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Author Topic: day trading for quick profit  (Read 2297 times)
Cimmy_revenger
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March 30, 2018, 04:23:39 PM
 #21

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?
1 : how much capital do you have for trading ?
2 : if your capital is under 300 dollars i think it is quite difficult to earn 50 dollars profit.
3 : but if you have 300 dollars for trading BTC pair with altcoin it is not impossible anymore if only your target is only 50 dollars.

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March 30, 2018, 04:32:57 PM
 #22

BTC is a sure profit but I think it is not a good time now to enter day trading because the prices now keeps dropping not a normal crypto cycle so instead day trading try long term trading.
boy130
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March 30, 2018, 04:33:11 PM
 #23

Definitely possible to make a profit whilst day trading, however it is certainly more difficult considering the current market, as you will have to work out which coin is falling the least, and trade against that. Or you can just trade against USDT, but that is less likely to yield the highest profit per day. To make $50 a day with this method you will have to be starting with at least $1,000 and that would be making 5% profit a day, which is highly unlikely. A more realistic amount would be making $50 per day trading with $10,000 starting capital.
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March 30, 2018, 05:06:46 PM
 #24

Well 50$ is relativly huge sum you want to make. I came in crypto with same questions hopes and ideas of trading. First of all you have to understand there will be good and bad days or in your example trades. Start it slow dont invest much in one trade its hard to leave a trade you invested everything with loss even knowing it will get worse , trust me so split it even on few coins/ trade you got comfortable with make some research about scalping and day trading youtube is good place for it and you can find enought knowledge about it for free. Most important thing would be for you is to keep in mind  that you trade to learn and make some money not a fixed sum becouse if you wont you will keep chasing that sum and this will screw up you ability to trade clearly.
Dont forget practice makes perfect.
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March 30, 2018, 06:06:33 PM
 #25

It depends on the initial abount of your deposit. With 1 BTC those 50$ could be earned by catching a small fluctuation during the day even without leverage. But this will be more about your luck then experience, suck movements can be really fast.
The other important thing is that your income from trading will never be fixed. Even if an experienced trader will make a chart that will show the growth of his deposit then it will never be an upcoming line. With your deposot sometimes you can get +1-5% on one day and then lose even more during the next week and then get back to the positive balance. Trading is not a job with a fixed salary.
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March 30, 2018, 06:28:15 PM
 #26

The price of bitcoin and crypto currency is fluctuate often.When the price increased,you will get 100% profit in short term then mining Settings.
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March 30, 2018, 07:27:20 PM
 #27

Mostly they have said here is true and you really need a good capital to achieve that $50 per day you are talking. It is quite a big money per day so therefore it should required some bigger funds too. Also you have to be very good at looking and analyzing the charts for technical analysis and do not expect too much for your first day of trading, you must have to learn all the basics before you invest bigger funds.

3996
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March 31, 2018, 10:26:07 AM
 #28

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?

If you want to make a profit of $ 50 a day in cryptoindustry, your deposit should be at least 2000-3000 dollars, then with a daily trade of 2-2,5% of the deposit and a little experience, you could make it real.
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March 31, 2018, 10:56:27 AM
 #29

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?

This is possible if you have a large capital like $2500 if you can make a 2% profit per day, that's 50$! And choose the highest volume pair, yes it's btc/usdt.
Manchumichael
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March 31, 2018, 11:13:32 AM
 #30

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?

This is possible if you have a large capital like $2500 if you can make a 2% profit per day, that's 50$! And choose the highest volume pair, yes it's btc/usdt.

Yes it is possible but doesn't expect daily profit because every day the price will not fluctuate in the high margin. every 3 or 4 days once if you trade means there is a possibility to make $50 per day. yup your capital must be high or it's not possible.
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March 31, 2018, 11:48:25 AM
 #31

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?

To get that much money daily you will need to put more than 1000 bucks in the investment. I mean if you have that much and if you somehow manage the 5-10% window in the margin then you will receive that holy amount bro! Because there is no way to put very less amount and then hope for the 50% margin in profit!! That way would be most difficult to catch the profits and thus you will have to have bigger amounts in deposit to gain same amount in profit with less % spikes. The crypto currencies are currently dropping at alarming rate and if you try to achieve your goal in such situation then I am pretty sure you will loose lot of money. The day trading wont be much profitable for you this time, better start with hold.

 
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March 31, 2018, 12:00:10 PM
 #32

Day trading is very risky it is not for everybody. Only experienced traders who have been trading for long can be successful in day trading. So, you would better trade for longer-period of time.
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March 31, 2018, 12:17:24 PM
 #33

More profit more risk, if you want to make $50/day you must invest a lot of money there.  If you have known Technical Analysis maybe you can earn faster but there is no guarantee 100% you always earn with TA, but it can help you.
AnonBitCoiner
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March 31, 2018, 12:48:34 PM
 #34

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?

It's only possible in day trading.On every day,the price of bitcoin and altcoin will be low at the beginning of the day.If you sell the brought bitcoin at the end of the day it's quite enough to get 50$.But for that you have to buy a huge amount of bitcoin at the crash of bitcoin price.



 

 

 

 

 

 


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March 31, 2018, 12:55:31 PM
 #35

A profit of 50$ a day in BTC to USD or vice versa is achievable even if you have limited capital. Even if you will start with 1,000$ you can have that profit. Bitcoin's price change can go up 500$ or even 1000$ in a day. It is so volatile that making money out of it is easy, but the same can be said as losing money out of it. The possibility of you earning 50$ a day is there but the thing you need the most is of course knowledge in trading, without it you won't know when to buy and sell and you might end up losing your capital at the end. Learn while you trade in the process, who knows 50$ might be just the minimum you will earn in a day.

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March 31, 2018, 12:59:10 PM
 #36

The reason why many people doing daily trading is to have quick profit. Your question is if possible to $50 profit. Yes is possible if you were trading a big amount of investment where $50 profit was just immaterial since you were talking about thousand amount of trading.
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March 31, 2018, 01:24:00 PM
 #37

It's not always quick profit for day trading even though you place a large capital on a specific coin like bitcoin, sometimes things don't go well according to your plan and strategy and there's no fixed amount of capital to earn and maintain the 50 dollar return of earnings every day, the common thing to do is branch out all the coins that are proven to make in a day trading, current markets condition is not favorable so you can also hold some of them as it is more profitable when the crypto is mooning again.
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March 31, 2018, 06:26:01 PM
 #38

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?

It is possible if you have big capital of bitcoin and also the perfect timing in buying bitcoin and converting into usdt. But it is not that easy to achieve right now that bitcoin value is still very unpredictable, only the trading experts knows it very well.

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March 31, 2018, 06:30:37 PM
 #39

Don't think day trading is an easy job because it is not there is huge risk involving in the day trading because you need to do more trades as much as possible if you want to make profits so every time you are doing trading the chance of losing money is also there.So if you want a job the choose day trading with knowledge or else go to the holding option.
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March 31, 2018, 06:42:58 PM
 #40

It is possible if you have big capital of bitcoin and also the perfect timing in buying bitcoin and converting into usdt. But it is not that easy to achieve right now that bitcoin value is still very unpredictable, only the trading experts knows it very well.
There is no such a thing as perfect timing when it comes to day trading, especially when the market can steer itself to all possible directions. I see it more as gambling than something being close to trading.

Day trading in these conditions is just buying, and then after that you'll find out whether or not it was the perfect timing. It's nothing more than hoping that you granted yourself a solid entry point.

This market is all over the place and can change from positive to negative in an instant. This of course doesn't mean there is no room for profits, but the far majority of the people aren't able to benefit.

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