Ive put my hand to trading alts a few times and made some profit, But for those of you who trade altcoins as their main source of income how much do you manage to make each week/month and how much collateral do you need for trading to try and earn this much per week.
If i was to live just off trading id need to be making at the very least about $400 a week just to get by, How many bitcoins do you think i would need to risk each day to achieve this?
Thanks
400$ a week = 60 $ days = 10$ x 6 hours of work or trading.
I think it's possible if you know what you buy, and when it's the right term to sell.
About how many btc you need, I think no less than 15-20 btc, and 2 btc as investment in trading tools etc etc
Right off the mark thats quite a big investment youd have to risk losing, Maybe the ones who make a real killing are those who have made previous big gains from bitcoin in the early days. I wonder if bots are essential in trading these days or if some of the bigger players just do all their buying and selling manually? Id be too worried that a bot could be influanced by other people messing with the price and end up costing you all your profit.