Can I make passive daily income with trading? - page 15.

kateycoin

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Quote from: kukidada on November 18, 2017, 10:40:34 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.

I think to that amount of money you can buy a small amount too of altcoin I suggest to find a good coin that you can earn a profit to that kind of amount. Because you can charged a fee when you trade so the amount of your money will be less. Trading is needed of capital if your money is less I think you can't earn passive income.

cheezcarls

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Quote from: kukidada on November 18, 2017, 10:40:34 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.

I honestly don’t think there’s such thing you can make passive income with cryptocurrency trading. Unless that trading platform has an affiliate or referral program and recruited a lot of active traders, for sure you can experience passive income with their trading activity. Just my two satoshis.

Getmon

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Quote from: kukidada on November 18, 2017, 10:40:34 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.

Trading means actively buying and selling cryptos based on certain trading calls and analysis. It cannot be passive, therefore. It is always a very active process of reading news and updates, analyzing charts and markets, monitoring prices, and so on and so forth. If you want to have a passive income, then perhaps you might want to consider buying certain coins and then hodl them.

Schwabac

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Of course that you can, but it is a little bit difficult to make good money out of $100 (the amount that you had) because it is very little, you can make as little as $1 - $2 per day with that amount of money

pokeronlinestatus

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Quote from: Alvaro094 on June 05, 2018, 02:12:00 PM

Quote from: kukidada on November 18, 2017, 10:40:34 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.

if you looking for earn passive income so you must see assets which offers you with monthly dividends,day trading is another way to earn profits but the concept implies a technically work from you

Yeah! I would have given him the same piece of advice because trading is something that demands a lot of hard work and research. I have not seen a good lot of traders that have made a lot of money or having some passive income simply by doing trading relying on their instincts. For passive income, you need to invest into something that is capable of growing with the passage of time like bitcoin, gold.

Bagaji

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Very possible for one to make passive income from trading bitcoin and altcoin but you need to have a good knowledge of trading crypto currency so that you will not end up loosing the highest percent of your capital.

bots1

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Quote from: hridoyb on June 05, 2018, 02:28:03 PM

Quote from: kukidada on November 18, 2017, 10:40:34 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.

Yes, you can earn from trading and 100$ is enough for a new trader. An expert knows about latest project and focus on btc price .So you can start trading on bittrex and check coinmarket cap and analysis coin and buy low and sell high but always try increase asset.

do you mean to increase assets first? I am also not a good trader. but I think to be a good trader is to understand trade management and always discipline. then, how do you think the best way to accumulate assets? is the market now good for daily trading?
please, give me a great example of trade.

kejot

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So i guess cryptocurrency is your passive job, you want to trade daily and it must be active everyday, it will be your active job. I don't suggest you invest on ICO because there no guarantee your money will be back and most of ICOs are scam. Maybe you have try invest in good coin, but it will need long time yo get profit, i think daily passive income is quite difficult to be gained except you're expert daily trader, eventhough you're good trader, i can't guarantee that you always get profit everyday.

hridoyb

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Quote from: kukidada on November 18, 2017, 10:40:34 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.

Yes, you can earn from trading and 100$ is enough for a new trader. An expert knows about latest project and focus on btc price .So you can start trading on bittrex and check coinmarket cap and analysis coin and buy low and sell high but always try increase asset.

Alvaro094

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Quote from: kukidada on November 18, 2017, 10:40:34 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.

if you looking for earn passive income so you must see assets which offers you with monthly dividends,day trading is another way to earn profits but the concept implies a technically work from you

electron-coin

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Even from $100, you can make $10,000. But for this you need to work harder Undecided

. Before you invest in any coin (if you want then do nothing), you still need to know all the information about it and assess the prospects for growth, and this is a big work. Theoretically, if you find an excellent coin that you can buy relatively inexpensively and after a while it will grow in price, then you can make money on it.
But the reality is a bit different. All that is written above is excellent, if your deposit is from $1000. Then your profit will be significant.
But if you are engaged in trade, this is your chance to earn will be higher. And in order to trade you need to know how and you will need knowledge.
In any case, you will need to work. If you want to earn - you need to work Grin

trolltalk

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Yes if you're an skilled trader this might possibly happen, well there are lots of day trader and gained good profit everyday but i think you should have a huge capital if you would be a day by day trader cause trading everyday will brought you a profit of 10% of your investments.

syahril husen

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Holding is the real source for passive income and not trading because when you will trade altcoins then it is not a passive income but an active income where you need to trade and have a lot of patience to make some money while holding will just be there and you just need to wait for the price to go up and sell if you are satisfied.

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Quote from: kukidada on November 18, 2017, 10:40:34 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.

There is no passive profit in crypto trading even in stock trading there is none. If you are new in trading better to study the basic principles of it or you may end up losing all your money as crypto trading is more volatile and risky than stock trading so better do some basic study how crypto trading works.

crazy-pilot

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Sure you can! Just use a specific bots that will by low sell high and enjoy your earnings

Some exchanges have this built-in

Cryptocoinbob

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Depends on your bet and greed

Let me give you an example... I have been a casino gambler, and I used to go to casinos with $500 thinking I will make $1500 profit per night... I used to loose .

Then I changed my startegy and started going to casino with $2000, with an aim to make $200 profit per night... And this worked ! I was able to take better decisions... It was stress free, and easy money / passive income

virasisog

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Quote from: kaizerblitz on June 04, 2018, 11:28:36 PM

Yes ofcourse daily income in trading is possible and could bring profit everyday if you are day trader but if you are hodler you can hodl it for long time.

It was a daily income or profit but not literally can be called a passive because you have to trade daily. If you are a holder we can say that everyday that coin you bought is gaining profit so it was a passive. We have to use exact terms and applicable terms to make it correct the things that we didn't know.

kaizerblitz

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Yes ofcourse daily income in trading is possible and could bring profit everyday if you are day trader but if you are hodler you can hodl it for long time.

Webetcoins

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Quote from: GawirZZ on June 04, 2018, 10:49:28 AM

it seems difficult because to make it into the form of money is very difficult and long, most can per week for regular income.

Earning while staying passive does not looks match able. I say so because for trading, you have to work hard and check the market every now and then specially in day trading. This also requires the availability of perfect information and perfect knowledge of the market. While day trading, you can earn good money buy investing in some altcoin. This will enable you earn incremental rise in the values of the coins.

cellanadalam

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Quote from: kukidada on November 18, 2017, 10:40:34 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.

of course, you can, before you can invest in any investment platform you need learn and study if your money is safe or not, in the trading you have a risk but need to learn how become skills as traders.

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