Day trade?

[nidacoinlove]

Unstable market creates more daily trading opportunities. It is more stressful but also more profitable too.

Day trading is not an easy task everyone around knows it, but at the same time it is very much progressive if you understand the market fluctuation.
Cryptocurrency market is most of the time unstable even at times when people think of it being a stable one the coin rate fluctuates giving an opportunity of trade for the day traders.

[lushlife]

Currently I'm taking a break in day trading
since the market is still unstable,
I'm focusing on my alternative investments in
the meantime.

[ArkiCrypto]

Day trade is good for today's market, why? first of all, all of the cryptocurrencies are at red or in other words low prices and it's the chance to buy more and more however even though the market is in red the market is still continues to sway ups and downs and it's a great opportunity to do a day trading.

Low risk however low profit.

[radjie]

Day trade is good now, or is just when market is more unstable ?

the current trading volume looks more stable and very rarely increases the price even tend to the market price movement always decreases, I think at this time is not the right time to trade day, the things we need to do is hold it for a long time and do not trade in the short run

[posi]

Day trade is good now, or is just when market is more unstable ?

Day trading is good now cause the market seems to be stable but only experienced crypto currency trader with good capital can handle such type of trading now due to the crypto currency market fluctuations.

[sclmte]

day trade is better in fiat currency, set your target make your window and play in ascending and descending orders. its like if you gain your target in 1 hour its done. I MEAN IT ITS DONE.

Profit will always be there if you play it well. Trading it is not an easy job,  it needs more knowledge, strategic plan and having a smart decision. We are in high volatility market, definitely we need those things in order to survive and avoid kisses.  Giving enough time to analyze market event will be a huge help for us as a trader.

[paynercash]

Day trade is good for today's market, why? first of all, all of the cryptocurrencies are at red or in other words low prices and it's the chance to buy more and more however even though the market is in red the market is still continues to sway ups and downs and it's a great opportunity to do a day trading.

Low risk however low profit.

When the market is volatile and difficult to predict today trading is very reasonable because investors will not be held too long can lead to much loss. Therefore, stoploss and DCA are needed if needed to mitigate risk.

[denisaardelean]

I wouldn't recommend day trading right now,
I'm having a hard time analyzing the market now,
I think for the time being till the market calms down
I'll search for some alternative way to invest.

Day trading is always good earning platform and this scenario we should expect more profit. Because sudden pump and dump is occur in this scenario so we should expect more profit and many crypto hunters also buying more crypto so it is right time to buy crypto currency.

I think at this time day trading is very dangerous, you can see that bitcoin prices are constantly decreasing and with no bottom market we will be very difficult to trade successfully. So at this point it is best not to trade to reduce risk and preserve capital. Please wait for the market to stabilize to start trading.

[crypto_geeek]

Now is not the best time to trade on the crypto currency market. Wait for the end of summer or autumn, as during this period the market usually wakes up and you can make good money.

[Ayiranorea]

Day trading is good and for the same user should have good time to spare upon gaining experience as well learning more strategies that make trading more effective. Also, trading is the one that makes the highest level of earning, upon which one who is successful with trading seems to be successful with cryptocurrency.

[GirlBitcoin]

Day trade is good now, or is just when market is more unstable ?

The market at the moment is not good and it is not suitable for any investment. I think you should stop trading for a long time, wait for a good market and then invest. Because the current market is bleak and stable, we do not know how much risk there is. So the safe way to keep our money is to stop trading and take a break.

[myown2cents]

For a recent downturn in the market , I think day trading is highly recommended than holding. Holding over the last month has not been profitable since the bearish market is not going to stop anytime soon.

Yeah you are right when the price is low traders can make huge profits because the demand for bitcoin will increase. Everyone wants to hold lot of bitcoin so that he can earn big money when the price increases. In this situation day traders have the chance to make good profits. But you should be careful while buying and selling and in day base transactions.

[clairdelune]

Day Trading is very risky endeavor to get involved with. Day traders rapidly purchase and then sell stocks during the course of the day with the hope that these stocks will continue to go up in value or drop in value for the minutes (or in some cases seconds) that the traders own the stocks for. This would make it possible for them to lock in fast profits. Day traders very often buy on money that is borrowed with the goal in mind of reaping higher profits by way of leveraging. The down side to this is that they also run the risk of having to cope with higher losses.

[coffigayo]

If I think in today's trading requires too much technical analysis for the job to succeed. But this action is very difficult in these days. This is very risky for now because everything is down, but if we know how to trade and have our expertise, We will not run any risk in it.

[hannahboy]

Day trade is good now, or is just when market is more unstable ?

Bitcoin prices continued to fluctuate in July, because in early July Bitcoin prices jumped from $ 5900 to $ 6800 and today Bitcoin prices fell to $ 6391. During this time should not be trading during the day because this is too dangerous

Day trading is the most effective way of making money on daily basis. For day trading you need to have lot of experience and skills. You will have to give as much as you can because you will have to monitor the market every moment just like stock exchange market. If you cannot do these things then day trading is not for you, otherwise You will lose your money.

[Telybin]

I know many ways of technical analysis when investing. And the trading day is more profitable, but I find the day trading takes me a long time to monitor the market.

[Sadlife]

Be careful when it comes to day trading because when you make a wrong trade and the price fluctuate's you'd be force to either cut your losses or wait till the price recovers luckily for me. Ive bought coin that is popular so no need to cut losses but still im now a swing trader waiting idle for the price to recover.

[Indrawan77]

Day trade is very risky, the market is very unpredictable, but if you are very good in trading then you can make a lot money by targeting the price swing, but sometimes in bad market time the price constantly go down without any chance to go up, for me day trading is too risky and too complicated, if you are beginner then day trade is not suitable for you

[iv4n]

Be careful when it comes to day trading because when you make a wrong trade and the price fluctuate's you'd be force to either cut your losses or wait till the price recovers luckily for me. Ive bought coin that is popular so no need to cut losses but still im now a swing trader waiting idle for the price to recover.

When price falls you aren't forced to cut your losses, you can straighten your position if you have more purchasing power. You always have couple choices, what will you do depends from you, your bankroll and how much profit is enough for you.
Most of the market recover from time to time, for people it's better to wait that recovery then to cut losses and blame market for lost money. But who has patience this days, everyone or at least majority wish to get rich in no time, most of them just lose money and after losing money they understand importance of waiting.
For day trading you bees to have amount for trading and backup amount just in case if price do the opposite from your prediction. I explained many times here on forum how can you make your trades safer.

[stellgod]

Currently I'm taking a break in day trading
since the market is still unstable,
I'm focusing on my alternative investments in
the meantime.

Trading with short term coins and with long term coins both are in benefit but a fluent and continuous process with little profit is possible in short term. On the other hand huge profit is possible if we do with long term coins especially with the Bitcoin or Ethereum which will take long time to give you profit. Now a wise person will choose both trading either short term or long term because he is looking for more profit.