Topic: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month - page 42. (Read 10811 times)

Today's XBT price broken a strong resistance lvl out. Was expecting this move and went short

Not really, it actually took me about a week to start trading again. What I did that week was deep studying of risk and money management. I saved the rest of my deposit with the help of scalping. The positions also were decreased. Are you familiar with the techniques to recover the deposit and what about your risks? Everything can be fixed


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Imagine the price goes up by more than $4k in less than 1 month, if you only have $10k of capital before, you have already made more than 2 btc. I think if you earn that much profit then you already have very large capital and qualified skills, so you should just focus on trading, and not do other work on real jobs, it will only waste your precious time

He made profit and that is good for him, however, it's still too early, I'm sure he will continue trading and life in trading is not like an easy journey, you have also have down times, so he will surely experience that. If he will remain profitable in the long run, that, we can conclude that the decision to quit his job was right.

Thank you for the support, it's really important to hear sth like that from a person with a similar experience. So you started to trade after a year?
I can share the screens, that's terrifying....

I feel what you are talking about. Learned the same lesson at about your age and as I can remember the sum of money was similar, but that time I was trading triple leveraged ETFs. Remember I lost everything I had, and I was going to lose even the first car I just bought. I was really devastated and decided to learn from it. By the way, it took me about a year to really get over the loss.

I decided to start fresh and just learn from it. It took me about a year to really get over the loss, but I bounced back and worked my ass off doing double shifts at the restaurant I worked at. Fast forward 11 years and I’m sitting in a paid off house that I never dreamed I would be living in at this age. You can do big things if you work hard and focus on your goals. The lesson I learned at 23 years old had a lot to do with the work ethic I have now that made me very successful financially. $10k is nothing to me nowadays. My crypto portfolio alone lost about $45k in value today and I’m having a beer right now feeling fine if that tells you anything.
My point is that your situation will change drastically in a few years if you choose to fight for it. It can get way better. The deciding factor is you. Now it is better to stop for a while, analyse the reasons an then start strading very carefully, that's my advice


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There are reasons behind the fact that why you would not make money in crypto if you quit job because the market never stays the same. You might be able to make money once or twice in trading but it cannot be promised that you will make money for the third time which means that you should have another source of business which would be able to fund your needs.

Wow, your results are very impressive. Not everyone knows the courage to quit their job. But you did it and it confirms that the risk is sometimes very useful.

Yes wit small care we can get save yourself from getting lose, there is not something very difficult but only have to avoid every site to Invest your money, in market there are many people who will be there to take advantage of your unawareness and carelessness so be very careful and choose good website, don’t bring any emotions and physiological problems in your way to earn.

it can happen if he has the right predictions, and uses enough money in trading. well that is the advantage of a trader. it's just that we don't know whether this will continue to happen. but 12 btc is really a lot of money for me.

the right choice for you if you get 12 btc profit is very big and you can continue to increase that profit. if your choice is trading, I think you can continue to improve your knowledge and trading skills better, so that profits can be greater

Some analysis for the current BTC price.



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12 BTC profit for the last month? You must be a whale or something that's why you are earning that kind of amount. That's about $90k and that's so big for a monthly salary. If you could get amount like that every month especially when the market is like this stable, job isn't needed anymore.

I already stopped.. I lost almost EVERYTHING… All my crypto and fiat funds… I was always believing in crypto and was buying ETH and BTC at the bottoms and the price was increasing. Even when the bear market reduced the value of my portfolio I didn’t give up.

Then the story was quite pleasant, with the market recovery I was actively speculating and increased my deposit from 0.02 BTC to 0.2. I was really euphoric. That was the time of my graduation and I was thinking to cover my tuition fees by my profits in crypto. I has trading for hours. The feeling of happiness came to me so quickly. And in the same mode it gone…

That time I dot known with leverages. Started trading at Bitmex (I see your screens are exactly from there).
So, I was confident in my strategy. I earned some more money and started my margin trading. That was a mistake. I did everything as before, but with one unexpected market movement I lost everything. Then started a revenge trading. And one more mistake followed. Willing to get back my money I used the ones I was saving for years… What I got is margin call and the one more margin call. The last money was lost tonight… What is left for now is zero. Zero deposit and zero desire. Seems like it is the end of my crypto trader career. Overall, I lost 1.6 BTC, which is probably  not a lot for you… But for me it is everything since I have just graduated. I feel really suppressed  writing it and sometimes I feel like I’d better have killed myself… I don’t know what to do.

Hello. I was starting from small steps and silly mistaked. I had no detailed plan for some time and suffered losses. What you see is the result of years. What did happen? Why did you lose  so much?
I suggest you not to trade for a while for sure.

Hey. I see you are successful in crypto. I’m crying my heart here, probably you could give me any piece of advice. I lost almost EVERYTHING…
How you survive..? I saw your statement. Feel like I won't have such ever. I'm lost and have no idea how to recover my funds...

Thank you for the comment. I cannot agree with you. The thing is that a full-time trader is the same job which requires lots of efforts. Personally I treat it like my own business. In the same manner, you spend your time working. It can be the analysis of the price charts or your own stats. Making up some algos and adjusting the strategy. This way, when you trade full time you have no distractions. You are focused on your trading aims and, therefore, getting more result.
I am not against trading part time, it is a good option, but in some cases going full-time means multiplying your profits.

12btc? Wow, that was quite a lot. Pretty sure you invested much that's why you profited that amount and you also have a pretty good skill. That must be time consuming and I can imagine the effort you gave on it since you are now a full-time trader. I know skillful traders can earn but honestly I really don't have an idea on how much they can potentially earn. Your earning exceeded my expectation.

Hey, sure, will try to help

Thank you!
May I write you on my case in pm? I'm really in complicated situation