Can you live off of day trading crypto?

Can you live off of day trading crypto?

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no

Yes

you will owe the irs more than you end up with.

no

$200 of daily profit would be more than enough for me. Surely that’s not an impossible task?

If you have to ask then no

I may lose my job soon, that’s why I’m asking. I’ve been in crypto since 2019 but haven’t traded much.

If your a mathematics genius like Chinese wizards then yes it's easy. For whites they'll just lose money and complain on biz.

Learn about resistance levels and you can make it, you've got to optimize so you can potentially have as few losses as possible...that's what people seem to forget

Depends on your capital
I've got 4.5k myself and i easily make 40-130 daily
am a 3rd worlder tho so no taxes to pay here tho

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Are you under 35?
Get a new job.
Hold the crypto you have longterm.
Live cheap.
Convert all extra fiat to crypto.

It's an employees market, get another job while it's in your favour and dick around with trading on the side

not unless you have 250k to play with (2% of that each trade)

I live in a commie shithole, jobs are extremely hard to get especially right now

I wish I could personally kick the shit out of every obvious larper that comes here.

Maren Altman does it, but she also sells astrology wu wu charts so she has that to fall back on.

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What? im not larping why the fuck would i larp with 4.5k as my capital?

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I'd still do what I suggested, as opposed to day trading crypto.
You're much better off converting fiat to crypto from an established system, as fucked up as your locality is.
Get a side hustle.
Do online gigs.
Deliver food.
Become a money lender.
Fix computers and cell phones.
Pay bums to bring you copper and wiring.

Maybe if you start out with a million.

funny cause I trade with like 20k, what's your strategy if you don't mind me asking? if you can make 40-130 for 4k I don't see why I couldn't make more with 20k

Yes, don't be a cowardly faggot and use moderate leverage, like 3-5x. I don't know what all these losers bitching about how "impossible" it is to make money on crypto futures are talking about, literally the easiest shit in the world.