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How To Make Money With Crypto Daily? - Investment - Nairaland

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How To Make Money With Crypto Daily? by Medvic: 6:42pm On Jul 29, 2022
There are different strategies one can use to make money from Cryptocurrency on a daily basis, depending on you capital and strategies employed.

Unbelievable as it may seem, some people profit significantly by purchasing and selling cryptocurrencies as their value fluctuates throughout the day. These individuals are known as day traders, and how they operate is as follows: Assume a cryptocurrency now costs $1,000.

It has the potential to increase to $1,050 or decrease to $980 in the coming minutes or hours. You can benefit from the difference because this kind of pricing fluctuation occurs continuously throughout the day. A day trader may purchase the cryptocurrency at $980, hold onto it until it reaches $1000, and then sell it, making $20 in profit. The money will eventually add up.

There's also Arbitrage trading, where you buy low from an exchange and sell high on other exchange, there are other strategies[https://blog.quidax.com/how-to-make-money-from-crypto/amp/] one can use to make this money on a daily basis, also note that this will mean you would have to be monitoring your portfolio every time, as the time frame for a day trade is 24 hours.

As a Crypto trader, it's very important that one keeps up with the news and know about opportunities that lurks in the market, to effectively get this would mean follow crypto accounts on Twitter, Facebook, telegram[https:///QuidaxGlobal] and other social media that talks about crypto.
Re: How To Make Money With Crypto Daily? by Thomthom(m): 10:17pm On Aug 28, 2022
Medvic:
There are different strategies one can use to make money from Cryptocurrency on a daily basis, depending on you capital and strategies employed.

Unbelievable as it may seem, some people profit significantly by purchasing and selling cryptocurrencies as their value fluctuates throughout the day. These individuals are known as day traders, and how they operate is as follows: Assume a cryptocurrency now costs $1,000.

It has the potential to increase to $1,050 or decrease to $980 in the coming minutes or hours. You can benefit from the difference because this kind of pricing fluctuation occurs continuously throughout the day. A day trader may purchase the cryptocurrency at $980, hold onto it until it reaches $1000, and then sell it, making $20 in profit. The money will eventually add up.

There's also Arbitrage trading, where you buy low from an exchange and sell high on other exchange, there are other strategies[https://blog.quidax.com/how-to-make-money-from-crypto/amp/] one can use to make this money on a daily basis, also note that this will mean you would have to be monitoring your portfolio every time, as the time frame for a day trade is 24 hours.

As a Crypto trader, it's very important that one keeps up with the news and know about opportunities that lurks in the market, to effectively get this would mean follow crypto accounts on Twitter, Facebook, telegram[https:///QuidaxGlobal] and other social media that talks about crypto.
pls can I pay for crypto directly from my bank account without CBN and bank issues.

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