How do I become a Crypto day trader? - page 3.

jhongzjhong

full member

Activity: 798

Merit: 109

https://bmy.guide

Quote from: Anandhi on June 12, 2018, 12:55:37 PM

No pain no gain. Small risk for small profit, big risk big profit. That is the nature's law in almost every investment that exist in the universe.

A big check here, that's a good motivation for being a good day trader. Yes, of course, you need to learn first before to jump into the trading business and searching for the best decision is a must in trading because if you have error decision it might cause a failure in a field in trading. A risk is everywhere you need to face and have a good strategy to become a good trader and successful to earn a huge profit.

Btw OP I never used tools in trading because it won't help me searching is the best way there.
And of course, a screen monitor for graphics in price movement in the coins that I have in my portfolio.

GawirZZ

newbie

Activity: 168

Merit: 0

one of them is you have to sacrifice your time to monitor the market at any time because that is the most important thing and you should have capital two because daily trading is uncertain.

Anandhi

full member

Activity: 266

Merit: 100

No pain no gain. Small risk for small profit, big risk big profit. That is the nature's law in almost every investment that exist in the universe.

kulitmanggis

member

Activity: 233

Merit: 10

to be a daily trader's crypto you have to have expertise that can help you to determine which coin is suitable for the buy and has a good potential for the buy and the right time to sell coin.

mybtcasset

newbie

Activity: 238

Merit: 0

if u want to become a crypto trader then u should follow this website regularly on daily basis bitcoinwisdom.com u will learn the patterns of the market in technical and fundamental format

otundebis

full member

Activity: 630

Merit: 100

It is very important that you do not taking more trade than you can handle! Start trading with Bitcoin and gradually add solid Altcoin like Ethereum to your trading portfolio. If you venturing to another, make sure you know all that it is to such coin.

Cling18

full member

Activity: 1708

Merit: 126

Quote from: gotliv on June 04, 2018, 04:07:54 AM

What tools are you using to manage your daily trading? Which strategies are working best?

There are things that you have to learn in order to do trading successfully. You must have the eagerness and willingness to adopt all the changes here in crypto world. You should learn how to handle your emotions as well since there is no permanent value here in crypto world. Lastly, have patience.

naidray

legendary

Activity: 1232

Merit: 1029

Quote from: Torrenth on June 06, 2018, 11:07:44 AM

I think the first thing to note is the activity of the coin on the market, because it will be decisive for the future, because trading in crypto is high risk.

Trading in crypto is a high risk indeed but that is where knowledge and information comes to play as you cannot do well without those. So many people think they can just be getting lucky from trading, but there is actually more to trading than getting lucky as most of it has to do with making good use of your strategy to increase what you have which most of the time comes with some pretty crazy decisions that one has to make.

Trading becomes interesting only if you know what you are doing, otherwise, anyone without it is in for a very bad ride down the route of losing everything.

Cryptostocks

member

Activity: 195

Merit: 10

you will need to understand how trading works, otherwise you are going to lose a lot of money, and the most special thing, is that you are going to waste a lot of hours just trying to learn how to trade.

bitcad4u

sr. member

Activity: 602

Merit: 255

To begin day trading,you have to become technical strong.You will get that knowledge by the trading experience.You will not get that by surfing and studying the article.Day trading is buying and selling in a same day by the pump and dump in the price of bitcoin. Simply buying at dump and selling at pump in a day .

karungbitcoin

full member

Activity: 588

Merit: 100

To become crypto trader i think better you should learn it by join trading cource and follow some education of trading. Before jump in to real account is important to know what should be doing during trading. By join trading cource you will get many knowledge and skill about trading, like technical and fundamental analysis and also the important thing is to know how to make management of money and risk to minimize the risk in trading activity.

Bdstar

sr. member

Activity: 728

Merit: 263

You need to favor your luck if you want to make money from one-day trading because no one has any idea about the decentralized market. Not only that but also You can't imagine what will happen within an hour. So one-day trading is too risky to get involved in this platform.

damberg

full member

Activity: 658

Merit: 108

Quote from: gotliv on June 04, 2018, 04:07:54 AM

What tools are you using to manage your daily trading? Which strategies are working best?

Well, you asked one of the most complex questions in trading generally. There are a few decisions you should make before entering the market. It concerns the timeframe, expected daily and monthly percent and the strategy you will most likely "synchronize" yourself with. For being really successful (= consistent) in day trading you must think and live with your trading strategy - it is probably the only way to cope with fear and greed in trading.

Caroluxrex

newbie

Activity: 152

Merit: 0

if you are too lazy to look for information and learn from your own mistakes, then buy a good course on trading cryptocurrency

colkcolk

jr. member

Activity: 128

Merit: 1

Quote from: gotliv on June 04, 2018, 04:07:54 AM

What tools are you using to manage your daily trading? Which strategies are working best?

There are several things to be known in trading such as:
1. Technical Analysis to give you understanding the market through chart perception
2. Fundamental Analysis that will provide you the indication where will the market go which is impacted by news come to the market
3. Risk Management such as cut loss to prevent you more loss if you put wrong position, averaging, etc.

Torrenth

newbie

Activity: 196

Merit: 0

I think the first thing to note is the activity of the coin on the market, because it will be decisive for the future, because trading in crypto is high risk.

sajeebur rahaman

member

Activity: 224

Merit: 10

I love Beauty

Crypto Market Day Trading is a little deficit, If you do daily trading use 5 / and 13 MA Hope you get good results
thanks...

Amanda Safe

newbie

Activity: 3

Merit: 0

I will answer the direct question of this section. I became a crypto trader working on myself, on my way of thinking. I read a lot of books about trading and thanks to this I'm now where I should be .. So if you want to become a crypto trader, it's up to you now

hoavantathan

newbie

Activity: 196

Merit: 0

You should try. But in my opinion, you should invest 10% of your total money to altcoin and the rest of your money to invest BTC or ETH. Because ETH and BTC are the leader coins. When you invest altcoin, you can maintain your sensitivity of the market

gotliv

newbie

Activity: 28

Merit: 0

Thanks for the great answers!
Do you really manage to earn your living with daily trading?

Topic: How do I become a Crypto day trader? - page 3. (Read 451 times)