I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)
There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with 10-20% profits for a cycle.So what kind of trading I have to do now
1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
edit:
Update:
I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
If you want a passive income then you can invest in some coin which offers passive income so that you can earn fixed amounts of dividends for holding those coins which would meet your requirements of monthly basis profit. There are a lot of coins which offer dividends so you can find some of those easily. Always thoroughly research about the coin and its background before investing into to keep your funds safe always.
If you have made your mind to do fiat trading, then you might find profits in it but the profits in crypto trading is possibly higher so you should re-think about your investments and make your mind to invest in some good project.