Colt22
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May 30, 2018, 09:18:51 PM |
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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 here he is wrong but I got his point. I think by passive he want to tell that he want to earn a little amount which he can handle for some of his expenditures. In that reply I will suggest that the question of him shows that he do not involved in trading and do not know much about the skills of trade that is why I am saying that if he will go like that then he will lose his money and will not get much. Better is that first he learn from any expert trader and when he will learn them all then he will know that will he earn or lose with that step.
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Grillo
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May 30, 2018, 09:38:47 PM |
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You can easily make a passive income out of that, but you need to undeerrstand that this is not an instant process, and it can take a while until you start seeing new profits coming in to your account. I saw a lot of people losing their money because of this
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hieu81
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May 31, 2018, 06:42:58 PM |
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Dont choose lending and HYIP platforms, it is like a gambling, you are not responsible and can't influence on that income. Trading and mining is ok. Mining is fully passive income, but trading is an active income and only can become passive if you invest in particular trader who shares profit with you
if to engage in trade, then I would not call this activity passive. Well, if you decide to invest your money in a particular person who will multiply your fortune, then this is the same investment.
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suvo05
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May 31, 2018, 07:00:26 PM |
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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 don't think it is possible to earn daily with trading if you start with just $100. It is very much possible to earn 2x, 3x of your investment from altcoin trading but you need to hold and wait for the right opportunity.
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Chrystora123
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Omicron is another FUD
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May 31, 2018, 07:12:49 PM |
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Can I make passive daily income with trading? I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and start buying alt coins for profit.
become a daily trading very profitable, you just need a capital that is not too big...it seems easy to become a trader but in fact very difficult to be a trader because the analysis, money management, patience, and timeliness must be owned by a trader.
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crazy-pilot
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June 04, 2018, 01:57:35 PM |
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I dont know about passive, only if you would use some services that allow automated trading, but you can make a good daily income
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nik9990
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June 04, 2018, 02:26:31 PM |
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on such a sumum it is better to buy unknown or unpolarized coins and put on a good growth in the medium term
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Kupid002
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June 04, 2018, 02:36:08 PM |
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on such a sumum it is better to buy unknown or unpolarized coins and put on a good growth in the medium term
well depends on your skill of knowing if this is such to be the good one coin to try on and make some profit but if this is not then you may also have the chance to choose on some of the best coin and profitable one to make it passive income while you are in trading.
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aardvark15
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June 04, 2018, 02:42:01 PM |
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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 voted holding because I don’t think trading would be called passive income. I think of passive income as something that requires little to no work after you set things into place. Trading can require a lot of time an effort to chart the price and to constantly set buy and sell orders. Holding just requires the initial research and buy order and then you are done. All you need to do is wait for a specific time to sell or set a sell order at a specific price.
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TheNextChampion
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June 04, 2018, 02:48:51 PM |
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Of course we can do that but it comes with the risk. If you want to have a daily income then do trading but you need a good bankroll to start with. Knowledge too in day trading is important. I always have a hard time doing day trading because one trade can make you lose. If you are afraid to lose then just do holding. Do research of your target coins but it won't give you a daily income but only for long term profits.
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GawirZZ
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June 04, 2018, 02:49:28 PM |
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it seems difficult because to make it into the form of money is very difficult and long, most can per week for regular income.
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etron
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June 04, 2018, 03:25:38 PM |
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in trade can not be said as passive income because in trade is active income, if you want to have a passive income do investment in i.o most likely this will help in your earnings.
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LogitechMouse
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June 04, 2018, 03:39:18 PM |
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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.
Wrong choice of words mate. If we say "PASSIVE INCOME", it is your income even you are not doing anything. Example is when you own a mall or a restaurant. You don't need to work in order to have income because you can hire some persons that will work for you. In trading, you need to become active so I consider the profits in trading "ACTIVE INCOME" because you are working into it. In your question, you cannot do passive income in trading because at first place it is an ACTIVE INCOME.
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cellanadalam
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June 04, 2018, 05:45:09 PM |
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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.
of course, you can, before you can invest in any investment platform you need learn and study if your money is safe or not, in the trading you have a risk but need to learn how become skills as traders.
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Webetcoins
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June 04, 2018, 09:31:45 PM |
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it seems difficult because to make it into the form of money is very difficult and long, most can per week for regular income.
Earning while staying passive does not looks match able. I say so because for trading, you have to work hard and check the market every now and then specially in day trading. This also requires the availability of perfect information and perfect knowledge of the market. While day trading, you can earn good money buy investing in some altcoin. This will enable you earn incremental rise in the values of the coins.
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kaizerblitz
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June 05, 2018, 03:28:36 AM |
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Yes ofcourse daily income in trading is possible and could bring profit everyday if you are day trader but if you are hodler you can hodl it for long time.
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virasisog
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June 05, 2018, 03:53:09 AM |
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Yes ofcourse daily income in trading is possible and could bring profit everyday if you are day trader but if you are hodler you can hodl it for long time.
It was a daily income or profit but not literally can be called a passive because you have to trade daily. If you are a holder we can say that everyday that coin you bought is gaining profit so it was a passive. We have to use exact terms and applicable terms to make it correct the things that we didn't know.
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Cryptocoinbob
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June 05, 2018, 03:57:49 AM |
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Depends on your bet and greed
Let me give you an example... I have been a casino gambler, and I used to go to casinos with $500 thinking I will make $1500 profit per night... I used to loose .
Then I changed my startegy and started going to casino with $2000, with an aim to make $200 profit per night... And this worked ! I was able to take better decisions... It was stress free, and easy money / passive income
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crazy-pilot
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June 05, 2018, 01:38:17 PM |
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Sure you can! Just use a specific bots that will by low sell high and enjoy your earnings ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Some exchanges have this built-in
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keanne_isaac
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June 05, 2018, 02:39:45 PM |
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Can I make passive daily income with trading? I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and start buying alt coins for profit.
There is no passive profit in crypto trading even in stock trading there is none. If you are new in trading better to study the basic principles of it or you may end up losing all your money as crypto trading is more volatile and risky than stock trading so better do some basic study how crypto trading works.
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