Is a 20% Annual Return good ? - page 3.

EarnOnVictor

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

I have two pieces of advice for you here, First, regarding your question, it has to be based on the capital you are using. You can't be trading with $100 and depend on it and still believe that a 20% annual return will be able to pay for your stress, expenses and internet billings. It's better to do something else than to trade and not get a good return from it. For those with big capital, there is nothing bad in that as long as the money is sure. But unfortunately, trading is not guaranteed, results will always vary, even if the trader does not lose annually.

Second, since you've mentioned backtesting and not forward testing, your plan is a failure even before it starts. I've never seen a backtested result that is eventually replicated in the live results, and you might not. Don't just put your mind on it yet.

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

I think you should ask this question to yourself, what you find as an acceptable return, not us. Someone may get 100% returns and still not be happy about it while others may be happy with a meager 2%. Getting more than 15% per year is a good return if you ask me, but I would also like to know how much trust you can put in an automated platform rather than your own moves of buying and selling over the long term.

For example you could run the algo there and get that returns while you can also buy at 20k and sell at 70k USD and see the 3.5x profits. I find it easier to sleep when I have my coins in my own control and hence I dont use platforms like these. Rest is yours to decide.

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Quote from: Out of mind on October 06, 2023, 11:55:13 PM

It will depend on the currency you invest in. Also, 20% return would be best for BTC because there is no inflation, so you can do it in BTC. Moreover, if you do it in USD it will also be good if you get 20% rater here also your investment can be good. But I think it's best to do it in BTC as it can give you good amount of return and even if its price goes down it will go up again later. and if you hold BTC it will always give you profit and there is no risk of losing your money. Moreover, you have to accept that trading always involves profit and loss. There are some active trading platforms that are not to be trusted, they often give wrong decisions. So you need to gain knowledge about trading well first, and you need to take risk that any time you can lose money by trading.

It does not matter what the OP will get a profit in, the main thing is that this profit is stable. In addition, in a bear market, a profit in stablecoins will be more attractive than a profit in Bitcoins. After all, he can invest his profit in Bitcoins at any time. Eventually, he can invest his profit in Bitcoins at any time, choosing the most appropriate time and price.

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It will depend on the currency you invest in. Also, 20% return would be best for BTC because there is no inflation, so you can do it in BTC. Moreover, if you do it in USD it will also be good if you get 20% rater here also your investment can be good. But I think it's best to do it in BTC as it can give you good amount of return and even if its price goes down it will go up again later. and if you hold BTC it will always give you profit and there is no risk of losing your money. Moreover, you have to accept that trading always involves profit and loss. There are some active trading platforms that are not to be trusted, they often give wrong decisions. So you need to gain knowledge about trading well first, and you need to take risk that any time you can lose money by trading.

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

Yes 20% annual return is impressive especially when you are newbie. Numerous people looking for one month rich strategy and as a result they loss so much while your strategy is looking easily achievable because risk involved in btc is very low and you can make it from bitcoin volatility. Some people will not happy with just 20% return nut it's depends upon investment goals and risk tolerance. some want high returns while some will feel comfort and prioritize lower risk with stability.

I am interested to know more about this strategy, if its proves to be easy and low risk then newbies should also try it of
rather than diving into the high risk coins. Your strategy will not be working same with other, it will help to think about alternative strategy which is best suitable with our investment management.

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

20% annual ROI is a good one if it is consistently achievable. Have you developed a strategy that will give you this consistently? If yes, it is a nice return. Other investment which is not related to volatility can boost of 20% ROI and achieve it, but any investment that is volatile is always risky. There is every possibility that throughout a whole year will be a period of bear market as we have seen in this year. In such bear market years it might be difficult for you to hit your return of investment with the tool you developed.

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Quote from: bittraffic on October 06, 2023, 11:56:53 AM

Making a profit in USDT staking which is about 7-5% per year was great when the prices didn't inflate yet. These days, you might need a bigger profit, probably more than 20%. So it still depends on your lifestyle or how many mouths you feed.

20% is good depending on how much is your capital and whether it consumes your daily time. And then you have to evaluate whether this strategy works on all occasions because most strategies have flaws especially when it shifts from a bull to a bear market.

there's fundamental difference within staking stablecoin and get 7-5% annually, and trading since the risk involved also different, with stablecoin you can be sure your coin wouldn't get eaten by inflation and therefore you can just be rest assured that the coin you staked gonna retain its value and also getting that additional 7% as a profit, meanwhile with spot trading yes, 20% far surpasses stablecoin staking annual yield but you risk your capital to the dumpings which basically could make your capital turns into zero if worst comes to worst.
therefore i don't think 20% is really good enough, too long to get profit, it should be more than that honestly considering the risk. but of course an individual might have different opinion.

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Quote from: cryptobeestrategy on October 02, 2023, 11:16:44 PM

...I prefer the spot market because it's more comfortable and aligns better with an investment approach. I mention this in case anyone was considering it.

In this case, you miss about half of the opportunities when the market is in a downward movement. I think that you will rethink this over time and will trade futures with at least a minimum leverage of x1. In the end, it's almost the same as spot trading.

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Quote from: Hypnosis00 on October 06, 2023, 07:12:18 AM

Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

Well, for me, that was big enough. If that strategy assures such a return, you can really be making rich in trading, and that is absolutely what people are looking for. But the question is if that will happen in real life. It might be working in your backtesting but was not sure it would work in real trade and you probably know why, it is because of emotional dealing and decision-making. These are some factors that cause a different result, until then, at least earning a 10% return is already satisfying.

That's the risky stuff that you take on when starting to trade. Not a lot of people end up making a profit right away, not in a single minute, I think it should be important to remember that you are going to end up with some trouble if you are not careful but if you are too careful then you are not going to end up making any profit at all. We should be trying to make some profit when we have the time and we feel like we can risk it, usually it is not all that terrible and it would not mean that we are going to end up with anything that would benefit us.

I know that life is not that simple and we do not feel like risking anything, or we fear that we would risk more than we should, but that's just what this is all about, if we are not careful then we are going to end up with nothing in return. So this is why we need to calculate the risk very well, not small enough that it would not get us any return at all, and not big enough that it would not worth to take on that risk.

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Quote from: jeraldskie11 on October 01, 2023, 05:26:54 PM

How do you know that you can make up to 20% profit every year in trading? I'm not sure if you backtested your strategy for a year or just a couple of days. If you backtest for one year, I can be sure that you will reach that level of profit. For me, you will not only be able to reach 20% profit next year because the halving phase of Bitcoin will happen. We know from the history of Bitcoin that as long as the halving phase starts, after that, the price of Bitcoin will increase. It's a huge profit if you compare it to your annual income from the Bank.

I am not sure with some trader have capacity with annual profit every year raise to 20% depend on not consistency earn profit every time with cryptocurrency trading. Based on my experienced in trading, there are not impossible with 20% annual profitable earned in cryptocurrency trading and some trader have ability earn more but not guarantee with consistency profit earned every year. Up and down of profitable earn from trading and seems can't guarantee for 20% annual profitable earn but if market or bitcoin keep stable on higher price has opportunity with higher profitable.

In the bank seems difficult earn 20% annual profitable one year due maximum profitable earn under 10% based on ration deposit interested in my country Bank.

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Making a profit in USDT staking which is about 7-5% per year was great when the prices didn't inflate yet. These days, you might need a bigger profit, probably more than 20%. So it still depends on your lifestyle or how many mouths you feed.

20% is good depending on how much is your capital and whether it consumes your daily time. And then you have to evaluate whether this strategy works on all occasions because most strategies have flaws especially when it shifts from a bull to a bear market.

kentrolla

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That's a decent return if guaranteed but one cannot be 100% sure about returns or percentage of return in crypto as market may behave differently in the upcoming years than what you have back tested, anyways good luck with your prospect because anyone who is well versed with the other ROI and inflation rate will understand 20% is decent number but the problem arise with mindset of people as they expect 10x 100x returns in crypto and has high expectations because they are still unable to digest that's crypto is not a get rich quick ponzi and sudden pump of certain coins adda up to the expectation building.

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You are the one who decides whether this annual return is good for you or not, because this varies from one trader to another. Perhaps some of them do not consider this percentage good enough and some of them consider it very good. For me, a 20% annual profit return is very good.

Although I believe that it is difficult to create a strategy with a fixed annual return, if you are actually able to create this strategy, it will be an important achievement and you may be able to share or sell your strategy.

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Quote from: Subbir on October 06, 2023, 10:02:03 AM

Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

Usually, 20% percent profit in a year is very high. If we look at the banks, it is seen that most of the banks are giving 4% percent to 10% percent profit. Now if we look at banks then twenty percent profit is much higher and much more profitable than that. My suggestion is if you don't want to take risks and don't want to trade then 20% percent profit is more important for you.

Without a doubt, a 20% yearly benefit in the bitcoin market is far bigger and more engaging when contrasted with the nearly mindful rates given by conventional banks. The choice between customary money management decisions, for example, bank investment funds and entering the digital currency market boils down to individual gamble resilience, monetary objectives, and a craving for conceivably better returns.

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

I feel this is a question only you can answer as, it largely depends on what’s your plan on your trade or capital. I could have even 50% of my capital and still be unsatisfied with the outcome. At other times, I could hope to have several roll over of my capital before the years end and when that isn’t the case, I don’t feel so archived in my aims.

Again, it’s a question of capital. How much capital have you got, how much are you actively trading with and how reliable is your trading strategy. Is it really as it is or you’re just inferring.

Hence, it’s really up to you and I don’t think with a good trading capital, you’ve got much not to be pleased with on a 20% ROI.

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

Usually, 20% percent profit in a year is very high. If we look at the banks, it is seen that most of the banks are giving 4% percent to 10% percent profit. Now if we look at banks then twenty percent profit is much higher and much more profitable than that. My suggestion is if you don't want to take risks and don't want to trade then 20% percent profit is more important for you.

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

Well, for me, that was big enough. If that strategy assures such a return, you can really be making rich in trading, and that is absolutely what people are looking for. But the question is if that will happen in real life. It might be working in your backtesting but was not sure it would work in real trade and you probably know why, it is because of emotional dealing and decision-making. These are some factors that cause a different result, until then, at least earning a 10% return is already satisfying.

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A 20% annual return is fantastic & a great profit in any type of investment vehicle. Can you guarantee that though, like really guarantee it? Is it safe, is it secure? Are you the only one with access to this asset, is anybody else in control of it, because if they are it’s not a good idea & a recipe for disaster.

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I think if an annual return of 20% on the main account is already a good thing, especially if you use large capital, of course a good return, besides that of course the level of risk taken is small, and worth maintaining, besides that we can carry out strategies different, but with different accounts with different rewards and risks, and we can do research so we can conclude a strategy that suits our trading pattern

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

It depends on what you mean by an annual return of 20%, is that 20% on top of what the market by itself will offer to a long term holder or do you simply mean a 20% annual return which is independent of the market conditions we encounter?

If it is the first case then that is a great performance and you should use that strategy as you will earn a fortune with it, but if it is the second scenario then you should just remain as a long term holder as you will make more money this way than with your strategy.

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