How much did you make in Bitcoin trading? - page 6.

kram31

full member

Activity: 791

Merit: 139

Quote from: carolineking89 on January 05, 2021, 05:37:08 AM

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

Year of 2020 was the signed to make things back to normal, and even up to the present I could say that it remain good.
And in accordance with the activity that I had made in trading is that it's not necessary if you invest a huge amount of Bitcoin,
because for what I did now I just deposited amounting 0.0004BTC.

thirdprize

sr. member

Activity: 485

Merit: 274

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.

Cling18

full member

Activity: 1708

Merit: 126

Quote from: ?? on ??

i dare not to trade, holding woks better for me, let just say am too afraid to loss my little amount so i do not engage in trading, between i get into btc when the price was a bit high so now i will hold my btc as firm as i could till when i feel it is appropriate for me to sell, 95% of my assets are on alts and was kinda hoping the 2017 scenario would happen again otherwise would have dumped all my alts sooner for btc.

I'm also more into holding because I'm not that good at technical analysis and I'm still trying to learn more about it. So far I have earned almost 50% from my total holdings since last year and that's more than enough for me. I'm just waiting for the dump so I could accumulate again and hold it until another bull run comes.

Renampun

sr. member

Activity: 2338

Merit: 365

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

foxymethoxy

newbie

Activity: 8

Merit: 0

Quote from: Mrsonutiten on January 05, 2021, 11:44:09 AM

I only started to make money trading bitcoin when I ran out of ways to not lose money trading bitcoin,

This is a great quote and pretty much sums it up.

The hardest part of trading is realizing when you shouldn't be trading :p

Stocks are still much easier for me than daytrading simply because it forces me to wait 24 hours between the majority of decision making, as I don't feel like being a pattern day trader. Given those have some extrinsic value to believe in compared to just unreasonable expectations (as powerful as that is), there's something more to study, too.

Easily the biggest fund drain for most is the inordinate fees when making too many trades in too short a period. Often someone will end up changing positions so much they would have done better simply getting stopped out form the first one and taking a break.

Don't go all in and don't sell all. Perform steps and ensure that even if the price decides to sweep back the other way or further on, you can cut losses or capitalize as is reasonable.

You don't specifically need TA, but I find it to be a helpful source of "focus". Many people will overuse and rely on TA to the point they forget that TA is created and, as a result, fallible and not entirely reliable. It's a severe case of survivorship bias.

taufik123

legendary

Activity: 2646

Merit: 1815

Rollbit.com | Crypto Futures

I didn't make much from trading bitcoin. I am just an amateur trader who has minimal funds for trading. Even so, I remain optimistic and always learn technical analysis and fundamentals for good and correct trading and controlling emotions when trading.
I also use the source of funds from the signature fee to increase my trading capital. The important little profit is consistent.

ReiMomo

sr. member

Activity: 2366

Merit: 305

Duelbits - $100k Bonus/week

Not all the time you will always win in trading, trading is profitable if you have enough knowledge but if not, I don't think how risky it is since it will perhaps wipe out your capital if ever. People prefer to do holding and selling on the top, but sometimes it's hard to determine where is the top price or when it occurred.

Just wait and see if your profit was there, that was how did you make money on bitcoin, welling high, buying low. It doesn't mean that you are not in trading you will not earn profit in crypto.

stomachgrowls

hero member

Activity: 2982

Merit: 790

Quote from: carolineking89 on January 05, 2021, 05:37:08 AM

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

When people do saw that 3800 price or into those levels then lots or majority had thought that we would really be heading to 3 digit price or even do talk about bitcoin is dying.For those who had risk out on buying into those times are really making some serious profits as of this moment but to mention out on what i have done into those times then i did basically sell off my coins in loss when i purchased it or entered in 10k.
Even how experienced you are in this market, we are just human beings on not to commit up those common mistakes.

Buyback? Yes, i did make some buyback into those times but when bitcoin hits up in 10k again then i did sell of for some assurances on breaking even with past investment or trades.

When it playing around 11-12k then i do made out some purchase again and sell out when it hits up on 14k. Rinse and repeat thats why i cant really put up precise numbers yet ive been
actively trading basing off those movements.When i do saw opportunity then i do dive in but of course losing money is just part of the process.
Just be sustainable and persevere when you do deal with this volatile market.

Yatsan

legendary

Activity: 2436

Merit: 1232

Leading Crypto Sports Betting & Casino Platform

I can say that I have been earning more than enough of what are my basic needs through trading with Bitcoin which is somewhat like a bit of money. I cannot say that it is just small earnings but I cannot also say it is too big. My earnings through trading with Bitcoin is just on the average level which is already good because every trader that is trading with a volatile cryptocurrency just like Bitcoin is surely having also a hard time although it is unpredictable most of the time but ay least it is all worthy once you have gained on doing trading with it. As of thr moment, I am still trading and holding some Bitcoin at the same time for it is becoming more valuable as time passes by which can give me more gains if the rise will just continue.

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

I make a lot of money trading and holding bitcoin and other altcoins. Selling it at ATH 2021 for $ 40k is something that is awesome for me. I am very satisfied and happy to be at the top.
Apart from that, I also earn from P2P Binance as an official merchant. I can get thousands of dollars in Raspberry, and I work hard and it's not easy to get it. It takes patience and knowledge of trading to stay safe when it comes to the market and when is the right time to exit the market.

KennyR

hero member

Activity: 2310

Merit: 532

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

I could've made big out of trading with the bounties earned, but I didn't made use of the bounties at the right time. I used to try the process of buying low and selling high. Everytime we can't make it happen in the market, because the movements go in an unpredicted direction in no time. Also the capital investment is very small, so the returns will be according to the capital. Hoping to invest big and make a better revenue.

CryptopreneurBrainboss

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eXch.cx - Automatic crypto Swap Exchange.

Quote from: carolineking89 on January 05, 2021, 05:37:08 AM

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

Doubt anyone that has been trading bitcoin after this crash will have made more profit than someone that just held through all the ups and down of bitcoin until the present price it's currently trading. Not trying to say trading isn't profitabke but the risk associated with it compared to that of holding, I'll recommend investing to trading especially as noobs are the category of enthusiast in discussion.

Seems you're new to the industry as those that have spent about 3/5 years in the industry can recall bitcoin trading lowers value than that you highlighted in the OP. Although the crash came as a surprise to many, it won't be the first time we've experience similar scenario in the market. The corrections are always part of the market and soon you'll get used to it.

In regards to your question, I think it's best to keep that to yourself, don't make yourself vulnerable to hackers as you become a target due to the size of your account.

maydna

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Activity: 2912

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: ?? on ??

Quote from: carolineking89 on January 05, 2021, 05:37:08 AM

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 price value of Bitcoin so far was dumped again from 41k$ almost and now down to 36k$ almost I think
in which I think its a good time to others to buy again and for sure it will spike again in the market. And honestly, for me
while Bitcoin increase I made trade in altcoins actually.

Right now, the bitcoin price is down for more at $35k, and the red candle still appears on the market. I am sure that this downtrend is temporary, and will not stay for a long time (I hope). But if the price still goes down, we need to be careful, and not panic because we will not see a good sign to buy more bitcoin if we panic. We have a good time to buy more bitcoin this time, but we need to find out what price is good to buy because bitcoin price can go up anytime. I don't make too many bitcoin, but that is a good profit for me because I still try to make more profit, and hopefully, this is my good time to buy more bitcoin.

Cryptoababe

member

Activity: 898

Merit: 19

Do it For Better Humanity (Bitget trader)

Quote from: carolineking89 on January 05, 2021, 05:37:08 AM

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

So far, I've made 1000 dollars in bitcoin trading. During the crash to 3800 dollars, I lost all the funds in my exchange balance (which is not up to 1000 dollars) because I did not set stop loss. So I had to deposit again.

Hippocrypto

sr. member

Activity: 1484

Merit: 277

Quote from: carolineking89 on January 05, 2021, 05:37:08 AM

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 scenario is a big surprise nowadays, if we're frustrated from lower price of btc make it as an opportunity when you can purchase with slight amount. When you can do buy and sell, it's good enough to trade and earn good profit as well. Once the trend goes rapidly, we will able to achieve higher btc price then take our gains.

Shasha80

sr. member

Activity: 1876

Merit: 318

I once experienced a big profit in 2017, then in 2018 I suffered a big loss too. And for 2019 I prefer HODL, and collect Bitcoin by regularly buying
Bitcoin every month for about $ 100. And it doesn't feel like I am still HODL entering 2020, and I am lucky to buy Bitcoin when March 2020, which is
the price of Bitcoin is very cheap. Finally at the end of 2020 when Bitcoin hit the price of $ 20,000 I sold some of the Bitcoin I owned. And in January
2021 I was shocked that Bitcoin continued to rise, to be honest I regret selling Bitcoin at a price of $ 20,000. And I hope Bitcoin can be corrected to
the price of $ 20,000 to be able to buy more Bitcoin.

LimLims

sr. member

Activity: 1204

Merit: 272

1xbit.com

To be honest,
The direct answer to your question will be “a lot”
I saved around 0.2 BTC through the whole 2020, and boom i sold them now and it’s more than double.
Still i have 0.1 BTC to hold and i am sure i will make a huge money from it by trading.
There is no strategy that will work for second time, so my suggestion will be is to sell whenever you can and buy whenever you need.
Wish you all the best OP.

lifeforcepools

sr. member

Activity: 616

Merit: 253

I earn enough to count it as an extra income.

rijaljun

sr. member

Activity: 1274

Merit: 267

I'm not quite sure about it since it was combined from my winnings in gambling and my investment but what I'm sure about is that I'm gaining good profit with this bull trend now. The welcoming of the 2021 is really memorable for us since we have reached the all time high I'm really sure many of use will still going to earn a lot more this year.

Wulan_maniez

full member

Activity: 840

Merit: 102

I engaged little in trading, I bought bitcoin yesterday when it was $19k, at that time the price of bitcoin seemed to be high but if I look at today’s
price, that price can still give me an advantage, and I have no intention of selling my bitcoin, I will still keep it probably until the end of 2021
or 2022. That depends how much I want to take advantage of my bitcoin.

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