Crypto trading inquiry

mohdqasim

mohdqasim

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Is it possible to engage in cryptocurrency trading with a $2000 investment, with a goal of making a consistent and safe daily profit of 1%? If so, could you provide guidance on how to do this? I have prior experience using Binance and have conducted many p2p transactions, so I am familiar with the Binance platform. thank you
 
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RealLikes24 said:
Millions of people try this every year and 99.97% fail.
Yes, theoretically it is possible but it is very likely that you will fail.
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How about only %0.5 profit? Is there still a high chance of failing?
 
Daily 1% profit means you going to get 22% monthly which is a 264% return yearly. Dear, this is only a dream to get this much return via trading. Even the world's greatest and richest investors also get 18-24% annual returns. Invest carefully.
 
mohdqasim said:
How about only %0.5 profit? Is there still a high chance of failing?
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Don't focus on daily profits. Do 2-10 trades per year and focus on the big moves, then you have a much higher chance of being successful.
 
liveforseo said:
Daily 1% profit means you going to get 22% monthly which is a 264% return yearly. Dear, this is only a dream to get this much return via trading. Even the world's greatest and richest investors also get 18-24% annual returns. Invest carefully.
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what am asking about is not a dream at all, many individuals are making daily earning profits that far exceed this percentage (%1)
 
RealLikes24 said:
Don't focus on daily profits. Do 2-10 trades per year and focus on the big moves, then you have a much higher chance of being successful.
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Perhaps I didn't phrase my question correctly. What I meant is engaging in daily trading, such as arbitrage, rather than making a few trades per year.
 
What I've learned over the years is that if you want to make consistent money in crypto is to learn technical analysis. I can't promise 1% a day but I've been making quite a lot of money on the side by learning the basics of TA.

The only problem I found with TA is that most people have 0 clue what they're talking about so finding a group of people that are good at it is probably the hardest part. But once you find them TA will consistently bring you in a decent amount of money.

That being said, there will be a lot of x100 or more tokens this coming bull season. 1% a day or 10000% increase over a period of a year are both very good results. One is more likely than the other.
 
First, If i could find a 100% safe method with daily 0.01% return, i'll be richest man in the world.
Second, If i know this method, i'll borrow money from everyone and even from you rather than telling anyone, right?
Third, trading is risky, investment is risky, gambling is risky. You're not the first person asking this question. be realistic.
 
trippyroad said:
What I've learned over the years is that if you want to make consistent money in crypto is to learn technical analysis. I can't promise 1% a day but I've been making quite a lot of money on the side by learning the basics of TA.

The only problem I found with TA is that most people have 0 clue what they're talking about so finding a group of people that are good at it is probably the hardest part. But once you find them TA will consistently bring you in a decent amount of money.

That being said, there will be a lot of x100 or more tokens this coming bull season. 1% a day or 10000% increase over a period of a year are both very good results. One is more likely than the other.
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I just finished a top course on TA. for anyone interested you can find him on twitter or tg: koroushakcrypto

his course has helped me a lot in establishing a foundation on TA.
 
marzbarz said:
I just finished a top course on TA. for anyone interested you can find him on twitter or tg: koroushakcrypto

his course has helped me a lot in establishing a foundation on TA.
Click to expand...
Carolinakeith_1 on youtube has a free step by step course on youtube with everything you need to know as well. Over the years he's definitely been the one to make it easy to understand for me. Forever grateful for his knowledge.
 
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