Making a Living Day Trading Cryptocurrency

[chainoperator]

Hey everyone,

I've been making my entire living day trading crypto for 14 months. Here's an article on how I got started and how I make it work: https://chainoperator.com/making-a-living-day-trading-cryptocurrency/

Would love feedback!

[1714935957]

1714935957

[13abyknight]

Hey everyone,

I've been making my entire living day trading crypto for 14 months. Here's an article on how I got started and how I make it work: https://chainoperator.com/making-a-living-day-trading-cryptocurrency/

Would love feedback!

For your first post on the forum, the article was a really good read. Personally don't trade that much but will take all of the points and experiences that you have mentioned. It's unfortunate that you still have those 3500 Bitcoins held up as it would've instantly made you a millionaire but still $650 for the whole lot and eventually selling it for $550 per coin was still a savage deal. 

[Carmen01]

Yes we can do that in trading daily but you need a big money for investing and its no assurance if you do trading you can earn here in trading daily but you can lose also i think the best in trading is do it but not all of your money and dont rely only in trading here in bitcoin,i think read also some topic here in services and beginners and help theres a lot of information to earn

[chainoperator]

For your first post on the forum, the article was a really good read. Personally don't trade that much but will take all of the points and experiences that you have mentioned. It's unfortunate that you still have those 3500 Bitcoins held up as it would've instantly made you a millionaire but still $650 for the whole lot and eventually selling it for $550 per coin was still a savage deal. 

Thanks 13abyknight!

Definitely a shame about my 3500 BTC but I'm looking ahead now.

[piloder]

One of the finest article I have ever read and I also got quite motivated after reading your story. Right now I am just focusing on larger gains of over 10% every day and haven't realized that we can make really huge sum after 2 years by just starting with $1000 with 1% daily profit.

I also think 1% per day is quite possible with almost every alts with good daily trading volume. Thanks for the article, I will subscribe you.

[giveen]

Hey everyone,

I've been making my entire living day trading crypto for 14 months. Here's an article on how I got started and how I make it work: https://chainoperator.com/making-a-living-day-trading-cryptocurrency/

Would love feedback!

Not gonna lie at all this article is probably the best one out there. But still living with just trading is really risky people have lost money before of the exchanges fault.

Yes we can do that in trading daily but you need a big money for investing and its no assurance if you do trading you can earn here in trading daily but you can lose also i think the best in trading is do it but not all of your money and dont rely only in trading here in bitcoin,i think read also some topic here in services and beginners and help theres a lot of information to earn

Not really you don't need lot of investment as he mentioned start low everyone will mostly have a job but try saving some funds and trade little by little when you are completely sure and have a decent amount of stock you can continue as a crypto trader.

Thanks 13abyknight!

Definitely a shame about my 3500 BTC but I'm looking ahead now.

It's fine man paying rent would be more important i get it 3500 btc is more than a million today but if we knew this in past no one would have sold it. Forget the past your next goal should be making 5% from your trades .

One of the finest article I have ever read and I also got quite motivated after reading your story. Right now I am just focusing on larger gains of over 10% every day and haven't realized that we can make really huge sum after 2 years by just starting with $1000 with 1% daily profit.

I also think 1% per day is quite possible with almost every alts with good daily trading volume. Thanks for the article, I will subscribe you.

Yes indeed it is totally possible. Trying to make 10% is no harm it just takes more time and more risk keeping your profits low but doing more trades is more profitable than 10% from just one trade.

[chainoperator]

One of the finest article I have ever read and I also got quite motivated after reading your story. Right now I am just focusing on larger gains of over 10% every day and haven't realized that we can make really huge sum after 2 years by just starting with $1000 with 1% daily profit.

I also think 1% per day is quite possible with almost every alts with good daily trading volume. Thanks for the article, I will subscribe you.

Thanks for the kind words piloder! 1%/day is totally manageable and profitable if you have a long-term mindset.

[DaMut]

Good story from you mate 
I liked it when i saw "The goal is to get more Bitcoin", also whenever i saw about a positif mindset i always find it funny and at the same time cool.
Like your Q&A "If i sell it to pay the bill and Bitcoin price fly to the sky tomorrow what will happen ? Your paid your bill".
I bet you missed a trade and you tried to find something to control emotion with a rational reason,right ? Because i did it,after a hour i encash it the price surging.
Also because of that if i can prevent a daily trading,i will not touch it because right now the profit that i get from day trade will never surpass my long trade.

Chasing for 1% profit everyday is possible,but bear it in your mind sometimes because of chasing it you will miss a bigger one,if i can recommend it to you it would be better to di it weekly.

[mobnepal]

Gone through each and every words in your article without taking any break in between. I love the way you have written your story and actually I am also trying to make enough to pay my bills or atleast cover my living expenses. I am making some good income with day trading better to say weekly trade. But I have to hold some of the coins I bought to sell tomorrow for many weeks so that my money usually get stucked on them just like your situation with stratis.

I will try to look for small % gain every day with half of my bankroll while continue to trade other half to cashout on monthly basis to pay my rents and other expenses. Would like to read more of your articles in future...

[jamesdavidso2]

Cool article, keep going! I like your experience, especially the "don't evade taxes" thing.

[MissionPhailed]

Brilliant! You've got a set strategy you apparently won't deviate from (1% profit daily) and measure your crypto in BTC. It is tempting to aim for a 50 or 100% profit but it is damn risky, as I have experienced. I'm currently looking for ways to trade and that article of yours is certainly something to consider. Now I 'only' need to learn how to read graphs. Thanks for insight on your trading experience!

[frowsiter]

That’s just cool to read man. It was like going all through the history until now. I’m sure your journey was very exciting until you found out that yo made mistake after selling the coins too early.


I was excited to know about your ethereum investment while I was reading but your move was pretty good as you did not sell it. But you also did not tell what you did with it.


Nice move with your company Bitfountain but I wish you could have continued it for longer. You have been challenging with your life I guess. Such a good read really.

[ajqjjj]

That’s just cool to read man. It was like going all through the history until now. I’m sure your journey was very exciting until you found out that yo made mistake after selling the coins too early.


I was excited to know about your ethereum investment while I was reading but your move was pretty good as you did not sell it. But you also did not tell what you did with it.


Nice move with your company Bitfountain but I wish you could have continued it for longer. You have been challenging with your life I guess. Such a good read really.

you are nicely explained in your journey. This is also my thought. But some changes in a day to day life. Long term savings is the best to selling the Bitcoin or Ethereum. Many of the traders are sell it quickly. This is the main lag for all the users and traders. We spend daily more time in forum. But we miss many natural scenario and family life also more complex. So we can sacrifice the both things.

[nidacoinlove]

Well this is a nice motivational article as well as a guideline to those who are interested in earning a high percentage in a little time. Your idea of earning a little percentage as 1% but a continuous cycle of earning is much better than going for a high percentage of profit while lose instead of earning. This is basically controlling greed element and whenever you control your greed emotions you are set on the path to success.
By the way I liked the idea of making a house to live in rather than paying apartments rent and riding in tesla. 

[PointHope]

Hey everyone,

I've been making my entire living day trading crypto for 14 months. Here's an article on how I got started and how I make it work: https://chainoperator.com/making-a-living-day-trading-cryptocurrency/

Would love feedback!

Excellent well writen article, enjoyable read, good story.
I just started the day trading with a similar strategy using btc as my base, and aiming for 1-2% gains.
Trouble is the past  couple days my favorite high volume coins have gone flat, not hitting the sell price.
Anyway I can see some strategy adjustments might be in order.

 cheers and thanks.  

[miyaka26]

If you keep that 3500 bitcoin that you owned way back 2011 your a millionaire now, well that's life and you have to resist the temptations of spending bitcoins that time as it was swinging and now just 1 bitcoin will cost almost $6000, that's what the trading for that you have to speculate what will happen next, what will be the price for the next hours is it positive or negative, do i need to wait and hold it or sell and find another alternative method. you article is pretty good, great thing you added your biography about bitcoin and how you started and now you are making a living out of it i wish can do that. I'm planning also to go for trading cheers for me.

[sedwardgul]

One of the finest article I have ever read and I also got quite motivated after reading your story. Right now I am just focusing on larger gains of over 10% every day and haven't realized that we can make really huge sum after 2 years by just starting with $1000 with 1% daily profit.

I also think 1% per day is quite possible with almost every alts with good daily trading volume. Thanks for the article, I will subscribe you.

If you only aim for 1% profit dont you loose most of it in trading fees ?
Poloniex charge 0.25% plus if you then transfer to another exchange you loose another few %.
So realistically you would only make 0.5 to 0.7%

Is that correct ? I can’t seem to see how this works.
Thanks

[wallywithabrolly]

One of the finest article I have ever read and I also got quite motivated after reading your story. Right now I am just focusing on larger gains of over 10% every day and haven't realized that we can make really huge sum after 2 years by just starting with $1000 with 1% daily profit.

I also think 1% per day is quite possible with almost every alts with good daily trading volume. Thanks for the article, I will subscribe you.

If you only aim for 1% profit dont you loose most of it in trading fees ?
Poloniex charge 0.25% plus if you then transfer to another exchange you loose another few %.
So realistically you would only make 0.5 to 0.7%

Is that correct ? I can’t seem to see how this works.
Thanks

BUMP...

This is where I'm confused as well. Measuring the rise and fall of your overall BTC holding and aiming for 1% increase each day is fine and, as you say, could be a lucrative strategy... but surely you need to make more than 1% per day to make up for the BTC you lose transferring ALTs to and from BTC??

D

[Zocadas]

Yes we can do that in trading daily but you need a big money for investing and its no assurance if you do trading you can earn here in trading daily but you can lose also i think the best in trading is do it but not all of your money and dont rely only in trading here in bitcoin,i think read also some topic here in services and beginners and help theres a lot of information to earn

No, there isn't much money needed. If you have 100$ in Bitcoin and can get managed to make 2% profit a day by trading and reinvest them daily, you would have 124.756,11$ after a year. And there is even not calculated in the climb of Bitcoin.
But who can make 2% profit a day legally without pumping dumping?

[Mahanton]

Yes we can do that in trading daily but you need a big money for investing and its no assurance if you do trading you can earn here in trading daily but you can lose also i think the best in trading is do it but not all of your money and dont rely only in trading here in bitcoin,i think read also some topic here in services and beginners and help theres a lot of information to earn

No, there isn't much money needed. If you have 100$ in Bitcoin and can get managed to make 2% profit a day by trading and reinvest them daily, you would have 124.756,11$ after a year. And there is even not calculated in the climb of Bitcoin.
But who can make 2% profit a day legally without pumping dumping?

The answer of that question is definitely "no one" since theres no guarantee that you can able to make up 2% on a certain day due to price movements which is really hard to predict and making it as a living would really be like gambling and shouldn't really be done if you are just on desperation state because most of the time you would really mess up on your trading because you are pressuring yourself too much on having setting up those fixed goals.