I quit my job to do full-time crypto-trading. Made 12 BTC profit last month - page 7.

reallester

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http://Moonbet.io

Quote from: Mark_R on May 23, 2019, 05:26:37 AM

Hey. I'm Mark. Shortly about myself: quit my major job to earn my way by trading and it exceeded my expectations. What I got from it that everything is possible, guys.

Here will be the deals I make, some of the stuff to continue the learning curve and anything I found interesting to share with you.
Disclaimer: None of this is financial advice, do your own research, share and earn.

[ 12 years in trading, 4 years in crypto trading ]

Here's one of them:

Each deal is a piece of art

Follow me on Twitter to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTrades

Wao. This is a big bold step you have taken. Am glad and impressed that it paid you off. Its always a big difficult decision to quit one's major job for crypto. You must have acquired a lot of crypto trading to have made such a huge profits in space of few months.

Mark_R

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Quote from: STT on February 20, 2020, 02:47:32 AM

I have a similar kind of outlook, I'm surprised there is a channel downwards already. I think the recent push upwards to the region of 10500 was like a confirmation of the break from the rising channel. Now its fallen from there and that was a channel lasting over a month maybe, that magnitude should mean we get some kind of sell beyond a normal cycle or flip between bullish and bearish.

Looks realistic. Here is my view:

The price is experiencing war of trends, as inside the upwards trend the one declining is forming. Besides, bearish sentiment is identified by a cross of 50 and 100 MA. The major levels are $10500 and $9500.

STT

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I have a similar kind of outlook, I'm surprised there is a channel downwards already. I think the recent push upwards to the region of 10500 was like a confirmation of the break from the rising channel. Now its fallen from there and that was a channel lasting over a month maybe, that magnitude should mean we get some kind of sell beyond a normal cycle or flip between bullish and bearish.

Mark_R

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I've been asked several times on my software to manage risks.

This is what I mostly use currently:

1) https://www.bitinsure.com/

It is an automated risk monitor. I set the limits like max drawdown and other options at several Bitmex accounts and Bitinsure sends a notification since the limit is reached. This way I can have a rest and get notified when sth goes wrong. Also, it provides automated statistics reporting. This thing is useful for trades analysis

2) https://3commas.io/
I'm not a fan of trading bots but these I'd recommend. However, always track the performance and comply with risks (app above)

Your software to improve trading?

Mark_R

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The price broke the trend after bearish flag formation. Currently, it is moving in a downwards channel and if there is no upwards impulse, it will decrease to the lower border of the channel.

wiss19

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Quote from: bitbunnny on February 16, 2020, 06:07:20 PM

It's very had to believe that someone has made 22 Bitcoins profit in a month.
Anyway, to make for a living just from Bitcoin trading is very hard and I know that only few made it. It's very demanding and risky and you can't never be sure if you will make enough to cover all your necessary expenses.

So to my opinion to quit a steady job because of trading is very brave but also foolish and it's kind of lottery. Those who are so successful in trading that they can live from it are worth admiring.

Trading needs knowledge. Not everyone can quit their jobs to start with trading as it would only give them loss and also most of those might have to face bad financial times. That would never be preferred to anyone. OP was successful in earning 12 BTC and that is really a huge amount which might have not made OP think about the job he quit but for others, we might even regret if we did not find any profits in trading and for that we quit our full time job.

We should not entirely rely on cryptocurrency trading as it might not always be profitable. The markets might move in opposite direction in a glance if eye.

chimdikweks

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Quote from: bitbunnny on February 16, 2020, 06:07:20 PM

It's very had to believe that someone has made 22 Bitcoins profit in a month.
Anyway, to make for a living just from Bitcoin trading is very hard and I know that only few made it. It's very demanding and risky and you can't never be sure if you will make enough to cover all your necessary expenses.

So to my opinion to quit a steady job because of trading is very brave but also foolish and it's kind of lottery. Those who are so successful in trading that they can live from it are worth admiring.

I wouldn't call it foolish, if the individual in question seems to have done his/her research before starting, then i see no point while it should be seen as a foolish adventure, life itself its risky and taking calculated risks can be rewarding, i do understand that trading its risky, infact i got my hands burnt several times and had to stay out till date, so whatever rocks your boat that's legit and you feel you can make a living out of it, its worth the risk

Mcoinzy

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Quote from: comptant on February 16, 2020, 05:13:42 PM

Nice. What about this cost of transactions will be reduced by half thing?

If your talking about the halving that everyone refers to, that has nothing to do with the cost of transactions. It refers to the halving of the coinbase rewards miners receive for validating transactions and securing the blockchain.

rodskee

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Quote from: comptant on February 16, 2020, 05:13:42 PM

Nice. What about this cost of transactions will be reduced by half thing?

what do you mean decreasing by Half the transactions?what is the connection about OP is doing Trading Full time and quitting His job?i believe there is none .

Quote from: comptant on February 16, 2020, 10:51:39 AM

Everything doping down. Any ideas to where it might drop to?

if the market is dropping then better be ready for losing or waiting for recovery that will be a tough decision whenever the market goes this way.
or else never Buy when the market is climbing but but when market is falling.

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

It's very had to believe that someone has made 22 Bitcoins profit in a month.
Anyway, to make for a living just from Bitcoin trading is very hard and I know that only few made it. It's very demanding and risky and you can't never be sure if you will make enough to cover all your necessary expenses.

So to my opinion to quit a steady job because of trading is very brave but also foolish and it's kind of lottery. Those who are so successful in trading that they can live from it are worth admiring.

comptant

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Nice. What about this cost of transactions will be reduced by half thing?

iamaruf

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Vave.com - Crypto Casino

Quote from: comptant on February 16, 2020, 10:51:39 AM

Everything doping down. Any ideas to where it might drop to?

Predict exact bitcoin price is hard.Because bitcoin can turn anytime.But I think bitcoin price can go down 9200$ to 9500$. After that it will be stable in 10k$. But I don’t think bitcoin will remain around 9k for long time.hope we will see 10k$-11k$ within 1st week of March.

comptant

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Everything doping down. Any ideas to where it might drop to?

Twentyonepaylots

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Quote from: bitzizzix on January 27, 2020, 06:21:02 AM

Most people are afraid to sacrifice jobs to do full time trading, because they don't want to lose both and are very risky.
and indeed if you really want to become a profitable trader, you must have full time in trading without involving work and other thoughts besides focusing on trading and to produce maximum results.

One thing that could be holding people back from leaving their Nine to Five work is the fact that they have little to no knowledge about trading. They doubt themselves thinking that they won't go far and depend on the next feasible way to earn money which is through employment. Everyone here believes that there is much more in life than your cubicle at work but not everyone had the balls to leave it. I once belong to that group of people and I can understand, the risk is just too high to drop your job for it. With employment you can ensure yourself for the day. But what these people don't remember is that tomorrow is just as important as today. They tend to forget about prudence and just let the tides decide.

Mark_R

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Quote from: Mark_R on February 14, 2020, 02:22:26 AM

Bitcoin futures, 1H
Beautifully formed falling wedge
Waiting for a downward Impulse

The awaited impulse just came! TA works.
P.S. What I see here is lots of stop-losses that worked in an hour😶

Mark_R

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Bitcoin futures, 1H
Beautifully formed falling wedge
Waiting for a downward Impulse

Globb0

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Free spirit

Quote from: Mark_R on January 31, 2020, 01:58:47 AM

Time for January results🤩

The year started in a right way. Traded mostly BTC and ETH futures, sometimes BNB. Played with scalping.
6 BTC in a month is a good start for the 2020 earning journey!

Maybe this graph would benefit from incorporation of the total bitcoin owned

Mark_R

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Even though BTC price faced a strong resistance of $10000, it is still in a bullish range and has already 3 points proving upwards trend along with the MAs signal.

Mark_R

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While everyone was talking about Tesla, BTC continued moving according to logic scenarios. Opened long at confirmation candle at the support and currently closed a half. The $10,000 level is a point either for reversal trend or for a breakout

John404

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As i am a beginner of crypto-trading part, I have a little bit idea about this part. So,i have to understand or study pros an cons of this trading part. Then,i will be in a decision which will be better. Anyway,best of luck.

Topic: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month - page 7. (Read 10811 times)