The Road To Becoming A Shark In The Crypto Markets, Part 2.
Start with a goal
Key Point: you can’t be successful if you don’t know what you want
If you’ve read the blog posts we’ve written or seen our calls on Twitter without reflecting the content with your goals, you might have the impression that we’re virtually saying: “Our path is the only real path, everyone needs to do as we do, and trade cryptocurrencies every day while staring at your screen for 10 hours a day!”
We optimize our trading and content towards our specific 5-year goal. We aim to be the most profitable cryptocurrency trading community helping thousands of people become financially independent. We strive to enable thousands of people to travel the world, be free, and to spread the wisdom they’ve gathered with us across the globe.
It’s important to note that not everyone shares the same goal. If our vision is something that resonates with you, keep reading. Rather than wasting a lifetime doing random, meaningless, and repetitive tasks for a company one doesn’t care about, one should make as much money as they want and live their life as they please.
Assumption: you’re reading this article because you know you want to be financially independent, but you’re not there yet. You’re sick and tired of your job, or you’re frustrated with your financial situation/crypto situation, or you don’t have enough funds to retire.
One thing is certain. You’re reading this article because you want more; money, Bitcoin, time, traveling, relationships, fun, more something. Great. Life is all about wanting more and making more. That is the way us humans are hard-wired genetically, and that’s the reality of things. There’s nothing wrong with it. Be aware of it, accept it, and you don’t feel guilty about it.
If you go and ask people how to make money, you will get various answers:
- Go to University, get an excellent degree and get a respectful job.
- Buy books and courses about self-development.
- Get a job and start investing in the stock market.
The framework we use is designed to enhance your probability of you getting what you want. However, you need to know what it is exactly that you want. We can’t directly help everyone with their personal goals.
Another fact: if you were to go to these people’s bank accounts and get to know what’s in there, you’d find out their bank accounts don’t have any money- they’re poor. That in mind, how they can teach you about prosperity when they have no money themselves?
You might say: “Oh, they’re rich in knowledge, they know so much. It’s not like you can’t teach the subject even though you’re not rich.” Right. That’s nothing but a lame excuse for them not having any money.
While some of these theories seem reasonable, they will not help you in achieving your goals because most of these people haven’t ever been in the trenches themselves, yet they’re still teaching their “exclusive, hidden and secret formula” and giving out their “coins of the day.”
The idea of working for 30 years in a job you hate to eventually retire with a million when you’re 70 years old is crazy. That’s the way it has been in the past. Recently more and more people have started questioning that. Why should you wait till you’re 70 years old to enjoy your life? Why not do it now?
And that’s how many of us ended up trading.
Why in the world should you listen to us about trading?
The founder of Cryptol0gy started trading over seven years ago with $100 on his father’s Forex account without books, mentors, or a single clue about what to do. He wasn’t born with a golden spoon and wealthy parents giving him a new credit card every week.
He’s been up and down multiple times. He’s been through massive wins and significant losses. He didn’t become a self-made millionaire because he inherited it from his rich dad but because he created it through the harsh world of trading. He built it from scratch.
If he wanted to, he could retire today. Hop on a plane tomorrow and go spent a year at Thailand? He could do it, and he’s done some of that.
During his trading career, he has always had critics and people who didn’t like the idea of Cryptol0gy. Before we dive in, we want to make a couple of things clear:
- Cryptol0gy hasn’t invented a “perfect formula,” or a bullet-proof strategy. We just teach the proven strategies we’ve learned on how to make money with trading.
2. Nothing we do is so original that it hasn’t been done before. We aren’t promising guaranteed profits. We don’t give you the fallacy of the so infamously promised “100% accurate signals” or promise to hand out free money. Our goal is to open your horizon to a new world of opportunities that come along with 2018. We aim to teach you how to get consistent and real results in the crypto market. We don’t ask you to agree with everything we say. In fact, we hope you do as critical thinking is essential for surviving in this space. There are many ways to make money in the world.
We urge you to take one or two ideas from us and try them out. If they work, great. If they don’t, throw them out of the window.
How much money can traders make in crypto?
Everyone in the crypto scene is wondering about the same question: “How much money can I make by trading crypto?” Obviously, the income potential varies heavily between individual traders, especially in crypto.
How much money you make as a trader is primarily determined by:
- The market you trade. Each market has different strengths and weaknesses. Stocks are the most capital-intensive asset class. In general, if you trade asset classes such as forex or crypto, you can start trading with less capital compared to stocks.
- How much money you start with. If you start trading with $1000 of your money your income potential short-term is far less than someone who starts with $10,000.
- How much resources you put into your education. To create consistent trading income — where you have a solid trading strategy and are able to implement it — will likely take a month or longer if you dedicate yourself to it full-time. If you only practice part-time, it may take a few months to develop real consistency and attain the type of returns you’re after. Without a proper mentor and trying to “learn it all by trial and error” most people you end up losing all of their money quickly.
Your income potential is also determined by your natural attributes: Do you have discipline? Are you patient? Are you able to implement strategies and processes that are proven to work long-term but will fail at times in the short-term?
Your income potential is also based on the volatility of the market. The profits our members are making come with a certain number of trades each month, with a particular risk and profit potential.
In prolonged market conditions, you may find fewer trades than in a bull market or a market crash scenario, but at the end of the day, these are the times when you just need to sit back, relax, and refine your strategy.
Remember, on any given day, week or month; you can have significantly fewer opportunities which can affect your profits only in the short term.
Now, let’s run through a few calculations to answer the question, “How much money can I make as a crypto trader?
For all the scenarios it is assumed that you never risk more than 2% of your account on a single trade. The risk is the potential loss on a single trade measured against your full trading stack. It’s defined as the difference between your trading capital before the trade and after the trade.
There isn’t any real reason to risk more than 2% of your funds. As you will learn, this game isn’t about the amount of starting capital; even with keeping your risk low — meaning 2% or even less per trade — you can quickly earn a high income.
The numbers below are purely mathematical models and aren’t meant to indicate how much you can profit or lose. The purpose of the presented numbers is to show potential. They’re NOT intended to show typical results. As previously mentioned, most people end up losing their money by trading without a proper strategy and education.
How much money can you make trading crypto?
Crypto is one of the least capital-intensive market to trade. Leverage up to 1:100 means you can open an account for as little as $50. If I was starting out all over again, I’d start with at least $5000.
I would only risk a maximum of 2% of my capital per trade, and stay diverse across all categories in crypto markets. Contradictory to a widespread belief where a good trader is always right, the right trading system will win 50% of the time. That’s enough for you to make a lot of profit.
Here is why: If you trade on average three trades per day, have 20 trading days in a month, you will have 60 trades.
Assume your strategy limits risk to a 50% success ratio and a 50% failure ratio, and you have $5,000 on your account the day you start. Meaning 50% of your trades are profitable with 1(Risk): 2(Reward) or (1:2 Risk/Reward), and the other 50% of your trades are unprofitable with the same risk/reward ratio.
An example of a great risk/reward trade: you’re risking $50 decline in Ethereum’s price for a potential profit of $399 per Ethereum for the first target and a $860 profit for the second target.
Your risk/reward ratio is 1:7,98 and 1:17,2, not bad, isn’t it?
Let’s talk about a long-term strategy: by risking 2% of your capital per trade you end up with these results for the first month.
Now, we’re not going to tell you that you will just go out there and trade correctly by the system the whole time and set stop losses every time like a professional shark, at least for the first few months of trading. It will take time and you’re going to do a couple emotional trades a long the way, the crypto market might crash a couple of times and unexpected events might come up.
That’s the way it works, and it’s completely fine. In order to take unexpected things into account, there’s a 25% margin of error used in the calculations to produce a somewhat realistic estimation. (Based on mathematics, if you were to trade perfectly like a machine you could become a millionaire in under a year with the crypto market.)
Assuming that you won’t deposit more capital on your trading account and trade by the rules (+25% margin of error) you would get a quite reasonable result: over $400,000 in profit in a year.
Note that these calculations are done based on the following methodology:
- Every trade is entered from FIAT or USDT
- Profits are not withdrawed from your account, but instead they’re kept there to create a compounding effect.
With a $5,000 original capital invested, that’s quite a reasonable number.
This is what we call: “High-Profit Trading”
We’re not saying that trading is for everyone, but with the current state of crypto market, it should be for a lot people. Compared to trading the traditional financial markets, we can honestly say that this is like playing soccer in kindergarten as a full grown professional player. This is something all professional and experienced trader would agree upon.
To enable people to seize this opportunity, five months ago we created Cryptol0gy; an exclusive, high-end community for learning how to trade and invest cryptocurrencies, and intelligently navigate the crypto world.
We’re not going to say that Cryptol0gy is a magic pill or a quick fix that will guarantee you a financially independent, but it’s like the famous billionaire Warren Buffet said: “you only have to do a very few things right in your life so long as you don’t do too many things wrong.” Even though this is not something everyone agrees upon, it’s one of our most substantial values guiding our behavior. It’s been working out great so far.
As a community, we have been very selective. Cryptol0gy is not for everyone, but it may be for you.
Our membership fee is 0.073 BTC/month, which also implies that you must have some level of success already behind you in your life to become a part of the community.
Most of the membership fees go back to making the community even greater; as of writing, Cryptol0gy team consist of 4 Lead Analysts, more than 5 Associate Analysts, ICO-Team of 5 Analysts, and over 200 sharks. A community unlike any other in the space.
If you want to:
- Learn virtually the quickest and easiest way to make money in the world right now
- Become someone of greater value and have a skillset that you can use for a lifetime
- Get personally trained, mentored and join a community of like-minded people
Then this mentorship program is for you.
Now you have two choices. You can read through all this and do nothing. Or you can be an action taker and go for your dreams.
Go to our website: www.cryptol0gy.com/members and sign up. To back your satisfaction, we offer our members a 100% satisfaction based money-back-guarantee. Membership spots are limited to 250.
Note: Before anyone starts a media scandal or says that learning from more experienced people is a “scam”, remember that the calculations above are calculations of potential. Such thing as a guaranteed profit doesn’t exist, as mentioned over 3 times in this article. We know that most of you are smart to realize that, but there will always be “those” people who want to distort facts.