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Topic: Is the day trading profitable ? - page 7. (Read 12275 times)

full member
Activity: 338
Merit: 101
October 27, 2019, 10:14:09 AM
Yes day trading is profitable but you have to pay attention to the market at least every hour . The market is chaging so fast with these cryptocurrencies
newbie
Activity: 6
Merit: 0
October 27, 2019, 10:12:42 AM
Day trading will be profitable if you can trade. Profits or not it depends on how your expertise and knowledge in trading. To make it easier for you to not have to do technical analysis, I suggest you try arbitrage trading. Arbitrage requires you to do a fee simulation and calculate the profit value, this will increase your knowledge of the exchange platform and market volume.
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I have a question , can you please help me out .....I am just wondering , how do people make money on arbitrage when it looks to me at least , that the difference in price on 2 different markets is usually about the same as trading fee ...how do you make money then ? Thanks a Lot !
hero member
Activity: 1386
Merit: 503
October 27, 2019, 10:12:20 AM
profitable if you focus diligently doing it and have quite a lot of capital, because if a little capital and do daily trading is will need long enough to enjoy the full profits. oops... don't make it wrong, there is another way even with small capital can get a lot of profit, that is when the market is fluctuating up and down sharply, take advantage of the opportunity to choose which coins are trending up and down significantly.
hero member
Activity: 1498
Merit: 586
October 27, 2019, 09:44:17 AM
daily trading should still be profitable if the market conditions are crowded and at this time the market conditions have begun to show signs of increasing market crowd you can see when the price of bitcoin on yesterday could rise so much in one day.
Indeed, if the coin you are trading is really good for a day trade. But if not dont go to day trade. In day trading you will get  a little by little amount of profits, make sure that the coin you are investing is really active. I already have an experience on it, if you want to have a faster profit but not so huge you may try to day trade.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
October 27, 2019, 08:53:52 AM
daily trading should still be profitable if the market conditions are crowded and at this time the market conditions have begun to show signs of increasing market crowd you can see when the price of bitcoin on yesterday could rise so much in one day.
hero member
Activity: 1666
Merit: 502
October 27, 2019, 08:22:39 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 will be profitable if you can trade. Profits or not it depends on how your expertise and knowledge in trading. To make it easier for you to not have to do technical analysis, I suggest you try arbitrage trading. Arbitrage requires you to do a fee simulation and calculate the profit value, this will increase your knowledge of the exchange platform and market volume.
sr. member
Activity: 700
Merit: 250
October 27, 2019, 06:41:34 AM
I think if you want to do daily trading then you should be able to see the conditions of the exchange and you should trade in an exchange that has a very high trading volume and the market conditions must be crowded, because if the market conditions are not crowded then you will find it difficult to get profit from daily trading.
Exactly day trading is too risky and market conditions are hard to predict so we never make good profit. But majority of the day traders are knowledgeable person so they know how to survive on all the condition. It make low profit on daily and If we compare to later it is more than enough profit so day trading is always profitable investment on crypto.
sr. member
Activity: 1876
Merit: 318
October 27, 2019, 06:32:58 AM
Day trading is very profitable if done the right way. Because it can't be done every day we do day trading. Must see the market
conditions first, if the market conditions are green and the volume is very good. that's the right time to do day trading. The level
of difficulty day trading is very high and the risk is very large. So doing day trading must have the ability to read charts, movements,
and news related to coins that we will choose to do day trading.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
October 27, 2019, 02:36:53 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 profitable if you have trading skills, day trading is also detrimental if you don't understand the crypto market. Having a good source of information and technical analysis is an initial strategy in my opinion if you want to trade crypto. Market demand is greatly influenced by news like yesterday XI Jinping recommends blockchain technology. Day-trading requires you to understand where the market will go, monitoring every trade you enter.
I agreed that with you that day trading is mostly influenced by fundamental news in the cryptosphere reference to the president XI Jinping blockchain announcement that is applying only technical analysis as a day trader is very risky a lot of knowledge is required so as to have an edge over the market and make consistent profits.
hero member
Activity: 1092
Merit: 501
October 26, 2019, 07:41:08 PM
Day trading has been proven that it is profitable for many users, yes, some other people cannot do it, but most of the users can do it, so there is no reason for us not to do it as well, we just need to be patient and determined while doing it. But, if you are the type of person who is really busy then day trading is not fit for you and go for long term.
It is the opposite, most traders cannot really become day traders and there are many reasons why this is this way, the most obvious is that to become a day trader you need to dedicate completely to it and very few have the time to do so since many have other jobs and they have families to take care, you should only try to become a day trader if you can arrange your life in such a way that you can trade all day, if not possible it is better to stick to other methods of trading.
hero member
Activity: 1834
Merit: 523
October 26, 2019, 06:53:25 PM
Day trading is porfitable if you really want to take that because day trading is not checking the value of the coins everyday but also reaading aome news everyday or article about the coin that you have for sure that you earn everyday and the step that you do in trading. But for the others day trading is not profitable because the true profitablefor them is longterm trading.
jr. member
Activity: 40
Merit: 2
October 26, 2019, 06:22:07 PM
day trading is profitable but can be very stressful. Usually the professional traders put buy or sell orders in their price range which was pre decided. to start trading , you must start with small n see how it goes before risking big
sr. member
Activity: 1372
Merit: 261
October 26, 2019, 04:03:08 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 is profitable but sometimes also risky, you really need to study every coin you buy, Because it's just a mistake you can stack at that price and you really have to wait before it goes back to the previous price you buy.
My only tip is that you should also split your investments so that you always have back up funds.
sr. member
Activity: 770
Merit: 253
October 26, 2019, 07:44:29 AM
Very profitable if you really have free time to be able to do daily trading. the average person who trades daily is those who work as a trader. and now so many are working on it. the benefits can also be said big. I myself am still working and trading when I have free time. not as a daily trader every day and live it to get additional income

Become a daily trader right now is no need to watch the chart everytime.
The traders determined their position first before the char move. Where they wanna sell and when they wanna cut loss.
Day trading has been proven that it is profitable for many users, yes, some other people cannot do it, but most of the users can do it, so there is no reason for us not to do it as well, we just need to be patient and determined while doing it. But, if you are the type of person who is really busy then day trading is not fit for you and go for long term.
sr. member
Activity: 938
Merit: 256
October 25, 2019, 11:41:30 PM
Very profitable if you really have free time to be able to do daily trading. the average person who trades daily is those who work as a trader. and now so many are working on it. the benefits can also be said big. I myself am still working and trading when I have free time. not as a daily trader every day and live it to get additional income

Become a daily trader right now is no need to watch the chart everytime.
The traders determined their position first before the char move. Where they wanna sell and when they wanna cut loss.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
October 25, 2019, 11:39:08 PM
Very profitable if you really have free time to be able to do daily trading. the average person who trades daily is those who work as a trader. and now so many are working on it. the benefits can also be said big. I myself am still working and trading when I have free time. not as a daily trader every day and live it to get additional income
sr. member
Activity: 630
Merit: 265
October 25, 2019, 08:49:42 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 really profitable because it is one of the fastest way to earn cryptocurrency, but doing day trading is very risky because you need to put a lot of your time to it and you need a lot of experienced when it comes in trading, so it will be easy for you to manage all of your trades and to minimize all of your losses.
hero member
Activity: 924
Merit: 505
October 25, 2019, 05:28:44 AM
Yes of course you will get a profit in daily trading or called short trading. As you can see many trader are getting more profits of there Daily trading because they are know what they are doing.
Learn more and then go for daily trading to get everyday profit.
hero member
Activity: 1274
Merit: 500
October 25, 2019, 04:45:16 AM
if you have a lot of capital then at this time you can do daily trades which in my opinion can still provide benefits as happened in the current exchange where it has begun to turn green again, you must be able to have a lot of trading to be able to get a lot of profits to trade daily because if you do not have a lot of capital it is difficult to be able to get profit.
I don't think you can make a daily profit during this time period because the downtrend in the last few days has caused a lot of people to lose a huge amount of money. In my opinion, whether you have a lot of money or a little money, you need to have a specific investment strategy because this is not a place where you can make a good profit.

I have personally participated in this market for a long time but I could not control my assets because the market continuously has unexpected discounts and always makes investors feel scared when investing.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
October 25, 2019, 03:55:05 AM
if you have a lot of capital then at this time you can do daily trades which in my opinion can still provide benefits as happened in the current exchange where it has begun to turn green again, you must be able to have a lot of trading to be able to get a lot of profits to trade daily because if you do not have a lot of capital it is difficult to be able to get profit.
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