Post
Topic
Board Trading Discussion
Re: How much would you say one could realistically make a month trading?
by
CryptopreneurBrainboss
on 14/02/2021, 06:13:51 UTC
[quote author=9thsky link=topic=5315634.msg56299784#msg56299784 In the current market situation where almost every altcoin is going up you can make a lot of profit, minimum 2x-3x on monthly basis. But this ratio of the profit making will decrease in bear market and at times you won't be able to make any profit. I would not recommend you to do full time trading with only capital of 10,000$.

Exactly, I would had just suggested investing, you have a capital of $10,000 that can easily turn $100,000 in matter of weeks or approximately one month. The altcoins are giving great return of investment at the very moment. You can take advantage of this and be very quick in taking profit, don't get attached as nobody know when the crash will come by.

Obviously a large allocation should be given to bitcoin then some $1000 capital can be invested in selective coins especially those with strong fundamentals and have the support of the community. Most of those coins can be found on binance, while most of them have already been hyped some are yet to moon.

DeFi coins are also doing quite well but just like last time, if you'll be picking interest in them, you should be very cautious as the hacks are still coming in, causinytge price that crash within minutes.