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Author Topic: Day Trading  (Read 688 times)
tornikejr (OP)
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July 17, 2018, 07:40:37 AM
 #1

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.

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July 17, 2018, 08:05:46 AM
 #2

Many exchanges out there, and It's better to use trading platform that has stop limit or trigger order, this function is very important in trading and we should be use it to minimize the risk,  good trading platform /exchange that has this function is Binance, Bittrex,  Bitmex. All these exchanges has mobile app/ mobile version, and for Bitmex you can make profit by long and short with option margin level.

Covano
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July 17, 2018, 08:11:44 AM
 #3

In my point of view is bitcoin best coin for day trading and best site is probably bitmex.
chamika888
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July 17, 2018, 09:46:40 AM
 #4

Day trading is certainly not for everyone. Day trading is a risky strategy, which is why I myself don't even do it with my whole portfolio. If you are successful however, it can unlock great rewards.
logan16j
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July 17, 2018, 09:54:02 AM
 #5

In my point of view is bitcoin best coin for day trading and best site is probably bitmex.
It can be seen that trading is the best choice at the present time, bitcoin and altcoin prices are constantly increasing and today is a very good day for you to trade altcoin. You can see that bitcoin prices are recovering very strongly over the past few days and are now reaching $ 6700 and are still rising slightly.

You can trade altcoin without worrying that the bitcoin price will decrease in the coming days.
RAMSHIVDEEPAK
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July 17, 2018, 09:58:36 AM
 #6

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 want to do day trading ,then you can use BITFINEX. It has very good aneroid application ,which are very user friendly. I am using this application.

Second you can use Binance APP, it has more altcoins then Bitfinex.
mahibul49
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July 17, 2018, 10:04:21 AM
 #7

day trading is good if you have enough knowledge about trading and signal or other wise you will lose your money in day trading.
i do day trading sometimes and binance is really good for day trading right now.

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July 17, 2018, 10:14:51 AM
 #8

There is a quite strong case against day trading (losing fees, hard to time bottoms and tops, emotions,...). There are alternatives to that like for example professional crypto management funds.
joelcruzcrypto3
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July 17, 2018, 01:06:24 PM
 #9

Day trading is better if you have a knowledge in trading. But be careful because  day trading is so risky and dangerous but its your choice to try day trading. I suggested to do a day trading in binance.com goodluck to you and if you're earning profit in day trading just continue it.
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July 17, 2018, 02:15:58 PM
 #10

For some people day-trading is a lucky thing, but there is a lot of experience required to be successful in day-trading, as luck wouldn't favor your every time. Experienced is the key factor.
maninas
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July 17, 2018, 02:21:03 PM
 #11

my advice day trade is better done on pc or laptop so can more easily analyze using TA
day trade is the most important discipline in the target profit and los, stay calm and patient
Kamal Zenda
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July 17, 2018, 03:40:56 PM
 #12

my advice day trade is better done on pc or laptop so can more easily analyze using TA
day trade is the most important discipline in the target profit and los, stay calm and patient
Day trading is a full time job, but it can be good to move some of your portfolio around at opportune times. all you need is analyse the market daily.
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July 17, 2018, 06:39:00 PM
 #13

Day trading is good but risky, just buying and holding is still very profitable but you have to hold a good coin which is harder to pick now.

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July 18, 2018, 12:58:27 AM
 #14

I only tried bitmex with margin trading..some issues with the servers..but overall it's ok..i made some profits and some losses from trading..Right now I don't trade because it requires a lot of free time to spend on charts, and currently I don't have this free time.
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July 18, 2018, 01:06:45 AM
 #15

For 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. Other second option is gate.io, this exchange also has mobile app,  and listed more coin. Both is trusted and legit exchange with good customer support.

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July 18, 2018, 01:23:37 AM
Last edit: July 19, 2018, 03:26:52 AM by PX-Z
 #16

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 think it could be so difficult for you to start day trading in your situation, if i were you, you should focus first on researching and studying about short term investment (day trading) before you start on it. Because it really takes so much risk if you are lack of knowledge on it, and it leads you to lose a lot of money instead of earning.

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LovelyFLOWER
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July 18, 2018, 01:54:16 AM
 #17

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 this is the onlyway now toearn money to supply daily needs at home.I really thank God for given my daughter a half million token to my daughter which givOKng us niw fir our foods.So l think day trading is a very good job for profit.
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July 18, 2018, 02:05:39 AM
 #18

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 think it could be so difficult for you to start day trading in your situation, if i were you, you should focus first on researching and studying about short term investment (day trading) before you start on it. Because it really takes so much risk, if you are lack of knowledge on it, and it leads you to lose a lot of money instead of earning.
If you have no proper research at first, trading using long terms can be better in order for us to learn slowly but surely.  We need to adopt the sytem step by step before learning deeper. Because if you gamble or risk yourself trading using day trades, it can be so tough and yet the involved is your personal expenses which doesn't have the assurance to prosper due to lack of experience.

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dadabosade67
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July 18, 2018, 02:53:17 AM
 #19

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
nydiacaskey01
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July 18, 2018, 03:07:26 AM
 #20

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.
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