how risky is day trading?

[sudnokpok]

Day trading is more riskily then middle long trading , in day trading very hard to make analizy and predict the price because of big volatile , for middle long trading is more easy to predict price and trade.

[BingoDog]

I think that day trading is one of the most demanding forms of trading that takes a lot of knowledge and experience. And time too because you ave to be present on the market and multiple exchanges all day otherwise everything could go wrong. It's risky too and it's not for everyone, especialy not for beginers so maybe it's better to choose something else.

[RakknRoll]

I cannot say what is the exact risk about day trading. All I know is everything in this world should consider risk as a part of adventure which gives thrill or spice. Making you stronger with this hindrances.

[Tungsten-1]

Day trading is more riskily then middle long trading , in day trading very hard to make analizy and predict the price because of big volatile , for middle long trading is more easy to predict price and trade.

It is not exactly risky rather a little bit more difficult than long term trading. The level of difficulty also depend upon the digital coin one is trading in. for instance, bitcoin day trading is far more difficult than altcoin trading as bitcoin fluctuates a lot more than any altcoin out there. But if someone holds his coin for the next day then he can actually save himself from loss. A good knowledge of bitcoin nature can help in becoming successful.

[belalangsembah]

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?

Trading cryptocurrency is not simple job. There are now a lot of traders who quitted because they lose big amount of money. If you want to become successful trader, you should be brave and have courage to face all of the challenges and obstacles.

For professionals there is little risk these people do not panic selling they can control their emotions. I think daily trading is only risky for beginners due to high cypto volatility and will do panic sales when declining, it is much more advisable to just hold for these guys

[Distinctin]

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?

Trading cryptocurrency is not simple job. There are now a lot of traders who quitted because they lose big amount of money. If you want to become successful trader, you should be brave and have courage to face all of the challenges and obstacles.

For professionals there is little risk these people do not panic selling they can control their emotions. I think daily trading is only risky for beginners due to high cypto volatility and will do panic sales when declining, it is much more advisable to just hold for these guys

We do not need to be professional to learn how to control and don't panic.
The thing that we have to do is just to educate ourself and know our real purpose why we are investing in crypto, definitely there will be more
market dump but what's important is it will be able to sustain and survive in the future.

[barbaraperrine1611]

Day trading is more riskier than Delivery trading. As day trading is all about buying and selling stocks in a single day, if the trader doesn’t buy the right coin or if the coin price falls suddenly, then it obviously leads to great loss.

[ace4549]

For me it is 85% risky in day trading especially at this time where all coins are bleeding.
It pumps only once but it dumps 3-5 times. So if you don't have enough knowledge yet in day trading much better to just go in buying then holding coins in crypto sites.

[zergenyt09]

I think of trading the same way i view driving a car at 65 mph - risky - but very useful if managed properly
the secrete is finding the way to manage it properly
thank allah i found a way for someone to do it for me.

I think it is much better to do it on our own, if we know how to do trading and we have time, we can definitely earn a lot from day trading, but if we don't have those time and skills then it can be smart to ride on their boat, but we should at least try to learn to so we can see how it really goes.

No one came in this world with expertise. Everyone on this planet earth learned something in which he is now expert. So why you can do it yourself. Start trying new things and this will help you to make a good portfolio. You will be encountering with mistakes and losses, but don’t discourage yourself. Rather take every mistake as your teacher and try this trading at your own part.

[Crypto_trader87]

Day trading i think the most risky part in crypto trading specialy if you are a noob or newbie in this platform and as you ca read in this thread most trading did not advice a day trading in crypto currency since it would be very defecult to earn.

[liivii]

Daily trading is risky if you not monitor enough the coins you bought because unlike long term trading like bitcoin that you are just waiting for the price to increase anytime. But I think day trading is more profitable than bitcoin because there are many coins in the market that pump in just a day or hours only, so having it in your safe can provide you a better income. You must have the skills,  strategies and lot of luck for you to succeed in short term investment or what you called day trading, and you will surely experienced some lost but it's a more win if you master it.

[ngefek berat]

If someone does daily trading directly it can waste a lot of time so if someone is also busy working offline must be very burdened with such conditions later.Therefore,the majority of traders often rely on long-term investment to create a large income.

[cryptolet]

Some of the risk are;  improper tested strategy, lack of risk management, common broker problem like scam, technology breakdown, lack of knowledge on order placement.

[Cryptoproff]

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.

[shadyrifles]

It is risky enough to take down your investments very low if you don't do it right. Do analysis market history and project details before jumping on any coin/token. Anyhow, I won't recommend doing day trading if you are not involved in cryptocurrency world since one year. I prefer investing in any ICO or Coin/Token for long-term for easy profits.

[tikong]

Day trading is as risky as driving a car without a knowledge of driving, you might get wrecked. So you really have to be careful. Every day has so many surprises. One day the market is on the bloodbath. Another day it slowly recovers then the next day it will dump again. So I stop day-trading to avoid much more losses.

[mast3rm1nd]

Day trading is a zero sum game at best; you can't beat the game always.

[bstewart]

Day trading is a zero sum game at best; you can't beat the game always.

This is true, especially when you consider the bots that are playing the game. Better to buy low and hold, or accumulate over time.

[Distinctin]

Day trading is a zero sum game at best; you can't beat the game always.

This is true, especially when you consider the bots that are playing the game. Better to buy low and hold, or accumulate over time.

Holding is wise because you only spend a little time when investing, but make sure you set a specific target and do not be greedy because no
one wants to hold all the time without benefiting the investment they are entering.
The price is volatile here and there is a lot of pump and dump situation, just do the right timing.

[candy69]

Day-trading is very risky, so you shouldn't rush to it. At first, gain sufficient knowledge and experience then you can do day-trading.