Do you have any methods to do it?

[GreatArkansas]

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 as a word of tounge is just too good to hear but it's not that easy and it may take your peace. It will require lot of your time but earning that amount is really possible or even more than that. Methods will be different from individuals to individuals so you need to find yours as well.

It's also because there are a lot of people on the internet spreading some things about trading, where they intend to lure these new people telling that, they will make easy money on trading, just to gain some commissions or sell their courses.
What OP needs is impossible to achieve especially if you are new, you need more time to do it, more learning, and more experience needed. And I believe it will not be always profitable day, there could be some bad days.

[1714632542]

1714632542

[1714632542]

1714632542

[1714632542]

1714632542

[1714632542]

1714632542

[1714632542]

1714632542

[Yamifoud]

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.

[Mauser]

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?

Switching from a HODL investor to day trading is a big step and should make sure that is really something you want to do. In case you have enough time and capital at hand to fully focus on day trading than there is no real problem. How big is your starting portfolio? To make 50-100 USD in trading per day is going to be hard, because we making profits continuously every day might not occur when you first start out with as a day trader. Also 100 USD a day, means making 3k USD per month. For such kind of profits, you need to have some decent bankroll beforehand. Let's say you can make 5-10% returns per months than you would need between 30k-60k USD as your initial bankroll to start trading with. It's important to have healthy return expectations for your trading strategies, that is why it should be in relation to your overall portfolio value. The best methods for me are technical analysis, use one or two crypto coins that you are already familiar with and look at the chart analysis tools to identify trends. Once you get used to all these different indicators you can start building a trading strategy on the most reliable ones. 

[Sebas.tian]

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

Do you think it will bring more profits to you more than the huge amount of incomes you are receiving from your holding? because many traders that applied this method in their trading missed so many incomes in their trading because to get $100 in day trading is very difficult in this season since the price of cryptocurrency is decreasing evey day in the market.  You need to understand that cryptocurrency price is unpredictable which the market price can dump through out a day or  two days and you will not achieve $50 or $60 income from your day trading. You can try day trading since you said you want to try day trading, but don't try with huge amount of capital so that you will not regret when you start experiencing negative results at the end.

[LogitechMouse]

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?

50$-100$ in spot trading? Yes, but I guess you need at least $10,000 or even more to achieve that. Do you have that amount? If yes then maybe try it.

I might not be a good trader, but profits in spot trading is very slow compare to futures trading. I mean if you really want to generate a "DAILY" income from trading then trading in futures is the way because you always have a chance to earn even higher than $100 as long as you have the money, you have the knowledge, and you have the courage because yes profits there are very easy especially if you did a good entry, but your chances of losing there is way higher than the spot market, and you might get liquidated easily by just entering at a wrong time, and not having a stop-loss.

Overall, that's achievable if you have the money, and the knowledge. If you want to go trade solely on spot then you need huge amount of money to achieve that daily profits. Good luck OP .

[bitLeap]

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?

50$-100$ in spot trading? Yes, but I guess you need at least $10,000 or even more to achieve that. Do you have that amount? If yes then maybe try it.

I might not be a good trader, but profits in spot trading is very slow compare to futures trading. I mean if you really want to generate a "DAILY" income from trading then trading in futures is the way because you always have a chance to earn even higher than $100 as long as you have the money, you have the knowledge, and you have the courage because yes profits there are very easy especially if you did a good entry, but your chances of losing there is way higher than the spot market, and you might get liquidated easily by just entering at a wrong time, and not having a stop-loss.

Overall, that's achievable if you have the money, and the knowledge. If you want to go trade solely on spot then you need huge amount of money to achieve that daily profits. Good luck OP .

If the question is such, then it can be achieved. But for me personally, I don't prioritize that, because what I'm doing now is just investing for the future.
You are right, to get 50-100 profits every day consistently it requires a large capital and it should also be noted that we must trade on the right coins.
That will be very difficult to do, especially if we are targeting consistent profits every day. And keep in mind, spot is one-way only (not 2-way), which means we can only take profits on the rise.

[molsewid]

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?

Maybe yes? if only you have a huge amount that invested? or maybe you are doing arbitraging it is either of the too. Spot trading is not so risky if you know what you are investing, getting 50$-100$ with minimal amount only is very possible in futures but the thing is that is riskier  than in spot as always, you should learn the basic first , don't go all in in futures if you don't even try to do spot.

[HONDACD125]

I might not be a good trader, but profits in spot trading is very slow compare to futures trading. I mean if you really want to generate a "DAILY" income from trading then trading in futures is the way because you always have a chance to earn even higher than $100 as long as you have the money, you have the knowledge, and you have the courage because yes profits there are very easy especially if you did a good entry, but your chances of losing there is way higher than the spot market, and you might get liquidated easily by just entering at a wrong time, and not having a stop-loss.

Overall, that's achievable if you have the money, and the knowledge. If you want to go trade solely on spot then you need huge amount of money to achieve that daily profits. Good luck OP .

You are right that the rate of profit in spot trading is very low compared to futures trading. Even a small amount of money can earn good profits in futures trading. It is not difficult to earn $100  a day in futures trading, but on the other hand, one wrong trade-up can lose all the capital. Future trading does not only require money, it also requires a lot of experience and knowledge. Therefore, futures trading should not be taken lightly. I personally prefer spot trading over futures trading. Here capital is more secure as compared to futures trading. In spot trading there is room for error correction, whereas in futures trading there is no room for error. However, in spot trading, a good amount of money will be needed to earn a $100 on a daily basis.Entry timing is also very important in spot trading, a good entry can give a good profit.

[Kasabus]

I don’t see it wrong to explore day trading at some point, but what makes it wrong is to expect daily profits like $50 or $100 as you’ll find it hard to make it happen especially if you are not used in doing high risk day trading. Even successful day traders cannot guarantee profits daily, so how much more for a beginner day trader like you.

You know my suggestion is, you can try to do day trying but never set a fixed amount for your profits. Otherwise, you’ll end up in frustration. Also, know that day trading requires bigger capital, at least you’re aware about it.

[Timmzzy]

I don’t see it wrong to explore day trading at some point, but what makes it wrong is to expect daily profits like $50 or $100 as you’ll find it hard to make it happen especially if you are not used in doing high risk day trading. Even successful day traders cannot guarantee profits daily, so how much more for a beginner day trader like you.

You know my suggestion is, you can try to do day trying but never set a fixed amount for your profits. Otherwise, you’ll end up in frustration. Also, know that day trading requires bigger capital, at least you’re aware about it.

Good point here, i could remember i had this mentality back then but end up not meeting up because truth to be told trading is difficult to even make $5 in the market now take a whole lot of patient, just like am trying to grow a small account on forex with lot size of 0.01 , now imagine the low risk lot size volume  meaning a trade needs to move 50 pips for me to make $5 in the market. And if we look the financial market deeply with all the whole stuff happening in the world at the moment trade hardly play out to your direction, which you cant even hold a trade till next day due to BROKERS manipulation to HUNT your STOPS.

[Mayor of ogba]

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?

Making $50-$100 daily on spot trading is not an easy thing to do. Before you can make such profit daily you must have a huge capital, you can't buy a token for $10 and expect to get $50 profit from it. All I can tell you is that if you do not have any strategy that will guide you on that just stick with holding. Like people we say if you don't hold you will not be rich.

[sulendra12]

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 do need not a small amount of capital to start with first. Pretty sure there are tons of YouTube videos talking about this, especially scalping or day trading.

I've tried it quite a lot, although I don't trade everyday because the lack of time but it generates a pretty decent profit with small amount of capital to start with. You might want to check that out.

[jeraldskie11]

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 do need not a small amount of capital to start with first. Pretty sure there are tons of YouTube videos talking about this, especially scalping or day trading.

I've tried it quite a lot, although I don't trade everyday because the lack of time but it generates a pretty decent profit with small amount of capital to start with. You might want to check that out.

There is no set amount of funds required to begin trading. It is entirely up to you how much money you can afford to put into your account. You must be careful not to all in your capital, especially if you are trading futures and hoping for a high ROI every trade. However, making $50 every day with such a small sum is unrealistic. Find a strategy or plan that will allow your capital to survive in the long run, regardless of how tiny the profit is.

[Bitcoin_people]

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?

Since you are a wise trader and you have enough patience that's why you invest and hold your local cryptos. Basically crypto trading is a matter of patience, if you are patient you can definitely succeed once in a while but if you lose patience you will never succeed. But as a wise trader you can earn good money daily by trading but you must be a bit experienced in it only then it is possible. If you do spot trading it is possible to earn $50/$100 dollars per day but you must invest a good amount of money here. Although this trade takes a lot of ricks but if you are trading from a position where you can see the desire to profit start from there. Although there is volatility in the market but you have to suffer this volatility some times and many times you can make good amount of profit. In that case, you must do a good analysis of the market before starting the trade, which will lead you to the constant search for income.

[wxa7115]

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?

Assuming you are looking for 100 dollars per day that translates in 36k dollars in a single year, now can that be achieved? I think is possible but your starting capital will should reach at least 100k, and even then there is no way to be sure you will obtain those profits in a consistent way.

For example you could start your journey with a few losses and you could lose money for months before you could see brighter days and achieve the profits that you are looking for, in fact I will say those drawdown periods are what kills traders at the end, as after months of losses they cannot endure it anymore, take a dumb risk and then lose enough money that makes a recovery impossible.

[crwth]

Having that much daily would give you so much freedom in things you might want to do. It's doable if you are trading with the right capital and being consistent with your trades and not so much looking at the short term but a long-term thing, and that's one that you can do if you are serious about it. The important thing in trading is deciding when you will take your losses. I think having to decide to cut it and not be affected by the emotions that you have is challenging whether or not you are pushing the trade. That's why bots are great when it comes to these things.

[_BlackStar]

It is possible to earn $50 - $100 per day - but of course you need to have a sufficient budget to start with.
Either way, there are some useful methods to employ as the best way to make a profit - but there's always the risk that it might work against you.

Day trading is what I mean - but not many traders are able to maintain consistent profits and they are only left with losses in the long term. It could be that all the profits you made in a month are used up in a day due to unforeseen circumstances - so it's better to avoid it than to get too excited.

[Peanutswar]

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.

[xSkylarx]

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 do need not a small amount of capital to start with first. Pretty sure there are tons of YouTube videos talking about this, especially scalping or day trading.

I've tried it quite a lot, although I don't trade everyday because the lack of time but it generates a pretty decent profit with small amount of capital to start with. You might want to check that out.

There is no set amount of funds required to begin trading. It is entirely up to you how much money you can afford to put into your account. You must be careful not to all in your capital, especially if you are trading futures and hoping for a high ROI every trade. However, making $50 every day with such a small sum is unrealistic. Find a strategy or plan that will allow your capital to survive in the long run, regardless of how tiny the profit is.

You are right; it is impossible to earn $50 daily if your capital is just $10. You can earn it if the market is in your favor, but it is not always. Those who earn that amount daily have thousands of dollars in capital, and it doesn't mean that they didn't lose; the risk is high, but the reward is also high. In trading, it is not really stable to earn that amount; there are days that you can get that or double it, and there are days you'll lose, so it is better to not rely on it. Also, just as a suggestion, as you've been into trading for a couple of years, try to achieve $20 daily if you can before aiming higher.

[KingsDen]

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?

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.