Topic: 4н (Read 282 times)

The marathon started as soon as it ended, literally the next day

First, my laptop burned down, on which I was going to trade:



Then the service for accounting statistics was disabled:



Now it’s not up to the marathon, I will try to save data on the SSD, because it refuses to work. Sorry to all those who were waiting for the first results.

Well, the marathon can be considered open. For convenience, I updated the data so that the statistics do not take into account one day of January. Thanks to everyone who left comments here.

I will be watching this thread with great interest.

@Ratimov
I hope you can share your perspectives and insights every week (whether it is a win or a loss). Your step-by-step approach in every trading decision  you've made within the week (like a trader's log book or diary) so that we can learn from it as you progress. Wishing you all the best!

I am already experienced in public marathons, so I can say for sure that this will not hurt in any way, especially since I am not limited in time. 48 weeks is a decent amount of time to calmly make decisions with minimal risk. Now, if there was some unrealistic goal, something like: 1 BTC for $10 in 3 months, then such a framework would psychologically force you to rush and enter the market in order to be in the market. Because it is necessary, the deadline is approaching.

In my case, the initial deposit and a long distance, in addition to a ready-made strategy, will help to avoid this. Public deals are bad for those who aren't sure what they're doing.

With a similar initial risk, I expect to make 3-5 trades on average every day. On average, my trading week at a similar risk brings 15-25%. But this is if we consider all weeks successful. But it doesn’t happen either, so I take into account possible drawdowns of the deposit or some kind of interruptions in trading. If you do not take into account all this, then according to calculations, 1 bitcoin could be received in 20 weeks. But it’s wrong to count by the very minimum, since you can’t do without negative transactions in trading, so I calculated by the maximum. 42-46 weeks should be enough.

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But 15-25% per week turned out to be a full-time working day on the stock exchange. If you perceive all this as work, but since I will not pay so much attention to the exchange in order to sit there 12-14 hours a day, then with a different regime, I plan 7-10% per week.

No, I am not a professional trader, I am a retail trader. Professional traders are more like market makers than speculators. And their primary task is to preserve capital, not to increase it. I wrote more about the differences between professional traders and retail traders here: [GUIDE] Who are Professional Traders?


That's why I don't post details of my trades. Repeating other people's strategies is most often a waste of time and money, you do not learn anything, but simply repeat actions that you cannot explain to yourself for what reason you need to buy or sell here.

I also wrote about this in detail here: Why is it a waste of time and money to buy ready-made trading strategies?

Wow I’m impressed with the way you are approaching this one.

If you are professional trader and you have that gut confidence then I’m sure everyone here is going to see some cool numbers in your thread. I’m sure if you are saying that it can be done in bear and bull also then that would be rather quicker than we think.

So if it’s gonna be BTC 1 then surely I’m assuming a number $37k (average at current up and down).

Anyone copying you daily can also make same amount of money; like those on eToro. Cool. Best luck mate.

It will be bitcoin and only bitcoin. I don’t see the point in talking in detail about transactions, trading methods, because this is not a teaching thread on how to trade correctly. I think this is not particularly interesting for most, especially since the strategy will be based on scalping. Most people are interested in the end result.

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Any user can delete posts if they have created a self-moderated topic. I accept criticism if it is justified, as for example above there were some questions that users wanted to know. And your aggression about the data from the card and so on is an ordinary flood, which has nothing to do with the topic. Any flood is removed, everything is simple.

If there is something to say specifically on the topic, I will be glad to listen, and any value judgments about adequacy, who will scare whom and other nonsense is not interesting to read.

It's a bit strange that my hard message was deleted after 5 minutes. The organizer of this topic is either familiar with the moderator, or is a moderator himself. Most people increased their small capital by 30 times. Only an even greater number of people received a complete zero out of 1 bitcoin. Unsubstantiated reports can be invented. Are there still people left? who believe in meaningless lies?

No, this is just a continuation of the path. We are talking about the initial amount, which appeared due to the simple time spent, and not the scheme: invest a little money - to get more money. Let's take an example: I came to the forum with an empty wallet, spent my time and received 0.035 BTC, then transferred them to another investment. Are you saying that now I start again at 0.035? Of course not, because this is a continuation of investing from scratch.

How do you imagine earning from scratch? For example, you have nothing but time. You spent time and received 0.1 BTC in investment 1, realizing that you can’t stagnate in one place, you invest the earned 0.1 BTC in investment 2. Now you will assert that the initial investment is not 0, but 0.1 BTC ? No, the initial investment is still 0 and 0.1 BTC is earnings. So, when I came to the forum, my initial investment in this place was 0 BTC, I spent time and earned 0.035 BTC, now I shift my profit to another place and continue to earn further. What initial investment of 0.035 BTC are you talking about?

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Thanks, I've corrected the thread title.

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Before voicing the conditions here, I thought carefully about the initial investment figures, terms and risks. And since I am not new to trading and already have a fully prepared low-risk strategy, then with my conditions, regardless of the market direction, whether it is a bear or a bull market, it can really be done in 9-10 months. I'm not saying it's easy, but it's real.

If I had recently registered on the forum and decided to state this, then it would probably look a little naive to conquer such a goal.

Wow this is something out of the box. I am not sure but I have read someone trying to achieve same goal on the forum however they are still continuing do the same. Your is different, for example you wanna reach BTC 1 as final result.

I find it extremely difficult to achieve with trading alone. Since trading gives you profit but on the other hand it will also suck something from your side. It’s not impossible but it’s gonna be way time consuming for sure.

I think you should add different earnings from your online income sources (apart from real job Salary) and contribute as whole into your pot.

This will surely expedite your goal timeline. That’s personal opinion.

Good luck and will be watching this thread.

Indeed, he probably should have been writing 'earning 1 BTC without initial fiat investment'.
But I don't agree with @pressing207 overly harsh tone.
And yes, it's about trading. We are in Trading Discussions, so what were you expecting?

Clearly, one cannot obtain "something from nothing". The title is a bit like what we see in the newspapers, i.e. somewhat misleading. I do agree with you on that. I've also seen worse too.
However, imho there are many that will agree with OP view that it was "not an investment", since many will easily see the funds received as payment for bounties and signature campaigns as a prize, rather than an income.

And I expect the experiment be interesting, since it's done on long period of time. Maybe a 4-year cycle could be even more interesting, but let's see first how the first year goes.
Unfortunately it will be interesting mostly as overall statistics, since, from what I've seen from other similar topics, OP (actually understandable!) will not also share in-depth trading secrets.

How are you moving towards your goal in 1BTC? I am sure that I am not the only one who would like to get acquainted with your achievements during the first working week of February 1-6. I hope that you opened a long position in time, which allowed you to get a good profit.

Everything is possible on the crypto market, including increasing your deposit by 30 times, thanks to just one successful dealing. But it is very difficult to conduct public trading, having previously set a goal to increase your capital to 1 BTC. Therefore, I believe that this publicity will constrain you when making the right decision, which will negatively affect the result. Nevertheless, I will keep an eye on your marathon.

Based on some quick calcs, it looks like you'll be trying to average 7% a week compounded. Do you know how many trades you normally average to get there? (the 1-2% risk is a good place to start from though).

I hope you've fully tested your strategy though. In crypto and possibly the markets in general, things that you don't think will ever happen often do after a while...

Would be more interesting if you'll be giving us a step by step guide on what you'll be doing the trading, coins you'll be buying or strategy you'll using etc to achieve this goal. If I'm not mistaking, their goal will be achieved by just trading right? And if yes will it be just Bitcoin trading or altcoins be included as well and will the trading be limited to just spot trading or other types will be leverage on.

There's no goal to big to achieved, people have started similar experience in the past which some achieved and other didn't but very positive you can, seen how determined you've been in other works like your contributions on the forum. You stated with an empty wallet and now have something to hold on to, just hope you don't lose it all you know the market is very unpredictable. Good luck and waiting to see how the experiment goes.

I have understood it now. Let us hope it works as planned.

Maybe I am not getting something rightly? As the topic title implied, 'earning 1 BTC without initial investment', are the BTC gotten from the campaign you are now not an initial investment? It depends on what we termed as initial investment. In my opinion, that 0.035 BTC is an initial investment.

From 0.035 BTC to 1 BTC? That is very possible, but not possible for most people, it can be as a result of experience and chances all together. People that made such huge profit in the past are holders that started early when the price of bitcoin was very volatile.

Maybe I am wrong but I think this is basically about trading? Traders are so patient, they do not go more towards the profit but towards how to reduce losses and have a net gain.

This is not a correction but my opinion. I would be following your weekly and monthly report. But even if it is positive for you, others should still be very careful about trading.

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