Earning a living from cyptocurrency options trading - page 3.

DashCoinDark

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Quote from: AlgoSwan on June 15, 2016, 04:46:09 AM

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.

Earning a living with Bitcoin is possible but I do not think that it is possible for everyone because you will need to handle in allot of them.
You will have to invest allot of money if you want to be able to to that.

mace15

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This is possible earning a living from cryptocurrency which
options is trading only. Like me, my way to earn in bitcoin
is trading were I really gain proft well. This is the way I
choose in bitcoin on how to earn but I know its really risky.

MyBTT

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It's very possible. If you have the budget, you can pump into or out of the coin in question and effectively control the price.

maudevang

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I think that its possible of course its also a sort of risky because trading is normally risky so that is the downside of it all but you know what people are saying right, without risks there is no profitable job.

23dzmaz

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I think people can earning a living from cryptocurrency options trading, but you need big balance/bankroll to earn much profit. You also earn a living though even you only have small balance, but the profit will be small.

MingLee

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Quote from: mirakal on October 05, 2016, 03:01:11 AM

Quote from: Yakamoto on October 04, 2016, 10:27:25 PM

Quote from: Wind_FURY on October 04, 2016, 09:55:11 PM

Does Algoswan still update this thread? He said that he will post his live trades. I think it would be interesting to watch and learn from what he does and the moves he makes with Bitcoin and Ethereum. I am still a newbie in trading and I would like to know how much in average does he earn from trading. Also if my starting capital is 10 BTC how much would I expect to earn each month learning his style?

I've heard of some people that are able to make $1000 on some larger market movements with some alts that they pump or just catch a nice movement on, however a lot of those numbers can be debated and the one-day moves are quite rare and it isn't easy to see one of them on the horizon until they happen, and even by then it is typically too late. As for having 10 BTC as a starting capital, you would be looking at somewhere around the same ballpark, however being new to trading you should just do small trades at first and learn how everything works before you start to get heavily invested in anything.

As for how good you'd do following Algoswan's technique, I have no idea because I don't know what he does.

With that amount of earning you need to have a bigger amount of capital to start in trading, that is the direction I am planning to go to earn a living in trading. Although it is hard to achieve but I am learning it now, as I start with a small amount of money.

I've heard that those people only trade something around 10 BTC and not a whole lot more, however I could be wrong. Please also note that the $1,000 profits were mostly made off of single-day movements that were big and not necessarily common. It could have been a stroke of luck, and I don't know what they're making on a normal day.

Wind_FURY

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Quote from: AlgoSwan on October 05, 2016, 03:35:31 AM

Quote from: Wind_FURY on October 04, 2016, 09:55:11 PM

Does Algoswan still update this thread? He said that he will post his live trades. I think it would be interesting to watch and learn from what he does and the moves he makes with Bitcoin and Ethereum. I am still a newbie in trading and I would like to know how much in average does he earn from trading. Also if my starting capital is 10 BTC how much would I expect to earn each month learning his style?

I think most people posting in this thread confuse cryptocurrency trading with cryptocurrency options trading. In options trading, you don't have to be right in your predictions all the time. Just google following: covered calls which is my main strategy to earn a living from cryptocurrency options trading.

Ok thanks for making that clear to us. So where can we start trading cryptocurrency options and when will you demonstrate your live trades in the thread? I would also like to know what books and youtube videos would you recommend for starting to learn options trading.

AlgoSwan

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ancap

Quote from: Wind_FURY on October 04, 2016, 09:55:11 PM

Does Algoswan still update this thread? He said that he will post his live trades. I think it would be interesting to watch and learn from what he does and the moves he makes with Bitcoin and Ethereum. I am still a newbie in trading and I would like to know how much in average does he earn from trading. Also if my starting capital is 10 BTC how much would I expect to earn each month learning his style?

I think most people posting in this thread confuse cryptocurrency trading with cryptocurrency options trading. In options trading, you don't have to be right in your predictions all the time. Just google following: covered calls which is my main strategy to earn a living from cryptocurrency options trading.

mirakal

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Leading Crypto Sports Betting & Casino Platform

Quote from: Yakamoto on October 04, 2016, 10:27:25 PM

Quote from: Wind_FURY on October 04, 2016, 09:55:11 PM

Does Algoswan still update this thread? He said that he will post his live trades. I think it would be interesting to watch and learn from what he does and the moves he makes with Bitcoin and Ethereum. I am still a newbie in trading and I would like to know how much in average does he earn from trading. Also if my starting capital is 10 BTC how much would I expect to earn each month learning his style?

I've heard of some people that are able to make $1000 on some larger market movements with some alts that they pump or just catch a nice movement on, however a lot of those numbers can be debated and the one-day moves are quite rare and it isn't easy to see one of them on the horizon until they happen, and even by then it is typically too late. As for having 10 BTC as a starting capital, you would be looking at somewhere around the same ballpark, however being new to trading you should just do small trades at first and learn how everything works before you start to get heavily invested in anything.

As for how good you'd do following Algoswan's technique, I have no idea because I don't know what he does.

With that amount of earning you need to have a bigger amount of capital to start in trading, that is the direction I am planning to go to earn a living in trading. Although it is hard to achieve but I am learning it now, as I start with a small amount of money.

praprata

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Quote from: AlgoSwan on June 15, 2016, 04:46:09 AM

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.

Maybe it is possible but it does not really mater to me because I do not want to rely on a crypto currency because you never know which way it goes.
It is not stable and that is what it is much better as a secondary income.

mace15

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Quote from: ajun96 on September 17, 2016, 07:12:50 AM

Quote from: Doamader on July 19, 2016, 08:25:05 AM

This is only possible for people with something like 20btc and exchanging all days to get enought profit to make a live from those, the others people with 1 btc and 5 btc cant live from this, its insane to even try it, they can get an income but not enought.

I think the larger the capital you have, the greater the possibility you to get a bigger loss. I think it's not a problem to use a small capital. because income from trading altcoin practically unlimited. so you can live from trade despite having a fairly small capital

This is right, the larger of btc you have the larger of loses btc also.
When you invest on trading only there's a tendency of losing btc,
because of keep in monitoring the downside and upside of current price.
Much better not to invest on trading only, thus dont put your eggs
in one basket.!

Yakamoto

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Quote from: Wind_FURY on October 04, 2016, 09:55:11 PM

Does Algoswan still update this thread? He said that he will post his live trades. I think it would be interesting to watch and learn from what he does and the moves he makes with Bitcoin and Ethereum. I am still a newbie in trading and I would like to know how much in average does he earn from trading. Also if my starting capital is 10 BTC how much would I expect to earn each month learning his style?

I've heard of some people that are able to make $1000 on some larger market movements with some alts that they pump or just catch a nice movement on, however a lot of those numbers can be debated and the one-day moves are quite rare and it isn't easy to see one of them on the horizon until they happen, and even by then it is typically too late. As for having 10 BTC as a starting capital, you would be looking at somewhere around the same ballpark, however being new to trading you should just do small trades at first and learn how everything works before you start to get heavily invested in anything.

As for how good you'd do following Algoswan's technique, I have no idea because I don't know what he does.

Wind_FURY

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Activity: 2898

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Does Algoswan still update this thread? He said that he will post his live trades. I think it would be interesting to watch and learn from what he does and the moves he makes with Bitcoin and Ethereum. I am still a newbie in trading and I would like to know how much in average does he earn from trading. Also if my starting capital is 10 BTC how much would I expect to earn each month learning his style?

Doamader

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Quote from: ajun96 on September 17, 2016, 07:12:50 AM

Quote from: Doamader on July 19, 2016, 08:25:05 AM

This is only possible for people with something like 20btc and exchanging all days to get enought profit to make a live from those, the others people with 1 btc and 5 btc cant live from this, its insane to even try it, they can get an income but not enought.

I think the larger the capital you have, the greater the possibility you to get a bigger loss. I think it's not a problem to use a small capital. because income from trading altcoin practically unlimited. so you can live from trade despite having a fairly small capital

What im saying is that with 20 bitcoins you can make easy 0,10btc daily with a low change into the value of any crypto coin, with small ammount you will need to expose a bit more your small coins, and to reach those 0,10btc daily you will need to make atleast 3-5 trades, thats what i were saying.

Altcoinmoney

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I think that it is possible but it means that you will have to handle in allot of them to make enough so that you can make a living out of it.
For me it is not possible and that is why I do Bitcoin in the side.

newcoins1978

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It can be possible but the thing is that you will have to handle in allot of them to make enough money every month so that you can pay everything that you need to pay.
I think that the risk is to great so I just do them on the side.

AlgoSwan

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ancap

Aren't you tired of your money being held hostage to the price direction of BTC or altcoins?

Why are the average sit at-home cryptocurrency investors/traders willing to be trapped by a coin they purchased, hoping and praying that it appreciates in value?

arseaboy

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Quote from: Doamader on September 19, 2016, 08:12:03 AM

We all know that to make a living from trading is quite hard, even get the information on the right moment, some altcoins just moove without notice, soo you cant predict how much and till when the altcoin will jump.

its really hard to make it as your source for living as price is unstable and the movement really hard to postion your entry but if you have big investment capital and if you keep on searching for any alt from time to time it is possible especially if you have a luck doing some arbritage thats more possible to earn a lot.

Doamader

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We all know that to make a living from trading is quite hard, even get the information on the right moment, some altcoins just moove without notice, soo you cant predict how much and till when the altcoin will jump.

arwin100

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Jack of all trades 💯

Quote from: electronicash on September 19, 2016, 02:56:09 AM

Quote from: AlgoSwan on September 18, 2016, 01:13:00 PM

Quote from: Rockie1234 on September 17, 2016, 06:38:45 AM

I would like to ask a question to OP.
i just got into altcoin trading and I've looked at some technical analysis methods (eg candlesticks and indicators). Altcoin trading unlike forex seems to be more about looking at the social aspect and seems to be based primarily on instinct. For example, say for some unknown altcoin, you need to know if it has a useful niche. How close to the truth is this?

You're very close to the truth. But still volume based technical analysis works on altcoins.

Technical analysis don't work much on crypto trading, its not like we can have a trading strategy solely base on the technical details as we don't even see some indicators available to our platform ulike on meta trader.

the only you can depend is the news letters of the dev. and people pumping it.

But sometimes devs newsletterd are misleading but it can really indicate that the coin is still alive and slowly kicking, but for me i really rely on just god feel,charts and community thats why i earn sometimes in tradings, and maybe you can qlso joined he pump of the dev so we can earn yet for some certain coins in tading sites.

Topic: Earning a living from cyptocurrency options trading - page 3. (Read 3737 times)