Bitcoin Forum

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.

Yes trading is hard my dear, i have tried trading many times as well and everytime i end up by stucking in trades that go deep against my position so in the end i need to hodl that is why i have decided to just hodl and try to take profit during each bull season, trading is not everyones cup of tea.

Yeah,, It's difficult, but crypto trading has also been done by many people. And there are certainly opportunities to make a profit. How long have you been trading and what coins have you traded up to now? Thank you for the experience.

I also feel difficulties in short-term trading or every week and I've fallen many times, so there's not much I can do except enter when market conditions are bleeding and have to wait until the green market to sell so I take advantage in the long run.

short term trading is really hard and stressful
some people lose a lot from trading so your $40 profit is not bad atleast you gain

For me, I prefer to buy, hold for a week or more and only sell whem I think the price will fall, to buy again in a lower price, simple and works most of the times

I think trading is to much stressful, I tried once, but never again, you have to be very good to gain money with trading, I have a regular job and I don't have time to stay connected all day

For now I suggest to buy those alts that has higher potential to earn profit, just to fulfill your trading gains in crypto. However, it really needs a lot of dedications in order to achieve a good outcome although it seems quite difficult due to volatile market. Buy cheaper coins in the market and don't do day trading, instead prefer holding your asset into longer terms because it's more profitable than day trading.

This really true. I could not even get up to your $40. Trading is very hard this week. Looking at the unusual fluctuations, prediction is very difficult. I have been studying the chart if I can get something out of it but is becoming more complex. I also need help please. Let's earn more next time.

Scalping strategy can yield some results if you know when to enter and when to exit and never stuck with any of your trade learn to take stop losses as well and leverage is also powerful tool but also very risky at the same time so trading depends on ones own plan and strategy.

Short-term trading really has a different level of difficulty and for that we must know how the market conditions even though it is very difficult to predict getting $ 40 during the week is not too bad than you lose a lot of capital

skill didn't guaranteed us to make some profit in trading, you should have some luck too. it has no different between Short term or long term, if you don't have some luck, you won't make some profit. for short term trading, you should monitor the coins that you buy every single time (i suggest you to check it every hour).

I also realized that in order to get a good profit from trading, you should choose little-known promising altcoins. Trading coins like Ethereum is not very profitable.

If you are aiming for daily profit, yes it is really hard,  you need to watch it closely and trade when it hits your target price then buy again at low price.  Doing this  for ETH is kinda hard because there are lots of bots playing with the price and it tends that whenever we place an order it is easily beat by bot by 1 sat lower or higher.  Though I made some profit in Energi, bought it at around $2.60 and sold when it reaches $3.20 but with an uptrend like NRG, I guess it is hard to have a pingpong trade.  Why not try Verasity, I seen it goes up to 20 sats then goes down to 16 sats and now it is trading at 17 sats,

I bought some bqqq and now it dumped despite all the HYIP around the IEO sales. I think low price coins trade may quickly give some profit. A friend made $700 from harmony in less than 24hrs and another made some good money from Xbase banking on the volatility. For now, I prefer to swing trade good projects with low price.

In case of LTC it was best not to try to fight the trend and keep on trading. Before halving all coins are being pumped so when you knew LTC halving was coming it was best to buy some and hold. Since May the price was increasing steadily. Even if you bought last week at 100 dollars you could easily sell this week for 120 with a 20% gain.

 What's difficult about that?

it is very hard as from what we are seeing now.
as we can seee, once a coin nor token had been listed to any exhcange that is the best thing that we can had. just to exchnve and be prepare!

It's probably a trivial answer, but nevertheless try to keep the litecoin, and Ethereum for as long as possible in your portfolio.As You can see, the market is slowly but surely turning green.

quite sure that the market will indeed be increasing again and again slowly. this also requires a fairly long process. because of the increase in crypto some people have been waiting for.

Looking at the charts, the prices of eth and ltc are on an upward trend. Short trading is profitable at this point of time. Bitcoin is over $8,000 again for the second time this year after falling last week. However, you need to evaluate your strategy in short tradinh to improve and have bigger profit.

Just be thankful that you have at least made up some 40 bucks this week rather than having a hanging losing balance.

Reasonable strategy?It does matter on each of everyone because a certain strategy might work for other might wont work on your side.
So,if I were you then better stick out with your own trading style.

Theres a lot of other altcoins that u can trade aside from ETH and LTC.... because mostly, if the major altcoins are on dip, some altcoins goes high.... Crypto trading is really difficult if u dont have enough knowledge in doing it... But, if you know evrything about crypto trading, even if its red market u will still gain profit... Just continue to learn you can still gain on red market..

I do not think so. This week LTC showed resistance that it had not shown for a long time. The price is already over $130 (must be from the influence of oncoming halving). Also pay attention to the interest not the amount you earn. The earned money grows with your investment.

Is there a problem with your strategy?

---

These two coins has been pumping for the past weeks so I can't understand that you are not satisfied with their moves.

---

Buy reasonable coins and these two is also one of the best for alts, how much your max capital when you trade?

That's what I wanted to say, don't focus on eth or ltc alone, there are other altcoins or even bitcoin that you can short trade and get more profit compared to what you had. Look for altcoins with wide gap of change in the market, not in the declining stage but rather with the upward movement. Trading skills are not earned overnight. If you want to know the ins and outs, you should learn it slowly but surely.

Red is reflection color of sell orders and pro traders jump to the market for placing a buy limit orders on accumulation price points. Shorting the market is also another version of taking advantage of downtrend, it requires more skills than buying blindly.

Trading will be easy to get profit when the market conditions are crowded and the price chart is rising, but if it is in reverse conditions it will be difficult to make a profit.  I think that is normal in Cryptocurrency trading.  So we have to stay calm, patient and keep up the spirit.  We wait until the price rises again, then we sell the tokens or coins that we hold, to get more profits.

I always prefer not to trade by coins since it requires a lot of time and knowledge to actually make some profits. I simply buy and then hodl for long time. In that case,  I avoid the risk of losing your investment because of wrong predictions in trading

in my opinion it is very good at least you have got a profit, but if you want to get a bigger profit then I suggest you not to trading by buying ETH and LTC or other biggest coin (coin which is in the top 100 coinmarketcap), but you invest in coin that are in the top 300 - 1000 coinmarketcap, so I'm sure the profit you get will be greater even though the risk is also greater than you investing in ETH and LTC.

I know there's hardships behind all past weeks, but don't give up on your asset. Take those opportunities that will do such great things specially on those cheaper valued coins, you should buy and hold some of them. Don't expect quicker profits for now, and instead of having quick tradings try to choose long term holdings of your investments. We shouldn't rush all things out, there must be patience in every aspects in life because one day you'll be rewarded by it.

Yeah it is hard to get profit from crypto trading. If it was actually very easy to make profit from trading, then everyone would quit their job and get involved into full time trading. Though, it is true that with time and experience, trading might seem more easy than before as you will start to get more familiar with the market.
The best strategy to follow is to always set a specific profit/loss goal for a day. Whenever those goals are reached, stop for that day.

Well, it must be taken into account that the only way in which profits can be obtained in a speculative market is through volatility,and these days it seems that the market is taking a breather after the great intensity observed in the months of April and May. And this was to be expected, because there is no market that can sustain such a vertiginous rhythm in a permanent way, because investors also need to take a break to rebalance their assets and rethink strategies, so we could also take advantage to take a well deserved Summer break before returning to the beautiful roller coaster that is approaching.

Just like bounty ,for me bounty is kind of a true job you need to do their task before you will get your perspective rewards,trading is so hard because the market is really unpredictable so you better do another thing to earn in crypto.

I was doing swing trade on medium altcoin and i can earn more than 0.05 btc in a week and some times i can earn more than 0.2 btc easily. If you are a small user and then big coins will not suitable for you. go for another altcoin that is not placed at the top of coins. You can do a swing trade.
I thought that if you have bought ltc at the dip and you must have got easy money but it looks like you don't use a lot of amounts to trade.

Crypto trading is not as easy as it may seem, it requires a large capital, knowledge about trading, self control, etc. For me, the most I have made in a single trade was about $200 but I have also learnt that hodling is more profitable especially now that the market is beginning to recover.

the profit you will get also depends on the capital you have, but I admit this week the ETH price is indeed quite stable. I think getting $ 40 a week is pretty good, you just need to be a little patient to get a bigger profit.

That is true getting any profit from crypto trading is very hard we need good strategy to find the good coins and have a potential of giving huge of price in short term, if you find the good crypto it might not hard for you to gain more profit from it.

I think during bull market, better hold our coin and not doing trade. If we are already hold a good coin, i think better hodl for long term and set a target to sell, because sometimes trading during bullish run is not wise decision and we miss when the price increase

In crypto market trading, at first it was really hard especially when your priject has no potential. As the old saying says, patience is a virtue so patience in waiting is a must. Never rush thing to get the profit you always wanted bevause everything takes time to reached the goals. So whatever the best project you might in like the dencoin tokens, learn to wait as the process really takes its time dor you to gain your profits in the future investment.

That is not a meaningful thing because when someone has the ability and expertise he has the opportunity to be able to make a profit. In the world of trading everything depends on the capabilities and experience that we have, when we are able to make good decisions and choose the right investment, we will make a profit and even achieve success.

The opportunity knocks once and I believe it so.  It is a big regrets if we lost this chances cause it never happens again. I know holding will be a safe play during bear season but we are slightly moving forward and I hope this trend will keep from rallying until the year ends. Keeping it positive and giving our trust into the market will help to prevent from not to be in panic selling.

the bullrun is a completely different story. i doutbt it will happen in the next 5 years.

you're lucky to have earned $40 for a week. its difficult to trade when the price doesn't move much. when the market moves sideways, its always  but prehaps you should stick to the btc/stablecoin pair to see whether you can profit more than $40.

Maybe you dont use arbitrary strategy. Usually there are different price and volume on some exchanges, sometime the price has a huge stretch from a normal or basic price. Sometime in dex the price is cheap then compute the fees and income whether you will benefit from it. Then sell in the centralized exchange with much higher price.

Sometimes to get profit in crypto trading is hard and sometimes is easy.
I also still newbi in crypto trading, I usually will take action when there is a good news.

Well I guess you'll have to do some effective strategies for you to earn crypto trading. There are a lot of strategies in trading, you'll have to find on what suits you the best. Also, transaction fees are so high now.

That okay if you're newbie in trading mate, what impotant is you're aware of your capabilities. Some people whose new in trading tend to lose more money due to ignorance. Most of them decide quickly without even thinking or studying what moves to make, although crypto trading profit gaining wasn't that easy but we can develop skills in order to do thar smoothly. We need not to rush on things, it needs time to achieve it. One day if you're equipped with knowledge, profit will become your strength along the way.

Well, look on the bright side, $40 is better than nothing.
And besides, because of the volatility of crypto, it's better to look at profits month to month rather than week by week.
If overall in a month you are raising capital and expanding your portfolio, than thats great.

I find it more beneficial to look at how much my portfolio has grown in terms of how much crypto I own rather than dollar value.
For example, I sold off my ENJ about a month ago.
The all time high of enj was way more back in the bull run but that was jsut because btc was worth way more back then.
Now, ENJ is experiencing its highest price per btc ever, a true ATH.
I was able to quadruple the amount of btc I have.
That's a huge win in my book.

I think the transaction costs depend on the assets and exchanges where you trade. I think daily trading does not require much transaction costs. if you only play with one asset I think there will be an advantage by choosing assets that have high trading. it will make you easy to make a profit.

maybe now with the current market conditions and situation it is difficult to get a profit in crypto currency trading because the purchase price with the crypto market selling price is not balanced but investor confidence can make the development of crypto currencies more developed and profits will be gained in invest with trade

I think now it is the time to get much profit from trading because moving up and down the price is fast. From a week ago i get much profit from BNB, BSV, ABYSS, RVN, ETH, BTC. if you have capital you can start trading now.

Trading will give much higher profit but you need to be very careful with the current prices because a sudden increase and sudden drops will not help you to make money. In cryptocurrncy, we need to have little patience which will help to make a very good amount.

Trading is only ever hard to people who dont take time to analyze the market and study strategies. One should have a large capital for them to feel the gains that they earn ijevery trade, yes we can argue that you can start trading with any starting capital but it would take time for you to grow it and for some that have a large capital they already earned what you traded for months in jist a few days.

Top altcoins like ETH and LTC have huge volume, which means high liquidity. However, their prices are usually stable and move along with bitcoin's price. Trading is never easy. Gaining $40 proved that you're a good trader. Unlike you, I prefer low volume altcoin. Buying them and patiently wait until they explode. That's my strategy. It's risky and takes a lot of effort, though cause I have to strictly watch bitcoin's movement.

Profit and loss is part of any business sector. You cannot always expect only profit. And cryptocurrency is no exceptional. You are talking about a small profit. You are lucky that you have benefited from cryptocurrency. There are many people who are in pain by suffering a big loss from the market. So try to become content with whatever you have.

If you are facing difficulties in crypto trading you can try making investments in ieo and ico projects in cryptocurrency and now there are ao many good projects that we go and make investments juat like the Dencoin tokens that offerings a ico now and you can but tokens from them until the end of this month.

Not in every week/day you will make profit, that's how trading works. For your info, if you are not a pro, I would suggest you to stop day trading, it's very risky for newbie.

Good for you, in bullish time, it's really advisable to trade as price is move volatile.
Also, altcoins are starting to pick up, it's not only bitcoin game anymore, it's the game for altcoins also, maybe more altcoins will be alive again as bitcoin continues to rise, I'm really hoping we will see it trading at $10,000 anytime soon, but can't force if that will not happen soon, I still trust it will somehow happen this year.

It's the fact. Crypto trading is not easy. It is something we shouldn't take easily. I can felt your emotions. I've been trading for a year now. Somehow, I already know how to read the chart and how to use technical analysis. If you are serious enough as a trader, try to search some useful tools for you to decide on whether what coin shall we buy at the dip. Fundamental and technical analysis are a great help providing such good entries.

Trading alt coin is really difficult and risky, the movement is very wild some of them could go really high in a day some could fall down without any chance to go up, I think eth and xrp still a good coin to trade, the risk is lower trx also can be a consideration, for me ltc is a just a hype coin not too good to invest or trade

When this is indeed very difficult to find profits from trading, even many traders who lose their money due to forcing themselves to trade in this situation, I recommend buying coins that are really good like XRP or LTC

Generally it’s hard to make so much profit in trading at this time. Major profits are gained from buying into a successful IEO and waiting for profit or buying into a coin that has a big event and news coming up. Otherwise it’s just a little little profit like 10-15% based on your capital.

Yes, now it is very difficult to do it, but it is possible. The most important thing is not to be greedy, but to try to trade on large volumes and not to do so on large falling strong coins, because there is always a rebound in price after a strong drawdown.

$40 profit pretty good rather than got nothing but indeed this week there is no big pump for coins and actually trading is simple buy low and sell high but the main problem is how to predict the exact time to buy and sell however today i just bought some of LTC and BNB and i wish these altcoins could be profitable for me and lets see about it

Actually, a majority of crypto traders are  forex or stock traders. Experience and skills from forex and stock make them superior to the rest - crypto amateur traders. I guess that you're one of the rest: no TA, no experience, no guider... But you still can trade base on news or leaked signals. However, if you're serious with trading, then take a TA course.

I think it depends on how the strategy we are doing and also the coins we trade. if I currently focus on trading with bitcoin but there are also a number of other altcoins that I have traded as well such as ethereum, BNB, DOGE, and QuarkChain. it is an asset that I use for trading today and is very profitable.

i don't have a good strategy trading at this moment.
we can see market go down again and price of ETH decrease sharply.
i think hold is the good choose for now.

I.may be difficult though and that will be solely because if btc fluctuations which has not really gives a sign of up or down to the trend and that has weaken the alts in which way to head , so I will advice to always use stop lost in other to limit the lost in trading.

Just consider a good strategy, there are so many altcoins so you are able to trade them all - that means various puck of strategies.

for me, $ 40 per week is more than enough for a difficult trade this week. you should be grateful for being lucky. the altcoin that I recommend is ethereum and bnb.

Not only crypto but trading any financial market is very hard, be it forex market or stock market. Trading needs lots of patience and proper plan. Conditions of trading every financial markets are different. Personally I am not successful into crypto trading but if comes to forex market I have good winning rates of trades. Volume in forex market is very high and its easy to analise the market technically but in cryto market reading chart is not that accurate, I am sure there may be some way to trade cryto market successfully as well, we just need to explore those ways and practice it patiently instead of trading market on guess.

actually it's not so difficult when you can read the situation carefully, when to enter and when to get out, but all are full of speculation and now the crypto market is not friendly

Especially there is the danger of trading on some exchanges. I am faced with such a situation that there are exchanges from which it is impossible to withdraw your funds.

I think that trading with coins such as Ethereum and bitcoin is suitable for beginners, because they do not know how to choose coins for investment. But if you are a good trader, it is unlikely that trading Ethereum will give you a big profit. You can choose more interesting and little-known coins.

if you are an experienced trader, you can trade ETH using margin trading and then you can earn a lot of money

Nobody said that it is going to be an easy task and yes it is hard, but not impossible. Try to search for arbitrage opportunities and look for the upcoming announcements for great coins. Usually, the price raises before the launch of a mainnet or so.

a permanent big profit cannot be, on one week there can be a big profit, on the other a small one, on the third generally a minus. Glavgoy patience, I think next week you will earn

If you trade every day in ETH or LTC it is certainly very difficult. Because ETH and LTC are better for long-term investments, if in my opinion. If you want to trade every day it's better to find an altcoin that is recommended by signals in your own telegram or analysis. And don't trade just one altcoin.

Everywhere it is difficult to earn, especially in the cryptocurrency, many new investors come to the cryptocurrency for the sake of quick and easy money, but it is not so easy to earn.

It was a good opportunity to buy Bitcoin at 4000-5000 dollars. I partially bought, but I still regret that I did not invest 20,000 dollars.

My initial attempts to trade on cryptocurrency exchanges often end in a loss of investment.  But I'm not going to give up trying to change the approach to trade and became more cautious in making decisions and choosing coins, devoting more time to analysis and price behavior.

I think trading is not very hard but controlling emotion is hard than trading. If you can control your emotion smoothly during trading you will win the game and can earn some profit. We need to learn and need achieve more experience in trading field to earn profit regularly. There is a proverb like that ' little knowledge is dangerous things ' So we should not enter in trading with big amount with out any good knowledge about trading.

i think crypto trading is easy .two way easy like you can lose your money easily or you can earn easily.i think earning is easy in crypto trading.1st learn how to trade and control your emotion.then you will be earner .

I am finding it very easy to make significant profit.  I am trading on HST decision token
https://coinmarketcap.com/currencies/decision-token/ (https://coinmarketcap.com/currencies/decision-token/)

really the end of the price of altcoin has not undergone too many changes and it is very difficult to get a lot of profit so be patient waiting for the right time to sell and buy it depends on your own analysis

In general, in this market today it has become too difficult to earn. There are many reasons for this. Yes, and new good projects on the market today almost will not do.

in fact it is not difficult to make a profit from crypto trading all depends on each skill because in crypto trading needs accurate accuracy before we invest and value from all aspects

Buy cheaper coins on the market? Does that guarantee the certainty of profitability, I don't think it's that easy in the current crypto market conditions. I agree with you to switch to trading weekly, because trading daily is very difficult. Did you buy a number of altcoins this week, anything? Thank you.

in unclear market conditions like today.  I chose the 10 best coins for trading.  or I chose a Odem coin.  I'm not sure about Altcoin.  the majority of altcoin falls and do not have value and die in every market.

Trading requires patience and dedication especially these days since the market is not as promising and as productive as it was a year a or tow ago, usally the market moves and goes up when bitcoin goes up as well so if you really want to make some profit from trading both etherium and litecoin you might wanna keep a close eye on what is happening  with bitcoin market even if you are not able to trade in it, you just have to have some faith and trust in the coins that you are trading and always do your research.

i agree, its.becoming hard lately but one thing i must suggest is think before you click,.this is also applicable in trading, coins lately are becoming more aggressive but xbase has a.lots of good.news i think its better to trade this coins, straight days this week this coin are always in.green.

I agreed mate, trading is not that easy as what other's thinking about it.  Yes it is true, we can get a huge profit in trading but its not that simple to get, you need to consider a lot of things before We proceed on that things. Know the most top coins in the market, know the best and good volume exchange too, and those could be found at the coinmarketcap. 

Trading is difficult task need some good experience and spare fiat money, then you can do it taking risk. I personally prefer trading to holding the coins.

These days, It's really difficult to make profits, but experienced traders can make profits in any situation. It all depends on your level of expertise.

For me I always go for doge coins when the price of btc surge and sell it when the price of btc goes down, my ideal price to buy doge is 34 satoshi and sell them in 100 satoshi and I always got good profit with this method

I think not only in trading. It is really hard to earn profit and ee need to work for it. Specially in crypto trading. Crypto trading is always depend on how we used or understand crypto. Because from the start crypto really needs a great or amazing strategy for us to earn.

Crypto fluctuation very high and to gain profits in market, we should have knowledge about technical analysis. For some project, i am prefer holding a coin for long term, project like WAN, ICX, EOS are project worth to hold long term

If you have trading experience, I think it's easy to make a profit in trading depending on your strategy.
if you want to be safe, you have to do long-term trading and I think Erthereum and Litecoin are more profitable if you do long-term trading or wait in the next few months to get maximum profit.

I see the price of LTC increasing continuously, which trade method do you say does not achieve much profit in the past day?

Also sometimes luck will bring good addition to your success, you'll be able to generate much higher profits when your luck showed up in the right timing, it's hard to gain if you are not that familiar enough but when you already have a good skills then you'll find good benefits with this market.

I think this effect of the increase in bitcoin prices is happening, you can see when the price of bitcoin rises then the price of litecoin also rises and when the price of bitcoin falls the price of litecoin also falls, take advantage of this situation to sell litcecoin and withdraw profits, if you buy the price go up then that action is wrong.

Do not worry the cryptocurrency market is unpredictable. And suffering losses or getting profits is part of this market. Now you have got only a small amount of profit, but tomorrow you will get a big one. Just keep patience and continue doing what you are doing. And learn trading skills and acquire crypto knowledge for the betterment.

There are also hard times for traders especially when the prices of coins that you are trading are down instead of going up but that's only temporary. To avoid this, improve your knowledge on cryptocurrency trading by learning many important technical analysis like macd, rsi, candlesticks and other valuable trading tools. Experiences will further enhance your skills in trading so never stop learning.

to operate the indicator we can learn via youtube. and with us practicing it, experience is gained. until finally we can become traders with counter trends but make profits

It breaks my heart to hear all these wailing. LearnFxNet [ THE METACHAIN] is here to solve all these issues for you. Trading should not be losses if you are on the right place and with the right back up. Please search for LearnFxNet. Win Win  and just support us. We all be free. We are making it possible to win in forex at the same time in Crypto. If you have one altcoin trading on both sides, and on a unique platform with lots of Automated accurate signals+ You are lectured how to become a better trader in the future. With our project. There is no more losses for you.

Yes it is right that it is hard to get profit in crypto trading work because this is the only work which gives us the freedom from other private works because those works have no profit in future and have very tough competition and risk in this lines.

Nothing is easy nowadays, most of people who get into crypto after 2017 are rekt including me. You just need to be smart and continue, go guts, no glory!

Since the market is experiencing bearishness, it is very difficult to profit from altcoin trading, I think currently only bitcoin can benefit me in trading. although this is a high risk but at least there is revenue from bitcoin.

$ 40 profit in a week does not seem to me at all a bad earning, i believe that the only safe things that make (even if little) earnings in trading are scalping and arbitrage

I feel it's hard to get profit in crypto trading in the last year, but now, we can make those profit with many altcoins. Although the profit still not too big than in the last 2 years ago, at least we can come back to reach the profit and we can hope that the profit will be bigger than before. The market itself still moving to the higher price and I think that it's waiting for the right time to see the bull market comes and it will give us a chance to recover our losses before fully.

it's hard to earn a lot on crpto trading because of the very low price of ETH and LTC but I'm also certain that I can earn a lot in trading when the price of these coins increases.

sometime we have to break trading and holding some asset on personal wallet. this time are most people coming into exchange and make fast profit then leave exchange to another exchange.

I have different strategy, I use day trading with margin on okex and bitmex, then I buy some alts without leverage and also I have long term portfolio where I hold alts

If you are into long term, and have found a potential project, I do not think it is hard to get profit when we enter at the botton.  Besides, I always look for a promising token where they burn their supply so that the rarity will kick in and the circulating token become less and less thus creating more value on every single token.

it is indeed not easy to get profits at Crypto because we have to see the conditions and we must be able to manage well so that we can easily get it.
daily or long-term trading, if we lack knowledge and experience so we will find it more difficult to benefit from it.

For myself, I determined that short-term trading is not for me. Several times I tried to conduct such trade and went to zero. It is also a good result, even if it has not lost anything. Now I work only in the long term. Trading is a serious thing and nothing will come of it. Need special knowledge. So it is necessary to study this thoroughly.

Its only hard if you have less experience and less knowledge, Youtube is a good place to learn. For me trading is about 10% of knowledge and 90% of self-discipline, if we are just trading for the wrong purpose then it would be hard for you to earn. Trading crypto are the most profitable because the market moves faster compare to stock market. If you are losing, then learn how to earn money in trading I know its not easy but you have to give the full effort and your best sacrifices.

Getting profit in crypto trading was not really that hard as long as the project you were holding is good juat like the dencoin token whixh is a really promisi g project that can provide a good profit to its many investors. But, on tje other if the project you were in was not good then thats tje time that you realized that getting profit in crypto trading was hard.

Practise says that the best trading is holding and buying Bitcoin.
It was 3300 at the bottom in winter, now more than 9000, so it is x3, how many x did altcoin trading give you?
Much safer and easier as you don`t waste time monitoring everything.

Profit from crypto currency trading is not as easy as you might imagine with the current market conditions. if you do the wrong analysis and take the wrong action I am sure the benefits will be further away from you.

You are right, when we don't have a target in this trade it will make me a little ambition to reach a large number. It makes it too late to sell and fails to make a profit. It seems like a good suggestion if switch to weekly trading, and right in this green market condition. Regarding the number of bots that play in the market, it makes me bored.

This isn't a fact for me. Yes, at first it will be really hard to get profit. But with good sense of hardwork and patience as time goes by and as ling as the project you will holding was good I can say that you will be getting a good kind od profit just like tje dencoin tokens. For me, if you are holding a dump project it will really hard for you to have a profit but as I've said, if the project you were in was good and beneficial then it will bring you a good profit as well.

I agree with this and its one of the many obstacles that needs to find solution, usually if you are small time trader youll be in hard time to get a decent profit out of it. because of the fees that usually taken out from your balance while you are doing trading operation like Buy and Sell. But if you are big trader you can easily controlled the situation induce fake market sentiments so on and so fort. im doing trading more than 2 years already and the results is the same.

There are many topics on the forum in which various strategies are detailed.


Everyone conducts analysis in different ways, so do not listen to something opinion.

There are so many altcoins that can be traded and not ETH and LTC alone. As a matter of fact, trading those two might be strenuous and might take some time, except you are an expert in trading, which of course some people do and get reasonable profits, but that does not mean they do not lose.
If you still intend to continue trading ETH and LTC, you might learn through the process. At least you are gaining something and not losing. With time, you will also mount the pedestal of pros and will get better result. Do not just give up.

for now the price of altcoin is indeed unstable ... the movement is so fast that it is very difficult for us to be able to determine the right time to buy and the right time to sell in a short time ... but what I'm doing now is holding back ETH since I have Last April, the price was still under $ 200 ... and now the price has reached $ 275 ... meaning that now if I sell it, I have got a profit of $ 75 ... so my advice is better to do long-term buying and selling ... and choose Altcoin that has Big volumes like BITCOIN, Ethereum, Litecoin, BitcoinCash and others that have a lot of interest ...

There is no such definition like a shortcut to the successful crypto trading. It takes years to become a professional in any field and strange new traders don't give up about finding their holy strategy for trading cryptocurrencies. It is hard but let's accept the fact it worths to spend time to become a professional crypto market trader.

yes, it's really not easy to benefit from crypto trading especially if you're still a beginner because even those who have a lot of knowledge and experience are still having difficulties, so all you need to do is keep learning and trying because there are more people who are successful because cryto because they don't give up easily.

Yes, really making money in the world of cryptocurrency is difficult, but who said it would be easy.  I believe that if you believe in yourself and in cryptocurrency, then everything should work out.

I think we can't really be survive on crypto world with anyone advises. Even if someone explain all the strategies we should have good practice about trading.  My option advice is keep trading even if got lost day by day and once you got good experience you will be performed well. 

In the world of cryptocurrency, luck is very important.  And she does not always and not everyone smiles.  So many not only can not earn but also lose a lot of their own money.  Here you need to be very careful.

last year is more harder to get profit because coin drop it's price but now you can get easy some profit because of the rising market.

You still lucky that you are getting kess than $40 on that week because other they did not learn but they lose but I want to know what profit did you expect? It is hundred dollars or more?

ethereum and litecoin is good because you have two coins just add more ethereum and bitcoins.

I think getting the profit in cryptocurrency is one of the easiest method but you need to be patience in sometimes otherwise nothing needed to create a profit if you hold on for long time then it will be successful the work up pressure is very very low in this field

It is difficult to get a big profit in this trade, maybe only for those of us who have little capital in trading, but if we have large capital in trading, we will still get big profits even though small price changes and sometimes trade is not always profitable when we have to  accept the loss

Indeed, in these years and 2018 yesterday it was not easy to get big profits, and conditions of market movements that are very difficult for us to predict, in today's trade we must be able to immediately make decisions when buying and selling on our trading day, so even though the small amount of profit you get is the result of the trade you get, and you have to be able to accept it regardless of the profit, because even if you don't get many benefits, you have to appreciate the results you get from your trade.

Not so hard really, profits only based on the capital you invested and how ofter you are doing trades.

$40 dollar per week doesn't seems to bad for me.

So because there is no growing market now to get,not a secret for many that only during the growing market,you will be able to take and trade on live stack,so to speak where not to throw money,there is still a market growth and you will profit,and now of course the market has not even come to life normally,only

That's why you just buy and hold!! Proof: https://www.youtube.com/watch?v=5TMygwWv4dc

I don't think is that hard to make profit from trading crypto currency except if you are not good in trading and you don't want to learn how to trade or it is difficult for you to understand trading method that can earn you profit at the end of the day.

Probably it is hard to get profit in crypto trading, but it depends on your knowledges. From my point of view you have to make a lot of mistakes, but later it would be easier to get profit. Learn your lesson!

yes, it is indeed difficult lately to profit from that trade because the unstable bitcoin price makes technical chart analysis useless because the price movement of bitcoin is very influential for the altcoin

Altcoin can be bought almost any, but you need to carefully examine it before that. Profit everyone can choose himself, depending on what strategy he will use.

If you have more funds, why not take BTC or BNB, the coin has become a favorite for several weeks back, especially in the future Binance also announced that there will be a special exchange of US citizens. There is a high probability that the BNB will also function as one of the conditions

It's weird while people make easy profit with trading bitcoin, the unstable is because he's rise, not drop in price. I began to feel that you were only wrong in choosing coins to do trading, because the price of bitcoin is continue rising, you should choose bitcoin to trade.

Try to trade recently popular cryptocurrencies. Such as BTB, btc and tron. In this case, a good profit is felt

Actually, to get a large profit, we must dare to enter large capital too. For me, $ 40 is already affordable, especially with minimal capital.

not it's easy to struggle in the sense that we have to master the strategy and also have courage, it's not easy to get big profits and in my opinion so I still doubt.
seeing many people who fail is actually not a problem and does not want to try, maybe if you have enough capital and knowledge,so it is strong enough to try it.

Suggestions I think will be quite familiar. If bitcoin went up then a lot of altos start to catch up. Someone who is not very good. I think it makes sense now to buy.

i will definitely not suggest you to do short term cryptocurrency investment or doing trading, except you are expert and have enough experiences with crypto trading with good knowledge about crypto market trend. im not doing trading for my cryptocurrency investment, since im the only beginner in crypto world, its better to do long term period investment such as buying potential altcoin or bitcoin or investing in very good ICO...its more safety in my opinion, you can manage your risk from lost and taking your profit easily.

It seems it is more rewarding to hold this time than try to trade, the market is in a bull run and one may miss good opportunities trying to trade it all, over trading is also a bad and some bad decisions can be made while doing this. Hold longer is the best option at this time

I agree with you, to get a lot of profit must also have a lot of capital if only with minimal capital can generate $ 40 it is a reasonable thing

Crypto trading does not bring too much for minor investors. Only those, who have enough money to risk to buy a lot of cryptocurrencies make much. 40 dollars here (in your example) is not so bad as it is not at least a loss.

It's better than nothing I guess, profitable investment always accompanied by good understanding of the system, if you know what to do with your assets getting much higher than $40 is very possible, it's the time table that you'll need to get into buying low and selling high and repeat the cycle will bring you decent profitable investment from this industry.

if 40$ for one trade than it is good money, but if you earn $ 40 per month, then it is no longer interesting

Yes, because the market has experienced a sharp decline at that time, even crypto bad news always came, this also affected our income in trading and investing in projects. but if you have bitcoin, I think it's one of the coins that is profitable to trade because the price is always stable.

Not only recently, most of the time in trading, the value of bitcoin always has fluctuations that make people just silenced and surprised, we are hard to earn profits but this is the challenge that we need to face, it will be a bridge for us to gain other benefits from trading. If life and work in trading are too easy, everyone can make money, I really can't tell where the profits will be made, there is no such loss there will be no winner, this is a war between intelligent brains and calculations, you need to be smarter than others if you want to stand here

Now, the market is being really very unpredictable, Bitcoin still raise continuously but while all most ALtcoins increase very little. I suppose in next time, When bitcoin is around 8000-8500 USD mark, Altcoins are precisely really pumped strongly

The crypto market is very young, which makes it extremely dangerous for people who have no experience in trading. If you have been trading before, and have been trading successfully, then it will not be too difficult for you to be successful in the crypto field.

daily trading is very draining of mind and time to examine what we have to do, even though many people who succeed in getting satisfactory results, for me there is nothing difficult when we are convinced of the choices taken.

This is not new. Trading is not something that we just jump into if we feel like it. There are skills that need to be developed in order to make profit from trading in a more consistent and effective manner. But of course, this will take time and tons of patience because trading can be very exciting and fruitful but also stressful and frustrating at the same time. Personal trading strategies come as we move forward. One's strategy may not work for most. So we usually come up with our own. And a few research here and there would be very beneficial.

Well it is not always hard to do so if you have the trading skills and the ability to take risk. Trading is more of a risk than speculation and it also rewards you huge. In addition, for trading, you got to keep your coins over the exchange in hot wallet which is also a risk for we have seen wallets getting hacked over exchanges. Bitcoin you end up making money if things goes good.

Trading is not easy, you have to analisys market first to know what move will happen next time.
If you daily trader that mean you take a big risk to get loss but have chance to huge profit.
You must have a good feeling everytime you trade.

To be honest crypto trading is much predictible than in financial or Forex markets. I see basic patterns every day. Regular trader of Forex can doing very well here.

Right you are dear. When ETH, BTC price was low i did short trade and benifited but now every tokens price going down and down as BTC price going high. So i think this is not high time to trade until BTC, Eth price not stable.

Of course, it is easier to trade in cryptocurrency than in Forex, but still it is necessary to remember that in order to make a profit with the help of trading, you need to have at least some knowledge

but not all traders are always profitable even if it is a professional trader. I mean, trading is indeed one way to get quick profits but also depends on market conditions and also the coins we trade. on the other hand it can drain the mind because we are required to always monitor market conditions and the movements of the coins we trade.

In reality, it is indeed hard to earn profits from making day trades as it takes the experienced trader a long time to make profits. One cannot just make a one day trade and make a profit of over 1btc when they have say only o.1btc to trade with. So if someone is making like a 1btc profit, it means that person has entered the market with a very huge amount of money.

With those coins you listed, the chances of really making much profit through your trade no matter the strategy you use is quite low, the best coin to trade this period still remain Bitcoin, now that it is increasing, but you still need the right strategy to be able to approach a good profit because of its volatility.

If you want to make money from altcoins, I am not sure they are really good for day trading, they can be perfect for a short term trade and most especially a long term trade. I would prefer to just hold the coin for a long period of time till I see a level of growth in the value that is reasonable for selling.

You are using fundamental strategy which I think is still the very best for anyone that is new to trading, because technical analysis which works too could be a bit too technical for a newbie to understand.

Although if I am to advise any newbie, irrespective of the fact that I know that everyone starts from somewhere, I would advise a newbie to just buy some coins and hold for future profit until such newbie learns till he is almost attaining the stage of perfection before he can go on live trading which I think is still the best advice. Trading has too many risks, and one needs to really be serious with it and know what he is doing before getting engaged.

trading generally is difficult be it in cryptocurrency or in other traditional trading but I do say cryptocurrency trading is more understanding and easy to learn than in traditional market. It's not difficult to benefit in trading cryptocurrency if you know how it's all done as many make money in trading this currencies.

At first you can really say that its hard getting profit jn crypto trading but this is normal and it depends on the project you trade. But indeed, you can get a good profit you desire base on project you were holding. I can say that for base on my experience, I usually gey a good profit because of dencoin token and this project was good in benefiting many investors.

it also depends on market conditions, sir. because if you start trading without analysis you can get trapped in a loss from your trading capital. but indeed getting profits on assets and good market conditions through trade will promise us great benefits.

Markets is so volatile and you must be aware that market price is fluctuating day by day. Its hard to trade when you are a newbie and still learning how the market run. Mostly of them is lossing too much profit because trading so risky. 40$ a week is enough for me if thats my profit the whole weekend of trading.

Eth is the one i can suggest you to trade because as of now you can see we are at stage of bull run already.

Well, you do after which you stay in the black, so you shouldn’t worry, could you do every day +3 percent to the deposit - it would have worked in the company some large)

to work on decision as appealing with use of possession on tools and selection of application to deliver with use of one on signals to helps as defining option as preparing new position with the table of market with the bitcoin trading.

If you are a pro trader think that the profit you earn is great every day because you know what coins you should buy in trading because it's not just because you just keep your biling coins because of the chance that the price drops Forget it.

Yes too me trading is very hard, if I'm nor getting smart trading knowledge. Holding an easy way and at this moment i wish. In fact, the decision to accept crypto market position plays a pivotal role in your future profits.

if a person is a professional trader, he is guided by technical analysis and he clearly knows with which coins he should work with and with which he does not. his position should be clear

Right , Fundamental strategy is more easy to use for newbi in the crypto trade.
Whereas Technical analysis is not easy to learn .

Many are saying 'why not try trading so you can earn on daily basis? Well it's not that easy and trading with altcoins are more risky than bitcoin unless there is a huge price surge on altcoins,no matter how hard I try I still don't get

Everything depends on the intelligence that we have, without the smart thinking it is clear that crypto trading will fail. There must be knowledge and techniques based on understanding certain coin characters about problems that can affect prices.
For example, positive news about crypto that has emerged lately certainly has an impact on price increases, it turns out that the increase in bitcoin has made the altcoin price also increase.

i think $40 is a good profit in a short time, i hope i can trade like yours way, rightnow im trading a token and getting a small amount of profit by scalping and doing arbitrage practicing my self with numbers and timing.

I used to buy a coin or token for good news on the coin and the market that often got a trading advantage in binance because it was moving well. If you want to be safe securing eth and LTC assets... great for a long time

I think bitcoin is only suitable for long-term investments and if you want to benefit from playing the altcoin top 100 to minimize losses and increase profits, and buy altcoins when there is good news

Good for starting this investment venue trying to get something good out from your investment, if you'll be able to get more time finding new ways to invest wisely and get more opportunities to earned even in a little profits soon you will be getting more.

with the current market conditions, where volume support is certainly very influential, then making a profit by trading on the crypto market is much more difficult than before

Its true. Trading is not always end up with a happy ending. Specially now that the market is very down, its very hard to gain profit because all crypto are down. Also it depends on the type of crypto you are trading. Not all crypto are good to trade because some of them are best to hold for a long time. Skills and good decision making also contributes to the success of the traders.

In my opinion, it is not difficult to make a profit in crypto trading. even in the crypto trade it actually gets a big profit by buying coins when the price is cheap and selling it when the price is high.

Its hard to predict prices right now so its better to buy and hold until now the price get drop maybe it will cause a huge pump soon patiently wait for it for a bigger profit.

Speaking about hardships in trading any of the altcoins in the established marketplace, I don't think nobody finds it easy in the first place. Before we got into success we should encounter most difficulties in order to prove your capabilities. So in trading crypto, that always the same process that we're going to experience. If you're dealing with physical job or any work hard? then here at cryptocurrency you cannot expect leisure times, because you'll always tend to undergo hardships during trading. That's reality in life, if you wanted to earn good money, you must excert more effort before it will go into your pocket. Learning is the best tool for us to make crypto trading easier in order to become successful in the midst of your efforts done.

I agreed that trading is not that easy like what everybody's thinking about. Trading needs time, determination, dedication, and
passion, and I added need to have a self-control especially if We use our emotion, when we do trade trade in the market. And always
buy altcoins that are on top listed in the market too.

of course they must learn first to be able to benefit from trading. and do not forget to still be able to give up losses from your investment. let's just say that is part of learning, and you will get the experience. start small.

you still have a luck because you still made a profit in your trading activity my friend
maybe for short term litecoin will be a good choice now, because in the near time litecoin halving event will be happend

its hard to gain like you mate, i think you're lucky because you have profit, because i cant even get a $ for my technique in trading. need to learn something new, and the most effective to gain much more.

Well its true
Especially when we look at the price of BTC

You gotta know that when BTC pump, most alts drop
Especially when you are trading pairs that are denominated with BTC
Like XRP/BTC, ETH/BTC
everything just gonna drop

Just wait till the Bitcoin cycle pass, Altcoin cycle will follow

on the current local bull run trading is easy, altcoins are showing nice trading patterns. Just take some basic technics and you are making good profits.

Trading is a very difficult task and requires experience. You can start learning how to trade by involving in sites that give you free crypto to learn how to trade. If you gain the experience, then you move on to other sites to use your own money.

yes it's not easy to do Crypto trading, there are many risks there so if you don't understand, you are easily exposed to risk.
but for those who are experienced they know how to trade well so they can use it.

Why do you only trade in ETH and LTC. Are not many altcoins able to get big profits. Try trading in a number of altcoins, because with that you can get profits from every increase in altcoin. And you must have a strategy in every altcoin that you trade.

We all going through the same situation like you. Because of the volatility of cryptocurrency, it will be harder to choose the right time for invest. And i also suffered from losing a lot because of this down trend. But i still believe that crypto will be back to its good price.

I think it is better to analyze the coin first. We should know how the coin behaves because we can determine if it is a good coin or not depending on its behavior. A good coin does not fluctuates with a very high range because it sticks on its original price as far at it can. We should choose a good coin for us to have a good trading experience.

if you feel the price movements are moving slowly now, then my advice is you have to increase your capital to increase the profit you get, when the price is stable, of course the risk will be lower right, so increasing capital is not something you need to worry about.

It's dependent on a number of factors such your knowledge of trading, the size of your capital because many a times you see people who want to turn $100 into $10,000 overnight.

Crypto trading is one of the difficult tasks especially when it is Day-trading  which is also done manually. It requires the trader to stayed glued to the PC 24/7 in order to know the market trend. Traders must also spend some time to study the coins suitable for trading within a particular period of time.

To get profit in crypto trading, you should have skills to determine the good price to buy and sell so you will have a chance to make a profit. But if you have fewer skills than the other people, I think you can make those profit as long as you can buy low and sell high and don't greedy. Your skills will improve if you can trade in every day and that will make you learn more about trading by analyzing the market so you can get better skills.

Its easy to take profit with trading because if you have much money you can easy to get little profit just few time, always buy some coin have higher volume and always active when price higher sell soon.

I can say yes it is hard to get profit from trading since I have no experience , and I try to learn about it.
But some people say not that hard .

I think  before you start anything, you need to analyse the coin first and know its worth. It needs skills and expertise to get profit in crypto trading.

I will say yes or no. Yes because its quite hard to get profit in crypto trading because if you don't know much about the coins, then its useless. You need to know the type of coin and no because you gain more profits when you trade in a high selling coin.

Being patient and open minded will help you to lessen your frustration in crypto trading especially for beginners. This world is volatile, its changing from time to time sometimes you feel success but of course its unavoidable to experience dismay.

Crypto trading is a different soil on its own. You have to acquire it by getting yourself trained, where your astuteness is also needed.
There are other accompanying requirements if you really want to succeed in trading. I call some of those requirements attributes.
When trading you should not be emotional else you might lose. Also you need to be very patient, which is an important attribute.

Everyone including the op says that crypto trading is hard but you are different from them because you think trading is easy if you have lots of capital ,well id say that capital plays a vital role but trading needs more than capital  . You need to be mentally , physically and technically focused but the problem is that most traders lack one of this good traits  . In order to become successful in trading you also need to be successful in mastering the three traits that I mentioned earlier .

be patient, because movements can change at any time and therefore we must focus on monitoring them to find out when the right time to profit.

trading will be difficult if you don't know a good strategy, because you have to move fast but be careful.

I think maybe there are several factors that make it difficult for you to get profit in crypto, maybe you don't choose good and potential crypto coins. I think many traders get profits from daily trading because they have good crypto. try to select good crypto and correct your error

My strategy is look for coin that has an incoming news amd buy it on a lower price it will be pump before or after the event so I must hold it, second I will look in the indicator once it was on a very dip I will buy it because every coin that has been down it goes up and third always look in the volume and indicator and candlestick pattern you will see if it was uptrend or downtrend.

if you wanna get profit from crypto trading, I’m sure that it needs an experience. Experiences from the past will lead you to make better decision when doing trading. You just need more time to learn about that and be patient.

Do not focus into two popular altcoin ethereum and litecoin, you can learn and do your monitoriing to other altcoins possible to give potential opportunity to get earn profits. There are a lot of potential altcoins we can choose.

Cryptocurrency is a market with very high price movements. This week the movement of Ethereum or Litecoin is depressed by the price of bitcoin continuing to rise but I'm sure when the price of bitcoin starts to stabilize, the price of ethereum or litecoin will rise

At this week ETH and LTC price some change or movement is not so much. I think this price is will be increase. I think full crypto market ar recover his bad time . I hope you get good profit..

Stop trading for a while? It's a good idea, but needs must be sustainable and continuous. I also see that many people leave quickly when they have benefited from one of the exchanges and switch to another exchange. Luckily those who took the opportunity, and today I lost $ 25. What do you think about ethereum prices now? Thanks umbara.

It is difficult or not to benefit from cryptocurrency depending on ourselves and also how we get it. because of course everyone has their own way to be able to benefit from cryptocurrency,and also here capital is very influential when we come without capital

Mate can you try again now that the market is rising? Trade need more time and patience, also don't forget that strategies is the key to make huge profit from trade and if you can imbibe this culture, be reassured that you will maximize huge profit before the decrease in the price of Bitcoin or cryptocurrency in general.

a capital is not the most important thing in this problem, because it's useless if you have big capital but you don't have the skills, it would be better just small capital but when you have good skills then with that small capital you can make a very good profit, think

it is nt hard to get profit in crypto trading only think is we should have discipline  in taking orders and making the right coins with fundamental strong news development may turn up positive

struggling. Will always been happening for everyone but we don't say with the struggles it will be really hard ones you got trained after sometime you will definitely say it will be easier for you and making the profit is also ECL them other type of money making field.

It's a bull time now . Now it is much easier to make money than it was half a year ago when the market was bearish. If you do not have enough experiencein crypto trading it could be more profitable for you to use "hodl" strategy . But don't forget about a stop-loss , it will save your money if market will decide to move in a wrong direction

It seems to me now the trade altcoins quite profitable. It is not necessary to buy Ethereum or litecoin, you can buy some less known coin, then the chance to get a good profit will be greater. But we must be careful in choosing.

Now there are a lot of interesting and perspective projects which can be bought and earned. But now I prefer to store BNB. BNB is one of the best decisions for investments because it is very popular as its storage gives the chance to get to IEO at the Binance exchange.

It is really hard to trade especially if the market is so bearish. It's more safe to hold than to trade but if you know all of your stuffs when trading then you're good. Just be smart at all times and be prepared.

Today ethereum prices continue to improve and move above the price of $ 310, probably in general due to the increase in the price of bitcoin which reached $ 11,000. I paused for a while in trading this week, and maybe there was a little regret but I thought this wasn't luck. Have you been actively trading in the past few months? I want to know how much profit you get in each week. Thanks.

Some experts do short trading. So a bear market is not a problem for them for short term ofcourse. They can read hourly charts like 1hr or 4hr to predict the price movement and plan their trades. I guess the OP has still a long way to go before he can do well in both market situations.

This depends on how you take from the profits. if you are a person who invests in a short term and looks at the charts every week it might be a good advantage. Try to invest some types of coins with a fairly long period of time.

I guess you have to change the strategy. I personally also trade on Ethereum but have not made a profit yet. I see that Bitcoin is up very fast and I recommend to buy BCD, BSV, and BCH. This coin will grow following Bitcoin. So to generate profit also fast.

Times may be hard right now, but hopefully,  the hard times will not last. I'll advice short term tradings at this point in time, so no one get stucked. And with short term tradings if things dont turn out well, a new opportunity to trade will be available soonest, unlike when one is into long term trading.

if you do nothing, then of course nothing happens.  Of course it's difficult, but if you try, you can earn money.  And if you have experience and some knowledge, you can really abandon the main work.  But the choice is yours to develop or not.