Bitcoin Forum

What sum of money do YOU day trade with? and how much profit do you expect to earn?

It would be interesting to know how much gains (if any), different traders make on a daily or weekly basis and what sort of capital they invest to try and profit.

Looking at many of of the exchanges, you see many alt coins going up by two digit gains so I would assume capital investment of between £1/5k on some of the ascending coins would bring back a decent return?

I think to start trading can with small capital but the resulting profit is certainly not much, other if trading with large capital can be guaranteed profit will be generated will be greater.

Yeah, it depends on your goals. Though you can start in small amounts, but if you ant a good profit then you can start with a bigger amounts. Take note also that trading is a risky endeavor, always equip your self with the right knowledge, and information.

But, if you want only to learn trading in real time, 100,000 satoshi is enough to start trading, just to learn.

everyone knows that way,
even children know,
which he asks us where we invest so earn profit.
of course we must know some coins that have good potential.
so that our investment will not fail,
despite the fact that we have to keep striving to be successful through altcoin investment

It's not the same, before only 0.001 BTC for day trading when I was trying it out and the expected profit I expect is only 5%-10% that's fine to me already. The golden rule with day trading is you don't have to be greedy, as long as you gain something from that coin you trade take it and don't ask for more and wait again until it dips and just do the same process.

mostly rannge in .01 - .03 btc this is my capital in day trading.. my target price in a daily in profit in trading if how much the minimum rate job in my country thats my target evry day im claiming my profitbecause thats a my daily needs in my lifestyle..

Setting a target profit per day is I think a mistake, trading by definition is going to give to you a variable income, sometimes you are up and sometimes you are down, however a profit of 1% is great if you are able to manage to pull that off, for many that is too low but that is a lot more than what you can earn in forex and in many other markets.

I agree with you mate. For day  trading, a good 1% take home is good enough. I usually do start with .01BTC and see how it goes. If my profit is low I tend to go back to the market and try to increased my returns. But if I think that I profited enough for the day then I quit and just call it a day.

We all know that there are risk that's why its better to get out of the market and not risk everything. I'm not that greedy and target big in a day. As long as I know that my profit and I mean easy profit is already on my pocket, then I quit and do my regular job.

Because in my experience, when I tend to be greedy most of the time I lost everything specially when my emotions try to get the better of me. So I just stay focus and calm and be content of what I'm getting at the end of the day.

Starting on a small amount or a money you can loose to afford.We all know that there is always a risk in trading but knowing the skills and tactics in trading to avoid loosing money.It would be interesting to gain more profit if you have a target.

Personally I don't trade but I have a friend who started with $500, he aims to make %20 per week on average so as to double his money about each month. I think he got it up to about $4000 but now he has had to draw some money down each week so is pretty static. I guess each day that would mean he's making about 2-3% or 80-120 usd.

OP, I started trying to day trade with $1000. But clearly that was not enough to make enough money to make it sustainable. I estimate a starting amount of $10,000 would be better suited for day trading only if you have the skills. If not, it would be better for you to buy and hold. It is much safer and luckily Bitcoin has a long way to go before it reaches its real price potential.

For me a 300 USD is a good start for trading.

You dont need high capital when trading crypto.

However just dont expect a high return with 300USD starting capital

risk only 5% or 15 dollars for your every trade.

a 20% increase per month in your portfolio is a good sign

i think that capital that we can use for day trade is different than the others. some of us is telling that they use $500, $1000, $1500 or even bigger than that amount but I think its not about the amount that we can use but how we can make profit in daily with minimum amount to reach bigger profit. so I think you can start with $50-$500 for daily trade and I think you can make a good profit if you can pick the right coins that will help you to reach your goals.

Well I wouldn't say I have a capital in trading. Because I am trading those what I can get from bounty campaigns. Well, if I will create a summary for that my capital is only 1000 USD.

Small and big capital is relative to the investor. Personally, Ive lost a lot to day trading so I no longer do it and I advice against it. It can be stressful and and drains one of energy, I just buy and hold, it seems like a better strategy to me. If you must trade, go in small.

I use about 50% of my funds ( ~ 2,000$) for daytrading, rest is being hold for the long term.
As stated before, you can't really set a daily goal or somethink like that. I don't stick to a single coin but try to divide it into 2-4. I buy in a dip and sell at about + 5-10%. It is highly depending on the current market situation of the coin. But 1% daily is achievable. I started with around 500$ back in June.

I day trade with $1500 or so.

It depends on which altcoin I trade with. Usually it goes from 500-1000$,because the return is usually higher if the initial capital is high, but the losses can also be high at the same time, so circumstances need to be critically analyzed and then the appropriate investment should be made.
Usually, gains are caused by the pump mechanism of the whales but then if one invests at the time it's getting dumped then that'd be real bad luck.

Making that amount of money per day is great but at the same time earning money in trading right now is not that difficult, bitcoin had a great run and everyone earned money, earning money when all the market is red is impossible and at that point the wisest play is to not enter the market but for a trader that is concentrated in making profits every day that can be one of the most difficult lessons to learn and may end up making a lot of bad trades and losing money as a result.

I like to put 0.5 Bitcoin in the trading account but I have most of that in orders that aren’t executed each day. So most of it is not actually used every day for trades but it is available for trading when the price is right for each particular coin I am trading. I basically wait for the right time to trade but I have orders in for my target prices on most cryptocurrencies I deal with.

Everyday I trade with 300$ and at the end of the day I have  500$, and what about you ?

Yeaaa become a day trader really cost you a lot of time and energy , you have to watch the market every single minute.
Otherwise you will miss the golden opportunity making money in short period safely.
Doesn't matter about the capital size , the only matter is to make your trading produce you a steady income.

I feel you. Like you're doing day trade but end up swing trade. ;D
Can't blame for the orders that sometimes there are much cheaper or much higher bid than you that's why I'm thinking now to move to swing trading as mostly of the whales are also into swing trading and I want to ride their pumps.
When I'm doing day trade I always start with 0.006btc and I close my day with at least 0.009 and it's not a bad day after all.

I personally do more of a buy and hold trading I buy fundamentally strong coins and hold them from 6months to 1 year period. other than that I once in a while do day trading with 20% of my portfolio.
yes, every day some coins do rise by double figures but it is still very difficult to day trade it is not easy as it looks.