Can I make passive daily income with trading? - page 27.

Koadharber

hero member

Activity: 1065

Merit: 510

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.

When we do talk about passive then its a state on where we dont do nothing but yet we are still earning or do have leveraging gains since we do talk about trading we cant really make passive income on it even on daily basis because even no matter how big or small your capital is , as a trader you cant be sure if you are profitable on that day or not. We do won some money and we lose some,its just like that. Passive incomes would talk mostly on investment which you just put up your money and you are earning interest fixed.

2bfree

sr. member

Activity: 686

Merit: 251

I'm investigating Crypto Projects

Dude is trading passive? Don't you have to trade? How is that passive?

DaMut

sr. member

Activity: 1274

Merit: 263

passive daily income with trading is a possible thing,
but it is very risky compared to usual trading because it requires a lot of thing in the process.
as a beginner you can not do that,you can do that if you know how to control your emotion,hardworker(because you need to do a lot research everyday).
having $100 and jumping to Bittrex or Poloniex to start the trade is a good idea,
but bear it in your mind,you can not choose it blindly because in there you can find pump and dump coins.
before jumping to the exchanger,it would be better for you to make your own strategy based on your ultimate goal.
and doing a daily research because you need it to predict the market movement.

Aleister Crowley

hero member

Activity: 966

Merit: 501

as long as you have enough knowledge about altcoin trading ,, that's fine because $ 100 is enough for you to have enough profit up to 50% provided your trades do not fail in choosing the right coin .. reading and asking will be the main key for you to get success from trading

hasmukh_rawal

copper member

Activity: 490

Merit: 105

★777Coin.com★ Fun BTC Casino!

The only options in your poll that generate passive income are Mining and investing in lending platforms. Passive income means generating income on regular intervals without having to do actual work. So in this case I don't think you could do mining for $100. So the only option left is investing in lending platforms. Lending platforms have their own risks of being a scam but then you gotta risk it to get the biscuit. Bitconnect would be the best lending platforms out there.

bitterguy28

full member

Activity: 2170

Merit: 182

“FRX: Ferocious Alpha”

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.

yes why not but i remind to you mate before you can invest in any investment platform you need learn and study if your money in safe or not, in the trading you have risk but need to learn how become skills as traders to get profits mining are profitable but your amount is not enough to buy the equipment for mining rig.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

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.

miyaka26

full member

Activity: 476

Merit: 105

Some of the poll options is kinda wrong for me because when we said passive income it is requiring to do something minimal to no effort, your just waiting for the profit to come to your wallet like interest or property income, trading and mining requires a huge amount of effort to earn so it is considered a non passive, I go for Holding the safest way and the second option is to Invest on some ICO but this requires a little bit of reading and researching.

Vongola

hero member

Activity: 742

Merit: 505

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.

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.

Xenrise

sr. member

Activity: 672

Merit: 251

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.

If you want to make passive daily income. I think it is not possible and right now bitcoin is mooning, and you can't have daily income for that. The market is too stable for that.

You can join in signal groups in order to have daily income. Bittrex is a good platform in trading, because many alts are pumping in there.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

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.

slashz9

full member

Activity: 1554

Merit: 101

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.

pugilist555

sr. member

Activity: 474

Merit: 261

GBM

hi everybody)) there is a new interesting project Bank Of Memory, the ICO is coming) if it is interesting for someone - bmcoin.io

kukidada

newbie

Activity: 30

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.

Topic: Can I make passive daily income with trading? - page 27. (Read 3185 times)