Earning 1% profit each day in cryptocurrency trading may not seem like a lot, but it can add up to significant gains over time. In a week, that's a 7% return on investment (ROI). In a month, that's a 28-30% ROI. And in a year, that's a 365% ROI!
This means that if you start with a trading capital of £1000 and earn 1% profit each day, you will have £1010 after the first day, £1020 after the second day, and so on. By the end of the week, you will have £1070, and by the end of the month, you will have £1280-£1300.
Now lets say we started with £10k ...
you will have £10,100 after the first day, £10,200 after the second day, and so on. By the end of the week, you will have £10,700, and by the end of the month, you will have £12,800-£13,000.
£3000 in profit a month is an above average salary for most, so essentially a second full time income.
At the time of writing this the following Crypto's have had more than a 1% price change within the hour , so the 1% is achievable in minutes if your willing to put the time in.
Of course, cryptocurrency trading is volatile, and there is no guarantee that you will make 1% profit each day. However, if you are willing to learn and have a sound trading strategy and a thought-out exit plan, it is possible to achieve consistent profits over time.
How to achieve 1% daily profit in cryptocurrency trading
There is no one-size-fits-all answer to this question, as the best way to achieve 1% daily profit in cryptocurrency trading will vary depending on your individual trading style and risk tolerance. However, here are some general tips:
Benefits of earning 1% daily profit in cryptocurrency trading
There are many benefits to earning 1% daily profit in cryptocurrency trading, including:
Risks of cryptocurrency trading
Cryptocurrency trading is a risky activity, and there is no guarantee that you will make money. Some of the risks involved include:
Recommended next reads
Conclusion
Earning 1% profit each day in cryptocurrency trading is a challenging but achievable goal. If you are a skilled trader and have a sound trading strategy, it is possible to achieve consistent profits over time.
However, it is important to remember that cryptocurrency trading is risky, and you should never invest more money than you can afford to lose. Do your research, develop a trading strategy, and control your emotions. With time and practice, you may be able to achieve your financial goals through cryptocurrency trading.
Views are my own and not necessarily that of my network or employer, this is not financial advice, please consult a registered financial advisor before investing