Day trading - page 2. | Bitcointalksearch.org

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Quote from: MrBungle on February 26, 2015, 10:21:23 AM

Is day trading a thing in bitcoin? Does anyone practice it? Also, how big is the benefit someone could make of it? Is it substantial or just some minor benefit?
Also hello everyone I'm a newcomer around the bitcoin community. I'm sorry if the topic has been covered somewhere else but I searched around the forum and I anyway felt like a wanted to ask in a new topic.

Sure it is there is a trading simulator in speculation if you want to try it out risk free
https://bitcointalksearch.org/topic/trading-simulator-a-fun-free-speculation-game-switch-to-bpi-on-july-15-890086

PenguinFire

full member

Activity: 154

Merit: 100

That Darn Cat

Day trading would be risky as freak right now. Undecided

hua_hui

legendary

Activity: 1386

Merit: 1016

Quote from: MrBungle on March 04, 2015, 08:48:31 AM

So everyone who speculates right now just buy low, wait long and sell high?

Buy low, wait long and sell high, is called "investing", not day trading especially fancied by short term speculators.
You are a newbie in bitcoin and probably has no any trading experience yet.Due to the fact that day trading is very risky, I recommend you just wait and learn the concept of bitcoin. If you have spare money, you can try to buy a little bit and hold.

syamster

hero member

Activity: 1078

Merit: 501

I am currently studying the market movement of BTC, but its tough we cant find a solution why the btc suddenly up and suddenly get low, demand and supply is the answer, then also I am not convinced... waiting and watching

MrBungle

newbie

Activity: 18

Merit: 0

So everyone who speculates right now just buy low, wait long and sell high?

Alexis

member

Activity: 80

Merit: 10

You can use leverage at 30x on places like Bitfinex.
So yes you can day trade, but it is quite risky.

Amph

legendary

Activity: 3248

Merit: 1070

day trading is too dangerous at the moment imho, there is plenty of manipulation(plenti of big wall), also the price seems to aims high, going short now is risky, better long term

resya

sr. member

Activity: 294

Merit: 250

Don't try to get rich in one day if you're day trading. Bitcoin times have changed, it's not as crazy as it was last year. Last year price went up 100 dollars then back down 100 dollars 2 hours later. I doubt you see that.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: MrBungle on February 26, 2015, 10:21:23 AM

Is day trading a thing in bitcoin?

Yes.

Quote from: MrBungle on February 26, 2015, 10:21:23 AM

Does anyone practice it?

The subboard "speculation"[1] is mostly dedicated to that topic.

Quote from: MrBungle on February 26, 2015, 10:21:23 AM

Also, how big is the benefit someone could make of it? Is it substantial or just some minor benefit?
Also hello everyone I'm a newcomer around the bitcoin community. I'm sorry if the topic has been covered somewhere else but I searched around the forum and I anyway felt like a wanted to ask in a new topic.

Welcome.

[1] https://bitcointalk.org/index.php?board=57.0

MrBungle

newbie

Activity: 18

Merit: 0

Is day trading a thing in bitcoin? Does anyone practice it? Also, how big is the benefit someone could make of it? Is it substantial or just some minor benefit?
Also hello everyone I'm a newcomer around the bitcoin community. I'm sorry if the topic has been covered somewhere else but I searched around the forum and I anyway felt like a wanted to ask in a new topic.

Topic: Day trading - page 2. (Read 1905 times)