Post
Topic
Board Trading Discussion
Re: Do you have any methods to do it?
by
dunfida
on 30/08/2023, 20:45:17 UTC
Based on your statement you've already got experience and in spot trading with large profits, $100 is not enough to catch up with those target demands, instead at least almost 500 to 1000$ just to manage the number of profits you want but with this price movement I guess you just need to keep aware with the market price currently the bitcoin is just sitting around of 26-30k USD now unlike before trying to break the 33-35k USD price. If you want to trade I guess 4H time frame is suitable for you and not into a 1D or 24H price movement.
If he did, why would he create the thread? The experience he have is not in trading but it was investing and the profit he got here is only decent. Decent doesn't always mean large, so 100 dollars might be a good amount for him.

This isn't only about the money but he said that he want to try something new. Don't demand large amounts for now because like I said earlier, he is still a newbie on it. In trading or investing, it is important to be aware about the price action. BTC price might be lower than last time but as long as volatility is still there, it is still possible for us to earn a profit on it. Also, BTC can recover and it can exceed $33k-$35k later on.
There is a big difference between trading and investing which people need to understand although we can make quick profits from trading if we know what we are doing. Investing is all about choosing the right coin project and using you money to buy the coin waiting for when it will be launched before you can take you money from it.

Those would under more about tracing would see that it is very different from each other. You can make quick profits from investment if you put you money in a good promising project and waiting for when the market is going to appreciate before selling the holding.
Trading or investing, it would really be sharing up with the same goal or target on which on how to make profits or make money.It do really varies or differ when it comes on how its been done but in overall it is really just that the same. If we so speak about getting that $50-$100 a day then it is really that something that would really be easy specially if you do have that small capital but if you have bigger then for sure you would definitely be seeing this as peanuts but of course using up that bigger capital would really be putting you up on so much risks that you wont really be that even able to avoid on total wreck or huge negatives on the time that
the market would really be opposing basing up on what you had predicted or assuming out. Methods and ways could really vary on each individual on which it would really be just that right that you should really
be needing to adjust and make yourself stick on ways or methods on which you do seem that you could really be able to do so.