rickadone
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Merit: 1024
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July 30, 2018, 04:16:06 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.
In my own opinion, there is not passive income in this industry because you always need to check the market for the prices and start trading in order to earn more profit. "Passive" income is not what you do with trading. Trading requires work, you need to trade, buy and sell, to make money that way. Passive income is not that. However, you can make money off masternodes and if you have enough money to buy a decent coin with masternode than you can make a passive income. My aim is to have one dash masternode, it will provide me with enough rate for interest that I would be able to make money off that and also the price against dollar increases as well. |
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00DKM@
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July 30, 2018, 04:23:20 PM |
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You can do that. Be careful with your decisions. Better to experience the same amount of investment funds just enough. should feel their own ability. Because, day trading is not easy.
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feelideb
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fLibero.financial
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July 30, 2018, 04:24:11 PM |
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Yes you can! But be aware of the risk involve! It will happen that in your bid to make some money through margin trading, or shorting, if market suddenly go south, you may be in seriously loss in a twinkle of an eye.
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DarkIT
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July 30, 2018, 05:01:08 PM |
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Yes you can! But be aware of the risk involve! It will happen that in your bid to make some money through margin trading, or shorting, if market suddenly go south, you may be in seriously loss in a twinkle of an eye.
you are right, the risk is always there in this case. if you want to make a passive income from trading, of course the odds are huge, it's just that big profits sometimes make that risk as great. the thing you need to do is be careful about it. |
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Koadharber
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July 30, 2018, 06:56:06 PM |
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Yes you can! But be aware of the risk involve! It will happen that in your bid to make some money through margin trading, or shorting, if market suddenly go south, you may be in seriously loss in a twinkle of an eye.
you are right, the risk is always there in this case. if you want to make a passive income from trading, of course the odds are huge, it's just that big profits sometimes make that risk as great. the thing you need to do is be careful about it. When we do talk about Trading then I don't really consider it as a passive income.Why? because you would need to work up and make steps for you to make money because if we do talk about passive income then you wont really do anything but you do still earn money like on traditional businesses either a real-estate or apartments, mall or any other leverage kind of businesses where would able to give that passive income but it wont really be that easy. |
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jayhawk1
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August 01, 2018, 06:52:45 AM |
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I'm also looking for ways to earn passive income with the BTC in the crypto market, but in my opinion there is no way we can get passive income while we do not.
I am totally against this theory. Nobody just got experience from his mother’s lap. Everyone come in trading, undergo some good and bad situations and that make his experience. How can you even say this about someone who isn’t coming into market and then you think this would be profitable for him if he get experience and then you aren’t allowing him to go for trading as well as newbie. |
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rose8963
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August 01, 2018, 08:03:51 AM |
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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 think that with a market that is so much potential and volatile as the current market, it is possible to trade and make a profit on a daily basis. You can see that bitcoin and altcoin prices are constantly fluctuating and adjusting very strongly, the market is excited when bitcoin prices are moving at the $ 7500 level. Always have a plan to minimize risk. |
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bitcoinveda
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August 01, 2018, 08:11:12 AM |
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I think it depends upon the skills you have because if you are very well experienced then you will make the very good amount of money but there is no guarantee you will make on daily basis. The best thing is to look out for monthly earning then you will able see some potential earnings.
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kenel
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August 01, 2018, 09:01:44 AM |
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I think you better save up more, or to link their activities with other areas, also associated with cryptocurrency, such as training people for money
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ilnick
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August 01, 2018, 09:20:22 AM |
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You confuse the concepts. Passive income is when you make a purchase of a coin and you hold it to pamp.
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johnwest
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August 01, 2018, 09:30:20 AM |
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I guess trading altcoins and holding potential coins will definitely increase your passive income in the long term. It is one of the best way in smaller and cheaper countries as it may be more than normal salary for many countrymen.
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itscomplicated
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August 01, 2018, 10:05:27 AM |
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If you're going for long-term tradign strategy, yes it is.
but as little as 100$ for long-term? I wouldn't suggest it,
try short-term trading.
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Kunlejoe0
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August 01, 2018, 10:09:23 AM |
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You can make money in cryptocurrency based on your experience and your skill. The capital is very essential in making a sizeable income, notwithstanding, your skill play a vital role in the level of income you earn!
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xitrum
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August 01, 2018, 10:33:07 AM |
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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 think that at this point in time to get the most risk-free, you should only trade short-term by day, you can see that the market is volatile and difficult to predict, because So if you invest long term the risk will be very high. The bitcoin price will continue to decrease at any time, so when trading altcoin you always have to keep track of the bitcoin price. |
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krasheed11
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August 01, 2018, 01:36:49 PM |
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I do not think that passive income is possible from trading
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BILGPS
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August 01, 2018, 02:15:46 PM |
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Yes through proper investment and dealing of altcoin we can make daily income may be the margin is low but still the profit is high and most of the traders in the begging follow this formula so now they are expert in the trading business my friend is dealing in coins and he is lucky at all.
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3philong
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August 01, 2018, 02:46:40 PM |
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I really can not fight everyday. So my favorite investment is to buy the altcoin and keep waiting for them to rise, probably for a long time.
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FalcoonRed
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August 01, 2018, 02:50:38 PM |
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All can be if you are diligent and diligent, daily trading can be very profitable if you are diligent to see the market and diligently analyze it.
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Fredomago
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August 01, 2018, 03:13:08 PM |
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You can make money in cryptocurrency based on your experience and your skill. The capital is very essential in making a sizeable income, notwithstanding, your skill play a vital role in the level of income you earn!
Skills can be develop with your experiences, you can earn passive profits even in a daily basis only if you fully understand the things that you needed to have while working with trading activity, there's some people who mastered the flow of trading so even in the down moments they can manage to earned decent profits, if you really wanted to have this better to work out with gaining more knowledge and adopt changes that happen inside the market, you need to work it out from time to time. |
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YoungMaster
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MYCRYPTOBANK.IO
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August 01, 2018, 07:53:03 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.
It can only if you have the skills on trading, and as if that fulfilled then the chance to make a daily income through trading should be that possible even with a small amount. Hm. For the exchange i still prefer with bittrex because the volume trading on there is bigger than poloniex. |
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