What percentage of traders profit?

[mk4]

This will depend on the traders I think. Because there are some traders buying altcoins for short term and long term, both of this two you can get profit. If you try in a short term there are traders get profit from 5%-15% but in a long term from 500%-1000%.

Yes this is valid for traders, but I don't believe most of them are losing a lot. In pump times, all positions earned something but it lasted. Now, not more than 25% should be winning.

I believe the only ones that are really losing money are the ones that who just buys because of the hype, then panic sells when a dip in the price occurs. In my opinion the chances of you losing money when holding for the long run is really really REALLY low. That's why this is the type of investment I'm going for. High chances of profit and higher profits in general.

[gabmen]

This will depend on the traders I think. Because there are some traders buying altcoins for short term and long term, both of this two you can get profit. If you try in a short term there are traders get profit from 5%-15% but in a long term from 500%-1000%.

Yes this is valid for traders, but I don't believe most of them are losing a lot. In pump times, all positions earned something but it lasted. Now, not more than 25% should be winning.

I believe the only ones that are really losing money are the ones that who just buys because of the hype, then panic sells when a dip in the price occurs. In my opinion the chances of you losing money when holding for the long run is really really REALLY low. That's why this is the type of investment I'm going for. High chances of profit and higher profits in general.

Yeah that's right. Traders who usually get in during a hype lose money. It's happening mostly for beginners and it happened to me quite often back when i was just starting. Though if you have someone guiding you, you probably won't be tricked to riding a hype. And if you tslk about percentages, i don't think there are a lot of people making these kind of mistakes.

[Xavofat]

This will depend on the traders I think. Because there are some traders buying altcoins for short term and long term, both of this two you can get profit. If you try in a short term there are traders get profit from 5%-15% but in a long term from 500%-1000%.

Yes this is valid for traders, but I don't believe most of them are losing a lot. In pump times, all positions earned something but it lasted. Now, not more than 25% should be winning.

I believe the only ones that are really losing money are the ones that who just buys because of the hype, then panic sells when a dip in the price occurs. In my opinion the chances of you losing money when holding for the long run is really really REALLY low. That's why this is the type of investment I'm going for. High chances of profit and higher profits in general.

My estimate is around 10%.

Most of the people on this forum, for example, are pulled along with hype.  "Look!  The price is going up!  Time to buy!", or "Oh shit!  The price is going down!  Time to sell!"

They almost always lose money.  The whales that start these things with shitcoins have full control.

[Rahar02]

I would be very interested in this.  For those that do this full time as their job, what percentage of these traders would you say profit per year? 


Obviously people who trade recreationally, the success rate is much lower right?  But i would be very curious about this.



I'm also curious how much people would you say trade currency as their full time job?  Most importantly, how much money would you guys say you need to make money trading coins?  Let say you want to profit $50,000 a year.  Would you say you probably need like $150,000 in free cash to do something like this?  By that, i mean have $150,000 in your bank account/trading account combined in order to manage $50,000 profit a year?  also would you say trading currency is easier/harder than those people who trade stocks?  Because from it seems, its like most coins seem to go up right?  How many total crpttocurrency coins are there right now?  How many coins have failed where that coin no longer exists?  Or do these coins just stay at 0 and still exist etc?


I also heard people trade currency such as usd/euro as well.  is that harder/easier than stocks?  What about compared to cryptocurrency?


Because it seems like as long as you get these coins when price is low and there is promise to these coins like they are in the top 10 or 15 list, well wouldn't it just be wise to at least buy them?  Also if you use the concept of buy low and sell high, then shouldn't that you give you advantage?  For example if ETH is $300.  you buy 200 of them at $60,000.  Now it goes up to $350.  You immediately sell them all and profit $10000 minus the fees.. lets just say its 1 percent or 100 dollars.  So you made $9900.  But of course it could drop to $250 and you are down $10000.  But basically just wait until it goes above the price and then sell.  The issue with this i know is well a coin could just plummet and never go back up.  But even if it does that, well it can always still go back though it might take a very long time.  So imagine a person buys a lot of ETH, zcash and coins that have lot of good reviews from people, then shouldn't this give an advantage?  Of course you arent going to buy some coin that has a ridiculous name like leocoin since nothing will probably come out of that coin.


Thoughts?

Too many newbie questions for hero member I guess.
There's no any guarantee in cryptocurrency trading obviously, you can't expect to buy altcoins at low and sell it at higher price as you've said it could drop and you will loss then. But, huge amount of capital has higher chance to get more profit  as long as you invest on the right coin and be patient waiting for it rise up. Latest drop of ethereum around $210 and yesterday it could recover to $316, so whoever have bought ethereum as much $150,000 at $210/1eth and sell it at $316 already made $75,714 USD profits minus 1-2% fees, make sense to those who dare to invest such amount of money.

[mclone]

Like many businesses there are many trader types and to be trader one must know how to win in one way or another. Even 1 percent daily revenue can make man trader. I suspect the bigger the trader gets he makes smaller percentage per day. you can not win much if there is not enough volume of buyers, if you know what you're doing and paying the bills you are a trader.

[streazight]

50% of traders must be most probably accurate answer here.

But practically one high volume trader will be losing that money may go to some 10 traders too. Because one person's losses may the profit of another person but trading does not need to happen one to one manner. There could be more possibilities for one trader against multiple trader kind of scenario always. Hence I believe we cannot be sure what percentage of people are making profits.

[beerlover]

50% of traders must be most probably accurate answer here.

But practically one high volume trader will be losing that money may go to some 10 traders too. Because one person's losses may the profit of another person but trading does not need to happen one to one manner. There could be more possibilities for one trader against multiple trader kind of scenario always. Hence I believe we cannot be sure what percentage of people are making profits.

I understand you are contradicting yourself.
But the real fact is we cannot be sure how much percentage of traders are making profits. Moreover there could not be any accurate data on this will be possible. Losses are part of trading, so a winner might turn into loser some other day.

[raven7886]

50% of traders must be most probably accurate answer here.

But practically one high volume trader will be losing that money may go to some 10 traders too. Because one person's losses may the profit of another person but trading does not need to happen one to one manner. There could be more possibilities for one trader against multiple trader kind of scenario always. Hence I believe we cannot be sure what percentage of people are making profits.

I understand you are contradicting yourself.
But the real fact is we cannot be sure how much percentage of traders are making profits. Moreover there could not be any accurate data on this will be possible. Losses are part of trading, so a winner might turn into loser some other day.

But forex markets are revealing how much traders are making profits and who are all remaining losers.
But I believe those things are just approximate data based on few survey and studies. I too believe 50% can be a good answer here because one trader makes losses and that money goes into another trader to bring profits for him.

We can ignore how many traders will be sharing those profits. Literally in any type of trading there could be 50% of people will be making profits.

[cointhiscointhat]

I successfully trade stocks and cryptocoins, so much so that I am able to live off of my earnings.  I would say that trading cryptocoins is definitely more difficult to trade than regular stocks because companies on reputable stock exchanges (NYSE, NASDAQ, LSE, etc.) are mandated to provide a significant amount of information to the public which makes it easier to predict stock behavior - this is not the case with companies that go ICO.  But cryptocoin trading, when done right, can certainly lead to larger profits than the traditional stock market.  You must note though, the coin market and stock market do not behave the same. 

I personally measure my stock trading success by percentage and dollar value of my portfolio.  I measure my crypto trading by the Bitcoin value of my portfolio.  Use common sense, start out small, and know your chosen industry well.   
 

[Nahl]

for me this is just a theory but hard to do so indeed many people had expect the best percentages of profit during their trading activities but in my view there is no exact amount of percentages for profit in trading in one year because the profit for each days will not same even some of days there is possibility the traders will facing huge losses because had a wrong step and can't recover their basic capital and have huge amount of basic capital will not guarantee get steady profit even huge capital had a risk huge loss too

[digaran]

If it was for every body to earn profit without any exceptions then it would've been called ponzi just like Yovi coin in Yobit, triple lol.
The place where you could always score some points is where ever they shoot porn, double lol. I believe most of the losers are the ones fool enough investing in ICOs and trading ICO scam coins otherwise coins like BTC and LTC actually are the most profitable ones beside ETH of course. just visit Yobit and you'll see 98% of listed coins have no buy walls but have thousands of sell walls waiting to be sold to idiots in Bitcoin.
In Bitcoin most of the traders are profiting due to the scarce nature and originality of it every day new investors entering and the previous ones earning.

[layoutph]

Hi Mr. OP, to answer your question about the trader's profit. You must know that trading has a lot of factor to consider: Coin to trade, Bitcoin price, etc.. The month of March 2017 to April 2017. I used to get a profit of 300% on March and 200% in April. The month of June is crucial where Bitcoin is having lots of correction and retracement. So earnings for the month of June is 4%

[carlfebz2]

Hi Mr. OP, to answer your question about the trader's profit. You must know that trading has a lot of factor to consider: Coin to trade, Bitcoin price, etc.. The month of March 2017 to April 2017. I used to get a profit of 300% on March and 200% in April. The month of June is crucial where Bitcoin is having lots of correction and retracement. So earnings for the month of June is 4%

This is true, theres no accurate assumption of % profits on monthly basis knowing the volatility of bitcoin we cant be sure to have constant profits or either losing amounts. Bigger bankroll like been mentioned on op about $150k wont guarantee you to make 50k per annual,its possible but depending on how you do trade and knowing this field that there are lots of things to be considered and to bel earned first for you to be able to be profitable.

[joganuts]

As far as i understand it doesnt really need to have a big bankroll on starting on doing trading either on forex or crypto but having a bigger ones does really have an advantage since you can arrange or set your lot size anytime you want. Preparing trading set-ups would be similar on both field since they do both trading the difference is the thing you are trading too and i would say price movements prediction is the hardest part of being a trader but as you trade you do gain experience which can mold you to a better trader later on.If i do have the money i will extent on both fields and by the way im doing binary options trading.

Setting and planning for a big start on trading can be an advantage of an individual when it comes on trading. It is not necessary but when you will manage it right it can be a vital for you to earn more. For me making and preparing for an future trading can be an help for you to know when and where you will put a high amount of your bitcoin in fact in may organize your premises on a organized form of trading. Making sure you will do your part to monitor the price and limit your trading when it comes to changes. Adopt and trade for options.

[flower1024]

Hi Mr. OP, to answer your question about the trader's profit. You must know that trading has a lot of factor to consider: Coin to trade, Bitcoin price, etc.. The month of March 2017 to April 2017. I used to get a profit of 300% on March and 200% in April. The month of June is crucial where Bitcoin is having lots of correction and retracement. So earnings for the month of June is 4%

This is true, theres no accurate assumption of % profits on monthly basis knowing the volatility of bitcoin we cant be sure to have constant profits or either losing amounts. Bigger bankroll like been mentioned on op about $150k wont guarantee you to make 50k per annual,its possible but depending on how you do trade and knowing this field that there are lots of things to be considered and to bel earned first for you to be able to be profitable.

Making a fixed amount of profit in trading is not possible, but we can make a profit in trading. Nobody will tell get the same amount of profit in trading every month. It should be vary depending on the price of the market. To make regular income in trading, you should spend more time in trading and become pro trader then only it is possible.

[Baijit20]

That depends on how much you invested. trading is not my full-time job. I am happy with the profit so far.

[ElitistCA]

That depends on how much you invested. trading is not my full-time job. I am happy with the profit so far.

In my opinion it still depend your strategy when trading and management your funds for keep safe profit and funds, because if you have many money investing to trading, but you not management your funds good, you can loss anytime and the loss with not small, even loss all is possible!