It hard to make profit for daily trading, its hard to predict which coin will change the value within a day unlike bitcoin time to time fluctuates happens. Me i do trading based on value of coins in marketcap and most of the time i do 4 to 5 days holding if the coin already reach my target value then that is the time for selling my coins.
Topic: I dont like daytrading - page 5. (Read 2560 times)
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.
If you do not like it then do not do it, I know what you feel is depression every day but when selling with profit I'm even happy, I do not have much spare time so I do not always do day trading and more hold like investment.
Day trading is not a good that it so risky and frustrating.Dnt follow your heart bit the btrain in crypto and control your emotions otherwise you we definitely lose your hard earned money.Always do long term trading that would be much better and less risky.Mostly newbies lose their money in day trading so keep yourself away from this if you new to this world.
Day trading is good when market position will stable but it is not good for the time when unexpected movement will happened with the market position, For example when the bitcoin price will fall unexpectedly then the whole market price will drop and in this condition you have too much loss and that’s why I like to do long term trading,.
how can you make a good profit out of stable market? don't get me wrong but look at equity market, that market is a lot stable compared to crypto market that's why traders there are shifting careers towards cryptocurrency because they know the opportunity to have a lot of profits is here but we know that crypto market has a higher risk since volatility also includes the dumping of prices.
You are right, and in addition to that, with daytrading the risk of a big lose is too high, I am not so good in trading cause I have strated doing that few weeks ago only and I think that if I try it, I will lose around the 50% of my btc
Usually holders and traders who have big asset don't like day-trading because it seems to be a hard job and even a small risk in it , it's still too much dangerous for us .
Instead of holding a coin for a long-term and wait till it multiples , we have to follow every single singals and everytime watching the fluctuation of the holding coin. It's quite tired...
yes you are right, indeed a trader with large capital does not like to do day trading because according to them this is difficult and slightly risky than longtermInstead of holding a coin for a long-term and wait till it multiples , we have to follow every single singals and everytime watching the fluctuation of the holding coin. It's quite tired...
Day trading is good when market position will stable but it is not good for the time when unexpected movement will happened with the market position, For example when the bitcoin price will fall unexpectedly then the whole market price will drop and in this condition you have too much loss and that’s why I like to do long term 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.
yes it could gives you very limited returns as compare to swing trading and long holdings. I love long holding buy a coin on F.A and wait for it. the results are fa better than sitting all day and looking at candles lolAgreed. You could spend all day and night watching the charts and trading them. Or you can get in a good position and just hold it. I'd prefer the latter.
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 it could gives you very limited returns as compare to swing trading and long holdings. I love long holding buy a coin on F.A and wait for it. the results are fa better than sitting all day and looking at candles lol Usually holders and traders who have big asset don't like day-trading because it seems to be a hard job and even a small risk in it , it's still too much dangerous for us .
Instead of holding a coin for a long-term and wait till it multiples , we have to follow every single singals and everytime watching the fluctuation of the holding coin. It's quite tired...
yes you are right, indeed a trader with large capital does not like to do day trading because according to them this is difficult and slightly risky than longterm Instead of holding a coin for a long-term and wait till it multiples , we have to follow every single singals and everytime watching the fluctuation of the holding coin. It's quite tired...
Usually holders and traders who have big asset don't like day-trading because it seems to be a hard job and even a small risk in it , it's still too much dangerous for us .
Instead of holding a coin for a long-term and wait till it multiples , we have to follow every single singals and everytime watching the fluctuation of the holding coin. It's quite tired...
I think we can trade today, you can see bitcoin prices are rising sharply in the past few hours and there is no sign of slowing down, although the $ 12000 mark is a very difficult time to cross. . You can see that altcoin is on the downward trend so you can trade it right now, be careful in, and plan for specific trade.Instead of holding a coin for a long-term and wait till it multiples , we have to follow every single singals and everytime watching the fluctuation of the holding coin. It's quite tired...
Good luck
Day trading is good option if market is going with expected rates but day trading is not suitable when market price is going unexpectedly so its depend on the market, According to my point day trading is not good because most of the time market condition is going unexpectedly and the market behavior is not looking good for day trading.
I don't do trading much, there is some point in me that when I see the price already increase, I ask or it until it decreases agan and again that's why I'm more of holding and just watching the graph, hoping someday I'll understand it , but for now I prefer long term.
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 my advice is simple, you don't want to do day trading then do not do day trading because there is high possibility that you can lose your money if you do not want what you are doing. You should feel comfortable to what you are doing for you to make more money. 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.
Thats your experience ,so.i respect your statement bro,that you dont like daytrading but the important is you always doing in your own ways and idol time.actualy daytrade is the best time that you can earn a huge profit,but because of complicated time,because we have so many works,thats why we do it only in a night because that is only our vacant time to make a trading investment.
I also tried day trading once like for a whole month and I don't think it is my thing. I don't have the patience to wait and stare at the charts waiting for the rise and fall of the coins I was trading. And I think it is for those who have lots of patience, nothing else to think about or do and I think it's for the experts in my opinion, if you really want to earn you will find time to know how it works and why people are becoming rich by just doing day trading
Day trading is very difficult to get consistent profit because it requires skill, experience and also a good psychological like always patient and not greedy. In addition it also takes a full time so that we can get the maximum profit and also in order to reduce the losses immediately when wrong in the analysis by doing cut loss strategy. So longterm investment by hold some coin that has strong in fundamental I think will be promising more profit and less risk than day 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.
I think you can trade today. You can see that bitcoin and many other coin are very strong today, so you can trade without worrying about very little risk. If you know technical analysis you will be able to profit a lot today. Trade is a very difficult and complex issue that requires you to have experience and grasp the information market.Good luck
Day trading is good option if market is going with expected rates but day trading is not suitable when market price is going unexpectedly so its depend on the market, According to my point day trading is not good because most of the time market condition is going unexpectedly and the market behavior is not looking good for day trading.
I don't do trading much, there is some point in me that when I see the price already increase, I ask or it until it decreases agan and again that's why I'm more of holding and just watching the graph, hoping someday I'll understand it , but for now I prefer long term.
I find weekly trading the best strategy for gaining profits. As you hear big news - invest, wait one week, boom, sell
Day trading is good option if market is going with expected rates but day trading is not suitable when market price is going unexpectedly so its depend on the market, According to my point day trading is not good because most of the time market condition is going unexpectedly and the market behavior is not looking good for day trading.
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