Bitcoin Forum

Now that market seems always falling down these will prevent day traders to day trade crypto which relatively most of the money from the investors will going to end up day trading with some of the individuals who were always looking after at the graph of crypto market price movement. Now I think they should better be gone. Without these day traders market price could go a good increase all the way. I hope they will not come back.

Still that wont be called as Hodlers.
They will just keep on buying now to pump the price of one crypto and then sell back with a little profit. That is still trading.
It wont be stopped plus some have bots that will now whenever they are already losing.
They can just stop it and then buy all the profit that they have made for future selling.

Pure holders will just keep on buying until one project is fully grown.

always falling down?

2016 didnt fall below $600
2017 didnt fall below $900
2018 didnt fall below $5000

stop living in clouds looking down. stand at ground level of $5k and look UP
treat $5k as your baseline and when prices rise by 1-5% take your profits..
whe the price corrects back down or you see a chance to get another 1-5% take it again.

repeat repeat repeat

day traders are actually IN..  holders are holders because they are holders. they are never 'in' by increasing their holdings. never out losing their holdings.
but day traders see the lows not as emotional times to cry, but as great buying oppertunities. to then sell at 1-5% later

if you going to hold out aind wait for your $5k btc to turn into $10k. then keep waiting.
but day traders would prefer to turn their $5k into $5050-$5250
then the next day repeat it and turn that sum into $5100-$2500
and within months get the $10k without waiting,without emotional crying. and without large risky waiting for 10-100%

EG if you know the price has reached $8k a few times this year. then chances are it will go up again. but dont bank on the $8k.
look at todays prices look at them in comparison to the rest of the year. the low of ~$5800 means that todays $6100 is pretty near the low. so great value. so set urself a goal for 1-5% (70-300) above the price now as your sell point. and buy some now to sl at the sell point you think can happen within a day or 2. (by looking at daily spread changes for last few months) and just put some money into it.
again dont be aining to wait for $8k just go for small percentages and flip flip flip

many day traders do it smart. they dont throw in their whole hoard into  price and wait for 100%. they break it up into lots of smaller amounts and guage when to place each order. but they only place orders when the price is on the dip/discount/low. they dont throw it all in because even if they know the price should hit within hours to days. they may miss out on shorter term further discounts while they wait. so they juggle multiple order lines of multipl prices and rpeat repeat repeat

and when they sell they can choose if they are fiat lovers or BTC lover. for instance
a BTC lover when setting a 1% profit sell point. would keep the 0.01btc as btc and sell the rest. thus returning the same fiat input but using fiat as their btc accumilator
a fiat lover would sell all the btc to have 1% more fiat. and just use the btc as their fiat accumilator

at the end of the day day traders dont care what the actual price is.. they just see spreads of 1-5% each day or week to make their 1-5%. to them it doesnt matter if the price is $2k, $5k, $20k. .. as long as they can see it has correctd to be 1-5%  closwer to the low. they can see a healthy chance it will go up 1-5% easily.

You are wrong. Day traders makes the market live, without them the price will stop pumping when all the investors will hold. They play an important role to make the market won’t go down that much and because of the demands. However if you will hold the coins it has a big chance of gaining more profit but you have to set a time span to sell it because holding the coin for a lifetime won’t give you benefit.

Day traders didn’t felt any bad effect on crypto price the help to pump the price always and then this resist the coin to go down. Hope it’s helpful for any crypto.

I think day traders still able to gain the profit if they expert in trading effectively.
But most of them must be in pain because trading in this kind of bloody market on altcoins.
btc is not too affected by this bear market.

Why you want to get rid of day traders?

Do you have problems with them? if someone doesn't want to see the regulations, they would want to see these day traders out.

They also add dominance to bitcoin by converting their alts to bitcoin as a safe bet.

actually now that prices are falling like this with a fast speed, the day traders are coming back to the market to trade more. you see the real traders make profit from change in price not rise in price. and change can be up or down.
even in a down market you can make profit. this can be margin trading or simply buying the dips and selling after the small recoveries for a small profit.

I'm not going to do daytime trading, but I still believe in Bitcoins, even though the market is falling. Now I've converted all the altcoins into Bitcoins, and from now on I'm going to make a HODLERS.

the price every day goes away falling continuously, but in my opinion we don't go to sell the coins that we have, we have to be patient to get the price back up higher than the price of buying us again.

when prices go down, it does not mean that traders are on holiday, they can still trade altcoin or bitcoin as usual,
even the opportunity to get profits is even greater when market prices are falling
it's just that, daily traders will be more careful than pure investors, because daily traders must take advantage of the moment of every hour

Day traders are always there.  No one can throw them out.  They will be earning while in rising as well as in falling markets.
They are the bulls in rising markets.   They are  the bears in falling markets.
They always earn provided they have some expertise about the market.
 

Yeah, what they do, is just a coin flip with odds on their side a bit. As they do many repetitions the, they would lose many of the flips anyway. I dont know about transaction fees, but in my opinion daytrading is only slightly better strategy in milking money out of new joiners.

what you are looking for here and describing are bag holders and panic sellers not holders and day traders.

holder is someone who makes a long term investment with wise choices. he invests his money in bitcoin because it has true potential and he invests a reasonable amount that he doesn't need and can afford to lose. then he stays away from short term speculation and enjoys the long term ride.

a day trader is someone who makes profit from short term even daily fluctuations in the market. it  doesn't matter it is rising or falling the profit will be made.

now on the contrary a bag holder and panic sellers is a person who doesn't know what they are doing. they haven't bought bitcoin because they know its potential, instead they bought bitcoin because they read somewhere it is going "to the moon" so they were expecting to become a millionaire by now and that is why they panic sell, because they don't know what bitcoin is they just read another new thing telling them "bitcoin is dead" so they sell.
it is a good thing that we have drops like this because even a small drop like today's will flush them out and decreases the volatility.

It's really a big thing for day traders to profit at least 1% as we all know how risky day trading is. Though there were no big effect in the market's movement it will help the market to nourish.

Some people doesn't have an idea how's the life of day trader than holder as they're the one who have the balls to see the beauty in bear market and make the most out of it.

Day traders are essential for the market if they are not in the market then price will stop pumping. They play a great role in this market and for them market won't fall.

This is a good dip to buy, but i thing many buyer just wait to get small profit before they sell again, im personally just buy 6 altcoins today @50 each, i want to sell it at Q1

Yes, it's hard to daytrade and even harder to make profits whe we have such huge corrections, it's a great buy opportunity for long term holders, any coin you'll buy right now will give you a big profit in a year perspective.

I am not saying them holder because the never hold coin for much time and but a holder do it for a long time.

I think day traders is needed to have a perfect recipe on the movement of the supply and demand of cryptocurrency. Without them I think there will be irregularities in the chart and there will be a price dump and price pump unexpectedly.

it is a free market and this is a decentralized and free to use currency, so you can not tell who and how uses it. there will be day traders and there will be holders at the same time.
these swings are mostly because of the small size of the market combined with the fact that bitcoin investors are too excitable in my opinion. they jump on smallest of news!

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Why trade crypto when everything is falling when you can trade Forex using bitcoin. And we all know that Forex has a lot more opportunities to profit from.

Day traders cannot be stopped because of a bearish trend which is very common for a market like this. Moreover, since the prices of cryptos have fallen and showing little signs of recovery in case of some promising coins, they will still opt for those and try to make profit out of them.

I don't really agree with you. Cryptocurrency market is always fluctuating and there will always be day traders and long term investors. The cryptocurrency market cannot sustain without both the day traders and long term investors. So, the market won't progress if most of the day traders vanishes suddenly.

I think that day traders are not out of this investment. Because they are one of the reasons why bitcoin price is going up and down. There are smart and experienced traders and they know how to handle this kind of things, there are rules and strategies to be followed. 

Yeah agree. Its really hard to do trading today because coin today is hardly to pump because of dept market fall

I will not agree with your BTC always falling conspiracy but will agree with day traders misery. Day traders are not being able to operate with ease with BTC. But they do make profits under such moments by figuring out floss points and making buyers influenced.

How come crypto holders can keep the market alive if all they do is keep holding their coins to themselves. All types of investors and traders are needed for a market to run smoothly which includes day traders too. So, I see no harm in day traders existing in market.

Friend day trading is fantastic and it's important to this market, it helps in daily liquidity, and even price speculations: which is good for this space. So day trading can help test the strength of any token. Currently as we stand now, day trading is not day job, times are hard because of the heavy bloodbath.

Day traders will always be a part of any market, some people just like this strategy and some are actually quite good at it, so no matter what happens with the price, they make profit from short price movements, even if they are small. I don't understand why you hate them, if Bitcoin's volatility makes you nervous, then you are not a real hodler and not a real Bitcoiner, because Bitcoin's core principle is freedom, and people are free to trade however they like.

Day traders are actually the ones who have been able to keep the market active to be honest. Because of them the demands of the coins have been high and not dead.

Lol than you don't know about trading in bitmex i think.. 😹😹..  Even in this dumping market made the 10000$ in one day in bitmex. So i don't think dumping is a problem for me at all..

First of all, the day traders are not out yet. They might have moved on from Bitcoin but there are still some Alts and forks which are profitable and day traders are focused on those right now. Secondly, the market isn't always falling right now, it is stuck between 6,100$-6,500$ for last few days, which is still a good price for the day traders to gain profit from.

What? This is a day traders paradise at the moment.  ::) Any day trader will cherish a 10%+ decrease and 10%+ correction in one day, like we have currently. On a $6000 bitcoin base price, a trader will gross about $600 in profit, with a 10% price movement.

If you only risk 1 bitcoin every day, and you rinse and repeat this strategy daily, then you looking at a $18 000 monthly gross profit. <Give or take some trading fees and withdrawal fees etc.>

Day traders just love this kind of volatility.  ::)

They used to buy more coin and after that they should buy these coin with a little benefit and it will help to pump the price of specific coin.

day traders may indeed cause adverse effect in the market.
especially those who just started in doing it because they are very susceptible in selling their assets whenever they see a decline in the market.
so i am with your opinion that it will be better for cryptocurrency community in general for them to be gone....
:D

Seriously????? You think this kind of up down will deprive the traders from trading?? I don't think so.Only noobs will got lewiidate in this market. Real traders trade with stop loss. So they are eating their cake and recovering their money and also gaining profit in other ways. Like bitmex

Without day traders,there will be a heavy fall in demand for cryptos which would affect the price of crypto coins.But most think that day traders were responsible for fluctuations in crypto prices.Each coin has two faces,a head and a tail and both should be considered.

First of all, the price of bitcoin is not falling down, you could see the prices compared with one or two years before. The second, the day trader will not be gone as you said before. As you can see that the prices are still fluctuative, it means that the day trader who did that.

I am holders when I've joined crypto world. But I can't agree with you. Holders has big loss with this year for 7 months. But day traders has used stoop loss and their loss not too big. I think like that.

Theres a right timing to profit here in cryptocurrency,daytraders don't really trade daily because they need some time to generate income,yes there's some coins that gives income in a span of hours or even minutes but many gives for a day or more so theres no really specific time for this thats why both holders and traders has its turn to gain

It's not true that market is constantly falling and day traders will always find their niche for profit, they just have to be present all the time and react quickly.
Maybe it looks like holders have some kind of advantage now but everything is in right timing and good balanced strategy so I beleive day traders can benefit good too.

Maybe today market is not stable. it's make confused for traders and bitcoiners. Some people hold their crypto, And there are also sell their bitcoin, or the most severe there is has stress. :)

In your opinion you are correct at ane point i think. That is  as you mentioned, as this is a time period which crypto value is is in a bear trend it is not wise to day trade just by looking at the charts. So long term trading is better to adapt. But i cant agree one in one point with you. That is as you mentioned, market is going down as because of day traders.

Why do you wish them not to come back? They still have a role in the community and they add volume because of investing. They can still trade even though the market will go down and that is by short trading.

Price fluctuations in the market and the crypto market in particular are absolutely normal, day traders may somehow affect prices, but still the price is determined by supply and demand.

I personally do not think that day traders have any blame for the state of the market at the moment. And in general, I do not think they will give up from trading on the market. Daily trading is a very profitable thing.

I can't agree with you on this. These day traders keep the market alive. If they didn't exist, all of the investors would hold the coins and thus could make the market condition dead. That's why we need the day traders to keep the cycle of bitcoin transaction going on.

I have always dislike crypto day grading as the risk is quit higher,as you migth have to regularly monitor market changing trend which is dynamic, day traders are no where to be found.

Falling price doesn’t deter traders; they can go short as well as long. If day traders left, why would price go up?

Anyway, day traders don’t dictate whether price goes up or down, as the exchange and OTC markets are much larger than them. They benefit the market, though, because they provide additional liquidity. If anything, we should be thanking traders for that. :P

In bitcoin market, no transaction will happen if there is no day traders. Because holders will always keep holding and investing on bitcoins. It is day traders who keep transaction cycle of bitcoin going on and keep the market going on. So, we need them for the welfare of bitcoin market.

Day traders are taking their profits at this kind of market conditions. They love price that moves in fast speeds unlike movements that remain horizontal. Those are hodlers are taking advantage of the dip as well, at this point when price seems to stay at $6,000 USD level, there is no way but up by end of 3rd and 4th quarter of this year.

It’s true that these day traders are affecting the market price badly. The real and true investors loose interest due to this kind of business dealing. We should discourage people doing this.

Why should day traders exiting the market be good for cryptocurrencies? Speculation is also good, because it provides liquidity. The person who buys your bitcoins when you have a desperate need to sell might be a day trader after all.

I think day traders are still celebrating and having fun doing trading even if the market is in red. If they really are that good in trading, the dump doesn't affect the way they trade and how they earn in and make profit doing day trading. Traders always find ways in order to make profit.

I don’t think they have just gone. They will come back and pump up the price in a bad way and will create a temporary market price and due to these kinds of people Fake ICOs are getting space more in the market

unfortunately these days market are falling everyday, but in these situations we really needs to be supportive over the market otherwise we could never able to overcome this situation

It is normal for every good thing to go bad times. This is happening with the crypto. Those who leave here once with losses, i think they do not return. But I hope the crypto retrieves its previous place. And will help to get the profits.

Wrong.Day traders still can get thair money becouse of volatility through the day. And this also does not mean that day trader are guilty for this correction.We all need day trader.Well,at least some of them get me some pasive income at Binance  ;D

If you want to buy or trade Bitcoins multiple ways exists for you to do so.

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It was hard to understand you but i did try my best to be helpful in this case. If you have any question you can pm me.

Crypto is now passing a bad time. When someone goes through a loss during this bad time and it will not come back, it is normal. But you do not frustrated, you can benefit from crypto investing in intellectual property.

I think this person needs to know the improtance of  trading a token ! So if you remove trading from cryptocurrency , are you just going to  keep buying without selling, ? And who is going to buy from you if you decide to sell later.? Think of these and  have new perspective about trading.

Perhaps you are right that day traders interfere with the constant growth of bitcoin. However, they are needed for the market to be alive. It is difficult to live without day traders. And I started with that, too. They don't understand that .. much better than the short speculation.

The crypto is followed by liquidity. It is difficult to predict about this. But those who once went out with losses will not come back easily. But if you want to profit in the crypto, you have to give time.

Traders are the ones that makes market lively, Intersting, before other big factors come into play. one of the best thing is to be a trader, because everyone can't be a holder. If we all hold, then there will be no activity in the market, and this can make the tokens not tradeable. While you buy and hold, its good to trade what you hold, take profit and invest.

yes guys, at this time the prices of Bitcoin and other crypto currencies are very unstable, even the trend continue to fall. if you don't have a daily trading skil because of minimal chart analysis. it's best to be a holder. and leave your monitor, forget the daily price. and return after a few months or years. see the results, and I believe it will make a big profit.

I much not truly understand, why market price increase all the way if the day traders should better be gone,because  in my own thought day traders have there own way of works,while those some crypto earner have there own idea on how  to hold or circulate there own investment,but in the side of the day traders  i can define  thats the markets is healthy and have a good economic growth if theres is a  movement of buying and selling  crypto stocks,so the day traders have a big contribution  of this movement,while in the other hands those Hodl earner have great contribution to maintain the stability of the crypto coins,therefore i conclude thats both of this two have a great purpose in the community of digital technology.

to balance the market situation day traders are important. because of them the demands mainly increase. we can not think the market without them.

i think the people who make the market alive day traders are one of them. you never can stop them. to make the market stable we need them.

Liquidity in the market is possible because of the actions of day traders. Their constant involvement in the market through buying and selling keeps the market up and down. There are very essential in the price movement of the market.

in situations like this, only strong traders will survive. If today gives up, that means losing. when prices fall, take the opportunity not to be afraid to trade. because many say this is just market manipulation.