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Author Topic: How much did you make in Bitcoin trading?  (Read 1397 times)
carolineking89 (OP)
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January 05, 2021, 09:37:08 AM
 #1


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
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January 05, 2021, 10:02:29 AM
 #2

Overall, while I made money trading bitcoin(and other cryptocurrencies), I've honestly could've made A LOT more money if I simply held my bitcoin and dollar-cost averaged, and just put all my focus on creating businesses. While I'm not going to demotivate anyone to do trading, it simply isn't for everyone. Most people are simply better doing something else for money.

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January 05, 2021, 11:54:27 AM
 #3

I've made some through holding and trading it for cash. Just like me, others have done holding and made more than actually trading.

Heard of many investors did trading(daily) and lost than what they can earn. Holding proven to be the best strategy and just trade when you're about to sell for cash.



.
.BIG WINNER!.
[15.00000000 BTC]


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January 05, 2021, 12:08:18 PM
 #4

I started with £500 and have about £800 now from doing small trades as it went up.  Could have made a LOT more just by buying cheap and selling at the top.  I am not a gambler though.  Remember you haven't actually made any money until you have cashed out.

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January 05, 2021, 12:26:42 PM
 #5

Based on the calculation of the earnings from October to January 3rd, I collected 45% of the total trades I used in bitcoin. This is done only once a week depending on market conditions. but of course I don't sell all the bitcoins in my portfolio, I divide it into 3 stages, sell 5-20% and after that accumulate the profit again.

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January 05, 2021, 01:19:14 PM
 #6

I have lately realized that trading doesn't work for me like every other of my friends, I decided to stop trading and do other things for earning through bitcoin, sometimes I might decide to HODL  and make a little profit that is preferable for me than trading.

R


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January 05, 2021, 01:46:42 PM
 #7

Unless you are playing the long game, trading isn't much fun.  Sitting there watching lines going up and down on a graph, worrying about every dip.  It is easier just to go and get a job.  Smiley

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January 05, 2021, 03:44:09 PM
 #8

Not as much as people think. I've been doing crypto for several years, and a lot of people assume that because I've been talking about crypto for several years that I'd be filthy rich, when in fact I now earn a steady income doing crypto things, but I'm not extraordinarily wealthy, and it turns out that I'm much less wealthy than I'd be if I just kept working at in iit Company

Part of it is that I just made a lot of “wrong” decisions. It took me about a year to figure out the bitcoin wasn't a bogus scam, and then a lot of time to learn how not to trade bitcoin. I only started to make money trading bitcoin when I ran out of ways to not lose money trading bitcoin, and I honestly would have made tons more money if I just bought a whole bunch of Bitcoin and forgot about it.

But some if it psychological. It turns out that I really don't (want) to win the lottery and retire to some beach. My dream is to live a nice middle class life in which I run my own business doing technical things that are spiritually worthwhile, and to get a steady paycheck so that I don't have to worry about starving, and that I can work on things that I think are interesting and useful.
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January 05, 2021, 04:35:59 PM
 #9

Overall, while I made money trading bitcoin(and other cryptocurrencies), I've honestly could've made A LOT more money if I simply held my bitcoin and dollar-cost averaged, and just put all my focus on creating businesses. While I'm not going to demotivate anyone to do trading, it simply isn't for everyone. Most people are simply better doing something else for money.

Very very true. Trading is not meant for everybody and I am a good example for that. I used to trade a lot in the beginning days of my short lived trading journey.
I used to spend a lot of my time in trading but only faced losses due to FUD and FOMO. I eventually stopped trading due to continuous losses and realized that trading is not for me.
Then I started holding long term and I am very much happy with the results. I don't think I would have made such a profit in trading than holding for long term.

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January 05, 2021, 04:43:59 PM
 #10

Bitcoin crashed in 2020 because the stock market crashed at the same time. The difference was that stock market could be stopped from the outside when they close the session and bitcoin continues to trade 24/7.

I made some money trading in my early days but it's usually better to go long term. Buying and holding bitcoin is less risky than trading and can generate similar profits.

People who say that trading is better don't take into account that you can make 3 good trades and 1 bad trade and you'll be back at the same level as holders but they were at the same time making money somewhere else and you were wasting time reading charts.
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January 05, 2021, 04:47:02 PM
 #11

Overall, while I made money trading bitcoin(and other cryptocurrencies), I've honestly could've made A LOT more money if I simply held my bitcoin and dollar-cost averaged, and just put all my focus on creating businesses. While I'm not going to demotivate anyone to do trading, it simply isn't for everyone. Most people are simply better doing something else for money.

Very very true. Trading is not meant for everybody and I am a good example for that. I used to trade a lot in the beginning days of my short lived trading journey.
I used to spend a lot of my time in trading but only faced losses due to FUD and FOMO. I eventually stopped trading due to continuous losses and realized that trading is not for me.
Then I started holding long term and I am very much happy with the results. I don't think I would have made such a profit in trading than holding for long term.

I really feel sorry for you, but you already made a mistake by believing FUDs and FOMO. Do proper research before trading only this can help you out, trust me you can rely on others in crypto currency especially on BTC because of its extreme volatility.

Also if you plan perfectly and give your time I am sure you can make at least 25 - 30$ a day, I am not saying long-term holding is a failure my point is we can even make profit in daily trading as well.









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January 05, 2021, 05:10:05 PM
 #12

Overall, while I made money trading bitcoin(and other cryptocurrencies), I've honestly could've made A LOT more money if I simply held my bitcoin and dollar-cost averaged, and just put all my focus on creating businesses. While I'm not going to demotivate anyone to do trading, it simply isn't for everyone. Most people are simply better doing something else for money.

I must agree with you.
I use my earnings from exchanges referrals to trade, I made a solid profit from there but even of that I just bought Bitcoin and waiting for today's price, probably now I would have a minimum the same profit and probably more. but it's almost free money to me and all I get out of there is a bonus.

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January 05, 2021, 10:03:22 PM
 #13

I didn't made much from it since I convert some BTC while it was raising up.
Maybe next time I could finally gain some huge profit because I don't need to sell off some of my savings.
I plan on saving as much as I could this year so I hope that the next time that we would experience a bull run like that I could also gain huge profit.

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January 06, 2021, 06:25:28 AM
 #14

I make a lot of profit from trading, but I am a small player who only plays with a capital of $ 200, I get a profit of $ 300, that's a lot in my opinion because I am a small player, open like a whale with a lot of capital, my capital is only a little but I feel happy to be able to  get more profit from the capital I run.

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January 06, 2021, 12:39:33 PM
 #15

I tried a few different things, but didn't put much effort into it. I'm sure that I've profited overall from some BTC hodling, but it wasn't massive profit, and it's not really trading. I've tried trading BTC and altcoins, but wasn't successful and lost some money on that. But I also invested in ETH and LTC early on, and profited very significantly from it. I bought 1 ETH from $16. Then I was scammed and lost 0.6 of that. And still, I lost 0.4 ETH and got around $150 out of this, so it went pretty well. I also bought 1 LTC at $20. I lost 0.5 and got $150 out of this, and I have the remaining 0.5 somewhere.

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January 06, 2021, 10:20:09 PM
 #16

I understand that these trading of a thing differs because some people trade and make quantum of profit while some people trade and lost everything, because in 2016 when I developed the interest in trading especially forex trading so my first trading I really lost big amount of money, making money through trading depends on how you really lost previously before profit, for we to master all the rudiments of trading right you have to have a fellow, now since i loss money I don't trade but people trade for me and I get small profit, to be sincere trading good for people that knowns it perfectly not what everyone will adventure into.

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January 06, 2021, 11:12:39 PM
 #17

I engaged little in trading, I bought bitcoin yesterday when it was $19k, at that time the price of bitcoin seemed to be high but if I look at today’s
price, that price can still give me an advantage, and I have no  intention of  selling my  bitcoin, I  will  still keep it probably  until  the end of 2021
or 2022. That depends how much I want to take advantage of my bitcoin.

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January 07, 2021, 09:16:45 AM
 #18

I'm not quite sure about it since it was combined from my winnings in gambling and my investment but what I'm sure about is that I'm gaining good profit with this bull trend now. The welcoming of the 2021 is really memorable for us since we have reached the all time high I'm really sure many of use will still going to earn a lot more this year.

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lifeforcepools
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January 07, 2021, 09:21:56 AM
 #19

I earn enough to count it as an extra income.

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January 07, 2021, 03:33:05 PM
 #20

To be honest,
The direct answer to your question will be “a lot”
I saved around 0.2 BTC through the whole 2020, and boom i sold them now and it’s more than double.
Still i have 0.1 BTC to hold and i am sure i will make a huge money from it by trading.
There is no strategy that will work for second time, so my suggestion will be is to sell whenever you can and buy whenever you need.
Wish you all the best OP.

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January 08, 2021, 09:55:37 PM
 #21

I once experienced a big profit in 2017, then in 2018 I suffered a big loss too. And for 2019 I prefer HODL, and collect Bitcoin by regularly buying
Bitcoin every month for about $ 100. And it doesn't feel like I am still HODL entering 2020, and I am lucky to buy Bitcoin when March 2020, which is
the price of Bitcoin is very cheap. Finally at the end of 2020 when Bitcoin hit the price of $ 20,000 I sold some of the Bitcoin I owned. And in January
2021 I was shocked that Bitcoin continued to rise, to be honest I regret selling Bitcoin at a price of $ 20,000. And I hope Bitcoin can be corrected to
the price of $ 20,000 to be able to buy more Bitcoin.

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January 08, 2021, 10:00:21 PM
 #22


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
The scenario is a big surprise nowadays, if we're frustrated from lower price of btc make it as an opportunity when you can purchase with slight amount. When you can do buy and sell, it's good enough to trade and earn good profit as well. Once the trend goes rapidly, we will able to achieve higher btc price then take our gains.
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January 11, 2021, 01:32:43 AM
 #23


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction

So far, I've made 1000 dollars in bitcoin trading. During the crash to 3800 dollars, I lost all the funds in my exchange balance (which is not up to 1000 dollars) because I did not set stop loss. So I had to deposit again.
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January 11, 2021, 06:11:49 AM
 #24


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction

The price value of Bitcoin so far was dumped again from 41k$ almost and now down to 36k$ almost I think
in which I think its a good time to others to buy again and for sure it will spike again in the market. And honestly, for me
while Bitcoin increase I made trade in altcoins actually.

Right now, the bitcoin price is down for more at $35k, and the red candle still appears on the market. I am sure that this downtrend is temporary, and will not stay for a long time (I hope). But if the price still goes down, we need to be careful, and not panic because we will not see a good sign to buy more bitcoin if we panic. We have a good time to buy more bitcoin this time, but we need to find out what price is good to buy because bitcoin price can go up anytime. I don't make too many bitcoin, but that is a good profit for me because I still try to make more profit, and hopefully, this is my good time to buy more bitcoin.
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January 11, 2021, 04:17:08 PM
 #25

Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction

Doubt anyone that has been trading bitcoin after this crash will have made more profit than someone that just held through all the ups and down of bitcoin until the present price it's currently trading. Not trying to say trading isn't profitabke but the risk associated with it compared to that of holding, I'll recommend investing to trading especially as noobs are the category of enthusiast in discussion.

Seems you're new to the industry as those that have spent about 3/5 years in the industry can recall bitcoin trading lowers value than that you highlighted in the OP. Although the crash came as a surprise to many, it won't be the first time we've experience similar scenario in the market. The corrections are always part of the market and soon you'll get used to it.

In regards to your question, I think it's best to keep that to yourself, don't make yourself vulnerable to hackers as you become a target due to the size of your account.

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January 11, 2021, 06:51:24 PM
 #26

I could've made big out of trading with the bounties earned, but I didn't made use of the bounties at the right time. I used to try the process of buying low and selling high. Everytime we can't make it happen in the market, because the movements go in an unpredicted direction in no time. Also the capital investment is very small, so the returns will be according to the capital. Hoping to invest big and make a better revenue.

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January 11, 2021, 08:18:14 PM
 #27

I make a lot of money trading and holding bitcoin and other altcoins. Selling it at ATH 2021 for $ 40k is something that is awesome for me. I am very satisfied and happy to be at the top.
Apart from that, I also earn from P2P Binance as an official merchant. I can get thousands of dollars in Raspberry, and I work hard and it's not easy to get it. It takes patience and knowledge of trading to stay safe when it comes to the market and when is the right time to exit the market.
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January 11, 2021, 10:11:03 PM
 #28

I can say that I have been earning more than enough of what are my basic needs through trading with Bitcoin which is somewhat like a bit of money. I cannot say that it is just small earnings but I cannot also say it is too big. My earnings through trading with Bitcoin is just on the average level which is already good because every trader that is trading with a volatile cryptocurrency just like Bitcoin is surely having also a hard time although it is unpredictable most of the time but ay least it is all worthy once you have gained on doing trading with it. As of thr moment, I am still trading and holding some Bitcoin at the same time for it is becoming more valuable as time passes by which can give me more gains if the rise will just continue.

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January 11, 2021, 10:29:45 PM
 #29


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
When people do saw that 3800 price or into those levels then lots or majority had thought that we would really be heading to 3 digit price or  even do talk about bitcoin is dying.For those who had risk out on buying into those times are really making some serious profits as of this moment but to mention out on what i have done into those times then i did basically sell off my coins in loss when i purchased it or entered in 10k.
Even how experienced you are in this market, we are just human beings on not to commit up those common mistakes.

Buyback? Yes, i did make some buyback into those times but when bitcoin hits up in 10k again then i did sell of for some assurances on breaking even with past investment or trades.

When it playing around 11-12k then i do made out some purchase again and sell out when it hits up on 14k. Rinse and repeat thats why i cant really put up precise numbers yet ive been
actively trading basing off those movements.When i do saw opportunity then i do dive in but of course losing money is just part of the process.
Just be sustainable and persevere when you do deal with this volatile market.

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January 11, 2021, 10:37:10 PM
 #30

Not all the time you will always win in trading, trading is profitable if you have enough knowledge but if not, I don't think how risky it is since it will perhaps wipe out your capital if ever. People prefer to do holding and selling on the top, but sometimes it's hard to determine where is the top price or when it occurred.

Just wait and see if your profit was there, that was how did you make money on bitcoin, welling high, buying low. It doesn't mean that you are not in trading you will not earn profit in crypto.

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January 12, 2021, 05:34:24 PM
 #31

I didn't make much from trading bitcoin. I am just an amateur trader who has minimal funds for trading. Even so, I remain optimistic and always learn technical analysis and fundamentals for good and correct trading and controlling emotions when trading.
I also use the source of funds from the signature fee to increase my trading capital. The important little profit is consistent.

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January 12, 2021, 06:27:42 PM
 #32

I only started to make money trading bitcoin when I ran out of ways to not lose money trading bitcoin,

This is a great quote and pretty much sums it up.

The hardest part of trading is realizing when you shouldn't be trading :p

Stocks are still much easier for me than daytrading simply because it forces me to wait 24 hours between the majority of decision making, as I don't feel like being a pattern day trader. Given those have some extrinsic value to believe in compared to just unreasonable expectations (as powerful as that is), there's something more to study, too.

Easily the biggest fund drain for most is the inordinate fees when making too many trades in too short a period. Often someone will end up changing positions so much they would have done better simply getting stopped out form the first one and taking a break.

Don't go all in and don't sell all. Perform steps and ensure that even if the price decides to sweep back the other way or further on, you can cut losses or capitalize as is reasonable.

You don't specifically need TA, but I find it to be a helpful source of "focus". Many people will overuse and rely on TA to the point they forget that TA is created and, as a result, fallible and not entirely reliable. It's a severe case of survivorship bias.
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January 13, 2021, 02:04:23 PM
 #33

There is not much I can make from Bitcoin trading because my analysis is not very good...
I think I just made a few dollars trading Bitcoin. I am still confused when the price moves. *it is true that a trader must continue to hone his skills to be able to make a profit



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January 13, 2021, 02:09:07 PM
 #34

i dare not to trade, holding woks better for me, let just say am too afraid to loss my little amount so i do not engage in trading, between i get into btc when the price was a bit high so now i will hold my btc as firm as i could till when i feel it is appropriate for me to sell, 95% of my assets are on alts and was kinda hoping the 2017 scenario would happen again otherwise would have dumped all my alts sooner for btc.

I'm also more into holding because I'm not that good at technical analysis and I'm still trying to learn more about it. So far I have earned almost 50% from my total holdings since last year and that's more than enough for me. I'm just waiting for the dump so I could accumulate again and hold it until another bull run comes.
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January 19, 2021, 03:38:20 PM
 #35

FWIW I cashed out.  Didn't have much so it is the best time to do it.  Even now I can buy more than I previously had.  Just going to check the price once a week as it goes down and buy when it starts going back up. 

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January 20, 2021, 02:13:38 AM
 #36


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction

Year of 2020 was the signed to make things back to normal, and even up to the present I could say that it remain good.
And in accordance with the activity that I had made in trading is that it's not necessary if you invest a huge amount of Bitcoin,
because for what I did now I just deposited amounting 0.0004BTC.
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January 20, 2021, 03:18:27 PM
 #37

Of all the assets I have, only Bitcoin is the one that provides the most profit. Indeed, I did not keep a good record of how much profit I could get
from Bitcoin. What is certain is that in 2017/2018 I managed to get a very large profit. Therefore, until now I have never hesitated to buy Bitcoin,
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January 21, 2021, 06:43:24 PM
 #38

Overall, while I made money trading bitcoin(and other cryptocurrencies), I've honestly could've made A LOT more money if I simply held my bitcoin and dollar-cost averaged, and just put all my focus on creating businesses. While I'm not going to demotivate anyone to do trading, it simply isn't for everyone. Most people are simply better doing something else for money.
This is unfortunately the sad truth, even if you make money while trading that doesn't mean that you are going to be able to beat the market and get more profits than what you naturally get just by holding your coins, this is just one more reason why people keep recommending others to hold their coins, but for the majority of people the potential of being able to generate even more profits blinds them to the truth and that is why we see so many people losing all of their capital in this market.

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January 21, 2021, 11:05:05 PM
 #39

The results obtained will depend on the capital used and also the ability to analyze the market, but in my opinion those who hold crypto, especially Bitcoin, in the long term will get more profit than from day trading, because every trader must have made mistakes in decisions buying or selling so can reduce profit.
Not everyone can do this and trading is definitely not for everyone. Trading is a kind of specialist which it also requires special skill to become successful. Of course, we can gradually learn more from this thru experience but for those who easily give up after a tragic loss and can't manage their desperation, for sure that's the end of their carrier.

Is some people trading is profitable but this possibly not it work for other people. Many had tried but many had quit. The sad reality but we have to accept it.

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January 22, 2021, 08:29:35 AM
 #40

FWIW I cashed out.  Didn't have much so it is the best time to do it.  Even now I can buy more than I previously had.  Just going to check the price once a week as it goes down and buy when it starts going back up. 
that's true but the long term believers will not care about this suggestion.
I can make more than $100 in a day from altcoins and less from bitcoin consider the price of bitcoin is too high and i can only get small return from my daily trade.
This time is the best time to enter the market and then wait at least a few days until the market will recover again.

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January 22, 2021, 11:18:14 AM
 #41

That is a huge opportunity, to be honest.

Just imagine the price is at $3K or $4k and now we are seeing the price at $30K. It is more than 10x the time you've invested and if you have that amount to invest, that is just massive. Still, I don't say that people could get that timing right since the market is very unpredictable. I am just saying how big that profit would be if that timing is right.
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January 22, 2021, 02:14:16 PM
 #42

On spot trading I can make at least 200-400 $ every month depending on market conditions. Sometimes I also hold for 2 months to get the price I want. almost 1 year I have earned approximately 3,000 $.In my opinion there is no risk even though the decline occurs because we can hold and there is no Liquidity on Spot trading.

Since this year when there was a Futures on Binance I actually suffered a lot of losses, for many people who can indeed see this an opportunity to get quick money but some can also lose. I was hit by rect later this year because of Short bitcoin.

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January 23, 2021, 07:26:36 PM
 #43

FWIW I cashed out.  Didn't have much so it is the best time to do it.  Even now I can buy more than I previously had.  Just going to check the price once a week as it goes down and buy when it starts going back up. 
that's true but the long term believers will not care about this suggestion.
I can make more than $100 in a day from altcoins and less from bitcoin consider the price of bitcoin is too high and i can only get small return from my daily trade.
This time is the best time to enter the market and then wait at least a few days until the market will recover again.
Daily trade is definitely a lot better on a volatile altcoin, that way you could make a lot more money, however that is definitely for day trading and not long term. Long term do not care about the drops and increases because if they are long term enough they already made a lot of money.

I have a friend who bought at 4 thousand for example, during the 2018 crash, which means dude is so much in profit right now that at one point he had 10x return, he didn't care because he said he is not selling until he has enough to retire which he believes will be at around 150k or so levels. Basically all I am saying is, you could try to make quicker smaller profits day by day, or you could be a long term trader, there is a profit to be made in bitcoin for everyone. I hate the notion that one of them is right and the other is wrong, I believe both of them are great.

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January 23, 2021, 08:06:52 PM
 #44

There is not much I can make from Bitcoin trading because my analysis is not very good...
I think I just made a few dollars trading Bitcoin. I am still confused when the price moves. *it is true that a trader must continue to hone his skills to be able to make a profit

I am more interested in holding than Bitcoin trading. Because I think my trading knowledge is not enough to trade. So I tried a few times but later focused more on holding from trading. This will be an advice for everyone that you should not trade with full funds so that you can face a big problem later.

30% should be kept for trading and the rest should be kept in full fund hodl. This will keep your funds safe from any major mistakes.

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January 23, 2021, 10:25:38 PM
 #45

On spot trading I can make at least 200-400 $ every month depending on market conditions. Sometimes I also hold for 2 months to get the price I want. almost 1 year I have earned approximately 3,000 $.In my opinion there is no risk even though the decline occurs because we can hold and there is no Liquidity on Spot trading.

Since this year when there was a Futures on Binance I actually suffered a lot of losses, for many people who can indeed see this an opportunity to get quick money but some can also lose. I was hit by rect later this year because of Short bitcoin.
One of the reasons on why i didnt really tend to get engage with futures/leverage type of trading.You would really get that big profits but in exchange or equal it do doubles the risk.

Back to topic on how much i do make in trading bitcoin then it is all random but on average i do make $100 per week but there are weeks which are lesser.
It depends on the market condition or trend because not all the times we would really be having a good day or making profits.
What matter most is to retain up profits even you do suffer losing trades.

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January 23, 2021, 11:11:07 PM
 #46


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
It depends on what I am investing with, in futures trading I grow my money from 30$ to 150$, I just follow the trend and make things possible even though the market is having a dip sometimes still in futures I am having a gain because of the pair that I am currently playing with, in terms of spot, I'm still waiting for the right time to sell my bitcoin in USDT pair so that I don't be hurt so much because of the high fees these days.
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January 23, 2021, 11:36:20 PM
 #47


snip...
It depends on what I am investing with, in futures trading I grow my money from 30$ to 150$, I just follow the trend and make things possible even though the market is having a dip sometimes still in futures I am having a gain because of the pair that I am currently playing with, in terms of spot, I'm still waiting for the right time to sell my bitcoin in USDT pair so that I don't be hurt so much because of the high fees these days.
Can't imagine, if you have a $1000 capital, multiplied by 5 times, it is a big money already. More capital, more gain but possibly, it is more money to lose if you can't make it right. But as long as you are buying Bitcoin at a cheap price, making money from it will be easy for you.
 
Anyway, not all have that guts as usually, starters will use small amounts just to test the market and so themselves.

R


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January 24, 2021, 04:43:18 AM
 #48

Last year and this year so far my income in bitcoin is good but not huge like in the year of 2017 I earned a lot of profit in that bull run but Im still thankful and blessed of what bitcoin already achieved. It's better to earn small than nothing and I guess many people are not prepared  the bull run happened last year because base on my observation most of them they earn more in 2017 than this year.
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January 24, 2021, 05:43:29 AM
 #49

Last year and this year so far my income in bitcoin is good but not huge like in the year of 2017 I earned a lot of profit in that bull run but Im still thankful and blessed of what bitcoin already achieved. It's better to earn small than nothing and I guess many people are not prepared  the bull run happened last year because base on my observation most of them they earn more in 2017 than this year.
Earning bitcoin vs earning profits? In 2020 the earning opportunities got reduced even in bitcointalk there is no ICO, less campaigns and airdrops but in 2017 people were earning 10K dollars from bounties and later ended up with loss one who didn't sell them right away.

$4000 to $40000 so here is better chance of making profits one who invested their money in to it.









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January 24, 2021, 05:44:45 AM
 #50

I just started my trading journey this year I've not really earn much, I feel motivated by the experiences of some traders here, I hope to earn profits having devoted many years in learning and came up with my own trading strategy which is based on daily trading with a higher reward to risk ratio coupled with a fixed stop loss and take profit, I knew that trading is a highly risk venture but I am equal to the task having made some some profits with few losses.

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January 24, 2021, 07:30:20 AM
 #51

FWIW I cashed out.  Didn't have much so it is the best time to do it.  Even now I can buy more than I previously had.  Just going to check the price once a week as it goes down and buy when it starts going back up. 

So you have enough capital to buy BTC weekly?
And you too have huge guts to bear losses lmao.
Buying BTC at this point of time maybe very risky.
But still love to see these types of daredevils.
Please keep us updated if you can once in each month about your profits or losses.
It will surely help us to learn some lessons.

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January 24, 2021, 01:24:41 PM
 #52

Personally not that much to be worth mentioning or waste your time for, but on the other hand I made more money not trying to trade the market and instead investing on Bitcoin when it's cheap and laddering buys on the way down.

Investing with proper risk management and specially having extra capital for averaging down that makes it work better for me, the simple way of buying Bitcoin with better Risk/Reward is to wait and buy some everytime it dumps hard and market is in full panic mode, it usually works the best and better to do this instead of going all in when you just felt like it.
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January 24, 2021, 01:56:45 PM
 #53

Not much though 'cause all of my profit came in holding but I am currently trying to trade now specifically in future trade. It's interesting in fact I made my capital 2x there recently, it's kinda risky though because it's more like margin trading, and you really need to focus on this one, a couple of minutes and it could all be gone.

The results obtained will depend on the capital used and also the ability to analyze the market, but in my opinion those who hold crypto, especially Bitcoin, in the long term will get more profit than from day trading, because every trader must have made mistakes in decisions buying or selling so can reduce profit.
This could be true that the long term will provide more profit especially if you are using Bitcoin. However, for some reason, a short trade can compete with it, this could not work on Bitcoin but for alts at least, the fact that alts were more volatile which is perfect for short-term trade. You gotta choose wisely on the alts you're going to choose though because not all are capable to provide such profit.



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January 24, 2021, 02:05:53 PM
 #54

I can't be sure how much was made from trading during this bull run but I enjoyed it where the trades were amazing at the moment I still hold some btc and altcoins and some in savings during the profits.
However, at this time I am still paying attention to some potential coins and of course this needs some analysis, therefore it is still a consideration whether it is worth trading at this time to trade several altcoins because we know that a large amount of risk awaits but I play short to ensure small profits.

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January 24, 2021, 04:28:06 PM
 #55


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
I do not want to tell how much did I make in bitcoin trading because that is my secret Grin
I can only tell you that the amount is enough for me and it is a good profit, but I will try to make more profit than now as I see it is a good time to buy and sell bitcoin.
If the bitcoin price can jump higher in the next week, the other profit will come to me as I already bought bitcoin at a low price yesterday.
But if the price decline to go up, maybe I need to be more patient to wait for the price is back to the higher price.
I am sure the price will increase again, and that day will not take too long from now on.
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January 24, 2021, 10:58:58 PM
Last edit: January 25, 2021, 11:28:48 PM by seleme
 #56

The best R:R ratio was on the last bull market which happened during the 2017-18 market season, I have made a nice amount and move to another city. The best part of online trading is to be able to travel while making money with the laptop but there are many disadvantages of this "profession". The profit and loss ratio can not stay forever in the comfort zone, so better to cash out losses quickly and let the winners go.


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
The start of 2020 was a year of panic for all bitcoin owners, as they were devastated to see bitcoin drop below $ 5k. but now bitcoin has bounced back and is at a price above $ 30k this is very surprising and this might be an impressive bitcoin journey so far,
Therefore, when you have a lot of money when the price of bitcoin is still cheap, like what happened a few months ago when the price of bitcoin touched a price below $ 6,000 it is the best opportunity to buy a very large amount of bitcoin, whereas the current price of bitcoin it's too expensive so this is not the right time to get into bitcoin, wait until the price collapses to buy bitcoin again.
For rich guys, it is never early or late. Change the perspective and look at the market out of the box. There is no high or low price and there is no cheap/expensive price also. The big hedge funds and rich retail investors can buy the same quantities around $45k price and wait for the next tripled price in order to make the same profit with buying at $6k and selling $40k plus.

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January 25, 2021, 04:17:32 AM
 #57

I just started my trading journey this year I've not really earn much, I feel motivated by the experiences of some traders here, I hope to earn profits having devoted many years in learning and came up with my own trading strategy which is based on daily trading with a higher reward to risk ratio coupled with a fixed stop loss and take profit, I knew that trading is a highly risk venture but I am equal to the task having made some some profits with few losses.
As long as you know that those people who waited this long to become a great trader and made so much money used their experience and study in trading, you will be fine. There are some newbies unlike you who go out there and try to make money right away in a day and rush their profit but that is not how it works, you have to be patient about it and you do seem like you are patient and you don't rush profits so you are on the right path.

I have been in trading for over 5 years and I don't know how much I made, it must be something decent I hope Cheesy. But I really do not have exact number, however I can say that I have traded in all kinds of different ways, there is never one correct way to trade because all of the things we have are great trading material and you can use all those tools to create different strategies and methods all the time to make a brand new one.

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January 25, 2021, 10:48:27 PM
 #58


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
that's a natural thing for bitcoin, because the crypto market definitely has an up and down trend. stay positive if bitcoin is at a low price. perhaps the best way is to buy bitcoin and hold it. it would be better than having to watch without taking any action

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January 26, 2021, 06:02:59 PM
 #59

that's a natural thing for bitcoin, because the crypto market definitely has an up and down trend. stay positive if bitcoin is at a low price. perhaps the best way is to buy bitcoin and hold it. it would be better than having to watch without taking any action
before buying and storing it, you also have to know when to buy and store it. Do not buy at the price of ATH or the highest price, because it will be very painful. ATH at the end of 2017 alone was able to penetrate again in 2020 and it took approximately 2 years. Buying and saving at the lowest price will give you profit and peace of mind. Never get stuck with FOMO.
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January 26, 2021, 10:54:48 PM
 #60

That is a huge opportunity, to be honest.

Just imagine the price is at $3K or $4k and now we are seeing the price at $30K. It is more than 10x the time you've invested and if you have that amount to invest, that is just massive. Still, I don't say that people could get that timing right since the market is very unpredictable. I am just saying how big that profit would be if that timing is right.
Fortunately you do not need to have perfect timing, even if you happened to invest when the price was close to the 10k level that could have given you profits of 3x or even 4x, the problem is that people do not understand how markets work, they see the price going up and they buy because of FOMO, they do not seem to get that massive profits are made when you buy after a big crash, you may have to need to wait for years to see significant profits but if you do you could improve your life significantly with just that one trade.

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January 28, 2021, 11:12:59 AM
 #61

Fortunately you do not need to have perfect timing, even if you happened to invest when the price was close to the 10k level that could have given you profits of 3x or even 4x, the problem is that people do not understand how markets work, they see the price going up and they buy because of FOMO, they do not seem to get that massive profits are made when you buy after a big crash, you may have to need to wait for years to see significant profits but if you do you could improve your life significantly with just that one trade.
You could make massive profits even after you buy at huge prices, all it takes is waiting for a long time. People who bought at 20k during peak of 2017 and sold at 40k recently have made over x2 profits recently, that means if you waited for 3 years you could have made over x2 return and that is good for 3 year investment if you ask me, most other things do not give that much return.

So people who bought at 10k made x4 but that was quick, even the high peak ATH buyers made x2 so that tells you how you could profit at all times. Its 30k or so right now for example, if you buy from here which is a HUGE price, you could still make x2 when its 60k and I am sure that will happen too.
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January 28, 2021, 12:15:57 PM
 #62

The very first trading of crypto was done with bounty rewards. I kept hold of the received tokens for about three months time. Once after that it got listed on an exchange. I started to trade against bitcoin. Selling all the tokens I received about 0.12 btc. Further I don't have much knowledge, but I went for the buying of the tokens again. This time I made a sell order for 0.21 btc. This is the profit I made out of trading. Further on I wasn't able to concentrate on it for different reasons.

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January 28, 2021, 12:21:53 PM
 #63

For me i can tell that it can provide my whole expenses every month also that can support my daily needs and other but if really do have a good time to good there's always a good profit that i always hold the same way because this is the best way for me and i know for other's always that you can make a good profit is just by holding bitcoin , i started trading with following my guts because if you are having doubt  then you should not risking your money into it. The best way is to watch youtube and research to learn every time you want something.
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January 28, 2021, 04:10:29 PM
 #64

FWIW I cashed out.  Didn't have much so it is the best time to do it.  Even now I can buy more than I previously had.  Just going to check the price once a week as it goes down and buy when it starts going back up. 
I am glad you are able to do it because with me I am stuck when to sell because when it reached 40k I was like maybe I should wait for 45k and when it dropped to 30k I feeling like at least 35k is the minimum when I will sell. I am always in the dilemma and miss these chances but overall happy with my savings and no remorse.

The results obtained will depend on the capital used and also the ability to analyze the market, but in my opinion those who hold crypto, especially Bitcoin, in the long term will get more profit than from day trading, because every trader must have made mistakes in decisions buying or selling so can reduce profit.
Right but how much profit did you made? I am always excited to see the numbers and how people are doing and compare to myself.

I have not been able to do much in terms of profit but I managed to buy some when the price was around 12k and it was more an accident than strategy as I had to pay someone and he asked for Bitcoins, later he denied the job which we agreed and I was left with Bitcoins in hand and now I am so happy he didn't took them Grin.

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January 28, 2021, 04:20:51 PM
 #65


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
The start of 2020 was a year of panic for all bitcoin owners, as they were devastated to see bitcoin drop below $ 5k. but now bitcoin has bounced back and is at a price above $ 30k this is very surprising and this might be an impressive bitcoin journey so far,
Therefore, when you have a lot of money when the price of bitcoin is still cheap, like what happened a few months ago when the price of bitcoin touched a price below $ 6,000 it is the best opportunity to buy a very large amount of bitcoin, whereas the current price of bitcoin it's too expensive so this is not the right time to get into bitcoin, wait until the price collapses to buy bitcoin again.
The strategy of buying low is one everybody looks out for. the difficulty, of course, is when is the right time to buy, is the new low 25K or will it drop even more. Not knowing how low the price could go puts everybody in a bad position, nobody knows if BTC will ever go under 20K.

I sympathize with those who want to buy in and just can't get that 'right' moment down as it is difficult to know when it is a good time to enter the market. Though, that's the stress that comes with crypto, if you know what I mean  Cheesy
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January 28, 2021, 06:59:11 PM
 #66


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction

The best idea is the dollar-cost average. I personally think that BTC has no upper limits and I could go as high as whales and large investors want it to be. So the early you take entry the better it will be. So if the market goes down from your buying price then you could buy more and more btc and increase your portfolio. After 6 months you will see your average buying price is much much lower than before.
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January 31, 2021, 07:41:38 PM
 #67

Fortunately you do not need to have perfect timing, even if you happened to invest when the price was close to the 10k level that could have given you profits of 3x or even 4x, the problem is that people do not understand how markets work, they see the price going up and they buy because of FOMO, they do not seem to get that massive profits are made when you buy after a big crash, you may have to need to wait for years to see significant profits but if you do you could improve your life significantly with just that one trade.
You could make massive profits even after you buy at huge prices, all it takes is waiting for a long time. People who bought at 20k during peak of 2017 and sold at 40k recently have made over x2 profits recently, that means if you waited for 3 years you could have made over x2 return and that is good for 3 year investment if you ask me, most other things do not give that much return.

So people who bought at 10k made x4 but that was quick, even the high peak ATH buyers made x2 so that tells you how you could profit at all times. Its 30k or so right now for example, if you buy from here which is a HUGE price, you could still make x2 when its 60k and I am sure that will happen too.
True, however we need to be honest buying at the top of the bubble of 2017 and keep holding those coins to obtain 100% profits while possible it was almost impossible for most traders and investors out there, which is why I think it is way better to wait for a crash in the market and then use your money to buy at that point as that is when you can get the most bitcoin for your fiat and it will be very easy to hold as most likely a correction will follow the crash and you will be in profit for as long as you hold your coins.

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January 31, 2021, 10:50:28 PM
 #68

Well, I tried one time in trading and I gained a small percentage of the profit. But that is, for now, I stopped trading because I have some priorities.
Trading is not an easy task, you need to maintain your knowledge in trading, perhaps those who had a big capital will play the market very well. For now, I preferred long term trading, not the short term because I know it is very risky. If I estimate the amount that I gained in trading, it is good enough and I will not regret that I enter this crypto trading space.









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January 31, 2021, 11:09:32 PM
 #69

Well, I tried one time in trading and I gained a small percentage of the profit. But that is, for now, I stopped trading because I have some priorities.
Trading is not an easy task, you need to maintain your knowledge in trading, perhaps those who had a big capital will play the market very well. For now, I preferred long term trading, not the short term because I know it is very risky. If I estimate the amount that I gained in trading, it is good enough and I will not regret that I enter this crypto trading space.
Indeed, if you have no focus on this job, you will surely end up losing. "Lack of time" is a common reason why so many traders had failed. I often do trading also but not much it gives back to me as I only spend a few in trading as I have an office job to do. I do usually put trades after the office hour but sometimes I get tired and it affects my decision making wherein it gives me only losses due to mistakes. This is to realize that we need to have a clear mind before doing this otherwise, losing is what we've got.

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February 05, 2021, 04:47:04 AM
 #70

Well, I tried one time in trading and I gained a small percentage of the profit. But that is, for now, I stopped trading because I have some priorities.
Trading is not an easy task, you need to maintain your knowledge in trading, perhaps those who had a big capital will play the market very well. For now, I preferred long term trading, not the short term because I know it is very risky. If I estimate the amount that I gained in trading, it is good enough and I will not regret that I enter this crypto trading space.
The size of your capital has nothing to do with your skill, the size of your capital will have an effect in the sense that you can make more mistakes before you begin to be hurt by your losses but that is it, no amount is big enough to protect you from your mistakes, which is why you need to learn all what you can about trading before you even begin in order to avoid making silly mistakes that could be incredibly costly, and yet we see the opposite with newbies entering the market with almost no knowledge and losing everything relatively quickly.

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February 05, 2021, 04:33:14 PM
 #71

The size of your capital has nothing to do with your skill, the size of your capital will have an effect in the sense that you can make more mistakes before you begin to be hurt by your losses but that is it, no amount is big enough to protect you from your mistakes, which is why you need to learn all what you can about trading before you even begin in order to avoid making silly mistakes that could be incredibly costly, and yet we see the opposite with newbies entering the market with almost no knowledge and losing everything relatively quickly.
This is exactly right, if you have a small capital and learn how to trade constantly with it, and try to have a consistently profit and realize that you are doing it the right way, if you learn how to trade with a small capital you may not end up with a huge amount of profit because your capital is low, but you will realize that you are a great trader if you do it long enough.

After that you could keep trying to put more and more money into your crypto account and try to trade with more and more money, if you turn 100 dollars into 150 dollars that's great, but if you put another 50 bucks that you saved in there that is even better and you will have 200 bucks.

Hence, you turn that 200 dollars into 270 dollars, but you put another 80 bucks in that you saved and now you have 350. Basically keep doing this, both profit from trading/investing and also put money in that you save, and in 10 years you are going to be super rich, even if you start very very small.

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February 06, 2021, 09:58:57 AM
 #72


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
I have made some quick buvks in this volatile btc market.
Although I don't have much btc now but I don't want btc ptice to fall as it affects overall market and alts too fall.
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February 06, 2021, 03:57:45 PM
 #73

before bitcoin will fall down and correction I will take advantage of this to trade bitcoin well, I manage trading and have principles. if my profit is not 30% I will not stop and I must apply this to consistently get 30% profit from each trade

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February 06, 2021, 04:18:39 PM
 #74

Until the profit makes you feels happy. Yes you heared that right you can earning bitcoin that much until you say yes i got enough profit from trading. Because trading is uses for unlimited profit generate in crypto. And trading is like a bitcoin generated machine. But remember machine always is not profitable if we aren't set a decent target. Let me clarify for trading industry you have to set a daily profit goals. And you have to be with your that target. If you see that a day you get loss some. Then leave that day don't take again risk to reach your target. Take some time research more, find your mistakes then again start tomorrow.  A new day, new candles chart should be profitable for you. Remember learning from mistakes, finding mistake and solve that mistake is more valueable for your upcoming journey. All the best for a happy and safe trading journey.
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February 06, 2021, 05:29:38 PM
 #75

I have been working in the crypto market for several years now and I was able to observe both the insane growth of cryptocurrencies and their insane fall. Based on this, I developed a strategy for myself until the end of 2021. This strategy includes the opportunity to take part in various crypto projects for the accumulation of cryptocurrencies, as well as the ability to trade cryptocurrencies to increase the balance of held cryptocurrencies. However, my plan turned out to be difficult to fulfill, since I had to spend most of the profit on life, but despite this, I was able to collect a small amount of cryptocurrency in order to fix the profit at its maximum price point. For me, this moment should come in this year 2021 and I am confident that all my plans and goals will achieve success.
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February 06, 2021, 06:24:21 PM
 #76

Making a "profit" during this period is not really the important part, we can do that during bull periods easily and everyone can do it, I have turned my investment 5x higher during the last just 4 months, I can do that more and more commonly as well. The difference is the fact that we are not looking for just making a quick buck and run with it, we need to figure out ways that would make it more consistent, that way we could basically be profiting but also having a better future as well.

I am not planning on making a profit today, I may or may not do that and it wouldn't change too much of my life, in 20 years it will be so forgot that I will not even remember it, but if I can make an income stream for myself that I could earn money for the longer period that would be definitely something I would be fine with and I would definitely be happier about something long term instead of making profit today.

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February 07, 2021, 03:48:13 AM
 #77

I can not make any bitcoin from trade. I losses 1 btc with alt coin. I hardly work now for knowing crypto currency market.


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February 07, 2021, 03:52:20 PM
 #78

I can not make any bitcoin from trade. I losses 1 btc with alt coin. I hardly work now for knowing crypto currency market.
Every investors lose some money in trading or any other platform. So If you are beginner in trading you can invest small scale and it will satisfy your trade, you can increase your trade limit. Majority of the investors are set the auto trade so it will really help to stop the losses in trading. Many social media is easily guide for trading active result, so you can actively monitor the market you will get good profit. In my personal I never lose my money in trading and I make enough profit in trading.
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February 07, 2021, 07:46:27 PM
 #79

I have been working in the crypto market for several years now and I was able to observe both the insane growth of cryptocurrencies and their insane fall. Based on this, I developed a strategy for myself until the end of 2021. This strategy includes the opportunity to take part in various crypto projects for the accumulation of cryptocurrencies, as well as the ability to trade cryptocurrencies to increase the balance of held cryptocurrencies. However, my plan turned out to be difficult to fulfill, since I had to spend most of the profit on life, but despite this, I was able to collect a small amount of cryptocurrency in order to fix the profit at its maximum price point. For me, this moment should come in this year 2021 and I am confident that all my plans and goals will achieve success.
That is the hardest part of the crypto world and how to increase our profits, the hardest part is that we end up spending money on regular life, and that is why rich people get richer while poor people stay poor. They end up putting millions of dollars into investments and wait for it to get bigger, while also having the best life possible because they can afford to do both, they do not need to sell their investments to keep living the way they do, they can spend 10 million dollars a year on life and 10 million dollars on investment and still have 50 million dollars in liquidity in some bank just in case.

I have been around and keep grinding for projects as well, I did translations, I did content writing, I even did a website once even though I am not a developer, at the end of the day I do not have much, just a small amount because ı had to spend on life as well.

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February 08, 2021, 04:13:45 PM
 #80

I have to say I didn't make a lot but I certainly did made a lot of bitcoins over my life, not via trading but working for it, and people are forgetting that it can be made via working and earning bitcoin as well. However I did traded some, and not just bitcoin to dollar and dollar to bitcoin, I didn't do that much at all because I find that boring, however I did traded with bitcoin and alts, I believe there are coins that crash a lot without a good reason and I buy them when they crash, and I wait until they go back to old prices and I sold it, did that few times with all kinds of different coins as well.

If I really trusted Ripple I would have done that XRP as well, because it did went low and SEC has an investigation for them but the reality is that financial crimes get very small punishment so Ripple will get out of it without a problem and they will definitely make a profit from it, but I just do not trust the company as a whole.
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February 08, 2021, 05:52:37 PM
 #81

I'm not a speculator however. Recollect you haven't really brought in any cash until you have changed out. It took me about a year to sort out the bitcoin was anything but a sham trick, and afterward a ton of time to figure out how not to exchange bitcoin. I possibly began to bring in cash exchanging bitcoin when I ran out of approaches to not lose cash exchanging bitcoin.

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February 08, 2021, 10:10:25 PM
 #82

the profit obtained from bitcoin trading depends on the capital I use and of course it depends on the price movements at the exchange like what, when the price movement is fast, the profit you get will also be a lot even with small capital, if you use a lot of capital and the price movement increases then you can get more profit.
It would be mainly affected by Capital amount, Trading position and decisions neither you do sell or buy and also with that emotional kind of trading where emotion
do play a big role.Asking out on how much did i make with trading specially with Bitcoin? I cant put any numbers because ive been trading already for several years.
I do win some i do lose some which is inevitable but im sure im on the positive side because if i do stay up on negative then i might have already
stopped trading wayback into those years.

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February 08, 2021, 11:59:27 PM
 #83

Make much profit or not in bitcoin trading depends on the situation and conditions. When bitcoin is at such a cheap price as $3800 in March 2020,
then if someone buys at that time and sells it at $38000 today, it already makes a lot of bitcoins. Unfortunately I didn’t  make  that  much bitcoin,
bought it at $3800 and sold it at $38000. If you’re among them, it’s luck.

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February 09, 2021, 06:44:34 PM
 #84

Make much profit or not in bitcoin trading depends on the situation and conditions. When bitcoin is at such a cheap price as $3800 in March 2020, then if someone buys at that time and sells it at $38000 today, it already makes a lot of bitcoins. Unfortunately I didn’t  make  that  much bitcoin, bought it at $3800 and sold it at $38000. If you’re among them, it’s luck.
It is not always about luck, it is all about knowing when bitcoin crashes and it is not something that should crash. The "luck" part is to keep holding but that should always be the case for everyone, so this is basically just a common sense and not luck at all.

Why common sense? When in 2020 march bitcoin price reached to 4k, I said it shouldn't be 4k, we all know that bitcoin worths a lot more than that, it started the year at 7k and reached to 9k+ levels and I thought if I bought at 4k and sold at 8k I would double my money, it was seriously obvious to everyone who has been around that bitcoin wouldn't stay at around 4k, and it didn't for too long neither, jumped over 5k very quickly, maybe just 24 hours later.

I bought at a decent price and I have been buying ever since, and price reached 45k+ as well, why didn't I sell? Because I believe in the fact that as long as you do not need the money urgently, you should always keep it invested.

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February 10, 2021, 04:36:44 AM
 #85

Of course I used to work with Bitcoin when the price of Bitcoin was between 5000 to 10,000 $ then I must have traded and traded other currencies with Bitcoin then I got some profit.  What Bitcoin was then I was able to earn some money by trading and I was able to earn a good amount by trading some coins
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February 10, 2021, 05:29:46 AM
 #86

I don't literally trade Bitcoin so i cannot answer this completely because i use my Bitcoin for long term Holding , yeah i had sold some back but this is to Buy more again once the price decreases.

I uses Altcoin from trading when i trade in the past but now i must admit that trading was not for me as i continues losing lol.

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February 10, 2021, 05:41:16 PM
 #87

Why trade when you can hold and take out the big ones.

Especially day-trading during this bull market, maybe is not so essential.

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February 10, 2021, 11:13:41 PM
 #88

The size of your capital has nothing to do with your skill, the size of your capital will have an effect in the sense that you can make more mistakes before you begin to be hurt by your losses but that is it, no amount is big enough to protect you from your mistakes, which is why you need to learn all what you can about trading before you even begin in order to avoid making silly mistakes that could be incredibly costly, and yet we see the opposite with newbies entering the market with almost no knowledge and losing everything relatively quickly.
This is exactly right, if you have a small capital and learn how to trade constantly with it, and try to have a consistently profit and realize that you are doing it the right way, if you learn how to trade with a small capital you may not end up with a huge amount of profit because your capital is low, but you will realize that you are a great trader if you do it long enough.

After that you could keep trying to put more and more money into your crypto account and try to trade with more and more money, if you turn 100 dollars into 150 dollars that's great, but if you put another 50 bucks that you saved in there that is even better and you will have 200 bucks.

Hence, you turn that 200 dollars into 270 dollars, but you put another 80 bucks in that you saved and now you have 350. Basically keep doing this, both profit from trading/investing and also put money in that you save, and in 10 years you are going to be super rich, even if you start very very small.
Which is precisely why trading and investing is a long term game, people are looking to make tremendous profits in just a week or a month but truth be told if you can make something like 5% monthly it means you are in a stupendous situation, the only thing that you need to do is to keep adding capital to your account and over the years and the decades you will make a lot money and you will do so in a way that will not put your current capital at a very high risk like many newbies do.

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February 10, 2021, 11:31:43 PM
 #89

Last few days I was able to gain around $200 with my old coins which I hold for a year, due to less valued project. Somehow an opportunity came this year and given me enough profit to be used for my expenses. Definitely, this is a great help and it accommodated the budget for my family and fortunately that money used already for the surgery of my eldest son's keloid.
Trading with bitcoin is really hard these days specially when you're just doing bounty, but still thankful for being sustainable.

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February 11, 2021, 03:51:50 PM
 #90

Last few days I was able to gain around $200 with my old coins which I hold for a year, due to less valued project. Somehow an opportunity came this year and given me enough profit to be used for my expenses. Definitely, this is a great help and it accommodated the budget for my family and fortunately that money used already for the surgery of my eldest son's keloid.
Trading with bitcoin is really hard these days specially when you're just doing bounty, but still thankful for being sustainable.
There are so many coins that gained money this year because of the alt season that coins that has been dormant and didn't increase a lot for years suddenly started to make money again, I really like the alt season because of that, many useless and very tiny worth coins suddenly start to make a profit. I am in the same situation as well, I didn't make a huge return, but I had about 230 dollars worth of useless coins, I had a lot of them so when they combined made into 230 dollars but individually none of them are bigger than 50 bucks (used to).

However today I checked them and they suddenly worth nearly 560 dollars now, that is double and I am quite happy about it. I guess it is a proof that if we end up waiting for coins to make a profit, even if it takes years to reach there, eventually all of them goes up (except few dead ones) and that is really cool, I am going to keep waiting on them to see what they are going to be like in 5-10 years.

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February 13, 2021, 04:05:55 PM
 #91

Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
I didn’t trade anything this year, I was just holding it. Though my reason for not trading is because I’m rarely getting the chance as of recent and have been really occupied to have that kind of time, the only thing is try to keep up with trends and checking the price chart when I can to know where the market might possibly be heading to as the next move.

So, what I have just done is hold and it has been a success and perfect. The price has really gone big and the profit I have seen it more than double of what I have invested. I am still yet to decide whether to start selling, because some people have been saying we might reach 50,000 USD next.
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February 13, 2021, 04:30:10 PM
 #92

~
I didn’t trade anything this year, I was just holding it. Though my reason for not trading is because I’m rarely getting the chance as of recent and have been really occupied to have that kind of time, the only thing is try to keep up with trends and checking the price chart when I can to know where the market might possibly be heading to as the next move.

So, what I have just done is hold and it has been a success and perfect. The price has really gone big and the profit I have seen it more than double of what I have invested. I am still yet to decide whether to start selling, because some people have been saying we might reach 50,000 USD next.
Oh hey there. We're on the same boat actually Cheesy .
Actually in my case, I stopped trading at all and am just leaning tiny bit to get back to it but it just doesn't hit me that I should really trade right now. I just kept holding since I am focused more into earning from freelancing, wherein it is outside crypto and haven't got that much time to do my trading.

Time's pretty rough right now for us busy bees to do trades , huh?
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February 16, 2021, 11:57:32 PM
 #93

When the Covid 19 pandemic started I stopped trading due to crash in bitcoin price, I entered the market few months later which bitcoin price was around $10k since then have been following bitcoin price and I believe bitcoin is going to pump well. Since then I started using all my money to buy bitcoin and I told all my friends to also buy bitcoin some where scared why some decided to join me in buying bitcoin. Since then bitcoin have been increasing rapidly and see bitcoin price currently, lot's of people have been regret why dey did now buy bitcoin when it was late. But currently bitcoin price is still very low to enter if you think you want to make lot's of money with bitcoin you can still buy bitcoin now and hold, because bitcoin won't be seen in the pricey range again in the next few monts so buy your bitcoin now and make your profit later.

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February 17, 2021, 05:52:43 AM
 #94

I didn’t trade anything this year, I was just holding it. Though my reason for not trading is because I’m rarely getting the chance as of recent and have been really occupied to have that kind of time, the only thing is try to keep up with trends and checking the price chart when I can to know where the market might possibly be heading to as the next move.

So, what I have just done is hold and it has been a success and perfect. The price has really gone big and the profit I have seen it more than double of what I have invested. I am still yet to decide whether to start selling, because some people have been saying we might reach 50,000 USD next.
Oh hey there. We're on the same boat actually Cheesy .
Actually in my case, I stopped trading at all and am just leaning tiny bit to get back to it but it just doesn't hit me that I should really trade right now. I just kept holding since I am focused more into earning from freelancing, wherein it is outside crypto and haven't got that much time to do my trading.

Time's pretty rough right now for us busy bees to do trades , huh?
That is without a doubt one of the greatest advantages that investing has over trading, if you want to trade you have no option but to sit down and stare down at the screen and see if you find a good opportunity to make money, there is no way around it, unless you are able to code your own bot, but when it comes to investing you can select a coin that has very strong fundamentals, like bitcoin, and then remain invested in that coin and just check the price once in a while to see what's happening, and if you see that something important is happening then you can keep a more close look to the market during that time frame, but still the time investment is way lower than what you will have to do with trading and that is a plus for those that are very busy like you.

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arifteguhr
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February 17, 2021, 06:16:11 AM
 #95

During the past 1 year I have made great profits from my investment. well remember when March I was stressed because of the pandemic and also the decline in bitcoin was quite large at that time. I have uninstalled the whole market and forgot about my assets. to the point where I remained patient in August and last December I benefited from my patience. I at that time got a profit of up to 400% of the capital that I spent. Remember hold is the key to trading long term and be patient

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freed.james33
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February 17, 2021, 10:35:16 AM
 #96


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction

If you're being impatient on your Bitcoin investment you'll do a short trading/day trading which I think is not that profitable compared to long trading/holding but it really depends on the person and how good he/she is on handling investments. FUD is really a patience killer so better DYOR (do your own research) at all times.
Julien_Olynpic
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February 17, 2021, 05:50:44 PM
 #97

As practice shows, there is absolutely no need to trade bitcoin. It is enough just to keep it in a cold wallet. Nothing else is needed. Yes, we had a long 2018-2020 bearish period, but that period is over. You could just wait it out. And get out of it without loss. People who have traded bitcoin have the most common loss of bitcoin. On the other hand, they have gained invaluable experience. And this experience is difficult to acquire without trading.
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February 19, 2021, 03:56:45 PM
 #98

During the past 1 year I have made great profits from my investment. well remember when March I was stressed because of the pandemic and also the decline in bitcoin was quite large at that time. I have uninstalled the whole market and forgot about my assets. to the point where I remained patient in August and last December I benefited from my patience. I at that time got a profit of up to 400% of the capital that I spent. Remember hold is the key to trading long term and be patient
It is amazing you managed to hold on because I saw even the most patient and stable traders panicking during that time when market collapsed which I believe was due to the plus-token scam that happened in those times. I think corona virus had nothing to do with bitcoin market crashing and in fact there were news that eruption in the digital payments would actually help Bitcoins. People who held in that times were the real investors I would say and Bitcoin paid them off handsomely late last year and continues to pay now as BTC crosses $50k.

I just hope the story you told us is true because when I visited your profile's trust page it looked like you do make some bad comments and some useless ones. Anyways if you actually held on and made 400% profits, congratulations to you and glad you managed to hold on.

I never held too much at any point of time but I never panicked either and all my profits from trading have been through sharp buying of tokens like a new token gets listed on Binance like 1inch recently, then I will buy some and when the price rises which it usually does, I cash my coins.

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SirLancelot
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February 20, 2021, 03:34:50 PM
 #99

If you're being impatient on your Bitcoin investment you'll do a short trading/day trading which I think is not that profitable compared to long trading/holding but it really depends on the person and how good he/she is on handling investments. FUD is really a patience killer so better DYOR (do your own research) at all times.
I do not think selling is a bad option if you actually buy once again when the price goes down because some traders do not have big capital and the best chance for them to earn is by selling and buying bitcoins frequently which gives them profit and once the capital is big enough maybe you can just buy bitcoins and become an investor. I saw some traders turn into investors but it requires some solid capital first.

we had a long 2018-2020 bearish period, but that period is over. You could just wait it out. And get out of it without loss. People who have traded bitcoin have the most common loss of bitcoin. On the other hand, they have gained invaluable experience. And this experience is difficult to acquire without trading.
As someone who has seen adverse and joyous times, I can easily tell you that when times are good its easy to advice and suggest things but when the market was breaking everyone was trash talking for bitcoin and it was not easy to stick with the coin you had. You will see once a bear run starts there will be some negativity again despite no fundamental changes in bitcoins.
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February 20, 2021, 09:08:00 PM
 #100

For me, it is a question of how much I should've made in Bitcoin...

I was already interested in this way back in 2016. I was already hearing it before but a friend of mine in college explained it further and convinced me to start investing in it. I did some little research and I was still skeptical even when I had my first cash in to Bitcoin. With that, my investment from then grew and I even used it for trading. And the only problem I had with it now is that I did not invest more. My huge percentage profit should've made me more money if I invested more.

But that's how the trading life is I guess. You will never now when the price will spike and when it will crash. But with proper research and studies, you can manage the risk and be able to make more money with it.
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February 21, 2021, 09:10:28 PM
 #101

During the past 1 year I have made great profits from my investment. well remember when March I was stressed because of the pandemic and also the decline in bitcoin was quite large at that time. I have uninstalled the whole market and forgot about my assets. to the point where I remained patient in August and last December I benefited from my patience. I at that time got a profit of up to 400% of the capital that I spent. Remember hold is the key to trading long term and be patient
This is a very nice story, it is so easy to give up when it seems that things are never going to improve and without a doubt those were very difficult days for the market of cryptocurrencies and for the world in general, people were very scared about what could happen in the future as it was still not clear how lethal the virus could be, fortunately for us since then the market of cryptocurrencies has recovered significantly and it has reach heights that we would have never guessed could have happened so soon after the crisis.

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bearexin
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February 22, 2021, 05:31:54 AM
 #102

Candidly speaking I can't give a certain number because I do not want to share that but I can talk about other people I have seen, and I can tell you that during these type of bull periods there is actually a decent chance that you could make a decent amount of profit without really doing too much. Of course it is not that easy but it is still a bit about luck and you could always get lucky if you are in the bull market. I know people who were amazingly experienced in trading that lost money during bear runs and I know people who made a ton of profit while still being a newbie during bull run.

This is why I think most important aspect is the market movement, and if you trade during the right period you will have a much bigger chance to make a profit. I am both lucky and unlucky in that regard because I have been around during both bull and bear periods.
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March 07, 2021, 08:45:39 PM
 #103

Not much, but I managed to earn something. It could have been much more, but difficult times forced me to withdraw some of the profits of btc, although I do not know if this is an excuse.
If I were smarter, I would have found another way to get money, and leave the btc until the best moment.
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March 14, 2021, 02:05:41 AM
 #104

Not much, but I managed to earn something. It could have been much more, but difficult times forced me to withdraw some of the profits of btc, although I do not know if this is an excuse.
I don't think you should have any regrets and look I am not trying to tell you how you should trade but from my own experience, feeling good about even the worst trades you made, will only boost your morale and give more confidence in your next trades. Having a negative mindset and feeling of regret doesn't let you trade freely.

If I were smarter, I would have found another way to get money, and leave the btc until the best moment.
You could have actually taken a loan in USD by putting your Bitcoin as collateral under a trusted lender and then once you had your money problems sorted, you could have paid back or even if you had to pay back from the Bitcoins itself, you still would have got a way better value for the same amount of Bitcoins. But it's all in hindsight so I don't think you should feel down because of it.

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JohnBitCo
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March 14, 2021, 11:38:49 AM
 #105


Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction

If you're being impatient on your Bitcoin investment you'll do a short trading/day trading which I think is not that profitable compared to long trading/holding but it really depends on the person and how good he/she is on handling investments. FUD is really a patience killer so better DYOR (do your own research) at all times.

No matter how much experienced and patience you're ,its not easy to see this big crash at it happen on 13 March, 2020. Seeing your portfolio going to half or zero (if you were in future trade at that time) is not easy. Traders are ready for small corrections but what happened on that day was not expected by anyone.
Wawa2013
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March 14, 2021, 12:02:04 PM
 #106

When it comes to the amount of profit I make from Bitcoin, of course I don't count it in detail. But my estimate is more than $ 2000 in profit
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TedMosby
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March 14, 2021, 03:45:16 PM
 #107

I started with zero since the pandemic situation began. now I have around 5k I think, and I’ve already spent 8k from that zero. However, all of it is not my trading profits. I got it all by hanging around on this forum.
I also got some airdrop by doing a trade in an exchange. It’s really worthed.
Can’t calculate my trading profits in bitcoin, because I started it with zero since the last few months. And one thing, my trading skills gives me less profits than my skills on doing nothing (hodl).
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March 14, 2021, 07:15:46 PM
 #108

I have made quite a lot money trading but I have actually made more by just hodling the bitcoins in my wallet.
The amount of money made trading is actually dependent on the amount of time invested into trading and how long the trader has been trading.
I haven't made as much as I would have loved simply because I haven't been able to give it much time. I only trade in my spare time.
Like I mentioned, I hodl most of my coins

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March 14, 2021, 07:40:36 PM
 #109

I started with zero since the pandemic situation began. now I have around 5k I think, and I’ve already spent 8k from that zero. However, all of it is not my trading profits. I got it all by hanging around on this forum.
I also got some airdrop by doing a trade in an exchange. It’s really worthed.
Can’t calculate my trading profits in bitcoin, because I started it with zero since the last few months. And one thing, my trading skills gives me less profits than my skills on doing nothing (hodl).
^ How lucky you are bud, it looks like from scratch and now you have gained too much from trading.
Unluckily, we are not the same, I stop trading during a pandemic because I have a priority job (I am a frontliner) than doing in crypto trading. But now, I did not regret it because I saw my portfolio increase the value of my holding, since then I accumulate BTC and other altcoins that affordable to purchase. During this bull run, trading and holding are probably the same way of gaining profit. If you bought BTC last year, that is a big profit now.
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March 14, 2021, 09:04:50 PM
 #110

It is not so difficult to earn money from trading with enough knowledge. Gathering knowledge is hard. By the way, from my trading, I have earned a lot to be honest. But it is true also that I lost my funds at the very beginning of my trading. Still I am earning. In this bull run, I got a good amount of profit for holding BITCOIN. Those persons who hold their Bitcoin for a long time, now this time they are enjoying.

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March 15, 2021, 01:58:07 PM
 #111

-snip-

^ How lucky you are bud, it looks like from scratch and now you have gained too much from trading.
Unluckily, we are not the same, I stop trading during a pandemic because I have a priority job (I am a frontliner) than doing in crypto trading. But now, I did not regret it because I saw my portfolio increase the value of my holding, since then I accumulate BTC and other altcoins that affordable to purchase. During this bull run, trading and holding are probably the same way of gaining profit. If you bought BTC last year, that is a big profit now.

yeah, trading is time and mind-consuming, it's difficult to focus on your main job seeing your portfolio up and down drastically. I have been in that kind of situation, and it ruined my workflow. hodling is the best way you can do if you already have the main job. buy, forget, and back to work.
however, I have to earn more during this pandemic due to covers my family expense. I am the only one who still can works because most of my family members are tourism workers. sometimes I speculate too.
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March 23, 2021, 06:59:42 PM
 #112

Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
Where I am from, it is not really "nice" move to talk about how much you make, it is seen as a bit wise guy move and it is not done that much, I didn't know how much my father makes a month for the longest time as well, only after I went to college I learned about it during a talk. That is why I do not get crypto system that much neither, here everyone talks about how much they have and how much they make and what they spend it on and so forth, it could be funny at first maybe but it becomes a bit boring after a while.

When a rich person comes up and says they made a million dollars from trading crypto, that doesn't look like promoting crypto trading to me, that looks like he is promoting his skills and talents and showing off, that is why I dislike it. But, it is the community we are in and people like to talk about their money so I just keep my mouth shut about mine as much as I can, sometimes even I slip up and say numbers, but mostly I just say if it is up or down.

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March 27, 2021, 03:53:21 PM
 #113

The past year Bitcoin price was very Low and now Between one year we see a big changes on Bitcoin price and Every trader and Investors make good profit from Bitcoin also i make some good profit from Bitcoin and also i see many Trader Daily earned some good money from Bitcoin Trading.                   

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......swap...Swap, Earn, Bridge, Mint Crypto
& NFT in Multiple Chains
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March 27, 2021, 04:25:38 PM
 #114

It is not so difficult to earn money from trading with enough knowledge. Gathering knowledge is hard. By the way, from my trading, I have earned a lot to be honest. But it is true also that I lost my funds at the very beginning of my trading. Still I am earning. In this bull run, I got a good amount of profit for holding BITCOIN. Those persons who hold their Bitcoin for a long time, now this time they are enjoying.
I have to disagree a little bit with that.
Gathering knowledge is all easy now. Right now in Youtube, you could just use "day trading tutorial" and many would now pop up on your screen to choose how to trade.
The hardest thing to do is how you apply those knowledge you gathered.
If one couldn't apply that knowledge, just hodl.
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March 27, 2021, 04:57:49 PM
 #115

Trading is an art and few of people expert in it,Trading is not for everyone but for those who have passion of success and patience to get expected profit.Basic education is necessary without education of trading is like a gambling.Follow the proper rules,I mainly trade for long run and also put stop loss to avoid huge losses,My portfolio mainly focus on worthy coins having great future and buy at low then HODL and sell when i get my profit.

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March 27, 2021, 08:20:00 PM
 #116

A lot mistake i have done in my trade starting career. Well today i will be zero and still i can not make profit if i did not understand that i have started my trading journey with full of mistake. Honesty when i start my trading journey i was try to follow up other people’s strategy or also not a single person i search alot on youtube, telegram and i followed everyone and then i mixed up everything then the result comes nothing. Then i started blame them. But at the end of some loss then i got to go with only one Teacher but my challenge is i don't follow his strategy i just learn how he doing this. And then i will made my own strategy. And you won't believe i can say now i am a trader who don't loss any money since last 9 months. Yeah i loss little bit again i overcome my loss too within a week. So still i made mistake and learn from mistakes then still can make profit. Remember if you want to stay in trading then mistakes will be your Daily friend. But you have to admit that was mistake and i have to find a better solution for this. That's it.
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March 27, 2021, 11:06:59 PM
 #117

Trading is an art and few of people expert in it,Trading is not for everyone but for those who have passion of success and patience to get expected profit.Basic education is necessary without education of trading is like a gambling.Follow the proper rules,I mainly trade for long run and also put stop loss to avoid huge losses,My portfolio mainly focus on worthy coins having great future and buy at low then HODL and sell when i get my profit.
I have a friend that engages in trading and I've noticed that he do it well. He can make $100 per day or more if he wants to but because of the nature of his job, he can't spend a lot of time with it. He also tells me that he suffered big losses but he able to recover them for a short while. This gives me into thinking that even you are doing good in trading, you can't still escape losses and if we are desperate enough and quit, we never have to recover it.

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March 30, 2021, 09:26:41 AM
 #118

It varies , and let’s say you can make around 5% to 30% from trading in a month. You really have to put in some focus and trade properly to achieve something bigger. And also the market condition at the moment can as well determine the level of your achievements, there times the market will be bullish and at that moment all your trades that you place will be bringing in profits and that’s a plus for you.

If you’re just going to be HODL’ing,then that’s going to be a different case, because you can stay a month and not get any profit until the market starts growing.

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March 30, 2021, 01:16:53 PM
 #119

It varies , and let’s say you can make around 5% to 30% from trading in a month. You really have to put in some focus and trade properly to achieve something bigger. And also the market condition at the moment can as well determine the level of your achievements, there times the market will be bullish and at that moment all your trades that you place will be bringing in profits and that’s a plus for you.
You can't make a good profit if you don't have a focus on your trade and that even possible you lose instead of profit. A lot of factors that could affect the result of our trades
*a choice of coin
*strategy
*capital(this could be a big factor)

Quote
If you’re just going to be HODL’ing,then that’s going to be a different case, because you can stay a month and not get any profit until the market starts growing.
Holding is far different in trading and if we compared the result, I'm in no doubt that trading could gain more than just holding. Well, of course, the risk is high but it has to be said that more risk = more profit.

R


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March 30, 2021, 07:08:04 PM
 #120

Trading is an art and few of people expert in it,Trading is not for everyone but for those who have passion of success and patience to get expected profit.Basic education is necessary without education of trading is like a gambling.Follow the proper rules,I mainly trade for long run and also put stop loss to avoid huge losses,My portfolio mainly focus on worthy coins having great future and buy at low then HODL and sell when i get my profit.
We really have to sell if we're going to take profit.

We sell on that level and we don't sell if we're about to panic and just taking to break even. Many holders are becoming traders when they're about to panic and forgetting about their plan because of their emotion.

They can't handle the pot if it's already hot and that makes them sometimes sell at losses or break even.



.
.BIG WINNER!.
[15.00000000 BTC]


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Oilacris
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March 30, 2021, 07:22:50 PM
 #121

Trading is an art and few of people expert in it,Trading is not for everyone but for those who have passion of success and patience to get expected profit.Basic education is necessary without education of trading is like a gambling.Follow the proper rules,I mainly trade for long run and also put stop loss to avoid huge losses,My portfolio mainly focus on worthy coins having great future and buy at low then HODL and sell when i get my profit.
We really have to sell if we're going to take profit.

We sell on that level and we don't sell if we're about to panic and just taking to break even. Many holders are becoming traders when they're about to panic and forgetting about their plan because of their emotion.

They can't handle the pot if it's already hot and that makes them sometimes sell at losses or break even.
When you are just new into this market then you would most likely to have this kind of behavior on where you do really easily react when there's a price decrease
or do get easily fomo'ed when there's a pump or simply means that you do easily  react with simple price movements.

In due time when you do already get the experience then these kind of mistakes would really be not likely to be done since you are already aware on how the market works.

Profitability will always vary on how well you are dealing with the market.This isnt something that can be just attained in a short time. Experience needed and for you to get
that then it would be basically means about lots of trial and error had been made.
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March 30, 2021, 09:56:04 PM
 #122

Trading is an art and few of people expert in it,Trading is not for everyone but for those who have passion of success and patience to get expected profit.Basic education is necessary without education of trading is like a gambling.Follow the proper rules,I mainly trade for long run and also put stop loss to avoid huge losses,My portfolio mainly focus on worthy coins having great future and buy at low then HODL and sell when i get my profit.
We really have to sell if we're going to take profit.

We sell on that level and we don't sell if we're about to panic and just taking to break even. Many holders are becoming traders when they're about to panic and forgetting about their plan because of their emotion.

They can't handle the pot if it's already hot and that makes them sometimes sell at losses or break even.
When you are just new into this market then you would most likely to have this kind of behavior on where you do really easily react when there's a price decrease
or do get easily fomo'ed when there's a pump or simply means that you do easily  react with simple price movements.

In due time when you do already get the experience then these kind of mistakes would really be not likely to be done since you are already aware on how the market works.

Profitability will always vary on how well you are dealing with the market.This isnt something that can be just attained in a short time. Experience needed and for you to get
that then it would be basically means about lots of trial and error had been made.
That is a fact.

And that's where the newbies don't understand about studying and getting to know more about the market in the long run. It's about your experience and frustrations that will you understand that you don't get rich overnight with it.

While the newbies think that when you trade, you become rich on an instant.



.
.BIG WINNER!.
[15.00000000 BTC]


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March 30, 2021, 10:08:38 PM
 #123

1% every day, that seems so good for me. Maybe an expert will do more as they are much knowledgeable on the market but if you are just a starter, you will be lucky enough to have some profit.
Trading could be in timing, you can just buy and then sell. No, you should also have observed the market flow, and that to know how important it looks on the chart. That if you are too careless in here, you surely end up losing your money easily and this is often happening to newbies.



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March 31, 2021, 02:43:43 AM
 #124

It varies , and let’s say you can make around 5% to 30% from trading in a month. You really have to put in some focus and trade properly to achieve something bigger. And also the market condition at the moment can as well determine the level of your achievements, there times the market will be bullish and at that moment all your trades that you place will be bringing in profits and that’s a plus for you.

If you’re just going to be HODL’ing,then that’s going to be a different case, because you can stay a month and not get any profit until the market starts growing.
Yeah, that is why we calculate yearly averages. In finance world people talk about yearly profits, look at all the companies who do profit sharing like Berkshire Hathaway or any other company, they talk about their annual return rates and how 10-20% is good for them because that is what you can calculate, monthly is too narrow to talk about.

If you can make about 20% yearly, that is actually not bad, people talk about it like it is nothing because we are in crypto world and honestly people can make more than that in a day in some stuff, but the reality is that if you can consistently make 20% every year for 20 years you can retire. A guy who starts working at 22 years old after college puts up about just 50 dollars per month into investments and does that with 2% increase per year (so second year it has to be 51 dollars) that means with 20% return he can retire at 40 years old or so, that would probably be enough.

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March 31, 2021, 02:49:10 AM
 #125

I think it's it depends on what you have we are talking about what you can afford some people want to trade but they don't have a large capital amount which is just okay if you have only 10-20 dollars I think just enough just to carry on the wave of the market but it's not volatile it's not recommended to trade with that amount.

But for me, I make a trade with 100-200 dollars is enough just to have a good hand to hold your trade and not much nervous on the market.
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April 01, 2021, 03:01:07 PM
 #126

This differs on the capital and risk management of us. There are others that do high leverage and low margin in futures trading. While there are others who thinks trading can make them millionaire fast that doesn't manage their margins well. I myself is a high leverage, low margin trader and so far I'm earning 30% of my 100$ capital with this bull market. The profit is not that big but the risk of being liquidated is very low. I want to increase my capital but my income is just enough for my personal responsibilities and also afraid because if I lose, earning that money again won't be easy.
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April 01, 2021, 07:12:42 PM
 #127

1% every day, that seems so good for me. Maybe an expert will do more as they are much knowledgeable on the market but if you are just a starter, you will be lucky enough to have some profit.
Trading could be in timing, you can just buy and then sell. No, you should also have observed the market flow, and that to know how important it looks on the chart. That if you are too careless in here, you surely end up losing your money easily and this is often happening to newbies.
For small traders, that 1% won't budge a lot even for me. It's a meh.
Maybe for the rich types or those you call whales would call that more than enough every day, because surely they had invested more than 5 digits in USD and a 1% of that would be hell a lot.
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April 01, 2021, 07:42:07 PM
 #128

Overall, while I made money trading bitcoin(and other cryptocurrencies), I've honestly could've made A LOT more money if I simply held my bitcoin and dollar-cost averaged, and just put all my focus on creating businesses. While I'm not going to demotivate anyone to do trading, it simply isn't for everyone. Most people are simply better doing something else for money.

I completely agree with this, trading isn't for everyone (and I am glad I realized it now Cheesy) because, it needs not only good patience and market knowledge, but quite a big capital to start with ngl. I believed that one can make good money even trading with small amounts, and while that is partially true, but it is simply isn't worth it because it will take lots of time and isn't going to happen overnight. It's easier to hold, it's like you are trading your crypto/time pair and sell it when crypto is higher in price.
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April 01, 2021, 07:50:55 PM
 #129

Probably few $ but actually by holding. As for trading you need to have a price when you buy and a price when you want to sell it. Then a price there you ready to enter the markt again and a price when you sell then. It depends if you want to earn more you have to be watching news everyday and sell and buy everyday or just as freq as you want too. This what i figured out for me
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April 01, 2021, 08:23:55 PM
 #130

This differs on the capital and risk management of us. There are others that do high leverage and low margin in futures trading. While there are others who thinks trading can make them millionaire fast that doesn't manage their margins well. I myself is a high leverage, low margin trader and so far I'm earning 30% of my 100$ capital with this bull market. The profit is not that big but the risk of being liquidated is very low. I want to increase my capital but my income is just enough for my personal responsibilities and also afraid because if I lose, earning that money again won't be easy.
There are really factors to be considered when we do talk about profitability.

-Total Capital
-Lot sizes(Order or position)
-Times on selling and buyback
-Time spent on trading
-Emotion

Things that do mainly to be look upon which would heavily affecting on someones trade.
So when it comes to profit making then it would really vary.

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April 01, 2021, 09:10:23 PM
 #131

1% every day, that seems so good for me.
For small traders, that 1% won't budge a lot even for me. It's a meh.
Maybe for the rich types or those you call whales would call that more than enough every day, because surely they had invested more than 5 digits in USD and a 1% of that would be hell a lot.

Wait, what?  If you can manage to profit 1% per day on your capital is a huge deal! Just do the simple math:  1% per day is 365% per year and if you manage to compound your returns 1% per day turns into 3778% per year.

In other words: if your capital is 2500 US$ and you can make 1% per day (25 US$) you'll turn it into 11,600 US$ after one year and if you compound it you'll end up with a capital of 94,458.59 US$ after just one year.
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April 01, 2021, 09:17:19 PM
 #132

yeah, trading is time and mind-consuming, it's difficult to focus on your main job seeing your portfolio up and down drastically.

Proper position sizing and risk management are key. In general: if your risk is too high, you'll wrap your head around your trade 24/7.  If you can't sleep as you have to think about your positions: your risk is too high. Lower your position to a reasonable and manageable level which does not cause pain to you if price fluctuates and always set a reasonable stop loss.
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April 01, 2021, 09:22:58 PM
 #133

I have a friend that engages in trading and I've noticed that he do it well. He can make $100 per day or more if he wants to but because of the nature of his job, he can't spend a lot of time with it. He also tells me that he suffered big losses but he able to recover them for a short while. This gives me into thinking that even you are doing good in trading, you can't still escape losses and if we are desperate enough and quit, we never have to recover it.

If he suffered big losses he did not practice good risk management and that is key.  Reasonable Risk-to-Reward and proper risk management and position sizing are vital.

If one trades a strategy with 2% of his capital at risk per trade, a 50% win rate and averages a 1:3 Risk-to-Reward (RR) on a winning trade, he'll be absolutely fine, can survive a losing streak of 50 trades until he's out of money and does not have to suffer big losses due to hard stop-losses.
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April 02, 2021, 10:12:07 AM
 #134

yeah, trading is time and mind-consuming, it's difficult to focus on your main job seeing your portfolio up and down drastically.

Proper position sizing and risk management are key. In general: if your risk is too high, you'll wrap your head around your trade 24/7.  If you can't sleep as you have to think about your positions: your risk is too high. Lower your position to a reasonable and manageable level which does not cause pain to you if price fluctuates and always set a reasonable stop loss.
I supposed to think that all the traders before putting their money for trade are already aware of the risk and that losses could wait for them.
Just simple, only trade the amount that you can afford to lose and I think it is reasonable enough to say that they know how to manage their fund before engaging to a higher risk.
If that they know nothing about this, that gives them hell. 

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April 03, 2021, 03:21:42 PM
 #135

I still recovering my losses since the beginning of my trading journey and I still don't have proper right time in getting back quickly what i've loss
since I have little time in positioning my trades but I'm learning how to properly execute when I will set and analyse the market.
I'm satisfied when I won 10%-15% of my trades and take the profit then proceed to other trades. I don't blame myself if I don't get the same win
in every day and not every day you will win. Consistence is also the key in trading and continue on learning.

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April 03, 2021, 07:26:20 PM
 #136

I still recovering my losses since the beginning of my trading journey and I still don't have proper right time in getting back quickly what i've loss
since I have little time in positioning my trades but I'm learning how to properly execute when I will set and analyse the market.
I'm satisfied when I won 10%-15% of my trades and take the profit then proceed to other trades. I don't blame myself if I don't get the same win
in every day and not every day you will win. Consistence is also the key in trading and continue on learning.
You don't have to trade if you want to recover your losses and if that doesn't work to you perfectly maybe you have to change your strategy. Set yourself a plan and try to become an investor and you don't have to chase your losses daily.

You buy at a lower price of bitcoin and you only need to wait a bit of time, maybe a week or two and you'll see the result of it. Usually it's an effective strategy that will help you recover a little by little from your losses if you're not rushing around.

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O F F I C I A L   P A R T N E R S
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