It possible, trust me i see lot of people can make a living just with trading in cryptocurrency
But to reach that fase ofcourse they already learn everyday in their life and we never know how much and how big their loss dont just see what they got we never knew how they struggle their fight to reach that financial freedom 61
Not just for you, i still try to learn all about trading in cryptocurrency, learn technical analysis and i hope i can be like them
Topic: How possible is it to make a living trading cryptocurrencies alone? (Read 890 times)
September 04, 2020, 03:02:33 AM
September 03, 2020, 07:50:47 PM
It is possible to make trading only altcoins, because there are already many successful experienced traders trading only on altcoins.
But getting to that stage is certainly not easy, it takes a lot of practice. And also for newbies who are new to trading at altcoins,
better avoid new altcoins. Because trading new altcoins carries a much higher risk.
But getting to that stage is certainly not easy, it takes a lot of practice. And also for newbies who are new to trading at altcoins,
better avoid new altcoins. Because trading new altcoins carries a much higher risk.
September 03, 2020, 07:43:47 PM
I know a lot of people who are full time traders and they make it. As long as you know how to trade with less risk and read charts, you can earn steadily. But it is not easy as it's said. Trading will always be risky since the market is unpredictable. Experience and sufficient knowledge in technical analysis is a must.
September 03, 2020, 07:25:58 PM
Can someone make it trading only altcoins?
of course you can. because i did it. even i started from a little money, but i got a big profit in the end. learned some knowledge about trading in altcoins from some experts is the best way. because they have so many experience on it. but be careful, trading on altcoins can give you a big profit in a short time, but also give you a big loss in no time.
September 03, 2020, 04:49:06 PM
How possible is it? Very possible that you could earn a decently amount as a trader to completely live off by doing that job. The secret is: don't be greedy when you're a trader. Looking for the safest trade instead of doing margin with high leverage when you knew nothing about it.
September 03, 2020, 03:54:15 PM
I heard that there are professional traders who do this for a living so yes many expert in trading are doing this as a full time job, but this people already acquire years of experience before they can be doing this as a full time job, this is not advisable for newbies, you have to go learn it in details.
September 03, 2020, 02:05:36 PM
Yes, if you know how to trade, it's the way to growing your bag, making enough amount to live by it. Tho, you need a lot of time for chart reading, trade back and forth in tiny amount of profits just for sure it wasn't risky. So, as long as you have time, yes its possible to make a living by trading cryptocurrencies alone.
September 03, 2020, 12:49:20 PM
Of course even my self are trading only alt coins I choose to buy altcoins since I see that many of the upcoming coins have really good potential and I don't want to lose that chances to have them some altcoins have some good trading volume and you can easily buy and sell them just stay away from shit coins with they can easily ruin you.
September 03, 2020, 12:40:31 PM
How many people are in the world? How many people make money from money? Even without bitcoin or crypto there are not that many people who work in an industry for financial sector, sure there are some but it is not all people in the world, probably less than %1 of the world. Which means you should not aim at working to make a living from crypto, it is not the purpose of crypto life style because you are not going to trade your way into a life. Sure go invest into it, have some saved aside and hold it for the future, that is awesome, but making a living is something different. That is why I would highly suggest everyone to save crypto and not try to profit crypto. You could also earn, you can work and get paid in crypto, I do that and that could work but obviously that is not trading.
September 03, 2020, 12:38:02 PM
it is very possible for people to make a living selling or investing in cryptocurrency, all are entitled to profit by trading crypto, especially during this pandemic many people lost their jobs in the real world so many people are making a living by making profit from cryptocurrency.
September 03, 2020, 11:50:25 AM
How many people are in the world? How many people make money from money? Even without bitcoin or crypto there are not that many people who work in an industry for financial sector, sure there are some but it is not all people in the world, probably less than %1 of the world. Which means you should not aim at working to make a living from crypto, it is not the purpose of crypto life style because you are not going to trade your way into a life. Sure go invest into it, have some saved aside and hold it for the future, that is awesome, but making a living is something different. That is why I would highly suggest everyone to save crypto and not try to profit crypto. You could also earn, you can work and get paid in crypto, I do that and that could work but obviously that is not trading.
September 03, 2020, 05:33:56 AM
It is very much possible to live of crypto for as long as there is crypto. Honestly you have to know to withdraw some of the gains you make before a market downfall. So if you play it smart it is definitely doable.
How we can see to draw advantages before market fall? can you seeing the future? looks like trade now, it is hard to the even a trader versed just must have fallen experienced loss movements in September 03, 2020, 05:28:53 AM
I think you can , i think nothing is impossible in this world , but we just think of trade profits because we need to know that many risks plaining way and appropriate for avoiding harm , what i do not only aimed to benefit only or next time you will regret
September 03, 2020, 05:28:43 AM
If you have expertise in day trading, of course you can get money to meet your daily needs, but I still advise anyone not to rely solely on crypto. because everything in crypto can happen in a matter of hours
That's why when you decide to trade on a coin especially into new listed coins better watch out carefully and monitors it like what is happening with DeFi projects, if we are going to trade with the projects that we see how increase too much in a span of hours or days, tendency the price will really fall down without us even noticing it. So if we enter some money for trading be focus and create a plan or TA to check whether where spot is right or can considered to stop loss or to pullout because many were able to really earn from trading if they are focus and serious in charting. September 03, 2020, 05:23:15 AM
It is very much possible to live of crypto for as long as there is crypto. Honestly you have to know to withdraw some of the gains you make before a market downfall. So if you play it smart it is definitely doable.
The point is how to play it and to know how it is with the knowledge that we have learned as much as possible, so all that can be done as long as we have enough knowledge to carry it out, because every job requires knowledge of each and to have knowledge is certainly not an easy matter for each person.
September 03, 2020, 05:00:50 AM
If you have expertise in day trading, of course you can get money to meet your daily needs, but I still advise anyone not to rely solely on crypto. because everything in crypto can happen in a matter of hours
if you are aware of that then I think at least you enter the coin you should be able to know the right time because so far cryptocurrency price movements are difficult to predict, doing daily trading can also give you a very high risk because you can get stuck at high prices. September 03, 2020, 05:00:04 AM
The truth is that trading cryptocurrency is quite a lucrative venture for those who are skilled and experienced in the act. The only challenge is that there's a risk of losing one's capital if care is not taken. Trading has even been simplified with trading bots that can be set up to help one get maximum result.
September 03, 2020, 04:40:43 AM
If you have expertise in day trading, of course you can get money to meet your daily needs, but I still advise anyone not to rely solely on crypto. because everything in crypto can happen in a matter of hours
September 03, 2020, 04:27:56 AM
It might actually take a long time but its worth it. To gain or earn more with Cryptocurrencies, managing a bounty or joining bounties are the best way to gain Alternate Cryptocurrencies.
You can earned crypto by this means, you just needs lots of patience and lots of research to pickthe right project that will allow you receive good amount of rewards from small task that you need
to accomplished.
Quote
Managing a Bounty is hard but the pay is good BUT to do that, you need to prove yourself by managing small bounties at first then transition to bigger ones. You also need to have a reputation within the forum if you want to be known.
It's really difficult since there are many respected BM that can easily take the post, and also, with bountymanaging you are entitled to received good amount of rewards, tough to compete but worth it once you
find the right team which will not scammed out and develop the project as how they promised to be.
September 03, 2020, 03:45:05 AM
There are so many traders around the world not only making a living but making wealth what you only need is skills and experienced you need to learn it not in few days or weeks but months or years to be able to become successful others look for a mentor but the fee is expensive if you dont have enough money then youtube is free but be careful to enter an investment without enough knowledge its too risky.
It is possible to make good wealth with trading but for that one need to have that skillset and should have the experience to trade at correct time and price else we know how it can fall back and also people in volatility has lost money. Not everyone can make money from trading but if one can sustain and get most of the trades in right direction, they will end up making money.
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