Bitcoin Forum

Hi, I would like to know:
What is day trading and how does it differ from trading only?

Thank you.

Day trade is taking advantage of current fluctuation if you understand the flow you will earn but its risky since in any chance you can also be trapped with some uncertain problem or if there's a whale dive that's is needed to be learned to avoid loses from your investment. Unlike from trading which you can hold and wait.

First let me tell you what trading is. A trader buying an asset and selling it again is called trading. Generally a trader buys when an assets price is low and sells it when its price is high and keeps the difference. This is how a trader makes a profit. A day trader basically trades on daily basis and buys and sells regardless of the market price.
A day trader buys an asset on one day and sells it the next day whether or not the price has increased or decreased. It has its own set of advantages and disadvantages which you will know if you google it.

The easiest definition will be. Buy and sell it the SAME day. Hence which is why it is called day trading. You may want to ask what's swing trading and long-term as well. If you want to learn buy everything they shill to you and get burned. In that way, you'll be more skeptical the next time and much careful. Good luck young blood.

Day trading is when you buy a coin and sell it at a higher price within a day or two days. Days trading is very profitable as crytocurrency market keep increasing day by day. You should also know that trading is very risky and you should not go into trade without proper knowledge on how trade work and how to manage your risks capital in other not to over trade or put too much percent of your capital into a single trade.

There are two types of traders which are short and long traders and since you are speaking about day trading then it does mean about short trading on which a certain trader do make trading actively and doesnt put a trade that would last long or he wont let theres a floating trade on his account on which he do open and closes a certain trade on his everyday session.

For have a good profit in trading neted wAch at fluctuation price and buy low sell high but for Little profit not try big 1% over price butit for me is enough for sell

how trading works ?
trading will works when in one market can be found a Buyer and a Seller,
so,it works like a traditional market when a seller sell their items and buyer buy the seller items.

trading divided into many parts,and many people divide it into 3 which is :
Short,Mid,and Long.

Short-Can be say day trade or something like that [Day trade is an activity to buy or sell in a day,that's why it called day trade]
Mid - Take a month or more to do a trade,
Long - usually people describe it when they do a trade for more than 6 Months,

many people get a lot profit when they're using Long part,

in my opinion,if you're new in trading you can not do a short part because it's very risky and more likely you will lose your money.
do not every believe what people say and do a research before entering,
Buy on rumour and sell on news < which mean when you heard ther'll be something huge in the coming week or days more likely that coin will get pumped a day or a few days before that news.and huge dump will happen when that news come up.

in cryptocurrency you'll lose it if you sell it cheap,keep holding it if it's not a scam project or fail project,
and you will gain a profit in the future

This sums it up and in general it is just exchanging your coin to another coin with higher price. You can always trade btc to other altcoin or in vice versa. Or the main point here is wait for time until the price goes up. The most profitable from what i see is the long term but you have to know the coin you had invested in. Also if you are new you really have to sacrifice some money. The faster you adapt the faster you get wealthy.

Actually there's no difference about day trading and trading. They are just different on procedure. Day trade usually a short term trade which means you buy a certain coin that may pump in short period of time. They are usually a pump and dump coin. You know trading is consist of 3 categories.

1. Long term
2. Mid term and last
3. Short term

Day trade belongs to short term trading. Anyway, short term is high profit but high risk also.
Some traders prefer long term trading because the risk is lower. But the profits are low also. The only good on long term is sure profit.

For me day trading is instant way of buying and selling the coins in the alt coin market. There is no time limit for this market and it is open 24*7 as compared to normal trade market which is open only for 5 days a week that too for specific hours only. You have all the advantages in the day trading, here you can come at any time of the day or night and trade instantly, buy or sell everything is handy and instant. Thats the real day trading. You can exchange the currencies all the time on trade platform regardless of price, time, or any other factors.

No, it's not. Can you show me some coins which can give you higher profits compare to most coins which could gain more value for mid and long term?
Most coins need some time to get more investors, there is no such things as instantly increase and get high profits within 24 hours.
Yes, trading and day trade is a same thing and the difference lies between the time to buy and sell it, but I recommend to hold your coins at least a week-a month, especially for new projects.

Day trading simply means trading on price swings on regular basis. Price usually keep swinging between two price ranges for every assets in one particular day, some of the elite traders can understand this high/low prices and keep buying when price reaches lower level and sell instantly when price will be near high price for that day.

It is quite risky but it is also profitable if you have enough trading skills and experience.

common sense is follow basic rule. Try to buy at low and sell it when high. It's easy to say this but hard to do in real. But as you practice more, you will do fine!

Day trade is barely for professional traders that have a successful background in the cryptocurrencies market. It's very hard and stressful because you have to be quick when opening and closing positions. If you fail, you can lose great amount of money in seconds. You should always use stop loss orders by the way.

I generally trade altcoins, but not like day trade. I buy them and sell for higher prices. I can wait a month or a week.

This is just a term for traders who trade briefly. They get a cheap price then sell it quickly on the same day. It is done When the price of coins purchased increases about 10%. And usually done in 2 or 3 days.

Very simple, it is a chain of buying and selling activities, where we make a profit by buying a currency when it is low and selling it at high value. Psychology is a factor that affects the trading process.

10% is a very big margin if you consider trading Bitcoin. But for altcoins, 10% is the base margin and usually target for 15-20%. Day trading is hectic and stressful, you have to be on your toes all the time with all the high-speed connectivity. Its better to be on the safer side and invest only in top coins.

This is a very interesting question asked. If we start discussion on trading and day trading it will take a long time and will include many other things related to it but precisely to understand day trading you first need to understand what is trading?
Normally traders buy a commodity for the purpose to sell it on profit in cryptocurrency trding traders buy various currencies to sell them on profit. Now day trading is that this buying and selling is practiced on a daily base whenever a trader finds a profit in a currency but sometimes they come across a loss to their investment as well.

I take a small profit from trading, it's better in my opinion than our capital is stuck for some time.

and we never know how long we hold the coin. There is a part I keep it to hold in the long run and partly for daily.

Hello this is my first time in joining a campaign. And i want to trade my earning on my campaign but i dont know how, when, and where to start to trade. Pls can you help me.? I just wanna know also the factors that can affect trading and how it comes. Thank you for your l bug help..

day trading and long term trading should supposed to use. When you are doing day trading you do actively see on price charts on a certain coin which you would really see its movements since you are hedging or scalping for profits on a shortest period of time which is opposite when you are doing long-term trading.

day trading is an activity that we do in our daily life. we do day trading is because we want to make profit and we can make money in that day or in that week. the different with trading is we only make one or morebuy order and sell when the price is increase. but we don't make more than 3 times activity in trading because maybe we don't have many times to do daily trading.

Trade is the process of tracking the change in value of the currency, then, choosing the right time (low value to buy and sell at high value). It is a chain of work that requires the sensitivity and assertiveness of investors.

Along with the tracking of price rates, you have to learn some technical skills to predict what the price is going to be. Because your next move will be accordingly. Better said here you have to take care of the prices like infant human baby as it may give you totally another picture within a few time.

Trading works simple it is just an exchange process when trading or exchange a coin to a coin like ethereum to bitcoin or vice versa. It is very simple because it is all about the demand of the people so if you got ethereum and you want to trade it for bitcoin then you can play at the market because its price is depending on demand so it is very volatile.

This is a different reason for the day's trading
It is learned in a short form.
Here you can learn how to buy a quick sell trade.

Forex trading works by simultaneously buying one currency while selling another. If the currency you have bought increases in value against the currency you have sold, you can close your position for a profit. If not, you make a loss.
have a good profit in trading neted wAch at fluctuation price and buy low sell high but for Little profit not try big 1% over price butit for me is enough for sell

Trading works by process of bargaining or buying altcoins and exchange it to another kind of altcoins .One example of this when you have a bitcoin and you have found some of potential altcoins that will be valuable someday in the block chain market,so in order to derive that kind of coins you must exchange  your bitcoin in the market to achieve your desired altcoins And keep it or holding it and trade it  again when the time price value is going high so that you can gain high profits.