Anytimes is great times for day trading, we should be understanding about trend of crypto market and the price action. We have to enter to the crypto market when the trend change from bearish to bullish. In bullish trend we have to buy crypto in spot market and in bearish trend we have to short it in margin trading. If we understanding the trend we have potential to make alot of profit because fluctuacion of crypto so high.
Not all time in a day is a good spot for trading. We do have so called timezones and that affects on how the trader trades. There are just time in a day where market is hyper active and i guess that is where the trader's time intersects and trading simultaneously. However the best time for trading in a day is someones worst time to trade. |
|
|
|
The first time I came across cryptocurrency lending was on nexo where you can use your cryptocurrency as a collateral in this way you can use any of the altcoins as a collateral and get loan from the site, cryptocurrency lending is a new wave in the cryptocurrency world and at that we should keep watching to see how far and positive is will help the community.
In my opinion, crypto borrowing is not much different from fiat money lending, because the procedures performed are the same, and data information must be complete and accurate. Besides that there are costs that must be paid with high interest and a short period of time making the borrower must really take into account the risk if he is unable to return it. Yeah, its not that much different from fiat lending business but technically it is, since its both borrowing and there is expected interest in return just so happen that it is in another form of currency but is convertible to fiat. And also returning what you borrowed on cryptocurrency may vary because of high volatility on the market. |
|
|
|
|
Its never surprising since blockchain is really the future of money. You can integrate blockchain in any industry as long as there will be financing system, and this will be an eye opener for those who STILL think that bitcoin is a scam. This will lead to a more innovative adaptations on different industry like medical and online businesses.
|
|
|
|
from when the platform you mentioned above 2 of them (Bittrex and Poloniex) I was able to make the best platform for trading that I did around 2017. Both of them were the best trading platforms at that time, but as I developed I decided to prefer binance as the best platform for this.
Indeed, bittrex and poloniex are one of the greats that ever existed however i barely use them to trade as i often use Binance and IDEX these months. Having different exchanges to trade in is good for all trader since not all coins are available on every exchanges we know, explore the exchanges to be familiarize. |
|
|
|
I think Cryptocurrency is influenced by the world economy organization. The Chinese government and the American,Which appear as the dominant parties carrying crypto but with the decentralized nature of it,it opens it up to other influence/ canter by related countries.
It seems like governments cannot have control over the chain and eventually over the market. They can just influence the moves according to the kind of messages they are sending to the public. But at this time they are not doing that as far as we know (if they are doing it in the dark, it will be out later on). that is the point,government has no direct control over the market that is why they dont want cryptocurrency rules the mode of payment because they can see there were lots of things that crpyto should prove to the government but once the government are in favor in crypto expect that it will be having a good break. Its been always a dream of government adopting the use of cryptocurrency and the blockchain system once it will happen expect a futuristic like society where in we can go out with just our smartphones. But for now let us just wait thr market to boom again and let the goverment trust it on its own. |
|
|
|
to prevent fraud it is easy for you to avoid suspicious projects, because now there are a lot of big projects that are deceiving in the end, so to choose a project we must be careful again
Being careful is not enough to deal with fraud anf fake investments but having a background research will. Knowing what kind of team the project has is vital on your part especially if they are not that popular and the project itself must be presented professionally alongside with legal papers. |
|
|
|
going up and up, I'm sure that from now on the price of the crypto currency will continue to run and continue to increase even though slowly but hopefully this will continue.
As i also guess, we've seen this industry went to the moon way back 2017 and did a massive changes after that however 2018 gave us our failure to our expectations and its time to gain back what we lost last year. I certain think that market will go high again on mid year. |
|
|
|
Well volatility is a key thing however security is the most important I believe, for example Binance looks great in terms of security and also volatility as well.
Security of asset and trader is the most vital characteristic of every exchange should have. But for me as a bounty hunter, I often trade on different exchanges given the fact that not all ICO's are going to land on each and every exchange. I dont have preferences on exchanges as long as it is safe to use and secured. |
|
|
|
|
When it comes to bounty hunting, it hardwork that pays not the luck because luck comes not earned. Literally all people have luck but not all people have hardwork, now if you find a paying ICO you are lucky but the stakes you'll be earning will depend on what kind of bounty hunter you are, a hardworking one or just a lucky one.
|
|
|
|
|
It may vary on what result you are looking for, if you want a precise trade results then follow the fundamentals or the needed ones and if you want a accurate result you can have technical analysis on trading that will be base on charts and price movements unlike fundamentals you are just thinking what could be the next move base on your instincts.
|
|
|
|
It should be like that, if the ICO project that requires the right KYC is announced from the start. not in the middle or end of the campaign, there is only notification about KYC. this is where someone who participates in the ICO project must be vigilant and cautious about fraud. here we have to really research the project, and make sure this is a real and good project.
Well 90% of the ICO will state it from the start of the campaign even at bounty campaigns. I don't think that the ICO is a scam if they want to conduct a Knowing Your Customer policy at the middle or end of the campaign, maybe they just noticed something wrong about the investors or so, but i believe it is not. |
|
|
|
while the number of exchangers that exist is not a problem that is actually harmful, why? because with many exchangers we can choose to trade crypto currencies on the best exchangers by comparing the advantages and disadvantages of some of these exchangers.
In addition to that, it will benefit us as a trader, why ? because there will be a competition on transaction fees they are getting, it would result to less and less transaction fees to attract more traders. It should not be a problem in the future since there will be incoming coins in the market, what should we focus now is how to have an enough investor to run the market. |
|
|
|
The very essence of going into any trade is to actually make profit, but most of the times, the reverse is the case and we end up incurring losses due to one reason or the other. However, i think one of the most common used strategy in making profits, is to buy low; hold and sell at a profit; disregarding any ups and downs of the market.
Agree, we should do things that would make us profitable. There is no sens in trading if we will not make profit, if we failed, we should leave and look for better source of profit. This market welcomes everyone but unfortunately not everyone is profitable, so by your stay here, you should already know if its for you or not. Other people thinks that trading is an easy way get a money or profit, little did they know that it is not. Making profit out of instincts need to be risk taking decision and what i called market challenge. If someone made an income easily they might got it with some luck but not really because of his/her skill and technicality. |
|
|
|
Who said that crypto will end? I think that no body know if that might happens or not..it ia unluckly but not impossible. The market decide wheter there will be a crash ending or a continous growth. I think that tge whales are the ones who has the decision and the key success or failure of crypto.
Although impossible to happen, this is what the newly comer or beginners starts to think when see the market continuously declining. From early stages of crypto industry, this is quite possible since there lots of oppositions from many people but then from year to year crypto industry started to grow and physical adoptations came in and made it impossible to end. |
|
|
|
For those of you who’ve walked the trader’s path, you’ll know how daunting it can be. Standing in the footsteps of legends, wondering which strategy to follow, what concepts to learn and--more importantly--whether you really have what it takes to be a trader. When your emotions are raging like a rollercoaster, a trading win can lead to a euphoric high. And a loss? A plummeting low that makes you doubt your ability and courage to stay in the game. But can you learn to overcome your emotions, bide your time, fight against your urge to buy or sell, and figure out how to read the markets? Can you teach yourself to be a trader? When you’re filled with self-doubt and overwhelmed by a plethora of trading tools and options, you may find yourself asking the question: are traders born or made? URL – https://docs.google.com/forms/d/e/1FAIpQLSfKaz8VAe3Iv3HI_UYx3j7QFIgUcf5v_y71M0Md3YU12fq0OQ/viewform Being a traders is a matter of choice, you can't be a trader if you're not making a decision right now. Then, once you made a decision that's the day you born as a trader in my understanding with it. From that day, you will begin to explore yourself to learn things about in crpto currency industry. Decision is the answer for this one. Everyone was born yet not everyone is a trader, why? because trader decided to become trader themselves. If there is no decision for who you want to become then there will be no "you" in position in the future. You can ask this to all types of profession not just on being a trader. |
|
|
|
Most of the time users get into trading with the expectation to profit big in a much shorter time period. They need to realize, such a possibility is low. If the basic plan is to learn more about the market and then if he/she intend to take part into trading practices will get you good about trading.
They had this thinking when bitcoin started to pump its price last 2017, wherein you can gain huge profit from bitcoin because of such a high volatility rate. Now I've been browsing on this section and seeing a lots of trader are complaining why they can't make a profit or why they are losing. Its time now to realize the market capability of rapid increase and decrease in short time. |
|
|
|
In this bear market lot of people were suffering about how to minimize their losses,for them trading is one good way to make daily profits and minimize your over all losses you made from the long bearish trend.SO these are the mistakes need to avoid when someone starts to day trading. 1.Don't trade based on your emotions,just concentrate on FOMO and FUD. 2.Only risk the amount which can be affordable for you or just don't enter into that trade. 3.Don't use the technical analysis more,its just a tool to predict but still there is no reason for it to happen cent percent. 4.Don't day trade only if you don't understand it. More points about mistakes need to avoid are welcomed here for the newbie to learn.  Day trading on bear markets is not advisable. Try to notice the price and one thing that you will notice is the price is not going anywhere. Most of the time, price is just moving side ways. The profits that you get is not enough to pay for the fees. If you really plan to continue day trading, set a low target like 2% to 3% profits, upon hitting your goal, Sell right away. Day trading is always risky in both bear and stable market that's why it is non-recommended trading type. A day trader don't expect huge amount of profit, because he can still manage to make it big by earning small profits regularly. 2% to 3% is still a good percentage in this market if you can earn it regularly. Yes, day trade is a very risky type of trade on this industry however this type of trading style has a huge possibility of profit in a daily basis. Every day trader should know that even it is a day trade, don't try and push too hard to achieve the daily goal like 2-5%, this is what i commonly notices on their mistakes. |
|
|
|
After several investors became victims, they are now more careful to join the ico, even though in 2017 there were many investors who benefited, only in 2018 there were many scammers who made fake ico so that the victims were investors.
I don't think investor will run after ICO since there are STO having fund raising these days and no doubt STO has a lot to offer on our investor when it comes to investment security and safety. Investors now are becoming more thoughtful when it comes to joining project fund raising. What i think they should do is further research on what project they are investing internal to external factors. |
|
|
|
You know the market is not all the time green it will be turn red anytime, In the next day it will turn green back again it's just normal for the market.
Yeah, Everyone should know how volatile the market is.. It is very important for everyone to understand that the cryptocurrency needs people who can be trusted. Not some newbies that are panic sellers. It is very important to consider the number of users to achieve the goal of making the market stable or in good condition again. |
|
|
|
I could not succeed as well in day trading. Did analyze, spend time in learning and invested. But when comes to practice, lot many things to be learnt. Experience will certainly guide you gain profits. Patience is indeed needed. Need to be more proactive and be in a state to either loose or win.
Maybe you're not really into day trading since it needs to be more aware of the market events in terms of the price and chart patterns. Indeed, experience is a crucial necessity for being a trader but since internet is massive and contains all of the knowledge you need to trade it will be very easy when time is well spent. |
|
|
|
|
Show Posts
