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Author Topic: Day trading and heavy manipulation  (Read 1814 times)
noormcs5
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September 14, 2018, 04:00:44 PM
 #101

The bad and strange thing is that crypto currency moves with the news and even the false news has a big impact on the price of bitcoins and altcoins. That's the reason why Technical analysis and fundamental analysis fails most of the time and bitcoin moves in opposite direction mostly depended on news.

Day trading is good if crypto follows the TA but actually there is a lot of manipulation in the market with Fud and hence most of the time it is difficult to make profit from day trading.

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September 14, 2018, 04:18:12 PM
 #102

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September 15, 2018, 09:50:56 AM
 #103

Yes indeed. Currently, the market is unpredictable as much as possible. I also think that there are market manipulations so that most traders panicked and sold their coins. In general, trading is the flow of money from the pockets of some players into the pockets of others.
At a point, I always feel so many people tend to use the manipulation thing that goes on in a market as their excuse for not knowing how to trade the market properly.

As long as people started realizing that this is a market and shits can happen and learn to understand that there is no way you can always get it right 100% without having to stop loss at some point based on the market moving contrary to where you anticipated, then the more they will start making profit and have less worries about the market manipulation.

Whether market is manipulated or not, people still make profit from it and as long as you are not knowledgeable enough to achieve that, then you will always be a victim of manipulations.
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September 17, 2018, 01:38:00 PM
 #104

Now, if trading day by day, it would be difficult for us to make a profit from them, so I think you should continue to hold your coin, maybe the market will soon recover at the end. this year
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September 17, 2018, 02:02:30 PM
 #105

I don't know how traders do day trading, because there is really no logic, you probably buy when it goes lower and sell at higher but you can't do that in day trading.
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