Topic: Day trade is more a lucky thing or skill - page 45. (Read 2938 times)
Today we want to earn income on the market Crypto not only rely on luck, luck does not come to us like a few years ago. Nowadays, altcoin prices are rising abnormally, requiring you to have an in-depth knowledge of the Crypto market. So I hope to earn income on the market Crypto.
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 wouldn't say just the luck alone can play the role and you do need skills to trade effectively. I am not even saying that you need far better skill set to perform the operations. I mean any average person with techs to know how to do it can do it effectively. You just need to know basic things like, when to buy, how to buy, and how much to buy. These are basic questions which one should know answer to while trading and they can turn out to be lucky one with that. If you re not sure about what you are doing in the trading, then just stick to the holding as it is far safer and needs neither the luck nor the skills.
It is all about cool blooded skill. If you can read the charts properly and you can avoid being affected by emotions, you can do well. Of course, luck can always help.
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?
Day trading is very stressful and it definutely involves lot of skill with fair amount of luck too. You can't trade perfectly only on the basis of luck. If you have Sound TA knowledge then your chances of hitting a profit trade is high.
If you dont know TA then learn it first otherwise you gonna get burn.
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.
That's what makes the difference between you and the successful trading YouTubers - time.They make you really believe that is more like a skill and if you are good at it, it works.
Time, study and decision are three precise ingredients to success whichever way we want to look at it. It takes hours of grilling to fine-tune a trading strategy and that isn't easy to come by. Trading success isn't a luck thing. Rather it depends on skills. So, kid go study and show yourself approved unto the trading world.
Blockchain is a technology....!
Nd technology doesn't depends on luck factor....
If you have skills nd if you understand how it works, you would love to work on it nd gradually would be a billionaire.............
And to what dishonour do we owe this spamming post of yours? Nd technology doesn't depends on luck factor....
If you have skills nd if you understand how it works, you would love to work on it nd gradually would be a billionaire.............
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?
The price of bitcoin fluctuates when viewed from the graph. The absence of any entity that controls the rate of Bitcoin.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?
Bitcoin prices are determined by everyone who has Bitcoin (regardless of amount).
If you have Bitcoin right now, you're one of those people who determine the price of Bitcoin. If you suddenly sell all of your Bitcoin, then the price will move down (as the offer increases). So also if you suddenly want to buy a lot of Bitcoin, you have contributed to the amount of demand Bitcoin so that the price will move up.
Therefore bitcoin prices also differ in each crypto market.
Skill and experience are important. Luckily - it is only part of the commercial issue in the crypto market. Trading with charts and tools is always effective. Or at least you have analytical skills. It will reduce the risk and loss rate for you.
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It looks like luck to the outsider but it takes a ton of skill to day trade effectively. Not only do you have to have bankroll, discipline, emotional control, time management, understanding markets, and many other skills. You have to be smart enough to know how to chart and how to decipher that information from those same charts. Not a easy task and that is why less traders are day traders, it is absurdly hard thing to do.
First of all almost all you tubers do their videos just to promote some websites so that later they can earn commissions. I am not saying all of them but the majority.
From my opinion the biggest part of day trade is about skill. You have to know which coins to choose and the right time to trade them. Of course luck is also a big part of day trading but you cannot make profit forever just with luck and eventually you will start losing money if you are fixed only on being lucky.
Holding and trading are different. There are different strategies for both of them same as the profit. I am unable to tell you what to choose it is more about what you choose to be. Do you want to spend a few hours everyday for trading and are you willing to follow a sleeping program so that you can buy/sell at the right time? Or do you want to spend a few hours to choose your coins then hold them to get your profit? It is your choice
From my opinion the biggest part of day trade is about skill. You have to know which coins to choose and the right time to trade them. Of course luck is also a big part of day trading but you cannot make profit forever just with luck and eventually you will start losing money if you are fixed only on being lucky.
Holding and trading are different. There are different strategies for both of them same as the profit. I am unable to tell you what to choose it is more about what you choose to be. Do you want to spend a few hours everyday for trading and are you willing to follow a sleeping program so that you can buy/sell at the right time? Or do you want to spend a few hours to choose your coins then hold them to get your profit? It is your choice
With crypto, it does not need much skills and experience. You can easily make 5-10% in a day if you pick the right coins.
Day trading is like a combination of pure skill and luck.
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.
Who are these youtubers who are posting their signals?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.
It requires analysis and it's not just an intelligent guess or being lucky.So, should I stick with holding or playing day trade is a better option?
If you are unsure about day trading, don't take the risk if you are not willing. I do day trades if I want to but mostly I'm focused with holding. 
A bit of both but if you’re not a whale you can’t control the market so it’s inevitable you’re going to make wrong calls. My advice is just to HODL until after the nexr halving, the price SHOULD be significantly higher then.
My opinion on day trading is that you need to dedicate the day to it
you need to watch the markets and keep up to date with news and
the trends and reactions to the news articles. The markets are volatile
so you need to be able to react to movements as they happen.
you need to watch the markets and keep up to date with news and
the trends and reactions to the news articles. The markets are volatile
so you need to be able to react to movements as they happen.
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?
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