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Topic: Day Trading Crypto- Currencies Is Dead... (Read 3095 times)

full member
Activity: 784
Merit: 115
November 19, 2016, 02:00:32 AM
#53
Perfect timing thats the key word alt coin still profitable even btc is really jumping high as we knew that after btc got a comfortable price it will stay and the next thing will happeb alt will start to regain back so with perfect timing where to place buy and sell order is very important.

i am sure for this but we need to waiting for this because we don't know when the price of bitcoin will be stable and then we can trading with altcoin. the price of altcoin is down into bottom and we don't know is going down again or will be up and follow the bitcoin price.
hero member
Activity: 2128
Merit: 520
November 19, 2016, 01:36:10 AM
#52
Perfect timing thats the key word alt coin still profitable even btc is really jumping high as we knew that after btc got a comfortable price it will stay and the next thing will happeb alt will start to regain back so with perfect timing where to place buy and sell order is very important.
hero member
Activity: 1428
Merit: 506
November 19, 2016, 12:58:18 AM
#51
Trading requires a lot of effort, patience and right timing of when to
trade a certain altcoins. For me Ive give much effort, patience and
also decision making in buying/selling a particula coins. There is
no need stay at home 24/7 to be able to trade, by staying alert
is enough.
legendary
Activity: 3472
Merit: 10611
November 19, 2016, 12:17:25 AM
#50
I have realized that most traders set daily targets of profit they want to make. Do people really stay on their computers for hours and hours looking at the markets?

Research and familiarizing with current trends is the key that most lack and this is why they cannot spot investment opportunities like major shifts in the market of a particular coin. Although some spot major shifts, chasing the bull has seen many losing money.

Sometimes the best trade is a No Trade. Roll Eyes



you don't have to stay on your computer 24/7 to be able to trade and make profit but you have to stay alert of the market and its movement if you don't want to miss out.

that is why day-trading is a job not a hobby that you can do alongside other things to make extra money. for that you have to invest long term.
hero member
Activity: 588
Merit: 500
November 17, 2016, 04:06:18 PM
#49
   Every work require sacrifice, and I sit on my work for hours then I come home and I spend hour or two, depending from the obligations at home, reading about bitcoin and earning bitcoin. Traders can earn much more in couple hours then me, so I doubt that crypto trading is dead. I have seen many threads and topics about bitcoin death, litecoin death, and about other coins death. Bitcoin is stronger then ever, litecoin is still here, other coins are here.
   Maybe you are bored from one thing, refresh yours self if you can, do something else and then come back and earn some money, good luck.
hero member
Activity: 924
Merit: 1001
November 17, 2016, 03:59:51 PM
#48
Upon checking your thread has moderated and methods do you have any proof that you are making a good profit in trading in forex.. honestly trading in forex it needs a large amount of investment.. unlike in other exchange site..
Can you share with us some proof that your methods are working proof that you earn.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
November 17, 2016, 03:50:26 PM
#47
Is there any system where I can get a free email alert when an altcoin I own goes up to a certain level?

You could use a watch dog

A watch dog is a price tracking bot which closely follows the trades made on a given exchange and sends or emits a signal that the price has reached a certain level. If you need one, you could ask in the services section and someone could write such a bot for a small fee. I had written a few trading bots myself in my early days for both Bitcoin and fiat exchanges and markets, and I can say that it is not a difficult task if you know the exchange api. All Bitcoin exchanges that I've seen use JSON data format, and their api's are very similar
hero member
Activity: 2730
Merit: 552
November 17, 2016, 03:03:06 PM
#46
Is there any system where I can get a free email alert when an altcoin I own goes up to a certain level?
hero member
Activity: 1148
Merit: 528
November 17, 2016, 03:19:39 AM
#45
Trading need a lot of patience, even with a lot of patience sometimes the coin also cant give you any profit, if you are trading alt coin maybe you need to be active 24 hours to earn profit because the volatility of alt coin is very unstable, but if you are trading bitcoin with usd then you dont need to be 24 hours, because the price movement is not that fast
But there are few highly established alt coins, we can choose to them for your trading if you are highly concerned about volatility. Moreover no trader will be able to trade all 24 hours. So, choosing bitcoin trading against fiat must be the right choice, otherwise select altcoins which were fairly distributed and hence less chances of sudden dump.
hero member
Activity: 1274
Merit: 516
November 16, 2016, 08:12:07 PM
#44
Trading need a lot of patience, even with a lot of patience sometimes the coin also cant give you any profit, if you are trading alt coin maybe you need to be active 24 hours to earn profit because the volatility of alt coin is very unstable, but if you are trading bitcoin with usd then you dont need to be 24 hours, because the price movement is not that fast
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
November 16, 2016, 07:46:17 PM
#43
Yeah, trading requires a lot of waiting and waiting for the right time to strike. But that does not mean day trading is dead, simple.

Buy a coin at its "24hr low" price, sell at its "24hr high" price and make some profit.

Anybody can do that.
But how do you know when its the lowest point or the highest in a session? You can’t, if anybody could do it then no one will profit any money from trading if it was that easy.
hero member
Activity: 868
Merit: 501
Chainjoes.com
November 16, 2016, 07:21:47 PM
#42
today bitcoin price very high incraese
so much people can take profit,
so why you say trading crypto currencies is dead, you trading altcoin and much lost
because ussualy is bitcoin price up, altcoin price can down
full member
Activity: 126
Merit: 100
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
November 14, 2016, 10:25:47 AM
#40
Buy a coin at its "24hr low" price, sell at its "24hr high" price and make some profit.

Anybody can do that.

It is not that simple. You need to study hard if you want to trade. You must develop a strategy and each person uses their own strategy.


I have realized that most traders set daily targets of profit they want to make.

Like everything else in life, you must set goals. What are the minimum percentages you want to reach? Only this way will you know your performance

Do people really stay on their computers for hours and hours looking at the markets?

Yes. If you want to have good results.
sr. member
Activity: 322
Merit: 251
November 14, 2016, 09:03:51 AM
#39
Yeah, trading requires a lot of waiting and waiting for the right time to strike. But that does not mean day trading is dead, simple.

Buy a coin at its "24hr low" price, sell at its "24hr high" price and make some profit.

Anybody can do that.
Anyone can do it if they know when those numbers are going to happen, but no one does.  It's nowhere near as easy as you describe.   I'd say most people who try to day trade end up pissing their money away.  Better to buy a lottery ticket and some beer.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
November 14, 2016, 08:58:23 AM
#38
I have realized that most traders set daily targets of profit they want to make. Do people really stay on their computers for hours and hours looking at the markets?

I don't think this is a good idea overall, setting daily targets in terms of profits when trading. When you see that you are not getting there, you will most certainly become reckless and prone to making shameful and probably devastating mistakes leading to losses, not profits. On the other hand, if you quickly reach your daily target, you may become self-complacent and possibly lose a lot of trading opportunities as well as profits thereof...

In other words, strike while the iron is hot!
sr. member
Activity: 574
Merit: 252
November 14, 2016, 07:24:13 AM
#37
I dont really get the reason why do you think so.
Im doing day-trading (scalping) of course mostly on forex, on EURUSD pair, however i've been trading with leverage on cryptocurrency,
 also scalping. It was really tough task, but 100% real. Why do you think it's dead? Actually the 1M chart moves pretty fast, according to forex Smiley
legendary
Activity: 1666
Merit: 1001
November 14, 2016, 07:04:13 AM
#36
it's really hard to set target on trading especially when you trade bitcoin with alt coin, the price of the coin is really unstable, but if you really want to make profit then you need to see the price movement every hours because sometimes the movement is really fast, but an experience trader know when to sell the coin, he doesn't need to stay 24 hours in front of the computer
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
November 14, 2016, 06:09:07 AM
#35
I don't know about everyone else, but I don't sit on the computer all day to make trades. I put in orders and wait for them to go thru and I check a few times throughout the day to see if any orders have cleared.

this is what usually everyone does.

the famous saying "buy low and sell high" is exactly this. the only trick here is to find the prices where you want to place your orders at and then wait for them to be filled.

also I have found that if you spread your orders a little, you can have a better time at trading. for example you should increment the price you buy at with an amount (or a percentage) you feel safe and place multiple of them.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
November 13, 2016, 08:08:50 PM
#34
I have realized that most traders set daily targets of profit they want to make. Do people really stay on their computers for hours and hours looking at the markets?
In my personally. i can say, it's yes.
Research and familiarizing with current trends is the key that most lack and this is why they cannot spot investment opportunities like major shifts in the market of a particular coin. Although some spot major shifts, chasing the bull has seen many losing money.

Sometimes the best trade is a No Trade. Roll Eyes


Nope, but the current trends are simply too short things. Some might have thought researching and familiarizing and not an important thing. but other were taking researching and familiarizing for an important thing.
Depending on their luck, it is becoming the wrong faith right now.
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