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How Much Money Is It Possible To Make Per Day By Trading $100 Worth Of Crypto?

  • Thread starter Thread starter Good-Person
  • Start date Start date
Making profit from crypto trading is not certain.
You can end up losing all the $100 before the end of the day if you don't trade wisely.
Profit is made through market volatility.
If the price keeps going up say 💯 then your $100 can turn to $1000, but if it falls, then you lose
 
Making $1000 in crypto really depends on your ability on it, to trade on crypto you have to have more experience about it, so to make good money from it.
 
You have talked about something that I would really like to do. I would really love to learn this cryptocurrency trading skills. So I am taking my time now watching and reading tutorials while I save money that I will use to invest there.
 
Well this just a piece of contribution,i just want you to know it's value is not certain,so there for the profit you will get as well is not certain,and its also depend on the crypto currency you are investing in
 
You had invested this amount in Shiba Inu in the last forty eight hours, it's possible that you could've made over fifty percent of your invested money. But the issue is that, everyday isn't always that favourable
 
It depends on what currency you have invested. If you traded shib inu yesterday, you would have made 14 percent profits when you sold your assets today. However, if you had bough ADA yesterday, you would have made loss today.
 
Good-Person said:
I am planning to invest $100 this month and I will be trading cryptocurrencies. I will be trying to minimize the risk by using various kinds of effective crypto trading strategies and risk management techniques in order to minimize the risk and loss. I will also be watching many tutorials about how to predict the price of cryptocurrencies and how to study the crypto market in the right way. I will do this all before I invest $100 because it is better to learn before you earn. :) Inshallah, by the will of Allah, I will be successful. However, I am not sure how much money I will be making if every thing goes the way I want things to go.
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It's a good amount to start with. I would recommend that you follow Emperorbtc on Twitter and Telegram and download his free stuff. Also, if you're on Nairaland, look for a guy called Jedisco and study what he has.
 
Good-Person said:
I am planning to invest $100 this month and I will be trading cryptocurrencies. I will be trying to minimize the risk by using various kinds of effective crypto trading strategies and risk management techniques in order to minimize the risk and loss. I will also be watching many tutorials about how to predict the price of cryptocurrencies and how to study the crypto market in the right way. I will do this all before I invest $100 because it is better to learn before you earn. :) Inshallah, by the will of Allah, I will be successful. However, I am not sure how much money I will be making if every thing goes the way I want things to go.
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You should be thinking of making 100% of your investment every month, this will guide you on how much you should be making every trade you are entering because if you're going with the mind of making so much you will even lose all your money.
 
I really like your attitude, learning is indeed very important and it's great that you are mindful about risk management. It's hard to say how much returns you can expect because that depends on a lot of factors such as how much you trade and what strategy you use. Generally speaking, most people who trade less intensely make 1-2% a month and more "aggressive" traders can earn about 3-4% per month. It doesn't sound like much but don't let that discourage you, profits add up and the percentages will grow if you look at the yearly returns.
 
When it come to trading crypto, how much money you have invested matters, but more than that where you have invested matters. If the crypto you have invested does not gain value, you cannot profit.
 
Dora Wi said:
I really like your attitude, learning is indeed very important and it's great that you are mindful about risk management. It's hard to say how much returns you can expect because that depends on a lot of factors such as how much you trade and what strategy you use. Generally speaking, most people who trade less intensely make 1-2% a month and more "aggressive" traders can earn about 3-4% per month. It doesn't sound like much but don't let that discourage you, profits add up and the percentages will grow if you look at the yearly returns.
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I made a loss of $10 in a single day by trading. Whenever I buy coins, the coin rarely goes up and mostly it fluctuates in value and I think I would need to change my trading strategy. I am still trying to recover the loss by trading again. :(
 
You have really hit the nail on the head. The best thing to do before trading cryptocurrency is to learn first. I discovered that many fail because they are not ready to trade but they forcibly traded and it often result in a fatal loss for them. This is the reason why I always preach learning first.
 
Reedex said:
You have really hit the nail on the head. The best thing to do before trading cryptocurrency is to learn first. I discovered that many fail because they are not ready to trade but they forcibly traded and it often result in a fatal loss for them. This is the reason why I always preach learning first.
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Yes, I think I stepped into the world of cryptocurrency without learning anything and this is why I made a mistake and suffered from loss as a result. However, crpto is totally unpredictable and this means that even expert traders can make losses. Recently, the market fell down and the prices fluctuated a lot.
 
It really depends on how much money you put in and how attentive and knowledgeable you are about bitcoin trading. You could make back up to 20% of your investment in a single day if you're careful, and some days you might earn even less.
 
Well my sincere advice is that you learn more from the tutorial first so that it will be a guidance for your crytocurrency trading. And however might the crytocurrency trading platform you wanna use so that thing will get easier for you. The fact is that no one can predict the certain amount you can earn on a $100.
 
I'm not sure that target is realistic - I mean $1000 from $100? Except if there's a great upsurge which rarely happens. With that amount of capital, setting a target of $5-10 daily is enough and then scaling can be done from there.
 
It obviously depends on your trading knowledge ,how you know how to trade , because some professional could get double of that amount you invested in a day or two
 
$100 sounds like the least money you start with unless you are trading a naira account. Still, you have to be very careful. Trading is not easy at all. I have lost more than $100 trading binary. Forex and crypto at much easier
 
The truth is you can make as much money as possible with that but it depends on the what you trading on the timezone, your skills and knowledge alongside understanding
 
Kingstone said:
$100 sounds like the least money you start with unless you are trading a naira account. Still, you have to be very careful. Trading is not easy at all. I have lost more than $100 trading binary. Forex and crypto at much easier
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And I am planning to have a naira account currently where I can place trades and withdraw in naira. You never can tell if I will be making more but I am starting with less than $100. It is too risky
 
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