My 1 month testing trade result $500 profit

[DarkDays]

Excellent results if you are trading BTC/USDT only! This particular pair is too wild for me and I'm trading altcoins.

I agree, $500 within one month is a great start... Even if you get this profit from altcoins it is still alright. In fact, you could even do better the only difficulty is of course, picking the right project at the right time, typically, before it does an ATH.

I think you could still do better, especially given the bull-run we're on where there are hundreds of coins that go bull-ish before sinking so if you could get on one of those waves you will reach >1K. Anyway, not bad!

[agustina2]

Active on trade or not, the current bull run helps our portfolio becomes green.

I also profited over $500 within a month but mostly by holding with only a few trades for BTC and BNB. I don't think I can call that achievement as the only reason my assets go up is because of the bull run and not thru trading regularly. The quantity remains the same with only a few added thru small trades.

What strategy are you using to guess the price direction? Or you are using another approach, maybe?

Speculations mostly. When the BTC price reached its new ATH, it's suggested that fill the bags more for an expected continuous big wave and it happened!

[saffira]

You are a good trader with a good attitude. I am happy for you and more profit for you. The way you share your trading experience shows that you are a patient one and you are really studying the marke . Keep up your good attitude.

[Stedsm]

What strategy are you using to guess the price direction? Or you are using another approach, maybe?

Speculations mostly. When the BTC price reached its new ATH, it's suggested that fill the bags more for an expected continuous big wave and it happened!

Exactly, because when it never reached such highs before, we don't get to know the possibly new support and resistance areas where BTC might gain / lose momentum. This time, profits are all there because we know that institutions are buying it, so holding on it is a "once in a lifetime" kinda opportunity. And tbh, whenever we don't know where will these S&R be, we simply "hope & expect" the price to go there which is why some ridiculously wild speculations on the price of BTC are being made.

[goinmerry]

This time, profits are all there because we know that institutions are buying it, so holding on it is a "once in a lifetime" kinda opportunity.

A good point. The growth was involved with some big institutions taking part. It's not a growth that is just purely based on positive speculations unlike in 2017 that the growth is not generic resulting in a big crash the following year.

If continues, OP's $500 profit within a month can grow more through a well-planned trading strategy. He did a great job on his monthly result so just maintaining it along the way will be the key to more profits in his 2nd month.

[MCobian]

This is what I like about Bitcoin trading, because it doesn't take a long time to make a big profit. And the opening post has provided evidence
to all of us, that within a month he was able to get a profit of $ 500. Of course this achievement motivates many people, especially those who
are just starting to start trading, this is very motivating. Hopefully I can also get as much profit as you get, especially now that it's a bullish trend,
so it's very good for trading Bitcoin.
 

[jerry0]

Where you from and what site you use to cash out to your bank account?

[cheezcarls]

Those are great results from you. Well done! Keep it up! It’s way much better to follow your own instincts and have the final say rather than listening to the opinions of others or relying on some trading signals or calls. As long we know how to spot trade, profits will come but it may still depend on the market situation.

[Sled]

Those are great results from you. Well done! Keep it up! It’s way much better to follow your own instincts and have the final say rather than listening to the opinions of others or relying on some trading signals or calls. As long we know how to spot trade, profits will come but it may still depend on the market situation.

It all lies in the market situation and the strategy we use. And there is something we don't have to miss, which is to manage our emotions.

OP has to say that he is in the perfect timing where most coins in the market are rallying high. If that he can make $500 in the past days but not guarantee it keeps the momentum especially when huge corrections will happen.

[Betaj00]

I want tell you that as a junior trader you make very good amount from your crypto Trading. You make 500 usd in one month. This is very good news and very inspiration for newbe trader's.  But i think it maybe more better if you shared your knowledge with this Forum, then it will very helpful for Newbe Crypto Trader's.               

[ropyu1978]

Perfect result with your trading profit and I think when new trader wanna try with cryptocurrency trading they will get the same like you but should patient how waiting for new position entry, I think why many people failed when trading because they not have enough patient when buying or selling coin, always panic after see coin raise to higher price and keep to entry position buy although coin have raise higher price.

[lixer]

In spot trading. After a whole month today i am happy with this result.  I make a profit of $500. Truely this is huge if you are newbie because for newbie future trading is not user friendly. And i have done this trade as a test perpose. So if you are newbie you can start with spot trading.  It is a friendly suggestion for everyone. It is not for expert traders. Because you guys know what you have to do. Newbie guys can take a safe profit with spot trading and learning more for future trading.

Keep safe spot-trade, safe game, safe money and safe profit.

This is a friendly motivation for all of my crypto users who wants to start a trading journey. If a single person get motivated by me then it will truly make me happy.

That’s really nice, but I guess you had to study it before you started the trading, and I will also recommend to anyone that is considering it now to better have more understanding on what this type of trading is all about before they jump on it.

If you started with 350 dollars and ended up with 500 dollars pure profits that’s a good achievement, and if you can be doing this on a consistent manner then you will be able to get to a stage where you can have more money to trade with and make more than that. Trading is all about long term persistence; it means some week you may book profits and other weeks you may not but at the end of the month, you need to keep your portfolio in profits. Keep moving forward slowly and with plans. Good luck!

[dihari]

The real enemy for all trader is emotion. I am happy for your result. it means you are the winner on controlling your own emotion, especially if you do a futures trading.
I stop doing trading for a while now because few days ago i lost all my deposit money when i did futures trading on kucoin. it's all my fault, i take all order position based solely on intuition just because i win it in the first time. now i understand, we have to have our own rules on trading.
my rules to share is :
1. don't be too confident, the market doesn't move your way
2. never trade on futures (except you can make constant profit on spot trading for months)

[molsewid]

You are a good trader with a good attitude. I am happy for you and more profit for you. The way you share your trading experience shows that you are a patient one and you are really studying the marke . Keep up your good attitude.

His attitude lead him to that place so congratulations OP he did a good job and it makes more disciplined in this whole month , he made a lot of progress and he made a good choice of coin pair as well, btc/usdt shows the best trend this month a lot of news came in our market that makes it more known all over the world, institutional already adapting bitcoin such as tesla and it influence people to invest in bitcoin so that is the reason he made a large gain this month.

[blckhawk]

My $350-$850 journey in 1 month

I don't tell my self as a expert trader. But i am not newbie also. But i can rank me as a average trader. I follow some rules to trade with my money. But last month we saw a huge pump and dump in crypto. From 4th January 2021 i decided to do a test in spot trading on binance. Then i start with $350. In spot trading. After a whole month today i am happy with this result.  I make a profit of $500. Truely this is huge if you are newbie because for newbie future trading is not user friendly. And i have done this trade as a test perpose. So if you are newbie you can start with spot trading.  It is a friendly suggestion for everyone. It is not for expert traders. Because you guys know what you have to do. Newbie guys can take a safe profit with spot trading and learning more for future trading.

Keep safe spot-trade, safe game, safe money and safe profit.

This is a friendly motivation for all of my crypto users who wants to start a trading journey. If a single person get motivated by me then it will truly make me happy.

I am not a signal provider or a trading teacher. I just share my result with you. You please learn your self. And don't believe anyone who says they trade for you and take a percentage from your profit. They can scam with you. Please be aware from this type of scam and make a healthy trading place.

Congratulations on your earnings. I'd say you made a quite decent profit. Well, I believe this is one of the best times to trade, where there is a lot of signals and trend you can ride to in order for you to have a successful trade. Through right entry and good signals will certainly bring profit. I also agree that spot trading would be safer for newbies to take as the risk exposure on this one is not as like futures trade have. Futures require a lot of experience and make sure always updated on the current trend because one mistake could burn all of your capital. And to be honest, sometimes I am having difficulties on this one.

[abel1337]

My $350-$850 journey in 1 month



I don't tell my self as a expert trader. But i am not newbie also. But i can rank me as a average trader. I follow some rules to trade with my money. But last month we saw a huge pump and dump in crypto. From 4th January 2021 i decided to do a test in spot trading on binance. Then i start with $350. In spot trading. After a whole month today i am happy with this result.  I make a profit of $500. Truely this is huge if you are newbie because for newbie future trading is not user friendly. And i have done this trade as a test perpose. So if you are newbie you can start with spot trading.  It is a friendly suggestion for everyone. It is not for expert traders. Because you guys know what you have to do. Newbie guys can take a safe profit with spot trading and learning more for future trading.

Keep safe spot-trade, safe game, safe money and safe profit.

This is a friendly motivation for all of my crypto users who wants to start a trading journey. If a single person get motivated by me then it will truly make me happy.

I am not a signal provider or a trading teacher. I just share my result with you. You please learn your self. And don't believe anyone who says they trade for you and take a percentage from your profit. They can scam with you. Please be aware from this type of scam and make a healthy trading place.

Well played OP, You really did well on trading. It's a good move to trade into spot trading first, There are many newbies who traded into futures and got liquidated and quit trading for the good. I have a friend who chooses trading on futures instead on spot first, I am strongly advising that it would be better and safe on spot trading first but I think he just wants to earn fast profits    btw he's a newbie, I just feel that he is just playing gambling not trading.

I hope that your journey in these upcoming months will be according to your plans.

[gabbie2010]

You started trading well on a good note, earning such a massive profit within a span of days shows that you are a good traser  I hope to see your consistent profits earned in subsequent days ahead your hardwork can serve as a motivation for us particularly traders who wanted to start trading with a small capital, with this result I wish I can also replicate your trading strategy and also make profits accordingly.

[iv4n]

I had a discussion with one close friend the other day... he is in crypto for maybe a year, but he is only active in the last month or two when prices started rising. And he is explaining to me some of his strategies, and I didn't even disagree with him, I just wanted to share easier and maybe more profitable ways, if he continues with the same strategies...
In the end, I had to explain to him that in the last month or two the prices are rising, only fools losing money with trading now! Now it's easy, but this will not last forever... we will see correction eventually, and trading will become harder... I just wanted to explain to him he needs to be prepared for that! Or any other situation!
So trade, have fun while market is high, but put something aside for long, save some stable coin if price drops to have for buying... have some coins for selling if the price continues to rise! Protect yourself from all sides and whatever happens, you will have some plan!

[darthflux]

Congrats mate, not everyone who is new in trading got that kind of profit. Actually, until now I'm still using some trading algorithms for trading like Mudrex. I'm just comfortable using trading algorithms since I'm busy at work. 😅😅

[TheGreatPython]

I make a profit of $500. Truely this is huge if you are newbie because for newbie future trading is not user friendly. And i have done this trade as a test perpose. So if you are newbie you can start with spot trading.  It is a friendly suggestion for everyone. It is not for expert traders. Because you guys know what you have to do. Newbie guys can take a safe profit with spot trading and learning more for future trading.

Keep safe spot-trade, safe game, safe money and safe profit.

Congrats on that, it’s really not easy lol. Trading and making that kind of profit is difficult, that’s about more than twice of what you have invested for trading which is very good. And not be over confident in yourself at this time so that you don’t end investing when you’re making the wrong choice which will eventually lead to your loss. You still have to be thinking everything through before you make any other decision. And it would be really good if you can state more info on your trade, like how you’re able to and the strategy and all that.