how risky is day trading?

[vainhaver]

With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?

you mean one day trading?? if you choose it for one day you mean you trading without planning = loss your money.

it is better to trade between bitcoin and alt

[slashz9]

well indeed if viewed from the price of a bitcoin that fluctuates very high people do prefer to hold it because the risk of him I think can be very big if you do daily trading.ya but back again to the beginning if you do not do anything you will not get anything, just people who dare to take risks that can take every opportunity.

[Opekin]

With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?

The volatility of daily altcoins trading is the very risky move because in every move it may loss you a big amount of money or in a big movement a big profit but which it needs a good skills and emotions to handle because your emotion is the best enemy on trading.

[scarecrow2096]

As risky as the frontier of your knowledge about trading, if you ain't an experienced trader you will probable lose money instead of earn.
If you have no idea what to do pay for a professional coach.

[mamesso]

With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?

you mean one day trading?? if you choose it for one day you mean you trading without planning = loss your money.

it is better to trade between bitcoin and alt

Day trading means playing fast, just taking advantage of the market situation on that day and usually the 10% -20% / day trading target is enough.
the big risk is that we buy at the wrong price and the price goes down. there is no other way than to hold the coin until the price returns.

[batang_bitcoin]

How risky is day trading at the moment?

There's no certain unit of measurement on how risky day trading is. There are a lot of things to be considered when you will day trade, fees, changes, movement of price and it all depends on the altcoins you are holding. But saying that it's too risky to do day trade is only when you are lack of knowledge with it. And if you want to avoid even the smallest risk that you want to take there is other choice that you can have and that is by just holding for long term.

[Semaj123]

Day Trading is an extremely stressful and expensive full-time Job. Day traders must watch the market continuously during the day at their computer terminals. It's extremely difficult and demands great concentration to watch dozens of ticker quotes and price fluctuations to spot market trends. Day traders also have high expenses, paying their firms large amounts in commissions, for training, and for computers. Any day trader should know up front how much they need to make to cover expenses and break even.

[subSTRATA]

I think will be more risky than before because the price of Bitcoin soar, but the level of the risk can be reduce by some strategies and trading plan, so knowledge and psychology is important to minimize the risk.

i dont think there's some sort of long term strategy you can apply to day trading, it's a simple, straightforward matter of buying some after feeling out a price hike, through general trends or whatever, then selling when the margin is profitable (fees may be associated with the exchange you use, whatever). on a day to day basis, you're not going to be looking at huge margins, maybe 1% at best over a few days on one item. however, without and reliable way to predict day to day trends, you're looking at a hefty amount of risk, which is why many people involved in day trading use carefully programmed bots to automatically sell when the margin is profitable for them.

[Rodeo02]

With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?

The volatility of daily altcoins trading is the very risky move because in every move it may loss you a big amount of money or in a big movement a big profit but which it needs a good skills and emotions to handle because your emotion is the best enemy on trading.

risky specially if you really dont know what strategy that you have to do for better to have at least some strategy on how you may start in day trading cause everything will be done for with a good way of trading. and also holding what will be your emotion may practice your self first on how you stay calm and have patience for.

[herminio]

Day trading is risky if you don't have enough knowledge to it, and you have to monitor always your coins which is you like to trade because every minutes or seconds the price of the coin is increasing or decreasing.

[jassanpary]

Day trading is risky if you don't have enough knowledge to it, and you have to monitor always your coins which is you like to trade because every minutes or seconds the price of the coin is increasing or decreasing.

Volatility is the other name for day trading, a lot of fluctuations especially in the day trading so is termed as a risky job.  Day traders should continuously monitor the price variations, so that is very stressful. Sometimes may face heavy losses they should be able to overcome that,  may or may not get the profits.

[emmybd]

In this volatile market day trading is very risky. If you have got previous experience, you can still do day trading with a small amount of fund. You have to monitor chart constantly. Just buy when dips and sell when high.

[di.ako.toh]

I think day trading is much risky than we do long term trading because of bitcoins price and value now adays changes from time to time, where we should look upon closer if it increases or decreases.

[GoodLuck2]

In this volatile market day trading is very risky. If you have got previous experience, you can still do day trading with a small amount of fund. You have to monitor chart constantly. Just buy when dips and sell when high.

Day trading can only be risky if you are weak in making a better plan and above all if you are not good at controlling your nerves at hard time. Day trading is the most efficient way of making more money but for that you really need to have a very good expertise in day trading. There are number of things which you need to know before even stepping into day trading and you need to analyze the market very much carefully.

[pugman]

With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?

In the very beginning,it feels too risky to deal with,but then as time passes by,you'll feel to get a hang of it. But that is not the story for everyone,is it? Trading has its own elements,and when one goes for trading ,he needs to make sure that when one makes a loss,the other makes a profit and viceversa. One main reason for this is the timing. Time plays an important role and should be taken seriously.
Similarly,if one is afraid of making losses and losses,he either needs to man up and stop assuming or either he can just stay away from trading.
One must be wise to know what's happening around, and take decisions accordingly. In other words,he must give himself constant reality checks and keep his senses around.

[syamster]

Day trading is as risky as playing gambling! Though if you have time to learn how to interpret candlestick formations and charting, you will reduce the level of risk and you will increase your level of rewards. Day traders use 15 to 30 minutes charts which is very hard to predict price movement of assets pricing. Therefore, you should not going into it without adequate knowledge on how it works.

I don’t think so day trade is risky some time you will face a problems but it’s a part of daily trade and it can happen any time and all those who are doing day trade they did not make any complaint about it they are taking a very good profit from it and every day traders are increasing which mean trade is a best source of income and it will help you financially because bitcoin is trying to give you a right direction for earning so join trade.

[osasshem]

With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?

Day trading nowadays is not easy, cause of the heavy fluctuation in the price of bitcoin which has a serious effect of the altcoins /tokens out there to be traded. This is why there is now a long term holding of coins for profit outcome.

[KathNips]

As risky as gambling I bet but if you have enough knowledge, good analytical and a little luck then the risk decreased.

[std1391]

it could be very risky and very hight profitable as well!

[kyori]

With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?

Day trading is only risky for those beginners due to high volatility of cypto and will do panic selling when it is dropping, it is much more recommended to just hold for these guys but for professionals there is a only just a little risk these guys do not do panic selling they can control their emotions