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Topic: Is the day trading profitable ? - page 13. (Read 12231 times)

full member
Activity: 815
Merit: 101
June 15, 2019, 04:35:45 AM
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.
full member
Activity: 1162
Merit: 101
June 15, 2019, 01:07:31 AM
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
hero member
Activity: 2912
Merit: 613
June 14, 2019, 07:14:49 PM
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?

trading is profitable but what strategy to use really depends on your knowledge and mindset
all i can say is just always respect the market sometimes we really cant outsmart it
so when your call goes wrong accept it and move on.
Yes. Have more patience in trading because sometimes even if you see the market price very good to day trade, it will suddenly take sideways. And if you are not smart and patient enough, you might end up losing in trading. Day trading is profitable but be sure to focus more on the market and the movement of the coin you trade.
full member
Activity: 730
Merit: 102
Trphy.io
June 14, 2019, 02:05:12 PM
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?

trading is profitable but what strategy to use really depends on your knowledge and mindset
all i can say is just always respect the market sometimes we really cant outsmart it
so when your call goes wrong accept it and move on.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
June 14, 2019, 01:51:57 PM
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.   
member
Activity: 921
Merit: 10
June 14, 2019, 01:30:54 PM
Each method of trading can be profitable for you. The main thing is to use it correctly. Day trading is also profitable, but you should also consider the various nuances that may arise.
member
Activity: 1204
Merit: 38
June 14, 2019, 01:22:17 PM
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?
If it is not profitable then people don't do this kind of trading and we are not going to see billions of cyptos exchange through many crypto exchanges everyday. But it is kind of most risky still in crypto trading so if you don't have skills for managing these kind of risky situation that just choose long term trading which is less risky compared to day trading.
sr. member
Activity: 882
Merit: 269
June 14, 2019, 07:19:25 AM
It is profitable and time consuming as well. You have to be always observing the market for any shoot up in price. You should also have a specific target at which you will sell your coin and bear in mind that you will not make huge profits.
Day trading can make you huge profits and this depends the amount of money you have put in. I have day trade before and it is not much different from normal long term trading except you needs to be smart in one and need speeds in execution of trading decisions while the long term trading takes time and you have time for yourself to make informed investments decisions.
member
Activity: 882
Merit: 17
June 14, 2019, 06:44:27 AM
trade with caution. it is not all greens in the market that are gold. i am sure you understands that statement.some are traps just know when to enter and leave. else you will be force to abandon the market. it has not been an easy task for short and day traders.
newbie
Activity: 14
Merit: 0
June 14, 2019, 06:19:16 AM
My trade setups for today

BTC/USD
Pivot Point 2nd resistance $8,515
Take profit $8,486
Pivot Point 1st resistance $8,372
Biggest resistance 7 days $8,356
Pivot Point 1st support $8,070
Buy more $7,923
Pivot Point 2nd support $7,911
Biggest support 7 days $7,514
hero member
Activity: 2856
Merit: 667
June 14, 2019, 02:19:35 AM
As far as I know day traders are more profitable, because we can also monitor profits and if the market is not according to what we predict, we can also minimize losses with cut loss
They are actually because market is volatile and that makes them profitable, if you are an effective trader, you can maximize your income as a day trader as the market never sleeps, how I wish I would become successful on day trading, but my time has not come yet, so I'll remain patient and will keep learning.
member
Activity: 546
Merit: 17
June 14, 2019, 01:48:03 AM
As far as I know day traders are more profitable, because we can also monitor profits and if the market is not according to what we predict, we can also minimize losses with cut loss
hero member
Activity: 3052
Merit: 606
June 13, 2019, 06:55:39 PM
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?
It's profitable as long you know to manage your asset it's important to know everything before you go to trading so you need to study the have more idea about trading. Find the coin that have good value and have future.
Right.Invest in coins that have high potentials and when you see a positive market condition,seize the moment to make day trade and if you know how to manage the risks,you will surely end up gaining good amount of profits.Day trading is more risky than long term holding so prepare yourself through engaging yourself in a serious study on the crypto market.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 13, 2019, 06:51:50 PM
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?
Anything here in crypto space are worth working. Specially, if you have knowledge and skills. However, it is not all time you have to be so smart. Sometimes, perfect timing and right decision will lead you to success. Day trading is a profitable once you can adapt to the market movement. However, you will just lose once you go under the market without any experience or background.
Even professional traders fail to manage a series of loss trades in bear market, bull market is the perfect for a day trading. It will become a grave for new and inexperienced trader to manage a buy orders during the downtrend, flow of red numbers. Profitability is directly linked to the ability,skills,knowledge, market experience of the trader.
member
Activity: 372
Merit: 10
June 13, 2019, 06:29:45 PM
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?
It's profitable as long you know to manage your asset it's important to know everything before you go to trading so you need to study the have more idea about trading. Find the coin that have good value and have future.
member
Activity: 266
Merit: 10
June 13, 2019, 06:23:38 PM
It is profitable and time consuming as well. You have to be always observing the market for any shoot up in price. You should also have a specific target at which you will sell your coin and bear in mind that you will not make huge profits.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
June 13, 2019, 05:28:32 PM
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?

Day trading is profitable if the market is on an uprise trend. I don't know if it's still profitable if the market is bearish. So I can say that timing on day trading will make profit and not just jumping on it.
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
June 13, 2019, 10:20:05 AM
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?
Anything here in crypto space are worth working. Specially, if you have knowledge and skills. However, it is not all time you have to be so smart. Sometimes, perfect timing and right decision will lead you to success. Day trading is a profitable once you can adapt to the market movement. However, you will just lose once you go under the market without any experience or background.
hero member
Activity: 2352
Merit: 594
June 13, 2019, 09:51:57 AM
Day trading is definitely profitable but don't expect a fixed profit from it on a daily basis. It requires great amount of time and you will just be sitting in front of your computer watching and analyzing the chart. Also expect a bad day where you're trades aren't good and must have a backup funds to recover your loss for the next day.
member
Activity: 416
Merit: 21
June 13, 2019, 06:33:49 AM
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 the long term, provided you are a successful day trader.
That would make you rich honestly, although I like to achieve this as my goal, my action does not speak for it yet, I'm looking for improvement here.

People who have a very good experience will always make some decent profit through day trading but with the small investment, it is impossible to make the profit. An experienced person will make some huge profit through trading, people who don't have experience will have the option to go for the long term.
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