bitcoins

Hey traders and crypto enthusiasts! It seemed I have tried it all in the crypto world - from buying and holding, actually mining, lending, flipping, and swing trading. But for about the last month I have decided to try my luck as a crypto daytrader, and to my surprise, I can be profitable.  In today's article, I will share my findings on trading crypto and try to answer a question - how to make at least $1 per day trading crypto and how much actually capital is required. This is not trading…

Yesterday, on October 25, 2021, I sold all of the Bitcoin holdings I had with Coinbase PRO. Additionally, I sold off all my investments with SEB mutual funds and stocks at Nasdaq Baltic: Baltic Horizon, and DelfinGroup. I did this because I have started another interesting 52-week challenge - buying Apple stock for the next 52 weeks and I want to focus on that challenge.  As an options trader, I want to collect at least 100 shares with Apple stock and start selling covered calls on it (…

This is a quick follow-up post to my original idea of experimenting with writing crypto covered calls on Ethereum and Bitcoin, I started at the end of November 2020This is not the first time I'm selling options on crypto, in fact, I've been doing so for the last two years. This is the first time I'm applying one trading strategy only. About 3 years ago I was very enthusiastic about crypto mining and I was building my Ethereum mining rig, which at it's high was earning about $5.5 per day. See: …

Selling covered calls are one of my favorite income-generating strategies in the stock market. For a time being, I've been selling options on crypto mostly speculative puts and calls betting on where the price won't go, but today I decided to explore what are my chances of selling covered calls on bitcoin or Ethereum on the Deribit platform. Update: This article has been originally written back in May 2020, some things may have changed ever since.  In a normal world, covered call selling is…

Deribit is my latest discovery from the crazy crypto world. It all started with simple buy-and-hold operations back in 2017. What followed was, a day trading on Poloniex,  I even built a custom Ethereum mining rig. I have played with cloud mining contracts from hashflare,  and now I've found my way into Bitcoin / Ethereum options trading. It's not that I would call myself an expert in options trading, in fact, I have made just a couple of put sales in the regular stock market - I tend to…

For the past couple of days, I've been testing Gekko BTC trading bot, executing a few trades running the bot on my laptop, ending to build a VPS to run Gekko trading bot on a cloud. As you can see for right now - I'm fully determined to master this trading bot. To master trading like a pro some should learn basic technical analytics, in today's article, I will speak about using Relative Strength Index (RSI) for crypto trades. I believe RSI is one of the easiest ways to trade cryptos. …

At the start, I wanted to set a goal to trade up to 1 BTC, but then I realized I should set more realistic and achievable goals, as despite I've been exposed to crypto investments for more than 7 months already, the total net worth for my crypto portfolio, barely reaches just 0.3 BTC. I have a several tactics when speaking about crypto investments, the first and most stable - buy and hold once in a month, no matter what (dollar cost averaging), since the second part of August 2017 I've been…

Originally I planned to publish a brief recap of dollar cost averaging in bitcoins and altcoins at the start of January, as it marked 6 months since I've been using this approach for investments in cryptocurrencies. Time flies, and I forgot about this article, now, with cryptomarkets tanked with the start of 2018 I decided it still matters to come out with such article. A brief background - I'm quite new to crypto investments, I bought my first Ethereum back in July 2017, see First Investment…

I first heard about bitcoin Visa cards back in the Summer of 2017, when opted into crypto craze (strong buy and hold here). Back then I discovered Bitpay VISA card and decided to order one at the start of 2018. Now, as January approached and my existing crypto holdings have grown more by 320%, I decided to take another quick look at Bitcoin Visa card offer before ordering Bitpay card. Soon I found an interesting article on Steemit: Best Bitcoin Debit Cards! Bitpay vs Wirex vs CryptoPay As…

With Bitcoin price reaching for the first time $10,000 on November 28, 2017 - I keep wondering - could we see Bitcoin double or even triple in value in 2018? According to Coinmarketcap the price for bitcoin has gone up tenfold since the begging of 2017, trading high $1,003.08 on January 2017 and reaching $10,075.90 on November 28, 2017 Why Bitcoin Price at $7,174.50 ain't no fun, But I'm still buying it? Bitcoin Year to date chart - January 1st - November 2017 (data source: Coinmarketcap.…