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Topic: Day Trading - page 2. (Read 747 times)

jr. member
Activity: 326
Merit: 1
August 20, 2018, 11:12:24 AM
#96
Most of the crypto ex changers like Bittrex, Binance, Bitmex are make mobile app for smart phone users, which can be easily used to trade in smartphones. And it's relatively easy and comfortable to use, especially for anywhere.
yes, the exchange that you mentioned might be very liked and used to trade today, and bittrex or binance exchange both have very high volume and have very fast market price movements, but for beginners who learn to trade day , I think it will be risky, and maybe they will suffer a big defeat.
full member
Activity: 462
Merit: 100
August 20, 2018, 11:02:07 AM
#95
I would suggest that if you want to trade daily, first choose an exchange with the type of coin that allows you to choose the type of coin every day, then pay attention to the daily turnover rather than the price of the coin.
it's useless if the price is high if the turnover is small, it's very difficult to get profit from it. good luck.
newbie
Activity: 33
Merit: 0
August 20, 2018, 09:39:48 AM
#94
I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.
Day trading is very risky in yourself , you need time to focus in trading, for me holding is better thaN day trading
member
Activity: 120
Merit: 10
July 31, 2018, 12:55:44 AM
#93
Most of the crypto ex changers like Bittrex, Binance, Bitmex are make mobile app for smart phone users, which can be easily used to trade in smartphones. And it's relatively easy and comfortable to use, especially for anywhere.
full member
Activity: 431
Merit: 100
July 31, 2018, 12:52:30 AM
#92
It is gonna be entirely up to you on how would you want to push or pull your portfolio. Day trading could be nice because you get to see your profit. You can manage the risk at the same day. Pretty much being productive in your portfolio as it is like treating it like a full time job. You're gonna need a critical instincts in the TA though to get the most out of it.
With what you said I believed yo don't understand what day trading implies because it a trade start and executed within a day.. However, day trade is not good for crypto currency trader that don't know how to set aside time and cut losses withh limited orders.
I admit that daily trading is a bit troublesome to me. Choosing what token that we should trade is really difficult, even we might need to take a cut loss at that time. I had this thought for a long time in my mind, can we still consider day trading if we do this within 2-3 days, not in a day?
member
Activity: 308
Merit: 10
July 31, 2018, 12:48:03 AM
#91
I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.
At this point I believe you should only trade the day, you can see that bitcoin prices are constantly fluctuating and rising sharply in the past time, after touching the $ 8400 level, the current time has fallen to $ 8200 level . The market is hard to predict when altcoin prices are falling sharply, I believe this time you should be in bitcoin and should not buy altcoin at this time.
full member
Activity: 406
Merit: 101
July 31, 2018, 12:22:14 AM
#90
Of course daily trading is way more profitable than just holding or investing but we can say also that day trading is way more difficult and complex, you need to know more things than just to hold.
Try out trading these days in which one can get benefit easily as the price movement is favorable for traders and it also took a lot of time to go high but the price is still here for our benefit and can go higher anytime. Better you start buying now as Bitcoin is available on low price which will be a benefit too if we have a large collection of it will payoff according to the collection.
hero member
Activity: 2660
Merit: 651
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July 28, 2018, 11:30:29 PM
#89
It is gonna be entirely up to you on how would you want to push or pull your portfolio. Day trading could be nice because you get to see your profit. You can manage the risk at the same day. Pretty much being productive in your portfolio as it is like treating it like a full time job. You're gonna need a critical instincts in the TA though to get the most out of it.
With what you said I believed yo don't understand what day trading implies because it a trade start and executed within a day.. However, day trade is not good for crypto currency trader that don't know how to set aside time and cut losses withh limited orders.
newbie
Activity: 24
Merit: 0
July 28, 2018, 11:05:02 AM
#88
I will prefer playing swing, and I also know some Quant trader will use AI for trading. So Good luck folks! Smiley
You may have a try with a very small amount
sr. member
Activity: 882
Merit: 269
July 28, 2018, 10:57:55 AM
#87
I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.
Day trading come with it own inherently risk and you should not putting good money in it if you did not know how it works. For you to day trade successfully you must used the good exchange like poloniex and binance in others for you to see good volumes that will direct prices.
sr. member
Activity: 728
Merit: 263
July 28, 2018, 10:35:08 AM
#86
I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.
Day trading is much more difficult for making a profit until you are not a lucky man, It requires taking the risk because of the uncertainty of this platform. sometimes you may gain a lot of money but some other time you may face a huge loss if you want to trade in a day. so experience and luck both required for this system. 
newbie
Activity: 210
Merit: 0
July 28, 2018, 10:25:15 AM
#85
Day Trade is a Full time job if u want to take Good Profit from trade You must day trading activity we need high trading volume so we get high liquidity,  and so far I really like to use Binance exchange. They has mobile app which downloaded by a million user.
legendary
Activity: 1162
Merit: 1000
July 28, 2018, 10:12:25 AM
#84
Just remember day trading can really be unprofitable if you don’t set goals and don’t force trades to meet those goals. And it is also very risky.
full member
Activity: 420
Merit: 100
July 26, 2018, 04:28:23 AM
#83
I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.

I highly prefer to use bitcoins for day trading because it has a very good volume and potential in the market which can be used to earn profit daily.
full member
Activity: 455
Merit: 102
July 26, 2018, 03:10:56 AM
#82
Holding is a very stressing strategy. You may be rich or poor in one day. Trading is good as you can lower the risks but if you're not free then you can't now do anything at the right time
Its the other way around, trading (day trading) is stressful than holding. Imagine a day trader have to go through when he bought a coin and within a day he needs to sell it with profits based on his personal goals, and that can't be done without monitoring the price of the coin so you can decide and sell right away. Compared to holding (long term or even short term), lets not look further, just check how much BTC is 2 years ago and compare to the price today.
Both trading and holding of the crypto coins have their own advantages and disadvantages and that it is you who must make the choice after keeping all the things in your mind but you must be sure that you are making the right choice and that if you are willing to go for trading, then you must have enough of the skillset which can then help you in making some better strategy for effective earning.
full member
Activity: 504
Merit: 106
July 26, 2018, 12:12:43 AM
#81
Holding is a very stressing strategy. You may be rich or poor in one day. Trading is good as you can lower the risks but if you're not free then you can't now do anything at the right time
Its the other way around, trading (day trading) is stressful than holding. Imagine a day trader have to go through when he bought a coin and within a day he needs to sell it with profits based on his personal goals, and that can't be done without monitoring the price of the coin so you can decide and sell right away. Compared to holding (long term or even short term), lets not look further, just check how much BTC is 2 years ago and compare to the price today.
Day trading is good option too but most of the cases holding makes the mark. Many people here are different with different mindsets to work in bitcoin. Many have some different objectives and goals that must be followed to earn big profits. Holding helps you to keep your investment safe for long time. Every day when prices start increasing, hold till the best possible time.
full member
Activity: 434
Merit: 100
July 25, 2018, 03:33:36 AM
#80
I propose to create a separate account, for example Binance, in order to provide API access from applications from the phone, for example Tabtrader. I propose to start with the top coins, and then go down to the more unknown coins. Do not use credit, as it affects your ability to assess the real situation in the market
legendary
Activity: 1204
Merit: 1028
July 25, 2018, 03:31:24 AM
#79
It is all about the risks and rewards. If you buy bitcoin right now and hold it until you are retired than you can have a lot of money with you, thats the same for alt coins as well. Yet if you daily trade, you can lose all your money if you are emotional and have trouble holding a coin etc, if you select badly and what not. So one way you are going to be well off in the future, in the other you are going to either make that much money in a month with good daily trading or lose everything. It is all about the risk and the reward.
hero member
Activity: 1666
Merit: 502
July 25, 2018, 02:15:09 AM
#78
I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.
Every paltform exchanger support mobile, I think what you need is a platform exchanger that has a large volume in each coin, in order to change the price quickly, I think this thing should be done because we take profits of the movement of crypto every minute.
full member
Activity: 566
Merit: 102
July 25, 2018, 01:43:36 AM
#77
people day day trading is quite a risk, but what's wrong with trying and running it ,, i suggest big market and big volumes like hitbtc, poloniex bitrex binance and others, and you can start with wide coin like bt ltc doge eth trx and other ,, you must be ready to win and lose because it is your choice ,, good luck
Well this really depend on person to person. If you have got some extra strength that can help you to manage extra stress, day trading is best for you. Although it is little bit hard and need your whole day but still the profit can be of maximum ratio that is able to be obtained. Mostly people don’t opt it just for the reason that they are afraid of losing money they have traded.
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