is it possible to have fulltime income with altcoins trading ?? - page 5.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: mishra19 on July 29, 2017, 02:03:54 PM

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

if you didn't have any jobs in offline life then you can do full time altcoin trading, but you need to learn more in trading. because altcoin movement is not like bitcoin, then you need to analyze, watching the altcoin market, pick one or three altcoin, try to make profit. trading altcoin can give you regular income but i think we can not know how much bigger the income because the altcoin movement can not predicted, so be careful when trading altcoin.

NJB18

sr. member

Activity: 663

Merit: 250

Quote from: mishra19 on July 29, 2017, 02:03:54 PM

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

There is more income in trading alts than trading bitcoin. Bitcoin is for holding basically. You can have bitcoins and keep them in safe wallet and forget about them for around one year and when you return they are already very precious.

In alts, the price of some are still very cheap. A 25% growth happens in a few hours. If you master trading and you have a huge capital, there is really a big money waiting.

Singwala

sr. member

Activity: 462

Merit: 260

You need funds to have a fulltime income trading its like Superr market(Altcoins Market) and you are costumer buying items so if you have a small store you well sell your bought items in market and sell it into high price.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: LavaWave on July 29, 2017, 04:25:15 PM

Yes & No
both the answers are satisfactory to their condition

It all depends on your skills, timing, patience + Market makers + Trade analysis.. and many more factors.

Market can give you money and can take from you as well

A lot have been said above and yes, they have points on that.
It's all up to you if you are confident enough what you've got - your experience/skills, your amount of investment and other factors.
But one thing for sure, don't put all your eggs in one basket. Or you might regret it.

CryptoBoomers

full member

Activity: 168

Merit: 100

It's not only possible but it can set you free, even quickly if you have beginners luck or are a fast learner. If you have the combination of talents/skills that bode well with charting and hyper trading or predicting mid/longs then you can quickly keep doubling profits (or halving lol). Trading crypto isn't much different than trading anything except that it's hyper speed and hyper volatility - which ppl love and which is why it's both lucrative and risky.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: mishra19 on July 29, 2017, 02:03:54 PM

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Yes trading in income can give you a daily income if you will become a day trader. But there are some advantage and disadvantage, you must be prepared for the risk that you can possibly get upon making this as source of your living. I suggest that don't just depend on a single source of income, try to study other ways of earning.

xiaohang07

sr. member

Activity: 392

Merit: 253

Open and Transparent Science Powered By Blockchain

Only the talented few can be a successful full-time trader. Day trading is very skill-dependent and risky.

LavaWave

hero member

Activity: 686

Merit: 500

Yes & No
both the answers are satisfactory to their condition

It all depends on your skills, timing, patience + Market makers + Trade analysis.. and many more factors.

Market can give you money and can take from you as well

Butchick

full member

Activity: 392

Merit: 101

dApps Development Automation Platform

If you're pretty good in trading then i guess its possible. But since trading is quite a risky game and there will always be unexpected events, It will take some time and its quite difficult especially when you just started doing it. One must have more than enough funds Since we will never know if we will gain or lose every now and then.

FlavCoin

newbie

Activity: 61

Merit: 0

As other already said, daytrading requires time/capital/skills/searches ....

You'd better pick 3 or more promising altcoins and invest in them ..... expecting further gains in ... months or years ....

coolsai

newbie

Activity: 55

Merit: 0

Its possible to make millions but even the best traders don't consistently earn a stable income so I don't recommend it as a fulltime thing.

Anyway if you have to ask this question you probably don't know enough about trading in the first place and likely won't succeed.

Scooby903

hero member

Activity: 896

Merit: 500

Yes one can get fulltime income, in some cases a lot more than that with altcoins trading..
just dont get trapped with pump/dump group for quick profit

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: mishra19 on July 29, 2017, 02:03:54 PM

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

You can also have full time debts.
There are bots that can trade instead of you. So you dont need to spend time doing it at all.

jnow

full member

Activity: 154

Merit: 100

Quote from: mishra19 on July 29, 2017, 02:03:54 PM

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

If you have enough trading experience (ex. trading FX) and enough capital to survive for a whole year without a regular income, then maybe.

Otherwise you'll end up losing.

trumper

full member

Activity: 406

Merit: 102

Absolutely not, if you look at this market, smart people always do other businesses, trading cannot provide regular income, but you need regular income to live.

rigel

legendary

Activity: 1240

Merit: 1001

Thank God I'm an atheist

yes if you have plenty of time, money and skills.

Emperor of Man

hero member

Activity: 886

Merit: 510

Sure it's possible, but it's very hard. In many occasions you lose money instead of Earning it, and you also need experience.

Pab

legendary

Activity: 1862

Merit: 1012

Quote from: mishra19 on July 29, 2017, 02:03:54 PM

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Sure if you are very good in trading and you have time than it can.My advice choose legit alts,never follow trolbox chat on exchanges

mishra19

newbie

Activity: 16

Merit: 0

Hello there,i have learnt a lot about bitcoin and i am very interested in it.I also like trading but i have not done altcoin trading before.
I wanted to know can altcoin trading provide consistent and regular income ??

Topic: is it possible to have fulltime income with altcoins trading ?? - page 5. (Read 2993 times)