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Topic: How much did you make in Bitcoin trading? - page 3. (Read 1475 times)

newbie
Activity: 14
Merit: 0
February 17, 2021, 05:35:16 AM
#96

Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction

If you're being impatient on your Bitcoin investment you'll do a short trading/day trading which I think is not that profitable compared to long trading/holding but it really depends on the person and how good he/she is on handling investments. FUD is really a patience killer so better DYOR (do your own research) at all times.
sr. member
Activity: 1246
Merit: 252
February 17, 2021, 01:16:11 AM
#95
During the past 1 year I have made great profits from my investment. well remember when March I was stressed because of the pandemic and also the decline in bitcoin was quite large at that time. I have uninstalled the whole market and forgot about my assets. to the point where I remained patient in August and last December I benefited from my patience. I at that time got a profit of up to 400% of the capital that I spent. Remember hold is the key to trading long term and be patient
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 17, 2021, 12:52:43 AM
#94
I didn’t trade anything this year, I was just holding it. Though my reason for not trading is because I’m rarely getting the chance as of recent and have been really occupied to have that kind of time, the only thing is try to keep up with trends and checking the price chart when I can to know where the market might possibly be heading to as the next move.

So, what I have just done is hold and it has been a success and perfect. The price has really gone big and the profit I have seen it more than double of what I have invested. I am still yet to decide whether to start selling, because some people have been saying we might reach 50,000 USD next.
Oh hey there. We're on the same boat actually Cheesy .
Actually in my case, I stopped trading at all and am just leaning tiny bit to get back to it but it just doesn't hit me that I should really trade right now. I just kept holding since I am focused more into earning from freelancing, wherein it is outside crypto and haven't got that much time to do my trading.

Time's pretty rough right now for us busy bees to do trades , huh?
That is without a doubt one of the greatest advantages that investing has over trading, if you want to trade you have no option but to sit down and stare down at the screen and see if you find a good opportunity to make money, there is no way around it, unless you are able to code your own bot, but when it comes to investing you can select a coin that has very strong fundamentals, like bitcoin, and then remain invested in that coin and just check the price once in a while to see what's happening, and if you see that something important is happening then you can keep a more close look to the market during that time frame, but still the time investment is way lower than what you will have to do with trading and that is a plus for those that are very busy like you.
hero member
Activity: 1484
Merit: 928
February 16, 2021, 06:57:32 PM
#93
When the Covid 19 pandemic started I stopped trading due to crash in bitcoin price, I entered the market few months later which bitcoin price was around $10k since then have been following bitcoin price and I believe bitcoin is going to pump well. Since then I started using all my money to buy bitcoin and I told all my friends to also buy bitcoin some where scared why some decided to join me in buying bitcoin. Since then bitcoin have been increasing rapidly and see bitcoin price currently, lot's of people have been regret why dey did now buy bitcoin when it was late. But currently bitcoin price is still very low to enter if you think you want to make lot's of money with bitcoin you can still buy bitcoin now and hold, because bitcoin won't be seen in the pricey range again in the next few monts so buy your bitcoin now and make your profit later.
sr. member
Activity: 1610
Merit: 264
February 13, 2021, 11:30:10 AM
#92
~
I didn’t trade anything this year, I was just holding it. Though my reason for not trading is because I’m rarely getting the chance as of recent and have been really occupied to have that kind of time, the only thing is try to keep up with trends and checking the price chart when I can to know where the market might possibly be heading to as the next move.

So, what I have just done is hold and it has been a success and perfect. The price has really gone big and the profit I have seen it more than double of what I have invested. I am still yet to decide whether to start selling, because some people have been saying we might reach 50,000 USD next.
Oh hey there. We're on the same boat actually Cheesy .
Actually in my case, I stopped trading at all and am just leaning tiny bit to get back to it but it just doesn't hit me that I should really trade right now. I just kept holding since I am focused more into earning from freelancing, wherein it is outside crypto and haven't got that much time to do my trading.

Time's pretty rough right now for us busy bees to do trades , huh?
hero member
Activity: 2534
Merit: 605
February 13, 2021, 11:05:55 AM
#91
Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
I didn’t trade anything this year, I was just holding it. Though my reason for not trading is because I’m rarely getting the chance as of recent and have been really occupied to have that kind of time, the only thing is try to keep up with trends and checking the price chart when I can to know where the market might possibly be heading to as the next move.

So, what I have just done is hold and it has been a success and perfect. The price has really gone big and the profit I have seen it more than double of what I have invested. I am still yet to decide whether to start selling, because some people have been saying we might reach 50,000 USD next.
legendary
Activity: 2660
Merit: 1074
February 11, 2021, 10:51:50 AM
#90
Last few days I was able to gain around $200 with my old coins which I hold for a year, due to less valued project. Somehow an opportunity came this year and given me enough profit to be used for my expenses. Definitely, this is a great help and it accommodated the budget for my family and fortunately that money used already for the surgery of my eldest son's keloid.
Trading with bitcoin is really hard these days specially when you're just doing bounty, but still thankful for being sustainable.
There are so many coins that gained money this year because of the alt season that coins that has been dormant and didn't increase a lot for years suddenly started to make money again, I really like the alt season because of that, many useless and very tiny worth coins suddenly start to make a profit. I am in the same situation as well, I didn't make a huge return, but I had about 230 dollars worth of useless coins, I had a lot of them so when they combined made into 230 dollars but individually none of them are bigger than 50 bucks (used to).

However today I checked them and they suddenly worth nearly 560 dollars now, that is double and I am quite happy about it. I guess it is a proof that if we end up waiting for coins to make a profit, even if it takes years to reach there, eventually all of them goes up (except few dead ones) and that is really cool, I am going to keep waiting on them to see what they are going to be like in 5-10 years.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
February 10, 2021, 06:31:43 PM
#89
Last few days I was able to gain around $200 with my old coins which I hold for a year, due to less valued project. Somehow an opportunity came this year and given me enough profit to be used for my expenses. Definitely, this is a great help and it accommodated the budget for my family and fortunately that money used already for the surgery of my eldest son's keloid.
Trading with bitcoin is really hard these days specially when you're just doing bounty, but still thankful for being sustainable.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 10, 2021, 06:13:41 PM
#88
The size of your capital has nothing to do with your skill, the size of your capital will have an effect in the sense that you can make more mistakes before you begin to be hurt by your losses but that is it, no amount is big enough to protect you from your mistakes, which is why you need to learn all what you can about trading before you even begin in order to avoid making silly mistakes that could be incredibly costly, and yet we see the opposite with newbies entering the market with almost no knowledge and losing everything relatively quickly.
This is exactly right, if you have a small capital and learn how to trade constantly with it, and try to have a consistently profit and realize that you are doing it the right way, if you learn how to trade with a small capital you may not end up with a huge amount of profit because your capital is low, but you will realize that you are a great trader if you do it long enough.

After that you could keep trying to put more and more money into your crypto account and try to trade with more and more money, if you turn 100 dollars into 150 dollars that's great, but if you put another 50 bucks that you saved in there that is even better and you will have 200 bucks.

Hence, you turn that 200 dollars into 270 dollars, but you put another 80 bucks in that you saved and now you have 350. Basically keep doing this, both profit from trading/investing and also put money in that you save, and in 10 years you are going to be super rich, even if you start very very small.
Which is precisely why trading and investing is a long term game, people are looking to make tremendous profits in just a week or a month but truth be told if you can make something like 5% monthly it means you are in a stupendous situation, the only thing that you need to do is to keep adding capital to your account and over the years and the decades you will make a lot money and you will do so in a way that will not put your current capital at a very high risk like many newbies do.
hero member
Activity: 784
Merit: 510
Sovryn - Brings DeFi to Bitcoin
February 10, 2021, 12:41:16 PM
#87
Why trade when you can hold and take out the big ones.

Especially day-trading during this bull market, maybe is not so essential.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
February 10, 2021, 12:29:46 AM
#86
I don't literally trade Bitcoin so i cannot answer this completely because i use my Bitcoin for long term Holding , yeah i had sold some back but this is to Buy more again once the price decreases.

I uses Altcoin from trading when i trade in the past but now i must admit that trading was not for me as i continues losing lol.
jr. member
Activity: 462
Merit: 1
February 09, 2021, 11:36:44 PM
#85
Of course I used to work with Bitcoin when the price of Bitcoin was between 5000 to 10,000 $ then I must have traded and traded other currencies with Bitcoin then I got some profit.  What Bitcoin was then I was able to earn some money by trading and I was able to earn a good amount by trading some coins
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
February 09, 2021, 01:44:34 PM
#84
Make much profit or not in bitcoin trading depends on the situation and conditions. When bitcoin is at such a cheap price as $3800 in March 2020, then if someone buys at that time and sells it at $38000 today, it already makes a lot of bitcoins. Unfortunately I didn’t  make  that  much bitcoin, bought it at $3800 and sold it at $38000. If you’re among them, it’s luck.
It is not always about luck, it is all about knowing when bitcoin crashes and it is not something that should crash. The "luck" part is to keep holding but that should always be the case for everyone, so this is basically just a common sense and not luck at all.

Why common sense? When in 2020 march bitcoin price reached to 4k, I said it shouldn't be 4k, we all know that bitcoin worths a lot more than that, it started the year at 7k and reached to 9k+ levels and I thought if I bought at 4k and sold at 8k I would double my money, it was seriously obvious to everyone who has been around that bitcoin wouldn't stay at around 4k, and it didn't for too long neither, jumped over 5k very quickly, maybe just 24 hours later.

I bought at a decent price and I have been buying ever since, and price reached 45k+ as well, why didn't I sell? Because I believe in the fact that as long as you do not need the money urgently, you should always keep it invested.
sr. member
Activity: 1638
Merit: 255
February 08, 2021, 06:59:27 PM
#83
Make much profit or not in bitcoin trading depends on the situation and conditions. When bitcoin is at such a cheap price as $3800 in March 2020,
then if someone buys at that time and sells it at $38000 today, it already makes a lot of bitcoins. Unfortunately I didn’t  make  that  much bitcoin,
bought it at $3800 and sold it at $38000. If you’re among them, it’s luck.
legendary
Activity: 3122
Merit: 1140
February 08, 2021, 05:10:25 PM
#82
the profit obtained from bitcoin trading depends on the capital I use and of course it depends on the price movements at the exchange like what, when the price movement is fast, the profit you get will also be a lot even with small capital, if you use a lot of capital and the price movement increases then you can get more profit.
It would be mainly affected by Capital amount, Trading position and decisions neither you do sell or buy and also with that emotional kind of trading where emotion
do play a big role.Asking out on how much did i make with trading specially with Bitcoin? I cant put any numbers because ive been trading already for several years.
I do win some i do lose some which is inevitable but im sure im on the positive side because if i do stay up on negative then i might have already
stopped trading wayback into those years.
member
Activity: 537
Merit: 10
February 08, 2021, 12:52:37 PM
#81
I'm not a speculator however. Recollect you haven't really brought in any cash until you have changed out. It took me about a year to sort out the bitcoin was anything but a sham trick, and afterward a ton of time to figure out how not to exchange bitcoin. I possibly began to bring in cash exchanging bitcoin when I ran out of approaches to not lose cash exchanging bitcoin.
legendary
Activity: 2464
Merit: 1102
February 08, 2021, 11:13:45 AM
#80
I have to say I didn't make a lot but I certainly did made a lot of bitcoins over my life, not via trading but working for it, and people are forgetting that it can be made via working and earning bitcoin as well. However I did traded some, and not just bitcoin to dollar and dollar to bitcoin, I didn't do that much at all because I find that boring, however I did traded with bitcoin and alts, I believe there are coins that crash a lot without a good reason and I buy them when they crash, and I wait until they go back to old prices and I sold it, did that few times with all kinds of different coins as well.

If I really trusted Ripple I would have done that XRP as well, because it did went low and SEC has an investigation for them but the reality is that financial crimes get very small punishment so Ripple will get out of it without a problem and they will definitely make a profit from it, but I just do not trust the company as a whole.
legendary
Activity: 2884
Merit: 1117
February 07, 2021, 02:46:27 PM
#79
I have been working in the crypto market for several years now and I was able to observe both the insane growth of cryptocurrencies and their insane fall. Based on this, I developed a strategy for myself until the end of 2021. This strategy includes the opportunity to take part in various crypto projects for the accumulation of cryptocurrencies, as well as the ability to trade cryptocurrencies to increase the balance of held cryptocurrencies. However, my plan turned out to be difficult to fulfill, since I had to spend most of the profit on life, but despite this, I was able to collect a small amount of cryptocurrency in order to fix the profit at its maximum price point. For me, this moment should come in this year 2021 and I am confident that all my plans and goals will achieve success.
That is the hardest part of the crypto world and how to increase our profits, the hardest part is that we end up spending money on regular life, and that is why rich people get richer while poor people stay poor. They end up putting millions of dollars into investments and wait for it to get bigger, while also having the best life possible because they can afford to do both, they do not need to sell their investments to keep living the way they do, they can spend 10 million dollars a year on life and 10 million dollars on investment and still have 50 million dollars in liquidity in some bank just in case.

I have been around and keep grinding for projects as well, I did translations, I did content writing, I even did a website once even though I am not a developer, at the end of the day I do not have much, just a small amount because ı had to spend on life as well.
hero member
Activity: 1106
Merit: 527
February 07, 2021, 10:52:20 AM
#78
I can not make any bitcoin from trade. I losses 1 btc with alt coin. I hardly work now for knowing crypto currency market.
Every investors lose some money in trading or any other platform. So If you are beginner in trading you can invest small scale and it will satisfy your trade, you can increase your trade limit. Majority of the investors are set the auto trade so it will really help to stop the losses in trading. Many social media is easily guide for trading active result, so you can actively monitor the market you will get good profit. In my personal I never lose my money in trading and I make enough profit in trading.
sr. member
Activity: 672
Merit: 250
February 06, 2021, 10:48:13 PM
#77
I can not make any bitcoin from trade. I losses 1 btc with alt coin. I hardly work now for knowing crypto currency market.
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