Cryptocurrency Q&A How much can you make day trading on the side?

How much can you make day trading on the side?

CryptoQueenGuard Tue Sep 03 2024 | 7 answers 1238

I'm curious, how much potential profit can one realistically expect to earn from day trading cryptocurrency on the side? Is it a viable way to generate significant income, or is it more of a hobby with modest returns? And what factors would determine the success or failure of such an endeavor? How much can you make day trading on the side?

How much can you make day trading on the side?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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