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Author Topic: which is easier 1-2% a day or 20-30% per month  (Read 19264 times)
TriplexXx
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October 09, 2019, 02:32:22 PM
 #161

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

No such coin. the market is fluctuating so if you make a profit today it easy to lose that money tomorrow. people only get 20% and more when the market is bullish that is why I suggest HODLing only during the market bull run because there is no profit HODLing a coin when the market is bearish.   
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October 09, 2019, 03:27:02 PM
 #162

my personal experience, it's easier to produce 20-30% /month than 1-2% /day,
I have been trading for several years (forex and cryptocurrencies) and have tried various methods and time frames,
Daily trading does not make me comfortable. I am more suited to weekly or monthly trading.

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iMark
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October 09, 2019, 04:27:45 PM
 #163

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month
every trader has different skills, so just adjust to your skills, but if you have a short-term strategy that can really profit 1-2%, of course it's better because in every month you will produce 30-60%, but if you can't, don't force it, 20% is also worth a lot if you have a large capital.
Not only depends on the skill, but depends on the coins you buy too. Not all coins you buy can have a high increase or even have a price increase that day. adjust the profit you will take from the market situation of these coins you buy, if the coin has the possibility to go higher it is not a problem to wait until the price rises to above 10%, that includes large profits in one day, many altcoins can go up more than that in just 1 day, once again it depends on the market conditions of each coin.
Artime
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August 23, 2021, 06:03:53 AM
 #164

To avoid risk, it is best to choose a coin that already has a certain weight.
checkmatesir
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August 23, 2021, 09:40:22 AM
 #165

In day trading there will be more chances of loss, because it is risks on daily basis and you know really well having trading strategies, there must be some good fortune of every trader to make profits, you can easily make 1-2% daily in day trading but as i had already tell you that you have to be ready for the loss too.

imstillthebest
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August 23, 2021, 09:59:45 AM
 #166

To avoid risk, it is best to choose a coin that already has a certain weight.
yeah bro it all starts there before we can proceed on deciding if we will do daily trades or invest and harvest our profits monthly .
 choosing a good coin reduces our risk but theres no way of avoidig a risk like what you are saying .

In day trading there will be more chances of loss, because it is risks on daily basis and you know really well having trading strategies, there must be some good fortune of every trader to make profits, you can easily make 1-2% daily in day trading but as i had already tell you that you have to be ready for the loss too.
good skills plus luck and at the end we are only going to earn 1 to 2 percent?
 but investing and making profit for a month looks good at its kinda bit easy at the same time , no wonder many people chooses this path over the other one .
Pasa32
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August 23, 2021, 10:02:17 AM
 #167

For long term coins you need to have a big capital and for day trading or short term you need to start with a small capital, it doesn't matter. But there will be more risks of losing money, And another think i must tell you that 2-3% of profit you can get it easily by following the trading strategies.

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August 23, 2021, 02:31:27 PM
 #168

In day trading there will be more chances of loss, because it is risks on daily basis and you know really well having trading strategies, there must be some good fortune of every trader to make profits, you can easily make 1-2% daily in day trading but as i had already tell you that you have to be ready for the loss too.
Daily trading is certainly more complex in terms of things that must be mastered, because of course it will be more difficult for us to pay attention to markets that have high fluctuations. For people who are experienced in trading, I think 1-2% profit is a logical number to achieve in trading. although sometimes we suffer losses, but in a month we can earn 20-30% is a successful achievement

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August 23, 2021, 03:07:21 PM
 #169

I think monthly base is best because when we do daily profit or loos also face so when we see loos we are overminded so that's why we are panic sell best way is monthly base profit is best and we can easily gain this

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August 23, 2021, 03:45:02 PM
 #170

Targeting 1-2 percents daily is not the problem as these can be achieved very easily.  The concern here is missing the huge potential movement in price on your traded coin.  Cryptocurrency gains could be astronomical and the losses could be devastating as well!  The important thing however is to create a strategy that will make you richer instead of getting bye on your daily trade!

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August 23, 2021, 07:25:12 PM
 #171

Targeting 1-2 percents daily is not the problem as these can be achieved very easily.  The concern here is missing the huge potential movement in price on your traded coin.  Cryptocurrency gains could be astronomical and the losses could be devastating as well!  The important thing however is to create a strategy that will make you richer instead of getting bye on your daily trade!
I do not think that making 1-2% daily is easy, nobody can do that consistently without a problem, missing out on the future bigger profits is not the issue here at all. Can you make 1-2% daily sometimes? Of course you can, you can make even more, you can keep on making ton of profit, I know days I made 2x profit on my trades, it is definitely possible and it is definitely not an issue.

However the question here is not making it once in a while, the problem is that can you make it "daily"? And anyone who thinks that it is easy to make that every day is kidding themselves, it is not possible to make that daily at all, it is definitely a big problem whenever there is a bear market and that is why I believe that we should not be really considering this as an easy way to make money, we should be finding longer term profits more steady and reliable in these cases.

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