I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.
Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?
You have to really test different strategies until you come up with the one that is really effective.
Yes, it's possible to earn $50 - $500 every day with spot trading but pushing on that might give you a worst result because you are being aggressive.
Try to make your trading without stress. Regardless of the profit per day, just do day trading without pressuring yourself.