options trading is diference margin trading
option trading same this gamble, example site is secondtrade so same very high risk in gamble very dificult can get constant profit
cryptocurency margin trading same trading and equal forex trading , can trading use leverage
Topic: Earning a living from cyptocurrency options trading (Read 3737 times)
We can really live when we have a good salary or income stable either in cryptocurrency there are lot's of option we can choose trading there are lot's alternative coins where we can choose to trade or grow our bitcoin , Also in gambling if we don't feel trading to day or feeling lazy we are going to gambling to earn more extra bitcoin taking risk to make grow our bitcoin.
I think the trading strategy and techniques you can learn that, trading unlike on a gamble, you can live with trading, because a friend of mine to do that, he has the skills and he can benefit easily
It is possible, but cryptocurrency trading is more risky i think. It is not regulated,pump and dump are common. Yes, you can earn a living in cryptocurrency trading and its easy for someone if he has a big capital. It is just like a play to them.
In this thread, I'll explain BTC and ETH options trading for a living. Sometimes I'll post my realtime trades in order to give readers a better understanding of my winning strategy.
I'm using BTC-e for my all BTC and ETH trades and I'm using Etheropt for my all options trades.
Ok, lets start with some basics:
Traders/investors often use option contracts to decrease the risk associated with BTC or ETH. Suppose you own 100 ETH and want to protect yourself against a significant drop in value. Wouldn't it be nice to have someone else contractually promise to buy those cryptocurrencies from you for a guaranteed amount no matter what, even if the price fell to zero? That person will want a reasonable fee for providing that assurance, of course. As with fire or auto insurance, you hope never to file a claim. But if loss did occur because a house collapsed (or cryptocurrency ETH or BTC plummeted), financial disaster can be averted or substantially mitigated, depending on the terms of the policy and extent of the coverage elected. In this situation, an option contract is the exact analog of an insurance policy.
Another reason BTC or ETH traders/investors use options is to control a large amount of ETH or BTC without having to buy or own it. Suppose a trader feels that BTC is about to rise significantly in price. Wouldn't it be nice to pay a current owner of that cryptocurrency a reasonable fee for the right to purchase his or her BTC at a mutually agreed on price within a certain period?
I will post my realtime trades soon.
I'm using BTC-e for my all BTC and ETH trades and I'm using Etheropt for my all options trades.
Ok, lets start with some basics:
Traders/investors often use option contracts to decrease the risk associated with BTC or ETH. Suppose you own 100 ETH and want to protect yourself against a significant drop in value. Wouldn't it be nice to have someone else contractually promise to buy those cryptocurrencies from you for a guaranteed amount no matter what, even if the price fell to zero? That person will want a reasonable fee for providing that assurance, of course. As with fire or auto insurance, you hope never to file a claim. But if loss did occur because a house collapsed (or cryptocurrency ETH or BTC plummeted), financial disaster can be averted or substantially mitigated, depending on the terms of the policy and extent of the coverage elected. In this situation, an option contract is the exact analog of an insurance policy.
Another reason BTC or ETH traders/investors use options is to control a large amount of ETH or BTC without having to buy or own it. Suppose a trader feels that BTC is about to rise significantly in price. Wouldn't it be nice to pay a current owner of that cryptocurrency a reasonable fee for the right to purchase his or her BTC at a mutually agreed on price within a certain period?
I will post my realtime trades soon.
Who is going to guarantee that those contracts will be completed?
What if both btc and ETH prices colapsed=the hedge is worhtless?
Well one thing its true you must keep with your job, because today we are with an extra source of income, and tomorrow might be a dark day for crypto world, anyway there is a small number of people able to make a living and proof from the trading, that looks easy but has a lot risks around it.
I do agree, trading is so unpredictable and you can lost a huge amount of money in a short time, and even a professional traders dont't earned profit everyday, i think it will possible to earn a living using trading but the risk is a bit too high, i think a usual stable job is better than rely on trading
Well one thing its true you must keep with your job, because today we are with an extra source of income, and tomorrow might be a dark day for crypto world, anyway there is a small number of people able to make a living and proof from the trading, that looks easy but has a lot risks around it.
I do agree, trading is so unpredictable and you can lost a huge amount of money in a short time, and even a professional traders dont't earned profit everyday, i think it will possible to earn a living using trading but the risk is a bit too high, i think a usual stable job is better than rely on trading
I thought to live in the world, you must have a job that gives you a fixed income, to pay for daily necessities, while trade does not give a fixed income?
Unless you are a professional trader. Otherwise, it is better not to trade to make a living. It is not reliable.
I thought to live in the world, you must have a job that gives you a fixed income, to pay for daily necessities, while trade does not give a fixed income?
Well one thing its true you must keep with your job, because today we are with an extra source of income, and tomorrow might be a dark day for crypto world, anyway there is a small number of people able to make a living and proof from the trading, that looks easy but has a lot risks around it.
Agree that this opportunity in Cryptocurrency like signature campaign is an extra source of income to earn in bitcoin also with cryptocurrency trading or other online activities which involved bitcoin.A job is a main source of earning that should not be stop unless you have a other stable income than can give you more than your salary.
Well one thing its true you must keep with your job, because today we are with an extra source of income, and tomorrow might be a dark day for crypto world, anyway there is a small number of people able to make a living and proof from the trading, that looks easy but has a lot risks around it.
All it does it is likely to happen, but it was all caused by the users of the bitcoin or crypto was tired and do not want to use the crypto. Something that exists in digital mostly destroyed or lost because its users already do not want to use it again and move on to something better and more special. And all you say is true, but if they've been able to find an income guarantee life in the digital world so it is better to focus on the digital world and seek money as much as possible after that investment
Well one thing its true you must keep with your job, because today we are with an extra source of income, and tomorrow might be a dark day for crypto world, anyway there is a small number of people able to make a living and proof from the trading, that looks easy but has a lot risks around it.
although there are so many people who are depending on bitcoin for living, but still i like to say that you must have a permanent income from which you can fulfill your necessities, and consider bitcoin as secondary option for making money.
That is what i am doing for now i have an legal work outside and bitcoin is just my hobby since i can't trust my future on this coin aswell as i really make sure that i will not get compromise and have job to really on in times that bitcoins will fail nor i don't get any income from it on weekly basis, and cryptotrading is good source of profit but not an ideal one to really for earning to get a livings,
Its better to have that two so the earnings is double when salary and bitcoins payment time will colide.
There is an opportunity as well a problem, because the potencial earnings are as well potencial loss, there is no way to bitcoin have sure of anything, with that said its very hard to get or make a life from bitcoin and worse is to try with trading but its an option.
The ZCash is being launced today. If you can buy some cheaply in the next few days, it could make some profits.
There is an opportunity as well a problem, because the potencial earnings are as well potencial loss, there is no way to bitcoin have sure of anything, with that said its very hard to get or make a life from bitcoin and worse is to try with trading but its an option.
although there are so many people who are depending on bitcoin for living, but still i like to say that you must have a permanent income from which you can fulfill your necessities, and consider bitcoin as secondary option for making money.
At this moment I do not think that it is possible for everyone because you need to have allot of Bitcoin so that you can sell enough and make enough money with them per month.
I do not have much Bitcoin so something like that would be impossible for me to pull of.
I think in order to live you must have a fixed income so that you can pay for the purposes of your life each month, whereas in trading you do not receive a fixed income I do not have much Bitcoin so something like that would be impossible for me to pull of.
Yes if you trade with full details about the coin and have full patience and trust on the coin on which you are going to trade then you can surely make profit and earn for living, I am keeping daily update of the altcoin announcement section as i have seen lot of coins are coming with new features and giving out free bounty coins if we properly play with that free coins then surely you can earn for your living, some time some coin give you jackpot which will earn you for so many months revenue in that coin itself.
i have found out that there are so many different ways to trade different methods and there are just as many things to trade too and all of them have the potential of becoming a good profitable method of making a living for you.
but only if you are good at trading and if you are willing to spend time staring at your monitor all day long.
but only if you are good at trading and if you are willing to spend time staring at your monitor all day long.
Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.
It is a hard to thing try and make a living out of cryptocurrencies only because that means that you will have to handle in allot of them to make enough money to be able to pay for everything that you need to pay. For me it would not be possible that is why I use it as an secondary income.
I am making a living with cryptocurrencies and I am proud of it. I also have a job so basically, using bitcoin is my part time job and it compensates me a good amount of money. I never tried to do some trading but I am open to it. It is also because I do not have enough amount of btc. I just earned through posting with signatute campaigns and yhe salary is fair enough.
Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.
It is a hard to thing try and make a living out of cryptocurrencies only because that means that you will have to handle in allot of them to make enough money to be able to pay for everything that you need to pay. For me it would not be possible that is why I use it as an secondary income.
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