If You Had 20Bitcoin To Trade With...

rizkyhiw

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Quote from: GregH37 on November 29, 2016, 01:42:09 AM

Quote from: equator on November 27, 2016, 08:56:17 AM

I totally agree with you in regards of investing in ICO but their are some ICO which are really genuine but the main thing is you have to wait long just like Bitcoin when 2 or 3 yrs back it was nothing and today it is everything. So ICO are good but it is upto us to pick the right one and do some trading and try to take out the invested bitcoins.

Yes some ICOs proved very profitable, but to me I think in present time if you simple hold the 20 bitcoin you can make good profit more than anything else, therefore to me holding bitcoin for a long term can give you also a good profit. You do not need to take risk with devs of altcoins and their ICOs to invest your bitcoins.

i would never hold all my bitcoin , split it for daily usage
spend bitcoin more helpful for bitcoin price rise up
so i would like to suggest everyone to always split it to 30% hold for long term investment and the rest to spend
spend it for online shopping and spend in for something productive like to trade it in altcoin exchange.

wxa7115

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Quote from: Mzie on August 04, 2016, 08:07:01 AM

What would be your ultimate strategy to trade safely with 20BTC, cashing in a minimum of 1BTC a day. Also what would be the altcoin of your choice to trade in?

Unless you are some kind of super genius or very lucky pulling those numbers is impossible, since to earn 1 BTC with 20 BTC you will need a rate of 5% per day, most banks don't give you that in a year.

serjent05

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Quote from: GregH37 on November 29, 2016, 01:42:09 AM

Quote from: equator on November 27, 2016, 08:56:17 AM

I totally agree with you in regards of investing in ICO but their are some ICO which are really genuine but the main thing is you have to wait long just like Bitcoin when 2 or 3 yrs back it was nothing and today it is everything. So ICO are good but it is upto us to pick the right one and do some trading and try to take out the invested bitcoins.

Yes some ICOs proved very profitable, but to me I think in present time if you simple hold the 20 bitcoin you can make good profit more than anything else, therefore to me holding bitcoin for a long term can give you also a good profit. You do not need to take risk with devs of altcoins and their ICOs to invest your bitcoins.

But the OP requires or ask you how you will earn 1 BTC out of 20 BTC fund. I don't think holding 20 bitcoin will gain 1 BTC everyday. It is also hard to say that you will get an average of 1 BTC everyday with your ICO profit after it is listed in the exchange and you need to encash. If the ICO runs for 30 days, you need a profit of 150% of your investment.

Anyway, i think it will be hard to have a daily profit of 5%, but it is achievable since assuming I am a professional trader. Just need to trade strong coins like ETH, Lisk, monero etc. and get along with the dance of their prices.

GregH37

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Quote from: equator on November 27, 2016, 08:56:17 AM

I totally agree with you in regards of investing in ICO but their are some ICO which are really genuine but the main thing is you have to wait long just like Bitcoin when 2 or 3 yrs back it was nothing and today it is everything. So ICO are good but it is upto us to pick the right one and do some trading and try to take out the invested bitcoins.

Yes some ICOs proved very profitable, but to me I think in present time if you simple hold the 20 bitcoin you can make good profit more than anything else, therefore to me holding bitcoin for a long term can give you also a good profit. You do not need to take risk with devs of altcoins and their ICOs to invest your bitcoins.

hisuka

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To cashout of 1 bitcoin a day is hard, if I had 20 bitcoins I would
choose half of it to invest in recyclix where the program is working
for a many years. And half of my bitcoin Ill trade it on altcoins,
I choose altcoin were I can earn profit.

2double0

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If I had 20 Bitcoins, I wouldn't have traded them but would rather have made a bet on Donald Trump as I was sure that he would win.
That would have given me many more coins for that sort of trading, I mean trading my coins on the name of someone.

equator

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Quote from: BitcoinHodler on November 27, 2016, 08:40:39 AM

Quote from: Potato Chips on November 27, 2016, 06:13:44 AM

Cashing out 1 btc a day wil be hard even if you're a veteran. To actually earn from your investments, you need time for it.

to be able to earn $730 every day as profit you need to invest a lot of money because daily interests are not that big to generate you that kind of money even during the pumps.

Quote

My first step would be to invest my 20 btc in different things. The half of it which is 10 btc will be in bitcoin. I will buy a bitcoin then keep it in a bread wallet or hardware one.

Then the 8 btc is to invest on some promising altcoins/ICOs and the rest will on some gambling site.

it is good to diversify but i can never agree on investing in any of the ICOs because these days scammers are spread in the altcoin market and they are trying their best to rob us with schemes like ICO.

I totally agree with you in regards of investing in ICO but their are some ICO which are really genuine but the main thing is you have to wait long just like Bitcoin when 2 or 3 yrs back it was nothing and today it is everything. So ICO are good but it is upto us to pick the right one and do some trading and try to take out the invested bitcoins.

BitcoinHodler

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Quote from: Potato Chips on November 27, 2016, 06:13:44 AM

Cashing out 1 btc a day wil be hard even if you're a veteran. To actually earn from your investments, you need time for it.

to be able to earn $730 every day as profit you need to invest a lot of money because daily interests are not that big to generate you that kind of money even during the pumps.

Quote

My first step would be to invest my 20 btc in different things. The half of it which is 10 btc will be in bitcoin. I will buy a bitcoin then keep it in a bread wallet or hardware one.

Then the 8 btc is to invest on some promising altcoins/ICOs and the rest will on some gambling site.

it is good to diversify but i can never agree on investing in any of the ICOs because these days scammers are spread in the altcoin market and they are trying their best to rob us with schemes like ICO.

Potato Chips

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Cashing out 1 btc a day wil be hard even if you're a veteran. To actually earn from your investments, you need time for it.

My first step would be to invest my 20 btc in different things. The half of it which is 10 btc will be in bitcoin. I will buy a bitcoin then keep it in a bread wallet or hardware one.

Then the 8 btc is to invest on some promising altcoins/ICOs and the rest will on some gambling site.

Zadicar

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Quote from: RoommateAgreement on November 26, 2016, 11:03:37 PM

Quote from: Mzie on August 04, 2016, 08:07:01 AM

What would be your ultimate strategy to trade safely with 20BTC, cashing in a minimum of 1BTC a day. Also what would be the altcoin of your choice to trade in?

hold 10 bitcoin in cold storage. and trade with the rmaining 10 bitcoin

with that 10BTC i would start buying a couple of altcoins that i have faith int thier price rise and then buy low and sell high the as much as i can until bitcoin price starts showing some movement signs and then i dump all my altcoins coming back to bitcoin joininig in the rise

If you are good on seeing a good potential altcoin then you will sure make profits especially when prices will rise but as we all know we dont still know when it will happen.
10 bitcoin holding will be wise because bitcoin does continue to rise on longer runs compare to altcoin but when those alts tend to move we could still make profits that we cant make into bitcoin.

RoommateAgreement

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Quote from: Mzie on August 04, 2016, 08:07:01 AM

What would be your ultimate strategy to trade safely with 20BTC, cashing in a minimum of 1BTC a day. Also what would be the altcoin of your choice to trade in?

hold 10 bitcoin in cold storage. and trade with the rmaining 10 bitcoin

with that 10BTC i would start buying a couple of altcoins that i have faith int thier price rise and then buy low and sell high the as much as i can until bitcoin price starts showing some movement signs and then i dump all my altcoins coming back to bitcoin joininig in the rise

ChronoLite

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Quote from: jcojci on November 26, 2016, 12:40:58 AM

this is what i will do with 20bitcoin:

1. put 10 bitcoin into my wallet
2. make deposit 5 bitcoin into market in bitcoin with altcoin
3. make deposit 5 bitcoin into market in bitcoin with fiat

i think its enough for me to start trading with that amount and i hope i can increase the balance on the market exchange.

It's easy to say but hard to do , even you make a plan like those it's possible to ruined the plan with some circumstances.
Even it's hard , but possible to do if you do it slowly and not hope for quick return.

SmartIphone

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Quote from: rizkyhiw on November 23, 2016, 05:50:27 PM

Quote from: SmartIphone on November 23, 2016, 07:30:29 AM

But still there are many places if we analyze it well, for example forex, ico and altcoin trading is a large range.
For someone 20 bitcoins is a huge money but for hard worker traders is a good starting amount.

ideally you have to split it to several trading field and altcoin short term investment
also do both a day trading and long term trading style to maximize profit and avoid losing too much
having multiple exchanges also always recommended
besides to take advantage to do an arbitrage trading , also to avoid something unexpected like what happened to mt gox and bitfinex.

I don't prefer to have my money in multiple places because I don't feel safe if my money are in many exchanges.
Altcoin is a good way to generate bitcoins but if someone can't, don't know or don't have time and skills then trading is not good as it can be bad too.

jcojci

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this is what i will do with 20bitcoin:

1. put 10 bitcoin into my wallet
2. make deposit 5 bitcoin into market in bitcoin with altcoin
3. make deposit 5 bitcoin into market in bitcoin with fiat

i think its enough for me to start trading with that amount and i hope i can increase the balance on the market exchange.

hakanbalta577

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With 20 Btc i think it would be easy to do day trading for me in bitcoin exchanges rather than altcoins trading because i think altcoin trading is much more risky and with 20BTC i dont think there is need to take risk,and its for me but who are expert in altcoins trading they can surely do it safely.
But i dont understand cashing out 1btc daily with it,i dont think its possible.

lol3c

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Quote from: upsidedown75 on November 22, 2016, 01:46:41 AM

Quote from: SmartIphone on November 21, 2016, 07:13:41 PM

Distributing in few places is better than focusing only on one or more than 3.

This must be the right option to go with 20 bitcoins. If I have 20 bitcoins I will start trading in Forex, bitcoin and altcoin markets. Also I will prefer to invest into new ICOs, as they are very much promising to have multiple returns in quick time.

When we are having more options to trade, we will have risks also distributed and it will get chances to have some consistent returns on daily/weekly basis.

Nice choice. This will help you to avoid losing bitcoin from others source of earning. Focusing in only one field can easily make you regret. Separating your capital is a smart way to manage your bitcoin.
ICO is always a good way to earn maximum profit with bitcoin but you never know whether the new crypto is going to rise or not

Supercrypt

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Quote from: The_prodigy on November 24, 2016, 10:04:44 AM

Quote from: Mzie on August 04, 2016, 08:07:01 AM

What would be your ultimate strategy to trade safely with 20BTC, cashing in a minimum of 1BTC a day. Also what would be the altcoin of your choice to trade in?

My ultimate strategy in trading is im going to devide this 20 bitcoin into four 5 bitcoin for eth and 1 bitcoin for doge and 1 bitcoin for xaur and 1 bitcoin for those altcoin growing (anything just to make profit) and 5 bitcoin for icos or and other is for reserve.

Yes that is I think a wise decision, I will also like to do so, but I think I am not going to invest all of them in alt coins, I think I will hold some for gambling and for my family shopping. Simply saving some of bitcoins itself will get me some great profits over time so saving also definitely will be part of my plans.

Victorycoin

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20 BTC as of date is very close to $15000. With that much at my disposal for trading, there really won't be a need to still give room for those sure to never succeed approaches, instead I would throw my weight behind buying and holding bitcoin, which have been proven to work. I would introduce a little extra tweaking to make it more resilient like splitting the money into say six equal parts and implement a grid strategy on it and count on the fact, that the volatility of the market would ensure the market does not go on indefinitely in any one direction.

FlamingFingers

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If I had had 20BTC, I would have bought a house and a nice car (not a fancy one, of course, but a nice functional one) Grin

.

BUT if I wanted to trade with them I'd follow one of these two paths:
1-Split the 20BTC on four markets, try investing them in different altcoins (an altcoin per market).
Advantages:You will end up with 20-40 BTC In a relatively short time (depending on how smart you are in trading) Shocked

.
Disadvantages:

Your daily time consuming (as you spend more time on the four markets watching your precious altcoin growing or.......).
Risk of losing your coins is 4 times more than the normal trading risk (probably a heart attack?).
A huge time spent on altcoins researching and finding the best coins to invest in.

2-Invest 5BTC in one market and keep 15BTC in your wallet (invest the 5BTC in one altcoin or different altcoins in that market, your call). Through this trading/investment try to maximize your profits and seek knowledge of the best altcoin to invest in, that way you are sure to take your next trading to a better level and better profits

.

For me, I would go with the second (not safer but less riskier), but if someone got high trading expertise, skills, time and balls to go on the first path, he can surely make some big and nice BTC profits Wink

.

The_prodigy

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Quote from: Mzie on August 04, 2016, 08:07:01 AM

What would be your ultimate strategy to trade safely with 20BTC, cashing in a minimum of 1BTC a day. Also what would be the altcoin of your choice to trade in?

My ultimate strategy in trading is im going to devide this 20 bitcoin into four 5 bitcoin for eth and 1 bitcoin for doge and 1 bitcoin for xaur and 1 bitcoin for those altcoin growing (anything just to make profit) and 5 bitcoin for icos or and other is for reserve.

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