how risky is day trading?

[lvincent]

Daily trading is very risky altough holding bitcoin for a long term is very risky too, but for me it is much better to do daily trading cause you'll really learn a lot from it unlike just holding your bitcoin for a long term there still no assurance that you'll profit from it and you will not learn a thing cause you're not doing anything. In daily trading for me everything is an adventure that is both exciting and alarming.

[HalatSpry]

I think even experts don't win everytime with day trading... I wouldn't dare try it since I'm just a newbie and what I am looking into is weekly trading.

[BobBct]

Day trading is risky you have a higher chance of loosing rather than earning, in fact you only have 10% chance for a win and a 90% loose per trade so it's risky to trade but it's worth it.

[logan16j]

Trading is actually about your plan or strategy involve on how you will lessen that risk and at the same time maximize your reward. There are calculated risk where the odds are on your side. I first thought that taking risks is enough, but I learned it the hard way as some risk are really not meant to be taken resulting me to lose my hard earned cash. Day trading is really risky but If  a person knows what he is doing then I think it can really give the trader a good amount of profit in a very short time

[elston6x]

If he is willing to take a little risk then surely great results are coming along the way. If you don’t take much risk, believe me you wouldn’t be getting any better profit for you’re trading or investment. So better is to learn well and then have some guts for taking better risks for better results. It's not about the person who can stomach the risk of losing in trading because you might take risks in your trades but sometimes that risk is really not worth it

[rapperug92]

There are many variables to consider when we are trading digital currencies because if you are trading coins pegged to Bitcoin and the Bitcoin price has some sharp falls or gains, then your price predictions for a specific currency and your chart reading may not be accurate and you could lose or win big. We can only try our best to minimize risks and set certain parameters for buying and selling, along with having a calm mind and also being patient

[jelbert1351]

Its not that risky. It is potentially a way of growing more your bitcoins. Like if you will be selling them at the height and then going back to cheaper price, thats a very good deal. Just like when it reaches 20000 USD but now it is on at the average price of 11000 to 12000 at most and i believe it will rise up again so buy now because there are blood on the streets.

[akram143]

In my opinion, day trading doesn't have that much gain especially for those who are not willing to make risky moves... I would rather go for position trading....

Trading is one of the toughest business in bitcoin in sometimes you missed your correct time it will give you a huge loss but if you clear with trading tricks and trading process you will earn and make a good earnings in trading with bitcoin .

[dvillier]

day exchanging is great yet you have to concentrate on the grounds that the cost of coins or token changes significantly and you will acquire at any rate in the same class as that on the off chance that you know the technique and developments of token or coins that hold you to feel great when you procure even shy of short exchange.

[Findingnemo]

In my opinion, day trading doesn't have that much gain especially for those who are not willing to make risky moves... I would rather go for position trading....

Yes day trading is not give you more profits the best way to get more profits is holding . Holding the bitcoin for highest possible values is the best way to earn more so holding is profitable than day trading

[Peter8226]

You have to have enough time and money (and money management also) for the day trade to limit risky.

[Jackblack90909]

It is so risky if you dont study carefully the market, and the coins / tokens you re going to trade. Also starting with this domain need good knowledge and experience, otherwise you can easily losing your hard earned money especially if you are trading with big amounts.

[pragna]

Trading is much risky always but if you trade with understanding you will be a gainer. On the other hand you have to strong in mind to invest. You have money, you also know about trading but you mind is narrow, you can not trade. So many of men are not in trading.

[Biscutard]

Too risky if you don't know how to manage it correctly that's why you have to learn more by investing more of your time with a less money involved. The more you learn the more you will be able to handle things easily so don't be afraid to ask a critical questions it will help you a lot in times of crisis.

[MCVXYZ]

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?

Its depend on you,I always try to make decisions based on fundamental analisys.The most important thing is Assessment of the situation and Event predictions&Consistent estimation..If you make decisions based on(:1) Financial factors
2) Economical factors; (International economic indicators,International Stock Index,; Information and their influence)
3) Political factors; Political stability is an important precondition for strengthening the bitcoin price. (speculation)
4) Negative media news (Influence)
5) ''Invisible Hand'') there will not be hight risk,despite the fact  there are factors wich we can't  predict and to determine,but we can mitigate
the risk.  

[rhodelmabanal]

Day trading are really risky,  there is a hundred of traders that transact every day.  It seems that we can't avoid huge internet traffic that could result to delay.  I better trade in a dawn because it is a time that our network is not busy and it could tell me how fast is the connection is. This could only takes one to two hours. But if you day trade there is a chance that you will take several days.

[Lupus Solitarius]

It's a meaningless question, because it's the same as to ask "how risky is to drive a car".

If you are an experienced driver and you put your attention on driving, usually it's very safe (even if an accident is always possible)
If you don't know how to drive, or you drive in a senseless way, the chance you will crash somewhere become very high.

In trading it's the same: there are plenty of people that make a good life only with trading, and the risk it's acceptable.
But if you take trading as gamble, you can bet (!) that the results will be the same as in Vegas.

[cryptocurrienzi]

Better hold your coins for now because the market is not stable. Volatility is too high.Day trading is very risky for now.

[creeps]

It is so risky if you dont study carefully the market, and the coins / tokens you re going to trade. Also starting with this domain need good knowledge and experience, otherwise you can easily losing your hard earned money especially if you are trading with big amounts.

If you can't find time to learn more about the market then better not to do day trading because the risk of is very high compare when you trade with a specific target price over time. Trading is really not just making money easily, its about how you analyze the market. Make time to learn, and money will come for sure.

[coinscircle]

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?

I believe that today the market will have slight fluctuations, you need to calmly monitor the market. You go to https://coinmarketcap.com/ for more fluctuations to happen, I see everything is having a good signal you can be confident of trading right now. When the market declines, consider and stop immediately.