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Best way to learning about blockchain & crypto knowledge for free here 16 questions

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Nicola Nicola Fri Mar 29 2024 | 7 answers 1595

How much money do you need to live off day trading?

I'm really interested in the idea of day trading cryptocurrencies as a means of income, but I'm not sure how much money I should start with. How much capital do you think is necessary to make a living from day trading?

How much money do you need to live off day trading?

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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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