Bitcoin Forum

I have been day trading Bitcoin for a few months now. Overall I'm pretty much making nothing and losing nothing. It seems to me that there is no logic at all to the market. No matter how much research you do, how much you look at the technical's and how much you try to hedge you absolutely can't predict the massive dumps that happen every day. They appear out of nowhere at random times and drop the market by $200 - $300 at a time.

This smacks of huge manipulation of the market. They are making it impossible to trade with bitcoin in any way other than a pure gamble. Anyone else noticing this?

Day trading for noob is just like gambling because of high level of volatility, you can't always make profit with day trading even if you are expert in market. Its always about difference between the profit and loss you will have in a day. You need to put small losses at different levels and should make an exit at some big unusual spikes.

You will start learning from your mistakes if you will continue day trading.

I think you are not a profitable trader yet. A profitable trader does not lose its money or capital even if the market is trending or ranging on both bullish and bearish momentum.

In every investment vehicle. There is a lot of manipulation happening. My advice to you is to follow the market and not predict its movement

Experienced traders knows already how this market works and even riding with the whales. Day trading is not good for newbies and yes price manipulation is true but this is just for short term because whales still need to pump the market so they can have more profit.

The point I was trying to make was you can't follow the market or predict the market. Unless you are an insider with the whales then you can't win. The dumps happen too quickly. All you can do is buy and hope or sell and hope. I would be impressed if someone showed me a winning formula for day trading bitcoin when you can't control the pump and dumps.

As a former stock trader, I will say that daнtrading is a roulette where zero is a broker and exchange Commission.

The crypto money market is known for its high volatility. We are talking about a stock exchange that lost 10% in value within 24 hours. I do not know what kind of strategy you apply.

F**k manipulators i hope they die with excruciating pain and leave them in hell for thousands of years. Manipulators are the one to blame for many looses in the market i really really hope they die soon. It seems like you are enjoying the fun in winning and lucky enough to join a coincidence journey along side the manipulators that i hope to die very soon.

Calm down. Manipulators aren't forcing you to buy or sell coins. It's all up to you in the end. Manipulation happens in every market, but it's just that in current market the lack of liquidity and plenty of seperate order books make it very easy for whales to just steer the market in their preferred direction. People should just accept that trading isn't their thing, especially with how active the market lately has been. Even well experienced traders are losing out in this market, which just points out how difficult day trading in general is. Day trading in current market or straight gambling, both are quite similar in their ways.

Actually that is a good thing that you didn't lose anything,but day trading is not that much effective only the experienced people will earn from it if yiu are newbie you can earn your investment in no time.

What you said is the truth. There is no way you can predict the outcome of the market. But studying and being an expert can help you in some ways, you can be able to predict something sometimes… though it doesn’t work like predicted. There are investors who usually manipulate the market all the time. They invest a heavy amount of money that will drive up the market and when their profit goes up, they will withdraw the money taking away the money that belongs small investors. That’s why it’s good to set a target amount most times.

actually, the same goes for stocks and other coins. technicals mean nothing at all somethimes no matter how much effort you put in studying the charts.

 That is the fact behind this manipulation which is no one can predict when will be the price will dump again. Because only those big players in the market can control the price . Which is on this circumstances only expert on trading is the only one can avoid loses and can ride the waves of the market nowadays.

I actually agree with you, and this has been delaying my entry into the trading business. Believe it or not, I have been paper trading for almost 6 months now, so I've seen two very different realities. One where the price would simply go up no matter what, and this new one, where the price keeps getting "trapped" and all you get are some small bounces, that seem to mark a recovery, only to be followed by a big dump out of no where.

If you are really just into trading I would say that the best approach would be to stay all cash on an exchange, and try to get small exposure to those bounces. Quickly lock that profit and get out. On paper I actually have some profit, following this method, but I still don't feel confidant enough to put it to test with real money.

If you don't want to day trade, and just invest, then I think you are all good, and you can buy right now. You will probably face losses in the short term, but with all the technological improvements that bitcoin is going to experience, I think they price will have no trouble recovering from this bear market. Manipulation will not have a chance against adoption, and I believe in BTC future.

At this time, this is the moment when to trade even for an experienced trader can be unprofitable!
While the market does not stabilize, I do not advise you to do anything at all!

Not all think that way. With a not stabilized movement then some creates money with it.
Just observing the flow and somehow getting lucky. It is a risk that most day traders take, profits there could be huge which could take care of a whole year of a budget or it could also be a loss of all the capital that you invested.
It is for those who are gambling their way out of trading.

When the price of each bitcoin drops heavily, the only thing that you should do is sell at least 20% of your entire portion of money (the batch that you are trading) and keep holding that for a while.

If it starts to go deeper, sell another part of the batch until you reach a 50%. And then hold that until it comes back up again.

If myself has my own way to notice dumping movement, it usually happens when upcoming weekends or there is bad news about crypto currencies. While the beginning of the week such as Sunday/Monday usually has a good trend to do market recovery, so you can see the volume will be a lot of active buying during the working day.

Not only you do notice such thing but all people who do engage on day trading.Price volatility would be the worst enemy and would be your best friend depending on your skills as a day trader.Might not work on the things you do but dont give up.You can make practice anytime without involving any real funds.Emotion is a great factor that can affect day trading if you do able to think negatively like dumps and manipulation you cant really thing off clearly since youre anxious.

Know what? I have noticed it, too. Either coincidence or not, technically the trend is good at that day sunday/Monday.
OP shall gather more strategies and tactics. Day trading is not profitable for those who are not yet veterans in this field. Whenever you see the continuosly dumping value of your coins, you can sell them immediately. With of course, when you think your profits are just enough.

It is a bit difficult to predict the market movement but it is possible to speculate some coins and sometimes I can predict it right, I think you need more experience to trade, do more research by digging more source information, follow more group signal for reference, technical analysis wont be 100% correct but you will get a better view of the market if you used more trading indicator

Yeah knowing which coin to trade is as important as knowing when to enter and exit. It's not also a good idea to day trade a coin that's continually on the rise like tron and eos. These are probably coins for swing traders since the movements won't be good for short term trades

With a market that is as volatile as the current time, I believe you should trade bitcoin in the short term, which is the safest and best choice at the moment. Bitcoin prices are volatile and difficult to predict, so you need to plan a trade plan in order to control the risk and take the initiative in using the capital.

But for risk takers and those who really understand the flow, they will prefer to try shorting those coins that really moving hoping that they
will be able to gain even in a small percentage of their investment, I agree with you that holding is good to deal with crypto investment as
you will be able to gain good value of your money, we do have different style and strategy in terms of investment what is important is do
have plans and target and we understand the project itself.

You are telling that you are doing your research and still you could not identify how the market moves, it is simple, the market moves according to demand and supply, you do not need to look at the technical things if you are not able to do basic trading, buy when the market is down and sell when you think you have reached your target, it is a simple process. There might be manipulations in the market but day trading is not a solution to make money.

that's kinda obvious, as for me; daily trading isn't a thing which will bring you good profits in crypto.

I haven't doubts that market are sick by manipulation, but if you think to make day-trading you must to know it's very complicated. Day-trading demands accurate research, analytical mind, strategies of liquidation, analisis tecnical. Thus those requeriments are necessary for succes. Only 10% people who operate trading are aware it. Maybe you must start to ask you what do you doing wrong?

that's true because day trading can be very detrimental if we do not really know about the movement patterns of a coin and also the manipulators. but it can be profitable if you are inside the party but it will be a little difficult.

When there is market situation like you just describe, you can not trade bitcoin on the margin anymore. You can start trading intermittently until the bitcoin market is void of dump constantly. There is no straight jacket approach. We must evolve constantly with the market.

No, for trading, you must not be needing experience as compulsory factor because definitely everyone starts here with zero experience. So starting requirement isn’t experience but yes for predicting the prices of coins, you must be experienced person. Because if you have got enough experience that you can pinch out and observed the pattern of coin, prediction can be an easy task then.

maybe you are less fortunate in trading, so be smart to read the news and keep learning to monitor market prices.

because the real trader is always looking for loopholes for success and to his advantage even though the market is red.

You could say it as bad luck yes for sure because we are surrounded by a lot of good coins which give us money and we earn through them, most of traders do mistake so they lose but trust me there is only profit in trading if you deal with wideness and don’t get rush to have profit, have patience and buy when it is red in the market and trade when it will be green, so this way you will earn only.

With a constantly changing and unpredictable market like today, your short-term trading is the best way to make a profit in a safe way. You can see that the market is bearish in the long run so it is very difficult to trade successfully if the long-term investment risk is very high. It is therefore recommended that you trade short term by day to minimize risk.

Day trading is one of good source to earn extra money but like what you said it is very high risk some big whales can manipulating the price in a short run to earn a huge money so if you joined that flow you can also earn huge money but take note dont be greedy in trading if you notice you earn profit the go and sell rebuy when price go down.

day trading is a dangerous thing for an unexperienced fella, I have been trying to day trade and I have made around 50% gain for 2 weeks but than I have lost them in a single trade.

I mean, if you have been daytrading for a few months and you think you already should know all the secrets and how to make millions you are delusional. It takes years to learn, specially in a volatile market like this one. You also have to use more stuff, not just TA, news and events can influence this space heavily.

day trading or trading is indeed pretty risky because one single wrong move can turn into a disaster or worst it could lead to bankruptcy.

Day trading or trading has nothing to do with heavy manipulation and infact if the market is manipulated , we can still be able to use it as an advantage.

Market manipulation can be our advantage not a disadvantage , as long as you know how to handle your emotions properly.

Yes, that's why its not recommended for newbies to really get their hands on day trading because you can really lost a lot and you don't know how did it happen. I also do day trading but I always put a stop or sell my coins immediately after a good margin of profits. I don't want to be greedy because I'm not that experience as well. I just wanted to play around and see how the system works and how I an benefited from it. The gains you got in 2 weeks is really amazing, however, just 1 mistake will cost you a lot just like what happen to you. So I advise everyone not to be greedy otherwise you might end up losing any potential profit.

This is true for any market do you think it is going to be easy to earn money in trading especially at this time? What you are describing is exactly what a person trading without any knowledge should be getting, the market is not moving so only the most skilled traders can earn money in these conditions, so if I were I you I will wait until the volatility of the market was greater before trading again.

Yes, trading day is a psychological play of experienced traders, you can earn a lot when the market growth but also can lose all in one transaction. I also chose hold to invest in this market because I am not good at technical analysis as well as not have much time to monitor the evolution of the market.

Do day trading is more to a logic and does not require proper analysis because it is easy to read when we have earned profit margin then we have to make decisions quickly.

Market manipulation will always exist, the dumping and pumping process undertaken by a group of people is characteristic of all aspects of cryptocurrencies. This is the rationale that is also used by the government, the price manipulation that often happens can make the situation is not conducive and unstable. But again that this is a market characteristic and we can also use it well.

Yeah you are right. Future is not clear and most of the predictions become false. That’s why I never believe in predictions 01. I always search the market b myself and technical analysis no doubt gives great help to trade effectively and make some money. Manipulation is a bad thing in crypto world because low investors lose their money due to whales manipulations.

Trading on a daily basis is the best option at the present time, you can see that bitcoin prices are constantly fluctuating and falling sharply during the past 6 months. The market is in a downtrend so short-term trading will minimize your risk, so ending the day, bitcoin prices will probably continue to fall further if the $ 6,000 mark is drilled and I'm really worried about that happening.

That's exactly what you talked about, because I experienced it by buying TRON coins.

I bought TRON at the price of 800 satoshi and the end dropped drastically to 4080 satoshi.
wrong I also did not stoploss at 750 satoshi, that's my carelessness!

I believe that day trading is the best option at the moment to be profitable with the least risk. You can see that the market is fluctuating continuously and bicoin prices are constantly adjusting over time, so I believe you need to have clear trading plan, accurate analysis and always follow bitcoin pricing.

Manipulation some times is the best strategy for sustainable rise in price and a tool for discovery of true value of an asset!  Manipulation is the rule or better still the name of the game!

Are you day trading on bitcoin only or other alts ? trade on alts when market is trending
first rule in trading is market most of the time is just in a random movement means that it has no directions. every trader has winning and losing trades .
the fine line between an experienced trader and a newbie is what trades you are getting into . keep your losses and learn from it and by time you will be able to identify that line.

Day trading is the real field to losing the challenge. I think no one can escape from losing even a first-class expert can’t make the profit every day. Believe me. It is 100% true that there is no end to learning in day trading. For an example, if you make a call for any pairs which may give you profit two or three days in a row but same condition same time and same strategy can’t work for the next day. Next day you must lose. Why ? because it is the market. This market can’t be controlled by anyone in this world.

You don't know how many times I had same thoughts. That's is the same like with gambling, don't doubt in that. After some time of gambling or trading I come to same conclusion, there isn't point in all that strategies, learning, how much you follow all aspects of something in the end it's all come down to luck. One of the rules of luck is that you need to try and to try and try over and over again, just like that you have chances to get hit by luck. Strategies work for short time, technical analyses are accurate sometimes, so I always say in gambling and trading it's best to mix all that you know, to have balls to make bets and trades with more money with high risk, and you will have more profit than losse in a long run. This is not something you learn over night, you need practice and a lot of experience.

You can see that with the current market situation you should only trade short term and trade on bitcoin, the market is in a bearish long run so if you invest long term the risk will be very high .

In order to be able to successfully trade the day, you have to analyze the technique accurately, combined with market information and make a transaction plan that can reduce the risk.

The trading world is very closely related to manipulation. not only in the world of digital currency, but in the real world like investing in stocks and forex. but a very extreme level is happening in the world of digital currency. we cannot avoid that and all we have to do is follow the path. for me that when we get a big chance of profit even though it's small then we have to make a decision immediately. for me it's much better because we don't need to wait too long and we can reduce the risk of losing. all of these things depend on the decisions we make, let's make the right decisions and also be careful. we must be able to avoid and avoid the price manipulation process that can always arrive at any time surprisingly.

Day trading is great thing in order to obtained a income that helps the people to become more financially efficient and the heavy manipulation gives a balanced situation for all investors in the group.

Heavy manipulation, yeah thats the right word and that is what happening currently. Whether its day trading or otters way of trading everything gets hampered with the crypto manipulation. There are two easy stuff, one the manipulator gets rich by this technique, whether it is day trading or other he knows that the manipulation will bring benefits for him and there is other rest of the people who are weak people and due to manipulation doesnt understand what is going on with the market and loose money and literally give it away to those big whales.

But thats the problem with new day traders in every market. Be it stock market or the crypto market, day trading requires great discipline. No matter how much you feel cheated, dont trade with these emotions. Be rational and emotionless, and you will be a wise trader.

that was on april lol what about august this month i lost everything cant believe what is happening with crypto i just keep lose and lose and yes its manipulated

Research shows that more than 80% of day traders fail in their first year. So, if this is your first year, don't feel segregated or alone in the loss. Almost all day traders suffer BIG losses when starting out, and few actually move on to start making profits. Why? Because they lack the education, experience, insight and have no risk management systems. You wouldn’t sit your grandma down at her first game of Texas Hold’em and expect her to clean up, would you?

I can just advice you to be among the few, that's for the courage to forge ahead. Of course, you should be aware that, you are not to trade with the kind of money you are not ready to loose.
 
Also, you need to Re-Orientate or Re-Educate yourself and also Re-strategize. Trading is a skill that must be acquired, crafted, and honed through training and education. Before making your first trades, immerse yourself in reputable sources of information and consider connecting with a mentor such as someone with a proven track record of success.

You ought to also know that no trader wins 100% of the time. In fact, many successful traders win 60% of trades. However, this is an acceptable figure. To hold on to your wins and minimize your losses, you will need to put in place systems that guarantee this by learning how to use stop loss effectively.

If the price of your chosen pair drops, your coin will be sold at a specific price to limit your loss. This reduces the risk of unnecessary losses, and guarantees your profit from a successful price movement.

Day trading is something that requires skill and patience. The massive price dump that takes place unexpectedly isn't actually price manipulation. It is just some whales deciding to cash out their profit at that moment. You are not making any profit because there is something wrong you are doing. Since your profit and loss always ends up being equal, you are probably not exiting during the right time.

Actually trading is one of the hottest ways or job that we can consider as a  stable source of income in this industry. Wherein many people choose to live with this in order to obtained income.

Not doing a predictions. Just to have a bet on the more real  result. If you will be control your risks than later you will be have a income. The better to doing technical analysis on the crypto- currency market because  very a lot false news in this system.

Yes, its pretty obvious that you will see a huge jump then suddenly in matter of minutes the price goes -300%. So it really doesn't make sense to day trade.

Good that you look at it like gambling, very unpredictable and whatever tools you used are useless once those manipulators started to used their "magic wand" and turn the price to their favor.

Day trading at times of market uncertainties are more risky than otherwise because of exactly that; the market can get manipulated and you could be making the wrong investment.

At the moment when the panic reaches its apogee, there may be a cue ball and will unfold its trend and go up. Probably whales specially do so.

Its good that the OP don’t lose much money on day trading because of this price manipulation. Yes, TA and other things that you do before you trade is useless especially when the market is in bear one. Day trading is too risky, that’s why its not advisable for inexperienced one, cryptomarket are being manipulated believe it ot not.

At first I was thinking that I can make a lot of money with day trading, I was wrong. Now I trade but I wait a long time before I sell, when it comes to buying I`m trying to buy just coins that have potentially great future, and when I get into I wait for months sometimes. When I quit day trading and started with mid and long term trading thats the moment when I started to make serious money. Ripple from 0.3$ I sold at 2$, IOTA from 0.5$ I sold at 2 dollars, but that was a little mistake, IOTA had top at 4,5$. Its best to buy when prices are down, and wait, if you don`t wish double profit wait for longer and you will achieve that, only if you get into right coin, and for me thats trading, buying the right coin in the right time.

That's because day trading is somewhat similar to gambling. In most cases traders don't even care what coin they day trade as long as it is volatile. It's too stressing and not really worth the time in my opinion.

It's not for nothing that the amount of bots has been increasing throughout the years. Instead of people wasting their time staring at tickers all day, they have their bot doing all the work for them.

The thing with trading in general is that most people don't feel comfortable doing so during a bear market, especially with how manipulation through derivative platforms as BitMEX is another factor to closely monitor.

I have taken enough distance from trading just because of that. It makes no sense for me to expose myself to these risks. Being a hodler is way easier and pretty much risk free.

Yes buddy that is exactly what I am thinking for a few months now but could really do nothing about it. Trading is not trading but gambling in crypto now. No analysis could make us prediction the price . The only factor that most of the times derive the price fluctuations is news. News related to crypto derives the price all over the world since peopl react to it. Most of the times it results in a panic sell.

The day trading can be profitable if we only understand the logic behind the price movements of bitcoin and it is hard to predict the moments for now since the prices were going stable at the moment but normally it will be swingy.And as you said in the long term you will made nothing by giving this much effort to the day trading o you need to be a holder if you want profits in long term.

Of course every day we are confronted with manipulations, strong market movement, rumors and scam projects. But trader have to make right decision according to technical and fundamental analysis. Successful day trading requires a lot of time, concentration, and most importantly constant learning. You have to explore many news and rumors every day. So if you learn to identify uptrend and beginning of downtrend you will earn more money than lose.

Even doing technical analysis can't offset the manipulation done by the whales. Whatever direction they want bitcoin will go it will be done. That is why doing day trading in my own opinion is not profitable anymore and it would be like gambling that really dependent on luck.

The whales and the professionals are the one making money from this market and you have to be able to develop your skills and experience in other to make money from day trading. You cannot just invest into the market without having adequate knowledge one how trading works.

Market manipulation isn't new to us,  in fact it is exist since from the start and it is getting showy now as a lot of people trying to do so. We cant stop them  actually and only we can do is to keep safe from doing trades in front of them.

Every market is manipulated in one way or another, you just have to take advantage of the manipulation lol.

It is the same with any market out there, not just with Bitcoin or any other cryptocurrency. In fact, this matter has been discussed many times at great length already and not just here, at bitcointalk. Most financial markets are typically a zero-sum game and given that there are always entities and individuals who can milk the market in some way, for example, through arbitrage or insider info, your only chance of success is pure luck. In plain terms, that means you are gambling most of the time. Or did you really think of yourself as some exceptional trader who could easily outperform the rest of the pack?

As the saying goes, whatever you try to do has already been tried and it didn't work.

While there is no logic in day trading, even if there is it changes a lot, also daily fluctuations are prone to heavy manipulation. Therefore most lose money in day trading.

Why do I have that same impression? ;D
It is not a good thing but I do see it like that and it is also the reason I stopped trading bitcoin.

Switched to other coins and made my way into making profits better than doing it with bitcoin.

Maybe you should try it too.
Altcoins have a higher possibility of profit. Why? You can own millions of it and somehow you could be one of the whales for the cheapest price.

If you understood how the market works you would stay away from day trading entirely. As others have said, it is mostly gambling, and I would like to add that it is gambling with a house edge. In that case, the longer you gamble, the higher are your chances for accumulating losses as you can't take money from the dudes you mentioned, the whales and the professionals. These are either going for sure profits or staying away from the market. Unlike many of us, they don't gamble.

And when they are looking for profits, it means you losing money because their profits are your losses, as simple as that.

Manipulation in the market always exist. But i agree that trading is also considered as a gambling. You make a bet, you win or you lose. It is a game which is highly manipulated by whales. If you are an altcoin trader, indicators are a big help to do a buy low and sell high. Same with a margin and swing trader. But definitely, when whales are already playing, indicators are being useless.

Yes indeed. Currently, the market is unpredictable as much as possible. I also think that there are market manipulations so that most traders panicked and sold their coins. In general, trading is the flow of money from the pockets of some players into the pockets of others.

Day trading is good and was a good source of income for many in times past, technical analysis these day fail often because of those who manipulate the market, it is made worse by exchanges putting up incorrect data to traders.

Price manipulation always exist on any market, i can see also pump and dump price on stocks market and that mean price manipulation can not be avoid on the any market, although that market regulated. Since the market cap of the asset is low ,will be possible to manipulate it by whales. To avoid more loss in any trading we have to use stop loss and avoid use exchange that not provide this feature.

It is pretty obvious for what the market is going to do by just watching the daily chart. Maybe your are crucially trading every moment the market does something?

We could say that manipulation is bad but we can't rid them out since they are parts of crypto development. Crypto investment is just a full of risk and only risk takers might survive in here. We often to say that, those whales are taking advantage over other as they capabilities to do so.

The market is declining as the day-to-day mining is likely to make a profit, if held for a long time the price of coins continued to fall, I find it not very feasible.

Of course, any trading market has manipulators

even at stocks, forex and regular market prices, there are still manipulators

Its already existed, get used to it, and make profit from it

even a small fish could do a roller coaster ride with the whales

Crypto world is really risky that's why we need to be careful everytime we invest our money, we can predict what will be happen for tommorow, but we are not sure if our prediction will really happen because it's just a prediction.

If you want to make a profit, you have to be very patient and have deep knowledge. In my opinion, it is necessary for you to make a profit from this market

Knowledge is actually the main ingredient needed for any successful trade. Anyone without it would always have manipulations to blame for their losses. Analysis also are not totally meant to be right 100% based on the direction you anticipate, if it is that way, I am sure professional traders will not even be using stop loss. A lot of traders always want to expect things to turn out in the direction they please, but it is market, a volatile one for that matter and can simply decide to take  different turn. One good reason for a good risk reward ratio level.

If by knowledge you mean technical analysis that I'm afraid this is not how most markets work, and financial markets are the ones where it doesn't work most. Or why do you think the vast majority of traders are losing in the long term? Do they lack knowledge or what? The truth is in such markets you can't survive and not because of market manipulators but because of people who regularly milk the market in certain ways. Milking means sure profits, but who do you think these profits come from? Obviously, the profits come from other traders as there is no other source. As it turns out, the only way you can beat the rest of your fellow traders is by using things like arbitrage, insider info, and other such things which give you an advantage over the pack.

If you trade using certain proven strategy and it gets ruined by pump or dump, i wouldn't stop using it. In a sense you did the right thing according to indicators etc. but something abnormal ruined it, it doesn't mean you were wrong. Therefore no need to change the strategy.

If you get it right and can make some money then it is a good thing as you can keep earning some money which can help you to atleast pay some sort of bills and this will also act as a part time income and you can support your family as well.

Not a god idea. As stated before, the market is quite often subject to manipulation, so if you're a regular trader with just enough funds, then it's not a reliable source of steady income.

That is usually the idea of the manipulation anyway.
The whales see it as an advantage to make profit off the weak hands and the ignorant traders that occupy the space.

Panicking is all part of the process the whales count on and a lot of people who usually end up panicking and making the wrong market decisions based on the little or no knowledge they have are always the ones who usually end up the victim of manipulation. Day trading most especially requires a lot of experience and you really want to be sure you have that before proceeding.

I believe that everything you describe, the most ridiculous thing is that I find that investing in the cryptocurrency market requires luck, not how good your data analysis is!

If you trade today and lose your coin price today Think you are at risk and if you are just starting to trade today and want to start to buy a coin you are luck and you can afford a cheap ethereum right now.

Yes, I also think that the market is being manipulated. He is very unpredictable and it is very difficult to predict how he will move.

Luck can only be applicable in the level at which what your investment grows over a short period compared to other markets which is something you obviously cannot know until it happens. This is the reason why it is usually good to put your eggs into at least few baskets, to be able to cut across in the profit as well as the loss as the case may be. Heavy manipulation will always be there, it is only left for you to understand what you are doing, have a strategy and play with the manipulations to your advantage.

This is not even about cheap Ethereum, this is certainly about how vast you are and knowledgeable you are when it comes to trading effectively. Day trading is a high risk and you really want to be ready to learn as much as possible, gain some pretty good experience by practicing with funds from demo trades and seeing how good you go over time. In that case, you will be sure to get something substantial from it without adding any serious emotion at all when it comes to you trading.

Cryotocurrency market is completely open and manipulation is not peculiar to cryptocurrency alone,  this type of trading behaviour exist in every market! It is also important to use diverse tools in assessing the market.  TA is no just  enough, you must know the fundenmental  behind the coin been traded!

Yes I quite agree with you. No matter what you do, you cannot be 100 % sure about what will happen the next day and obviously you cannot afford to be wrong at making predictions every time. But at the same time, I think that’s what professional traders are all about. No matter what is the situation of the market, they know how to create the best for themselves. Trading is game which everyone cannot play.

The bad and strange thing is that crypto currency moves with the news and even the false news has a big impact on the price of bitcoins and altcoins. That's the reason why Technical analysis and fundamental analysis fails most of the time and bitcoin moves in opposite direction mostly depended on news.

Day trading is good if crypto follows the TA but actually there is a lot of manipulation in the market with Fud and hence most of the time it is difficult to make profit from day trading.

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How to Earn Substantial Returns During Bear Market?

Crypto market is highly volatile by nature and most cryptocurrencies lost around 70% in value in 2018. Despite that, individual investors are still investing in crypto market and bear significant losses, especially when trading on margin. The main issue is that individual investors can’t efficiently manage their capital as they are not qualified enough to perform token price valuation, fundamental analysis of the blockchain project, technical analysis of the token price movements, and legal and regulatory due diligence. 

Another type of investors are crypto hedge funds that are managed by investment professionals. Generally, top-tier crypto hedge funds with hundreds of millions of US dollars under management have excellent historical performance and track record. Crypto hedge funds that use active portfolio management approach have the ability to deliver impressive returns even during bear market conditions. For example, Pantera Bitcoin Fund's lifetime return was over 10,000% as of the end of July, 2018, net of fees and expenses.

Crypto hedge funds can earn substantial returns leveraging their deep knowledge of market trends, strong investment expertise, and rigorous due diligence. When investing in ICOs, crypto hedge funds have access to exclusive private deals with deepest discounts and can invest in the most promising blockchain projects that are not opened to public. Hedge funds provide their investors with monthly investor reports and perform annual audit to confirm the transparency of hedge fund operations and actual holdings.

Unfortunately, regular investors are not able to invest in crypto hedge funds as they typically require multi-million dollar minimums and are designed for accredited investors.  Under the US securities laws, in the context of a natural person, an accredited investor is an individual who have a net worth of at least $1,000,000, excluding the value of one’s primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year.

ELEMENTS (www.elements.cx) is the first blockchain fund that solves this issue. ELEMENTS offers easy access to investments in top-tier crypto hedge funds worldwide through its native token with $100 nominal value. Each token represents a stake in ELEMENTS capital and its value is linked to the performance of underlying investments, best-in-class crypto hedge funds. Unlike typical tokens, ELEMENTS tokens have a real intrinsic value being secured by a USD capital invested in the most profitable crypto hedge funds worldwide.

Please see more details at www.elements.cx or send us an email to info@elements.cx if you are interested.

At a point, I always feel so many people tend to use the manipulation thing that goes on in a market as their excuse for not knowing how to trade the market properly.

As long as people started realizing that this is a market and shits can happen and learn to understand that there is no way you can always get it right 100% without having to stop loss at some point based on the market moving contrary to where you anticipated, then the more they will start making profit and have less worries about the market manipulation.

Whether market is manipulated or not, people still make profit from it and as long as you are not knowledgeable enough to achieve that, then you will always be a victim of manipulations.

Now, if trading day by day, it would be difficult for us to make a profit from them, so I think you should continue to hold your coin, maybe the market will soon recover at the end. this year

I don't know how traders do day trading, because there is really no logic, you probably buy when it goes lower and sell at higher but you can't do that in day trading.