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Topic: 5% each day trading Ethereum (Read 512 times)

member
Activity: 294
Merit: 10
February 08, 2018, 03:00:09 AM
#54
If you want to 5% each day trading ETH profit it is possible if you have a huge investment with your trading, other wise it is very risk to make a daily 5% profit. If you are best crypto trader you can make a 5% each day or if  you don’t have a knowledge about crypto currency it will be very hard for you.
member
Activity: 202
Merit: 10
February 06, 2018, 08:48:27 PM
#53
Hi Guys,

When daytrading Ethereum, do you think a profit of 5% will be possible?

What's the maximum percencentage per day in terms of profit?
More than 5%?

Love to see your opinions.
Cheers
We can see that Ethereum is currently the coin that many people are interested in. Currently priced ethereum is $ 768 is very good for you to buy and hold. Also you can trade Ethereum because the price of ETH fluctuates a very large day which shows that investors are very interested in this coin. I think this is a very potential coin and will grow strongly in the future.
full member
Activity: 238
Merit: 102
OPEN GAMING PLATFORM
February 06, 2018, 07:52:40 PM
#52
Hi Guys,

When daytrading Ethereum, do you think a profit of 5% will be possible?

What's the maximum percencentage per day in terms of profit?
More than 5%?

Love to see your opinions.
Cheers

I think making a 5% profit by trading Ethereum is a viable option. You can observe the exchange rate of Ethereum, on average if the cryptos rate increases, it always increases over 6%, there are times increased to nearly 40%. However, you need to analyze the market carefully to be able to sell ETH as soon as the market dump on the exchange rate. But maintaining a 5% profit every day I think is not feasible because the exchange rate of ETH is unstable.
member
Activity: 350
Merit: 10
February 06, 2018, 07:12:27 PM
#51
Hi Guys,

When daytrading Ethereum, do you think a profit of 5% will be possible?

What's the maximum percencentage per day in terms of profit?
More than 5%?

Love to see your opinions.
Cheers
You are expecting too much, if you are a trader you could expect that percentage at best per week, and that is still very high, as you may guess there are going to be moments where your earnings will be better than that since the market will be bullish but in this moment where the last weeks have not been very good you should be glad if you break even.
sr. member
Activity: 484
Merit: 251
February 06, 2018, 04:14:32 PM
#50
I have never seen ethereum increase about 5% every day. It is hard to take a profit of 5% every day because you need to know that you will earn more than 4 times at the end of a month.
full member
Activity: 448
Merit: 100
February 06, 2018, 02:55:49 PM
#49
To do at 5 percent a day, you need a good baggage of knowledge about trading is crypto currency. Since not always the usual trader tricks bring good luck. Especially considering what kind of market today.
member
Activity: 219
Merit: 10
February 06, 2018, 10:42:04 AM
#48
It is very easy to make money daily 5% but if you don’t have any idea with crypto currency trading you can’t do it because if someone don’t know about altcoin they can’t each day 5% profit so now invest altcoin and make a daily 5% profit very easy with crypto currency.
legendary
Activity: 1330
Merit: 1019
February 06, 2018, 06:58:13 AM
#47
Hi Guys,

When daytrading Ethereum, do you think a profit of 5% will be possible?

What's the maximum percencentage per day in terms of profit?
More than 5%?

Love to see your opinions.
Cheers

It can become possible, but only when ETH will start growing extremely fast. You should catch this time to have your profit.
You can make as much profit as you want to have in trading but the thing which matters the most in this aspect is the amount of knowledge you have and above all your expertise in trading. It is not that much easy thing to make this much of profit and that too on daily basis but it is not at all an impossible thing to achieve. For that, you actually need to burn your midnight oil and you have to struggle a lot.
sr. member
Activity: 658
Merit: 260
CryptoTalk.Org - Get Paid for every Post!
February 04, 2018, 02:00:25 PM
#46
Hi Guys,

When daytrading Ethereum, do you think a profit of 5% will be possible?

What's the maximum percencentage per day in terms of profit?
More than 5%?

Love to see your opinions.
Cheers

According to me this strategy should be applied on the coins which are newly launched in the market and which are pretty mid age. The reason is simple for choosing type of coins, they tend to fluctuate a lot because many of the investors try to catch the profits at first hit when the coin is new as they have gotten their coins free and they try to dump immediately. But later on it could happen that the same coin may rise very high and give more than 5% profits in single trade. Apart from this, these coins are also come under category where people are investing as well as selling it and thus creating the wavy patterns and making the thing easy to use in day trades.

For ethereum we may not see such patterns all the times and it may not be available for day trades the way you want it.
member
Activity: 126
Merit: 10
February 04, 2018, 01:54:17 PM
#45
Hi Guys,

When daytrading Ethereum, do you think a profit of 5% will be possible?

What's the maximum percencentage per day in terms of profit?
More than 5%?

Love to see your opinions.
Cheers
It indeed is achievable infect with this fluctuations,you can achieve even more like around 4-7% in daytrading.ETH is one of the most stable coin which has shows some sort of resistance to the fall so it is reliable too as you can trust this coin that atleast it will not fall to ground.Still i personally feel instead of daytrading,ETH can give you higher returns in long term.
full member
Activity: 742
Merit: 100
February 04, 2018, 12:44:36 PM
#44
If you want to start trading with Ethereum and if you want earn daily 5% it is very good think but if you start day trading so is it possible or if you hold your coin I think it is not possible for daily earning 5% if you invest minimum 5k dollar it is very easy to earn daily 5%
hero member
Activity: 1302
Merit: 540
February 04, 2018, 10:07:33 AM
#43
Hi Guys,

When daytrading Ethereum, do you think a profit of 5% will be possible?

What's the maximum percencentage per day in terms of profit?
More than 5%?

Love to see your opinions.
Cheers
Eth for me should not be treated for day trading as the potential can be much bigger when you hold it for long term, there's a risk also when you try to short Eth as the movements is really fast much better to do some hard research before engaging yourself with Eth, though 5% is achievable if you are
really have a lots of time to stare in front of your device and monitor if what direction the coins is heading before placing your order.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
February 04, 2018, 09:58:30 AM
#42
It definitely is possible since Ethereum has been going up and down for last couple of weeks, It was at the peak of $1300 and it has fallen to $950 as today's price says. It is undergoing fluctuations about 7% since it has been goin from $1025 - $950 again and again. It has got a good support line at $950 which is why it has not dropped more than that from the last few days. So getting a 5% profit in day trading through Ethereum is quite possible but do note that the % won't be the same as always and may be lesser at times.
legendary
Activity: 2366
Merit: 1206
February 04, 2018, 09:52:20 AM
#41
Hi Guys,

When daytrading Ethereum, do you think a profit of 5% will be possible?

What's the maximum percencentage per day in terms of profit?
More than 5%?

Love to see your opinions.
Cheers
Well, for me day trading is difficult since you are needed to check the price I think in seconds to minutes, hours is good too. It's hard that's why there are many day traders quit this kind of way. I think minimum 2% if you use to choose a long term coin that's what I predict. More than 5% if the coins is really good, or the market is very good just like mountains market.
We are are the same mate, for me trading is so difficult to fine some good coins that high volatility to fluctuate fast, only ethereum and bitcoin i think. And also you need to check daily the market price for checking the price movement, it so stressful i think just to earn 5% or more with in a single day. Just like what happen now the crypto market was bloody bath all price are down it's hard i think to got 5% profit daily.
Good thing is long term investment i guess in ethereum.
jr. member
Activity: 43
Merit: 2
February 04, 2018, 09:38:13 AM
#40
Yes it is possible. and also if you have a big investment in trading you will have a big profit also. Just study the flow of the ETH and wait to have a big profit. Its also helpful that you will set in your mind your goal in trading so that you will do your best to claim that goal. Enjoy trading Smiley
sr. member
Activity: 798
Merit: 255
February 04, 2018, 09:31:41 AM
#39
Hi Guys,

When daytrading Ethereum, do you think a profit of 5% will be possible?

What's the maximum percencentage per day in terms of profit?
More than 5%?

Love to see your opinions.
Cheers
Well, for me day trading is difficult since you are needed to check the price I think in seconds to minutes, hours is good too. It's hard that's why there are many day traders quit this kind of way. I think minimum 2% if you use to choose a long term coin that's what I predict. More than 5% if the coins is really good, or the market is very good just like mountains market.
full member
Activity: 266
Merit: 107
February 04, 2018, 09:19:16 AM
#38
Hi Guys,

When daytrading Ethereum, do you think a profit of 5% will be possible?

What's the maximum percencentage per day in terms of profit?
More than 5%?

Love to see your opinions.
Cheers
Yes sir! It's possible to gain that percentage of profit in day trading. It's is the best percentage to gain a nice profit for every trade. Don't try to set higher percentage of gains, if you set your target profit to 2-5% and make another trade with the same target percentage you ca easily gain more profit.
But I doubt on ethereum, if you have monitored the move of ethereum everyday thn probably you will succeed but if not, try to look to other coins that has a high volume on market.

It's up to the market and to your basis on how you analyse the move of every coin.

Thanks for answering, should I also look on coins with high marketcap, or only high volume?



Yes! Try to look on high volume when you are going to trade. If there are high volume on that coin, the movement of the coin is fast.
I don't know yet if what is the use of marketcap in every coin.
newbie
Activity: 29
Merit: 0
February 02, 2018, 10:26:46 AM
#37
I have a new trader, I have 100$ to ethereum and if I want to earn 5% per day, what do I have to do? I very little sense about this. I would like to consult you.
newbie
Activity: 28
Merit: 4
February 02, 2018, 07:38:30 AM
#36
Hi Guys,

Thanks for all your responses.

In my opinion it 3% will be more easy to achieve. 5% can be achieved by day trading. But if you trade with the 1, 2 or 30 minute chart it will be more difficult.
The title of this topic is, 5% each day trading Ethereum.

I thought about it and I think If you switch from currencies in your exchange and set the time frame to a minimum of 1 hour 5 % can easily achieved with Base-Trading.

In my opinion Base-Trading works pretty well. But it's best to buy when price is still low on a day.

I have studied a lot how to read the charts (without tools) and when you can read bases it makes it so much easier.
Also working with an alarm is great, (when price reaches .... value alarm goes off.

Ofcourse there are chances of loss. But we can choose trade the safest possible way.

What I have learned, don't trust the exchanges, be in control of everything that happens in your trading. Be prepared to set orders (buy and sell).
Keep looking for other currencies in you exchange that have a volatile behaviour.

All in all, I think it's possible. Patience is the key.
member
Activity: 194
Merit: 10
February 02, 2018, 05:23:57 AM
#35
Actually if you want to daily 5% profit, that is very hard and very risky. I’m also crypto trader and I’m make a daily profit only 1-3% in a day but totally calculated end of month and it is stand for around 15-20% each month and I think it is very good profit for any one who is work in crypto currency market.
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