Topic: Day trade is more a lucky thing or skill - page 31. (Read 2938 times)
Depends on your knowledge. If you're a noob, then day trading is nothing more than gambling. On the other hand, there are people earning millions day trading using their skill and experience.
both are needed. 
but skill is more important,
notice the market and having a good analyzing.
but sometimes even we have tried hard and doing careful of taking decision whether selling or holding,
unlucky time come anytime,
that's why i said that both of them are needed.
but skill is more important,
notice the market and having a good analyzing.
but sometimes even we have tried hard and doing careful of taking decision whether selling or holding,
unlucky time come anytime,
that's why i said that both of them are needed.
I feel it's a thing of skill. Having to study Charts upon charts. Not just anyone can get into it and be successful.
It is the skill, but you cannot do it without the knowledge that gives these skills that further help you get the bigger profit. A tip to make more money and not lose: deal with many altcoins.
If there's not, then much better to hold In a long term either because holding a coin like bitcoin Is really much more profitable rather than anything else of Investment. But It's required a patience In order to achieve those huge target price that we had hoped for.
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
For me, day trading is time consuming and little profit. I think a person who wants to get rich will not do that job.They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
They only need to spend some time analyzing the market, then buy a coin and hold it in the long run until the price of the coin increases to its true value.
I feel it's a thing of skill. Having to study Charts upon charts. Not just anyone can get into it and be successful.
It is the skill, but you cannot do it without the knowledge that gives these skills that further help you get the bigger profit. A tip to make more money and not lose: deal with many altcoins.
I have a lot of headaches when I look at the hundreds of charts. So I want something simpler, that is to buy and hold coin, until the profits are sold, it may be a very long time.
In trading most of people thinks like this that it is all about luck and knowledge if you will have to fine knowledge about trading I am sure you will earn more than anything, trading is a place where people can earn using skills and knowledge, so holding with patience, buy at low and trade at high will increase your profit even more than this, so the bigger you will plane the bigger you will earn from it.
For me day trading is all about skills and expertise,If you well versed about market and strong skills you can gain good profit on daily basis.Luck is may be some time but skills will able earn daily basis.It is better to increase our knowledge and learn techniques to be successful day trader.
depending on your skills if you are skilled and diligent you will get a big profit every day plus if you are patient when trading, you will succeed.
You have to be ready to spend a lot of time working online and monitoring the crypto market if you decide to go for daytrading plus this process is a little exhausting to me which is why I prefer holding and waiting for my coins to increase in value and generate the profit.
Day traders of bitcoin require more skills than luck to become successful. Even though some people may periodically become successful day traders by luck, i believe that day trading will be more profitable if the trader has acquired skills through research and experience. Do not make Day Trade a gamble; you may not always win.
In my opinion day trading is basically a skill you need to learn and gain knowledge of because if you mastered the skill of trading, it will be easy for you to read the signs and charts and spikes of that certain coin.
I have a lot of headaches when I look at the hundreds of charts. So I want something simpler, that is to buy and hold coin, until the profits are sold, it may be a very long time.
I feel it's a thing of skill. Having to study Charts upon charts. Not just anyone can get into it and be successful.
It is the skill, but you cannot do it without the knowledge that gives these skills that further help you get the bigger profit. A tip to make more money and not lose: deal with many altcoins.
I was told many times day trading in crypto is gambling. Successful day traders in stock or fiat markets having winning-to-losing trade ratios of over 70% but not in crypto world.
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
I think that both things are needed. You can have really great luck and no skills in trading and earn much more than even the most experienced tough trader.
I do agree with you, bro. However, even the long-term trading needs some luck. However, the day-trading is a real science and art. The skills are needed.
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
I think daily trading can be said to be either luck or skill. But I honestly do not advise you to play in daily trading. I would advise you to stick with it for a long time. I think that way is more profitable. They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
according to my personal experience both are very useful, sometimes when I do daily trading I often have good luck but with the expertise I have also I can find out what is good and suitable coin to benefit from daily trading.
You do not need to talk about different strategies, because the only true strategy is to buy cheaper, and sell more expensive. If you compare gambling and trade, then trading gives you an opportunity to earn more. And at the same time to control everything that happens
There is no such thing as lucky ones when it comes to trading, may it be day trading or long term trading. It has to be a skill and basically knowledge that when you day trade, you know how the coin runs through the process and you know that the coin you have traded with will be worth something too so it will be worth trading.
trading has a high risk so it takes knowledge and skills to be able to get profit, but luck is also very influential, because if you do not have all that then you can lose your money
Trading is what if call challenging profession rather than risky one. The reason is because risks sounds like investing in a place which is not trustworthy or nobody knows what will happen. However, a trader is a man with high level of knowledge regarding his asset and market, he understands the future of his asset very well due to which the chances of blundering get mitigated. 
Day trading is all luck, others can say otherwise but there's no way that a certain person knows that the market is going to go one way or another. They may get lucky a good amount of times, even near the point that they're actually looking like they can tell the future, but then they're going to fail. The market does what the market does, and if you try to predict it it's like your gambling on the weather.
This simply isn't true, you need a basic knowledge in order to do either one of them. I would recommend to all that holding bitcoin (and traditonals) is USUALLY the best course of action.
In bitcoin trading it's much more like buying and selling goods online, that is the sale of goods profit or loss. Skill, is the initial capital of every trader especially for those who are still Newbie. Because, a fortune is not possible without skills even if some of them are lucky it may just be a coincidence. While those who have the skills can usually take advantage even though the market is in a declining condition.
This simply isn't true, you need a basic knowledge in order to do either one of them. I would recommend to all that holding bitcoin (and traditonals) is USUALLY the best course of action.
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