Bitcoin Forum

what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.

Now a days making profit from altcoins really difficult.but with proper research can help to make profit.few days ago made profit from ltc and eth.Though profit amount was not high.Now I exchange my all altcoins to USDT.Now trying to watch Market carefully.in this situation entry in altcoins is risky(in my view).    

altcoin what do you trade, my advice trade in coins that are already popular, and avoid new altcoins, or just trade with bitcoin vs USDT or other stable coins, because almost all altcoin will follow the movement of btc, to get a big profit, depending on your capital, for example you have a capital of $ 10,000 with a profit of only 1% you have got $ 100.

When it comes to trading, strategies are always important and a no.1 factor for you to earn in trading. Most of the altcoins are not that popular and they not prioritize it once it is not in the market list.

Always observe how market works and it will guide you on what to do next. Making decisions without proper execution is hard to exchange so watch out.

So not only bitcoin, altcoin is also uncertain and sometimes working in a downward movement.

Well, don't aim for big profit in one trade. Small but consistent profit can be huge too with compounding effect. The big pump days are over in my opinion. You won't see many big gains in altcoins that often anymore. Target for a small profit but do it consistently.

Don't rely on others tips. You should learn how to trade too. That way you can be independent and not begging for tips that end up bad anyway. Btw, do you know that you can profit from coin that going down too? I would recommend you to read a lot about trading before really jumping into it with real money. 

not difficult if you want to learn and be grateful, behind your desire to get big profits is a big loss is also a big risk, have you thought about it where the trader has a high risk if we buy wrong and not on time to buy, just my advice if you want to get high profits you should have learned a lot from the trades that you have missed, I think that is enough to teach you, a few more you can learn the TA for crypto price analysis on YouTube also being able to measure the right time to buy and sell, difficult to study in this forum

Being able to make a big profit in today's trading is very difficult or not. If you know well, you can easily earn profits by trading. But before trading, you must first learn how to trade. If you trade without knowing, you may lose the money you invested. Also, everything will depend on your capital. No matter how hard you can trade daily in the short term.

Today many people are struggling with their trading because of different issues; it is easy today to find what we needed because of the internet. However, we cannot learn anything still we need to have to experience what real trading is. Even we have knowledge about how to trade; still, we need to continue studying and do our research to increase and gain the information we have. To have a concrete answer to our questions, it is better to ask another professional trader to make sure our transaction. We must learn to our mistakes in trade to make sure in the future it may help us. We just need to know in trading is when it is the right time to invest our money to avoid losing money and income.

Honestly daily trading is profitable but  not as much as long term trading. If you do daily trading you need to choose right coin and right site to trade because all we know that there are so many site offering a good trading activity but in the end you will get break even income or worst loss. So it is better to make some research before you engage to trading.

Exactly! OP has some points. But as a trader, you should still generate profits, small or large, that are still profits. You shouldn't go for large in first place, because it will also take some large risk.
For the past few weeks, we experienced some huge price actions like massive pumps and dumps, especially in Bitcoin, even you are trading short positions or long positions, these massive dumps and pumps will still REKT you.
For OP: you should also learn how to trade short positions so even bear market you can do some short positions or even in bull market, it's up to you.

Daily trading should prioritize bitcoin analysis as a linking direction for altcoin trading, you certainly understand why altcoin always follows the same movements. All also depends on your capital, if only about $ 200 then the daily target doesn't have to be big, you have to get used to scalping consistently to start accumulating. it is better to wait if in a floating condition, the more often CL, your assets will also be reduced and affect your emotions.

I think this is not the right time to trade in altcoins. You may buy it for hold for a certain time and trade with bitcoin. Just think about Matic, huge pump and dump are happening on that coin which makes Matic a shit coin, the same thing can happen in any other altcoin, therefore Etyhereum price collapsed again. So, better stop trading with altcoins for a while, trade with bitcoin or be a holder in this rough condition of the crypto market.

Let us be realistic here, Market that has a high volatility rate does not have the same rate of effectivity on trading in daily trading, It means you don't have the same chance as yesterday even if you have chosen the right coin if the market is not that profitable then it won't work. Regardless of what coin, what you need to have is a perfect timing to maximize your profit so you'll be lose proof.

Altcoins are pretty much seeing constant ups and downs so I'm not gonna blame you for feeling like that. Even BTC has had difficulties establishing a pattern for daily traders to follow. But there's also the fact that its close to impossible to actually gain a large profit from day trading, much less altcoin day trading. Altcoins are huge opportunities sure, but most altcoins eventually go down the dumps if not going up slowly. They never experience a boom that are that huge in the market, sadly enough. Most coins only exist on the market for around 2 -3 months then die off because no one even uses them anymore.

It officially started around mid 2018, when crypto market went into a bearish trend. Top ten altcoins went on a downward spiral and most of them are in the 60%-95% below it's all-time-high. As for the tips, hard to say, we all have different strategy here and I'm not sure if someone is willing to share his/her strategy. Also, bots are prevalent this day, I'm not saying that you need to get bot to help you out. But the market has bot that can trigger pump/dump everyday so it's really hard to make money today.

Daytrading may not easy in this curreny market condition but if we really could take the advantages of it will be a great chance to gain profits since the price of almost all altcoin and bitcoin is so agile and we have so much chance to get profits from scalping trade. But we have to be really know the wave of the market to do it.

I disagree with your opinion, although we can see Matic become a battleground for whales to pump and dump then become something that many people are afraid but you should see the profits that we can make when we make good use of these opportunities, the amount of money is immense if we know how to stop reasonably. While you can see the discomfort in bitcoin's movement, the downtrend of bitcoin is so frightening, investing in bitcoin sometimes only makes us more nervous than ever, altcoin is still a place to gain good profits but we are forced to live with risk if we want to make a lot of money

when bitcoin sideaway is indeed quite scary for daily trading, because at any time altcoin can go down. but if you are an expert that can minimize the risk, at least still able to take advantage of 10%, that's enough in my opinion. I myself can still make a profit of 10%, although not every day sometimes it takes 1-5 days.

bitcoin is stagnant, but I worry when Christmas the price of bitcoin falls because people have many needs. so the risk is also for altcoin, it's better to wait until the beginning of the year, while watching the movement of bitcoin until the end of the year. right now I prefer a few coins that down deep, so that later when the time comes I will get a big profit.

It is very difficult to get big profit these days because of the current price wherein if it will increase but it’ll increase a little and the price also fluctuates rapidly so it is very hard to predict accurately and day trading now can be very challenging because of how the market moves. However, if you will only be smart in trading then you can still get profits it may not be that big but you will be able to get profit little by little and for let say days then if you will combine it you will realize it is already big, it is just a matter of proper strategizing.

Why it very difficult if you prefer in long term trading or holding rather. As long as there is volatility and the price fluctuates now and then, you will have profit by that. Dont assume that the market always showing green colors because that impossible to happen. The most important here is just you know when the perfect time of buying and selling points. Altcoins price was tied up to Bitcoin price and they are almost the same movement.

I should agree with you but I have my own reason why it is hard to get high profit in the current market condition. I would say, HYPE is ended and many people are leaving crypto market  which leads the price to not really volatile. In other hands, it means that the current traders and investors are those who really believe in crypto.

the possibility of your analysis is not good, personally I do not trade on altcoin (I only trade btc/usd only), my way is that I determine the position of buying and selling through candlestick charts only.
And by the way, altcoin keeps going down because it's approaching Christmas and many people are selling their assets, so it doesn't seem right to trade this week. after Christmas there is a possibility that prices will rise again, try to prepare your buy position and don't forget to see the movements on the candlestick charts and also follow the updated news.

Too bad to say that the market isn't like before. May we see that prices keep rising before but unfortunately, it is in a long struggle and we can't even experience bullish this time. And you are right OP, it is really difficult to become profitable but yet, we can still make it if we never been working on it so hard. Trading will also matter of what coins we are going to trade/hold, cause if we are using those less fortunate coins it is really we can think of becoming profitable.

There is nothing we could do.
All altcoins are still marked red and that keeps on going up until now.
There is just not much profit in altcoins by now.
Try bitcoin if you are having troubles with alts. The market of it keeps moving but it will be difficult for a daily basis.

The golden days of trading are over now. Its harder than ever to research and trade in these fluctuations of bitcoin pump and dump. Also the projects are having a tough time to deliver what they had planned because of various reasons. Right now we can see people are only interested in Bitcoin and because of this the dominance is higher than ever.

well said   .  this is crypto trading all about  .  we cant say that trading is difficult because of the massive decline of the price but if we will only look at the bright side we can still buy coins at cheap and then we can just trade them and take profits little by little because the coins can still fluctuate  .  we only need to disregard the mindset of earning large profit because if that is you seek thesedays you will only be dissapointed  . large profit can still come if you have patience of saving your small profits that you get from short term trading  .

Aim small, miss small.

That should be your goal right now. The market makes small swings right now. You can still profit from that. But if your goal is to win big, then you have to wait longer. Take advantage of the small swings then even now, making a profit will not be that hard.

even with this major pairs its still difficult when you have no way of forseeing what is coming. there isn't really much left to do right now that just watch the market. i stopped trading for awhile because the market obviously is about to go up when you check the weekly chart but isn't moving that way still. maybe this is really the way it goes because of the bakkt or simply there are just who manipulates the market that will keep small traders stuck to just holding their btc instead.

Well, not really today, but rather just in this season. BTC hasn't really shown any large movements that could provide any chances for traders to actually earn large profits. Pretty much the season could be said to be time for accumulation. Not only BTC, but also altcoins are currently being seen as such. Heck, they are even constantly going down instead, unlike BTC with its sideways movement. Plus, not much announcements about good altcoins have been left on the market, so no good investment could be really done in there.

For me what make difficult to do day trading is pick right coin, because since first we forced to look coin that might be can profitable in short amount of time. Honestly until now that kind of thing that i mentioned, i still can't do it good and i prefer on long term hold right now. If you already know about technical analysis, maybe only need more practice and time so you can always pick a good coin to trade.

Actually OP want to have the profit from altcoin trading just like the end of 2017 year which is hard in the current market but not everyone have to think about that time in crypto they also have to think about the time before that in which the price and market was behaving like that and in the time of halving the price got a huge value and all of those who hold their coins got a bigger profit. We are passing through the same  time and in this time our profit and benefit is in holding.

The market did not have too much volatility and altcoin had no waves. So it is impossible for you to make a profit during the day, it is best to invest in short-term or long-term in this cold market. That's the only way you can earn the most reliable profits without spending too much time tracking altcoin and bitcoin charts.

Tracking altcoin and bitcoin charts means that you are doing research about them before investing in them and it means that you will be able to buy and sell at the right time so it is better to not avoid it. If someone will not do that type of research then it is impossible to get profit and the loses are possible in that trade.

You do not really give us an idea of how long you have been trading but for the past two years trading altcoins has been a nightmare, obtaining profits in that market is so difficult that even if you were an expert trader your experience may not be that positive, there is not really any tips that we can give you the only way to obtain long term success is to devise a system that works on the long term and then stick to it, it sounds simple in theory but believe me when you try to actually employ that system you will realize how hard it is.

You may not get a "large" profit in one swift action but you could always get a decent couple of profits that are quite small that combined makes a large profit. It is still difficult I know that, even making 20% profit in a whole year is difficult but if you know your times right we are talking about a currency that started the year 3400 dollars which is over 7000 dollars right now. That is 100% profit in one whole year and you can't say doubling your money is not a large profit.

Definitely, day traders are having a hard time but 2019 was an amazing year for the long term traders, if you started the year with bitcoin and didn't sell it (or didn't buy any new) you just made 100% of your investment back in just one year. There is not that many thing in world that can give you this much profit.

The golden years of dumb trading where you could go in at any moment and see 50% gains by the end of the day are surely over, but that doesn't mean trading is over. The market has changed since futures allow people to short and not only that they allow people to short with fiat, without knowing anything about crypto and owning it.

Now it's more difficult because those people are bearish and are trying to make money on their bearishness. If they were bullish they'd buy bitcoin instead of trading futures.

Indeed, now we have to be patient waiting for the market to rise again, if we pay attention to the price movement for several months
not volatile. This makes it difficult to obtain large profits, but we must remain optimistic about the future of crypto trading. Now it is
natural that bitcoin and altcoin prices do not show fluctuating price movements, because we all will face christmas and new year. It's better
for us to take a break until the new year ends, and start trading in early 2020. Definitely going there is a surprise price increase, and if that
happens we will more easily generate large profits.

If you really observe the movement of the market, you will see a lot of opportunity from the past few weeks that are given by the altcoins in the market. There is always an opportunity in the market and you just need to analyze each of them in order see and to filter the good opportunities to bad ones. You have to do it by yourself and do not depend on other people's recommendation so you will be able to maximize the profit.

My sincere advice is that you should stop trading the alts now. There are hundreds of "potential" alts but only a few of them are real, such as Matic, Chainlink, ETH, Tezos, Cosmos, Tomo, ... besides, all is garbage and it will soon die when Bitcoin was dumped again. Besides, now the market is bitcoin, its Dominance is now up to 68.6% and shows that not many people are interested in alts anymore and of course no one will pump the price of the alts up. Now you should just trade bitcoin and hold it until the market grows again in 2020, don't try to trade when the market is in downtrend!

I think you are not alone to feel like that because many of us still feel difficult to get a good time to trade. That is normal because, in the unpredicted market like today, we can make a mistake anytime because the market can go anywhere, which we don't know. But if you can buy at a low price, and sell when the price increases, you will not feel difficult because at least, you still make a profit although it is not too big. I think that will be okay because as long as we can still make a profit, we can do that over and over. I am sure that we will make a big profit in the future.

I know it’s very hard and difficult, although I believe that, with proper risk-management, proper strategy, and adequate knowledge of technical analysis, one can profit in the crypto market. Rules and guidelines for any plan or set up is as easy as A,B,C,D. but we lack control and carry zero patience. That’s why simple trading becomes hard. Risk management is all it is. I go through this everyday and I know how hard it is for me to hold myself back. I find it really difficult to keep the money. Making money seems easy at times keeping it and walking away is very hard.

Large profit is not my current goal. We should think smart and we should not be a greedy person. My goal is always about how I going to protect my funds in order to survive in the market. It is really hard to win in trading because of the volatility. But if you have proper knowledge and enough skills then we can easily protect our protect and we can manage to grow it.

I also do the same thing particularly these days that there are a lot of scammers and hackers we have to secured our funds from them. Actually up until now I don't think that I have enough understanding but I keep on improving myself and keep on learning even if it's hard to cope up with every problems in the market, I'm still able to overcome it and continue my trading. Trading is hard and earning huge profit is difficult but as long as you understand that sometimes things doesn't come out as we expected then you can handle it, also when you are patient and you apply your skills and knowledge.

This is sideways, you'll never get chance to know where is enter and exit position, best way is wait until next year and buy back again. No one will interesting to wait but if you push to enter market your money will stuck and there's chance price will go deeper than before, you'll lost. Cut loss every transaction you made and wait, be patient for better position to buy back.

The best thing to stay away from most altcoins which classified as shitcoins, just pick some famous which tend to follow bitcoin path whenever it surges. Do not fall to the trading group advice to buy some altcoins, just check information regarding the development and acceptance or utility of altcoins, buy and be patient, it takes time to make a decent profit, that's why day trading isn't really profitable for small fish, whales who take the most.

It is actually easier said than done. Look at the movements in crypto in the past 1 year, just check the prices and tell me in a perfect world where you buy every single dip and sell every single peak you wouldn't make money.

Someone who did that would have been super rich right now, doesn't matter where they started off with, if you used that for 10 crypto currencies including bitcoin as well and started with 100 dollars, you would have probably over 10 thousand dollars right now and for someone who can spare only 100 dollars that 10 thousand is huge, if you are richer and can spare more you would make more as well so it works out for everyone. The trouble is not the movements, the trouble is to predict those movements, there are plenty people who buy from the top and watch it go down as well which is the biggest issue.

I totally agree on this one, we should not stick on a single strategy because the market is always changing we should also change our strategy and market approach every time we deal with the market. What I do now is just hold, I see no difference in the market moving down since the 2018 although btc has gone too far. It could take another year for the market to skyrocket, or worse it could take couple of years.

trade on bitcoin / USDT. it's easier to predict than trading on altcoin. it's just throwing your money away. a few months ago, I traded on altcoin. The early days are very good. profit of more than 30%. but in the end is destroyed. my funds and profits have been reduced by more than 70%. because of the uncertain direction. Bitcoin is more for trading.

Given the current market, I also think trading BTC / USDT is the simplest way for us to make a profit these days. The current altcoin market has no volume, and if the market is bleeding, we will surely receive a loss of 10-20% if we do not place a stoploss.

In my opinion for the current situation the market is not good for daily trading and is very risky and very unlikely to make a profit, it is better to take a short break for daily trading or switch to long-term trading which is certainly profitable and most importantly you have to wait patiently.
and indeed knowledge and skills can help in any trade, but the market situation is very important to make the right decision so as not to regret it.

Don't use daily trading strategy because market in sideways mode, your money will stuck or lost value. Sideways is critical moment that market will show the real direction ( soon ), market only need impact from buyer/ seller and currency as pairs. No wave in this mode only correction available. Use long term period strategy to face this situation, martiangle money management for manage risk and small fund for buy back. Stay calm and pray.

The market is very volatile that we can't predict or we can't say when will the price will increase or decrease, that is why it is hard to trade today. Cutting our losses is one of the best options that you need while we are facing the bear market for us not to have huge losses because holding our coins today are dangerous.

Trading  isn't easy as you think. Considering that you are doing such DAY trades. The market is hard to predict, gaining big profits is difficult to achieve now, there are so many sideways especially in day trading. I may suggest you do some margin trading or a long term trading, at least  less risk but a high chance of profits.

It is really difficult to trade if you do not have enough information. It is easy to trade if we have enough information and if we know what we are doing. If you want a large profit then make sure that you fully understand the whole cryptocurrency. You should know when to entry and exit in the market. Having risk management can help us to earn big amount of profit.

I'm sure when we facing the real market the knowledge in cryptocurrency is not easy to implement in trading, even we already have much knowledge in crypyo, the market is always succed to surpriced us with it's crazy movement.

Now we have to realize that the market never looks to be an easy money driver and become a multi-millionaire for just a month or year. Then people will stop thinking like that for they have been experiencing difficulties right now. The crypto market hasn't huge market support by now https://news.bitcoin.com/market-update-bears-claw-crypto-prices-below-long-term-support/ making this way to drop the price. But I'd don't think that we can't be able to make recovery, it might take days, months or years to have it and patience is very important by now.

I think, with the current market conditions it is indeed difficult to be able to get a profit and do not expect you will get a large profit, get a small one is very difficult and you should be grateful if you are lucky, but keep trying

To be honest, there has been "investments" since 5000 years by now, literally proof of Sheppard buying more and more sheep as an "investment" so they could sell some of them later instead of actually just having "enough" for them, so there has been the idea of investments for centuries and it has never been easy to invest and make money or make money trading.

If you think trading was easy back in the day then you are looking at it in hindsight because it has been very difficult during those times as well, nobody knew bitcoin could have gone to 20 thousand dollars, I had bitcoin when it was 250 dollars for example, if I knew it would go that high I would have waited but I sold it when it went to around 900 dollars thinking that was some sort of record and I should count my profits. So, for the past 5000 years, investments have been difficult, even in the last 10 years, crypto trading was always difficult.

I don't we need to have luck this time, the current market condition isn't so fulfilling but it surely we can find a way to make profits but of course, its gonna be tough and really hard work for us. But anyway, in the first place we are doing this before and not really hard to adjust to this situation. Only we have to control ourselves and not tempted to sell for losses...

You cant go out there predict which coin will go up, you need to study the coins history by looking at the chart and looking at the price history for the past 3 weeks. Reading those charts requires at lot knowledge too before you draw a line that shows that it will go up. Even those in twitter who always post their TAs for a certain coin also fails to predict which will make it today.

My strategy, I look at those coin that are in red and look at the price history for the past weeks. Those coins that are in red have higher chances that it will go up than those who are in. green already.

I agree that it hard to get big profit from day trading. I think you should stop trading alt/btc now because these trading pairs quite hard to trade and if btc/usd have big change, then alt/btc will become difficult to control. You should try margin trading with only btc/usd pair, it more easily to get profit then alt/btc.

Trial and error is a part of trading so if you fail countless times dont get discourage, instead learn from it and grow from it. We are similar actually when i first learn to trade i loss quite a lot even though it was not that big amount for big whales out there, for me that was depressing so i decided before i go trading i'll learn as much as i can and watch expert crypto traders on how to trade just to not repeat my mistake and never do emotional trading cause once you get emotional you start doing things that you might regret.

That's why we need to think critically now because we are the one who can solve our own problem. We are also the one who can help ourselves from earning more profit. Planning and knowing the next move is important to prevent losses and misunderstanding during exchanges.

maybe the easiest thing to do for you is to just look at the chart there and when the correction is happening then at that time it would be better for you to wait to buy because in such a situation the price will tend to fall lower. in this problem at least you should be more aware about movement and emotions, because when you have prioritized this at least you will have a good chance to make a profit

People lose money due to lack of patience. they learn a few tricks and think they can make it big. this industry takes years and years of experience. If you want to learn how to trade, treat it like a legitimate business. if you are trying to be a good trader and you have a hard set of rules those rules are your job. If you break your rules there is consequences. Imagine if you broke a rule at your actual job, the first time there could be a don't do this again type of consequence but what about a second time or third time? thereby, treating trading like more of a job instead of a side hustle could help you.

if the coin you bought is go down, maybe learn strategy when that is happen will be good. You can hold it, simple way but need really patience. Or you can do martingale with buy more coin in cheaper price, so you only need price between you bought first and second to make your capital back. Sometime that thing really works as long you really prepare your capital, not buy with all your capital in one trading activity.

Martingale is better but sometimes we do not have money to buy more or it feels hard to buy that coin more in which we lose money. In case of lose we can either wait for the good time or if we see another coin going green then we can convert our money to that coin and after getting the expected profit we again put our money to the coin for the value of which we are waiting.

Have tried to use that martingale method on trading but i would say it is really very risky specially for this very volatile market which movements can spread out on big percentage.
Unless if we do trade on forex or stocks where movements is less then martingale method is possible but for crypto? I wont tend to use it again.
Large profit on day active trading? Hedging or scalping would be good but it will vary on how big your lot or position is.

It is right, really risky especially for this condition when market keep down like this. But maybe OP want to try another strategy than his strategy or  maybe if it can fit with his style. About risk, normal trading already have it's own risk,everything is risky and about capital maybe like what i said before to prepare our capital with split it first so we can use it to be main trading, and other money to back up.

I don't do trading nowadays because my strategies are not suitable at bear market. My funds are now in the stock market because the stock market is currently a bullish market and there are more a lot of opportunities there. Day trading at bearish market is not a good decision because it requires good trading psychology and also enough knowledge in order to win in a trade.

Day trading is too difficult now, every hour market changes, when you buy  xrp for example @2900 before the next hour it will be @2700, the next day it will up again or down at different price. I must say that altcoins and bitcoins now is good for a long term investment, arbitraging is difficult also for me due to transfer delay. But it is all up to you.

I don't know what you mean by today. If you are referring to the current situation of crypto market I agree with you to some extent because most well-established coins has remained almost steady in the past 3 weeks. But I see some coins with considerable price movement in exchanges like Doge and FTO. If anyone can analyze their movements correctly, they can bring profit.

If you are aiming for much bigger benefits then you should stop trying to scalp your position, day trading is time consuming and very stressful if you are not that good estimating the possible market movements, like with your example trends keeps changing and volatility's makes it more harder.
Though if you are open or willing to take the risk, chances to find the right system and make it working to your everyday position still achievable.

Yes indeed, but I must have to agree to OP since I myself do experience the same as he did. Scalping to this market nowadays is really hard because the market always change—to the point that you can't predict the next move because the volatility is way too unexpected. I guess scalping won't be effective yet with this situation of the market.

Large profit is a trap that makes many traders bankrupt. We should follow the market and change our strategy, when we should target large profit or hodl.

If the market can rise at the right moment, you will make a large profit, and that is not a trap because the market gives you a chance to take that profit. But if you decide to delay your profit because you want to make a bigger profit while the market cannot be predicted, then you will regret it later. Making a large profit is not difficult if you know how, but unfortunately, what you feel difficult is how not to being greedy in trading so you can get a profit and repeat it again and again.

I myself also don't know how to get big profits now because with current market conditions it is difficult to trade, the price of coins is not so profitable that I also become hesitant to start trading, I hope luck will be with me so I can get a big profit again

We should adapt based on real time market condition, if we cannot make a big profits, don't force us to make it because it will just lead us to loss. So we better manage our profits, it's okay little profits but if we do it many times it will equals to big profits

Technically you are right but i think it's still useless since most of those profit we get when trading will eventually gone because it's has been eaten by the transaction fees alone. If the market is just too stubborn to ne more stable then don't trade but instead hodl it for a couple of weeks as you follow the entire movement of the market.

Maybe your strategy is the one that needs to change. You mentioned "big opportunity", are we looking at 10% profits or even higher when you trade? We all know that the price of Bitcoin and Altcoins lately move side wards and may move up a little but not enough to reach your target so better lower down your target. A profit of 1.5% or 2% per day is better than nothing.

In my opinion one of the greatest issues about why people are not really that profitable when it comes to their trading activities is that they have huge expectations about what they can achieve and when they do not get those results they take unnecessary risks that eventually bankrupt them, people want to get 100% or even 200% profits in a single month or something ridiculous like that and that is impossible, in many other markets if you can earn 15% per year then you are a genius and yet people expect a lot more from this market.

just need to look at fundamentals to get more positive results, traders can still get more than 10% in a day like what happened with arpa coin yesterday. Daily trading has two choices: trade with large capital, or with a large target (adjusted for capital), the rest must be more confident in looking at charts and making open positions.

Yes for sure nothing is easy in this world because anything that we use for earning we will have yo be expert because in crypto trading we will have to have skill and knowledge about it. In trading, we must know the time of buying and selling if you will know this perfectly you will be able to avoid lose and get profit, trading is not easy for those who don’t know it well.

For me personally, the biggest difficulty was the frantic manipulation of the price of bitcoin with almost any major movements.
I shocked a significant amount of money trading with leverage. Even the most obvious and predictable movements of Bitcoin turned into disastrous situations that no one could have imagined.
The market today is a big trap.

This is totally insane to expect such huge returns and that too within months. There is no doubt that this market exhibits extreme volatility at times but that does not mean you are simply going to make big money with days. This volatility takes time. Altcoins which change prices on almost daily basis are the ones that generate small profits and with bitcoin, you can expect return but it takes time.

not really, most people take advantage of this moment and benefit. for example, when the price of bitcoin fell to the level of $ 6k a few weeks ago, then the price of bitcoin rose to the level of $ 7k it made a pretty big profit. the key to this is patience. to be honest, it has always been very difficult to make huge profits from trading. however, 2017 makes it all look easy, and when things are normal, everyone says it's different from 2017 which makes trading look pretty easy.

The price is really not so high this days. Most likely its best to trade it for a longer period to not disappoint your expectations. I think its still good to bid for the best price you want but for the time being it really needs more time to hold on it.

Looking other way how to get profit with bitcoin and altcoin trading like use short term trading only and never take risk with investing and trading with long term, many holding coin not worth because have lower price just take your chance with short term trading way, you will get profit with your altcoin trading, not big chance to get profit with trading in long term trading now.

The price is good for buying in my opinion. You probably wont get this price again until the next dump because looking at indicators a bull run or even a short term bullish trend is likely. I am hoping a good price pump around January next year. These predictions are not easy to make and they often will be wrong. But at least you can be assured that it wont become zero or non-liquid tomorrow unlike many shitcoins.

You may not always be able to predict the price correctly but seeing the older charts and how previously the market reacted can be you an idea.

Trading has always been difficult, hindsight is 2020 so when you do end up looking at what the prices was years ago you may think to yourself "I wish I bought at 33 dollars" but unfortunately as the people who lived those times I can tell you that we didn't see it going up this much neither, some of us bought around low levels and price went down so we cut our losses and considered it money lost, I personally got some bitcoin cheap but it went up so I sold it for a great profit but nowhere near these levels because that increase was good enough for me.

So, trading was always difficult, it didn't became difficult only recently. Focus on making a bit of profit, just a tiny bit, or try to just hold your coins, that is the only thing we can hope for these days.

Don't ask for tips,learn it by yourself.Trading is nothing but buying and selling for profits so if you are not making profits you should hold then until your time comes.

If you are not able to hold your coins for too longer when the bearish trend begins then you shouldn't be invested at all.In daily trading its still possible to make profits by having smaller margin for your trades.

It’s really good to trade for the long term because day trading needs allot of knowledge. Most of the time people become greedy and inpatients to become rich and in this way, they make wrong steps which are totally lost so it is safe to trade for the long term and if you are capable to earn from the day you can use day trading but be ready to face the risk.

Yes you are right that the reason for this price rise is that we cannot predict exactly what we are doing in the area of ​​trade and we have to remember many problems. Because of the price it is very difficult to be able to make a big profit in today's trading I think it is best to trade in the long run and to analyze the different places and trade the good looking.

Either it is long-term or short-trading it all requires knowledge and deep market understanding. Both are having the risk of losing. That is you have options and to choose one that could be suited to your time and feel doing it comfortably.
The most important in trading is to choose the best and profitable coin. I know it was hard to earn more profits nowadays but if you have a big amount to start, then you can also expect to gain more. Capitalization is one thing to measure what we possibly gain in the future, the more funds we have, the more we gain in return.

It is really tough to earn a big profit right now probably because we are still in the bearish trend but let see if there will be some changes after halving. I guess day trading right now isn't a good option to earn big profit due to the fact that most of the crypto coins even the Bitcoin itself is almost stable at a low price. I think it should be better if you buy and hold it for now and wait till the market goes well.

Of course it is insane to expect those kind of results but take a look at the forum and you will find many threads asking the question of how they can make that amount of money, now if people were just asking those question because of their ignorance but later they learned that what they wanted was impossible then that will be fine but many will be encouraged to try to get those results and they will face terrible consequences, it is better to aim for a slow growth that is attainable than to aim for the stars and lose everything in the process.

You don't need to get just one singular very profitable trade to be successful in crypto. A lot of people just sit on trades until they reach outlandish targets, but if you're able to make lots of smaller profitable trades while capping losses on those trades, that works just as well too.

If you're trading Bitcoin, I suggest first doing so without leverage and then later moving onto leveraged trading at your own risk. Bitcoin's already volatile as it is, and it just gets worse with leverage and especially worse the higher you go with leverage. Same goes for alts; it's easy to get burned, but the potential profits are high too, though I do sometimes short altcoins on leverage.

In short, nothing is certain when we do talk on what would be the future looks like.Results or benefits will vary on how you do somewhat gamble on buying in low levels then hold up for long term.

If trading was easy then majority of us would really make money but come to think that market is composed of buyers and sellers.If theres someone whose profiting then theres someone losing.

Dont focus on rushing up on making money because this will just result into confusion since you do hurry up on things.

We not talking about short term or long term trading always hard to get much profit during bitcoin keep stable with lower price almost last one year, we don't know how to get little profit although 5% until 10% with trading and investing during bitcoin looks not growing up, maybe with second day on new years become most worth to start trading again and easy for earning profit every day.

This is due to the market conditions and your choice of trading pairs.
You should use the basic rules  by buying the deep, and check the liquidity of your trading pairs and volume.
Learn how to control your emotions,  it seem that you only trade on a particular few Alts, you should make a research overview of your coin and market.

In my own point of view, it is really hard to be able to get a large amount of money in trading nowadays, especially if we are facing a bear market that it ia really hard to make a good decision just for us to earn good profit. Some of us cut our losses when our holdings our down, and some just hodl, it is already a proof that trading is a risk that whatever your decisions will be it might be bad if our holdings are really down.

Let be real, you can find many pump and dump coins in the market and you might already know the risk involved in these coins and in the past one year which market has a momentum, only bitcoin and the rest of the top alt coins usually follow the bitcoin market and if you are investing in altcoin thinking it will give you the profit then no one can help you. Invest in bitcoin when the market goes down and have the patience rather than looking to make a profit on a daily basis unless you are trading with a bot that is able to evaluate the market situation.

Hard to understand what you are saying. I guess you are using a translator? From what I understood, you are saying that you aren't able to make "significant" amount of profit and most of the time, you make loss when trying to sell. Well, then find out what you are doing wrong. Try to understand your mistake and get used to the market. You will find a similar pattern taking place for which you are making loss. Once you get to know about the flaws in your trading "strategy" from those patterns, try to fix it. You will be doing better this time.

I think you are suggesting to just become a long term investor rather than a profitable trader. You should prioritize utilizing the fluctuations in every cryptocurrency that you have and to do that is through proper planning. If the price of a cryptocurrency is against to your bias, then that means you are wrong and you should take action about it. Don't be a trader and turned into an investor just because you do not want to make your paper losses, real.

This is one reason why I left to trade altcoin and switch to margin trading I only trade bitcoin right now most altcoin that make a high spike are doing by pump and dump group. But like other said try to look to your mistake and analyze where did you make mistake so next time you will know what will do.

Leverage is fine as long as you are trading small % of your capital in one position. Just set proper exit points and profit :D It will let you trade some spots that would not be really worth it otherwise. It gets thing a little complicated but not too much above the standard curve. Both ways the biggest mistakes is betting too big at once so this will need to get fixed asap.

Stop chasing and thinking for easy money here cause it might only disappoint you. The current market situation is really not in a good position unlike what we experience last 2017...If you are good and smart enough in trading you can still make more gains but it is really hard for sure, in fact, even expert has the same experience.

Well, according to what you explain, you start trading only so that your currency can go up and expect profits, although it is a very limited type of trade, you lose the essence of trading, because you must keep in mind that when Bitcoin falls in price altcoins go down, if you bet with some leverage to the Altcoins you obviously win.

You should always check the price of Bitcoin and analyze possible Bitcoin movements, so that you can enter the Altcoins market, the altcoins have no life of their own, Bitcoin does, Bitcoin is the King, the boss, I recommend that if you invest do it In Bitcoin, if you speculate mostly now the trend for altcoins is down due to bitcoin movements, although a good Bitcoin Bullish rally is expected.

Nothing is easy in this world because we gain something with our patience, hard work and allot of efforts and specially in crypto we will have to make profit by holding and waiting for it. So if good time came once then ir will surely come again but we will have to keep waiting and don’t panic, trade for long term you will earn huge profit one day.

It is really difficult to earn profit in trading especially if you are new in the market. If trading is our passion then we will find a way where we can become a knowledgeable trader, finding information is also difficult and it is why we should have researching skills. Like what you said, patience is also important in trading and every trader should learn how are we going to increase our patience.

of course things need to be done choosing altcoin that is good enough to be used as day trading, although the benefits obtained are not too large in day trading if it is often done then the possibility of the benefits we collect every day will grow and certainly do not be greedy to have the ambition to get a profit big every day

You are an advanced trader as such something like that could work for you but we should not expect that most traders can use leverage successfully, as you say the volatility of this market is already huge and many traders do not use a stop loss which means that if they let their computer unattended with an active trade and the market goes against them that can be enough to lose all the money you have in your account and we have seen several examples of this over the years in the forum.

I don't think it was ever easy, maybe just the opportunities were better.
Making any kind of profit isn't easy and doesn't come without efforts. It's very important to set realistic goals according to your possibilities and capabilities and to have enough patience. Success and profit don't come over night.
Skilled and experienced traders stil can make very nice profit but that takes constant dedication to the market.

That is understandable, it all becomes successful when we learn to control ourselves and patience as well. Many traders suffer such difficulties coz they never anticipate such differences and it surprises them. Experts never look of what it happens today but always anticipating of what it happens in the future  and that it brings them achieving their goal.

if you are not a expert trader,then i may advice you to stop trading first and just use Holding strategy while you are still learning.

trading is not for all mate and this has been proven by many prospective traders that fails and now blaming the market because of the volatility,i have tried once but stopped now as i believe that we are not all deserve to trade not unless we will spend too much time to learn and may find Good adviser and teacher before we will enter Daytrading the riskiest way to earn in this market(but also the most profitable)

Choose one of the altcoin that is on the top 10 list because they tend to rally along with bitcoin and before investing into altcoins it would be probably better to pick coins that has a good market cap and with good potential that is backed with legit companies and real CEO.
It would be highly recommended for newbies to watch crypto trading experts on youtube on how they do things, for you to have better understanding on what they're doing and from there you could find people that will give advice.

Yep you’re right it has been really difficult these days but I just see it as how’s it’s meant to be, because trading is really a difficult thing to do. Recently, I stopped trading frequently and only trades when I think is the right time to trade and I know there is the possibility that I’ll make profit. What I focus now is just long term, and it is working for me though it’s unlike short term where you might make profit frequently or loss, but it is more safe and you will wait long time, and it gives me the time to focus on other important things.

Making profits in crypto trading is always difficult which means the current scenario of sideways markets allow only the experts to make profits but fortunately last 2 days market remains bullish and this could bring some intermediate traders too into profit zones.

Not guarantee with top 10 list altcoin on the coin market cap because many top coin keep stable with lower price and very difficualt wanna grow up like Ripple, maybe many investor know whit ripple in third position in exchange market but price never growing up after last two years have raise with higher price, I think most profitable with higher profit by investing in new coin only.

While getting profits in any market is never easy I think he has a point, it was easier to obtain profits back in the day whether you were a trader or an investor, just to give you an example there was a time in which faucets gave one bitcoin, which means that a person that did faucets back in those days and it is still holding those coins today will probably be incredibly rich by just investing a few hours of his time, and we know that is impossible right now.

What exactly makes you so sure this won't be the case in the future as well? Maybe those .000001 drops you get from faucets now could be worth something in 10 years? Also, the market has a lot to do with this. It's a lot easier to profit on a trade whenever you're in a bull market and the price is going up. You basically just hold as long as you want during these markets. Can't really screw it up.  There's a lot less room for mistakes during a bear market. Hold too long and you could be screwed.

Truly said,There some reasons which can be hurdle in to get maximum profit.Big Whales are big threat fr traders because no one can know the next move of whales and your research,strategy fails when whales make a move suddenly.It is better that know the sense and past trend of whales.

Never demotivate yourself just get lesson from past and move on,Less earning with consistency will beat all.Learn abut market and new strategies and latest technology that can help to get more profit.

At that days faucets were giving one bitcoin for a single claim as at that time the price of one bitcoin was in pennies and now increased but as we know that these faucets are still give in pennies and we also know that the price of these satoshis will one day be much higher as we saw the price of one bitcoin increasing so if you want to be like those early claimers try to be the faucet claimer now and wait for a ten years

No one can alone make price high or low but we can be part of it. Being a trader I got to know profit exist in trading but it’s not that easy to get as we will have to remain so active and never panic. We will have to wait once we invest our money in worthy coins. Holding gives profit to traders and also helps traders to gain money from trading.

if traders did see whales trends before, why not try to follow in their footsteps and start adjusting the ego to the traders' strategies themselves? whale games can still be known through a collision of trends that allow them to sharpen movements with sudden manipulation, the charts also always confirm it in the spot market even though whales play more by margin.

Just have the will to make money and you can make it. Trading is not easy at all so don’t panic and remain focus. Making money is difficult, if you think for an easy money then its not cryptocurrency anymore because of a bear market. In time, when we are able to break the walls making profit will become an easy thing again but don’t expect if you are not good in trading and you don’t have enough good coins.

Even you carry long-term trading but probably is not the solution and way in order to generate a favourable income form trading, it also matters on the market condition and as well as the strategies we use. The price is still at low, no huge market fluctuation that it means that we can't see any chance that we could sell at a high price or buy at lows. This is too hard to face a situation like this if you are a short-term trader.

It's difficult when the market is bearish because people will doubt to buy and that should minimize the chance to be profitable for those who have average trading skills and without some limited capital.

Not everyone does really have a decent capital to start of in trading, some just have a small amount and they hold to grow it with a big amount in trading, but at this bear market, it's really hard, so if we like to see a bigger chance, we should choose the right timing which is when the market is bullish.

As a trader it is very obvious to make huge profits in trading cryptos these days is like a mirage the market had not been creating trading opportunities for trading however the little profits earned can be compounded to big using a strict money management and disciplined trading.

It has become difficult to make big profits in the world of trading nowadays. The reason is that economical stress has increased over the years due to increase in population and moreover the financial state of major leading regions in the world is changing so fast .This is not easy to manage and hence big gains are a rare event.

Difficult time has been passed. and now start to new season of altcoins, few altcoins has increase high price today such DASH, BSV and Litecoins, tips to trade altcoins is you should choose potential coins, analysis chart of coins the lowest price and highest price then buy in lowest price for the next day, and the last tip you should to update the event of coins

I do not really use my time to try to get money from faucets but those that do complain that now it is impossible to withdraw the money that they had accumulated from faucets and that those faucets ask from them to deposit some bitcoin in their account so it seems that faucets have become scams as well, the only way in which the story could repeat itself is if you could find a faucet that give you altcoins and then that altcoin went up in value in a very significant way and you sold those coins for a very high price.

Fauceting is already a trash thing completely and i dont see a reason why would people do still continue to engage on tings.
For exploring matters then its understandable but making it as a source of income the better not to try yet you would just waste up your time.
When we do talk about large profit on trading? Its possible but it depends totally on how good you are and also on how much money you do
risk in (big position) or either doing leverage (not suggested).The wrong thing here is that people are hurrying too much on making big money
because they do saw from other traders without even realizing that getting profits does really need time and patience and experience.

traders with small capital must always tighten the accumulation of assets in higher profits if you want to add value, the profit target must also be targeted every week and also must focus on just 2 coins. actually now it's far from a bearish word, many active improvements in the chart over the past week, nothing is too difficult in the current conditions.

It has always been difficult to get large profit in trading. But it becomes easier when you actually become self reliant and trust your strategy rather than just going here and there to beg tips from those proficient in trading. I often give a great analogy when it comes to trading.

Trading is more like getting a prescription from the Doctor who can guide you about which medication to take and which would suit you but at the end your body itself has to recover from the disease by assistance of those medication. In trading too people can give you their knowledge of trading but they just can't tell you 100% that this medicine (Strategy) would work for you. There are probabilities with every strategy and someone might be too proficient in some certain strategy while he might be a big fail in the other one due to external dynamics. Also just like getting a prescription from doctor he tells you that it will take a significant time before you can get desired results from that medication. Similarly in Trading there is gestation and learning period when you actually try to find out which strategy suits you and then trust me you will be able to get a large profit in today's trading world.

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What we saw earlier in 2017 was just a bubble effect which was a phase when anything you buy would skyrocket that was just a one time phase and prices which rose too much that time are pretty much at rock bottom today. People need to get over that phase because that is not going to come again atleast in cryptocurrencies. Bullishness will come but it would be a bit stagnant unlike the previous rapidness. Obvious reason of this is market population has changed significantly and so has price elasticity.
Basically,

    No. of buyers and sellers   ∞                    1
                                                ____________________
                                                     Elasticity of Prices

Well alright, the market movement conditions is good for the last week and holder or investor have big chance for this situations
but remember that OP made this thread in September, 14 2019  indeed that month really difficult to take profit and small chance for trader cause only little coins has rise price with small rise,  make all people of cryptocurrency dissappointed because can not take profit

I wouldn't say that these last months or this year in overall was bad for even daily trading because price rise/fall was common daily. It was like following: One day price was 9000, then 9500, then 9000, then 8500, then 8200 and then 8600 and so on, I take this numbers as an example. This is great opportunity for trader, such price movement is what attracts traders but of course it makes difficult to guess tomorrow's price, this could be the reason why some may say that profitable trading was difficult this month, at some point yes cause current price was making it extra hard to trade often (it was like 50/50 rise and fall) but it was great for holders, saw great price? Sell, wait for a while to see low one, did you see it? Then buy immediately and sell again when you'll see high price. This year was like that, pretty easy to catch not all but only good moments.
See so nice chart:
https://i.imgur.com/llri3dP.png

I would not advise trading altcoins, since their price chart is absolutely unpredictable. Unless only top coins. It is better to trade those instruments that have the greatest capitalization. But in this case, the daily profit will not be as large as we would like.

It is difficult and this is why most people lose their money and the few that know what they are doing take everyone elses money. 

This is why I shifted to more long term trading so that I don't have to worry about the daily or weekly volatility.

Best tip i can give is to study different trading strategies or study more about reading the market charts it seems that you have a problem in predicting coin behavior it's natural for the coin to go down for a couple of days or weeks you should also consider what type of trader are you, day trader, swing trader, etc. another suggestion is to go back to basic you can also find free resources such as forex trading courses since forex market reading and crypto have the same concepts and i think you can apply it to the cryptocurrency market as well.

Be observant as well try to look for patterns on the market.

I assume volatility hurts many of us here, just recently I moved from bitcoin to another coin for example and that coin didn't skyrocketed like all the other coins, it is in a better situation right now then it was when I moved so I am technically in "profit" right now but that doesn't change the fact that I could have been in a bigger profit if I stayed in bitcoin, or moved to another coin that went up even higher.

People only look at their profits and losses but reality is you also have the "missed profits" thing that nobody cares about and that is the biggest loss of them all. You going from 1000 dollars to 1100 dollars is not really a profit if you could have went from 1000 dollars to 2000 dollars but missed that out for the 100 dollars you made, that looks like a profit but in reality is not.

You did really good because in long term trading we feel more safe than other things, lose and profit both will happen in trading so we should learn from our mistakes and don’t try trading as a short cut to get rich faster. Trading is based on patience and knowledge so do both and better spend for long term trading if you are new and inexperienced in trading

You should start setting your mind that altcoins season will not gonna return these days and that small profits that you gain is already good enough especially if you can have it consitently. If you dream of having bigger profits in trading, focus more on the different strategies in trading wherein you can still make profits even if the market value is not that totally high.

in trading you will not always get large profits, I prefer small profits but the circulation of funds continues to spin compared to large profits but uncertain. You need to know that the market can change at any time, so think again if you want to look for excessive profits.

Better get small profit continue every day when trading than you want to earn higher profit but waiting more than one or two months because could give bad effect with your source income at the future, you always have looking other job how to get daily earning and have money every day with you make long term trading way.

Why it's so hard if you want to sell or carry on a long-term basis. So long so uncertainty occurs and the price fluctuates from time to time, you will benefit from it. Don't presume the market will always show green colours because it can not happen. The most important thing about this is just that you know the right time to buy and sell money. The price of altcoins was linked to the price of Bitcoin and it's almost the same trend.

On a bear trend its really hard to make a good profit but since we already starting to rise up again you can make a good money all you need is a good strategy that will suite to your trading behavior.
But on other scenario you have a point the market are now difference  wayback when the bullrun are too popular.

The market is already on a way back to $10k or more this year. If we never give-up holding our coins until now, I think we end up our hard days being unprofitable. Looking forward that this year is gonna be fruitful and meaningful to everyone who suffers big losses in the past days and their patients have been paid off.

As more money starts to come into the market, more people will start investing in some of the smaller coins. So, they're probably going to return to doing well again at some point. Also, you're right about taking small profits. If you can take even 1% profits, that's just fine. It really does add up over time. Just look and see what happens when you compound 1% interest daily.

It seems like day trading does not currently support altcoin traders, and you are not alone. the strategy that I use now is medium and long term trading, this is all I do to anticipate an unstable market situation. it's better to defend than to attack without limits.

I think the same, faucets are a waste of time I was just answering a question but I have the very same thoughts as you, and when it comes to trading while your skills are without a doubt really important at the same time people really do not put any kind of attention to their emotional control which is critical because most people take decisions based on their emotions and not on what they see in the market and that is a big problem if you want to become a profitable trader.

You can use Bitcoins in daily trading to get small benefits. Altcoin is currently not very stable because of fraud cases but Bitcoin is safe and secure, you only need to be patient and learn from others and your experiences. More and more Practice in daily trading will also bring improvements in you.  Due to the short term nature of daily trading the fear of lose in case of dumps will also not be a cause of constant tension for you.

Altcoins won't give any assurance regarding market returns. Even those coins belong to the top 10 still struggling hard to recover and how much difficulties for the unrecognized coins. Its something we need to accept that altcoins haven't meant to make their way to a bullish again. If ever we gonna see some price incline but I couldn't think that all altcoins will have it. Investors will still be picky in altcoins rather than of considering Bitcoin alone.

this proves that all that is needed is patience. if you hold a few coins before 2020, you have benefited from it. for examples like bitcoin, ethereum, LTC, XRP, BCH, BHC SV, and many more, don't you just have to hold back a little longer to make a profit from it? Well, information is important, but I think this year has good information to hold assets.

Just because we were able to make money in these last 2 weeks do not forget the hard times we have been through.

Looking here in the past few days people have been talking about how its not that hard to make money from the crypto world and how in 2019 we had a great bull run as well (even bigger than current one) and we could have made money, that is not the reality for people who also bought in during the bull run and lost money, so do not consider yourself lucky just yet.

Whoever buys at the top will always be doomed to lose money, whoever buys from the bottom will make money, those two different people will never understand each other at all. Of course, we are in a good situation right now, hopefully it will continue like this and we will break the 20k eventually but when we do, do not forget the old days where many people lost money.

but what the OP is talking about is how to make a profit in day trading when the market situation tends to decrease more often. everyone will certainly apply patience in long-term trading, because that is the main key to being able to target the benefits to be gained

when talking about daily trade, OP alright that is difficult to take profit when the market condition tends to decrease more of then. but there is not options if the price of coins decrease you should to hold your coins and its mean you can take your daily profit then to be patience for long time. for me if the market conditions tend to decrease more often better to earn profit from another ways like signture campaign, airdrop campaign etc than trading

Well, it is not easy to make a huge profit in a short term even when you are a professional in this field. Unfortunately, the majority of traders especially the newbies are impatient. We all obviously want to earn a significant profit but without learning and  strategy you will get nothing.
Furhtermore, the two keys of success in trading is the patience and the risk, if you play always  safe then you will barely make a profit .

Nowadays the market is not decreasing more often but it is increasing more often if you observe it well. In this market the day trade is easy but sometimes some unexpected situations take place that may make you face a little hard time which is not an issue for the expert traders, they can even earn the profit in a time when the market is more often decreasing and the factor is that they do trade with the fluctuations, as we know if the price is decreasing or increasing it happens in fluctuations and if you know to trade in fluctuations then you can do trade in both these situations.

I would make little addition also keep your sentiments away from your business because it restricts you in making good decisions. One more important thing is keep following the trends at your risk. If you will go against the trends that would create many hurdles in your way. Get the complete understanding of situation before taking any decision both in short term and long term trading you can make a huge profit easily.

Why it's really hard if you want to sell or carry on a long-term basis. So long so uncertainty occurs and the price fluctuates from time to time, you will benefit from it. Don't presume the market will always show green colours because it can not happen. The most important thing about this is just that you know the right time to buy and sell money. The price of Altcoins was tied to the price of Bitcoin and it's almost the same movement.

You contradict yourself. In fact, the problem is not that it is difficult to make a profit, but that you cannot predict the behavior of the market, that’s all.
I am not saying that it is simple. But I think you will agree, if all your predictions came true, you would have already earned a lot of money. So the reason is not in the market, but in you.

I don’t think there’s ever been a time when day trading was easy and traders can just get in and easily walk out with lots of money.

Starting from the beginning it has always been a difficult business to do, and it takes a lot of work to be able to arrive at the right answer. So, saying that things are getting difficult this time is wrong, because it has always been that way. It’s just like when I was into forex trading, only but a few people are able to make profit, majority keep on losing their money and I know some of my friends that forex ruined their life till date. So anything trading has never been easy.

IMO almost 60% of traders who experience problems like you. the low market interest makes small traders will not be able to profit from trading, only traders with large capital are able to generate profits from the current trading.  it's better to wait patiently until the market is again in demand.

It is not easy but it is simple to earn profit. I do not know why people think that trading is very hard. In the reality, it is simple if we fully understand what it is and how to read candlestick. It will only be hard for us if we still do not have knowledge about it. Beginners should focus on researching indicators and oscillators that they can use in order to know the right time to buy and sell.

Currently the price of bitcoin is hitting the new support area and it seems very uncertain. If bitcoin's price breaks $ 8k5, it will return to $ 8k3 and may have a long tail extending to the $ 8k1 zone. so now you can place a pre-order to buy bitcoin at $ 8k4, $ 8k3 and $ 8k2 and then should hold it for a long time when the halving event comes. The whales are trying to retest the old strong support to see how purchasing power. This is probably their short-term strategy.

You are right in saying that it is very difficult to be able to make a big profit in today's trading but then you should practice and trade various places before trading. It is less risky and the sites that should be traded with well-known popularis. With proper research you can succeed.   

Some people say that trading is difficult is probably accidental but many people talk about that difficulty, which is certainly not coincidence because trading is really a difficult job even if we have certain knowledge about it, especially for today's market, indices and volumes can always fool our perspective, the chart can be faked. The sophistication of the control has improved a lot after many years, we are just losing more money and getting profits is too difficult, only very few sharp traders can operate easily in this market

For now big profit in trading is very difficult especially some known altcoins are getting low and its hard to trade because in one day some coins are not moving up they stock up. So I don't know when I get profit. So I think big profit for small capital is impossible but if you have enough money to trade I think you can get a big profit.

Looking at the market now it is indeed difficult to profit from daily trading. I think having a weekly or longer couple of days can make a decent profit with a coin that fluctuates quite stable. Indeed, you have to take the risk between profit and loss if you want to get quite a lot of profit. But the risk is that you can also lose. Crypto is indeed like this, if it is less nimble and careful then it can suffer losses.

we also have to understand that not all day we become profitable. Yes, losses might happen as well especially when we are out of control to ourselves.
Trading is risky and we know that, but many people would try this because they know that there is money in trading. And besides, they'll keep on coming.

This means that even it is hard to generate profits with the current market situation but still they are willing to take the risk and conquer their fears. It is all about how we deal with such volatility if we are afraid of losing, the more it becomes difficult to gain profits.

It is not only about the initial investment amount or capital, but the market is also rigged. The market manipulators use all available tools for changing the direction of the trend and they hunt stops with tricky ways. That's the reason why stop-outs happen a lot and they use well-known tactics for manipulation. As it was mentioned in the old proverb: You can't teach an old dog new tricks.

If you ask for big profits, you must be aware of how much your capital is.  If you have enough capital and make the right trades I'm sure you can get a big profit.

But if you have a small capital, don't ask about big profits, because it is very unlikely to be done even if prices experience a high increase.

Maybe my advice whatever your capital in trading do not ever expect large profits, but think about how to get consistent profits and repeatedly it is better.

I think you are talking about the whales of crypto market, they have very big investments and they also hold the high number of coins they can manipulate the market. You should not avoid making investments due to their manipulations and changes. You can adopt strategies that save you from their manipulation. It is just the spreading of rumor that profit cannot be made in today market, market is giving high profits due to increased price of Bitcoin.

There are several ways to profits from the market, what you are proposing seems similar to fundamental investing and it is a way to make money in the markets, for example ethereum is almost 90% away from its ATH, we know it is a good coin and that it will eventually recover so if you are a fundamental investor it makes sense to invest in it now and if you are willing to wait a few years I have no doubt a person with that strategy could easily double or even triple his money.

Day trading is not easy, and for you to be able to get pass the difficult stage you have to understand that it is not easy. It’s being said that about 95% of every day trader ends up with net loss, so what makes you think that there have been a time when it was easy to trade cryptocurrency or stocks?

If you want to be a good trader the first thing you should do is create a robust method which is the primary thing that can make you lose money if it’s not done well. Another thing is to take your time, if you’re seeing as a quick means for some quick cash then you’re making a mistake, it’s not going to work out.

Yes you are right that we can get a big profit if we work using market strategies Due to the poor market conditions it is very difficult to be able to make a big profit in today's trading. But hopefully if the price of Bitcoin goes up we can make a higher profit.

Too bad to say it's not like the market before. May we see that prices continue to rise beforehand, but unfortunately it's in a long run that we all struggle and this time we can't even have any bullishness. And you're right, it's really hard to make a profit, but we can still do it if we determine all our power to it. Trading will also affect what coins we will be trading / holding, and if we use those less fortunate coins, we can really think of becoming profitable because they have more potential to grow..

It's wrong using altcoins to trade, they aren't that too great and reliable it's better to use bitcoin and one stable coin like TUSD or USDC as trading pair but alas there will be mistakes in predictions because no one can guarantee the movement of bitcoin

You are comparing it wrongly. There is bitcoin/USD trading and there is altcoin/bitcoin as well as altcoin/fiat (like USD) trading. Which one is good over other? Nobody can say. It is a personal preference.

Mistakes in prediction is not wrong, but natural. Although we always scorn people when they predict wrongly, it was always a prediction and not a fact. I do not understand the rationality behind blaming someone for their prediction. That is why such sites nowadays all have disclaimers to tell people to do their own research. Now if the prediction comes right then nobody praises the predictor but only look for their own gains. Such selfishness is seen with humans.

It is difficult to trade is such ways and so listening to someone's predictions like I said, is not the way to go. You have to do your own research and invest accordingly.

Still, some of them are good to hold.

Not all of them but some of them. We can't ensure a good profit in the future in other cryptocurrencies but there are some that can give you a profit like Bitcoin. Predictions are hard but we try our best since we already know that it is a risk.

Under the current circumstances in the cryptocurrency market, only beginners pay attention to certain forecasts and trading signals in order to minimize certain risks from a lack of experience and certain knowledge for technical analysis.  For the most part, professional traders feel the market and have virtually no free time, because they constantly monitor the cryptocurrency market in order to trade and make money on the difference in price.  indeed, the market today provides very dangerous opportunities, since the risks of losing your money or making loss-making operations are very likely.  I hope in the near future the cryptocurrency will be more stable and the control market will work almost the same as the stock market or the currency market.

One way or another, despite the poor market conditions, traders were not left without their work, as professionals always find profitable strategies for trading and making good profits, despite the performance of the cryptocurrency market.  Only the right analysis and a good strategy will give real opportunities for a trader to get a fairly good result, even under the current conditions of the cryptocurrency market.  Moreover, today is not so bad.

You are not the only one who faces similar problems. The crypto market has for quite some time been an extremely complex substance for all kinds of predictions.
We constantly have to select more and more new techniques and tools for market analysis. Moreover, not all of them show at least some kind of stable efficiency.

But there is an explanation for this. The market does not live its own life; it is manipulated by large players such as whales and exchanges.
Predicting their future actions means predicting where the whole market will go. Even technical analysis is by and large a roulette in the framework of major global movements.

Trading in the cryptocurrency market today is really very difficult, because the situation is unstable and due to large manipulations of trading volumes and cryptocurrency pricing, almost every trader suffers a lot of failures from their transactions.  I’m thinking more and more about what the cryptocurrency market will be like under certain controls in order to reduce the ability of speculators and fraudsters to manipulate the cryptocurrency market.

I agree with you that Bitcoin has no guarantee of movement but Bitcoin does survive, depending on the market conditions. Bitcoin A lot of the popular currency coins compete with Bitcoin It is more likely to be a fool to invest with other currencies as it cannot be sustained and the damage is greater.

But, if it was easy then you would be seeing everyone posting reports on how they are making their millions everyday lol hence it’s not easy, it’s difficult for most people, in fact 90% of these traders are even losing their trades, only few makes profit. So, don’t think that it is only difficult for you and an easy pie for others.

You should work on the plan or strategy that you’re using to trade. That’s very important. If you’re not using a good plan then you will be losing. You have to study and do proper research to arrive on the best plan that would work for you, and once you have got it, you can then implement it on your trade.

You should consider that the top altcoin in the market especially Ethereum or Ripple can be use as your main place to trade. Comparing you choose the coin in the bottom position, I think you won't comfortable for it.

Have you see the movement price for both coin now? Yeah they are promissing, I have bought ETH at the price of $127 and ripple at the price of $0.27 and now I have got profit but I have intention to trade for long term so I won't take to sell them.

This is not like this according to me coin makes profit but if we will let it grow only then it will make profit so that's why keep holding your coin if your time is not good to sell. Crypto gives so many opportunity for its users and its all about us that how we use this opportunity. To make money from crypto there will be risk all the time but taking risk makes us good trader.

The idea is to trade systemetically and monitor risks.
This is possible to do manually or with the help of software. For instance, https://www.bitinsure.com/

I guess OP must have been frustrated out of wild fluctuations of crypto markets but I guess there has been nothing changed in cryptos hence trading is same what we had in the past and in recent past.

There are more volume is happening in most of the exchanges on famous trading fairs which means it is a good environment for all type of traders so that no one single trader or group of traders cannot manipulate the market direction on their own wish. It means currently we are having a healthy trading environment than the past which makes fair environment and system for every trader to make profits as per their risking capability.

@Op, old days have gone. Have you bought Eth when you were watching strong dips? Waves? Freak man even Siacoin (SC) has more than doubled in a day itself. Crying will leave you in heaven while you watch others taking advantage of the opportunity and bang it on. Don't waste your time anymore these days as such are the days of making money, the alt season could spindly swindle many who think they are masters while those having patience will likely be rewarded with some possible 10x and even a 100x. Whatever has come down needs to go up to maintain its credibility in the markets and even the worst shitcoins will see a gradual spike in their prices seeing that the whales have gone wild now after accumulation phase has been over.

For me its depend what Altcoin to used for trading but before that you need to manually monitor the market before trading. To get large profit you should have the good Altcoin, then hold for a while and always monitor the market if you think the value is still going down then do nothing but if see a little by litte its rising then its time to trade your coin. The importance of trading is you must know when to trade and when to hold.

I really hope that it would happen.

There are a lot of whales in our market and they don't usually trade Bitcoin or other cryptocurrencies, they are holding it. I think that is also a reason why it is hard for it to have a profit. The liquidity of cryptocurrencies is getting low, unlike stocks where the liquidity of assets is so high. Also, with a lot of cryptos to choose from, I think it will always be hard.

Trading can never be easy, it’s meant to be difficult and based on luck as well. If they made it easy for everyone, then by now most of us I guess we would be very rich because predicting the price will be easy as pie and we will all be cashing out full-time. Trading is not something that you can learn just a day, it requires a lot of hard work and dedication. You have to know what you’re doing, setup the right plan for trading and also know how you should manage your risk. If you’re just trading without looking into most of these things you’re just going to keep losing your money.

It is just like forex trading, if you check it out you will see that a lot of people are losing their money in it more than those that are making profit, that’s why you will see many people calling it a scam lol.

You did not name the coins you choose to trade. I think your main problem is precisely this.
Surely you are looking for coins focusing on their growth potential or focusing on the likely fall of a coin in the future, usually in the short term.
Personally, I will recommend that you trade only Bitcoin, and open only long transactions until you get used to it and completely understand the market.

To be sincere too many of the coin are not making profit, or can you mention few that you are making good profit from. Probably 1 out of 10. Most of the coin now as soon as they get into your account they start depreciating in value until they become valueless. The only thing I will advice it the learn how to check for good futuristic project that has a prospect of meeting the bull and pumping..

Yes there are so many coins available in the current market of crypto currencies which dies not make profit for traders now a day, so in this case the all crypto investors should be very careful about choosing any coins for trading. And if a person want to make his investment safe and secure then he need to start investment in bitcoin because it is a good coin and it makes good profit for the traders.

Obviously that's right, rooting for a large profit requires skill and patience in order to achieve it. You don't need to get some help to other people, maybe an advice is enough just for you to understand and to cope up with the market. Sometimes, you really need to adapt in your trading experiences in order for you to grow and learn the do's and dont's in trading.

It is really difficult nowadays to have a large profit, it really needs full effort, patience and adjustments. Good decision making is necessary for a better result of trading and profits because it will give you some positive effects and outcome in a certain transaction in the market.

When you want invest in a certain coins, choose also an altcoin because although it is not that popular, there's still a profit there. But still, prioritize bitcoin in all of your transactions as it is the best cryptocurrency that you can hold and manipulate in the market.

 so your saying that you can easily predict the flow of the coins before , thats why you earn huge but now its becoming different  ?  thats trading life .  not all time the coins will be on your favor so dont worry too much  .  many people are not blessed to have an ability like yours but most of us are confuse if what move where are going to make because we dont know if the coin will rise or not   . begging for tips or info to other good traders is okay to widen your knowledge but dont expect that you will win often after this   . market now is different you know

Why end up choosing them at all when you have bitcoin which is good enough to be bought at the low and sold at high? Wasting time on altcoins which never perform anything good means wasting your resources on things that are already failed. Instead put that time and money in other sectors like Stocks, commodities and bonds. Its good to focus on other sectors instead of crypto for a while too. Good for the mind too.

For crypto only bitcoin is what I suggest. But you can surely put in money in altcoins, but there is not guarantee to give a big profit or a stable price rise.

Actually, trading will be a loss or profit, but it depends on our strategy and what we are trading on. There is talk of some fate, but following the right strategy is the real aspect. There are losses but I don't think it is very difficult to make a profit. If you are patient, you will able to get a large profit in today's trading.

This is the topic from the last year, 2019! Since then bitcoin made quite a rise, and not just btc, many others did the same. I didn't look for any stats about the biggest gainers from the beginning of this year until now, but some projects made a huge progress, especially defi projects lately.
And don't think that the game is over, I expect a lot of turbulence until the end of this year. The prices are rising and there will be some drop, minor or big we will see, and after that we will have some new ups, it's what crypto market is, a roller coaster! But this roller coaster goes higher and higher.