the.jack20 (OP)
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February 05, 2017, 08:56:54 PM |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading? Are there any people among us who can make a living by trading in BTC?
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Henkkaa
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February 05, 2017, 09:08:16 PM |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading? Are there any people among us who can make a living by trading in BTC?
There is no easy way to make a living with bitcoin trading. You need a lot of experience in knowing where market will shift, which new coins are promising (ICO's can make a lot of money if predicted correctly). You need large capital and the mindset to handle losses; You can lose a significant money in a day because market or coin crashing, but you can't get emotional about it. That being said, it is possible to get very decent monthly profits from trading. Just need a lot of experimenting, knowledge and capital. To start, try to learn as much as you can, deposit 0,05BTC for example to Poloniex, and practice. Set yourself rules to handle wins and losses, and make an investment plan. WARNING: If you make investment, coin skyrockets, you make a ton of money, DON'T start investing much bigger amounts; stay with your investment plan.
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ophyrim
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February 05, 2017, 09:31:42 PM |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading? Are there any people among us who can make a living by trading in BTC?
I can never suggest someone to earn his/her life with the trade. You can trade and earn some extra money but fixed income is different. Even very experienced trader can lose big money at the trade. I dont know if there is a way or not for fixed money at the trade but I am sure that trade is for some extra money.
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carlfebz2
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February 05, 2017, 09:42:06 PM |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading? Are there any people among us who can make a living by trading in BTC?
Not sure on this one because bitcoin trading would be hard to earn money even if you are doing short trading because price of bitcoin doesn't move to fast if you are depending on monthly gain I think it would not be sufficient to sustain your living on constant way.its not ideal to rely on it.
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Shady
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February 05, 2017, 09:43:25 PM |
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Miners have been digging nodes for almost a decade, so yes there's people currently doing it in other ways. Living off it is guaranteed if the line graph was mastered.
Forget about the wonder one has inside, the gist to what you can do right now opens up imagination to dive in... Avoid the risk or take it to better yourself and any more if chosen.
There's a learning curve here in which the person has to get through phases to walk with success, everything you asked can be done as hard as you make it. Don't bother thinking fear ends you, BTC just jumped up 3.5x, these gains likely will push interest every day if picked right.
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Pattberry
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February 05, 2017, 09:55:43 PM |
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Miners have been digging nodes for almost a decade, so yes there's people currently doing it in other ways. Living off it is guaranteed if the line graph was mastered.
What kind of miners are we talking about here and what nodes are they digging for almost a decade ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) People who are into bitcoin at an early stage made millions without a doubt and most of them are living off of it without a doubt. And to the topic trading cannot be considered as a job to earn you monthly wages as you never know when you are able to book your profits.Like any trading you need patience if you are really planning to make some money through bitcoin trading.
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tabas
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February 05, 2017, 11:20:59 PM |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading? Are there any people among us who can make a living by trading in BTC?
No. It is not possible to have fixed monthly income/profit with trading. Because the prices are changing continuously so there's no assurance that you can earn fixed. There are people who are making trading as their main source but it is better to have some other way.
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JeffBrad12
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February 05, 2017, 11:43:31 PM |
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Is it possible to do this by bitcoin trading?
Yes, it is. can I just do this by dealing with BTC trading? Yes you can, i have made my daily income with bitcoin trade. Are there any people among us who can make a living by trading in BTC?
Yes there are, a lot of the people have made his life caused by trading. Just try it and get your life. I have made over 20 bucks everyday.
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European Central Bank
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February 05, 2017, 11:47:11 PM |
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it sounds more to me like you're looking for some type of passive income. there's certainly no way bitcoin trading can provide that. you have to have your wits about you constantly and be ready to change your position whenever necessary.
and the people who claim they make a consistent profit are either talking out of their ass or blew thousands until they were good enough to make a consistent profit.
the next closest thing to passive income with crypto is probably staking some type of proof of stake alt but the value is likely to fluctuate wildly.
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The Sceptical Chymist
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February 05, 2017, 11:53:19 PM |
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Nothing is consistent or predictable in the world of trading, and every institution that engages in trading knows this. You want something like a stock dividend I think. There's no way you can get a consistent return by investing in anything crypto-related. Don't believe these fucking retards on this forum who promise you these sorts of things. They're all scams (e.g., the entire securities section here). What you might want to do is actually buy some stocks that pay dividends. It's the only way I know of that you can get a predictable income. Or bonds.
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Strongkored
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February 06, 2017, 02:40:31 AM |
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I think it's not impossible to get income from trading, though it is a bit difficult to predict how much could be gained from trading, I have seen on facebook someone who is trading and makes trading as the main job and earn income from trading, and using funds at least more than 10 Bitcoin, His income isn't constant but He live from trading activity.
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Dudeperfect
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February 06, 2017, 04:03:45 AM |
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Yes, you can earn constantly from bitcoin trading but for that, you should have proper decision-making power (a.k.a experience). Even if you could make 1% a day then at the end of the year, you would have 365% gain on your capital. Constant trading with smaller amounts, monitoring price charts, movement behaviour would help you to gain experience.
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noictib
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February 06, 2017, 04:31:47 AM |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading? Are there any people among us who can make a living by trading in BTC?
Of course in the bitcoin world thier are many people who are making money for living there life easy and fully with only bitcoin deals but sometimes It is not easy to make money with bitcoin trading only . So Here I will suggest not to do only bitcoin trading but to do work of altcoin trading also because altcoin is also more impactful for us( if we do use our mind sharpy and using stretagy ) . So here allover I will say instead of going in single way go to multiple ways of earning bitcoin because if one idea became fail than other still will work .
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icecube45
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February 06, 2017, 04:54:50 AM |
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I personally can not always get a constant monthly gain in bitcoin, because I sometimes do not follow the fluctuations bitcoin because of busy so can not always see the development of bitcoin. But I have a friend who can get a constant monthly gain from trade bitcoin. My friend always trade with capital of around 3-5 bitcoin. And he said there are several techniques such as if the market conditions are negative, if the market conditions are positive, and if the market conditions are stagnant. I've tried and did it successfully get profit. But the important thing we have to follow the market development, good analysis, and should have a profit target.
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KennyR
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February 06, 2017, 05:37:52 AM |
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I personally can not always get a constant monthly gain in bitcoin, because I sometimes do not follow the fluctuations bitcoin because of busy so can not always see the development of bitcoin. But I have a friend who can get a constant monthly gain from trade bitcoin. My friend always trade with capital of around 3-5 bitcoin. And he said there are several techniques such as if the market conditions are negative, if the market conditions are positive, and if the market conditions are stagnant. I've tried and did it successfully get profit. But the important thing we have to follow the market development, good analysis, and should have a profit target.
That's true, with trading can earn good but as mentioned everyone cannot make a fixed earning. For trading purpose lot time need to be spend. From the above quote itself its true that the guy spending long time even with 3-5 bitcoin earning a fixed income following several strategies.
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pooya87
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February 06, 2017, 05:47:28 AM |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading? Are there any people among us who can make a living by trading in BTC?
yes it is possible and there are people doing it and making a living from trading, bitcoin or altcoins. but the question is if you can do it or not. trading is not an easy task, it needs a lot of experience, and you have to dedicate a lot of time learning it first. and then when trading it becomes a stressful job when you are investing a lot of money in it wanting to make a living out of it. are you prepared for that?
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traderethereum
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February 06, 2017, 06:01:48 AM |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading? Are there any people among us who can make a living by trading in BTC?
if you don't have any knowledge in trading then you can not generate constant amount in monthly so you need to learn with hard to do trading because if you mastered in trading, you will be able to make constant revenue from trading and finally you can make a living by trading in btc. i can say this because i have a friend that he only doing trading btc-fiat and he can make good profit in daily and every weeks, he can wihtdraw his profit and make a living from just doing trading in btc. so you need work and learn many thing that related with trading and you need to mastered it.
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legendbtc
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February 06, 2017, 08:32:26 AM |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading? Are there any people among us who can make a living by trading in BTC?
You will make more money through bitcoin but consistently every month it is not possible through bitcoin trading. Bitcoin investment is long term investment where you can huge amount in long term. But you will make some consistent with altcoin because there will be a big pumps and dumps in the coin. But no guessing here exactly how much you make, it depend on the coin you choose.
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Immakillya
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February 06, 2017, 08:59:26 AM |
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Nope. Theres no fixed income on bitcoin trading. If you dont know that bitcoin is very volatile. Now you know now. The bitcoin price can rise sharply or drop sharply. Your income will be not consistent. But you can earn higher than you expected if the price surge occur. Like whats happening right now.
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veleten
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February 06, 2017, 09:20:22 AM |
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yes,you can crete an additional income source with bitcoin trading will it be fixed income? probably not trading results depend on many factors,some of them are out of your control,like state of the market,for example you can try and get a steady income by using trading bots like gunbot or cat https://bitcointalk.org/index.php?topic=1715214.00https://bitcointalk.org/index.php?topic=507103.0although you are requred to have some basic knowledge of how exchanges and trading works
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