Don't Miss Out On The Crypto Boom! THIS IS IT!
THE EXACT STRATEGY I USED TO BECOME A CRYPTO MILLIONAIRE IN 2021 *NOOB FRIENDLY
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The opportunity presented in this post is time-sensitive. I'll leave this post up as long as the opportunity is there, but the crypto market could stabilize at any moment, so if you want to take advantage, DON'T WAIT - DO IT NOW! |
Hello there! My name is Adam, and I became a millionaire this year trading crypto. Before that I was working as a freelance writer, making barely enough to make ends meet, and living with my parents at age 31.
I wrote this guide to give back, and try to hopefully help some people who are unsatisfied with their present situation make some life-changing money life I did.
I'm going to give you an exact, step by step demonstration of what I did to turn $1200 into a couple million dollars. This is not a joke or a scam, this is exactly what I did, it's not hard at all, all you need is a little bit of focus and the ability to follow directions.
I'm going to give you all the info you need to succeed, including my personal trading strategy that changed my life and the lives of many others who I have taught it to, the best trading platform to use, how much money you need to get started, what crypto to choose, and much more.
Ok, I hate long intros, so I'm going to get straight to it.
What you're going to be doing is called leverage trading. Leverage trading means you borrow money to trade with. Some exchanges will allow you to borrow up to 100 times the money in your account. For example, if you had $500, you could trade with 100X leverage: $500 X 100 = $50,000. So now you would be able to make trades (or hold positions) of up to $50,000. And if your asset (the crypto you bought) rises in value by even a couple percent points, you are looking at a decent profit.
To better illustrate this point, here's an example of how leverage trading can greatly increase your profits.
In this example we'll compare profits of a regular $1000 trade, and a $1000 100X leverage trade.
y As you can see, leverage trading allows you to make huge profits, with not a lot of your own money invested.
Most exchanges offer leverage, but the one I recommend you use is Bybit, for a number of reasons, one of them being they're one of the few that offer up to 100X leverage.v
If you are a U.S. based customer, you will need a VPN to trade with Bybit. A VPN masks your IP address, so that you can appear as accessing the web from a different country. If you don't want to do that, then your only other option would be Kraken exchange, but they only offer up to 5X leverage, so your profits, will be MUCH smaller. 99.9% of USA crypto traders trade with Bybit with a VPN, for this very reason.
If you are confused about how to get and setup a VPN, don’t worry it’s simple, you'll basically just be downloading a browser extension. I use and recommend Express VPN, it’s $7 a month and takes 5 minutes to setup. They explain how to set it up on the site.
Ok, so once you’ve got your VPN sorted you’re going to head over to Bybit and sign up for an account. ***Make sure to sign up for Bybit through one of the links on this page, as you'll get a sign up bonus of up to $600!!!
Most exchanges offer leverage, but the one I recommend you use is Bybit, for a number of reasons, one of them being they're one of the few that offer up to 100X leverage.v
If you are a U.S. based customer, you will need a VPN to trade with Bybit. A VPN masks your IP address, so that you can appear as accessing the web from a different country. If you don't want to do that, then your only other option would be Kraken exchange, but they only offer up to 5X leverage, so your profits, will be MUCH smaller. 99.9% of USA crypto traders trade with Bybit with a VPN, for this very reason.
If you are confused about how to get and setup a VPN, don’t worry it’s simple, you'll basically just be downloading a browser extension. I use and recommend Express VPN, it’s $7 a month and takes 5 minutes to setup. They explain how to set it up on the site.
Ok, so once you’ve got your VPN sorted you’re going to head over to Bybit and sign up for an account. ***Make sure to sign up for Bybit through one of the links on this page, as you'll get a sign up bonus of up to $600!!!
Make sure that your VPN is set to a country that Bybit accepts, and select that same country when you sign up to Bybit.
Once you have your account set up, head over to the trading area. Next you’re going to be choosing your trading pair, or the currencies that you will be trading. I would recommend sticking to bitcoin/ US dollar, as this will keep things simple and keep your trading fees low.
When most beginners first get into trading, they usually focus on trying to buy for the lowest price and sell once the price goes up. While this might sounds like a common sense, winning strategy, it can (and often does) go horrible wrong. What if the price keeps going down, instead of going up like you hoped.
Instead of focusing on entry price, we’re going to focus on trends. The price trend is exactly what you would think: the overall direction that the price is heading. By identifying and predicting trends, you can stack the odds heavily in your favor when making trades. The key is identifying the trend as early as possible, so that you can “ride” it before it dies down.
Luckily, identifying a trend is simple. Head over to Coindesk and look through the charts. Focus most on the 30 day or less charts and identify any short to medium trends that you notice for the crypto you choose to trade. Up or downtrends! Below is an example of an identified uptrend.
As you can see, there is a clear uptrend going on. Since the price is increasing, our strategy will be to buy bitcoin whenever the price falls temporarily. Since we know the overall trend is up, these falls in price will usually be temporary, and will eventually reverse, bringing prices back up, and making you money when it does.
Just to further illustrate the point here is an example.
As you can see, bitcoin price is going through an upward trend:
But as we can also see that there are some temporary decreases in price:
This fluctuation in price is called volatilty, and is the one of the main reason why crypto is so appealing to day traders.
We will be looking to buy at these points of price reduction, and then sell when the market recovers, and continues it’s upward trend.
Not that complicated, right?
So now that you know what you’re looking for it’s time to determine your position quantity, or the amount of crypto you’re going to trade with. Obviously, the more you can trade with, the higher your profits will be, but remember, you are going to be trading with up to 100X leverage, so even if you only have $1000, you can trade with up to 100X that, or $100,000! If you then purchased $100,000 worth of bitcoin when the price temporarily dropped 4% under the trend line, and it then recovered and continued its upward trend to 3% over the trend line, you’re looking at a 7% profit or $7000!
And with bitcoin and crypto being so volatile in general, it is not all uncommon for scenarios like the one I just described to happen multiple times in a single day! And since you are trading trends, the odds will always be stacked in your favor, as trends tend to continue more often than not.
In general, I would recommend starting with a relatively small amount at first, $500- $2000, and working your way up once you’ve gotten a hang of identifying trends and making profitable trades. Trading with high leverage can be risky, as if the market moves in the wrong direction, you could end up losing up to 100% of your initial investment.
Luckily you will trading trends, so the chances of that happening are greatly diminished.
So let’s imagine that you’ve identified a trend, the market has temporarily dipped, you know how much you’re looking to trade with, and it’s time for you to execute your trade.
Head over to ---- and fill out your position size, ---. Remember to select your leverage amount.
*ex. if you have $1000, but want to buy $100,000 worth of bitcoin with 100X leverage, you will enter $100,000 as the position size, and then select 100X leverage.
Next you will be choosing your stop loss. Your stop loss is a safety mechanism you use to protect yourself if the market does something unpredictable and reverses a trend.
Here’s an example of how stop losses work:
Imagine you held a position of $50,000 worth of bitcoin. You bought at the right time, when the price temporarily dipped.
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But rather than making an immediate recovery like you’d hoped, the price continues to drop.
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Your stop loss would automatically sell your position if the price got too low, minimizing your losses.
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So to set your stop loss, after you have made your leverage purchase, click on the "Limit" tab and enter the price at which you want the system to automatically sell your position if it drops to. Then click sell. Now, if the price ever drops to that level, your position your will automaticall be sold.
Finally, you’ll be setting a take profit position. This is the price at which you want to sell, and take your profits. Do the same thing you did for the stop loss, except choose the price at which you want to sell to take profits. I would recommend choosing a price that follows your upward trend
Once you’ve filled everything out, click place order, and you’re good to go. Sit back, relax and remember, you’ve placed a stop loss to protect you, and a take profit order to succesfully close your trade and realize your profits. So there’s nothing left for you to do but wait!
Once your trade succesfully closes, and you’ve made your profit, it’s rinse and repeat. And every time you realize a profit, you are adding more money that you can invest in larger positions, creating a snowball effect of gains, called compounding.
So I hope this helped, I wish you all the best in your trading endeavors and as long as you follow the simple instructions in this guide to a T, you should be able to do what I did and transform your finances, and transform your life.
Thanks for reading,
Adam
So I hope this helped, I wish you all the best in your trading endeavors and as long as you follow the simple instructions in this guide to a T, you should be able to do what I did and transform your finances, and transform your life.
Thanks for reading,
Adam
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