Is the day trading profitable ? - page 14.

RealMalatesta

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Quote from: Shinpako09 on June 11, 2019, 04:21:04 AM

Day trading or long term trading, no matter what you chose, they are both profitable as long as you know what to do. Day trading has an advantage of getting more profit because of swings. It requires a lot of work though so if you are a lazy person, long term trading will be the best one for you.

Hahaha, you must be unserious about your statement, all these things has to do with passion and has nothing to do with laziness. It is not everyone you see that is into long-term trading that is lazy; some don’t even have time for all these trading stuff because they have other sources of income that is generating bigger money for them other than day trading.

Day trading is basically for those who are trying to meet up with daily ends means, while long term trading is mostly practice by those who is looking for how to keep their money and in turn also multiply it. So what are you saying mate? That long term traders are lazy? Nah.

Vickyphred

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sana54210

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Quote from: kidoseagle0312 on June 09, 2019, 05:28:17 AM

in the first place anyway, do you think day trading is easy?
Do you think if you are a newbie here in this industry you can do it at once and
easily once you get enter in the exchange platform? If you know the answer to this
question of mine, then you will surely know the answer to your question.

He willabsolute be deceiving us and himself if he thinks he can do it that way. Trading is difficult from the inset and it takes lots of knowledge, practice and strategy to simplify it. It’s when we have worked towards those necessary requirements that we can start seeing trading as something that is fun to do.

I started learning about trading when I was 15 years old and I dint start proper trading until I was 1 years and never even stopped learning during that 3 years interval. Although I was in School then, I just had it as passion to start trading as soon as I am no longer going to be dependent on my parents, so I started trading with demo and that is how I became so perfect in trading till date.

Shinpako09

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Day trading or long term trading, no matter what you chose, they are both profitable as long as you know what to do. Day trading has an advantage of getting more profit because of swings. It requires a lot of work though so if you are a lazy person, long term trading will be the best one for you.

Babyrica0226

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It is indeed that day trading was really profitable, this is the heart of bitcoin and crypto why they survived for several years.
And this is the main reason also why some of the traders survived here too for a years including myself of also.

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Quote from: Jagobd on May 30, 2019, 07:24:30 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?

Day trading is one of the most profitable things you can do in the cryptocurrency community to be able to earn a good amount of profit from your work, but there are risks involved in it, and if you don't know how to trade it you're going to keep on losing your money just like that. So you should first of all learn the trading and how it works and understand how to read the charts and know which position the market price is heading for. I have also seen people that claim that margin trading is the best, but that carries more risk than the normal trading,, but the bigger the risk the bigger the profit you are likely to make.

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Quote from: tenstois on June 09, 2019, 11:02:53 AM

It is profitable as many says you need experience and knowledge if you want to practice download an emulator for trading or you can watch in youtube there is some tips but the best way is to read some blog or post in this forum, just invest small amount first then learn movement of coin or the flow of the chart, joining into the discussion channel or announcement of coin will help too as you will know if there is an event that will cause the coin to go up

There is no concrete ways to learn the secrets of profitable crypto trading and every trader should create his own path. Learning from youtube can be enough for newbie traders in order to understand the simple price fluctuations but in long term it is not efficient.

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Quote from: sujonali1819 on June 06, 2019, 11:48:49 AM

Quote from: Jagobd on May 30, 2019, 07:24:30 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?

Day trade and long term both are profitable if you do accurately. But want to say that day trading is riskier than long term trading. so you should be aware and more experienced on day trading so that you can make a profit and reduce your loss when you will be in loss. good luck

There is no strategy who called as a safe strategy, day trading have a big risk if you don't know how to set management risk in every times you decide to buy and sell. Also, long term trading have a big risk when you use a land money or money that you need in the allotted time to choose this strategy, because as you may know the movement price cryptocurrencies is really mysterious. Maybe you often see a coin that meet increased price without any information comes but its price increased with the large amount but suddenly its price drop again even more than the original price and this will make us tempted to sell and divert our strategy. It will be good to set the target when we choose day trading or long term, so as we will know when we have to continoue and we have to stop and make the new strategy.

tenstois

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It is profitable as many says you need experience and knowledge if you want to practice download an emulator for trading or you can watch in youtube there is some tips but the best way is to read some blog or post in this forum, just invest small amount first then learn movement of coin or the flow of the chart, joining into the discussion channel or announcement of coin will help too as you will know if there is an event that will cause the coin to go up

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Quote from: iMark on June 05, 2019, 04:57:51 AM

Quote from: Noilee on June 04, 2019, 11:20:26 AM

Quote from: jhongzjhong on May 30, 2019, 07:44:12 PM

Day trading is very profitable but it is very risky to do so and very stressful because you are over watching the market price 24 hours a day just to monitor the price of the coins that you had. I think OP you are luck of knowledge to handle the day trading you must have deep research first before you go in the battle of trading. Trading is not an easy especially if you don't have experienced it might be a loss you fund.

True, the best in day trading is you can see the market price and you have a timing if when to sell. But if you want to have a good profit just have a best strategy when it comes in day trading, and its an easiest way to earn easily profit that it dont need to wait for a long time.

Indeed its very profitable but very stressful when you miss the opportunity to sell because you holds too long, stressful because the price predictions are different from your expectations, prices don't go up after you buy. daytrading have big risk you need a lot of time allocation to analyze the market, monitor in all day, you have to be ready in mind and yourself in trade

I do not think it is not profitable. You can make money by day trading your coins and that pays off for many people. If you day trade Bitcoin, you might make good money and if you trade Eth, you might still make some good money but I fear to say so about TRON or other altcoin because these rest of the coins are a bit too down.

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Quote from: Questat on June 09, 2019, 01:10:57 AM

Quote from: Tungsten-1 on June 08, 2019, 03:16:02 PM

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.

If we don't have good skills, then long-term trading will be good for us because we don't have to worry if the analysis we made will not give us a chance to make a profit. But if we have skills in analysis, we can determine the good price to buy, then we can try to day trading, and if the situations at the market are good, we can make a nice profit from day trading. But if we compare the situations now and a few months ago, it seems, day trading will give a profit to us as long as we can know the right time to trade.

kidoseagle0312

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in the first place anyway, do you think day trading is easy?
Do you think if you are a newbie here in this industry you can do it at once and
easily once you get enter in the exchange platform? If you know the answer to this
question of mine, then you will surely know the answer to your question.

Questat

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Quote from: Tungsten-1 on June 08, 2019, 03:16:02 PM

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.

Tungsten-1

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Quote from: futureofeth on June 07, 2019, 03:39:41 AM

Day trading is not an easy job to make money but for that, we need to have experience in trading. A day trader needs to be very active according to the situation of the market and some time it is impossible to make profits in a timely manner.

Yes day trading is not an easy job and making money by trading your coins is yet more difficult but it is profitable for sure. But there is this bullish market for some time now which has made it a bit easier to make money by day trading your coins and in fact make quick money. I think that trading for long term is better than the day trade in term of profitability.

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Quote from: Dontme on June 07, 2019, 11:17:40 AM

Quote from: Jagobd on May 30, 2019, 07:24:30 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?

It depends on the crypto you wanted to trade because some crypto are for hodl which is profitable in the long run and some crypto are good for day trading. Profitability depends on your strategy in trading.

No one is predict the long term investment for crypto trading. Because everyone expecting the quick profit so obviously day trading is the right destination and some peoples are investing the USDT or stable platform because they are all billionaire so they are all invest and holding. But reality everyone expecting the standard profit for every day so holding is not good deal.

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Quote from: ricardobs on June 06, 2019, 02:14:08 AM

Quote from: wahyu wida on June 04, 2019, 03:04:02 AM

for beginners I suggest placing the main fund on a long-term investment. and use a small portion of your funds for daily trading. Daily trading has a greater risk, but if we have skills, it will be profitable

I think it depends on person to person and also on the kind of coin you have been trying to day trade. It is profitable for many people I think because had it not been profitable, these guys out there would not have been trading on daily basis. So I think it is worth outing in your money for.

But long term HODL in Bitcoin and ETH is also something that could be worth enjoying. So I think it is worth outing in your money for. But long term HODL in Bitcoin and ETH is also something that could be worth enjoying.

You feel everyone you see on that system looking at chart everyday are really finding it funny with their trade, you better don’t judge the book by its look, I wish I could pull out a post on this forum where the writer said he is a full time trader and yet not making profit. So how come a full time trader is not making profit.

There are some people that are just their on the trade monitoring indicators without knowing when to place order or sell, and when they eventually take a step, they miss and they keep repeating this believing that one day they will get it right, but that is for those that have patience, but me, I will prefer to hold coins for long term investment to trading.

Dontme

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Quote from: Jagobd on May 30, 2019, 07:24:30 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?

It depends on the crypto you wanted to trade because some crypto are for hodl which is profitable in the long run and some crypto are good for day trading. Profitability depends on your strategy in trading.

dat.ho12492

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Quote from: syaripudin on June 06, 2019, 06:36:36 PM

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Quote from: CAPT.DEADPOOL on June 06, 2019, 07:21:49 AM

It's hard to trade especially when you do not know trading and especially if you're a newbie but you can even trade if you are reading books about trading if you want to trade only better when you're at the same time traders who are great to be able to keep up with their rewards.

beginners may experience difficulties and need a lot of processes to get daily profits, but maybe that doesn't apply if beginners choose potential coins such as ethereum and bitcoin for trading. it's the easiest coin to trade and can be done by anyone.

lack of knowledge is a major obstacle for beginners to be able to benefit by doing daily trading. but if they are accustomed to doing so then the experience will be the main teacher for them, eventually they will certainly be able to understand market price movements

Even for people who have a very long daily trading history with the crypto market, they are also unlikely to benefit from trading every day, so new people who lack knowledge and failure are a normal thing because trading daily is too difficult and risky, very few people can profit every day, most of them fail. And with such risks, I think anyone who chooses this method, they should combine with short-term trading, can not rely on only one method to succeed, more options will add tools to solve problems and limit risks

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Quote from: gwdf1 on June 07, 2019, 08:35:14 AM

Quote from: blackhawkeye1912 on June 06, 2019, 11:17:33 AM

Day trading is more profitable than long term investment or holding coins. However, special skills and strategies should be applied to assure of profit rather than loss. There is a lot of available guides and articles to help starters of how to do day trading.

An experienced guy can deal with day trading and rise a lot of money with the help of this activity. If a newbie tries it, I bet he will fail. Start with long-term investments and get more experience to make day trading.

Agreed, everyone can't have the same level of experience in trading. It requires lot of understanding about the market and about the volatility of different cryptocurrencies that are available for trading. Every time the predictions we make won't get coincidence with the real market. As suggested, just invest for long term profiting and parallel to that learn to keep track of the market changes happening with different cryptocurrencies. This will let you experiment in trading and learn good in the long run.

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Quote from: blackhawkeye1912 on June 06, 2019, 11:17:33 AM

Day trading is more profitable than long term investment or holding coins. However, special skills and strategies should be applied to assure of profit rather than loss. There is a lot of available guides and articles to help starters of how to do day trading.

An experienced guy can deal with day trading and rise a lot of money with the help of this activity. If a newbie tries it, I bet he will fail. Start with long-term investments and get more experience to make day trading.

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