How to earn some profit trading BTC

[slaman29]

So are people still using ByBit?     

In any way, you are really pushing it to introduce "newbies" to Leverage trading and I will never recommend "newbies" to start with that type of trading. I will much rather introduce "newbies" to Spot trading, where they will get immediate delivery and where they can trade with lower risk. (debt trading can be a killer) 

In any way, your strategy will be best suited to a more experience Spot trader, than wants to dip his toes into something new and with a slightly higher risk. 

I still see their ads a LOT on Etherscan so yeah I guess people still are using this. I mean, if they can afford to pay the huge PPC campaigns on that platform, and also on CMC I believe there are running campaigns there, then I suppose they must be able to still attract a lot of n00bs to the platform.

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[Zilon]

We can't vouch that a trading strategy would produce a 100% profit but a good strategy should give you more profits than losses. For Btc which could be considered as a range market for now I feel trading the most support and resistance setup would possible make a trader smile at his or her wallet daily. For me strategies that has good price action setup has the potential to make you successful as a trader.

[SquallLeonhart]

I recorded this video to showcase the best, most simple method for earning some quick profit whilest trading BTC.

https://www.youtube.com/watch?v=UgdJVz3ZTmE

There is no "method" to do that, there is really nothing that is set in stone that would make you rich somehow. There are people who made tens of millions of dollars from trading and yet sometimes even they are wrong. Which means the only way to make a profit from trading is to get lucky. Obviously that is not the only thing that contributes but without that you are going to lose money, everything else is as important to reach there, so you need to be ready to get lucky.

This means you need to know TA, you need to know all those indicators and chart reading and even news reading but without them you can still make money if you are lucky, there are idiots out there who made enough money to buy a house from "lol DOGE ehehehehe" and there are super wise traders who lost money. This is not the norm of course, the norm is you need to know all those important stuff AND get lucky, that is the real way.

[carlisle1]

We can't vouch that a trading strategy would produce a 100% profit but a good strategy should give you more profits than losses.

That should how things needs to work, with good trading strategy, you are increasing your chance of earning from this market.

For Btc which could be considered as a range market for now I feel trading the most support and resistance setup would possible make a trader smile at his or her wallet daily.

Volatile but if you follow the right trend the chance to continue getting profits from rinsing the market still high.

For me strategies that has good price action setup has the potential to make you successful as a trader.

As long as you build good patterns and you have the patience to wait, you are good to go.

[Coin_trader]

We can't vouch that a trading strategy would produce a 100% profit but a good strategy should give you more profits than losses. For Btc which could be considered as a range market for now I feel trading the most support and resistance setup would possible make a trader smile at his or her wallet daily. For me strategies that has good price action setup has the potential to make you successful as a trader.

Its a double edge sword strategy actually. If you are pertaining on trading coins with high ATR. Your can suffer great loss if your position is in opposite direction of the trend especially if the support/resistance break while you have position setup against it. But still it's the best strategy to benefit the most on this volatile market. High risk High reward move to be exact.

[Golftech]

We can't vouch that a trading strategy would produce a 100% profit but a good strategy should give you more profits than losses. For Btc which could be considered as a range market for now I feel trading the most support and resistance setup would possible make a trader smile at his or her wallet daily. For me strategies that has good price action setup has the potential to make you successful as a trader.

Its a double edge sword strategy actually. If you are pertaining on trading coins with high ATR. Your can suffer great loss if your position is in opposite direction of the trend especially if the support/resistance break while you have position setup against it. But still it's the best strategy to benefit the most on this volatile market. High risk High reward move to be exact.

Indeed, with high risk  if your position succeed then you'll be compensated with much decent amount,

while if the market turned against you, the outcome is much faster than you'll imagine, what's best

is you fully understand what you are doing and you are more willing to handle all the risk that it takes.

[joburgtaxi]

profit from trading btc and here I start to doubt

[ethereumhunter]

In the cryptocurrency market, news about crypto seems to hypnotize traders to make the same movement. therefore we are looking for support to buy and take a little profit. indeed this seems easy, but if we practice, of course it is not that easy. therefore experience in trading is needed

It is good to use the news for your own benefits because that can allow you to make a profit. Sometimes, when the news comes out, people can panic, which is your chance to know what is behind on the news. Yes, it is not easy, but with practice and always analysis before decide, you will see a good chance to get it. Do not forget to leave the market after getting your profit because you can not make another profit when the news is over. So knowing when to decide and act will be important to yourself.

[bitzizzix]

In the cryptocurrency market, news about crypto seems to hypnotize traders to make the same movement. therefore we are looking for support to buy and take a little profit. indeed this seems easy, but if we practice, of course it is not that easy. therefore experience in trading is needed

It is good to use the news for your own benefits because that can allow you to make a profit. Sometimes, when the news comes out, people can panic, which is your chance to know what is behind on the news. Yes, it is not easy, but with practice and always analysis before decide, you will see a good chance to get it. Do not forget to leave the market after getting your profit because you can not make another profit when the news is over. So knowing when to decide and act will be important to yourself.

News will only bring small profits for those who are really experts in taking advantage of bitcoin movements which only move slightly up and then down again and so on.
And besides having to keep control of market movements at all times so as not to miss the right time to make sales, this is not an easy thing and you must really have a reliable ability to stay profitable.

[ethereumhunter]

In the cryptocurrency market, news about crypto seems to hypnotize traders to make the same movement. therefore we are looking for support to buy and take a little profit. indeed this seems easy, but if we practice, of course it is not that easy. therefore experience in trading is needed

It is good to use the news for your own benefits because that can allow you to make a profit. Sometimes, when the news comes out, people can panic, which is your chance to know what is behind on the news. Yes, it is not easy, but with practice and always analysis before decide, you will see a good chance to get it. Do not forget to leave the market after getting your profit because you can not make another profit when the news is over. So knowing when to decide and act will be important to yourself.

News will only bring small profits for those who are really experts in taking advantage of bitcoin movements which only move slightly up and then down again and so on.
And besides having to keep control of market movements at all times so as not to miss the right time to make sales, this is not an easy thing and you must really have a reliable ability to stay profitable.

As long as you can calm down in any situation and not panic, you will see your chance. Many people react fast to the news, and many panics because they do not want to be late. Bitcoin movements will always be like that and you only need to follow the moves to see your chance. Setting the alarm will help you know the time to do something, but if you think that the market moves not too good, you can wait for a while and still analyze to see the next move.

[judaspriest]

In the cryptocurrency market, news about crypto seems to hypnotize traders to make the same movement. therefore we are looking for support to buy and take a little profit. indeed this seems easy, but if we practice, of course it is not that easy. therefore experience in trading is needed

It is good to use the news for your own benefits because that can allow you to make a profit. Sometimes, when the news comes out, people can panic, which is your chance to know what is behind on the news. Yes, it is not easy, but with practice and always analysis before decide, you will see a good chance to get it. Do not forget to leave the market after getting your profit because you can not make another profit when the news is over. So knowing when to decide and act will be important to yourself.

News will only bring small profits for those who are really experts in taking advantage of bitcoin movements which only move slightly up and then down again and so on.
And besides having to keep control of market movements at all times so as not to miss the right time to make sales, this is not an easy thing and you must really have a reliable ability to stay profitable.

To be able to generate large profits we really have to be able to read or analyze market movements,
it's certainly not as easy as we imagine and we must learn to be able to analyze the market,
one must realize that the cryptocurrency market is very volatile so it is not an easy thing to analyze it

[Distinctin]

In the cryptocurrency market, news about crypto seems to hypnotize traders to make the same movement. therefore we are looking for support to buy and take a little profit. indeed this seems easy, but if we practice, of course it is not that easy. therefore experience in trading is needed

It is good to use the news for your own benefits because that can allow you to make a profit. Sometimes, when the news comes out, people can panic, which is your chance to know what is behind on the news. Yes, it is not easy, but with practice and always analysis before decide, you will see a good chance to get it. Do not forget to leave the market after getting your profit because you can not make another profit when the news is over. So knowing when to decide and act will be important to yourself.

News will only bring small profits for those who are really experts in taking advantage of bitcoin movements which only move slightly up and then down again and so on.
And besides having to keep control of market movements at all times so as not to miss the right time to make sales, this is not an easy thing and you must really have a reliable ability to stay profitable.

As long as you can calm down in any situation and not panic, you will see your chance. Many people react fast to the news, and many panics because they do not want to be late. Bitcoin movements will always be like that and you only need to follow the moves to see your chance. Setting the alarm will help you know the time to do something, but if you think that the market moves not too good, you can wait for a while and still analyze to see the next move.

FOMO mostly happens to the people who never think about what they are doing but just jump the boat knowing nothing. A lot of people like this and this makes the market so volatile. They started to become panic because they were very stressed seeing the market declining. That certainly how it feels and most especially when we just rely on this. As long this kind of behavior won't never change, this will be going to happen again and again.

[DoublerHunter]

I recorded this video to showcase the best, most simple method for earning some quick profit whilest trading BTC.

https://www.youtube.com/watch?v=UgdJVz3ZTmE

There is no "method" to do that, there is really nothing that is set in stone that would make you rich somehow. There are people who made tens of millions of dollars from trading and yet sometimes even they are wrong. Which means the only way to make a profit from trading is to get lucky. Obviously that is not the only thing that contributes but without that you are going to lose money, everything else is as important to reach there, so you need to be ready to get lucky.

This means you need to know TA, you need to know all those indicators and chart reading and even news reading but without them you can still make money if you are lucky, there are idiots out there who made enough money to buy a house from "lol DOGE ehehehehe" and there are super wise traders who lost money. This is not the norm of course, the norm is you need to know all those important stuff AND get lucky, that is the real way.

^ Definitely right, there is no method that accurately gains profit in trading using BTC, it always has volatile price and you don't know which the price will be moving ahead. But sometimes it will increase the chances of making a profit knowing technical and fundamental analysis, even those indicators will help too to boost the potential that you will earn profit. But as I said, there is no one of them will give an accurate result. It could be changed in the next result and you will use another strategy or method as you have said.

[Ziskinberg]

I figure you Should make reference to as well and that is learning is superior to following. Look assuming somebody follows your methodology and make a lose, he may fault you yet in a proof you as of now shows that system turn out ideal for you and you made benefit. I'm discussing this for all markers, all of which have their particular qualities and shortcomings.

Supposedly it was not our instinct to blame the person whom we followed because we fail because in the first place, we have given time to analyze if that worth trying or not, and that particular person never forces you to follow him, he just only gives some insights and it's up to you if you try. That was the point.

And for some reason is that the market situation changing, his strategy might be effective in that particular scenario but not sure if it works on the others. That is one factor why we should stop following other strategies but rather have our own and also there is nothing to blame aside from ourselves. 

[martina14]

I recorded this video to showcase the best, most simple method for earning some quick profit whilest trading BTC.

https://www.youtube.com/watch?v=UgdJVz3ZTmE

If you wanna know the best thing to earn Bitcoin, I would prefer and suggest you to trade altcoins but of course before you do it, make your own research about the alts you like to buy first. Then, when you find out it is legit and has a good potentials that's the time you need to decide and most of the time top alts in the market is the best choice to buy dude.

[LUCKMCFLY]

A lot of traders become unconscious because of so many trading strategies we found online, and they insisted that it really works on their side but how about our side. It found to be different depending on the market status and most likely, it won't work all the time as this promoter has said.

You are right, in fact, the strategy of buy low, make Hodl and sell high is the best, what happens is that this strategy is usually quite difficult to apply when there is a lot of FUD, you would be entering an investment field and The trader or Investor must have enough conviction not to sell, and to know how to wait, this is usually quite difficult, because money hurts a lot, and when he realizes that he is losing, what he naturally does is not to allow himself to lose all the money and sell , and that is where the psychological issue of controlling emotions comes in, it is somewhat complicated, as humans we always have errors that are difficult to correct.

[LUCKMCFLY]

Particularly one of the ways to earn with BTC is by trading, many are dedicated to scalping, others simply put a position in LONG and the other defend it with a leveraged SHORT, this is a practice that comes from the 1800s, Jesse Livermore applied it, currently very few traders do it because it gives good results only when very high amounts are handled, it is similar to scalping.

The advantage of this strategy is that it is always in the market, if on the one hand it loses on the other it is recovering and there is the possibility that it will come out with a positive balance, although the strategy is very risky, many traders dedicate themselves to this practice.

Jesse Livermore broke one of his rules - not to exceed the permissible risk, which resulted in not only a complete loss of his funds, but also pushed him to suicide. Despite the trading rules he developed, he still remains a loser for many, and for this reason, few traders use such trading tactics.

Of course, he was a human being, like every human being made mistakes, but it should be noted that on many occasions he knew how to attack some strong market scenarios, what I was pleased to know about Jesse Livermore and his books is that he was very transparent in his operations and who was not ashamed to say when he had the big losses, when compared with any trader, influencer or any other, they do not say or accept when they have losses, they only show their triumphs, which in fact do not have demonstrations of their balance in the account based on their own analysis. In my case, his teachings have served me a lot, so much so that I see trading differently, I see it more as a business.

[tvplus006]

...In my case, his teachings have served me a lot, so much so that I see trading differently, I see it more as a business.

Livermore  left for us the trading rules he developed, which are still relevant for traders. It is very important that you do not make the main mistake of Jesse Livermore in your trading, when he put all his money on one trade. Therefore, we have a very good chance not to repeat his mistakes, and to adhere to the rules of trading developed by him.

[GelatikKembar]

I recorded this video to showcase the best, most simple method for earning some quick profit whilest trading BTC.

https://www.youtube.com/watch?v=UgdJVz3ZTmE

If you wanna know the best thing to earn Bitcoin, I would prefer and suggest you to trade altcoins but of course before you do it, make your own research about the alts you like to buy first. Then, when you find out it is legit and has a good potentials that's the time you need to decide and most of the time top alts in the market is the best choice to buy dude.

Trading in altcoins I think it's a good suggestion,
doing research on coins is certainly not an easy thing but if we try it definitely can,
at least we can also look for references on coinmarketcap and the top 10 coins are a good choice but anyway it goes back to their respective research

[uneps]

In trading a coin don't just focus on signals.  We also have to be able to know the technical and fundamentals and the coin community.  If a coin's fundamentals and community are strong then it is likely that the coin will develop better.  But not everything we want is not what we want.  So from that point of view we can have patience in trading a coin.  If we are enthusiastic about trading, we will most likely lose.