day trading effective? - page 3. | Bitcointalksearch.org

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: ondabeat on May 29, 2018, 05:40:57 AM

although you continue to monitor prices every day to get the right time to sell and buy because the market is so unpredictable and apart from volatility there are some whales in the market that continue to manipulate prices. And especially in altcoin which is very sad too because of its situation in the market.

That manipulation will never be solve, we just need to be educated so we can always make a smart decision.
Day trading is always effective because it's proven that some people are making money, in fact they make a living in trading because they have skills.

ondabeat

newbie

Activity: 104

Merit: 0

although you continue to monitor prices every day to get the right time to sell and buy because the market is so unpredictable and apart from volatility there are some whales in the market that continue to manipulate prices. And especially in altcoin which is very sad too because of its situation in the market.

Jericka D Ranillo

member

Activity: 252

Merit: 10

Not at the moment, day trading us advicable if the market healthy. If the price is going pumping in everyday and even do dump it will recover in just an hour. Unfortunately our current situation is in dump, so long. So prefer to hold not to trade. Waiting for the bear months .

streazight

hero member

Activity: 910

Merit: 502

Quote from: GrayFullbuster on May 22, 2018, 12:04:06 PM

Quote from: worldtraveller321 on February 28, 2018, 11:12:05 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?

Yes it is! There are a lot of opportunities that we can get from day trading. I can earn 5%-20% of my investment by trading daily, It is true that it is hard to earn money in day trading that's why we should have many techniques before we trade daily.

Day trading and trading at any time is effective if you handle the process according to the rules and principles of market and the current external conditions. If the external conditions are favorable then you will surely get the benefit of it while in unfavorable conditions you will get the disadvantage if you make wrong decision. In order to get rid of disadvantage then you should hold the coins with patience.

nominee

sr. member

Activity: 281

Merit: 250

Quote from: Pixmartz on May 27, 2018, 06:35:12 AM

Currently the effective time for trading is Monday to Friday, where in my opinion the forex and binary players are starting to plunge also in trading crypto actively participate in trading.
And do not trade on the weekend because there mafia and large capital group will many market transactions.

This is somehow correct, weekends are in low trade volume and you can't make day trade efficiently in weekends. In low trade volume, you be in danger and you may have loss as a result.

ershovspa

newbie

Activity: 144

Merit: 0

Quote from: sana9826 on May 22, 2018, 06:09:35 PM

Day trading is absolutely risky, it's not advisable if you have no good strategy. When the price all red, it could be profitable if you do the right thing to revolve the price. If you get profit 1%, that's called profit however amount profit you got. But i think it's impossible to get big profit by daily trading.

You don't need to make a big profit on day trading.
Every day 1-5% is good and at least once per month comes that golden opportunity and you make loads.
It's important to "stay above water".

elbimbo012

full member

Activity: 476

Merit: 108

Quote from: worldtraveller321 on February 28, 2018, 11:12:05 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?

day trading is only effective for experienced trader cause you need to constantly monitor chart and price movement if your reading or forecsst is wrong then probably you will losing your money

Parabellun1917

member

Activity: 462

Merit: 10

Quote from: worldtraveller321 on February 28, 2018, 11:12:05 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?

I think that there are practically no such people, successful traders who trade during the day on the red market. Crypto currencies is too unpredictable.

Pixmartz

sr. member

Activity: 518

Merit: 251

Currently the effective time for trading is Monday to Friday, where in my opinion the forex and binary players are starting to plunge also in trading crypto actively participate in trading.
And do not trade on the weekend because there mafia and large capital group will many market transactions.

TrollinU

member

Activity: 152

Merit: 10

https://eloncity.io/

I think, that day trading is effective if you have knowledge and experience. But if you don`t have enough skill, you can use long-term trading. It`s easer, but needs time and you need to find good project. But it`s not easy. So, I know one project, which can make you richer. It`s TraceTo. This is a decentralized KYC network, which uses AI and SmartContract to identify. I suppose, that it will be in demand, cause companies need to verify their clients and stop machinations. And this can promise you a good earns

cheezcarls

hero member

Activity: 2254

Merit: 658

Looking for gigs

Quote from: worldtraveller321 on February 28, 2018, 11:12:05 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?

I did tried day trading today, but ended up with a very small profit. Unlike my friend who is a pro trader, he had made a huge one, from 10k tokens to 61k tokens with a profit of 51k by just applying the basic principle of buy low and sell high. There’s always risks when it comes to day trading, and we should always be prepared for it.

KobeBriant 24

member

Activity: 205

Merit: 10

It is effective, but you are always exposed to lose a lot of money if the price suddenly goes down and you lose a five percent or so, i think that it is always happening to me, and to a lot of people. That is why daytrading is a little bit risky

Lang09

full member

Activity: 350

Merit: 111

Well I think it's very effective if you are smart to analyze the market, as we saw yesterday all the coins have a very drastic increase, on average up more than 10%, and see today they all back down almost 10%, but if you are smart to take advantage of the situation, you can get a very good profit

htconem7

member

Activity: 294

Merit: 10

Quote from: worldtraveller321 on February 28, 2018, 11:12:05 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?

You may find that at the present time bitcoin prices are constantly fluctuating, so now I think you should trade by day to be able to lose profits safely and minimize leaks. . You need to analyze in the short term and always follow all the information to be able to handle any situation that may occur, I believe that bitcoin prices will continue to fall sharply today.

charlzyeby

jr. member

Activity: 182

Merit: 4

You have to be very good at day trading to make some good profit. It is not easy monitoring graphs all the time. You could lose some tokens or gain more in a matter of seconds. I prefer buying the dips and holding for a little more time.

Telybin

newbie

Activity: 114

Merit: 0

This is not the right time to trade the day. You should divide capital and invest in this market, then you hold them until the end of June. I believe this will be profitable for you.

Jupeter

full member

Activity: 378

Merit: 100

Quote from: valera10 on May 26, 2018, 06:31:37 PM

You are just a little panic on the forum create. I believe that such trade, you need to learn more in practice, and it is better to read more information.

Day trading is still effective for all those trader that are an expert and a pro, and for me day trading is really a good source of income but i knkw that day trading is not easy to do so even it js profitable i still not prefer to do day trading.

Redhead5

jr. member

Activity: 210

Merit: 1

Quote from: ershovspa on May 26, 2018, 05:06:42 PM

Quote from: mammusu on May 26, 2018, 04:42:39 AM

Day trading is not always effective. It depends on the market
these few days price of bitcoin and altcoins is going down if the situation like this, day trading is not good.

Well yeah now maybe isn't the best time for day traders but it's the perfect time to buy BTC and hodl.

Day trading is very effective but not this time because the market of all cryptocurrencies now are in red trends. We need to be patient at this moment and avoid panic emotion. What we really need at this time is to buy while the price of cryptos are in dip and hodl it for future investment.

Jlimao28

newbie

Activity: 266

Merit: 0

Day trading for me is good if the market is pumping. Whenever the price pumps everytime, we can sell our coins and when the price dumps instantly, we can buy some coins. It is more productive but it is not more profitable than a long term trader.

I do not try to be a daily trader since I am just starting. What I did right now, is holding my coins in a bucket then later on I sell them.

arbitragewin

newbie

Activity: 6

Merit: 0

Indeed, buy and hold is the right timing for now. In addition, arbitrage is the best option for now with limited risks on your position.

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