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Topic: Can I make passive daily income with trading? - page 6. (Read 3162 times)

newbie
Activity: 41
Merit: 0
I think that you can do it if you have the expertise that can determine the right time to buy and sell coins but if there is no control, it will be very difficult.
member
Activity: 308
Merit: 10
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.

In my own opinion, it was possible if the price is consistently increasing and that is the reason why you should invest every time the market price is dropping so you can surely earn profit when it pumps up again.
hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
I think trade is not easy for small amount if you buy some coin and if market is down you loss your money. So I think you first learn how to trade and how much money is good for trading

This also does not mean that trading cannot be done with low amounts. You can buy any coin with any amount but in case it goes down your purchase price, you have to hold it for a considerable amount of time until it again reaches your buy value and even go up so you can get some profit. Holding is very important in such conditions. People who are real traders, invest in many coins so even if they stuck in one coin, they are not stuck overall and keep on getting profits from other coins.
sr. member
Activity: 1624
Merit: 267
Yes possible that you can earn money daily in trading , but 100 dollars is small only if you want daily income because needs big capital for that because you can buy different altcoins and I think atleast 1 of the altcoins that purchased will increase.
newbie
Activity: 28
Merit: 0
No. It is a lively trade, physical, moral and disciplined. Here you need work in my opinion Wink
member
Activity: 322
Merit: 10
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.
From your poll, Everything you mentioned is good but since you’re talking about making income on a daily basis then you should go for trading. With trading you will always make profit, but don’t rush into it if you haven’t gotten any knowledge on how to trade, cause if you do, then you will be going into it to throw your money cause you won’t get any profit at all.

If you make always profit with trading then I would really like to know what you are doing different than the majority of retail day traders that seem to be unable to stay profitable in the long run.

Trading is not good if you want to make a passive income, mining is a big advantage if your area has a small amount of electricity consumption, that is the reason why there are a lot of people who prefer mining on china and cryptocurrency is more profitable in that way.
full member
Activity: 360
Merit: 120
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.
From your poll, Everything you mentioned is good but since you’re talking about making income on a daily basis then you should go for trading. With trading you will always make profit, but don’t rush into it if you haven’t gotten any knowledge on how to trade, cause if you do, then you will be going into it to throw your money cause you won’t get any profit at all.

If you make always profit with trading then I would really like to know what you are doing different than the majority of retail day traders that seem to be unable to stay profitable in the long run.
full member
Activity: 368
Merit: 104
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.
From your poll, Everything you mentioned is good but since you’re talking about making income on a daily basis then you should go for trading. With trading you will always make profit, but don’t rush into it if you haven’t gotten any knowledge on how to trade, cause if you do, then you will be going into it to throw your money cause you won’t get any profit at all.
full member
Activity: 1162
Merit: 101
In order to learn how to make a profit from trading, this amount is enough, for example, I calmly make 5-10% profit a day, on average, choose 2-3 cryptocurrencies.
jr. member
Activity: 126
Merit: 1
I think that the income from investment in trust management can be classified as passive income. You give money to experienced traders and monthly earn a percentage of the amount they have haggled, while you yourself will not do anything.
full member
Activity: 476
Merit: 100
No, you don't. Even whales can't do it and now they rely on short term trades when bitcoin reach at least $8k. Trading is not the answer if you are seeking a passive daily income. A business can offer you that like a retail store but not here on trading.
newbie
Activity: 145
Merit: 0
Trading cannot be called passive income. This after all active actions. As well as getting a daily income is also in question. Course the higher the below. Unless of course you bought at the time Ethereum for 4$. No, you can't get passive that way.
full member
Activity: 715
Merit: 102
of course you can get daily passive income from trading if you can trade well and you have good experience so you will always be lucky and can earn income or profit every day
if he already have good experience, of course he will not ask about this. if you look at the current conditions it would be quite difficult to get income every day through trading, because in conditions like this it would be very difficult to determine or choose the right coin to trade
full member
Activity: 364
Merit: 100
I think it is really hard to maintain stable daily income by trading... It may seem easy but as for me it require a lot of actions and knowledge.
newbie
Activity: 53
Merit: 0
Trading income is not passive income.Passive income means you don't need to make any moves and you still are earning. Trading means sitting in front of your PC all the tmie and watching price graphs.
full member
Activity: 392
Merit: 100
of course you can get daily passive income from trading if you can trade well and you have good experience so you will always be lucky and can earn income or profit every day
jr. member
Activity: 262
Merit: 2
Earnings from trade can be a very smooth earnings per day could in a way always advertise and give you many options in the sales.
MRY
full member
Activity: 560
Merit: 109
I think to get daily passive income from trading depends on the price of coins in the market and not necessarily you will get profit every day because coin prices are always changing and difficult to predict so that the income you get is also uncertain
member
Activity: 420
Merit: 11
Passive income is a dream for many. Just make an investment and boom free money with work aka company/ system is doing it for you. Your like a shareholder and earn dividends.
These are not a quick rich scheme. You won't even make a lot of money but it you earn interest a little from just holding you balance.
newbie
Activity: 196
Merit: 0
You can just benefit from trading.
But there are things that need to be desired when trading Cryptocurrency, that the Cryptocurrency market is not always stable. There is a time for Cryptocurrency to decline in price so you need to implement a good strategy to minimize losses to the Cryptocurrency coin trading.
I am sure that when the market price increases, you will easily earn a lot of income.
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