Day trading

[blackhawkeye1912]

In altcoin trading,is day trading profitable or trading on a long term basis?

if you are an experience trader? " Day trading" is very profitable because altcoins price fluctuations every minute. To me long terms is not even good for bitcoin talk more of altcoins as the price can not face a directions continuously in a month this creates opportunity for day trader.

Agreed, day trading is much fastest in growing profit than anything else in this industry. Though, it has risk involved anyway but that's normal. every minutes there is bouncing price value happened in the trading platform, meaning you will go with flow of motion in the exchange site market, you will act like a bot more quicker than a bot something like that.

[AjithBtc]

In altcoin trading,is day trading profitable or trading on a long term basis?

if you are an experience trader? " Day trading" is very profitable because altcoins price fluctuations every minute. To me long terms is not even good for bitcoin talk more of altcoins as the price can not face a directions continuously in a month this creates opportunity for day trader.

Agreed, day trading is much fastest in growing profit than anything else in this industry. Though, it has risk involved anyway but that's normal. every minutes there is bouncing price value happened in the trading platform, meaning you will go with flow of motion in the exchange site market, you will act like a bot more quicker than a bot something like that.

Day trading is better way of profiting through bitcoin. The same cannot be used as a profiting source by every user due to time constraints. With trading the goodness is the regular difference occurring with bitcoin which reduces the risk of losing. Also at times preferring altcoins to bitcoin trade too help in profiting high.

[jovs]

In general I follow a weekly price schedule. I buy at a low price and sell at a high price.
Much more technical analysis is needed in daily and hourly transactions. You need to spend more time.
This causes more stress and risk. Your chances of making mistakes are increasing.

The price really matter the most in trading. The daily basis of price and value of bitcoin can determine a good trading or a bad trading. It does not matter if you will choose to trade on a night or day. The thing is you should know the price or the value first before choosing to trade or not. I think the best  way to be updated on bitcoin price is by installing an app base wallet so you can see and know when is the best time to trade or not. And in fact if you will got to know the tricks on trading you will earn more than you ever did before.

[thunderbitz2717]

I think if you are long term trader you are just losing opportunity when the time of the price of price increase and decreases.. because if you are for long term trader if the price of bitcoin is going  to increase right now and decrease soon  you are just losing this opportunity to make profit and wait for more months and years before you sell you will just earn few compare to day trader..  this is just what i experience..

I think not, because if you really believe in the coins that it will get increase after 2 or 3 years you will hold it with no doubt. And as far as I know there are two types of traders those are day trader and long term trader, actually we can do them ramdomly.

[wuvdoll]

In altcoin trading,is day trading profitable or trading on a long term basis?

if you are an experience trader? " Day trading" is very profitable because altcoins price fluctuations every minute. To me long terms is not even good for bitcoin talk more of altcoins as the price can not face a directions continuously in a month this creates opportunity for day trader.

Agreed, day trading is much fastest in growing profit than anything else in this industry. Though, it has risk involved anyway but that's normal. every minutes there is bouncing price value happened in the trading platform, meaning you will go with flow of motion in the exchange site market, you will act like a bot more quicker than a bot something like that.

Day trading is better way of profiting through bitcoin. The same cannot be used as a profiting source by every user due to time constraints. With trading the goodness is the regular difference occurring with bitcoin which reduces the risk of losing. Also at times preferring altcoins to bitcoin trade too help in profiting high.

So, unlike long term investment and saving bitcoin for months probably years, day trading involves profiting from short term movements of bitcoin market, this can happen from minute to minute or even less, and since bitcoin has less market cap putting in and taking out from it can push the price one way or another, in easy words if someone out their exchanges like 3 btc into cash that is going to make price move.

[boyptc]

There are alt coins that are also good for long term investment like ETH and XMR. That is just depending on how you can see an alt coin that can give you stability in trading. It's not new that traders are jumping from one coin to another coin. As long as it is going to be profitable for them they are going to stick with it.

But current market situation is complete different from what we had some 6 months back. Traders were in dilemma to choose right pair of instruments for better profits. At those times, it would be really impossible for most of the traders to make profits from day trading.

Might be now a days traders are getting chances to make profits through day trading as markets are showing fluctuations in long price ranges. At the same time when we are considering about the negative aspects of high volatility, we will get more losses in day trading if our technical support slips away.

Yes it is totally different as it is way back then. But there are a day traders that manage to look for some coins that are giving them good profit for doing this type of trading. Maybe it will depend on how you are going to manage your time and will keep on learning and studying on how the market works.

[Humanxlemming]

For me Day trade and  longterm still profitable, it still depends on what coin you should pick for longterm, like i have a friend that pro in trading (not a pro but have many expreince about trading) Longterm is based on what coin you should pick like my friend he pick NEM as for her long term he buy @20sats worth of 50$bucks, he buy this NEM since 2014 and now NEM price is @1500+sats her 50$bucks become x100 lol. But suddenly its true her 50$ now is 5000$. But i think he still holding her NEM

50$ + 3 years = Big Profit
Day trade needs time to pursue and always active checking on coin what happened if its dump or pump
 

[carlfebz2]

For me Day trade and  longterm still profitable, it still depends on what coin you should pick for longterm, like i have a friend that pro in trading (not a pro but have many expreince about trading) Longterm is based on what coin you should pick like my friend he pick NEM as for her long term he buy @20sats worth of 50$bucks, he buy this NEM since 2014 and now NEM price is @1500+sats her 50$bucks become x100 lol. But suddenly its true her 50$ now is 5000$. But i think he still holding her NEM

50$ + 3 years = Big Profit
Day trade needs time to pursue and always active checking on coin what happened if its dump or pump
 

Therefore patience does really pays off but would depend on the coin you would choose and if you hit the right one then you will smile for sure because of the profits that it gives but if you chose the wrong ones then waiting would comes to waste,risk is always there and we should be aware on that. Both ways is profitable but stick to the one which does give you money.

[BitDane]

In altcoin trading,is day trading profitable or trading on a long term basis?

if you are an experience trader? " Day trading" is very profitable because altcoins price fluctuations every minute. To me long terms is not even good for bitcoin talk more of altcoins as the price can not face a directions continuously in a month this creates opportunity for day trader.

Agreed, day trading is much fastest in growing profit than anything else in this industry. Though, it has risk involved anyway but that's normal. every minutes there is bouncing price value happened in the trading platform, meaning you will go with flow of motion in the exchange site market, you will act like a bot more quicker than a bot something like that.

Day trading is better way of profiting through bitcoin. The same cannot be used as a profiting source by every user due to time constraints. With trading the goodness is the regular difference occurring with bitcoin which reduces the risk of losing. Also at times preferring altcoins to bitcoin trade too help in profiting high.

So, unlike long term investment and saving bitcoin for months probably years, day trading involves profiting from short term movements of bitcoin market, this can happen from minute to minute or even less, and since bitcoin has less market cap putting in and taking out from it can push the price one way or another, in easy words if someone out their exchanges like 3 btc into cash that is going to make price move.

Day trading take advantage of fluctuation of the coin on its day to day basis.  If you can do this right, you can have a bigger profit than those who just hold their coins for a very long time.  The reason is that, since we are taking advantage of the fluctuation, we buy and sell when profit is seen.  Doing this stuff, we can get profit while increasing our holding of the coin without spending another cent instead we get profit then buy that profit to get more coins.

[N@p$t3r]

In altcoin trading,is day trading profitable or trading on a long term basis?

I would go for day trading amigo! Especially when you do margin trading... long term is also great however the money's potential was not maximized.
But in the end, its your call... do not do day trade if you have a day job.

[serjent05]

In altcoin trading,is day trading profitable or trading on a long term basis?

I would go for day trading amigo! Especially when you do margin trading... long term is also great however the money's potential was not maximized.
But in the end, its your call... do not do day trade if you have a day job.

I agree day trading maximized the earning potential.  Though we need to focus on it and stay on check with the trades and price.  Though if you are earning more than your day job, what is the reason to keep the day job lol.  But I agree, do not day trade if you have something that occupies many hours of your day.

[marcuslong]

In altcoin trading,is day trading profitable or trading on a long term basis?

Short term of trading need to take time too you need to auto set the sell price of you coin also the auto buy for the coins tradin for short term to avoid lose big just buy those coins who has potential of ups and down.

[el kaka22]

In altcoin trading,is day trading profitable or trading on a long term basis?

I would go for day trading amigo! Especially when you do margin trading... long term is also great however the money's potential was not maximized.
But in the end, its your call... do not do day trade if you have a day job.

I agree day trading maximized the earning potential.  Though we need to focus on it and stay on check with the trades and price.  Though if you are earning more than your day job, what is the reason to keep the day job lol.  But I agree, do not day trade if you have something that occupies many hours of your day.

There are more lot of misinterpretations on day trading, we might need more hours to make successful ourselves with day trading. Literally we may need 30+ hours to have successful strategies with day trading as it might need intensive studies and analysis. That is the reason, for regular job holders it is not at all recommended.

I'm not joking our all 24 hours will not be enough to have sufficient analysis for day trading, either you need to buy call from third party or you need to spend long hours for technical analysis.

[freemanjackal]

i am starting on trading, and i like daily cause is easy
i understand very well the exchange market, but still strugling to understand margin trading, any good tuto for understanding when i set a short position, when i profit or loss depending of the price ?

[naidray]

i am starting on trading, and i like daily cause is easy
i understand very well the exchange market, but still strugling to understand margin trading, any good tuto for understanding when i set a short position, when i profit or loss depending of the price ?

No it is not easy compared to hold and trade kind of approach. For beginners it would be better going for trading in passive mode like buying and then holding till getting your expected profits and then decide to sell. This way you can protect yourself from volatility and you ma get chances to have comparatively big profits.

Short term of trading need to take time too you need to auto set the sell price of you coin also the auto buy for the coins tradin for short term to avoid lose big just buy those coins who has potential of ups and down.

If you are using bots for those automation, there would be multiple types of risks are there like market will jump your specific price levels or you never get your prices to get triggered. This must be one of the reason why many people are hating day trading.

[shintosai]

i am starting on trading, and i like daily cause is easy
i understand very well the exchange market, but still strugling to understand margin trading, any good tuto for understanding when i set a short position, when i profit or loss depending of the price ?

No it is not easy compared to hold and trade kind of approach. For beginners it would be better going for trading in passive mode like buying and then holding till getting your expected profits and then decide to sell. This way you can protect yourself from volatility and you ma get chances to have comparatively big profits.

that's right mate, for beginners like us its still better to buy and hold then sell when you are already gaining profits, margin trading
will be needed for more deep understanding and also if you have some access with the whales of that particular coin that you are
supporting.

[ethereumhunter]

i am starting on trading, and i like daily cause is easy
i understand very well the exchange market, but still strugling to understand margin trading, any good tuto for understanding when i set a short position, when i profit or loss depending of the price ?

No it is not easy compared to hold and trade kind of approach. For beginners it would be better going for trading in passive mode like buying and then holding till getting your expected profits and then decide to sell. This way you can protect yourself from volatility and you ma get chances to have comparatively big profits.

when we decide to do day trading then we need to find a coins that have fast movement and we need to find the gap that we can buy and sell with fast. but its not recommended for new person in trading because its too risky for them and better to hold for a while until the price is surely to go up then they can sell it. sometimes the price needs too long before its up but its worth to wait as in the end we can gets profit.

[zidanw]

I prefer day trading in addition to profitable trading altcoin have a rapid price movement if the long term possibility of altcoin value will go down and so are not profitable and meaning of trading is the short-term gains

[bitbob82]

I prefer day trading in addition to profitable trading altcoin have a rapid price movement if the long term possibility of altcoin value will go down and so are not profitable and meaning of trading is the short-term gains

there are some kind of people who have good experience in short term investment, but to me i will give preference to long term investment,  i do not have good experience in short term investment therefore i like long term investment.

[Sled]

I prefer day trading in addition to profitable trading altcoin have a rapid price movement if the long term possibility of altcoin value will go down and so are not profitable and meaning of trading is the short-term gains

there are some kind of people who have good experience in short term investment, but to me i will give preference to long term investment,  i do not have good experience in short term investment therefore i like long term investment.

I'm also into long term investment since it gives me a lot of profit ever since i invested in bitcoin. I don't do short term investment in bitcoin because it makes me feel incomplete when i sell my bitcoins but if i do long term investment like buying bitcoin for the cheap price and waiting for at least 6 months to sell then it gives me guarantee that i will earn the maximum possible profit for me.