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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 3112 times)
kukidada (OP)
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November 18, 2017, 02:40:34 PM
 #1

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.
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November 18, 2017, 02:43:09 PM
 #2

hi everybody)) there is a new interesting project Bank Of Memory, the ICO is coming) if it is interesting for someone -  bmcoin.io

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November 18, 2017, 02:50:11 PM
 #3

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.
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November 18, 2017, 02:59:05 PM
 #4

If you're gonna work for that actively then I wouldn't call that passive income. The other options also require work as well except for holding and holding is also fool-proof so most would recommend it. However in the crypto markets, the higher the risk, the higher the reward so you can maximize what your initial bankroll can do. I'd personally diversify but for such a small amount, I'd take the risk of getting some day trading action.

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Xenrise
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November 18, 2017, 03:01:15 PM
 #5

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.
If you want to make passive daily income. I think it is not possible and right now bitcoin is mooning, and you can't have daily income for that. The market is too stable for that.

You can join in signal groups in order to have daily income. Bittrex is a good platform in trading, because many alts are pumping in there.
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November 18, 2017, 03:03:19 PM
 #6

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.
There is no way to earn passive income from trading. Passive income only earned/got by investing in a/some tokens which offers you with divident.
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November 18, 2017, 03:09:52 PM
 #7

Some of the poll options is kinda wrong for me because when we said passive income it is requiring to do something minimal to no effort, your just waiting for the profit to come to your wallet like interest or property income, trading and mining requires a huge amount of effort to earn so it is considered a non passive, I go for Holding the safest way and the second option is to Invest on some ICO but this requires a little bit of reading and researching.

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November 18, 2017, 03:12:37 PM
 #8

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.

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November 18, 2017, 03:25:37 PM
 #9

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 why not but i remind to you mate before you can invest in any investment platform you need learn and study if your money in safe or not, in the trading you have risk but need to learn how become skills as traders to get profits mining are profitable but your amount is not enough to buy the equipment for mining rig.

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November 18, 2017, 03:27:22 PM
 #10

The only options in your poll that generate passive income are Mining and investing in lending platforms. Passive income means generating income on regular intervals without having to do actual work. So in this case I don't think you could do mining for $100. So the only option left is investing in lending platforms. Lending platforms have their own risks of being a scam but then you gotta risk it to get the biscuit. Bitconnect would be the best lending platforms out there.

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November 18, 2017, 03:27:58 PM
 #11

as long as you have enough knowledge about altcoin trading ,, that's fine because $ 100 is enough for you to have enough profit up to 50% provided your trades do not fail in choosing the right coin .. reading and asking will be the main key for you to get success from trading
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November 18, 2017, 03:44:09 PM
 #12

passive daily income with trading is a possible thing,
but it is very risky compared to usual trading because it requires a lot of thing in the process.
as a beginner you can not do that,you can do that if you know how to control your emotion,hardworker(because you need to do a lot research everyday).
having $100 and jumping to Bittrex or Poloniex to start the trade is a good idea,
but bear it in your mind,you can not choose it blindly because in there you can find pump and dump coins.
before jumping to the exchanger,it would be better for you to make your own strategy based on your ultimate goal.
and doing a daily research because you need it to predict the market movement.

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November 18, 2017, 03:48:34 PM
 #13

Dude is trading passive? Don't you have to trade? How is that passive?

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November 18, 2017, 04:04:44 PM
 #14

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.
When we do talk about passive then its a state on where we dont do nothing but yet we are still earning or do have leveraging gains since we do talk about trading we cant really make passive income on it even on daily basis because even no matter how big or small your capital is , as a trader you cant be sure if you are profitable on that day or not. We do won some money and we lose some,its just like that. Passive incomes would talk mostly on investment which you just put up your money and you are earning interest fixed.
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November 18, 2017, 04:07:58 PM
 #15

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.

If you wanna earn income through trading,first you need to select the crypto for your trading but I think bitcoin is good to start for a beginner in trading because altcoin price are very unstable if you picked the wrong one you may lose your investments.And $ 100 is not enough to start trading with bitcoins so you need good amount of money to get good profits.Try to do small trades initially even the profit is small make your trades and earn small profits from it.When you know all techniques in trading then you can go with altcoins too.

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November 18, 2017, 04:15:19 PM
 #16

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 you can't get passive income with $100. Passive income is the income you get by doing nothing and the only way to do that is to buy dividend token like maybe taas but they pay the dividend every quarter and $100 investment will not earn you much. But doing some trading is a different situation, it's not passive income but you can earn much according to your trading skills.

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November 18, 2017, 04:25:22 PM
 #17

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.
As a trader, I can only advise you to invest into  altcoins/bitcoint or fiat trading as this is the major way you can make massive profits daily if you know how it works. Investing into an Ico projects is also profitable and if you can do good analysis on any of the project's it has faster return on investment. The current projects am promoting has a good teams behind it: matrixcoin.
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November 18, 2017, 05:01:37 PM
 #18

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't make passive income with any form of trading. Trading word itself represent an element of risk. Traders make P&L after fixed periods to analyse whether they making profit or loss, it is nearly impossible for them to calculate everyday profit in trading. Cryptocurrencies are no difference. You may double your $100 in a day or lose all, cryptocurrencies are too hot for stable investors. This market is now grown into a bold one where coin rise one day and fall very other day. So it is better to use other ways if you considering fixed returns.
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November 18, 2017, 05:33:22 PM
 #19

Yea maybe you can earn daily by trading bitrex or any exchange sites but I have a doubt that you won't earn that much in just a day by trading because I for good profit you have to buy and sell something whose value fluctuates very only then I guess there would be a chance of earning good. But if you say about 2 days or 3 days or maybe a week then maybe there is a chance of earning (a good amount) from trading.
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November 18, 2017, 05:44:58 PM
 #20

Trading is not an easy go or an easy profiting source. It has got its own risk as well the continued analysis about the market. Only then can make the right selection of coins which can be bought for the trading purpose. Making passive income is possible, but the same cannot be made as sustained income.
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