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Author Topic: day trading for quick profit  (Read 2262 times)
tambok
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June 28, 2018, 05:22:25 PM
 #461

Day trading is the most difficult form of trading and honestly I don’t consider even long term one as some easy job. Predicting the upcoming dip or surge itself gives a tough time.

If you deal with the day trading, you will risk much. Now, the market is not stable, and you will never guess the price of the altcoins. I suppose that the long-term trading will give you more benefits.
Day trading is a good way to have a source of income, it really helps those traders to gain more if they are doing day trading, yes for those experts of already have their strategies they can really have a quick profit by doing day trading.
sisjow
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June 28, 2018, 05:28:40 PM
 #462

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?

i think that depends on your capital, remember that on the trade if we want to get a huge profit we need to use a huge capital. $50 a day is possible if you use enough of capital, and remember also you need to careful when the choice to coin which you will invest.
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June 28, 2018, 05:59:05 PM
 #463

This is only a possibility, but for myself, I have never thought that day-to-day transactions are easy. You spend all your time trading with increasingly unpredictable volatility and control over FUDs. That would not be my choice at this point. Sad
WARlrus
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June 28, 2018, 07:22:06 PM
 #464

Day trading is always one of the best way to earn money. However, to succeed in trading, you must prepare knowledge and experience carefully before. If you are too greedy, you lose. Otherwise, if you are too afraid, you also lose

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pratik009
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June 28, 2018, 08:01:14 PM
 #465

I think it's very hard to get 50$ profit everyday and many of experienced trader are also don't earn this much. it's also not impossible to earn this much amount beacause you can earn this amount everyday but for this you also need very big investment.As we all know that the price fluctuations of cryptocurrency is very high but if we see in one day then it's very less so it's very difficult to earn profits.so i suggest you to do tarding smartly.
Aleister Crowley
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June 28, 2018, 08:16:42 PM
 #466

is it still possible to take advantage of daily trading for profit? I am not so sure associated with daily trading ,, because the downward price trend makes daily trading not the best option right now .. if that happens ,, what I rasaka is only a minimal level of profit that we can get
NorihiroName
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June 28, 2018, 11:45:53 PM
 #467

It is absolutely possible, but we should take in account risks. If you are skilled/lucky enough - you can make far more, 1000$ + a day.

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yugyug
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June 28, 2018, 11:53:04 PM
 #468

It needs a huge amount of capital if you want to make a profit of 50$ daily and let us say that the conservative daily profit is 1 to 3 percent it needs at least 50k for a start but it take a lots of guts and luck if you make a 50$ daily profit with less amount of money to invest or just 1/10 of your capital is your daily profit. Crypto is riskier for a day trading.
Cryptogid
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June 29, 2018, 01:57:31 AM
 #469

The day trading is ideal for me,I am sure of making some cool cash,but the disadvantage of it is;it requires huge capital just to make at least a 50$..
LuciferEveningStar
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June 29, 2018, 05:01:30 AM
 #470

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?

It does not matter what time you are trading because the market will pump or dump its prices depending on the season, fud can affect the market price and even good news as well so i do not think that day trading can make quick profits.
Sakash
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June 29, 2018, 06:28:08 AM
 #471

If you want to profit 50 dollars a day, you must first have a good knowledge of trade. There should be a good idea about the different coins market. And then you can get a quick profit.
rainezerr401
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June 29, 2018, 09:01:34 AM
 #472

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?

In my own opinion, there is no quick profit in cryptocurrency trading unless the market price is increasing strong just like what happened last year, i highly suggest that you should only invest on a coin that you can hold for a very long time.
bhabygrim
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June 29, 2018, 09:34:24 AM
 #473

$50 a day is a huge profit you have to do it with a huge capital to do it daily ,
And it would be really hard to get profit daily specially in the current market we couldn't really say what coin would go up and how much it would go down.

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glowing10
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June 29, 2018, 09:44:36 AM
 #474

$50 a day is a huge profit you have to do it with a huge capital to do it daily ,
And it would be really hard to get profit daily specially in the current market we couldn't really say what coin would go up and how much it would go down.

With high capital it always involve a high risk. As per current situation say you had bought at 7k and in next few days it fell below 6k so you are already started to choke up yourself if you have invested huge amount in trading some coins.
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June 29, 2018, 12:16:39 PM
 #475

if you try to make a profit with your daily trading it seems to require skill that you can help for your trading capital in order to know the right time to buy coin and sell coin.

ipbitrung01
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June 29, 2018, 02:35:40 PM
 #476

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?
Exactly, we can see that the market is fluctuating in a very unpredictable way, bitcoin prices are constantly decreasing and prices of altcoin also decreased. So I think that at this point you should only trade short-term by day and should trade the plan, the market is bearish in the long run so the bitcoin price may drop at any time, Short-term trading will minimize your risk.
Hazaki
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June 29, 2018, 06:51:04 PM
 #477

Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?
In order to make 50$ per day you'll be needing to invest a lot of time watching the charts and making quick decisions whenever the variables of the market change without knowing for sure whether the coin will grow or fall in value after you purchase it .
And you really need a huge experience in predicting and speculating what will happen to that specific coin value after making good analysis of  it's pattern and the similar coins patterns .. And we shouldn't also forget that you'll need to have an initial amount of money as your investment that maybe a little too high in order to achieve the winning mark that you set up for yourself especially in such kind of "quick trading" ..
To sum up , you'll be investing a lot of time/energy/money for a not so big profit and you might even not make it .. And just focusing on a pair such as BTC USD won't make the deal since you'll have to diversify your investments in order to be safe if some bumping and dumping happens and to cover back your losses no matter what is the crypto that got dipped .
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June 29, 2018, 06:51:35 PM
 #478

Doing daily trading for quick profits is not easy, because you have to really focus on monitoring price developments, other than that every coin does not increase in price every day, sometimes in a few days a coin decreases drastically and it will be difficult for a traders daily.
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June 29, 2018, 09:05:29 PM
 #479

Daytrading is good if you know what you are doing, otherwise you are goign to lose a bunch of money because that is the way that the whole proccess works if you are a new trader
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June 29, 2018, 09:09:47 PM
 #480

$50 a day is a huge profit you have to do it with a huge capital to do it daily ,
And it would be really hard to get profit daily specially in the current market we couldn't really say what coin would go up and how much it would go down.

With high capital it always involve a high risk. As per current situation say you had bought at 7k and in next few days it fell below 6k so you are already started to choke up yourself if you have invested huge amount in trading some coins.

Well, if you are day trading I think you are using stop losses? You want to be in and out as fast as possible, and especially if you are trading with huge amount of money. Always use stop losses and there is no need to be afraid. There is no high risk if you are willing to sacrifice only 1.5-2% of your capital. Or maybe even less... you need to know your R:R in order to be successful, money management is the most important thing in day trading IMO
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