Post
Topic
Board Altcoin Discussion
Re: How possible is it to make a living trading cryptocurrencies alone?
by
bakasabo
on 29/07/2020, 08:21:56 UTC
One does not necessarily need high capital to start. I know people who started from 100$ and now trade cryptos worth more than a hundred thousand dollars. It’s all about making the right decisions at the right time and understanding the market inside out. I agree that many traders lose money instead of making profit out of the trade the reason being their impulsiveness to invest without any background check or technical analysis.

Do you happen to know how long did it take them to reach from $100 to $+100,000 ? Hard to believe someone managed to multiply his invested in trading amount 1000 times. How they reach such an amount? Trading or simply holding ? I have a feeling, that it was just a pure luck. If you give them $100 today, they would not repeat their path of obtaining $+100,000.