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

[Mark_R]

ONLINE TRADE - 230 POINTS GAIN

Closed the trade at $8140. Pure beautiful retest, admire it.

[ableh]

In my opinion quitting the job is the wrong choice, because crypto trading is not always profitable. This month you get profit 12 BTC, but in the following month maybe you could have lost 12 BTC. Imagine if you do not have a job, how do you pay bills and other needs? But this is your decision, good luck bro

[Omega Weapon]

This is great and this is the proof that we can make a living in cryptocurrrency. A lot of people that I know especially my relatives doesn't believe me when I say that there is money here in cryptocurrency and they just need to be patient in finding the opportunities but they just ignore me and laugh at me and now I am way ahead of them and also trying to learn the advance skills of trading.

This is not rare at all, many people get their ideas from the media and since most of the time they hear about all the bad stuff a minority of people do in the market then they assume that everyone that is involved with cryptocurrencies is the same, not understanding that is just not true, it is like saying that those that use fiat are a bunch of criminals just because a few people use fiat to do illegal stuff, but forget about them when the market skyrockets they will be the ones asking you for advice about how to make money in the market and then you could tell them to build a time machine and listen to you when you talked about cryptocurrencies to them.

[Mark_R]

Trends war at $ETH chart. Opened a long yesterday in the upwards channel right after bullish trend breakout.

Still waiting inside.

[Mark_R]

In my opinion quitting the job is the wrong choice, because crypto trading is not always profitable. This month you get profit 12 BTC, but in the following month maybe you could have lost 12 BTC. Imagine if you do not have a job, how do you pay bills and other needs? But this is your decision, good luck bro

Yeah. It is so. But when you are in trading for years, you manage to do good risk and money management that makes your trading more or less stable

[MURONDI]

Trends war at $ETH chart. Opened a long yesterday in the upwards channel right after bullish trend breakout.

Still waiting inside.

I was impressed with the 12 btc results, do you only rely on technical analysis of support and resistance,? do you also use other indicators to determine the direction of the trend,? what is the most profitable trading indicator in your opinion.?

[Mark_R]

Look what we have here. How this was growing and fell suddenly. Typical of cryptocurrencies.

[djselery]

It seems that you are experienced enough to make this huge amount in a month by trading. It is not the case for me, nor for most traders around the world in my opinion. That is why I prefer to treat trading cryptocurrencies as an additional source of income, while keeping my regular job. In addition, the market is down and the volatility is high, so the trading income isn't really stable to fulfill my daily bills.

[ice098]

It seems that you are experienced enough to make this huge amount in a month by trading. It is not the case for me, nor for most traders around the world in my opinion. That is why I prefer to treat trading cryptocurrencies as an additional source of income, while keeping my regular job. In addition, the market is down and the volatility is high, so the trading income isn't really stable to fulfill my daily bills.

Indeed as what I have read base on his post, he has a years in experience in trading. He has many knowledge on it. Reading charts and patterns is really a big help to traders. Plus add the fact that maybe he buys when the bitcoin is at its dip price last last quarter then  we all know that bitcoin price now gets higher.

[Mark_R]

It seems that you are experienced enough to make this huge amount in a month by trading. It is not the case for me, nor for most traders around the world in my opinion. That is why I prefer to treat trading cryptocurrencies as an additional source of income, while keeping my regular job. In addition, the market is down and the volatility is high, so the trading income isn't really stable to fulfill my daily bills.

That's a good point. When you are not sure or have any ANY factor that makes you hesitate, you are free to earn (even a lot) at part-time.
Wish you good luck

[Mark_R]

Nice range after BTC yesterday's jump.

76 points in diapason trade at the 3rd touch of the support.

[Best Dreams]

Look what we have here. How this was growing and fell suddenly. Typical of cryptocurrencies.

According to this price graph, I can see the price of bitcoin is increasing and decreasing randomly so it can never remain in a single place but keep moving. I guess October is going to be a good year for traders and price seems to be rise at a specific height. I try to invest more as 2019 shows to be ending profitable and trading will gain more scope as a profession.

[AUruHM]

Nice range after BTC yesterday's jump.

76 points in diapason trade at the 3rd touch of the support.

As I see you were too close to liquidation price due to this trade. And so, what you make in such a situation? Stop-loss? More collateral? Something else?
And what margin leverage do you use? Is it a secret?  

[KCL257]

Nice gains Mark.. just bought Murphy's TA of the Financial Markets by your recommendation!

[NewRanger]

that's good result for full time trader in cryptocurrency market.its not only happen in cryptocurrency market, if we focus and consistant with our goal i think its possible to achieved.this man could made 12 btc profits from his trading because they know how to controll his emotion and psychology.trading skill was very important but emotion and mental will take place too in our success story.not every one that be full time trader could do the same thing, becaused they have different think when lead it.

[Mark_R]

Classical Pump&Dump story. This time I managed to catch the movement. Just closed the trade

[Mark_R]

Nice range after BTC yesterday's jump.

76 points in diapason trade at the 3rd touch of the support.

As I see you were too close to liquidation price due to this trade. And so, what you make in such a situation? Stop-loss? More collateral? Something else?
And what margin leverage do you use? Is it a secret?  

Close to liquidation? Not really, why you supposed so?
As for the leverage, it is up to 12. Higher leverage for my strategy and deposit is dangerous. Btw, fo the majority of strategies 12 is more than enough. 6 is better.

[Murat]

Well done, You have made my day, I think such inspiration like you always find the best way to get a good result, Quitting a job is very tough in the current context because no one can't take this challenge, but you have made a huge achievement by gaining 12BTC within a month, That's great. I also had some amount of Bitcoin which is just holding purpose, I think it will bring to me a lot when the price increase, I am sure that the price is going to up at the end of this year because I predict that this year is 10th anniversary of Bitcoin so something special will come in to this year, It's also a confession of myself that day by day this platform is getting my primary income source and it's become an important part of my life.

[AUruHM]

Nice range after BTC yesterday's jump.

76 points in diapason trade at the 3rd touch of the support.

As I see you were too close to liquidation price due to this trade. And so, what you make in such a situation? Stop-loss? More collateral? Something else?
And what margin leverage do you use? Is it a secret?  

Close to liquidation? Not really, why you supposed so?
As for the leverage, it is up to 12. Higher leverage for my strategy and deposit is dangerous. Btw, fo the majority of strategies 12 is more than enough. 6 is better.

You buy near 8540 for long. And the price was down close to that price - 8550 or the same. How much collateral needs for trade? Or it's a non-linear as at the OKex?

Do you trade on Deribit or OKex with margin? I hear those exchanges don't have technical troubles as for Bitmex due to big movements

[johnpaul94]

This is awesome if it is true but I believe one can still  function fully at his job and trade in crypto making a lot of profits