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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 3124 times)
wayancrypto
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February 28, 2018, 02:13:27 AM
 #81

That good amount to start trading altcoin because trading actually not easy to get consistent profit, cryptocurrency market is unpredictable so need good management of risk and money. And also some profitable strategy , so will be hard to make consistent income from trading, need alot of time to learn it and you should be have good psychology, like patient and dont be stress when lose but move on and continue learn your mistake.

rommelzkie
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February 28, 2018, 02:20:04 AM
 #82

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.

100 USD is a small capital to start with. With this small capital you can only trade One crypto / altcoin at a time. However, this amount is a good start if you are newbie trading crypto or any other similar to crypto like forex.

You cannot make daily income on trading with 100 USD starting capital.

coin_1122
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February 28, 2018, 02:38:01 AM
 #83

Through trading it is possible to make daily income but you need to be very well experienced otherwise you will end up in loss. Day trading is risky and sometimes you may loose original value and you should start finding another coin to make profits.
Sadlife
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February 28, 2018, 02:49:47 AM
 #84

If you're actively working on it daily then i wouldn't call it a passive income even in trading there still work to be made in order to gain profit, unless your buying altcoins for holding and waiting for it to increase then sell then In some way it could be called a passive income. The higher the risk the larger the amount you gain. so invest your money at your own risk.

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bitterguy28
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February 28, 2018, 03:16:36 AM
 #85

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.

100$ are enough to start qorking in trading as your capital,
I recommend to you mate do not assume  to earn daily income for the day trading because sometimes even if you are buying the coins in the right timing and got good tipss from the signals group have possiblity trap coins go down the price, and surely you do not want to sell in the lower price need topump agin their price of wait the break even price before resell it.

peter.from.penn
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February 28, 2018, 03:21:01 AM
 #86

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 hate to burst your bubble, but $100 will not build you a passive daily income anytime soon.  You could earn passive income from masternodes, but they're not cheap.  Either way, good luck. 
CJPEREZ
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February 28, 2018, 04:05:46 AM
 #87

I think no because they have a day that dumping and it is can take almost 3 days dumping.
DBronze98
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February 28, 2018, 04:09:33 AM
 #88

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.
This is not the case if you do not have internal information from the Altcoin you are investing. As the crypto market grows more and more unstable,
earning profits is becoming increasingly unlikely at this time.

Choii
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February 28, 2018, 04:25:11 AM
 #89



You really wouldn't make a daily passive income through trading, but when it comes to get a profit yes of course but passive income is a kind of earning without doing anything in the other words it is investment your money is working for you to grow your incomes even if you're not working.

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kafeelniazi
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February 28, 2018, 04:38:52 AM
 #90

Yeah boy first learn what is passive income. Anyway after you know what is passive income then I am gonna recommend you to buy some nice cheap node and set it up for nice passive income. It feels good to have  node during dip times in cryptosphere.  Grin

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eagle10
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February 28, 2018, 06:20:52 AM
 #91

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.

It is very hard to tell if you can make passive income in trading. Passive income is different from the profit derive from trading in the market. If you can have a big amount to trade and you are an expert and technical trader, maybe there you can maybe make a passive income daily while your profit is growing everyday.
darkywis
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February 28, 2018, 06:55:34 AM
 #92

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 you can have a passive daily income with trading. Make a 3%-5% daily gains and compound your capital. Before you know it your capital is doubled or triple in a month.

arpon11
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February 28, 2018, 07:49:44 AM
 #93

Mining is still remains the best things to do and the  reality is that it is the most risk free ways to make money through cryptocurrencies. Many miners are making good money and a friend  was listing to cnn last time and he told me that he see an interview of a miner from Nairobi that make over a $1,000,000. Holding is also good if you don't have a technical knowing how on how things work in cryptocurrencies , you can buy and hold bitcoin for long term profits. However investment in cryptocurrencies is highly risky and you should bring the risk involved before putting your hard earned money into it.
PDNade
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February 28, 2018, 07:56:25 AM
 #94

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 only have $100 to trade you better buy cheap coins like Doge,TRX, and XVG this will work but buying high amount of coin like NEO, BNB and more is risky it will kill your $100. The strategy that I prefer for you is to biy cheap coins and hold it.

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February 28, 2018, 08:51:43 AM
 #95

For i teach beginners to HODL and but of course i say to them if they want to trade cryptocurrency but of course that's there choice if they want to or not, but i really prefer to trade.
smith136
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February 28, 2018, 09:05:25 AM
 #96

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 a passive income from trading unless you devote your self and time with it because small purchases and selling in a short notice could give you a small profit and could lead to bigger ones if you keep on doing that without bearing a loss but that's too risky and takes a lot of skills to do so, besides your initial investment is too small, i'd rather buy and hold it for good rather than doing day trading.

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February 28, 2018, 09:30:28 AM
 #97

Do you know what is meant by passif income, that is where we do not need to do anything to get money, I think trading is not passive income because we need to analyze every movement and take buy and sell action to get profits even we can lose due to trading, right in my opinion is mining by making rig you do not need to work and let rig make money for you.

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February 28, 2018, 09:49:37 AM
 #98

I would say it is possible with mining but not with hardwares , mining pos coins like neo , you don't need to buy any hardware , just keep it in your wallet and it gives you some stakes every day!
Man21
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February 28, 2018, 09:51:43 AM
 #99

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.
yes I agree with you, passive income is income that you do not do anything or you do not work, for example investment possible, while trade you have to work according to your job, like signature and others, may be you are obliged to work.

Yes we are going to work with this job and not passive income.
However, passive or active i will choose passive because we do not need to do anything to gain income. With this, i have more time to spent for family and time for relaxing too.
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February 28, 2018, 09:55:17 AM
 #100

You will definitely loose money if you put your money in Passive earning schemes (e.g. Bitconnect).  Stay away from them. Trading is difficult and sure as hell could make you money.

If you want to get the passive income, best option is through Funding the Margin Traders by providing Liquidity from exchanges like Bitfinex.  You can make as much as 0.03-0.1% daily.s

I am sorry for my wrong doings.

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