Day Trading - page 5. | Bitcointalksearch.org

chocolah29

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Quote from: usekevin on October 28, 2017, 01:34:50 AM

Quote from: raking on October 28, 2017, 12:51:20 AM

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Quote from: artoftrolling3 on September 22, 2017, 10:42:30 PM

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.

It is true that you can start with a small amount that in line with the amount you have. But currently btc price is $ 6000, so $ 100- $ 200 I think it's really too small to be able to invest in btc. You should save a lot of money and choose a suitable time to buy.

I think it's not a high amount to get into trading so. For trading you should have good capital to start.Like 1/10 of BTC=600$.I think 600$ is the small amount to get reasonable profit from the Bitcoin.you can start with 100-200 $.I won't oppose you.But the profit for that will be very very low.So earn from Signature Campaign and Mining and inverse that in Trading.I am dam sure ,you will be Successful .

Just start with small capital like if you're just new in trading and didn't have enough knowledge just little amount will do. Yeah the profit will still be small but at least you won't lose some big amount. Just add little by little when you are profiting already and all will be easy.

usekevin

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Quote from: raking on October 28, 2017, 12:51:20 AM

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Quote from: artoftrolling3 on September 22, 2017, 10:42:30 PM

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.

It is true that you can start with a small amount that in line with the amount you have. But currently btc price is $ 6000, so $ 100- $ 200 I think it's really too small to be able to invest in btc. You should save a lot of money and choose a suitable time to buy.

I think it's not a high amount to get into trading so. For trading you should have good capital to start.Like 1/10 of BTC=600$.I think 600$ is the small amount to get reasonable profit from the Bitcoin.you can start with 100-200 $.I won't oppose you.But the profit for that will be very very low.So earn from Signature Campaign and Mining and inverse that in Trading.I am dam sure ,you will be Successful .

raking

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ftp://

Quote from: artoftrolling3 on September 22, 2017, 10:42:30 PM

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.

It is true that you can start with a small amount that in line with the amount you have. But currently btc price is $ 6000, so $ 100- $ 200 I think it's really too small to be able to invest in btc. You should save a lot of money and choose a suitable time to buy.

pilsnerJosef

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Quote from: slyfox on October 27, 2017, 06:34:24 PM

Quote from: romecheo on October 10, 2017, 11:37:58 PM

Day Trading would require much of your time, if you wanted to experience trading, you may use demo account https://www.bitfinex.com/trading or other exchanges/trading sites as well.

100$ to 200$ was a good start. you may earn 5$ to 10$ per day or more, if you we're good enough.

It is very unlikely that a beginner is going to earn any money in trading he is going to be lucky to not lose all his money, that is why I have always thought that is a better idea to make the first trades without putting any money down.

I also think so. That's why I didn't trade at first and only took part in some airdrops.

slyfox

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Quote from: romecheo on October 10, 2017, 11:37:58 PM

Day Trading would require much of your time, if you wanted to experience trading, you may use demo account https://www.bitfinex.com/trading or other exchanges/trading sites as well.

100$ to 200$ was a good start. you may earn 5$ to 10$ per day or more, if you we're good enough.

It is very unlikely that a beginner is going to earn any money in trading he is going to be lucky to not lose all his money, that is why I have always thought that is a better idea to make the first trades without putting any money down.

batang_bitcoin

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Quote from: artoftrolling3 on September 22, 2017, 10:42:30 PM

what is a good amount to start with?

Trading is like gambling, you have to invest what you afford to lose and as for the newbies you can invest a short amount of 0.003BTC-0.005BTC. This is a good starting amount but if you don't have budget you can adjust and lower it.

Quote from: artoftrolling3 on September 22, 2017, 10:42:30 PM

Would it be possible to start with maybe $100-200 and work my way up?

Yes, you can start with that amount and it's going to be a good amount that you can afford to lose. Just choose those coins that are in hype it's good for day trading.

jamids

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Quote from: artoftrolling3 on September 22, 2017, 10:42:30 PM

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.

Yes it's possible to start with that amount. There are many coins that worth only cents so you can buy them or you can choose the higher value coins and then have a portion of it. If you plan to day trade then I suggest to try altcoin vs bitcoin because they have a possibility to increase in enormous percentage within a single day or drop as well. It depends on your analysis and I suggest to do your own research because if you try to ask someone what is the best coin to buy then surely he would suggest a coin he bought so that it would increase in value and then maybe it is already at the top so you would end up on a loss instead of profit.

nicolas1979

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Quote from: artoftrolling3 on September 22, 2017, 10:42:30 PM

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.

I think is enough to start trading and I believe you'll need knowledge and time also. No one can find the best strategy in short time with only little money. But I believe your hard work will give you the best result. Day trading is more difficult than long time period trading ( for me ) but is worth to be done. I suggest you try change mindset as an investor not a trader, it will help you to find best strategy. Good luck.

prashanta

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Quote from: jerry0 on October 21, 2017, 12:38:13 AM

How much money can you make if you start with say 10k or 25k? Are there people that make 50k doing this? But most importantly how much money would they need?

its up to you dear how much money do you effort for daily trading. however i am a daily trader and i personally suggested to all that you become a daily trader for your secure future. As many as you effort here you can earn much more.

jerry0

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How much money can you make if you start with say 10k or 25k? Are there people that make 50k doing this? But most importantly how much money would they need?

JohnBitCo

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Quote from: justdimin on October 02, 2017, 01:13:21 PM

Quote from: noninum on September 23, 2017, 09:01:51 AM

I lack skillfulness of day trading techniques, because i think deviation too small, and as it like a job that takes my time. Long term really a trading strategy that makes me feel comfortable, because this is an investment. So, i don't need to hurry for make open or close order.

Day-trading is surely a huge job on its own as its needs your whole time and dedication. Although with small money, you can quickly build it up with day trading, but it can be risky too as well. Therefore anyone considering this, should know they are up for a real full time job. However, if you have huge cash, long term trading can really be a very good one to earn more as you can just auto buy and auto sell without having to monitor the charts too much.

There is no real day trading in crypto, it is all mostly flash and burn. There are occasional smart sign candlesticks that will keep you for 8 hours, but the real fluctuations and within a 48 minute market breaker.
Day trading is sort of a full time job for a trader because he cant move himself away from the fast trading market.

naidray

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Quote from: MCS23 on October 11, 2017, 01:01:53 AM

Quote from: artoftrolling3 on September 22, 2017, 10:42:30 PM

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.

Day trading is very dangerous for a beginner, most likely the losses will be large, so go into the trade with a minimum amount, then not to regret that you lost everything.

Day trading is not even recommended for experienced traders. It is one of the riskiest method of making money or bitcoin. Day trading needs to keep an eye on the market prices of the coin all the time. I am not in favor of trading at all especially day one. I have seen many people losing their money in day trading. Trading should not be done if your coin is bitcoin. Holding it will generate a lot of profit. Just be patient.

MCS23

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Quote from: artoftrolling3 on September 22, 2017, 10:42:30 PM

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.

Day trading is very dangerous for a beginner, most likely the losses will be large, so go into the trade with a minimum amount, then not to regret that you lost everything.

groko271

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Quote from: artoftrolling3 on September 22, 2017, 10:42:30 PM

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.

I keep the below for such questions as this.

Quote from: groko271 on August 22, 2017, 02:13:54 AM

Before anyone starts trading they need to know the facts. Over 80% of traders are not profitable over time and only 1% make it big. The rest just struggle to stay above the line. For nearly 2 decades of part time (hobby) trading I have seen countless people think trading is easy fast money or at least easily possible to make good money in the end. The truth is its not easy and it takes a diverse set of skills + experience to be able to make some money on the side.

This is why people give up too soon. Every loss is valuable experience, many losses results in a lot of experience. If your interested in trading, start each trade small, stupidly small. Buy/sell on 3-5% margins and be thankful for your "wins". There wont be many. But learn from the stupidly small losses over and over again. Analyse your losses, don't go on feelings but data, both fundamental and technical, especially regarding crypto.

Set yourself $100 and make 5 x $20 trades on different commodities/coins etc try and turn each into $25 (excluding fees). You'll learn a lot before you get there. Trading will always be here, take some time out to perfect your skills, trade on data not emotions and enjoy the ride, its fun imo.

romecheo

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Day Trading would require much of your time, if you wanted to experience trading, you may use demo account https://www.bitfinex.com/trading or other exchanges/trading sites as well.

100$ to 200$ was a good start. you may earn 5$ to 10$ per day or more, if you we're good enough.

romero121

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Users just with the hope of earning big directly jumps into day trading. Here one needs to be very obseevative over the price movements, without which can't get good profit. Should have patience to make decisions according to the situation rather than getting panic and tending to sell it out. Here even a small price variation need to used as an opportunity to earn. Only then good earning is possible through the same.

slyfox

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Quote from: Razick on October 02, 2017, 07:40:24 PM

Based on my experiences with daytrading crypto I can tell you it almost never ends well. Most profit in crypto comes from long term holding. Look at any coin/token graph since its start and you will notice the gains almost always come in exponential form. With that said, daytrading actually makes little sense when you can instead by small amounts and simply hold them to make large multiple on your investment without and work, stress or hassle.

It’s no wonder that the most common advice given in the forum is just hold our coins, most of the time advice like that is mistaken but this is one of the instances in which this is the right action to take.

Bezdonov Art

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Quote from: Simss on September 26, 2017, 02:15:16 AM

I really like to do day trading, because I just rely on some pump and a short dump. I think $ 100- $ 200 is a good start for a newbie, I recommend not being too pushy to use a large capital in trading. unless you are already an expert in trading.

I agree completely. Day trading requires your time – most of your day, in fact. Don’t consider it as an option if you have limited hours to spare. The process requires a trader to track the markets and spot opportunities, which can arise any time during the trading hours. Moving fast is key.

Izarok

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The strategy will always be the key in trading. You can invest a huge amount and still fail to make profit. Even with a little amount but if you do have a plan on how to make it work then you are already one step ahead. If you do really want day trading, try buying some altcoins instead and wait for their price to spike up then sell it. My advice for you is read a lot, ask and apply it. Happy Trading! Cheesy

el kaka22

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Quote from: Razick on October 02, 2017, 07:40:24 PM

Based on my experiences with daytrading crypto I can tell you it almost never ends well. Most profit in crypto comes from long term holding. Look at any coin/token graph since its start and you will notice the gains almost always come in exponential form. With that said, daytrading actually makes little sense when you can instead by small amounts and simply hold them to make large multiple on your investment without and work, stress or hassle.

It totally depends on your system of day trading and what you are trading. Although it can be extremely time consuming which was one of the reasons I switched to long term trading but it can be extremely profitable and you can easily accrue profits fast with smaller investment amount if you trade perfectly well.

I have tried this before and I enjoyed it. You do not have to trade all the coins, you only need a few coin that can give huge fluctuations in a day with some little bit of stability looking across the charts. With this you can grow your capital faster than long term trading.

Topic: Day Trading - page 5. (Read 3899 times)