A daily 1% gains.

[chrusso]

Hi folks!

Lately I've been reading about people doing the so called "Swing trading" on different altcoins doing a daily +%1 profit, or 1.5% considering the operation fees to buy and sell. So I've been wondering how risky it could be and how to actually reduce it's risk. I've been mostly mining ETH and holding it, or exchanging it for bitcoin from time to time, but I believe there's better business opportunities doing some trading.

Could you advice on how risky it is to attempt this?
Do you know some serious company doing crypto currency trading?
Do you have any experience with this type of trading?

Have a good week!
Chris

[P2Pfinder]

For me, 1% daily is easy to achieve, without high risk (i offer an investment management service too, follow mi signature if you are interested) .
But you have to consider that is always better to split your infestmenst into more method- more provided (so never go only on a single broker, never go all in, never go against the market).
Never follow ponzies or Hyps, better if your coin are always in a your account and always available for withdrawal (so stay away from ppl that ask you to send coin to theyr wallet...)

Feel free to contact me for any info you need, i'm sure that we could start a good partnership.

[zhekinsp]

Hi folks!

Lately I've been reading about people doing the so called "Swing trading" on different altcoins doing a daily +%1 profit, or 1.5% considering the operation fees to buy and sell. So I've been wondering how risky it could be and how to actually reduce it's risk. I've been mostly mining ETH and holding it, or exchanging it for bitcoin from time to time, but I believe there's better business opportunities doing some trading.

Could you advice on how risky it is to attempt this?
Do you know some serious company doing crypto currency trading?
Do you have any experience with this type of trading?

Have a good week!
Chris

I don't think these kind of trading is not possible as per your calculation you will get 30% of your investment monthly.You may achieve this trafet once or twice but you can not do it always because trading is riskier and this is most volatile market.And I don't know what is called swing trading,are you referring the arbitrage trading?

[BabyBoss]

Hi folks!

Lately I've been reading about people doing the so called "Swing trading" on different altcoins doing a daily +%1 profit, or 1.5% considering the operation fees to buy and sell. So I've been wondering how risky it could be and how to actually reduce it's risk. I've been mostly mining ETH and holding it, or exchanging it for bitcoin from time to time, but I believe there's better business opportunities doing some trading.

Could you advice on how risky it is to attempt this?
Do you know some serious company doing crypto currency trading?
Do you have any experience with this type of trading?

Have a good week!
Chris

1% of profit daily is already big profit since 30% of profit in just a month is already big amount. According to what I know 1% is already great profit of a good trader, he is good at trading at all. Well, i wish i havr earned 1% also everytime I trade everyday.

[gaurav@zup]

That is called DAY Trading and in crypto market daily gains of 1% to 5% is very common , specially in this stagnant market conditions.
Use of RSI , Stocastic RSI , bollinger bands helps in buying low and selling at top and this type of trade can be done in cyclic manner and is really fruitfull when trading is bigger amounts.

[jrrsparkles]

That is called DAY Trading and in crypto market daily gains of 1% to 5% is very common , specially in this stagnant market conditions.
Use of RSI , Stocastic RSI , bollinger bands helps in buying low and selling at top and this type of trade can be done in cyclic manner and is really fruitfull when trading is bigger amounts.

But day trading are more riskier and you can't expect stable income of 1% return from your investment if your are more skilled trader you can make it but it not possible for the newbie as the OP himself said he is newbie to trading.BUt he can try it but never invest the money more than he can afford to lose.

[Koro-Sensei]

Hi folks!

Lately I've been reading about people doing the so called "Swing trading" on different altcoins doing a daily +%1 profit, or 1.5% considering the operation fees to buy and sell. So I've been wondering how risky it could be and how to actually reduce it's risk. I've been mostly mining ETH and holding it, or exchanging it for bitcoin from time to time, but I believe there's better business opportunities doing some trading.

Could you advice on how risky it is to attempt this?
Do you know some serious company doing crypto currency trading?
Do you have any experience with this type of trading?

Have a good week!
Chris

Yes it's possible but even you are very cautious about the percentage of the loss there is no way you won't lose a penny. Yeah it's like taking a lottery that you know what the odds are. Yeah no! Even if you did manage to have that there is no way the coin you have will stead on to that point and keep growing.

[herurist]

Hi folks!

Lately I've been reading about people doing the so called "Swing trading" on different altcoins doing a daily +%1 profit, or 1.5% considering the operation fees to buy and sell. So I've been wondering how risky it could be and how to actually reduce it's risk. I've been mostly mining ETH and holding it, or exchanging it for bitcoin from time to time, but I believe there's better business opportunities doing some trading.

Could you advice on how risky it is to attempt this?
Do you know some serious company doing crypto currency trading?
Do you have any experience with this type of trading?

Have a good week!
Chris

Everything is possible and the risk is same, loosing money. Trading is not easy but you should prepare your skill, fund and also mindset before start. They can do " swing " method and get 1 - 1,5% / day but that's them not you, even you copy their method, I believe the result will different. I suggest you practice with demo account to know how the market works. Do that until you find your style to make profit.

[Ctn]

Hi folks!

Lately I've been reading about people doing the so called "Swing trading" on different altcoins doing a daily +%1 profit, or 1.5% considering the operation fees to buy and sell. So I've been wondering how risky it could be and how to actually reduce it's risk. I've been mostly mining ETH and holding it, or exchanging it for bitcoin from time to time, but I believe there's better business opportunities doing some trading.

Could you advice on how risky it is to attempt this?
Do you know some serious company doing crypto currency trading?
Do you have any experience with this type of trading?

Have a good week!
Chris

Thats possible but it is possible only if you are willing to spend huge time and patience on the trades that yo have got for the swing trading. The precautionary thing would be --> Keep yourself very patient as you can wait for your +1% profit but in the process it could be the possibility that you may end up hitting sudden loss of -10% if market moves too quickly, and yes this can happen and no one gauruntee you that it wont! So in such sitauon you will be down to -10 and will need to have more than 12% profits to cover the loss plus to get the +1% for your daily deals. This way it could go wrong and you may need to put more efforts to make it right.

Swing trades : Is not possible with each and every coin around the crypto currencies but only with some or few. So better to choose perfect portfolio before you can get started.

[nsasuiteb]

If any program or method offers a certain percentage of gain like 1% or %15, it would be just marketing. There would not be such certain gain always. But 1% is easy indeed but not certain always.

[pawanjain]

I will keep it simple for you here. Anything is possible in the world of crypto if you know how to achieve it. In the trading world it means that if you are well experienced and have high knowledge about what you are doing then chances are there that you " might " be able to do it but the thing is that how much ever experienced you are, the luck might change any time since crypto is too volatile and heavily manipulated. So we cant be assured of getting 1% daily. Some times we might and the other times we may not get it.

[Hamphser]

I will keep it simple for you here. Anything is possible in the world of crypto if you know how to achieve it. In the trading world it means that if you are well experienced and have high knowledge about what you are doing then chances are there that you " might " be able to do it but the thing is that how much ever experienced you are, the luck might change any time since crypto is too volatile and heavily manipulated. So we cant be assured of getting 1% daily. Some times we might and the other times we may not get it.

With this very volatile market we can really presumed or expect that losing out money will be there but reaching out targets is really very plausible with this market.There are even times that we might able to get  even more percentage on a single day depending on which coin we are engage to.Chances are always there but this would only depend on how we gonna choose and how we gonna do such actions towards it.

[jimbo2000]

1% per day is feasible and some would argue easy depending on what you actually mean by that 1%. For example, if trading bitcoin to alts and trying to grow your bitcoin holding it's perfectly reasonable. BUT that won't necessarily mean you profit in the short term because bitcoin price could be falling. If you believe in the market or just the coin you're trading for the long term then you should be able to do it. At least up until you become somewhat of a whale for that market.

[Sowik]

1% is easy af, but in my opinion its not worth the risk with big amounts of money. I usually go for safer traders where the return is a bit higher (like 10%).

[riderinred]

That is called DAY Trading and in crypto market daily gains of 1% to 5% is very common , specially in this stagnant market conditions.
Use of RSI , Stocastic RSI , bollinger bands helps in buying low and selling at top and this type of trade can be done in cyclic manner and is really fruitfull when trading is bigger amounts.

But day trading are more riskier and you can't expect stable income of 1% return from your investment if your are more skilled trader you can make it but it not possible for the newbie as the OP himself said he is newbie to trading.BUt he can try it but never invest the money more than he can afford to lose.

I am seriously confused what OP is asking here.
Day trading, swing trading, trading-bot?

As per my understanding swing trading refers to a style of trading where you buy at the start of an uptrend and then sell once a resistance is hit.
So you sell after only a fraction of the uptrend is finished.
Then you buy back once the price bounces on the next support and ride the way up till the next resistance, where you sell again and rebuy at support/pullback zone.

This style of trading is usually used when one does not want to sell out of said asset but also wants to increase their position or take profit while the uptrend continues.

I personally have used this style together with double up (you buy more of a coin that went down greatly to decrease your break-even) successfully in turning bad trades into profit again.
But be warned, this style is much more complex than just riding the whole uptrend and then selling once it is turning to a downtrend.

[tbalazs]

Making 1% every day? maybe on the long run, maybe because of luck but I dont really see anyone who is a real "pro" and actually can make this kind of money..

[Miracleismyidol]

Hi folks!

Lately I've been reading about people doing the so called "Swing trading" on different altcoins doing a daily +%1 profit, or 1.5% considering the operation fees to buy and sell. So I've been wondering how risky it could be and how to actually reduce it's risk. I've been mostly mining ETH and holding it, or exchanging it for bitcoin from time to time, but I believe there's better business opportunities doing some trading.

Could you advice on how risky it is to attempt this?
Do you know some serious company doing crypto currency trading?
Do you have any experience with this type of trading?

Have a good week!
Chris

You can see that the market is currently experiencing a downturn and downturn, bitcoin and altcoin prices have fallen steadily over the past few days, so collecting 10% to 20% of daily profits. It is impossible to earn $ 20000 per month, but it is possible to earn 1% of your profits each day. You just have to know the knowledge, combined with accurate market information before deciding to invest.

[dutchkay]

Swing trading is good but don't think it's easier as it sounds. Besides pursuing 1+ gains daily is actually a risky style of trading. Why is because you can't beat the market everyday. Choose days to trade when you notice good signs of profit in the market. Never you over trade that's how you will lose all your funds. Least i forget swing trading requires a knowledge of technical analysis before you can be able to make a good move. if not then i will suggest you rather stick with your mining.

[adzino]

Hi folks!

Lately I've been reading about people doing the so called "Swing trading" on different altcoins doing a daily +%1 profit, or 1.5% considering the operation fees to buy and sell. So I've been wondering how risky it could be and how to actually reduce it's risk. I've been mostly mining ETH and holding it, or exchanging it for bitcoin from time to time, but I believe there's better business opportunities doing some trading.

Could you advice on how risky it is to attempt this?
Do you know some serious company doing crypto currency trading?
Do you have any experience with this type of trading?

Have a good week!
Chris

As far as i know swing trading lasts more than a day. Typically 2 to 3 days. I guess you are talking about short term that is day trading. 1% of gain is actually quite insane to be honest and hard to execute. You will have to take lager risks to land with such profits. Better of doing to long term investment and reduce your risks.

[player514]

Hi folks!

Lately I've been reading about people doing the so called "Swing trading" on different altcoins doing a daily +%1 profit, or 1.5% considering the operation fees to buy and sell. So I've been wondering how risky it could be and how to actually reduce it's risk. I've been mostly mining ETH and holding it, or exchanging it for bitcoin from time to time, but I believe there's better business opportunities doing some trading.

Could you advice on how risky it is to attempt this?
Do you know some serious company doing crypto currency trading?
Do you have any experience with this type of trading?

Have a good week!
Chris

1% of profit daily is already big profit since 30% of profit in just a month is already big amount. According to what I know 1% is already great profit of a good trader, he is good at trading at all. Well, i wish i havr earned 1% also everytime I trade everyday.

I agree that this amount of profit is actually very significant and impressive if OP actually can keep it up consistently. To be honest, it's true that there are many other ways to make money, but a constant amount of income will always be better than having to risk some for the chance of a huge gain or a potential huge drop. You should always consider the worst case when going into trading. This is of course, my own philosophy and you may have a different outlook on it.

Don't let other people impact how you feel about making 1% daily. To me, that's very impressive especially in a volatile ecosystem that you make your money in.