Day Trading

[BitcoinCommodor]

Holding is a very stressing strategy. You may be rich or poor in one day. Trading is good as you can lower the risks but if you're not free then you can't now do anything at the right time

Its the other way around, trading (day trading) is stressful than holding. Imagine a day trader have to go through when he bought a coin and within a day he needs to sell it with profits based on his personal goals, and that can't be done without monitoring the price of the coin so you can decide and sell right away. Compared to holding (long term or even short term), lets not look further, just check how much BTC is 2 years ago and compare to the price today.

Day trading is good option too but most of the cases holding makes the mark. Many people here are different with different mindsets to work in bitcoin. Many have some different objectives and goals that must be followed to earn big profits. Holding helps you to keep your investment safe for long time. Every day when prices start increasing, hold till the best possible time.

[1714994841]

1714994841

[pokeronlinestatus]

Holding is a very stressing strategy. You may be rich or poor in one day. Trading is good as you can lower the risks but if you're not free then you can't now do anything at the right time

Its the other way around, trading (day trading) is stressful than holding. Imagine a day trader have to go through when he bought a coin and within a day he needs to sell it with profits based on his personal goals, and that can't be done without monitoring the price of the coin so you can decide and sell right away. Compared to holding (long term or even short term), lets not look further, just check how much BTC is 2 years ago and compare to the price today.

Both trading and holding of the crypto coins have their own advantages and disadvantages and that it is you who must make the choice after keeping all the things in your mind but you must be sure that you are making the right choice and that if you are willing to go for trading, then you must have enough of the skillset which can then help you in making some better strategy for effective earning.

[Morgann]

I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.

I highly prefer to use bitcoins for day trading because it has a very good volume and potential in the market which can be used to earn profit daily.

[jerowacik]

Just remember day trading can really be unprofitable if you don’t set goals and don’t force trades to meet those goals. And it is also very risky.

[Alam11]

Day Trade is a Full time job if u want to take Good Profit from trade You must day trading activity we need high trading volume so we get high liquidity,  and so far I really like to use Binance exchange. They has mobile app which downloaded by a million user.

[Bdstar]

I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.

Day trading is much more difficult for making a profit until you are not a lucky man, It requires taking the risk because of the uncertainty of this platform. sometimes you may gain a lot of money but some other time you may face a huge loss if you want to trade in a day. so experience and luck both required for this system. 

[omonuyak]

I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.

Day trading come with it own inherently risk and you should not putting good money in it if you did not know how it works. For you to day trade successfully you must used the good exchange like poloniex and binance in others for you to see good volumes that will direct prices.

[Abeliancoin]

I will prefer playing swing, and I also know some Quant trader will use AI for trading. So Good luck folks!
You may have a try with a very small amount

[suzanne5223]

It is gonna be entirely up to you on how would you want to push or pull your portfolio. Day trading could be nice because you get to see your profit. You can manage the risk at the same day. Pretty much being productive in your portfolio as it is like treating it like a full time job. You're gonna need a critical instincts in the TA though to get the most out of it.

With what you said I believed yo don't understand what day trading implies because it a trade start and executed within a day.. However, day trade is not good for crypto currency trader that don't know how to set aside time and cut losses withh limited orders.

[robotrobert]

Of course daily trading is way more profitable than just holding or investing but we can say also that day trading is way more difficult and complex, you need to know more things than just to hold.

Try out trading these days in which one can get benefit easily as the price movement is favorable for traders and it also took a lot of time to go high but the price is still here for our benefit and can go higher anytime. Better you start buying now as Bitcoin is available on low price which will be a benefit too if we have a large collection of it will payoff according to the collection.

[boynamnhi]

I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.

At this point I believe you should only trade the day, you can see that bitcoin prices are constantly fluctuating and rising sharply in the past time, after touching the $ 8400 level, the current time has fallen to $ 8200 level . The market is hard to predict when altcoin prices are falling sharply, I believe this time you should be in bitcoin and should not buy altcoin at this time.

[Taufik blackspade team]

It is gonna be entirely up to you on how would you want to push or pull your portfolio. Day trading could be nice because you get to see your profit. You can manage the risk at the same day. Pretty much being productive in your portfolio as it is like treating it like a full time job. You're gonna need a critical instincts in the TA though to get the most out of it.

With what you said I believed yo don't understand what day trading implies because it a trade start and executed within a day.. However, day trade is not good for crypto currency trader that don't know how to set aside time and cut losses withh limited orders.

I admit that daily trading is a bit troublesome to me. Choosing what token that we should trade is really difficult, even we might need to take a cut loss at that time. I had this thought for a long time in my mind, can we still consider day trading if we do this within 2-3 days, not in a day?

[CGPA]

Most of the crypto ex changers like Bittrex, Binance, Bitmex are make mobile app for smart phone users, which can be easily used to trade in smartphones. And it's relatively easy and comfortable to use, especially for anywhere.

[JeassonHunter]

I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.

Day trading is very risky in yourself , you need time to focus in trading, for me holding is better thaN day trading

[TheReverend]

I would suggest that if you want to trade daily, first choose an exchange with the type of coin that allows you to choose the type of coin every day, then pay attention to the daily turnover rather than the price of the coin.
it's useless if the price is high if the turnover is small, it's very difficult to get profit from it. good luck.

[Putunembah]

Most of the crypto ex changers like Bittrex, Binance, Bitmex are make mobile app for smart phone users, which can be easily used to trade in smartphones. And it's relatively easy and comfortable to use, especially for anywhere.

yes, the exchange that you mentioned might be very liked and used to trade today, and bittrex or binance exchange both have very high volume and have very fast market price movements, but for beginners who learn to trade day , I think it will be risky, and maybe they will suffer a big defeat.

[Blackrain13]

I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.

   If you have no other works then go and try to do day trading. It is really profitable rather than just holding for a long term. It is just need your time. Binance is one exchange that good to be use in doing day trading with higher market volume.

[raider150shifter]

Binance and Poloniex exchange have a decent daily
trading volume, and try focusing on BTCTC/Alts

[Putunembah]

Most of the crypto ex changers like Bittrex, Binance, Bitmex are make mobile app for smart phone users, which can be easily used to trade in smartphones. And it's relatively easy and comfortable to use, especially for anywhere.

yes, the exchange that you mentioned might be very liked and used to trade today, and bittrex or binance exchange both have very high volume and have very fast market price movements, but for beginners who learn to trade day , I think it will be risky, and maybe they will suffer a big defeat.

The possibility of getting losses from your investment in day trading is very very less that's why many people choose this way to get some income without delay and holding I also like to day trading with my little amount.

but for me to trade today is very unprofitable, and if we cannot trade day with good speculation and analysis, of course we will be difficult to get a profit, if I think by buying some altcoins that have good potential and we hold I think it will be much better.

[elpape225]

https://medium.com/@optitoken.io/hyperdeflationary-monetary-systems-why-they-should-be-owned-and-utilized-1a34bc2a7536