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

[barabarian1]

I think you are a brave person in making decisions, because you have left your job and are more focused on spending your time in crypto trading. for myself maybe it would be a very difficult decision if I had to leave my job, because I think crypto trading also has risks. and I congratulate you if you have got 12 btc. pretty fantastic value if in a month can get 12 btc. maybe I will take my time to look at your trading analysis and instructions, as my learning material in trading.

[Colt81]

It is very difficult to do full-time crypto trading because you need to sit and watch the market movements for hours, and you will be empty handed that where would get a money to provide your necessities. But if you are great in making crypto trading as a full time job, i think you don't face any financial problems at all because you are getting in touch with the market and you are earning good profits from it.

[AjithBtc]

Not everyone can be the same as Op who has profited big out of trading. This needs luck, along with it continued learning is a must. Without learning it is impossible to profit out of trading, other than few exceptions who make profit out of luck. Full time crypto trading is good for the users who never think of profiting or depend on this as the primary source for living.

[jerry0]

I posted in this thread earlier and have few questions for Mark.



1.  Where are you located?  Us or another country?


2.  How much did you start with?  In terms of fiat and btc to do this.


3.  So you only trade btc only?  Do you recommend only trading btc?  Or btc and other usd coins like eth and litecoin and the big ones?


4.  Now when you buy btc at say 6k and sell it at 7k... is everything you keep in usd or tether usdt or do you always convert it back to btc?  Some ppl say when you trade, goal is to accumulate more btc.  But if you trading, shouldn't goal be to make more fiat profit thus usd?  Or even usdt?  Because here in title you say you made btc profit. 


5.  But say you want to accumulate btc.  Wouldn't you be paying 2 fees each time?  Example with usd or usdt, you buy btc and get amount of btc.  Now price of price goes up a lot.  Now you sell btc for usd or usdt right?  So your balance most of the time is in usd or usdt when you are ready to buy soon?  But when you buy btc, do you usually have some usd or usdt left in case you want to buy more when btc dips?


6.  What exchange/site do you do this on?  Would you suggest someone trading only btc to use something like coinbase/gemini where selling and buying btc is fiat?  But say you use binance or exchange that use usdt... doesn't that make no sense since say you first have usd and buy btc at coinbase.  Then send btc to binance to buy/sell btc but each time you sell btc , you get usdt.  But if you want to convert this to real money which is usd... you need to buy btc again with usdt on binance and send btc to coinbase/gemini and then sell it for usd.  Its like you are paying trading fees twice? Of course that amount isn't that much but it can add up.


7.  What has been your worst month in term of profit and best month since you posted this?  Also you still keep everything in btc?  I mean if you do this full time, don't you need to sell it for usd for bank transfer for profit and living expenses?  Or you have enough for living expenses that you are just now accumulating btc?

[doomistake]

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

I would say the same, though I'm not really fully commited on my job, I hate to be an employee that is why I am a freelancer and I will remain a freelancer, but I'm earning more here so I'm only doing a part-time extra job whenever I have freetime. Having two source of income is very reassuring, I'm not that professional too when it comes to trading but I trust my skills in the part-time job I am making.

But I know we could be all professional Traders if we are going to spend time on studying it and will remain persevering on earning in cryptocurrency.

[Mark_R]

The retest opportunity resulted into successful long at BNB/USDT

[Mark_R]

I posted in this thread earlier and have few questions for Mark.



1.  Where are you located?  Us or another country?


2.  How much did you start with?  In terms of fiat and btc to do this.


3.  So you only trade btc only?  Do you recommend only trading btc?  Or btc and other usd coins like eth and litecoin and the big ones?


4.  Now when you buy btc at say 6k and sell it at 7k... is everything you keep in usd or tether usdt or do you always convert it back to btc?  Some ppl say when you trade, goal is to accumulate more btc.  But if you trading, shouldn't goal be to make more fiat profit thus usd?  Or even usdt?  Because here in title you say you made btc profit.  


5.  But say you want to accumulate btc.  Wouldn't you be paying 2 fees each time?  Example with usd or usdt, you buy btc and get amount of btc.  Now price of price goes up a lot.  Now you sell btc for usd or usdt right?  So your balance most of the time is in usd or usdt when you are ready to buy soon?  But when you buy btc, do you usually have some usd or usdt left in case you want to buy more when btc dips?


6.  What exchange/site do you do this on?  Would you suggest someone trading only btc to use something like coinbase/gemini where selling and buying btc is fiat?  But say you use binance or exchange that use usdt... doesn't that make no sense since say you first have usd and buy btc at coinbase.  Then send btc to binance to buy/sell btc but each time you sell btc , you get usdt.  But if you want to convert this to real money which is usd... you need to buy btc again with usdt on binance and send btc to coinbase/gemini and then sell it for usd.  Its like you are paying trading fees twice? Of course that amount isn't that much but it can add up.


7.  What has been your worst month in term of profit and best month since you posted this?  Also you still keep everything in btc?  I mean if you do this full time, don't you need to sell it for usd for bank transfer for profit and living expenses?  Or you have enough for living expenses that you are just now accumulating btc?

1.  Where are you located?  Us or another country?
Currently I live in Europe, but used to relocate several times and am planning to continue.


2.  How much did you start with?  In terms of fiat and btc to do this.
Well, I started 12 years ago with insignificants sums. The initial capital for full-time crypto trading can be seen at the chart




3.  So you only trade btc only?  Do you recommend only trading btc?  Or btc and other usd coins like eth and litecoin and the big ones?

I'в recommend to trade the instruments that suits you. Personally I really keen on futures (BTC, ETH mostly) at Bitmex. Sometimes play with scalping (different assets). Always monitor BNB at Binance...


4.  Now when you buy btc at say 6k and sell it at 7k... is everything you keep in usd or tether usdt or do you always convert it back to btc?  

Partially, but mostly in BTC
As for the thread title, I've just made the sum more comprehencive for cryptotraders.

Some ppl say when you trade, goal is to accumulate more btc.  But if you trading, shouldn't goal be to make more fiat profit thus usd?  Or even usdt?  Because here in title you say you made btc profit.  

Depends. Many people reinvest gains to gain more

Will answer the rest later

[yurekaa]

In my opinion deciding to leave a job to switch professions to just being a crypto trader is a good decision for someone who already has the ability to read market analysis and has a strategy that can benefit. when you can get 12 btc profit in a month, I'm sure you have the ability in trading science. I myself still do not dare to leave my daily job, I trade only as a part time job. I will take my time to look at your price analysis and trading instructions. because in myself I'm still always trying to learn and I hope one day I can become a trader like you.

[Mark_R]

Current boring range above 4-month lows may result in either  $7800, $7400 support breakouts. Or after overcooming several resistance zones break the yellow line (downwards trend) and move upper. Hashrate is still growing. Halving may also influence

[Mark_R]

Online ETH trade 🤘

Opened at the 2nd touch of the resistance confirmation. The downtrend was confirmed after the white line retest.

Still watching how far it will go.  2R already earned.

[Mark_R]

Online ETH trade 🤘

Opened at the 2nd touch of the resistance confirmation. The downtrend was confirmed after the white line retest.

Still watching how far it will go.  2R already earned.

ETH, this was hot! 🐻
 
Several downwards trend confirmations worked!
Just closed the position with 5R gain.

For today that's enough.

[XEFUZ]

I also made 2eth last week.

[Mark_R]

I also made 2eth last week.

Congrats! Where were you trading? What instrument?

[Mark_R]

While BTC is pumping a bit, I'm having fun with BNB

Some lvls I'm looking for currently. The trade is still open

[Mark_R]

While BTC is pumping a bit, I'm having fun with BNB

Some lvls I'm looking for currently. The trade is still open

BNB ONLINE TRADE CLOSED 🔥

Quit right at the upwards trend breakout

Sentiment for BNB is great! Binance just completed their 9th quarterly burn for Q3, in which it burned nearly 2.1M BNB - more than in Q2 and Q3 combined

[Mark_R]

I'm often asked about what to start with in trading
Start with math! 📊

Right position size is a significant contribution to your success. Explore:
https://optionclue.com/en/best-articles/positionsize/

[Mark_R]

The market got a bit harder, but interesting.

Just closed a long with +3R gain on the double resistance. Expect the consolidation for some time at this lvl.

[AicecreaME]

I also made 2eth last week.

  This is such nice achievement but I would suggest you to try bitcoin for trading as it has more scope than Ethereum if you will try so I am sure you will find it good. Trading now a day is good while coins at low price but I only suggest to use long term trading as short term trading is not suitable price of Bitcoin and Eth is so unstable.

I disagree with you, but I guess this is depend on someone's preference of what coins he wants to use in Trading. I find ethereum good for Day Trading, it is unstable but not like bitcoin. It's chart is more easier to analyze than bitcoin, in my opinion, for that reason, making profits is like the sunrise everyday, expect that it would come and happen.

[Faxmate]

I'm often asked about what to start with in trading
Start with math! 📊

Right position size is a significant contribution to your success. Explore:
https://optionclue.com/en/best-articles/positionsize/

Ethereum is the only bitcoin which shows direct effects of bitcoin pumps and dumps on altcoins. Bitcoin is soon going to rule whole world and those who will be holding bitcoin by then are going to be new rich people of the world. They are going to control economics of the world in their own way. Eth is no matter a great altcoin but is also going to be dependent on bitcoin.

[Mark_R]

I'm often asked about what to start with in trading
Start with math! 📊

Right position size is a significant contribution to your success. Explore:
https://optionclue.com/en/best-articles/positionsize/

Ethereum is the only bitcoin which shows direct effects of bitcoin pumps and dumps on altcoins. Bitcoin is soon going to rule whole world and those who will be holding bitcoin by then are going to be new rich people of the world. They are going to control economics of the world in their own way. Eth is no matter a great altcoin but is also going to be dependent on bitcoin.

ETH has prospective functionality but it still depends so much on many factors, yeap