20-30% seems easier for me because when you limit yourself for 1-2% per day then that will give you a very low profit because there is fee that you need to pay for each trade and also the fee when you do some withdrawal. While, when you trade and target for at least 20-30% per month, it is easier for you since you have a larger room to work with and you don't feel that you are limited.
it will depend actually how much is your capital is. If you earn 1% -2% from 2-3 BTC that was not bad and the transaction fee will not be a problem. If you still afraid of high transaction fee you can use other altcoin that much lower transaction fees.
Topic: which is easier 1-2% a day or 20-30% per month - page 2. (Read 19266 times)
20-30% seems easier for me because when you limit yourself for 1-2% per day then that will give you a very low profit because there is fee that you need to pay for each trade and also the fee when you do some withdrawal. While, when you trade and target for at least 20-30% per month, it is easier for you since you have a larger room to work with and you don't feel that you are limited.
it will depend actually how much is your capital is. If you earn 1% -2% from 2-3 BTC that was not bad and the transaction fee will not be a problem. If you still afraid of high transaction fee you can use other altcoin that much lower transaction fees.I agree with what you said. It depends on that capital you are trading at and earning 1%-2% from 2-3 BTC is not that bad. Also, it's good because making that money in daily trading is a massive profit at the end of the month. Also, the transaction fee is not that high, but 20-30% a month seems more comfortable, but in trading, we can't always say that you can reach your profits at that rate, compared to daily trading that if you reach your favorable rating, you can stop or continue until the price is affordable to you.
As suggested by you, 5-6% is quite achievable. All it takes is following some good signals and doing intra-day with short intervals. But for someone indulged completely in trading, is it really fruitful to make just 5-6% a month?
Certainly,I will not suggest anyone to go with short term interval trading unless you got the capital could be completely afford to lose.When someone is doing intra day trading then its possible to make 5-6% on that day but the thing is not possible to make everyday.When the days we are not making any profit we also might lose the profits from previous days so when we compound it then its not worth to make 20% of profit when we can make it possible with few trades every month. Neither 1-2% everyday nor 30% every month is realistic target can be achieved so make it something under realistic like 5-6% per month will be a good choice.
The OP's question is really like, Which one is easier winning daily at gambling or winning lottery at once!
In truth, both are impossible. No one is that skillful as well as lucky enough to make 1-2% daily, nor does anyone can make guaranteed 20-30% every month.
As suggested by you, 5-6% is quite achievable. All it takes is following some good signals and doing intra-day with short intervals. But for someone indulged completely in trading, is it really fruitful to make just 5-6% a month?
Neither 1-2% everyday nor 30% every month is realistic target can be achieved so make it something under realistic like 5-6% per month will be a good choice.
But for the context of your idealogy better choose the monthly goal rather than having daily because we may not achieve daily goals in crypto trading and also we have to spend more effort but when we keep it in longer format no need to give much effort until our goal price reaches.
But for the context of your idealogy better choose the monthly goal rather than having daily because we may not achieve daily goals in crypto trading and also we have to spend more effort but when we keep it in longer format no need to give much effort until our goal price reaches.
1-2% per trade is fairly easy to accomplish. If you buy in at the right time, you can easily pick up 3%+ in just a few minutes. If you do one of these trades a day, then you're better off going that route. The reason is, that 1% gain you got adds onto the next trade you do. So, let's say you started with $10, now you have $10.10 to invest and will have $10.12 on the next trade. So, it's better to shoot for the 1-2%/day due to the compounding gains. At the end of the month, you will have made more than if you just held the coin to get to the 20-30%.
20-30% seems easier for me because when you limit yourself for 1-2% per day then that will give you a very low profit because there is fee that you need to pay for each trade and also the fee when you do some withdrawal. While, when you trade and target for at least 20-30% per month, it is easier for you since you have a larger room to work with and you don't feel that you are limited.
it will depend actually how much is your capital is. If you earn 1% -2% from 2-3 BTC that was not bad and the transaction fee will not be a problem. If you still afraid of high transaction fee you can use other altcoin that much lower transaction fees. Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month
Definitely 20% over a month. My answer might be different from everyone as everyone would say that 1-2% is always much easier to get as it just takes a small swing in your direction for you to reach your profit. But it doesn't works that way. As this 1-2% swing could go any way around which means it is as easy to lose money as it is to make money ending you with zero odds on your side. Moreover 1-2% a day involves day trading. Day trading is a very stringent mental exercise which involves you fighting with your own emotions when you are just about to press the buy button and sell button. Not everyone has the capacity to do this. So earning 20% per month with a good strategy is easier because you atleast have a control over your feelings and you can rethink about your decision a couple of times. Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month
It's a positive way of thinking, but it's hard for anyone to keep up that feat for a long time. There are legendary investors, 1 year they only made a growth of 28% - 35% of their total investment funds. so we should think smaller and more modest, I think 10% per month is already a great achievement and we will have a more relaxed mind.But if OP can make 1% daily trade thats better since they can watch the price always and cut loss if they see the price change.
Perhaps scalping, one of the activities that can bring 1% -2% per day. Or trading without shorts, you can also with shorts if you are experienced.
In any case, for all these activities you need experience and knowledge. How to earn 20% per month from my income without any particular risks, I don’t know, all the options I know are quite risky.
Income of 20% - 30% per month is a fairly large amount. As a rule, such incomes, especially in the crypto sector, are fraught with high risks,
which means that in some of the months you can lose a significant amount of money from already earned ones.
I like the earnings of 1% -2% per day more, because every day the amount will increase and increase.
In any case, for all these activities you need experience and knowledge. How to earn 20% per month from my income without any particular risks, I don’t know, all the options I know are quite risky.
Income of 20% - 30% per month is a fairly large amount. As a rule, such incomes, especially in the crypto sector, are fraught with high risks,
which means that in some of the months you can lose a significant amount of money from already earned ones.
I like the earnings of 1% -2% per day more, because every day the amount will increase and increase.
Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month
It's a positive way of thinking, but it's hard for anyone to keep up that feat for a long time. There are legendary investors, 1 year they only made a growth of 28% - 35% of their total investment funds. so we should think smaller and more modest, I think 10% per month is already a great achievement and we will have a more relaxed mind.
It is possible to get 20-30% a month, not per month.
With the volatility of cryptocurrencies, you might not tell how much you can make a month, a day or even a year.
It varies how the market move but it is possible to get 1-2% a day, as long as you are wary of the movements that are happening. But the more cryptocurrencies you hold or have, that would be really hard since every movement of those cryptos, you should be able to monitor.
With the volatility of cryptocurrencies, you might not tell how much you can make a month, a day or even a year.
It varies how the market move but it is possible to get 1-2% a day, as long as you are wary of the movements that are happening. But the more cryptocurrencies you hold or have, that would be really hard since every movement of those cryptos, you should be able to monitor.
Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month
You need to have a huge capital to make a good spread if you are aiming 1-2% with daytrading and there are also factors like having many altcoins can be so stressful because a lot of them coud go down more than 2%. So the safe strategy is 20%-30% per month and if you start monitoring Eth, it is the best pick to do the swing trades. Eth plunges down 20%-30% in some weeks but will manage to go back up again and it kept happening for months.People shouldn`t have time frame for making profit with trading. If you believe in some coin invest in it and be patient, price will rise more
then 20-30% after some time, month or two, or more, who knows, we need to be patient.
It`s risk when you hurry to make profit, most likely you will make a mistake in that hurry. Do things slowly and safe, profit will come eventually.
Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month
You need to have a huge capital to make a good spread if you are aiming 1-2% with daytrading and there are also factors like having many altcoins can be so stressful because a lot of them coud go down more than 2%. So the safe strategy is 20%-30% per month and if you start monitoring Eth, it is the best pick to do the swing trades. Eth plunges down 20%-30% in some weeks but will manage to go back up again and it kept happening for months.
my opinoin is better to tryn 1-2% profit daily rather than taking 20-30% a month.
but yeah you need tou learn from pro trader,or take a trading learning course.
without anything you like gambling and really depend on luck.
but yeah you need tou learn from pro trader,or take a trading learning course.
without anything you like gambling and really depend on luck.
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when you have the ability to produce 1 to 2% every day from the funds you have, and the ability to produce 20 to 30% of the assets you have, I suggest doing both.
You can divide the funds you have into 50/50, so you can earn 2% every day, and 30% for each month. so you have daily and monthly income, and if the total is the result will be greater. You can even produce more than 50% of your assets every month if you succeed in doing that. Well, it's not easy, but this is just a parable.
You can divide the funds you have into 50/50, so you can earn 2% every day, and 30% for each month. so you have daily and monthly income, and if the total is the result will be greater. You can even produce more than 50% of your assets every month if you succeed in doing that. Well, it's not easy, but this is just a parable.
Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month
Trading-day is one of the high-level techniques of trading. You must be a trader with many years of experience in trading. You must choose potential Altcoins with large fluctuations in a short time, these are the weaknesses that you need to have if choosing trading-day. The risk of Trading-day is huge if you make the wrong choice, you have to accept losses. 
There's no easy way to get a good profit in trading because losses are always there you cannot predict what will happen in the market it can be pump or dump anytime making a 1 to 2% a day is more realistic as long as you can handle your emotion plus managing your risk.
If its just between 1% to 2% there's a chance that you can predict where the trend is going by using the right tools. RSI, Parabolic SAR and Bollinger Bands are the tools that I use for short trades specially Bollinger Bands which is used by day traders. if its a long term trade that's truly hard to predict.Scalping isnt really that easy and cant be attained by anyone.Its a good trading set-up but a more riskier than or compared on just simply holding.
Dont set out goals in terms of fix because this will just pressure us.Just do things without minding on how much you had made, just make it sure or try
your best to get greens.
There's no easy way to get a good profit in trading because losses are always there you cannot predict what will happen in the market it can be pump or dump anytime making a 1 to 2% a day is more realistic as long as you can handle your emotion plus managing your risk.
It's not easy at all to get the profits you mentioned. Actually, it's rather hard to make continuous profit either on dayly or monthly level. If you stick only to certain percentage of profit you might get disappointed because there will be times when you will not achieve that.
Since there is no profit guarantee or easy way you should choose the strategy that suits you the most. But you have to also include some loss into your calculations.
Since there is no profit guarantee or easy way you should choose the strategy that suits you the most. But you have to also include some loss into your calculations.
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