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Topic: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month - page 35. (Read 10811 times)

full member
Activity: 418
Merit: 103
Congratulations, You made a huge profit, so it's better to quite the job. But not everyone is good at trade like you so I am not in leaving the job side. I will be waiting to see some of your trading technique here! 12 BTC profit I can't even dream! Good job, mate!
with 12 btc you can establish your own business in addition to trading. but that is my dream if I get lucky like you. and leaving work is the best way, because no matter how small we set up a business, we are still the boss

With the 12 BTC which is more than 130K USD at this moment, I can easily set up a new offline business! Though Bitcoin price will go more higher and if it reaches at 15K USD then I would choose to sell 6 BTC and another 6 BTC will remain the holder portfolio. Besides online trading, we need to build up something in offline! That could be farming, shop, marketplace!
newbie
Activity: 6
Merit: 0
Well not everyone could do the same decision that you took and not everyone could gain some big profit like yours.
We have some traders who have been in the industry for so long but still couldn't make the profit that you gain.
And I admire your courage on risking everything just to focus on trading luckily you made the good decision and I think you made more money in it compare to your previous job.
totally agreed! one of my friend has been after leaving his job and start full time, but everytime he is about to, something happens and he changes his mind.

your story is very courageous, will definitely show him this thread.
member
Activity: 368
Merit: 18
Well not everyone could do the same decision that you took and not everyone could gain some big profit like yours.
We have some traders who have been in the industry for so long but still couldn't make the profit that you gain.
And I admire your courage on risking everything just to focus on trading luckily you made the good decision and I think you made more money in it compare to your previous job.
member
Activity: 434
Merit: 34
My logic is, if you can make 12 btc through trading, why you still need to open other bussiness? Just stick with your trading strategy and keep improve your skills rather than open another bussiness which you can't make sure you can make profit from that

trade there's risk to loss preview profits, not bad idea to open another bussiness for an extra income


The idea is that business brings also risks and troubles. And losses. It is interesting as well to realize yourself in it and get extra profit, but trading gives you more freedom and absence of some not very pleasant moments typical of business, spesifically at the first its stages

Anyway, I support the idea of extra income in case of black swans... that's why have an "emergency exit" to other area to work at

Consider it to be a wise idea.
Did you catch recent BTC moves?

Definitely yes.

Here's the latest trade

Closed long position on $BTC (opened yesterday).  
Waiting for more movements, that's getting more interesting

newbie
Activity: 22
Merit: 0
My logic is, if you can make 12 btc through trading, why you still need to open other bussiness? Just stick with your trading strategy and keep improve your skills rather than open another bussiness which you can't make sure you can make profit from that

trade there's risk to loss preview profits, not bad idea to open another bussiness for an extra income


The idea is that business brings also risks and troubles. And losses. It is interesting as well to realize yourself in it and get extra profit, but trading gives you more freedom and absence of some not very pleasant moments typical of business, spesifically at the first its stages

Anyway, I support the idea of extra income in case of black swans... that's why have an "emergency exit" to other area to work at

Consider it to be a wise idea.
Did you catch recent BTC moves?
member
Activity: 434
Merit: 34
My logic is, if you can make 12 btc through trading, why you still need to open other bussiness? Just stick with your trading strategy and keep improve your skills rather than open another bussiness which you can't make sure you can make profit from that

trade there's risk to loss preview profits, not bad idea to open another bussiness for an extra income


The idea is that business brings also risks and troubles. And losses. It is interesting as well to realize yourself in it and get extra profit, but trading gives you more freedom and absence of some not very pleasant moments typical of business, spesifically at the first its stages

Anyway, I support the idea of extra income in case of black swans... that's why have an "emergency exit" to other area to work at
member
Activity: 434
Merit: 34
Long it!
Use rollbacks to increase the position.
Still in long, using trailing stop.

hero member
Activity: 1022
Merit: 500
BTC trading for the last month would be the best times because in that period btc price rally to $11,500. Trading would be really good, but be careful to still strategized. It's amazing that you earned 12 BTC in that period. Wishing that I also earn that much this period.
member
Activity: 434
Merit: 34
Here is my trading performance for a couple of month. The major conclusion is that all this is possible. Just treat trading in a right way.

The trades and rules I use are here and in twitter https://twitter.com/MarkRobTrades

Cheers!


member
Activity: 434
Merit: 34
Congratulations, You made a huge profit, so it's better to quite the job. But not everyone is good at trade like you so I am not in leaving the job side. I will be waiting to see some of your trading technique here! 12 BTC profit I can't even dream! Good job, mate!
with 12 btc you can establish your own business in addition to trading. but that is my dream if I get lucky like you. and leaving work is the best way, because no matter how small we set up a business, we are still the boss
My logic is, if you can make 12 btc through trading, why you still need to open other bussiness? Just stick with your trading strategy and keep improve your skills rather than open another bussiness which you can't make sure you can make profit from that

The idea is that business brings also risks and troubles. Also losses. It is interesting as well to realize yourself in it, but trading gives you more freedom and absence of some not very pleasant moments typical of business, spesifically at the first its stages
member
Activity: 434
Merit: 34
can someone tell me how to set a stop loss ?
or is there any article/thread that explained stop loss with easy to understand

Here are general advices on stop loss setting

https://twitter.com/MarkRobTrades/status/1141351767868870656

Try to make you risk-reward ratio 2:1 or more (proven by time)
If you need more detailed explanations, I will make a post later  Smiley
thank you,
i hope you can explained it more like giving a screenshot of your example stop-loss order so we will have an idea to figure out how to set a stop-loss in a right way.
I'm gladly waiting for your post anyway and don't forget to share the link of it   Grin

Above you can find an illustration of stop-loss setting
2:1 is a good profit-loss ratio, but consider volatility and overall movement of the price

Hope that would be useful for you!
member
Activity: 434
Merit: 34
ETH is still indecisive. Here is a simple illustration of how to set stop-losses

member
Activity: 434
Merit: 34
TRON is increasing gradually. Already bought some corn to watch the next beautiful movements and increase the position.
member
Activity: 434
Merit: 34
ETH price analysis
Hope for the best

newbie
Activity: 41
Merit: 0
So for this day trading, there's has to be a lot of losers who lose big, for everyone who wins big. Isn't there always the possibility of losing more than you would had made working?
Yes there is . you once said that you can earn big on trading and that winning is much more bigger than in what will you have earnt on working on your regular job outside the crypro scene but there are also a possibility that you can loose what you already earn and whats worst is that you can loose more evenly  .


I don't remember saying that. Though I do think it's a worthy risk to continue. Just worry about those who are not good at it.
sr. member
Activity: 770
Merit: 298
tozex.io
can someone tell me how to set a stop loss ?
or is there any article/thread that explained stop loss with easy to understand

Here are general advices on stop loss setting

https://twitter.com/MarkRobTrades/status/1141351767868870656

Try to make you risk-reward ratio 2:1 or more (proven by time)
If you need more detailed explanations, I will make a post later  Smiley
thank you,
i hope you can explained it more like giving a screenshot of your example stop-loss order so we will have an idea to figure out how to set a stop-loss in a right way.
I'm gladly waiting for your post anyway and don't forget to share the link of it   Grin
member
Activity: 434
Merit: 34
ETH crossed 300 moving in a confident upwards range. Finally.

member
Activity: 434
Merit: 34
can someone tell me how to set a stop loss ?
or is there any article/thread that explained stop loss with easy to understand

Here are general advices on stop loss setting

https://twitter.com/MarkRobTrades/status/1141351767868870656

Try to make you risk-reward ratio 2:1 or more (proven by time)
If you need more detailed explanations, I will make a post later  Smiley
sr. member
Activity: 770
Merit: 298
tozex.io
can someone tell me how to set a stop loss ?
or is there any article/thread that explained stop loss with easy to understand
member
Activity: 434
Merit: 34
Long-awaited movement. Great weekend indeed! Was in $BTC long for some days, increased the position. Feel excited

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