Crypto Trading for Profit: Tips to Maximize Your Earning

How to Become a Profitable Crypto Trader

 So you want to be a profitable crypto trader that can make up to $11,000 every single day? Well, lucky you, you have come to the right place because I am somebody who has consistently been able to earn at least that much every single month on a daily basis when of course we do spread that across the entire month. I’m going to be sharing with you guys my strategy that you guys can implement to eventually get yourself to that awesome $30,000 a month target just as I have.

Signing Up and Benefits

We’re going to start by just looking at the charts because I’m going to give you guys Crypto Trading for Profit the strategy in order for you to be able to do this. First step for all of you guys watching this though, if you have not yet signed up using my Marx affiliate link (link in the description of this video, top link), make sure you do that because for implementing the trading strategy that I’m going to be talking about in this video, you’re going to get opportunities to, one, get free cryptocurrency every single month when we have our trading competitions, which of course I share with all of my Marx users who sign up under my link. You’re also going to get a $100 sign-on and deposit bonus for doing so. All the strategies that I’m going to be talking about are best for this Marx exchange as well, so make sure that you do start there. I do of course make money with the affiliate signups, so you’re also supporting me for giving you this information as well.

The Trading Strategy

With that being said, let’s get into the actual video itself and the strategy. Now, this strategy is actually quite simple, and this is why I personally like it so much. It’s foolproof; it has about a 90% accuracy, and while the amount of positions that you will open up with this strategy will change quite a bit every single month, every single time you do use the strategy, you are going to be incredibly profitable. It does work for every single cryptocurrency that is on the Marx exchange.

Choosing the Right Cryptocurrencies

For the sake of this video and for the sake of all of you guys who are looking to start off and get very profitable, I am going to recommend, in my personal opinion, this is the best way to go: trade with higher liquidity altcoins or Bitcoin itself. Bitcoin, Ethereum, Doge, XRP — they’re all great options. The reason why these are all great options is because all of these cryptocurrencies do have a lot of liquidity. The fun fees are not going to be too expensive, so if you’re starting off with a smaller amount to trade with initially, you’re going to be able to make more money this way.

Leverage and Risk Management

When it comes to the amount of leverage that I am using with my trade, I’m always going to be using between 5x leverage with a maximum of 10x leverage. I never go above 10x with this particular strategy because there will be times that you will open up a position and you’re going to have to hold that position for a week or longer. During that time, a lot of these cryptocurrencies are very volatile, Bitcoin included, so you do not want to have too much leverage because you’re going to get liquidated if you go too far above that. Now, I do know people that do trade insane amounts of leverage — 20x leverage or more. I will say you can make money doing that, but it’s just a lot more risky, so unless you are willing to lose 100% of your position, please do not do that.

Using Stochastic RSI Indicator

Next step here is to go to the one-day chart. On indicators, you’re going to want to search up Stochastic RSI. This is really important. The Stochastic RSI is what you see right here and this is a great indicator. This is the 90% accuracy indicator I was telling you guys all about, and it gives you a great indication on when is a good time to short and when is a good time to long so you can make use of the positive momentum and, of course, the negative momentum that you’re going to be seeing in the crypto markets. This gives you twice the amount of opportunities to consistently make money with a 9 out of 10 accuracy at the 5x leverage mark.

Understanding the Accuracy and Examples

What I will say is the accuracy goes down a little bit when you’re using 10x leverage just because your liquidation levels do change quite a bit when you’re using double the leverage. If you’re starting, I think 5x leverage is absolutely phenomenal. You’re going to make consistent money doing that. Now, I just want to show you guys some trades that I’ve used this strategy on and how much money this has been able to net me. You can see a lot of the profits down here as to what I was able to make. Some of these trades were absolutely insane and yes, occasionally I did lose, but overall, if we add it up, I did make immense amounts of profits and you guys can too.

Daily Chart Analysis

You want to check in daily on the charts of the cryptocurrencies you’re planning to trade. If you notice that there is a very sizable red candle on the day, you pretty much always want to buy that. Every single time that you see a very large candle, you want to look for a buying opportunity. What’s really important is you also want to see how the Stochastic RSI is looking after the day closes.

Consistency and Community

My entire Discord community, everybody that’s involved with me inside , we’re all using this strategy right now and we’re finding it to be extremely profitable. We have some people that are making tens of thousands of dollars every single month right now trading with the strategy and I know that you guys can too. If you don’t have enough capital to make that much money yet, I know down the road you most definitely can get there if you consistently trade using the strategy.