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Topic: Back to day trading with bitcoin - page 3. (Read 19283 times)

sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
April 19, 2019, 04:15:16 PM
Earning in cryptocurrency start with this forum. The first thought that come to my mind was to make some money out of nowhere like joining bounty campaign. Yet, I have tried and it does not compensate well for there are scam ICO projects and relatively will not give bounty rewards. Thus, the painful part started when I was not able to receive rewards. Yet, I never thought that I could like more on cryptocurrency and without the forum I could not learn how to do it.

For being a member of this forum, I have sought some things or ways on how to earn on cryptocurrency. I tried investing small scale and apparently it was a failure. However, I did not discourage instead it was a motivation to find ways and establish a strategy. I know there is no easy way to earn but as long as you have a good strategy, patience, timing and other factors will relatively help one to earn in the investment.

Unfortunately bitcoin now is not that volatile compared to BCH and Ripple so I have decided to take part on this crypto also aside from bitcoins. I have tried to day trade with it but for some reason I have to join with other cryptocurrency and do day trading.


Thanks again to this forum it was privileged for being here. I have learn my lessons!

Note: This thread is self moderated!
i learn a lot of lesson in crypto i invest in different ICO join different bounty
there are times that i loss some in my investment and didnt get paid in bounty
im really disapointed at that timea and stop but now i plan to start again
and put a mindset that even i failed again and again i know i will success in the future

full member
Activity: 812
Merit: 105
Buzz App - Spin wheel, farm rewards
April 19, 2019, 10:42:06 AM
trading bitcoin is currently very profitable because the price of bitcoin often rises and falls, we can buy bitcoin when the price decreases and gains a lot of profit when the price of bitcoin rises.
I also think that holding bitcoin at the moment is also profitable because the price of bitcoin on the crypto market is increasing, I'm very sure the price of bitcoin can be very expensive.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 19, 2019, 08:01:11 AM
Which good site can I trade bitcoin?

Binance will be a good choice because you don't have to fill KYC. But if you are no problem to fills KYC, then you can increase your level in binance, and you can also register in poloniex, and bittrex. I think kucoin will also a good site to trade bitcoin.

But before you deposit, make sure you already choose which exchanges you want to use for day trading and don't forget that you need to have basics skills in trading.
full member
Activity: 350
Merit: 100
April 19, 2019, 07:33:53 AM
You're right. The problem with bounty campaign is that there is a possibility that the bounty you are joining is a scam and it happens to me. That is why I try to analyze if the bounty is a legit one but sometimes, you cannot really predict it, that is why I also do short trading. Even though it is not that profitable compare to long trading, at least I am earning.
This same scam also happens to me too
Now I am very careful about every single thing it's really hurt when you are doing everything sincerely and it gone on the happen of scam or spam
That's right. It really breaks my heart knowing that there are these kind of person who do these scams for the sake of their personal interest. Try trading though just like what I have also done. Find the best site which has a good speed and no currency risk, learn trading, study it. Make sure that you understand it well before you start so that you wouldn't make mistake. It is so that you wouldn't really much on bounties alone and have another source of income.
newbie
Activity: 3
Merit: 0
April 19, 2019, 07:05:41 AM
Which good site can I trade bitcoin?
jr. member
Activity: 90
Merit: 1
April 19, 2019, 06:59:25 AM
You're right. The problem with bounty campaign is that there is a possibility that the bounty you are joining is a scam and it happens to me. That is why I try to analyze if the bounty is a legit one but sometimes, you cannot really predict it, that is why I also do short trading. Even though it is not that profitable compare to long trading, at least I am earning.
This same scam also happens to me too
Now I am very careful about every single thing it's really hurt when you are doing everything sincerely and it gone on the happen of scam or spam
jr. member
Activity: 90
Merit: 1
April 19, 2019, 06:57:25 AM
Of course even can do anything be it a holder or day trading.

But I hope that before you day trade, at least calculate your risk, because we all know that day trading is very difficult if you don't know what you're doing and you may end up on the negative side, just saying, so goodluck to you.
Yes this is actually the point no one knows that what will happen everything is very risky that's why we need to think before we do
full member
Activity: 350
Merit: 100
April 19, 2019, 06:24:57 AM
You're right. The problem with bounty campaign is that there is a possibility that the bounty you are joining is a scam and it happens to me. That is why I try to analyze if the bounty is a legit one but sometimes, you cannot really predict it, that is why I also do short trading. Even though it is not that profitable compare to long trading, at least I am earning.
full member
Activity: 672
Merit: 105
April 11, 2019, 10:48:32 AM
It is a good idea when we trade and also invest in Bitcoin, because both of these things require great coins as well as strong, and from all these categories are in Bitcoin. For now trying to make long-term investments will be better than short-term investments.
jr. member
Activity: 333
Merit: 1
Security and Privacy Features on the Blockchain
April 11, 2019, 06:49:08 AM
Of course even can do anything be it a holder or day trading.

But I hope that before you day trade, at least calculate your risk, because we all know that day trading is very difficult if you don't know what you're doing and you may end up on the negative side, just saying, so goodluck to you.
Absolutely you are right that day trading is a very difficult especially for new traders. If they have not much control on their emotions and risk management then they can't get any profits.       
jr. member
Activity: 314
Merit: 6
April 11, 2019, 03:52:32 AM
Bitcoin's RSI parameter shows overbought conditions, which could result in a price drop. Read this technical analysis article to learn more:

https://coincodex.com/article/3396/bitcoin-price-analysis-btc-breaches-618-fibonacci-retracement-level-rsi-shows-overbought-conditions/
hero member
Activity: 2506
Merit: 644
Eloncoin.org - Mars, here we come!
April 11, 2019, 12:38:47 AM
This kind of situation is indeed suitable for daily trading, but that doesn't mean that in the long term it doesn't have the chance to gain profit, it certainly still be there.
Well lucky for those of us who are already in this forum, we can get to know more things and conclude a lot of things related to the development of the world of cryptocurrency, especially bitcoin along with some decent efforts to do.

Yeah, we are luckily persons, that we have spend time in this forum that's why we can guess about the bitcoin movement and also our time which we have spend with crypto now they have make us that we could do trading, because in trading experience is matter and our experience make us to gain profit.
sr. member
Activity: 924
Merit: 255
April 11, 2019, 12:32:28 AM
This kind of situation is indeed suitable for daily trading, but that doesn't mean that in the long term it doesn't have the chance to gain profit, it certainly still be there.
Well lucky for those of us who are already in this forum, we can get to know more things and conclude a lot of things related to the development of the world of cryptocurrency, especially bitcoin along with some decent efforts to do.
member
Activity: 518
Merit: 21
April 11, 2019, 12:27:05 AM
This time the price rallying of bitcoin keeps moving forward. Now it has crossed the $5400 and can expect to reach the $5500 price barrier. The market situation is good for trading as there is regular price increase with correspondence to the increasing adoption level.
Yes you are right but I do not trade when market is rising or increasing it will just leave me losing my coins or holdings. I traded when there is a moment of selling bitcoins in the market right after a pump up. So, I traded carefully and does not take all the coins in the wallet. Just a small amount if not necessary. Trading decisions will be basing on market and its market price movement.
sr. member
Activity: 2828
Merit: 344
win lambo...
April 11, 2019, 12:17:13 AM
Similar situation for me. I have resumed my day tradig with bitcoin got of it for a while to finish a demanding film project. I must say it feels a lil bit different coming back to this forum site and see how it feels like nothing stopped.
It's a big restoration happen early this year where we can see stability of the market demand and could triggered for price hikes. It for sure, many investors will turn back investing crypto again and so trading scheme as well. As this works,  we could expect more buying demand as possible.
sr. member
Activity: 1330
Merit: 291
April 10, 2019, 05:05:34 PM
Day trading is a very nice idea but you have to knowledgeable enough so that you will not loose your money at the end of the day dude. I will not advise you to participate in bounty at the moment since you yourself has confirmed that many of the project are scam project which will not pay all the bounty Hunters at the of the bounty.
jr. member
Activity: 139
Merit: 1
April 10, 2019, 04:22:31 PM
Currently now we can see that bitcoin volatility is minimal and a lot of people have resumed back to buying and trading if bitcoin and other crypto. Now there is no FUD or any negative news that can affect the market . So everyone is just trying to position theirself so they won’t miss out from any bull run.
hero member
Activity: 2968
Merit: 605
April 10, 2019, 04:03:06 PM
at the moment all the other options to earn btc and altcoin (investments/bounty) are not so safe because of the too fluctuating market, i believe the only option that can still bring some profit is trading and in particular the day trading...
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
April 10, 2019, 03:58:45 PM
This time the price rallying of bitcoin keeps moving forward. Now it has crossed the $5400 and can expect to reach the $5500 price barrier. The market situation is good for trading as there is regular price increase with correspondence to the increasing adoption level.
legendary
Activity: 1904
Merit: 1000
April 10, 2019, 03:25:15 PM
You can back to day trading with bitcoin if you have much money because you can take profit it every day, bitcoin have speculative price every time where bitcoin some time in higher and some time in lower.

Day trading will need us to update in regards with crypto news regularly and it will be fit for those who have more free time or for those who dedicated their time just to do trading. The amount of the capital we use, it is relative and if we have the huge one, it will be better since we can get good return quickly of course with all the risks that exist.
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