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Topic: Is it possible to make $5,000 a month day trading? - page 3. (Read 1329 times)

legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
I just took a look and shiba inu is almost double the price this week.  So if someone put in 50000 dollars and then after a week, well they are up almost double the amount.

REally? Shiba inu? Really?

As far as I know shiba inu is a failed project due to the fact that it could not uphold its promise that the locked coins would stay locked. Vitalik showed everyone that he does not care about shiba inu and has no problem with throwing them around. That alone should send alarm bells going off for investors.

I would not trust shiba inu in the first place anyway, its just a dogecoin ripoff, as far as i can tell.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
With $15,000 as the trading capital it is very possible only if you are a good trader that have a working strategy that always work for you. If you are not a good trader please don't with the money that you can't afford to lose since crypto currency is too volatile and only those who the technicality in trading that use to survive it.
That can even be gone if you're just trading without any plan how you'll take care of that fund. Every single time your trade has profited, you need to have that action of taking back a portion of profit or capital.

And after that, you'll continue to what you've already started. But it's easy to say and to look at the possible gain, it's not going to be easy.
full member
Activity: 1708
Merit: 105
$15,000? Sure, very very possible. You can even make $5000 a month starting with $100 using leverage.

But the question is, how good are you actually with trading? Because the results will mostly depend on your skills/knowledge rather than your bankroll, and how much risk you're willing to take. You can even start with $1 million but you'd lose it all if you don't know what you're doing.
no matter how well you do in trading, it will obviously be adjusted to how much you have for trading capital. because I believe the more funds to trade the more likely it can be achieved for the profits to be made.
I do not believe with a small capital will be able to reach the value of $ 5K in a month.

I doubt, of course, that with $ 100 you can earn $ 5000 unless you are of course Elon Musk))) who can raise the price of any coin with the help of his fame and media.Of course, there are traders who feel the market well, but it is very difficult to fly from $ 100 to $ 5000 per month.
I think what your doubts are the same as I think, because how is it calculated to be able to get a profit of $ 5K in a month if the funds you have are small.
because the principle of trading is also to determine capital, the more capital used, the more will be generated.

maybe if you can raise the price quickly, of course there can be revenue that can be that big, because the factor of increasing the price is very influential as well. If there are no surprises, of course, with a small initial fund, we will look for a small price and obviously it will take time to achieve it, if a month is clearly not possible.
member
Activity: 267
Merit: 11
With $15,000 as the trading capital it is very possible only if you are a good trader that have a working strategy that always work for you. If you are not a good trader please don't trade with the money that you can't afford to lose since crypto currency is too volatile and only those who the technicality in trading that use to survive it.
member
Activity: 896
Merit: 17
$15,000? Sure, very very possible. You can even make $5000 a month starting with $100 using leverage.

But the question is, how good are you actually with trading? Because the results will mostly depend on your skills/knowledge rather than your bankroll, and how much risk you're willing to take. You can even start with $1 million but you'd lose it all if you don't know what you're doing.
I doubt, of course, that with $ 100 you can earn $ 5000 unless you are of course Elon Musk))) who can raise the price of any coin with the help of his fame and media.Of course, there are traders who feel the market well, but it is very difficult to fly from $ 100 to $ 5000 per month.
member
Activity: 742
Merit: 30
With the following criteria...

1) Make spendable (can't use it to trade) $5,000 usd net a month.

2) Daytrading full time.

3) No other means of income (can't sell my service).

*4) Starting with $15,000.

5) Trading all crypto (not just btc).


* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).


I have that belive that nothing is impossible in cryptocurrency trading, once you are able to learn more about trading, and also have good understanding about how trading works, I belive one get more that that in crypto trading per month.
full member
Activity: 1736
Merit: 116
making $5000 a month with $15000 it's very possible. in fact, professional traders do that and can even earn more than that. however, you need to look at the potential of the coin, and to earn $5000, it may require trading in the short term. So, you need to do some daily research on coins that have recently gone up, or down, and have the potential to move down or even higher.
What you need to know is, the risk in this case is very large. So, you need to get 30% profit from the funds you put in. However, it is a law of nature that when you want big profits, you need big risks. so, I think that this has big risks. however, my advice, start looking for top coins with very unstable volatility, up and down. it might make you faster to produce it. DWYOR

I also believe the $5000 profit target is achievable, but of course there are some conditions that must be met. Although I also have never done
day trading and made a profit of $ 5000 in a month. But I know some people who can make $5000 profit in a month from day trading. Indeed,
several things must be done to be able to make a profit of $ 5000 from day trading and you have explained it well, maybe i just want to add it,
what is forgotten is that usually using large capital is easier to generate large profits too. Although it is possible that small capital can generate
large profits, but the difficulty level is different.
sr. member
Activity: 1974
Merit: 450
making $5000 a month with $15000 it's very possible. in fact, professional traders do that and can even earn more than that. however, you need to look at the potential of the coin, and to earn $5000, it may require trading in the short term. So, you need to do some daily research on coins that have recently gone up, or down, and have the potential to move down or even higher.
What you need to know is, the risk in this case is very large. So, you need to get 30% profit from the funds you put in. However, it is a law of nature that when you want big profits, you need big risks. so, I think that this has big risks. however, my advice, start looking for top coins with very unstable volatility, up and down. it might make you faster to produce it. DWYOR
copper member
Activity: 770
Merit: 1
At present time future trading is good option to make a good day or month profit but this also has high risk. Some traders take high leverage to maximize their profit but this can cause liquidation and a big loss. Experienced trader can take 5000$ monthly profit by spot trading or leverage trading. We should have good capital to make this profit out in a month.
full member
Activity: 1750
Merit: 186
I just took a look and shiba inu is almost double the price this week.  So if someone put in 50000 dollars and then after a week, well they are up almost double the amount.
full member
Activity: 333
Merit: 105
www.cd3d.app
Of course you can make a profit of $5000 monthly by investing $15k. But it will depend on your trading strategy and coins you choose to trade. You need to find highly potential coins. For this you have to observe the market very well.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
I believe with good volatility, it is possible to make that target within a month. If you are the lucky type that trade assets that get attention on big exchanges, you only need 30% of $15,000 to make that amount under a short period of time and before you know, you are already a making huge amount of money.
Another advice is that, stay away from futures, it is one of the fastest way to get profit but the damage it will result if your trade do the opposite will dissapoint you.
newbie
Activity: 8
Merit: 0
Of course, any limitation of yourself is always inconvenient, especially when it comes to the exchange.
full member
Activity: 1750
Merit: 186
How hard would it be to do this if you are limited to a few exchanges only such as


Coinbasepro
Gemini

FTX



Asking this due to country restriction.



This would make it much harder for people?  Such as if you don't have access to either binance etc.
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
So let me tell you a short story of the future. I like to call it "its obviously going to happen to you". First of all, daytrading? Thats not something just anyone can do. People study this stuff for decades and still can't accurately predict the market and lose all their money over 1 bad trade. So don't do it. You should look more into actually investing instead of putting all your eggs into one basket.
full member
Activity: 333
Merit: 105
www.cd3d.app
For some reason, everyone thinks that trading can only make money. Guys, do not forget that this is a risk, and in addition to profit, you can also get losses, and for this you should not forget.
You are absolutely right. We forget that trading is a game of luck. Not only profit here, you may loose part of your capital or total capital.
Whatever it is, it is possible to earn $5k profit per month by investing $15k. That’s why you need both experience and luck.
jr. member
Activity: 140
Merit: 2
For some reason, everyone thinks that trading can only make money. Guys, do not forget that this is a risk, and in addition to profit, you can also get losses, and for this you should not forget.
full member
Activity: 1190
Merit: 111
With the following criteria...

1) Make spendable (can't use it to trade) $5,000 usd net a month.

2) Daytrading full time.

3) No other means of income (can't sell my service).

*4) Starting with $15,000.

5) Trading all crypto (not just btc).


* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).



Yes it is very possible to earn that here in cryptocurrency dude. But that's not easy to get it, I am not discouraging you huh. I am just stating the fact here as an individual traders in crypto space. Because to gain that amount of money, you should have a high understanding in reading the chart or graph in the exchange, know the risk management as well, and of course you supposed to have a skill too.
sr. member
Activity: 2226
Merit: 347
With the following criteria...

1) Make spendable (can't use it to trade) $5,000 usd net a month.

2) Daytrading full time.

3) No other means of income (can't sell my service).

*4) Starting with $15,000.

5) Trading all crypto (not just btc).


* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).



1. There would be no fix net income with trading, it all depends on how you do trade or how well you do play with volatiility.
2. Something that not everybody would able to take good grasp of it.
3. You should prepare in case you do lost
4. When it comes to bankroll or capital then it would really vary from time to time on each person.
5. Easy to say but would really be that hard. Focus on what coins you can handle on.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
Earning $5000/month with daily trading is easy if you master trading well and have good emotional control
No, it's not easy. Even if you master trading, you'll still have losing days and can even go like a streak. What's easy is that we can say it easily that it's easy to make money from trading. But if you apply it to your own and even you've become a master of it, you'll still have some red days for sure. The possibility is a yes but going through the process of it might make you quit because the reality is that it's not actually easy as you think and like the usual reaction, "easily said than done".
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