Another Look At My Stormgain "Mined BTC Only" Trading Strategy

Back in July I reported that I had adopted a new crypto-futures trading strategy on the Stormgain trading platform. In the article I wrote that instead of trading with my profits from previous successful trades, which enabled me to trade with larger and larger amounts of crypto, I would only trade with crypto that I had mined directly on the Stormgain platform, and...

"instead of adding my profits to the trading pool, I send them across to my Bitcoin wallet on Stormgain, effectively separating my profits from my mined assets that I use to open futures trades..."

See the original article @ https://ctptalk.com/proofofbrain/@hirohurl/the-4th-version-of-my-stormgain-crypto-futures-trading-strategy

First Attempt To Profit From My New Strategy

It took me a while to mine $10 worth of crypto, which is the minimum amount you can trade with on the Stormgain platform, but I quickly doubled my money and sent my profits across to my Bitcoin wallet.

Shortly after, however, I opened a losing trade and closed it out at -50%, reducing my mined crypto to just $5.

Back To The Coalface!

So for the next three weeks or so, I simply kept on mining crypto on the Stormgain Bitcoin Cloud Miner until I had mined another $10 and was able to add to the remaining $5 worth of mined crypto and start trading again.

Even though I now have $15 worth of mined to trade with, I continue to make $10 trades (with 5x leverage). The remaining $5 serves as emergency back up to be "auto invested" into a declining position to keep it alive, OR kept in reserve if I decide to close out a losing trade. That way, I should be able to keep on trading for longer with my mined assets.

And all the time, I keep on mining more crypto in the hope that I can gradually increase the amount I can trade with while always separating out my PROFITS and sending them across to my Bitcoin wallet.

Here's the state of play with my miner at present. Still have a way to go to the next $10 worth of mined BTC!

Trading Again With Modest Profits So Far...

I started trading again in this way a few days ago. So far my profits have been much more modest, but I have not yet suffered any losses. Even when I close out a trade with just a few hundred satoshi in profit, I still send the profit across to my Bitcoin wallet.

And when I hit the minimum withdrawal limit, I will send my profits across to FreeBitcoin where they will earn 4.28% APY!

I like this new strategy. It is slower than previous versions, but this way I can trade without any risk to my assets and can lock in my profits no matter how small they are.

Here's a small trade that I closed out just before writing this post:

Fancy a go at crypto futures trading without burning a hole in your pocket or your crytpto stash? Get started here: https://app.stormgain.com/friend/BNS17362669

Or find out more about this and other ways to earn crypto for free by subscribing to my Beginners Crypto Course (You'll get something from it, even if you're not a beginner!)

Cheers!

David Hurley
#InspiredFocus