Topic: How much would you say one could realistically make a month trading? (Read 626 times)
March 03, 2021, 03:40:23 PM
The first question you should be asking is your level as a trader, a pro or otherwise. For the the amount you can make with $10000, it varies and from 0% to 100% of your capital if odds are on your side within the month.
March 03, 2021, 03:26:59 PM
Actually 10k$ as a investment is a very good idea.You will get a more profit from it. With my calculation you can earn maximum of 1000$ per month as a profit alone.But you should analysis the market very well to shine over it.After analysis, you should make a decision about the investment. Once finalised, don't change your mind.Do trading with your own knowledge.
Could you please help me understand what calculations made you suggest that $1k is the maximum possible profit with $10k investment? Like OP said if one plays only with the BTC price movement, then he would have easily made a lot more and if someone is trading altcoins there is actually no limit how much one can earn and lose.You will benefit when you just do on BTC/USDT that is without a doubt. This is now acceptable than losing your cash on Leverage exchanging. I will say that with a generally safe technique and utilizing no influence procuring 30% each year is conceivable with bitcoin, and in the event that you show restraint this is all that anyone could need to make you rich over the long haul.
Leverage trading was made for people who want to try their hands at trading but starting with small capital although want to trade big, so they take money on leverage and start their trading and see if they can survive.Someone who has enough funds should never even think of leverage trading. The term "leverage" sounds good but its basically borrowing money by putting your assets on collateral.
February 28, 2021, 07:54:58 AM
1. You won't trade all 10,000$ in one coin, so even if you've invest in doge, pretty much you only invested somehow 2-3k of the capital in it
And it would require some next level anticipation to actually invest into dogecoins because it was suddenly being pumped by Elon Musk without any prior notice or anything like that and if there was any trade who anticipated that dogecoin will be pumped, they deserve the best trader of the year award already.There is an uproar about Doge Coin in this forum before Elon Musk talks about it. I even heard it and just leave it at bay as I'm still studying at that time burried in activities and problem sets so it is not impossible for people to anticipate it.
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February 27, 2021, 10:49:01 AM
If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
I think first of all, it depends on how knowledgeable you are with the crypto market and trading over all, ten thousand dollars isn't a small amount to play around with, so if it happens you know what you are doing, you are likely to make nothing less than one thousand dollar every month which I believe is a lot of money as well, most companies outside crypto don't pay close to that amount as salaries mostly in the third world countries. February 27, 2021, 09:27:24 AM
It depends with which capital you start and also from the time you start.it depends on how much leverage and bet you will put every trade.
February 25, 2021, 11:12:03 PM
You will benefit when you just do on BTC/USDT that is without a doubt. This is now acceptable than losing your cash on Leverage exchanging. I will say that with a generally safe technique and utilizing no influence procuring 30% each year is conceivable with bitcoin, and in the event that you show restraint this is all that anyone could need to make you rich over the long haul.
In any other market 30% per year will be too much but here in the market of cryptocurrencies that is a realistic expectation, many people think on getting 5x, 10x, or even 100x and while some individuals are able to get something like that they are an exception, in order for someone to get those kind of profits then you need to have hundreds of people losing their money and you do not want to be one of them which means that you need to be very conservative and protect your capital at all costs. February 23, 2021, 12:48:10 PM
You will benefit when you just do on BTC/USDT that is without a doubt. This is now acceptable than losing your cash on Leverage exchanging. I will say that with a generally safe technique and utilizing no influence procuring 30% each year is conceivable with bitcoin, and in the event that you show restraint this is all that anyone could need to make you rich over the long haul.
February 23, 2021, 09:44:05 AM
If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
Actually 10k$ as a investment is a very good idea.You will get a more profit from it. With my calculation you can earn maximum of 1000$ per month as a profit alone.But you should analysis the market very well to shine over it.After analysis, you should make a decision about the investment. Once finalised, don't change your mind.Do trading with your own knowledge. I have made a great return and I can tell you that 1k per month would be super simple if every month was like the last year but reality is that we are going to have a huge crash very soon, and that will end up with people finally losing money and it will take years until we recover as well. Let's hope that people get out early so that they wouldn't lose too much money.
February 22, 2021, 04:45:11 AM
Trading BTC with just $1k gives me atleas 10-30 usd a day which isnt really that impressive given that it is just a side hustle of mine since i do my everyday work facing a computer. Bought a second cheap monitor just to see the charts and do arbitraging while doing other stuff
Profiting 30 USD with 1k ain't that bad daily. Because that is like 3% returns on your investment and that too daily, which means within a month you can double your actual investment. If you are actually this good and don't mind sharing please tell us how you actually do it, because I tried price trading but can't really manage to do it much. Sometimes when the price is falling it will just keep falling down and when its rising it rises for days and I do not get chance to actually earn much. How much is the difference at which you trade. I mean like if the current price is $50k for example so do you buy and sell at $49.9k and $50.1k respectively? I would really love to know how you trade if you want to share.
February 21, 2021, 11:08:58 AM
Bitcoin price is unpredictable. When I bought my coins with $10,000k December second 2020 at low price to hold for the price of bitcoin to increase higher before I can sell. When I released them to market February second when the price hit $40k in the market, within the two months I could able to make 3% as a monthly profit.
Now that many researchers are saying that bitcoin price will soon dump because the price is no longer stable as usual in the market. It will be under probability for any trader to earn something good within a month.
Now that many researchers are saying that bitcoin price will soon dump because the price is no longer stable as usual in the market. It will be under probability for any trader to earn something good within a month.
February 21, 2021, 07:47:56 AM
Im curious but what percentage of trades win/lose when you count everybody including those who daytrade for a living? Because it seem like people say almost everyone who isn't a full time trader is losing? I find this hard to believe especially when all prices are going up. I assume its when the prices drop, then people lose? But then again how do they lose unless they sell?
And after such a correction, we can expect the establishment of a new ATH. And if the price is very much reduced, as happened today with bitcoin, when its price fell by 8%, then those who used the margin with a large leverage received liquidation for their deposits.
February 21, 2021, 04:46:25 AM
If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
It depends upon which coins do you buy and at what price. These days all the coins give some returns but for maximum return you need to select not only good projects but also trending projects like defi. No one can tell you how much can you earn as it alsi depends upon your strategy and the risk which you are willing to trade.
If you are willing to take risk, you can make a lot of quick money in futures but you can lose money too .
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February 21, 2021, 01:38:17 AM
Trading BTC with just $1k gives me atleas 10-30 usd a day which isnt really that impressive given that it is just a side hustle of mine since i do my everyday work facing a computer. Bought a second cheap monitor just to see the charts and do arbitraging while doing other stuff
In my opinion judging from the current season we're in, that's too poor for me which is why alts are the best bet currently for trading. You can just keep buying bitcoin and hold while you trade alts. You should stay away from the bitcoin trading pairs though since bitcoin is on a upward trends, this can see your trades in losses within minutes assuming if you're trading against bitcoin but that's not the chase with fiats.
While the trading pairs of bitcoin could be in losses that of fiats might be positive. Alts could easily give you from 30% to 50% and on some specific days above the 50% market if your return if investment. With that estimated, you can easily make 1000% and above profit in a matter of month if you're actively trading.
That means with a capital of $1k you should be having around $9k at the end of the month. This is very possible to achieve but you should know, with high rewards comes high risk.
February 20, 2021, 01:54:59 PM
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When I was day-trading, I just made up around 5% of what I invested because I was still a newbie to trading. It is a bit of different measurement for me when we talk about how much I got as a net when it comes to long-term trading or hodl.Price is quite unstable anyway, so let me precisely say that it was around 5-10%.
February 19, 2021, 06:43:51 PM
Trading BTC with just $1k gives me atleas 10-30 usd a day which isnt really that impressive given that it is just a side hustle of mine since i do my everyday work facing a computer. Bought a second cheap monitor just to see the charts and do arbitraging while doing other stuff
Let's you make $20 on average since the range you gave is between $10 - $30. If you multiply your daily profit by the number of days we have in a month, it returns about $600 (representing over 60%) in profits off your $1000 trading capital. It's a decent reward if you ask me. But if you think it's too small, you can try compounding it. This way, your capital gets increased at the end of every month. It might seem small at first but when you start compounding it for several months, you'd be surprised.
You don't have to pump 100% of your profits back into the market. It depends on your strategy. 10%, 20%, 15%? It depends on what works best for you. You don't even need to put back profits; you just have to be consistent.
February 19, 2021, 03:27:27 PM
Trading BTC with just $1k gives me atleas 10-30 usd a day which isnt really that impressive given that it is just a side hustle of mine since i do my everyday work facing a computer. Bought a second cheap monitor just to see the charts and do arbitraging while doing other stuff
Profiting 30 USD with 1k ain't that bad daily. Because that is like 3% returns on your investment and that too daily, which means within a month you can double your actual investment. If you are actually this good and don't mind sharing please tell us how you actually do it, because I tried price trading but can't really manage to do it much. Sometimes when the price is falling it will just keep falling down and when its rising it rises for days and I do not get chance to actually earn much. How much is the difference at which you trade. I mean like if the current price is $50k for example so do you buy and sell at $49.9k and $50.1k respectively? I would really love to know how you trade if you want to share.
That needs hard work and patience. Earning about 10-30usd a day requires patience and careful analysis of the market. And if you will do this everyday, that's a tedious job to dedicate with but yes, it is possible. You really need to keep an eye on the market. He is just applying the simple rule of trading - buy low, sell high. That means, selling his btc higher than what he bought. Hard to give numbers here.
February 19, 2021, 03:17:39 PM
If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
Two things are important in trading. Don't panic at any moment. When the price increased to some high. Don't sell to get a less profit. Instead hold and get huge profit from it. Secondly don't buy when the price increase to the high value.
February 19, 2021, 02:54:42 PM
Trading BTC with just $1k gives me atleas 10-30 usd a day which isnt really that impressive given that it is just a side hustle of mine since i do my everyday work facing a computer. Bought a second cheap monitor just to see the charts and do arbitraging while doing other stuff
Profiting 30 USD with 1k ain't that bad daily. Because that is like 3% returns on your investment and that too daily, which means within a month you can double your actual investment. If you are actually this good and don't mind sharing please tell us how you actually do it, because I tried price trading but can't really manage to do it much. Sometimes when the price is falling it will just keep falling down and when its rising it rises for days and I do not get chance to actually earn much. How much is the difference at which you trade. I mean like if the current price is $50k for example so do you buy and sell at $49.9k and $50.1k respectively? I would really love to know how you trade if you want to share.
February 18, 2021, 12:08:15 AM
If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
You can get like two to five percent daily and going by that you will be having not less than thirty percent by the end of the month. But, you will have to know how to and also make use of the right tool, like the stop loss tool, which can be very helpful if you are to use it the right way.It’s not just about getting tools to make use of, you also need to understand how those tools works because if you don’t understand how the tools works you’re not going to be able to use the right way and make profit. The stop loss tool has to be set the right way, you have to make sure that the loss you’re encountering is not more than the profit you’re going for ,because when the loss is too much more than the profit, you will be gaining nothing. Although I have seen people who claim they are really good that they don’t have to make use of these tools. But that’s left for them, they should decide for themselves.
February 17, 2021, 03:59:24 PM
As long you would see greens then that would be considered good. Success can really be seen if you are really indeed gaining on what you are doing specially on trading.
Profit taking might vary or differ on each individual because we do have different situations in life where we do need to sell off for conversion to fiat or simply decide to hold
for future possible profits or if you aren't still needing some cash or money. 5-10% on your capital is realistic but eventually you can go past into these gain percentage if
you are really doing well into this market.
Profit taking might vary or differ on each individual because we do have different situations in life where we do need to sell off for conversion to fiat or simply decide to hold
for future possible profits or if you aren't still needing some cash or money. 5-10% on your capital is realistic but eventually you can go past into these gain percentage if
you are really doing well into this market.
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