Post
Topic
Board Altcoin Discussion
Re: Trading Crypto With a Job..
by
Silberman
on 20/12/2022, 03:57:02 UTC
it is wise to have multiple source of income, no need to leave your work unless you have a 80% win rate from 100 trades. Also dont stick with a single exchange site
That kind of win rate is simply too high for most traders to obtain, and even if you could do this most likely the profits obtained from each trade will be very small, and if we add the fees and taxes you will need to pay I will be surprised if you were profitable at all, sometimes it is better to sacrifice some of that win rate in order for the profits of each one of your trades to be higher, but finding out the exact spot in which your win rate and your profits are at its highest is something difficult and it takes several trials before you get it right.