Can you make a living day trading Crypto? If you want to know if it’s possible to make a living trading cryptocurrencies, the answer is easy: Yes, it is absolutely possible. More than that, there are a lot of guys making an excellent living by crypto trading.
What is the average salary of a day trader? Average Salary for a Day Trader
Day Traders in America make an average salary of $118,912 per year or $57 per hour. The top 10 percent makes over $195,000 per year, while the bottom 10 percent under $72,000 per year.
Can you make 100k a year day trading? Starting Capital of 100k – 250k
Average Day Trader Salary = 20% annual return. This breaks down to 20k to 50k for an annual salary. Above Average Day Trader Salary = 50% annual return. This breaks down to 50k to 125k.
Why do most day traders fail? Traders often fail because they do not take trading seriously enough. Most inexperienced traders seek get-rich-quick methods and do not adequately prepare how they would approach the market. In reality, some inexperienced traders are gambling without even realizing it.