how risky is day trading?

[goaldigger]

The price of the bitcoin now moves so fast and is very unpredictable. Its volatility become much faster and aggressive and people , instead of doing such very risky thing , they watch its price change and do an action once it becomes stable.

[sjefdeklerk]

I'm a professional trader on the stock exchanges and have been daytrading crypto for the last couple of days and man, it's a lot tougher than I figured. Trend reversals come out of nowhere, when charts really become bullish and about to break out BOOOM trend reversal to the downside and it just keeps tanking. Classic TA surely doesn't apply here. Not giving up just yet but man, it's tough, it seems really random ! One explanation I'm currently considering is that several parts of the worlds are trading it, when the USA goes to sleep Japan takes over and there might be a different sentiment there, caused by news articles in that region.

[Choii]

Its almost risky like gambling in the casino. And it depends whit which amount you trade. If you trade with very high amount, you can loose alot in just one second when you make a mistake!

Yes, it's like a gambling and play a roll games. And in trading is so risky if you don't know how to trade and how it work. And base on my research you can trade what you can afford to lose. But you didn't lose in trading if you don't sell your altcoin in the lower price, you just wait for the bigger price before you sell, so that you gain more profit ( but it's takes time because it's depend on altcoin that you buy before pump up. )

[FireShark89]

Trading is risky since not everything you study about goes as planned in actuality. It's even more risky if you don't study at all.

[laluna24]

Trading is risky since not everything you study about goes as planned in actuality. It's even more risky if you don't study at all.

Yes always study the market before doing day trading. In day trading it should understand thoroughly the risks management by doing it, the market is very up and down. You should monitor it by time to time if not you will encounter loses in trading.

[Adrin]

I think that, Day trading is the practice of buying and selling a stock over a short time frame, typically just a day. The goal is to earn a tiny profit on each trade and then compound those gains over time. With the rise of the online stock broker and cheap trades, day trading became a viable (albeit very risky) way for retail.

[datodota002]

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 so exhausted because we always have to monitoring the chart to know when the best entry point to buy. and when the higest price to sell. as you know bitcoin proce is very volitile know one can know what will happen.

[hacker1001101001]

Day trading is all about the luck as one can gain high value as well as low value for there bitcoin. But the most probability is of losing bitcoin and money and earn nothing. The price of the bitcoin is very fluctuating this day and this can lead and trader to a great loos.SO, I suggest that wait till the bitcoin is stable and then you can again earn a good amount of profit from trading.

[notthematrix]

It's very risky, i just loss 3 potential BTC doing that, leaving a good position to try to take it back lower, it went straight to +50%

[wayancrypto]

Day trading is very risky if you dont have any trading strategy and risk management. Before jump in to day trading for the better know and understanding the risk first. Risk of day trading can be reduce only by good trading plan.

[vinz7229]

Just don't let your emotions influence your investing desicions...

This is true, day or night doesn't matter. It's a matter of how you work on it, time to time monitoring is much better in order for you to monitor your coins. Trading could loss your profit in just a couple of minutes , so you really need to focus if you don't want to loss your profit.

[FantechG5]

I like to daily traiding. But in a few day the bitcoin is unpredictable. So I choose to hold it for a while until the price is again stable and can give a little profit. Although there is so big risk, but I prefer it because I do not have to much to hold.

[bitcoinerjawa]

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?

Daily trading is very unfavorable because daily trading could be stuck at high prices and it is not profitable, better monthly trading as it is more profitable

[madwica]

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?

Daily trading is very unfavorable because daily trading could be stuck at high prices and it is not profitable, better monthly trading as it is more profitable

Its hard to get profit in daily trading, you will become greedy traders and it will resulting loosing your capital, its hard to predict which coin will increase its value within a day, that is why it is very risky method, for me do trading and wait for the profit of every coin you buy do not set a day of selling set for the amount that you can get income.

[ChrisPop]

Because you if you have low knowledge of technical and fundamental analysis and especially if you are a newbie in the crypto-currency space you have pretty big chances to lose a major part of your btc stack. As a tip: don't do margin trading unless you are an experienced trader or you are playing with very small bankroll. 

[MattF24]

Let's just say that it is the riskiest trading style out of all all 3. The shorter the time frame, the riskier it is.

[Gringoblin67]

Let's just say that it is the riskiest trading style out of all all 3. The shorter the time frame, the riskier it is.

All types of trading is risky if you don't know what you are doing. And from the way the question was asked, I believe that the thread starter needs a bit more research to do.

[dharnamonitor]

Its almost risky like gambling in the casino. And it depends whit which amount you trade. If you trade with very high amount, you can loose alot in just one second when you make a mistake!

There are two factors affecting day trades, it was luck and skills. Some people are really good at day trading but there are also times that they lose. It would definitely be like gambling, sometime you won but will always fail

[PrinceCaspian]

Day trading is so risky because you cannot deal with the volatility of the market since the market is so aggressive since it doesn't have any permanent foundation and it can go up straight very high or opposite of that and go down hard based on the news or the emotion of the people in the market and it is better to do swing trading rather than that.

[mininglegend1234]

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?

yes it is very risky because we can get stuck in high prices and the benefits we get can not be maximal, better if trading like saving yes more profits that we can.

No doubt it is but i think it depends upon you how you deals with it. i think day trading or short trading would really be hard if you don't really know on what you are doing and the risk involve is on its volatility itself. If you are a trader and riding on the waves of price increase and decrease you would really need to have a nearly precise assumptions and basis on your buy or sell orders.