cuprice
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June 25, 2018, 08:48:35 AM |
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From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile? Over the last couple of months, things seem to be moving rather slowly?
I'm new to this technology but as per my observation it's not good to do day trading during a bearish market trend as you will lose your money with the price downfall. Better to hold for this time and buy at the dip.
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max65
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June 25, 2018, 09:22:59 AM |
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From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile? Over the last couple of months, things seem to be moving rather slowly?
Yes it true that daily trading was involved high and low that is whay you always monitor the token price.We can invest depending on how much money you have excess.
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X-ray
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June 25, 2018, 12:33:07 PM |
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From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile? Over the last couple of months, things seem to be moving rather slowly?
You can invest with any sumof money, the question is how much you want to earn. If 10% per 5-10 days is okay for you, it is not hard to make such amount of money in crypto. Are you dumb? Holyshit about that the real problem is no how much you can earn but how far you can get the bottom of crypto price. If you can get the bottom and then it will be automatically give you a huge profit in the future. Daytrading is too risky especially in the bearish market.
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CrazeCoinz
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June 25, 2018, 01:00:27 PM |
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From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile? Over the last couple of months, things seem to be moving rather slowly?
Day trading does not mean that you need to move in and out quickly as you need to consider to be profitable in every moves. If you think it's not good to sell today then you may opt to wait for tomorrow. It's not logical to move in and out with a losing end. Besides you can decide what you want.
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BlackPanda
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June 25, 2018, 01:03:03 PM |
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From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile? Over the last couple of months, things seem to be moving rather slowly?
You can invest with any sumof money, the question is how much you want to earn. If 10% per 5-10 days is okay for you, it is not hard to make such amount of money in crypto. Are you dumb? Holyshit about that the real problem is no how much you can earn but how far you can get the bottom of crypto price. If you can get the bottom and then it will be automatically give you a huge profit in the future. Daytrading is too risky especially in the bearish market. Your word is not right, I'm sure every strategy must have advantages and weaknesses. You can not insist that a strategy is very good and bad. All things that happen should be in accordance with the situation and conditions that exist. Without looking at the situation then we can not get anything, Trading is a job that requires thoroughness because we are required to do the analysis in every decision we choose.
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MountainConqueror
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June 25, 2018, 01:39:23 PM |
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I doubt today is a good day for daily trading, the prices are going down and it seems to stay that way for some time
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Bowtiesarecool
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June 25, 2018, 02:21:13 PM |
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I doubt today is a good day for daily trading, the prices are going down and it seems to stay that way for some time
Not all are down. There's still a few green especially among none top 100 cryptos. Smart money is moving into those cryptos for quick flips. the trouble is finding them
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liuqi
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June 25, 2018, 03:35:02 PM |
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I doubt today is a good day for daily trading, the prices are going down and it seems to stay that way for some time
Not all are down. There's still a few green especially among none top 100 cryptos. Smart money is moving into those cryptos for quick flips. the trouble is finding them The current market is green so day trading is good for this scenario. But yesterday only it was going big dump again today it will reach 6k USD and currently it is 6.3k USD so day traders are earn more profit. My suggestion is day traders are already experience in many dips so they know how to choose the right platform.
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Mohondoa
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June 25, 2018, 03:59:04 PM |
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Actually honest if the day trading is very risky with lost a lot of money, because you must have experience a lot of trading. Whether it's about the coin we are trading also about the movement in the market. But for now, it is better to buy and hold it for a while some coins because the price is down. If for the day trading process, i think not so good, because the market trend is down.
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horrifiedx1
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June 25, 2018, 04:08:56 PM |
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I doubt today is a good day for daily trading, the prices are going down and it seems to stay that way for some time
Not all are down. There's still a few green especially among none top 100 cryptos. Smart money is moving into those cryptos for quick flips. the trouble is finding them The current market is green so day trading is good for this scenario. But yesterday only it was going big dump again today it will reach 6k USD and currently it is 6.3k USD so day traders are earn more profit. My suggestion is day traders are already experience in many dips so they know how to choose the right platform. it takes a good analysis for a daily trader. they prefer if the market has a large volatility, because the opportunity to get a bigger profit. because misunderstanding means floating occurs
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eagleman
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June 25, 2018, 04:11:21 PM |
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To gain much with day trading you need to have bigger capital too.
It's not only about moving out off your money on exchanges because you can let your funds stay there by converting it to some stable coins like Tether.
There's no definite amount on how much you need, you can experiment on your own start with few bucks $50 but don't expect big gains.
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Dpat
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June 25, 2018, 04:15:03 PM |
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Day trading is very risky when you are playing in the basically crypto market. But, while you are doing day trading in this bear market there is more risky. So, trade cautiously and just make a entry and exit with minimum profit at first attempt.
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UnterKleinemBaum
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June 26, 2018, 10:22:05 AM |
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To gain much with day trading you need to have bigger capital too.
It's not only about moving out off your money on exchanges because you can let your funds stay there by converting it to some stable coins like Tether.
There's no definite amount on how much you need, you can experiment on your own start with few bucks $50 but don't expect big gains.
Totally agree with you mate. People should invest a small amount of money before investing big ones. Buy cheap coins, for example, DGB and day trade with it.
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badykvik
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June 26, 2018, 12:50:18 PM |
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I think to do day trading,you need to have a very good knowledge and experience of it before you start participating in it for you not to make total loss. It is not only about the money but also experience.
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angel55
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June 26, 2018, 01:32:30 PM |
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Day trading is a risky game and it's more like gambling. This market is like a roller coaster you can't predict In my view, It's better off to just hold for a long time frame instead of trying to be a pro trader and get burned. Maybe I'm a bit jealous of good traders but I've gotten burned badly trying to do this.
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eagleman
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June 26, 2018, 05:59:01 PM |
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To gain much with day trading you need to have bigger capital too.
It's not only about moving out off your money on exchanges because you can let your funds stay there by converting it to some stable coins like Tether.
There's no definite amount on how much you need, you can experiment on your own start with few bucks $50 but don't expect big gains.
Totally agree with you mate. People should invest a small amount of money before investing big ones. Buy cheap coins, for example, DGB and day trade with it. They can with small amounts as capital but I'm not encouraging them stay with it as they gain experience.
Learning with the fundamentals of day trading will also give you more confidence that you are ready to take more risk in the future.
In that way, you can start investing more but just do it gradually.
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cryptomining
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June 26, 2018, 06:00:03 PM |
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It is necessary to observe the market very well. But in these circumstances daily trading is very risky.
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AUruHM
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June 26, 2018, 06:05:15 PM |
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Day trading means that we should close all orders due to today. If we can't it will be swing trading. Day trade has some features for trading. We should plan our orders for quick profit without delay. Else we froze our funds in the orders and it can be fatal
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Alex077
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June 26, 2018, 06:12:46 PM |
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From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile? Over the last couple of months, things seem to be moving rather slowly?
The market doesn't look slow, it just declines. It has the volatility that can allow you to earn on day trading, even on a drop, but you need to have a very huge work experience, at least two or three years, and it's better to invest for a long time for inexperienced traders.
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X-ray
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July 01, 2018, 11:39:29 PM |
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To gain much with day trading you need to have bigger capital too.
It's not only about moving out off your money on exchanges because you can let your funds stay there by converting it to some stable coins like Tether.
There's no definite amount on how much you need, you can experiment on your own start with few bucks $50 but don't expect big gains.
Totally agree with you mate. People should invest a small amount of money before investing big ones. Buy cheap coins, for example, DGB and day trade with it. There is a bunch of promising coin but it's still very low on the marketcapitalization. More capital and more profit, less capital and less profit. The result of how many profit you will earn from your daytrading depends on your initial amount before starting your trade. I guess you need only to invest in those coins which have a lot of volatility.
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