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Author Topic: I dont like daytrading  (Read 2549 times)
Simon pasco
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January 03, 2018, 12:12:05 PM
 #241

We are not pro, the best for us is simply holder, and having other occupations next door is the best way to make money.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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bohr
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January 03, 2018, 10:44:43 PM
 #242

I do not like day-trading too but i have to do the day-trading for living income. I'm not winning all the time but win is more than lose.
Doing something you do not like is going to create a big sense of burn out, unless you are earning a fortune with trading you will be better if you decide to find other ways to make money with bitcoin, at first it may seem hard, but if you begin to sell products you could make even more money than with trading without the risk of losing money that you have in trading.
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January 04, 2018, 12:57:43 AM
 #243

I dont like day trading because it is small profit and the danger is much higher than the hour trading

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January 04, 2018, 04:16:17 AM
 #244

I dont like day trading because it is small profit and the danger is much higher than the hour trading

not really because as long as you can search profitable coins, I am sure that you can make a bigger profit because I know some of my friend doing day trading and he told me that per day, he is trying to make at least $100 from many coins. he doesn't just stick on one coin only but he spread his trading with many coins so he has big chance to increase his income in trading. although sometimes he makes a mistake but on the other day, he can make 3x or more of his profit.
Rubick99
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January 04, 2018, 04:35:27 AM
 #245

Yeah, mid-long term trading will give us more profit. If that price coin is falling down, don't panic. That is an opportunity for us to buyback and get more profit
Tux99
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January 04, 2018, 04:57:54 AM
 #246

Daytrading is for very skilled and those who have plenty of time or trading is their only occupation. Otherwise it's very hard to be successful and this type of trading is very risky although the profit could be great especialy when the situation on the market is like. I can understand the feeling that you have and daytrading might look very agressive but still it's the one of the most popular and profitable forms of trading.

I agree that day trading is only fit to people who has plenty time or maybe full time trading.
I think day trading is quite difficult for newbie who dont have enough skill.

However, if you dont like it then just dont do it.
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January 04, 2018, 06:34:00 AM
 #247

We are not pro, the best for us is simply holder, and having other occupations next door is the best way to make money.

This is the best that we can do if we don't have any skills in day trading as we all know how risky and tricky it is. Don't push yourself too much to something that you know that you're not capable of and just focus on your strength. If you don't like day trading just hold your coins for mid to long term.

Happy Coding Life Smiley
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January 04, 2018, 07:06:53 AM
 #248

I also do not regularly trade candles daily because this is not sustainable due to the impact of many other factors. In addition to candlestick trading you need to understand technical analysis by chart to enter the order. This takes a lot of your time.

Yes it takes a lot of time to get in at correct time by waiting for the right time to enter. Day trading involves patience and time. Day trading is a lot time consuming.

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January 04, 2018, 07:49:18 AM
 #249

I do not like the day's trading. There is another kind of fun in weekly or monthly trading. I will give you one suggestion that you do weekly or monthly trading without trading day. I think it will be beneficial.
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January 04, 2018, 08:56:21 AM
 #250

Yeah, mid-long term trading will give us more profit. If that price coin is falling down, don't panic. That is an opportunity for us to buyback and get more profit
I agree with you, mid-long trading is better than day trading, maybe because I can gain more profit to it. Personally, I don't like daytrading too; it is just because I don't have a lot of time to do it; some people like it because they have a lot of time to trade especially those people who stay at home and do not have work. Well, If I have a lot of time, I would do daytrading, I just want to try it.
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January 04, 2018, 10:49:26 AM
 #251

I do not like the day's trading. There is another kind of fun in weekly or monthly trading. I will give you one suggestion that you do weekly or monthly trading without trading day. I think it will be beneficial.
Day trading is very risky if you are not good in analysis, you need to know your skills so you can choose how to treat your trading activity.
You can still make money in long term trade if you hold but with day trading it's an active income if you are consistent in making a great decision in doing the right timing, knowledge is really important so don't do day trading if you are not yet ready.

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January 04, 2018, 11:31:58 AM
 #252

As a same point of me . i'm also don't like day trading because i'm don't know which coin is better for trading so i'm lose with day trading so now a days i'm stop my day trading.
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January 04, 2018, 01:13:46 PM
 #253

Even though much profit can be made. And i did a bit. But truth is... i dont like it. It gives me a weird unpleasant feeling. Because to me its just swapping air if all u buy and sell for is money. I love crypto and to me it feels like daytrading is raping it. Ur not really standing behind the idea and product anymore. Im not hating on daytraders or anything. Just doesnt seem my thing. I allways had the same in poker, taking lunchmoney and the game is what its about to me. Whenever i played higher stakes it just didnt felt right and even when i won a nice bit it even depressed me.
not just you who do not like day trading, many people out there do not like it because they think doing day trading is very risky. but instead I really like it because it gives us the challenge of being able to trade properly and if we are really in a trap situation and have lost the moment to sell then I will keep saving the coin and forget it and try again looking for another coin...
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January 04, 2018, 01:32:07 PM
 #254


For me, daytrading is time consuming and I don't have time since I have a lot of stuffs going on nowadays.
I agree with you that day trading is time consuming and is only suitable for people who are focused on trading. I rarely do day trading, only occasionally if I have a lot of time to focus on trading like in the weekend because day trading requires our focus to see a price movements so we will not to miss the opportunity to earn profits because the price is difficult to predict and it can move up and down in seconds
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January 04, 2018, 03:03:02 PM
 #255

Even though much profit can be made. And i did a bit. But truth is... i dont like it. It gives me a weird unpleasant feeling. Because to me its just swapping air if all u buy and sell for is money. I love crypto and to me it feels like daytrading is raping it. Ur not really standing behind the idea and product anymore. Im not hating on daytraders or anything. Just doesnt seem my thing. I allways had the same in poker, taking lunchmoney and the game is what its about to me. Whenever i played higher stakes it just didnt felt right and even when i won a nice bit it even depressed me.

with your poin of view, I can say that you have a passion on crypto. you love to learn and support this "crypto" world.
I have the same feeling like you, for example when I have some coins, and sell it, I feel like, "okay, now what? I am just a 'normal' person who only have fiat money now, I dont have crypto money anymore."
however, the longer I hold my coins, it's getting difficult when I see the hype nowadays.
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January 04, 2018, 03:53:20 PM
 #256

Yeah, mid-long term trading will give us more profit. If that price coin is falling down, don't panic. That is an opportunity for us to buyback and get more profit
Yeah right, altcoins are all in green day, so mid-long term will bring best result to traders.
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January 04, 2018, 05:17:23 PM
 #257

short term too. in this week you can make money from any altcoin. just keep hold top 50 and get free money

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January 04, 2018, 05:59:21 PM
 #258

You made some "philosophical" problem, but day trading can be very rewarding, and - if you can control the stress - scalping is even better.
Long term trading doesn't make sense in crypto.

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January 05, 2018, 02:43:19 AM
 #259

I also do not regularly trade candles daily because this is not sustainable due to the impact of many other factors. In addition to candlestick trading you need to understand technical analysis by chart to enter the order. This takes a lot of your time.

Day trade need very high skill. We can not deny day trade is high return but its high risk too. If we are able to do high skill then just do it. But i suggest you dont do day trade if you dont like it. Do whatever you like and make you comfortable.
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January 05, 2018, 03:16:45 AM
 #260

I dont like it too, it is toooo risky and you can easily lose everything if you start a bad trade or if suddenly the pair that you are trading go to negative numbers and you start to lose it all.
That is why i prefer holding instead of trading
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