Can we do 15 - 30$+ per day by trading successfully in these market conditions?

[xcajun21]

This was achievable back in the bull run (buy low, sell high) and with the help of bounty campaigns here on the forum.
Right now, with either shorting or going long, it is kind of a gamble (either goes up, or goes down), so choose one direction and place your bet. At least it seemed so, without professional experience of technical analysis, or without big capital in order not to care about attachments...

So if one wants to achieve his target at least, can he do it?
How?
What were your successfully trades like?
How to do it consistently...

[cryptotrader 101]

if you think you will be making money on the daily basis with crypto your making a big mistake. you are better off just buying bitcoin
and forget about it for 5 years and then cashing out or cashing out a portion of it

[xcajun21]

if you think you will be making money on the daily basis with crypto your making a big mistake. you are better off just buying bitcoin
and forget about it for 5 years and then cashing out or cashing out a portion of it

Oh, sorry. What i wanted to say: I have been around for some time, and i followed some TA charting by some experienced people. Right now i am not talking about taking a risk by buying more bitcoins. I am looking for successful trades, or mindsets that people used to achieve their financial goals related to crypto... As active income, or as a passive source of income.

Any stories?

[TheReverend]

i think that depends on how much your capital, and how lucky you are.
trading not like you go to work and get pay everyday,sometime you lose,sometime win.
i know we make analyze before buy but analysis can't accurate 100% they some miss.

[slackcryptoz]

The market has been fluctuating regularly at certain time interval. With this it is completely possible to make $15-$30 per day. For the same it requires high skill to move the assets according to the market. Another important thing is the large volume of crypto holdings in the portfolio.

[butka]

This was achievable back in the bull run (buy low, sell high)

It doesn't matter whether it is a bull run or a bear run. There are platforms where you can short during bear runs. You can make money in any market. The hard part is to know what you are doing. 99 percent of traders don't know and end up being ripped off.

Right now, with either shorting or going long, it is kind of a gamble (either goes up, or goes down), so choose one direction and place your bet.  

It is always a kind of a gamble. The trick is to improve the odds in your favor by using some kind of system (based on technical analysis).

...without big capital in order not to care about attachments...
...
How to do it consistently...

That kind of return is impossible without big capital. Why? So that you can risk 1 to 2 percent of your account with each trade, not more than that. If you risk more than that, you will quickly ruin your account.
Moreover, you shouldn't measure your gains on a daily basis. That kind of consistent return is impossible on a daily basis.
Recalculate that on a yearly basis.

[manhdn]

One option to for you to take a look is using an trading auto-bot. The most popular bot on Bitcointalk is Gunbot, you can do some research about that. This shop is offering the best price for it https://cwcgunbot.com

[tdrinker]

This was achievable back in the bull run (buy low, sell high) and with the help of bounty campaigns here on the forum.
Right now, with either shorting or going long, it is kind of a gamble (either goes up, or goes down), so choose one direction and place your bet. At least it seemed so, without professional experience of technical analysis, or without big capital in order not to care about attachments...

So if one wants to achieve his target at least, can he do it?
How?
What were your successfully trades like?
How to do it consistently...

You will not need a huge amount of capital for that level of return. If you could get together $3000 you would only need to make 1% daily to reach your upper goal. The thing is you shouldn't aim for 1% every day, but more than 1% on some favourable days and other days just take a day off.

[St4yInTh3D4rk]

This was achievable back in the bull run (buy low, sell high) and with the help of bounty campaigns here on the forum.
Right now, with either shorting or going long, it is kind of a gamble (either goes up, or goes down), so choose one direction and place your bet. At least it seemed so, without professional experience of technical analysis, or without big capital in order not to care about attachments...

So if one wants to achieve his target at least, can he do it?
How?
What were your successfully trades like?
How to do it consistently...

Today also it is possible,you can make money from trading the crypto currencies and don't compare trading with working on bounties where you may not get much money but in trading you can earn as much as you can based on your skill and how much capital you have.If you have about $1000 or more you can make good profits everyday but not always.

[pundit]

I found crypto trading more complex, there is not much volume in crypto market yet and sometimes there is pump and dump of coins where every tech analysis fail, if we consider trading only BTC, ETC, BCH or some popular coins like XRP then only we can generate a decent income provided we have sound knowledge of reading charts, its possible to make a decent amount on good setups but not everyday as everyday is not a trading day.

[Pursuer]

being on a downtrend doesn't mean you can't make profit. being in an unpredictable market means you can no longer make profit. for example in case of bitcoin there was no way of predicting price fall below $6k that could last but as soon as it started and the manipulation became evident price crashed below the major support line and by then you could be sure that it continues more. and that could have been your chance of making profit before we enter the unpredictable stage again where you can't tell when the manipulation would be over to let the price shoot back up again.

[Wind_FURY]

OP, day trading will NOT give you consistent profits. It would be better for you to look for a real job, and save a percentage of your salary to buy and hold Bitcoin, or a good altcoin.

[xcajun21]

Thanks for valuable answers. Nice insights...

This was achievable back in the bull run (buy low, sell high)

It doesn't matter whether it is a bull run or a bear run. There are platforms where you can short during bear runs. You can make money in any market. The hard part is to know what you are doing. 99 percent of traders don't know and end up being ripped off.

Right now, with either shorting or going long, it is kind of a gamble (either goes up, or goes down), so choose one direction and place your bet.  

It is always a kind of a gamble. The trick is to improve the odds in your favor by using some kind of system (based on technical analysis).

...without big capital in order not to care about attachments...
...
How to do it consistently...

That kind of return is impossible without big capital. Why? So that you can risk 1 to 2 percent of your account with each trade, not more than that. If you risk more than that, you will quickly ruin your account.
Moreover, you shouldn't measure your gains on a daily basis. That kind of consistent return is impossible on a daily basis.
Recalculate that on a yearly basis.

For some reason, it was clear to me that is a sort of gamble, but i thought some people got 100% of the hits (somehow), but this was only seeing their confidence, or management style. Yeah, 1 or 2 percent would be good because those who can afford to "bet" those percentages, already know (first of) this strategy, thus they are more vigilant, meaning they have some knowledge already, someone else would not have until hitting the bottom, or was lucky enough to listen to the right signals, and have less distractions. Also, some sort of cash flow is needed i think, in order to have spare capitol for balancing losses a bit, while also adding to the gains.
Personally i followed a bit of the chartguys, real crypto, krown, and some tone vays. Brandt is also big on crypto. Had lots of revenge trading, and lots of confusion of what the heck is going on (crypto).

[butka]

Yeah, 1 or 2 percent would be good because those who can afford to "bet" those percentages, already know (first of) this strategy,...

Every decent trader out there will suggest never to risk more than that. Only scammers or people who market their products and courses promise huge returns because they want to attract attention.

The reason why this percentage is so small is simple:

Even if your strategy gives you a 70% winning chance on every trade (which is a pretty good strategy BTW), the probability of having 5 or 6 losing streaks is still high. It won't happen that you have 7 wins out of every 10 trades you take. It may happen, for example, that you have 2 wins and then 6 loses and then more wins. Now if you use 10 percent of your account for each trade, those 6 consecutive loses will decimate your account.

So my guess is that those individuals who promise unrealistic returns, either don't know what they are talking, or want to attract attention for some material gain.

It may also happen that a newbie has a beginners luck, a streak of good trades, which can be even worse in some respect than a streak of bad luck. Because they won't really understand what has hit them when the luck has gone.

[btc78]

i think that depends on how much your capital, and how lucky you are.
trading not like you go to work and get pay everyday,sometime you lose,sometime win.
i know we make analyze before buy but analysis can't accurate 100% they some miss.

Exactly right mate,because this will depend kn your capitalization and your luck since no one really knows what will be the novement of each cryptocurrency,technical analysis wasnt enough to learn if this coin wil grow or not so if you are looking for 15$ aday of profit this will not be easy to tell.because i had stopped trading for almost a year now and instead i managed to wait and make it as long term investing

[beerlover]

You can never make a guaranteed trading profit ever. There is not a single person on earth that had successfully managed to make money constantly over time. Even warren buffet whose job is to invest and make money with money had years that he failed and he is constantly on top 5 richest person alive.

It means there is no guaranteed way of making money this way, you can of course have great days and you can have bad days and you can hope that your averages are 15-30 dollars per day and that way you won't be making 15-30 everyday but your averages can come to that but its still quite risky. However there are places that give you bitcoin back like savings account for your money and if you put up 136 thousand dollars into freebitco.in website they give you %4 or so return yearly which is about 15 dollars a day.

[emmybd]

In the current market situation, it is very difficult to make 15 - 30$ per day, even in good market situation it is a very difficult tasks. You can certainly make good profits if you go for long-term trading, just buy cheap when the market is down and hold for a year or two.

[macstrong12]

I would say yes because I have done that but not every day , some days I made more than 50$ some days came with loss , If you are a leverage trader you can make it happen in one day easily but for a simple trader it is harder .

[Lynks]

Yes its possible to make that type of gain in a day. But always learn to remove greed so as to maximise the profit. Learn to wait for good entry point.  Dont enter blind

[Rohtox]

$15 -$30 every day is a good profit but to get that I think you need $300- $500 to trade. it's difficult but you can get it if you use the support and resistance strategy correctly