YOU CAN GET A SALARY OF EIGHT BITCOINS A MONTH

in #bitcoin6 years ago

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To begin with I am going to clarify an important point. I'm not talking about getting a salary of eight bitcoins a month without investing money. This article is about everyone who has set up a business, of all the people - many of them - who have paid a transfer for a bar, a tobacconist or a fruit shop, who have bought a taxi license or have opened a store of electronic cigarettes, baby clothes or have mounted any kind of company starting from scratch. They are very valid options but I want to develop the idea that there is a good alternative.

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The article is aimed at anyone who has the intention of mounting something because it has a capital or can get it. Also to those who have a capital that is yielding more or less 2% if it arrives, before taxes, by putting it on a fixed term for at least twelve months.

All those people who commented before have invested money with the intention of generating more. Some have paid 15,000 euros for transferring a bar, another 50,000 for a simple taxi license, others have not paid transfer and what they have done has been to start a business or franchise of zero. In the best of cases, if the business does not require too much investment, the costs of putting it into operation will have increased 15,000 euros, maybe you have to add another thousand if it is a franchise.

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In short, there are many different cases but all with a common denominator, have needed a heavy initial investment only to be launched, in addition to the permanent fixed costs of management, rent of premises, personnel, material, taxes, etc. .and all without any guarantee that they will work and give benefits. In fact, in many cases, recently launched businesses have closed in a short time with losses and debts and with everything invested lost. Unfortunately I am radiographing a reality.

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Be careful, I am not telling anyone not to start a business if they have a great idea, that they do not open a store if they see that the opportunity is very good or that they do not dedicate the money to doing what they always wanted. I am talking to someone who has to put something together because something has to be lived, who opens an electronic cigarette store (new version of the video store) because it seems that it is the business that works (more than 80% are already closed and their owners are in debt ), who takes the transfer of a bar even knowing that the performance is limited or who mounts a candy store that even inflating the numbers will give you more than 800 euros per month. I sincerely believe that there is a better way to invest that money.

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We will give a fixed figure without counting additional expenses or if the investment has been lower or higher. Let's say that 15,000 euros have been invested in that business, or that those same 15,000 euros are available to save. In the best of cases, this money will allow us to start a business which gives us to collect a salary. This is a chimera many times but let's say it's like that. If we save them, in a minimum of twelve months we will have that capital and 2% more.

Now imagine that we invest this money in Bitcoin.

Let's put a price on it, for example the 210 euros to which it is quoting right now. With 15,000 euros, we would buy 71.42, which will be rounded to 72 bitcoins. Well, first advantage, we have the bitcoins, they have not gone to a transfer or to buy material or pay salaries.

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It is possible that our 72 bitcoins increase their value by own quotation, it is more than likely, although it can also happen that this value decreases. Evidently, at the price that is bitcoin, at the end of a correction, almost at biannual lows and with great perspectives of future revaluation, it is not unreasonable to think of it simply as an investment. We will not do it, we will imagine that its value neither increases nor diminishes and we will only achieve what we can make it yield.

As we do not need a local or personal or any expense that is not a PC and a Wi-Fi connection that we will surely have, all the capital, or 72 bitcoins, will be our working capital. Think about it, when you set up a business you first invest the capital and then you get the result of the investment. If it goes wrong you stay at the best without capital and at worst without capital and with debts. If it goes well you usually get a salary.

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We are going to operate in the OKCoin futures market looking for our objective. Obviously we will not go into the bag, we will learn trading rules first, we will follow signal forums like Forobits, we will learn to read graphics and we will become familiar with future ones. There is a rule that we can not skip under any circumstances and is the management of capital. We are never going to risk more than 5% of our capital in an operation, which means that at the most we will risk 3.6 bitcoins per transaction.

That already gives us an obvious advantage since we will have all the capital when we start. If we lose everything we put into play 10 times - two possibilities, or revise the operative or we definitely dedicate ourselves to something else - we will have lost 50% ... still in that extreme case, having realized that trading is not Ours would have cost us only 7500 euros.

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We have much in our favor, to be able to learn, which is something that depends on us and not on "circumstances", the control of capital, the knowledge that costs will not skyrocket, work for ourselves, not knowing the roof in the benefits if we do it well, among many other advantages, such as the possible revaluation of our investment, for example.

On the other side you have to put your own too. Trading is very difficult, you need a lot of self-control, a good system and never skip the management of capital. It is boring although it seems the opposite, monotonous and the market is open 24 hours a day, so the schedules and operations have to adapt to it.

THE OPERATION
First we have to know our working instrument. As I said, we will use OKCoin. We will register and open an account, then we will make an income not of the 72 bitcoins, it is not necessary, but not only of the 3.6 that we will use in each operation. A good amount to enter can be between 10 and 15 bitcoins. A very important point is to familiarize ourselves with the platform with which we are going to operate. We will have to know it well and that a failure does not cost us money.

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Leverage gives us the possibility to enter with about 90 contracts per operation. This in itself already carries a particularity that is that the inputs and outputs will be staggered. I'm not going to talk about the system. There are many, they are taught in trading courses, in blogs, in forums like the one I've put before and also you should not use a single system, each one should adapt the operative to your time, emotional, personality, etc. circumstances. ..

But it is easy to understand that if you get a statistically winning system, whatever it is, boxes, impulses, scalping, stops, breakage ... what will play in your favor is the amount you enter in each operation. What you need to earn 8 bitcoins a month is to get a winning system statistically and make accounts of the operations you need with your numbers to get that amount. The weapons are there, the capital is there, the system is invented, the platform allows it and only you can do it or not.

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