Making a "profit" during this period is not really the important part, we can do that during bull periods easily and everyone can do it, I have turned my investment 5x higher during the last just 4 months, I can do that more and more commonly as well. The difference is the fact that we are not looking for just making a quick buck and run with it, we need to figure out ways that would make it more consistent, that way we could basically be profiting but also having a better future as well.
I am not planning on making a profit today, I may or may not do that and it wouldn't change too much of my life, in 20 years it will be so forgot that I will not even remember it, but if I can make an income stream for myself that I could earn money for the longer period that would be definitely something I would be fine with and I would definitely be happier about something long term instead of making profit today.
Topic: How much did you make in Bitcoin trading? - page 4. (Read 1475 times)
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.
Until the profit makes you feels happy. Yes you heared that right you can earning bitcoin that much until you say yes i got enough profit from trading. Because trading is uses for unlimited profit generate in crypto. And trading is like a bitcoin generated machine. But remember machine always is not profitable if we aren't set a decent target. Let me clarify for trading industry you have to set a daily profit goals. And you have to be with your that target. If you see that a day you get loss some. Then leave that day don't take again risk to reach your target. Take some time research more, find your mistakes then again start tomorrow. A new day, new candles chart should be profitable for you. Remember learning from mistakes, finding mistake and solve that mistake is more valueable for your upcoming journey. All the best for a happy and safe trading journey.
before bitcoin will fall down and correction I will take advantage of this to trade bitcoin well, I manage trading and have principles. if my profit is not 30% I will not stop and I must apply this to consistently get 30% profit from each trade
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
Although I don't have much btc now but I don't want btc ptice to fall as it affects overall market and alts too fall.
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.
Well, I tried one time in trading and I gained a small percentage of the profit. But that is, for now, I stopped trading because I have some priorities.
Trading is not an easy task, you need to maintain your knowledge in trading, perhaps those who had a big capital will play the market very well. For now, I preferred long term trading, not the short term because I know it is very risky. If I estimate the amount that I gained in trading, it is good enough and I will not regret that I enter this crypto trading space.
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. Trading is not an easy task, you need to maintain your knowledge in trading, perhaps those who had a big capital will play the market very well. For now, I preferred long term trading, not the short term because I know it is very risky. If I estimate the amount that I gained in trading, it is good enough and I will not regret that I enter this crypto trading space.
Well, I tried one time in trading and I gained a small percentage of the profit. But that is, for now, I stopped trading because I have some priorities.
Trading is not an easy task, you need to maintain your knowledge in trading, perhaps those who had a big capital will play the market very well. For now, I preferred long term trading, not the short term because I know it is very risky. If I estimate the amount that I gained in trading, it is good enough and I will not regret that I enter this crypto trading space.
Indeed, if you have no focus on this job, you will surely end up losing. "Lack of time" is a common reason why so many traders had failed. I often do trading also but not much it gives back to me as I only spend a few in trading as I have an office job to do. I do usually put trades after the office hour but sometimes I get tired and it affects my decision making wherein it gives me only losses due to mistakes. This is to realize that we need to have a clear mind before doing this otherwise, losing is what we've got. Trading is not an easy task, you need to maintain your knowledge in trading, perhaps those who had a big capital will play the market very well. For now, I preferred long term trading, not the short term because I know it is very risky. If I estimate the amount that I gained in trading, it is good enough and I will not regret that I enter this crypto trading space.
Well, I tried one time in trading and I gained a small percentage of the profit. But that is, for now, I stopped trading because I have some priorities.
Trading is not an easy task, you need to maintain your knowledge in trading, perhaps those who had a big capital will play the market very well. For now, I preferred long term trading, not the short term because I know it is very risky. If I estimate the amount that I gained in trading, it is good enough and I will not regret that I enter this crypto trading space.
Trading is not an easy task, you need to maintain your knowledge in trading, perhaps those who had a big capital will play the market very well. For now, I preferred long term trading, not the short term because I know it is very risky. If I estimate the amount that I gained in trading, it is good enough and I will not regret that I enter this crypto trading space.
Fortunately you do not need to have perfect timing, even if you happened to invest when the price was close to the 10k level that could have given you profits of 3x or even 4x, the problem is that people do not understand how markets work, they see the price going up and they buy because of FOMO, they do not seem to get that massive profits are made when you buy after a big crash, you may have to need to wait for years to see significant profits but if you do you could improve your life significantly with just that one trade.
You could make massive profits even after you buy at huge prices, all it takes is waiting for a long time. People who bought at 20k during peak of 2017 and sold at 40k recently have made over x2 profits recently, that means if you waited for 3 years you could have made over x2 return and that is good for 3 year investment if you ask me, most other things do not give that much return.So people who bought at 10k made x4 but that was quick, even the high peak ATH buyers made x2 so that tells you how you could profit at all times. Its 30k or so right now for example, if you buy from here which is a HUGE price, you could still make x2 when its 60k and I am sure that will happen too.
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
The best idea is the dollar-cost average. I personally think that BTC has no upper limits and I could go as high as whales and large investors want it to be. So the early you take entry the better it will be. So if the market goes down from your buying price then you could buy more and more btc and increase your portfolio. After 6 months you will see your average buying price is much much lower than before.
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 sympathize with those who want to buy in and just can't get that 'right' moment down as it is difficult to know when it is a good time to enter the market. Though, that's the stress that comes with crypto, if you know what I mean
FWIW I cashed out. Didn't have much so it is the best time to do it. Even now I can buy more than I previously had. Just going to check the price once a week as it goes down and buy when it starts going back up.
I am glad you are able to do it because with me I am stuck when to sell because when it reached 40k I was like maybe I should wait for 45k and when it dropped to 30k I feeling like at least 35k is the minimum when I will sell. I am always in the dilemma and miss these chances but overall happy with my savings and no remorse.The results obtained will depend on the capital used and also the ability to analyze the market, but in my opinion those who hold crypto, especially Bitcoin, in the long term will get more profit than from day trading, because every trader must have made mistakes in decisions buying or selling so can reduce profit.
Right but how much profit did you made? I am always excited to see the numbers and how people are doing and compare to myself.I have not been able to do much in terms of profit but I managed to buy some when the price was around 12k and it was more an accident than strategy as I had to pay someone and he asked for Bitcoins, later he denied the job which we agreed and I was left with Bitcoins in hand and now I am so happy he didn't took them
.
For me i can tell that it can provide my whole expenses every month also that can support my daily needs and other but if really do have a good time to good there's always a good profit that i always hold the same way because this is the best way for me and i know for other's always that you can make a good profit is just by holding bitcoin , i started trading with following my guts because if you are having doubt then you should not risking your money into it. The best way is to watch youtube and research to learn every time you want something.
The very first trading of crypto was done with bounty rewards. I kept hold of the received tokens for about three months time. Once after that it got listed on an exchange. I started to trade against bitcoin. Selling all the tokens I received about 0.12 btc. Further I don't have much knowledge, but I went for the buying of the tokens again. This time I made a sell order for 0.21 btc. This is the profit I made out of trading. Further on I wasn't able to concentrate on it for different reasons.
Fortunately you do not need to have perfect timing, even if you happened to invest when the price was close to the 10k level that could have given you profits of 3x or even 4x, the problem is that people do not understand how markets work, they see the price going up and they buy because of FOMO, they do not seem to get that massive profits are made when you buy after a big crash, you may have to need to wait for years to see significant profits but if you do you could improve your life significantly with just that one trade.
You could make massive profits even after you buy at huge prices, all it takes is waiting for a long time. People who bought at 20k during peak of 2017 and sold at 40k recently have made over x2 profits recently, that means if you waited for 3 years you could have made over x2 return and that is good for 3 year investment if you ask me, most other things do not give that much return.So people who bought at 10k made x4 but that was quick, even the high peak ATH buyers made x2 so that tells you how you could profit at all times. Its 30k or so right now for example, if you buy from here which is a HUGE price, you could still make x2 when its 60k and I am sure that will happen too.
That is a huge opportunity, to be honest.
Just imagine the price is at $3K or $4k and now we are seeing the price at $30K. It is more than 10x the time you've invested and if you have that amount to invest, that is just massive. Still, I don't say that people could get that timing right since the market is very unpredictable. I am just saying how big that profit would be if that timing is right.
Fortunately you do not need to have perfect timing, even if you happened to invest when the price was close to the 10k level that could have given you profits of 3x or even 4x, the problem is that people do not understand how markets work, they see the price going up and they buy because of FOMO, they do not seem to get that massive profits are made when you buy after a big crash, you may have to need to wait for years to see significant profits but if you do you could improve your life significantly with just that one trade. Just imagine the price is at $3K or $4k and now we are seeing the price at $30K. It is more than 10x the time you've invested and if you have that amount to invest, that is just massive. Still, I don't say that people could get that timing right since the market is very unpredictable. I am just saying how big that profit would be if that timing is right.
that's a natural thing for bitcoin, because the crypto market definitely has an up and down trend. stay positive if bitcoin is at a low price. perhaps the best way is to buy bitcoin and hold it. it would be better than having to watch without taking any action
before buying and storing it, you also have to know when to buy and store it. Do not buy at the price of ATH or the highest price, because it will be very painful. ATH at the end of 2017 alone was able to penetrate again in 2020 and it took approximately 2 years. Buying and saving at the lowest price will give you profit and peace of mind. Never get stuck with FOMO. 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 just started my trading journey this year I've not really earn much, I feel motivated by the experiences of some traders here, I hope to earn profits having devoted many years in learning and came up with my own trading strategy which is based on daily trading with a higher reward to risk ratio coupled with a fixed stop loss and take profit, I knew that trading is a highly risk venture but I am equal to the task having made some some profits with few losses.
As long as you know that those people who waited this long to become a great trader and made so much money used their experience and study in trading, you will be fine. There are some newbies unlike you who go out there and try to make money right away in a day and rush their profit but that is not how it works, you have to be patient about it and you do seem like you are patient and you don't rush profits so you are on the right path.I have been in trading for over 5 years and I don't know how much I made, it must be something decent I hope
. But I really do not have exact number, however I can say that I have traded in all kinds of different ways, there is never one correct way to trade because all of the things we have are great trading material and you can use all those tools to create different strategies and methods all the time to make a brand new one. Jump to: