day trading effective? - page 13. | Bitcointalksearch.org

yhoga45

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Quote from: Luckym7 on May 06, 2018, 05:31:35 AM

I’m a crypto currency trader so in this moment I’m start day trading because if you want to make money with a short time so you must start day trading without day trading no one can make a short time profit. Day trading is very effective for crypto currency trader but who don’t know crypto currency trading they can’t start day trading if any newbie start day trading without any analysis they must lose his money so I just suggest to everyone to analysis coin market then start your day trading.

Could you share please how much money at least for do day trade? If you are doing day trade are you select a single coin or maybe 2, 3 coins? I want to start learning, but I'm confused how much that I need (is $50 enough for start?)

Luckym7

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I’m a crypto currency trader so in this moment I’m start day trading because if you want to make money with a short time so you must start day trading without day trading no one can make a short time profit. Day trading is very effective for crypto currency trader but who don’t know crypto currency trading they can’t start day trading if any newbie start day trading without any analysis they must lose his money so I just suggest to everyone to analysis coin market then start your day trading.

Joriecoinbit

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Quote from: MidKnight on May 05, 2018, 09:23:41 PM

My advice is make it a weekly trade and not everyday. Your consuming too much time but the profit is very little in daytrading and I know that because I've done it before. Coins do not move their prices everyday so it's clear that day trading is not effective.

When having a wonderful strategies it is possible to gain quick profit when daily trading but the process also risky ,for us to be secured wait a couple months or take long term invesment where it has a chances to take more enormous profit.

MidKnight

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My advice is make it a weekly trade and not everyday. Your consuming too much time but the profit is very little in daytrading and I know that because I've done it before. Coins do not move their prices everyday so it's clear that day trading is not effective.

Pattart

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Quote from: lordmick on May 03, 2018, 02:17:53 PM

Day trading will be effective if trader has big experience and knows technical analysis and fundamental analysis and moreover know how to use them together. For newcomers best strategy is just buy and hold for a long time.

Thats true. trading has a big enough risk because each coin has a high fluctuation. if you don't have extensive experience and a lot of knowledge about trading and cryptocurrency will certainly increasingly risky trading you do. daytrading will be effective if your skills and knowledge are a lot about crypto. so you can know when the time is right to buy and sell in a short time

stadus

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Quote from: sopromat on May 05, 2018, 01:43:18 PM

Day trading is only for professional that already got a lot of experience and for the people that got a lot of time to study the market, for beginners I don't suggest day trading, day trading can be really profitable if you got the skills.

Profitable for people that takes years here in crypto that had been study well how does the market may ever have to move for specially on a worst thing that may have the possibility to happen in this currency while they have to trade.

It does not have to take years in order to be profitable, you just have to be smart to be an effective day trader.
Everyone has a different comprehension level and some are really gifted that they can easily do effective method in just a short period of time.

sopromat

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Day trading is only for professional that already got a lot of experience and for the people that got a lot of time to study the market, for beginners I don't suggest day trading, day trading can be really profitable if you got the skills.

hurriebra49

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Yes in good market position day trading is effecting positively and makes you able to get good amount in daily basis and you have a good path to earn good money on daily basis by only just keeping the good position of the market and you will pass the daily trade according to the strategy,

swscowods

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Yes, day trading is profitable, but that doesn’t someone who doesn’t have the necessary skills that are required for trading would be able to make profit from it, you will have to learn it first and know what your are doing before thinking of being a day trader. But mind you, the profit doesn’t come at all times. If you’re watching trade videos on YouTube, YouTubers won’t let you believe that you will ever lose money in this… rather they will make you feel like there are no risks involved.

semobo

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Normally experts says that doing day trading is just a waste of time because it nevr give any profits like holding do but if we can do that trading in the smart ways we can even make good profits from it.But holding is much easier and more profitable than the day trading.

tonjeng didejeh

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day trading will be effective if you know what you are doing, you should use a large capital to start day trading because if using a small capital then it is not effective

Opekin

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Quote from: lordmick on May 03, 2018, 02:17:53 PM

Day trading will be effective if trader has big experience and knows technical analysis and fundamental analysis and moreover know how to use them together. For newcomers best strategy is just buy and hold for a long time.

That's true and a trader who has a wide range of skills and experience will more likely have an expertise to adjust in any form of trading. It becomes effective if you win and able to have a good trades in that kind of market but if you cant do it its better to stay away from it and hold some coins.

Starscream

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Absolutely, I would approve it based on their opinion and predictions and whether they decide to sell or hold it would be their own choice.

lordmick

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Day trading will be effective if trader has big experience and knows technical analysis and fundamental analysis and moreover know how to use them together. For newcomers best strategy is just buy and hold for a long time.

Blessed J

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Day trading is definitely very effective and profitable. In day trading, all that one requires is much time, patience and effective research. When one is able to consider all these points, day trading can be very effective. It is amazing how I can make respectable amount of profit within a short time of day trading.

BLACK LEG

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I think day trading is not effective because it can not make us get the most profit, I admit it is fun but holding is more profitable

Agat22

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Intraday trading is possible on instruments with a rather long history. It is better to trade through a broker with a MetaTrader or another program to be able to create your own trading system. Without it it is difficult to count on success.

korong ajem

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day trading is fun because we can make a profit quickly, but day trading wastes our time and this has a big risk, I think day trading is not effective

luffare

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Day trading is very exhaustive work. Profit is not predictable and you have to be ready every day to lose some money!

robotrobert

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Quote from: logicgate on March 20, 2018, 11:33:04 AM

Quote from: buharikx31 on March 19, 2018, 08:26:40 AM

Quote from: worldtraveller321 on February 28, 2018, 10:12:05 PM

questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?

It’s really possible to earn even on daily tradings, but more risky then investing in to long time perspective but if to compare daily attempts it familiar to forex which is not relative

Day trading is the most beneficial form of trading out there but all big things come with big risks too. It is not easy to make money by day trading as it not only requires good understanding of the coin but some faith and guts too because the chances of facing loss are far more than those in long term trading or just holding. But only day trading can help a person to make money even when the coin is going through a downfall.

Every form of earning from bitcoins is amazing. You can go for any option based on your experience or your interests. Some people like to go for complex things and they want early profits. They don’t care about the quantity rather their main focus is by hook or crook something must be coming every day or every other day. Unlike long term investment, these people are getting profits in shorter periods of time.

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