Can I make passive daily income with trading? - page 20.

Coin12

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1st of May

Quote from: slashz9 on November 18, 2017, 10:50:11 AM

I think your word is a bit wrong, if you say get a profit of course, but passive income is different again, passive income is when you do not do anything you keep money?
while trading you have to do it, you can not keep quiet and will get the money.

I know he is wrong to say the right word but i think he does not mean it.
However, deny the word of passive, actually make daily profit is not that easy. We can make it but its not easy.
We need more experience before we can make daily.

Nyeyzel

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Activity: 168

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Trading is not easy profiting source you need a lot of knowledge and a big risk as well the continuous analysis and monitoring in the market.Right decisions when in trading of coins or buying.Making passive income is possible but like i said right decision is important to sustained income.

kolega

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If you want to receive daily income from trading, you need to have enough experience and practice.
Even experienced traders can not be easy to avoid losses. You can choose specific coins, buy them at a low price and sell at a higher price. But it's gonna take a while. Successful trading is a combination of experience and practice, without which you are more likely to suffer losses

KEPLER99

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Quote from: GDragon on March 03, 2018, 03:34:01 AM

Quote from: slashz9 on November 18, 2017, 10:50:11 AM

I think your word is a bit wrong, if you say get a profit of course, but passive income is different again, passive income is when you do not do anything you keep money?
while trading you have to do it, you can not keep quiet and will get the money.

I strongly agree, there's no easy way to achieve what he said. It requires a lot of efforts and hardwork to achieve that thing. Maybe this is the beginning of your wish. Have a luck bro

If you will plan for having passive income and that too on daily basis, then you will be needing to work hard and that you will have to take certain decisions as well. While doing so, there are likely chances of suffering a loss as well as one wrong move will destroy all your plan. It is better not to go this much fast while doing trading. You needto remain consistent and that you need to pull out your money at time when things are in your favor.

easemypain

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The only way I think you can earn passively through trading is when you are using a trading bot. look for a more reliable platform that uses a bot for trading.

Alijiindahaus

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Quote from: whyrqa on March 04, 2018, 10:24:57 AM

Quote from: Sword555 on March 04, 2018, 09:37:40 AM

Bounty but its not passive

But if u ask u wife work for u it will be passive

Also if u gave u money to somebody good trader to trade for u it will be passive too. Mining also is passive but need controll too . Every work here could be passive if u look on it from different side

of course This is not sarcasm, But if you answer in essence the question asked, then I generally can not understand how trading can be passive. Investments passive Maybe, but not trade. For a successful trader, you need to have enough time to control the market. This is the key to success.

professional traders pass almost all their free time at the auction. You must understand that your professionalism and experience will go properly, but only to the detriment of your family.

Beremat

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YGOLD is a Defi platform

100$ is not a huge budget but I think that you also can invest in some ICO and cheap coins such as Stellar, Abyss,.. Besides, you should work for bounty campaign to get more money

Caladonian

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Quote from: blckhawk on March 04, 2018, 09:51:08 AM

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.

Well I guess daily income on trading is not possible because as you can see everyday we cannot guarantee if that coin will be always pump and even though we trade in a lot of alts. As we can remember there are times that all coins and even bitcoin was in all dump stage, that is why I think it is impossible of having a daily income on trading, maybe monthy is possible.

The actual earnings can't be determine easily in a daily basis, I think you are correct in terms of getting the figures, trading is very unpredictable
yet so entertaining for those who loves taking the risk and have a lots of time to monitor each coins movements, but surely you can earn from this
activity if you will deal with it in much longer period of time before getting your income.

shakaru

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Merit: 250

QUIFAS EXCHANGE

Trading always is riskly if u trade not good it will hurt u with passive income , better to invest somewhere like ico or work on bounty !

whyrqa

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Quote from: Sword555 on March 04, 2018, 09:37:40 AM

Bounty but its not passive

But if u ask u wife work for u it will be passive

Also if u gave u money to somebody good trader to trade for u it will be passive too. Mining also is passive but need controll too . Every work here could be passive if u look on it from different side

of course This is not sarcasm, But if you answer in essence the question asked, then I generally can not understand how trading can be passive. Investments passive Maybe, but not trade. For a successful trader, you need to have enough time to control the market. This is the key to success.

crypto1nvest

member

Activity: 236

Merit: 10

I think it's hard to make stable everyday income with trading because you cant always win. Better use weekly trading with 10-30 % profit

blckhawk

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Activity: 1554

Merit: 334

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.

Well I guess daily income on trading is not possible because as you can see everyday we cannot guarantee if that coin will be always pump and even though we trade in a lot of alts. As we can remember there are times that all coins and even bitcoin was in all dump stage, that is why I think it is impossible of having a daily income on trading, maybe monthy is possible.

Sword555

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Activity: 619

Merit: 251

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Bounty but its not passive

But if u ask u wife work for u it will be passive

Also if u gave u money to somebody good trader to trade for u it will be passive too. Mining also is passive but need controll too . Every work here could be passive if u look on it from different side

investaco

copper member

Activity: 87

Merit: 1

If you are looking to make a higher return from your $100 then I suggest buying into an ICO might be the best option.
The reason is that if you choose the right ICO, then you can make multiple x your invested amount within a short time frame.
Currently Bitcoin and altcoin prices are quite flat, so holding them will yield less appreciation

Virtual miner

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Activity: 728

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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.

Passive daily income with trading is not possibe according to me. With trading, there are so many risks associated. So trading cannot be associated with a DAILY source of income as you say. Trading discipline teaches us so many things. We have to be very patient trader because quick rewards don't await us on trading platforms. So trading is not a fixed source of income, all i would say!

myworkstrade

member

Activity: 238

Merit: 10

I think passive income is trading and mining. But both have different kind of risk, mining is you need to buy equipements to build a mining rig that you need good capital for that then u need to study what coin you will mine, the profitable one, then next is tge monthly cost you need to check. I think mining is kind of longterm to passive way to earn. While trading its much risky but rewars is quick you can set, your trading tp and exot as long you achieve your quota for that day but this is high risk so make sure you study and research before trading some coins out there.

Theb

hero member

Activity: 1680

Merit: 655

Quote from: slashz9 on November 18, 2017, 10:50:11 AM

I think your word is a bit wrong, if you say get a profit of course, but passive income is different again, passive income is when you do not do anything you keep money?
while trading you have to do it, you can not keep quiet and will get the money.

Yup I have to agree with what you have said passive income required little to no work, the best example out there is rent income where you just expect monthly payments from your rentee/tenant and also dividend income where you expect to be paid based on how much earnings your stock has. Trading cannot be considered as a passive income as it require you to do many actions in order for you to produce any profit, it is also not investing where you need to sit idle most of the time.

virasisog

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Quote from: HatakeKakashi on March 04, 2018, 04:34:37 AM

Quote from: apityeh71 on March 03, 2018, 08:53:25 PM

To make profit from trading you should be active to analysis the market to know when the market on up trend and down trend. And you can get pasif income only if you hold the coin but not guarantee will make profit from it. So to get consistent profit doing day trade with good strategy and risk management.

That's right if you want to earn daily income to trading you must to be active daily to trading because you need to check the price of the coin that you have if the price decrease or not. But before you earn daily you need also to have big capital for that ofcoarse because if you have only some altcoins and they have possible everyweek only the coin that you have increase better to have a lot of altcoins.

The topic here was to earn passive income and even your an active daily trader you will not called it a passive. Hence by having a big capital is not good especially if you can't make a good trade enough to sell in good profit based on your overall performance.

Ayush rana

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Activity: 476

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No you cannot make passive income with daily trading because prices fluctuates daily it might happen that on day one the price rise and on day two the price fall. Holding your coins and investing daily is a good method if you are looking to earn a huge profit.

HatakeKakashi

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Activity: 1274

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Quote from: apityeh71 on March 03, 2018, 08:53:25 PM

To make profit from trading you should be active to analysis the market to know when the market on up trend and down trend. And you can get pasif income only if you hold the coin but not guarantee will make profit from it. So to get consistent profit doing day trade with good strategy and risk management.

That's right if you want to earn daily income to trading you must to be active daily to trading because you need to check the price of the coin that you have if the price decrease or not. But before you earn daily you need also to have big capital for that ofcoarse because if you have only some altcoins and they have possible everyweek only the coin that you have increase better to have a lot of altcoins.

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