It is profitable, however for beginners it is highly recommended to start from small to get familiarity of the process with having a minimal risk involved.
Right,but most of the beginners come with the intention of making profits only so they are risking more but most of them keep losing in the hard run.Day trading might easier when the market is bullish but it is better to keep holding than doing day trading at the bull run.Real profitable day trader need to make profits at the bearish trend.
Topic: Is the day trading profitable ? - page 12. (Read 12231 times)
I think that trading for long term is better than the day trade in term of profitability.
Obviously you'll make more money day trading if you do it for long term, provided you are a successful day trader.
That would make you rich honestly, although I like to achieved this as my goal, but my action does not speak for it yet, I'm looking for improvement here.
Agreed on you to that mate, I know lot of traders in crypto currency are applying that most of the time. In fact, I've been here for more than 1 year but only this time I'm focusing myself in day trade, to enhance myself more to practice too to get profit as much as possible in my everyday of life.
Day trading is profitable if you know what you're doing. You must be aware of what to expect and has knowledge on what to consider before making a trade. Having lots of time is important to monitor the movement of the price so you wont missed the right timing to put your trades.
I tried to be a day trader before but I cant handle the stress, I guess not all traders are meant for it.
I tried to be a day trader before but I cant handle the stress, I guess not all traders are meant for it.
It is profitable, however for beginners it is highly recommended to start from small to get familiarity of the process with having a minimal risk involved.
You can do that when you had enough money to start as capital of this type of trading.
Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
I agree with you that no newbie should ever try to day trade without becoming a perfect trader, strategy is much more needed for any day trader to be able to have a very bright and successful trade, and which is why I mostly do implore newbie to endeavor to be more of holder as newbie while practicing to be a pro trader using demo trades. This is the only way a newbie could avoid failure in day trade.
You can do that when you had enough money to start as capital of this type of trading.
Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
Starting with big money, especially, when you deal with day trading, will finally bring to a loss. It is also worth trying to trade tokens with low market capitalization. If you succeed, some more alts can be chosen.
Daily trading can be profitable depending on how much capital you have and on what cryptocurrencies your capital is distributed, the more and more promising they are, the greater the probability of receiving daily profit
but we must have a good strategy. daily trading is more risky, than we invest long-term. it takes a good psychology to deal with market movements, of course we will more often see fluctuating market movements
Daily trading can be profitable depending on how much capital you have and on what cryptocurrencies your capital is distributed, the more and more promising they are, the greater the probability of receiving daily profit
You can do that when you had enough money to start as capital of this type of trading.
Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
You can do that when you had enough money to start as capital of this type of trading.
Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
We should always focus on increasing our asset because everyone will start with the low investment and after making some profit, you need to buy the potential coin which will show some credibility in the market will always help us to increase our asset.
You can do that when you had enough money to start as capital of this type of trading.
Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
You can do that when you had enough money to start as capital of this type of trading.
Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
You can do that when you had enough money to start as capital of this type of trading.
Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
As a trader, you may have often read so that you are not affected by the feeling of 'greed or fear' in trading. If you are a trader, trade is based on what you see on the market, not trading based on what you think about the market.
So you are saying we must trade only with watching the chart / running trade without think anything? Let say, bitcoin seems on their bullish right now, so we should buy more bitcoin asap?
As a trader, you may have often read so that you are not affected by the feeling of 'greed or fear' in trading. If you are a trader, trade is based on what you see on the market, not trading based on what you think about the market.
You can do that when you had enough money to start as capital of this type of trading.
Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?
Frankly speaking, day trading for me is the most profitable if the trader invest more time into the trade. Remember that, many factors are also against the day trading becasue, most individuals will not be able to follow up the market news and it progress, thereby falling apart when the opportunity come around. Try and dedicate your time to day trading and you will gain more profits in the process.
Day trading is fine, I really agree with you, but the time to settle down to maximize day trading is what has always been a very big challenge and why people just head straight for long term trading.
day trading is good , but dont to greedy for profit .
the pros thing about day trading is if you get loss u will notice it ASAP and can cut loss ASAP too
the pros thing about day trading is if you get loss u will notice it ASAP and can cut loss ASAP too
daily trading still profits as long as you choose potential coins and can manage your profits well, I prefer daily trading with small profits but can continue long-term rather than having big profits but only once.
Daily trading is only for people that can focus on it for the whole day. If someone has his office job and busy from his work daily trading won't suit him well. It's better to just buy those potential coins that are good for long term. Crypto market is very volatile and every hour their is a possibility that the market can go sideways.
Daily trading can be profitable if you have several dozens of cryptocurrencies with good volatility in your portfolio, this increases the probability of receiving a profit
Bitcoin is a coin with high volatility and its range can be very good in daily basis. We can use it as our trading tool to benefit in the short term style. But surely, to get profit continuously will be difficult. Making targets is the most reasonable thing to manage our profits.
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