(123)456 7890 [email protected]

Profit trailer bitcointalk

Profit Trailer has a very detailed log of your buys and sells including a calculation of the USD of your account, sales, daily, weekly profit amongst many other things. There is also a possible buy list, which are alts getting within buy range. Your current buys will be listed so that you can see at what% up or down they are since purchase price. Jun 03,  · Satoshi Nakamoto may have relied on a Russian proxy as early as January , when Bitcoin v was first released.. Telltale signs appear in the file ‘cryptoncoins.de’ on line , though this seems to be obfuscated with a simple cipher.. Bitcoin v cryptoncoins.de File Released January 9 INTRODUCING Profit BUY NOW Trailer The most powerful crypto trading bot that automatically trades 24/7 Trade on Multiple Exchanges with only one license We give you a way to trade with multiple buy and sell strategies at the same time.

Profit trailer bitcointalk

7 Reasons Bitcoin Mining is Profitable and Worth It ()

Some of you may have noticed Red Pulse, RPX which as far as I know is a coin with a great future, however it dumped bigtime upon release. When a coin is released to an exchange, typically it has some very unnatural price movements for the first few weeks. Using stop losses vs DCA. I have at times used the automatic stop loss though most of the time I will DCA intelligently or stop loss manually. One method of using a stop loss I have used is to set it around , set a rebuy timeout- where it will not rebuy after firing the stop loss for a set amount of time you set it to in minutes.

He added he wished he had read my advice first before setting his levels to such tiny triggers! Profit Trailer also has a trailing buy feature which is where it will look for the lowest possible price , which is the inverse of a trailing stop, explained here on Investopedia.

This feature is integrated with most buy and sell strategies. Some people prefer lots of smaller trades and smaller gains but I prefer bigger gains and a smaller number of trades and pairs to manage. Personally I prefer using a larger number- the reason why is that I have observed using a tiny number like 0. The default at 0. This is the minimum gain you set before PT starts trailing.

The reason why is that I suggest you look at some price movements to see how far price goes up further after an initial sale, you may be surprised. I also trade on longer timeframes than most people- 30 and 60 minutes.

All my indicators are 30 or 60 mins. Right now as of March probably not, but even so it will go further than you think. Even now I have it between 6- 8. If you are unfamiliar with this term, check out this article on here. Think about it, if you have a gain of like 0.

The answer is a lot. There is one caveat- if say you trade on stable high volume coins only, e. They do not move much, therefore it is reasonable to have gain lower, however I think having it at 1 means you are throwing money away on the table.

Timeframe and buy strategy is important too. With one of my clients we analysed his trades and we found that he only traded stable coins with a very high volume. I will explain what we discovered and what we changed:.

If you were to graft my settings onto such an account straght away, you would not see an immediate effect, so I told him it was better we phase in some of mine; firstly his DCA log had pairs bought on a completely different timeframe, different strategy and his buy criteria was different to mine.

What we did was make some tweaks on his current settings. We did a spreadsheet analysis to look at his last sales and look at the difference between the price sold and peak price reached in the next 24 hours this is an exercise I conduct with clients , and discovered the Median gain he lost out on was 2.

In the end he wanted to keep his coin profile and baseline buy strategy though he added a lot more coins on his whitelist and raised gain to 2. Another conclusion we are able to reach was that his buy zones were in completely different places to mine. Because I use a large trailing buy, on 30 and 60 minutes- 0. His method was buying and selling quick on the rebound. Being able to trade effectively has nothing to do with picking cookie cutter settings.

You actually need to learn how markets work, prices move, the fundamentals of technical analysis like RSI, momentum, price action etc.

This is what I teach people to do. I only include a selection of lots of settings with my coaching clients as examples of what has worked with me in the past If you are a treasure hunter, some of my legacy DCA settings have been posted in Discord- hint owning Profit Trailer Feeder is a key to the chest; though I am planning on releasing some of my legacy settings soon to the public for free anyway via Youtube and or Github and because 2.

Adjusting a trailing buy. Very simply, having a tight trailing buy of say 0. Having a very large trailing buy of say 3 or 4 means you will give it more wiggle room before buying- leading to less fakeout reversals, so the quality will be increased but also will lead to a lot less trades. Hence why I find a decent number to be between 0. One additional feature of Profit Trailer is that it will manage the coins you buy manually yourself. And if you already had alts in the account before the bot started, it will calculate the average price if it is less than 30 days old.

Any older and you can input the bought price yourself. If you are happy to let PT trade them it will manage them just like any other pair including DCAing them when required. So if you wish to practice manual trading with small amounts, PT can help as a safety net!

How will trailing work in 2. So you may have gathered in 2. The creator PT Elroy has this to say about how trailing works in 2. Trailing starts. And will only buy if once trailing triggers the entry price is still below the original price when trailing started.

Risk management is an absolutely vital skill in any form of investing or trading. I regard risk management as the cornerstone of being profitable long term and will teach people how to do it a pragmatic way. The best thing overall with Profit Trailer really is that because of its wide range of monitoring and safety features it can really help as a risk management tool. For example, once you get more experienced you could also just use it on semi automatic mode which sometimes I do where you do your own buys and it sells or DCAs for you.

Because it monitors your portfolio on an exchange you will have seperate instances of PT and monitors on different exchanges. For example if your account grows from 0.

This is a good risk management strategy as this means you are reducing the amount of exposure to risk when the market turns. I would use this with caution but it can be very useful once a crash is confirmed, because you can simply save your btc before your alts tank more. And guess what? After they had panic sold, altcoins and BTC started recovering. To coaching clients I will explain in detail how I determine market bottoms, and at some point I will be either making a Youtube video or another post about this.

Sell only mode triggers will turn off the bot upon certain market conditions. Alts have somewhat of a complex relationship with btc and some alts have almost no correlation to btc whereas others do. DCA Rebuy timeout- this prevents the bot from making another DCA buy within the specified time period, expressed in minutes.

Most PT users seem to ignore this or have it on something very low like 30 minutes. Again it makes no sense from a risk management point of view to have no or a short rebuy timeout. Think about it, how much safer is your account from being ruined by a bag if you are only allowed 1 DCA buy per pair a day or every 2 days? A lot, and again why my accounts are able to survive harsh market conditions and still be safe unlike the overwhelming majority. A final word about the creator Elroy, who an excellent and very helpful and well organised developer.

Many of us have used other bots which had less reliable developers, who ignored bugs or provided poor customer service or we had been left scratching our heads as to why the bot made those buy decisions. Additionally Elroy constantly adds new tweaks and features.

Profit Trailer is constantly evolving and the creator Elroy is getting feedback all the time, from some very experienced botters and traders and inputting it into the roadmap, and it gets bit by bit more advanced with each release.

I am now also part of the beta testing team, and we are using the prototype PT 2. I see this question a lot, and it is well meaning but very niave to assume you can get an exact figure every day. Firstly markets fluctuate a lot. You may have a month I would say the end of February to early March has been like this where the market is completely choppy and accounts are stable and neither growing much nor losing much.

But overall, my accounts have grown far faster than had I had to trade them alone without PT. Is it possible to turn 1k into a million?

But on a bull run it will exceed your expectations, possibly beyond your imagination! There is no magic button ultimately, and if someone claims there is, be very sceptical about their claims and dig deeper. Markets move in cycles and you have to learn to deal with the rough as well as the smooth. Edit: a very important concept to understand with any form of trading is the Wyckoff Market Cycle.

If you understand this, it will make you a much better trader, bot or not. The market is an artist, not a computer. It has a repertoire of basic behavior patterns that it subtly modifies, combines and springs unexpectedly on its audience. A trading market is an entity with a mind of its own.

There are no predetermined, never-fail levels where the market always changes. Everything the market does today must be compared to what it did before. I explain this in more detail to any clients. I have recently recorded a video demonstration with a client who came to see me in person to explain this and will upload it once I get the time.

The package I have is:. Is it worth it. Am I likely to see any sort of worthwhile returns? First of all there is a difference between an entire market crash, and altcoin but not btc crash and a short pullback i.

PT will deal with moderate pullbacks, and even many altcoin crashes quite well so long as your DCA is set to quite cautious levels like I described previously or you panic sell as soon as the crash is confirmed.

Let me give you an example, during November and mid December when BTC super-mooned from USD to 10, and then again from 10, eventually to 20, by the end of Dec there was an Altcoin crash initially in November because people were selling their alts quickly to buy BTC as it was shooting up very fast. There is also a difference between an altcoin crash and an entire market crash.

The crash of Jan- Feb was an entire market crash where everything went down. I did use panic sell during that one, because the bad news was relentless and really should have used it earlier, but it was still enough to save myself a fair chunk. Rarely, but only briefly to update to a new version. My account has grown the most on Binance. However on some days and weeks Bittrex does outperform Binance, and some people have said to me Bittrex is better.

If you have the capital you could have bots for both. Also once you have a license exchange you can have multiple bots trading different base currencies e. There was a recent hack attempt on Binance. Luckily the Binance team prevented withdrawals from the fraudsters and are implementing refunds for fake trades.

Most of the people hacked have never used a bot, and there was no PT user I spoke to who had lost funds, Binance has since confirmed that the attack was down to Phishing. There are several things you should do to up your security whatever you do in crypto. On Bittrex you can restrict IP addresses for trading and withdrawals.

Use a phishing blocker such as Metamask, Comodo, Avast, Malwarbytes. These are all free and are good anti virus programmes. I use Avast Sandbox which works on the free version , Comodo has a free sandbox feature too. For example you can access your Remote Desktop VPS using a Sandbox and also setup Microsoft Word and Excel, or for that matter any area of your computer to run in a sandbox only. Finally, use a hardware wallet to store your coins and profit withdrawals. My preferred choice is the Ledger Nano which is the most popular brand.

If you are not using a hardware wallet, you are leaving your money potentially in the open. No one can access your wallet because it is like a physical safe key and without physical access to it and the keycode, no one can take your coins. All the strategies and settings are explained in detail here. Go here to buy Profit Trailer. Click here to sign up for Binance , the most trustworthy and profitable exchange. Binance has an amazing number of coins with huge potential, and the CEO has appeared in the media he was recently featured on the front page of Forbes printed edition!

Sign up for Tradingview, the best charting service on the internet. Coinigy is also a great charting service. Profit Trailer feeder is a very popular addon to PT which can dynamically adjust your settings in different volatility, market conditions helping you create a system that switches buy and sell strategy according to what the coin or market is doing.

I know both the creator Mehtadone we actually live near each other in London! I have recently met Mehtadone in person and we have recorded a tutorial on PTF 1. The revenue from mining has to outweigh those costs, plus the original investment into mining hardware, in order to be profitable. If you compare this to the revenue of mining a different crypto currency, like Ethereum, which is mined with graphics cards, you can see that the revenue from Bitcoin mining is twice that of mining with the same amount GPUs you could buy for one ASIC.

This graph shows you the daily revenue of mining Bitcoin. It does not take into account the daily electricity costs of running a mining machine. Your baseline costs will be the difference between mining profitably or losing money. You can think of it as though the miners are a decentralized Paypal. Allowing all the transactions to be recorded accurately and making a bit of money for running the system. Bitcoin miners earn bitcoin by collecting something called the block reward plus the fees bitcoin users pay the miners for safely and securely recording their bitcoin transactions onto the blockchain.

Roughly every ten minutes a specific number of newly-minted bitcoin is awarded to the person with a mining machine that is quickest to discover the new block. Originally, in , Satoshi Nakamoto set the mining reward at 50 BTC, as well as encoding the future reductions to the reward. The Bitcoin code is predetermined to halve this payout roughly every four years. It was reduced to 25 BTC in late, and halved again to The second source of revenue for Bitcoin miners is the transaction fees that Bitcoiners have to pay when they transfer BTC to one another.

This is the beauty of Bitcoin. Every transaction is recorded in an unchangeable blockchain that is copied to every mining machine. Every miner needs to know the relevant tax laws for Bitcoin mining in his area, which is why it is so important to use a crypto tax software that helps you keep track of everything and make sure you are still making enough money after you account for taxes. First of all, Bitcoin mining has a lot of variables. This is why buying bitcoin on an exchange can be a simpler way to make a profit.

However, when done efficiently it is possible to end up with more bitcoin from mining than from simply hodling. One of the most important variables for miners is the price of Bitcoin itself. If, like most people, you are paying for your mining hardware, and your electricity,- in dollars, then you will need to earn enough bitcoin from mining to cover your ongoing costs; and make back your original investment into the machine itself. Bitcoin price, naturally, impacts all miners.

However, there are three factors that separate profitable miners from the rest: cheap electricity, low cost and efficient hardware and a good mining pool. Electricity prices vary from country to country.

Many countries also charge a lower price for industrial electricity in order to encourage economic growth. This means that a mining farm in Russia will pay half as much for the electricity you would mining at home in the USA. In practical terms. These days there are several hardware manufacturers to choose from. The price of hardware varies from manufacturer to manufacturer and depends largely on how low the energy use is for the machine vs the amount of computing power it produces.

The more computing power, the more bitcoin you will mine. The lower the energy consumption the lower your monthly costs. Longevity is determined by the production quality of the machine. It makes no sense to buy cheaper or seemingly more efficient machines if they break down after a few months of running. One useful way to think about hardware is to consider what price BTC would have to fall to in order for the machines to stop being profitable.

You want your machine to stay profitable for several years in order for you to earn more bitcoin from mining than you could have got by simply buying the cryptocurrency itself. Unfortunately most older machines are now no longer profitable even in China.

The Bitmain S9 has been operational since and interestingly enough they are still being used in Venezuela and Iran where electricity is so cheap that it outweighs the risk of confiscation. There may, eventually, be more reputable sources of sub 2 cents electricity as the access to solar and wind improves in North America.

For the individual miner, the only hope of competing with operations that have access to such cheap electricity is to send your machines to those farms themselves. Not many farms offer this as a service though.

These days, every miner needs to mine through a mining pool. Whether you are mining with one machine, or several thousand, the network of Bitcoin mining machines is so large that your chances of regularly finding a block and therefore earning the block reward and transaction fees is very low.

With one block per 10 mins they may have to wait 16 years to mine that one block. The oldest two pools are Slush Pool and F2Pool. Here comes the science part…. Pool fees are normally 2. Choosing the right mining pool is very important, as you will receive your mined bitcoin sent from the pool payouts every day. An often overlooked facet of mining profitability is the fees one pays to sell the Bitcoin one mines. If you are a small time miner, you may have to sell your coins on a retail exchange like kraken or binance.

Sometimes your fees are low but sometimes your fees are high - it really just depends on the fee structure of the exchange and the state of the orderbook at the moment. However, if you are a professional miner like F2 or Bitmain, you likely have really advantageous deals with OTC desks to sell your coins at little to no fees - depending on the state of the market. Some miners are even paid above spot price for their coins.

The Bitcoin Profit Scam Is Shocking! Read My Honest Review Before Signing Up Latest commit

Jun 03,  · Satoshi Nakamoto may have relied on a Russian proxy as early as January , when Bitcoin v was first released.. Telltale signs appear in the file ‘cryptoncoins.de’ on line , though this seems to be obfuscated with a simple cipher.. Bitcoin v cryptoncoins.de File Released January 9 Bitcoin Discussion General discussion about the Bitcoin ecosystem that doesn't fit better elsewhere. News, the Bitcoin community, innovations, the general environment, etc. Discussion of specific Bitcoin-related services usually belongs in other sections. Profit Trailer has a very detailed log of your buys and sells including a calculation of the USD of your account, sales, daily, weekly profit amongst many other things. There is also a possible buy list, which are alts getting within buy range. Your current buys will be listed so that you can see at what% up or down they are since purchase price. Tags:Bitcoin trader greenfields, Biggest bitcoin markets, Dark market bitcoin, Bitcoin trader harry triguboff, How to follow bitcoin market

2 thoughts on “Profit trailer bitcointalk

  1. Reply
    Gogrel
    19.04.2020 at 20:51

    Now all became clear to me, I thank for the help in this question.

  2. Reply
    Yozshukinos
    17.04.2020 at 21:47

    It certainly is not right

Leave a Reply

Your email address will not be published. Required fields are marked *