gabmen
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June 20, 2017, 11:56:25 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?
Trading is more on long term investment so the term passive in trading is not accurate, So I think trading is unpredictable job it is more like part time it should not be the primary source of income because you can lose your money in trading, however you can multiply it also so I think trading should not be thought as a job more as an investment. Trading is not for long term because if you tell that it is for long term then it is not trading and it is considered investing because if you trade then you almost do this on daily basis you just buy low and sell high or do scalping like in the forex that you speculate the price and make profits from it. Long term is only good for investment and in trading it is risky because you might buy at wrong price. I guess you can still trade long term, you can do it on a daily basis if you are can really manage your time and the more you trade you will learn a lot which will eventually lead you to a more successful journey. I began trading few years back and it was not easy, I loss in the start but never gave up and I can say now that I have improve and I made profits already. Definitely you will earn profits as you trade longer. There will be techniques that you'll learn along the way, perhaps from experience or from other traders also to help you make successful trades in the future. It's just not going to be a fixed amount like when you have a real job but as it goes in you'll see it's pretty worth it.
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matchi2011
Sr. Member
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Activity: 1456
Merit: 267
Buy $BGL before it's too late!
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June 21, 2017, 07:06:50 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?
Trading is more on long term investment so the term passive in trading is not accurate, So I think trading is unpredictable job it is more like part time it should not be the primary source of income because you can lose your money in trading, however you can multiply it also so I think trading should not be thought as a job more as an investment. Trading is not for long term because if you tell that it is for long term then it is not trading and it is considered investing because if you trade then you almost do this on daily basis you just buy low and sell high or do scalping like in the forex that you speculate the price and make profits from it. Long term is only good for investment and in trading it is risky because you might buy at wrong price. I guess you can still trade long term, you can do it on a daily basis if you are can really manage your time and the more you trade you will learn a lot which will eventually lead you to a more successful journey. I began trading few years back and it was not easy, I loss in the start but never gave up and I can say now that I have improve and I made profits already. Definitely you will earn profits as you trade longer. There will be techniques that you'll learn along the way, perhaps from experience or from other traders also to help you make successful trades in the future. It's just not going to be a fixed amount like when you have a real job but as it goes in you'll see it's pretty worth it. With trading, your income won't be depending on a constant factor. There will be a lot of things that can affect the result of the trade and most of these are inconsistent like the fluctuation of altcoin prices. And since we can't really predict exactly where they're going to move to, we can't expect any exact amount for profit every single time.
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wuvdoll
Legendary
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Activity: 1442
Merit: 1025
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June 21, 2017, 09:37:54 AM |
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With trading, your income won't be depending on a constant factor. There will be a lot of things that can affect the result of the trade and most of these are inconsistent like the fluctuation of altcoin prices. And since we can't really predict exactly where they're going to move to, we can't expect any exact amount for profit every single time.
Some people will never understand how the basics of trading mechanism works and they are still expecting income generation from trading like how they are making with their day job. Making profits from trading is only possible after overcoming many difficulties, sometimes those difficulties may persist for the time being to block profit booking. In those times we cannot be assured to get profits like before. So, commonly a trader can expect and downs with his income from trading.
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MiXxe
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June 21, 2017, 09:59:16 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?
Trading is more on long term investment so the term passive in trading is not accurate, So I think trading is unpredictable job it is more like part time it should not be the primary source of income because you can lose your money in trading, however you can multiply it also so I think trading should not be thought as a job more as an investment. Trading is not for long term because if you tell that it is for long term then it is not trading and it is considered investing because if you trade then you almost do this on daily basis you just buy low and sell high or do scalping like in the forex that you speculate the price and make profits from it. Long term is only good for investment and in trading it is risky because you might buy at wrong price. I guess you can still trade long term, you can do it on a daily basis if you are can really manage your time and the more you trade you will learn a lot which will eventually lead you to a more successful journey. I began trading few years back and it was not easy, I loss in the start but never gave up and I can say now that I have improve and I made profits already. Definitely you will earn profits as you trade longer. There will be techniques that you'll learn along the way, perhaps from experience or from other traders also to help you make successful trades in the future. It's just not going to be a fixed amount like when you have a real job but as it goes in you'll see it's pretty worth it. With trading, your income won't be depending on a constant factor. There will be a lot of things that can affect the result of the trade and most of these are inconsistent like the fluctuation of altcoin prices. And since we can't really predict exactly where they're going to move to, we can't expect any exact amount for profit every single time. Dont assume to have fixed income trading isnt a job . Like you said we can expect exaxt amount in profit because trading earning will be depending on how effective your trade . Instead we can expect more higher income in trading skills and knowledge is the limit.
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Blitzboy
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July 20, 2017, 08:03:40 PM |
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I believe that in trading there is a possible outcome and there is also a negative effect. There are high risk in the trading. Trading is a difficult job. You will buy , wait and sell. You must also know what the time that you will buy or sell.
I guess that was the missing word from your post? Knowing the right time to buy or sell is realy impossible to do, no one can know it. Mostly they are only give prediction what time you must buy or sell your coins. Yeah, that is correct. But I do respect those traders because they can give a prediction which is more than 75% correct and they can easily earn money from their analysis. Therefore, if you want to earn more money, learn more about trading is the best way
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Coffee2015
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July 21, 2017, 04:14:55 AM |
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It is not simple to have fixed income from BTC trading. I do trading and it is almost not-possible to maintain fixed income from BTC Trading. It is possible to have HUGE amount of loss or profit of BTC or less only less/small profit.
Not likely fixed daily.
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JL421
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July 21, 2017, 01:52:27 PM |
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How will you do that trading is really risky i used to lose in gambling because of my luck but now i lose in trading also. Many people told when bitcoin will rise all the altcoins will also rise but I'm still not able to get any profit. Never make trading as a job unless you can survive for months because trading takes lot of time to warn profit
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Rosabel
Newbie
Offline
Activity: 26
Merit: 0
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July 21, 2017, 03:06:50 PM |
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When we doing own business also we earn fixed income slowly. As like that btc trading we can't earn fixed income.when you work hard and invest your btc in good trade you definetly think about the fixed income.
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BitcoinMinierRobot
Newbie
Offline
Activity: 41
Merit: 0
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July 21, 2017, 05:14:43 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?
If you want to live only from trading you need little bit capital, for example 50K account and you must trade with small risk and of course you need a few years experience to know where to trade what. But a good investment startegy you can find on my youtube video, i do that myself: https://www.youtube.com/watch?v=d1gmlbm9L3I
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Xenophoto
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July 21, 2017, 05:46:04 PM |
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Even if you set up a bot that sets a buy and sell order for 2% movement (for example), your income would still not be fixed although it can be stable. It can be stable depending on how good your trading skills are or how good is the trading bot that you're using. It's not going to be fixed because the market moves differently every single day. There are days when the market is moving so much, there are days when it's barely moving.
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Pfizer
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July 21, 2017, 06:07:04 PM |
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It is not simple to have fixed income from BTC trading. I do trading and it is almost not-possible to maintain fixed income from BTC Trading. It is possible to have HUGE amount of loss or profit of BTC or less only less/small profit.
Not likely fixed daily.
It's impossible to have fixed income with bitcoin in this market. Guys claiming this are dreamers of passive income thing. Trade is unpredictable and the income/loss changes very sharply.
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pinkpanther03
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July 21, 2017, 11:45:24 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?
It is possible that you can earn fix but no fix amount of bitcoin of how much it is. Because it is most likely that the traders used their prediction annd technical analysis when doing trade in the platform.
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Rizky Aditya
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July 23, 2017, 10:18:46 PM |
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How will you do that trading is really risky i used to lose in gambling because of my luck but now i lose in trading also. Many people told when bitcoin will rise all the altcoins will also rise but I'm still not able to get any profit. Never make trading as a job unless you can survive for months because trading takes lot of time to warn profit
I don’t agree with you, mate. You can’t blame trading for your hard luck and I won’t even consider it hard luck, you are just lacking those skills and essential knowledge. Furthermore, your selection of coins is not good. Trading with altcoins never generate a huge profit. Bitcoins are the only coins that have got this capacity. They have the tendency to make you rich within short time. You just need to be patient when prices are low. As far as making trading as mainstream source of income is concerned, it totally depends on your trading skills.
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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July 23, 2017, 10:42:37 PM |
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It is possible that you can earn fix but no fix amount of bitcoin of how much it is.
People often mix up fixed income with a fixed amount of income, but you seem to understand the difference. I am not saying that I am a pro or whatever high skilled trader, but thus far I managed to generate a profit with every of my trading sessions. In most cases it's around a few percent per session, but profit is profit, and thus should be taken seriously. Based on that I can say that I managed to generate a fixed form of profit, but I do realize that things can also change, which is exactly the reason I don't add much value to the term fixed income with trading.
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Kotone
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July 23, 2017, 10:48:00 PM |
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There are lots of people who are now depending on trading of coins as people see bitcoin now is getting and getting stronger also the volume of its bitcoin is becoming high bitcoin now is really famous that is why those holders are really earn from trading when the price is low they buy and waiting for the price to be increase.
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shirazteam110
Member
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Activity: 70
Merit: 10
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July 23, 2017, 11:43:22 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?
Fix income i think it is not possible , in trading you will lose and win so happy trading
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Malsetid
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July 24, 2017, 12:37:17 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?
Fix income i think it is not possible , in trading you will lose and win so happy trading There's limited movement if you're going to trade with btc specifically as it's mlvement i think is for long term. You may eant to look into other altcoins that move a bit more actively. Having a monthly earning is posssible with trading though its not on a specific amount like having a regular job. You have to be very careful and you have to have a decent capital as well. There are day traders that can really earn real cash in what they're doing and we can also do that
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bassong
Member
Offline
Activity: 84
Merit: 10
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July 24, 2017, 12:40:40 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 guaranteed income in trading. You are more likely to lose your funds, dont risk it.
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fanbeila
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July 24, 2017, 02:32:05 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?
Many traders have become rich b trading in bitcoins.But trading is risky.So steady monthly income could not be expected from bitcoins.One month you would be getting huge profit and the adjacent month,may be low profit or even loss.Thats the beauty of trading.If you don't want to indulge in such risks,then you could try cloud mining schemes but be careful as most of them are risky.
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Rebisco
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July 25, 2017, 02:13:59 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?
There is no fixed income in the trading world. There is a time that I really earn a lot of profut and also there is a time that I earn only small amount of profit. Trading is very risky and there is no particular and fixed income.
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