Quote from: Essential10 on March 31, 2024, 06:11:13 AM

Quote from: DVlog on August 09, 2023, 02:12:36 PM

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?

Since you have been in cryptocurrency for years and have a good understanding of the market. Since you have experience in cryptocurrencies, you know how risky trading is. Whether you can earn $50 to $100 per day with Spot trading will depend on your complete trading skills. I don't use trading method to increase investment, I hold investment in my crypto investment until profit is coming from it. If you choose trading to innovate in the field of investment, you need to be very patient, gain a lot of knowledge. I mean if you have extra money which you don't mind losing then with that amount you engage in trading.

Thus, trading everyday and earning even a minimum of $50 is very hard what more aiming to earn $100 a day, you can trade everyday yes, you can do day trading but remember you will not always have a win trade or gain profit from your trade, no matter how skillful or knowledgeable are you in trading you will still experience the lose trade, even experts in trading saying that trading is very hard as the currency or market is a very complex and volatile market, so anytime it can changes even you have an higher percentage of accuracy in your analysis or technical analysis everything could change because of the movements in the market youre trading, so maybe aim to atleast earn even small profit everyday, sont set a minimum profit because you will only end up chasing that and might experience more lose than profitable trade, anyway goodluck in your trading career, give some updates sometimes.