Post
Topic
Board Economics
Re: Earning a living from cyptocurrency options trading
by
Yakamoto
on 05/10/2016, 03:27:25 UTC
Does Algoswan still update this thread? He said that he will post his live trades. I think it would be interesting to watch and learn from what he does and the moves he makes with Bitcoin and Ethereum. I am still a newbie in trading and I would like to know how much in average does he earn from trading. Also if my starting capital is 10 BTC how much would I expect to earn each month learning his style?
I've heard of some people that are able to make $1000 on some larger market movements with some alts that they pump or just catch a nice movement on, however a lot of those numbers can be debated and the one-day moves are quite rare and it isn't easy to see one of them on the horizon until they happen, and even by then it is typically too late. As for having 10 BTC as a starting capital, you would be looking at somewhere around the same ballpark, however being new to trading you should just do small trades at first and learn how everything works before you start to get heavily invested in anything.

As for how good you'd do following Algoswan's technique, I have no idea because I don't know what he does.