Earn $660 when trading Bitcoin in Olymp Trade

Earn $660 when trading Bitcoin in Olymp Trade
Earn $660 when trading Bitcoin in Olymp Trade

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Cryptocurrency, also known as digital currency, is one of the great advances of mankind. Let’s be frank, are you afraid of it? Do you see it as a barrier or an opportunity? From my point of view, it is an opportunity to make money, how about you? In this article, I will review opened orders in Fixed Time Trading with Bitcoin bringing in a profit of $660 from Olymp Trade.

“Success is often just an idea away from us”

Good results only come to patient people

If I just say and cannot prove the money-making process, it is just saying nothing. But here, we trade and withdraw money then share the strategy for your reference. As for earning money or not, it depends on your efforts.

Money only falls directly into the pockets of the patient. It looks like a fairy tale, but it is a reality that happens every day in Olymp Trade.

The money will come to the patient

So do you know the benefits of combining cryptocurrencies with Fixed Time Trade yet? If not, just read through this article to find that helpful stuff.

Review and analyze long-term Bitcoin trading orders opened with the Breakout strategy

The readers who often follow the articles here understand clearly that there must be conditions to open orders. We cannot act unconsciously without calculation. When combining Fixed Time Trade with bitcoin, the probability of winning is higher with a long expiration time.

FTT trading orders with Bitcoin in Olymp Trade on August 22

1st order: The price broke out of the critical support. Opened a DOWN order with an expiration time of 30 minutes when the breakout candlestick was confirmed.

I won and received a profit of 80% of the investment.

FTT trading orders with Bitcoin in Olymp Trade on August 23

2nd order: The price broke out of the important resistance zone. Opened an UP order with an expiration time of 30 minutes when the price broke out of the resistance zone with a bullish Marubozu candlestick.

I lost because the price pulled back before forming an uptrend.

FTT trading orders with Bitcoin in Olymp Trade on August 24
FTT trading orders with Bitcoin in Olymp Trade on August 24

3rd order: The price tested the resistance many times. At the 3rd time, it finally broke out of the resistance. Opened an UP order with an expiration time of 30 minutes predicting that the uptrend would continue when the breakout candlestick was confirmed.

I won and received a profit of 80% of the investment.

FTT trading orders with Bitcoin in Olymp Trade on August 25
FTT trading orders with Bitcoin in Olymp Trade on August 25

4th order: The price rebounded when touching the strong support. After many tests, the price finally penetrated the support. Opened a DOWN order with an expiration time of 30 minutes right when the breakout candlestick was confirmed.

I won and received a profit of 80% of the investment.

FTT trading orders with Bitcoin in Olymp Trade on August 25
FTT trading orders with Bitcoin in Olymp Trade on August 25

5th order: The price went sideways to accumulate. It successfully broke out of the support after 2 tests. Opened a DOWN order with an expiration time of 30 minutes when the breakout was confirmed.

I won and received a profit of 80% of the investment.

How to get the above result

This is the best part but is disliked the most by traders. They love to eat fast and effective mental foods. Like the picture above, for example, it includes money and victories also.

As for the process, they don’t care about it because they consider themselves to know everything in all situations. It’s super-duper easy. If the situation is like this, they will avoid risks like this or whatever. But when it comes to real trading, they suck. If you are looking at the “know-it-all-professors” trading when holding something in your hands, I bet you will hit them on the head with that thing so they can get smarter.

Discipline is the most essential thing of a trader.

– Do not open short-term orders

– Never multiply investments by times

– Never go all-in

– Do not trade when there is news

These make no sense when beginners have been trapped inside a winning or a losing streak as they are quite confident with their own abilities.

The core things should not be neglected

To make it easier to imagine the need to build the core foundation, I will illustrate the employee rank in a company.

Probationary staff – New to the market

Firstly, when joining a company, you will be a probationer for 2 months to get acquainted with the work and the company’s culture. You will have to be familiar with how the company operates, the tasks of the departments, and, most importantly, your work.

In trading, when you first step into the financial market, if you meet someone with a mind, they will advise you to trade on a Demo account first because you are new. Everything around you is unfamiliar. You don’t know how it operates, how to trade in the way that is most beneficial for you.

New to the market

If you do well after the probationary (demo) period, you will be admitted to the payroll. For beginners, this is a money-making opportunity, but to me, it’s just the beginning. However, the market will favor those with serious work attitudes.

Payroll staff – Get to know the market

After 2 months of getting acquainted, you must have had some knowledge about the company you are working for. How to avoid breaking deadlines? How to make your work smooth? Partly, you can also visualize them clearly.

In a few weeks or months on a Demo account, you can open orders as fast as the wind. But don’t be proud of it because it won’t make you any penny. Maybe it even makes you regret when your hand is faster than your brain with a Real account.

Get to know the market

So the expertise and experience have been enhanced that make you a little bit understand about how to make money in the financial game. The awareness of capital management, the psychology of trading may already be in your eyes.

One thing I often see is that traders often skip the Demo account to go to a Real account. They come up with excuses like it makes them feel more realistic during trading, etc. However, the money they lose is also real money.

Expert – Develop a trading plan in Olymp Trade

By sticking around long enough, you have others’ trust to come up with plans to help your company grow. This is an important moment when your comments are appreciated.

Develop a trading plan in Olymp Trade

In trading, it is time to build up a trading strategy for yourself. They include the following:

Trading strategy

– Capital management (risk management)

– Trading psychology

Once you have completed the 3 core things of trading, you are almost certain to win. At this point, you already know what you have to do to make money. But people often underestimate the risk when the profits are easy to make.

This is considered an important milestone to decide whether you are a success or a failure. Do your research carefully before placing the first bricks to shape your trading strategy. Don’t believe in “holy grail” when you’re playing the statistical probability game. Everything can happen no matter how low the probability is. If it is greater than zero, it still can happen.

Head of the department – Make your own trading decisions

Finally, when you can be a head of a department, you must be very brave. Because the important decisions you are about to make can cause the company to suffer heavy losses if not carefully considered.

In trading, it is more simple. You can decide for yourself the survival of your account. With just one click, you can make it evaporate or profitable continuously. You are the one who decides. There is no one to manage but you, so it easily leads to subjective mistakes that make your account to collapse.

Make your own trading decisions
Make your own trading decisions

You have to be calm when facing the worst situations to find the best way to handle it. Do not take losses lightly. Find the cause and improve immediately.

To conclude

This is the sequence that you must step through before making money in Olymp Trade. It gives you a lot of experience in navigating your boat in the right direction. Discipline will help you go to success, especially in trading bitcoin.

If you are a new employee and do not know anything but have to make a survival decision, that is very risky. Jumping into trading without a plan is to commit suicide. How can you calm down in difficult situations if your mind has not been trained over time?

Most of the articles I shared are about the trading process. We want you to see how to make a profit. Because a photo with the winnings doesn’t say anything. Only going through the process can make you get the same results. So most of the time, I never show off my withdrawal orders because it will blind new traders with greed.

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Earn $660 when trading Bitcoin in Olymp Trade
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