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Topic: Bitcoin Day Trade (Read 938 times)

member
Activity: 172
Merit: 11
December 04, 2017, 11:38:31 AM
#48
Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?

I did a few swing trades amongst all the extreme craziness where there were pretty much 10% swings every 30 minute candle, only making 2-3% each time but still overall I grew my funds by maybe 10-15% which was a nice result. It was very volatile though so it's not advisable for those who are not interested in taking any risks.
legendary
Activity: 1176
Merit: 1024
December 04, 2017, 09:57:08 AM
#47
Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?
At this point, day trading bitcoin is like taking the highest risk of all. I have rather just shifted my attention on alts for now since they have had a little correction and huge dip, I guess and that for me should be enough and less risky as they start having some huge boost up and down for now.

There is a huge uncertainty surrounding bitcoin right now as to which direction it is heading to, but the best is to just relax and see.
full member
Activity: 414
Merit: 100
December 03, 2017, 02:28:03 PM
#46
Day trading bitcoin is very dangerous with bitcoin I think.but now bitcoin price up and down very frequently it will can profit in daily basis.
hero member
Activity: 1008
Merit: 537
December 03, 2017, 01:28:47 PM
#45
Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?

I'm not day trader because I have bad experience and that's enough. Loss almost 40% from my money and make me really " panic ". I choose to use long time period ( week - month ), it's more safe and make me have plenty of time to rest. But if you're a brave trader I think you should take part because a lot opportunity to make money in this situation. Day trader is not my skill, so have a nice day to you.


Not only to you bro. Almost every person will had this bad experience in trading but you have to over come from that. You will find the good money in trading but you have to choose the right coin in your exchange account. If you invested in all the coins means also you will not get enough money as a profit. So for that you have to watch the price chart of every currency frequently. That will give better experience you will also can profit in daily basis.
sr. member
Activity: 392
Merit: 250
December 03, 2017, 01:21:20 PM
#44
Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?
I think that day trading would best suit altcoins and not bitcoin.Bu i think bitcoin price is surging high continuously and would not be profitable or day trading.To make profits in day trading,you should set a profit margin of low percentage since you are going to re invest and repeat the trading frequently within a day.
hero member
Activity: 1078
Merit: 514
December 03, 2017, 01:09:48 PM
#43
I would love to do it, but I don't have bitcoins at all, I invested all my little capital into altcoins which I just hold for now, cause of the price does not change too much as bitcoin's price. Bitcoin is perfect thing for daily trading, the price is changing so fast and so deep that you can earn good amount of money daily even with 1 BTC! Can't imagine what kind of profit do those people who own 10-100-1000 BTC! Shocked
newbie
Activity: 37
Merit: 0
December 03, 2017, 12:55:37 PM
#42
alt coin day trading makes much more sense not particularly bitcoin but thats just my personal opinion
sr. member
Activity: 1680
Merit: 259
December 03, 2017, 12:53:18 PM
#41
Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?

I'm not day trader because I have bad experience and that's enough. Loss almost 40% from my money and make me really " panic ". I choose to use long time period ( week - month ), it's more safe and make me have plenty of time to rest. But if you're a brave trader I think you should take part because a lot opportunity to make money in this situation. Day trader is not my skill, so have a nice day to you.
member
Activity: 182
Merit: 12
December 03, 2017, 10:30:12 AM
#40
Day trading takes a ton of time. I usually try and trade at night or during and hour or so. It just eats your time.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
December 03, 2017, 10:26:16 AM
#39
Not really, daytrading makes me all jumpy. I prefer doing good research and making a long-term investment
Lol, day trading is like one hell of a risky type of trading, and honestly, getting jumpy is even an understatement.
It is something my heart cannot even bear. Grin They would have stopped beating from the level of palpitations I would just keep having.

I am just very cool with position trading of alts for now and selling at a huge bull run for BTC and buying back at corrections. The patience is good enough for me, but day trading? Not my thing.
full member
Activity: 211
Merit: 100
December 03, 2017, 10:21:36 AM
#38
I lost 30% in a month of day trading, though I had been as high as +60% to original. A bad deal on TRIG. I'm not putting a lot into it, just enough to feel like it's real money.
I'd recommend first educating yourself and making yourself familiar with crypto markets pecularities (pump groups, market maniputlations, whale moves) before comitting any significant sum to it.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
December 03, 2017, 10:14:40 AM
#37
yes, because of the big upportunity and the rise of bitcoin because you also have a lot of money because it depends on your investment when I'm investing big money from you as long as you take care of it work so you earn a big deal because I did not notice you When you buy low and your sales high you can lose and beat the trading you are carrying.

Every coin has its own specialty. I don’t really think so that bitcoin is really a good choice if you are planning for short term investment or day trading. Bitcoin will give you what you are expecting from bitcoin only when you will go for long term investment or holding of bitcoin for quite a long period of time. Though you can earn some good amount of money by going with day trading but you need to go for something more profitable.
hero member
Activity: 882
Merit: 500
December 01, 2017, 08:24:55 PM
#36
Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?
No , I am.not doing any trading with these fluctuations of the price because this is risky for us because already the bitcoin price is increasing since one month , so here more chances are that it can dump rapidly or it become stable at a particular price , so that will not be better for my trading work of bitcoin price fluctuations .
And also here I am not doing trading with the altcoins Because due to unstabilities in the market of the bitcoin the price of the altcoins market dumping much , so I think it is more better for me to wait until the Market of the bitcoin get stable .
full member
Activity: 453
Merit: 101
RISE WITH RAYS FOR THE FUTURE
December 01, 2017, 08:57:57 AM
#35
Pumping and Dumping in Day Trading now especially with this fluctuation in Bitcoin price day in day out is somehow too risky for me personally because its very difficult to predict now. I am more of the opinion of holding on to my coins and allow the price stability at least, averagely before I continue to trade them.
full member
Activity: 952
Merit: 104
December 01, 2017, 08:31:16 AM
#34
Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?

in my observation as of yesterday now is the right time to take the opportunity if you want to invest in day trade the bitcoin price goes up and down the price right timing and right decision to resell your bitcoin.
sr. member
Activity: 1750
Merit: 267
December 01, 2017, 08:26:40 AM
#33
Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?
Day trading is not for all people. In this section, huge experiences​ are needed. Generally price of Bitcoin will up and down but it is not fact. If you are not good in trading, you can just hold Bitcoin for making good profit from it.
hero member
Activity: 1148
Merit: 500
December 01, 2017, 07:57:12 AM
#32
I prefer long term than day trading. Day trading is quite risky. Wild swing of price can easily make your money easily drained. So i take my time and make some study first before buying. Im doing day trade also. Though im not doing this often, it gives you a lot of profit than long term. But most of my quick trades are mostly missed my targets. Also it's time consuming. I don't have much time to trade because i have a lot of things to do. Most of time i spend it on school and trainings. Day trade can cost you so much time because you have to monitor your trades.
sr. member
Activity: 882
Merit: 269
December 01, 2017, 07:38:18 AM
#31
I make a long time trading and investment plan and trade along this plan as most times this market is too volatile for one to actually taking advantage of it up and down. Day traders who trade in forex understand what I am talking about as you  need a bit stability before making any serious trading decision. However, if you have along term view about bitcoin,  you will notice a lot of trading opportunities out there that can make one good return.
full member
Activity: 448
Merit: 100
LETS GO ADAB
December 01, 2017, 07:28:38 AM
#30
Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?

Ow yes, already earning! I already made 50% profit from my capital after 2days from my short term trading in bitcoin. I buy at 9200$ per bitcoin lately and auto sell it when reach at least 9700$ + . Hopefully i can make another sets of profit this week with bitcoin. *praying lol
member
Activity: 616
Merit: 12
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December 01, 2017, 07:24:12 AM
#29
Lot of work for me. Constanly checking the price every 10 mins or so. I tried trading before with altcoins and even tho i did make some profit, took a lot of my time. So now i just hold bitcoins.

If you just want explore more markets, you'll found a markets which is very volatile within 1 hours. you even can get 7% x 2 times profit in 1 hours if you like to checking price every min.

I think this markets has lot of noob which is easily for fomo-fud
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