Post
Topic
Board Altcoin Discussion
Re: Ways to make passive income in crypto with altcoins
by
boled
on 02/09/2021, 16:17:12 UTC
~snip
the first is trading. although the risk is big, but I think we can control that risk by creating a safe zone when we trade, whether it's in the short term or long term. however, I do most of the long term trades. waiting for the right time always gives a very good profit.


I agree with you, but most people are impatient to wait, so most of them lose, which is the best way that most winners do. But I don't recommend this for obscure tokens, I'm mostly holding trading on old coins. It takes in-depth analysis if you do it on new tokens, most people will do scalping if you play on new tokens, not even a few do hit and run.
Actually, I'm still curious, is trading in the passive income category? because it seems we have to do a lot of things when trading, analyzing candles, checking price movements, looking at volume, diligently searching and following the news, plus we have to linger in front of the screen.