I dont like daytrading

[BTCsuccessor]

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.

Since I am still newbie at trading no matter how hard you tell me about day trading I still going to study this and try my best just to learn and also earn money through this.

[gabbie2010]

At this point, i think daytrading might be more successful for stocks and not crypto. There is still a lot of room for growth in crypto, and we've seen that with price increase booms in the past few months. If a day trader bought ripple at 30 cents, sold it at 60 within one day thinking he made a great profit, then sees it go to 220. Things like this are much more rare in stocks, so honestly it might just be better to stick with a coin instead of trading it 5 times a day.

Day trading is better achieved in stock or forex trading while it is relatively risky in Cryptos due it's highly volatility and momentum.
Day trading requires total concentration and commitment so as to recognize any slight movement of the price and act swiftly to it.
It is also easier to manage risks/reward in stock trading however a larger stop order is required in Cryptos trading while day trading.

[hxk451]

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.

Truly we don't care to prescribe day trading since its difficult to make benefit on that since the majority of the coin are not vacillates for everyday schedule. More often than not great traders do here and now however not day by day trading. Me I likewise need to hold coin for long haul to ready to procure considerably higher benefit.

[putrisa]

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.

in fact daily trading is very good but has many risks such as stuck in high prices and others, so if you do not want to have that risk you should not do it, if you have a lot of capital you can do both daily trading and long term trading, it will be more profitable.

[heringasem]

This is the real truth.. if you do not even know how to trade, how the fuck are you going to risk your money on it? You are in a very high risky position, i would never do it.
That is why i prefer to hold instead of just trade.

If you hate trading that much and you think that way. Don't push yourself, it won't help you, and it wasn't healthy also.

[mx667]

At this point, i think daytrading might be more successful for stocks and not crypto. There is still a lot of room for growth in crypto, and we've seen that with price increase booms in the past few months. If a day trader bought ripple at 30 cents, sold it at 60 within one day thinking he made a great profit, then sees it go to 220. Things like this are much more rare in stocks, so honestly it might just be better to stick with a coin instead of trading it 5 times a day.

Day trading is better achieved in stock or forex trading while it is relatively risky in Cryptos due it's highly volatility and momentum. Day trading requires total concentration and commitment so as to recognize any slight movement of the price and act swiftly to it. It is also easier to manage risks/reward in stock trading however a larger stop order is required in Cryptos trading while day trading.

Actually, every type of trading there are benefits and advantages of each. I also do not like daytrading and prefer long-term trading. I prefer long-term because I do not need many transactions to make a profit. I just need to collect the cryptocurrency I'm going to as much as possible and wait as long as possible. Unlike the daytrading, on the other hand, this type of trading needs very much risk because every transaction that we do will be between loss and profit. That's why I do not like that. Long-term trading or that can be called also with investment, it takes a little effort, I guess. But if you like analysis and do various research, maybe daytrading is right for you.

[bohr]

This tread was started last year, now in 2018 in the U.S. the tax laws have changed. Day trading the cryptos will be a challenging task to document.

Many were able to see this was coming which is why holding proves once again that is a superior form of earning money with bitcoin, not only declaring your taxes is going to be a nightmare you are going to find it very challenging to determine how many taxes each one of your trades generated since you need to pay capital gains in each trade in which you got profits.

[ImSuparmin]

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 with you, daytrading is one of the most popular and profitable trades but apart from that daytrading also has a very high risk, we must prepare our mental first so that in any situation we are ready to gain profit or even in a loss.

[entrepmind23]

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 then don't do it. Each one of us has its own taste so if you don't like something then there would always be others who would like it. Personally, I like day trading because I like the adrenaline rush that I feel whenever I trade and I like learning something every day. There may be times when I am force to hold a coin for a long time because I am still not in profit but if I can see a way for it to be sold with little profit then I would do it because crypto is so volatile so there would always be a chance that the coin I bought will suddenly rise with a news or maybe a group pump it.

Holding a coin for a long time that you think has a potential to go up maybe favorable but I don't like the feeling of being stagnant with nothing to do that's why I prefer day trading. Yes I may lose at times but it is part of the process of learning.

[khalifa25]

Others may say a different  thing about day trading. Although day trading is for experience traders who has the requisite experience on it

[cepedacharles]

Yes,  even though we tried it and got the profits by doing it some of us felt that it was somehow not the right thing to do because we tend to think something that discouraged us to do this. It really depends on the perception or preference of a person whether he thinks day trading could be okay to do.

[traderethereum]

there are no people that could push to do daytrading, it depends on how we want to do with trading. and if you are not feeling good with daytrading then maybe you can considering to do a weekly trading or bi-weekly trading or monthly trading. but all decision you make is your responsibility and don't blame yourself if you cannot make a daily profit like the others. every people that want to make a profit, they really struggle and survive in every exchange so they can make a nice profit.

[DevilSlayer]

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.

It seems that you have wrong perception about day trading. For me, day trading is one of the effective techniques to double our investment. I am a day trader and I can say that day trading is one of the profitable job.

[Koro-Sensei]

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.

Me either i don't like too much cause it means you can lose your money in a matter of seconds but i know it will be even on long term holds but i don't want to put money in so much danger for now im just learning to develop a good picking strategy and hopefully it can be useful to me in the future.

[Rana590]

Yes,  even though we tried it and got the profits by doing it some of us felt that it was somehow not the right thing to do because we tend to think something that discouraged us to do this. It really depends on the perception or preference of a person whether he thinks day trading could be okay to do.

Absolutely right you are. We shouldn't discourage people who wants to day trading. Day trading is the most popular and profitable. But in this case there are need a lot of experience. Mentally prepared and risk should be needed in day trading.

[carlisle1]

Yes,  even though we tried it and got the profits by doing it some of us felt that it was somehow not the right thing to do because we tend to think something that discouraged us to do this. It really depends on the perception or preference of a person whether he thinks day trading could be okay to do.

Absolutely right you are. We shouldn't discourage people who wants to day trading. Day trading is the most popular and profitable. But in this case there are need a lot of experience. Mentally prepared and risk should be needed in day trading.

day trading is a game for knowledgeable person i this community,this is not for those who just wanna make a big money instantly,the more you eager to win the more chances of losing...this daytrading needs lot of effort,skills,dedication and researches to succeed or else better do gambling so luck may do the rest for your needs

[konco_kenthel]

I also try to do trading not continuously Because someone if not able to control it then the factors that arise will have a negative impact on life.Trading is actually very high risk to someone who directly must be ready to bear the loss.

[gabmen]

Yes,  even though we tried it and got the profits by doing it some of us felt that it was somehow not the right thing to do because we tend to think something that discouraged us to do this. It really depends on the perception or preference of a person whether he thinks day trading could be okay to do.

Absolutely right you are. We shouldn't discourage people who wants to day trading. Day trading is the most popular and profitable. But in this case there are need a lot of experience. Mentally prepared and risk should be needed in day trading.

day trading is a game for knowledgeable person i this community,this is not for those who just wanna make a big money instantly,the more you eager to win the more chances of losing...this daytrading needs lot of effort,skills,dedication and researches to succeed or else better do gambling so luck may do the rest for your needs

Indeed. And for me its a continous process of learning, and that includes making mistakes and losing some satoshis. Its quite different from holding because you have to play with a lot more volatile market and the amount of time you'll spend with your trades. And with the state of the market right now for example, only experienced day traders can make money out of the little jumps btc and alts make

[JLCoin]

I haven't really been involved with trading crypto, but I do look at the charts and trends for work. Based on trends, it seems to me that purchasing once a week and monitoring trends once or twice a day makes the most sense. When you notice a crypto that you own climbing significantly, that's when you should be monitoring the graphs constantly, so as to determine the best time to sell (i.e. as soon as its value starts declining). For the most part, though, from what I've seen, it usually takes a couple of weeks before a new token really starts picking up. Personally, if I were involved with this, I would go for bounties. A couple of hours of social media for a number of ICOs, with minimal risk, because the disappointing tokens will be balanced by the stronger ones, and either way you won't make a loss.

[apityeh71]

When bearish market just like now day trading could be more profitable than long term hold. So i think important to more understanding about day trading strategy to reduce the loss when any bad news .