๐ฐ What capital do you need to live off trading?
There is no magical amount of capital. It mostly depends on your monthly expenses and your actual performance.
๐ Example with a reasonable target of 3% per month:
โข 1 000 $ โ 30 $/month
โข 5 000 $ โ 150 $/month
โข 10 000 $ โ 300 $/month
โข 30 000 $ โ 900 $/month
โข 50 000 $ โ 1 500 $/month
โข 100 000 $ โ 3 000 $/month
๐ฏ To aim for 2,000 $/month, youโd need about 66 700 $ at 3% monthly.
โ ๏ธ But beware: 3% per month is never guaranteed. Trading involves losses and significant risks.
๐ The real goal isnโt to have a huge capital, but to survive long enough to become consistently profitable.
#BTC #Trading #USIranTradeTankerStrikesEscalate #IMFSaysElSalvadorBTCNoPublicFunds
There is no magical amount of capital. It mostly depends on your monthly expenses and your actual performance.
๐ Example with a reasonable target of 3% per month:
โข 1 000 $ โ 30 $/month
โข 5 000 $ โ 150 $/month
โข 10 000 $ โ 300 $/month
โข 30 000 $ โ 900 $/month
โข 50 000 $ โ 1 500 $/month
โข 100 000 $ โ 3 000 $/month
๐ฏ To aim for 2,000 $/month, youโd need about 66 700 $ at 3% monthly.
โ ๏ธ But beware: 3% per month is never guaranteed. Trading involves losses and significant risks.
๐ The real goal isnโt to have a huge capital, but to survive long enough to become consistently profitable.
#BTC #Trading #USIranTradeTankerStrikesEscalate #IMFSaysElSalvadorBTCNoPublicFunds
