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Topic: I dont like daytrading - page 13. (Read 2560 times)

sr. member
Activity: 770
Merit: 278
January 19, 2018, 02:34:48 AM
Day trading is very risky. If you have got previous experience about trading, you wouldn't be able to gain profit. I think that only experience traders can make profit with day trading.
You need to be very skilled trader if you want daily trading even with the red days you can make 50% profit or more as a daily scalper on different altcoins. Like you said it was too risky but very profitable but im not into it i do holding and investing.
member
Activity: 472
Merit: 10
January 19, 2018, 02:19:02 AM
Day trading is very risky. If you have got previous experience about trading, you wouldn't be able to gain profit. I think that only experience traders can make profit with day trading.
newbie
Activity: 60
Merit: 0
January 19, 2018, 02:17:36 AM
After nearly a month of day trading, I have to say that I experience the same feeling, stressful with graph, gains and losses. I feel very better now to stop day trading and hold long term, as well as invest in new ICO!
full member
Activity: 420
Merit: 100
January 19, 2018, 02:02:27 AM
choose a long-term investment for a definite altcoin, but for an uncertain altcoin, use daily trading techniques when some altcoin pumps are being pumped. Keep in mind when doing daily trading do not be greedy
legendary
Activity: 1316
Merit: 1011
January 18, 2018, 10:47:20 PM
Daytrading is perfect for hyped coins just like TRON. They will stay for a while but will be forgotten if another hyped coin appears. Promising coins like UTRUST are perfect for long term.

It is very hard to find out which coin will be hyped on a particular day because by the time you come to know the info by then most of the time it will too late so you may end up buying at high and sell at lower if you don't want to hold those coins for long. This is the reason I never go to day-trading but if I can reach my target amount within a day then I will book my profit otherwise I hold them until  I reach the target.
full member
Activity: 462
Merit: 100
January 18, 2018, 10:44:27 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.

yes I also do not like daily trading because it is not profitable and can make you much loss, I prefer and more advise for long term trading.
hero member
Activity: 1106
Merit: 502
January 18, 2018, 10:31:45 PM
Well if you do not like what daytrading is, just stop doing it, it is simple as that. I prefer to hold, seriously, it is much more profitable than just being stuck all day long in front of your computer in order to make a little profit from that.


Hold those coin is much better to do than day trading, you are right if you hold a coin you can get much profit so for me it's better to wait if you really want to have huge profit.
There are some coins that can be held in the long term like eth, etc, bcc and many more. and some coins are suitable for daily trading. You can manage it with good management look at some coins then analyze it.
this is situational and you can do both, long term or daily.
full member
Activity: 476
Merit: 100
January 18, 2018, 10:22:13 PM
Daytrading is perfect for hyped coins just like TRON. They will stay for a while but will be forgotten if another hyped coin appears. Promising coins like UTRUST are perfect for long term.
full member
Activity: 378
Merit: 104
January 18, 2018, 04:57:11 PM
From my experience, day trading is fine on the stock market.

But crypto, it's so much better to just hold your coins in projects you believe in, you will make more money and it will be less stressful.
full member
Activity: 742
Merit: 128
Coinbene.com - Experience Fast Crypto Trading
January 18, 2018, 04:25:43 AM
Well if you do not like what daytrading is, just stop doing it, it is simple as that. I prefer to hold, seriously, it is much more profitable than just being stuck all day long in front of your computer in order to make a little profit from that.


Hold those coin is much better to do than day trading, you are right if you hold a coin you can get much profit so for me it's better to wait if you really want to have huge profit.
hero member
Activity: 1078
Merit: 514
January 18, 2018, 03:54:26 AM
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.
That's right. If you do not have skills, contacts and the time daily trading just can't be your thing. yes, it can be very profitable, for example during last few hours bitcoin raised 2000$ higher and having at least 1 BTC you could earn good money fast.
I usually see on the online chat on an exchanger "let's pump X coin!" and so on (I use YoBit), to me it is really hard to follow it and trust to someone from there, but I do not doubt there are people who do that and earn on that.
Bitcoin was called as speculative instrument long time ago and all crypto currencies together can be called so. I am agree with that too, but what's a problem if it so?! I am going to stay here till bitcoin brings me money! I think everyone will agree with this last phrase.
full member
Activity: 364
Merit: 100
January 18, 2018, 03:36:52 AM
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.
Yes it is true. It is very tempting to be into daytrading but the fact that it is really hard if you are still new on that field makes me think not just twice but many times especially because I got a job that almost consume all of my time. But talking about the profit is really big though only if you are a really skilled trader already.
full member
Activity: 163
Merit: 100
Account was hacked and now reclaimed.
January 18, 2018, 03:28:25 AM
Well if you do not like what daytrading is, just stop doing it, it is simple as that. I prefer to hold, seriously, it is much more profitable than just being stuck all day long in front of your computer in order to make a little profit from that.
newbie
Activity: 112
Merit: 0
January 18, 2018, 03:25:20 AM
Day trading is very profitable if you have enough skills. Especially on cryptocurrencies. 
member
Activity: 406
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
January 18, 2018, 03:12:26 AM
Day trading has helped many people make a lot of money while the market is up but nowadays the trade is facing many difficulties when the market goes down very deep and fluctuate. Previously I was very commercial, but now I do not do that anymore, but most of me buy good coin and hold it for a long time. I think the holding is more appropriate for this volatile market.
sr. member
Activity: 1162
Merit: 251
January 18, 2018, 02:58:59 AM
Day trading need most of your time which i don't have and i can't stay hanging in front of markets that is why i prefer to go with long term methodology choosing best coins to store for at least one year .
yeah I think daytrading takes a lot of time every day because you have to do some analysis on certain coins and have to stand by in the market because the price change is very fast moving, I think if you do not have much time then it would be better if you choose long term investment, because longterm investment it does not take much time every day
member
Activity: 204
Merit: 11
January 18, 2018, 02:28:21 AM
As a newbie dy trading can be very sressfull, but also profitable. But when you dont hve strong nerves, you will make a lot of loss. So for people who are new in to cryptocurrenciews holding is much better option!
legendary
Activity: 1442
Merit: 1025
January 18, 2018, 02:24:44 AM
short term too. in this week you can make money from any altcoin. just keep hold top 50 and get free money
I also dont like day trading because i am not so expert in trading so for me day trading is very hard and i think day trading is not for me so im just holding.
Just because you find day trading hard, which is hard in real also, should not be enough reason to hate this method. It is risky and complex but it is also very beneficial. A person can make money on daily basis. What can be better than this ?
Try to day trade an asset like bitcoin which has a future. Sell out the coin in the morning and check the value in the evening, if it is low, buy more coins. If it is high wait till next day.
member
Activity: 112
Merit: 10
January 15, 2018, 05:37:07 PM
when market is in decline i stop day trading, im leaving it to consolidate and get out of the down trend
member
Activity: 126
Merit: 10
January 15, 2018, 05:34:02 PM
Often, daily trading helps trader get a quick income, but sometimes it also makes a lot of losses due to the sensitivity of the market with the bad news will cause the coin to fall continuously. In order to earn good income from trade daily, you should learn more about candlestick chart analysis to find out the best buy price to sell the most profitable.
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