Bitcoin Forum
June 01, 2024, 07:50:27 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6]  All
  Print  
Author Topic: Does anyone "Day Trade" Bitcoin  (Read 13279 times)
Ann Impas
Full Member
***
Offline Offline

Activity: 420
Merit: 101



View Profile
October 14, 2017, 04:03:17 AM
 #101

Mostly altcoins because BTC is a huge amount and hard to day trade because people are holding for a bigger amount so i prefer you to hold. but in altcoins you can daytrade because of people buys then sells it alot in a short period of time.
katiecbell
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


View Profile
October 18, 2017, 12:26:43 PM
 #102

Mostly altcoins because BTC is a huge amount and hard to day trade because people are holding for a bigger amount so i prefer you to hold. but in altcoins you can daytrade because of people buys then sells it alot in a short period of time.
Only a fool can do day trading that too with bitcoin when currently bitcoin is residing at 5600 dollars. Bitcoin is not meant to be used for such trivial methods of making profits. This digital currency is the diamond of digital world and no one would like to do trading with it. Trading should be done with altcoins because even if you lose them, they don’t put you in great losses.
cryptowilie
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile WWW
October 18, 2017, 12:34:07 PM
 #103

It seems like it's doing an arbitrage or buy low sell process, well it's still profitable if you are holding large amount of bitcoin. and if you are wondering if this can be done and if this is still profitable, I can say it depends with the timing, if your timing is good, then it will be profitable. But if not, there's a downfall possibility to the point that you might lose your investment.



i am a forex trader and i have been obeserving the price behaviors of btc and other cryptocurrencies. I think it is possible to daytrade cryptocurrencies especially if you are able to do technical analysis on cryptocurrency charts. also you can join forums where you can be folowing discusssins and signals on those cryptocurrencies and you will be able to learn one or two things regarding the same.

Ewox
Sr. Member
****
Offline Offline

Activity: 812
Merit: 253


View Profile
October 18, 2017, 12:41:21 PM
 #104

Mostly altcoins because BTC is a huge amount and hard to day trade because people are holding for a bigger amount so i prefer you to hold. but in altcoins you can daytrade because of people buys then sells it alot in a short period of time.
Only a fool can do day trading that too with bitcoin when currently bitcoin is residing at 5600 dollars. Bitcoin is not meant to be used for such trivial methods of making profits. This digital currency is the diamond of digital world and no one would like to do trading with it. Trading should be done with altcoins because even if you lose them, they don’t put you in great losses.

I agree and I don't think people are day trading bitcoin nowadays because of how much bitcoin could be worth, most of the traders prefer to hold on to their bitcoin for long term because they know in about a few years it'll be worth than the profit you earn daily.
cryptowilie
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile WWW
October 18, 2017, 01:04:38 PM
 #105

Mostly altcoins because BTC is a huge amount and hard to day trade because people are holding for a bigger amount so i prefer you to hold. but in altcoins you can daytrade because of people buys then sells it alot in a short period of time.
Only a fool can do day trading that too with bitcoin when currently bitcoin is residing at 5600 dollars. Bitcoin is not meant to be used for such trivial methods of making profits. This digital currency is the diamond of digital world and no one would like to do trading with it. Trading should be done with altcoins because even if you lose them, they don’t put you in great losses.

I agree and I don't think people are day trading bitcoin nowadays because of how much bitcoin could be worth, most of the traders prefer to hold on to their bitcoin for long term because they know in about a few years it'll be worth than the profit you earn daily.

Good insights

Wipro
Hero Member
*****
Offline Offline

Activity: 924
Merit: 512



View Profile
October 18, 2017, 01:10:38 PM
 #106

Mostly altcoins because BTC is a huge amount and hard to day trade because people are holding for a bigger amount so i prefer you to hold. but in altcoins you can daytrade because of people buys then sells it alot in a short period of time.
Only a fool can do day trading that too with bitcoin when currently bitcoin is residing at 5600 dollars. Bitcoin is not meant to be used for such trivial methods of making profits. This digital currency is the diamond of digital world and no one would like to do trading with it. Trading should be done with altcoins because even if you lose them, they don’t put you in great losses.

Why bro bitcoin price fluctuate around the 5.6K now in this especially you can get into the bitcoin trading completely to make more money. If you wish to earn the bitcoin day trading is the best to go actually. Need to have eye on price graph all the time so you can manage your trading account more precisely to get the trade frequently from the all the people. You can earn the money as you have control at all the time.
khalifa25
Member
**
Offline Offline

Activity: 242
Merit: 10


View Profile
November 15, 2017, 05:17:15 AM
 #107

for me i actually am doing this one as well. But now i can't make it to trade on daily basis because of a busy schedule but the same thought is always on my mind. It just satisfies me when i get good satoshi's daily in trading rather than claiming  on faucets for the whole day
Pages: « 1 2 3 4 5 [6]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!