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Topic: day trading for quick profit - page 21. (Read 2301 times)

sr. member
Activity: 616
Merit: 251
April 15, 2018, 06:00:33 PM
Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?

Day trading is only good if you are an expert trader who knows how to read graphs and other stuffs. Day trading would give you instant profit or big lose. I try it and able to recover my previous loses but still in the end I able to buy coins that I think would pump more but suddenly goes down and down and never recover its price.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
April 15, 2018, 05:28:53 PM
Quick profiting is the one that makes most of the early users get trapped into scams. The reason is that, with the thinking to make an quick earning they focus on trading without knowing the risk in it. Some will be lucky to earn at the beginning, while majority end up losing.
Earning in day trading is actually applicable,as long as we have time to watch the market overtime, but make sure to study the chart. It needs to much effort to make it possible but it can really be profitable.
hero member
Activity: 798
Merit: 501
April 15, 2018, 04:29:16 PM
50$ is so small for the day trade.Actually if really you want to do daily trade than try to take a big amount like $500. with $500 you can daily earn 8-15% surely if you can read the chart and can do the proper trade. although 8-15% is to much hard but its not impossible.

Are you sure we can earn that much? I mean come on dude 8-15% is very high amount in a day trade as long as you are not going to stay with trades for whole 24 hours! The thing is my friend, with today's fluctuations it is getting really really hard to trade and earn that much in single trade. You never know how much your portfolio will get disturbed with these kind of volatilities. The crypto itself is getting weird due to huge FUD's and stuff like that. That impacts a lot on your day trades and you may not end up having proper trade. Plus there could be more loosing than winning and guess what its the first part that i am worried about. Many times i believe that its getting hard to do this due to the factors that i have mentioned up here.
Yes that is not so easy to get 8-15% in day trading, to me i think that if a person is getting 2 to 3% profit from day trading that is also a good income, and one can spend a good time with such amount, to me although i have little experience in day trading, but still some time i also get a good profit from day trading. I personally like day trading from which we can really get a quick income.
legendary
Activity: 1512
Merit: 1041
April 15, 2018, 01:55:27 PM
When I have started learning Crypto, I was reading hodl advice all over the place and adopting. Luckily I have sold Eth despite of that two months ago and avoided a huge crash. I could now buy at least three times more Eth for the same price. And two to three times more btc.
Trading requires lot of time, devotion and concentration. It is a great thing to learn but needs to be played very carefully, and with no greed.
Okay, it is good you got lucky and sold, but from the look of things, you either did not sell because you saw the crash coming or you used some indicators to make those decisions, but you just sold at the peak, got lucky and now you are looking forward to buying more.

However, this is what I want you to understand, you may be lucky now but that does not mean you will get lucky tomorrow. It pays to trade, but you will be in an emotional state and a gambling state, if you are actually doing it without knowledge and strategy.
member
Activity: 527
Merit: 10
Join Ixinium
April 15, 2018, 11:33:57 AM
You can make some bucks by doing day trading, but it is not the best strategy, you can lose a lot of money if you do not know what you are doing in there.

I like to daytrade, but it is not the best thing that i love to do..

There are other sources for making bigger amounts of money, like short term trading.
full member
Activity: 361
Merit: 106
April 15, 2018, 11:11:27 AM
Quick profiting is the one that makes most of the early users get trapped into scams. The reason is that, with the thinking to make an quick earning they focus on trading without knowing the risk in it. Some will be lucky to earn at the beginning, while majority end up losing.
well that should be avoided, we can not get the benefits quickly we should be able to analyze the coin and can not get profit with instant. it is wrong thinking and must be repaired.
there is no instant here making to be more patient are good to be than you think that you have to earn quickly this make things more difficult when you are doing things in a quick method.
hero member
Activity: 812
Merit: 510
April 15, 2018, 10:35:06 AM
I finally found best day trading pair and it isn't bitcoin or ethereum it is litecoin i see the price changing by 10-20$ daily and with the price of litecoin just 3% of current bitcoin price you can easily make profits higher profits with lesser risk involved trust me try it once
I think that this is a rather tempting offer, as I used to pay attention to fluctuations in the price of coins in 5%. This gave me a profit on the difference in price to several hundred dollars a day.
Again that would have been possible in the earlier days when price of bitcoin was lower than what it is today , earning couple of hundred dollars today would require maybe 2 or more bitcoin. Solution to this would be trade with coins which have relatively less price than bitcoin
member
Activity: 279
Merit: 11
April 15, 2018, 09:21:11 AM
before you go in trading you need a lot of knowledge about how to be successful trader and you need to know about coins in crypto it is important that you know everything before you trade.
full member
Activity: 336
Merit: 100
April 15, 2018, 08:35:52 AM
Quick profiting is the one that makes most of the early users get trapped into scams. The reason is that, with the thinking to make an quick earning they focus on trading without knowing the risk in it. Some will be lucky to earn at the beginning, while majority end up losing.
well that should be avoided, we can not get the benefits quickly we should be able to analyze the coin and can not get profit with instant. it is wrong thinking and must be repaired.
newbie
Activity: 196
Merit: 0
April 15, 2018, 08:32:41 AM
Your profit depends on your capital, "the greater the risk the greater the reward" just be sure to invest what you can afford to lose.
hero member
Activity: 994
Merit: 502
April 15, 2018, 03:10:49 AM
Quick profiting is the one that makes most of the early users get trapped into scams. The reason is that, with the thinking to make an quick earning they focus on trading without knowing the risk in it. Some will be lucky to earn at the beginning, while majority end up losing.
newbie
Activity: 224
Merit: 0
April 15, 2018, 02:57:17 AM
Its very difficult day trading because its very risky so my opinion is some skill and experience are needed for day trading
sr. member
Activity: 910
Merit: 371
April 15, 2018, 02:41:39 AM
Man there are a lot of different videos of day trading on YouTube, use them
Usually, it's a tactic with Stochastic and Bollinger Bands, try to find
If to talk about the sum, it depends on your investments
But remember managing your risks!
hero member
Activity: 1036
Merit: 520
April 15, 2018, 01:53:40 AM
Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?

it depend on your capital , you need to think about percentages not with the number!
1% profit daily seems usual if you are good at trading and it means you need to have 5000$ capital to make 50$ from it with 1% profit daily , if you got less capital , you need to think about higher percentages which increases the risk too.
full member
Activity: 434
Merit: 102
April 15, 2018, 01:10:57 AM
Being a college student I prefer the daily trading because it gives me enthusiasm for the every next day
Day trading is a very good way of making more money and that too in lesser time but the thing is it is not that much easy thing to do and that we need to take it very much seriously if we really want to make out anything good out of it. You can do that while studying but then you need to manage your time in a way that you can concentrate on both the things without affecting each other and that you need to do the things according to the situation.

full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
April 14, 2018, 10:04:38 AM
For me day trading is very risky because you make alot of trades in a day and want to reach your specific goal for the day and stop and $50 is a big profit to get but it's very possible.
Day trading is risky and only suitable for who i doing this as their full time job,and the required target of $50 can be achieved if he has the good amount as the capital investment it is not possible with small amounts and can't be achieved daily too because it is up and down market so never expect the profits always be ready for anything but it is worth to do for quick profits.
hero member
Activity: 952
Merit: 500
April 14, 2018, 08:13:44 AM
If you have a huge capital investment,its quite possible.Earlier los of traders did day trading to make quick profits.But when they witnessed bitcoin price steadily increasing,most of them just decided to buy and hold bitcoins instead of day trading and taking risks for such small profits.

BTC-USD seems to  be the best option for day trading.
sr. member
Activity: 616
Merit: 250
April 14, 2018, 07:24:39 AM
For me day trading is very risky because you make alot of trades in a day and want to reach your specific goal for the day and stop and $50 is a big profit to get but it's very possible.
sr. member
Activity: 574
Merit: 251
April 14, 2018, 07:13:06 AM
50$ is so small for the day trade.Actually if really you want to do daily trade than try to take a big amount like $500. with $500 you can daily earn 8-15% surely if you can read the chart and can do the proper trade. although 8-15% is to much hard but its not impossible.

Are you sure we can earn that much? I mean come on dude 8-15% is very high amount in a day trade as long as you are not going to stay with trades for whole 24 hours! The thing is my friend, with today's fluctuations it is getting really really hard to trade and earn that much in single trade. You never know how much your portfolio will get disturbed with these kind of volatilities. The crypto itself is getting weird due to huge FUD's and stuff like that. That impacts a lot on your day trades and you may not end up having proper trade. Plus there could be more loosing than winning and guess what its the first part that i am worried about. Many times i believe that its getting hard to do this due to the factors that i have mentioned up here.
sr. member
Activity: 1274
Merit: 252
April 14, 2018, 06:45:44 AM
Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?
To earn $ 50 profit per day you also need a lot of capital, because day trading takes only a few percent profit, although it can also be a lot because the movement of crypto can not be expected, but in general I only take 1% -5% increase.
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