Hi everyone, I would like to ask a very simple question on how to start on crypto if that is what it is called. The idea for me is in hopes I can just earn here and there mainly to help with monthly expenses. Not looking to invest like 5 figures but more of like 3 to 4 figure ranges to create that monthly recurring for my expenses.
Dependent on cryptocurrency has become very difficult to define life nowadays. Because cryptocurrency is currently in a very bad moment. So we have to find some other means to sustain life. You can learn to work in crypto currencies as well as gain knowledge about trading on trading platforms.If you can gain experience from the trading platform, you can earn something from cryptocurrency. Also, there are some additional tasks that you can learn and keep that will help you in the future.
in a situation like this it is indeed very difficult to get a monthly profit that can cover monthly needs.
because the current situation is bearish and if you are not careful, even the losses you get are not profits.
but if you have expertise in day trading, it will be better to make profit from crypto to get monthly income without having to invest long term
With the current bearish season we are experiencing in the market price day trading is just the best option to fall on for someone with the intention of monthly stipends from cryptocurrency but this would actually be needing a person with good expertise in crypto trading in doing so else one might even lose their capital from first start. I would have said you buy and hodl but for someone that intend meeting monthly expenses that won't work out.
Give yourself to learning basics of daily trading and get yourself acquainted, if you can be making even a $5 profit per day accumulating it for 30 days, you can do the maths. Just keep away from greed.