Topic: I dont like daytrading - page 2. (Read 2583 times)
daytrading is a good trading and profits every day even though it's not too high profit, but I think you should do daily trading and can be one additional profit for you, it does not matter if you do not like daily trading but definitely give you every profit day.
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 believe that at the present time day-to-day business is the safest choice and the least risk. You can see that the price of bitcoin at the moment is very complex and difficult to predict and the market is in crisis, so trading on a daily basis will help you control the risk, control be your capital. You need to have a specific plan before the trade.
try then hodl long term then and look at the top 15 coins 
Actually market trend is impacting day traders, for example if market trend go down on daily basis then day trader will gain loss daily, this market situation destroy daily traders profit that is why I don’t like day trading,
i also dont like daily trading ,i use my most of time in one day to watching the price ,but earn small profit maybe will lost my money in trading .
why not hold them for long time ,and enjoy your life and more profit.
why not hold them for long time ,and enjoy your life and more profit.
with the current market situation, daily trading is more risky because it is very difficult to determine profit, with the current market conditions, HOLD is more profitable than daily trading 
Well i will be honest, i am not really good in doing day trading, so i dont also like day trading, and for me i can still able to earn many profit by just doing holding and investing on a great ico, and even i am not good in day trading, but i am good enough on working into my bounty campaign.
with the current market situation, daily trading is more risky because it is very difficult to determine profit, with the current market conditions, HOLD is more profitable than daily trading
Well i will be honest, i am not really good in doing day trading, so i dont also like day trading, and for me i can still able to earn many profit by just doing holding and investing on a great ico, and even i am not good in day trading, but i am good enough on working into my bounty campaign.
I do like it either, so i would choose a coin,and hold it for a while.
In some traders especially those experience professional traders, day trading is working fine for them and they like it better than the long term trading or holding for a long period of time. Its all about strategies and picks that you will use to have a successful profit trading.
Yes trading daily is sometime make us fun because we can earn daily but the only problem is we have to prepare more time for trading.
Beside of that, there many coin is pump and dump and if we are smart enough to take that advantage then the profit is ours.
Yes, day trading is always risky because people who don't have any experience might lose more money compared to experienced people. Day trading always needs analysing charts and they need to follow according to the market.
Day trading can be more profitable in the situation of market like now, but to get profit we should be focus on that and spend alot of times for that. Only trader with good strategy, has good management of risk and money and possible to manage the emotions can make consistent profit from it.
It is necessary to keep in touch with the market and know about market values and fluctuations in order to take benefit from the coins you have and to sell that on the price little higher that the price on which coins have bought. You have to aware yourself in day time which is important to keep in touch with the market.I think that day trading is not as profitable as trading short and midterm.
If the assumptions on that you have based your trade are right, why stop in a day?
Move Stop-Loss up to secure profit and maybe sell half or so but then just let it run.
Trailing Stop-Loss is also a nice tool for that, but not many exchanges offer it.
In the time you are letting your trade go on, you are making more money with less risk than starting a new trade.
Day trading can be more profitable in the situation of market like now, but to get profit we should be focus on that and spend alot of times for that. Only trader with good strategy, has good management of risk and money and possible to manage the emotions can make consistent profit from it.
It is necessary to keep in touch with the market and know about market values and fluctuations in order to take benefit from the coins you have and to sell that on the price little higher that the price on which coins have bought. You have to aware yourself in day time which is important to keep in touch with the market.
Day trading can be more profitable in the situation of market like now, but to get profit we should be focus on that and spend alot of times for that. Only trader with good strategy, has good management of risk and money and possible to manage the emotions can make consistent profit from it.
daytrading is a lot more better than monthly trading or weekly trading. Imagine that you can earn about 4-5% daily and in a month, you might x4 your balance. They deserve to earn a great amount of money because they have spent a lot of time to learn trading everyone has their own opinion about trading and I personally do long term and short term trading, I will do anything as long as I get the money
It is the individual choice in which they feel comfortable and take the decision as per that. People who think they can make money in trading will do short term trading and those who are not ready to take risk will be long term investors.
Day trading can be more profitable in the situation of market like now, but to get profit we should be focus on that and spend alot of times for that. Only trader with good strategy, has good management of risk and money and possible to manage the emotions can make consistent profit from it.
daytrading is a lot more better than monthly trading or weekly trading. Imagine that you can earn about 4-5% daily and in a month, you might x4 your balance. They deserve to earn a great amount of money because they have spent a lot of time to learn trading 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.
You can see that the market in the past few days is in a downward trend, prices of bitcoin and altcoin are continuously reduced for 3 consecutive months and there are no signs of recovery. Therefore, trading on a daily basis will bring the safest and most effective profit at the moment. You can not hold or invest long at a time when the market is going down, you will certainly be very heavy losses without a specific plan.
Day trading is good for daily small profit. I like to trade daily for making small profit.
Day trading can be more profitable in the situation of market like now, but to get profit we should be focus on that and spend alot of times for that. Only trader with good strategy, has good management of risk and money and possible to manage the emotions can make consistent profit from it.
In short, we can conclude that day trading is not everyone because it demands too much from the trader. Not everyone is good at managing stress or getting a good control over emotions. When you see your coin going down in market, it is obvious for you to start sweating and encounter anxiety. Plus it demands from you to keep checking the graphs all day long which is going to make you fluster soon. The volatility of cryptocurrency market is different the volatility of forex or stock market.
It is stronger than too much if you compare it to other financial markets you know.
Therefore, its cycle usually changes, you can not fix a type trading for a market usually changes cycle like the cryptocurrency market, IMO.
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 feel ya. I would feel the same. But it's not for everyone on the moral side and on the skill side.
But still, you can earn a good money.
Day trading can be more profitable in the situation of market like now, but to get profit we should be focus on that and spend alot of times for that. Only trader with good strategy, has good management of risk and money and possible to manage the emotions can make consistent profit from it.
In short, we can conclude that day trading is not everyone because it demands too much from the trader. Not everyone is good at managing stress or getting a good control over emotions. When you see your coin going down in market, it is obvious for you to start sweating and encounter anxiety. Plus it demands from you to keep checking the graphs all day long which is going to make you fluster soon. Jump to: