A lot of people I've seen on here and other platforms in crypto have a goal of hitting $100 in fiat money to be made per day from crypto alone. I mean when you think about it if you're working a normal factory job or warehouse then $100 a day would fully replace your income giving you the freedom to live the life you are now with only doing some work in the crypto space from anywhere with internet access.

While markets move up and down it's often a challenge to make $100 a day in crypto when altcoins are down and the general state of the entire crypto economy is down like it has been for the last few years.

With things starting to move however it will only become easier. But in there is the trick to it all. If you can make $100 a day in the off depressed season then when it turns bull market time you're $100 a day should easily become $300 a day or more like a big fat bonus check or a way to further stack and build to $200 a day in the off season again.

Social

Of all the social platforms to earn from for crypto I'm still going to hand it off to Hive. It's legit the only platform I've found that actully has any type of substantial revenue to be earned. I've tried legit 20 or so of them and they either close up shop, are worth less than 1 cent or are just so complicated to use and get started with that you just don't bother.

That's also the brainpower of this all. I personally think it's better to have less tokens than more so that a single token at least carries some weight like $1. It just makes it feel more substantial to own instead of 100,000 tokens for $1.

If you're not already I would highly recommend joining Hive/Inleo Join InLeo here

Trading

Leverage is the name of the game when it comes to trading crypto. While this can be a way to generate revenue or help you get to that point it's very high risk and you're most likely going to lose money instead of make it.

Leverage is getting access to more capital than what you have. For example taking $1,000 and getting 5x it so you now have $5,000 capital to work with.

This is often done through betting on if assets will go up or down. Most early to investing will often try to trade on news events but for most cases this is a mistake being that when news breaks even if it's positive the market often falls before rallying behind it as it's already been factored in.

A key factor to always keep in mind.

Don't be focused on making $100 a day when it comes to trading. Instead focus on the key fundamental of how can I make the most amount of return on my investment with the least amount of risk.

While trading is great I do believe soon there will be a way to make $100 a day through social. Some people are already doing it and in some cases making thousands a day. However for a vast majority of people that's simply note going to happen at the moment or would require so much risk and investment that it wouldn't justify it.

Are you currently making $100 a day in crypto? If so what does your mix look like?

Posted Using InLeo Alpha