Making 1% Daily

[kenel]

this approach means that you should always risk your entire amount and close the deal for 1 day. I tried this - it does not work. too unstable market, although if you try, 10% is quite real per month

[boy130]

Well actually, if you're making 1% daily, and you're reinvesting your interest then your net interest by the end of the month will more than 40% due to the compounding effect. I think consistently making over 40% profit per month in this bearish market is going to be extremely difficult, even in any market it's difficult. Don't get your hopes up, even a 10-15% gain in a month is an excellent job in a market like this.

In a downtrend market consistently outperforming USD lending rates will already be a great job. I suspect that most wannabe traders would be better off if they just sold their bitcoins (or whatever) for the dollar and lent out their dollars at places like Bitfinex. If we look at their interest rates as of today (they are constantly changing but still), you would get like 1-2% monthly for USD on average, the percentage which no solid bank will ever pay you on a deposit in this currency. So if you can beat these rates month after month (and by a good margin at that), no matter how the market goes, you can consider yourself a successful cryptotrader.

Well, I would say that any trader that can barely outperform lending rates shouldn't be trading. There are tiers of risk when it comes to income, bank interest <- lending <- trading, if they're taking greater risk and not getting great reward, then they shouldn't be doing it. I would actually say achieving a 5-10% gain in this market is a realistic expectation for a proficient trader, whereas a novice would likely lose money in this market.

[Zagor Tenay]

If you know technical analysis, getting a 1% daily is very easy because while the market is in a downtrend, it has a value adjustment before continuing with it. Is the time you get a profit if you know the good.

[adaseb]

If you got tons of bitcoin in cold storage you can make 1% easily during bull or bear markets just by collecting the funding on Bitmex.

The last 2 funding periods on Bitmex were 0.25% and 0.22%
https://www.bitmex.com/app/fundingHistory

So even with no leverage you could of made almost 0.50% within 16 hours or so. With leverage you could of made up to 5% however that's not recommended.

Basically unless you have knowledge on how to trade the markets, then there isn't much out there in getting 1% for free without risk.

Even lending on Bitmex or Bitfinex poses a risk incase they get hacked or you get your password hacked.

[Stioned1987]

it looks as if to make 1% each day it will likely be very difficult due to the fact you have to have numerous money capital and should be capable of have a very good kemali because without the expertise you've got might be very hard to earn earnings each day.

[coinbeach1]

PUNDI X sends you an additional 7% of your coins held each month until the end of the year. So if you have 100 coins on your listed wallet or Coinbene Exchange, at the end of the month they send 7 coins to your wallet (Airdrop).  This way you always increase, and you can wait out fluctuations.

Good crypto Project! Their POS machine (creditcard machine + crypto + many others) takes direct crypto payments in Bitcoin and Pundix.

Coin buy-back coming!

[baghodler123]

Do you want to margin trade $BTC for the 1%? Or altcoins? I don't think that daily % goal is the way to go, I'd rather focus on yearly because the market moves in cycles

[chathura]

if you want to earn more money firstly learn how to do TA. if you can TA correctly you can earn up to 10% per day.

[maximilian4aue]

Do you consider the period you put your sell order and buying orders or do you buy instantly based on price and sell likewise? I feel targeting daily profit will cause a heart race if you skip days or get on loss. Why not calculate your profit percentage per month or quarterly. However, if the daily profit calculation works for you, cool. Succeed based on your own terms. Crypto world isn't a straight jacket thing. Different moves works for different people.

[mozers]

I think it's possible, if you have good skill in trade. But right now the market is so unstable, not good time to trade.

[SkustaClee]

There are many professional traders who can easily earn 10%-15% daily of their investment. If you have technical analysis skill, then you know when is the right time to buy and sell cryptocurrencies.

[SaltedCrypto]

This is a nice idea, but unfortunately most trader got greedy. So after they got 1% profit they try to trade it for another gain but turns out it will be a -10% loss.

Just take 1% profit and close your laptop

[hatsoff2btc]

According to your calcualtion, you would make a 3,5X, within 1 year, which is totaly possible. But to calculate as a stable, monthly income, I guess you should forget about this. There was Bitconnect, and other scam sites offering this earnings, now they all dissapeared with the people's money. Crypto market is nice, promising, but not that much calculable IMO.

This is only possible if we trade with less valuable currency and in the market of cryptocurrency many less valuable coins are available for example the best coins recommended for short term trading are Altcoin, Litecoin and Neo are less valuable coins and most of short term trading is with these coins. Following this way you will get little profits after performing many times.

[redsun114]

Do you consider the period you put your sell order and buying orders or do you buy instantly based on price and sell likewise? I feel targeting daily profit will cause a heart race if you skip days or get on loss. Why not calculate your profit percentage per month or quarterly. However, if the daily profit calculation works for you, cool. Succeed based on your own terms. Crypto world isn't a straight jacket thing. Different moves works for different people.

It is also a good strategy to make little profits after each successful trading process and then the total of these profits after many trading processes will be a huge profit.

In short term trading you will need to place your money in Altcoin and Litecoin after which you may be able to make little profits daily. On the other hand long term trading is of Bitcoin which takes time to increase after down fall so we can not progress daily or in few days.

[cryptoblue77]

No one can give you guarantee that you can make 1 percent daily. Some time you make profit and some time you don't, but you can't make profit all the time.

[610S]

Your thinking is really great. But we all know that the market rise and falls. so it is possible you can achieve your goal but it is also possible that you have some loss. Your target is great and if you chose your path smartly I think you can make more than 1% a day. It is very easy but you have to keep patience and work hard on your investment.

[imadmirer]

I honestly wish to appreciate you on your thought. Yes, this is the way to success. Your 1% a day target will set a clear goal for you to move about every day in life. But you must first plan and think what will yield you such a profit? There are many ways of doing it. You can get into business and marketing in the areas related to cryptocurrencies. But day trading is one good way to go about. But you must become a really serious day trader to achieve this end. You must devote most or all of your time in understanding day trading and in market analysis.

Now that we see a ray of hope in day trading, the question comes on which are the coins to trade on? Certainly with a downward spiral, relatively decent stability and a stationary phase happening with bitcoin, you cannot expect to achieve your end with bitcoins every day. Hence, Altcoins are your best bet. Among all the Altcoins, you must spread your investment and trade on many coins if possible. You must utilize the volatility of the market price of a coin. You must make quick progresses in buying and selling by taking quick and right decisions.

You may look up to exclusive trading tools for a deeper understanding of the functioning and for ease of handling, the art of trading. You must keep the market in mind and move along with the market. Your decisions should be based on the market movements and demands. You should respond to the market and do what it is telling you to do. When once you gain such a hold on to the market and its working you will work your way to realizing your goal. Certainly 1% of your capital is achievable with hard work every day. 

[strongwarrior238]

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?

I believe that you can profit easily when bitcoin is showing signs of moving sideways and converging as strong as it is now, you can see that the market is fluctuating continuously and very difficult to guess, Therefore, in order to be successful you need to analyze accurately, combine with market information to get the most accurate plan and earn a profit safely.

[bitcon]

making one percent consistently may nt be possible in this market condition we may get stuck while trading daily it is better to look for long-term profits

Right, we do not have any stability on the market, and therefore we cannot plan our profits. Sometimes, it will be really easy to make this money daily but very often, when the market is down, you will not get it.

[_Crypto_Space_]

A trader can never be 100% sure of anything and he never has accurate forecasts of profits for any period of time. For a trader, everything depends on the market, so I would not advise you to adhere strictly to this rule.