Yes day trading is profitable for me that's the only way to have profit. Even its a little profit but it can help to my daily needs. But if you patiently monitor in trading you can save little by little in every trade. And its a big help for me to have savings to hold and wait for the price increase so that l can reach my dream price in the future.
In what type of currency are you prefer to make savings after successful trade? 
Topic: Is the day trading profitable ? - page 9. (Read 12275 times)
Yes day trading is profitable for me that's the only way to have profit. Even its a little profit but it can help to my daily needs. But if you patiently monitor in trading you can save little by little in every trade. And its a big help for me to have savings to hold and wait for the price increase so that l can reach my dream price in the future.
I also want to begin day trading too, I think I'm ready for all the bumpiness ahead.
That’s good. Are you planing trade with short positions or only with long?
I also want to begin day trading too, I think I'm ready for all the bumpiness ahead.
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?
First and foremost day trading is really profitable, but it needs hard work to achieve success in trading.
You need to learn everything in trading starting from the basic about it, chart reading, candle stick, buy and low system
and etc. In addition to that you should be patience, self-control and don't panic.
The essence of the strategy is to create short-term orders. For example, a trader buys 100 XRP at a price of $ 0.26. At the same time, it creates 10 orders - each with 10 XRPs. Within a few minutes, the price of an asset will increase for a short time, for example, to $ 0.32. The purchased coins will need to be sold immediately. The benefit, in this case, will be not big, however, when conducting such an operation with a large number of coins, the amount of income will also increase.
Can you explain why the price would increase for a short amount of time after you create those 10 orders? I understand that if you buy a 100 items with a MARKET order, through slippage you will drive up the price - but that will be difficult to make profitable as you need to be able to sell the coins again on the top price, whereas you just bought away all orders from those who were willing to sell.
Please elaborate!
On which platform it is most convenient to trade daily? Who uses the Binance exchange?
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?
Actually all kind of trading is profitable if your strategy is working well. My opinion is that you firstly need to test your strategy on the live market within a small balance.For me day/short trading stressful, long trading take much time but low risky, mind it BTC Market so volatile.
You should research and choose the exchange you feel safest before trading. Choose trading form short-term or long -term, to suit your requirements. With short-term, you can earn about 1-5% per day depending on your investment options, but the risk of losses is higher than long-term. I recommend choosing Binance as an exchange to do trading since all altcoins listed on this exchange are highly stable.
Day trading is profitable only, if you are already knowledgeable and full of idea about it.
And you must ready to face the consequences if ever you make a mistakes while doing
in the actual trade platform, because on day trading your character as a trade will reflect in it
for sure once you implement this methods of earnings in crypto.
One of the main problems with day trading is that you need a huge level of skill to make it work, many newbies attracted by the promise of easy profits and also attracted by the fact that those that day trade and are good at it most likely will not have even a losing week think that they can do it as well not understanding that this is by far the most difficult way to trade, so if you are a newbie it is way better to start with long term trades.And you must ready to face the consequences if ever you make a mistakes while doing
in the actual trade platform, because on day trading your character as a trade will reflect in it
for sure once you implement this methods of earnings in crypto.
Obviously this means that it will take you a long time to gain the necessary experience to become confident in your abilities and your system so you can become a day trader, but that is just the way it's supposed to be and when a newbie tries to skip this process most likely they will lose everything they have.
Day trading is profitable only, if you are already knowledgeable and full of idea about it.
And you must ready to face the consequences if ever you make a mistakes while doing
in the actual trade platform, because on day trading your character as a trade will reflect in it
for sure once you implement this methods of earnings in crypto.
One of the main problems with day trading is that you need a huge level of skill to make it work, many newbies attracted by the promise of easy profits and also attracted by the fact that those that day trade and are good at it most likely will not have even a losing week think that they can do it as well not understanding that this is by far the most difficult way to trade, so if you are a newbie it is way better to start with long term trades.And you must ready to face the consequences if ever you make a mistakes while doing
in the actual trade platform, because on day trading your character as a trade will reflect in it
for sure once you implement this methods of earnings in crypto.
Obviously this means that it will take you a long time to gain the necessary experience to become confident in your abilities and your system so you can become a day trader, but that is just the way it's supposed to be and when a newbie tries to skip this process most likely they will lose everything they have.
Daily trading is very risky to get profit. Because if we see any kind of business in the world, we see that it isn’t reach the moon or his goal in a one day. So long investment is better than daily.But, if you are very expert and well-known about trading in crypto-currency, then it is ok.
After all, nothing in just one day had a very large increase like getting to the moon, so with him willing to do day trading at least he was prepared with the risks. Day trading will be profitable in a highly fluctuating market, so no one expects big profits like getting to the moon if it is only day trading and traders should have realized what percentage of profit they might get in day trading. 
Day trading is profitable only, if you are already knowledgeable and full of idea about it.
And you must ready to face the consequences if ever you make a mistakes while doing
in the actual trade platform, because on day trading your character as a trade will reflect in it
for sure once you implement this methods of earnings in crypto.
And you must ready to face the consequences if ever you make a mistakes while doing
in the actual trade platform, because on day trading your character as a trade will reflect in it
for sure once you implement this methods of earnings in crypto.
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?
Daily trading is very risky to get profit. Because if we see any kind of business in the world, we see that it isn’t reach the moon or his goal in a one day. So long investment is better than daily.But, if you are very expert and well-known about trading in crypto-currency, then it is ok.
I am sure that in order to get good results from trading, you need to use the right tools. As an example, we can cite signals that are very actively used for Forex trading. Thanks to this, any trader was able to get considerable income and successfully learned to use all available tools in the foreign exchange market. I do not yet have any experience in cryptocurrency trading, but I hope that I will find a lot in common with Forex 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?
First and foremost day trading is really profitable, but it needs hard work to achieve success in trading.
You need to learn everything in trading starting from the basic about it, chart reading, candle stick, buy and low system
and etc. In addition to that you should be patience, self-control and don't panic.
The essence of the strategy is to create short-term orders. For example, a trader buys 100 XRP at a price of $ 0.26. At the same time, it creates 10 orders - each with 10 XRPs. Within a few minutes, the price of an asset will increase for a short time, for example, to $ 0.32. The purchased coins will need to be sold immediately. The benefit, in this case, will be not big, however, when conducting such an operation with a large number of coins, the amount of income will also increase.
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?
First and foremost day trading is really profitable, but it needs hard work to achieve success in trading.
You need to learn everything in trading starting from the basic about it, chart reading, candle stick, buy and low system
and etc. In addition to that you should be patience, self-control and don't panic.
The essence of the strategy is to create short-term orders. For example, a trader buys 100 XRP at a price of $ 0.26. At the same time, it creates 10 orders - each with 10 XRPs. Within a few minutes, the price of an asset will increase for a short time, for example, to $ 0.32. The purchased coins will need to be sold immediately. The benefit, in this case, will be not big, however, when conducting such an operation with a large number of coins, the amount of income will also increase.
Daily trading still has the potential as long as it is done with professional and good skills, I think maybe this will be one of the determining factors to make trading still make a profit in the daily run.
I completely agree with you that it was daily trading that brought a large amount of profit for each trader who was engaged in this activity, but one more thing should be mentioned that the results directly depend on the correct selection of coins. Until recently, I considered Bitcoin as a very profitable coin for daily trading, but today Bitcoin is a little feverish and those who engage in daily trading of Bitcoin have slowed down their activities a bit, if you pay attention to what is happening with the BTC price.
I think it’s profitable when you know how to trade in any market, including marginal trading.
Even if most of the replies in this thread says it is profitable if you don't try it, you will never your answer. There is no right and wrong answer if they say it is profitable or its not profitable. It depends on the market situation when you bought your coin. You can't always stick to day trading specially if the price suddenly dropped. You will be forced to switch from day trading to long term holding in some situation to gain profits.
I think it's not good to shift from day trading into long term trading just because you made a mistake. If you're planning to do a day trading, then you should set a risk management such as stop loss otherwise you'll get stuck from the sudden dip of an altcoin you're holding. It's not that bad to accept our mistake and then try again for a better opportunity; that's what it takes in trading.day that you'll be able to catch up and recover your loses.
Though it's depends from investors/traders points of views, there's always good possibilities to those who's willing to stay optimistic.
Daily trading still has the potential as long as it is done with professional and good skills, I think maybe this will be one of the determining factors to make trading still make a profit in the daily run.
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