Crypto Guide

How to get started

 

The main objective of this PDF is helping you maximize your profits by learning how to start  from scratch, manage Take Profits, risk, leverage, and other key factors. It is not our intention  to explain deeply what the cryptocurrencies are, which factors affect changes in their prices, or  any other aspect that is not 100% relevant when it comes to successfully following our signals.  We will, however, start with a short introduction for you to follow everything we explain.

Step 1. How do I start?

Step 1.1: Download the following apps:  

  • Telegram (available in App Store and Play Store) 
  • Bybit, Binance or Kucoin (available in App Store and Play Store) 

We recommend Bybit or Kucoin as the best platform to follow our crypto signals because of its low commissions and it’s available in most countries.

Sign up to one of the exchanges here 

Bybit – https://www.bybit.com/register

Kucoin – https://www.kucoin.com/ucenter/signup

Binance – https://www.binance.com/ 

Step 1.2: Deposit funds in Bybit, Binance or Kucoin.

Deposit your funds in Bybit, Binance or Kucoin: 

You have to deposit or buy USDT, since we are going to do all  the operations with this pair. Finally, you must transfer the USDT from your Spot Account to the Derivatives / Futures Account, which is where we will operate. 

Step 2. How to follow our signals step by step

The signal showcases the entry zone, take-profit (TP) levels, a stop-loss (SL) level, and other relevant details such as the recommended leverage. It’s critical to follow the entry zone guidelines to align with the provided strategy.

IMPORTANT RULES:  

  • If you see a signal that has already hit some take-profit, don’t enter that signal. Wait  until the next one. 
  • If a signal doesn’t hit the entry zone in 24 hours after having shared the signal, the  signal will be considered as NULL.  

 

VIP MEMBERS:

For our VIP members, we offer convenient features for following signals:

  • One Click Follow: VIP members can follow signals with just one click.
  • Auto-Follow with Cornix Bot: VIPs can automate their trading with the Cornix bot, ensuring they never miss a signal.

VIPs are also provided with a detailed Cornix bot setup guide.

 

FREE MEMBERS:

Free members are required to follow signals manually, which includes:

  1. Platform Selection: Our signals are designed for use with futures platforms of Bybit, Kucoin or Binance Futures.
  1. Entering Trades on Futures Platforms: Here’s how to manually enter trades on Bybit Futures, although steps are very similar on Kucoin and Binance also:
  • Access Bybit: Log into your Bybit account and navigate to the Futures section.
  • Select the Asset: Navigate to the Futures section, and search for the cryptocurrency pair as indicated in the signal (e.g., ENS/USDT).
  •  Trade Execution:
  • Entry Zone: Enter a buy position within the entry zone.
  • Take-Profit Levels: Set your take-profit orders at the TP levels indicated.
  • Stop-Loss: Set a stop-loss at the SL level to manage risk.
  • Leverage: If leverage is recommended, apply it cautiously.

Please ensure you follow local regulations and the rules of the trading platform you are using.

Step 3. How to manage take-profits

The management of Take Profits depends on the level of risk you want to assume and  the amount of money you have invested in your account. There are different strategies:  

  • Strategy 1 – Risk level: Low

In the long term it is the most profitable strategy, but it requires time and patience. The  strategy is simple: Open 1 order with the Take-Profit 1 (TP1), with the 10% of your total funds.  

Using the stats of January 2022 as an example to calculate profits, we shared 53 signals: 52  signals hit TP1 and the % of profits for TP1 is around 4%. 

➢ Profits TP1 = 52*4= 208% ➢ Losses TP1 = 60*1 = 60% 

Total profits = 148% approx. per month 

Strategy 2 – Risk level: Medium  

The strategy consists of opening 2 different trades in the following way:  

-One trade setting the TP1 with the 50% of the funds you’re going to invest in the  signal.  

-A second trade setting the TP2 with the other 50% of the funds earmarked for the  signal. 

So, if you have 1000$ and you´re using 100$ per signal, 50$ will go for TP1 and 50$ will go  for TP2. 

Using the stats of January 2022 as an example to calculate profits, we shared 53 signals: 52  signals hit TP1 and 49 signals hit TP2. The % of profits for TP1 is around 4% and for TP2 is  around 12%. 

➢ Profits TP1 = 52*4 = 208 / 2 = 104% ➢ Losses TP1 = 1*60 = 60 / 2 = 30% ➢ Profits TP2 = 49*12 = 588 / 2 = 294% ➢ Losses TP2 = 3*60 = 180 / 2 = 90% *We divide by 2 because there are two open orders per signal 

Total Profits = 278% approx. per month

Strategy 3 – Risk level: High  

The strategy consists of opening 3 different trades in the following way:  

-One trade setting the TP1 with the 33.33% of the funds you’re going to invest in the signal.  

-A second trade setting the TP2 with the other 33.33% of the funds.  

-A third trade setting the TP3 with the other 33.33%. 

So, if you have 1000$ and you´re using 100$ per signal, 33$ will go for TP1, 33$ for TP2 and  33$ for TP3.  

Using the stats of January 2022 as an example to calculate profits, we shared 53 signals: 52  signals hit TP1, 49 signals hit TP2 and 35 hit TP3. The % of profits for TP1 is around 4%, for TP2  is around 12% and for TP3 is 40%. 

➢ Profits TP1 = 52*4 = 208 / 3 = 69.33% ➢ Losses TP1 = 1*60 = 60 / 3 = 20% ➢ Profits TP2 = 49*12 = 588 / 3 = 196% ➢ Losses TP2 = 3*60 = 180 / 3 = 60% ➢ Profits TP3 = 35*40 = 1400/3 = 466.66% ➢ Losses TP3 = 18*60 = 1080/3 = 360%  *We divide by 3 because there are three open orders per signal 

Total profits = 478.66% approx. per month 

RISK WARNINGYou must take into account that the calculations made in the strategies  explained above are not always the same every month, so you must carefully see and  analyze which one best suits your level of risk.

Step 4. What is leverage?

Imagine you want to buy a 100,000$ house, so you go to the bank to take out a loan.  The bank requires you to supply 20% of the value of the property as a down payment on the  loan. The result is that, for 20,000$, you can access a property valued in 100,000$. This is an  example of leverage in real estate. You have bought the house at a leverage of 5x (20,000 is 1/5  of 100,000). 

One year later, the real estate market has appreciated by 10%, so your house is now  valued 

in 110,000$ and you decide to sell it. If you had not asked for a loan and you had paid for  the entire house from the beginning (100,000$), your profits of your initial investment would  effectively be 10% (10,000$). However, the fact that you only invested 20,000$ and used the  leverage, means that those 10,000$ of house appreciation no longer represent only 10% of your investment, but you will have made a much more profitable operation that will have given you  a return of 50% (10,000$ profits with an investment of 20,000$, which coincides with the result  of multiplying the theoretical profits-10% by your leverage-5x). 

Now, let’s apply this logic to a crypto trade. Imagine you buy BTC at 30,000$ with TP1 at  30,200$, and leverage is 10x. If you wouldn’t have had leverage and it hits TP1, the % profit you  take is (30,200/30,000)*100 = 0.66%. However, with leverage, you multiply that % by 10, so your  total profit when it hits TP1 is 6.66% of your initial amount. 

➔ If you want to know more about leverage, we recommend that you watch this video:  https://www.youtube.com/watch?v=OUswxUrqYu0. 

Step 5. Final recommendations

Crypto trading requires a high amount of patience and discipline. You should not assess  your results the same day you start. Wait some weeks as you learn how to follow our  signals and manage your funds correctly.  

  • Results are calculated just considering the Take Profit or Stop Loss level. It means they’re  indications, not considering a certain take profit strategy. We do it this way because not  every customer manages the take profits the same way.  
  • If your initial inversion is low, don’t assume huge risks to get bigger gains faster.  
  • This is a mid/long-term game, so don’t expect to go from 100 do 1000$ in one week.  Instead, be disciplined and constant, and remember that your gains will compound little  by little.  
  • Remember that these % we share are indicative and may differ between traders,  depending on the trading strategy used and the risk assumed.  

• If you have other questions, there’s a FAQ (Frequently Asked Questions) section in our  website.