Why 20% profit in crypto is TERRIBLE.

[cocoadreamboy]

Short Answer: Always buy when others want to sell.
I know some of those who bought at $ 20,000 and lost all their money in a few months "precisely less than a year" as the price dropped below $ 3,000.
There is no specific law governing the rise and no one would have thought we would reach the $ 1200 level before the end of the year.
  What you think is a terrible deal now may be the best investment you have ever made.
  Think rationally and don't let your emotions manipulate you.

Very true, that is why I use numbers and logic to guide my trading:

https://www.amsinger.org

I see no reason to not use logic and numbers.

Aaron

[Slow death]

Check out my site, take my masterclass, see what I’m working with. I made it totally free just for you.

https://www.amsinger.org

Much love and hard work,

Aaron

These are your other threads:

The 5 Rules that would have saved me THOUSANDS. ( you created a thread to promote your site )

Think of Bitcoin Financially ( you created a thread to promote your site )

Why $13,000 was unsustainable. ( you created a thread to promote your site )

The most important part of investing in bitcoin is timing.  ( you created a thread to promote your site )

Why was this recent downturn not surprising? ( you created a thread to promote your site )

Does bitcoin have FUNDAMENTALS?!?! ( you created a thread to promote your site )

How to know Feb 7 was the optimal buy point 2019 ( you created a thread to promote your site )

and has this: https://www.amsinger.org/subscription-plans

[leea-1334]

People should be careful with the holding idea. It's riskier than trading in some cases.

Exactly a good point. For me it is the more risky aspect of crypto because some coins would never get to the last ATH. They will keep diminishing until fissle off. I think a convenient profit is good enough than waiting for eternity to buy a limo at one dump of a coin.

Hodling is not less risky than trading in some cases,,, I 100% agree. But the problem is that people keep thinking in altcoins. Holding BTC today means you have the exact same amount of BTC in 1 week, 1 year, 10 years. And if you believe in crypto,,, then you believe BTC will always have a good value, maybe even increasing every few years.

[jerrison]

Crypto exists as a highly volatile, and heavily manipulated commodity. Just in the past 7 months bitcoin has gone from $3,300 to $13,800 and is currently at $11,350. If during all that time you have only made a 20% profit you are a terrible crypto investor.

Crypto is not a governmentally regulated security. It is a high risk, high reward. When you invest in crypto you are putting your money at high risk, there is no FDIC backing your deposit, there is no SEC investigating the earnings reports, you could even lose the private key and lose your money forever. Which is why, when I invest in crypto I expect at least a 2X return with expectation of 3X-4X returns.

In no other investment has it been possible to expect such a return of 4X within a year. That is what makes bitcoin and crypto special. It is high risk high REWARD.

The problem is, crypto is new. People don’t understand what it is. People don’t know how to measure it, quantify it, capitalize on it. Crypto is for most, a mystical “digital money” that sometimes is 20k and other times it is 3k.

I started my crypto journey with $800 of severance from my last regular job. Over 2016 that $800 turned into $30,000. Over 2017, that $30,000 changed to $250,000, and I made plenty of stupid mistakes. 2018 was a cold year. It was a learning year. I spent most of my time developing my metrics and honing my understanding.

In my experience crypto is for multiplying money not for gaining percentages. By understanding the speculation in the market, understanding how much it costs to make a bitcoin, and selling or buying slowly with purpose and patience anyone can multiply their investment. It took 4.5 months to go from $3,300 to $13,800.

I made my site and my metrics in order for people to understand what they are investing in. So they could buy when its $3,300 and sell when its $13,800, and understand what they are doing and know what they are buying and selling.

I caution against purchasing $11,350 bitcoin by asking these questions.
What do you expect from it?
Do you expect bitcoin to go to 20K magically?
Is it a bad idea to be patient right now?

Check out my site, take my masterclass, see what I’m working with. I made it totally free just for you.

https://www.amsinger.org

Much love and hard work,

Aaron

In the crypto spcae, return on investments are what keeps investors more concerned and interested in taking key roles nad keeping big bags of coins/tokens which in turn earns them the title of 'whales'. The profit or return on investment in crypto can go from one percent to one million percent in a very short time depending on certain factors put up by the project and also their tokenomics. 20% of profit is achievable on a project whose use case is already in high demand and also welcomed and keeps to its roadmap delivery to the users.

[cocoadreamboy]

These are your other threads:

The 5 Rules that would have saved me THOUSANDS. ( you created a thread to promote your site )

Think of Bitcoin Financially ( you created a thread to promote your site )

Why $13,000 was unsustainable. ( you created a thread to promote your site )

The most important part of investing in bitcoin is timing.  ( you created a thread to promote your site )

Why was this recent downturn not surprising? ( you created a thread to promote your site )

Does bitcoin have FUNDAMENTALS?!?! ( you created a thread to promote your site )

How to know Feb 7 was the optimal buy point 2019 ( you created a thread to promote your site )

and has this: https://www.amsinger.org/subscription-plans

My class is free. I'm touched you would care so much to inspect my previous threads and posts. I didn't know you cared so much

All of my threads reflect my view on bitcoin. Perhaps you have bought some $13,800 bitcoin and are mad?

[cocoadreamboy]

In the crypto spcae, return on investments are what keeps investors more concerned and interested in taking key roles nad keeping big bags of coins/tokens which in turn earns them the title of 'whales'. The profit or return on investment in crypto can go from one percent to one million percent in a very short time depending on certain factors put up by the project and also their tokenomics. 20% of profit is achievable on a project whose use case is already in high demand and also welcomed and keeps to its roadmap delivery to the users.

What I am saying in this thread is simply a 20% yearly return is not worth the risk of investing in crypto. Bitcoin went from $3,300 to $13,800 if you only can make 20% off of that level of variability that demonstrates a lack of skill.

https://www.amsinger.org

I made my site to help people identify that good $3,300 btc buy and find that good $13,800 btc sell

It is based in financial analysis of the miners plain and simple,

Aaron

[Abolaji11]

Personally, I think getting a return of investment of 20% in any trade or business is okay. A lot of people lose money because of greed. As long as it is steady, I will be more than happy to get a ROI of 20%.

[kecha1]

Profit of 20% is also quite good, I do not understand why you think this is something terrible

[maydna]

Any profit in the world of cryptocurrencies. It is already pleasant and normal. I think that 20% of the profit in cryptocurrency thinks that this is bad because most of the profit goes to commissions. Because it happens that you need to earn more. And those who are greedy get nothing at all.

When you can get 20% of the profit, that will be a nice profit because not all people or trader could earn that much. And they still say that it is hard to earn that percentage from cryptocurrency. We need to think about reality. If we cannot get 50% of the profit, then 20% of the profit would be better than nothing at all. It is enough to earn that profit in these situations because I think we will make a bigger profit when the bear market trend is over, and every price in the market can increase higher.

[Ningish]

History at all levels, including finance, is cyclical, consisting of repeating phases, with low highs, new peaks and deep falls,
so, yes, BTC, will touch the 20k $ again and I think it will go even further.

[cocoadreamboy]

The point of this thread is to say that crypto is too risky to consider 20% a good yearly return. Securitized assets can return 20% bitcoin if handled correctly should return significantly more due to the risk nature of it.

If you want to learn more check out my Crypto Masterclass:

https://www.amsinger.org/information-request

Aaron

[SquallLeonhart]

Up till now, do you know that we still have people that believe bitcoin will still go as low as $100?This has been their belief even when bitcoin was at that $100 till right in their presence, it grew to that $13800, and this is going to be more like your own belief also till you miss out of the train, and I don’t know if what you are trying to create with your post is FUD, thinking you could use that to get a cheaper price to buy, but man, it’s too late.

Bitcoin grew from $3000 to $13800, and imagine you saying this then too, I mean asking if we think bitcoin will grow from $3000 to $13800 over night? But here we are, it grew to people’s surprise, and this is the same way it will grow to the surprise of people like you over night and you will still miss out of the train if you do not invest in the current value.

[cocoadreamboy]

Up till now, do you know that we still have people that believe bitcoin will still go as low as $100?This has been their belief even when bitcoin was at that $100 till right in their presence, it grew to that $13800, and this is going to be more like your own belief also till you miss out of the train, and I don’t know if what you are trying to create with your post is FUD, thinking you could use that to get a cheaper price to buy, but man, it’s too late.

Bitcoin grew from $3000 to $13800, and imagine you saying this then too, I mean asking if we think bitcoin will grow from $3000 to $13800 over night? But here we are, it grew to people’s surprise, and this is the same way it will grow to the surprise of people like you over night and you will still miss out of the train if you do not invest in the current value.

Look at my previous posts. I have been active on here since last year. This new system was designed to make it easy. Bitcoin goes up and then it goes down. Don’t you want to enjoy your life and make a nice 2-3x from simply paying attention. Crypto doesn’t have to be hard or complex. It’s about understanding it.

[Coyster]

Crypto doesn’t have to be hard or complex. It’s about understanding it.

Can the market really be understood?, up till now I still do not know the reason, or rather the cause of a rise or fall in price, and I guess no one does, except you simply wanna speculate, which i also can afford to do.

You make it sound like its a get rich quick scheme, and it bothers me when I see posts so as this, I understand you're trying to point out the possibility of big profits which we all aspire for, but you're also forgetting big losses which is also another possible factor.
Whether it's a 20% profit or a 2x profit, as long as no loss was incurred, then it's not bad trading at all in my opinion.

[cocoadreamboy]

Crypto doesn’t have to be hard or complex. It’s about understanding it.

Can the market really be understood?, up till now I still do not know the reason, or rather the cause of a rise or fall in price, and I guess no one does, except you simply wanna speculate, which i also can afford to do.

You make it sound like its a get rich quick scheme, and it bothers me when I see posts so as this, I understand you're trying to point out the possibility of big profits which we all aspire for, but you're also forgetting big losses which is also another possible factor.
Whether it's a 20% profit or a 2x profit, as long as no loss was incurred, then it's not bad trading at all in my opinion.

Most things can be understood. I simply utilize financial analysis to understand the largest players in the market and identify what they are doing logically. I see the market as heavily manipulated, so that explains the massive swings. The stability at 3300 for all of the winter was because of the creation cost.

If you take the massive risks inherent in crypto to receive a 20% profit is like risking your life to rob a bank and only getting $1000. Yeah it’s profit, but was it worth it? I leave the question to you

It really can be easy. Personally I think it would be hard to build an electric toothbrush, but it is easy to buy one.

Aaron

[mazdafunsun]

I dont agree with you ,20% is a very nice profit.
It depends on the timeframe and amount of your investment .

If you invest 100$ then it feels like nothing, but if you have the guts to invest 1000$ or more and if you take your profit at 20% at small timefram you are a good trader and if you can manage to do it on regular basis, I will take my hat off in front of you, my sir.

[cocoadreamboy]

I dont agree with you ,20% is a very nice profit.
It depends on the timeframe and amount of your investment .

If you invest 100$ then it feels like nothing, but if you have the guts to invest 1000$ or more and if you take your profit at 20% at small timefram you are a good trader and if you can manage to do it on regular basis, I will take my hat off in front of you, my sir.

20% in a small timeframe is equivalent to gambling. I’m talking about the people who bought and are buying 10k bitcoin and made 20% IF they sold at 12k. That is completely equivalent to gambling. I don’t gamble. I invest.

[Bitcoin Seller]

It's better to take 20% of the profit than never, and we can repeat to get those percentage many times than to try to get 1000%, but we need to wait for a long time. Maybe that will work for some investor, but for me, I prefer to get any profit without having to wait for a long time because of the cryptocurrency market cannot be predicted. But that will depend on every people strategy on how much percentage they are willing to take and as long as they can succeed to reach the target.

Now, 20% profit is very good, especially if you invest a lot. Suppose, you buy Bitcoin spending 20 thousand. Will 4 thousand be a bad award? No way.  Cryptocurrencies profits cannot be compared with the awards (if they can be called like that) got for sharing guns and drugs. Cryptocurrencies will live always, and it is worth working with them for sure.

[Herbet Fry]

How did you go from 800 to 350k?

I dont agree with you ,20% is a very nice profit.
It depends on the timeframe and amount of your investment .

If you invest 100$ then it feels like nothing, but if you have the guts to invest 1000$ or more and if you take your profit at 20% at small timefram you are a good trader and if you can manage to do it on regular basis, I will take my hat off in front of you, my sir.

I think any profit is a good profit. 20% is amazing, imagine if you lost money. Staying at 0% is not bad it just means you made nothing. anything over 0% is in the green anything more is just a bonus.
Rather make slow steady amounts of crypto then dive right in and try whale your way around.

[cocoadreamboy]

How did you go from 800 to 350k

I think any profit is a good profit. 20% is amazing, imagine if you lost money. Staying at 0% is not bad it just means you made nothing. anything over 0% is in the green anything more is just a bonus.
Rather make slow steady amounts of crypto then dive right in and try whale your way around.

800 to 350k was insight and quite a bit of luck.  Not gonna lie I was a little scamp 3 years ago lol.

But 20% is good in stocks. 20% in crypto can be dissolved in a day, it’s not good it is luck.

In crypto if you’re invested right 20% down is also nothing.

Crypto is about multiplication. It’s about being in at the right time and OUT at the right time

Aaron

https://www.amsinger.org/