Fixed income with BTC trading? - page 6.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: miang on March 08, 2018, 11:15:42 AM

It depends if you have skills on that, trading is combination of talent and luck,, on your question its yes,, because there are lots of trader who has a good income that makes them rich,, add also have a good profit,

They dedicate their time and effort that is why they succeed.
For us newbie in trading who wants to make ultimate success, it's important that we work hard as well
and be positive all the time so we can always learn from our mistakes and there is always room for improvement.

miang

member

Activity: 196

Merit: 16

It depends if you have skills on that, trading is combination of talent and luck,, on your question its yes,, because there are lots of trader who has a good income that makes them rich,, add also have a good profit,

rxtwo

full member

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Merit: 105

Some people here thinks that it's possible but well, this task is not so easy. For example, if you purchased bitcoin at 900$ and tomorrow you see that price is 800$ now, waiting still some days and weeks and you see that price is stable at 800-850, what are you going to do? If you'll sell bitcoins, you will lost profit. So this makes fixed income with btc trading impossible. Better to trade daily but in some situation, wait for more than one month.

V1saya

hero member

Activity: 1050

Merit: 508

As mentioned earlier, there is no chance that you can make fixed amount of income daily on trading. Even the best traders around the world cannot even make perfect trades. But regularly you can possibly gain income on trading depending on your skills. I know some people that are trading for a living though it might not be the only source of their income.

Mining is a better way if you want to make a steady income.

mstfprcn

hero member

Activity: 700

Merit: 553

It is impossible for the traders to have fixed income with bitcoin trading because the volatility or the movement of the price of bitcoin is not constant so it is not that easy for the traders to make profit with the same amount everyday because they need to analyze the market and find some good entry in the market to make profits but it is not that fixed income.

heninur

full member

Activity: 490

Merit: 100

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?

getting monthly money by trading in bitcoin is what can happen, especially if bitcoin prices always go up every day, this will give you a lot of profit.
But, if bitcoin decreases in price, then you will not get a profit and will not get the monthly money you want.
Many of my friends make a living by trading, but trading they do is not the main job, so if they do not get money from trading, they do not feel the loss.

voztata

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Activity: 998

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Quote from: Leonard2016 on March 06, 2018, 05:19:41 AM

Since it has a lot of fluctuations I don't think you can get a fix number each month , it varies , and I think traders need to have a second job too coz sometimes you need to feed the trading with fresh money , and most of the times trading is unpredictable.

Yes, we always need fresh money because I am doing trading for the last one and a half year and there comes different situations when it becomes very much difficult for me to touch the currency because of the profits I am expecting a couple of days.

At that time if there exists any other prominent opportunity, then I have to put extra fresh money to manipulate that opportunity to my advantage. If I don’t do that, the trading starts getting bore.

miang

member

Activity: 196

Merit: 16

If you have to ask whether or not it's possible to generate enough profits on a monthly basis, then trading is most likely not for you. Because if it was, you would have figured that out already. Some people manage to gain enough profits where they for example could make that their main source of income, but these people are mostly whales with enough funds to comfortably trade their way up. But the thing is, there is no such a thing as fixed profits. One month you'll make 10-20% for example, where the month after that you don't reach further than 5%.

IviN*nd

newbie

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What do you think about Yobit's BTC investbox? That probably can give you that "fixed" income.

mininghubby

member

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Merit: 15

Quote from: miang on March 05, 2018, 10:16:02 AM

Is possible to make decent monthly income from BTC trading but first you need to have in depth knowledge of how trading works, human psychology and also good start up capital. Trading Altcoins is also good too if you can add to your plan

There are some daily traders, and they will do daily income in this trading. But this is not possible for everyone. If you want to make regular income in this trading, first you want to become professional in this trading. Learn everything about this trading, and you must know how the market works. Then only you can earn some fixed income in this trading.

saqibmunir

full member

Activity: 267

Merit: 110

Quote from: Souldream on March 05, 2018, 08:53:41 AM

Quote from: Birin016 on March 02, 2018, 02:02:48 AM

i dont think you can have a fixed income, by trading bitcoin. Well, actually anything with trading, you wont have fixed income. Unless you are borrowing your bitcoin for fixed interest. You don't expect to have stable fixed income by trading, as you want to stop loss when situation is unfavorable, and press your winning up when the trend is with your direction.

I don't think also that fixed income can be achieved here in trading because as we all know trading is risky, the luck isn't on your side always so expect that sometimes you may get a small profit or worst you'll be lose. Fixed income can't be found here in crypto but a big profit can be done, so if you'd get a big profit better to spend it wisely or much better to settle it for future purposes.

Trading is an unpredictable job. So having a fix income daily or weekly from it is impossible. You can even lose sometimes in trading. The only way to have a fix income for me is having a stable job in a company. No one predicts the market consecutively. In my opinion even having an own business can't give you fix income.

okissabam

sr. member

Activity: 700

Merit: 250

In my opinion I think you can generate a monthly income through BTC trading buy you have to put a huge capital at first or it depends on how much you are willing to profit within a month. And you have to do short term or day trading in that case to earn a huge amount of profit also. Always remember since Bitcoins price constantly fluctuates, you don't get to earn a steady income; there will be times it is low and there are times it is high.

yhoga45

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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?

A lot of peoples in my country is a cryptocurrency trader, they living by trading. But, not only trading in BTC, of course they trade the other coins that can gain more profit. I heard from my friends there a lot of peoples become rich because of they are a trader. I suggest you start with a small amount because if you lose your money, it does not really break your heart. Don't try to sell everything just for trading.

clarkt

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People making living trading bitcoin including myself. But it is not like you get to make fixed income while you are at it. Except if you could predict future accurately all the time. Bitcoin has super liquidity and that should make trading easy and profitable for you.

kikoy999

member

Activity: 429

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I think it's also difficult to earn money even if you have a lot of money here.
We can also make a mistake that we lose it and we will not be able to win and earn in trading because it's like a gamble too.

Leonard2016

hero member

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Since it has a lot of fluctuations I don't think you can get a fix number each month , it varies , and I think traders need to have a second job too coz sometimes you need to feed the trading with fresh money , and most of the times trading is unpredictable.

maianh09

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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 making a profit every day with trading Bitcoin is a terrible thing. We can not know precisely when it's going up and down so it can be profitable. If after you buy it go down and do not go up right then, you will do? Accept losses and sell it to cut losses?

yurisoares

newbie

Activity: 14

Merit: 0

Bitcoin is a way to make a lot of profit and that is a good choice. But you have to have a huge economic capital if you want to make a lot of money from it because the cost of each exchange is huge.
but still fixed income is not guaranteed

queenhallmark

member

Activity: 196

Merit: 10

For settled salary with bitcoin, I now realize that coin permits loaning, which agrees with month to month commissions for financial specialists. With these kinds of altcoin, financial specialists normally get back the capital in around a half year. In any case, you should investigate and examine this coin to maintain a strategic distance from deceitful undertakings

ritzshah

newbie

Activity: 11

Merit: 0

hi u can make any fixed income from btc trading

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