I quit my job to do full-time crypto-trading. Made 12 BTC profit last month

[jaocoincrypto18]

If your job is not a professional jobs or just a utility job then leaving it for crypto is a good move specially if you really earned 12 BTC after quitting but it will be unwise to quit if your job is a professional like Supervisors and Managerial level specially in this bearish market therefore your idea will depend of the nature of your environment as there are lot of unlucky people that there lives became in misery after choosing crypro over their stable jobs.

[shushu9977]

Mark, I think you have great knowledge about crypto trading and many years experience about trading. I have got encourage from you by the post, because I am not a huge businessman, but experience in practical life and trading life, good luck Mark and always new idea gives a man pleasure and also profitable.  

[Mark_R]

So far I think is great you are still keeping tabs on the market I will keep follow to see whats going on and atleast learn one or two tricks and tips from you but truth is i wont quit a job for crypto Just my decision Is too volatile Having extra jobs makes things work both ways

This suits many options, including full-time, part, hobby and even a fleeting interest.. Whatever suits you at a particular moment

[Mark_R]

If your job is not a professional jobs or just a utility job then leaving it for crypto is a good move specially if you really earned 12 BTC after quitting but it will be unwise to quit if your job is a professional like Supervisors and Managerial level specially in this bearish market therefore your idea will depend of the nature of your environment as there are lot of unlucky people that there lives became in misery after choosing crypro over their stable jobs.

Yeah, understand what you are saying. The decision was not spontaneous at all. No impulsive movements are needed in this case.

[Mark_R]

Mark, I think you have great knowledge about crypto trading and many years experience about trading. I have got encourage from you by the post, because I am not a huge businessman, but experience in practical life and trading life, good luck Mark and always new idea gives a man pleasure and also profitable.  

Glad you found it useful. I always open for new ideas and discussions.

[Mark_R]

The other half is closed!

That was a cool short opportunity but currently overall market is rather positive. Even though some altcoins lost ~30-50% along with BTC drop, the hashrate is increased and the price is likely to recover!

[virasisog]

Good for you man, for now i am keeping my job and will keep trading for my free time
but i am really targeting to also quit working so i can focus full time on trading but investment wise i wont rely on trading alone
i will not be employed but i am aiming to established a traditional business to support daily expenses.
I guess being part time or full time really depends on the traders preference.

[Mark_R]

Well, even though it was the largest intraday drop since January 2018 (18% on Tuesday), the market does not look dramatic. The $8000 level is not reached, and the price starts the correction.
The catalysts for the plunge, imo, seems to be the complex.

1. Tech analysis. The triangle was broken out (look at the chart
2. Technical issues. Sudden network hash rate drop
3. Bakkt underwhelming launch that is a good illustration of “buy the rumor, sell the news
But it's substantial not to judge basing on launch day trading activity. Bid for the price growth

[Pipdips]

Mark, I notice that you do everything manually.  Have you ever tried bot (robot) trading before?

[Best Dreams]

Good for you man, for now i am keeping my job and will keep trading for my free time
but i am really targeting to also quit working so i can focus full time on trading but investment wise i wont rely on trading alone
i will not be employed but i am aiming to established a traditional business to support daily expenses.
I guess being part time or full time really depends on the traders preference.

Since long i am also dreaming this way I want to make my own business and for this I am trying to trade and work at the same time. In this expensive era we cannot rely on single way of earning money. So gradually I am also sparing money also suggesting you to spare money so we can setup our own business and also we can carry on trading in free time of our day.

[Mark_R]

Well, even though it was the largest intraday drop since January 2018 (18% on Tuesday), the market does not look dramatic. The $8000 level is not reached, and the price starts the correction.
The catalysts for the plunge, imo, seems to be the complex.

1. Tech analysis. The triangle was broken out (look at the chart
2. Technical issues. Sudden network hash rate drop
3. Bakkt underwhelming launch that is a good illustration of “buy the rumor, sell the news
But it's substantial not to judge basing on launch day trading activity. Bid for the price growth

One more remark on this.

The $BTC price drop might be triggered also by the huge sales of risky assets traditional markets in terms of macroeconomic instability and the start of Trump impeachment .

[Mark_R]

Mark, I notice that you do everything manually.  Have you ever tried bot (robot) trading before?

Definitely yes. But i never rely on bots only. If I use an automanted trading system, I conduct multiple and frequent backtesting. Each algorithm has an expitation date.
I love trading manually. To make it more effective and avoid routine, I use automated supportive services. E.g. statistics.

[Mark_R]

Good for you man, for now i am keeping my job and will keep trading for my free time
but i am really targeting to also quit working so i can focus full time on trading but investment wise i wont rely on trading alone
i will not be employed but i am aiming to established a traditional business to support daily expenses.
I guess being part time or full time really depends on the traders preference.

Since long i am also dreaming this way I want to make my own business and for this I am trying to trade and work at the same time. In this expensive era we cannot rely on single way of earning money. So gradually I am also sparing money also suggesting you to spare money so we can setup our own business and also we can carry on trading in free time of our day.

One of the worthy options. Personally I reinvest the money to the new trading ideas, more trades etc.
Business bears its own peculiarities, but is an interestng and prospective idea as well.

[voltesbit777]

As I noticed in the graph the triangle form was totally broke, But to be honest you are good in giving idea about this mate.
I admired the guts you have for giving up your job. And earning 12 bitcoin in just 1 month, though I don't know how did you do that?
But anyway, I think I need to keep an eye on your activity like this.

[Mark_R]

Just closed the short after the price reached $8,000 level and then crossed it several times.

The level the price fluctuates currently is substantial not only technically, but also psychologically.

[Mark_R]

The 200-day MACD crossed may mean a new venue.

This is already reflected in extreme fear index that is 24 already.

P.S. Note that a sharp drop occurred on the eve of the $BTC options expiration on Deribit and LedgerX, and also CME futures.

[Best Dreams]

Good for you man, for now i am keeping my job and will keep trading for my free time
but i am really targeting to also quit working so i can focus full time on trading but investment wise i wont rely on trading alone
i will not be employed but i am aiming to established a traditional business to support daily expenses.
I guess being part time or full time really depends on the traders preference.

Since long i am also dreaming this way I want to make my own business and for this I am trying to trade and work at the same time. In this expensive era we cannot rely on single way of earning money. So gradually I am also sparing money also suggesting you to spare money so we can setup our own business and also we can carry on trading in free time of our day.

One of the worthy options. Personally I reinvest the money to the new trading ideas, more trades etc.
Business bears its own peculiarities, but is an interestng and prospective idea as well.

This is great if once you made mistake you couldn't have great trading experience then you just have to be good for the next time.  You will have to again trade with new capacity and new determination. You should gaib all related information to avoid lose for the next time. Trading can give you sufficient profit but you will have to carry it properly and keep learning.

[Mark_R]

BEARISH ENGULFING

Shorted after a bearish reversal pattern

110 patterns reward



The pattern is broken down:

[Mark_R]

Good for you man, for now i am keeping my job and will keep trading for my free time
but i am really targeting to also quit working so i can focus full time on trading but investment wise i wont rely on trading alone
i will not be employed but i am aiming to established a traditional business to support daily expenses.
I guess being part time or full time really depends on the traders preference.

Since long i am also dreaming this way I want to make my own business and for this I am trying to trade and work at the same time. In this expensive era we cannot rely on single way of earning money. So gradually I am also sparing money also suggesting you to spare money so we can setup our own business and also we can carry on trading in free time of our day.

One of the worthy options. Personally I reinvest the money to the new trading ideas, more trades etc.
Business bears its own peculiarities, but is an interestng and prospective idea as well.

This is great if once you made mistake you couldn't have great trading experience then you just have to be good for the next time.  You will have to again trade with new capacity and new determination. You should gaib all related information to avoid lose for the next time. Trading can give you sufficient profit but you will have to carry it properly and keep learning.

Yes. If you try and fail, congratulations! Most people won't even Try. You only fail when you quit.

[BaronCoin]

If it’s true that you earned 12 BTC in a month, that’s good. I congratulate you. It’s the right decision that you left your work.