how risky is day trading?

[Bythebass]

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.

Well said! Crypto currency is just the same as gambling so if you earned a little, be contented because you might loss everything when you become greedy.

[Jerson]

if you want to always profit from trading for a bot for this but I still do not use it because high price it, but many say it's profitable and no hassle because you do not have to watch it anymore unlike the manual trade you need to focus on it

[Mercedes]

I've tried many times, but I lost my money. I think the daily trading is very dangerous because there are so many traders who buy and sell their coins in a very short time.

[Derbi Fransisco]

every business must have risks, and the risk there are 3 kinds:
1. light
2. medium
3.weight
if we want a little profit then the risk is small but if you want a lot of profits then the risk is great

[feelideb]

Trading should not be embark on if you have no to little experience in trading. Even at that, you must thread the mucky and slippery flood of cryptocurrency with caution so that you don't get burn for your lack of experience in cryptocurrency trading.

[TitanGEL]

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 reason why day trading is extremely risky is because there are altcoins that can be considered as bubble. You can easily lose your money if you pick wrong altcoins. You should really choose wise altcoin for you to generate income. 

[Saichoukyushin]

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 reason why day trading is extremely risky is because there are altcoins that can be considered as bubble. You can easily lose your money if you pick wrong altcoins. You should really choose wise altcoin for you to generate income. 

If you are trying to pic a coin for daily trading you only need a good coin in terms of having a big volume because this coins is so volatile so you can make more movements and in just a minutes or hours you can make a swing trade but this requires and recommended for the traders who have skills in this style.

[bealjulian]

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. 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

[alibaba93]

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. It's hard to get profit in daily trading, you will become greedy traders and it will result loosing your capital, its hard to predict which coin will increase its value within a day. I think day trading is only risky for beginners but it is not risky an expert person

[Miracleismyidol]

Risky enough for you to lose a bit of your investment with just one wrong move. If you aren't that patient enough to wait for the right time to sell, you might lose a lot than expected. It’s up to your thought, if you’re a person who is interested in trading, you will absolutely think that trading is a better way to get profits. When you have a trust on day trading, no matter how its risky you will spend time doing researches and training skills for controling your risks in trading

[missmaria]

It's like 100% of risk - you cannot predict anything in such conditions, market is really unpredictable now.

[marcuslong]

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 reason why day trading is extremely risky is because there are altcoins that can be considered as bubble. You can easily lose your money if you pick wrong altcoins. You should really choose wise altcoin for you to generate income.  

If you are trying to pic a coin for daily trading you only need a good coin in terms of having a big volume because this coins is so volatile so you can make more movements and in just a minutes or hours you can make a swing trade but this requires and recommended for the traders who have skills in this style.

Proper analysis and good experience is needed in order to gain good profit when you do day trades. Unlike with long term traders, most of them is monitoring the road map of the project of the coins they've been investing of because without that your decision of picking that type of coin is worthless. Volatility of the coins of cryptocurrency is clearly visible, so in terms of risk its just normal for day traders that's why I won't recommend day trading for beginners. This is good only for those investors with huge amount of buffers, which is their saved assets like the btc balances to use for buying altcoins.

[glavos]

Its pretty risky. I would say day trading is easier in bear market tho. Anyways there is a way to eliminate the risk - stop losses.

[eloymjb]

 according to my own opinion. anything in trading is too risky even if hold or day trading, but much risky the day trading because you need to be focus on the flow of the market you need to be more aggresive and have a better strategy. if you buy you need to sell it quickly. if you did not theres a chance that your buy coins being dump.

[Koro-Sensei]

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?

On a scale of 1-10 i think 9 why? Day trades can't lead you anywhere if you are not a good trader in the first place that actually earns sometime. In day trade doesn't mean you are required to earn everyday but almost give the hardest time even on experienced traders so yeah good luck if you're willing.

[aervin11]

It's very very risky because you can't predict that much price swing for a certain short period of time if you are looking for 5% profits. That is why most of the traders always say that always set a stop loss. In trading, you would win if you don't lose your money.

[JL421]

It's risky because the reward is really less if you see with day trading you can make like 50-60$ but in order to earn that you need to risk 1 bitcoin that 1 bitcoin part is why day trading is so risky if you can make that much profit witg 0.1 or even 0.3 bitcoin it is still understandable but 1 bitcoin is way too much to risk

[danherbias07]

It's very very risky because you can't predict that much price swing for a certain short period of time if you are looking for 5% profits. That is why most of the traders always say that always set a stop loss. In trading, you would win if you don't lose your money.

Yes. That is the point. You win a small amount take it. Get back whenever you feel like it is already the limit of its dip. Greed will only cost your profits to lose.

It's risky because the reward is really less if you see with day trading you can make like 50-60$ but in order to earn that you need to risk 1 bitcoin that 1 bitcoin part is why day trading is so risky if you can make that much profit witg 0.1 or even 0.3 bitcoin it is still understandable but 1 bitcoin is way too much to risk

Larger number for a larger profit that comes with a large risk. I think it is a fair rule.
There are safety measure for me. I get out whenever I felt it is enough. Thankfully, I am not that much greedy as others would be. I have seen a lot of them really lose with dips and now still waiting for it to go up.

[burner2014]

It's risky because the reward is really less if you see with day trading you can make like 50-60$ but in order to earn that you need to risk 1 bitcoin that 1 bitcoin part is why day trading is so risky if you can make that much profit witg 0.1 or even 0.3 bitcoin it is still understandable but 1 bitcoin is way too much to risk

I thought it was risky in the first place but when I've found out some of my friends doing day trading they are really making profit about it so I think it is a way of making money everyday, it is much good rather than holding for a long time, it just needs patience, strategies and of course money to invest.

[ajochems]

If you don't want huge profit from the investment, you can choose of day trading.If you want huge profit, just hold your bitcoin at the time of price crash.Now the price of bitcoin is in 7000$,we know it will change soon. So it's better to hold the bitcoin