Can I make passive daily income with trading? - page 12.

ironman2014

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Quote from: kukidada on November 18, 2017, 09:40:34 AM

Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.

Probably trading more than an income which is active because of your trading action but also you can name it as passive because the prices is not the same from day to day. And it is relatively a passive income.

zanjerbits

copper member

Activity: 154

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if you are talking about passive income for me crypto is not the right for you, . but if you make investment for long term its possible, just make sure you pick a good coin and enter at a right position.

bitcoin31

hero member

Activity: 1834

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Investing to trading can possible to get daily income but you need big capital for this because you can buy different altcoins. Because if you have only few altcoin and it's sure the coin you bought will increase and possible to earn daily because of the limited altcoin that you have.

Cryptokarl

newbie

Activity: 154

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Passive income isnt not possible with the start up capital that you have. In order to gain profits from your investment using your little funds, you need to be knowledgeable in technical analysis and be more of an aggressive trader so as to build your funds quicker but you need to learn from a guru to be successful in it

ZoeMocatta

newbie

Activity: 1

Merit: 0

If you want passive daily income, I think you can do it with the bank or you can make an auto system if you can

deus030518

jr. member

Activity: 224

Merit: 1

Yes you can make. If you know how to trade it is the fastest way to earn in big in crypto, but in trading you have to study it first before you do it because it is too risky to do trading if you do not know how. You will also lose what you have invested in the crypto when you trade it and you do not know how to trade. If you do not know how to trade I suggest you do hodling because hodling is also the easy way to earn but you have to wait for a long time to earn in hodling. There are different ways on how you will earn here in crypto industry you have to study it first so you will know what you will do with your investment.

coconutter

member

Activity: 157

Merit: 10

yes but it is more than difficult and you really need to understand how to make a profit on the market, if you are just a newbie trying to trade for making money, you will lose everything on a very easy way, so there is no way after all.

Tigorss

member

Activity: 308

Merit: 10

Quote from: dothebeats on November 18, 2017, 09:59:05 AM

If you're gonna work for that actively then I wouldn't call that passive income. The other options also require work as well except for holding and holding is also fool-proof so most would recommend it. However in the crypto markets, the higher the risk, the higher the reward so you can maximize what your initial bankroll can do. I'd personally diversify but for such a small amount, I'd take the risk of getting some day trading action.

Bitcoin's up-and-down price opens a great opportunity for us to gain a lot of profit from Bitcoin trading or trading. But if we discuss the earnings of a bitcoin trader it is very difficult to say because the average trader gets a profit depending on how hebas their trading strategy, not from the rank they have.

GDragon

full member

Activity: 658

Merit: 126

Yes i think, I had been witnessed different successful trader in this field and I already knew that passive daily income was not new to them. You can do it if you are deserving enough and also don't think that trading is easy because that's not true.

siddharthsikka

newbie

Activity: 84

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Daily income is no. If you want to have a passive income that invest in coins and wait when price mounts upwards

EugeneReigns

jr. member

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I don't think you can make a lot of money starting with only 100$. Last year maybe but not this one. In 2018 the crypto-market has become more complicated and not that volatile. To be exact, it is volatile but only with huge dumps. The coins each month decrease their maximum price level. So, in this market, we should be now very careful. In my opinion, it is worth to start at least with 400-500$ to make a good passive income. But that is the minimum amount. I think starting with 1000$ is the best option. This way you can expect at least on 200-1000$ profit a month if you trade right.

alfs75

full member

Activity: 392

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Quote from: kukidada on November 18, 2017, 09:40:34 AM

Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.

Actualy is not just an easy to make trading easily,by putting your capital on trading exchange market like bittrex or poloniex and start to buying altcoins and then earn,because in reality its must need that you must study first the cryptocurrency investment and how this works in trading market,therefore you must need to become knowledgeable because digital currency investment is so risky,so that in the end whatever happen to your investment lossing or gaining you must aware the result.

crazy-pilot

sr. member

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As far as I know trading as a difficult hard and intense active work, so the only way how you can generate the passive income from trading is to perform the long-term training also known as holding.

simpleholmes

jr. member

Activity: 278

Merit: 1

Through trading it is possible to make daily income but you need to be very well experienced otherwise you will end up in loss. Day trading is risky and sometimes you may loose original value and you should start finding another coin to make profits.

MarchToke

member

Activity: 350

Merit: 10

Well that's a yes if you have traded one of the good cryptocurrencies in the market. Once you have it you can hold it right there and wait for the proper time to trade it back like when its market price goes high.

allohha

full member

Activity: 672

Merit: 176

Quote from: 131tc01n on July 19, 2018, 03:43:32 PM

of course, for trading does not have the minimum funds, but if you invest on a platform they usually have a minimum investment, but I suggest you find a good coin and start trading there, maybe one or two months you will have passive income.

It seems to me that trade can not be called a way for passive income. One way or another, every trader must monitor the market on a daily basis and analyze the graphs of the fall and growth of the price of coins. If a person has made an investment for an early period, then this can be called passive income, since it does not require much attention.

131tc01n

sr. member

Activity: 569

Merit: 250

of course, for trading does not have the minimum funds, but if you invest on a platform they usually have a minimum investment, but I suggest you find a good coin and start trading there, maybe one or two months you will have passive income.

KobeBriant 24

member

Activity: 205

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It is not a good idea, with this behavior, you are going to be lossing a lot of money because yo uwill think that you can make a lot out of that money. Better to stay away from trading for daily needs, it is the worst thing that you can actually do.

Aivaryamal

full member

Activity: 1162

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Yes, you can easily make a profit from trading every day, you need experience, knowledge or good and reliable timely information that affects the price of assets! Such a possibility in the near future will provide a more advanced project Trade.io

nydiacaskey01

legendary

Activity: 1834

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Passive income is defined as a regular income that requires very minimal effort to earn and very minimal effort to maintain. Trading requires a lot of effort to earn and maintain. Imagine to earn you have to invest on a coin that you think will increase in the next few days. Example of passive income is income from house rentals and car rentals.

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