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Author Topic: Do you have any methods to do it?  (Read 1064 times)
agustina2
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October 06, 2023, 11:57:09 PM
 #121

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

You have to really test different strategies until you come up with the one that is really effective.

Yes, it's possible to earn $50 - $500 every day with spot trading but pushing on that might give you a worst result because you are being aggressive.

Try to make your trading without stress. Regardless of the profit per day, just do day trading without pressuring yourself.
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October 07, 2023, 02:35:33 PM
 #122

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?
For someone who is skilled at trading on the market, such as daily traders, making profits every day seems to be possible. But the problem is that not everyone can become a reliable day trader. I am also studying to become a day trader. And yeah I'm still not proficient. I still have more to learn. Because each of me often messes up by leaving the analysis that I have made. But one thing that is certain in trading on the spot market is that we must have quite large capital if we want to easily get daily profits of up to $50 USD per day.

I have an acquaintance who is also a day trader. But he said that not every day he can get maximum profits.

It is possible to earn 50-100 dollars a day in crypto trading, but it is not easy to do that. The only ones who can do that are traders who have a large fund in the exchange and a deep understanding of trading activity. Now this is my question: are you an expert crypto trader? Do you have a lot of trading experience here in the crypto space? Do you have a big fund?

So that you can get that, there is a chance that no matter how good you are at reading the chart in terms of technical and fundamentals, if the market is a bit gentle and the bad news in the crypto industry goes hand in hand, it will appear in the end as useless.

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October 07, 2023, 03:04:03 PM
 #123

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?
For someone who is skilled at trading on the market, such as daily traders, making profits every day seems to be possible. But the problem is that not everyone can become a reliable day trader. I am also studying to become a day trader. And yeah I'm still not proficient. I still have more to learn. Because each of me often messes up by leaving the analysis that I have made. But one thing that is certain in trading on the spot market is that we must have quite large capital if we want to easily get daily profits of up to $50 USD per day.

I have an acquaintance who is also a day trader. But he said that not every day he can get maximum profits.

It is possible to earn 50-100 dollars a day in crypto trading, but it is not easy to do that. The only ones who can do that are traders who have a large fund in the exchange and a deep understanding of trading activity. Now this is my question: are you an expert crypto trader? Do you have a lot of trading experience here in the crypto space? Do you have a big fund?

So that you can get that, there is a chance that no matter how good you are at reading the chart in terms of technical and fundamentals, if the market is a bit gentle and the bad news in the crypto industry goes hand in hand, it will appear in the end as useless.

I do not consider myself an expert but I do have extensive knowledge about trading and market behavior. I started trading way before I started learning about bitcoin. I have experience in forex, stock and option trading though my trading career wasn't that charming back in time. I have learned my lesson and gained experience along the way. What i found is that market behavior is wild in bitcoin compared to forex. So I need a strategy to earn as much as i was earning in forex and stock.

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October 07, 2023, 03:05:15 PM
 #124

Holding bitcoin for more than 10 years proved better than any investment. Do that Smiley
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October 08, 2023, 11:29:13 AM
 #125

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?
For someone who is skilled at trading on the market, such as daily traders, making profits every day seems to be possible. But the problem is that not everyone can become a reliable day trader. I am also studying to become a day trader. And yeah I'm still not proficient. I still have more to learn. Because each of me often messes up by leaving the analysis that I have made. But one thing that is certain in trading on the spot market is that we must have quite large capital if we want to easily get daily profits of up to $50 USD per day.

I have an acquaintance who is also a day trader. But he said that not every day he can get maximum profits.

It is possible to earn 50-100 dollars a day in crypto trading, but it is not easy to do that. The only ones who can do that are traders who have a large fund in the exchange and a deep understanding of trading activity. Now this is my question: are you an expert crypto trader? Do you have a lot of trading experience here in the crypto space? Do you have a big fund?

So that you can get that, there is a chance that no matter how good you are at reading the chart in terms of technical and fundamentals, if the market is a bit gentle and the bad news in the crypto industry goes hand in hand, it will appear in the end as useless.

I do not consider myself an expert but I do have extensive knowledge about trading and market behavior. I started trading way before I started learning about bitcoin. I have experience in forex, stock and option trading though my trading career wasn't that charming back in time. I have learned my lesson and gained experience along the way. What i found is that market behavior is wild in bitcoin compared to forex. So I need a strategy to earn as much as i was earning in forex and stock.

If you've had a lot of experience before and you've learned from the mistakes you've made, and that's what you're planning to do, then do it. I even think it's better if you try the strategy you're thinking of before you post here; at least if you've done what you're planning first and you've seen the results, whether they're good or not, you can say if it makes more sense if I compare it to this.

Right, it would have been better for us to discuss now if that's what happened, right? Others will have a better idea of your experience if you did the things you planned to do in my assessment.



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October 08, 2023, 03:40:35 PM
 #126

It should be possible with large capital. At least you must have more than $10,000 to trade. target 1% one day. but if that much money comes in one coin it will definitely move the price. no need to be complicated. I think it would be effective to set a target of 10% per transaction, which is already a lot with large capital. If we target it to be one day it will feel very difficult and even seem impossible.

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October 09, 2023, 01:29:50 AM
 #127

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

What is your portfolio, I must say that profit mostly depends on a person's portfolio, that is how much he has and how much ability he has to lose in trading at a time, he should cover himself.

The amount of $50-$100 needs a decent portfolio, through which you can generate this earning. above $15k would be better for it. How much experience do you have in crypto? If you have gained much experience and know the trading strategies then losing pressure will be less and the target is achievable, but if you are not experienced enough then it will be almost risky at some points.

But you have always been ready for a loss, some days you get more than $100, or also you can lose more than $100, so consistency is far more important, I hope you understand what I mean!

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October 09, 2023, 06:08:38 PM
 #128

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

What is your portfolio, I must say that profit mostly depends on a person's portfolio, that is how much he has and how much ability he has to lose in trading at a time, he should cover himself.

The amount of $50-$100 needs a decent portfolio, through which you can generate this earning. above $15k would be better for it. How much experience do you have in crypto? If you have gained much experience and know the trading strategies then losing pressure will be less and the target is achievable, but if you are not experienced enough then it will be almost risky at some points.

But you have always been ready for a loss, some days you get more than $100, or also you can lose more than $100, so consistency is far more important, I hope you understand what I mean!

I can not totally agree on that. Having a strong portfolio is important but this is not the only factor that will give you an amazing result. A good money management strategy and having the courage to make the right decision in time are some key factors that should be on our minds. Without proper money management your portfolio can be at risk so I wanted to know the overall strategy. The plan to enter a trade, exit from it and use a money management strategy.

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October 10, 2023, 06:04:58 AM
 #129

If you have been in the crypto space for a long time, then you have good experience with the market, and you mentioned you are a holder. If you have proper knowledge and if you have made profit from trading in the past, then surely you can earn good amount of money daily by trading. Moreover, if you adopt a good method for daily income from spot market, then surely you will be successful. It will be possible to earn $50 to $100 dollars per day by spot trading, in which case you need to increase the amount of money for investment. If you start trading with high amount of money, then you can make more profit in case you need to increase the amount of money to trade later. You can't earn much daily with small amount of money, so you need to go to higher money level. Moreover, there are risks involved, and you have to avoid those risks and be careful otherwise you may lose money.  To manage your risk, you need to analyze the market well before trading. And should you use stop loss while trading so that you don't lose much, but you can earn this amount daily.

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October 10, 2023, 05:31:07 PM
 #130

If you have been in the crypto space for a long time, then you have good experience with the market, and you mentioned you are a holder. If you have proper knowledge and if you have made profit from trading in the past, then surely you can earn good amount of money daily by trading. Moreover, if you adopt a good method for daily income from spot market, then surely you will be successful. It will be possible to earn $50 to $100 dollars per day by spot trading, in which case you need to increase the amount of money for investment. If you start trading with high amount of money, then you can make more profit in case you need to increase the amount of money to trade later. You can't earn much daily with small amount of money, so you need to go to higher money level. Moreover, there are risks involved, and you have to avoid those risks and be careful otherwise you may lose money.  To manage your risk, you need to analyze the market well before trading. And should you use stop loss while trading so that you don't lose much, but you can earn this amount daily.

Don't think a person with a low portfolio and low investments can take a huge profit from it. Trading requires certain things to get a decent profit which includes a better portfolio.

Also, a trader should learn when the stop loss should be used. If he didn't have good knowledge about it, then it would be too risky for the trader to carry on profit.

Analyzing is also a present step in trading, someone should analyze before trading and also he should have to watch the graphs and gain some knowledge about the coin he wants to invest. Also, he has some knowledge about when to take trade entry and when to exit from the trade. Day trading is only good for those who have a proper knowledge of trading. He only can take that much profit which he mentioned in his post of about $50-$100.

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October 15, 2023, 06:18:29 PM
 #131

Trading really depends on experience.  As trading is unpredictable it may not be possible to earn the amount you mentioned by trading daily. As there is profit loss in trading then you may face loss.  But it may happen that you can earn more than the amount mentioned.  There's really no way to say for sure.I personally like spot trading and sport trading can earn good amount of profit.But if the capital is more, the amount of profit is also more.
And don't forget luck because even a high skilled trader can't have a 100 percent winning rate. That is because luck isn't permanent. If the amount we set is too much for our capital, we may not achieved it most of the times but it is still possible to earn excessive amount sometimes when our luck kicks in.

Spot trading is the very basic of trading and like you many people prefer it as it was also easy to initiate and less risky than other advance types or variations of trading. Being less risky doesn't mean the profits we can get are only minimal and so what if it's only minimal? As long as we can consistently make it and save it, they can still grow huge.

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March 07, 2024, 05:28:03 PM
 #132

Yes, what’s your propose of doing In trading is not a bad idea, both greed is gonna fuck everything up I would advise you to just stick on what is working for you because Trading is what you can’t really predict. Day to day trading is good, but it’s not as easy as you think it requires a lot of analysis. I’m getting on previous street so I would advise you just continue on your particular Trading, which is the long period Trading as long as it works for you continue with that I don’t see much fun trading.



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March 07, 2024, 05:39:37 PM
 #133

Since you have enough knowledge about cryptocurrency. Cryptocurrency market is always volatile so in cryptocurrency investment you must carefully check the market and invest. You must have a long term plan in cryptocurrency investment. Many successful traders lose patience when it comes to investing in cryptocurrencies, so investment must be patient. Patience is a very important thing. Long-term planning is needed in cryptocurrency investing. We must check the market and if we can invest patiently, we will definitely be successful with cryptocurrency investment will be

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March 07, 2024, 07:33:30 PM
 #134

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

     You want to make a change, right? and you want to try to earn trading 50-100 dollars a day, right? That earnings is possible, but it depends on the level of knowledge you have in the trading op. In my experience, if you trade a large amount of money in one day in trading, it is possible in futures, perpetual, margin and derivative, and even spot.

     But like I told you, that depends on the knowledge you have in trading. The question is, is the trading operation deep? because if it's just basic, I think that's enough to get the earnings target you want. Also, for your information, there is no fixed amount of profit in trading.

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March 07, 2024, 11:56:19 PM
 #135

That's possible.

Many treats day trading as their day job but the amount of capital they roll over is also enormous. Not just that, they have tested a lot of times, failed trades many times until they reach their peak that they can read the market and get decent profits with that target.

Since you've been in the market for so long, slash an amount from your holdings that you afford to lose and do that as your testing phase. It doesn't matter how long you're going to do it as long as you get familiarized and build your strategy from that period.



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March 08, 2024, 02:35:36 AM
 #136

Yes, what’s your propose of doing In trading is not a bad idea, both greed is gonna fuck everything up I would advise you to just stick on what is working for you because Trading is what you can’t really predict. Day to day trading is good, but it’s not as easy as you think it requires a lot of analysis. I’m getting on previous street so I would advise you just continue on your particular Trading, which is the long period Trading as long as it works for you continue with that I don’t see much fun trading.
It's not easy if we can't do it well and greed will lose the assets we have in trading. If we can't trade well, it's certainly not a good thing to do daily trading because this will cause us more losses. We will get more profits from the trades we make. To be able to make a profit in trades we must be able to carry out correct market analysis and we choose the type of coin that has the potential to make a profit in the trades we make, but if we cannot analyze the market well It would be better for us to avoid trading and invest to make a profit.

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March 08, 2024, 06:41:03 PM
 #137

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?
For someone who is skilled at trading on the market, such as daily traders, making profits every day seems to be possible. But the problem is that not everyone can become a reliable day trader. I am also studying to become a day trader. And yeah I'm still not proficient. I still have more to learn. Because each of me often messes up by leaving the analysis that I have made. But one thing that is certain in trading on the spot market is that we must have quite large capital if we want to easily get daily profits of up to $50 USD per day.

I have an acquaintance who is also a day trader. But he said that not every day he can get maximum profits.

It is possible to earn 50-100 dollars a day in crypto trading, but it is not easy to do that. The only ones who can do that are traders who have a large fund in the exchange and a deep understanding of trading activity. Now this is my question: are you an expert crypto trader? Do you have a lot of trading experience here in the crypto space? Do you have a big fund?

So that you can get that, there is a chance that no matter how good you are at reading the chart in terms of technical and fundamentals, if the market is a bit gentle and the bad news in the crypto industry goes hand in hand, it will appear in the end as useless.

I do not consider myself an expert but I do have extensive knowledge about trading and market behavior. I started trading way before I started learning about bitcoin. I have experience in forex, stock and option trading though my trading career wasn't that charming back in time. I have learned my lesson and gained experience along the way. What i found is that market behavior is wild in bitcoin compared to forex. So I need a strategy to earn as much as i was earning in forex and stock.

Well, honestly speaking, the strategy you use in stocks and forex that you get profit from can also be applied to crypto trading, as far as I know, because the trading movements in stocks and forex are the same as in crypto trading or bitcoin. The only difference between fiat and digital currency is that its volatility level is higher compared to stocks or forex.

Today, traders in stocks or forex are mostly traders among them who are switching to crypto or bitcoin and holding bitcoin and top altcoins because of the bull run that is coming. That is the truth.



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March 08, 2024, 08:08:07 PM
 #138

Wanting I notice concerning Trading is greedy and not being patient enough to me. You are right, but I would advise you to calm down. It’s not just easy as you think, but it is somehow good you can proceed because it risks and take the risk, you can go into Altcoin and buy some coins and wait for it to rise that you can make some profit and always go coin market cap to see how different coins are going and their strategies I don’t really have much method.



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March 25, 2024, 08:34:28 AM
 #139

Today, traders in stocks or forex are mostly traders among them who are switching to crypto or bitcoin and holding bitcoin and top altcoins because of the bull run that is coming. That is the truth.
There are legit traders who focus on one market and dont move to others recklessly and then there are showoff traders who talk big and dip their hands into non-crypto trading and eventually bring their burnt out faces back to crypto.

Indeed, no one speculative market trading is superior, all have their own pros and cons. But if one person is well versed in a certain type of market, they should keep themselves limited to that one only. However getting a fixed or close to fixed amount every day or month is near impossible because trading is not like a job that pays you a fixed salary. Sometimes you get a good profit sometimes you dont and hence the mindset should be like that only.

R


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March 30, 2024, 01:02:55 PM
 #140

Quote from: shivansps
If the question is whether it is possible or not, then yes it is certainly possible.
How it works out in reality is another matter. Because now the market is not very stable and it is not so easy to trade and earn money.
Also, a lot depends on how much money you have and what abilities, knowledge, skills you have, it is also important what experience you have.
The capital you are using to trade at the moment will determine if you will be able to earn such amount of profits daily or not because, many traders in this forum are use to long term trading and that is where they use to achieve the kind profits they want from their trading.

Quote
If you have good experience in investing to trade long distance, then it is not certain that day trading will bring you more money. Where someone has earned, there is always someone who has lost. If you are making good money now, then it may not be worth changing this strategy to a less reliable and more nervous one.
That's why they always advise newbies to acquire the knowledge of crypto trading before embarking on day trading or long term trading  because, if you don't have the knowledge it will always make it difficult for you to earn in a due season.

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