Topic: Does a Day Trader work with cryptos? (Read 240 times)
Become a trader we have to spend times to learn strategy and to make trading plan, and also we should be spend alot of times everyday to make research the situation of market to decide when best times to buy and sell. So day trader is one of the job that without boss and we can make target by self for target profit
You can trade day in cryptos. I do not like day trading because the knowledge about trading technical is very low. Usually, I only use RSI and MACD. I think long-term is the best trading.
The trader's working object is crypto, so the trader must work with the password every day. If he does not work with cryptography he will not have the object to execute the transaction Translate
Hi.
Does a Day Trader work with cryptos?
Does Anyone is doing a Day Trader?
thank's
yes, you can trade day on crypto and most importantly you should have free time to keep monitoring the crypto price movement. besides that, of course, must be selective in choosing crypto for trading so that you do not get loss in doing day trading activity on crypto because trading is activity which has high enough risk. Does a Day Trader work with cryptos?
Does Anyone is doing a Day Trader?
thank's
In my opinion day trading in crypto will be profitable if we do it in MT4 platform because this platform allow to make profit from long and short open potition. I did it and trade on this platform is more efisien because avalaible stop loss and trailing stop. Profitable or not also depend on the strategy and trading plan each trader.
From my thoughts, being a day trader is possible with the help of lots and lots of exchanges around the globe to provide with the trustworthy service. Day traders can be successful when they have good sum of funds, because only with that one can earn a small amount even when the fluctuation happens in a minor level.
Some traders consider it as their job.
Quit their day job and tried their luck within the crypto field. It is not a bad thing for they can profit a lot if they got to know how and when the fluctuation comes.
I got to do it also making profit of $200 but it took a little time.
I need more practice. If theyxan do $50 a day then it will be a happy trading.
Quit their day job and tried their luck within the crypto field. It is not a bad thing for they can profit a lot if they got to know how and when the fluctuation comes.
I got to do it also making profit of $200 but it took a little time.
I need more practice. If theyxan do $50 a day then it will be a happy trading.
Hi.
Does a Day Trader work with cryptos?
Does Anyone is doing a Day Trader?
thank's
Does a Day Trader work with cryptos?
Does Anyone is doing a Day Trader?
thank's
There are lots of traders here in this forum mate, but long-term traders are much more than day traders. Because it takes more risk in day trading that can cause you to lose a lot of money if you don't fully understand the market of cryptocurrency, because it has a high volatility of its market that could be so hard for anyone to predict of its price.
Yes, it does. Why would it not? As long as you have a good understanding of the market and you are up-to-date, then you are likely to win more than you lose. I would be lying if I said it is impossible for beginners because some of them get really lucky, but it is still hard. As a starter, you should make a decision on whether you are starting a long-term trading or daily trading. Once you make up your mind, choose the coin you are going to trade with. Luck must be by your side!
Hi.
Does a Day Trader work with cryptos?
Does Anyone is doing a Day Trader?
thank's
Yes, to my opinion, day traders involve themselves in cryptos more than any other categories of people in the crypto ecosystem. They'd have to follow up on so many coins so as to get the best ones to join and trade Does a Day Trader work with cryptos?
Does Anyone is doing a Day Trader?
thank's
yes there are many traders I know that do day trading with cryptos and some of them are paying good but some have lost all of their investment because of stress and emotions.
I am not sure if day trading will work with crypto, if it worked perhaps just for some of them with big volume such as Bitcoin or Ethereum. For any other alt coin with has low volume, seems day trading will not work.
How does volume affect daytrading success? I do not mean altcoins with 100k trading volume a day, but is there any difference if its $100 mil or $500mil/day?Yes surely volume affects the day trading as if the volume is high then the movement is also big so if you trade in volume then small movement with big volume will give you immediately profit in day trading.
Hi.
Does a Day Trader work with cryptos?
Does Anyone is doing a Day Trader?
thank's
A lot of people doing it , a make a good profit from daily trade . It's not that easy u should have a lot of knowledge how to trade . I recommand u if u are now in tihs to better study first bcs it not that easy like buy when it is low and sell when it is high . Does a Day Trader work with cryptos?
Does Anyone is doing a Day Trader?
thank's
LMAO are you serious? you do not even know what day trading means, why are you opening this thread if you do not even know what you are asking for?
Hi.
Does a Day Trader work with cryptos?
Does Anyone is doing a Day Trader?
thank's
I think if you are a newcomer to the crypto market then you need to find out carefully, you can see that bitcoin prices are continually decreasing during the past few days, the market is in the bearish cycle for a long time In order to be able to trade successfully you need to trade short-term by day. You need to analyze accurately, combine with market information and always keep track of bitcoin prices. Does a Day Trader work with cryptos?
Does Anyone is doing a Day Trader?
thank's
All you need is a mentality of a trader, it doesn't matter are you day-, swing-, or position trader. It's all about different timeframes 
daytrading is very risky for new traders don't try to day trading you can try buy coins and hodle thats the best way i think.
Day trading is really risky investment but no one is experienced in any field. Because first we should take some steps then only we will gain knowledge in that field so new traders also make good profit in future. But new traders are little bit gain some knowledge technical analysis automatically they will make profit in day trading. 
Full time traders, day traders are active in all different kinds of markets.
The younger ones, who got into trading a few years ago and are tech focused indeed make lots of their money in the crypto market.
But some are also trading in the traditional markets like forex, stocks, penny stocks or are commodity traders as well.
If you are skilled and have a decent sized trading account, you can trade whatever you want. But the crypto space is still very new and therefore many participants are not that much experienced. Veteran traders of course take advantage of that.
The younger ones, who got into trading a few years ago and are tech focused indeed make lots of their money in the crypto market.
But some are also trading in the traditional markets like forex, stocks, penny stocks or are commodity traders as well.
If you are skilled and have a decent sized trading account, you can trade whatever you want. But the crypto space is still very new and therefore many participants are not that much experienced. Veteran traders of course take advantage of that.
There are lots of people who daytrade in crypto (check out QuickFingersLuc on youtube for a professional day trader), however it seems that most of these people have experience from trading in stocks. You can just get into day trading crypto, but it's definitely something that improves as you become more experienced.
Lots of people made a ton of profit day trading crypto, because really you could have made a bad trade and lost Eth, but still make a profit in USD. Now that the market is going down, it's a lot riskier and difficult to do. It's still totally possible.
Lots of people made a ton of profit day trading crypto, because really you could have made a bad trade and lost Eth, but still make a profit in USD. Now that the market is going down, it's a lot riskier and difficult to do. It's still totally possible.
Totally !
I don't think that it could be any less profitable than the stock market if not more.
You know sometimes you can be lucky enough to get great profit in just couple of hours, but the key is " being active" , keeping up with the price every second, keeping the notifications on for the hike in price.
Holding for long term sure does have unspoken benifits but at the same time you should remember how it could result in a complete loss too.
I think if someone is willing to invest time in it then day trading is the best.
I don't think that it could be any less profitable than the stock market if not more.
You know sometimes you can be lucky enough to get great profit in just couple of hours, but the key is " being active" , keeping up with the price every second, keeping the notifications on for the hike in price.
Holding for long term sure does have unspoken benifits but at the same time you should remember how it could result in a complete loss too.
I think if someone is willing to invest time in it then day trading is the best.
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