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Topic: Can I make passive daily income with trading? - page 17. (Read 3130 times)

full member
Activity: 770
Merit: 126
All depend on your knowledge of trading crypto currency for there are so many people who are making a passive income from trading crypto currency but you should have it at the back of your mind that looses are all part of the trading process. 
full member
Activity: 336
Merit: 100
Investing in ICO is okay in terms of Risk given you are investing in them after a long and thorough survey. Without survey and Looking into project Technology and Team's dedication to work.
sr. member
Activity: 924
Merit: 265
It's far more better to get passive income from holding a really good coin; daily trading is a very complicated thing which may bring no profit at all...

that is my insight too , holding can make a good profit when you hold your good coin for a couple of months until your desired price reach , trading for today is not good since the price is always on ups and down and the gap is not that wide so you cannot earn a good profit when you do trading for todays market.
member
Activity: 149
Merit: 12
It's far more better to get passive income from holding a really good coin; daily trading is a very complicated thing which may bring no profit at all...
member
Activity: 294
Merit: 13
Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
I think passive income is you do nothing but you get something (here is money). If you do trading, of course, you must buy and sell the coins it's mean you work here. So, investment is the best option maybe you can follow ICO.
hero member
Activity: 756
Merit: 500
Yes you can, and not just only passive daily income, you will also be making passive daily loss. You can’t just get into trading and just be expecting only profits, you should also be prepared for the loss you will be likely to encounter. It’s a normal thing in every market, a hard truth, but learn to accept it and work hard so you don’t see too much of losses.
member
Activity: 512
Merit: 11
Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
There is no way to earn passive income from trading. Passive income only earned/got by investing in a/some tokens which offers you with divident.
Exactly. If you invest money to buy any coin, then you will get return on investment or you may incur loss too. But, there is no way that you can get passive income without any activities or investment. Rather try to learn more, trade watchfully and make smart decision to earn money by trading.
I completely agree with you, because Whatever the timid, But the difference in the price can still make good money. Therefore, if you really can control the exchange rates, then it will do you good.
newbie
Activity: 167
Merit: 0
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 way to earn passive income from trading. Passive income only earned/got by investing in a/some tokens which offers you with divident.
Exactly. If you invest money to buy any coin, then you will get return on investment or you may incur loss too. But, there is no way that you can get passive income without any activities or investment. Rather try to learn more, trade watchfully and make smart decision to earn money by trading.
member
Activity: 630
Merit: 10
Dont choose lending and HYIP platforms,  it is like a gambling, you are not responsible and can't influence on that income. Trading and mining is ok. Mining is fully passive income, but trading is an active income and only can become passive if you invest in particular trader who shares profit with you
jr. member
Activity: 57
Merit: 2
You can make income and you can also make loss; mostly profit if you’re a professional, but if you’re not, then expect several losses. Trading is not quite easy as some people do say it is. When professionals are discussing about trading, they will discuss it in a way that it will seem so very simple to you, but when you get in you will start to experience the difficulties that are involved. Just like I did when I was still a newbie. People kept on telling me that trading is very easy, but the time I finally got into, it was not.
hero member
Activity: 826
Merit: 518
Passive income is not possible through trading,it is possible by holding the bitcoins or other crypto currencies but it is not a stable market so we can't expect stable income from these type of investments.
full member
Activity: 1162
Merit: 168
Sorry sir but nobody can't predict the market and the worst thing that you will face is when you are in a long period of bear market. It's the main reason why you cannot achieve that daily income with trading.
We cannot predict the market, but traders are finding a way to earn something goof with the fluctuations in the market.

It is just knowledge that it takes and even though we cannot predict, we can at least find a way to play safe in the market and use it to our advantage which I believe anyone that can do well will obviously be able to make some good income from all these eventually which can serve even more than a passive income.
sr. member
Activity: 659
Merit: 250
Every day you can make passive income in trading of course. But from time to time there will be periods when the market will be in a state of stagnation. At this time it is better to be out of the market and not trade.
but in consolidation stage ,usually we could opportunity and open buy or sell order there.at that area supply and demand  has same volume.so just wait until of them jump.
Earnings a passive income doesn't fits in trading you can't earn if you didn't trade for a period like you said you need to stop trading for awhile so that means its not passive income at all your earning stops. You can call passive income without doing anything and the money cones to you.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
If you trade and make some earnings than this is active profit. So with trading you have to engage real hard to have some use if it. Passive profit would be if you would only keep coins in your wallet and make profit on the price changes without doing anything.
But I would suggest you to get better informed first because you obviously have some misunderstandins and if you want to trade this could cost you a lot.
full member
Activity: 420
Merit: 100
I think the real "passive" income is possible only with holding and investing in ICO; even now that's a pretty good way to make profit.
legendary
Activity: 1442
Merit: 1008
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 is an active income not passive. Maybe what you mean is investing. You can do what most people do which is holding because it is a form of investment. You can choose any coin which you think has a great potential or a newly listed coin that still has a low price because it will most likely increase in the future given that the developers of it will be actively working for the project and always communicate to its supporters and investors. Usually, investors lose confidence in the project if they don't know what happen in the background. You can also buy POS coins wherein you can get passive income as long as your computer is connected to the network always. This is one kind of mining as well.
Lol yeah the title are confusing , it's clearly that trading itself requires you to work actively not passively , you can't do buy certain coin and then get a steady income with it , you need to actively buy and selling it. Otherwise it turns to an investment not trading anymore , I think op aren't completely understand about how to start trading and just imagine an easy money with less process in it.
sr. member
Activity: 532
Merit: 250
Every day you can make passive income in trading of course. But from time to time there will be periods when the market will be in a state of stagnation. At this time it is better to be out of the market and not trade.
but in consolidation stage ,usually we could opportunity and open buy or sell order there.at that area supply and demand  has same volume.so just wait until of them jump.
legendary
Activity: 2842
Merit: 1152
I think you sould try automatically trader bots on binance or bittrex exchange platform , moon bot or gun bot , dev of this bots sell it on bitcoin talk also , they tell that his bots make about 1% profit daily.
I have never tried any of these bots but I learned that they work a lot in some cases and for something that can be making 1% profit daily, which is not bad at all. I am still going to be considering this later on anyway since I cannot day trade, so I can at least use some part of my portfolio to that effect. Nevertheless, I still prefer the idea of my own short term trading anyway, so that makes it better for me in anyway.

In some perspective, I feel an income from trading should not be considered as passive income as trading itself as an active way of money making and not an easy one for most of the people. But for the people, who do not need to spend more time for trading, it may be a passive income.
full member
Activity: 630
Merit: 100
Definitely!  If you have good capital to move trade back and forth,  there is no reason for you not to make minimum of 2% to 5 % of  your fund on a regular basis.  You must be aware that this kind of activities require big fund,  and you are at risk of losing your money also.
newbie
Activity: 178
Merit: 0
Yes may be you can earn good money by trading bitrex or any exchange. But trading word itself represent an risk .trading is not an easy go on or an easy way of profiting source. It has got its own risk as well the continued analysis about the market.  Smiley
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