Bitcoin Forum

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

I would imagine that in order to generate such amounts per day, you would need a decent amount to start with. Do you have that?

But assuming that you do, the market is very volatile. You can't simply use a grid bot, or follow a certain strategy and expect money to keep flowing. So if you don't know what you're doing, daytrading is probably something you should stay away from.

I have funds to start with and i saw there are people who are earning a good amount of money from spot trading. Forget about day trading, is that even possible to generate 100$ weekly from spot trading with minimal risk? I would like to know how many among us generating this type of figure from the crypto market and what methods they are using to do that. Also how they manage their risk and reward ratio.

I don't think that's a good idea. I believe in HOLDING. Long-term investments are the best because if you have enough knowledge about the market and how it works, you can surely gain a lot of profit. If you can analyze the history of a coin and how it has behaved for the last 5 or 10 years, you can surely predict whether it will go up or down. Not always, but most of the time.
On short-term trading, there are many things like bots, AI trading, and up-down signal groups. But I think they are all scams. I have tried several times. Failed miserably. 

Yes, that's very likely to earn that much in trading if you've got a bigger capital. I'd just say that it's possible but making it in actuality is where the real challenge starts. I don't know how many mistakes you'll have to make for you to make that amount that you're targeting.
Here's a piece of tip, most of the people that are day trading are getting rekt. Now, that's the reality that has to be taken into consideration if you've got that plans of making that much daily in trading. It sounds easy but it isn't and once you're able to make that then you can consider yourself a legend.

It depends on your total invested amount and your ability to make good trades. Don't take trading as a primary income source. It is not what you think it is. And trading is not for everyone. Just because some other people are making profits from trading does not mean that you can do the same as well. One's loss is another's profit. So as long as people are making losses, people on the other side will make profits. And those who are making profits today will also lose someday. So keep in mind that anything could happen in the market at any time. And the amount you are talking about daily and weekly can be achieved by future trading or a huge amount if you want it from the spot trading.

Most projects don't even survive that long and dude if you are not a holder you do not know how boring it is to hold a 3 long year with 2 years of continuous bear market and one year of sideway market. In this long period of time market gave us a lot of speculative chances to get some profits with short-term trades but i was not able to take it because of my lack of knowledge about the proper way to do that. I came here to learn from someone who might be generous enough to help me regarding that.


90% of people do fail to make any profits from trading but there are still 10% who do make profits. I want to be in that 10% and I am not a newbie in this sector. I just need some guidance to find my way to do that. I just want to hear how other are doing it so that i can improve my own strategy.

There's always a possible but there's no guarantee since we are talking about here a short timeframe trading on a volatile asset. You will need a huge capital in able to have this kind of target profit with minimal risk or else use futures trading with increase leverage if you want low capital but high risk.

Indicators is not that helpful when use on short time frame because the signal it gives can be easily invalidate once someone sell or buy in huge amount. Using candle stick pattern works for me on scalping but It's very hard to be consistent on this kind of trade. Just stick your current strategy since it's already working to you. Just increase your capital if you want more gain on your long term investment.

Mate you can earn as low as $1 per day to as high as $999,999 per day; just like how sky is also the limit when in business. It’s just going to depend on how good you actually are and how much money you’re willing to risk.

Daily income from day trading is possible if you know how to analyze the market and become an expert in trading. But to make $50-$100 daily profit from spot you need to trade at least with $5000. Otherwise you will not be able to make such earning daily but crypto trading never guarantees profit so no one can guarantee that you will make profit every day.  You can lose a single day and the losses can be big. However, crypto trading requires the ability to take risks

The amount of capital to start a trading is not really the issue because if you know your charts and analysis you can gradually build your capital to the range where your $50/$100 daily target will not cause panic on your account but the major issue is doing it to work that out. You are a hodler and obviously you don't know anything in trading like you didn't say that. Asking what method is a misplaced question because it is assumed that you don't know any method yourself. So the first you need to do is to learn a bit of trading and come back to ask questions. There are some information here, google, YouTube and many others that you can stay with and gradually things as the trading terminologies, techniques will start sinking in to you.

I'm not successful in it but based on what I am reading from the other successful traders, they're into the charts actually and applying most of the methods that you probably know and how they read it. There's no secret or exemption to what they're applying to their trades. I know that you've got already some experience on how it goes but you really need to make a trial and error run for your trades. Test every possible method that you know and see to it on which of them is the most applicable and working to you, you'll see that on which is the most effective when you've made some wins.

Hmm, it's quite simple to explain the method a day trader can easily make a 1% to 3% profit from a good market trend. Remember 1% to 3% can be higher if you are in aggressive bull rally up to 5%. To make 100$ to 50$ you need to have enough capital investment to meet your requirement in the 2% or 3% profit = to the 50$ t 100$.

There is no need for rocket science or unknown strategies simply follow your analysis keep an eye on the market development and be careful while taking trades with prevention measures.

This definitely depends on the capital without a doubt. We haven't seen OP say what his capital is, but if we are talking about like a million dollars then of course its possible and if we are talking about 100 dollars then its of course not possible. Yes the amount per day matters, but what matters most is the capital. Someone who has 100 dollars will not double it per day, and someone who has 1 million dollars could make one investment, and can make 36.5k a year, just hold bitcoin, even in a few days with a bit of increase that can happen easily. So as you can see, the "possibility" of it depends on the capital, the greater the capital the greater the chance.

It's possible, but it's very risky, and it will require a huge amount of capital for you to be able to achieve that with minimum risk. If you have a huge amount of capital, then there is a possibility for you to earn up to $50, at least, by day trading. Let's say you have up to $100,000 in stable coins. You can choose a few coins from the market, either BTC, Eth, or BNB.

With the current market condition, you can see the price is floating constantly, which means you can take the risk of buying every single hour and selling back even if it's $1–$5 added to your purchase. Before you can do that for about 3 times on different coins, you will be able to raise that. But there is also the possibility that if you purchase and wait for the price to go up a bit, it might turn against you, so you will definitely have to be considerate when you choose to enter the market.

$50 per day would require a decently sized capital, which means that you should be accustomed to risking your money. Are you up for that challenge? I used to make approximately $40 to $50 per trade with a capital of approximately $500 to $600, which is about 8% to 10% profit depending on the amount I invested and the occasion, of course. See the keyword I used, per trade. I wasn't conducting transactions on a daily basis; it depended on the market situation and how everything was performing. I'd usually buy BTC, ETH, XLM, or some other coin, hold it for a few hours to a few days at most, and then proceed to sell it. Most of my trades were successful and I never suffered any major losses, but I decided to stop because it was way too time-consuming and stressful.

@OP, Yes, it is very possible; you can even earn more than that, just up to the amount that @MK4 stated, but what you must know is that in trading, your profit is not always certain because the crypto market can really be very volatile and could go against your predicted price, which can result in a loss on your investment. Another thing to consider is how much you are willing to risk, because that will actually also determine the level of your profit, because in Investment, the higher your Invested amount, the higher your profit. Since you said you want to trade sports on CEX, let me give you an example.

Example: Yesterday, Bitcoin went from $29,300 to $30k+, so let's assume you had $58,600 in fiat and you bought two pieces of Bitcoin at $29,300 each, held it for some hours until it got to $30,120, and sold at that price. Your profit would have been $1,640 just yesterday.

Assuming you had $117,200 and invested in 4 bitcoins, your profit would have been double what is stated above in one day.

Also, if you are dealing with an altcoin, perhaps the price for one of those coins is just $0.21, and you bought 60,000 pieces of the coin for $12,600. Then, let's say the price of the coin just moved from $0.21 to $0.23, then your profit would be $1200; that's just one day's profit.

I have only calculated the profit side of the market, but assuming the market goes against you, then you would have some loss on your investment.

So, my point is that you can make even more than $50 in a day, depending on how much you are willing to risk.

I am very surprising if you only got profit from holding altcoins so far and did not get any loss with them.

Not all altcoins even they are top altcoins will help you gaining profit by holding. Many top altcoins lost their prices from all time highs and never recovered to their all time highs, not yet mention that they failed to make new all time highs. More serious, they die with time so holding altcoins can cause losses, serious losses, not only profit. By that I mean you are very good investor if you only got profit from altcoins.

Trading is not a game for all and most of traders have losses from trading. Do you really think you can belong to minority of traders and will be able to get profit from trading?

$50 or $100 profit from spot trading is possible but it depends on your trading capital. If you have a trading capital like $50,000, it is an easy target. If your trading capital is only $100 or $500, it is a very impossible target.

It is normal to trade profit and loss. But there is no guarantee that you will get $50-$100 daily income from spot trade. Some days there will be profit and some days there will be loss. But if you can analyze the market and trade, the loss will be very small. But all of us  Time has to take risk. If we don't have risk, then we can't do anything in life. If we have to stick to the right work at the right time, then we can be successful.

Getting a hundred per day is tough even if you are a pro at day trading. Remember that day trading would mean more and more intensive monitoring of prices over 24hr. Most professional day traders use bot to get that data and a lot of sleepless nights will occur. It is a toll on your physical and mental health. I don't recommend day trading to a person who is already a holder.

However I can suggest you to try dummy trading with a day trading mindset and see whether you are comfortable with it.

depending on the amount of capital you use for trading, if $ 50 - $ 100 is a 1% profit from the capital you use, then this can be said to be reasonable, day trading is something complicated in my opinion, but if you want to do day trading, I suggest not to be result oriented in mathematical calculations, because the level of risk is higher than investment, it can happen that we lose capital because we are reckless in trading which is not as easy as we think

There are many people who earn thousands of dollars daily from spot trading and they invest huge amount of dollars for it. so the more money you invest, the more your profit and loss will be. But whatever you do, you must take risks.  But poor people and middle class family members are afraid to take risks.  So it appears that the rich get richer and the poor always remain poor. So if you want to gain in life, taking risk is mandatory

What do you mean every day? If you mean to liquidate buying and selling orders within 24 hours, then the possibility of achieving a profit of one dollar per day is mentioned according to the investments that you make (from $ 100 to $ 1000), and it may reach 10 to $ 30 if the amount is $ 5000 to $ 10,000.
All of this depends on your plan, but I recommend that you diversify investment methods. For example, a long-term investment for two years will bring you a good return. If you divide this return by the amount of two years, it may be 1-10 dollars, depending on your capital.

So 1 to 10 dollars on an almost daily basis is possible and not an impossible task, but the low risks are the problem because as traders you have to learn how to deal with the loss more than the profit.

Start with a dollar per day trading, and you will reach $10 in a short time, but be careful not to treat it as an income, like a job, but rather as an investment.

It's possible if I'm not mistaken, but difficult to do. You really need to have a lot of experience to be able to earn that kind of money, specially in a bear market. So you just don't need the money to begin with, but a lot of time in your hand to be in front of your machine to see the price movement and you also have the technical knowledge to read those lines and take advantage of it. But in any case, why not just target small profits in the beginning and see how it goes for you. You just don't know, maybe you start small and then become successful later.

The problem between poor people or people in the middle class and rich people is that even the rich people will invest in trading; they don't have any problems at all and can easily put money in, but to poor people it is difficult because first they don't have money, and if they do, there are more priorities like food or their needs, and there is no extra for them. Also, taking risks is like having one foot in the grave because let's say you force yourself to invest, and if you lose, you don't have to,, you'll starve. That is really the sad truth, and poor people like us are really having a hard time earning money, but we do really like to invest, but our financial capability can't.

It's possible but it depends on the capital you'll be willing to invest into trading bitcoin or any other altcoins of your interest. You can't have a trading capital of only $100 or $500 and be expecting to make profits of $50 - $100. You'll need higher capital so when you make 1% -5% based on the market movement you can get a decent profits. The cryptocurency market is dull as  we're in a bear market and the market isn't moving bullish to give high returns daily.

Looking at the market and the percentage increase, only a few projects gets upto 10% daily increase and let say you're trading that project, it means you have to invest a minimum of $1000 in the project to make a 5% - 10% increase that'll give you $50 - $100 on your capital.

There are people that do make money from spot trading actually, but what works for someone else might not work for you as those persons must have overtime mastered their respective strategy they using which doesn't mean they didn't had some losses in the forgoing. And might not be able to catch up in managing the risk the way they do. So why not stick to what's working well for you with a minimal loss stead of seeking out for multiple recommendations that you may get confused with.

Yes, this is very possible, some traders can even earn more, all depends on skills and strategy.

To stay making profits from spot trading, the strategy that everyone uses cannot be the same and does always remain unchanged. Theses strategy are always changing and even if you were told now how they do it, the strategy may not be effective in maybe the nest three months and then you begin to loose because you do not know how to observe the market and form strategies on your own.

If you research then many people earn more than that in spot trading every day. You can easily make that much profit daily if you invest and risk big amount. If you have proper knowledge on the market and the coins, then definitely by choosing the right coin and price, you can make good amount of money. The trick that basically works here is that, buy when the price is down and sell when the price is up. Now when the price will go down or up, it will take lot of research and analysis.

If the question is whether it is possible or not, then yes it is certainly possible.
How it works out in reality is another matter. Because now the market is not very stable and it is not so easy to trade and earn money.
Also, a lot depends on how much money you have and what abilities, knowledge, skills you have, it is also important what experience you have.
If you have good experience in investing to trade long distance, then it is not certain that day trading will bring you more money. Where someone has earned, there is always someone who has lost. If you are making good money now, then it may not be worth changing this strategy to a less reliable and more nervous one.

I already have a portfolio of long-term investments plan. I usually do not touch those coins until they reach their targets. I just want to try something new and think about day trading methods to get some daily income. I do not mind following a weekly trading strategy to earn 100$ on a weekly basis. But i need to know about how to manage my risk of investment.

Spot trading is one of the trades that is often used and utilized by many crypto trading circles. Spot trading is only aimed at and focuses on falling and rising prices. My current assessment is the spot trading method, maybe you can just choose Bitcoin, if you want to earn well, $ 100 or more in a matter of weeks, I think you can easily get it, if you have 1-2 Bitcoin capital.

For example:
The price of Bitcoin on August 9, Bitcoin is trading at the lowest price of $ 29,376.80 within 24 hours Bitcoin has risen to a level of $ 29,561.49, so here you will definitely get a profit of $ 184, that is if you have 1 BTC in funds.

OP, if you want to see the process: Data historis Bitcoin. (https://coinmarketcap.com/currencies/bitcoin/historical-data/), you can see it, it will accompany your spot trading process by days and weeks.

Majority of traders will really be having that kind of target on earning on everyday whether it would be lesser that with 50 or 100 bucks that you are targeting because everything would really be varying the trading capital

or amount position that you had set out. Yes, i could say that it is really that indeed possible but its not something that wont really be so simple that anyone could easily achieve. If you are really that having the plans on making some day trade then you should really be having that realistic approach on things on which trying out to learn on a gradual phase and not on the rush way because this is where mistakes do usually start to kick in
if you do have that kind of impression on which its not really that realistic at all. There's no method to fast pace up on learning trading because everything goes in line with the proper dealing and the experience
that you would be able to obtain along the way.

Never ever put up into your mind that you would really be able to handle out this market volatileness in a short time.Even lets say that you are profitable in holding but doesnt mean that you are really that good
or capable on making day trades. You will really be needed to start up from scratch.

This could be.
However, it may require higher, more consistent, and more frequent efforts to monitor the market. So you can post positions more often and then take profits. Usually, if you use the spot market, the profit will be smaller, but it doesn't matter as long as you have high capital. This is enough to take profits several times on several coins, so don't just focus on one coin or token. Btw, if you want big enough profits like that every day, of course the capital used is also high enough to be able to realize it more quickly.

I cannot give you the assurance to earn that certain amount within a day. First, the market is highly volatile, sometimes the price is up, sometimes it drops too low. So you can decide to keep day trading, but you can’t expect that it will always yield good profits. Even professional day traders lose at some point, which means day trading is not just all about how good you are as a trader, but it’s always like how often the market favor your trades. If you trade when the market is in a negative shape, probably your trades too will definitely be in bad shape, especially if luck is not on your side.

Well in my honest opinion that would depend on the amount capital that you are going to use in a day trading activity. It is because in my experienced withe amount of 20$ as my capital start-up I only gained 1-.1.5$ it depends on the crypto you are using it.

now if you're gonna start with 100$ capital you could possibly earn daily around 5-10$ or more it depends on the timeframe your gonna do. Meaning, that amount needs a large amount of capital to achieve it.

Yes, it would really be depending on the capital that you would be using and i agree on most points that there's no such thing about guarantee on getting that $50+ more profit in a single day because everything would

really vary on how good you would be making out some trading or efficient would it be because not all would really be having the same skills and knowledge towards trading on which it would really be just that normal that
it would really be different to each other. This is why answering up this question is never been that easy because its situational and something that cant really be known or would really be able to precisely predict on what would be the numbers.There are really just that people who are really that trying out to achieve something which its not really that been able to know on what are the exact numbers.

Profitability would really vary on how well you do trade because not all would really be that good on doing so. Some might be profitable and some might really be that losing up money.
This is why it would be situational.

Day trading is not the same as spot trading. Because you cannot utilize leverage in spot trading, a 1% increase in price will result in a 1% increase in profit. So, in order to make that much profit per day, your starting capital should be $10,000. However, there is no guarantee that the price will move in the desired direction. Before you begin trading, I recommend that you first learn how to trade because it is not as simple as you believe. You must have a good mindset, a trading plan, and risk management skills.

I started from spot trading before and I could say that it will be hard to earn $50-$100 a day on it since there's no leverage so you can't actually make a lot from it. regarding the profit the price of buy/sell in spot is different for example the price when you buy the coin is 1.18 when the price go up for 1.5 and you sell it its so little that you can't notice it. For me spot trading is more like for long term investment since your funds won't be liquidated. Day traders usually trade in futures there's a Stop loss and Take profit that you can set. its very risky because you can burn your funds if you don't know what's the cons of being a day trader. In short leverage use your funds as a collateral, you're basically borrowing from the trading platform that you're using.

Let me give you some background regarding futures trading, I'm just explaining this because you want to know how does day trading really works. Spot trading is not the same as Day Trading (Futures Trading)
Example of Futures Trading:
If you put some leverage for example 5x you're basically borrowing from the trading platform which I said earlier, so they're multiplying your position by 5. for every $1 of your own funds/capital you are borrowing additional $4 to trade with a total position size of $5.
If you buy long and the price go down(it goes short) your loss is 5 times bigger, if you traded with $1 position because you borrow $4 in x5 leverage.
But If you buy long and the price goes up instead you will gain 5 times bigger. Futures Trading is very risky as you know you're basically gambling and guessing how will the price behave will it go down or go up. Be careful trading if you don't want to face a lot of money. DYOR there's a lot of tutorial out there internet is free. You can learn a lot watching other traders do.

Good luck and hope you gain a lot of knowledge from this one.

It is difficult to say for certain that it is possible to earn the amount of money you mentioned by trading every day. Because you may have profit or loss due to market volatility, you have to accept it and then do day trading. I don't think daily trading is very useful because in trading you can't say for sure that you will profit every day, maybe two days you trade well and two days you profit but next day you will see that the market is slightly different as you buy coins. At that point you have no choice but to wait because you will definitely not lose your money and sell your coins. Even if you get the amount of profit you mentioned daily, you will have to trade with a lot of money, and you will also have to do monthly profit and loss calculations. If you calculate profit and loss monthly, you will understand whether your daily trading is making profit or loss.

I think it just leads you to over trade without adequate capital. The market doesn't always have daily reversals. What you should at least do:

• You should flexibly trade with more coins that have the potential to increase in the day by percentage calculation.
• You need to get an entry at the lowest price every day to at least reach your profit target faster.
• Every trade that results in losses, you have to inject more capital.

I would say yes but this will also matter in your capital. The more you have money, the bigger your chances that you can make it. But don't be too confident about it because achieving it daily is not just because we have huge capital, our strategies are also a big factor in achieving it.
What I can suggest to you is to stop thinking about earning huge because this will badly influence you that can focus on what must have to do as you can be possibly desperate how to achieve your target which could ruin your goal.

I do know a few people who do it, but they do have somewhere around 6 digits to make that. I know a guy who has about 120k to 180k, I forgot which one it was and yes I am aware that the difference is huge and 50% more, but it was somewhere there, over 100k and under 200k.

And he made about 100-200 dollars a day from trading as well. Doesn't mean he made that every single day, some days he lost, and some days he won, but when you took the average of what he did, he made 100 to 200 dollars a day. Meaning if you make zero one day and 400 another day, the average of those two days is 200 dollars, think of it like that, because trading is mainly like that and doesn't give you a clear result most of the time.

If you utilize huge amount of money in trading then probably you will get the huge rewards like that of 100$ but also don't forget that with greater payback you will also face greater harm.

If you have more money and you want to make good use of it then you should grab bitcoin for longer time with the help of which you can escape loss and also you will take the benefit of halving which is nearer.

In spot trading you can achieve such a huge payback for only three or four times but it will also make it possible to loss more than this after few days so always try to move towards investment not trading.

Trading has risks and there's no assurance that you could generate an specific amount of profit everyday no matter how big or small your capital is. There's even a possibility that you could lose everything including your capital in just one wrong move. If you want to continiously make a decent profit then learn techniques and effective strategies that would apply for you but of course, you also need to be wise and careful. You can generate a good profit in trading but you also need to consider the risks.

Day trading as a word of tounge is just too good to hear but it's not that easy and it may take your peace. It will require lot of your time but earning that amount is really possible or even more than that. Methods will be different from individuals to individuals so you need to find yours as well.

Sooner or later you would really be able to to realize up those things because on the time that you do set your feet into the world of trading then you would really be finding yourself
that you should learn up the following or acquire out these things;

1. Knowledge
2. Basic fundamentals/
3. Experience
4. Awareness
5. Risk management
6. Emotion handling

On the time that you would be able to make out such thing or able to acquire these things then i could say that you do really have the chance on making yourself
that profitable at least but there's no such thing about fix income or gains on every trade that you do make but its not really that bad on setting up some amounts for you to be able to target
out or would really be able for you to be able to point out on trying out to reach which at least you do have that kind of target point on which you will really persevere.

I know some people too but the capital is just that huge on which earning up a few % of their bankroll or capital will really be not that an issue. Lets say that you will be having that $100k which earning up 1% or 0.1% on day to day basis wont not might be an issue on which you could potentially be able to gain up $100-$1000 if you wanted to but dont think that it would really be that a playsafe because
on the time that you would be able to put yourself or feet into the market then it will really be like a battleground.

We can't predict the current market even after the huge number of experience until you learn about the certain coin.It's essential to learn more about the coin,before investing your valuable money in it.When you inverse in good coin,it's possible to get more money as a profit.But holding for the longer period is essential to gain more profit from your investment.If you want to get more profit,it's essential to inverse more money.If you inverse of 1000 dollars,you had a possibilities of gaining 50 dollars from it.

It is achievable especially if you have funds to use aside from having the knowledge in the market.
However, there's no guarantee that you can earn such amount in every trade you execute.
Let us give a simple scenario here, if you look at btc the other day -
it increased to more than 30k, but if you bought it at about $29200 and you have 1 BTC, selling it at 30k, you already earned $800.
But it is just a simple logic and not everybody can buy 1 BTC at one go. But what I'm showing is that the probability of earning $50-100 in spot trading is very possible, depending on your cards here.

It will be easy to get if the market is in a bullish market position. But for now, I don't think it's easy because there is no guarantee you can earn $50-$100 every day. Often to get $ 10, we have to wait until a few days, that's also if we are lucky to get the right coins. But it may be possible if your capital is very large and you only choose bitcoin trading over altcoins, where altcoin trading will be more risky to go up or down deeper.

If you want to earn $50-$100, maybe you can try to trade futures with capital above $100. Maybe you still have a chance to get the above benefits. But futures trading is very risky and it is better not to try it if your trading or analytical skills are not sufficient.

But the risk and reward ratio is significantly higher in this case. Is this really worth investing 30k for 100$ profit in one week? If it was like there isn't any possibility of taking a loss then we can consider this method. I think 30k worth of assets will bring more than 100$ in a week if I stake it in maker dao or some other reputable platform. Perhaps grid trading will be better to achieve this goal.

Anyone who give you advice that day trading is an easy task, I kid you that they are making joke on you because they are leading you astray to a point of no return. This is very easy during the bull run, it's very easy to earn more than $50 to $100 depending on the size of your trades and the type of coin you are trading, bull market is the type of market you can pull anything and goes your way without much in technical analysis but in time like this of the bear market, you will have more to lose with this type of thinking, there is probability of losing everything with out making a dollar at the end of every 24 hours you have in the mind.

Here is what I will gift you for free, don't project the amount you will make in trades, the focus should be based on to only profit and try possible best to avoid loss, if you do this, you will make more than that amount with proper risk management and good coin, some days you will make a lot, some you may make little and sometimes, nothing at all and when you combine them on monthly and divide the profit by 30 days, you will make roughly that amount, provided that you are very good at trading.

Depends on how you would be doing it and depending on how you would really be able to make out some good decisions specially that we are dealing with a very volatile market on which it would really be just that normal

that you would really be that struggling and would really be having a tough time considering that we are really that facing up a random market which does have that random movement on which it is really needing that kind of approach which would really be having that good awareness about your actions and sufficient experience on this volatile space. Yes, you can really make money out of those movements but same as you said that not all would really be having that 1BTC which they can outright make it as a trading capital and most people would really be having less which it is really that possible though. In speaking about getting 50 or 100 bucks per day is possible because a single movement could cause whether a loss or a gain. Just like on what others suggestion that it would be better on sticking with Spot trading rather than on futures on which you can still
make out some recovery just incase your position goes south or the price would be opposing with your entry. You could really be still having the chance to recover.

This is why on the answer of this kind or type of question would definitely vary because there are methods and ways but it would be all according into your own analysis and experience on dealing with the market and
of course with the help of your capital which would really be determining about on potential gains and losses that you might be able to get.

the usual thing in the minds of most people, where to go and what was asked in detail at the beginning was the amount of return from daily trading. I think that is the wrong thing, because you have to have a lot of knowledge in daily trading and that knowledge is obtained from our flying hours, our experience in trading. I think for beginners being able to maintain their capital in just 3 months is good, because if we target early profits, usually our psychology will be disrupted, because we are chasing targets, while trading must be done as comfortably as possible

I don't see spot trading as the way forward for you haven held your crypto for this long. Crypto is on the way to break the world into financial freedom soon.
Going into spot trading might be your option but not a wise one for me reason that it involves losses, you might start losing it when you've waited this long already. Please keep holding your crypto in no time you're going to be glad for holding it this far...

Since you have not had much success in long-term investing, you can make some changes in your plan to create opportunities for success. Since you didn't get the expected profit by investing in top coins so I suggest you don't sell your investments right now and be patient for some more time surely something better is waiting for you. If you have enough money left over from investing in top local coins, you can run your own trading activities in the short term. Although you may not be able to make the amount of profit you mentioned in regular trading, you can do well in regular trading as you already have an understanding of the market. By applying adequate understanding of the market, you take trades at the right time every day and hope you can achieve in that trading.

As easy as it is to think about day trading, it is more difficult to continuously extract positive results from the market. Because no strategy in the market is effective for a long time, the strategy that will generate you profit, at some point that strategy will work against you and lead you to big losses. So it is not right to expect anything certain from day trading. Because the market will not always react in your favor so that the market will make you more aggressive.

I have seen many traders who were doing well in long trades but they got greedy and got burned in day trading. So whatever you do, it would be a good idea to think it through, because there is a lot of risk involved in day trading, and emotions get involved the most in day trading.

Day trading can be a source of high potential profits but it can also be possible that it could be a source of  high financial loss. That’s why a lot prefer to trade at a long term than to day trade which most of the time, these day traders incur more losses rather than seeing possible gains. So my point is, never expect to earn daily profits from day trading. No matter how skilled you are as a trader, the fact that the market is highly volatile, gives you rare chances to be in profits and earn decent income.

There is nothing wrong in having a target in mind when you are trading on a daily basis with a specific capital but pushing your limits to reach that target will surely make you take steps that you shouldn't take. A trader needs to be cautious about every move they make because a single mistake can make you lose your capital or get it stuck in a trade that you can't close very quickly, and then you will need to just sit and wait for the market to let you close that trade and release your capital.

Earning $50 shouldn't be a big issue if someone has good enough capital that they can use to make multiple trades per day with only a small percentage of profits but if you have a limited capital and your knowledge isn't enough to make you have multiple trades per day with a good success rate.

You can earn from day trading but not in a consistent daily basis. You should know that day trading demands a lot of risk and full attention on the market, so if you are starting to day trade, perhaps you will incur some inevitable losses that you can’t get rid of. Furthermore, you should know that even if you got a big capital for day trading, that is not enough to guarantee you daily profits, because in reality, day trading can be highly profits but its also another way to lose your money quickly so never expect a lot from day trading. Better to focus on long term trading instead.

It's also because there are a lot of people on the internet spreading some things about trading, where they intend to lure these new people telling that, they will make easy money on trading, just to gain some commissions or sell their courses.
What OP needs is impossible to achieve especially if you are new, you need more time to do it, more learning, and more experience needed. And I believe it will not be always profitable day, there could be some bad days.

That seems possible and the only thing you can do is to;
 - enough capital ( $1,000 or more)
 - effective strategy
 - knowledge and skills ( TA is part of it)

Though you are not new in the crypto market, however, never underestimate trading. What I could suggest to you OP is to focus first on learning trading stuff and start with a little amount until such time that you can say yourselves that you are totally ready for this thing.

Switching from a HODL investor to day trading is a big step and should make sure that is really something you want to do. In case you have enough time and capital at hand to fully focus on day trading than there is no real problem. How big is your starting portfolio? To make 50-100 USD in trading per day is going to be hard, because we making profits continuously every day might not occur when you first start out with as a day trader. Also 100 USD a day, means making 3k USD per month. For such kind of profits, you need to have some decent bankroll beforehand. Let's say you can make 5-10% returns per months than you would need between 30k-60k USD as your initial bankroll to start trading with. It's important to have healthy return expectations for your trading strategies, that is why it should be in relation to your overall portfolio value. The best methods for me are technical analysis, use one or two crypto coins that you are already familiar with and look at the chart analysis tools to identify trends. Once you get used to all these different indicators you can start building a trading strategy on the most reliable ones. 

Do you think it will bring more profits to you more than the huge amount of incomes you are receiving from your holding? because many traders that applied this method in their trading missed so many incomes in their trading because to get $100 in day trading is very difficult in this season since the price of cryptocurrency is decreasing evey day in the market.  You need to understand that cryptocurrency price is unpredictable which the market price can dump through out a day or  two days and you will not achieve $50 or $60 income from your day trading. You can try day trading since you said you want to try day trading, but don't try with huge amount of capital so that you will not regret when you start experiencing negative results at the end.

50$-100$ in spot trading? Yes, but I guess you need at least $10,000 or even more to achieve that. Do you have that amount? If yes then maybe try it.

I might not be a good trader, but profits in spot trading is very slow compare to futures trading. I mean if you really want to generate a "DAILY" income from trading then trading in futures is the way because you always have a chance to earn even higher than $100 as long as you have the money, you have the knowledge, and you have the courage because yes profits there are very easy especially if you did a good entry, but your chances of losing there is way higher than the spot market, and you might get liquidated easily by just entering at a wrong time, and not having a stop-loss.

Overall, that's achievable if you have the money, and the knowledge. If you want to go trade solely on spot then you need huge amount of money to achieve that daily profits. Good luck OP :).

If the question is such, then it can be achieved. But for me personally, I don't prioritize that, because what I'm doing now is just investing for the future.
You are right, to get 50-100 profits every day consistently it requires a large capital and it should also be noted that we must trade on the right coins.
That will be very difficult to do, especially if we are targeting consistent profits every day. And keep in mind, spot is one-way only (not 2-way), which means we can only take profits on the rise.

Maybe yes? if only you have a huge amount that invested? or maybe you are doing arbitraging it is either of the too. Spot trading is not so risky if you know what you are investing, getting 50$-100$ with minimal amount only is very possible in futures but the thing is that is riskier  than in spot as always, you should learn the basic first , don't go all in in futures if you don't even try to do spot.

You are right that the rate of profit in spot trading is very low compared to futures trading. Even a small amount of money can earn good profits in futures trading. It is not difficult to earn $100  a day in futures trading, but on the other hand, one wrong trade-up can lose all the capital. Future trading does not only require money, it also requires a lot of experience and knowledge. Therefore, futures trading should not be taken lightly. I personally prefer spot trading over futures trading. Here capital is more secure as compared to futures trading. In spot trading there is room for error correction, whereas in futures trading there is no room for error. However, in spot trading, a good amount of money will be needed to earn a $100 on a daily basis.Entry timing is also very important in spot trading, a good entry can give a good profit.

I don’t see it wrong to explore day trading at some point, but what makes it wrong is to expect daily profits like $50 or $100 as you’ll find it hard to make it happen especially if you are not used in doing high risk day trading. Even successful day traders cannot guarantee profits daily, so how much more for a beginner day trader like you.

You know my suggestion is, you can try to do day trying but never set a fixed amount for your profits. Otherwise, you’ll end up in frustration. Also, know that day trading requires bigger capital, at least you’re aware about it.

Good point here, i could remember i had this mentality back then but end up not meeting up because truth to be told trading is difficult to even make $5 in the market now take a whole lot of patient, just like am trying to grow a small account on forex with lot size of 0.01 , now imagine the low risk lot size volume  ??? :'( meaning a trade needs to move 50 pips for me to make $5 in the market. And if we look the financial market deeply with all the whole stuff happening in the world at the moment trade hardly play out to your direction, which you cant even hold a trade till next day due to BROKERS manipulation to HUNT your STOPS.

Making $50-$100 daily on spot trading is not an easy thing to do. Before you can make such profit daily you must have a huge capital, you can't buy a token for $10 and expect to get $50 profit from it. All I can tell you is that if you do not have any strategy that will guide you on that just stick with holding. Like people we say if you don't hold you will not be rich.

You do need not a small amount of capital to start with first. Pretty sure there are tons of YouTube videos talking about this, especially scalping or day trading.

I've tried it quite a lot, although I don't trade everyday because the lack of time but it generates a pretty decent profit with small amount of capital to start with. You might want to check that out.

There is no set amount of funds required to begin trading. It is entirely up to you how much money you can afford to put into your account. You must be careful not to all in your capital, especially if you are trading futures and hoping for a high ROI every trade. However, making $50 every day with such a small sum is unrealistic. Find a strategy or plan that will allow your capital to survive in the long run, regardless of how tiny the profit is.

Since you are a wise trader and you have enough patience that's why you invest and hold your local cryptos. Basically crypto trading is a matter of patience, if you are patient you can definitely succeed once in a while but if you lose patience you will never succeed. But as a wise trader you can earn good money daily by trading but you must be a bit experienced in it only then it is possible. If you do spot trading it is possible to earn $50/$100 dollars per day but you must invest a good amount of money here. Although this trade takes a lot of ricks but if you are trading from a position where you can see the desire to profit start from there. Although there is volatility in the market but you have to suffer this volatility some times and many times you can make good amount of profit. In that case, you must do a good analysis of the market before starting the trade, which will lead you to the constant search for income.

Assuming you are looking for 100 dollars per day that translates in 36k dollars in a single year, now can that be achieved? I think is possible but your starting capital will should reach at least 100k, and even then there is no way to be sure you will obtain those profits in a consistent way.

For example you could start your journey with a few losses and you could lose money for months before you could see brighter days and achieve the profits that you are looking for, in fact I will say those drawdown periods are what kills traders at the end, as after months of losses they cannot endure it anymore, take a dumb risk and then lose enough money that makes a recovery impossible.

Having that much daily would give you so much freedom in things you might want to do. It's doable if you are trading with the right capital and being consistent with your trades and not so much looking at the short term but a long-term thing, and that's one that you can do if you are serious about it. The important thing in trading is deciding when you will take your losses. I think having to decide to cut it and not be affected by the emotions that you have is challenging whether or not you are pushing the trade. That's why bots are great when it comes to these things.

It is possible to earn $50 - $100 per day - but of course you need to have a sufficient budget to start with.
Either way, there are some useful methods to employ as the best way to make a profit - but there's always the risk that it might work against you.

Day trading is what I mean - but not many traders are able to maintain consistent profits and they are only left with losses in the long term. It could be that all the profits you made in a month are used up in a day due to unforeseen circumstances - so it's better to avoid it than to get too excited.

Based on your statement you've already got experience and in spot trading with large profits, $100 is not enough to catch up with those target demands, instead at least almost 500 to 1000$ just to manage the number of profits you want but with this price movement I guess you just need to keep aware with the market price currently the bitcoin is just sitting around of 26-30k USD now unlike before trying to break the 33-35k USD price. If you want to trade I guess 4H time frame is suitable for you and not into a 1D or 24H price movement.

You are right; it is impossible to earn $50 daily if your capital is just $10. You can earn it if the market is in your favor, but it is not always. Those who earn that amount daily have thousands of dollars in capital, and it doesn't mean that they didn't lose; the risk is high, but the reward is also high. In trading, it is not really stable to earn that amount; there are days that you can get that or double it, and there are days you'll lose, so it is better to not rely on it. Also, just as a suggestion, as you've been into trading for a couple of years, try to achieve $20 daily if you can before aiming higher.

If the method you are using is working for you, why trying spot trading. Then, if you fell you want to try spot trading why not start it moderately or with a small capital and see how it works before you target yourself.
Having a daily target of 50$ - $100 is disastrous and it will set you up to distress such that you will not be able to control your emotions.
One other thing to consider is that you didn't regard loses, when you average the loses you will encounter and consider the anticipated profits, you will be able to land on a more realistic target. Don't forget that for you to have big profits, you must have big funds or higher leveraging risk. So, it will be nice to start up small and increase later.

It is very obvious that many persons want to make money from trading but the problem is that they don't know how to trade. For one to be able to get this skill, it is very important for them to learn because anything that involves finance should not be taken for granted.

Op is already an investor which is the same like someone trading in the spot market and now he want to go fully into trading which is a good move and risky too. The cryptocurrency market especially for the future traders is quite risky because of market volatility and anyone that donet understand the market or trade against the market trend would be ready to eat up loses.

Day trading is indeed more risky and more challenging than long term trading. Because even pros and veteran traders in this type of trading still end up losing no matter how good they are in analyzing the market. However, despite of how risky day trading is, there are still who make outstanding profits from it but if you mean getting a daily fixed income out from day trading, I doubt you can actually do it. Day trading is way more unpredictable. You think you can take advantage on the daily trading market, but in reality everything that seems easy path end up even more scary and risky. The reason why I don’t encourage day trading especially for those who have never established years of experience trading in the market.

Only a few could really be able to get that skill in speaking about daytrading and the rest would really be going after for swing trades or long term trades which we know that most of people would really be sticking on holding that a particular period of time on which it is really that something very common. This is why to those people who do able to sustain that short term or day trade are the ones who do able to sees out those possibility on making profits in short time but the level of risks is higher though and this is something that you would really be needing up to mind on and not all people could really be able to afford on dealing up with something like this specially on active manner in terms of dealing with volatility. $50-100 a day on spot on a very less risky manner would really be needing that huge capital for you to be able to have
these kind of gains which is something that you are targeting but of course the risks is there since market is really that totally unpredictable and despite on having that low odds or getting few % of your spot position
wont assure that you would be able to make profits on that single day.

Even if he has $500 - $1,000 it is too difficult to have a consistent way of earning every day, especially when the price suddenly drops just like these days. Because if that it happens that we spend all the capital and then the price drops, you can't do anything, you can't sell them and lose but really have to wait until the price rise again which makes you hold and waste many days without a profit. That is why I couldn't say that earning everyday is possible unless if we really have a huge capital as $1000 is not enough.

$1000 is actually enough, only how can we do financial management to divide this money as the main trade and set it aside as a reserve?
Maybe use 30% first, The profit is indeed small, but if it is done continuously it will produce a pretty good profit.

Consistent or not depends on how a trader can read charts and perform analysis, because that must be the main capital.
If you only have instinct, then forget about consistent income.

Futures trading can also be a place to double money for those who already understand.
$1000 can even be $2000 or even $10,000, just how to do a good analysis and strategy, Nothing is impossible, but it takes learning.

I think people do not like to do the same thing over and over again, there could be some issues regarding that for sure. I think it is going to be quite important to just keep it fresh and change some stuff and check new stuff as well. That doesn't mean you need to forget about the old method, if you are making money with it then you will keep using it, if you are not making any money with it then you are not going to end up doing anything.

Just constantly think about either leaving that aside, or going back to that based on your research. People just simply like to check new strategies and that is something understandable, I do not see anything weird about it, I do that too and check out new strategies just in case.

this is something really hard and risky mate , but once you manage to understand and made your way up? surely you will become more than a winner from your day trading and of course Holding.
actually you must tell us how much capital you need to use? because don't expect that amount to earn when you only have few bucks of capital .

but sometimes try use stop loss for more functional and safe trading.

Experiments on new strategies are indeed needed to enrich the trading strategy system, so that later we can find out market situations and conditions so that we can use the right strategy system for that. However, it is better to sort accounts from different trading strategies, so that we can monitor the advantages and disadvantages of the system used. after that we can target how much profit from each system is used, along with we can also calculate the level of risk, and that is a consequence

The idea of people not wanting to do a particular thing for a long time comes to play when that becomes boring and does not produce the desired result. The result I mean is money, if you are doing a static job but getting big pay from it, you can never be bored of the work unless you have already gotten enough money for yourself. Funny enough no money is enough for an insatiable human nature.

Then, if anyone have to try out another thing apart from what they have been doing consistently, they need to start up little by little. So, Op needs to start trading without target and if he can be able to make $50 daily for 5 days, he can use that as his target.

While doing the same over and over again is without a doubt boring, I really think people have the wrong idea that their jobs should be fun and something they want to do.

Now there is a handful of individuals that love their job and as such they do not feel they have worked a single day of their lives, but they are an exception, the rest of us needs to do things we find boring or that we do not even like in order to earn a living, and if someone out there has a good strategy to trade the markets which earns them money but that is boring to use then they need to overcome those feelings and trade with that strategy anyway, as there a great deal of traders out there which would love to be on their position since they cannot earn a dollar on the markets despite their best efforts.

If he did, why would he create the thread? The experience he have is not in trading but it was investing and the profit he got here is only decent. Decent doesn't always mean large, so 100 dollars might be a good amount for him.

This isn't only about the money but he said that he want to try something new. Don't demand large amounts for now because like I said earlier, he is still a newbie on it. In trading or investing, it is important to be aware about the price action. BTC price might be lower than last time but as long as volatility is still there, it is still possible for us to earn a profit on it. Also, BTC can recover and it can exceed $33k-$35k later on.

There is a big difference between trading and investing which people need to understand although we can make quick profits from trading if we know what we are doing. Investing is all about choosing the right coin project and using you money to buy the coin waiting for when it will be launched before you can take you money from it.

Those would under more about tracing would see that it is very different from each other. You can make quick profits from investment if you put you money in a good promising project and waiting for when the market is going to appreciate before selling the holding.

Trading or investing, it would really be sharing up with the same goal or target on which on how to make profits or make money.It do really varies or differ when it comes on how its been done but in overall it is really just that the same. If we so speak about getting that $50-$100 a day then it is really that something that would really be easy specially if you do have that small capital but if you have bigger then for sure you would definitely be seeing this as peanuts but of course using up that bigger capital would really be putting you up on so much risks that you wont really be that even able to avoid on total wreck or huge negatives on the time that
the market would really be opposing basing up on what you had predicted or assuming out. Methods and ways could really vary on each individual on which it would really be just that right that you should really
be needing to adjust and make yourself stick on ways or methods on which you do seem that you could really be able to do so.

yea with a bigger capital like 10k, you can easily make that much . but make sure to keep your stop losses at point. with crypto in spot you can always hold the coins if anything goes south . so all the best to you :)

What I know from the spot market, it's as simple as just buying, holding and selling. So if you want to earn daily income from the spot market. You just need to make those trades consistently. Whether it is consistent in terms of time or in terms of market analysis. Because to get a daily income from trading crypto on the spot market, to be honest, for me personally it's quite difficult, especially if you want to get a sizable income. Therefore consistency is very necessary in spot (daily) trading.

Certainly can. But to get profit every day, I think it is very difficult. Because this is trading, and logically trading means the income will not be certain. Apart from that, what you also have to consider is the matter of capital. Because capital has a big influence on the size of your income in crypto trading. Because the greater the capital used, the greater the possibility of getting a sizable income. Then what must be considered again is the crypto that will be targeted. Because each cryptocurrency has different price movements. So try to choose a cryptocurrency that has high price volatility or one that has a high market capitalization.

Right. Level up your trading skills first before you can say you’re now ready to take a bigger risk in trading. Although spot trading can possibly achieve daily decent profits, but it greatly depends on the trader’s experience and expertise as well. Some can trade and end up with significant profits, while others have the passion to trade but still end up losing. That’s why improve your trading stuffs first, and start trading with a minimal amount and let’s see if you can bear the losses.

It's possible  totally but there's a saying "don't  trade what you can't afford  to lose " those that brought that up aren't crazy because even if you give it to an expert or you an expert in analysing . Your probability will always  be 4.5/5 at the highest  the remaining 0.5 can make you loose you might be confident and not expecting any loss but luck goes against one sometime.  So my advice, can you afford to lose that capital  if not you will have issues with your emotions even after placing your trade which might even make you optout at an unripe level

Often the reality is that trading also takes a very long time before you start making money. Your trading path cannot consist only of profitable transactions, there will also be unprofitable ones, and perhaps even long-term investment can ultimately bring better results than trading. Although at first glance it may seem that trading is fast money, it is not.

Method:
   - I Learn about trading assets and strategies.
   - I use technical and fundamental analysis.
   - I Develop a clear trading plan with entry and exit points.

Risk management:
   - I Set a stop-loss order.
   - I Limit each trade to a small percentage of capital (e.g. 1-2%).
   - I Diversified portfolio.
   - I control my emotions and stick to the plan.
   - Be aware of market hours.

Remember, trading involves volatility, and there are no guarantees. Start small, practice, and consult an expert if necessary.

And this is true in almost any industry too, I mean if suddenly you decided to become your own boss and you create your own business then it is likely that your business will remain unprofitable for months or even a year, with this in mind anyone that wants to become a trader needs to consider the very real possibility they are going to suffer many losses at the early stages of their trading career.

However many traders do not think in this way, get surprised when things do not go according to their plan and get discouraged by it, to the point many stop trading and try to find another activity from which they could obtain profits.

Do you have the amount that can generate this profit for you daily? And can you afford to lose the amount of that money because, to get this kind of profit a day in trading, you must get a huge amount of capital before you can get the kind of profit you mention, and don't forget that it will also be at higher risk, However, I think you should keep greed to one side and focus, then invest the amount you can afford to lose. Don’t say you must get this money daily. Because for me, this profit you are talking about will be impossible to get from trading, as you said, daily.


Exactly what is affecting some people in trading, especially the newcomers, is that most of them jump in without much knowledge about it; they only hear that they can make money from trading, and they forget the risk that is involved until they start and start losing their funds. Having knowledge about where you are putting your lifesaving money is very important, and you know some of these people only hear about trading or see some of their friends or relatives doing it instead of learning they didn't, and start which is very bad because they won’t get anything from trading if they continue.

For someone who is skilled at trading on the market, such as daily traders, making profits every day seems to be possible. But the problem is that not everyone can become a reliable day trader. I am also studying to become a day trader. And yeah I'm still not proficient. I still have more to learn. Because each of me often messes up by leaving the analysis that I have made. But one thing that is certain in trading on the spot market is that we must have quite large capital if we want to easily get daily profits of up to $50 USD per day.

I have an acquaintance who is also a day trader. But he said that not every day he can get maximum profits.

That's right, a higher capital would allow you to buy the dip after you have bought an asset and then sell them both when the price goes above the position where your first buying point was, this way, you won't waste any time since you will earn more profit for the time that the market could waste of yours. But, if you have a limited amount and you get stuck in a single trade, the market sometimes can take months and years to recover from a dip.

The bottom line is, it is possible to earn $50 to $100 but maybe not every single day. You might earn $30 today, $70 tomorrow, and then there might be a gap of a few days before you get some profit again. That is how trading works unless you are scalping for very small portions of profit which is more difficult to do.

Trading really depends on experience.  As trading is unpredictable it may not be possible to earn the amount you mentioned by trading daily. As there is profit loss in trading then you may face loss.  But it may happen that you can earn more than the amount mentioned.  There's really no way to say for sure.I personally like spot trading and sport trading can earn good amount of profit.But if the capital is more, the amount of profit is also more.

In my experience, when I do day trading, usually on the spot, the amount I use is around 30 to 50 dollars. During the whole day, my time frame is only 1 hour and is often extended because there are no changes in movement. , so overall in 1 day it is around 2-3$, but depending on wild volatility, it can be higher than that. 

So, I think that if 50$-100$ profit a day is a large amount you need to use in day trading, it depends on your skills and understanding of trading. That means it's not easy to earn that in one day just for my assessment.

If a person has keen interest and give time to trading to visualize the condition of market then there will be no problem in gaining profit on daily basis but if you don't give your precious time to understand and evaluate the strategies then there will be difficulty for attaining of your wishes.

If you are expert then you can also earn more than 100$ because it totally depends on your activeness and expertise and your money will also play an important role as your higher sum will offer you higher return.
I think that if a person is not well in experience then daily return is difficult for him and also there is a possibility that you will loss on daily basis.

Since you have been around crypto for a long time, from what I know, you have a good understanding of one. So you hold some coins for better benefits. And you need good experience if you want to earn in spot trading. And I think that what you want to do will be very risky.

That's why my suggestion is that you just invest and sell as soon as the price rises by 12-20%. And I think it is better to stay away from spot trading.

The more experience you gain, the bigger your capital should become. The logic is that if you are someone with a great trading experience then you should be making profit, and if you are making a profit that means you should be trading with more money, and if you trade with more money that means you should be making more profit. So that type of logic makes sure that someone with a lot of trading experience could end up making a lot of money, more than you can spend, because your capital will keep on growing.

Most wealthy people do not even spend money they have, they take a loan against the money they are using, which is even bigger return since that saves you from being taxed as well. So all in al, I would say it can be done, and it only requires you to constantly keep getting better.

I think we should be more careful about managing our funds for trading. Without proper money management no matter how great or experienced a trader you are there could be a big loss waiting for you. The market changes drastically in crypto so money management can protect your portfolio from every kind of risk. It can eliminate the risk of damage from emotional decision making as well.

Anything does involved on having in need of capital then of course you would really be always needing that management on which it would really be that relevant and crucial into this field and this is something that you should really be considerate on doing so or else then you would really be likely on ending up on getting those huge losses just because you dont set out those risks limits on which
it is really that something that needed to be considered specially on touching up this space or whatever investment or businesses or trading you are dealing of with. Basing up on stated on op
which is intending to make out 50 to 100 bucks per day? Yes its possible but depends on how good your are on your trades + the amount that you do make out such position.
Its understandable that on the time that you do set out lisk risk trades then you would really be needing that huge amount of money which needs only getting a  small % of those
total amount on your position which might hit up those target of yours but the question is, do you have that kind of capital?

For Spot trading, you can use DCA or Dual Investment method. Since you said you have studied the market and know how it works, it will be easy for you to use. Just get the price at a low price and sell when it gets high.

DCA is more ideal for holders than the spot traders.

Losing doesn't choose any type of trader, it comes to all forms and you are right that whether you're great in everything the time of losing is going to come no matter how good you are.

But the advantage with that is you know how to manage the risk and in spot, you're likely having more idea on how it goes and what timeframes you'll use to spot on good trades.

A trader can not get a 100% positive result from every trade. All of the traders fall into situations situation when their trading skills and analysis fail to serve them. Professional traders manage to handle this kind of situation and lower the impact of losing trades by developing great money management strategies. So a new trader should focus on building their own money management strategies first.

Yep you are a hodler and seems you are invested in alts too which is a good strategy when it comes to spreading risk :)

With the few years of trading I have to my name, I would discourage anybody trading with an intention of generating a daily profit as this could lead to revenge trading the second you record a loss , and knowing that you can not win on every day best to target a 5-20% ROI depending on account size.

Very much possible but this depends on account size, and your skill to read chart's as this will give you a better standing on whether to buy or sell the market.

even if the risk is manageable I'm not sure it can reduce the risk to even if it is medium. here the more we have for trading the greater the profit we get but also the faster the coin price moves. say want to make $100 a day. If that means a day we have to get 1% for $100 then we need $10,000. The problem is that this amount of money is definitely not easy to accommodate, therefore we don't have to chase time, at least we can target it in one transaction. for example, if you target a profit of $100 in one transaction, it is much easier.

Thanks for your advice. Yeah I know sometimes it can lead to revenge trading when traders record a loss. But I have a money management strategy that is helping me to exclude this emotional behavior from my trading activity. I don't care about the outcome of the trade when I have a working money management strategy. I always stick to my strategy and consider lost trades as a learning lesson.

Yes.

All of the traders, can't get 100% despite all the experiences and the analysis that can be given to their trades. It's already part of how trading is.

Like in what we tell in gamblers, they have to trade and start with capital that they can learn from their mistakes and afford to lose.

That would definitely be something that you could do if you really want to do but that doesn't mean that you should and that is the only thing you have to do. That is definitely not the right method to me for example, I try to hold as long as you possible and that would be profitable if you hold it long term.

There are a lot of people who made a killing by just holding and doing nothing at all. This should be just the way to go, and if you really want to sell that is also the possibility and you could go with that as well, but in that case you shouldn't really put any type of limit to it, you should try to make it as much wider as possible as long as possible for the long term as well. This means that the results will be depending on the market movements for the personal preference.

Results really matters in the system, focusing on legit information will lead to winning, we trade to keep all hope alive in the system, not minding the necessary qualities available, rather pushing for the very best outcomes. Professional traders are experienced and capable of handling situations, they don't mind what's coming their way but strictly indulges thorough findings of useful information. Traders are in the system to accumulating substantial profits to the fullest of their capacity, though recording losses often, but ensuring our profits exceeds the lose ratio in trading is out target.

I agree with you. Because in the end, only those who are really serious about learning it and those who have long experience in crypto trading can become day traders. Because day traders actually have more difficulty controlling emotions. And to be able to control emotions in trading requires long experience that continues to hone our mentality as traders. Maybe we should learn from small capital. And try to get profits consistently. If we can be consistent with small capital. So slowly we can increase our capital in the spot market. And only trade on fundamentally strong trading pairs. And not just on very high-risk shitcoins.

You have to really test different strategies until you come up with the one that is really effective.

Yes, it's possible to earn $50 - $500 every day with spot trading but pushing on that might give you a worst result because you are being aggressive.

Try to make your trading without stress. Regardless of the profit per day, just do day trading without pressuring yourself.

It is possible to earn 50-100 dollars a day in crypto trading, but it is not easy to do that. The only ones who can do that are traders who have a large fund in the exchange and a deep understanding of trading activity. Now this is my question: are you an expert crypto trader? Do you have a lot of trading experience here in the crypto space? Do you have a big fund?

So that you can get that, there is a chance that no matter how good you are at reading the chart in terms of technical and fundamentals, if the market is a bit gentle and the bad news in the crypto industry goes hand in hand, it will appear in the end as useless.

I do not consider myself an expert but I do have extensive knowledge about trading and market behavior. I started trading way before I started learning about bitcoin. I have experience in forex, stock and option trading though my trading career wasn't that charming back in time. I have learned my lesson and gained experience along the way. What i found is that market behavior is wild in bitcoin compared to forex. So I need a strategy to earn as much as i was earning in forex and stock.

Holding bitcoin for more than 10 years proved better than any investment. Do that :)

If you've had a lot of experience before and you've learned from the mistakes you've made, and that's what you're planning to do, then do it. I even think it's better if you try the strategy you're thinking of before you post here; at least if you've done what you're planning first and you've seen the results, whether they're good or not, you can say if it makes more sense if I compare it to this.

Right, it would have been better for us to discuss now if that's what happened, right? Others will have a better idea of your experience if you did the things you planned to do in my assessment.

It should be possible with large capital. At least you must have more than $10,000 to trade. target 1% one day. but if that much money comes in one coin it will definitely move the price. no need to be complicated. I think it would be effective to set a target of 10% per transaction, which is already a lot with large capital. If we target it to be one day it will feel very difficult and even seem impossible.

What is your portfolio, I must say that profit mostly depends on a person's portfolio, that is how much he has and how much ability he has to lose in trading at a time, he should cover himself.

The amount of $50-$100 needs a decent portfolio, through which you can generate this earning. above $15k would be better for it. How much experience do you have in crypto? If you have gained much experience and know the trading strategies then losing pressure will be less and the target is achievable, but if you are not experienced enough then it will be almost risky at some points.

But you have always been ready for a loss, some days you get more than $100, or also you can lose more than $100, so consistency is far more important, I hope you understand what I mean!

I can not totally agree on that. Having a strong portfolio is important but this is not the only factor that will give you an amazing result. A good money management strategy and having the courage to make the right decision in time are some key factors that should be on our minds. Without proper money management your portfolio can be at risk so I wanted to know the overall strategy. The plan to enter a trade, exit from it and use a money management strategy.

If you have been in the crypto space for a long time, then you have good experience with the market, and you mentioned you are a holder. If you have proper knowledge and if you have made profit from trading in the past, then surely you can earn good amount of money daily by trading. Moreover, if you adopt a good method for daily income from spot market, then surely you will be successful. It will be possible to earn $50 to $100 dollars per day by spot trading, in which case you need to increase the amount of money for investment. If you start trading with high amount of money, then you can make more profit in case you need to increase the amount of money to trade later. You can't earn much daily with small amount of money, so you need to go to higher money level. Moreover, there are risks involved, and you have to avoid those risks and be careful otherwise you may lose money.  To manage your risk, you need to analyze the market well before trading. And should you use stop loss while trading so that you don't lose much, but you can earn this amount daily.

Don't think a person with a low portfolio and low investments can take a huge profit from it. Trading requires certain things to get a decent profit which includes a better portfolio.

Also, a trader should learn when the stop loss should be used. If he didn't have good knowledge about it, then it would be too risky for the trader to carry on profit.

Analyzing is also a present step in trading, someone should analyze before trading and also he should have to watch the graphs and gain some knowledge about the coin he wants to invest. Also, he has some knowledge about when to take trade entry and when to exit from the trade. Day trading is only good for those who have a proper knowledge of trading. He only can take that much profit which he mentioned in his post of about $50-$100.

And don't forget luck because even a high skilled trader can't have a 100 percent winning rate. That is because luck isn't permanent. If the amount we set is too much for our capital, we may not achieved it most of the times but it is still possible to earn excessive amount sometimes when our luck kicks in.

Spot trading is the very basic of trading and like you many people prefer it as it was also easy to initiate and less risky than other advance types or variations of trading. Being less risky doesn't mean the profits we can get are only minimal and so what if it's only minimal? As long as we can consistently make it and save it, they can still grow huge.

Yes, what’s your propose of doing In trading is not a bad idea, both greed is gonna fuck everything up I would advise you to just stick on what is working for you because Trading is what you can’t really predict. Day to day trading is good, but it’s not as easy as you think it requires a lot of analysis. I’m getting on previous street so I would advise you just continue on your particular Trading, which is the long period Trading as long as it works for you continue with that I don’t see much fun trading.

Since you have enough knowledge about cryptocurrency. Cryptocurrency market is always volatile so in cryptocurrency investment you must carefully check the market and invest. You must have a long term plan in cryptocurrency investment. Many successful traders lose patience when it comes to investing in cryptocurrencies, so investment must be patient. Patience is a very important thing. Long-term planning is needed in cryptocurrency investing. We must check the market and if we can invest patiently, we will definitely be successful with cryptocurrency investment will be

     You want to make a change, right? and you want to try to earn trading 50-100 dollars a day, right? That earnings is possible, but it depends on the level of knowledge you have in the trading op. In my experience, if you trade a large amount of money in one day in trading, it is possible in futures, perpetual, margin and derivative, and even spot.

     But like I told you, that depends on the knowledge you have in trading. The question is, is the trading operation deep? because if it's just basic, I think that's enough to get the earnings target you want. Also, for your information, there is no fixed amount of profit in trading.

That's possible.

Many treats day trading as their day job but the amount of capital they roll over is also enormous. Not just that, they have tested a lot of times, failed trades many times until they reach their peak that they can read the market and get decent profits with that target.

Since you've been in the market for so long, slash an amount from your holdings that you afford to lose and do that as your testing phase. It doesn't matter how long you're going to do it as long as you get familiarized and build your strategy from that period.

It's not easy if we can't do it well and greed will lose the assets we have in trading. If we can't trade well, it's certainly not a good thing to do daily trading because this will cause us more losses. We will get more profits from the trades we make. To be able to make a profit in trades we must be able to carry out correct market analysis and we choose the type of coin that has the potential to make a profit in the trades we make, but if we cannot analyze the market well It would be better for us to avoid trading and invest to make a profit.

Well, honestly speaking, the strategy you use in stocks and forex that you get profit from can also be applied to crypto trading, as far as I know, because the trading movements in stocks and forex are the same as in crypto trading or bitcoin. The only difference between fiat and digital currency is that its volatility level is higher compared to stocks or forex.

Today, traders in stocks or forex are mostly traders among them who are switching to crypto or bitcoin and holding bitcoin and top altcoins because of the bull run that is coming. That is the truth.

Wanting I notice concerning Trading is greedy and not being patient enough to me. You are right, but I would advise you to calm down. It’s not just easy as you think, but it is somehow good you can proceed because it risks and take the risk, you can go into Altcoin and buy some coins and wait for it to rise that you can make some profit and always go coin market cap to see how different coins are going and their strategies I don’t really have much method.

There are legit traders who focus on one market and dont move to others recklessly and then there are showoff traders who talk big and dip their hands into non-crypto trading and eventually bring their burnt out faces back to crypto.

Indeed, no one speculative market trading is superior, all have their own pros and cons. But if one person is well versed in a certain type of market, they should keep themselves limited to that one only. However getting a fixed or close to fixed amount every day or month is near impossible because trading is not like a job that pays you a fixed salary. Sometimes you get a good profit sometimes you dont and hence the mindset should be like that only.

The capital you are using to trade at the moment will determine if you will be able to earn such amount of profits daily or not because, many traders in this forum are use to long term trading and that is where they use to achieve the kind profits they want from their trading.

That's why they always advise newbies to acquire the knowledge of crypto trading before embarking on day trading or long term trading  because, if you don't have the knowledge it will always make it difficult for you to earn in a due season.

As you say you have been in trading for quite some time and are quite proficient.  So I would say if you feel you have enough understanding of both technical analysis and psychology then you can do day trading.  Day trading can only be done by those who are very proficient and skilled in trading and many people are also making a lot of profit from day trading.  But if you have little knowledge about trading and if you feel weak then day trading is not for you, you should invest in long term trading.  Long term trading is very profitable and many people do it.  And I myself believe in long term trading.

When you buy a coin and hold it long-term, you must be considered a holder. And when an investor buys a coin and just waits for some profit and sells that coin again quickly, it is called day trading. Since you bought some coins and kept them in your wallet for a long time, it can definitely be considered holding. It is possible to make $50-100 daily profit from spot trading but you must start trading with a budget of $5k or more and be an expert in trading. However, you will not get regular profit guarantee

I believe that one should always keep learning something new but one should not experiment on anything without learning. I agree with you that trading is not like a job in which one gets a fixed income. I know a lot of people who make a lot of profit in day trading because they have mastery over their work and their market research is huge. They have learned very well when to invest, in which coins, and when to close our trades.

Trading is not a child's play in which anyone can experiment and become successful. I can say that if we understand the market well, we can benefit a lot from it, but this can only be possible if we work hard ourselves, do our research, and do not follow what everyone else says.

I would say no at first because spot trading can earn you $50 to $100 per day. Maybe you are very experienced with crypto trading but no matter how experienced you are you can get hurt anytime due to market volatility. Some times it is seen that even experienced traders are affected just because of the volatility of the market. So many people including us are not so experienced that we can earn 50 to 100 dollars per day through trading.

Since you have been in cryptocurrency for years and have a good understanding of the market. Since you have experience in cryptocurrencies, you know how risky trading is. Whether you can earn $50 to $100 per day with Spot trading will depend on your complete trading skills. I don't use trading method to increase investment, I hold investment in my crypto investment until profit is coming from it. If you choose trading to innovate in the field of investment, you need to be very patient, gain a lot of knowledge. I mean if you have extra money which you don't mind losing then with that amount you engage in trading.

Profit in trading is not definite so if someone think that they will earn exact bound amount from day trading then they will be wrong because even expert loss some percentage in week or month and sometimes they will loss and sometimes they will win.

For trading one should be fully prepared with knowledge, experience and large amount of money because there is a greater chances that at starting trader will loss big amount so be prepared with large sum and greater knowledge.

May be if you get experience by trading for years then your chances of winning increases but still there is no contract that you will win on daily basis from each trade.

Thus, trading everyday and earning even a minimum of $50 is very hard what more aiming to earn $100 a day, you can trade everyday yes, you can do day trading but remember you will not always have a win trade or gain profit from your trade, no matter how skillful or knowledgeable are you in trading you will still experience the lose trade, even experts in trading saying that trading is very hard as the currency or market is a very complex and volatile market, so anytime it can changes even you have an higher percentage of accuracy in your analysis or technical analysis everything could change because of the movements in the market youre trading, so maybe aim to atleast earn even small profit everyday, sont set a minimum profit because you will only end up chasing that and might experience more lose than profitable trade, anyway goodluck in your trading career, give some updates sometimes.

Leverage is your key if you can't do it with a spot. But it's doable with spot but you have to start with huge capital which seems that it's hard to make it. I've tried to do it before but I can't because of capital of mine was less. If your goal is to do it on a daily basis then you might have hard time doing so. $10-$20 could be doable but you have to check the market at most times and you can imagine how much effort you need to do if you want more of it.

Day trading is good when you have the skills to carry out your training to become successful, but it require huge amount of money before you can earn big profits from it but those who don't have the skills always experience losses from their day trading.

The day trading need steady attention and anything that will make you not to pay attention,  it can result to loss because you need to reduce other business activities so that you can be focus to follow up your training to achieve profits.

I guess long term trading is more profitable than short term trading because when I started day trading in the past, I was earning profits all the time but since I increase my capital to switch to long term trading, I discovered that long term trading is profitable than short term trading.