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. 
Topic: Is the day trading profitable ? - page 15. (Read 12275 times)
In my opinion day trading is more profitable, because we can take advantage of what we can quickly, and reduce losses when the market is not in accordance with our predictions
of course this is still very profitable for many people who dare to take risks, because daily trading is very risky, especially with high volatility in the last few.
Day trading is not that much of a risky venture provided you are not greedy type and will take profit when necessary and we also have all the trading tools that is right available to a trader which they can use to be able to enter trade at the right time and exit trade at the right time. The problem with most day traders and why the loose their investment is because they are comparing the profit increase in day trading to that of short/long term trade. When they therefore see the little increase, they fail to take it and eventually loose the trade. Provided we are fast in getting in and out of trade without adding greed to it, then day trading will be much more interesting to us.
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.
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.
Yes it is . its profitable to some that have the guts and knowledge to do it but its not profitable to some that are scared and confuse about day trading . even the normal trading is also hard for a common individual , how much more if its day trading and if the market is in bad shape ? Better if they will only do less riskier things such as investing , investing isnt also hard as trading because what you only need to do is to hodl and wait for the price to rise .
Honestly, guts and knowledge don't count anymore in day trading because there are enough trading tools (bot, price app etc) which both inexperience and experienced traders use this days rather than spending too much time on analysis. But, what determine how profitable day trading will be is the capital cause huge capital comes huge profit. legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
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
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.
For any new comer it would be difficult but once you get set in and have some experience then you can make small money daily if not big. Also risk involved is high so one should always be playing with little capital or some excessive capital as market may turn around and you might end up losing money.
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.
When ever you use "trading" in your sentence, that means you are selling and buying something on the market. Of course it can be profitable, and of course you can lose your money if you have bad timing and you get into bad trades.
Trading can be short, mid and long term, will it be profitable depends from many factors. After bitcoin rise this year, I believe that we are waiting alt season to start, it`s where you have to look for short and mid term trades, bitcoin can be short sometimes, long its when ever you get in.
Trading can be short, mid and long term, will it be profitable depends from many factors. After bitcoin rise this year, I believe that we are waiting alt season to start, it`s where you have to look for short and mid term trades, bitcoin can be short sometimes, long its when ever you get in.
Yes it is . its profitable to some that have the guts and knowledge to do it but its not profitable to some that are scared and confuse about day trading . even the normal trading is also hard for a common individual , how much more if its day trading and if the market is in bad shape ? Better if they will only do less riskier things such as investing , investing isnt also hard as trading because what you only need to do is to hodl and wait for the price to rise .
Trading isn't the thing you should have to experience as I see that you'll never have such interest in your mind. Trading is only be profitable to those who are smart enough and making trading away of life. We are not all entitled for this that is why many person tried to become a trade but they'll quitting in awhile. 
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.
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.
Yes it is . its profitable to some that have the guts and knowledge to do it but its not profitable to some that are scared and confuse about day trading . even the normal trading is also hard for a common individual , how much more if its day trading and if the market is in bad shape ? Better if they will only do less riskier things such as investing , investing isnt also hard as trading because what you only need to do is to hodl and wait for the price to rise .
You might have been ready for a day or daily trading but the most important part of it is that is the price of the token or that coin that day will be profitable. If you are into day trade have it at the back of your mind that not all days will be a favourable market.
You should always a back up plans, not everyday will be profitable so having a stop and loss pin point will give you some good position in casethings will not favors your daily trade, you need to set your goals and think of every potentials and the reverse part if in case some unexpected
things happen along the way.
Long term investing is more profitable and less time consuming. Day trading has its fanatics but most people fail at it. You really won't find many rich day traders. It's a good way to start off when you're trading small and when people build a portfolio they usually leave day trading and switch to swing trading,
Who would risk heavy investment in day trading when there is no guarantee that the day will come with its increase. Many people you see day trading are just looking for additional top up that they can use to meet some of their minor expenses, but real investment are usually for long term trading, and even in talking of long term trading, I simply just hold the coin by buying at dip without any form of leverage, and then sell at high anytime I feel I am satisfied with the increase. With long-term trade, you will have more chance to study all the necessary analysis that is required to decide when to exit the trade in the long run.
You might have been ready for a day or daily trading but the most important part of it is that is the price of the token or that coin that day will be profitable. If you are into day trade have it at the back of your mind that not all days will be a favourable market.
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 if you are good on it, there are a lot of profitable day traders but there are also a lot of losers in day trading. You dictate your own destiny here, just study it carefully, you don't need to be aggressive, slowly but surely and allow yourself to grow in trading until you fully become an expert. Day trading is a high risk way of trading, but this also gives a lot of opportunity to earn as the market is so volatile, with skills you can enjoy day trading.
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.
No longer, days for day trading have started to weaken. Unlike before, the volume and coin options are limited to that, but nowadays, more and more coins are added by decreasing trading volume making day trading very unprofitable. Even most people will take a risk for loss instead of being patient.
So happy I have one mate to agree that the number of coins we have in the market has really decreased the concentration of trade volume on any particular coin we wish to trade. If not for the too many coins we have, I am sure coins like Bitcoin, ethereum and lots of coins in the top 20 would have had more than the trade volume they have now and also have more than the value they have presently. investors whom we have always advise to diversify will also no longer pic a particular coins to concentrate an invest in, but would rather share their investment within 3 or 4 other investment, and thereby limiting their volume increase.
Jump to: