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Question: Which Crypto Investment Option is Best?
Investing in Lending Plateform - 6 (3.9%)
Trading alt coins - 78 (50.3%)
Investing ICO - 24 (15.5%)
Mining - 11 (7.1%)
Holding - 36 (23.2%)
Total Voters: 155

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Author Topic: Can I make passive daily income with trading?  (Read 3099 times)
chel0
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July 06, 2018, 12:57:23 PM
 #261

If you are a fulltime trader,I believe you can earn a passive daily income as a day trader. I suggest you to buy at least 3 altcoins in the top 5 list during the dip then observe the movement of the market price as it goes up before selling it.But this kind of trading needs patience and techniques as to when to buy and sell your coins for a better profit.I bet $100 as what you've said is just a little amount so you better choose the promising coins to trade.
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nguli
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July 06, 2018, 01:24:15 PM
 #262

yes you can do that when you have mining tools that can provide altcoin very much every day and you can sell and you make passive income.
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July 06, 2018, 01:54:50 PM
 #263

If you are a fulltime trader,I believe you can earn a passive daily income as a day trader. I suggest you to buy at least 3 altcoins in the top 5 list during the dip then observe the movement of the market price as it goes up before selling it.But this kind of trading needs patience and techniques as to when to buy and sell your coins for a better profit.I bet $100 as what you've said is just a little amount so you better choose the promising coins to trade.

You have a point on that mate but I don't think it could say a passive income since we here in crypto currency community as we try to wish our luck here. Also, due to the volatility of different altcoins we can never expect a great outcome but I can assure that it can have a great profit but as what I said not always as you may experience some losses of your investment since we just hoping here.
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July 06, 2018, 02:04:46 PM
 #264

I can say no, because trading is not mining that you could just wait, left the computer and earn money. In trading, you need to watch all the time because in anytime the price will go down or go up so that you can make a decision in a very short period of time. If you don't care, you may put yourself into risk.

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valisa
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July 06, 2018, 02:23:51 PM
 #265

I think if only a little bit capital is better to be a coin holder, because now many coins are cheap and have potential in the future, but if being a holder takes a long time and a bit of luck, I prefer long term trading because for me trading only side job
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July 06, 2018, 02:32:08 PM
 #266

Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
You can make money by trading everyday at some exchanges but you need to have special knowledge and strategies to make a profit. I have observed quite well and said that the free trade floors are always quite high volatility. So I recommend you trade there and it will be easy for you.

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Blue Bell
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July 07, 2018, 12:26:19 AM
 #267

If you are a fulltime trader,I believe you can earn a passive daily income as a day trader. I suggest you to buy at least 3 altcoins in the top 5 list during the dip then observe the movement of the market price as it goes up before selling it.But this kind of trading needs patience and techniques as to when to buy and sell your coins for a better profit.I bet $100 as what you've said is just a little amount so you better choose the promising coins to trade.

You have a point on that mate but I don't think it could say a passive income since we here in crypto currency community as we try to wish our luck here. Also, due to the volatility of different altcoins we can never expect a great outcome but I can assure that it can have a great profit but as what I said not always as you may experience some losses of your investment since we just hoping here.
But it happens only in day trading  not in mining, mining tools are now a day expensive to buy if you have money you can get huge profit but I think it is not good to have day trading and mining being a new user you should try to get in long term trading because it is good way of making money, I am one if long term trading and I use bounty campaign  to earn free money for my daily needs, day trading needs a lot of knowledge and skills if you have skills then you can get wide profit.
jambul_kribo
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July 07, 2018, 12:43:08 AM
 #268

I can say no, because trading is not mining that you could just wait, left the computer and earn money. In trading, you need to watch all the time because in anytime the price will go down or go up so that you can make a decision in a very short period of time. If you don't care, you may put yourself into risk.
we must monitor the price movement if trading. without doing so we can lose our money because we do not know what happens in the market with the coins or tokens we buy. we can decide when to buy or sell our tokens

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July 07, 2018, 02:17:46 AM
 #269

Make money in trading is category of active income because you should be active to analysis the market and doing buy and sell many times, you can make montly profit from it if you are have strategy how to minimize the risk and to maximize the profit. Trading is not easy so you have to learn continuously and always learn from previous mistake.

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July 07, 2018, 06:40:40 AM
 #270

passive income is when you do nothing but you get something, so you do not work but you get a salary.

may be mentioned in the trade in Bittrex or Poloniex it must be done and can not be silent right, so maybe you better follow the ICO just for passive income but look at first good ICO so as not to hit HYIP Proejct.
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July 09, 2018, 03:45:51 PM
 #271

I think your word is a bit wrong, if you say get a profit of course, but passive income is different again, passive income is when you do not do anything you keep money?
while trading you have to do it, you can not keep quiet and will get the money.

Well, this is not exactly the definition of passive income. If he is keeping his day or regular job, and does trading as of his spare time, break time or free hours, then he can call Crypto trading as his passive income avenue. Because he is not actively involved in it. How ever, I agree with you that crypto trading would need him to be involved, even if it is so called passive for him. To succeed in crypto trading, you need to do researches of the market, study the chats and monitor the market as well.

For your question, yes, you can make passive income from Crypto if you are smart and decisive.
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July 17, 2018, 08:00:47 AM
 #272

I mean if you are using a trading bot than yeah there is a chance that you can make money with trading. However "trading" is something you do by selling and buying. If you are not using a trading bot and doing it yourself than you need to buy and sell, which means you need to do something, which means its not passive. Passive income is something like a stock that pays dividends. If you do buy something like that than you can talk about passive income.
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July 17, 2018, 08:03:34 AM
 #273

Can I make passive daily income with trading?

For me, trading and passive income are incompatible things. In order to be a successful crypto trader, you need to apply every day efforts, follow the news and calculate the risks. Success in any business requires your strength, perseverance and work. Otherwise, any activity is doomed to failure.
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July 17, 2018, 09:49:19 AM
 #274

Can I make passive daily income with trading?

For me, trading and passive income are incompatible things. In order to be a successful crypto trader, you need to apply every day efforts, follow the news and calculate the risks. Success in any business requires your strength, perseverance and work. Otherwise, any activity is doomed to failure.

you are right passive income are not as what you think for easy to come while you are taking trading well if you have a lot of coins to hold on or to trade yet there is a possibility of this income but always accept the risk and calculate it for.
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July 17, 2018, 10:06:40 AM
 #275

Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
I think if you have enough knowledge and experience then it is quite possible that you can see that bitcoin prices are constantly fluctuating and fluctuating in great amplitudes, so trading and collecting 3% -5% of profit per day is possible.

Always have a specific trading plan and close the deal on a daily basis so that you can minimize the risk and make a profit in a safe manner. Have a trading day and always have stoploss on your trading plan.
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July 17, 2018, 12:39:33 PM
 #276

Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
Before we look at some some techniques and tips to earning passive income day trading, Its important you understand both the benefits and drawbacks. The limited amount of time you will need to commit is an obvious benefit. However this also means that there is increased pressure on the investment decision you do make. In addition passive trading can sometimes result in a slower stream of profit when compared to active trading. There is also a danger that you will neglect monitoring your passive income. This can result in losing out on potential profits.
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July 17, 2018, 12:55:32 PM
 #277

Holding is the real source for passive income and not trading because when you will trade altcoins then it is not a passive income but an active income where you need to trade and have a lot of patience to make some money while holding will just be there and you just need to wait for the price to go up and sell if you are satisfied.
I agree with your opinion. The hold is very good for investors. While trader headaches have to think about trading in the day, some holders have a lot of time to travel or do other jobs. For me, hold is still the safest way to make money

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July 17, 2018, 01:22:24 PM
 #278

you complete and allowed to add a root import or be been from the bitc program tham gia example, such as you can be start or can be join the transactions to get the profit to add more income for you
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July 18, 2018, 11:25:15 AM
 #279

Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
Passive income does not come from trading, cause it is something you yourself has to work for before you gain from it. And another thing you have to know is that trading goes with your level of skills and luck (I just need to add ‘luck” to remind you that it is not every time you win, loss do occur at times).

I’m not trying to say that trading is bad, no it is good, but you have to learn it. You shouldn’t just jump in just like you said, there are lots of things you will learn about it.

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July 18, 2018, 10:33:01 PM
 #280

Yeah, sure. You can stake some coins like $BCO, stake POS coins, buy a masternode collateral etc. Passive income isthe way to go

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