Bitcoin Forum

If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?

If you're fairly average or risk averse. I'd use an example of doing 2 trades and make 2% on both a week. Reinvesting profits would make you ~$1700 on your $10k over the month.

It might be useful to paper trade for a few trades and also determine how risky they are before entering. Youd likely want a stop loss so that your loss is no more than double the potential profit you'd make.

Trading in it's entirety(not only with bitcoin and cryptocurrencies) is one of those ways of making money whereas you have unlimited upside, but at the same time, the downside is unlimited as well. Yes, even with only $10,000. Leverage is a "wonderful" thing that could either make you rich or could make you homeless in no time.

It depends on a lot of things, you could make a lot of profit and also, you could even lose your capital.
Let's start:
Imagine you bought DOGE coin immediately once Elon Musk tweeted that it's the best coin to invest in. You could easily profit at least 500% of your capital, i.e. you would turn $1000 into $5000. Then, if you have bought a FUN token, you would profit 20%, i.e. you would turn $5000 into $6000. Then, if you would read a news about how Tesla invested money in bitcoins and would buy them today some hours ago at 38K USD and sell them even right now, you would profit at least 12%, i.e. your $6000 would be $6720.

But I guess you didn't do any of this. Personally, I didn't bought DOGE coin but bought fun token, got 20% profit and bought bitcoins today when price was 38K and got good profit. I wouldn't say that I am smart in trading, no, it's not a thing that I do, I just sometimes trade and when I trade, I just try to catch good moments, not every moment.

So, today was a great and lucky day for me.

Just enjoy the bull market by buying cheap coins and then wait. You will profit when you only do on BTC/USDT that is for sure. It could be a lot or less than $50. This is already good than losing your money on Leverage trading. Once the market goes against your bet price, it amplifies your loss and its a very harsh market.

It's totally different if you're a full-time trader compared to investment for the long term.  You're very lucky if you bought Bitcoin back then when the price was $6k, it will be folded so many times your profit.

That's good enough to play the market with, you can choose different cheap altcoins to invest but of course, it's more likely risky than holding your Bitcoin and wait until when it will be doubled the price.

A bull market is the true happiness of most holders but if you're planning to invest, it might need perfect timing because every now and then, there will be a short correction.

The problem is that we do not know what you mean by realistically, everything will depend on the risk level that you are willing to accept, obviously the bigger the risk the bigger the reward but this will also increase the size of your losses, and there are systems in which a single loss can be devastating, I will say that with a very low risk strategy and using no leverage earning 30% per year is possible with bitcoin, and if you are patient this is more than enough to make you wealthy over the long term.

Lots of things should be consider it first before seeing on how much profit you would make.
-Amount that you had risk up on said position
-The time you did make out sell or even buying some
-How well you do trade and setting % take profit or having that stop loss.

Everything isnt guaranteed when you do trade.I cant imagine nor presume on how much money you do make on monthly basis on having that 10k capital
into your hands because it will definitely vary on how well you do trade as i mentioned earlier.

Even you set amount it doesn’t guarantee that there will be profit if it will only be in BTC, most traders earn by trading their money in btc to other altcoins to another, it’s risky but that’s how others really able to earn since BTC is not always going up, maybe now the status shows potential for more growth but it can still affect some factor along the way. It will be better to really learn how to trade, try it first with less money just for the part of studying how to really trade and by that time only we can determine how to earn when we really know how to trade.

It all boils down to 2 things.....

1. Risk appetite: if you are risking 10% of your entire capital on one trade, you are probably going to make more than someone who risk just 2%.... there's a downside to that, as it will only take 10 loosing trades to wipe out your account... there's no room for recovery....  advice   living to fight another day is the key to successful trading.

2. Frequency of trading: let's say your strategy gives a 1:2 risk to reward ratio, if each time you win you get $20 and each time you lose, you lose $10......
and your winning rate is 50%... it will take you a hundred trades to make you $500.... I hope you find that helpful

A higher volatility means more fluctuations on the profit-loss sheet, it is hard to make money for long term trading. Short term trading is more profitable to trade in volatile markets, just catching 15 minute small trends on lower timeframes can boost the balance. Taking 1:2 risky trades will lead to %10 per month profit for short term trading, in my opinion. Short term trading carries the most risks, be careful if you don't know what you are doing in trading volatile crypto markets.

Exactly and you have a good point, aside from those posts above are right. Profit will not have a guarantee that it will have while you are in trading, it is always exposed to risk, and that will I guess the reason why there are too many traders I have known who quit in trading because they experience a massive loss due to lack of knowledge.

So there's no way to determine your profit because as what OP said, bitcoin is very volatile and OP was right about this.

There's no specific profit you can get within a month. Everything has a chance, 100%, and -100%.

Crypto-market is too volatile that even how strong a current bull run is, it can crash the next day. Why not just focus on a strategy that will make your trades gives you good profits without thinking of what will be your profit in a month. You will just stress yourself if you expect too much.

Like I said in the other thread, don't set a target profit for a month as we can't calculate it. We can't just say an example figure here as we have different ways to trades.  Doing full time, you should get a good profit whether the market is good or bad. Just do your best to make winning trades regularly.

BTC is currently on a big pump right now so if that continues, you can bet you have a good profit within one month of trading even just by holding.

What are your plans? Day-trade or just holding? Even you are doing full time, there will be a time that you will hold mostly at a time.

One of a very few traders know the power of holding, and when it comes to futures trading, I came to know a trader who did 20x in just one day when XRP broke down from its high this year. Leverage was high but that trader managed to short it from an area where it was bound to break down from. If you can find such trades in btc which looks highly possible, you can also make at least 100% profit on your investment monthly with low risk strategy.

Depends on your trading skills I guess but since the market is on the uptrend and its more good to trade right now, considering your capital you can easily take profit of $1000 a month. This can be your lowest profit, and if you are into trading and wants to do a full time trade then expect to double your money on a short period of time.

I don't think there's a limit, even realistically speaking tbh. Trading is quite similar to gambling in how you can go rich or go home in just a single instance of an event, and you can't even manipulate the process of the event hence most of the time it's just up to luck. Even if you only start a set amount, it's still quite possible to profit quite a lot in a month depending on how your trading goes. I'd actually think it's a lot more easier to just say that you could lose your entire budget in a month in trading rather than calculate how much profit you can get on trading.

We can't have a precise calculation on the revenue through trading for the following reasons.

1. The trading revenue depends upon the capital investment.
2. Market fluctuation of the asset that's been chosen for trading.
3. The market is manipulative, so predictions can be outlawed.
4. Some state it as gambling, but here we can minimise the loss which isn't possible with gambling.
5. Experience to trade during the uptrend and downtrend of the market.

I would go with a percentage of your Account.

Short term: with high risk: more than 50% is possible

Long term: with serious money management rules and not more than 1 or 2 trades a day, I'say 10-30% a month is more than good. Sounds like its not much, but do the math to see where you are in 3-4 years if you can continuously make 10-15% a month, trading BTCUSD (https://de.tradingview.com/symbols/BTCUSD/).

I know that you are "new in trading" and you have been around for few months only, but those are not realistic numbers at all, you have to know that. Sure since October we have been in a bull run so making 10-50% type of returns monthly were possible, you could definitely reach those numbers in these last months, but that is not really the case in most situations, only in bull markets.

It means if you are not in a bull market, doesn't need to even be a bear market, you will end up losing a lot of money, and if it is in bear market you are going to end up losing even more money, at least with the way you think. You have to realize there is no "sustainable" amount of money you could make per month, in crypto you sometimes make 100%+ profit a month and sometimes you lose 50% of your money, and all could happen in blink of an eye, that is why I think you should probably realize that going into high risk stuff is not sustainable in the long term.

There's no specific amount or earning for a full time trader because things will depend on our skills and how we deal with the market. Ever market situation is actually profitable if we know how to take advantage of it. Having enough skills in trading especially in technical analysis would be the basis of your daily or monthly earning.

It depends with which capital you start and also from the time you start. Starting trading this year you would make much more money then normal times. And if you get really good at it only the sky is the limit.

Leverage haha... You quite understand leverage, very risky to rely on. Leveraging an account especially high leverage of 1-500 could be a high risk.

For OP 10,000, I think plotting for a 10% profit in a month is moderate enough for a professional trader.

If you want to become a full time trader you must have good trading knowledge too, it is not enough to have large capital. Because if you don't have
good trading knowledge, it is very likely that your capital will run out like dust. So think carefully before deciding to become full time traders.
Regarding profit, it should be if trading every day can generate a profit of 20% per month.

It depends on a couple of factors so we can only give estimates - assuming all trades go our way or at the very least, get nice win rate with decent risk management to go along with it. From the details you gave, I'd say profiting 1% per day results in $100 daily. Multiply that by 30 days and you'd have $3K per month as profit. Doesn't seem like much but that's actually a 30% increase from the starting capital. That's a viable value and shouldn't be too hard to hit especially when back by a solid trading plan. Bitcoin makes 1-2% percent moves to the upside almost every other day. What's important is taking advantage of those moves when they happen.

OP must have to clear your target profit every day. This is very important for you to be guided.

Having a capital of $10,000 as OP mentioned was big already. If he gonna play it right, if he is good in trading, he can possibly get big returns. 1-2% daily profit, it was big enough for me. That can be increased depending on the market situation and that also how you respond to it.

Well I agree to an extend. As I wrote I'say 10-30% a month is more than good. I did not say its easy. Imho, 10% a month is a great result. There will be month with only +2/3 % and even months with a loss.

I assume you are hodling, not trading, right? If you trade, you can sell in bear markets and still make profits. If you hodl, you dont make money at all, as you only sit on your BTCUSD (https://de.tradingview.com/symbols/BTCUSD/) and not do anything with it. Thats not a bad thing, dont get me wrong! As a trader, I try to go where money goes to then make profits. My trading Mindset is totally different from my hodling mindset.
In trading, I dont risk more than 0,5-1% of my trading account per trade. I always take partial wins and I close the trade if it does not go in my direction. Following these rules, my account grew in the past months. My hodling account is a different thing, it may go up, it may go down, I dont really look at it. I will look at it in a few years and see where it went.

So I partially agree with you.

The amount of capital doesn't matter, it will fully depends on the Trader's capability and talent in Trading, second, it will depends of course on the market situation and what kind of Trading he will do. But a beginner would roughly make just the $10,000 a $100 in a month, depends on how much leverage and bet he will put every trade.

But for a normal Trader, I would day they would make a 40% winning chances and the rest is all losses, nonetheless, it is all work the risk in order to gain knowledge from experience.

In crypto, if you got your eyes peeled on most of the daily action and price swings, you can potentially make 2-10% per day depending on how fast you execute your trades and how careful you are when doing so. I have some good runs in trading wherein I walked away 10% richer, and had bad beats losing most of my capital in an hour or so. There isn't any definite percentage of profits or losses you can get from trading, as it's literally on your calls and your strategy to try and make a profit.

If I'm going to make gain 2-10% (which is possible), I could see myself being rich in just a year of trading. But why many traders have failed? I suppose to think that they wanted to get rich from here? There is one reason why it happens to me, why got tired of trading because of their capital. We can expect a huge return if we just having $100 as a capital.

*Huge capital
*Effective trading strategy
*Plan

I believe these things could help to reach what wanted to happen in the future and this 2-10% daily profit will come to reality.

This is right! These are the factors that mainly affect someones profitability in a months trading.It will really vary or depend on how much capital you had put in
and how well you do trade in the market.Also, there are chances that even small capital will able to make it big basing off if he do make out compounding
plus having some good trades in the end of the day. Traders can be classified in 2 types neither a short term one or long term one.
Decisions would be made basing off into their initial goals or plans in the first place.

Using 2% on a trade and compounding your daily profits is the best bet towards a reasonable amount of profits monthly provided that you have a good trading strategy and sound money management however if you decided to buy a coin at low and waiting for it to pump requires DYOR which is also risky if a wrong choice was bought, Making a profits of $2K from an investment of $10K is reasonable coupled with compounding will bring you massive profits in along run however some losses will definitely be incurred.

Lets do the math here:

1.5% account gain per day, for 365 days in a row, what you claim to be easily possible. We start with 10k. After 365 days without withdrawal, your account would be at 2,291,423.81 $.

Check it here:
https://www.thecalculatorsite.com/finance/calculators/daily-compound-interest.php

Not sure if this is realistic... If so, then I am sure everyone in here is stinky rich and no one here has a regular job anymore.

0.5% a day would still bring your account from 10k to 61,746.53$

and your whopping 10% a day... from 10k to 12,833,055,803,133,532,160.00 $ in only 365 days. Only from trading your BTCUSD (https://de.tradingview.com/symbols/BTCUSD/) Not sure if/how realistic this is...

With this amount I advice to diversify it either so that you will not have a massive losses if bitcoin dips or crashes the next few weeks, or you may do some scalping every 10% growth out of $10,000 is good actually around $1000 gain in every week is enough or $4000 per month. But I am not really sure though because  market is very volatile we can exclude the fact that even though we know that we are in alt season still we don't know how long it will take same as to bitcoin bull run.

It is not possible to draw a line for how much you could make a month with crypto trading, it depends on your skills, decision-making ability, market movement, and importantly luck. Well 5 to 10% return per month is a possible target if the play with their capital in a right manner like setting stop loss to prevent from huge losses and utilizes every movement with stable coin pair, etc.

Easy to do math if only our expected direction will go smoothly which is not the case here.

Don't think about the profits yet. Hard to give numbers wherein we don't know what will happen in the future. Lots of happenings, good or bad can happen even within less than a week so how about for a month. Just do your best to take profits and manage your trades properly. Don't expect much and that's more realistic compare to expecting good returns on a monthly fixed term.

It depends on which market we are talking about, earning 10% per year in the stock market will make you a hero and I can assure you that many people will try to get you to invest for them if you were able to pull off those results consistently over the years, in the market of cryptocurrencies the volatility is a lot higher so there is more potential here to obtain profits but still your goals need to be realistic otherwise instead of earning money you are going to lose it at an alarming rate.

Realistically you can make anything from zero to 10x of the capital.

Newbies traders who enter the market without proper groundwork on trading and how these market operate are more eligible to go with the zero profit scheme. :D

I appreciate your enthusiasm but that is what is going to drag you down as well. Full-time trading? Not for the average user who has entered the crypto sphere recently and got pumped up seeing some shill youtube videos about trading.

One of the biggest things that can help you is patience for watching the market and knowing when to buy and when to sell. Currently the price is high and Elon-musked high. ;D Hence this is the time to sell NOT buy. In other words, wrong time to enter the market.

Read past charts and observe the support levels. Dont just buy thinking this is going up and this is not. Indicators and all are only markers, not absolute of the trend.

Everything, of course, depends on your deposit, if your initial deposit is from 1000 dollars, then you can double this amount in a month, and it also depends on the market, at the moment it is best to go to the exchange to earn money.

Despite the fact that we all love bitcoin and ethereum, altcoins bring a really big profit. But your income will be directly related to how you correctly determine the coin to invest in. There are some coins that showed an increase in the price of hundreds of percent per month, and there are those that brought only a loss to their owners. Which side you end up on is up to you.

From my own experience, I can say that I can earn almost 40-60% profit in trading based on month trading. It already proved for me that I had earned that amount almost 4 months and still I am involved with trading and this bullish market helped me a lot to make it more. Please use your own brain with others signals which you followed or maybe followed.

Well, the net a month will vary depending on the market situation like in this current market where everything is performing well or in a trend I'd say you will get a pretty decent amount, can't exactly tell the numbers because it will also depend on the coin you are going to invest with. The net profit could also vary depending on your trade performance because not all the time you will take profit. But at least try to get a target profit a day and don't be greedy in that way you could even get 50% or more if you execute your trade very well.

You can get like two to five percent daily and going by that you will be having not less than thirty percent by the end of the month. But, you will have to know how to and also make use of the right tool, like the stop loss tool, which can be very helpful if you are to use it the right way.

It’s not just about getting tools to make use of, you also need to understand how those tools works because if you don’t understand how the tools works you’re not going to be able to use the right way and make profit. The stop loss tool has to be set the right way, you have to make sure that the loss you’re encountering is not more than the profit you’re going for ,because when the loss is too much more than the profit, you will be gaining nothing. Although I have seen people who claim they are really good that they don’t have to make use of these tools. But that’s left for them, they should decide for themselves.

I do agree that newbies trying to go from zero to 10x is really weird, first of all the idea of "zero to 10x" literally means zero, because 0x14 is still zero. Whereas going from 100 bucks to 1400 bucks for example is a valid thing and many newbies who are young do not even have that, everyone thinks "even a kid has 100 bucks" but that is USA or UK or places like that, I remember when I was a kid and I survived with only few bucks a day, that is how you do in third world countries.

Long story short becoming a very well trader that does 10x requires you to be amazing and give all you got as well, if you end up not being any good at all, do not be shocked at first because when you first start you will not be great and eventually you will get better and better. My first trades were horrible, but my latest ones made me a lot of money, you just get better over time.

In the current market situation where almost every altcoin is going up you can make a lot of profit, minimum 2x-3x on monthly basis. But this ratio of the profit making will decrease in bear market and at times you won't be able to make any profit. I would not recommend you to do full time trading with only capital of 10,000$.

Exactly, I would had just suggested investing, you have a capital of $10,000 that can easily turn $100,000 in matter of weeks or approximately one month. The altcoins are giving great return of investment at the very moment. You can take advantage of this and be very quick in taking profit, don't get attached as nobody know when the crash will come by.

Obviously a large allocation should be given to bitcoin then some $1000 capital can be invested in selective coins especially those with strong fundamentals and have the support of the community. Most of those coins can be found on binance, while most of them have already been hyped some are yet to moon.

DeFi coins are also doing quite well but just like last time, if you'll be picking interest in them, you should be very cautious as the hacks are still coming in, causinytge price that crash within minutes.

This is the year where you can make good returns by altcoin trading. I am also involved in trading and making some nice gains. However as many altcoins are pumping 30-50% daily, its time to be cautious and do get over confident. Trade carefully and keep on taking profits on the way.

With a $10,000 starting capital, as a noob I will probably lose half of it even before one month  ;D so most likely I will get into copy trading and probably will make an average of $100-200 a month taking all average of net loss and profit? But, if we don't keep the crypto volatility constant because the main motive of trading is to gain from miraculous growth by researching on market predictions beforehand, or if I just left that amount in holding, it would be at least 3 times now if it was left in Bitcoin and if it was in doge, I would probably have around $80,000 ;D which is on average $5000 a month :D

Having a trading capital of $ 10,000 is very large in my opinion. Because I am currently only trading with a capital of $ 1500. If you can analyze
Bitcoin movements correctly, I think with a capital of $ 10,000 can make a profit of about $ 500 - $ 1000 in a month. This is a very large amount of
profit in my opinion, compared to if you invest in a bank, which only gives you 6% a year profit. Therefore, now many institutions are aware that
investing in Bitcoin is more profitable than investing in other assets.

A lot plays a role in how much one can make through trading. Ranging from your experience in the field, your capital, trading strategy and if your either a long term trader. It all defines how much acquainted you are to the field and how much you could make depending on these elements of your trading. But on a normal scale to an average day trader, making as much as $15-20 daily is enough if you can arrive at such result with your expertise. But then, you can't always win on your trades so, it could be less at times too and it's still a good thing so long as the week's ground total often ends in profit for you. Then your doing great.

Trading is mostly losing than winning, and it is the truth that is very hard to swallow, though through experience, we can reverse this.

Given by the OP statement, and only a month of day trading, you will prolly get about 10-20% of your overall capital as:

1. You won't trade all 10,000$ in one coin, so even if you've invest in doge, pretty much you only invested somehow 2-3k of the capital in it
2. Some of your trades will results to a loss, thus decreasing what you might gain in some other trades.

Maybe you are right saying trading is mostly in losing but you can take it back if you never quit. I may not so lucky this time, but maybe it changes by tomorrow. That is all about and we can make all the times in winning, but sometimes we experience losses as well.

Many traders did not continue in trading because they find themselves out from it. And of course, he can't take back their losses for that leaving. And if OP is already prepared for this, backup with knowledge, I think he can do it. He can probably make a 10-20% profit or even more depending on his capabilities and his chosen coins to trade.

Why doge amigo? Because it got pumped up by Musk? I would not suggest such an altcoin to be bought for a newbie.

The FOMO with DOGE is pretty clear now. Although the DOGE price tanked a bit, people might still be willing to buy it. Nevertheless, instead of getting a profit, they might be at a loss already if they are caught in the middle of selling it and holding it. DOGE does not have any technological development of its own so it lack the possibility of growth.

I would say MrMusk made a fool of the crypto people by selling it on their heads after pumping it. ;D The only thing one can suggest is bitcoin but of course not at this price.

Actually being realistic one how much a certain individual can possibly attain during one month straight trading is still dependable on how he certainly do his trade because we do have different ways on doing our trading and different budget of course for the capital to start with as well the coins we choose to trade so the results will be hard to be stated because there are certain things that are dependable making it real hard to tell how much someone do on trading. It can be small or big like $5,000-$10,000 per month on average just base on what I think it can be possible but I guess others will be smaller or be bigger than that.

5k to 10k is nothing if you got in with a million dollars, it is a huge ton of money if you got in with 100 dollars, so it is not about the amount but it is about the % you make in trading. I believe during bull months it is easy to make 100% per month and everyone seems to think I am crazy to think making 100% is possible per month but I am talking about only the past 5-6 months for example, not generally.

But on bear months you could literally drop 90% in value as well,  your million dollars could become 100k or your 1k could become 100 dollars, that is all possible if you want to trade in the bear market, I remember people leaving with 50% loss in a single day. So, that is why it all depends on the moment and not the trader that much, sure being a good trader is important but knowing when to trade is a lot more important.

I would not count on profit on a monthly basis. I think it is wise to plan your trade for longer periods. Such periods could be one year or even several years. Plus, your profit is highly dependent on what kind of market is right now. Now the market is bullish and we can look forward to a larger profit than during the bear market. But still, even in a bull market, no one guarantees you profit. Even in a bull market, you can lose all your profits. People who take out loans to trade or use margin trading often lose everything. They trade in a bull market though. It’s a paradox, but it’s true.

Not all would really be having that kind of mindset or target goals for them to take profit in a years or several years time.We can classify two types of traders which are those for long terms

and those are just for short terms which means active trading is there where you do get involved with the market in days time for you to make some move.When it comes to profits

then we do have our own target or we had been set out neither 10% or even more and some do even set out those unrealistic but sooner or later they would really able to realize
that trading isnt really an easy thing. Generally in talking about being realistic then theres no such thing about precise or constant monthly gains,
it will always vary on how you do well in playing out the market and also that market price condition is always a great factor that can affect someones profitability.

There was an article that I read that 97% of the traders who do short-term lose money on their first month of trading while the remaining 3% earn as much as a bank teller.¹

The problem with trading is you need a relatively large amount of capital if you want to increase your chances of earning. In addition, trading is a skill that MUST be sharpen through experience and time. No matter how many times you read an actual book or watch videos about techniques on trading, without actual and personal experience, you will never grasp the actuality of trading.

---

¹ https://www.informedfinancials.com/2020/12/29/is-day-trading-for-a-living-your-dream-job-get-another-one-study-says-97-of-day-traders-lose-money/

In fact, realistic income depends on how we ourselves manage the funds we trade. If it is for full time it is more precisely to invest. Realistic results are sometimes not as expected, but by the way we manage it well, we can make a profit. By paying attention, the news that is happening or from the market place with all the risks.

Examples like this,

you have $ 100 and you want to spend it all to buy bitcoin, so when the current bitcoin price rises 50%, you will get bitcoin for 0.0030 BTC or the same as $ 150, here you have made a profit, but you know that the price will go down the following week. It all goes back to your choice, holding it to wait for the price to rise again, or selling it as a whole, or selling it 75% of the total raised and holding the rest to be used as the next asset. Here you can also buy bitcoins in smaller amounts according to your needs.

Im curious but what percentage of trades win/lose when you count everybody including those who daytrade for a living?  Because it seem like people say almost everyone who isn't a full time trader is losing?  I find this hard to believe especially when all prices are going up.  I assume its when the prices drop, then people lose?  But then again how do they lose unless they sell?

Candidly speaking there is no fixed or even rough figure as of how much one can earn with a given amount for trading because it all depends on what decisions you take like which coins you trade and if you are only trading Bitcoins lets say and price trading is the only option then there are still number of factors like what is your risk appetite and how much you are willing to use into each trade.

You cannot buy bitcoins with all the 10k you have for trading because if you do that, you might have to wait months in case the price drops and hence a number of factors will decide how much you can earn. The best strategy one can implement though is just buy and hold the coins because its been years and that seem like the easiest yet most effective strategy.

Trading BTC (https://trade.kucoin.com/BTC-USDT) with just $1k gives me atleas 10-30 usd a day which isnt really that impressive given that it is just a side hustle of mine since i do my everyday work facing a computer. Bought a second cheap monitor just to see the charts and do arbitraging while doing other stuff

Earning 40-60% is gigantic considering you were not lucky and actually had the tools and brain to earn that profit within a month. You can easily double your money within 2 months and in a few years that number might be big enough to blow our minds, so make sure you are actually earning that much or is it just a feeling that you can earn that much. I often feel like I could have earned millions had I purchased Bitcoins in 2011 but that didn't happen.

I would never recommend following any signals from anyone and surprised you are saying that because you seem like a decent trader earning 40% ROI on the capital.

I think there are some places that actually give you a decent return right now for your money as well, so you could not trade your money and just keep it and still make more of it as well. Obviously this is not going to be that challenging when you consider how much you would need monthly to actually make it worthwhile but its bitcoin interest do not forget that, it might look small but the reality is that that small amount actually becomes huge when bitcoin price goes up.

There are some places that offer interests but that are centralized places and do not get closer to them, they could steal your money and that is not something you want the risk of, I would pick the decentralized places because they are a lot better and they can't scam you.

And it would require some next level anticipation to actually invest into dogecoins because it was suddenly being pumped by Elon Musk without any prior notice or anything like that and if there was any trade who anticipated that dogecoin will be pumped, they deserve the best trader of the year award already.

I would say one can keep the 10k in margin account and actually use leverage to get more funds and invest during a bull run, like you said about doge so one can see when the market is going up they can borrow money (leverage) and buy more than what you would normally with the capital. The risk is always there though so while I am suggesting it, I don't know if it would work.

As long you would see greens then that would be considered good. Success can really be seen if you are really indeed gaining on what you are doing specially on trading.

Profit taking might vary or differ on each individual because we do have different situations in life where we do need to sell off for conversion to fiat or simply decide to hold

for future possible profits or if you aren't still needing some cash or money. 5-10% on your capital is realistic but eventually you can go past into these gain percentage if
you are really doing well into this market.

It is true that you can earn that much with day trading, however there is a difference between being capable of earning that and actually earning that consistently, because I can assure you even if that amount of money doesn't seem to be really that big if someone was able to pull off that consistently every single day then that person regardless of what kind of capital he had at the start of his journey he will become incredibly wealthy in just a few years and yet that is not something common we see in the markets.

Profiting 30 USD with 1k ain't that bad daily. Because that is like 3% returns on your investment and that too daily, which means within a month you can double your actual investment. If you are actually this good and don't mind sharing please tell us how you actually do it, because I tried price trading but can't really manage to do it much.

Sometimes when the price is falling it will just keep falling down and when its rising it rises for days and I do not get chance to actually earn much. How much is the difference at which you trade. I mean like if the current price is $50k for example so do you buy and sell at $49.9k and $50.1k respectively? I would really love to know how you trade if you want to share.

Two things are important in trading. Don't panic at any moment. When the price increased to some high. Don't sell to get a less profit. Instead hold and get huge profit from it. Secondly don't buy when the price increase to the high value.

That needs hard work and patience. Earning about 10-30usd a day requires patience and careful analysis of the market. And if you will do this everyday, that's a tedious job to dedicate with but yes, it is possible. You really need to keep an eye on the market. He is just applying the simple rule of trading - buy low, sell high. That means, selling his btc higher than what he bought. Hard to give numbers here.

Let's you make $20 on average since the range you gave is between $10 - $30. If you multiply your daily profit by the number of days we have in a month, it returns about $600 (representing over 60%) in profits off your $1000 trading capital. It's a decent reward if you ask me. But if you think it's too small, you can try compounding it. This way, your capital gets increased at the end of every month. It might seem small at first but when you start compounding it for several months, you'd be surprised.

You don't have to pump 100% of your profits back into the market. It depends on your strategy. 10%, 20%, 15%? It depends on what works best for you. You don't even need to put back profits; you just have to be consistent.

When I was day-trading, I just made up around 5% of what I invested because I was still a newbie to trading. It is a bit of different measurement for me when we talk about how much I got as a net when it comes to long-term trading or hodl.
Price is quite unstable anyway, so let me precisely say that it was around 5-10%.

In my opinion judging from the current season we're in, that's too poor for me which is why alts are the best bet currently for trading. You can just keep buying bitcoin and hold while you trade alts. You should stay away from the bitcoin trading pairs though since bitcoin is on a upward trends, this can see your trades in losses within minutes assuming if you're trading against bitcoin but that's not the chase with fiats.

While the trading pairs of bitcoin could be in losses that of fiats might be positive. Alts could easily give you from 30% to 50% and on some specific days above the 50% market if your return if investment. With that estimated, you can easily make 1000% and above profit in a matter of month if you're actively trading.

That means with a capital of $1k you should be having around $9k at the end of the month. This is very possible to achieve but you should know, with high rewards comes high risk.

It depends upon which coins do you buy and at what price. These days all the coins give some returns but for maximum return you need to select not only good projects but also trending projects like defi. No one can tell you how much can you earn as it alsi depends upon your strategy and the  risk which you are willing to trade.
If you are willing to take risk, you can make a lot of quick money in futures but you can lose money too .

And after such a correction, we can expect the establishment of a new ATH. And if the price is very much reduced, as happened today with bitcoin, when its price fell by 8%, then those who used the margin with a large leverage received liquidation for their deposits.

Bitcoin price is unpredictable. When I bought my coins with $10,000k December second 2020 at low price to hold for the price of bitcoin to increase higher before I can sell. When I released them to market February second when the price hit  $40k in the market, within the two months I could able to make 3% as a monthly profit.
Now that many researchers are saying that bitcoin price will soon dump because the price is no longer stable as usual in the market. It will be under probability for any trader to earn something good within a month.

That is in fact only 0.3% per day which is a little bit more than 10% per month if it is compounded daily which is not bad, many look at something like that and think it is too little money but that is only because you are using only 1k, if you increased your capital and you were still able to get 0.3% per day then you will get a lot more profits, but people simply have expectations that are too high when it comes to their own performance and that is when they take risks that are too high and they make mistakes of which it is impossible to recover.

How did you manage to make only 1000 dollars a month with 10k if you started in the last year? Dude is saying that you started at when bitcoin is 6k and you trade until now, with 10k, that means even if you only bought bitcoin and did absolutely nothing else you did more than 5x return which is 40k in total and that makes it over 4k per month as well. That is of course when bitcoin was 6k and not starting from right now to next year because that would be absolutely unknown.

I have made a great return and I can tell you that 1k per month would be super simple if every month was like the last year but reality is that we are going to have a huge crash very soon, and that will end up with people finally losing money and it will take years until we recover as well. Let's hope that people get out early so that they wouldn't lose too much money.

You will benefit when you just do on BTC/USDT that is without a doubt. This is now acceptable than losing your cash on Leverage exchanging. I will say that with a generally safe technique and utilizing no influence procuring 30% each year is conceivable with bitcoin, and in the event that you show restraint this is all that anyone could need to make you rich over the long haul.

In any other market 30% per year will be too much but here in the market of cryptocurrencies that is a realistic expectation, many people think on getting 5x, 10x, or even 100x and while some individuals are able to get something like that they are an exception, in order for someone to get those kind of profits then you need to have hundreds of people losing their money and you do not want to be one of them which means that you need to be very conservative and protect your capital at all costs.

It depends with which capital you start and also from the time you start.it depends on how much leverage and bet you will put every trade.

I think first of all, it depends on how knowledgeable you are with the crypto market and trading over all, ten thousand dollars isn't a small amount to play around with, so if it happens you know what you are doing, you are likely to make nothing less than one thousand dollar every month which I believe is a lot of money as well, most companies outside crypto don't pay close to that amount as salaries mostly in the third world countries.

There is an uproar about Doge Coin in this forum before Elon Musk talks about it. I even heard it and just leave it at bay as I'm still studying at that time burried in activities and problem sets so it is not impossible for people to anticipate it.

Could you please help me understand what calculations made you suggest that $1k is the maximum possible profit with $10k investment? Like OP said if one plays only with the BTC price movement, then he would have easily made a lot more and if someone is trading altcoins there is actually no limit how much one can earn and lose.

Leverage trading was made for people who want to try their hands at trading but starting with small capital although want to trade big, so they take money on leverage and start their trading and see if they can survive.

Someone who has enough funds should never even think of leverage trading. The term "leverage" sounds good but its basically borrowing money by putting your assets on collateral.