Do you have any methods to do it? | Bitcointalksearch.org

Zanab247

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Quote from: |MINER|

Day trading can only be done by those who are very proficient and skilled in trading and many people are also making a lot of profit from day trading. But if you have little knowledge about trading and if you feel weak then day trading is not for you, you should invest in long term trading. Long term trading is very profitable and many people do it. And I myself believe in long term trading.

Day trading is good when you have the skills to carry out your training to become successful, but it require huge amount of money before you can earn big profits from it but those who don't have the skills always experience losses from their day trading.

The day trading need steady attention and anything that will make you not to pay attention, it can result to loss because you need to reduce other business activities so that you can be focus to follow up your training to achieve profits.

I guess long term trading is more profitable than short term trading because when I started day trading in the past, I was earning profits all the time but since I increase my capital to switch to long term trading, I discovered that long term trading is profitable than short term trading.

batang_bitcoin

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Leverage is your key if you can't do it with a spot. But it's doable with spot but you have to start with huge capital which seems that it's hard to make it. I've tried to do it before but I can't because of capital of mine was less. If your goal is to do it on a daily basis then you might have hard time doing so. $10-$20 could be doable but you have to check the market at most times and you can imagine how much effort you need to do if you want more of it.

Assface16678

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Quote from: Essential10 on March 31, 2024, 02:11:13 AM

Quote from: DVlog on August 09, 2023, 10:12:36 AM

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

Since you have been in cryptocurrency for years and have a good understanding of the market. Since you have experience in cryptocurrencies, you know how risky trading is. Whether you can earn $50 to $100 per day with Spot trading will depend on your complete trading skills. I don't use trading method to increase investment, I hold investment in my crypto investment until profit is coming from it. If you choose trading to innovate in the field of investment, you need to be very patient, gain a lot of knowledge. I mean if you have extra money which you don't mind losing then with that amount you engage in trading.

Thus, trading everyday and earning even a minimum of $50 is very hard what more aiming to earn $100 a day, you can trade everyday yes, you can do day trading but remember you will not always have a win trade or gain profit from your trade, no matter how skillful or knowledgeable are you in trading you will still experience the lose trade, even experts in trading saying that trading is very hard as the currency or market is a very complex and volatile market, so anytime it can changes even you have an higher percentage of accuracy in your analysis or technical analysis everything could change because of the movements in the market youre trading, so maybe aim to atleast earn even small profit everyday, sont set a minimum profit because you will only end up chasing that and might experience more lose than profitable trade, anyway goodluck in your trading career, give some updates sometimes.

AnonBitCoiner

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Quote from: leonair on March 30, 2024, 01:22:35 PM

When you buy a coin and hold it long-term, you must be considered a holder. And when an investor buys a coin and just waits for some profit and sells that coin again quickly, it is called day trading. Since you bought some coins and kept them in your wallet for a long time, it can definitely be considered holding. It is possible to make $50-100 daily profit from spot trading but you must start trading with a budget of $5k or more and be an expert in trading. However, you will not get regular profit guarantee

Profit in trading is not definite so if someone think that they will earn exact bound amount from day trading then they will be wrong because even expert loss some percentage in week or month and sometimes they will loss and sometimes they will win.

For trading one should be fully prepared with knowledge, experience and large amount of money because there is a greater chances that at starting trader will loss big amount so be prepared with large sum and greater knowledge.

May be if you get experience by trading for years then your chances of winning increases but still there is no contract that you will win on daily basis from each trade.

Essential10

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Quote from: DVlog on August 09, 2023, 10:12:36 AM

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

Since you have been in cryptocurrency for years and have a good understanding of the market. Since you have experience in cryptocurrencies, you know how risky trading is. Whether you can earn $50 to $100 per day with Spot trading will depend on your complete trading skills. I don't use trading method to increase investment, I hold investment in my crypto investment until profit is coming from it. If you choose trading to innovate in the field of investment, you need to be very patient, gain a lot of knowledge. I mean if you have extra money which you don't mind losing then with that amount you engage in trading.

2Pizza410000BTC

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Quote from: DVlog on August 09, 2023, 10:12:36 AM

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

I would say no at first because spot trading can earn you $50 to $100 per day. Maybe you are very experienced with crypto trading but no matter how experienced you are you can get hurt anytime due to market volatility. Some times it is seen that even experienced traders are affected just because of the volatility of the market. So many people including us are not so experienced that we can earn 50 to 100 dollars per day through trading.

fullhdpixel

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Quote from: TheUltraElite on March 25, 2024, 04:34:28 AM

Quote from: bettercrypto on March 08, 2024, 02:41:03 PM

Today, traders in stocks or forex are mostly traders among them who are switching to crypto or bitcoin and holding bitcoin and top altcoins because of the bull run that is coming. That is the truth.

There are legit traders who focus on one market and dont move to others recklessly and then there are showoff traders who talk big and dip their hands into non-crypto trading and eventually bring their burnt out faces back to crypto.

Indeed, no one speculative market trading is superior, all have their own pros and cons. But if one person is well versed in a certain type of market, they should keep themselves limited to that one only. However getting a fixed or close to fixed amount every day or month is near impossible because trading is not like a job that pays you a fixed salary. Sometimes you get a good profit sometimes you dont and hence the mindset should be like that only.

I believe that one should always keep learning something new but one should not experiment on anything without learning. I agree with you that trading is not like a job in which one gets a fixed income. I know a lot of people who make a lot of profit in day trading because they have mastery over their work and their market research is huge. They have learned very well when to invest, in which coins, and when to close our trades.

Trading is not a child's play in which anyone can experiment and become successful. I can say that if we understand the market well, we can benefit a lot from it, but this can only be possible if we work hard ourselves, do our research, and do not follow what everyone else says.

leonair

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Quote from: DVlog on August 09, 2023, 10:12:36 AM

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

When you buy a coin and hold it long-term, you must be considered a holder. And when an investor buys a coin and just waits for some profit and sells that coin again quickly, it is called day trading. Since you bought some coins and kept them in your wallet for a long time, it can definitely be considered holding. It is possible to make $50-100 daily profit from spot trading but you must start trading with a budget of $5k or more and be an expert in trading. However, you will not get regular profit guarantee

|MINER|

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As you say you have been in trading for quite some time and are quite proficient. So I would say if you feel you have enough understanding of both technical analysis and psychology then you can do day trading. Day trading can only be done by those who are very proficient and skilled in trading and many people are also making a lot of profit from day trading. But if you have little knowledge about trading and if you feel weak then day trading is not for you, you should invest in long term trading. Long term trading is very profitable and many people do it. And I myself believe in long term trading.

Zanab247

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Quote from: shivansps

If the question is whether it is possible or not, then yes it is certainly possible.
How it works out in reality is another matter. Because now the market is not very stable and it is not so easy to trade and earn money.
Also, a lot depends on how much money you have and what abilities, knowledge, skills you have, it is also important what experience you have.

The capital you are using to trade at the moment will determine if you will be able to earn such amount of profits daily or not because, many traders in this forum are use to long term trading and that is where they use to achieve the kind profits they want from their trading.

Quote

If you have good experience in investing to trade long distance, then it is not certain that day trading will bring you more money. Where someone has earned, there is always someone who has lost. If you are making good money now, then it may not be worth changing this strategy to a less reliable and more nervous one.

That's why they always advise newbies to acquire the knowledge of crypto trading before embarking on day trading or long term trading because, if you don't have the knowledge it will always make it difficult for you to earn in a due season.

TheUltraElite

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Quote from: bettercrypto on March 08, 2024, 02:41:03 PM

Today, traders in stocks or forex are mostly traders among them who are switching to crypto or bitcoin and holding bitcoin and top altcoins because of the bull run that is coming. That is the truth.

There are legit traders who focus on one market and dont move to others recklessly and then there are showoff traders who talk big and dip their hands into non-crypto trading and eventually bring their burnt out faces back to crypto.

Indeed, no one speculative market trading is superior, all have their own pros and cons. But if one person is well versed in a certain type of market, they should keep themselves limited to that one only. However getting a fixed or close to fixed amount every day or month is near impossible because trading is not like a job that pays you a fixed salary. Sometimes you get a good profit sometimes you dont and hence the mindset should be like that only.

adpinbr

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Wanting I notice concerning Trading is greedy and not being patient enough to me. You are right, but I would advise you to calm down. It’s not just easy as you think, but it is somehow good you can proceed because it risks and take the risk, you can go into Altcoin and buy some coins and wait for it to rise that you can make some profit and always go coin market cap to see how different coins are going and their strategies I don’t really have much method.

bettercrypto

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Quote from: DVlog on October 07, 2023, 11:04:03 AM

Quote from: kingvirtus09 on October 07, 2023, 10:35:33 AM

Quote from: Uruhara on September 02, 2023, 03:53:11 AM

Quote from: DVlog on August 09, 2023, 10:12:36 AM

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

For someone who is skilled at trading on the market, such as daily traders, making profits every day seems to be possible. But the problem is that not everyone can become a reliable day trader. I am also studying to become a day trader. And yeah I'm still not proficient. I still have more to learn. Because each of me often messes up by leaving the analysis that I have made. But one thing that is certain in trading on the spot market is that we must have quite large capital if we want to easily get daily profits of up to $50 USD per day.

I have an acquaintance who is also a day trader. But he said that not every day he can get maximum profits.

It is possible to earn 50-100 dollars a day in crypto trading, but it is not easy to do that. The only ones who can do that are traders who have a large fund in the exchange and a deep understanding of trading activity. Now this is my question: are you an expert crypto trader? Do you have a lot of trading experience here in the crypto space? Do you have a big fund?

So that you can get that, there is a chance that no matter how good you are at reading the chart in terms of technical and fundamentals, if the market is a bit gentle and the bad news in the crypto industry goes hand in hand, it will appear in the end as useless.

I do not consider myself an expert but I do have extensive knowledge about trading and market behavior. I started trading way before I started learning about bitcoin. I have experience in forex, stock and option trading though my trading career wasn't that charming back in time. I have learned my lesson and gained experience along the way. What i found is that market behavior is wild in bitcoin compared to forex. So I need a strategy to earn as much as i was earning in forex and stock.

Well, honestly speaking, the strategy you use in stocks and forex that you get profit from can also be applied to crypto trading, as far as I know, because the trading movements in stocks and forex are the same as in crypto trading or bitcoin. The only difference between fiat and digital currency is that its volatility level is higher compared to stocks or forex.

Today, traders in stocks or forex are mostly traders among them who are switching to crypto or bitcoin and holding bitcoin and top altcoins because of the bull run that is coming. That is the truth.

boty

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Quote from: adpinbr on March 07, 2024, 01:28:03 PM

Yes, what’s your propose of doing In trading is not a bad idea, both greed is gonna fuck everything up I would advise you to just stick on what is working for you because Trading is what you can’t really predict. Day to day trading is good, but it’s not as easy as you think it requires a lot of analysis. I’m getting on previous street so I would advise you just continue on your particular Trading, which is the long period Trading as long as it works for you continue with that I don’t see much fun trading.

It's not easy if we can't do it well and greed will lose the assets we have in trading. If we can't trade well, it's certainly not a good thing to do daily trading because this will cause us more losses. We will get more profits from the trades we make. To be able to make a profit in trades we must be able to carry out correct market analysis and we choose the type of coin that has the potential to make a profit in the trades we make, but if we cannot analyze the market well It would be better for us to avoid trading and invest to make a profit.

boyptc

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That's possible.

Many treats day trading as their day job but the amount of capital they roll over is also enormous. Not just that, they have tested a lot of times, failed trades many times until they reach their peak that they can read the market and get decent profits with that target.

Since you've been in the market for so long, slash an amount from your holdings that you afford to lose and do that as your testing phase. It doesn't matter how long you're going to do it as long as you get familiarized and build your strategy from that period.

Ben Barubal

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Quote from: DVlog on August 09, 2023, 10:12:36 AM

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

You want to make a change, right? and you want to try to earn trading 50-100 dollars a day, right? That earnings is possible, but it depends on the level of knowledge you have in the trading op. In my experience, if you trade a large amount of money in one day in trading, it is possible in futures, perpetual, margin and derivative, and even spot.

But like I told you, that depends on the knowledge you have in trading. The question is, is the trading operation deep? because if it's just basic, I think that's enough to get the earnings target you want. Also, for your information, there is no fixed amount of profit in trading.

synchronym

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Since you have enough knowledge about cryptocurrency. Cryptocurrency market is always volatile so in cryptocurrency investment you must carefully check the market and invest. You must have a long term plan in cryptocurrency investment. Many successful traders lose patience when it comes to investing in cryptocurrencies, so investment must be patient. Patience is a very important thing. Long-term planning is needed in cryptocurrency investing. We must check the market and if we can invest patiently, we will definitely be successful with cryptocurrency investment will be

adpinbr

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Yes, what’s your propose of doing In trading is not a bad idea, both greed is gonna fuck everything up I would advise you to just stick on what is working for you because Trading is what you can’t really predict. Day to day trading is good, but it’s not as easy as you think it requires a lot of analysis. I’m getting on previous street so I would advise you just continue on your particular Trading, which is the long period Trading as long as it works for you continue with that I don’t see much fun trading.

redsun114

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Quote from: Rupok on October 02, 2023, 08:40:28 AM

Trading really depends on experience. As trading is unpredictable it may not be possible to earn the amount you mentioned by trading daily. As there is profit loss in trading then you may face loss. But it may happen that you can earn more than the amount mentioned. There's really no way to say for sure.I personally like spot trading and sport trading can earn good amount of profit.But if the capital is more, the amount of profit is also more.

And don't forget luck because even a high skilled trader can't have a 100 percent winning rate. That is because luck isn't permanent. If the amount we set is too much for our capital, we may not achieved it most of the times but it is still possible to earn excessive amount sometimes when our luck kicks in.

Spot trading is the very basic of trading and like you many people prefer it as it was also easy to initiate and less risky than other advance types or variations of trading. Being less risky doesn't mean the profits we can get are only minimal and so what if it's only minimal? As long as we can consistently make it and save it, they can still grow huge.

TakeItEasy

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Quote from: Out of mind on October 10, 2023, 02:04:58 AM

If you have been in the crypto space for a long time, then you have good experience with the market, and you mentioned you are a holder. If you have proper knowledge and if you have made profit from trading in the past, then surely you can earn good amount of money daily by trading. Moreover, if you adopt a good method for daily income from spot market, then surely you will be successful. It will be possible to earn $50 to $100 dollars per day by spot trading, in which case you need to increase the amount of money for investment. If you start trading with high amount of money, then you can make more profit in case you need to increase the amount of money to trade later. You can't earn much daily with small amount of money, so you need to go to higher money level. Moreover, there are risks involved, and you have to avoid those risks and be careful otherwise you may lose money. To manage your risk, you need to analyze the market well before trading. And should you use stop loss while trading so that you don't lose much, but you can earn this amount daily.

Don't think a person with a low portfolio and low investments can take a huge profit from it. Trading requires certain things to get a decent profit which includes a better portfolio.

Also, a trader should learn when the stop loss should be used. If he didn't have good knowledge about it, then it would be too risky for the trader to carry on profit.

Analyzing is also a present step in trading, someone should analyze before trading and also he should have to watch the graphs and gain some knowledge about the coin he wants to invest. Also, he has some knowledge about when to take trade entry and when to exit from the trade. Day trading is only good for those who have a proper knowledge of trading. He only can take that much profit which he mentioned in his post of about $50-$100.

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