Trading is one of the hardest and really too much effort to spend job in field of cryptocurrency.
The risk here is very prominent since the market value of virtual coins changes every single moment.
Topic: how risky is day trading? - page 2. (Read 2429 times)
daily trading is also a good way, but this strategy is more suitable for the big fluctuation coins. and besides, if you dont have enough trading skills and time to follow the market 24/24, you should not trade.
With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?
Well if you already understand trading , then you know that the more you trade the higher the risk, i mean in total. In every trade you have a chance to lose.How risky is day trading at the moment?
Its just about the quantity in my opinion.
I think it is about a 30% sure win and 60% chance of losing your capital. Predicting is not enough knowledge in day trading. You can not assure that once you invested a capital, prices will go up. It can actually go down. It is not only you who day trades and patterns is not that helpful. The movement of charts can either be moved by investors, news, and traders because as we all know, in trading, alts are the most common coins used. And with these factors it becomes harder to predict prices.
Day trading is only profitable when you have a huge amount of capital in your wallet.Otherwise it will be very difficult to get the profit from your trade.But if suddenly the price dumps a lot, then the day trade become very risky.
and trading may also look to be good if you have the mindset to be that we can say you are good in trading how are you may also make some decision on which coin is what you may ever wanted for to trade.
Day trading is only profitable when you have a huge amount of capital in your wallet.Otherwise it will be very difficult to get the profit from your trade.But if suddenly the price dumps a lot, then the day trade become very risky.
With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?
Day trading is very risky because if you forget to cheek or monitor the value of the coins, your choices can result to the left the chance to buy or sell it. The value can’t predict every minute the value changes it might decrease or increase. The day trader doesn’t have fixed income they only use their knowledge and hardest time to research. Time is most important if you are day trader person. How risky is day trading at the moment?
Day trading is very risky for someone who does it without the knowledge and very profitable for someone who has all the knowledge and knows how to do day trading I never recommend day trading to a newbie because it can give them great losses.
Why would you need to have knowledge about altcoins before trading? you only need to know how to enter and how to leave the market, it is simple as that.
Stop confusing people in here, because there might be a lot of newbies in here who want to learn.
Stop confusing people in here, because there might be a lot of newbies in here who want to learn.
Day trading with altcoins are really profitable technique but the day trading with altcoins are extremely risky. You can easily lose your money if you don't have enough knowledge about altcoins.
Day trading with altcoins are really profitable technique but the day trading with altcoins are extremely risky. You can easily lose your money if you don't have enough knowledge about altcoins.
It definitely needs more experience than hodling, depends on the amount and potential leverage, it can be pretty risky if you are not 100% focused.
Risk factor involve every where but it is also experienced that more risk more profit.Study more about market and take decisions at time do not buy or sell in panic learn to be patient.Reading habit increase knowledge which help to trader properly.
I do not trade at all until it works.
I think everyone is aware that trading is not an easy thing to do because its risk is greater. However, trading helps everyone to double their money but there are things to consider first before you enter this process. Your knowledge is really important when you are planning to do day trading because the risk is very high and without proper education your money will soon gone
Yes, I realized that Bitcoin is more suitable for the long-term investment instead of daily trading. Because its price always have growth trend and it only reduces when there is some special news. Day trading only depend on luck, There is no time to observe or research any coin while we do day trading. Day trader only predict the price of the coin base on trend line, its not enough to make appropriated strategy
Risky as hell you me to demonstrate further? It's like walking on a bonfire with knowing you could burn yourself but still purchasing it anyways sometimes get lucky sometimes not but still worth it. It can also relate on life even though you get scammed in real life or digital life we still try sadly for those who tried enough.
Day trading is bit risky but it is not at all risky for the ones who are good at trading and those who know well about the things related to that of trading. Risk is everywhere, you actually need to minimize that risk by learning more things and gaining more experience. If he is willing to take a little risk then surely great results are coming along the way. If you don’t take much risk, believe me you wouldn’t be getting any better profit for you’re trading or investmen
I think everyone is aware that trading is not an easy thing to do because its risk is greater. However, trading helps everyone to double their money but there are things to consider first before you enter this process. Your knowledge is really important when you are planning to do day trading because the risk is very high and without proper education your money will soon gone
Counter trade is always more risky then trendy trading.Now a days overall trend is bearish.So its more risky day trading but if you have good back up and TA AND FA knowledge,you can cope up with the situation.
You cannot get the full potential earnings if you just buy then sell in a short term period. Also, the charges or fees are too high so you might end up loss because of that. It is better to hold and wait until you reached your desired income. If you have a plan to buy a bitcoin, day trading is best one. Because you can buy with low value in day trading only. In the end of the day, the price will surely increases and reach maximum
I think nowadays people do not need to do day trade because the price of bitcoin is increasing much faster and in that anyone can lose their bitcoin in some fractions. In nowadays people have to wait for the time when the price continue to increase. The market is so unstable and you may be trading now and before you know it the market is down and then you are breathing hard hoping it is not the road to the dip everyone has been expecting
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