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Author Topic: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month  (Read 10661 times)
Mark_R
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January 27, 2020, 08:58:20 PM
 #981



That is why I always recommend entering even a strong trend at a confirmation candle. Here the price broken a strong upwards trend out at the third point (usually it is a sign of trend continuation but it is to be confirmed). After the price consolidated and formed a beautiful double bottom pattern with a strong bullish impulse. managed to catch it with about 500 points gain and some leverage. Other strong levels are at the pic.

Follow me to keep up with the latest trades, get price analysis and other trading hints:
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Mark_R
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January 27, 2020, 09:00:28 PM
 #982

Most people are afraid to sacrifice jobs to do full time trading, because they don't want to lose both and are very risky.
and indeed if you really want to become a profitable trader, you must have full time in trading without involving work and other thoughts besides focusing on trading and to produce maximum results.

Tend to agree.. However, depending on various factors, you can be a profitable trader doing it part-time (if you are a true professional and have huge capital or at least manage)
But in this case, you may leave the job due to lack of necessity (if you are not a fan of it)

Follow me to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTrades
https://www.tradingview.com/u/Mark_Robinson/
panganib999
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January 29, 2020, 02:38:58 PM
 #983

Yes there is possible in the crypto world,But not possible without knowledge and practice.Spending lot of time on trading and making analysis and getting positive output for every analysis it mean this is best time to quit job.Without kbowledge quitting job will cost you and can face the financial problems.
Quitting job may be benefitial or good for him if and only if he is not satisfied and happy doing it but full time trading must not be the reason for him to quit his job. You can do trading in your free time as well as monitoring it. If you found  trading gives you more money than your actual job what else if you are making money through trading at the same time working on a job where you spent your whole life studying just to have it. You can double your income and also fulfill your purpose as a human in terms of socialization. There is no winning in quitting because it may leads to problems you can't face alone once you settled yourself in full time trading. Not all day is your birthday I mean you are not that lucky everyday. Find another job as soon as you can in order for you to start again.

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January 29, 2020, 06:40:18 PM
Merited by Globb0 (2)
 #984

Mark, you closed BTC position at 8940, do you have any position opened now? I have one long term long position opened but for short term I'm not sure. I think my blue line will get tested soon and I'm going long if there's no breakout.


I'm also waiting for higher high at 10380 and I'm hoping for a daily close above it which would be final confirmation for bull run.

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January 29, 2020, 10:18:55 PM
Merited by vapourminer (1)
 #985

Most people are afraid to sacrifice jobs to do full time trading, because they don't want to lose both and are very risky.
and indeed if you really want to become a profitable trader, you must have full time in trading without involving work and other thoughts besides focusing on trading and to produce maximum results.

Tend to agree.. However, depending on various factors, you can be a profitable trader doing it part-time (if you are a true professional and have huge capital or at least manage)
But in this case, you may leave the job due to lack of necessity (if you are not a fan of it)
If you have a family you would be really dumb to give up the safety and start whatever occupation that you are not profitable at. Be it trading, starting a company or going instagram influencer lol. You need to be set with your finances and profitable already to take this step. Until then, you can just practice on the side and do it hobby/part-time until your hourly is better than your regular job.
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January 31, 2020, 05:58:47 AM
 #986



Time for January results🤩

The year started in a right way. Traded mostly BTC and ETH futures, sometimes BNB. Played with scalping.
6 BTC in a month is a good start for the 2020 earning journey!

Follow me to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTrades
https://www.tradingview.com/u/Mark_Robinson/
Mark_R
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January 31, 2020, 06:01:52 AM
 #987

Most people are afraid to sacrifice jobs to do full time trading, because they don't want to lose both and are very risky.
and indeed if you really want to become a profitable trader, you must have full time in trading without involving work and other thoughts besides focusing on trading and to produce maximum results.

Tend to agree.. However, depending on various factors, you can be a profitable trader doing it part-time (if you are a true professional and have huge capital or at least manage)
But in this case, you may leave the job due to lack of necessity (if you are not a fan of it)
If you have a family you would be really dumb to give up the safety and start whatever occupation that you are not profitable at. Be it trading, starting a company or going instagram influencer lol. You need to be set with your finances and profitable already to take this step. Until then, you can just practice on the side and do it hobby/part-time until your hourly is better than your regular job.

Yes. Anyway, it's better to have an 'emergency exit', even when you are a really professional trader and do not have family. To get a source of income immediately in case of failure

Follow me to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTrades
https://www.tradingview.com/u/Mark_Robinson/
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February 01, 2020, 01:37:32 PM
 #988

Either up or down  Smiley

Mark_R
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February 02, 2020, 01:12:53 PM
 #989

Either up or down  Smiley



Yes. We are at the consolidation phase now.

Here is a bigger timeframe view.




The price still moves in accordance with srong levels and upwards channel. $9165 level may be crucial and identify the further price impulse after the consolidation phase with the target prices of $10000 and $8200

Follow me to keep up with the latest trades, get price analysis and other trading hints:
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https://www.tradingview.com/u/Mark_Robinson/
John404
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February 02, 2020, 03:22:55 PM
 #990

As i am a beginner of crypto-trading part, I have a little bit idea about this part. So,i have to understand or study pros an cons of this trading part. Then,i will be in a decision which will be better. Anyway,best of luck.
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February 06, 2020, 07:12:58 PM
 #991

While everyone was talking about Tesla, BTC continued moving according to logic scenarios. Opened long at confirmation candle at the support and currently closed a half. The $10,000 level is a point either for reversal trend or for a breakout


Follow me to keep up with the latest trades, get price analysis and other trading hints:
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February 10, 2020, 07:00:36 PM
 #992

Even though BTC price faced a strong resistance of $10000, it is still in a bullish range and has already 3 points proving upwards trend along with the MAs signal.


Follow me to keep up with the latest trades, get price analysis and other trading hints:
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February 10, 2020, 08:14:42 PM
Last edit: February 14, 2020, 08:50:42 AM by Globb0
 #993



Time for January results🤩

The year started in a right way. Traded mostly BTC and ETH futures, sometimes BNB. Played with scalping.
6 BTC in a month is a good start for the 2020 earning journey!


Maybe this graph would benefit from incorporation of the total bitcoin owned


Mark_R
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February 14, 2020, 06:22:26 AM
 #994

Bitcoin futures, 1H
Beautifully formed falling wedge
Waiting for a downward Impulse


Follow me to keep up with the latest trades, get price analysis and other trading hints:
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February 15, 2020, 04:56:05 PM
 #995

Bitcoin futures, 1H
Beautifully formed falling wedge
Waiting for a downward Impulse



The awaited impulse just came! TA works.
P.S. What I see here is lots of stop-losses that worked in an hour😶


Follow me to keep up with the latest trades, get price analysis and other trading hints:
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February 15, 2020, 10:36:58 PM
 #996

Most people are afraid to sacrifice jobs to do full time trading, because they don't want to lose both and are very risky.
and indeed if you really want to become a profitable trader, you must have full time in trading without involving work and other thoughts besides focusing on trading and to produce maximum results.
One thing that could be holding people back from leaving their Nine to Five work is the fact that they have little to no knowledge about trading. They doubt themselves thinking that they won't go far and depend on the next feasible way to earn money which is through employment. Everyone here believes that there is much more in life than your cubicle at work but not everyone had the balls to leave it. I once belong to that group of people and I can understand, the risk is just too high to drop your job for it. With employment you can ensure yourself for the day. But what these people don't remember is that tomorrow is just as important as today. They tend to forget about prudence and just let the tides decide.

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February 16, 2020, 02:51:39 PM
 #997

Everything doping down. Any ideas to where it might drop to?
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February 16, 2020, 08:32:03 PM
 #998

Everything doping down. Any ideas to where it might drop to?
Predict exact bitcoin price is hard.Because bitcoin can turn anytime.But I think bitcoin price can go down 9200$ to 9500$. After that it will be stable in 10k$. But I don’t think bitcoin will remain around 9k for long time.hope we will see 10k$-11k$ within 1st week of March.       

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February 16, 2020, 09:13:42 PM
 #999

Nice. What about this cost of transactions will be reduced by half thing?
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February 16, 2020, 10:07:20 PM
 #1000

It's very had to believe that someone has made 22 Bitcoins profit in a month.
Anyway, to make for a living just from Bitcoin trading is very hard and I know that only few made it. It's very demanding and risky and you can't never be sure if you will make enough to cover all your necessary expenses.

So to my opinion to quit a steady job because of trading is very brave but also foolish and it's kind of lottery. Those who are so successful in trading that they can live from it are worth admiring.

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