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Author Topic: Making 1% Daily  (Read 3577 times)
zero9119
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July 26, 2018, 09:57:21 PM
 #621

I do not think we can calculate with fix return rates in the crypto world, as a stable monthly income. The exchange rates fluctuates a lot. However your ambitious goal can become true for the long term, or at least it worked last years.
I know there are a lot of trader who set a profit target of 1-3% per day. I think that goal is achievable if it is a professional trader and experienced investment cryptocurrency. Many investors view volatility in the market as an opportunity to grow more in the cryptocurrency market.
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July 26, 2018, 10:22:18 PM
 #622

making 1% on particular day isn't that hard, there would be days where you will make more than 1% since cryptos are very volatile specially altcoins.  but to make 1% constantly for 30 days or total of 30% in 30 days is harder.  it requires a lot of both analytical skills and luck.  some people are making this day trading their main job.

Getting such a feat (1% daily) isn't even about analytics. Because for now, the market isn't about the analysis. It's just about fundamental analysis now and hype. One downside is, once the hype is gone, that altcoin is sinking down with it. So to achieve such, you'll need to be an active trader. And you won't see 1% daily. But some days, when you get say like 15%, It can cover up for 15 days. There's always ups and downs. No consistency in the market situation.






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July 27, 2018, 07:15:52 AM
 #623

Making 1% daily is a bit of a task in this bear market now as the prices are declining and it may even further affect your capital. I believe in the bull market, you can surely make that percentage.

Now are for investors taking position for the long term.
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July 27, 2018, 08:12:34 AM
 #624

Hello,

Would it be possible to make 1% of your capital every day?

This would be 30% in a month, this is a lot.

It really comes to your capital:

1% of 100 would be 1$ daily, so 30$ on a month.
1% of 1000 would be 10$ daily, so 300$ month.
...

Is trying aiming at 1% daily too much? to ambitious?

it is a money management technique. get profit per day with target .. the technique you make worthy to use to trade in crypto or forex. I highly recommend trading a crypto like this

Agree, every player has his own strategy, and I think 1% every day is the most likely to get and if you get it constant in every day of course the profit you will get will be big enough if you have big capital too, of course this strategy also must be tailored with amount of your capital
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July 27, 2018, 10:07:06 AM
 #625

you must understand that you can not trade every time 100% of the Deposit, respectively, if you divide the Deposit into 10 equal parts and if you want to have 1% of the total Deposit, you will have from 1/10 to have 10% per day, and it is very difficult. this is achieved only after a long time of experience in trading. if this happens at the beginner, I think it's only due to luck
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July 27, 2018, 11:10:00 AM
 #626

you must understand that you can not trade every time 100% of the Deposit, respectively, if you divide the Deposit into 10 equal parts and if you want to have 1% of the total Deposit, you will have from 1/10 to have 10% per day, and it is very difficult. this is achieved only after a long time of experience in trading. if this happens at the beginner, I think it's only due to luck

Yeah. 1% of what you're trading is possible but 1% of all your portfolio is really impossible because actually it's hard to trade everything you have in one day to make that much profit.
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July 27, 2018, 02:29:56 PM
 #627

I switched from day trading to scalping,
and 2-10+% profit a day is not impossible.


Everything depends only on the market. You can make more than 5-10% daily but sometimes you can be a loser. You cannot calculate the profit here.
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July 27, 2018, 03:10:16 PM
 #628

If you set a daily goal that will be high risk for you, because while the market is constantly falling, making profits will become more difficult for investors.
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July 27, 2018, 04:01:13 PM
 #629

It is a terrible idea to set daily profits targets. Why? Because trading opportunities may not exist everyday and if you set targets, you will end up entering bad trades even when the conditions are not ideal for your trading strategy.
Yes, it is okay not getting profit every day. Because forcing you to get 1% daily isn't an easy task and you might suffer to lose. I'd recommend to just trade it and the only goal is to earn the profit, it doesn't matter how much you would get but it's about consistency.

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kaisa
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July 27, 2018, 04:27:41 PM
 #630

1% every day seems easy, but watch out when the market falls to the floor, then how is your strategy to be 1% per day met?
whereas, we do not know when the market is bad and good. many says, it uses technical. but I see the trade of cryptocurrency always tells fomo and FUD.
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July 27, 2018, 04:36:44 PM
 #631

you must understand that you can not trade every time 100% of the Deposit, respectively, if you divide the Deposit into 10 equal parts and if you want to have 1% of the total Deposit, you will have from 1/10 to have 10% per day, and it is very difficult. this is achieved only after a long time of experience in trading. if this happens at the beginner, I think it's only due to luck

you're right, someone trading with such a strategy will bring loss. first, because the focus of trade is fragmented. second, too much market speculation. I think with 100% capital we need to divide 50% to trade 50% for anticipation of loss. at least the trade focus is not fragmented.

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July 27, 2018, 05:09:48 PM
Last edit: July 28, 2018, 02:35:47 PM by Adebits
 #632

This is not a realistic way to build profits in Crypto, the market is not stable. You can't predict what could happen in any time
Adrin
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July 27, 2018, 05:19:14 PM
 #633

Hello,

Would it be possible to make 1% of your capital every day?

This would be 30% in a month, this is a lot.

It really comes to your capital:

1% of 100 would be 1$ daily, so 30$ on a month.
1% of 1000 would be 10$ daily, so 300$ month.
...

Is trying aiming at 1% daily too much? to ambitious?
Daily 1% earning is very risk because if you start trading with a low amount so it is very difficult. If you calculate monthly basis, it will be perfect because every month you earn only 15% so it is very high amount for cryptocurrency trader. I never follow this rules to daily 1 % profit. Every end of month i calculate my profit. If you try daily 1% profit so you can lose your money because you can't control your emotion.
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July 27, 2018, 08:29:23 PM
 #634

Hello,

Would it be possible to make 1% of your capital every day?

This would be 30% in a month, this is a lot.

It really comes to your capital:

1% of 100 would be 1$ daily, so 30$ on a month.
1% of 1000 would be 10$ daily, so 300$ month.
...

Is trying aiming at 1% daily too much? to ambitious?

Its quite ambitious but most traders who knows what coins to hold, invest upon, trade in trade out can even make 30% in a day. Of course you have to be really good to do that. One can help themselves by studying forex. I read a few of it online but I will not certainly not try it now. I only see losses because of the market we have right now.
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July 27, 2018, 08:59:53 PM
 #635

Really hard to tell now because of this Bart patern that is currently popular in trading,its getting harder and harder to swing trade now because daily difference beetween daily high and daily low is sometimes less then 100$ and dont forget that you need to pay fees2
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July 27, 2018, 09:19:36 PM
 #636

hello, ofc it's possible. One just (hehe just) needs to understand all the possible risks before investing, trading, mining or whatever they wanna engage in.
And to make sure making -1% would not affect your financial assets situation. You may also use various services that ease the whole business. I'm currently using bitwinex one and more than satisfied with it. To cut it short, all gains go through my own wallet plus no deposit required.
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July 27, 2018, 09:38:37 PM
 #637

Hello,

Would it be possible to make 1% of your capital every day?

This would be 30% in a month, this is a lot.

It really comes to your capital:

1% of 100 would be 1$ daily, so 30$ on a month.
1% of 1000 would be 10$ daily, so 300$ month.
...

Is trying aiming at 1% daily too much? to ambitious?
It can be done, I guess the only way to do so is to trade.
alibaba93
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July 27, 2018, 09:49:51 PM
 #638

Hello,

Would it be possible to make 1% of your capital every day?

This would be 30% in a month, this is a lot.

It really comes to your capital:

1% of 100 would be 1$ daily, so 30$ on a month.
1% of 1000 would be 10$ daily, so 300$ month.
...

Is trying aiming at 1% daily too much? to ambitious?
You can see that bitcoin prices are constantly adjusting and starting to decline in the past few days while prices of altcoin are falling very strongly, can see that the market is continuing its down cycle, so I Think of trade as successful at this point in time.

But if you always have a specific trading plan and always follow it, I believe 1% of your profit every day is possible.
jak3
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July 27, 2018, 09:54:10 PM
 #639

First of all yes, aiming for 1% is like gambling at a 70% chance. Nobody says that you will lose everything but it is the very risky situation and you will definitely make a lot of mistakes. there is a very low chance that you will be succeeded to make 1% but making in Daily is not possible. And yes we know the math someone can yield 1% profit daily then we can be a millionaire in just years.
ghost14k
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July 27, 2018, 10:16:26 PM
 #640

Making 1% daily on trading will really be nice and i will also love to be doing that. But trading is highly volatile and i really doubt if it can be pulled off. Even the best of traders don't earn daily or even 1% daily. Besides if it is that easy many traders will have retired by now. You might say to try it with bot but many  have really tried it and see it is not that easy.
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