How to earn some profit trading BTC - page 3.

ethereumhunter

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Quote from: Questat on June 02, 2021, 09:33:11 AM

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Quote from: ethereumhunter on June 02, 2021, 05:38:13 AM

The news can not hold the price at the lower price forever because if the bitcoin price increases, it will still increase and the news will be behind that without giving much effect. The news can release to make people panic, but if you can prepare yourself, you do not need to worry and panic because you will have a way to prevent the loss that might happen to you. Carefully and not greedy is a good suggestion to make you know that after you take profit, you need to calm down and wait for what will happen next.

We care to listen to some news but of course, we have to analyze it so well and think wisely if that can be legit or just a FUD. Because some whales use this thing in order to manipulate the market and also the mind of the people. And whoever fallen into this trap, will certainly have to regret it.

And talking about greediness, I think we all have it. Yeah, I did as it helps me to motivate myself but I tried not to be too greedy, coz I know what will happen to me in the end.

They can use the news to analyze the market movement because sometimes, they're a sign that we can get and know where the market will move. Some whales like to make the market panic and give them a shock for their heart, so we need to prepare for anything. The people who fall into the whale trap do not analyze the market and just follow it and regret it.

As long as we can control the greediness, we will be okay. Maybe we need to have a target profit or percentage that we should take so when the price moves to our target price, and we can close the target. By doing that and with practice to control the greed, I am sure we can know when to leave the market.

Shenzou

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The overbaught/oversold strategy is pretty well known and i have tried it with things other than bitcoin and crypto like major currency pairs, and for the most part it works under certain conditions like no major news affecting it, but like any trading strategy it is not 100% fail proof plus you need to take into account the limits of how much you can invest and how far the site allows you to go with the trade, so my advice would to use this strategy alongside other indicators in order to determine the entry and exit point.

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Quote from: Peanutswar on May 31, 2021, 10:57:51 AM

There are different ways to earn in cryptocurrency or the Bitcoin itself but there's no accurate 100 percent you can earn. Trading bitcoin just a two factor for me one is to make short trading join the ride of the market volatility of having a long or short position the other one is the long term trading requires holding up your coin until you satisfied with your profit

Dude it doesn't have to be Bitcoin. You have the same non guarantees in any industry. Trading, like gambling, is only profitable if you are the house (or you are the broker charging management fees to your clients whose assets you are managing).

Trust me, there are many traders showing off now but this is the BULL market. Any fool can make money.

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Quote from: Questat on June 02, 2021, 09:33:11 AM

We care to listen to some news but of course, we have to analyze it so well and think wisely if that can be legit or just a FUD
-snip-

The problem here is that the market doesn't care much if you personally think it's FUD or not. As soon as false reports circulate, e.g. on Twitter, traders and especially weak hands react immediately and sell their coins, either to buy cheap again or out of panic.

This usually happens immediately after the publication of the news, so you have to have a huge portion of luck to catch the news immediately. Whales play with these news of course and also have the possibilities to push them specifically - see the 3 year old news that China wants to ban Cryptos. The "news" referred to the fact that the guidelines were only renewed, but it was "sold" as if this was complete news. The news triggered a price drop, the second shortly after Musk's tweet. Coincidence? I don't think so.

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Quote from: ethereumhunter on June 02, 2021, 05:38:13 AM

The news can not hold the price at the lower price forever because if the bitcoin price increases, it will still increase and the news will be behind that without giving much effect. The news can release to make people panic, but if you can prepare yourself, you do not need to worry and panic because you will have a way to prevent the loss that might happen to you. Carefully and not greedy is a good suggestion to make you know that after you take profit, you need to calm down and wait for what will happen next.

We care to listen to some news but of course, we have to analyze it so well and think wisely if that can be legit or just a FUD. Because some whales use this thing in order to manipulate the market and also the mind of the people. And whoever fallen into this trap, will certainly have to regret it.

And talking about greediness, I think we all have it. Yeah, I did as it helps me to motivate myself but I tried not to be too greedy, coz I know what will happen to me in the end.

ethereumhunter

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Quote from: mamahdedeh on June 01, 2021, 11:28:03 PM

Quote from: Coroline on June 01, 2021, 07:23:19 PM

Quote from: Hypnosis00 on June 01, 2021, 07:03:43 PM

I really appreciate the effort made by OP however, if we do it now nothing could assure that the results will be the same. Even we do the copy trading, it all comes with different output as it always depends on the market trend. If that works on you OP, just keep it and continue doing that. It might give help but I have to do my own and discover strategies that could be more effective than what I use before. As the market becomes more volatile, the more we have to be careful and make decisions wisely.

I totally agree with you, trading has trends and fundamentals. Market movements can suddenly have a positive trend and suddenly can also be a direct negative trend which results in falling too deep. Maybe 3 months ago the trend was positive because there were encouraging fundamentals like Tesla accepting payments with bitcoin, but now the market is crying. In trading it is not that easy to be careful and there are no guarantees in trading even if you follow other people's strategies.

especially in the crypto market, where news is still dominant in influencing market behavior. On the one hand, it is easy for fomo or fud to occur. therefore we must be careful and not greedy in taking profits. at this time maybe we can look for a buy area, and release it when the price goes up, but don't hold it for too long, because the price can drop drastically at any time

The news can not hold the price at the lower price forever because if the bitcoin price increases, it will still increase and the news will be behind that without giving much effect. The news can release to make people panic, but if you can prepare yourself, you do not need to worry and panic because you will have a way to prevent the loss that might happen to you. Carefully and not greedy is a good suggestion to make you know that after you take profit, you need to calm down and wait for what will happen next.

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Quote from: LUCKMCFLY on June 01, 2021, 07:52:25 PM

Particularly one of the ways to earn with BTC is by trading, many are dedicated to scalping, others simply put a position in LONG and the other defend it with a leveraged SHORT, this is a practice that comes from the 1800s, Jesse Livermore applied it, currently very few traders do it because it gives good results only when very high amounts are handled, it is similar to scalping.

The advantage of this strategy is that it is always in the market, if on the one hand it loses on the other it is recovering and there is the possibility that it will come out with a positive balance, although the strategy is very risky, many traders dedicate themselves to this practice.

There is only one strategy that it finds more effective to me and that is to buy low, Hold, sell high...and there is one thing that we need to apply, knows how to control our emotions and stick to the plan.

A lot of traders become unconscious because of so many trading strategies we found online, and they insisted that it really works on their side but how about our side. It found to be different depending on the market status and most likely, it won't work all the time as this promoter has said.

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Quote from: Coroline on June 01, 2021, 07:23:19 PM

Quote from: Hypnosis00 on June 01, 2021, 07:03:43 PM

I really appreciate the effort made by OP however, if we do it now nothing could assure that the results will be the same. Even we do the copy trading, it all comes with different output as it always depends on the market trend. If that works on you OP, just keep it and continue doing that. It might give help but I have to do my own and discover strategies that could be more effective than what I use before. As the market becomes more volatile, the more we have to be careful and make decisions wisely.

I totally agree with you, trading has trends and fundamentals. Market movements can suddenly have a positive trend and suddenly can also be a direct negative trend which results in falling too deep. Maybe 3 months ago the trend was positive because there were encouraging fundamentals like Tesla accepting payments with bitcoin, but now the market is crying. In trading it is not that easy to be careful and there are no guarantees in trading even if you follow other people's strategies.

especially in the crypto market, where news is still dominant in influencing market behavior. On the one hand, it is easy for fomo or fud to occur. therefore we must be careful and not greedy in taking profits. at this time maybe we can look for a buy area, and release it when the price goes up, but don't hold it for too long, because the price can drop drastically at any time

LUCKMCFLY

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Particularly one of the ways to earn with BTC is by trading, many are dedicated to scalping, others simply put a position in LONG and the other defend it with a leveraged SHORT, this is a practice that comes from the 1800s, Jesse Livermore applied it, currently very few traders do it because it gives good results only when very high amounts are handled, it is similar to scalping.

The advantage of this strategy is that it is always in the market, if on the one hand it loses on the other it is recovering and there is the possibility that it will come out with a positive balance, although the strategy is very risky, many traders dedicate themselves to this practice.

Coroline

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Quote from: Hypnosis00 on June 01, 2021, 07:03:43 PM

I really appreciate the effort made by OP however, if we do it now nothing could assure that the results will be the same. Even we do the copy trading, it all comes with different output as it always depends on the market trend. If that works on you OP, just keep it and continue doing that. It might give help but I have to do my own and discover strategies that could be more effective than what I use before. As the market becomes more volatile, the more we have to be careful and make decisions wisely.

I totally agree with you, trading has trends and fundamentals. Market movements can suddenly have a positive trend and suddenly can also be a direct negative trend which results in falling too deep. Maybe 3 months ago the trend was positive because there were encouraging fundamentals like Tesla accepting payments with bitcoin, but now the market is crying. In trading it is not that easy to be careful and there are no guarantees in trading even if you follow other people's strategies.

Hypnosis00

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I really appreciate the effort made by OP however, if we do it now nothing could assure that the results will be the same. Even we do the copy trading, it all comes with different output as it always depends on the market trend. If that works on you OP, just keep it and continue doing that. It might give help but I have to do my own and discover strategies that could be more effective than what I use before. As the market becomes more volatile, the more we have to be careful and make decisions wisely.

sheenshane

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The fact that trading isn't that just easy way of making money, in OP video might coincidence of something you've got lucky and I'm sure, you will not consistently have the same result in trading. Because others think that trading is a sort of gambling but with low risk if you know the technical and fundamental stuff.

OP should give a better output on how OP does it, something like a technical analysis explanation that shows proof of having accurate prediction, and in that case, it might there are a few members here who will follow his steps. In another case, it seems you have entered into a pump and dump group which is a very risky thing and might soon put you in the trap to their own benefits, it's better to stop while it's early.

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Engagement in Bitcoin specially when it comes into trading is a good thing to do but the toughest thing to be done due to its high volatility on which you will be tested on how you can be able to maintain, make it grow and of course earn profit from it as well. There is no standard way that is 100% accurate about earning profit with Bitcoin through trading which is the main struggle of traders that have engagement on it that causes for different strategies and approach from traders to arise depending upon the situation on which they think will be suitable and that can make them earn profit by that way.

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There are different ways to earn in cryptocurrency or the Bitcoin itself but there's no accurate 100 percent you can earn. Trading bitcoin just a two factor for me one is to make short trading join the ride of the market volatility of having a long or short position the other one is the long term trading requires holding up your coin until you satisfied with your profit

Having a video and a statement is not enough in my opinion it's better if we saw something we need to verify and make deep learning and understanding on it we want to avoid being dependent on other people's statements or thoughts.

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Quote from: ThatDevAaron on May 12, 2021, 12:58:43 PM

I recorded this video to showcase the best, most simple method for earning some quick profit whilest trading BTC.

https://www.youtube.com/watch?v=UgdJVz3ZTmE

I hate to say this but no matter what method we learn in cryptocurrency trading, there are no guarantees about profit because this is a highly volatile market with no astronomical guaranteed returns. Even if that trader is a so-called expert with his “unique” methods, still there are no guaranteed profits. No one is perfect, and you should acknowledge that man.

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Quote from: ThatDevAaron on May 12, 2021, 12:58:43 PM

I recorded this video to showcase the best, most simple method for earning some quick profit whilest trading BTC.

https://www.youtube.com/watch?v=UgdJVz3ZTmE

Well, I respect your opinion regarding about the video mate, but all of what you just said in there surely are based on your thoughts and
opinion only, besides as far as I know there is no such perfect traders can say the exact earnings when we do trade in the actual platform.
Just all I know that every time I do some activity in trading I always go for spot trading I don't care about the signal, indicators, margin and leverage.

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Quote from: Igebotz on May 28, 2021, 07:52:03 AM

I'm unfortunate when it comes to paying for a signal service I remember paying $100 for a future trading signal few weeks ago without making any money from it so it would do a lot of good to some of us if you could help us with you signal trading group and how legitimate it is?

Well buddy, is best you learn how to interpret charts then depending on signal providers, majority are scams and for those you feel or think are legitimate has alternative motive like enriching themselves. Basically what they do is pump and dump coins.

Before they send signals to their respective groups , they must have already taken position in those coins and would be the first set of users to profit from the trades.

There is no traders that doesn't understand what's is been hidden in the charts, without that you're no trader. Spend on yourself and go learn how to do the chart analysis yourself. Just as you have said, having the skills of interpreting your own makes trading more fun. We have platforms you can learn without consuming your time like the media platforms. Learn then earning would be easier.

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Quote from: AakZaki on May 28, 2021, 12:43:21 PM

Quote from: GelatikKembar on May 27, 2021, 02:04:12 PM

using a minimum capital of $ 10 can get a profit from trading Bitcoin Mate, you can trade on Binance futures,
because there is a capital of $ 10 with 10x leverage which makes the profits you get even bigger, yes of course it's not easy,
if you can read chart analysis so my advice is to trade, trade with pleasure and trade with discipline, good luck

$ 10 capital is too small, at least $ 50 is enough for a beginner.
however, trading on Binance Futures carries a greater risk, however, the returns will be faster than trading on the spot.
But for beginners trading on the spot is safer.
Trading also requires knowledge of technical and fundamental analysis because it is very important to know the price of Bitcoin or altcoin. do not trade without knowledge.

- Spot trading is the main area in the market in providing economic resources and wealth to participants, from novices to experts but profit line will develop trend very slowly, we need strong capital to win big in just a few times and the most optimal requirement in the analysis is the ticket price to buy to join the ship, it needs to be really cheap and discounted, it takes a lot of knowledge to complete such an optimization. Going in the direction of the future and having parts like raising capitalization with leverage, many people think profits will be quick but I just see our money being swallowed very suddenly and steadily

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Quote from: ThatDevAaron on May 12, 2021, 12:58:43 PM

I recorded this video to showcase the best, most simple method for earning some quick profit whilest trading BTC.

https://www.youtube.com/watch?v=UgdJVz3ZTmE

After wacthing your video i got conclusion that you only used RSI indicator. RSI inficator is the most known indicator to enter market and i agree with that, but you need to add another indicator like moving average and support + resistence to make sure that you are good to go or no. And i suggest not to trade with futtures. Trading in futures with margin can make you lose your money faster in crypto because of volatility.

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Quote from: GelatikKembar on May 27, 2021, 02:04:12 PM

using a minimum capital of $ 10 can get a profit from trading Bitcoin Mate, you can trade on Binance futures,
because there is a capital of $ 10 with 10x leverage which makes the profits you get even bigger, yes of course it's not easy,
if you can read chart analysis so my advice is to trade, trade with pleasure and trade with discipline, good luck

$ 10 capital is too small, at least $ 50 is enough for a beginner.
however, trading on Binance Futures carries a greater risk, however, the returns will be faster than trading on the spot.
But for beginners trading on the spot is safer.
Trading also requires knowledge of technical and fundamental analysis because it is very important to know the price of Bitcoin or altcoin. do not trade without knowledge.

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