Fixed income with BTC trading? - page 23.

MMA

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Quote from: sunsilk on October 29, 2017, 11:52:35 PM

Quote from: RedX on October 29, 2017, 08:48:23 PM

Trading can give you a huge amount of profit that is more than what you get from a regular job but there's no assurance the you will always gain. Trading is unpredictable so if you made the wrong decision or speculation, you will just wait and wait until you make a profit so it's not going to be a fixed income.

I agree that trading can give a better profit but there's no way that it will going to give us an assured profit and there's no way to earn fix-income in trading.

The prices of alt coins that we are trading are changing from time to time and what's worst is when the price of it we're all at down fall.

But after experiencing this things, you can learn a lot of things from it and who knows that you can be a good trader that earns good amount daily.

Yeah this is true that we see variance in the prices of the altcoin as well as bitcoin. We all know this fact about the cryptocurrency that it is a highly volatile currency. We don’t know when the price will go up and at a sudden when the price will go down. The value of the cryptocurrency is highly responsive to the attention of the users. If the users start buying a currency it increases its value and when the users lose interest in a certain currency its value goes down worth. Dogie coin is a better example of the cryptocurrency, whose value at one point was very high and all a sudden its values started losing its value and many people faced loss that were trading it. So, it can’t be said that we can earn a fix amount of income from trading; traders are always at a risk.

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Quote from: MoonJeina on October 29, 2017, 09:54:41 AM

Making a living by earning through BTC is a big risk . One cannot totally rely on bitcoin for making a living . There is always a degree of risk and heavy loss associated with trading . No matter how experienced trader you are ,at some point one can get a downfall . That is why one must not totally rely on bitcoin trading .
A lot of calculations have to be made before trading , it is a risk which c an make you or break you.

There is no way that we can deny this fact that one cannot depend on BTC trading for his living. It is because of the reason that you never know when you are going to have profit or loss in the world of trading. So, you have to look for some other job other than trading for having some fixed amount of income. This will solve your issue of feeding your family and meeting your daily based needs.

sunsilk

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Quote from: RedX on October 29, 2017, 08:48:23 PM

Trading can give you a huge amount of profit that is more than what you get from a regular job but there's no assurance the you will always gain. Trading is unpredictable so if you made the wrong decision or speculation, you will just wait and wait until you make a profit so it's not going to be a fixed income.

I agree that trading can give a better profit but there's no way that it will going to give us an assured profit and there's no way to earn fix-income in trading.

The prices of alt coins that we are trading are changing from time to time and what's worst is when the price of it we're all at down fall.

But after experiencing this things, you can learn a lot of things from it and who knows that you can be a good trader that earns good amount daily.

Japinat

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Quote from: RedX on October 29, 2017, 08:48:23 PM

Trading can give you a huge amount of profit that is more than what you get from a regular job but there's no assurance the you will always gain. Trading is unpredictable so if you made the wrong decision or speculation, you will just wait and wait until you make a profit so it's not going to be a fixed income.

Exactly, therefore it's hard to be a full time trader especially if you have a big financial responsibility with your family.
You need to find a job in order to have a fixed income but you can still do both trading and having a job, it's your choice so you need to double time your effort in order to have success in both jobs.

RedX

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Trading can give you a huge amount of profit that is more than what you get from a regular job but there's no assurance the you will always gain. Trading is unpredictable so if you made the wrong decision or speculation, you will just wait and wait until you make a profit so it's not going to be a fixed income.

MommyElsa

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Quote from: the.jack20 on February 05, 2017, 04:56:54 PM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?

I am new here, i am not that particular with the income that a person may get but i think it is possible to earn here but have some doubts about the fixed income that a person can have every month.

But i guess, when you are already earning that is the time that you can answer all the questions that you have in mind because we do have are different skills, so we also do have our different income that we cannot compare to everyone.

geopolisch

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Quote from: imyashir on October 28, 2017, 09:00:39 AM

Quote from: the.jack20 on February 05, 2017, 04:56:54 PM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?

If bitcoin is your life you can trade. day trader before the end of the day should earn that. Focus on the market so that you're always right at the entry or purchase of bitcoin. once you make a mistake in buying bitcoin can affect your profit one day. be aware.

Mistakes are there for your guidance. For the time being, it may affect you badly but they turn to be the most blessing lesson of your business life. As you said, be aware of all mistakes you have done in past. Don’t repeat them that will definitely make you loser rather learn some better and produce positive results for your success. Everything is just in front of you, hidden, find them.

dieselmeister

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Investing in Bitcoin is alway right. But I don't think it is more suitable to earn money in long-term. If you wanna receive profit monthly, you should invest in altcoins. Wink

malikusama

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Quote from: the.jack20 on February 05, 2017, 04:56:54 PM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?

Go get a job mate if you are trying to get constant monthly income because with trading bitcoin and alts it isn't possible. Every time in trading you are involved in high risk, you may face a loss too so don't expect a constant income as from the regular jobs.
Many of us are earning money for livings through BTC trading but the constant income isn't possible.

JimmieA

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Quote from: the.jack20 on February 05, 2017, 04:56:54 PM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?

"Making a living by trading in BTC" there was person do it, but not all. Creating a stable income from trade btc is not easy, you can lose it all fastly. And this also requires you to have a good understanding of btc, altcoins and markets. however,Everything is very hard but not impossible.

PrinceCaspian

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If the income in bitcoin trading is fixed then i don't think that the trader will stay to it because there is a high risk in trading and we all know that so it is not a good thing to stay in trading with a fixed income and because of trading, you can either lose a lot or gain a lot so it is not that fixed in terms of income and you need to be prepare of a lot of volatility once you start bitcoin trading.

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earning monthly income in trading using BTC is very difficult to obtain, because the movement of btc value is quite slow. if you want to get the results per day or per month, I suggest trading with altcoin, there are many coin you can choose, coin more potential for the trades

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Quote from: the.jack20 on February 05, 2017, 04:56:54 PM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?

Yes it is possible but it will take a lot of time and effort before you could get an fix income from trading. First, you must have a higher capital to buy alot of altcoin and make sure it is not a shitcoin because if it is your money will be wasted. Then, if you have already choose those coin you must be updated on the market so you could manage your tarded coins. And if you have done all of that then happy earning.

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Making a living by earning through BTC is a big risk . One cannot totally rely on bitcoin for making a living . There is always a degree of risk and heavy loss associated with trading . No matter how experienced trader you are ,at some point one can get a downfall . That is why one must not totally rely on bitcoin trading .
A lot of calculations have to be made before trading , it is a risk which c an make you or break you.

zeaderza

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Quote from: gabmen on October 28, 2017, 05:37:37 AM

Quote from: Flame- on October 28, 2017, 02:20:41 AM

Definitely not a good Idea, your income & life will be as volatile as the coins themselves.

Yeah at least you should have something as contingency when things don't work as planned. Unless you have a big capital and you can spare a big amount while waiting for a long time. But in general, it's not a good idea to make trading your bread and butter

There is no way that you can manage to earn some kind of fix amount of income and that too from BTC trading. Trading is quite a different kind of thing and it is in fact the most difficult thing to do in the world. You can suffer loss anytime in the world of trading. One wrong decision can result in severe consequences. So it is not a good idea to rely on trading for some fix amount of income.

wismases

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Difficult if want to get fixed income from trading. Because, we never know what will happen to market. But, at least we have target about how much profit we want to achieve, as long as rational with the ability that we have. Certainly can be said to be close to 'fixed'.

super5star

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Quote from: enterprevic on October 25, 2017, 03:51:29 PM

Quote from: the.jack20 on February 05, 2017, 04:56:54 PM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?

That's practically impossible, even top traders are not making a fixed amount of profit from trading, there are surely going to be bad trading days and sessions and there are also worse days, though there are good days, it all depends on how good and hard you hustle, you can surely make a living from trading but am not saying that you will always make profit on every trade because its impossible and any person or trader promising that is nothing but a fraud and should be ignored.

If the OP is looking for a fixed amount, it is even better to go get a job and earn salary instead. Like you said, no way you can say specifically that you are going to be making a certain amount trading crypto, you might have a target depending on how good you are and the amount you are using to trade, but sometimes, shit just happens and you just have to deal with it.

2hot2handle

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Bitcoin will not give you fixed income because there are days that we won't win our trade and of course we will not know how much percent of the day you will profit, trader don't have fix income but if you are a good trader then for sure you will have a bigger chance to earn a lot of money.

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Quote from: the.jack20 on February 05, 2017, 04:56:54 PM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?

If bitcoin is your life you can trade. day trader before the end of the day should earn that. Focus on the market so that you're always right at the entry or purchase of bitcoin. once you make a mistake in buying bitcoin can affect your profit one day. be aware.

taiwww

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Quote from: the.jack20 on February 05, 2017, 04:56:54 PM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?

I think tradin of bitcoin is nothing but trading of altcoins only as there exist the pair of both on major scale. So yeah it’s always beneficial to do it because that’s the only best market which is available for us to trade. I’m trading since few months ago and getting good profits from the altcoin or bitcoin market. The returns are very high due to one fact that the altcoin is always cheap and when they pump they pump to very expensive rate giving us bigger margins of profits. So yeah it’s completely possible to make living out of it because trading can give lots and lots of profits.

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