Bitcoin Forum

I have got 100 verge at binance. What should I trade with. I want to learn how to make atleast $20 a day just by trading from home. Just a newbie trying to learn trading. Any expert opinions or guidance or suggestions please?

Yes don't just look at graphs on coinmarketcap but rather get an understanding of three forms of analysis. Those are technical, sentimental, and fundamental, if you understand these you stand to do well imo.

$20 a day with a $22 investment is like saying that you own a million dollars and you want to make a million dollars a day.

Can you understand how crazy it sounds? if you try to be in the shoes of a person who says that, you will understand that $20 a day with an investment of $20 is impossible.

If you want to earn that amount, at least, try to invest $1000 or $3000, without that amount of money you are nothing on the market.

Yes I agree. Since the exchange is not a place where you can or you need to try to win 100% at what every day). Volatility of currencies, even fortunately, probably is not so huge. With this approach and deposit it is a clean lottery. It is better to buy cheap or undervalued currency for this money and maybe in a year it will give X10, and maybe X100, if very lucky). Chances are not less than in the first case)

Thank you for your advice. Nothing is impossible afaik. Within 3 months with these 20$ investment I will achieve $200 and I wont invest a single penny at all. With this much investment, research and hardwork I will achieve my goals

Must be a kid trolling lols.  20usd a day is possible during pre altseason and altseason.  But during bearish period daily income of 20usd from day trading is so hard unless you have a huge money.

If you do not have much trading experience and you have to deal with doing that you should do well to learn first and then suddenly suddenly it is your competition and not when we should be careful and first watch youtube with others more information and that you should not just have to make sure that you have a steady coin for long time to earn that coin.

Well  for me if people want to trade then they'll be it. As the market is there so trading is always good just be intelligence for it, in terms of trading user must always be active and monitor evrything happens inside the market.

There is no way that is gonna happen, 100 Verge (0.151174 per coin) is only equivalent to $15+ right now and that is a very small amount and even not enough to make $20 a day, trading it with other cryptocurrency, possible if the coin you bought suddenly pumped 100%+ of its current price but that's not always happening. You should increase your investment then it would be possible for you to earn $20 a day or higher depending on how huge money you put in it. But you have to understand that day trading is more risky so there is always no guarantee that you will make a profit everyday.

Verge is $0.16 so you are trading with $16 and want to make $20 every day! that is 125% profit on a daily basis. it is not impossible, but since you are claiming to be a newbie in this i'll say it is impossible for you to do this.

you need to lower your expectations and start with a smaller profit goal such as 1%-5% weekly profit then decrease the interval to daily and then after a while increase the profit and your investment amount. you can never start at the top step, you need to take the steps one at a time and from the bottom.

and as for trading you will need to learn how it works first and then start learning how the market moves. it is not a gambling game that you just play it and wish for the best to get lucky. you need to be able to make rational decisions when you buy something at some price. specially if you want to make profit consistently not win 1 time and lose 10 times.

This is possible only in the Forex market!
There is no stability on the crypto-currency market and you can lose everything in 1 minute.

I can teach Forex trading, but not for free....
I have been creating my own trading systems for many years.

Before, i did day trading and if I profit 10% in a day I'm overwhelmed and feel fortunate with that because having that profit isn't easy in day trading so what you're trying to achieve here is quite impossible. However, we're not in the same shoes so I hope you can achieve that like what you've said that hard work and research are also a key. So good luck buddy.

That's a huge profit for a small capital sir! If you want to have an income like that in day trading, start to read and learn some basic analysis and do your own research about the coin you were trading and make your capital bigger than that.
Trading is not easy, you have to learn some knowledge about it. It's a risky thing that every seconds or mins. it can loose all your money in a blink of an eye so better to make your own research about it dude!

there is no way you could make 100%-130% per day in Forex market. that is an illogical profit impossible to make in any big and lower risk market.

these types of high profit is only possible in small high risk markets, such as Penny Stocks market and Altcoin markets. specially the altcoins since they are also manipulation due to them not being regulated and being easy to manipulate.

Trading is difficult job but if you would like to try it, in my opinion firstly learn about technical analysis and understanding the chart and some indikator. Buy on the bottom and wait patiently to get it, so trading not only about technical analysis but also need good in psikilogis like patient and do not greedy.

Exactly, that is why I love to trade in altcoins because sometimes the price will pump and dump and being updated with the rumors
and news you will be able to make a good decision and make profit.
If you have a good amount of capital you will be able to make a good return, the market is so volatile that will benefit those who are smart enough.

i think it is not possible , you should invest more (atleast 300-400$) , just learn about trading and then research about market then you can success .

Are you trying to say that 100 verge same with $22?
If its true then it will be very difficult to get $20 a day with $22.
I dont its not imposible but its very difficult.

You read this quote from this humble and thankful user and your conclusion is that they're trolling. I don't see what you're seeing, and I don't agree with what you're saying either. I've been making a healthy $20 a day or so, just from buying low and selling high. I've been following the more overt patterns of the market, and it rides pretty consistent wave rolling up and down 2000-4000. I don't buy and sell all day, I just buy or sell a chunk of my coin once a day or every other day depending on the market movement. Slow and steady, the bitcoin market moves powerfully enough to really make a small investment mean a lot. I only keep about $500 on the exchange, and I frequently profit $100 or more on a single cycle.

If you're patient and do not panic whenever the bitcoin price moves a few hundred dollars you'll be able to make your money work for you. Settings goals is always a good thing, but when you start stressing out about earning an exact $ figure each day off of very limited capital you will start to make mistakes out off frustration and desperation. You do not want to get yourself into the vicious cycle of emotional trading, because you'll end up broke and very unhappy. Let the market treat you well, bee patient for your profit and do not act like you're owed anything. Take it as it comes, do not get greedy, do not think the market will bend to your will and you should be okay.

For example, about 4-days ago I bought some coin at $12,800 and just a few minutes ago I sold that same coin for $15,200. We'll see if it was a good trade to sell it now, but I'm pretty sure we're going back down a couple thousand and then I'll do it again. I sometimes wait days for a trade, but the profit is good, it's very relaxed and it can be scaled up very well.

First of all, looking beyond the amount you want to invest, let me say this "ALL THINGS ARE POSSIBLE TO THEM THAT BELIEVETH". I particularly love the OP's spirit.
However the reality is, that feat is DIFFICULT to achieve if :
1. You can increase your trading capital
2. Try not to be greedy
3. Be disciplined
4. Acquire the right knowledge of trading so you dont get your fingers burnt.

I am not aware of verge market but if your 100 verge coins can buy some ripple, don't look behind just go for it. Ripple has the higjest market capitalization among all altcoins becaise of its centralization and major firms like to invest in such centralised assets. It is still favourable time to get in, as it may rise upto $20 through 2018.

I got ripple good amount

Lol, sounds crazy really and there is no way that can even ever happen. Unless the OP is lucky to buy into some coins when they were just in their way of increasing hugely in value, and was able to make huge gains from their pumps, then it is something that would never work easily for him.

$1000 is a good amount to start, but for someone who may want to start with some little knowledge that has been gained, then at least $300 should be good enough to start with.

Your demand is something like crazy because you are asking for 100% returns on daily basis with the small investment of like around $20, which is near to impossible. Because first of all investing a small amount will take time to give bigger returns is and that too you should first plan how you are going to trade this investment whether day trading or positional trading and then you need to trade according to your plan. you better find a good strategy and then practise that strategy and then go for live account trading on that strategy, I can challenge that it will be sure to profit you in smaller size but for a long run.

If you wanna be day trading you've to be Online 24/7 to be able to Know when to lay trades. You have to take a close look at the 24hr chart and probably join telegram channels that do give signals.

We are not questioning your dedication but that $20 a day will only be achieved if the volume and trend you want will happened on your desired everyday on which is not possible since we have thing called pump and dump, price swing, steady price and no movement (for a duration of 24h monitoring).

What you must do is to erase that $20 goal per day and changed it to; you must target a decent profit out of your trading actions on a long period of time. It's still way better to make actions slowly than jumping quickly into a decent profit targer "per day" since you are still on early phase. Someday you will reached your desired target so just take it calmly.

You want to trade? Goto trading site and create a account and sell your verge in high price. Sell verge to bitcoin .

Exactly, if you do not have some of the analysis to pull it through, looking at the charts alone will never solve the issue. In fact, without knowledge, how would one even know what to look for in a chart ?

A lot of people usually gamble their way into trading and they end up losing the little they should have been able to make good use of and increase with learning. Learning is the only thing that can solve our problem.

There is a lot to learn that makes it hard for anyone to tell you exactly what to do here, but one good thing about the whole thing is that there are lot of resources online that you can make use of to get the very best of trading knowledge and unless you do that, you will just end up losing so much at the end than what you are going to gain eventually.

Yes day trading is very tough to keep up with and not the thing for people who are crypto enthusiasts. I prefer to trade at times when prices seem good to buy or sell. Otherwise I check coinmarketcap once or twice per day and keep coins on hodl. I dont understand how some people manage to day trade and be good at it - maybe they do it full time which is not possible for everyone.


Verge is shitcoin according to me. Bitcoin is better than XVG so yeah its a good idea.

There isn't any steady income in trading, to start altcoin trading you should need to know that their is high uncertainty in market, you may earn 100-200% in a single day or may lose in the same way.

Your profit depends on your investment, you have got 100 verges = $20 and you want to earn 100% profit, not impossible but also not that easy, 100% is not a normal profit gain in a single day you need to be expert in order to earn this profit.
So i will suggest you to learn about the market first before expecting 100% profit, start with 100 verges and observe the market deeply while trading.

The market moves differently and it is really hard to predict. Since you said that you are a newbie then I want you to have enough knowledge about trading process due to the fact that there is a big possibility of losing your money. You should know what coins you want to trade of and then make a good decision by analyzing the basic knowledge based on the movement of the market. You should expect the unstable price of each coin and you should lower your expectation because if ever you didn’t achieve your goals then you might get disappointed which might result of giving up in trading.

No one can predict the price and no one can make target for trading profit. I see you just want to trade with daily. For remember, the day trading is most risk than long terms, and you must stay all times to watching the chart or make the limit for sell and buy. But it's depend on you, because all trader have unique strategy.

Besides price predictions,the first step in trading is "learning": Financial articles. Stock market books. Website tutorials. There's a wealth of information out there, much of it inexpensive to tap. And don’t focus too narrowly on one single aspect of the trading game. Instead, study everything market-wise, including ideas and concepts you don’t feel are particularly relevant at this time.

It can be done if you have spare time to monitor each altcoin that you will be investing with.
Right now it is much larger than $20 profit have been made by many altcoin supporters due to the recent up of almost all the altcoins.
Now, you will just need to know whether it is time to withdraw.
But, as I see it now, it looks like it is not yet over for the pump though it is getting slower.

Yes that rights you have to more active and monitor always, what is happening in the market before you trade to avoid losing your money, Study first the status coin marketcap before you trade.

Day trading of cryptocurrency is unpredictable job and difficult to gain consistent profit from it. So much better doing long term trading, this is will be more easy and the profit can be higher than day trading. To maximize profit in long term trading firstly learn about fundamental analyis, learn more about purpose of the project. Long term trading also less consuming time than day trading.

Verge has been one of the most tweeted coin in twitter before but it seems that they are just making some hype and people who are holding it started to dump. If I were you, I would sell Verge for bitcoin and after that will try to look for some better coin that you can earn with. Earning $20 a day with that 100 verge you've got isn't enough, try to add some more on your pocket and you can make this possible.

Well, good suggestion. However, don't disregard information found in the market itself, it can give you lots of useful and guiding knowledge that you can use in order for your trades to be successful. The best thing in trading, I think, is to actually try it and just endure whatever happens, charge it to experience as they say. Loses are inevitable; however, you, as a trader, should know that you can use those loses as knowledge to help you with your ventures. Also, I think another strategy with trading is diversifying your holdings and not sticking to one coin because you it's like having more tickets to a raffle, basically, the more you have the more chances of winning.

Just studying the status at coinmarketcap will not reveal everything. One needs to look into the whitepaper and the team of a project too even if they are no investing in the ICO but in case they are buying the coin at exchange. For all other altcoins though which are in the top 10 of coinmarketcap people have a good idea on how to trade them because they are mostly long term holding coins.

There has been a lot of shitcoin pumping the last few days and thus the graphs at coinmarketcap are not always good to draw conclusions form.

Yes, you should trade with it, manage with the right strategy to make profit. Trade is not easy way to make money but not also impossible, you just need to practice and fix your strategy all the time until find the best for you. Most people will say you should understand what trading it is? search it at google. Second thing, find how real market works, you can understand it by practice. Last one, always keep your asset safe. Just like that and good luck to you.

Actually day trading is not that much difficult. You need to have some better analyzing skills so that you can better interpret the market trends and accordingly make your selling or buying. Like you said, yes there are some people who are successful in day trading. I find it must doddering too as you have to live the whole day in analyzing and seeing the market prices for certain coins.

Day trading is not much profitable because no all coins in the market increase within a day that is why its hard to predict which coin will fluctuates its value. I will recommend to have good amount of capital and do short and long term trading. Must separate the fund to lessen the risk of your investment.

Research and hard work can really do all that is needed for sure, but nothing is still guaranteed. I have seen a lot of coins do greatly just in few days and with those coins, you can make a lot and you can take some few profits off this coin and look for other possible ones and if you are able to make a good prediction from some of these coins and get good profit, within few months, that $20 can hugely turn into a lot.

But it is really not that easy as it sounds, looking at some of the opportunity you could have missed while waiting for a particular coin to increase in value before you take profit, except you have all the patience in the world. However, $22 a day out rightly is not something that the OP should expect to achieve with that amount.

In short , if you want to earn at least 20 USd a day you have to invest big amount 1000 USd or 2000 USd then you can convert this amount Earn upto 20$ usd a day , Note its not guaranteed income , Buy low and sell high is the main formula. Before investing in any coin or bitcoin you have to do full research about you are investing or holding for long timer, some time daily trading is not better than long term Investment.

Such as 2 month back i person holds 4 Ether @ 250$ each and Sold at Rate of 1150$ Each How much he got profit in a 2 month time period.
Hope you understand my point , Feel free to contact me for more info in message.

Impossible is the answer you will get because you have small capital.
I think better you increase your capital if you want to get at least $20 in a day.

However, like above said we are not at the same shoes so maybe you can get better than me.

I think just try to make a profit everyday, once you get profit learn it, how you can get it. next day repeat what you learned yesterday, do it again and again. Just a month i believe you can make profit 100% from

your capital. There is nothing impossible in trading, rich man can be a poor man and the otherwise.

exactly so i think also that day trading are not so profitable as we all know of day trading are need to be more alert on it and be so updated so that is why you have to watch what may happen on coin that you are have to choose for.

They will really do well and there is no doubt about that. $50,000 to reach $1 M is very possible. It is not a small amount of money but in few years, I have seen a lot of coins x20 and even more, so why is it not going to be possible ?

Yes, he is going to end up buying several coins and all of them cannot do well at the same time, but there is at least a guarantee that one way or the other, most of them will and we can never be so sure how well they will end up getting.

Verge coin is nothing i don't know if that coin going to high price, you say 20$ earning a day that impossible happen besides you need to focus on exchange site with 24/7 to give signal of what the status of coin price. Consuming time and electricity bill in day trading, i strongly recommend at you just hold a coin what you want for a long run there's a possibility that have you're profit in trading. I think if you don't have a capital start of $1000 in market exchange you were nothing better to quit.

Nobody said that day-trading is not profitable dude, get your facts straight first before commenting. Some people prefer to hodl for long periods and then sell at times to cut losses and buy new coins. Then there are traders who pump the shitcoins and dump then during pumps. And then we have the day-traders which is done mainly by people who are doing trading full time and not simply as a hobby but to make money.

Not everyone is able to day trade. But that does not mean that day trading is not profitable.

Lol people have gotten rich through day trades so yeah, its not accurate to say day trading is less profitable. With the proper knowledge and experience, you can actually makenit.your primary source of income and even earn a lot more than people working regular jobs

Trading is good ideas for the future business growth. Trading is use to for the future transaction process. So it will connect the all country people and you will share more information for the future trading process. Time is important for the trading. If finish the trading you will get on time process. People will be connect you for more transaction process.

for beginners it is a good result, at least you do not lose the funds you have but my advice you should do a hold because day trading has enough risk.

I always follow these two rules so as not to lose a lot of money:

1- The more money there is in the account, the easier it is to trade. If you lose $10 when you have $1,000 in your account, you will not be particularly upset and will continue as planned. But if there is only $50 in your account, this could be unsettling and lead to mistakes and loss of the entire account. Not to mention the fact that in the first case there are 100 attempts to correct the situation, and in the second - only 4. It's simple arithmetic

2-Determine your maximum losses per day. For example, 15% of your capital. Once you reach the limit, stop trading no matter how "tasty" the situation on the market seems. Even if you think you see the trade of the century! Such premonitions are really mirages.

I’m always telling to everyone before going to join bitcoin you have to learn first about bitcoin that how it work and how to earn from bitcoin because I know some people who quit trade and they said we lose in trade so it’s not a mistake of bitcoin its totally user mistake because he did not understand bitcoin carefully so when you will learn about trade in detail then you can join bitcoin and also you can earn easily.

Trading is quite risky no matter what type of it is but if you are doing day trading, it is the most difficult method of making profit in the crypto world. Well, it depends on coins you are using for trading to select the perfect type of trading.

If it is bitcoin, then long term trading remains good but for altcoins, short term and day trading seems better strategy. I personally am not in favor of trading because it is very hectic job.

Yeah,if someone want to make more money in the day trading then he need dencent amount of capital and need to pick the coin which have high price volatility.And it also can not be achieved through trading a single coins.So people who wants to start trading need a good capital and good analytical skills of analysing the trending coins.But we can't say $1000 is needed to start trading maybe $100 is enough but the earnigs will be less.
So it is better to invest on some coins then start trading with the profits from your invested coins.

Let me tell you, even experience bitcoin trader still able experience loss on cryptocurrency world.
That's why cryptocurrency is risky activity so if you're not ready for experience major loss , better stop trading at all although cryptocurrency able make a quick profit rather than usual wall street trading.

~Be An Investor rather than A Trader

As a beginner I remember I used to do simulated trading and investing for a few days before I actually started trading in real time. It is very simple to do - Consider some "x" amount of capital and calculate that amount invested in many altcoins which you are thinking of investing in. Watch how it unfolds and keep track. This is a good method to learn trading along with studying how the market works and how FUD affects the market.

Also holding is more safer if you buy coins at low price and watch it as it grows.

Trading isn't a skill that can be learned within a few days or weeks. It requires patience, extensive reading and a lot of failures before you start making serious money off of it. Personally I'd stick to demo accounts first before I hop on to the real thing and start depositing money. After grasping the what to do and what not to do, I'd deposit a small amount, say $50 and try to not lose it rather than try to make money off of it because it often leads to frustration and impatience. Reading is very vital when it comes to starting off your first trade. You need to be armed not only with patience but also a thorough knowledge on how the market moves and what to do during certain scenarios.

i will say as a newbie, you should learn how to trade small amount first, patiently watch how the market goes up and down, and when will it happen, from that you can learn from that and can encrease in far future.

i couldn't agree more with you , in the end when you have learned everything and considered as an experienced one with of course a lot of time spent to trade you will execute the market based on the feeling as you know that is the right time.

so just make sure you have failed a lot of time , you will learn to become success more than what you have failed.

100 Verge is currently 15$, so you allready lost 25% of your 20$ capital. Thinking you can make 20$ a day with only an initial capital of 20$? That is being delusional. Sure on some days this might be possible if you have extreme luck, but every day? No way. Let me put it this way, if you are able to make 100% winnings everyday, any bank would hire you on the spot to invest for them and their clients. The banks would allready be extremely happy with just a 5% gain on every day. You are not being realistic, it's ok to dream big but like this? This is way beyond even that.

I like verge but somehow its not spiking upto the expectations. Its not about the verge specifically but many coins are going down in the two days and hope it wot continue for long. You will need huge efforts to earn 20$ per day because its really lot and you can not achieve that with the Verge alone. Im sure you will have to put some extra money into the binanace and then learn slowly how to trade that money.

Mostly the famous trade is done with the BTC and ALT pair only and there is no question about it. So if in the future you see verge is going up and it should by the month end or maximum in the next month then you can trade it easily against the BTC. The later because it will make sure you do not end up loosing the trading due to another pairs' down market.

I think if you have enough knowledge and knowledge, reliable sources of information and know how to exploit it, then it is best to trade. Trade will bring you huge profits but the risk is also high so you need to have experience too. If you trade well you can bring in huge profits from bitcoin and other currencies. Be very sober when trading.

Want to trade good you need to find out the full knowledge of trade, in addition you need experience as well as bravery to overcome the wind of the market. This is a new and highly risky market. When you have enough of these you can confidently enter the market. You can trade in the binance, hitbtc, livecoin, etc. There is a lot of trust.

Doing trading is not as easy as we expect.If you want to trade but don't have enough knowledge how to make it work,your just wasting your time.
That is why,if you are planning to do trading.Investigate first and gain some information that may help you in trading.There are so much experienced trader that can ask you want to know about trading.

I think that if you are new, you should thoroughly study the market before investing, it is very important. You should know that this is a new market and risk very much so you have to find out thoroughly. At the present time, there are a lot of usable projects, with very few investments, such as NEO, LTC, BNB, and XPR, all of which are top 10 and highly capitalized. You can trust and invest.

For my part I trade for a long time (about three years) on an ecrypto-international.com and I have never encountered any problem of bug or account piracy. Well, even as we can not predict the future, I'm still a penitence there. I deposited funds in an investment plan that brings me a lot.ecrypto-international.com

I genuinely believe that if you really want to enter the market you need to find out because there are a lot of risks in this market. This is a new market and there are very few experienced people, you will find it difficult to know how the market is doing. So to be able to invest safely with less capital invested in pennies like NEO, XRP, BNB, these are very potential projects in 2018.

There is allot of guides and advises in other threads. I think to help you more you can change your post in more concise point which you want to know. Guides and videos are also in the youtube channel and if you don't know trading is not easy to earn $20 daily. Read and watch tutorials and apply it don't try just do it and come back here ask more questions for a specific topic that you didn't understand.

Well you can start by learning the basic from Google or YouTube, 20$ is a small amount but suitable for newbie to start trading, but I suggest you to trade top 10 coin from marketcap, or you can get suggestion from trading signal group, just remember there will be a time you losing money, so only trade with the money that you can afford to lose

There are too many people want to start trading but when he start trading and when he lose his money and he stop his trading because most of the people don't know about trading and don't have any experience with crypto trading, I'm suggest you at first learn about crypto currency then start your trading.

Well if they dont have any experience of trading then let it be their learning curve and let them learn from their mistakes whatever they may be. Everyone is new to something when they tackle it the first time but they gradually learn the tips and tricks on how to trade and what type of trading is going to suit them.


I would not suggest youtube videos to learn. Because there are too many shitcoin promoters there getting money from their pumping crew.

I agree, man you basically want to get a 100% profit a day. To be honest $20 a day is easy even in a bear market but you need to put more money on your exchange. You need a bigger capital, that is assuming you know how to trade. Also remember that in trading you will win some and you will lose some that is how trading works.

If you do not have money to invest try to level up so that you can join sig campaign or bounty. If you have enough then start trading.

I urge you not to trade today. It can be seen that after the bitcoin rebounded to $ 10400, it immediately fell sharply and now stands at $ 9500. The dramatic decrease in bitcoin also caused altcoin to drop sharply. With a market going down like the present time, the success rate when the trade is extremely low, the risk will be very high.

At first if you're just a new trader I think you should spend your time and money to take a course about analyze the price chart, it's really important if you want to trade cause it'll help you know when is the good time to buy or sell any cryptocurrency. Otherwise, to earn 20$ in a day is not too difficult but with 100 XVG only, about 5$, I think it's impossible to earn 20$ in a day, you need to have more than that.

If you want to enter the trade then I think you should learn to learn a lot. In order to be commercially viable you need to be able to analyze the technical chart, gather market information and also have some experience to be confident in this volatile market. You need to know and plan carefully before investing in a project.

Ive been trading no too long, but I learned that if I have few fund I shoukd choose a low price coin but has low total circulating supply. This coin is good for long term investment. I would suggest you to find some newly introduced coin in the market that posses those characteristics specially this dropping season. I would not suggests your $20 to be invested into coins that has really high price, you will just get little of its volume.

Not only 20$ but also you can earn more like 500-1000$ per day if you have huge investment fund for investment. 100 verge is worth of 10$ or more now it's so low. You can not earn 20$ per day with this amount of verge. you need about 200-400$ investment fund to earn 20$ per day.