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Author Topic: Day Trading  (Read 3657 times)
sebinator
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September 29, 2017, 08:36:23 PM
 #41

Day trading was really hard for me in the beginning. You won't be able to sleep relaxed because your mind is on the trade. After some time it gets better and you will learn to step down from risky trades. This was my experience.

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September 29, 2017, 10:09:26 PM
 #42

For me intraday trading is the best way to earn money, especially this kind of trading suitable for altcoins, which are changed every moment.

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September 29, 2017, 10:17:47 PM
 #43

I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
If you dont have enough knowledge about projects and how blockchain works and etc. At first it is better to gain some experience and start to trade with a really small ammounts for example 50$, after you will start to get profit daily you can try to invest more and so on. Still at first it is better to have some basic knowledge of where you want to invest in.

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September 29, 2017, 11:53:46 PM
 #44

I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
Day training is an another good way. I think it is instant way to earn money. In this case, capital is not main factor. You should need to know basic rules of trading and follow it. If you are not an expert on trading, capital will not help you in this condition. So use your capital on right way for trading.

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September 30, 2017, 12:33:46 AM
 #45

I think  $100-200 is suitable for a student, if you have a job and want to invest in something to have a good reward, I suggest you begin with 1 BTC.

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September 30, 2017, 03:15:54 AM
 #46

To be honest if you are not that familiar with trading then start with a small amout or better trade with a demo account. That $200 will disappear right away if you do not have any idea with trading.

But if you actually have an idea with trading but not with crypto trading then for starters thats enough. You just need to get familiat with the other coins.

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September 30, 2017, 03:52:39 AM
 #47

I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
Experiment, put a little then you'll see how it goes, it all depends on you well and the currency jumps, you can go up and maybe not, it's hard to say. But the amount is normal.


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September 30, 2017, 04:12:04 AM
 #48

I think  $100-200 is suitable for a student, if you have a job and want to invest in something to have a good reward, I suggest you begin with 1 BTC.

Be cautious when you are doing day trading with 1 Btc at beginning beacuse hope you are aware that trading is very risky and it involves the understanding of technical analysis as well as knowing when to entry and exit the market to make profits . Then only day trading can be profitable else you may even lose the money easily .

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September 30, 2017, 04:15:53 AM
 #49

I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
i think no need for big invest here because even its little you can earn like day by day study first the trading i recommend xem buf the earnings is for long term the price is volatile but i earn by that just a little then you can earn also in faucet here no invest and no risk

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September 30, 2017, 05:07:56 AM
 #50

There are a lot of coins to start trading intraday. Of course, it depends on a strategy you use. Where are a lot of coins with a small price for 1 coin and good market capitalization. Look at their charts, think, apply your strategy and make the profit. I usually use http://strymex.com for filtering such coins. It is a good screener of crypto with nice charts.
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September 30, 2017, 06:17:45 AM
 #51

To be honest if you are not that familiar with trading then start with a small amout or better trade with a demo account. That $200 will disappear right away if you do not have any idea with trading.

But if you actually have an idea with trading but not with crypto trading then for starters thats enough. You just need to get familiat with the other coins.

it is trading we are talking about not gambling.
your money won't just disappear if you make a mistake! when some altcoin invested in goes down for example your $200 will become $150 worse case scenario but you can learn from that mistake and never repeat it and make that $150 back to $200 and then more.

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September 30, 2017, 07:15:07 AM
 #52

I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
I must be candid with you, if you are considering becoming a day trader and you are yet unable to figure out an ideal amount to get started with, then your home work was not thorough or complete. I think you will do well to straighten the rough edges before embarking on the venture because everything is going to depend on how really prepared you come to the market. The allure to dash to the market for some quick profit should be put on check because it almost always lead to regrets, which otherwise could have been avoided because profitable trading opportunities would never cease.

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September 30, 2017, 07:23:40 AM
 #53

Day trading is a very good way to make good money from bitcoin and others cryptocoin! I have been following how market reacting to daily news that do come on the net and how traders reacted to them in a second. I think day trading is very good if you are not a panicking one.



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September 30, 2017, 12:41:35 PM
 #54

I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
Experiment, put a little then you'll see how it goes, it all depends on you well and the currency jumps, you can go up and maybe not, it's hard to say. But the amount is normal.

$100 is enough to do experiment while we need to learn about trading. and if we have some lesson and practice every day, i am sure that with $100, you can increase your capital and finally your money can increase too. its not about how much good amount to start with but its about do you want to learn trading or not because if you don't learn anything and just sit down waiting for pump from some people then its hard to increase your money. we need to learn more so our skills in trading can increase too.

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September 30, 2017, 02:09:19 PM
 #55

I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.

There is no loss in trading bitcoin in my opinion, as long as you can wait for weeks until bitcoin price recover.
I don't think bitcoin is a good option to do daily trading as the price just fluctuate a bit, within $100-$200 and sometimes less than that.
If you invest $100-$200 into bitcoin and the price just rise $50, you may earn a little bit and vice versa if the price decline.
Try to calculate it, and you may manage to get max $20 daily, depend on bitcoin price fluctuations.

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September 30, 2017, 02:59:29 PM
 #56

I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
You are in the right place bruv! Day trading with that amount is good most especially if you are new at trading. However, you should try as much as possible to not just try day trading without knowing some few things about trading so as to help you enhance your decisions as a starter, that is if you are one. Over time, you can increase what you have if you are confident enough but with dedication and right decisions, you should be making it good.
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September 30, 2017, 04:11:23 PM
 #57

I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.

Of course, it is possible to start day trading for 100$-200$, as long as you make sure that the coins you choose are really potentially profitable for trading. To make your capital not be waste, of course.

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JCNC
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September 30, 2017, 06:05:18 PM
 #58

Think as market maker and think that you are trading with exchange, not with other traders. That helps me.

rickadone
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October 01, 2017, 05:21:53 AM
 #59

While you're at it you can also check some sites that offers test money for you to try out day trading before you invest real money in there. You can gauge how the market reacts and how fast a change cab occur in real-time markets without risking anything yet. This is the best thing you can do before you really dip your hands into trading.

Edit: I forgot to include what simulator am I talking about but I use Investopedia's trading simulator. Not great and all but it will help you gain some knowledge in actual trades.
There are so many of this for the normal forex trading for practice purpose. I have not really seen one for crypto market anyway. However, it is better as it can give an idea about trading and give someone more confidence when trying out the real one. Still, a lot of people always make mistake of trading demo with a huge amount they themselves do not have so I will advise those who want to try this to use the exact amount they intend to start with so as to face the main reality trading comes with.

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October 01, 2017, 08:48:31 AM
 #60

$200 is a great number. I've turned $200 to $9000 in 90 days so many times over I've lost count. I've done it so many times that I've started a video series to show the entire 90 days:

https://www.youtube.com/user/philakone1

But you also have to know what you're doing. Luck has very little to do with it. I would suggest learning as much as you possibly can. Keep in mind you're competing against very smart people who know much more than the average beginner / mediocre trader.

For every winner, there's a loser. If you go in thinking you'll just buy low and sell high, people who are experience will take your money and the market will humble you quickly.

I highly suggest you read my quick write up that can give you an idea of what you're getting into:

https://bitcointalk.org/index.php?topic=2221007.msg22416951#msg22416951
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