Andreas (safetrading.today)
How long do you trade in general?
Crypto Snake VIP Elite
OMy trades vary from short, medium, and long term holdings. Based on the macro trend I generally select several alt coins for long term holdings that can produce anywhere from 30-100% profit over 8-12 weeks. However I also offer bitmex trades which can generally trigger within 24 hours of posting and offer a quick 25-35% profit for short term trades. Medium hold trades are generally between 10-15% profit on KuCoin / Binance respectively for around 1-2 weeks.
Andreas (safetrading.today)
What was your financial market before you started to trade cryptocurrency (USA, Europe, Russia, New York, Forex)?
Crypto Snake VIP Elite
Although I had dabbled in Forex and Stocks, I did not perfect my strategies trading until Cryptocurrency arrived on the scene. I have been in the crypto scene since bitcoin was valued under 1000$.
Andreas (safetrading.today)
Do you work/Did you work in other trading companies? If yes - in which ones? Is it a public or private company?
Crypto Snake VIP Elite
No.
Andreas (safetrading.today)
Did you trade with your own money or with money of your company where you did trading?
Crypto Snake VIP Elite
I only trade with my own funds.
Andreas (safetrading.today)
Please provide contacts (Telegram, Viber, Skype s.o.) of the person who can guarantee you did trading in that company.
Crypto Snake VIP Elite
I do not trade for a company.
Andreas (safetrading.today)
How much money did you earn while trading?
Crypto Snake VIP Elite
That number varies from month to month depending on market conditions and tends to move with the bear / bullish cycles. One month I could pull upwards of 500% gains, other months only 100%.
Andreas (safetrading.today)
How long do you trade cryptocurrency?
Crypto Snake VIP Elite
I began trading Bitcoin into alt coins on the Poloniex exchange around 2014-2016.
Andreas (safetrading.today)
Is your company legally registered?
Crypto Snake VIP Elite
I share my personal entries and exits and do not do fiduciary management so I am not registered as an LLC.
Andreas (safetrading.today)
Do you have your own office? Could you provide its address?
Crypto Snake VIP Elite
No.
Andreas (safetrading.today)
Can you name real people who were the initiators of this projects? Would be perfect if you could provide their contacts too.
Crypto Snake VIP Elite
I am a self starter.
Andreas (safetrading.today)
Which crypto exchange do you use for crypto trading and why?
Crypto Snake VIP Elite
Binance / KuCoin due to security reasons these exchanges are less likely to result in fraud or theft.
Andreas (safetrading.today)
How many people are there in your team?
Crypto Snake VIP Elite
1.
Andreas (safetrading.today)
How much time do you use on preparation for trading every day?
Crypto Snake VIP Elite
Trading is my life, it is how I make my money and how I pay my bills. I spend every day trading, charting, and engaging with my community because it's not only a job for me, but I enjoy it.
Andreas (safetrading.today)
How much time do you trade every day?
Crypto Snake VIP Elite
16 hours at least.
Andreas (safetrading.today)
How often do you open a deal (1 time/day, 1 time/hour)?
Crypto Snake VIP Elite
This depends on market conditions, if the market is high volume with a fresh and consistent direction then it could be upwards of one every day, sometimes twice a day. If the market is stagnant and low volume prone to violent wicks I may call a no trade day all together.
Andreas (safetrading.today)
Do you trade on your own or use a bot?
Crypto Snake VIP Elite
I trade on my own, however my channel does utilize the Cornix Trading Bot to automatically enter my entries / exits for trading to my subscribers if they wish to use it.
Andreas (safetrading.today)
Does your trading strategy take into account a fundamental analysis of crypto market or assets? Please provide an example of such an analysis.
Crypto Snake VIP Elite
Yes, all of my analysis whether it is on Bitcoin or Alt Coin takes advantage of in depth analysis. I generally do not make a trade unless it has a very high chance of success due to trend line breaks, support / resistance breaks, extreme oversold/overbought conditions in one direction or another or tell tale signs of a momentum shift. I do not gauge my assessment based on "news", generally these opportunities leave people "rekt" and I avoid trading those assets during those times. All of my analysis is based on indicators and a time tested strategy.
Andreas (safetrading.today)
Is your trading strategy based on technical indicators? If yes - which indicators do you use?
Crypto Snake VIP Elite
Yes - I use personally coded indicators but I have studied several indicators and use them in conjunction with my indicator. These indicators include: MACD/RSI/Ichimoku/SAR & more.
Andreas (safetrading.today)
Is the preservation of capital or multiplication of it a priority for you?
Crypto Snake VIP Elite
Both are equally important, preservation of capital is just as important as increasing assets during a bear market, during a bull market gaining value is more important.
Andreas (safetrading.today)
What is the win rate percentage of your strategy?
Crypto Snake VIP Elite
85.73%.
Andreas (safetrading.today)
Which Risk Reward do you use in trading?
Crypto Snake VIP Elite
I generally prefer to stick to above a 3:1 risk to reward ratio.
Andreas (safetrading.today)
Can you provide an amount of deals made on cryptocurrency market?
Crypto Snake VIP Elite
I have made thousands of trades, it would be too difficult to track a specific number across exchanges.
Andreas (safetrading.today)
With what Buying Power have you started?
Crypto Snake VIP Elite
I started in the Crypto space mining assets and a meager 300$ worth of Bitcoin.
Andreas (safetrading.today)
What Buying Power do you have now?
Crypto Snake VIP Elite
Using compound interest, through my diversified assets I have over 120 BTC.
Andreas (safetrading.today)
Do you have an experience of fiduciary management of clients’ capital?
Crypto Snake VIP Elite
No.
Andreas (safetrading.today)
Please provide contacts of the person who can confirm your experience in fiduciary management of his/her capital?
Crypto Snake VIP Elite
I do not engage in fiduciary management.
Andreas (safetrading.today)
How much money have you earned with crypto market?
Crypto Snake VIP Elite
Due to the fact that I treat cryptocurrency trading as a full time job, it's hard to gauge the total amount due to bills and expenses, but I have been able to purchase a house and live comfortably off of my trading success.
Andreas (safetrading.today)
Name please the cryptocurrency you earned the biggest amount of money with?
Crypto Snake VIP Elite
Bitcoin Leverage for 5000% gains on a long term trade.
Andreas (safetrading.today)
What is your trading result as a percentage of the starting deposit at the moment?
Crypto Snake VIP Elite
With the initial deposit of 300$ which factored into about 0.6 BTC, I have made 213333% profit over my career.
Andreas (safetrading.today)
Do you follow other crypto traders? If yes - which ones?
Crypto Snake VIP Elite
No.
Andreas (safetrading.today)
Do you use signals of other crypto traders? If yes - which ones? Is it BitMEX, Binance, Bittrex, Bitfinex or Poloniex?
Crypto Snake VIP Elite
No.
Andreas (safetrading.today)
Do you use leverage? How often and which one?
Crypto Snake VIP Elite
I discourage any of my members from using leverage with anything more than what they're willing to lose entirely, as leverage trading is inherently dangerous. Generally leverage is kept at a maximum to 25x, but base line between 5-10x all based on personal preference.
Andreas (safetrading.today)
How risky is your trading?
Crypto Snake VIP Elite
I have several forms of trading. Leverage trading is inherently dangerous and should never be done with anything that you aren't comfortable losing entirely, generally leverage trades are done every few days to kill time between the medium to long term trades, which are generally considered safe, on other exchanges. The leverage trades are only intended to bolster the overall portfolio with quick profits which are generally withdrawn after exceeding a certain amount. That being said, all of cryptocurrency is a risk and should be considered before engaging in trading.
Andreas (safetrading.today)
Which risk percentage do you set on every deal?
Crypto Snake VIP Elite
I encourage sliding stop losses to entry on long term trades once they have moved into profit, but an acceptable risk is generally 10% depending on the R/R ratio.
Andreas (safetrading.today)
What maximum drawdown did you have? How did you get out of it?
Crypto Snake VIP Elite
For alt coin positions I always diversify heavily across several promising coins so if one falters and doesn't move into profit I can sell out of the one's that are in profit and dollar cost average my entry back into profit.
Andreas (safetrading.today)
Do you have a maximum drawdown limit at which you stop trading and no longer work?
Crypto Snake VIP Elite
Due to the success rate of my strategy it requires a great deal of patience. I know that it stays consistently profitable, some bear cycles are worse than others, but patience equals profit.
Andreas (safetrading.today)
Is your risk constant or variable?
Crypto Snake VIP Elite
Variable, risk always changes depending on the market. For example, if the SEC decides they don't want anyone trading cryptocurrency, the risk obviously increases. If an entire nation adopts cryptocurrency, the risk reduces.
Andreas (safetrading.today)
Have you had margin calls?
Crypto Snake VIP Elite
Yes, I do margin calls.
Andreas (safetrading.today)
Do you think it is possible to gain profit from every deal in crypto trading?
Crypto Snake VIP Elite
Theoretically, yes, but as a full time trader I know in actuality there is always the possibility of unforeseen events. Even the best traders are not correct 100% of the time unless they are incredibly lucky. As a professional trader you must be willing to accept the loss and never risk more than you are comfortable losing entirely. As long as your gains out weigh your losses you can make consistent profit in this market.
Andreas (safetrading.today)
Do you think it is better to risk and earn a lot of money or to risk with small earnings?
Crypto Snake VIP Elite
There is a delicate balance between the two. For leveraging, I often encourage my members to stay consistent with their trading amounts to take advantage of compound interest, however for long holds / medium holds diversification of a large amount into several small amounts is often a better strategy to maintain a better average profit.
Andreas (safetrading.today)
Do you listen for other people’s advice while trading?
Crypto Snake VIP Elite
As someone who has been trading for years in the crypto space I have come across tips, strategies, and advice that helped me to build my strategy to the point it is today. Knowledge is power, especially in the crypto space.
Andreas (safetrading.today)
Do you think emotional background has an influence of traders’ results? Please describe such a situation from your own experience.
Crypto Snake VIP Elite
Yes, emotion should never be involved in your trading. I have seen several traders let their emotions take over with "FOMO" only to gamble away everything they had. This is especially true with leverage trading, the emotional thrill of seeing money often drives people to continue gambling and I always encourage patience and cool heads from my members.
Andreas (safetrading.today)
Do you have a cryptocurrency market statement certified by a broker?
Crypto Snake VIP Elite
No.