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Topic: How long does it take you to start getting profit in crypto trading - page 3. (Read 2803 times)

full member
Activity: 238
Merit: 100
Well, I have traded on a CFD platform when I first found out about Bitcoin and Ethereum CFDs... I started trading them with x2, x5 and x10 leverage and it was amazing. I have made around 400% profit... Then one the market turned upside down and all my profits were swept out (well, not all of them, I was lucky that I pulled out early)... This was a lesson and now I am only hodling cryptos... Good advice for everybody
sr. member
Activity: 756
Merit: 250
Very interesting questions about cryptocurrency and a quick reminder for us to know on keep history on how things work around cryptocurrency. I came to know about bitcoin around 2012 and I think I was around 33 and I started profiting from it some few months ago. I did not take the cryptocurrency's ethereum word serious until late Las years when I started to get interest on investment.
Indeed, if the user has long been working in the crypto currency, then this role is a trivial one. Although I would have to earn more coins and even then I would have gone to the exchange to sell them. And after that I learned to trade and show even some of my techniques that give me the opportunity to earn good money.
sr. member
Activity: 882
Merit: 282
Very interesting questions about cryptocurrency and a quick reminder for us to know on keep history on how things work around cryptocurrency. I came to know about bitcoin around 2012 and I think I was around 33 and I started profiting from it some few months ago. I did not take the cryptocurrency's ethereum word serious until late Las years when I started to get interest on investment.
hero member
Activity: 994
Merit: 502
Making profit from trading requires a good learning about the different digital tokens as well the market scenario of those particular tokens. When one is aware of these factors surely price moves can be predicted in a better way making right decision on buying and selling of bitcoin. So knowledge along with luck mostly profits even in the first trading.
legendary
Activity: 1386
Merit: 1027
Dump it!!!
first bitcoin i was bought happened on 2014 but i didn't get any profit from my first experience even i got huge lost and after several times attempts finally i got my first profit and raising my funds even i could recover my previous losses but it does not happened instantly and the process is it took over than a month holding
 
this goes to show getting some profit from crypto trading takes time as you need time to gain experience , no need to rush things.
hero member
Activity: 625
Merit: 501
first bitcoin i was bought happened on 2014 but i didn't get any profit from my first experience even i got huge lost and after several times attempts finally i got my first profit and raising my funds even i could recover my previous losses but it does not happened instantly and the process is it took over than a month holding
 
You still lucky, some people know Bitcoin from 2013, even 2011 but in current they still faucet and not have a job stable with Bitcoin. Because they not take advantage opportunity buy Bitcoin with cheap price after the more change on market.
hero member
Activity: 642
Merit: 500
You can profit almost immediately. Buy an alt coin when it is at its lowest price and as soon as it goes up, you can sell it and make a profit. But it really depends on how much money you invest, the alt coin that you buy and how long you are willing to wait to make a decent profit. if a small alt coin goes from 1 cent to 2 cents, then you've doubled your money.
my first experience is amazing. firstly i should only earn bitcoin from different means than in almost 2014 i convince my father to invest in bitcoin and that time we invest a small amount in bitcoin and now we have loving its profit which it has given to me.  
bitcoin has changed my life upto an extend. now i have some in my account and waiting for right time to sell.
legendary
Activity: 1652
Merit: 1000
first bitcoin i was bought happened on 2014 but i didn't get any profit from my first experience even i got huge lost and after several times attempts finally i got my first profit and raising my funds even i could recover my previous losses but it does not happened instantly and the process is it took over than a month holding
 
legendary
Activity: 1918
Merit: 1728
how long does it take you to find out a way to profit from crypto trading and raise your fund?


Considering the volatility of cryptocurrencies, I can say 1 second  Roll Eyes.
Really man, cryptocurrencies are non-comparable to any other form of investment. Consider Stratis for today, coin worth $4.8 yesterday and rose to $5.4 today. That's 12.5% profit in 10 hours. Now compare it with bank deposits, you may not get similar return in a year.
So its quite easy to make profits in crypto world, all you need is right direction. Initially, try hunting some bounties. When you believe you have enough experience and mobilizing fund, step into trading and introduce personal capital.
sr. member
Activity: 1330
Merit: 291
My first bitcoin was given to me as a gift by a friends and colleague in my office who is an expert in trading crypto currency. It was after he introduced me to bitcointalk on how to renther services to different companies online and get paid weekly with bitcoin before I started making more bitcoin per week for services l renther. 
full member
Activity: 254
Merit: 100
I bought by bitcoin just this year and I am 27 years old now that time bitcoin was $900 and then after a month climb to $1,200 and then it dump a little while and then come back and went skyrocket until $3,000. It only took me 4 months to gain profit in cryptocurrency.
full member
Activity: 210
Merit: 100
True Flip ICO: 28 of June 2017
That is very hard to say. It depends on many factors. if you got in recently then it will take some time to make profit as market is in bearish mode. I think after August we will have bulls in control.

Also do not day trade and expect to make big bucks every time. Hold for sometime, say 2 to 6 months to get decent returns.
sr. member
Activity: 1316
Merit: 356
How old were you when you bought your first Bitcoin (or altcoins) and how long does it take you to find out a way to profit from crypto trading and raise your fund?

I just bought bitcoin on last year in december, at first, I'm just curious on bitcoin because I'm a new on it and also many people in my surroundings advising me not to trust that kind of business but I tried because there are proofs. Then I tried trading at first its hard but if you are continue trading you will knew it. I'm just reading on that time on how to be a successful person in trading. Then after a day I earned profit easily. I'm just buy it at low then sell it at high, it's up to you if you sell it on a very small profit.
sr. member
Activity: 462
Merit: 250
Its takes a month or a year if you want to be a millionaire of course a years like Bitcoins from 0.15$ cents in 2009 to 2500$ now 2017
its almost 8 Years to make profit . If you want some small profit maybe a month or  its just a little bit of minute you can make profit in Altcoins.
newbie
Activity: 40
Merit: 0
The situation we are in now with crypto doesn't really favor rational decisions, at least not the same you use for the traditional markets.
For trading you'll either have to rely on luck, get the best of entries possible and even with those two, if you don't want to lose everything you own, the best would be to trade a coin with a futur because your stop losses can be huge sometimes. So hold (depending on the context of course) can be a better decision.
sr. member
Activity: 2366
Merit: 366
How old were you when you bought your first Bitcoin (or altcoins) and how long does it take you to find out a way to profit from crypto trading and raise your fund?


I am already in my late 20's when I started holding bitcoin and altcoins. It didn't take a year for me to learn trading. But my trading is very basic. Holding most of the time. It is very lucky for me and you and everyone of us that the majority of coins are very young. Holding a certain alt will only take several weeks or a couple of months for the price to grow really huge and earn profit.
full member
Activity: 230
Merit: 100
I think after 2 or 3 months. At first I am losing  but I am very persistent to study crypto trading. My mistakes serves as my lesson in actual trading and it builds my confidence too. After that stance or learning period, I slowly earn in trading and I am grateful that I am steadfast in learning.
hero member
Activity: 1134
Merit: 517
How old were you when you bought your first Bitcoin (or altcoins) and how long does it take you to find out a way to profit from crypto trading and raise your fund?
Age must be a very insignificant factor here as we do see many teenaged people also adopting bitcoins. But, to make profits from crypto trading, you must be mature enough. I started my career with the crypto only after I was 22 years old.
There is the story of the teenager that turned millionaire for having accepted Bitcoin as payment when he was 12, so it is really not an age something, though when it comes to trading, maturity of mind is very essential because of the responsibility that goes with it.
sr. member
Activity: 546
Merit: 250
If you buy the right coin you can make profit in one day, but if you choose the wrong coin maybe need to wait a while and maybe you won't get your money back, so it depends on how good is your speculation, the first time I bought alt coin I lost money, from that moment I learn how to trade and analyze
If you buy the right coin you can make profit in one day, but if you choose the wrong coin maybe need to wait a while and maybe you won't get your money back, so it depends on how good is your speculation, the first time I bought alt coin I lost money, from that moment I learn how to trade and analyze

Actually there are a lot of altcoins today that has still no value or very low but i think in a few months or a yearprices would increase and so today is a good day to buy or invest in some of this altcoins. There are some altcoins that are up there years ago but  price is still low until now so better be a smart investor.
legendary
Activity: 1666
Merit: 1001
If you buy the right coin you can make profit in one day, but if you choose the wrong coin maybe need to wait a while and maybe you won't get your money back, so it depends on how good is your speculation, the first time I bought alt coin I lost money, from that moment I learn how to trade and analyze
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