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Question: Which Crypto Investment Option is Best?
Investing in Lending Plateform - 6 (3.9%)
Trading alt coins - 78 (50.3%)
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Holding - 36 (23.2%)
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Author Topic: Can I make passive daily income with trading?  (Read 3189 times)
mejalipat
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September 14, 2018, 05:10:02 AM
 #501

yes you can get daily income in trading but to be able to get profit and make daily trading then you have a lot of experience and good knowledge about trading because daily trading has a greater risk and requires the right analysis
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September 14, 2018, 06:17:00 AM
 #502

it is something that is difficult to do because everyone knows that the crypto value goes up and down all the time, but if you divide your portfolio into various altcoins it might be possible.
Mr.grin
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September 14, 2018, 06:44:53 AM
 #503

yes you can get daily income in trading but to be able to get profit and make daily trading then you have a lot of experience and good knowledge about trading because daily trading has a greater risk and requires the right analysis
yeah, of course you can. but that cannot be determined, you must have a strategy that is ripe for it. sometimes you can get income for each day, but there are times when you have to wait for your funds back when the market is deteriorating.
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September 14, 2018, 06:51:35 AM
 #504

I do not care about day trading anymore after I know of a great exchange site. If you are a commercial enthusiast, I'm pretty sure you would be interested in it. passive income by total revenue - lifetime income. The risk of trade will be reduced.
https://igt-crypto.io/
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September 14, 2018, 07:40:25 AM
 #505

that you can do if you have very much capital but if you don't have very much capital and don't have trading skills to be able to determine the right time to buy and sell bitcoin then it will be very difficult.
daedalus8
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September 14, 2018, 08:28:46 AM
 #506

maybe you can get passive income using autopilot trading but you usually have to buy the autopilot software at an expensive price

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September 14, 2018, 10:02:15 AM
 #507

to get income from daily trading then you have to know and have a good strategy so that you can get profit every day but daily trading in my opinion requires good market analysis

Adrin
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September 14, 2018, 10:39:45 AM
 #508

If you want to know 100% true about than answer is “No”. You can make daily income but it is not passive. You can earn 1% to 3% from your investment. And this is from daily trading not from long term investment. Long term investment can’t give you daily profit. Yes, you can make it passive but you need to be so professional trader with 90% up win ratio right prediction. It is so hard. Even you have 100% risk for lose all your money in an overnight. So better try only for 1% to 3%.   

TheWolfCrypto
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October 15, 2018, 09:54:09 PM
 #509

A person can receive passive income if the cryptocurrency that was invested there will grow. If crypto currency will decline, it is, I believe, passive income will not.

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Soots
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October 15, 2018, 10:20:52 PM
 #510

In my own point of view here I can't be sure that we could really make it to daily passive income, because not most of the time we do have greater trading activity. This has made more challenging with bitcoin particular movements in the market, so if ever we make it, I guess it's not on going. Maybe sometimes there can be random situations but not totally always, and it only depends on the marketplace scenario.
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October 16, 2018, 01:38:36 AM
 #511

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.

No passive income is when you are not doing anything but still gaining. On the otherhand cryptocurrency trading is a little bit different because of market volatility. I can say that you can start jump off to reputable exchanges buy lower alts and HODL them until market recovers. Set a trading goal and sharpened your trading skills. Don’t be greedy and panic. Stay calm and be smart on your decision making.
you right, we can't use it passive income because we have to do analysis and research every time in the trade, and it takes much of your time?
unless you use a bot for your trade it can be your passive income, or you can hold it for a long term, maybe it can be a passive income..
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October 16, 2018, 01:55:20 AM
 #512

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.

No passive income is when you are not doing anything but still gaining. On the otherhand cryptocurrency trading is a little bit different because of market volatility. I can say that you can start jump off to reputable exchanges buy lower alts and HODL them until market recovers. Set a trading goal and sharpened your trading skills. Don’t be greedy and panic. Stay calm and be smart on your decision making.
you right, we can't use it passive income because we have to do analysis and research every time in the trade, and it takes much of your time?
unless you use a bot for your trade it can be your passive income, or you can hold it for a long term, maybe it can be a passive income..
well, maybe it will be very difficult if you seek profits every day. but, you might be able to do it if I hold the coins that you bought in 1 week, or 1 month. Well, the benefits that come every day are very good, but of course it will be risky.
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October 16, 2018, 03:33:17 AM
 #513

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 earn passive income by trading at IDEX. It is a trading platform only for speculators. because in that market the market is completely different from the outside world. Many tokens fluctuate very strongly and that is why many merchants like to trade there. A decentralized trading platform is always profitable for speculators.

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October 16, 2018, 08:07:21 PM
 #514

Income from cryptocurrency should rather be calculated in the long term, daily income will change both in the positive and negative side. And after a few months it will be possible to say for sure whether the contribution was successful.

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FerrisWheel
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October 16, 2018, 08:20:59 PM
 #515

Passive income means your money make another money without you dropping a sweat, so you can't say that trading is a passive income..
Shutup
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October 16, 2018, 10:07:50 PM
 #516

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.

Yes day trading is theonly way l know to have income now.To all small timers like me l only hope now for my income to day trade to survive the needs of my family.I thank a lot because l discover this to provide the needs of my kids.It's just a little income but can help my kids needs.
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October 16, 2018, 11:08:08 PM
 #517

Yes day trading is theonly way l know to have income now.To all small timers like me l only hope now for my income to day trade to survive the needs of my family.I thank a lot because l discover this to provide the needs of my kids.It's just a little income but can help my kids needs.
I'm not sure you can cover your family's needs with trading days that only start with small capital, this is an old thread that seems at that time the market is increasing, not sure. But for now I'm not sure you can start with just $100 to get a good profit every day. This year's market isn't good enough, so how can you do that?

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October 16, 2018, 11:48:01 PM
 #518

Yes day trading is theonly way l know to have income now.To all small timers like me l only hope now for my income to day trade to survive the needs of my family.I thank a lot because l discover this to provide the needs of my kids.It's just a little income but can help my kids needs.
I'm not sure you can cover your family's needs with trading days that only start with small capital, this is an old thread that seems at that time the market is increasing, not sure. But for now I'm not sure you can start with just $100 to get a good profit every day. This year's market isn't good enough, so how can you do that?
Actually the opportunity to do Trading is a good thing. Very open opportunities to be able to get income that can meet the costs of everyday life. In fact, many people have experienced success when they trade. Even the money produced can be far more than people who work in the real world. So the opportunity is huge and let's trade and be a part of success !!
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October 16, 2018, 11:54:15 PM
 #519

It's old post but I think a lot of newcomers will read it because they have same question. Let me tell that 100$ in crypto space worth nothing, it would just amount of money that you can use to learn how to trade in real life, in most case you end up losing that 100$.
I think what matter for you as newbie is the knowledge, the more knowledge and experience you get, the more income you get, So try first to spend time on learning about crypto, trading etc
prashanta
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October 16, 2018, 11:56:33 PM
 #520

Of course this is not so difficult than impossible, but now many things have been bought and there are many websites where you get buy and sell technical instruction (like https://coinmarketcal.com/ or https://www.tradingview.com/). Buying and selling can earn huge revenue, it seeks the best information and knowledge so that it comes with passive benefits, so try to acquire your knowledge and an estimated business.
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