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Author Topic: Bitcoin Day Trade  (Read 855 times)
fpcore (OP)
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November 30, 2017, 08:33:44 PM
 #1

Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?
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November 30, 2017, 08:35:28 PM
 #2

Not really, daytrading makes me all jumpy. I prefer doing good research and making a long-term investment
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November 30, 2017, 08:39:39 PM
 #3

Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?

No.

I made a couple of trades, ended up back where I started, and have stopped. It's been too volatile for the last 24/48h. I'm going to wait until we break out of this channel, in either direction, and then consider shorts or longs.
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November 30, 2017, 08:40:40 PM
 #4

Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?

Yes but I dont put too much BTC on my selected pair because Bitcoin price is very unstable lately that it can drop up to $1500 USD in 24 hours but BTC can also recover and go back to previous price. Problem with day trading is you need to act quick and it requires complete focus and monitoring of your investment.
LightSide
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November 30, 2017, 08:41:19 PM
 #5

Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?

I do I'm using my poloniex account and making some margin over the fluctation but now I'm stuck with some ETH bought some high.
BitGenerator
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November 30, 2017, 08:41:51 PM
 #6

I haven't made a single sat, is more likely gambling for me, already lsot 5% of my investment.
Scor1937
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November 30, 2017, 08:42:41 PM
 #7

We would need a lot of investment for day trading in bitcoins as currently the price fir bitcoins is much more high and i dont think it will go much down now. Instead price for bitcoin may go a bit down by december end and again it will have a sudden pump which will give bitcoins a high profitable future.
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November 30, 2017, 08:45:07 PM
 #8

I actually made my first trading movement when reached the $11.000 ATH.

Sold some of them for a good amount of money before it started to dip. Now I'm enjoying its benefits  Wink

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November 30, 2017, 08:46:24 PM
 #9

95% of day traders lose their bankroll and quit. If you think you are special trade on paper for a few months first.

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November 30, 2017, 08:47:29 PM
 #10

Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?

Im not that type of person who is doing daytrades in terms of bitcoin. These are not meant for bitcoin trades even I can play on it.

And by looking at the price movement since it's "correction", it was crazy I mean it doesn't staying on a certain level. Like you said, a roller coaster. Price is playing along the margin of around $1,000 whether price increase and decrease. I will let it that way and just watched it rather than play with it.

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November 30, 2017, 08:56:26 PM
 #11

As tempted as I was to buy some when it dipped to around $9K earlier today and sell it higher, day trading is too stressful for me. I tried doing a bit of stock paper day trading years ago and quickly learned that it wasn't for me.
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November 30, 2017, 09:23:04 PM
 #12

nearly lost  a third of my investment.. i think you need to be the lucky one profiting from somebody elses faughts..

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November 30, 2017, 09:26:59 PM
 #13

Day trading bitcoin is very dangerous. Its so volatile, it can go either way in a heart beat and If you aren't prepared for it you can lose a substantial part of what you just invested. That or you have to hold it for a bit until you aren't selling at a loss.
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November 30, 2017, 09:31:50 PM
 #14

trading is very risky now . you can buy with high and when you try to sell it's already lower than u did expect.
Be careful with it .
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November 30, 2017, 09:34:39 PM
 #15

I have been trying to do some day trading but I am too scared to put up large amounts. I have managed to make a quick $20-$50 here and there but I do not think I am cut out for it as I often exit my winning positions too early or ride my losing ones too far.

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November 30, 2017, 10:31:24 PM
 #16

Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?
I was taking the advantages from the rollercoaster was going down yesterday. I can get some more bitcoin at the dip. Every time the bitcoin just repeat the same story about another dump and then it jumped back again to the mars. Those experts are knowing when to sell and to buy. Yesterday is very very good chance to buy again.

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November 30, 2017, 10:42:55 PM
 #17

I have much respect for day traders, who get the right point to buy/sell bitcoin. But I wouldn't risk a day trading myself, because cryptocurrencies generally don't follow the main trading trends. The best for me is, to keep Bitcoin on longterm.
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December 01, 2017, 04:20:09 AM
 #18

Lot of work for me. Constanly checking the price every 10 mins or so. I tried trading before with altcoins and even tho i did make some profit, took a lot of my time. So now i just hold bitcoins.

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December 01, 2017, 04:27:02 AM
 #19

Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?
Of course, I have made a small amount of money from these pump-dumps, which are opportunities that we can make a lot of profits.
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December 01, 2017, 04:31:36 AM
 #20

Bitcoin pricing are going trough a rollercoaster right now. Are you taking advantage of these ups and downs day trading?

I will surely ride on this trend but never to sell my bitcoin instead if the price dump I will buy more bitcoin. I don't want to loose this great opportunity just have some profit, I will hold more and be prepared for the future of bitcoin.
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