How do I become a Crypto day trader?

[jamesbond007pro]

I think you should use your knowledge, learn more and more about crypto market to know how it works, after that you spend 10% your free money to trade, for a long time you will get more experience and you will by tools for you. Good luck to you.

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[Kevondo]

To become crypto trader i think better you should learn it by join trading cource and follow some education of trading. Before jump in to real account is important to know what should be doing during trading. By join trading cource you will get many knowledge and skill about trading, like technical and fundamental analysis and also the important thing is to know how to make management of money and risk to minimize the risk in trading activity.

You can become a good day trader if you master the trick of choosing good crypto currencies for day trading like NEO some Litecoin and ripple. You should enable your self to know the time in the market is suitable to buy and suitable to let go your portfolio. Also selling when the market is red is a bit difficult but eventually you can manage to get your hands on some money if you are having crypto with low risk and good return.

[cryptokitty]

I dont have any plans of becoming a trader. It just happened that I was forced to learn it because I need to sell the token coin I got from a longtime ago bounty. Now I use to trade my investments in ETH/USD , ETH/BTC, and BTC/USD. It is fun.

What tools are you using to manage your daily trading? Which strategies are working best?

[Pattart]

To become crypto trader i think better you should learn it by join trading cource and follow some education of trading. Before jump in to real account is important to know what should be doing during trading. By join trading cource you will get many knowledge and skill about trading, like technical and fundamental analysis and also the important thing is to know how to make management of money and risk to minimize the risk in trading activity.

You can become a good day trader if you master the trick of choosing good crypto currencies for day trading like NEO some Litecoin and ripple. You should enable your self to know the time in the market is suitable to buy and suitable to let go your portfolio. Also selling when the market is red is a bit difficult but eventually you can manage to get your hands on some money if you are having crypto with low risk and good return.

Yeah there are many things you should to have when you want to do daytrading. because in daily trading you will more often do the analysis and so forth to predict the price, looking for potential coin and so on. especially when a difficult situation such as a downtrend would require a high knowledge and many things because of the high risk. you need a lot of things to be a master on daytrade

[marketone]

I dont have any plans of becoming a trader. It just happened that I was forced to learn it because I need to sell the token coin I got from a longtime ago bounty. Now I use to trade my investments in ETH/USD , ETH/BTC, and BTC/USD. It is fun.

What tools are you using to manage your daily trading? Which strategies are working best?

Agree! Sometime it is very difficult to make profits through day trading because market situation is not accurate every time. Sometimes it is unpredictable how we move to day trading it is based on the knowledge we have it drives us to do day trading.

[yanto@1977]

What tools are you using to manage your daily trading? Which strategies are working best?

Tools you should have is only knowledge, that's it. You should know day trading is difficult than other strategy. Most people will use time frame 4H - Daily - Weeks, MA ( in & out ) & MACD ( read trend ) and leave news behind. Practice direct into real market with real money will give you experience about risk and emotion control. I suggest you use long time frame because market is slow, meaning before decides use strategy see trend first. That's my tools and guide,good luck to you. 

[baghodler123]

A lot of trades say (and its my experience too) that a strategy is only a small part of success in trading

[xenxen]

if you want to day trader theres no tools for that just only you can do is your knowledge and your skills of instincts. more patient also fucos and start for the low investment because day trade is have a high risk.

[iged_war]

if you want to day trader theres no tools for that just only you can do is your knowledge and your skills of instincts. more patient also fucos and start for the low investment because day trade is have a high risk.

using technical analisys help us to determine the best place or level to buy bitcoin or other cryptocurrency.developting our skills and knowledge give us big advantages to survive in crypto world.

[KingdomHearts]

What tools are you using to manage your daily trading? Which strategies are working best?

First thing is to raise capital after raising capital, you can then go for other things. You can then start with learning about technical analysis, but some people don’t learn this, they just jump into trading and find a technical analyst for them to be relying on.

There is nothing wrong it, but I think it s much better when you know it yourself and don’t have to rely on people to do it for you, cause sometimes they can do it wrongly, if you know it you can analyze by yourself to see if it’s right. Well, what you need to learn is just technical analysis and how trading works and which exchanger is best for you to start up with. Any other thing is just not so necessary.

[beerlover]

What tools are you using to manage your daily trading? Which strategies are working best?

Well, you asked one of the most complex questions in trading generally. There are a few decisions you should make before entering the market. It concerns the timeframe, expected daily and monthly percent and the strategy you will most likely "synchronize" yourself with. For being really successful (= consistent) in day trading you must think and live with your trading strategy - it is probably the only way to cope with fear and greed in trading.

Think and live with your trading strategy, I like that. It is necessary to know that this is a very volatile market and a little mistake can actually jeopardize one's fund is care is not taken, so it is always important to always keep that in mind, that no matter what, you are going to have a strategy which comes with learning a lot, then practice to build on that strategy and that is it as you wake up each day to make shit loads of money as much as you can from the market fluctuations.

Crypto trading itself a very risky one due to unpredictable nature of price movements. Day trading in cryptos will take those risks into extreme levels. I do see only very few people who are professionally qualified in trading making it possible with consistent profits. I have suggested most of the friends to do position trading when it comes for crypto trading.

[rainezerr401]

What tools are you using to manage your daily trading? Which strategies are working best?

You can always start to invest in the market then from there you can choose on either holding your coins or become a daily trader by monitoring the different charts in the market.

[KarinaChernyav]

In my opinion, the trade in crypto-currencies is no different from the usual trade, ie, everyday. The trader should also monitor asset price changes, monitor economic news using technical analysis or determine future price changes. The psychology of trading has long been familiar to us. But in order to become a trader, you first need to learn skills and then everything will turn out.

[Superzpay]

What tools are you using to manage your daily trading? Which strategies are working best?

Becoming a day trader is easy but there are more risk in that trading as no one know that why a coin start to increase and till how much time it will continue. It will be better that you contact to an expert trader before starting that. If anyone is a well educated and know about the altcoins then he can do some research as fast as possible at the time when the coin start to increase and when come to know the reason then they have to invest according to the situation.

[gudrun]

What tools are you using to manage your daily trading? Which strategies are working best?

You can see that today bitcoin is recovering lightly, so altcoin is also having a very strong recovery, so many altcoin are increasing sharply today, so you can completely trade At this point, you should trade short-term by day and always observe the bitcoin price to be able to handle every possible situation.

[teinblek]

Simply the target of daily traders are selling their altcoins everyday, no matter how much profit in a day even 1% profit. The strategy in day trading is don't buy altcoin only one coin, and you should be analyzed the market first, seems now like day trading is worse idea if we looking at the market activity.

[redsun114]

I think the first thing to note is the activity of the coin on the market, because it will be decisive for the future, because trading in crypto is high risk.

Trading in crypto is a high risk indeed but that is where knowledge and information comes to play as you cannot do well without those. So many people think they can just be getting lucky from trading, but there is actually more to trading than getting lucky as most of it has to do with making good use of your strategy to increase what you have which most of the time comes with some pretty crazy decisions that one has to make.

Trading becomes interesting only if you know what you are doing, otherwise, anyone without it is in for a very bad ride down the route of losing everything.

Crypto trading is something which is not possible for every one of us to do as not all of us has this much of the ability to do well when it comes to that of the crypto trading. The only reason behind this is that you must learn number of things and that too before even stepping into the world of the crypto trading and that you need to have rich amount of information to become successful in your life.

[ukboss]

If you want to crypto day trader you must have a knowledge about cryptocurrency if you don’t have any idea in cryptocurrency trading you can’t make a better result in your day trading. Holding is very easy everybody can do but day trading is very difficult so learn before start day trading otherwise you can lose your money.

[hitchcoin]

Usually, I use a Blackfolio smartphone app, and also some telegram bots, for example @ethtokenexplorer bot, to track, what are the diversity and quantity of coins on my wallets.

[luckybtccasino.com]

first, try to acquire some knowledge before trading, i saw a lot of people like you and then they just end up losing a lot of money because of it, so you need to prepare yourself