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Author Topic: I dont like daytrading  (Read 2549 times)
johniadeluca
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December 29, 2017, 03:12:42 AM
 #221

Although stocks and such can yield good rewards for daytraders, Cryptos make tons more by simply holding in my opinion
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December 29, 2017, 03:29:28 AM
 #222

me too. not profit too much for weak hand.

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December 29, 2017, 04:06:59 AM
 #223

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 also do not like daily trading because the risk factor is higher than we are trading monthly, with daily trading we can get stuck at a different high price if long term play you buy when current price and in future coin you buy have price increase up seeing 1000% more is very profitable.
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December 29, 2017, 05:29:05 AM
 #224

Same way you lose, equals same way you stand to gain. Day trading can be really profitable to you, if you have the right tools to go about it, in terms of having a proper analysis, minimizing your losses and maximizing your profits.

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Maddinson100
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December 29, 2017, 07:08:37 AM
 #225

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.

If you don't like it just leave it and try to find the best for you, simple. Don't push too hard it will kill you slowly and make you loss your profit. We can say many reason about day trading but I believe most people living from that strategy. They like because not only from profit because they really understand what is it. Hope you change your strategy because crypto world still profitable, good luck to you.
Day trading is not for everyone rather not long term trading is suitable for all investors and we should understand this thing. I will concur with you in this regard that day trading demands a lot of time and cash, if you are studying and doing some job, you better stay away form day trading.

It is going to put you in stress badly. The best option is then holding bitcoin for some good time period in order to sell it off at high prices.
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December 29, 2017, 05:32:52 PM
 #226

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.

Actually i like all of kind of trading. I like all of them because most important is not how i do trading but money or income or profit is the most important one.
I think there is nothing best then day trading because day trading is one of the best source of income than any other income from day trade you can earn on daily base and its profit is also high I was going day job before and I was also doing a day trade as apart time so when I come to know that my earning is better than day job so I quit day job and start giving full time to day trade so now I expand my trade to other cities.
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December 29, 2017, 06:07:54 PM
 #227

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.
Everyone has different thoughts but in my opinion daytrading still brings a good profit that long investment can not be equal. However, if you invest well and daytrading is still more risky.
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December 29, 2017, 06:13:59 PM
 #228

Daily trading may be working for FIAT but it's dangerous in crypto. You can make huge profits as well as big loses given the fact how volatile crypto markets are.


I stand by what you say, big gains can indeed be made and if you can infer from coinmarketcap.com, you can see the massive gains in each of the crypto currencies as well as the losses. While the losses aren't as significant as the gains, they're still highly susceptible factors for people to lose big amounts of money.
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December 29, 2017, 08:11:41 PM
 #229

Day trading gives you the opportunity to get more profit, but makes you always be near the computer. It's hard emotionally, so not everyone survives this for a long time.
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December 29, 2017, 09:48:15 PM
 #230

Daytrading is very emotionally draining especially if you are just getting started and you don't know how to handle your feelings. If you are the emotional type you will lose in TRADING. PERIOD. This is not for everyone,if it was all people would be staring at the charts on the streets. lol On a more serious note at the end of a daytrade you will feel tired and maybe a little bit anxious,but you need to cope with this. Learn how to control emotions, learn and practice your TA skills. Learn,Practice,Master!!
Good luck and take care!
Dreamchaser21
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December 29, 2017, 11:13:35 PM
 #231

Day trading gives you the opportunity to get more profit, but makes you always be near the computer. It's hard emotionally, so not everyone survives this for a long time.

Day trading is quiet not profitable for me because its risky and you really have to watch for it every time. Your skills and knowledge is your great resources when you do day trading and if you think you can’t take the risk then stop it.
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December 29, 2017, 11:37:53 PM
 #232

I guess day trading is only for high risk takers. Day trading is a high risk game. It needs great knowledge and attention to be successful and lessen the failures.
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January 02, 2018, 04:57:45 AM
 #233

Day trading only for trader that have full time to analysis the market and the charting, can be 12 hours aday, because we doing buy and sell many time in aweek. And also day trading only for people who can control the emotion and not greedy person. If can not doing this all thing for the better just hold Bitcoin and Ethereum for longterm investment.
It is not very easy to have day trading as it requires plenty of time as it is a full time job as you will have to keep in touch with the market every time so those who cannot spare time for there business may have difficulty in managing the day time trading but if you have sufficient capital and plenty of time for the trading you can get profit from day trading as it depends how you behave.

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January 02, 2018, 05:20:30 AM
 #234

Day trading only for trader that have full time to analysis the market and the charting, can be 12 hours aday, because we doing buy and sell many time in aweek. And also day trading only for people who can control the emotion and not greedy person. If can not doing this all thing for the better just hold Bitcoin and Ethereum for longterm investment.
It is not very easy to have day trading as it requires plenty of time as it is a full time job as you will have to keep in touch with the market every time so those who cannot spare time for there business may have difficulty in managing the day time trading but if you have sufficient capital and plenty of time for the trading you can get profit from day trading as it depends how you behave.
Yes, I agree with you. If you had a full time job already, you should not use daily trading strategy. Let choose some potential coins and hold in few weeks.

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Ipwich
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January 02, 2018, 05:51:35 AM
 #235

Day trading only for trader that have full time to analysis the market and the charting, can be 12 hours aday, because we doing buy and sell many time in aweek. And also day trading only for people who can control the emotion and not greedy person. If can not doing this all thing for the better just hold Bitcoin and Ethereum for longterm investment.
It is not very easy to have day trading as it requires plenty of time as it is a full time job as you will have to keep in touch with the market every time so those who cannot spare time for there business may have difficulty in managing the day time trading but if you have sufficient capital and plenty of time for the trading you can get profit from day trading as it depends how you behave.
Yes, I agree with you. If you had a full time job already, you should not use daily trading strategy. Let choose some potential coins and hold in few weeks.
Depending on the situation actually, day trading could provide great profit but you have to ensure you are very active
so you can make a timely decision, being full time on it will give you an edge and you will be successful, if you like day trading and you have a job,
it's better to quit your job and focus on day trading.

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January 02, 2018, 11:19:01 AM
 #236

Someone likes to day trading someone no , but I think many traders use it. After all, the trader's task is to make money, and often it is exactly dey treding that wins by the profit-risk ratio. You can certainly put stops, pending orders, there are even separate services that provide setting of take profit and stop loss together, but all the same automation is far from a living person and his understanding of what is happening on the market.
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January 02, 2018, 11:27:38 AM
 #237

Daytrading does not need to make one feel bad if you know what you are trading. Trading is just about making money! So get yourself together and trade. And if day trading is not your thing, simply quit.
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January 02, 2018, 11:31:12 AM
 #238

Day trading only for trader that have full time to analysis the market and the charting, can be 12 hours aday, because we doing buy and sell many time in aweek. And also day trading only for people who can control the emotion and not greedy person. If can not doing this all thing for the better just hold Bitcoin and Ethereum for longterm investment.
It is not very easy to have day trading as it requires plenty of time as it is a full time job as you will have to keep in touch with the market every time so those who cannot spare time for there business may have difficulty in managing the day time trading but if you have sufficient capital and plenty of time for the trading you can get profit from day trading as it depends how you behave.
Yes, I agree with you. If you had a full time job already, you should not use daily trading strategy. Let choose some potential coins and hold in few weeks.
Depending on the situation actually, day trading could provide great profit but you have to ensure you are very active
so you can make a timely decision, being full time on it will give you an edge and you will be successful, if you like day trading and you have a job,
it's better to quit your job and focus on day trading.
Yeah day trading is one of the best way to earn but it is more riskier than holding for long-term. Also I think day trading requires high amount of investment than the long-term holding. In long-term you can earn with little amount holding while in day trading small amounts are not much beneficial.
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January 02, 2018, 11:34:25 AM
 #239

Daytrading does not need to make one feel bad if you know what you are trading. Trading is just about making money! So get yourself together and trade. And if day trading is not your thing, simply quit.

Yes I agree to you if you dont like daytrading then simply quit or stay away from it theres a lot of people in crypto world do daytrading and earn profit. If you dont have lot of time doing trading then I suggest to you do long term trading pick a good altcoin with high potential to shine in the future trading is so risky but if you learn it and do praktice you can earn a good profit from trading.
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January 03, 2018, 11:47:59 AM
 #240

Daytrading isn’t for everyone. Most people are better off just investing and following the trends on bigger timeframes.
Less stress and risk.

Daytrading is not healthy, because those coins are not always increase, we need a perfect timing in trading we need time to research about the coin .
It depends on the trader itself because some other are good at it. For me i like day trading but it is stressful if you can't get out when the drops. Researching doesn't much needed in a day trade.
Day trading is all about checking out the value of your coin in the market from hour to hour. This is what makes a little hectic schedule for a day trader. It is a very good method of earning profit on daily basis but sometimes not working as during the downfall one cannot earn by only selling out coin.

In order to make some money, he must buy already sold out coin again at a lower price. Day trading is more fun and challenging than long term trading.

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