Do you have any methods to do it?

[Bushdark]

Based on your statement you've already got experience and in spot trading with large profits, $100 is not enough to catch up with those target demands, instead at least almost 500 to 1000$ just to manage the number of profits you want but with this price movement I guess you just need to keep aware with the market price currently the bitcoin is just sitting around of 26-30k USD now unlike before trying to break the 33-35k USD price. If you want to trade I guess 4H time frame is suitable for you and not into a 1D or 24H price movement.

It is very obvious that many persons want to make money from trading but the problem is that they don't know how to trade. For one to be able to get this skill, it is very important for them to learn because anything that involves finance should not be taken for granted.

Op is already an investor which is the same like someone trading in the spot market and now he want to go fully into trading which is a good move and risky too. The cryptocurrency market especially for the future traders is quite risky because of market volatility and anyone that donet understand the market or trade against the market trend would be ready to eat up loses.

[Distinctin]

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?

Day trading is indeed more risky and more challenging than long term trading. Because even pros and veteran traders in this type of trading still end up losing no matter how good they are in analyzing the market. However, despite of how risky day trading is, there are still who make outstanding profits from it but if you mean getting a daily fixed income out from day trading, I doubt you can actually do it. Day trading is way more unpredictable. You think you can take advantage on the daily trading market, but in reality everything that seems easy path end up even more scary and risky. The reason why I don’t encourage day trading especially for those who have never established years of experience trading in the market.

[Fatunad]

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?

Day trading is indeed more risky and more challenging than long term trading. Because even pros and veteran traders in this type of trading still end up losing no matter how good they are in analyzing the market. However, despite of how risky day trading is, there are still who make outstanding profits from it but if you mean getting a daily fixed income out from day trading, I doubt you can actually do it. Day trading is way more unpredictable. You think you can take advantage on the daily trading market, but in reality everything that seems easy path end up even more scary and risky. The reason why I don’t encourage day trading especially for those who have never established years of experience trading in the market.

Only a few could really be able to get that skill in speaking about daytrading and the rest would really be going after for swing trades or long term trades which we know that most of people would really be sticking on holding that a particular period of time on which it is really that something very common. This is why to those people who do able to sustain that short term or day trade are the ones who do able to sees out those possibility on making profits in short time but the level of risks is higher though and this is something that you would really be needing up to mind on and not all people could really be able to afford on dealing up with something like this specially on active manner in terms of dealing with volatility. $50-100 a day on spot on a very less risky manner would really be needing that huge capital for you to be able to have
these kind of gains which is something that you are targeting but of course the risks is there since market is really that totally unpredictable and despite on having that low odds or getting few % of your spot position
wont assure that you would be able to make profits on that single day.

[Kelvinid]

Based on your statement you've already got experience and in spot trading with large profits, $100 is not enough to catch up with those target demands, instead at least almost 500 to 1000$ just to manage the number of profits you want but with this price movement I guess you just need to keep aware with the market price currently the bitcoin is just sitting around of 26-30k USD now unlike before trying to break the 33-35k USD price. If you want to trade I guess 4H time frame is suitable for you and not into a 1D or 24H price movement.

Even if he has $500 - $1,000 it is too difficult to have a consistent way of earning every day, especially when the price suddenly drops just like these days. Because if that it happens that we spend all the capital and then the price drops, you can't do anything, you can't sell them and lose but really have to wait until the price rise again which makes you hold and waste many days without a profit. That is why I couldn't say that earning everyday is possible unless if we really have a huge capital as $1000 is not enough.

[taufik123]

Even if he has $500 - $1,000 it is too difficult to have a consistent way of earning every day, especially when the price suddenly drops just like these days. Because if that it happens that we spend all the capital and then the price drops, you can't do anything, you can't sell them and lose but really have to wait until the price rise again which makes you hold and waste many days without a profit. That is why I couldn't say that earning everyday is possible unless if we really have a huge capital as $1000 is not enough.

$1000 is actually enough, only how can we do financial management to divide this money as the main trade and set it aside as a reserve?
Maybe use 30% first, The profit is indeed small, but if it is done continuously it will produce a pretty good profit.

Consistent or not depends on how a trader can read charts and perform analysis, because that must be the main capital.
If you only have instinct, then forget about consistent income.

Futures trading can also be a place to double money for those who already understand.
$1000 can even be $2000 or even $10,000, just how to do a good analysis and strategy, Nothing is impossible, but it takes learning.

[bitgolden]

If the method you are using is working for you, why trying spot trading. Then, if you fell you want to try spot trading why not start it moderately or with a small capital and see how it works before you target yourself.
Having a daily target of 50$ - $100 is disastrous and it will set you up to distress such that you will not be able to control your emotions.
One other thing to consider is that you didn't regard loses, when you average the loses you will encounter and consider the anticipated profits, you will be able to land on a more realistic target. Don't forget that for you to have big profits, you must have big funds or higher leveraging risk. So, it will be nice to start up small and increase later.

I think people do not like to do the same thing over and over again, there could be some issues regarding that for sure. I think it is going to be quite important to just keep it fresh and change some stuff and check new stuff as well. That doesn't mean you need to forget about the old method, if you are making money with it then you will keep using it, if you are not making any money with it then you are not going to end up doing anything.

Just constantly think about either leaving that aside, or going back to that based on your research. People just simply like to check new strategies and that is something understandable, I do not see anything weird about it, I do that too and check out new strategies just in case.

[peter0425]

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.

this is something really hard and risky mate , but once you manage to understand and made your way up? surely you will become more than a winner from your day trading and of course Holding.

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?

actually you must tell us how much capital you need to use? because don't expect that amount to earn when you only have few bucks of capital .

but sometimes try use stop loss for more functional and safe trading.

[awik p]

If the method you are using is working for you, why trying spot trading. Then, if you fell you want to try spot trading why not start it moderately or with a small capital and see how it works before you target yourself.
Having a daily target of 50$ - $100 is disastrous and it will set you up to distress such that you will not be able to control your emotions.
One other thing to consider is that you didn't regard loses, when you average the loses you will encounter and consider the anticipated profits, you will be able to land on a more realistic target. Don't forget that for you to have big profits, you must have big funds or higher leveraging risk. So, it will be nice to start up small and increase later.

I think people do not like to do the same thing over and over again, there could be some issues regarding that for sure. I think it is going to be quite important to just keep it fresh and change some stuff and check new stuff as well. That doesn't mean you need to forget about the old method, if you are making money with it then you will keep using it, if you are not making any money with it then you are not going to end up doing anything.

Just constantly think about either leaving that aside, or going back to that based on your research. People just simply like to check new strategies and that is something understandable, I do not see anything weird about it, I do that too and check out new strategies just in case.

Experiments on new strategies are indeed needed to enrich the trading strategy system, so that later we can find out market situations and conditions so that we can use the right strategy system for that. However, it is better to sort accounts from different trading strategies, so that we can monitor the advantages and disadvantages of the system used. after that we can target how much profit from each system is used, along with we can also calculate the level of risk, and that is a consequence

[KingsDen]

If the method you are using is working for you, why trying spot trading. Then, if you fell you want to try spot trading why not start it moderately or with a small capital and see how it works before you target yourself.
Having a daily target of 50$ - $100 is disastrous and it will set you up to distress such that you will not be able to control your emotions.
One other thing to consider is that you didn't regard loses, when you average the loses you will encounter and consider the anticipated profits, you will be able to land on a more realistic target. Don't forget that for you to have big profits, you must have big funds or higher leveraging risk. So, it will be nice to start up small and increase later.

I think people do not like to do the same thing over and over again, there could be some issues regarding that for sure. I think it is going to be quite important to just keep it fresh and change some stuff and check new stuff as well. That doesn't mean you need to forget about the old method, if you are making money with it then you will keep using it, if you are not making any money with it then you are not going to end up doing anything.

Just constantly think about either leaving that aside, or going back to that based on your research. People just simply like to check new strategies and that is something understandable, I do not see anything weird about it, I do that too and check out new strategies just in case.

The idea of people not wanting to do a particular thing for a long time comes to play when that becomes boring and does not produce the desired result. The result I mean is money, if you are doing a static job but getting big pay from it, you can never be bored of the work unless you have already gotten enough money for yourself. Funny enough no money is enough for an insatiable human nature.

Then, if anyone have to try out another thing apart from what they have been doing consistently, they need to start up little by little. So, Op needs to start trading without target and if he can be able to make $50 daily for 5 days, he can use that as his target.

[wxa7115]

I think people do not like to do the same thing over and over again, there could be some issues regarding that for sure. I think it is going to be quite important to just keep it fresh and change some stuff and check new stuff as well. That doesn't mean you need to forget about the old method, if you are making money with it then you will keep using it, if you are not making any money with it then you are not going to end up doing anything.

Just constantly think about either leaving that aside, or going back to that based on your research. People just simply like to check new strategies and that is something understandable, I do not see anything weird about it, I do that too and check out new strategies just in case.

While doing the same over and over again is without a doubt boring, I really think people have the wrong idea that their jobs should be fun and something they want to do.

Now there is a handful of individuals that love their job and as such they do not feel they have worked a single day of their lives, but they are an exception, the rest of us needs to do things we find boring or that we do not even like in order to earn a living, and if someone out there has a good strategy to trade the markets which earns them money but that is boring to use then they need to overcome those feelings and trade with that strategy anyway, as there a great deal of traders out there which would love to be on their position since they cannot earn a dollar on the markets despite their best efforts.

[savetheFORUM]

Based on your statement you've already got experience and in spot trading with large profits, $100 is not enough to catch up with those target demands, instead at least almost 500 to 1000$ just to manage the number of profits you want but with this price movement I guess you just need to keep aware with the market price currently the bitcoin is just sitting around of 26-30k USD now unlike before trying to break the 33-35k USD price. If you want to trade I guess 4H time frame is suitable for you and not into a 1D or 24H price movement.

If he did, why would he create the thread? The experience he have is not in trading but it was investing and the profit he got here is only decent. Decent doesn't always mean large, so 100 dollars might be a good amount for him.

This isn't only about the money but he said that he want to try something new. Don't demand large amounts for now because like I said earlier, he is still a newbie on it. In trading or investing, it is important to be aware about the price action. BTC price might be lower than last time but as long as volatility is still there, it is still possible for us to earn a profit on it. Also, BTC can recover and it can exceed $33k-$35k later on.

[Bushdark]

Based on your statement you've already got experience and in spot trading with large profits, $100 is not enough to catch up with those target demands, instead at least almost 500 to 1000$ just to manage the number of profits you want but with this price movement I guess you just need to keep aware with the market price currently the bitcoin is just sitting around of 26-30k USD now unlike before trying to break the 33-35k USD price. If you want to trade I guess 4H time frame is suitable for you and not into a 1D or 24H price movement.

If he did, why would he create the thread? The experience he have is not in trading but it was investing and the profit he got here is only decent. Decent doesn't always mean large, so 100 dollars might be a good amount for him.

This isn't only about the money but he said that he want to try something new. Don't demand large amounts for now because like I said earlier, he is still a newbie on it. In trading or investing, it is important to be aware about the price action. BTC price might be lower than last time but as long as volatility is still there, it is still possible for us to earn a profit on it. Also, BTC can recover and it can exceed $33k-$35k later on.

There is a big difference between trading and investing which people need to understand although we can make quick profits from trading if we know what we are doing. Investing is all about choosing the right coin project and using you money to buy the coin waiting for when it will be launched before you can take you money from it.

Those would under more about tracing would see that it is very different from each other. You can make quick profits from investment if you put you money in a good promising project and waiting for when the market is going to appreciate before selling the holding.

[dunfida]

Based on your statement you've already got experience and in spot trading with large profits, $100 is not enough to catch up with those target demands, instead at least almost 500 to 1000$ just to manage the number of profits you want but with this price movement I guess you just need to keep aware with the market price currently the bitcoin is just sitting around of 26-30k USD now unlike before trying to break the 33-35k USD price. If you want to trade I guess 4H time frame is suitable for you and not into a 1D or 24H price movement.

If he did, why would he create the thread? The experience he have is not in trading but it was investing and the profit he got here is only decent. Decent doesn't always mean large, so 100 dollars might be a good amount for him.

This isn't only about the money but he said that he want to try something new. Don't demand large amounts for now because like I said earlier, he is still a newbie on it. In trading or investing, it is important to be aware about the price action. BTC price might be lower than last time but as long as volatility is still there, it is still possible for us to earn a profit on it. Also, BTC can recover and it can exceed $33k-$35k later on.

There is a big difference between trading and investing which people need to understand although we can make quick profits from trading if we know what we are doing. Investing is all about choosing the right coin project and using you money to buy the coin waiting for when it will be launched before you can take you money from it.

Those would under more about tracing would see that it is very different from each other. You can make quick profits from investment if you put you money in a good promising project and waiting for when the market is going to appreciate before selling the holding.

Trading or investing, it would really be sharing up with the same goal or target on which on how to make profits or make money.It do really varies or differ when it comes on how its been done but in overall it is really just that the same. If we so speak about getting that $50-$100 a day then it is really that something that would really be easy specially if you do have that small capital but if you have bigger then for sure you would definitely be seeing this as peanuts but of course using up that bigger capital would really be putting you up on so much risks that you wont really be that even able to avoid on total wreck or huge negatives on the time that
the market would really be opposing basing up on what you had predicted or assuming out. Methods and ways could really vary on each individual on which it would really be just that right that you should really
be needing to adjust and make yourself stick on ways or methods on which you do seem that you could really be able to do so.

[joker1313]

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?

yea with a bigger capital like 10k, you can easily make that much . but make sure to keep your stop losses at point. with crypto in spot you can always hold the coins if anything goes south . so all the best to you

[Gallar]

I want to try day trading methods to generate a daily income from the spot market.

What I know from the spot market, it's as simple as just buying, holding and selling. So if you want to earn daily income from the spot market. You just need to make those trades consistently. Whether it is consistent in terms of time or in terms of market analysis. Because to get a daily income from trading crypto on the spot market, to be honest, for me personally it's quite difficult, especially if you want to get a sizable income. Therefore consistency is very necessary in spot (daily) trading.

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?

Certainly can. But to get profit every day, I think it is very difficult. Because this is trading, and logically trading means the income will not be certain. Apart from that, what you also have to consider is the matter of capital. Because capital has a big influence on the size of your income in crypto trading. Because the greater the capital used, the greater the possibility of getting a sizable income. Then what must be considered again is the crypto that will be targeted. Because each cryptocurrency has different price movements. So try to choose a cryptocurrency that has high price volatility or one that has a high market capitalization.

[Japinat]

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?

That seems possible and the only thing you can do is to;
 - enough capital ( $1,000 or more)
 - effective strategy
 - knowledge and skills ( TA is part of it)

Though you are not new in the crypto market, however, never underestimate trading. What I could suggest to you OP is to focus first on learning trading stuff and start with a little amount until such time that you can say yourselves that you are totally ready for this thing.

Right. Level up your trading skills first before you can say you’re now ready to take a bigger risk in trading. Although spot trading can possibly achieve daily decent profits, but it greatly depends on the trader’s experience and expertise as well. Some can trade and end up with significant profits, while others have the passion to trade but still end up losing. That’s why improve your trading stuffs first, and start trading with a minimal amount and let’s see if you can bear the losses.

[promise444c5]

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?

It's possible  totally but there's a saying "don't  trade what you can't afford  to lose " those that brought that up aren't crazy because even if you give it to an expert or you an expert in analysing . Your probability will always  be 4.5/5 at the highest  the remaining 0.5 can make you loose you might be confident and not expecting any loss but luck goes against one sometime.  So my advice, can you afford to lose that capital  if not you will have issues with your emotions even after placing your trade which might even make you optout at an unripe level

[Altryist]

There is a big difference between trading and investing which people need to understand although we can make quick profits from trading if we know what we are doing. Investing is all about choosing the right coin project and using you money to buy the coin waiting for when it will be launched before you can take you money from it.

Those would under more about tracing would see that it is very different from each other. You can make quick profits from investment if you put you money in a good promising project and waiting for when the market is going to appreciate before selling the holding.

Often the reality is that trading also takes a very long time before you start making money. Your trading path cannot consist only of profitable transactions, there will also be unprofitable ones, and perhaps even long-term investment can ultimately bring better results than trading. Although at first glance it may seem that trading is fast money, it is not.

[MURONDI]

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?

Method:
   - I Learn about trading assets and strategies.
   - I use technical and fundamental analysis.
   - I Develop a clear trading plan with entry and exit points.

Risk management:
   - I Set a stop-loss order.
   - I Limit each trade to a small percentage of capital (e.g. 1-2%).
   - I Diversified portfolio.
   - I control my emotions and stick to the plan.
   - Be aware of market hours.

Remember, trading involves volatility, and there are no guarantees. Start small, practice, and consult an expert if necessary.

[wxa7115]

There is a big difference between trading and investing which people need to understand although we can make quick profits from trading if we know what we are doing. Investing is all about choosing the right coin project and using you money to buy the coin waiting for when it will be launched before you can take you money from it.

Those would under more about tracing would see that it is very different from each other. You can make quick profits from investment if you put you money in a good promising project and waiting for when the market is going to appreciate before selling the holding.

Often the reality is that trading also takes a very long time before you start making money. Your trading path cannot consist only of profitable transactions, there will also be unprofitable ones, and perhaps even long-term investment can ultimately bring better results than trading. Although at first glance it may seem that trading is fast money, it is not.

And this is true in almost any industry too, I mean if suddenly you decided to become your own boss and you create your own business then it is likely that your business will remain unprofitable for months or even a year, with this in mind anyone that wants to become a trader needs to consider the very real possibility they are going to suffer many losses at the early stages of their trading career.

However many traders do not think in this way, get surprised when things do not go according to their plan and get discouraged by it, to the point many stop trading and try to find another activity from which they could obtain profits.