Post
Topic
Board Trading Discussion
Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month
by
Mark_R
on 16/06/2019, 21:33:06 UTC
Nice 12 BTC is great.

I'm interested in what you started with before jumping in. Did you hit any big losses when you started (say were you 1 BTC down before things looked up) or were you profitable from pretty much the start?

Did you have a mental 'this is the amount I'll trade and no more' or did you never really get close to losing money?

Yeap, I faced that stuff. At my 20s I was trading triple leveraged ETFs (I started from the traditional markets, jumping into crypto being experienced already). Remember I lost everything I had, and I was going to lose even the first car I just bought. I was really devastated and decided to learn from it. By the way, it took me about a year to really get over the loss.

I decided to start fresh and just learn from it. It took me about a year to really get over the loss, but I bounced back and worked my ass off doing double shifts at the restaurant I worked at. Fast forward 11 years and I’m sitting in a paid off house that I never dreamed I would be living in at this age. You can do big things if you work hard and focus on your goals. The lesson I learned at 23 years old had a lot to do with the work ethic I have now that made me very successful financially. Now I am not likely to suffer such losses due to harsh risk and money management