What Does Day Trading Means?

[JohnWick_Bitcoin]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Trading means you want to earn more profit daily or monthly, you invest when the price is small and sell it again when it increases and you will get profit in that way, there are people who are using cryptocurrency on their daily needs and all they do is always trade in the market.

[purtoricopirate]

Day trading is taking a small move and be done with it by the end of the day. Aka not getting married to a position. Purely in it for the profit.

[ershovspa]

Day trading is very risky. At present, it is not suitable for for day trading, as the market has been dropping constantly for some time. I think day trading is suitable, when the market is upward trend.

It's the same. If prices are constantly going up you'll end up at one point buying something that will at the next moment hit the dip. You'll end up angry but that's the game.

[sugarpie2018]

In my opinion, think Day trading simply means conducting a complete transactions (buy and sell) within a particular day in a particular coin (S), with the aim of making enough profit by the close of the day.

It therefore requires the absolute concentrate and unique gut of the trader to (1) observe the rate of coins in the coin market, and then (2) purchase and sell a particular coin at a price to gain profit.

The risks associated with this are pretty high, hence the need to be experience at it.

[@bamaricibo]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Trading means you want to earn more profit daily or monthly, you invest when the price is small and sell it again when it increases and you will get profit in that way, there are people who are using cryptocurrency on their daily needs and all they do is always trade in the market.

But with daily trading they are extremely risky for you, maybe you will lose capital in the day or maybe you are profitable but the profit will be very little, In my opinion when deciding to invest in Crypto should Choose a long time, so it is easier to earn more and safer for us.

[goku1525]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Trading means you want to earn more profit daily or monthly, you invest when the price is small and sell it again when it increases and you will get profit in that way, there are people who are using cryptocurrency on their daily needs and all they do is always trade in the market.

But with daily trading they are extremely risky for you, maybe you will lose capital in the day or maybe you are profitable but the profit will be very little, In my opinion when deciding to invest in Crypto should Choose a long time, so it is easier to earn more and safer for us.

It, means earning quick profit day by day through good strategies and knowledge of trading. Also it includes monitoring the market from time to time but in this matter I think it's too risky and pressure for us so as you've said it is better to hodl first and wait until such time market will range higher rate to earned enormous profits.

[MaidaKalani]

What is a day trader? Day Trader is a financial market player who does not hold his trading position for more than a day. They tend to open and close trading positions on the same day, no matter what happens. Because of such trading characteristics, daily traders can be categorized as speculators.
The main goal is to pursue daily profit as much as possible with high trading frequency. In general, there are two types of Day Trader, ie institutional traders and retail traders. Both are speculators, not investors.

[Gabteb]

Its very simle you buy and sell between one day its not so easy as you must be a little prof. to do that i think as you would loss if you are very new in trading and start daily at once.

[Bitmore]

With intraday trading, you can make a profit every day and it's good. But there is an important disadvantage is very difficult to understand the price movement in just one day.

[lester04]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Basically the people who did day trading are some traders that well-experienced on trading cause they learned more strategies by trading everyday and this peoples maybe are full time crypto traders and don't have real jobs due of its hard to concurrent both crypto and outside jobs.

[ivandu]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Basically the people who did day trading are some traders that well-experienced on trading cause they learned more strategies by trading everyday and this peoples maybe are full time crypto traders and don't have real jobs due of its hard to concurrent both crypto and outside jobs.

i am not sure with that opinion.people that have regular job can do day trading too.as long as they have smartphone and internet connection they can do this.analizing chart doesnt need long time,, maybe one or two enough for them before decided open transaction.

[pidobir]

If you master the intraday trading it will be very good. I tried to trade during the day and I did not succeed. It is much easier and safer to be an investor.

[s.mahmood]

If you have a lot of experience about trading only then you can do day trading.Day trading means buy and sell same day.I think it has disadvantage than advantage. So don't take risk rather you can start long term trading and make a good profit.

[emmiebrizzie]

Day trading simply means buying and selling assets on the same day. For example i buy bitcoin at 12:00pm and sell the bitcoin i bought at 12:30pm on the same day. You must not buy asset at 12:00pm, i just used the time for illustration.

[jerry0]

Those of you who trade your altcoins for btc... do you trade it for usdt to hold the price?  Then when you buy again, you buy btc first and then buy the altcoin?  Or could you now actually buy altcoin directly with usdt or true usd?

[ylnar123]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Day trading is literally trading daily, in which you adjust you time trading where you can see a small profit from your investment. Buying and selling daily when you see the price fluctuates and predict that it would go high before you sell. That is daily trading for me.

[kimmali]

By the name itself, it literally means that you buy and sell at the same day,daily. It gains not that much profit compare to long term trading. Some investors say, that day trading needed skills for some reason, and i also agree. Day trading is way too risky, but if you have the courage, you can still choose it over long term trading.

[FUD Expert]

Daytrading is making trades quickly and of course with very small profits. But this is a very powerful type of trading for people like whales because just a single btc with a sudden and small upward movement to the price already gives them huge profits.

[magmar]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Day trading is from the word itself day which means everyday of course and then trading is the act of buying and selling coin but in a different thing because you are trading it you are exchanging it into another product. And the advantage of that is of course you get profits almost everyday why did I say almost because not all the time you are winning. Time will come you will have a loss. Then the disadvantage of that is of ciurse that is not accurate not all you trade are gonna give you profits and the second one they are cheap profits

[wedosgibas]

Yes, all trade transactions there must be a profit or loss.
If to trade in the time of day, it may be too fast, because the development of market prices is getting slower as the number of altcoin is increasing.