Topic: Day Trading - page 2. (Read 3899 times)
I think you can start with small amount accordingly if you fail you don't lose much
Its not necessary for you to really use your salary to have a capital for investment and start trading. You can earn bitcoins by just working on bounty campaigns and when you have enough then that is the right time to start trading.
That might be true for some people. But others are looking to inject a lot more money into Bitcoin and altcoins than they can earn from bounty campaigns. People should just listen to the cardinal rule: don't invest what you can't afford to lose. Crypto is highly risky.
People don't care about declaring anything of their crypto holdings and activities. It's safe to say that like 90% of the people have never even considered paying tax over their holdings. Their mentality is what the government doesn't know, the government can't claim, and I can't blame them for thinking like that.
I think that era is ending. Did you see the way the IRS is trying to shake Coinbase down? This will continue and it will scare a lot of people -- at least Americans -- into reporting and paying taxes. I'm not too familiar with tax enforcement in other countries, but people are pretty afraid of the tax man here in the US.
Honestly, I'm worried that the shutdown of BTC-e was only the beginning. Bitfinex served the US market for 4 years.... I could see them shutting down unlicensed exchanges that serve(d) US customers, and forcing licensed exchanges to provide 1099s like other brokers.
Day trading in forex is not the same in crypto, so exhausting. Just buy a good coin with nice development and hodle your way to Lambo
It is really a hard thing to do honestly with the huge level of volatility and you can so be frustrated most especially when trading altcoins. BTC or ETH to USD still sounds to me like a more good option to day trade anyway. All the above, I agree to the fact that HODLing is a lot less risky and I really like the sound of holding your way to lambo 
Nevertheless, short term or long term trading can really give a lot of profit at the end if done well than just holding. Hi guys! I have few thoughts regarding the upcoming btc Fork, would be glad to hear your opinion on the topic:
https://youtu.be/fpWNENPsNw4
It is a good idea to start day trading but it requires specific skill of investment. The good idea is to invest with minimum amount to avoid any loss due to lack of experience,100 is very little amount to start with day trading, its worth is very low. https://youtu.be/fpWNENPsNw4
I think a reasonable amount may be invested for a decent profit. If there is a loss on the first day lack of experience,you can use this experience to earn more the other day.
Day trading in forex is not the same in crypto, so exhausting. Just buy a good coin with nice development and hodle your way to Lambo
what I know of trading is that I can get you the big money I want you to earn money you should always pay in the cocomputer because I think trading should be time and every day that you watch at the time when the price is different money.
If you are a newbie, $100-$200 is a suitable amount of money for trading. There are many things you have to learn to become an expert. Therefore, let cheat it like school fee.
Well day trading is really not advisable for the newbie since they might loose that money for just 1 day. If you are new then learn first how to trade and don't focus much on 1 day income always look for long term goal since crypto is our future, don't rush things because when you rush your money will surely gone in a just a snap of your finger.
After having know how of the field one can increase his capital gradually in the trading market. Bitcoins may be a good choice to start day trading.
I had started sometime ago with even less, in those time bitcoin were worthing around 300 dollars and i started with 50 dollars, i were able to grow my portfolio since then, but the thing is you will end get some loss along your trading, but if you patiente and the coin is good it will recover, best coin to trade is bitcoin wich is the most volatil and best oportunity to make easy money along the pumps and dumps.
You can start day trading even from 10$ but try then to risk more and you can get thausands from 10$ bro.I saw in exhanger coin ganjacoin and I saw that price is changing so often and now I trade with that coin and I have profit every month at least 500$ only from 100$ which I risk,sometimes more ,sometimes less but I am in profit 
Day trading is much harder than you can ever guess. You have to spend hours a day and if you can't get enough money every day this is pityy for you and your effort is wasted somehow. It's not a business to do with $10 money. You can't get anything with that low money in day tradings. It's for huge volume traders.
You can start day trading even from 10$ but try then to risk more and you can get thausands from 10$ bro.I saw in exhanger coin ganjacoin and I saw that price is changing so often and now I trade with that coin and I have profit every month at least 500$ only from 100$ which I risk,sometimes more ,sometimes less but I am in profit
If your aims are to gain high incomes from the trade such as 50/100 $ per day, it is not worth it. You should invest with at least a 1000$. But if you are pleased with 5$ per day than its ok.
$200 is a good amount to start with. When you make it a $1000, that means you are doing it right. At that point feel free to add a bit more.
$0. If you have to ask what amount you should start with, then you do not know enough about trading to profit. You should continue to learn about trading strategies and analysis (it should take you more that a month before you reach step two). Once you know EVERYTHING about strategy, analysis, and trading algorithms, then it is time to move onto step two: Paper trading. Paper trading is when you look at the exchange price and write down your trades on a piece of paper (at the market price) WITHOUT actually purchasing the trade. This is a crucial step as it is how you will work out the kinks in your strategy without losing money (you should spend at least another 2 months on this process). Finally, it is time to trade! At this point you already know the optimal amount of capital for YOU to trade- because you know EVERYTHING about trading 
.
Good luck and DO NOT rush this process!
.Good luck and DO NOT rush this process!
Its not necessary for you to really use your salary to have a capital for investment and start trading. You can earn bitcoins by just working on bounty campaigns and when you have enough then that is the right time to start trading.
That might be true for some people. But others are looking to inject a lot more money into Bitcoin and altcoins than they can earn from bounty campaigns. People should just listen to the cardinal rule: don't invest what you can't afford to lose. Crypto is highly risky.
People don't care about declaring anything of their crypto holdings and activities. It's safe to say that like 90% of the people have never even considered paying tax over their holdings. Their mentality is what the government doesn't know, the government can't claim, and I can't blame them for thinking like that.
I think that era is ending. Did you see the way the IRS is trying to shake Coinbase down? This will continue and it will scare a lot of people -- at least Americans -- into reporting and paying taxes. I'm not too familiar with tax enforcement in other countries, but people are pretty afraid of the tax man here in the US.
Honestly, I'm worried that the shutdown of BTC-e was only the beginning. Bitfinex served the US market for 4 years.... I could see them shutting down unlicensed exchanges that serve(d) US customers, and forcing licensed exchanges to provide 1099s like other brokers.
I would say that everything > 20$ is fine. But I want to add that daytrading might get you a lower profit since taxes might apply. In some European countries crypto earnings are subject to taxes if they are cashed less than one year after investing. I can't tell what tax laws apply in your country but it might be worth checking that.
People don't care about declaring anything of their crypto holdings and activities. It's safe to say that like 90% of the people have never even considered paying tax over their holdings. Their mentality is what the government doesn't know, the government can't claim, and I can't blame them for thinking like that. As long as exchanges aren't snitching on their customers, there is no way any government will find out that you actually made any profits. The only thing people seem to worry about, is what trading fees are involved, and what withdrawal fees they need to pay when cashing out.
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?
Sorry if i'm posting in the wrong section, pretty new to forums here.
Sorry if i'm posting in the wrong section, pretty new to forums here.
I would say that everything > 20$ is fine. But I want to add that daytrading might get you a lower profit since taxes might apply. In some European countries crypto earnings are subject to taxes if they are cashed less than one year after investing. I can't tell what tax laws apply in your country but it might be worth checking that.
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?
Sorry if i'm posting in the wrong section, pretty new to forums here.
Sorry if i'm posting in the wrong section, pretty new to forums here.
Day trading is a short term form of trading. this kind of project is used in a long time ago,for quick earning of profits.this not advisable for the beginner in trade because it might loose your money in a few moments,in a one shimmer of your eyes.its is advisable only for the experience and professional traders because they much knowlegeable of how to play this kind of game in limited amount of monetary terms.
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?
Sorry if i'm posting in the wrong section, pretty new to forums here.
Sorry if i'm posting in the wrong section, pretty new to forums here.
Day trading is a short term form of trading. this kind of project is used in a long time ago,for quick earning of profits.this not advisable for the beginner in trade because it might loose your money in a few moments,in a one shimmer of your eyes.its is advisable only for the experience and professional traders because they much knowlegeable of how to play this kind of game in limited amount of monetary terms.
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?
Sorry if i'm posting in the wrong section, pretty new to forums here.
Sorry if i'm posting in the wrong section, pretty new to forums here.
Its not necessary for you to really use your salary to have a capital for investment and start trading. You can earn bitcoins by just working on bounty campaigns and when you have enough then that is the right time to start trading.
Day Trading is a good way to earn money. but if you new to crypto currency world, I really not recommend to you it. because , short term trading is risk than HODL. $100 - $200 is Enough to start it. but do not be lost with fake signal oh tricky things.
best of luck...
Good advise. With 100-200$ i think Hold is a good option. Do not take risk with day trading.best of luck...
The type of trading is quite vulnerable to higher level of risks than the long term trading methods therefore it is mostly restricted to the international market and has little percentage in the local business. Only those who have skilled in this professional well must opt for day trading but with limited amount in monetary terms.
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