Make a Living Trading?

[hermanhs09]

You would require to have a good amount to money so that with few you can trade, some you can buy alt coins and for some you can hold btc and if price rises you can sell or hold for some months.

Yeah that's a good suggestion spread that huge amount of money on different markets like putting some money on alt coin market to grow that capital faster because there are much of coins that are available on market and most of them are very easy to manipulate because you have a lot of money. And put the rest of your money on bitcoin and just hold them for a long term investment and i'm sure just after 4 years or more the amount that you invested will surely doubled .

That is a good idea indeed.
Doing diversify is the best thing you can do if you really want's to invest money in some low % return,it keeps you safe and in many ways
you can earn more doing this.

[Legasean]

You can make a living with trading but its still the question if its really worth it because in my eyes its compared with gambling.
Trading can let you lose a lot of money but it also can let you earn a lot of money its luck that is involved with it.

You can make a living with all kind of methods from the bitcoin, you are right about the fact that trading is a nice way of earning.
I would not make a living from it because its depending on luck so that is also true.

[Piltover]

There is a way of doing it but I do not recommend  you to do it because luck is involved with it and it can be compared to gambling.
Because of this its not the best thing you can do and you should also not do this.

[CoinBreader]

Hi!

What do you people think about making a living by trading BTC/USD or BTC with other ALT Coins?

Do you think it's possible to make a living with an excellent starting capital? ($100k ~)

I am looking to get at least $5000 per month profit with this capital

Can we have this kind of income as a "sustainable income."

Is anyone making a living trading? What kind of strategy do you like more.

Whats your trading skills look like ?
Have you ever trade before ?

[newcoins1978]

Making a living with trading is possible but I think its not really worth doing it everyday, it can be profitable but also has a lot of risks.
Due to the fact there is also some luck involved you can also lose a lot of money in a relative very short term.

Overall I do not recommend you to make your living from trading.

[lightyard12]

You would require to have a good amount to money so that with few you can trade, some you can buy alt coins and for some you can hold btc and if price rises you can sell or hold for some months.

Yeah that's a good suggestion spread that huge amount of money on different markets like putting some money on alt coin market to grow that capital faster because there are much of coins that are available on market and most of them are very easy to manipulate because you have a lot of money. And put the rest of your money on bitcoin and just hold them for a long term investment and i'm sure just after 4 years or more the amount that you invested will surely doubled .

That is a good idea indeed.
Doing diversify is the best thing you can do if you really want's to invest money in some low % return,it keeps you safe and in many ways
you can earn more doing this.

Yea, if you invest too much BTC into one market, you can lose most of your BTC, or gain a lot of profit with them. It's the way it is when the insecurity of the market.

[The_prodigy]

Making a living with trading is possible but I think its not really worth doing it everyday, it can be profitable but also has a lot of risks.
Due to the fact there is also some luck involved you can also lose a lot of money in a relative very short term.

Overall I do not recommend you to make your living from trading.

I think it is possible to make your living with trading. As long as you have a good strategy and a great skills in trading and you can earn a decent profit from your trades. Besides, my uncle is a trader and he is very good at it. I want to learn trading also but I am not that gifted. hahah I dont know what strategy he is using and how he trades because I never ask him for that. But I think he is trading in forex and It is more complicated than trading bitcoins right ?

[electronicash]

its always possible. the thing is that crypto market doesn't always have trends like how the forex does.
Fiat always moves differently and that you are allowed to borrow leverages to which can amplify your earnings. so its better to do it on FOREX but that is if you learn it well too.

[btcdiggingmaster]

Yes you will make more money with your investment, but you have to make decent ideas in crypto currencies, some time it will be very high it seems,some times suddenly it will go down.

planning should be their with your investment, according to your plan you can make tons of money. don't be hurry when it goes down..just wait patiently and sell them at good price.than you will make good profit.


Thanks

[entrepmind23]

its always possible. the thing is that crypto market doesn't always have trends like how the forex does.
Fiat always moves differently and that you are allowed to borrow leverages to which can amplify your earnings. so its better to do it on FOREX but that is if you learn it well too.

Forex has been long existing and many has already have an established strategy on how to gain from it. With the amount of capital you have ($100k), I guess it would be better if you trade forex because the price is more stable than bitcoin where you cannot predict the movement just yet because of its volume and many people/exchanges hold amount that can greatly affect the price movement like the recent hacking. You just have to research and study forex and it would be better if you have a mentor that will guide you. You can still opt to trade bitcoin but its more risky than forex because of the sudden price movements. 

[Herbert2020]

its always possible. the thing is that crypto market doesn't always have trends like how the forex does.
Fiat always moves differently and that you are allowed to borrow leverages to which can amplify your earnings. so its better to do it on FOREX but that is if you learn it well too.

Forex has been long existing and many has already have an established strategy on how to gain from it. With the amount of capital you have ($100k), I guess it would be better if you trade forex because the price is more stable than bitcoin where you cannot predict the movement just yet because of its volume and many people/exchanges hold amount that can greatly affect the price movement like the recent hacking. You just have to research and study forex and it would be better if you have a mentor that will guide you. You can still opt to trade bitcoin but its more risky than forex because of the sudden price movements. 

also don't forget that many of the crypto markets (most of the altcoins) are full of manipulation some of them smaller and some larger manipulation percentage. and that always makes it harder to trade. although i have to say manipulation exists everywhere even in forex or stocks market but the bigger a market is the smaller the effect of the manipulation will be.

[Wandering Soul~]

You can if you got the skills and a decent amount of money. But it is still risky cause you should be lucky enough although I think your idea is great and is worth giving a try

[Fatanut]

It is indeed possible to make a living out of trading altcoins but its quite unlikely if you're going to try out every single one of the alt coins out there. At first you're gonna be needing a decent amount of capital and skills. And then you're going to need to do some research first before you put your money into an investment because there's a lot of scam coins out there. You should be in a group as well so you could always for help and advice from experts.

[Red-Apple]

it depends on how much experience you have got in trading, if you have a long history then i think it is possible.
but in general for everybody who is trading, whether you are new or experienced, trading is risky and trading in crypto world is even riskier because of all these manipulations.

[crossabdd]

I make a living from trade, but I do not have a lot of capital. but enough for me to make enough profit.

trading altcoin more potential to benefit greatly, with many choices of coins and the price could rise up to 500%.

more capital, it is easier to make a profit. but it all depends experience and your strategy.

[electronicash]

its always possible. the thing is that crypto market doesn't always have trends like how the forex does.
Fiat always moves differently and that you are allowed to borrow leverages to which can amplify your earnings. so its better to do it on FOREX but that is if you learn it well too.

Forex has been long existing and many has already have an established strategy on how to gain from it. With the amount of capital you have ($100k), I guess it would be better if you trade forex because the price is more stable than bitcoin where you cannot predict the movement just yet because of its volume and many people/exchanges hold amount that can greatly affect the price movement like the recent hacking. You just have to research and study forex and it would be better if you have a mentor that will guide you. You can still opt to trade bitcoin but its more risky than forex because of the sudden price movements. 

Exactly.  A good  Forex trader doesn't have to trade every day like a scalper. he just need to wait for obvious win-win trend before entering a position. We can also apply this on Binary trading here in bitcoin but that would be a long wait unless you already know how to look at the charts. So learning forex trading is essential because its still a double edge sword, you could profit well or loss big due to its borrowed leverages.

[Hellacopter]

Make a living by trading is possible, but you need to start with huge budget, and also you should having really good knowledge and experience about this domain

[nejibens]

I think it's not easy to make a living with trading if you don't have good experience and especially a working strategy, and if you don't study the altcoin's market daily

[Mzie]

For that amount of capital surely you can make $5000 profit of even more in a month. My only concern is having $100K in an exchange, something might happen to the exchange , maybe get hacked , or your account gets hacked. You should however figure out a way of keeping $100K worth of altcoins in  a separate wallet and then deposit your profits into trezor wallet. It's a suggestion but to answer you ,thats a very good capital to start with

[shinratensei_]

Make a living by trading is possible, but you need to start with huge budget, and also you should having really good knowledge and experience about this domain

This domain? what a relationship between domain and trading?I'm missing understanding about this. not good for a newbie to starting with a huge amount. maybe for the advanced it's possible for that.