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Topic: Day trading (Read 11316 times)

member
Activity: 262
Merit: 22
Join us at slack https://bitcoin-talkers.slack.com
May 16, 2017, 12:17:18 AM
Dash looking really good and will hit 0.05 soon. DCR looking good too.
My source says Dash is at US$85 as of writing,not sure what you mean by 0.05?
legendary
Activity: 1302
Merit: 1037
May 14, 2017, 04:39:38 PM
In altcoin trading,is day trading profitable or trading on a long term basis?

Day trading is more profitable than long-term, I think so. Day trading can be used to see how good our strategy to get more profit in minimum time. But long term needs more time to get profit, this strategy was usually taken by bank or corporation. If we are not bank or corporation I suggested day trading as an option. Must understand price not always same with expectation, have a good plan what time to in and out. Good luck 
It depends on the knowledge of the trader and it will determine if he will make more profit in day trading rather than long term investment. If you will ask me, it is best to do both because you will have a chance to not miss out for the possible profits that you can get or earn in both field but it is still depend to the person on what he prefers.
Yes, that day trading is much more profitable as compare to long term investment, just like gambling the profit is much more but the chance are more low. In short term invest you have better chance to get a good profit in a very very short period of time.

But the risk of losing money is too much there. While in long term investment you do not care for the small ups and down in the market, and after long time when he realize that his investment can give him good then he widthdraw his money along with its profit.
sr. member
Activity: 924
Merit: 260
May 13, 2017, 09:36:11 AM
day trading is more profitable as in long run you cant predict alt coin except the major ones
Depends on your knowledge on how altcoin market work. Altcoins is highly predictable if you have knowledge on how things work in crypto currencies world. For example look at ripple last month it looked as if it is a shit coin but today and even last week alone ripple make a returned of over 200% just last week alone.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 13, 2017, 01:54:51 AM
In altcoin trading,is day trading profitable or trading on a long term basis?

Day trading is more profitable than long-term, I think so. Day trading can be used to see how good our strategy to get more profit in minimum time. But long term needs more time to get profit, this strategy was usually taken by bank or corporation. If we are not bank or corporation I suggested day trading as an option. Must understand price not always same with expectation, have a good plan what time to in and out. Good luck 
It depends on the knowledge of the trader and it will determine if he will make more profit in day trading rather than long term investment. If you will ask me, it is best to do both because you will have a chance to not miss out for the possible profits that you can get or earn in both field but it is still depend to the person on what he prefers.
Yes , both have a good things in short and long term ,just make sure of the coins that you will invested to have you a more chnace to earn .Research through a coin project is a must to do. You will only make big profit in long term if you bought a coin in lowest price then have a good future in long term.
Research is one of the best way to earn profits in any kind of investment because it will serve as a guide for you that can tell if it is a good to buy coin or not. Most of the times traders who earn a lot of money always seek for information and do a lot of research before executing any kind of buy to the coin.
sr. member
Activity: 1316
Merit: 356
May 12, 2017, 10:17:33 AM
Day trading is good to those who want to earn profit everyday for fulltimer on trading for their daily needs because you don't have any way to earn money everyday, only in trading. Long term trading is also good, if you buy altcoins you can hold it for a long time and sure you can as much and it is only preferred to those put trading as a sideline.
hero member
Activity: 658
Merit: 500
May 11, 2017, 10:39:07 PM
In altcoin trading,is day trading profitable or trading on a long term basis?

Day trading is more profitable than long-term, I think so. Day trading can be used to see how good our strategy to get more profit in minimum time. But long term needs more time to get profit, this strategy was usually taken by bank or corporation. If we are not bank or corporation I suggested day trading as an option. Must understand price not always same with expectation, have a good plan what time to in and out. Good luck 
It depends on the knowledge of the trader and it will determine if he will make more profit in day trading rather than long term investment. If you will ask me, it is best to do both because you will have a chance to not miss out for the possible profits that you can get or earn in both field but it is still depend to the person on what he prefers.
Yes , both have a good things in short and long term ,just make sure of the coins that you will invested to have you a more chnace to earn .Research through a coin project is a must to do. You will only make big profit in long term if you bought a coin in lowest price then have a good future in long term.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 11, 2017, 10:09:35 PM
In altcoin trading,is day trading profitable or trading on a long term basis?

Day trading is more profitable than long-term, I think so. Day trading can be used to see how good our strategy to get more profit in minimum time. But long term needs more time to get profit, this strategy was usually taken by bank or corporation. If we are not bank or corporation I suggested day trading as an option. Must understand price not always same with expectation, have a good plan what time to in and out. Good luck 
It depends on the knowledge of the trader and it will determine if he will make more profit in day trading rather than long term investment. If you will ask me, it is best to do both because you will have a chance to not miss out for the possible profits that you can get or earn in both field but it is still depend to the person on what he prefers.
legendary
Activity: 1526
Merit: 1179
May 11, 2017, 04:34:05 PM
If you can trade with leverage / margin and are tough as cast iron you can make money day trading. You will have to pay the price to learn and that means being able to take many losses and keep going. It is a very expensive education but it can really pay off. You will need a barf bag on occasion ( in the event of a  major loss) and  don tell your wife  what you are doing Smiley
Leverage trading is like gambling with borrowed money. In most cases people involved in leverage trading do that because of their greed. They want high profits in a very short time, with a lowest possible initial amount.

I personally find 10x leverage to be on the very higher side already, but it's beyond insane how certain exchanges offer people the possibility of going 100x leverage. Really, it has nothing to do with trading anymore.
full member
Activity: 235
Merit: 250
May 11, 2017, 04:24:21 PM
If you can trade with leverage / margin and are tough as cast iron you can make money day trading. You will have to pay the price to learn and that means being able to take many losses and keep going. It is a very expensive education but it can really pay off. You will need a barf bag on occasion ( in the event of a  major loss) and  don tell your wife  what you are doing Smiley

sr. member
Activity: 826
Merit: 252
May 11, 2017, 01:31:51 PM
In altcoin trading,is day trading profitable or trading on a long term basis?

Day trading is more profitable than long-term, I think so. Day trading can be used to see how good our strategy to get more profit in minimum time. But long term needs more time to get profit, this strategy was usually taken by bank or corporation. If we are not bank or corporation I suggested day trading as an option. Must understand price not always same with expectation, have a good plan what time to in and out. Good luck 
legendary
Activity: 2758
Merit: 1228
May 11, 2017, 04:49:46 AM
day trading is more profitable as in long run you cant predict alt coin except the major ones

Actually depends on situation Since mostly on my experience I am seeing that the altcoins price are pretty much more alive in the night since people who works on day time can attend their trading platforms since it is the time of the day that they are not busy on their daily works. Just try to compare men so you could see for yourself on what am i talking about here but if you cannot trade on night well much better that you maintain your habit and don't rush yourself since you might stress out on some certain results. And it will be trully good if we monitor each price movement since we can still earn on tradings wheter its day or night but we should need to be cautious to spot those high flactuating coin.
newbie
Activity: 21
Merit: 0
May 11, 2017, 04:27:33 AM
day trading is more profitable as in long run you cant predict alt coin except the major ones
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
May 10, 2017, 05:15:36 AM
Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.
Hahah your right technically when i learn how to trade now or i understand what trading it is. I start using day trader stragety but moslty of it i'm buying coins that have potentially can grow not like many shitcoins here, well i have big capital so i can earn moslty 0.05BTC - 0.1BTC a day if there's a coin that pumps and dumps (PND).

Now i hold many coins that have potential to grow like XEM (NEM) that top 8 listed coin laat month ago but now as what you see it came up to top 6.... Wow!
Wow 0.05-0.1 Bitcoin/day approx 3 Bitcoin/a month from trading is a good income for you, and like you said need a big capital to get big profit, for now I'm still learn how to get fix income from trading, day trading still my choosen.
You can't judge him can earned 3 btc in a month. He already said he will get that profit if he holds the coins which got pumped up, if not, he won't earn anything (he could loss too). Doing day trading is really risky, because you can earn profit if you have invested in some shitcoins, you won't get daily profit if you are trading with stable altcoin (XMR, ETH, DASH).

I agree with that distinction

Many people have been bragging recently how many dollars (euro or whatever) they "earned" via trading, while in fact, they were just lucky to literally buy low and sell high thanks to price going exponential as of recent. It is easy to "earn" when the prices are constantly going up, month after month. Just half a year ago Bitcoin had been worth about 800 dollars per coin, but today its price is hanging around 1,800 dollars. That is a growth of 1,000 dollars, more than two times. It would be really strange not to profit in these circumstances
sr. member
Activity: 462
Merit: 251
May 10, 2017, 03:46:46 AM
In altcoin trading,is day trading profitable or trading on a long term basis?
if you are an experience trader? " Day trading" is very profitable because altcoins price fluctuations every minute. To me long terms is not even good for bitcoin talk more of altcoins as the price can not face a directions continuously in a month this creates opportunity for day trader.
I will also go for day trade it is more quick to get bitcoin profit, only things we need to do was monitoring it from time to time.
which we must faster than the bot of course as much as we can. Wink
hero member
Activity: 1218
Merit: 557
May 05, 2017, 01:59:41 AM
Well, I almost daily do trading, and sometimes it makes me profit in large amounts. Even more so for now, so many coins whose prices rise in a short time, making many traders pay attention to the market.

Could you state which are the alt coins you are talking about. Also btc price is nearly at the all time high. SO might be we may see some resistance and a drop here will take us back to 1500 levels again in coming time. So be little cautious to trade with btc.
sr. member
Activity: 240
Merit: 250
May 05, 2017, 01:33:54 AM
Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.
Hahah your right technically when i learn how to trade now or i understand what trading it is. I start using day trader stragety but moslty of it i'm buying coins that have potentially can grow not like many shitcoins here, well i have big capital so i can earn moslty 0.05BTC - 0.1BTC a day if there's a coin that pumps and dumps (PND).

Now i hold many coins that have potential to grow like XEM (NEM) that top 8 listed coin laat month ago but now as what you see it came up to top 6.... Wow!
Wow 0.05-0.1 Bitcoin/day approx 3 Bitcoin/a month from trading is a good income for you, and like you said need a big capital to get big profit, for now I'm still learn how to get fix income from trading, day trading still my choosen.
You can't judge him can earned 3 btc in a month. He already said he will get that profit if he holds the coins which got pumped up, if not, he won't earn anything (he could loss too). Doing day trading is really risky, because you can earn profit if you have invested in some shitcoins, you won't get daily profit if you are trading with stable altcoin (XMR, ETH, DASH).
With this approach, the daily profit can be ignored. Although who knows how this man earns and how he trades.
legendary
Activity: 1680
Merit: 1001
May 04, 2017, 09:22:59 AM
Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.
Hahah your right technically when i learn how to trade now or i understand what trading it is. I start using day trader stragety but moslty of it i'm buying coins that have potentially can grow not like many shitcoins here, well i have big capital so i can earn moslty 0.05BTC - 0.1BTC a day if there's a coin that pumps and dumps (PND).

Now i hold many coins that have potential to grow like XEM (NEM) that top 8 listed coin laat month ago but now as what you see it came up to top 6.... Wow!
Wow 0.05-0.1 Bitcoin/day approx 3 Bitcoin/a month from trading is a good income for you, and like you said need a big capital to get big profit, for now I'm still learn how to get fix income from trading, day trading still my choosen.
You can't judge him can earned 3 btc in a month. He already said he will get that profit if he holds the coins which got pumped up, if not, he won't earn anything (he could loss too). Doing day trading is really risky, because you can earn profit if you have invested in some shitcoins, you won't get daily profit if you are trading with stable altcoin (XMR, ETH, DASH).
legendary
Activity: 1456
Merit: 1005
May 04, 2017, 08:56:35 AM
Well, I almost daily do trading, and sometimes it makes me profit in large amounts. Even more so for now, so many coins whose prices rise in a short time, making many traders pay attention to the market.
i do it almost daily and got profit in good amount. i think for being a good trader you have to check the market on the daily basis and should have the patience of holding or purchasing. this is really matters in trading.
Will daily trading give profit? Because daily there is no big price variation in coins. It will take some time to increase or decrease. So how the daily traders will make a profit, i don't know. I think daily traders will get within 5% margin profit. If they want more than this, they must wait for a long time. I don't have experience in the daily trading business.
hero member
Activity: 642
Merit: 500
May 04, 2017, 03:27:06 AM
Well, I almost daily do trading, and sometimes it makes me profit in large amounts. Even more so for now, so many coins whose prices rise in a short time, making many traders pay attention to the market.
i do it almost daily and got profit in good amount. i think for being a good trader you have to check the market on the daily basis and should have the patience of holding or purchasing. this is really matters in trading.
sr. member
Activity: 364
Merit: 250
May 04, 2017, 02:27:07 AM
In altcoin trading,is day trading profitable or trading on a long term basis?


I would say they are both profitable. There are some altcoins that are very volatile based on their charts and they are good coins for making day trading while for long term I bought nem because I know it will make a huge pump after sometime.
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