Topic: Who lives trading cripto? (Read 1237 times)
I don't think that it is possible to earn a living solely from crypto-trading, unless you are extremely lucky. Crypto-trading is very risky. Even if you earn profits continuously for five days, you can lose all of that in a single day when your trades go bad.
I'm almost off to that but today i have jobs to pay utility bills and etc because trading is just a predictable job not a 100% income job
I think it's very-very difficult, close to impossible to make enough money by crypto trading. Too much depends on luck here. Some coins are going up in 300% in one day and some down. Due to the reason that token's amount is more than 100, it becomes really difficult to "guess" what to buy and when
If you obviously are a trader, have an idea about trading and you have some good cash and knowledge, then you will know your statement is not right. You can make huge money everyday depending on the capital you are trading with and how well you are able to manage risk, strategize and use what you have to make good and quality decisions.
You cannot always win, but it is not always about luck cause if you know what you are doing, you will always win more than loose.
Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trade proficuos with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trade proficuos with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
Trading can be fun and exciting if you are making profits, but one bad move, or an unlucky swing downwards and you will be in red. buy and hold for a couple of months, maybe three, you shall profit.
I think it is very much possible that you suffer a loss but you should be having an art of recovering from your loss.
Trading cryptos for a living would have to be one of the toughest and riskiest things that one can do because one single mistake can cost you a big chunk of your capital.
How long does it take for a complete beginner to start understanding the whole daytrading process?
Living by trading crypto is not a smart choice, the smart choice is keep working in the real life, and earning profit from cryptos is just a passive income better than you living belong to trading ( a way that's very risk too). Gambling and trading are the way to make us rich or poor, not for living.
I believe this totally depends on each individual. Trading is a bit of work itself and can take most of your time if you are daytrading. However, it can be very profitable if you are skillful. Gambling and trading should never be compared to each other and that is where most people get it all wrong and just opt into trading, gambling their way in and out thinking that is all it takes to trade. You need skills, you need resources to make good decisions. You can never do that in gambling cause you have no resources to help your decision making and the system can be easily manipulated.
trading even its day trade or long hold will bring enough profits to supply your needs just be keen finding ways to learn then earned from this activity.
Very well said. Hard work is needed to become a professional, it’s the only way to success...
Living by trading crypto is not a smart choice, the smart choice is keep working in the real life, and earning profit from cryptos is just a passive income better than you living belong to trading ( a way that's very risk too). Gambling and trading are the way to make us rich or poor, not for living.
I believe this totally depends on each individual. Trading is a bit of work itself and can take most of your time if you are daytrading. However, it can be very profitable if you are skillful. Gambling and trading should never be compared to each other and that is where most people get it all wrong and just opt into trading, gambling their way in and out thinking that is all it takes to trade. You need skills, you need resources to make good decisions. You can never do that in gambling cause you have no resources to help your decision making and the system can be easily manipulated.
trading even its day trade or long hold will bring enough profits to supply your needs just be keen finding ways to learn then earned from this activity.
Living by trading crypto is not a smart choice, the smart choice is keep working in the real life, and earning profit from cryptos is just a passive income better than you living belong to trading ( a way that's very risk too). Gambling and trading are the way to make us rich or poor, not for living.
I believe this totally depends on each individual. Trading is a bit of work itself and can take most of your time if you are daytrading. However, it can be very profitable if you are skillful. Gambling and trading should never be compared to each other and that is where most people get it all wrong and just opt into trading, gambling their way in and out thinking that is all it takes to trade. You need skills, you need resources to make good decisions. You can never do that in gambling cause you have no resources to help your decision making and the system can be easily manipulated.
Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
i am trying to live from crypto currencies but i don't use only trading. i am trying from many ways that i could earn more bitcoin. if from trading i can make profit, then i think its enough to cash out my profit into fiat. but if i can make money from other ways while doing trading is not giving much profit for me, then i am fine with that. but i don't want to do forex because its too risky for me and i don't understand anything about forex so i think its better to do trading crypto currencies.
It's all fun and games until a single bad move that you didn't predict can either:
1. Cut deep into all your profits and hard work
2. Send you into a panic and make bad trades after bad trades trying to "fix" it
Investing and holding has been more profitable in the long run for me but it's rather boring, I admit.
Such instances of a trading cutting deep into your profit happens once in a while after so many wins if you know what I am saying. Of course, sometimes, losses are inevitable but most losses usually happen due to an unforeseen or unexpected changes in the market as a result of one news or the other. Most times if i see something strange going on, even after setting my stop loss button, I try as much as possible to keep monitoring the news on that coin to know if I should just accept my loss or keep buying more. As long as your positions are good and you are buying coin with a good support, whatever goes down usually come right back up. 1. Cut deep into all your profits and hard work
2. Send you into a panic and make bad trades after bad trades trying to "fix" it
Investing and holding has been more profitable in the long run for me but it's rather boring, I admit.
Living by trading crypto is not a smart choice, the smart choice is keep working in the real life, and earning profit from cryptos is just a passive income better than you living belong to trading ( a way that's very risk too). Gambling and trading are the way to make us rich or poor, not for living.
Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
I just start trading crypto for as much as $100.00. I think it's not how much money you invest/trade just earn money, the important thing is to learn first.
i was never for forex trading but in my view both of them had equal risk and big capital doesn't guarantee huge profit to recover the losses because it could be huge losses too if we had wrong predictions and regarding the profit i think sometimes if the price of bitcoin jumped the then percentages to get more profit is pretty much rather than forex
You cannot rely your livings on trading in stock just, thats foolishness. Trading is to be done beside your permanent source of income. If you are depending your livings on it than you must not do so seriously.
I also have decent experience on trading thanks to 7 years.But living with trading profits is not something that everyone can handle.It is boring profession and requires strong mental attitude.
i am doing living on trading cryptocurrencies but i have been also thinking about it.
the profit is very unpredictable and the market is not always good. but when it actually is good, you can make an unbelievable amount of money from it if you dare enter and are skilled enough to when to sell and don't get emotional to hold longer than you should.
and that is the issue that i have. if want to go full time trader mode, and market goes down and becomes unpredictable like these days with not much profit, that will be a month without anything earned. and when you are living on trading alone you will find it pretty difficult.
the profit is very unpredictable and the market is not always good. but when it actually is good, you can make an unbelievable amount of money from it if you dare enter and are skilled enough to when to sell and don't get emotional to hold longer than you should.
and that is the issue that i have. if want to go full time trader mode, and market goes down and becomes unpredictable like these days with not much profit, that will be a month without anything earned. and when you are living on trading alone you will find it pretty difficult.
I am working, and I trade both Forex and Crypto. I think anyone can leave their job and live by trading Forex. Forex is good and there is no such thing like Bitcoin retracement in Forex. The only good thing in crypto. Bitcoin continuously increase its value whether you trade or not.
Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
with big capital comes bigger risks. you will have a lot of stress each time there is a small loss in what you have invested. and when we are talking about crypto, the loss is much harder and more unpredictable.Quote
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
yes it is nearly the same but crypto trading is much more profitable and also less predictable.In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
I am actually thinking about increasing the amount that I am trading with and dedicate more time to trading also but I have not yet done it. I lack the time factor and that in my opinion is pretty important because I have to study the options and lower my risks as much as I can and that takes time, the time that I currently do not have.
iam live not only crypto trading, but iam live from online
my income from only, crypto trading, forex trading, stock exchange trading in real market and iam blogger to earn from adsense
my income from only, crypto trading, forex trading, stock exchange trading in real market and iam blogger to earn from adsense
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