Majharul Saiif
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BountyMarketCap
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February 13, 2021, 01:08:07 PM |
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If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
From my own experience, I can say that I can earn almost 40-60% profit in trading based on month trading. It already proved for me that I had earned that amount almost 4 months and still I am involved with trading and this bullish market helped me a lot to make it more. Please use your own brain with others signals which you followed or maybe followed.
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blckhawk
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February 13, 2021, 02:42:03 PM |
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If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
Well, the net a month will vary depending on the market situation like in this current market where everything is performing well or in a trend I'd say you will get a pretty decent amount, can't exactly tell the numbers because it will also depend on the coin you are going to invest with. The net profit could also vary depending on your trade performance because not all the time you will take profit. But at least try to get a target profit a day and don't be greedy in that way you could even get 50% or more if you execute your trade very well.
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beerlover
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February 13, 2021, 03:09:28 PM |
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If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
You can get like two to five percent daily and going by that you will be having not less than thirty percent by the end of the month. But, you will have to know how to and also make use of the right tool, like the stop loss tool, which can be very helpful if you are to use it the right way. It’s not just about getting tools to make use of, you also need to understand how those tools works because if you don’t understand how the tools works you’re not going to be able to use the right way and make profit. The stop loss tool has to be set the right way, you have to make sure that the loss you’re encountering is not more than the profit you’re going for ,because when the loss is too much more than the profit, you will be gaining nothing. Although I have seen people who claim they are really good that they don’t have to make use of these tools. But that’s left for them, they should decide for themselves.
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darewaller
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February 13, 2021, 07:16:46 PM |
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Newbies traders who enter the market without proper groundwork on trading and how these market operate are more eligible to go with the zero profit scheme. I appreciate your enthusiasm but that is what is going to drag you down as well. Full-time trading? Not for the average user who has entered the crypto sphere recently and got pumped up seeing some shill youtube videos about trading. One of the biggest things that can help you is patience for watching the market and knowing when to buy and when to sell. Currently the price is high and Elon-musked high. Hence this is the time to sell NOT buy. In other words, wrong time to enter the market. Read past charts and observe the support levels. Dont just buy thinking this is going up and this is not. Indicators and all are only markers, not absolute of the trend. I do agree that newbies trying to go from zero to 10x is really weird, first of all the idea of "zero to 10x" literally means zero, because 0x14 is still zero. Whereas going from 100 bucks to 1400 bucks for example is a valid thing and many newbies who are young do not even have that, everyone thinks "even a kid has 100 bucks" but that is USA or UK or places like that, I remember when I was a kid and I survived with only few bucks a day, that is how you do in third world countries. Long story short becoming a very well trader that does 10x requires you to be amazing and give all you got as well, if you end up not being any good at all, do not be shocked at first because when you first start you will not be great and eventually you will get better and better. My first trades were horrible, but my latest ones made me a lot of money, you just get better over time.
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noormcs5
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February 13, 2021, 07:36:01 PM |
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If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
In the current market situation where almost every altcoin is going up you can make a lot of profit, minimum 2x-3x on monthly basis. But this ratio of the profit making will decrease in bear market and at times you won't be able to make any profit. I would not recommend you to do full time trading with only capital of 10,000$.
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CryptopreneurBrainboss
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February 14, 2021, 06:13:51 AM |
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[quote author=9thsky link=topic=5315634.msg56299784#msg56299784 In the current market situation where almost every altcoin is going up you can make a lot of profit, minimum 2x-3x on monthly basis. But this ratio of the profit making will decrease in bear market and at times you won't be able to make any profit. I would not recommend you to do full time trading with only capital of 10,000$.
Exactly, I would had just suggested investing, you have a capital of $10,000 that can easily turn $100,000 in matter of weeks or approximately one month. The altcoins are giving great return of investment at the very moment. You can take advantage of this and be very quick in taking profit, don't get attached as nobody know when the crash will come by. Obviously a large allocation should be given to bitcoin then some $1000 capital can be invested in selective coins especially those with strong fundamentals and have the support of the community. Most of those coins can be found on binance, while most of them have already been hyped some are yet to moon. DeFi coins are also doing quite well but just like last time, if you'll be picking interest in them, you should be very cautious as the hacks are still coming in, causinytge price that crash within minutes.
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FIFA worldcup
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February 14, 2021, 08:02:03 AM |
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If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
From my own experience, I can say that I can earn almost 40-60% profit in trading based on month trading. It already proved for me that I had earned that amount almost 4 months and still I am involved with trading and this bullish market helped me a lot to make it more. Please use your own brain with others signals which you followed or maybe followed. This is the year where you can make good returns by altcoin trading. I am also involved in trading and making some nice gains. However as many altcoins are pumping 30-50% daily, its time to be cautious and do get over confident. Trade carefully and keep on taking profits on the way.
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iamsheikhadil
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February 14, 2021, 10:31:56 AM |
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With a $10,000 starting capital, as a noob I will probably lose half of it even before one month so most likely I will get into copy trading and probably will make an average of $100-200 a month taking all average of net loss and profit? But, if we don't keep the crypto volatility constant because the main motive of trading is to gain from miraculous growth by researching on market predictions beforehand, or if I just left that amount in holding, it would be at least 3 times now if it was left in Bitcoin and if it was in doge, I would probably have around $80,000 which is on average $5000 a month
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MCobian
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February 14, 2021, 11:01:47 AM |
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Having a trading capital of $ 10,000 is very large in my opinion. Because I am currently only trading with a capital of $ 1500. If you can analyze Bitcoin movements correctly, I think with a capital of $ 10,000 can make a profit of about $ 500 - $ 1000 in a month. This is a very large amount of profit in my opinion, compared to if you invest in a bank, which only gives you 6% a year profit. Therefore, now many institutions are aware that investing in Bitcoin is more profitable than investing in other assets.
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CryptocurencyKing
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February 14, 2021, 11:55:17 AM |
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A lot plays a role in how much one can make through trading. Ranging from your experience in the field, your capital, trading strategy and if your either a long term trader. It all defines how much acquainted you are to the field and how much you could make depending on these elements of your trading. But on a normal scale to an average day trader, making as much as $15-20 daily is enough if you can arrive at such result with your expertise. But then, you can't always win on your trades so, it could be less at times too and it's still a good thing so long as the week's ground total often ends in profit for you. Then your doing great.
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Natsuu
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February 14, 2021, 12:01:09 PM |
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If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
Trading is mostly losing than winning, and it is the truth that is very hard to swallow, though through experience, we can reverse this. Given by the OP statement, and only a month of day trading, you will prolly get about 10-20% of your overall capital as: 1. You won't trade all 10,000$ in one coin, so even if you've invest in doge, pretty much you only invested somehow 2-3k of the capital in it 2. Some of your trades will results to a loss, thus decreasing what you might gain in some other trades.
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Maslate
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February 14, 2021, 01:54:16 PM |
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If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
Trading is mostly losing than winning, and it is the truth that is very hard to swallow, though through experience, we can reverse this. Given by the OP statement, and only a month of day trading, you will prolly get about 10-20% of your overall capital as: 1. You won't trade all 10,000$ in one coin, so even if you've invest in doge, pretty much you only invested somehow 2-3k of the capital in it 2. Some of your trades will results to a loss, thus decreasing what you might gain in some other trades. Maybe you are right saying trading is mostly in losing but you can take it back if you never quit. I may not so lucky this time, but maybe it changes by tomorrow. That is all about and we can make all the times in winning, but sometimes we experience losses as well. Many traders did not continue in trading because they find themselves out from it. And of course, he can't take back their losses for that leaving. And if OP is already prepared for this, backup with knowledge, I think he can do it. He can probably make a 10-20% profit or even more depending on his capabilities and his chosen coins to trade.
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TheUltraElite
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February 15, 2021, 11:51:27 AM |
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So far from the experience I have experienced, if you want to apply monthly trading, you must be able to pay attention to the capital money and coins you buy because the profits you get every month depend on the capital you use and of course the coins you buy must be considered, if a few months then you buy Dogecoin so you can get a lot of profit and when using a lot of capital you can become rich instantly.
Why doge amigo? Because it got pumped up by Musk? I would not suggest such an altcoin to be bought for a newbie. The FOMO with DOGE is pretty clear now. Although the DOGE price tanked a bit, people might still be willing to buy it. Nevertheless, instead of getting a profit, they might be at a loss already if they are caught in the middle of selling it and holding it. DOGE does not have any technological development of its own so it lack the possibility of growth. I would say MrMusk made a fool of the crypto people by selling it on their heads after pumping it. The only thing one can suggest is bitcoin but of course not at this price.
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Yatsan
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February 15, 2021, 11:26:14 PM |
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Actually being realistic one how much a certain individual can possibly attain during one month straight trading is still dependable on how he certainly do his trade because we do have different ways on doing our trading and different budget of course for the capital to start with as well the coins we choose to trade so the results will be hard to be stated because there are certain things that are dependable making it real hard to tell how much someone do on trading. It can be small or big like $5,000-$10,000 per month on average just base on what I think it can be possible but I guess others will be smaller or be bigger than that.
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FanEagle
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February 16, 2021, 01:21:47 PM |
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Actually being realistic one how much a certain individual can possibly attain during one month straight trading is still dependable on how he certainly do his trade because we do have different ways on doing our trading and different budget of course for the capital to start with as well the coins we choose to trade so the results will be hard to be stated because there are certain things that are dependable making it real hard to tell how much someone do on trading. It can be small or big like $5,000-$10,000 per month on average just base on what I think it can be possible but I guess others will be smaller or be bigger than that.
5k to 10k is nothing if you got in with a million dollars, it is a huge ton of money if you got in with 100 dollars, so it is not about the amount but it is about the % you make in trading. I believe during bull months it is easy to make 100% per month and everyone seems to think I am crazy to think making 100% is possible per month but I am talking about only the past 5-6 months for example, not generally. But on bear months you could literally drop 90% in value as well, your million dollars could become 100k or your 1k could become 100 dollars, that is all possible if you want to trade in the bear market, I remember people leaving with 50% loss in a single day. So, that is why it all depends on the moment and not the trader that much, sure being a good trader is important but knowing when to trade is a lot more important.
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Julien_Olynpic
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February 16, 2021, 05:11:08 PM |
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I would not count on profit on a monthly basis. I think it is wise to plan your trade for longer periods. Such periods could be one year or even several years. Plus, your profit is highly dependent on what kind of market is right now. Now the market is bullish and we can look forward to a larger profit than during the bear market. But still, even in a bull market, no one guarantees you profit. Even in a bull market, you can lose all your profits. People who take out loans to trade or use margin trading often lose everything. They trade in a bull market though. It’s a paradox, but it’s true.
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Oilacris
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February 16, 2021, 09:48:20 PM |
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I would not count on profit on a monthly basis. I think it is wise to plan your trade for longer periods. Such periods could be one year or even several years. Plus, your profit is highly dependent on what kind of market is right now. Now the market is bullish and we can look forward to a larger profit than during the bear market. But still, even in a bull market, no one guarantees you profit. Even in a bull market, you can lose all your profits. People who take out loans to trade or use margin trading often lose everything. They trade in a bull market though. It’s a paradox, but it’s true.
Not all would really be having that kind of mindset or target goals for them to take profit in a years or several years time.We can classify two types of traders which are those for long terms and those are just for short terms which means active trading is there where you do get involved with the market in days time for you to make some move.When it comes to profits then we do have our own target or we had been set out neither 10% or even more and some do even set out those unrealistic but sooner or later they would really able to realize that trading isnt really an easy thing. Generally in talking about being realistic then theres no such thing about precise or constant monthly gains, it will always vary on how you do well in playing out the market and also that market price condition is always a great factor that can affect someones profitability.
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qwertyup23
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February 16, 2021, 11:57:51 PM |
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If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
There was an article that I read that 97% of the traders who do short-term lose money on their first month of trading while the remaining 3% earn as much as a bank teller. 1The problem with trading is you need a relatively large amount of capital if you want to increase your chances of earning. In addition, trading is a skill that MUST be sharpen through experience and time. No matter how many times you read an actual book or watch videos about techniques on trading, without actual and personal experience, you will never grasp the actuality of trading. 1 https://www.informedfinancials.com/2020/12/29/is-day-trading-for-a-living-your-dream-job-get-another-one-study-says-97-of-day-traders-lose-money/
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Sinjokubhi
Jr. Member
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Activity: 187
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Sinjokubhi
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February 17, 2021, 02:49:54 AM |
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If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
In fact, realistic income depends on how we ourselves manage the funds we trade. If it is for full time it is more precisely to invest. Realistic results are sometimes not as expected, but by the way we manage it well, we can make a profit. By paying attention, the news that is happening or from the market place with all the risks. Examples like this, you have $ 100 and you want to spend it all to buy bitcoin, so when the current bitcoin price rises 50%, you will get bitcoin for 0.0030 BTC or the same as $ 150, here you have made a profit, but you know that the price will go down the following week. It all goes back to your choice, holding it to wait for the price to rise again, or selling it as a whole, or selling it 75% of the total raised and holding the rest to be used as the next asset. Here you can also buy bitcoins in smaller amounts according to your needs.
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jerry0
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February 17, 2021, 04:56:29 AM |
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Im curious but what percentage of trades win/lose when you count everybody including those who daytrade for a living? Because it seem like people say almost everyone who isn't a full time trader is losing? I find this hard to believe especially when all prices are going up. I assume its when the prices drop, then people lose? But then again how do they lose unless they sell?
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