Topic: If You Had 20Bitcoin To Trade With... - page 6. (Read 5661 times)
1 bitcoin daily out of 20 bitcoin investment is a long shot,you cannot do it immediately without resorting to almost gambling all your bitcoin,you have to a long research on what altcoins are the best to invest,separate it to long term and short term ,but put more emphasis on long term high yield investment ..
Try to buy altcoin choose top 20 in coinmarket give them 1 btc each an hold it for a long time and you graually wait for the price of those altcoin to be high..
i will do 8BTC in bitcoin-USD 8BTC in altcoin-btc and 4 i keep at hand so that if i could find an opportunity in some place invest it right then and there and won't have to close any position for that.
I'm not really familiar with Casino bankrolls
it means you invest in the casino itself and become a partner in their profit and loss and share in everything.
but this is still risky, not as risky as gambling itself but it is still risky because there are whales who win big, also there are people who exploit some bug in the system and withdraw a huge amount so casino loses and you share in the loss too.
If someone gave me that amount to trade with I would probably split it in half. I would put 10BTC into casino bankrolls, I class this as a safe investment and gives me the option to withdraw whenever to add to the funds I would trade with. The other 10BTC I would use to trade either cfds or btc/usd. This is because i don't like trading altcoins and prefer to trade something less volatile. In case I lose some of the 10BTC I trade with I would transfer some from the casino bankroll, any profit I would invest back into the casino bankroll.
I'm not really familiar with Casino bankrolls
it means you invest in the casino itself and become a partner in their profit and loss and share in everything.
but this is still risky, not as risky as gambling itself but it is still risky because there are whales who win big, also there are people who exploit some bug in the system and withdraw a huge amount so casino loses and you share in the loss too.
If someone gave me that amount to trade with I would probably split it in half. I would put 10BTC into casino bankrolls, I class this as a safe investment and gives me the option to withdraw whenever to add to the funds I would trade with. The other 10BTC I would use to trade either cfds or btc/usd. This is because i don't like trading altcoins and prefer to trade something less volatile. In case I lose some of the 10BTC I trade with I would transfer some from the casino bankroll, any profit I would invest back into the casino bankroll.
I'm not really familiar with Casino bankrolls
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?
Cashing up with 1 bitcoin a day is quite hard you're likely to lose if you are going to do gambling so I would just buy altcoin for short and long term profits,altcoins that has a huge daily volume which have been traded for the last 6 months and listed on the top 10 of coinmarketcap I will also allocate funds for Ico for promising altcoins..
i will use half of 20 BTC in a 2 way :
separate it 5 BTC and 15 BTC
1. i keep 5 BTC in cold storage as backup budget
2. i will separate 15 BTC in 3 market, each will be 5 BTC so its become 15 BTC
3. from each market, i will separate again 5 BTC into 3 BTC for trading btc-altcoin and 2 BTC for trading btc-fiat
thats what i am doing if i had 20 BTC.
separate it 5 BTC and 15 BTC
1. i keep 5 BTC in cold storage as backup budget
2. i will separate 15 BTC in 3 market, each will be 5 BTC so its become 15 BTC
3. from each market, i will separate again 5 BTC into 3 BTC for trading btc-altcoin and 2 BTC for trading btc-fiat
thats what i am doing if i had 20 BTC.
If someone gave me that amount to trade with I would probably split it in half. I would put 10BTC into casino bankrolls, I class this as a safe investment and gives me the option to withdraw whenever to add to the funds I would trade with. The other 10BTC I would use to trade either cfds or btc/usd. This is because i don't like trading altcoins and prefer to trade something less volatile. In case I lose some of the 10BTC I trade with I would transfer some from the casino bankroll, any profit I would invest back into the casino bankroll.
spreading that much money between multiple markets is the safest thing you can do.
so I would put most of it in my cold storage but assuming you want to trade with all 20BTC and you have your investment in bitcoin in your cold storage this is my suggestion:
- 10BTC to trade bitcoin/fiat pair which can change based on the market but these days the more bitcoin you put in the better profit.
- 10BTC in multiple altcoins, and all for a short time except a couple that are for a little longer time. for example ETC is now good to be bought at this level and sold in a couple of days. LTC is at a good state and a good longer term investment. I also think LISK may be moving soon so I am keeping an eye on it.
so I would put most of it in my cold storage but assuming you want to trade with all 20BTC and you have your investment in bitcoin in your cold storage this is my suggestion:
- 10BTC to trade bitcoin/fiat pair which can change based on the market but these days the more bitcoin you put in the better profit.
- 10BTC in multiple altcoins, and all for a short time except a couple that are for a little longer time. for example ETC is now good to be bought at this level and sold in a couple of days. LTC is at a good state and a good longer term investment. I also think LISK may be moving soon so I am keeping an eye on it.
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?
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