Topic: Is 5% daily in crypto trading possible? - page 2. (Read 588 times)
You cant take this profit all the time. Because short term volatility for the most part is unpredictable.
with humanly emotions its next to impossible, you will tend to get little attached with some or other but yes theoretically possible
its can you reach maybe more than 5%, first you must select coins have potential, growth, and then timing you buy-sell. remember your goal is profit, doin daily traders when you have time. after finish do it, dont save your asset in coins, but make your asset in money, because your goal is profit not how many coins you have
I think its possible in bull trend but its very very hard to stay in same place at bear trend.
I think you need to spend many many hourse watching coins to get this kind of profit, very hard for me.
I think you need to spend many many hourse watching coins to get this kind of profit, very hard for me.
Yes it's possible. It will take quality studying and researching. You can even make more even in a bear market, 30% Daily is possible. All that's required of you is to develop good trading skills, commitment and persistence. Be good with technical analysis and be also in sound with market psychology.
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
I dont think so but any trading platform is also risky to but 5% daily is impossible.
It depends on how good a trader you are. At the same time, a large profitability is possible in the growing market, just on the growth of the rates of crypto-currencies
Yes, I think it is quite normal adequate interest, you certainly need to find a good coin or a token with such volatility to sell for + 5% of the price and buy -10% of the price, but still you need to select this coin, and today they are not small , but not at such moments as now
Not long term, you'd be the richest man in the world in a few years if you could.
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
If you're good at trading and arbitrage - you can earn 5%, but it's not everyday opportunity
Ofcourse a daily trader should have atleast 10-15% daily average,if you dont achieve this then you are still noob to trading.
I think it's quite difficult.
Why do i say that? Even if you buy and sell every time you make a 5 percent profit, if there is a policy bad news, it will lead to a big drop in the whole crypto-currency in the short term.That means you'll lose more.
Why do i say that? Even if you buy and sell every time you make a 5 percent profit, if there is a policy bad news, it will lead to a big drop in the whole crypto-currency in the short term.That means you'll lose more.
Yes, it is quite possible but you need some good experience along with some good bucks. I am making 1%-5% daily but I start trading about a year ago. I am playing safe otherwise I can more.
It is really possible. You should monitor the rise and fall of rates at once several tens of cryptocurrencies, in order to get the necessary profit in the end. It's not easy.
For example, yesterday rates of Ripple shows sauch a dynamics.
For example, yesterday rates of Ripple shows sauch a dynamics.
I wish to seek your opinion. From your experience (especially those that trade cryptos), Is 5% daily profit actually possible?
if you don't mean 5% profit on 10000BTC then yes it is possible to make 5% profit every day in altcoin market through trading them in about 90% of the days all year long.
but the first problem is knowing how to ride the pump and dumps and when to enter and exit, conversely "to day-trade". usually people mess things up in the exiting part and sometimes in the entrance by going in way too late and getting dumped on or sticking around for a long time and not selling their alts.
the second problem is sticking to 5% and not getting greedy and wanting to increase it. usually when you make 5% profit consistently you start thinking why not invest more and increase the % so that i can make more. and increasing it usually doesn't end well.
Very possible if u do flipping
Hello im doing scalping everyday and i earn averagely 10-20% of my investment,and if i dont have the time to scalp because i am busy im doing day trading but for me scalping has more profits than a day trader,you can start learning some basics technical analysis in investopedia.com that is where i learn most of the things in trading.Goodluck and enjoy learning!
I think to get a fairly large profit we need a large capital too. and for a 5% profit per day can of course come with a minimum amount of capital!
Everything is possible including total loss of your trading capital. Currency fluctuations is the most difficult area to predict in comparision with commodities, shares, options, etc. Remember that 95% of traders lose their money. 20% year in and year out is a very good profit on any market.
Yes, it is possible to have 5% gain everyday if your trading skill is good and have time to research on the market daily. If not, you are better off holding on the coins and generate a lower gain.
I don't agree with you here. Assuring a 5% gain everyday is absolute rubbish and people who fall for this are obviously gullible. This is the extremely volatile crypto world which is way more volatile than the stock and forex market and any coin or token can skyrocket or fall in value at any time of the day since the crypto market functions for 24 hours a day non stop. The lending programs like Bitconnect functioned though this strategy and look what happened to them. Nothing can ever be guaranteed in the crypto world. Jump to: