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Author Topic: How to earn some profit trading BTC  (Read 709 times)
ThatDevAaron (OP)
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May 12, 2021, 04:58:43 PM
 #1

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
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May 12, 2021, 05:13:30 PM
Merited by hugeblack (4)
 #2

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

To be honest no method works perfectly and when the method involves in earning money then it’s chance became too less.
But yes with proper guidance and wise decisions to choose the good coins, we can easily make profit while trading.
There are many examples set by many users who earns huge amount of money daily just by trading.
I asked few of them, and they said paid signals work for them. But I rarely believe on them.
Yes what we can do is go to twitter and can follow some great trading experts and use their free calls to try our luck.
This will surely help us to earn profits though the profit won’t be very much big.
Willing to hear other people’s opinion on this.

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May 12, 2021, 07:33:29 PM
 #3

Thanks for making a video about a topic which might be helpful for beginners. But i always try to say everyone what i think you Should mention too and that is learning is better than following. Look if someone follows your strategy and make a lose then he might definitely blame you but in a proof you already shows that strategy work perfect for you and you made profit. But there is no gurantee that if a strategy work for you then that also ork for others. So always tell them before entering into trading sector please learn first then enter into trading do your own reasearch take your own risk. Then you might be safe from blame. Thank you
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May 13, 2021, 04:27:26 AM
 #4

That's what i'm doing mate and its very useful to determine if the coin is over bought or over sold and infact even in some exchanges as well you can use it such binance and latoken and its too easy..

And also sometimes if you use it in some alts it didn't work well but if you use another indicator such Stochastic, if you combine both at the same time it will really show you what's the real situation of the growth rate wherein if it's really going down or going up...
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May 13, 2021, 08:28:26 AM
 #5

We have different trading styles. What indicators have you used? Seems I cant see the name of your indicators in the video.

Also, stop loss should not be forget to incorporate everytime you enter your trade. Like today that market crashed unexpectedly again and if ever you did a buy entry then you'll be deficit and will be liquidated. Anyway, appreciate the video. There are some ideas that Ive learned after watching it.
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May 13, 2021, 08:33:22 AM
 #6

I just follow the signals and never put really big amount for trading so I didn't loose much

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May 13, 2021, 01:21:22 PM
 #7

We have different trading styles. What indicators have you used? Seems I cant see the name of your indicators in the video.

Also, stop loss should not be forget to incorporate everytime you enter your trade. Like today that market crashed unexpectedly again and if ever you did a buy entry then you'll be deficit and will be liquidated. Anyway, appreciate the video. There are some ideas that Ive learned after watching it.
the thing to remember is that indicators do give us signals for trading, but we also have to understand the weaknesses of these indicators. because not all signals given by the indicator will always be correct. I am talking about this for all indicators, all of which have their respective strengths and weaknesses. therefore we must always increase trading activity to be more experienced
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May 13, 2021, 01:52:07 PM
 #8

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
Don't look into shortcuts coz you are just wasting your time searching for it because the honest thing is that, it never exists.
Don't get fooled by what you have seen on YT, they are more scripted than the real scenario. But instead, why having some good times learning to trade in a natural way because the result is great and you will never feel regret about it.

Many people do stupid things and that makes them failed. Keep in mind that there is no easy money in trading, we all have to face difficulties before we reach our goal.
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May 13, 2021, 02:07:31 PM
 #9

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

You deserve a thanks for giving the efforts to make this video tutorial for the traders. Smiley

I watched the video first some minutes, will take a look there in free time.

As I understand you have talked about some technical analysis and use of indicators. But the Reality is maybe these Analysis and use of indicators sometime help to get some little profit, but in todays markets news is really important. And I have to admit that todays market are running according to news. For example today, Elon musk just twitted that bitcoin is suspended to buy Tesla as a payment method. And the btc price down approx 20%.

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May 13, 2021, 03:02:47 PM
 #10

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

I thank you for taking time out of your busy schedule to make this video. It would be especially useful for beginners who are looking to learn in quickest way possible.
I, however, believe that there is no perfect strategy to making profit trading. While your strategy might work, I'm sure it won't work 100% of the time. Everyone needs to find their own strategy, the one that works best for them.
I also believe that learning is better than following. One of the ways to always make profits is to keep learning and not stick with just one strategy.

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May 13, 2021, 03:11:38 PM
 #11

I recorded this video to showcase the best, most simple method for earning some quick profit whilest trading BTC.
It would be helpful if you come up with explaining your methodology on making quick profits in bitcoin trading. Because, not everyone is able to watch video tutorial while using this forum like I am accessing this forum from my office computer where youtube is restricted to access.

Moreover I'm familiar with few methodologies/strategies for making quick profits in bitcoin trading but they are all not frequently available. I need to be continuously watching bitcoin market screens so that I will find out such opportunity once in a week or in worse case once in a month. So, I'm not at all bothering such a method these days.

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May 13, 2021, 10:28:21 PM
 #12

Well it's obvious not everyone uses same pattern in trading, almost every body got their own pattern, for example we got some traders who are swing  traders and some which are scalp traders, most people chooses to trade long term while some people chooses to trade short term, so the market is just filled with differences, you know most times using strategy and it works continuously always be cautious because no strategy is perfect, market could move In an opposite direction which can cause so much damage, so among all strategies risk management is key.

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May 14, 2021, 03:31:26 AM
 #13

The results of our trading lies on our hands. Watching tutorials in YouTube just like you did is a big help for the beginners but it wasn't all the time that the situation similar to that and we can never had to copy everything what we have see on the tutorials. In that case, we have to start making our decision not relying to others and that is become a challenge especially when you only have limited knowledge about trading. This makes sense that we need to prepare ourselves before trading, we don't be confident that what we saw in YouTube is enough for us to win coz the truth is that it is still too far.

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May 14, 2021, 04:03:57 AM
 #14

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

I liked your video and even your approach to the way you see the market, but how do you do when it comes to market fundamentals? like Elon Musk's, like Binance's that are investigating it, how do you manage these events within your analysis? Because it is well understood that when a news hit the market falls, you also make bearish predictions? I mean, do you trade with shorts?

Most analysts always seek to give bullish-style advice, very few are those who bet on giving advice in both directions .... In the event that you give advice and the market does the opposite, how could you handle it?

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May 14, 2021, 07:04:08 AM
 #15

To anyone not wanting to click the Youtube link, it is simply trading tutorial in ByBit.
I had never traded in that platform, mostly I did only in Binance and EtherDelta back in the days but those were bad experiences as a newbie because I was still learning the ropes.

@OP please specify in the thread the specific exchange that you're plugging in from the video.
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May 14, 2021, 09:11:38 AM
 #16

To anyone not wanting to click the Youtube link, it is simply trading tutorial in ByBit.
I had never traded in that platform, mostly I did only in Binance and EtherDelta back in the days but those were bad experiences as a newbie because I was still learning the ropes.

@OP please specify in the thread the specific exchange that you're plugging in from the video.
Thank you for the TLDR, I don't feel like clicking on the link so I was looking for something. Also OP you should share the trading strategy here and not just give away an external link that has a low chance that everyone is going to click it. I don't trade yet but maybe if I have a complete computer rig and stable Internet maybe I will try do gain experience trading.
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May 14, 2021, 09:18:22 AM
 #17

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

I have watched your video titled How to make Profit from Trading Bitcoin using ByBit (For Beginners and Pros). I don't like it personally becasue you are asking people to do leverage trading to make money. Do you know that newbies loses more money in leverage trading ?
I would rather suggest everyone to stick with the spot trading as futures trading is very risky.









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May 14, 2021, 09:44:05 AM
 #18

Use Bybit will probably lead people to use Leverage trades that I don't recommend for newbies. To get experience in Leverage trades, especially in crypto market, you must pay learning and practical cost, with loses.

The market in this year is beautiful for holders and I don't see reasons to gamble with leverage trades. Especially NO if you are not an experienced leverage trader.

For newbies, the more you trades, the more loses you will have. If newbies want to trade, trade in weekly or monthly basis. Use 1 week (1W) chart to trade.

Not my financial advice and it is not true completely but you can consider your entry or exit if Bitcoin makes a streak.

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molsewid
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May 14, 2021, 09:53:33 AM
 #19

The results of our trading lies on our hands. Watching tutorials in YouTube just like you did is a big help for the beginners but it wasn't all the time that the situation similar to that and we can never had to copy everything what we have see on the tutorials. In that case, we have to start making our decision not relying to others and that is become a challenge especially when you only have limited knowledge about trading. This makes sense that we need to prepare ourselves before trading, we don't be confident that what we saw in YouTube is enough for us to win coz the truth is that it is still too far.
Based on my personal experience of using youtube it's really help actually in everything. It's like a google where you can search everything but in a video way you will get the answer. And I agree with you that we can apply it in all the situation. Experiences is the best teacher. Sometimes there are things that we need to experience for us to learn. For example, when searching how to bake and the recipe. We need to do it for us to apply how it actually work. And baking needs a lot of trying before we master and can bake perfectly. I think it's like for trading. We learn from youtube but we need to experience in our own for us to learn more.
fahmimajannat
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May 25, 2021, 06:10:45 PM
 #20

The simple you can do is buy in dips and sell at a high price.
So first analyse the market. Learn to draw support and resistance line. So that you can buy in low and sell at high

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