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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Dydot on January 20, 2018, 06:03:12 PM



Title: Is 5% daily in crypto trading possible?
Post by: Dydot on January 20, 2018, 06:03:12 PM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?


Title: Re: Is 5% daily in crypto trading possible?
Post by: akamit on January 20, 2018, 06:28:33 PM
I wish to seek your opinion from your experience (especially those that trade cryptos) in this. I know a lot of people trade cryptos daily. Is 5% daily profit actually possible?

This is not a question to ask the community, it is the question for yourself only.
Just ask yourself, are you an expert trader or not? Are you able to analyze the market accurately or not? Are you able to take the risk or not?

5% daily is possible if you are an experience trader. But 30 days in a row may not be possible, sometimes you may get negative result. So always prepare yourself about it.

Sometimes I did, and sometimes I failed. Check your ability.. Good Luck!


Title: Re: Is 5% daily in crypto trading possible?
Post by: saif.shaikha on January 20, 2018, 06:31:50 PM
Expecting 5% daily return in crypto is too much. It is true that the crypto market is very volatile however it is very difficult to predict the movement of any coin, even if one call goes wrong it can lead to substantial losses. However, if you are good in identifying the entry and exit points you can make good money in the ups and downs of the crypto.


Title: Re: Is 5% daily in crypto trading possible?
Post by: huzurkan on January 20, 2018, 06:34:36 PM
it is possible but i think not always. You earn 10 days but you lose one day and all goes. you can not always win.


Title: Re: Is 5% daily in crypto trading possible?
Post by: jets567 on January 20, 2018, 06:40:41 PM
Yeah, i mean this a very small amount specially on very big and% expert traders. I mean i believe some of them are setting 20% of their portfolio as their daily gain. But i believe this depends on how long and your expertise when it comes to trading. But for 5% is not bad, profit is profit anyway.


Title: Re: Is 5% daily in crypto trading possible?
Post by: blue_id69 on January 20, 2018, 06:46:33 PM
I can make 5% losing in a day, even more. Like seriously im not good with trading stuff. But there this one friend of mine can make 2until 6% profit a day,the point of trading is you not a panicers. who buy when expensive and sell it while cheap  

Yeah, i mean this a very small amount specially on very big and% expert traders. I mean i believe some of them are setting 20% of their portfolio as their daily gain. But i believe this depends on how long and your expertise when it comes to trading. But for 5% is not bad, profit is profit anyway.
Is that even possible ? the one who can make 20% daily profit must be some kind of big whales who can manipulated market price.


Title: Re: Is 5% daily in crypto trading possible?
Post by: TradeCrypto on January 20, 2018, 06:52:35 PM
Day trading more or less like gambling day trading completely based on pump and dumpers without any reason so its dangerous i have done initially some days get profit but major went loss . So i could suggest stay away from day trading.


Title: Re: Is 5% daily in crypto trading possible?
Post by: clrpod on January 20, 2018, 06:57:54 PM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?

Maybe with small amounts yes, with larger amounts probably not, 5% a day would be an absolutely monumental return if you were to achieve that consistently over a year or so.


Title: Re: Is 5% daily in crypto trading possible?
Post by: skan on January 20, 2018, 07:10:30 PM
yeah 5% is not a huge thing in my opinion. it will take alot of research and looking at charts of many coins to see which one is going up at that day. i was doing it daily and it was working but then it just gets draining and so i just hodl now, even though i see the daily profits i can take.


Title: Re: Is 5% daily in crypto trading possible?
Post by: blue_id69 on January 20, 2018, 07:19:07 PM
Nope, cant. i mean i cant do that. i dont know someone else. my advice is, stay away from day trading if you not an expert and know wich coin to sell or buy, never be a FOMO guys and end up losing money.


Title: Re: Is 5% daily in crypto trading possible?
Post by: bitcoinking11 on January 20, 2018, 07:27:14 PM
In my opinion, It is very much possible, If you have got a lot of altcoins (around 20) in your portfolio. It is also true that you can't win always, sometimes you can gain profit and sometimes you have to suffer losses. To be successful, quite an effort is required, you have to follow charts of a lot of coins every hour.


Title: Re: Is 5% daily in crypto trading possible?
Post by: jacafbiz on January 20, 2018, 07:29:58 PM
It is possible on average for 5 to 10 days but you need to be an experience trader and be very discipline, is not that most trader don't make profit but they lose most of it to over trading and greed, some even lose more by chasing their money


Title: Re: Is 5% daily in crypto trading possible?
Post by: Dmitry_K on January 20, 2018, 07:40:21 PM
As you can see, sometimes the currency grows or falls much more than 5% and theoretically you can earn even 20-30% per day. But you need to remember that the risk is also very large and if you do not choose the right direction, you can lose some money.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Apriand on January 20, 2018, 07:43:56 PM
5% daily? If only for 3-5 days in a row its possible (although not easy) But for 30 days or more in a row, i think almost impossible. Because sometime market going slowly (not much up or down) or sometime all crypto price dump hard, and very difficult to get profit when that happen. Good if you have daily target for your trading profit, but don't be greedy.


Title: Re: Is 5% daily in crypto trading possible?
Post by: nguyentrongdai on January 20, 2018, 08:23:20 PM
5% very hard. i think 1-3% daily is reasonable


Title: Re: Is 5% daily in crypto trading possible?
Post by: richan on January 20, 2018, 08:27:10 PM
It is possible to make 5 to even 20 % in crypto trading in some days but is not possible to make it a consistent daily. Because every coins that goes up comes down and to trade on any coins that will make you 5% every day is hard to come by.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Kitobe on January 20, 2018, 08:29:11 PM
Why not?
Create yourself a trading bot and do arbitrage. With this current market fluctuation, it is possible to create that amount of daily profit.


Title: Re: Is 5% daily in crypto trading possible?
Post by: uszaty43 on January 20, 2018, 08:37:03 PM
It is possible as long as you can control your own trading and your strategies.

If you are going to trade only because you want to make between 1% and 5%, you are going to lose a lot of money, remember that this is very unpredictable.
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?


Title: Re: Is 5% daily in crypto trading possible?
Post by: GFE on January 20, 2018, 08:40:08 PM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?

Yes, it is possible if market is stable. During big criptocurrency pumps and dumps (for ex. BTC) you shouldn't trade


Title: Re: Is 5% daily in crypto trading possible?
Post by: Emperor of Man on January 20, 2018, 08:41:17 PM
It is possible, but I personally don't like daytrading. Many people claim to be good daytraders, but in the end they mostly get beaten by their uncontrolled feelings of fear or greed and lose everything.

For me, it has always been hodl. This is a better strategy with better results.  :)


Title: Re: Is 5% daily in crypto trading possible?
Post by: eucalyptus on January 20, 2018, 08:43:29 PM
For sure it is possible. Even now you can do it but what if you buy and the if that coin see dramatic dump? It is very risky but you should be lucky. You can observe some coins and do your own risk.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Grim149x on January 20, 2018, 08:45:19 PM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
Of course, it's possible; you can even make more than double a day. It's just that I think that it's best to diversify your portfolio or learn the basics of charting or technical analysis to have a higher chance of succeeding in your goal with trading.


Title: Re: Is 5% daily in crypto trading possible?
Post by: troleybüs on January 20, 2018, 08:45:34 PM
It's very possible in crypto business. Most of the time it doesn't even enough for traders, people expect %30 daily rise, 2x and 3x's overnight. You should not be too greedy. Daytrading has no guarantee, you might win %5 7 days in a row and lost %50 in the next night.


Title: Re: Is 5% daily in crypto trading possible?
Post by: RieraMusic on January 21, 2018, 03:32:48 AM
YEs it is possible but you need a crystal ball  ;D


Title: Re: Is 5% daily in crypto trading possible?
Post by: micrypto on January 21, 2018, 04:18:24 AM
With a small amount less than $5k (possible - not easy), but with a huge amount $50K+ (impossible)


Title: Re: Is 5% daily in crypto trading possible?
Post by: Mjc14ca on January 21, 2018, 04:21:40 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?

Most days for sure, but then everything could tank 50% just like a few days ago. You would need to learn to use stop loss and look into day trading strategy. I do a bit of day trading but mostly pick coins I believe will emerge as big players in the world. NEO, TRX, DRGN... going to start investing in choice ICO's, can make 100x your money in 4 months. Also the riskiest.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Nkan25 on January 21, 2018, 04:24:21 AM
Yes its possible, but I've earned 5% at the expense of 50% sometimes. If you learn how to let go the what ifs and convince yourself that you can't take back that decision, then I think you can do it. But, don't get greedy and try it on shitcoins.


Title: Re: Is 5% daily in crypto trading possible?
Post by: indrakusumaindra on January 21, 2018, 04:26:19 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
you could gain more if you do it weekly. but 5% / day is absolutely possible. but there is high risk to loss and you might not gain nothing. better investing weekly its the safest amount of time for investing short term.


Title: Re: Is 5% daily in crypto trading possible?
Post by: dirgayeah on January 21, 2018, 04:36:38 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?

to make 5% daily profit are still possible but you must have your own strategy to do that.
that's need very long time research if you want to made a stable profit. so you must have to learn all indicator of trading.
but for me I just use EMA and MACD indicator. combine this method with the news you have got.
do a repetition so you can found your own trading style.


Title: Re: Is 5% daily in crypto trading possible?
Post by: jvdp on January 21, 2018, 05:04:31 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
In daytrading it is possible to expect 5-10℅ profit  in cryptocurrency. But it is not simple to maintain the profit. Because it depends on the crypto market strategy. You should always monitor the market scenario. If know the complete strategy of day trading you should try else don't invest in trading. Because it is not supporting to everyone. You should hold your cryptocurrency also more benefits in future.


Title: Re: Is 5% daily in crypto trading possible?
Post by: prince05 on January 21, 2018, 05:24:47 AM
It is not possible. In my experience you can have more than 5% in a day sometimes you get negative as well.  Trading is a gamble sometimes you loose sometimes you win. There is no constant profit I should say when it comes to trading it comes with timing and a little bit of luck. But if you make 5% as daily goal in trading that is possible since that is your goal but do not really expect something.


Title: Re: Is 5% daily in crypto trading possible?
Post by: UZIzzzz on January 21, 2018, 05:31:32 AM
If you're good at analyzing the K line, it's entirely possible to get 5% of your money every day by buying and selling tokens.
Although I can't do this, most of the time the high frequency operation only causes me to lose my principal. >:(


Title: Re: Is 5% daily in crypto trading possible?
Post by: cryptoatomic on January 21, 2018, 05:33:57 AM
You can do that easily if you are a good trader,scalper and swing trader can earn 10-20% daily.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Thanasis on January 21, 2018, 05:37:19 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
Yes,you can if you have the right coin at the right time because same crypto currency won't bump daily,so you must hold some of the good crypto currency which have good price volatility then you can make your desired amount of 5% profit daily only if your are a skillful trader.And don't expect to make profits everyday because sometimes there will be down in the crypto market at that time you have to buy more coins as you can that is what the experienced traders will do.


Title: Re: Is 5% daily in crypto trading possible?
Post by: kier010 on January 21, 2018, 05:44:17 AM
it is posible if you have strategy, skills and experience but not everyday and you have 50/50 chance to gain/loss. not every time you trade you would gain some/more of it is you will loss money. if you don't have skills holding coin is still the best strategy option to take.


Title: Re: Is 5% daily in crypto trading possible?
Post by: b3llsf1l3s on January 21, 2018, 05:51:44 AM
it's very possible, even for 15% daily it can be done, of course you must follow some group pump & dump (very high risk).
but since some time ago Bittrex market warned to pump & dump it is prohibited, maybe now it will be more difficult because some people are afraid of their bittrex account banned (we know that bittrex has very strict rules).

So, its better to make your own analysis, make a target profit for 20% for 2 or 3 days, its still possible to do


Title: Re: Is 5% daily in crypto trading possible?
Post by: ropyu1978 on January 21, 2018, 05:58:12 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?

depends. all profits will not be the same in every day, even I can get negative results. I don't trade every day, but if there is spare time I do it. for you, I think you should understand more about market movements, how to analyze and try to investigate every situation before you start. know the experience that most play the role of all what you want. so prepare yourself with a lot of knowledge in trading.


Title: Re: Is 5% daily in crypto trading possible?
Post by: rh154c0d3 on January 21, 2018, 06:30:56 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
it is more than just possible, but you have to remember that "high risk, high gain", but maybe not everyday. sometime suddenly will give us a chance to +20% or -50% just in a day.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Svelto on January 21, 2018, 06:45:51 AM
Yes, it is possible to have 5% gain everyday if your trading skill is good and have time to research on the market daily. If not, you are better off holding on the coins and generate a lower gain.


Title: Re: Is 5% daily in crypto trading possible?
Post by: cryptocrocs on January 21, 2018, 06:49:13 AM
This is very easy,i have 10-20% daily when i scalp in 1-5mins,scalpers always win bigger than swing and daily trader.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Haley craft on January 21, 2018, 06:51:50 AM
It is possible, but very unlikely.
Because every day by the fluctuations of the encryption between altcoins to five percent profits very troublesome thing, you can study the high-frequency trading, trading, automatically by the software may get five percent every day becomes easier. ;D


Title: Re: Is 5% daily in crypto trading possible?
Post by: paloloy on January 21, 2018, 06:55:39 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?

Well, it's possible and it depends on the coins that you're trading because not all clubs are actually increasing their values and prices. But I think you'll learn a lot of things through trading and you'll be able to manage everything to earn that at least 5% profit everyday.


Title: Re: Is 5% daily in crypto trading possible?
Post by: svobodnyi on January 21, 2018, 06:56:24 AM
Hello! Yes, 5% of profit per day is possible. In fact, you can make more profits, 5% - it's even a little))


Title: Re: Is 5% daily in crypto trading possible?
Post by: paloloy on January 21, 2018, 06:59:18 AM
This is very easy,i have 10-20% daily when i scalp in 1-5mins,scalpers always win bigger than swing and daily trader.

I think it would be hard at first but will be easier when to gained a lot of experience because you'll be able to know when, why and what coins that you're going to trade.
It's really addicting when you had earned a lot everyday and I think sooner I'll be able engage trading when I have all the time for it.


Title: Re: Is 5% daily in crypto trading possible?
Post by: kensaii on January 21, 2018, 07:04:13 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
I would love to see to try the actual trading to see how '5% daily profit' is possible.


Title: Re: Is 5% daily in crypto trading possible?
Post by: bbcolex on January 21, 2018, 07:07:06 AM
Possible but expect some day lose also, as no one can really predict the market. If you are one of the whale who holds a promising and active coin that has large trading volume from different people you can easily create your own pump and dump activity , as whales can easily do that if they want to :)


Title: Re: Is 5% daily in crypto trading possible?
Post by: Haunebu on January 21, 2018, 07:09:35 AM
Yes, it is possible to have 5% gain everyday if your trading skill is good and have time to research on the market daily. If not, you are better off holding on the coins and generate a lower gain.
I don't agree with you here. Assuring a 5% gain everyday is absolute rubbish and people who fall for this are obviously gullible. This is the extremely volatile crypto world which is way more volatile than the stock and forex market and any coin or token can skyrocket or fall in value at any time of the day since the crypto market functions for 24 hours a day non stop. The lending programs like Bitconnect functioned though this strategy and look what happened to them. Nothing can ever be guaranteed in the crypto world.


Title: Re: Is 5% daily in crypto trading possible?
Post by: maximk98 on January 21, 2018, 07:12:18 AM
Everything is possible including total loss of your trading capital. Currency fluctuations is the most difficult area to predict in comparision with commodities, shares, options, etc. Remember that 95% of traders lose their money. 20% year in and year out is a very good profit on any market.


Title: Re: Is 5% daily in crypto trading possible?
Post by: jereh988 on January 21, 2018, 07:13:19 AM
I think to get a fairly large profit we need a large capital too. and for a 5% profit per day can of course come with a minimum amount of capital!


Title: Re: Is 5% daily in crypto trading possible?
Post by: cryptopussies on January 21, 2018, 07:14:54 AM
Hello im doing scalping everyday and i earn averagely 10-20% of my investment,and if i dont have the time to scalp because i am busy im doing day trading but for me scalping has more profits than a day trader,you can start learning some basics technical analysis in investopedia.com that is where i learn most of the things in trading.Goodluck and enjoy learning!


Title: Re: Is 5% daily in crypto trading possible?
Post by: zachwgtv on January 21, 2018, 07:36:43 AM
Very possible if u do flipping


Title: Re: Is 5% daily in crypto trading possible?
Post by: Herbert2020 on January 21, 2018, 07:48:41 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?

if you don't mean 5% profit on 10000BTC then yes it is possible to make 5% profit every day in altcoin market through trading them in about 90% of the days all year long.

but the first problem is knowing how to ride the pump and dumps and when to enter and exit, conversely "to day-trade". usually people mess things up in the exiting part and sometimes in the entrance by going in way too late and getting dumped on or sticking around for a long time and not selling their alts.

the second problem is sticking to 5% and not getting greedy and wanting to increase it. usually when you make 5% profit consistently you start thinking why not invest more and increase the % so that i can make more. and increasing it usually doesn't end well.


Title: Re: Is 5% daily in crypto trading possible?
Post by: AzureDragon on January 21, 2018, 07:54:51 AM
It is really possible. You should monitor the rise and fall of rates at once several tens of cryptocurrencies, in order to get the necessary profit in the end. It's not easy.
For example, yesterday rates of Ripple shows sauch a dynamics.


Title: Re: Is 5% daily in crypto trading possible?
Post by: iryboy on January 21, 2018, 07:58:14 AM
Yes, it is quite possible but you need some good experience along with some good bucks. I am making 1%-5% daily but I start trading about a year ago. I am playing safe otherwise I can more.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Lemer on January 21, 2018, 07:58:52 AM
I think it's quite difficult.
Why do i say that? Even if you buy and sell every time you make a 5 percent profit, if there is a policy bad news, it will lead to a big drop in the whole crypto-currency in the short term.That means you'll lose more.


Title: Re: Is 5% daily in crypto trading possible?
Post by: cryptomorphines on January 21, 2018, 09:08:52 AM
Ofcourse a daily trader should have atleast 10-15% daily average,if you dont achieve this then you are still noob to trading.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Svandis on January 21, 2018, 09:11:55 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
If you're good at trading and arbitrage - you can earn 5%, but it's not everyday opportunity


Title: Re: Is 5% daily in crypto trading possible?
Post by: danbitcoin1 on January 21, 2018, 09:13:15 AM
Not long term, you'd be the richest man in the world in a few years if you could.


Title: Re: Is 5% daily in crypto trading possible?
Post by: alex_kir on January 21, 2018, 09:14:04 AM
Yes, I think it is quite normal adequate interest, you certainly need to find a good coin or a token with such volatility to sell for + 5% of the price and buy -10% of the price, but still you need to select this coin, and today they are not small , but not at such moments as now


Title: Re: Is 5% daily in crypto trading possible?
Post by: paulus51 on January 21, 2018, 09:15:59 AM
It depends on how good a trader you are. At the same time, a large profitability is possible in the growing market, just on the growth of the rates of crypto-currencies


Title: Re: Is 5% daily in crypto trading possible?
Post by: rapsa2018 on January 21, 2018, 09:34:20 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?

I dont think so but any trading platform is also risky to but 5% daily is impossible.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Emilyearl on January 21, 2018, 10:17:00 AM
Yes it's possible. It will take quality studying and researching. You can even make more even in a bear market, 30% Daily is possible. All that's required of you is to develop good trading skills,  commitment and persistence. Be good with technical analysis and be also in sound with market psychology.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Pierre 2 on January 21, 2018, 10:20:41 AM
I think its possible in bull trend but its very very hard to stay in same place at bear trend.
I think you need to spend many many hourse watching coins to get this kind of profit, very hard for me.


Title: Re: Is 5% daily in crypto trading possible?
Post by: slimfit88 on January 21, 2018, 10:28:07 AM
its can you reach maybe more than 5%, first you must select coins have potential, growth, and then timing you buy-sell. remember your goal is profit, doin daily traders when you have time. after finish do it, dont save your asset in coins, but make your asset in money, because your goal is profit not how many coins you have


Title: Re: Is 5% daily in crypto trading possible?
Post by: AravinthP on January 21, 2018, 10:28:45 AM
with humanly emotions its next to impossible, you will tend to get little attached with some or other but yes theoretically possible


Title: Re: Is 5% daily in crypto trading possible?
Post by: sleblanc1469 on January 21, 2018, 10:54:32 AM
You cant take this profit all the time. Because short term volatility for the most part is unpredictable.


Title: Re: Is 5% daily in crypto trading possible?
Post by: castis on January 21, 2018, 10:56:06 AM
in long term its not possible , but some small sample of time its possible, all because tehre is red days like few days ago was, and you need to trade in this days too, and buy after that.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Indrawan77 on January 21, 2018, 10:58:30 AM
It is possible to gain 5% a day even more if you get the right coin to invest, but you can't expect everyday to get profit in trading, so the answer will be no, there will be a time where the market really bad and you got no option but to stay still


Title: Re: Is 5% daily in crypto trading possible?
Post by: KJMZNine on January 21, 2018, 11:04:51 AM
It is possible the make 5% daily in crypto with day trading but I dont prefer that because you maybe miss more prpofits than only 5%. Five percent is just nothing in crypto and you should try to make some better trades with more profit!


Title: Re: Is 5% daily in crypto trading possible?
Post by: heisenberg0000 on January 22, 2018, 06:13:48 AM
Yes, it is possible to have 5% gain everyday if your trading skill is good and have time to research on the market daily. If not, you are better off holding on the coins and generate a lower gain.
Yes this is possible, I think the closest way to attain this is via scalp trading. I know some people in the crypto community who does this. This may take a chunk of your time within the day but if you focus all you have in it, the returns are quite big.


Title: Re: Is 5% daily in crypto trading possible?
Post by: barneystinson on January 22, 2018, 06:16:12 AM
Yes, it is possible to have 5% gain everyday if your trading skill is good and have time to research on the market daily. If not, you are better off holding on the coins and generate a lower gain.
This would depend on the amount of time you are willing to put into trading. I know some people who does full time and some are part time. One this that they have in common whenever I ask them is that the earnings would depend on how committed you are into trading. So even if you want to earn more than 5% but could cause conflict in your time, this would be quite difficult to perform.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Kolokoy on January 22, 2018, 06:19:43 AM
It's absolutely possible when you are skilled enough to trade cryptocurrency from coin to coin although it will be bloody and you'll spend the entire day in front your computer to trade.
Only if you had gained a lot of experiences then you'll be able to decide which one is better than the other to buy low and sell high.


Title: Re: Is 5% daily in crypto trading possible?
Post by: mrproblem on January 22, 2018, 06:23:30 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
Actually from my experience as a day trader I can say that my average for days in november 2017 around 4% , december 2017 is around 7% 2017.
For 2018 january till today I may say that I am a little bit lazy on cryptopart as the reason of my work load in my job so I have low volume and as reason of negative effect also in market my daily profit is aroun 2% now.
As summary I can say that in a good market volatility you can catch and average 5% , it is possible


Title: Re: Is 5% daily in crypto trading possible?
Post by: Kolokoy on January 22, 2018, 06:23:58 AM
Yes, it is possible to have 5% gain everyday if your trading skill is good and have time to research on the market daily. If not, you are better off holding on the coins and generate a lower gain.
Yes this is possible, I think the closest way to attain this is via scalp trading. I know some people in the crypto community who does this. This may take a chunk of your time within the day but if you focus all you have in it, the returns are quite big.

It's impossible for casual trader to get rid kind of profit everyday because you need to figure out which one is better than the other coins and you should know its gonna dip and pump so that you could get target profit a day.
Skilled traders is 5% is to little, they could even get more and sometimes none.


Title: Re: Is 5% daily in crypto trading possible?
Post by: shiningstar on January 22, 2018, 06:27:30 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
It's possible, in fact it's quite small especially if you have a lot of time to trade. As long as you know how to trade then it is certainly possible to get that amount daily, crypto volatility is really good so you can achieve that number in one or two trades. I get above that number trading daily in the past two months.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Lord casanova on January 22, 2018, 06:28:33 AM
by making a good portfolio it will be possible to make 5% profit but I doubt you can not make 5% daily throughout the month.. market is still in dip and it is a good time to buy dip you can make 50% on certain coins


Title: Re: Is 5% daily in crypto trading possible?
Post by: JungleOnion on January 22, 2018, 06:34:01 AM
You can do anything with bots, so of course a 5% is possible, the bigger your position is. maybe not daily but you can some days even get more % or sometimes even less. Its not about the more you trade the more constant profit you'll receive but is about timing your trading right.


Title: Re: Is 5% daily in crypto trading possible?
Post by: Haunebu on January 22, 2018, 06:41:42 AM
Yes it's possible. It will take quality studying and researching. You can even make more even in a bear market, 30% Daily is possible. All that's required of you is to develop good trading skills,  commitment and persistence. Be good with technical analysis and be also in sound with market psychology.
30% daily? Really? This is bad advice people. Bitconnect and many famous lending programs similar to this one promised a constant interest rate everyday and everyone knows what happened to them. Many people that I know got scammed and lost huge sums of money because of such lending programs since they were gullible enough to fall for such schemes. A guaranteed interest rate in this extremely volatile crypto world is insane.

Many youtubers earned huge sums of money by tricking people into investing their money into such programs which is smart, but disgraceful too. Do not depend on constant interest people and expect fluctuations.


Title: Re: Is 5% daily in crypto trading possible?
Post by: pikebu on January 22, 2018, 06:45:12 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
Of course yes, if you want do trading altcoins and make target 5% daily profit from trading. But remember you must follow the condition of markets if the trend of price is down never entry the markets and if the trend of price is up, it is time for entry the markets buy and holding the coins, you don't just follow the target of profit but you also must have planning of trading.


Title: Re: Is 5% daily in crypto trading possible?
Post by: coynedterm on January 22, 2018, 06:46:36 AM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
In this world nothing is impossible because here we just need to do work with better stretagy and better understanding only .
Here personally I am not making 5% daily but still making more than what I can make in 5% daily , I mean daily % of profit is not sure .
And we need to make attention in the market carefully , sometimes it happens that we came across those conditions where we remains in the condition to make nothing in one to two week but at next day sudden to make 100-200% profit easily .
So don't go for the daily basis profit because sometimes market can dump badly for long time and also can pump after long time , so working is important than to have daily profit with is only our will .


Title: Re: Is 5% daily in crypto trading possible?
Post by: Master_noder on January 22, 2018, 06:47:03 AM
it depends on the market situation. If everything's going up, it's 100% possible


Title: Re: Is 5% daily in crypto trading possible?
Post by: fat buddah on January 22, 2018, 06:49:35 AM
It clearly depends on how are you trading after all, and if you are doing your trade during a good day when everything is on green numbers. If you are trading RIGHT NOW, your balance will be a bloodbath.
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?


Title: Re: Is 5% daily in crypto trading possible?
Post by: rudolfaxl on January 22, 2018, 02:36:02 PM
Yes it is possible. But in order to receive such a profit you must be an experienced trader. Sometimes you will sell a coin with a profit above 5%, sometimes lower, but on average for a month you can get that profit. But do not believe those who say that it's easy to do.


Title: Re: Is 5% daily in crypto trading possible?
Post by: erickkyut on January 22, 2018, 02:42:08 PM
Yes it is possible. In fact, some traders are earning more than 5% daily. In order for you to achieve it, you must be really knowledgeable about crypto trading. Trading cryptocurrencies is not like the usual trading. It is very volatile. Crypto trading is 10x riskier than trading stock market. For you to earn 5% daily, you should know the basics of crypto trading and knows how to read the market.


Title: Re: Is 5% daily in crypto trading possible?
Post by: yanto@1977 on January 22, 2018, 02:50:00 PM
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?

Everything is possible but you should be careful because real market has their own answer. I'm agree with 5% but not daily, more prefer monthly. If you can 5% daily I believe you're already rich, but I can say 5% daily is difficult. Think again, 5% a month more easy than a day. If you success with that step just raise your fund and enjoy the profit.


Title: Re: Is 5% daily in crypto trading possible?
Post by: clrpod on January 22, 2018, 06:53:57 PM
It clearly depends on how are you trading after all, and if you are doing your trade during a good day when everything is on green numbers. If you are trading RIGHT NOW, your balance will be a bloodbath.
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?

I think that's the skill of it and I feel as though many of the responses are people who get carried away in the good times. I think you'll really struggle to find someone who has made 5% daily over a year or more and especially if it's compounded. By that I mean say you start with $1000, next day you make 5% on $1050. 5% on an initial amount is possible but I don't feel like it is on your starting daily balance.