

Earning a living with Bitcoin is possible but I do not think that it is possible for everyone because you will need to handle in allot of them.
You will have to invest allot of money if you want to be able to to that.

Trading the altcoin could be good as long as the price of the altcoin and the bitcoin rises in the long term.

[ronaldo40]

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.

Earning a living with Bitcoin is possible but I do not think that it is possible for everyone because you will need to handle in allot of them.
You will have to invest allot of money if you want to be able to to that.

yes mate if you really looking to earn to make a living you also needed to have big starting capital since you will not always earn  big unless you have good deep understanding from the project you are supporting with, a lots of things to consider but very possible me i'm doing it by now because i got good entry coming from an ico coin which deliver big success i got 3btc to start and for me it can make some good earnings from time to time.

you're wrong, I don't think it should be started from a large capital. even, completely with you don't have capital it can earn.
to be honest, when I first used bitcoin, only hunting free bitcoin. until eventually I joined a signature campaign and get enough results. After a few months I collect. then I tried to learn a trade, indeed in the beginning I always lose. but in the end I was able to make a living from it all.

[danherbias07]

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.

Earning a living with Bitcoin is possible but I do not think that it is possible for everyone because you will need to handle in allot of them.
You will have to invest allot of money if you want to be able to to that.

Trading the altcoin could be good as long as the price of the altcoin and the bitcoin rises in the long term.

If it is just for earning then I am good with it as long as alts are fluctuating. With the bitcoin just slowly rising I dont think of it much. I would be better off creating more through trading to expand the number of my bitcoins.

[PsursV]

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.

Maybe it is possible but it does not really mater to me because I do not want to rely on a crypto currency because you never know which way it goes.
It is not stable and that is what it is much better as a secondary income.

yes i have the safe thought for bitcoin, i consider the income of bitcoin as secondary income and not going to depend  on bitcoin for living. there is no doubt about this that bitcoin give me a good profit but still i can not depend on bitcoin for living.

[Doamader]

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.

Earning a living with Bitcoin is possible but I do not think that it is possible for everyone because you will need to handle in allot of them.
You will have to invest allot of money if you want to be able to to that.

yes mate if you really looking to earn to make a living you also needed to have big starting capital since you will not always earn  big unless you have good deep understanding from the project you are supporting with, a lots of things to consider but very possible me i'm doing it by now because i got good entry coming from an ico coin which deliver big success i got 3btc to start and for me it can make some good earnings from time to time.

you're wrong, I don't think it should be started from a large capital. even, completely with you don't have capital it can earn.
to be honest, when I first used bitcoin, only hunting free bitcoin. until eventually I joined a signature campaign and get enough results. After a few months I collect. then I tried to learn a trade, indeed in the beginning I always lose. but in the end I was able to make a living from it all.

Soo you able to trade and live from those, its amazing to know someone doing such, usually when i try trading i join on the wrong moment into the pumping and dumping moment, soo i avoid it, i do make small trades while in a while, i dont have time to be looking at those coins news all days.

[Wind_FURY]

I think people can earning a living from cryptocurrency options trading, but you need big balance/bankroll to earn much profit. You also earn a living though even you only have small balance, but the profit will be small.

Yes I agree. When I was doing some quick reading about trading I realized that you need to focus on the dollar amount when making a trade. So that would mean that you must have a decently sizable starting balance to make it your "job". Doing so with a small balance would be a waste of your time if you intend to earn a living out of it. It is better to have a real job and trade only as a hobby.

[wikenpp]

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.

Maybe it is possible but it does not really mater to me because I do not want to rely on a crypto currency because you never know which way it goes.
It is not stable and that is what it is much better as a secondary income.

It is possible to do that but you will have to have allot of Bitcoin or a other crypto currency to make something like that happen because you will have to have allot if you want to make enough money. I know that it is not going to happen with me.
I am just doing this on the side next to my job that is the best way of doing it. 

[dunfida]

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.

Maybe it is possible but it does not really mater to me because I do not want to rely on a crypto currency because you never know which way it goes.
It is not stable and that is what it is much better as a secondary income.

It is possible to do that but you will have to have allot of Bitcoin or a other crypto currency to make something like that happen because you will have to have allot if you want to make enough money. I know that it is not going to happen with me.
I am just doing this on the side next to my job that is the best way of doing it. 

I agree with you, if  you have lots of  bitcoin and  altcoins  on investment maybe its possible  but   not all people  do possess  huge amounts of bitcoin thats  why its impossible to make a living  with it  on trading. Same as  yours  i would treat  trading  as a side  job for more potential  profits on the long run.

[gandame]

Earning a living from crypto currency maybe but i think we need big capital for we to earn big and we have a big profit to get if our capital is big. Trading is good way to earn money because you can double it your money in short time. But if your capital is small i think its hard to earn a living if we have get a small profit.