Day trade is more a lucky thing or skill

[sheryl26]

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

It is both a lucky thing and a skill thing because you can never engage into the trading thing if you do not have a skill of doing it. Of course you have ypur own techniques and skills in order to gain money in that thing. But the luck comes whenever you are picking the coin that you are gonna trade because sometimes you do not have a background about those things but all you do was taking risk.

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[karavay_71]

I think it still more about luck. Of course it require a good amount of skill but it will be worth nothing if any bad/good news will hit the market.

[impulse709]

I think traders with learn enough lesson about trading could turn this into right-hand job. There not luck in crypto trading, and if someone want to earn money daily in crypto then they have prepare good knowledge.

[hawkins]

I think traders with learn enough lesson about trading could turn this into right-hand job. There not luck in crypto trading, and if someone want to earn money daily in crypto then they have prepare good knowledge.

I think in trading, we don't just depend on luck. well, it's not like gambling that sometimes requires luck, and sometimes requires skill. so we must have skills in trading. well, this is like selling something out there, without skill, you will of course get a loss.

[denisaardelean]

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

I believe that in order to be able to trade successfully, you need to have a lot of technical skills, such as good technical analysis and accuracy, combined with market information and crowd mentality so that you can deliver on the plan. translate the most accurate. Also you can see that the market is fluctuating continuously so you always have to keep track of bitcoin prices when trading.

[lamadu3]

skill is given and luck is come to those person who is waiting patiently. day trade is a combination of luck and skill. lucky for you if you have success day trade in a short period of time.

It seems to me that the situation differs a bit. LUCK is given, and skills come with the experience. I suppose that day trading (successful) is the combination of these things.

[rachelia13]

I think both are related. It is true that if we have the skills in reading graphics and also experience in trading, it is almost certain that what we will achieve can be achieved, but of course we also need a little luck to complete it. Personally I believe both are related and mutually supportive because i often experience them.

[olalaMaty]

I think the success comes from the two of you just lucky, but you need to have such skill that you have the perfect success, you need to seize the opportunity to capture the moment you can trade into most public

[yonjitsu]

Skill can give you a higher chance of earning profit from day trading and it will be a huge payday if lucky strikes in you too. So i think both are essential to have very good or huge profit.

[Tracyhev]

its not luck, its really knowing the right time to daytrade, youll get profit when you daytrade at the time when the market is in an uptrend.

[snewkadel]

Therefore, if you want to succeed in day trading, you need to have a good knowledge which can be obtained by learning. There are many courses and tutorials on the internet. With all of your efforts, I bet that you can do this

[Financial Freedom 4U]

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

you can try day trade using a little portion of your fund, lets say 10%.  and trade when you have inside information.  sometimes luck plays a factor, but in crypto, you should have insde info, like gov't announcements, project announcements, and gossips.  these have vital roles in pushing price up or pulling price down.  if others have inside info and you don't, then you're in the losing end.

Day Trading is already very difficult in established markets like the stock market. In this market it is even more difficult to do as there is no regulations and bigger players manipulate the market doing spoofing and wash trading. I would be cautious. If you want to start anyway, a good way to get familiar with TA is the moving average. Do some research.

[btcblockchain]

in cryptocurrency market we can't completely relay on day trading we should make consistent strategies in making profits in the meantime we need skill and day trade

[minhnguyenqh8395]

Do you think you're lucky all time? Lucky just lucky. Skill and knowleadge is more important. You should reseach and learn harder to survive in this crazy market. If not, your asset will gone like a wings.