Can you earn on crypto every day - yes, you can.
I constantly read, study others' experiences, and try in practice with real money. And then, one day I set myself the goal of turning $10 into $100 in one day.
The starting amount of $10 is not accidental. There is an understanding that such an amount will have to be divided into smaller pieces, which means the exchange fees will be like 'sticks in the wheels'. In general, it's just right for testing.
Then the process of selecting coins began. One list of coins going down, another list of coins going up.
I traded everything at once. Futures long/short. When the balance grew to $50, I added spot trading.
I worried and stressed over every deal. As if my entire annual income was at stake. There were moments when there were 10 deals on futures + three deals on the spot at once.
By the way, the strategy helped a lot when you buy on the spot and open a short futures position in that coin. The main thing is to calculate the proportions correctly, so the stop-loss is not so painful.
Results: the goal was achieved, even more. From $10 to $112. I didn't track the time. But it definitely took at least 4 hours.
Morally, I was 'squeezed like a lemon'. I learned the lesson that to trade on the exchange, you need to be without emotions, completely cool-headed and indifferent. Otherwise, health will quickly go on vacation.
I am not particularly strong in technical analysis. I roughly identified resistance and support levels. TP from 3% to 5%. SL from 1% to 3%. TP/SL were different in reality, depending on the coin, the situation, etc. But I always set the initial proportion standard for everyone.
I don't know how professional traders withstand this morally. I assume that over time, this state of lack of emotions comes.
It is possible to earn on the stock exchange. But I realized that I am not ready to spend at least 4 hours every day in such an active pace.
It came to the understanding that the larger the trading balance, the fewer deals you can make.
Trading is an interesting thing. I just need to figure out my trading balance 😉
Hodlers, take care of yourselves! Winter is over, let's grow new fur for the next season 😀