Tuesday, March 2, 2021
Only Bitcoin Market News
Advertisement
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
Only Bitcoin Market News
No Result
View All Result

The Beginner that Beat the Bitcoin Market

7 months ago
in Beginners
4 min read
The Beginner that Beat the Bitcoin Market
Share on FacebookShare on Twitter


  • Last year, I published “The Beginner’s Guide to Investing in Bitcoin”
  • One of my readers has been in touch with how he tried it out in real life.
  • Following the strategy, his initial investment has risen 66% in a year!

Last year, I published “The Beginner’s Guide to Investing in Bitcoin (including $10 free Bitcoin as you get started)”.  Unlike so-called “get-rich quick” schemes, the “Beginner’s Guide” didn’t require handing over hard-earned money to a likely scammer.  After all, how can a novice investor learn and improve, unless they remain in full control of their investment at all times? 

The idea was to buy Bitcoin when everyone else was selling it, and then sell it back to them when they were buying it again.

Nor did the “Beginner’s Guide” claim any secret insights into speculative geopolitical and economic events to somehow foretell Bitcoin’s price movements.  There is no crystal ball.  Rather, the “Beginner’s Guide” set out a mathematical strategy to beat the Bitcoin market: a formula simple enough for the first-time-trader, armed with just an ordinary calculator, to work out when to buy the “lows” and sell the “highs”.

The idea was to buy Bitcoin when everyone else was selling it, and then sell it back to them when they were buying it again.  After all, you’ll never beat the market by following the crowd!

It all looked great in theory, but how would it work in practice?

A year on, one of my readers has got in touch to tell me how the strategy’s worked for him.  In August 2019, he read the “Beginner’s Guide,” thought that its mathematical strategy made sense on paper, and so decided to try it out for real.

The green circles show when he bought Bitcoin, and the red circles show when he sold it:

As you can see, my reader successfully bought the “lows” and sold the “highs” (well, except for in March, when apparently he wasn’t keeping a close-enough eye on the market!).

My reader also told me that he’d tried out the same strategy to trade another Cryptocurrency called Ethereum:

Again, in the main, he bought the “lows” and sold the “highs.”

So, what was the outcome?

A year on, my reader has successfully turned his initial £400 investment into £665, which is 66% profit – far more than he would have made by leaving it in the bank, or even by “hodling” it.

The “Beginner’s Guide” set the novice trader the goal of doubling their initial stake, and then cashing out what they started with.

The “Beginner’s Guide” set the novice trader the goal of doubling their initial stake, and then cashing out what they started with.

If my reader manages to do this, he will have avoided losing any money in the notoriously volatile crypto market, and whatever’s left will be a bonus.  Speaking to him, he seems quite confident!

Have you also put the “Beginner’s Guide” into practice?  If so, let us know how you got along!  What did you learn on the way?  Do you have any…



Read more:The Beginner that Beat the Bitcoin Market

Related articles

Bitcoin Trading Tips to Follow – London Post

Bitcoin Trading Tips to Follow – London Post

March 2, 2021
A beginner’s guide to paying less tax (if you’re very rich)

A beginner’s guide to paying less tax (if you’re very rich)

March 1, 2021
Tags: beatBeginnerBitcoinbitcoin news todayMarket

Related Posts

Bitcoin Trading Tips to Follow – London Post

Bitcoin Trading Tips to Follow – London Post

by Bitcoin Market
March 2, 2021
0

Establishing the best approach to crypt trading will give you a chance to deal with the impressive amount of...

A beginner’s guide to paying less tax (if you’re very rich)

A beginner’s guide to paying less tax (if you’re very rich)

by Bitcoin Market
March 1, 2021
0

What’s the problem? A lot of millionaires are paying tax at a rate lower than the lowest earners in...

Are Crypto Trading Brokers Scam?

Are Crypto Trading Brokers Scam?

by Bitcoin Market
March 1, 2021
0

There are many crypto trading brokers in the market, some legit, and some who are not. Crypto trading scams...

Confused about Bitcoin as I am? Some answers to your questions | Opinion

Confused about Bitcoin as I am? Some answers to your questions | Opinion

by Bitcoin Market
February 28, 2021
0

It's been quite a few weeks, news-wise, for Bitcoin, specifically, and the world of crypto-currency in general. For instance,...

After the worst start in 30 years, gold losses sheen this February

After the worst start in 30 years, gold losses sheen this February

by Bitcoin Market
February 28, 2021
0

The gold, which was the worst beginner in the last 30 years, lost some shine in February as well....

Load More

Trend Now

  • Trending
  • Comments
  • Latest
Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

June 8, 2020
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

May 19, 2020
Argo Blockchain boosts mining margins in July

Argo Blockchain boosts mining margins in July

August 5, 2020
Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

February 18, 2021
Bitcoin boom backstopped by central banks’ easy-money policies

Bitcoin boom backstopped by central banks’ easy-money policies

February 4, 2021
5 Cryptocurrency Staking Providers – A Review | Hacker Noon

5 Cryptocurrency Staking Providers – A Review | Hacker Noon

January 30, 2021
Bitcoin’s value falls by over 10% after hitting all-time high

Bitcoin’s value falls by over 10% after hitting all-time high

0
Bitcoin daily chart alert – Bullish chart pattern develops – May 19

Bitcoin daily chart alert – Bullish chart pattern develops – May 19

0
Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

0
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

0
Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

0
Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

0
Bitcoin’s value falls by over 10% after hitting all-time high

Bitcoin’s value falls by over 10% after hitting all-time high

March 2, 2021
Legendary investor Jim Rogers warns of ‘bubble stocks,’ predicts a gold-and-silver

Legendary investor Jim Rogers warns of ‘bubble stocks,’ predicts a gold-and-silver

March 2, 2021
Bitcoin volatility rocks market for graphics cards in China

Bitcoin volatility rocks market for graphics cards in China

March 2, 2021
En route to $200K? Bitcoin closed February 26% above Stock-to-Flow model price

En route to $200K? Bitcoin closed February 26% above Stock-to-Flow model price

March 2, 2021
Cryptocurrency This Week: Weighing The Impact Of A Potential Ban, How To Tax Crypto &

Cryptocurrency This Week: Weighing The Impact Of A Potential Ban, How To Tax Crypto &

March 2, 2021
NIO, Zoom Video, Bitcoin, Target and Kohl’s – 5 Things You Must Know Tuesday

NIO, Zoom Video, Bitcoin, Target and Kohl’s – 5 Things You Must Know Tuesday

March 2, 2021
  • Contact Us
  • Terms of Use
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA

© 2020 MarketForBitcoin.com

No Result
View All Result
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos

© 2020 MarketForBitcoin.com

  • bitcoinBitcoin(BTC)$48,945.001.75%
  • bitcoin-cashBitcoin Cash(BCH)$538.229.97%
  • binance-coinBinance Coin(BNB)$252.100.436%
  • bitcoin-goldBitcoin Gold(BTG)$27.155.94%
  • bitcoin-privateBitcoin Private(BTCP)$0.369-24.36%
  • blocktixBlocktix(TIX)$0.0200.00%