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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 3110 times)
syahril husen
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June 05, 2018, 02:42:58 PM
 #241

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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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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June 05, 2018, 02:52:47 PM
 #242

Yes if you're an skilled trader this might possibly happen, well there are lots of day trader and gained good profit everyday but i think you should have a huge capital if you would be a day by day trader cause trading everyday will brought you a profit of 10% of your investments.
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June 05, 2018, 05:58:59 PM
 #243

Even from $100, you can make $10,000. But for this you need to work harder Undecided. Before you invest in any coin (if you want then do nothing), you still need to know all the information about it and assess the prospects for growth, and this is a big work. Theoretically, if you find an excellent coin that you can buy relatively inexpensively and after a while it will grow in price, then you can make money on it.
But the reality is a bit different. All that is written above is excellent, if your deposit is from $1000. Then your profit will be significant.
But if you are engaged in trade, this is your chance to earn will be higher. And in order to trade you need to know how and you will need knowledge.
In any case, you will need to work. If you want to earn - you need to work Grin

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June 05, 2018, 06:12:00 PM
 #244

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 looking for earn passive income so you must see assets which offers you with monthly dividends,day trading is another way to earn profits but the concept implies a technically work from you
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June 05, 2018, 06:28:03 PM
 #245

Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
Yes, you can earn from trading and 100$ is enough for a new trader. An expert knows about latest project and focus on btc price .So you can start trading on bittrex and check coinmarket cap and analysis coin and buy low and sell high but always try increase asset.

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June 05, 2018, 06:35:15 PM
 #246

So i guess cryptocurrency is your passive job, you want to trade daily and it must be active everyday, it will be your active job. I don't suggest you invest on ICO because there no guarantee your money will be back and most of ICOs are scam. Maybe you have try invest in good coin, but it will need long time yo get profit, i think daily passive income is quite difficult to be gained except you're expert daily trader, eventhough you're good trader, i can't guarantee that you always get profit everyday.

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June 05, 2018, 06:36:51 PM
 #247

Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
Yes, you can earn from trading and 100$ is enough for a new trader. An expert knows about latest project and focus on btc price .So you can start trading on bittrex and check coinmarket cap and analysis coin and buy low and sell high but always try increase asset.
do you mean to increase assets first? I am also not a good trader. but I think to be a good trader is to understand trade management and always discipline. then, how do you think the best way to accumulate assets? is the market now good for daily trading?
please, give me a great example of trade.

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June 05, 2018, 06:50:15 PM
 #248

Very possible for one to make passive income from trading bitcoin and altcoin but you need to have a good knowledge of trading crypto currency so that you will not end up loosing the highest percent of your capital.    
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June 08, 2018, 07:56:09 AM
 #249

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 looking for earn passive income so you must see assets which offers you with monthly dividends,day trading is another way to earn profits but the concept implies a technically work from you
Yeah! I would have given him the same piece of advice because trading is something that demands a lot of hard work and research. I have not seen a good lot of traders that have made a lot of money or having some passive income simply by doing trading relying on their instincts. For passive income, you need to invest into something that is capable of growing with the passage of time like bitcoin, gold.
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June 08, 2018, 08:31:04 AM
 #250

Of course that you can, but it is a little bit difficult to make good money out of $100 (the amount that you had) because it is very little, you can make as little as $1 - $2 per day with that amount of money

Hello!
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June 08, 2018, 08:36:09 AM
 #251

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.

Trading means actively buying and selling cryptos based on certain trading calls and analysis. It cannot be passive, therefore. It is always a very active process of reading news and updates, analyzing charts and markets, monitoring prices, and so on and so forth. If you want to have a passive income, then perhaps you might want to consider buying certain coins and then hodl them.

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June 08, 2018, 08:39:39 AM
 #252

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 honestly don’t think there’s such thing you can make passive income with cryptocurrency trading. Unless that trading platform has an affiliate or referral program and recruited a lot of active traders, for sure you can experience passive income with their trading activity. Just my two satoshis.

Pla
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June 08, 2018, 09:12:03 AM
 #253

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 to that amount of money you can buy a small amount too of altcoin I suggest to find a good coin that you can earn a profit to that kind of amount. Because you can charged a fee when you trade so the amount of your money will be less. Trading is needed of capital if your money is less I think you can't earn passive income.

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June 08, 2018, 10:08:50 AM
 #254

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 to that amount of money you can buy a small amount too of altcoin I suggest to find a good coin that you can earn a profit to that kind of amount. Because you can charged a fee when you trade so the amount of your money will be less. Trading is needed of capital if your money is less I think you can't earn passive income.
it's right when the capital are low they cannot made passive amount of profit but if the trader are new they should start trade on lowest amount because new investors did not know about the fluctuation of market and when they invest money in some coins they can face loss because they are new . the benefit of start trade in lowest amount is they can well known about situation of crypto market and can expert in trade.
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June 08, 2018, 10:13:37 AM
 #255

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 the transaction is a passive way of earning money. Because passive income is the income, you generate when you do not need to do too much work. Good day trading is very time consuming, and you can earn a steady profit if you are a trader much experience

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June 13, 2018, 07:55:56 AM
 #256

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.
Yeah passive income are those you earn from investment and I think what he mean is that if he do trading and hold for few days can it be a passive?
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July 06, 2018, 11:08:27 AM
 #257

In trading? day trading, no.
If you want to earn passive income then long-term trading is for you.
Be sure pick those hidden gem coins.
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July 06, 2018, 11:11:41 AM
Merited by gmaxwell (1)
 #258

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


that's gambling  Roll Eyes

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July 06, 2018, 12:18:14 PM
 #259

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 but i highly prefer that you should always check the market price because it was constantly moving, so you will surely earn a huge amount of profit if you take time on trading.
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July 06, 2018, 12:34:36 PM
 #260

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 but i highly prefer that you should always check the market price because it was constantly moving, so you will surely earn a huge amount of profit if you take time on trading.
It needs analysis and enough time when we determine will invest, especially on Altcoin which is always changing rapidly. Therefore, we must be really focused and appropriate in choosing the coin to be invested. The decisions we make will determine what we will get in the future. So whatever value of money we have, then the right decision maker that will make us become successful.
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