When it comes to trading crypto, the goal for many is to make $100 a day. But how much do you need to make that happen? The answer depends on the type of trading strategy you choose to pursue.
One option is to invest roughly $1000 and monitor a 10% increase solely on a single combination. This strategy is more reasonable when compared to spending $200 and then monitoring a 50% increase on the pairing. With this approach, it is possible to earn $100 every day in bitcoin.
However, it is important to note that the amount of money you need to invest to make $100 a day in crypto trading will vary depending on the market conditions. For example, if the market is volatile, you may need to invest more money to make the same amount of money. Additionally, if the market is stable, you may be able to make $100 a day with a smaller investment.
It is also important to remember that trading crypto is a risky endeavor. Even if you have a sound strategy, there is no guarantee that you will make money. Therefore, it is important to do your research and understand the risks associated with trading crypto before investing any money.
Finally, it is important to remember that trading crypto is not a get-rich-quick scheme. It takes time, dedication, and a lot of research to become successful. If you are willing to put in the work, you can make $100 a day trading crypto. But it is important to understand that it is not a guaranteed income and that you should only invest what you can afford to lose.