What a hassle this $100 a day thing is! They sell it as if it's a piece of cake, but let me tell you about my personal experience with this financial rollercoaster.
Why $100 a day?
Many of us dream of that constant income. It's about $3,000 a month, enough to supplement your salary or even live off it eventually.
But let's be honest: it's possible, but a real nightmare at the beginning. I've spent a lot of effort ( and quite a bit of money ) learning this.
What You REALLY Need Before You Start
Look, don't fool yourself like I did at the beginning:
Initial capital: With less than €1,000-5,000 you are going to suffer a lot.
A platform that won't scam you: Not all are the same and some have fees that drain you.
Risk management: I lost €600 in my first week for not respecting the 2% limit per trade.
Clear strategy: If you go in blind, you'll end up like me, regretting.
Methods That Could Help You Earn $100 Daily
Daily Trading
I do it often and it's exhausting. You buy and sell on the same day trying to take advantage of small movements.
If you have €5,000 and you get 2%, that's already your €100. But be careful, many days you will end up in the negative and you will want to throw the computer out of the window.
Scalping
Do you like stress? Then make dozens of tiny trades a day. I tried it for a month and almost had a heart attack.
You need to stick to the screen as if your life depended on it. Literally.
Swing Trading
My favorite. You hold positions for several days or weeks. Less stress, but you also need patience.
Real example: I bought SOL at $160 and sold at $180. With 5x leverage, that €20 difference gave me a €500 profit on a €2,000 position.
Trading with leverage (! caution! )
I have seen friends lose all their money with this. It's like playing with fire while bathing in gasoline.
A 2% movement with 5x leverage gives you a 10% profit... or loss. My advice: don't touch it until you fully understand what you are doing.
A typical day looking for that 100€
With €2,500 in capital, you need a 4% daily:
Operation 1: +1.5% → 37.50€
Operation 2: +1.2% → 30€
Operation 3: +1.3% → 32.50€
Total: 100€... on a perfect day. But believe me, many days are not.
The inconvenient truth
There will be good days and horrible days. The other day I lost 200€ in a terrible trade. This business can be brutal.
With strategy and iron discipline, small victories accumulate. But forget about easy money. I've seen too many people burn their savings thinking this is like printing money.
Final words
Earning 100€ daily is possible, but treat it as a serious business, not a lottery. Study like crazy, practice, and protect your money above all.
Are you ready for the challenge? Because I still have nightmares about some failed trades.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
How to Make $100 Daily in Cryptocurrencies – A Realistic Guide
What a hassle this $100 a day thing is! They sell it as if it's a piece of cake, but let me tell you about my personal experience with this financial rollercoaster.
Why $100 a day?
Many of us dream of that constant income. It's about $3,000 a month, enough to supplement your salary or even live off it eventually.
But let's be honest: it's possible, but a real nightmare at the beginning. I've spent a lot of effort ( and quite a bit of money ) learning this.
What You REALLY Need Before You Start
Look, don't fool yourself like I did at the beginning:
Methods That Could Help You Earn $100 Daily
Daily Trading
I do it often and it's exhausting. You buy and sell on the same day trying to take advantage of small movements.
If you have €5,000 and you get 2%, that's already your €100. But be careful, many days you will end up in the negative and you will want to throw the computer out of the window.
Scalping
Do you like stress? Then make dozens of tiny trades a day. I tried it for a month and almost had a heart attack.
You need to stick to the screen as if your life depended on it. Literally.
Swing Trading
My favorite. You hold positions for several days or weeks. Less stress, but you also need patience.
Real example: I bought SOL at $160 and sold at $180. With 5x leverage, that €20 difference gave me a €500 profit on a €2,000 position.
Trading with leverage (! caution! )
I have seen friends lose all their money with this. It's like playing with fire while bathing in gasoline.
A 2% movement with 5x leverage gives you a 10% profit... or loss. My advice: don't touch it until you fully understand what you are doing.
A typical day looking for that 100€
With €2,500 in capital, you need a 4% daily:
Total: 100€... on a perfect day. But believe me, many days are not.
The inconvenient truth
There will be good days and horrible days. The other day I lost 200€ in a terrible trade. This business can be brutal.
With strategy and iron discipline, small victories accumulate. But forget about easy money. I've seen too many people burn their savings thinking this is like printing money.
Final words
Earning 100€ daily is possible, but treat it as a serious business, not a lottery. Study like crazy, practice, and protect your money above all.
Are you ready for the challenge? Because I still have nightmares about some failed trades.