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Topic: which is easier 1-2% a day or 20-30% per month - page 3. (Read 19266 times)

hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
It is very difficult to maintain a constant profit of 1-2% a day, You can make a profit 1-2% in a few days in a row, but then you will probably lose all that place. So I think it makes sense to set a monthly profit target.
Yes,theres no such thing for you not to take any loss on a particular trading day.Talking about constant its always be a non assurance for you to get profits on daily basis but having a goal or target is suggested but on my part I don't think too much on how much would I profit as long I can see green on my portfolio then it is already enough and can be considered good.It will only be total at the end of the month on how much you had made and you should not force up yourself to hit up a specific target.
hero member
Activity: 1190
Merit: 541
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

None of them i think. Because both side have are too much complicated thing. Day trade is too much risk in trade. I prefer people to stay way for day trade specially which people are new in trade. And now days invest on a project is too much risk too because lot of scam projects. It's too much hard to find a good quality project. But if you find a great project which have a great team, good idea and good future i think this is the best side to choose than day trade.
You cannot run away from your problem, you have to just face them, if you continue to run away from trading because of this and that, when then will you stop running. Both are good and we see people that has been making money trading both daily and monthly, with daily, you can at least know that you will still make what will help you pay for some bills the next day if you don’t want to compound, and as you are compounding, you are building more of your portfolio for more bitcoin.

I know that trading is very risky, but we have so many people that are taking the risk on a daily basis and are getting through it having cash they go to their portfolio with often. That type of trading is good, but to be done professionally with the accurate knowledge and strategy.
sr. member
Activity: 994
Merit: 391
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

As a day trader, I can easily say that to get 1-2% in a day is easier than 20-30% per month. Because to gain 1% in a day you need a strategy that you can use every day. You don't need any fundamentals and market conditions. just hit and run.
member
Activity: 459
Merit: 10
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
Yes, I have also tried to implement such trading strategies. It's quite reasonable, but it's not always easy for the market to move so you can earn so much.
it will have strong price cuts and our account will be greatly reduced as well.
To gain profit every day, we really need to have very profound knowledge to fight the market.
legendary
Activity: 2562
Merit: 3477
It is actually very difficult to get 1-2% per day for a long period of time. I would say this is impossible. Short-term trading is a casino. In such trading, it is difficult to count on stable results for a long time. Therefore, of course, it is better for a trader to wait for a good opportunity and make 30%.
hero member
Activity: 2128
Merit: 520
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

None of them i think. Because both side have are too much complicated thing. Day trade is too much risk in trade. I prefer people to stay way for day trade specially which people are new in trade. And now days invest on a project is too much risk too because lot of scam projects. It's too much hard to find a good quality project. But if you find a great project which have a great team, good idea and good future i think this is the best side to choose than day trade.
Both sides have a big risk behind, it's hard to find project who can provide such good outcomes, it's takes time before learning the right system and strategy to work with your knowledge, though there's traders who already find a comfort playing with either day trade strategy or medium type of
holdings to reach 20%-30% per month, it's still depends from how good you understand the market and how you will handle taking the risk of any possibilities of losing your investment.
sr. member
Activity: 2828
Merit: 357
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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
Is that for reality?that neither of that are easy?or maybe you misspelled and that is “AREN'T EASY”?1-2% a day aren’t assurance because volatility of crypto hindered every currency to continuously grow so there is no way that we can consistently gain that percentage daily or even that 20% a month

Because if it’s true that it was easy then we can make our capital more than double a year!?if that’s the case so we can just sell all our asset and invest for assurance of doubling this in a year .or so!?no way mate this isn’t realistic just like what other says above me
hero member
Activity: 2884
Merit: 794
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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

1% profit a day on trading is realistic to be happen, if you will have a dedication, determination and passion to do it.
Just important is that don't focus in one coin only that you are going to invest in. If you maintain this you're capital will grow
for sure.

People do not really seem to understand compound interest, even if you were to get only 1% profits daily at the end of the year your capital will multiply many times over if you keep reinvesting your profits in your trading account, so anyone setting a goal of earning 1% profit per day is setting himself for failure, in the stock market anyone earning over 10% per year is considered to be really good, if we consider the volatility of this market if you can earn more than 30% per year I will say the same about you, so those thinking in reaching those huge gains are not creating realistic goals for themselves.
full member
Activity: 994
Merit: 101
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

None of them i think. Because both side have are too much complicated thing. Day trade is too much risk in trade. I prefer people to stay way for day trade specially which people are new in trade. And now days invest on a project is too much risk too because lot of scam projects. It's too much hard to find a good quality project. But if you find a great project which have a great team, good idea and good future i think this is the best side to choose than day trade.
hero member
Activity: 1092
Merit: 501
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

1% profit a day on trading is realistic to be happen, if you will have a dedication, determination and passion to do it.
Just important is that don't focus in one coin only that you are going to invest in. If you maintain this you're capital will grow
for sure.
hero member
Activity: 1540
Merit: 508
It is better to get 1-2% a day than 20-30% per month because you will feel difficult to search for the profit. Besides that, for making 1-2% daily, you have so many coins that you can use to buy low and sell high, thus your chance to get the profit will bigger. And if you calculate in a month, perhaps your profit will bigger than 20-30% at the end of the month. So I suggest you make 1-2% in a day and keep doing that, and you will be surprised at how much money you can make.

You will not feel difficult to make 1-2% a day, especially if many coins can move together and you are buying at the right time so your profit will come to you.
Everything should still depend on our capital, if capital is large, 1%-2% per day is a good choice because there are so many altcoins that can fluctuate and grow every day, the profit is probably very small but with a large amount of capital, it is very significant, but with small capital, profit is probably not enough to pay fees, so 20-30% per month is probably the wiser choice. Besides, we may still not impose any criteria on this work, that will make us reduce anxiety and stress, the process we work in will be more efficient
hero member
Activity: 2912
Merit: 556
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It is better to get 1-2% a day than 20-30% per month because you will feel difficult to search for the profit. Besides that, for making 1-2% daily, you have so many coins that you can use to buy low and sell high, thus your chance to get the profit will bigger. And if you calculate in a month, perhaps your profit will bigger than 20-30% at the end of the month. So I suggest you make 1-2% in a day and keep doing that, and you will be surprised at how much money you can make.

You will not feel difficult to make 1-2% a day, especially if many coins can move together and you are buying at the right time so your profit will come to you.
jr. member
Activity: 206
Merit: 2
As long as you are in green, I will take it in either way. But it’s not so simple to make 1% or even 20% a month. The obvious challenge is that you have to consistently make profits, which is often impossible. However, with good strategy we can reduce losses and increase profits for our self. I work with just keeping tracks on Crypto News, which is enough to bring me good and consistent rewards. And I feel it should be good enough for all.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
1-2% per day is the same as 20-30% per month in terms of profit. What is easier, I think 20-30% with one trade is easier to make than to trade every day for that 1-2% profit. But it`s my opinion, based on my experience. I tried daily trading and overall I lost money like that. When I started with long term trading I started to make profit, and for me it`s easier to find a good coin, invest in that coin and wait some time for the price to rise and you can collect the profit.
full member
Activity: 952
Merit: 104
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


For me 1-2% a day lets compute if we can earn 1% aday in 30days we can earn 30% of profits if we can earn 2% aday is equal 60% earning profits in one month is abig different for 20-30% a month is that simple math analysis.
legendary
Activity: 2212
Merit: 1008
Unfortunately the 1% to 2% profits per day is sometimes not achievable. I mean you can get 1% to 2% profits per day including Sundays and Saturdays. But, I would rather go with 2% to 3% profits per day. 1% profits per day is kinda small considering that we pay 0.25% trading fee or even higher depending on what site you are using.

Gosh, you cannot plan either 1-2% or 20-30% profit as trading cryptocurrencies is the most unpredictable business. You cannot foresee when the market changes and how it will behave. Today, you plan to do 2% and start the deal, but in an hour or less, the market falls, and you lose.
Or, certainly, vice versa. Follow the market changes and be flexible - it is the best thing to prompt.
legendary
Activity: 1834
Merit: 1036
Unfortunately the 1% to 2% profits per day is sometimes not achievable. I mean you can get 1% to 2% profits per day including Sundays and Saturdays. But, I would rather go with 2% to 3% profits per day. 1% profits per day is kinda small considering that we pay 0.25% trading fee or even higher depending on what site you are using.
legendary
Activity: 2030
Merit: 1028
How about 1000% for few years ahead ?

For me to make  20-30% per month in consistent will be difficult because in crypto, they are totally unpredictable.
Yes, eventhough you have learn the TA and FA on stock exchange but they still different !
legendary
Activity: 1890
Merit: 1148
Both of that way are difficult. I don't know what's the reason people are too greedy to get profit asap they can. Even for a warren buffet, he only aiming for 20% profit annually, and you can look him right now,  He is one of richest people in the world. So why should we aiming too high goal? 1% daily it's mean 30% in a month, or 365% in a year.
newbie
Activity: 56
Merit: 0
both are possible i do both day trading and longterm , but if you are new getting 1-2% in day trading is difficult getting correct entries and market conditions many factors in day trading will not make profits consistent but in long term its all different 

Yes, both are possible but there is no guarantee you will be successful. Many such percentages sound humble but this is not easy to achieve at all. Day trading is extremly demanding  and not for everyone so I would choose monthly profits.

As a newbie trader i can state that for me it's too complicated to calculate the monthly reward. Price always change and it's too hard to predict where market will go. Also you shoyld consider curent market conditions.But if i'm not sure in my prediction and want to go long i usually check the charts and signals of Monfex. Their predictions are always right.
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