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Topic: I dont like daytrading - page 10. (Read 2583 times)

newbie
Activity: 25
Merit: 7
February 09, 2018, 05:47:42 PM
Hodl is the best way. Trading just for skilled players. Take good care.
jr. member
Activity: 55
Merit: 2
February 09, 2018, 04:53:38 PM
Then don't daytrade. Make long term investments.
full member
Activity: 2086
Merit: 193
February 09, 2018, 04:35:16 PM
Day trading is very risky so if you don't want to take more risk you should not start doing that in the first place. Always assess yourself on how much risk you can take cause every decision here will matter and it can affect your financial status.
hero member
Activity: 2716
Merit: 698
Dimon69
February 09, 2018, 04:28:37 PM
Daytrading is for very skilled and those who have plenty of time or trading is their only occupation. Otherwise it's very hard to be successful and this type of trading is very risky although the profit could be great especialy when the situation on the market is like. I can understand the feeling that you have and daytrading might look very agressive but still it's the one of the most popular and profitable forms of trading.

I agree with you, daytrading is one of the most popular and profitable trades but apart from that daytrading also has a very high risk, we must prepare our mental first so that in any situation we are ready to gain profit or even in a loss.

One problem is that people want to jump into day trading almost immediately and that is a huge mistake, at first you need to become an investor and see if you are able to make money that way then begin to shorten the span you hold your coins until you get to the point in which you only hold for a day, if you follow that simple plan daytrading is not going to be as overwhelming as it is for some newbie trying to daytrade.
this is may always just be depends on what may people may come to an ever to be that we are able to see some improvement then daytrading are may be as a good enough to be we cant say that everything may ever be look like that this is not a good one but seeing this is your way of improving to be.
member
Activity: 532
Merit: 10
█ J A X N E T W O R K █
February 09, 2018, 04:05:35 PM
You can like it or not (and I agree, it's a very hard activity, that requires high skills, concentration and high resistance to stress), but it's the only activity that can make you rich with a relative modest initial capital.
With a so high volatility, you can really make fantastic profit.
Day trading also helps many investors to make big profits but they are professional investors and in the up market trend, if the market is going down you can not get profit if you trade day trading. To trade success day you need a lot of market knowledge and candlestick chart analysis. I advise new investors to enter this market should not start with day trading because it will take your lot of your property due to market volatility too large. Please believe me because I have experienced that stage so I know very well.
member
Activity: 158
Merit: 11
Omnity - Unifying Knowledge For Faster Insight
February 09, 2018, 02:38:13 PM
You can like it or not (and I agree, it's a very hard activity, that requires high skills, concentration and high resistance to stress), but it's the only activity that can make you rich with a relative modest initial capital.
With a so high volatility, you can really make fantastic profit.
member
Activity: 238
Merit: 10
February 09, 2018, 04:11:47 AM
Even though much profit can be made. And i did a bit. But truth is... i dont like it. It gives me a weird unpleasant feeling. Because to me its just swapping air if all u buy and sell for is money. I love crypto and to me it feels like daytrading is raping it. Ur not really standing behind the idea and product anymore. Im not hating on daytraders or anything. Just doesnt seem my thing. I allways had the same in poker, taking lunchmoney and the game is what its about to me. Whenever i played higher stakes it just didnt felt right and even when i won a nice bit it even depressed me.
We can see in the last two days bitcoin prices are stagnating at the $ 8400 price because of the huge obstacles from the sale is extremely strong. The slowdown makes investors unable to trade, if trading at this time it will be extremely dangerous when the $ 8600 level can be broken at any time and the price of bitcoin will be reduced. milestone $ 5000. So trading at this time is extremely dangerous.
member
Activity: 273
Merit: 11
February 09, 2018, 04:06:54 AM
It seems that there is an obvious aspect too often neglected by people that starts to trade:
trading is a difficult and risky activity that - before to become profitable - require lot of study and experience, and a specific mind set.
Without this, trading is just gambling. And daytrading becomes just an online casino.
member
Activity: 350
Merit: 12
February 08, 2018, 12:15:26 PM
Daytrading can bring you big profits, if you are skilled, but - actually - it's very addicting, and there is the risk to neglect family, friends and health just to stay all the day in front of some charts!
Btw, if you can discipline yourself, it's the best way to profit from trading.
member
Activity: 294
Merit: 10
February 08, 2018, 01:39:32 AM
There are too many people work in this online industry and most of the people like day trading and I’m also work with day trading, My brother is a day trader and he make a daily profit with his day trading, I’m also make a some profit with day trading but if you invest with a low investment in this trading aria so you can’t make a huge money in a day. If you want to make a huge money with day trading you must invest minimum one thousand dollar then you start trading hope you like day trading.
sr. member
Activity: 994
Merit: 257
February 07, 2018, 10:35:42 PM
Daytrading is for very skilled and those who have plenty of time or trading is their only occupation. Otherwise it's very hard to be successful and this type of trading is very risky although the profit could be great especialy when the situation on the market is like. I can understand the feeling that you have and daytrading might look very agressive but still it's the one of the most popular and profitable forms of trading.

I agree with you, daytrading is one of the most popular and profitable trades but apart from that daytrading also has a very high risk, we must prepare our mental first so that in any situation we are ready to gain profit or even in a loss.

One problem is that people want to jump into day trading almost immediately and that is a huge mistake, at first you need to become an investor and see if you are able to make money that way then begin to shorten the span you hold your coins until you get to the point in which you only hold for a day, if you follow that simple plan daytrading is not going to be as overwhelming as it is for some newbie trying to daytrade.
full member
Activity: 182
Merit: 100
February 06, 2018, 05:58:25 PM
Even though much profit can be made. And i did a bit. But truth is... i dont like it. It gives me a weird unpleasant feeling. Because to me its just swapping air if all u buy and sell for is money. I love crypto and to me it feels like daytrading is raping it. Ur not really standing behind the idea and product anymore. Im not hating on daytraders or anything. Just doesnt seem my thing. I allways had the same in poker, taking lunchmoney and the game is what its about to me. Whenever i played higher stakes it just didnt felt right and even when i won a nice bit it even depressed me.

I dont like it either. Takes away so much time, helps you lose focus of the big picture and whats possible.
full member
Activity: 196
Merit: 100
February 06, 2018, 05:57:50 PM
I both love and hate day trading. I work on the computer anyway, so I always have a few exchanges open, watching what's going on. I've made some great trades and I've made some terrible trades. The big thing I have to nail into my head and work on is patience. If it goes down, it almost always at some point returns to where it was.
sr. member
Activity: 672
Merit: 251
February 06, 2018, 02:49:13 PM
Pretty much of a great choice Smiley. People used to think that they can be rich within a day or a week. That's how people thinks. And actually it is a bad habit. And the best trades are long term hodl. In which get into a good position and hodl. And after that you can win trades I'm telling you!
hero member
Activity: 2996
Merit: 609
February 06, 2018, 02:43:36 PM
If you hate trading that much and you think that way. Don't push yourself, it won't help you, and it wasn't healthy also.

For me, i also fascinated with crypto currencies and really amazed on the ideology why it was created. Every single crypto exist for a reason.

Why not used exchanged just to collect more cryptos and don't do trading.

Right, nobody pushes you doing it. However, today day trading strategy can be a very wise decision. The market shows high volatility.

Day trading does not suit for everyone, it needs full of knowledge in cryptocurrency and patience. Instead of choosing day trading we can just buy our fav coins and hold it for some time means we can make a profit.

I am also not too comfortable with daily trading, somehow more loss than profit but maybe because my trading abilities are lacking expert and I was too tired and do not have time to do daily trading.
I prefer long term trading, it more comfortable, fit and get profit to me.

Yes in day trading we will get more loss if you choose any shitcoins and if you don't have time means for you long term investment is good.
Day trading would really wreck you out in a short period of time if you dont know on what you are doing. It doesnt really suit anyone to use this kind of trading and only a few could manage to be profitable with this.If you dont have any experience on doing trading then dont tend to use this kind of way because it would be easy as it sounds but if you are already on actual then all things will really be confusing.
sr. member
Activity: 484
Merit: 251
February 06, 2018, 02:17:41 PM
Everyone has their own trading strategy and you can not force the others to follow yours. IM a daytrader and I do know who awesome daytrading is. It is very easy to earn money every day (approximately 5% each day). However, you need to have a strong head and you need to be the one who can control your own emotion because if you make a wrong move, you will lose a lot of money
member
Activity: 196
Merit: 11
February 06, 2018, 09:51:39 AM
Day-trading is for those people who have got tons of experience and have been trading for years. Only they can make a good profit. It is not for the beginners, who have got no experience.
full member
Activity: 528
Merit: 100
February 06, 2018, 09:50:52 AM
Even though much profit can be made. And i did a bit. But truth is... i dont like it. It gives me a weird unpleasant feeling. Because to me its just swapping air if all u buy and sell for is money. I love crypto and to me it feels like daytrading is raping it. Ur not really standing behind the idea and product anymore. Im not hating on daytraders or anything. Just doesnt seem my thing. I allways had the same in poker, taking lunchmoney and the game is what its about to me. Whenever i played higher stakes it just didnt felt right and even when i won a nice bit it even depressed me.
Day trading for me is really profitable. I am using the volatility of some of the cryptocurrencies for me to earn profit. I am using many strategies in day trading for me to earn many bitcoins. You should study more about day trading for you to not lose again in day trading.
legendary
Activity: 1148
Merit: 1006
February 06, 2018, 09:37:58 AM
If you hate trading that much and you think that way. Don't push yourself, it won't help you, and it wasn't healthy also.

For me, i also fascinated with crypto currencies and really amazed on the ideology why it was created. Every single crypto exist for a reason.

Why not used exchanged just to collect more cryptos and don't do trading.

Right, nobody pushes you doing it. However, today day trading strategy can be a very wise decision. The market shows high volatility.

Day trading does not suit for everyone, it needs full of knowledge in cryptocurrency and patience. Instead of choosing day trading we can just buy our fav coins and hold it for some time means we can make a profit.

I am also not too comfortable with daily trading, somehow more loss than profit but maybe because my trading abilities are lacking expert and I was too tired and do not have time to do daily trading.
I prefer long term trading, it more comfortable, fit and get profit to me.

Yes in day trading we will get more loss if you choose any shitcoins and if you don't have time means for you long term investment is good.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
February 06, 2018, 09:28:17 AM
Even though much profit can be made. And i did a bit. But truth is... i dont like it. It gives me a weird unpleasant feeling. Because to me its just swapping air if all u buy and sell for is money. I love crypto and to me it feels like daytrading is raping it. Ur not really standing behind the idea and product anymore. Im not hating on daytraders or anything. Just doesnt seem my thing. I allways had the same in poker, taking lunchmoney and the game is what its about to me. Whenever i played higher stakes it just didnt felt right and even when i won a nice bit it even depressed me.
so what can you suggest then?since you dont like daytrading now?NIGHTTRADING?lol anyway at this moment anything in crypto hasn't to do with earning as you see all coins are red,if theres any green you can count by your fingers.so i suggest if you still have funds just leave it for long term holding olong term trading
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