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Author Topic: I discovered and good way to make relaxed ways constant profits  (Read 260 times)
Stepstowealth
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December 10, 2024, 12:03:27 PM
 #21

It works like money printer and now it's paying all my food and daily expenses money for me it's like getting this for free allmost.
It is working now, the concern will be if it will keep working because it may not be a sustainable approach towards making money. While it is working and you are making profit, you should try to maybe just invest directly into the market, or invest in learning to trade. Those approach look more stable to me in terms of trying to make profit. If you are investing in trading, the investment should be investment in knowledge, not you trying to trade the live market with the profits you are making from this your strategy without any sufficient trading knowledge, you will loose.

Mrbuck (OP)
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December 10, 2024, 12:18:30 PM
Last edit: May 06, 2025, 04:02:55 PM by mprep
 #22

You know, this really works at the moment especially if the market is in a positive condition. But if the market turns into bearish and those altcoins you’ve mentioned will be heavily affected, that’s where you will struggle if you stick to this method.

While this can be profitable at times, but having this method has certainly its disadvantages. Since you sell every time there is price increase, you are missing opportunities for bigger gains, which could only be done if you hold your coins longer and only sell when a new all time high is achieved. Also, because you are consistent with buying and selling, if you sum up all your transaction fees, obviously you spend a lot. If you compute your profits minus the transaction fees, you will realized that you are only making small amount. Averaging is okay, but observe caution in selecting your coins, so that you won’t waste your time and money in the long run.


So what's the problem ? I have total amount for this trading method over 5000$ and i don't go over 30$ of each coin i buying and even it can go for bear market at some point the market will go up again even just little i sell immediately when i see Green day and my USDC and USDT increasing and i can keep buying over and over again....i have time If market falling i'll just waiting.
But look even in the full bear market the market will be volatile and that's perfect for me.
Now Im just keep buying like today i'll just buying and buying with 10$-30$ each coin i'll buy until i see coins going up or some coin going up more then i sell right to way and i keep buying again and again.
If that's not money printer then what it is ? It works exacly the way i need it.
Im buying morning and evening everyday each coin with 10$-30$ until i see market goes up or some coin goes higher then others then i just sell right to way it's fool proof and i love it Smiley



This is called averaging. It is a common strategy among some traders. You start with low amount of money, continue to buy if the market is not favouring you to make the market price of the coin closer to the price that your PnL will become positive again. It is a good strategy but you should be careful of it. If you are only buying good coins like bitcoin, that is better. But you should be careful of bear market.

Yep. With BTC and other big coins, volatility won't be such an issue, but the PNL won't be that good, too.
And I think for OP it would be best to keep a good track and not lose it due to the coin being rubbish in the long run.


I did not Open this topic anyone try to teach me or having the doubts that my method don't work.
I opened this topic only for the reason that easy method works for me and i really have constant results of this.


[moderator's note: consecutive posts merged]
tvplus006
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December 10, 2024, 01:15:27 PM
 #23

OP wants to make all the people who read his/her post to make a presumption that,

- "Trading" is easy
- He/she is a good "trader"

I remember my first bull run well, when in order to make a profit it was necessary to buy any coin and sell it the next day. And then it seemed to me, just like OP is now, that there is nothing easier than trading cryptocurrency)

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michellee
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December 10, 2024, 03:47:28 PM
 #24

I did not Open this topic anyone try to teach me or having the doubts that my method don't work.
I opened this topic only for the reason that easy method works for me and i really have constant results of this.
Congratulations if your strategy works best for you. Others may not have a chance to follow you because they will search for other ways. Buying in every dip will be okay but you need more capital that you prepare so your can run your plan. Not many people can do that as many people have limited money to buy Bitcoin. So they will try to use DCA method for a week or month to buy and not buy in every dip in price.
lixer
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December 10, 2024, 06:08:10 PM
 #25

Trading is an art just like any other.
And much effort is needed for it.
And I do agree - that strat would pull you through in the bull market mostly, but not afterward.
I think anything can be an art as long as you are passionate about it or you put a really good effort into it, that the outcome is also very good. Those art that we see that only looks very simple (literally) is not a true art and the people who created those have no rights to call their selves an artist. An art is usually a hobby but a trading can be a livelihood. So it is a must to put more effort on it, in order for us to increase our chance of earning a profit.

If only the market has one side (preferably bull run) things would have been easy for us but sadly that wasn't how things work. Just like in the real world/life, we must also experience a down side or down times sometimes. The other side must still have its own benefit but it is just that we mostly don't see it. Like for example here in the crypto market, we can use the bear market to buy more coins cheaply and more importantly bear market happens at definite time frame.
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December 10, 2024, 07:31:24 PM
 #26

That's how:
I buy just daily with 10$-30$ btc sol eth xrp tron ada xlm and link and ltc
When something falls down i'll buy more If something goes up quite much i'll just sell all and keep buying back.
My total amount is few thousends so all i do is just i keep buying each coin daily 2 times per day morning and evening usually with 10$ per buy order and i just keep buying and buying until some or all coins make good profit or atleast some bigger then i sell some or keep some and i'll keep buying again and again my USDC and USDT growing Nice that's perfect method.

It works like money printer and now it's paying all my food and daily expenses money for me it's like getting this for free allmost.
This is not detailed enough to even be called a strategy, you are buying blindly hoping that things go in your favor, and so far it has happened, but it wont be long until it does not and that is when you will be in huge trouble, since you are depending on that money to pay for your expenses, and when that money dries out you will get desperate, make a bad move and most likely you will lose all your money at that point.
Dr.Bitcoin_Strange
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December 11, 2024, 08:07:01 AM
 #27

Yeah, this is not a secret strategy at all and many people uses it because it has low risk compare to other types of trading. If you are using this strategy, the advantage is that even when the price of the asset drops, there likely the possibility it will go up again and you have not lose your capital unless you sell at a lesser price that you bought. If you are using this strategy, better to buy high value coins like BTC which you are sure that the price will always bounce back.

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Fara Chan
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December 11, 2024, 12:14:36 PM
 #28

I did not Open this topic anyone try to teach me or having the doubts that my method don't work.
I opened this topic only for the reason that easy method works for me and i really have constant results of this.
In general, it's okay to open a topic like this, especially if you yourself have a reason that the method has worked very well for yourself. But in any case, everyone must also understand the advice from others which is not to teach, but it is just a suggestion that you can accept or not. Because everyone initially has their own thoughts in implementing a certain method so they will not immediately accept other people's methods if their own method is still good enough.
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December 11, 2024, 06:09:41 PM
 #29

My total amount is few thousends so all i do is just i keep buying each coin daily 2 times per day morning and evening usually with 10$ per buy order and i just keep buying and buying until some or all coins make good profit or atleast some bigger then i sell some or keep some and i'll keep buying again and again my USDC and USDT growing Nice that's perfect method.

It works like money printer and now it's paying all my food and daily expenses money for me it's like getting this for free allmost.
If this works for you, keep doing it. There are two possible outcomes, either you are right and you will make more money, or you are wrong and everyone else is right and you won't do it anymore. In both cases the market wins, so there is nothing wrong with keep trying this method.

I like doing DCA for example, but does that mean I make money everyday, of course not and that's fine, there is nothing wrong with that and I believe there isn't really any return on this at all, I just do it because I like it and I make some money but there are people who support that and against that as well, I am not really shocked about it and I am pretty glad to do it myself. That's the important thing, be happy with what you have.

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