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Author Topic: is it possible to have fulltime income with altcoins trading ??  (Read 2942 times)
mishra19 (OP)
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July 29, 2017, 07:03:54 PM
 #1

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??
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July 29, 2017, 07:10:10 PM
 #2

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Sure if you are very good in trading and you have time than it can.My advice choose legit alts,never follow trolbox chat on exchanges

 
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Emperor of Man
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July 29, 2017, 07:29:15 PM
 #3

Sure it's possible, but it's very hard. In many occasions you lose money instead of Earning it, and you also need experience.
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July 29, 2017, 07:35:27 PM
 #4

yes if you have plenty of time, money and skills.
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July 29, 2017, 07:36:58 PM
 #5

Absolutely not, if you look at this market, smart people always do other businesses, trading cannot provide regular income, but you need regular income to live.

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July 29, 2017, 07:46:38 PM
 #6

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??


If you have enough trading experience (ex. trading FX) and enough capital to survive for a whole year without a regular income, then maybe.

Otherwise you'll end up losing.


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July 29, 2017, 08:00:54 PM
 #7

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

You can also have full time debts.
There are bots that can trade instead of you. So you dont need to spend time doing it at all.
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July 29, 2017, 08:15:28 PM
 #8

Yes one can get fulltime income, in some cases a lot more than that with altcoins trading..
just dont get trapped with pump/dump group for quick profit
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July 29, 2017, 08:17:57 PM
 #9

Its possible to make millions but even the best traders don't consistently earn a stable income so I don't recommend it as a fulltime thing.

Anyway if you have to ask this question you probably don't know enough about trading in the first place and likely won't succeed.
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July 29, 2017, 08:22:18 PM
 #10

As other already said, daytrading requires time/capital/skills/searches ....

You'd better pick 3 or more promising altcoins and invest in them ..... expecting further gains in ... months or years ....
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July 29, 2017, 09:07:01 PM
 #11

If you're pretty good in trading then i guess its possible. But since trading is quite a risky game and there will always be unexpected events, It will take some time and its quite difficult especially when you just started doing it. One must have more than enough funds Since we will never know if we will gain or lose every now and then.

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July 29, 2017, 09:25:15 PM
 #12

Yes & No
both the answers are satisfactory to their condition

It all depends on your skills, timing, patience + Market makers + Trade analysis.. and many more factors.

Market can give you money and can take from you as well

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July 29, 2017, 09:40:34 PM
 #13

Only the talented few can be a successful full-time trader. Day trading is very skill-dependent and risky.

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July 29, 2017, 09:45:06 PM
 #14

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Yes trading in income can give you a daily income if you will become a day trader. But there are some advantage and disadvantage, you must be prepared for the risk that you can possibly get upon making this as source of your living. I suggest that don't just depend on a single source of income, try to study other ways of earning.



 

 

 

 

 

 


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July 29, 2017, 09:49:27 PM
 #15

It's not only possible but it can set you free, even quickly if you have beginners luck or are a fast learner. If you have the combination of talents/skills that bode well with charting and hyper trading or predicting mid/longs then you can quickly keep doubling profits (or halving lol). Trading crypto isn't much different than trading anything except that it's hyper speed and hyper volatility - which ppl love and which is why it's both lucrative and risky.

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July 29, 2017, 09:51:05 PM
 #16

Yes & No
both the answers are satisfactory to their condition

It all depends on your skills, timing, patience + Market makers + Trade analysis.. and many more factors.

Market can give you money and can take from you as well

A lot have been said above and yes, they have points on that.
It's all up to you if you are confident enough what you've got - your experience/skills, your amount of investment and other factors.
But one thing for sure, don't put all your eggs in one basket. Or you might regret it.
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July 30, 2017, 01:56:27 AM
 #17

You need funds to have a fulltime income  trading its like Superr market(Altcoins Market) and you are costumer buying items so if you have a small store you well sell your bought items in market and sell it into high price.

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July 30, 2017, 02:01:44 AM
 #18

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

There is more income in trading alts than trading bitcoin. Bitcoin is for holding basically. You can have bitcoins and keep them in safe wallet and forget about them for around one year and when you return they are already very precious.

In alts, the price of some are still very cheap. A 25% growth happens in a few hours. If you master trading and you have a huge capital, there is really a big money waiting. 
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July 30, 2017, 02:20:31 AM
 #19

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

if you didn't have any jobs in offline life then you can do full time altcoin trading, but you need to learn more in trading. because altcoin movement is not like bitcoin, then you need to analyze, watching the altcoin market, pick one or three altcoin, try to make profit. trading altcoin can give you regular income but i think we can not know how much bigger the income because the altcoin movement can not predicted, so be careful when trading altcoin.

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July 30, 2017, 02:27:46 AM
 #20

its possible, but i think its important to have the income of source beyond altcoin, if you dont need to worry about money for living, it will be more wisdom and calm to make decision when tradeding
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July 30, 2017, 02:44:51 AM
 #21

The first question you need to ask is are you debt free? If you do not have a house payment, car payment, student loans debt, or cc debt, then that's a good first step. The reason why this is important is because debt is the opposite of trading in that you are losing money just by keeping such debt.

The second question is do you have enough capital saved up to not only trade with, but to pay your living expenses for the next 12 months? It will take 12-24 months to become a consistent enough trader to develop a regular income. At first you may get some wins but then a loss comes along and brings you back to break-even or worse, a loss. You need time to develop the skills and patience to become a successful trader.

You should also have enough upfront capital to take advantage of trading. For example, if you had enough to control say 1000 ETH, you could actively trade 10% of it or 100 ETH and make $100 for every dollar Ethereum moves in price. This way you don't need to hope for those big $20 dollar swings, although they do happen. By being happy for say a $5 move, you can make a quick $500 and get out and be ready for either the market to move up or down, which you will need to be able to do on the fly if trade full time. The other 90% doesn't need to be in ETH, could b cash, BTC, stocks, etc., but is an example reserve amount you should have at all times. This way if you totally wiped out your 10% stake, you will have the psychological power to get back it as it was only 10%. If you are risking 100% of your wealth, one bad trade could end you.
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July 30, 2017, 03:05:14 AM
 #22

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

It has pros & cons.
If you have not done trading before, there are more chances to getting lost. And if you totally depend your key money from trading you are getting a risk this time. Get more knowledge, experience and time, then it is possible to get regular income.

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July 30, 2017, 03:19:45 AM
 #23

Of course altcoin trading can net you a full time income given that one is committed to offer time and patience towards the same. Learning market dynamics and trends of many altcoins, knowledge of when to buy and sell are some contributing factors towards establishing yourself a nice income from altcoin trading.
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July 30, 2017, 03:36:26 AM
 #24

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??
Its possible but this thing would depend on how big is your bankroll on which you do make diversification on your money purchasing multiple alts which you can able to manage on making active trading possibly earn a percentage on a day trade but this would really matter on how good you are on doing trading. I can say its possible but it wont be an easy thing as it sounds. It would really require effort and skills on trading to make this thing.

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July 30, 2017, 03:44:00 AM
 #25

Yes it's possible but don't expect income everyday. Trading is a waiting game. You need to be smart when to buy/sell your coins.
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July 30, 2017, 03:46:27 AM
 #26

What you're basically asking is if it's possible to sit at a poker table day in and day out and make a living from it.

Sure it's possible, but most people wouldn't last a week.  You have no idea where these shitcoins are headed, and with coins that can drop 99% in a day?  Yeah, good luck with that.

My suggestion would be to try it with a small amount and see how you do.  But I highly, highly doubt the average person can make an honest living just by trading altcoins--and I mean enough money to pay rent, food, car, wifey, and all that.  I seriously doubt there are many people here who can do that.

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July 30, 2017, 03:48:57 AM
 #27

What you're basically asking is if it's possible to sit at a poker table day in and day out and make a living from it.

Sure it's possible, but most people wouldn't last a week.  You have no idea where these shitcoins are headed, and with coins that can drop 99% in a day?  Yeah, good luck with that.

My suggestion would be to try it with a small amount and see how you do.  But I highly, highly doubt the average person can make an honest living just by trading altcoins--and I mean enough money to pay rent, food, car, wifey, and all that.  I seriously doubt there are many people here who can do that.
Thank freaking Christ. Someone with common sense. Great reply to a horrifically ignorant question.
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July 30, 2017, 04:19:23 AM
 #28

yeah it can bit for that you ll have to gain a lot of knowledge about alt coins
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July 30, 2017, 04:56:55 AM
 #29

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??
Yes it is just try but dont expect to much with that. Be careful and be patience stay calm cause some of it are not pretty sure. So study first for it.
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July 30, 2017, 05:03:11 AM
 #30

If you wanted to make about 50000 usd a year... how much money would you say is needed to do this?   I say you probably need at least 250k?


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July 30, 2017, 05:22:30 AM
 #31

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??
Altcoin trading can provide you a very stable income, but it would be very hard to do that. It can also give you consent loss if you don't have talent for it, but if you have it would be very possible to gain regular income. You would need to invest a big amount of money in it, and you must be a whale, one who owns a lot if bitcoin, in order to do what you want.
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July 30, 2017, 05:50:35 AM
 #32

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??
Altcoin trading can provide you a very stable income, but it would be very hard to do that. It can also give you consent loss if you don't have talent for it, but if you have it would be very possible to gain regular income. You would need to invest a big amount of money in it, and you must be a whale, one who owns a lot if bitcoin, in order to do what you want.
Well if we were knowledgeable in trading we can really earn a lot on it. But we still need to have first a lot of money to do so or we had hold plenty of coins to grab the opportunities of selling it when they pump.

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July 30, 2017, 05:51:40 AM
 #33

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??
Altcoin trading can provide you a very stable income, but it would be very hard to do that. It can also give you consent loss if you don't have talent for it, but if you have it would be very possible to gain regular income. You would need to invest a big amount of money in it, and you must be a whale, one who owns a lot if bitcoin, in order to do what you want.
LOL, don't need become to whales for earning profit from trading crypto market. Sometimes, small whales still loss with chicken trader because they not have a plan or team for against the attack from trader after creating panic or pump coin. So, before decision they always calculated many times and find best reason can make trader into their trap Cool

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July 30, 2017, 06:06:23 AM
 #34

Yes but its the same as Daytrading with stocks.



Do you have the knowledge of doing this? Also you need a lot of capital for this. It's doable because this is a new market however you could also lose since alts are like penny stocks wolf of wall street style.
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July 30, 2017, 06:44:53 AM
 #35

Yes but its the same as Daytrading with stocks.



Do you have the knowledge of doing this? Also you need a lot of capital for this. It's doable because this is a new market however you could also lose since alts are like penny stocks wolf of wall street style.
it will be recommended if already have lots of hold coins, different and many in volumes. It will be a good idea to earn many if we got plenty of stock of it and considered the most in demand at that time to earn huge.

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July 30, 2017, 07:25:14 AM
 #36

Only the talented few can be a successful full-time trader. Day trading is very skill-dependent and risky.

skill-dependent? How about luck-dependent?

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August 04, 2017, 08:30:31 PM
 #37

In my opinion, YES .. if done carefully and taking help of experts.

also, one can check GUNBoT trading bot.. there are much satisfied buyers earning handful of income daily..
check thread
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August 04, 2017, 08:55:58 PM
 #38

I don't believe in a stable fulltime income by trading. You can be lucky and get rich or have bad luck to loose all your investment, like gambling.
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August 04, 2017, 09:28:02 PM
 #39

I think it is possible, but there is a lot of risk involved, more so than stocks. But there's a lot more potential. You'd probably need like $100k to start at least, and be prepared to lose.

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August 04, 2017, 09:49:00 PM
 #40

I would say mostly yes, it is possible by buying on dumps and selling on pumps, but you can occure such situation that was in July, when everything was dropping and oumoing as hell. At this time i wouldn`t suggest to trade, in this scenario you wouldn`t get a profit ofcourse Smiley

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August 04, 2017, 09:50:15 PM
 #41

I guess it is possible, but not necessarily with daytrading. To select the real protocols from the apps coins and hold them long-term. So not for daily income but eventually to quit earlier from your current job and to retire, if the right coins were choosen.
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August 04, 2017, 09:58:18 PM
 #42

It is risky to just depend in altcoin trading and expect a full time income by just that because altcoins are not that easy to predict and they are very volatile or even more volatile than bitcoin so it will be hard for you to have a full time income with altcoin trading so it is better to treat that as a sideline work.
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August 05, 2017, 02:58:28 AM
 #43

i think its possible If you good on trading.
But trading is so risky game and there will always be unexpected events.
It will take some time and you need to analyze over and over again. So u can achieve ur goals
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August 05, 2017, 03:19:57 AM
 #44

Full Time Income in trading of altcoins is not impossible if you have big capital. It's like the Grocery store. You buy the Manufacturer at a discount for the bundle and sell it to the buyer with profit.  if you are losing an altcoins you have two option to sell it or to hold it until they reach again.And the other coins you sell will be covered in the one Altcoins that dump in price.

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August 05, 2017, 04:22:06 AM
Last edit: August 05, 2017, 05:02:36 AM by YoyodyneSystems
 #45

Yes. Fact. Tongue

It's no cakewalk. You must be aware of the prices of your coins 24/7 when actively trading. Something can go wrong in just minutes.

Expect 5000 hours before becoming skilled.
Expect 10000 hours before becoming expert.

You can lose almost everything in the early times. Even more than once.
Start small but full time. If you are destined to be good at it you will know because you will stop making big mistakes and your long term (measured over months) gains will start being more than your losses.

gl...
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August 05, 2017, 04:28:01 AM
 #46

trading takes time 24/7 to track it, just use the application that alerts you if the price of a coin being the green trend Cheesy
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August 05, 2017, 04:31:33 AM
 #47


To earn a full time income I think it is impossible .. but if to gain profit in altcoin trading it is very possible .. i like trading in altcoin  Grin
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August 05, 2017, 05:01:04 AM
 #48

Yes, it is definitely possible to become a full time trader and earn a steady income from it, but it is also not that easy as the starting capital needs to be a huge amount in order to gain huge profits from margin trading, patience is also another key as the price of some altcoins might remain stagnant for a long period of time, and obviously selling those altcoins at a loss trade is not the ideal solution. With no income from other source except trading, holding the altcoins until the price rise could be quite stressful too.

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August 05, 2017, 05:03:14 AM
 #49

It is generally possible to grow capital via investing or speculation.
But first of all, growing capital is not the same as income. The idea is that you grow capital and then you live from the capital gains. You never use you capital to pay your living expenses.
The other thing is: It being possible does not mean that you can do it. I think it requires a professional approach. That means you have to research strategies until you have a trading system that you know does work. And then you have to be able to trade by the plan, which most people can't do. It requires understanding your own psychology and take conscious control of your actions (in trading). Almost everybody thinks they are of course in control of their thinking and actions. Anyone who believes that is delusional.
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August 05, 2017, 05:05:20 AM
 #50

Yes, it is definitely possible to become a full time trader and earn a steady income from it, but it is also not that easy as the starting capital needs to be a huge amount in order to gain huge profits from margin trading, patience is also another key as the price of some altcoins might remain stagnant for a long period of time, and obviously selling those altcoins at a loss trade is not the ideal solution. With no income from other source except trading, holding the altcoins until the price rise could be quite stressful too.

Yes the stress can be crushing also... forgot that one.
But if you are successful it's worth it. You can take breaks and leave the market for extended periods if you have a good run.
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August 05, 2017, 05:13:36 AM
 #51

Absolutely not, if you look at this market, smart people always do other businesses, trading cannot provide regular income, but you need regular income to live.

I agree with you, as we know, there are whales in this market and the price can be controlled by them, if you do not know much about their strategies, you may lose your money when you trading. So, my advice is trying to find some potential ICO projects and buying the initial coins for long term investment.
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August 05, 2017, 05:38:25 AM
 #52

Absolutely not, if you look at this market, smart people always do other businesses, trading cannot provide regular income, but you need regular income to live.

I agree with you, as we know, there are whales in this market and the price can be controlled by them, if you do not know much about their strategies, you may lose your money when you trading. So, my advice is trying to find some potential ICO projects and buying the initial coins for long term investment.
You need know most project ICO in current are scammer and very difficult for find a really project and can growth in future after crowdsale complete. Example: PTOY after crowdsale until now I not see any update from this Team, although the marketcap of it not small.
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August 05, 2017, 06:20:51 AM
 #53

It is possible to make a living altcoin trading, but only if you have enough capital to start. Without a decent amount of capital, it is not possible.
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August 05, 2017, 08:56:14 AM
 #54

Sure it is possible but also risky. If you have enough experience in trading than you can do it. But for regular income need to think because for regular you have must some another business for backup.

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August 05, 2017, 09:05:41 AM
 #55

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

it's not different than forex or other market, but it's more remunerative if you do it with altcoin, because altcoin can increase 1000x without thinking, but i think that miner is better less stress and less risk, and with many rig you can have a full time job by doing nothing lol

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August 05, 2017, 09:08:31 AM
 #56

I guess it is possible, but not necessarily with daytrading. To select the real protocols from the apps coins and hold them long-term. So not for daily income but eventually to quit earlier from your current job and to retire, if the right coins were choosen.
A friend of mine, a computer geek approximately a month ago approached me with the proposition to collect funds fro crypto portfolio. He showed me his statement with 20-30+% daily return, though on small volume. But it actually was a daytrading. The main problem was liquidity. It was such a pain in the a..., that we started thinking how to solve it. Crypto exchange is a way far from efficient stock exchanges and creates lots of opportunity to make crypto profit.
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August 05, 2017, 09:28:54 AM
 #57

I like to see it as a long-term goal - maybe a dream -  and to reach this goal I see no other way to invest in the right project and wait for the time it takes. Think of Ethereum or Ripple ... I admire day traders but it's heavy stuff;)
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August 05, 2017, 10:26:49 AM
 #58

I like to see it as a long-term goal - maybe a dream -  and to reach this goal I see no other way to invest in the right project and wait for the time it takes. Think of Ethereum or Ripple ... I admire day traders but it's heavy stuff;)
It's hard to trade if we have a regular jib since we might missed some increase in alts value,  but as long as we can manage to look into it once in a while then it's indeed a good job better if will make it as a full time but be sure you have really know how to look into it.

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August 05, 2017, 10:54:51 AM
 #59

I like to see it as a long-term goal - maybe a dream -  and to reach this goal I see no other way to invest in the right project and wait for the time it takes. Think of Ethereum or Ripple ... I admire day traders but it's heavy stuff;)
It's hard to trade if we have a regular jib since we might missed some increase in alts value,  but as long as we can manage to look into it once in a while then it's indeed a good job better if will make it as a full time but be sure you have really know how to look into it.
The time buying and holding cryptocurrency for waiting reach to target is gone, if you still keep this strategy, after the purification of the market, you will been eliminated out the market and can't continue trading in future, because in this time just for trader know technical analysic as Forex market or stock.

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August 05, 2017, 11:22:57 AM
 #60

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

It is possible to have fulltime income with altcoins trading but it will happen if you have patience, perseverance, and hard work. Also, you should have good strategies in trading this altcoins. You should prevent the scammers. You should decide properly for you to have a nice profit. You should keep those altcoins in a safe wallet so you will not regret in the end.

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August 06, 2017, 04:25:33 PM
 #61

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??
Of course it can be, I think as long as you have a large enough capital to buy some altcoins then if you get the benefits the results obtained will also be enough for your daily needs.
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August 06, 2017, 04:43:06 PM
 #62

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Sure if you are very good in trading and you have time than it can.My advice choose legit alts,never follow trolbox chat on exchanges

I know how to make good picks: do the opposite of what trollbox says (Polo actually disabled theirs recently)

Look into the eyes.
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August 06, 2017, 04:51:01 PM
 #63

certainly can. I trade altcoin from beginning to present, altcoin provides greater advantage than bitcoin. Altcoin always has price spike. Even when price drops dramatically, I let it and wait for price blast. In fact, altcoin trading more timesaving in my opinion. More comfortable if we are trading longterm.
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August 06, 2017, 05:17:07 PM
 #64

Nope unless you can guess correctly 800+ alts movement every time with minimal losses, you can win big on pumps but sometimes its just pure luck.

For instance, when dump happens you would lose anyway, how you gonna have a consistent income on such scenario?

But i think a well-configured trading bot could achieve what you need if you have the appropriate strategy, which is unlikely for newbie i guess ?

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August 08, 2017, 11:56:25 AM
 #65

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Sure if you are very good in trading and you have time than it can.My advice choose legit alts,never follow trolbox chat on exchanges
I agree. If you are capable of making good trades and you includes it to your daily routine,then surely you can earn through that. In addition to this, you must also have strategies and good marketing and social skills, these will be helpful and will make your work more convenient and lead you to easier and more profitable income

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August 08, 2017, 12:06:14 PM
 #66

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Sure if you are very good in trading and you have time than it can.My advice choose legit alts,never follow trolbox chat on exchanges
I agree. If you are capable of making good trades and you includes it to your daily routine,then surely you can earn through that. In addition to this, you must also have strategies and good marketing and social skills, these will be helpful and will make your work more convenient and lead you to easier and more profitable income
Yes it is but in return if youre not good on all of that aspects it can be result on bad thing. So be careful as being a trader so you can have a good income on it.
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August 08, 2017, 12:16:22 PM
 #67

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??
Its possible but you would need to have bigger bankroll if you do really decide to make short tradings with altcoin.  They do move faster than on bitcoin which you can short if theres a right opportunity that you can see. This would really be only possible if you do know how to trade well and execute proper entries on prices because this would result out later on,on how experienced you are.

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August 08, 2017, 12:51:26 PM
 #68

certainly.
The most important thing is to understand and have experience in the field of alts.
And most importantly to be patient.
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August 08, 2017, 01:21:47 PM
 #69

I think you could make it a full time income if you are really good at trading and you should do a short trading than long term trading because in short term if you are trading everyday so most probably you are profiting everyday.
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August 08, 2017, 01:42:18 PM
 #70

Hello there,i have learnt a lot about bitcoin...

Keep learning


I wanted to know can altcoin trading provide consistent and regular income ??

advice: look who makes a trade and asks this question!

Is it possible to get rich selling bananas? it's possible!

Is it possible to get rich selling candy? it's possible!

Is it possible to get rich being a shoemaker? it's possible!

my great grandfather. Became rich selling cattle when everyone said that it was impossible he became very rich to the point of owning a huge village, because everyone living in that village lives on my great-grandfather's estate.

My grandfather who gave me his name became very rich, arranging cars for people, he was a great mechanic.

You need to develop basic things: where to have quality information, how much capital should you have and where can you get that capital, what are you current skills and how can you improve you skills.

Start here

http://Http://www.investopedia.com/ (technical analysis and fundamental analysis)

And go to YouTube and search about technical analysis and fundamental analysis,

Search news sites https://cointelegraph.com/news/trader-claims-he-lost-430000-at-digital-exchange-btc-e and newsbtc

And always take that as your guide: http://Https://coinmarketcap.com/





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August 08, 2017, 02:15:33 PM
 #71

Yes very possible but you need to be a PRO for you to be able to earn a lot. Many people lose a lot of money on trading coz they don't have enough knowledge about it or they made a mistake.
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August 08, 2017, 06:04:03 PM
 #72

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Yes, but you need hard work, patience, and practice. We all know trading is not the easy way to make profit, but we can do this. I like altcoin trading as an investment, not a job. Because of that, I use long time period to find buy and sell point. After that, we must have more than one coin to test another strategy and also learn something new to making profit. Good luck.

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August 08, 2017, 06:15:56 PM
 #73

It is very possible to have altcoin trading as a fulltime job but bear in mind that it will be very hard/difficult for the individual doing it. We all know that Cryptoworld is really volatile and you can make an ample amount of money if you make the right choice but you can go bust if you lose your trades. My advice is to try it first in a few months and see if it will be profitable for you.
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August 08, 2017, 06:21:54 PM
 #74

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??
Of course it can be, I think as long as you have a large enough capital to buy some altcoins then if you get the benefits the results obtained will also be enough for your daily needs.
Altcoins are so unstable. I am not sure one can really make high profit out of it. I mean, sometimes it's quite easy to make the right investments but it takes some time and can't be regular. Regular income needs regular buying and selling of the coins. This is not easy, as most of coins are bad and dump so fast. I thing it is a very risky way of earning money.

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August 08, 2017, 07:36:10 PM
 #75



The T&C 20 Alt Index is up 1500% since Jan 1st...
But the real game was how you did in June's 40% correction.

http://www.altindex.io/

Pros did DRAMATICALLY better in June than civilians...
Because trading is a professional skill like dentistry or plumbing...
And it takes 10,000 hours to become a Pro at anything. 

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August 09, 2017, 06:23:42 AM
 #76

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??
not impossible but the results are not always good sometimes you must loss
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August 09, 2017, 06:40:31 AM
 #77

as someone above suggested what you need is a strong capital to back and protect you from hard times, sure there will be a lot of gaining days but remember that when you gain others will lose and viceversa... you also need capital to start because 100% gain of 1 usd is 1 usd...

Posted From bitcointalk.org Android App

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August 09, 2017, 06:50:06 AM
 #78

Yes very possible but you need to be a PRO for you to be able to earn a lot. Many people lose a lot of money on trading coz they don't have enough knowledge about it or they made a mistake.
Yep, to become the professional traders must be started from step by step first step is learn about analisys technical, second step use indicators analisys technical, third step start practice trading on real market but use account demo  Grin
Will be dangerous trading use real account after can make prediction the price and getting good profit from demo account, it time for use real account with a little capital first and same way of trading on demo account.
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August 09, 2017, 07:36:53 AM
 #79

You can have a full-time income selling tomatoes if you were good at it.

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August 09, 2017, 07:54:02 AM
 #80

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??
it is very possible to "make great income" through bitcoin if you know how to play you games very well. There is a very simplest method in business that many people don't want to follow and that is the method of buying something from were it is cheaper and sell at were it is higher. Op follow this simple method and forget other strategy and you will have enough coins in your wallet.
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August 09, 2017, 08:01:03 AM
 #81

All is possible.

But it is very risky for small/medium traders.

What you need to find out is most of the traders  that makes profit (>70%) are almost all the time bears, or bulls, never both. The market ate all the bears that become bulls and all the bulls that become bears, greed eventually burns all the traders that "buy low and sell high".

If you have enough money, you can be a successful bear, or bull, just pick a side and never switch.

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August 09, 2017, 08:18:23 AM
 #82

If you want trading to become your full time income then you need to have good skills in trading and also you need to have a lot of extra money because in trading you will not profit all the time sometimes the market will be down.
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August 09, 2017, 08:28:15 AM
 #83

I OP did watched the movie limitless, that's why it comes to his mind, although that's only a guess. nevertheless spending some time in trading is a tough job only trade what you afford to lose.
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August 09, 2017, 09:39:05 AM
 #84

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Well, a lot of people are earning good money because of trading. One of my friend is earning a lot more compared to those who have full time work. But, it's quite hard, you need to have some experience, knowledge and skill. If not, most likely you'll just lose money. Trading is risky, but if you'll learn the tricks of the trade, you'll definitely earn a lot.

 
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August 09, 2017, 09:42:38 AM
 #85

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Yes, it's possible if you have skills, knowledge, time and money. It's quite hard to earn a lot of money if you're just a small trader. You need some big investment. But, it's quite risky because if it doesn't work out well, you'll just lose a lot of money. So, just trade what you can afford to lose. You should gain some experience and knowledge first before going all out on trading.
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August 09, 2017, 09:55:25 AM
 #86

I've read a few pages. Because interested in the title and answer of each person and I want to ask if there is a special way to become a great trader? Because for now I still learn and yet can make a fixed income in trading altcoin

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August 09, 2017, 10:05:53 AM
 #87

I've read a few pages. Because interested in the title and answer of each person and I want to ask if there is a special way to become a great trader? Because for now I still learn and yet can make a fixed income in trading altcoin

There is no strategy that works for all, just continue yours if you earn already a fixed income. Add a zero to the numbers if the profit is not enough.

█  █  █  █    / / / / / / / /    Play Games, Earn Crypto!         █  █  █    \ \ \ \ \ \ \ \    Start Earning NOW by Playing Mind Improving Games!     █  █  █  █     \ \ \ \ \ \ \ \  Best Crypto Earning Games for Office Workers!       █  █  █  █  Free Withdrawals of BTC, Doge and ETH 
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August 09, 2017, 10:23:15 AM
 #88

I think it is possible, but you have to study the market a lot before to invest
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August 09, 2017, 10:51:55 AM
 #89

If course, but it's not for the verge person. You need a mot of money to start with, a lot of time and last but not least, skills. You may become a millionaire, you may become homeless.

who cares
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August 09, 2017, 11:00:14 AM
 #90

and what about mining
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August 09, 2017, 11:10:40 AM
 #91

the answer is it depends..../YES and NO,
you can possibly earn and get high income in altcoin trading when you have a great analysis skill and advance knowledge in market cap, and investment, analyzing season and current trend. if we are talking about $100 or $1000 yes it is possible but $100,000 to Million i dont think it is possible unless you own a company or work with dev. team.

in terms of fulltime trading altcoin you must invest first or buy some dump alt on the market and wait for it to pump up again... PATIENT IS A VIRTUE..

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August 09, 2017, 01:39:36 PM
 #92

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

If you want to trade using altcoin. Of course all you need to learn altcoin. Here, you can read posts of members or news published by altcoin developers. There are many references to form altcoin analysis. Most appropriate income in trading to reach is the target. That way, we can achieve consistent profit.

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August 09, 2017, 04:21:52 PM
 #93

Since you are new so first you can analysis Bitcoin & others all crypto currency.You can huge research about crypto currency.When you expart this crypto currency than you can start crypto currency trading.It's better for you I think.
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August 09, 2017, 04:30:42 PM
 #94

Yes if you have a big capital to invest. Like BTC flactuation now you can have a fully advantage to earn some profits by making shorterm trading
And many more Opportunities waiting here in trading. And making full time income here is very easy

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August 13, 2017, 12:27:51 PM
 #95

yes it is possible. be safe, try to use trailing stop loss. be in slack or telegram groups for upto date informations

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ubeng07
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August 13, 2017, 01:00:37 PM
 #96

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

If you want to trade using altcoin. Of course all you need to learn altcoin. Here, you can read posts of members or news published by altcoin developers. There are many references to form altcoin analysis. Most appropriate income in trading to reach is the target. That way, we can achieve consistent profit.
Yeah right there is a lot of post here regarding of trading in altcoin so if you want to trade it is feel free to read some article regarding that.
entrepmind23
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August 20, 2017, 03:27:27 AM
 #97

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Yes its possible if you have time, money and skills in trading. There are people who trade for a living but if you are still new in trading then I suggest to have a regular income because trading may give you large profits but you can have big losses as well. It is risky if you cannot manage your emotions well and lack of experience especially that altcoins are also volatile so you must have a trading plan. You may trade as a side income at first but if you can feel that you will earn more focusing on trading then its up to you but it would be better that you have other sources of income as well.

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maydna
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August 20, 2017, 09:34:10 AM
 #98

Yes if you have a big capital to invest. Like BTC flactuation now you can have a fully advantage to earn some profits by making shorterm trading
And many more Opportunities waiting here in trading. And making full time income here is very easy

i am not agree if we must have a big capital to invest because i know some people which only have limited capital but he can make steady income in a week. he giving me tips that i should learn about trading from many source, practice for every day,know of the trend for each coins. my friend doing this every day without stop unless he is hungry or doing something else and now he have at least 2 btc (he is not telling the truth how much btc he have).

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rvdjeep
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August 20, 2017, 07:18:00 PM
 #99

Its possible to make money trading altcoin starting slow.

And no need to chase crazy 10-15-20% gain all the time.

Lets say you start with 1000$ and you trade carefully, dont buy ATH, don't FOMO, dont be greedy, A Profit is A Profit. Lets say you aim for an 8% gain per week, not per day, per week.

You will end the year with 50000$

Its easier said then done, but it's an exemple that you don't have to go crazy to make money.

Now I will let you do the math if you start year 2 with 50000$ Wink
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