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
Topic: How much did you make in Bitcoin trading? - page 5. (Read 1475 times)
The best R:R ratio was on the last bull market which happened during the 2017-18 market season, I have made a nice amount and move to another city. The best part of online trading is to be able to travel while making money with the laptop but there are many disadvantages of this "profession". The profit and loss ratio can not stay forever in the comfort zone, so better to cash out losses quickly and let the winners go.
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 start of 2020 was a year of panic for all bitcoin owners, as they were devastated to see bitcoin drop below $ 5k. but now bitcoin has bounced back and is at a price above $ 30k this is very surprising and this might be an impressive bitcoin journey so far,
Therefore, when you have a lot of money when the price of bitcoin is still cheap, like what happened a few months ago when the price of bitcoin touched a price below $ 6,000 it is the best opportunity to buy a very large amount of bitcoin, whereas the current price of bitcoin it's too expensive so this is not the right time to get into bitcoin, wait until the price collapses to buy bitcoin again.
For rich guys, it is never early or late. Change the perspective and look at the market out of the box. There is no high or low price and there is no cheap/expensive price also. The big hedge funds and rich retail investors can buy the same quantities around $45k price and wait for the next tripled price in order to make the same profit with buying at $6k and selling $40k plus.
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
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 can only tell you that the amount is enough for me and it is a good profit, but I will try to make more profit than now as I see it is a good time to buy and sell bitcoin.
If the bitcoin price can jump higher in the next week, the other profit will come to me as I already bought bitcoin at a low price yesterday.
But if the price decline to go up, maybe I need to be more patient to wait for the price is back to the higher price.
I am sure the price will increase again, and that day will not take too long from now on.
I can't be sure how much was made from trading during this bull run but I enjoyed it where the trades were amazing at the moment I still hold some btc and altcoins and some in savings during the profits.
However, at this time I am still paying attention to some potential coins and of course this needs some analysis, therefore it is still a consideration whether it is worth trading at this time to trade several altcoins because we know that a large amount of risk awaits but I play short to ensure small profits.
However, at this time I am still paying attention to some potential coins and of course this needs some analysis, therefore it is still a consideration whether it is worth trading at this time to trade several altcoins because we know that a large amount of risk awaits but I play short to ensure small profits.
Not much though 'cause all of my profit came in holding but I am currently trying to trade now specifically in future trade. It's interesting in fact I made my capital 2x there recently, it's kinda risky though because it's more like margin trading, and you really need to focus on this one, a couple of minutes and it could all be gone.
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.
This could be true that the long term will provide more profit especially if you are using Bitcoin. However, for some reason, a short trade can compete with it, this could not work on Bitcoin but for alts at least, the fact that alts were more volatile which is perfect for short-term trade. You gotta choose wisely on the alts you're going to choose though because not all are capable to provide such profit.
Personally not that much to be worth mentioning or waste your time for, but on the other hand I made more money not trying to trade the market and instead investing on Bitcoin when it's cheap and laddering buys on the way down.
Investing with proper risk management and specially having extra capital for averaging down that makes it work better for me, the simple way of buying Bitcoin with better Risk/Reward is to wait and buy some everytime it dumps hard and market is in full panic mode, it usually works the best and better to do this instead of going all in when you just felt like it.
Investing with proper risk management and specially having extra capital for averaging down that makes it work better for me, the simple way of buying Bitcoin with better Risk/Reward is to wait and buy some everytime it dumps hard and market is in full panic mode, it usually works the best and better to do this instead of going all in when you just felt like it.
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.
So you have enough capital to buy BTC weekly?
And you too have huge guts to bear losses lmao.
Buying BTC at this point of time maybe very risky.
But still love to see these types of daredevils.
Please keep us updated if you can once in each month about your profits or losses.
It will surely help us to learn some lessons.
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.
Last year and this year so far my income in bitcoin is good but not huge like in the year of 2017 I earned a lot of profit in that bull run but Im still thankful and blessed of what bitcoin already achieved. It's better to earn small than nothing and I guess many people are not prepared the bull run happened last year because base on my observation most of them they earn more in 2017 than this year.
Earning bitcoin vs earning profits? In 2020 the earning opportunities got reduced even in bitcointalk there is no ICO, less campaigns and airdrops but in 2017 people were earning 10K dollars from bounties and later ended up with loss one who didn't sell them right away.$4000 to $40000 so here is better chance of making profits one who invested their money in to it.
Last year and this year so far my income in bitcoin is good but not huge like in the year of 2017 I earned a lot of profit in that bull run but Im still thankful and blessed of what bitcoin already achieved. It's better to earn small than nothing and I guess many people are not prepared the bull run happened last year because base on my observation most of them they earn more in 2017 than this year.
snip...
Anyway, not all have that guts as usually, starters will use small amounts just to test the market and so themselves.
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
On spot trading I can make at least 200-400 $ every month depending on market conditions. Sometimes I also hold for 2 months to get the price I want. almost 1 year I have earned approximately 3,000 $.In my opinion there is no risk even though the decline occurs because we can hold and there is no Liquidity on Spot trading.
Since this year when there was a Futures on Binance I actually suffered a lot of losses, for many people who can indeed see this an opportunity to get quick money but some can also lose. I was hit by rect later this year because of Short bitcoin.
One of the reasons on why i didnt really tend to get engage with futures/leverage type of trading.You would really get that big profits but in exchange or equal it do doubles the risk.Since this year when there was a Futures on Binance I actually suffered a lot of losses, for many people who can indeed see this an opportunity to get quick money but some can also lose. I was hit by rect later this year because of Short bitcoin.
Back to topic on how much i do make in trading bitcoin then it is all random but on average i do make $100 per week but there are weeks which are lesser.
It depends on the market condition or trend because not all the times we would really be having a good day or making profits.
What matter most is to retain up profits even you do suffer losing trades.
There is not much I can make from Bitcoin trading because my analysis is not very good...
I think I just made a few dollars trading Bitcoin. I am still confused when the price moves. *it is true that a trader must continue to hone his skills to be able to make a profit
I think I just made a few dollars trading Bitcoin. I am still confused when the price moves. *it is true that a trader must continue to hone his skills to be able to make a profit
I am more interested in holding than Bitcoin trading. Because I think my trading knowledge is not enough to trade. So I tried a few times but later focused more on holding from trading. This will be an advice for everyone that you should not trade with full funds so that you can face a big problem later.
30% should be kept for trading and the rest should be kept in full fund hodl. This will keep your funds safe from any major mistakes.
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.
that's true but the long term believers will not care about this suggestion. I can make more than $100 in a day from altcoins and less from bitcoin consider the price of bitcoin is too high and i can only get small return from my daily trade.
This time is the best time to enter the market and then wait at least a few days until the market will recover again.
I have a friend who bought at 4 thousand for example, during the 2018 crash, which means dude is so much in profit right now that at one point he had 10x return, he didn't care because he said he is not selling until he has enough to retire which he believes will be at around 150k or so levels. Basically all I am saying is, you could try to make quicker smaller profits day by day, or you could be a long term trader, there is a profit to be made in bitcoin for everyone. I hate the notion that one of them is right and the other is wrong, I believe both of them are great.
On spot trading I can make at least 200-400 $ every month depending on market conditions. Sometimes I also hold for 2 months to get the price I want. almost 1 year I have earned approximately 3,000 $.In my opinion there is no risk even though the decline occurs because we can hold and there is no Liquidity on Spot trading.
Since this year when there was a Futures on Binance I actually suffered a lot of losses, for many people who can indeed see this an opportunity to get quick money but some can also lose. I was hit by rect later this year because of Short bitcoin.
Since this year when there was a Futures on Binance I actually suffered a lot of losses, for many people who can indeed see this an opportunity to get quick money but some can also lose. I was hit by rect later this year because of Short bitcoin.
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.
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.
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.
that's true but the long term believers will not care about this suggestion. I can make more than $100 in a day from altcoins and less from bitcoin consider the price of bitcoin is too high and i can only get small return from my daily trade.
This time is the best time to enter the market and then wait at least a few days until the market will recover again.
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.
Not everyone can do this and trading is definitely not for everyone. Trading is a kind of specialist which it also requires special skill to become successful. Of course, we can gradually learn more from this thru experience but for those who easily give up after a tragic loss and can't manage their desperation, for sure that's the end of their carrier. Is some people trading is profitable but this possibly not it work for other people. Many had tried but many had quit. The sad reality but we have to accept it.
Overall, while I made money trading bitcoin(and other cryptocurrencies), I've honestly could've made A LOT more money if I simply held my bitcoin and dollar-cost averaged, and just put all my focus on creating businesses. While I'm not going to demotivate anyone to do trading, it simply isn't for everyone. Most people are simply better doing something else for money.
This is unfortunately the sad truth, even if you make money while trading that doesn't mean that you are going to be able to beat the market and get more profits than what you naturally get just by holding your coins, this is just one more reason why people keep recommending others to hold their coins, but for the majority of people the potential of being able to generate even more profits blinds them to the truth and that is why we see so many people losing all of their capital in this market. 
Of all the assets I have, only Bitcoin is the one that provides the most profit. Indeed, I did not keep a good record of how much profit I could get
from Bitcoin. What is certain is that in 2017/2018 I managed to get a very large profit. Therefore, until now I have never hesitated to buy Bitcoin,
because I am always optimistic that the price of Bitcoin will continue to rise. If the price of Bitcoin drops, it's enough to HODL it, because Bitcoin
will definitely recover quickly.
from Bitcoin. What is certain is that in 2017/2018 I managed to get a very large profit. Therefore, until now I have never hesitated to buy Bitcoin,
because I am always optimistic that the price of Bitcoin will continue to rise. If the price of Bitcoin drops, it's enough to HODL it, because Bitcoin
will definitely recover quickly.
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