What is the safest way to gain 1% daily profit from trading? - page 4.

Herdirfauzi

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Quote from: micrypto on December 16, 2017, 09:17:53 PM

I think bitcoin is the king, so holding altcoins (even ethereum) is high-risk method right now, if bitcoin hits 25-30K many altcoins will drop 100% at latest, so trading is the safest way for me!
in your opinion what is the safest way to gain 1% daily profit from trading?

Quote from: xiaohang07 on December 16, 2017, 09:49:52 PM

There is no safest way to gain 1% daily profit from trading unless you are a trading genius. The safe bet is to pick some coins that swing back and forth a lot around a certain value. Buy low and sell high. That is it.

what you say is true, the safest way in the trading world does not exist, if someone is already proficient in reading the percentage of ups and downs of the altcoin then he will earn more than 1% profit, but if the newbie might buy altcoin when the price falls and sell when the price high.

nik9990

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if 1% a day, then buy just any coin on the day's decline, and when volatility to sell it with a profit

e_rein

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it is hard to get an exact profit daily, because price fluctuates a lot. Sometimes you may get lucky by having your altcoin's price skyrocketing. sometimes it just plummets without any reason what so ever. The rule of thumb is to wait until the price is reasonable before buying your altcoin, then sell it if you consider the price suffices.

FDC1412

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so you say that you are close to trading only. If you are trading excellent, having buy and sell your tokens or coins from trades all depends on how you control your transaction and I would say impossible. Coins are not definitely valued and the price doesn't always go hike. It falls and somehow it falls more than it hikes.

ChristianPogi

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I'm just a Nobody.

The safest way I think is to find some coin/token that you can arbitrage this is the best way to prevent loss but it is too hard to find it. And also you need a mathematical skills in arbitrage Cheesy

to compute profit vs transaction fee and how long it takes your transaction to be confirm.

jmigdlc99

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While it's not that simple because there really is no "safe" way to gain 1% profit daily (especially in cryptocurrencies), I believe the following points below would help you achieve the same.

1. Trade on an uptrend. I know this is so vague and obvious but its really worth mentioning that you really have to do prior research and see what coins have a bright future. Research and see what coins are also being hyped.

2. Trade high volume coins. The volatility of these high volume coins is usually good because they easily jump between +- 1% all the time.

3. Trade with a larger capital. By trading with a larger capital you can easily gain more even with very small changes in the coin's value. Buy and sell within small changes in price but do it often. Just make sure you gain enough to cover trading tx fees.

Shova

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Quote from: LAODINGTOU on December 21, 2017, 10:08:28 PM

One percent it seemed like a small goal, but in fact it is difficult, every one percent of profits, unless you have your unique insights to the market, otherwise it's hard to do.

1% daily indeed is a huge expectation. You'll be doubling your investment in 70 days.
No trading would guarantee you that. unless you have a good money and idea to start your own ponzi or pump and dump coin.

LAODINGTOU

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One percent it seemed like a small goal, but in fact it is difficult, every one percent of profits, unless you have your unique insights to the market, otherwise it's hard to do.

andrei56

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Quote from: sukoyomi on December 16, 2017, 10:14:46 PM

Quote from: xiaohang07 on December 16, 2017, 09:49:52 PM

There is no safest way to gain 1% daily profit from trading unless you are a trading genius. The safe bet is to pick some coins that swing back and forth a lot around a certain value. Buy low and sell high. That is it.

I agree with you, if everyone can always get 1% profit every trade, surely everyone will be rich. trading takes brilliance and experience in looking at price developments in the market. so the basic way to trade is to buy cheap and sell back when the price goes up.

The issue is that people are spoiled with crypto and they think they are always going to be able to get great profits and we know that this is not the case, there are moments where you are going to make a bad trade and then you need to make even more trades to get back the money you lost.

tsaroz

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Quote from: micrypto on December 16, 2017, 09:17:53 PM

I think bitcoin is the king, so holding altcoins (even ethereum) is high-risk method right now, if bitcoin hits 25-30K many altcoins will drop 100% at latest, so trading is the safest way for me!

in your opinion what is the safest way to gain 1% daily profit from trading?

Holding bitcoins alone would be another risk. So, it's better to diversify your investment on coins that you hold, at least 25% Of it. Ethereum, Monero and Litecoin have proved themselves to be a good buffer.

sukoyomi

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Quote from: xiaohang07 on December 16, 2017, 09:49:52 PM

There is no safest way to gain 1% daily profit from trading unless you are a trading genius. The safe bet is to pick some coins that swing back and forth a lot around a certain value. Buy low and sell high. That is it.

I agree with you, if everyone can always get 1% profit every trade, surely everyone will be rich. trading takes brilliance and experience in looking at price developments in the market. so the basic way to trade is to buy cheap and sell back when the price goes up.

Ereun

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You will feel satisfied and try to use someone else's strategy or follow the direction given from other traders. However, you should try using your own strategy and develop the strategy until you feel satisfied and sure to make the real deal Grin

andrei56

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Quote from: micrypto on December 16, 2017, 09:17:53 PM

I think bitcoin is the king, so holding altcoins (even ethereum) is high-risk method right now, if bitcoin hits 25-30K many altcoins will drop 100% at latest, so trading is this safest way for me!

in your opinion what is the safest way to gain 1% daily profit from trading?

Many people think that asking for 1% daily as if it is not a big deal when it is huge, the stock market earns 10% per year not only that since interest compounds daily that means that what you are asking is earning 37 times your initial investment in a single year which is ridiculous.

xiaohang07

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There is no safest way to gain 1% daily profit from trading unless you are a trading genius. The safe bet is to pick some coins that swing back and forth a lot around a certain value. Buy low and sell high. That is it.

micrypto

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I think bitcoin is the king, so holding altcoins (even ethereum) is high-risk method right now, if bitcoin hits 25-30K many altcoins will drop 100% at latest, so trading is the safest way for me!

in your opinion what is the safest way to gain 1% daily profit from trading?

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