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Author Topic: I dont like daytrading  (Read 2549 times)
mia khalifa
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December 22, 2017, 12:18:34 PM
 #141

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.

I also do not like daily trading, because the profit created from daily trading is not as much as we get when trading long term.
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December 22, 2017, 12:31:55 PM
 #142

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.

I also do not like daily trading, because the profit created from daily trading is not as much as we get when trading long term.

Wouldn't be so sure Smiley
friend of mine had 16.k usd and 1btc, this night he made it up to 2.5 btc and left with 15 k usd so if you know what you doing, keep it up, if not, better leave it in the wallet for long term.
Personally also did a big profit tonight due to dump we had tonight. so it's all matters how think of it. Smiley Haven't slept since yesterday 5am and im still here trading, doing research. Of course if you seen a dump beginning but went to sleep, then wake up next day with 20% -  and sold everything because got scared that's no ones fault except yours. Have to remember that its not forex where you can go to sleep and have a party for a weekend because market is closed Smiley 
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December 22, 2017, 12:49:40 PM
 #143

I do daytrading or longterm as long as it gives an profits. Sometimes, there is a good gap to enjoy trading scalping. Because, several times i am experienced a pretty good profit increase with daytrading.
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December 22, 2017, 01:41:46 PM
 #144

in my opinion, daily trading is just suitable with people who has much technical skill and huntting news skill. Therefore, you should shift to invest in good coin in long term such as ETH, Bitcoin, Litecoin...
In my  opinion there is no other best  option then online trade because it don’t need extra time to do you can continue online trade with your study and with any other of your work and its profit is also very good then any other profit bitcoin is here to give us profit and I’m going to take profit from it on daily base so if you quit day trade there must be a lack on knowledge that’s why I’m always suggesting to every one before going to join bitcoin learn about it.
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December 22, 2017, 01:58:39 PM
 #145

Day trading is not for me, I like it and it reminds ne on gambling a lot but I suck at day trading. I lost a lot of money in trying to learn day trading, my timing was everything else from good. I buy in wrong time, I sell in panic and that's why I stopped with that and started to buy and hold different altcoins, that is much more suitable for me. Who have the same experience like I do should follow my lead, I'm much better in holding and earning from that then in day trading.



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Rainbot
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roberthus
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December 22, 2017, 02:04:47 PM
 #146


One of the reasons (fallacious) why many traders decide to devote to day trading, is because they say they want to avoid the "terrible" risk of maintaining an operation from one day to the next. The truth is that this risk is lethal, if it goes super leveraged or poorly diversified (which are two errors in itself).
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December 22, 2017, 02:11:03 PM
 #147

in my opinion, daily trading is just suitable with people who has much technical skill and huntting news skill. Therefore, you should shift to invest in good coin in long term such as ETH, Bitcoin, Litecoin...
In my  opinion there is no other best  option then online trade because it don’t need extra time to do you can continue online trade with your study and with any other of your work and its profit is also very good then any other profit bitcoin is here to give us profit and I’m going to take profit from it on daily base so if you quit day trade there must be a lack on knowledge that’s why I’m always suggesting to every one before going to join bitcoin learn about it.
Its not really a day active tradings if you do have still time to finish your studies or task on a particular day because if you do really say active day trading most of the time you are really seeing prices actively which would cause on having much more time in front of your pc than doing any other chores but though it can be classified into situation basis. There are day traders which dont actually go full time on a single day but still can able to handle to be profitable and dont let a pending order on that time.

DrGuns4Hands
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December 22, 2017, 02:17:57 PM
 #148

Me too because day trading is a risky plan like when i am gambling last year it is also a risky method of gaining money because you can lose some. But now i am just doing a signature campaign so less worry and can still have an income.
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December 22, 2017, 02:26:08 PM
 #149

i love to trade in day because it is more easy to find a good deal with high rate, i dont have to compete with many people and the transactions can be much faster than night trading, however i also realize the diversity of the rate is not good enough for me to choose.

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December 22, 2017, 07:36:44 PM
 #150

Day trading is not for me, I like it and it reminds ne on gambling a lot but I suck at day trading. I lost a lot of money in trying to learn day trading, my timing was everything else from good. I buy in wrong time, I sell in panic and that's why I stopped with that and started to buy and hold different altcoins, that is much more suitable for me. Who have the same experience like I do should follow my lead, I'm much better in holding and earning from that then in day trading.
That goes to highlight the fact there's virtue in being able to understand one's strength and weakness and then summon the will power to act inline with that. Day trading, as well as any other form of trading is not suitable for everyone, however when you discover which is yours, the drive comes naturally and you would be willing to dig deep and deeper, enduring pains and set backs until you're able to get it right or better. So the problem is not really with day or swing trading, because there are no guarantees either way, consistent profit comes only with passionate knowledge and skills.
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December 23, 2017, 05:38:14 AM
 #151

Day trading is not for everyone. You will lose or win. If day trading will not suit you. Then better do something else that could give you more profit.
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December 23, 2017, 05:47:01 AM
 #152

I pretty much had the same experience. I was making profit, but the profit wasn't much due to me being unskilled and it definitely wasn't worth it for me. The first few days I've done daytrading I was staring at graphs and charts with laser focus the whole day. At the end of each days I felt literally sick; like I was feeling dizzy and not far from throwing up. I don't think daytrading is healthy for me. Good for those people who can handle it though.
The truth is that if you cannot make a good decision based on your expectations and analysis from charts and make some quick bucks, then day trading is not for you. It requires so much but for me it is not really worth it.

Once you have the big bucks and you can do your simple breakout analysis to hit the big ones, I totally prefer that so much more. I guess for me, I will just leave daytrading to those who feel they are strong enough to keep looking at the monitor the whole day.
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December 23, 2017, 06:48:21 AM
 #153

I do daytrading or longterm as long as it gives an profits. Sometimes, there is a good gap to enjoy trading scalping. Because, several times i am experienced a pretty good profit increase with daytrading.
indeed thats right the advantage of day trading is when bitcoin goes up you can obtain much profit from it. Where you just wait for the bitcoin price to rise then sell. So easy for those who want ro earn fast .even me i do day trading but incase of emergency i also doing investment and sig camp to cover my lose in day trading.  
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December 23, 2017, 07:30:30 AM
 #154

daytrading is not a good thing if you do not know what the hell you are doing in there. I knew some people who were just starting trading only for earning money. but in the end, they lost it all, or they just retired from the market with a few losses.
Do not start daytrading if you do not know how it works.
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December 23, 2017, 07:46:23 AM
 #155

If you are lack of trading skill, you can choose ICO project to invest. Livestars, Wepower, INS,...Both of them are good potential tokens to buy and hold

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December 23, 2017, 08:31:57 AM
 #156

daytrading is not a good thing if you do not know what the hell you are doing in there. I knew some people who were just starting trading only for earning money. but in the end, they lost it all, or they just retired from the market with a few losses.
Do not start daytrading if you do not know how it works.


The great thing about trading crypto is that you don't need a lot of investment. You can start with 50 or 100$ and see how it goes. When I started day trading I lost 40%, but my investment was low so I continued. After a while I got good at it and invested more. Now, after just 5 months I have a 700% gain on my investment. I think anyone who has enough free time should try it. There is very little risk considering you can start with low amounts.
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December 23, 2017, 09:07:03 AM
 #157

I'm also like day trading because it is make passive income for me because i know how to start trading so if you do it you must make a passive income with day trading.
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December 23, 2017, 09:10:30 AM
 #158

daytrading needs time and patience because you cant act with panic and you need to be on screen all the time, in case you are working 10 hours in a plaza (god bless white collars) you can't have enough time to do that. So if you are in this position, you should avoid daytrading and Hodl.
In addition to that you can catch some easy bounties or airdrops which takes almost zero time. good luck

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December 23, 2017, 09:21:10 AM
 #159

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.

Yes, I'm with you, day trading is definitely not for everyone. It can be very stressful and risky as well. You need concentration and regular updates...if you're not that kind of person, just buy good coins and hold until the price will move up on its own...

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December 23, 2017, 09:23:04 AM
 #160

I love it and its my favorite thing to do. I do it to increase my Bitcoin and dont really ever think about the money.
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