Cryptocurrency Q&A
How much do day traders make per month?
How much do day traders make per month?
Tommaso
Wed Jul 03 2024
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7 answers
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I'm curious to know, as a professional practitioner in the field of cryptocurrency and finance, what kind of earnings can day traders realistically expect per month? Given the volatile nature of the crypto market and the risks involved in short-term trading, I understand that there's no set answer. However, could you provide a general range or average based on your experience and observations in the industry? I'm interested in understanding whether day trading in cryptocurrencies is a viable income source for those looking to pursue it full-time or as a supplemental income.
7 answers
CryptoPioneer
Fri Jul 05 2024
Cryptocurrency traders, including day traders, often command competitive salaries due to their proficiency in the volatile market.
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Chiara
Fri Jul 05 2024
The annual salary for top-earning day traders can exceed $185,000, indicating their ability to capitalize on market opportunities.
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CherryBlossomDancing
Fri Jul 05 2024
These high earners are typically rewarded with a monthly pay of around $15,416, reflecting their consistent trading performance.
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Margherita
Thu Jul 04 2024
Moving down the earnings spectrum, traders in the 75th percentile earn an annual salary of $105,500.
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Elena
Thu Jul 04 2024
This translates to a monthly income of approximately $8,791, still a respectable amount for those skilled in the field.
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