Topic: Can I make passive daily income with trading? - page 21. (Read 3167 times)
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.
Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
Maybe you can do trading first to earn money, after that you can build mining rig with GPU. Mining is passive income I think because we just build and run it.
Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
The only way to make passive income is by holding. You don't have to do anything other than to hold the bitcoins for a long period of time in order to make profit through the increase in the price of bitcoin.
Trading on the other hand is an active way of earning bitcoin. I'd say Yes to your question. You can make $100 in a day by active trading. You just have to very observant of any increase within the day to in order to trade successfully.
mining is a good way to find income every day but it requires a lot of capital so you can not do mining, the only thing you can do is altcoin trading because you have a chance to make a daily income
Low startup money keep your daily income really low and yours profit may have to pay for trading fees. I think with 100$ you should trade 1-2 order each day and those orders must help you get profits.
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.
Day trading can be a good way to earn a daily income through altcoins. But you will need at least $1000-$1500 to have some decent daily returns. Usually traders look for 2%-10% profit from a coin in a day with a strict stop loss of 2%-3%. For day trading, look for the least and the highest price of a particular coin the previous day. You have to set your buy and sell order accordingly strictly under 15% profit. Don't be greedy here. Also, look for a trendy coin which has any recent news or buzz. Don't diversify in day Trading! Stick to 1-2 coins. I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
With 100$? I think you can't make passive daily income with trading with 100$ only, with 100$ you need to trade by yourself everyday to earn money. But if you have more than that you can buy legit trading bot like Gunbot, you no need to do anything to earn money cause the bot does everything for you. But for now price of Gunbot is really high, 0.1 BTC for lifetime and it only support poloniex exchange.
In my opinion that is possible but actually hard to make daily income from trading, and this is according to experience, strategy and psikilogy each trader. By continue learn and always patient could be you can make it.
There are likely chances of making some steady income and that too on daily basis as well while getting into trading of any of the crypto coin but it is better to have more money at once instead of getting the money on daily basis. I think of holding of the coins like that of bitcoin to be more feasible than any other thing but at the end, it is your own choice and you have to decide according to your own planning.Well its not for everybody. There are some who try to study daytrading for quite some time but always end up with dry trades. While there are some who get the knack of daytrading immediately probably on the first two or three trades. If you're the latter, then you have a good chance of having daily income with what you're doing.
In my opinion that is possible but actually hard to make daily income from trading, and this is according to experience, strategy and psikilogy each trader. By continue learn and always patient could be you can make it.
There are likely chances of making some steady income and that too on daily basis as well while getting into trading of any of the crypto coin but it is better to have more money at once instead of getting the money on daily basis. I think of holding of the coins like that of bitcoin to be more feasible than any other thing but at the end, it is your own choice and you have to decide according to your own planning.Well its not for everybody. There are some who try to study daytrading for quite some time but always end up with dry trades. While there are some who get the knack of daytrading immediately probably on the first two or three trades. If you're the latter, then you have a good chance of having daily income with what you're doing.
If you trade is no longer passive earning because you will be involved in the day to day activity of that trading account.But when you invest you can passively earn while others (managers) are incharge of running and making decision on the account.
Some styles of trading can work around to be a passive earning. Day trading obviously is not for everyone. I work and I still trade depending on my schedule, but most times, I only trade long positions and I only have to look for some market opportunities once in a while look at change in their trend and buy them at dip. That is how I trade and what I get anyway is even more than what one would call a passive income, but it is still passive al the same.Trading can be passive, depending on the level of each trader. Long positioning trading is passive. You do not have to stay in front of the chart all day as you only have to monitor your holdings once in a while which can be pretty effective too. If you know what you are doing, the trading with less risk is long term trading as you can easily set alarm in your stop loss positions and most times, you only have to wait for a while before even hitting the target anyway.
Passive income is possible in crypto, but the act of trading is not passive as it requires you to actively buy/sell currency. Staking/Mining/MN are sources of passive income
In my opinion that is possible but actually hard to make daily income from trading, and this is according to experience, strategy and psikilogy each trader. By continue learn and always patient could be you can make it.
There are likely chances of making some steady income and that too on daily basis as well while getting into trading of any of the crypto coin but it is better to have more money at once instead of getting the money on daily basis. I think of holding of the coins like that of bitcoin to be more feasible than any other thing but at the end, it is your own choice and you have to decide according to your own planning. 
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 while trading you have to do it, you can not keep quiet and will get the money.
$100 amount or capital is good to start trading and buying altcoin for sure you will earn profit. But if your target is to earn daily you need to add capital because those people who earn daily profit because they can afford to buy a lot of difference altcoin for sure daily also they have atleast one altcoin increase the price so you can get some profit. But for sure weekly you can earn profit if you have good capital.
You cant make passive income with trading, trading is an active income, it's mean you need to do the buy and sell to make profit, but if you want to make passive income from alt coin investment then it's possible, if you want a passive income from alt coins its mean you are looking at long-term investment, and its not a good idea to invest without proper knowledge, learn and find information before you invest
Daily income is no. If you want to have a passive income that invest in coins and wait when price mounts upwards
A best source for getting continuously increase in your income. As you have said, day trading is hard to do, plus it will not give you passive money. That requires much efforts and hard work on daily basis and ultimate results can be or can’t be satisfactory at the end of day. But as far as holding is concerned, just buy coins and wait until the pries get at top, only then you can have passive income.
In my opinion that is possible but actually hard to make daily income from trading, and this is according to experience, strategy and psikilogy each trader. By continue learn and always patient could be you can make it.
You will definitely loose money if you put your money in Passive earning schemes (e.g. Bitconnect). Stay away from them. Trading is difficult and sure as hell could make you money.
If you want to get the passive income, best option is through Funding the Margin Traders by providing Liquidity from exchanges like Bitfinex. You can make as much as 0.03-0.1% daily.s
If you want to get the passive income, best option is through Funding the Margin Traders by providing Liquidity from exchanges like Bitfinex. You can make as much as 0.03-0.1% daily.s
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.
Investing in ICO can surely give the investor a lot in the long run, but it is always important to still be very careful most especially on the team you are leaving your funds with as that is how I see such investment and leaving your fund in the hands of people who absolutely have nothing to offer or has offered anything and do not even have good advisers, should be a red flag.
I can't say about daily income. But there is income for sure. It won't be completely passive. You have to put some efforts on regular basis. But it is better than other jobs. So do give it a try.
If you're actively working on it daily then i wouldn't call it a passive income even in trading there still work to be made in order to gain profit, unless your buying altcoins for holding and waiting for it to increase then sell then In some way it could be called a passive income. The higher the risk the larger the amount you gain. so invest your money at your own risk.
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