Crypto for Day Trading

[renchan]

I heard knowing how to effectively read candlesticks help a lot in crypto day trading. What's your take?

[Jiyens3]

I heard knowing how to effectively read candlesticks help a lot in crypto day trading. What's your take?

Cryptocurrency for trading is the right choice for short-term profits. indeed for trading, it will be very beneficial if we have a strategy that is reliable enough to generate substantial profits in the future. therefore it will be much needed for the strategy of generating a greater profit lag. so I often run trading with Cryptocurrency.

[linkHA]

First of all, most of the time, if you want to master the skills of day trading, you need to spend a lot of time learning systematically.
So most of the time, I'd recommend that you keep the token for a long time.

[batang_bitcoin]

I heard knowing how to effectively read candlesticks help a lot in crypto day trading. What's your take?

Its effective if you are good at reading the charts.

That's why many are turning to become a day trader because of the fact that they can make more than their daily living with their day jobs. But this can also be a risky thing and not all the time you can just take profits, loss can also be with along your way.

[renchan]

I heard knowing how to effectively read candlesticks help a lot in crypto day trading. What's your take?

Cryptocurrency for trading is the right choice for short-term profits. indeed for trading, it will be very beneficial if we have a strategy that is reliable enough to generate substantial profits in the future. therefore it will be much needed for the strategy of generating a greater profit lag. so I often run trading with Cryptocurrency.

I've been watching tons of videos on how I can do it right but to no avail. So far I only manage to lose 1/4 of what I initially invested (I only allocated a partial of my money for day trading. I hold a certain amount of Altcoins for long term). I guess mastering day trading requires failure.

[DrMill]

Reading candlesticks and charts is regular task in daily trading, besides other necessary skills.

I read a tip somewhere: due to this market is relatively small compared to other financial markets, one critical skill is to recognize and follow the trends created by sharks and whales (the manipulators). Maybe some veteran members here can help to share or explain more.

[xda-developer]

Day trading is the way to lose your savings. If you do not have much experience in trading, then do not trade introday. Each coin has its own trading strategy and you will be able to understand it only by trials and mistakes.

[makishart]

I heard knowing how to effectively read candlesticks help a lot in crypto day trading. What's your take?

Yes it is, if you can effectively read the candlesticks and that gives you the more chance to do a better TA analyzation. This is a short term trading and i think you don't really need FA for your daily trade. The important thing you should have able to read the candle stick properly. In fact the day trading will be depending on the volatility of the coin itself.

[stealth.money]

I heard knowing how to effectively read candlesticks help a lot in crypto day trading. What's your take?

Not at all

[mrphilippine]

Yes daily trading with cryptocurrency can be beneficial too if you know to read the charts, candlesticks and the technical side of the market. It can switch you long investment to quicker and short term quick profits. The market is very volatile so you must think thrice before venturing to daily trading because many also loss on a daily basis with daily trading.

[zhekinsp]

Don't do day trading unless you have daily job because crypto currency can give the real profits when we hold it in the long term,and trading it in the short term creates such price volatility with the crypto currencies which restrict us from being used as a real form of currency.

[xuzukami]

I heard knowing how to effectively read candlesticks help a lot in crypto day trading. What's your take?

Nowadays, there are so many people sharing on youtube, they share video tutorials that will make you better understand, I think you should find out on it will be better and learn the people around, on This forum guides you through words you will hardly imagine...

[iljamlnk]

If you have enough time, then of course this can bring a good profit. But before you need to prepare well and gain the necessary skills, since beginners often panic, taking a temporary depreciation for the disaster.

[jackflag]

I heard knowing how to effectively read candlesticks help a lot in crypto day trading. What's your take?

this is a working method if you have already experience in trading. Now it is very dangerous to trade as the market dumps. Now it is  better to trade in shorts. Reading candles is one of the main methods of good trading and its really works.

[puertorikosena]

The crypto currency market is a good place to make money. The main thing is knowledge and experience. But it is worth considering that this market is still too young and unpredictable, so you need to be careful.

[iammrash]

Day trading is pretty good enough more making profit in short time.. but careful. you need to know the market. and have enough experience to handle any panic sell. But for long term investment holding is better than day trade.

[Lakash]

I heard knowing how to effectively read candlesticks help a lot in crypto day trading. What's your take?

I read this blog and it very helpful. It really provides a lot of useful information regarding day trading.

see : https://www.investinblockchain.com/how-to-day-trade-cryptocurrency/

[Boldcom]

I heard knowing how to effectively read candlesticks help a lot in crypto day trading. What's your take?

There are a number of ways to profit from cryptocurrency, but day trading is most likely the fastest. Day trading involving speculating on the price of currencies, and then buying and selling them within the course of a day to make a profit.

[haryatiposton01]

You are right, to get good results in this business, we have to read the candelstick, market volume trends and the latest volume trend trends. We have to spend a lot of time reading and checking every changing market. Trends will help you get good results.

[btcefeyigit39]

crypto currencies offer continuous opportunities during the day to market for the investor. Daily trading for investors who know how to read graphics