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Author Topic: Day trade?  (Read 2791 times)
Blackpanther399
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August 10, 2018, 05:58:23 PM
 #141

Day trading Cryptos are good if you understand technical analysis but I would suggest that, its not good to day trade now in this marker condition as things are not stable at the moment. Invest and hold is a better strategy in this market condition
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August 10, 2018, 11:17:56 PM
 #142

Day trading Cryptos are good if you understand technical analysis but I would suggest that, its not good to day trade now in this marker condition as things are not stable at the moment. Invest and hold is a better strategy in this market condition
Day trading is the best option at the present time, you can see that bitcoin prices are constantly fluctuating and refining strongly over the past few days, so to be profitable with little risk. I believe you should trade the day. The market is bearish in the long run so the bitcoin price will probably decrease at any time so when trading you must always keep track of bitcoin prices.
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August 11, 2018, 12:01:10 AM
 #143

Ihate day trading, its very risky, the best part of trading is buy at low and hodl for a long time to get massive returns.

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August 11, 2018, 07:45:45 AM
 #144

The crypto market tends to be very volatile, so a good time to do daily trading is every time. The most important thing is that market fluctuations are directed. When the crypto market is unstable it is also the right time to conduct daily trading but it is very risky. Because when the market is unstable there tends to be a price decline and is usually very long, so this is risky in my opinion but can also be done.
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August 22, 2018, 01:52:36 PM
 #145

I think there is no "day trade is good now" because trading is always unpredictable, and trading day is very risky. Only when you have enough experience, knowledge can be the day trade. Best with a newbie now is that you should start with long-term trading.
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August 22, 2018, 02:22:34 PM
 #146

In my opinion, daily trading is good in every market but we must have knowledge and experience before exchanging. Those who have a lot of capital already know how to trade every day and will be successful.
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August 22, 2018, 02:22:57 PM
 #147

I think there is no "day trade is good now" because trading is always unpredictable, and trading day is very risky. Only when you have enough experience, knowledge can be the day trade. Best with a newbie now is that you should start with long-term trading.
Long-term investment can be very risky but if you have good knowledge and keep up with all the new news every day, you can determine the price to sell in the near future. Individuals often choose to invest day because it can help me earn a very quick profit and if there are signs of a discount I will sell immediately because this market is very risky in this period.


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August 22, 2018, 02:40:59 PM
 #148

If you're new trader, me and many others would not recommend daytrading to start with. Everything in the lower timeframes offer you less data to work on, and as a beginner you're easily fooled by that data. Longer the timeframe = more reliable the data.

Once you're more confortable on the longer timeframes, work your way down from there. Learning trading is not a sprint. Take your time and learn everything properly.
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August 28, 2018, 09:24:04 AM
 #149

I have never been involved in trading on a day to day basis, as we are likely to lose money when the market is down, so I always choose to trade in the long run. They will bring me more profit.

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August 28, 2018, 09:27:25 AM
Last edit: August 28, 2018, 09:44:12 AM by jujurloe
 #150

if you are a true trader all day is good, this is seen in how we see and analyze the market to maximize profits. I also have to be like that to get a better life. the key is patient, thorough and continues to learn
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August 29, 2018, 03:27:25 PM
 #151

i don't believe that is the time trade is better. it's hard to realize but i can say day time trade is not a good option.
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August 29, 2018, 05:42:09 PM
 #152

actually now is the right time to hold because the btc value is currently very low, but some people do day trading so they can get a continuous profit, in my opinion both are good to do now, but i still prefer holding
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August 29, 2018, 05:45:46 PM
 #153

Day trading has always been good, bear markets don't have any effect on that other than the amount of going Short increases. The price can go up or down and it's all good but sideways movement, that's what makes it harder.
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August 29, 2018, 05:47:24 PM
 #154

Bullish bullish bullish
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August 29, 2018, 08:52:00 PM
 #155

Day trading Cryptos are good if you understand technical analysis but I would suggest that, its not good to day trade now in this marker condition as things are not stable at the moment. Invest and hold is a better strategy in this market condition
Day trading is the best option at the present time, you can see that bitcoin prices are constantly fluctuating and refining strongly over the past few days, so to be profitable with little risk. I believe you should trade the day. The market is bearish in the long run so the bitcoin price will probably decrease at any time so when trading you must always keep track of bitcoin prices.

I agree, the volatility is so high that some call 2018 the year of volatility, that makes it ideal for trading. But still many people get burned as daytrading requires a ton of knowledge and experience. Picking a soli project and ride the bear out is way easier.
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August 29, 2018, 10:03:21 PM
 #156

actually now is the right time to hold because the btc value is currently very low, but some people do day trading so they can get a continuous profit, in my opinion both are good to do now, but i still prefer holding
Yes.Holding for a long time might still give us sure profit but in a long term.Some would still do day trading but i believe it is more risky and stressful and requires more skills so you would end up gaining profit.But if you're really a good trader,whether the price is up or down,you can still gain profit in short term or long term trading.

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August 29, 2018, 10:49:27 PM
 #157

actually now is the right time to hold because the btc value is currently very low, but some people do day trading so they can get a continuous profit, in my opinion both are good to do now, but i still prefer holding
Yes.Holding for a long time might still give us sure profit but in a long term.Some would still do day trading but i believe it is more risky and stressful and requires more skills so you would end up gaining profit.But if you're really a good trader,whether the price is up or down,you can still gain profit in short term or long term trading.

A good trader can make money on the way up or down, I agree. Trading is a game of probabilities, there are lot's of tools that help you to judge whether an asset will most likely go up or down in the near term. if it goes down you look at previous resistance levels, fibonacci retracement or bollinger bands. These can help you to make a case regarding the highest probability whether an asset is likely to go further down or stabilise. It can be years to become a really good trader though. Most people loose more than they gain.
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August 29, 2018, 11:02:35 PM
 #158

Right now is a great time to start day trading!

Obviously - don't risk more than 1-2% of your portfolio per trade. That doesn't mean trade with only 1-2% of your portfolio, that means don't allow any wrong trades cost you more than 1-2%.

I found a discord group that is super helpful when it comes to learning how to day trade, and they're willing to chip in their own opinions when it comes to long term trades as well.

Free to join, check it out! Voodoo Crypto

Check out the fastest growing Facebook community for crypto traders!
--- www.facebook.com/groups/TheArtofCrypto ---
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August 29, 2018, 11:37:17 PM
 #159

actually now is the right time to hold because the btc value is currently very low, but some people do day trading so they can get a continuous profit, in my opinion both are good to do now, but i still prefer holding
That's what we traders are aiming for,  continuous profit will give us courage and do business everyday. We don't want to loss any precious time just keep on waiting and holding. Every single day counts and losses will add if we don't take a move and risk, there we cab find success in our life.



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August 30, 2018, 12:16:38 AM
 #160

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

I know I'm just some random person on the internet, but trust me - there is tones of money to be made trading crypto. If you're looking for resources, lots of folks on this forum have given great suggestions. I would put forth an additional, slightly different, kind of resource: a group of traders to bounce ideas off.

One of the cool things with crypto is that the folks in the crypto space are generally pretty technologically savvy, which leads to some pretty cool opportunities.

I found a discord group that is super helpful when it comes to learning how to day trade, and I've seen tremendous success with them.

Check it out! Voodoo Crypto

Check out the fastest growing Facebook community for crypto traders!
--- www.facebook.com/groups/TheArtofCrypto ---
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