Day Trading

[Sword555]

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.

[deus030518]

Day trading is speculation in securities, specifically buying and selling financial instruments within the same trading day. Strictly, day trading is trading only within a day, such that all positions are closed before the market closes for the trading day. Day trading is also too risky because you need to monitor the price in the market from time to time. If you do not know how to trade then trading is not for you. You will just lose what you invest if you do not know how to trade properly. But if you know how to trade then you can do trading.

[zanjerbits]

top exchanges like bittrex, binance, okex are good platform and very fit to android phone.

[canadinhano]

If trading day, the risk is quite high for you, do not choose the transaction day choose the transaction for a long time. So safe and high income will come to you.

[ajqjjj]

In Crypto platform trading is the main resource of most of the investors so it is really good earning platform. Still many traders are loose the investment in day trading because it is risky investment and I don't recommend for beginners. But majority of the day traders are earn more profit so experienced persons are survive in long term.

[xitrum]

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 time, I believe you should only trade the day to make a profit less risky. You can see that the market is in a bear market for long term and bitcoin prices are starting to fall to $ 7,700. According to my analysis, altcoin prices will fall sharply and bitcoin prices will probably fall back to $ 6800 then rebound so you have a specific trade plan and always track bitcoin prices when trading. .

[Arshe26]

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.

Daytrading is not really profitabe at this rate. Much better to be prepare before working on the spot. Gather all trading information and study them.

About the platform , you can try Binance or Kucoin since you are looking for an android friendly app.

[Minh Phat]

Yes, I think keeping a token will loss money more than day trading.
In my opinionbitcoin best coin for day trading.

[Slow death]

I want to try daytrading because as I see, just buying something and holding is not profitable anymore.

So how to buy and hold is not more profitable? If you buy and want to insure, you must be willing to insure for at least more than 1 year or even hold for 2 years. daytrade is also very risky and you will not always make a profit. Besides you have to have a lot of technical knowledge to be able to do day trade.

I plan to begin with a very small amount at first for practice and then increase with time.

This is a good method to learn.

Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.

use binance

https://www.binance.com/clientDownloads.html

[uszaty43]

Take in consideration that if you do not even know how to trade properly, you are going to be losing a bunch of money and it is more than true. Be aware of being too much anxious while you are day-trading.

[Maxpips]

If you're thinking about day trading make sure you do two things......

1. Only trade Bitcoin - because it has the highest liquidity, so the transaction costs (which are going to be you're biggest enemy day trading) will be low, at least much lower than what they are on other Crypto's and Altcoins.

2. Always use a stop loss.

[Turkiwi]

please don't day trade. There have been many before you and all of them got rekt. It's really a shame that people come in to make money and leave without any. Just hold long term and you'll be just fine

[jmaresca]

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.

Binance is the best Crypto trading platform.

[nelsledma]

In my point of view is bitcoin best coin for day trading and best site is probably bitmex.

Everyone in this world has his own way of looking up at the things and then making the decision according to the things which seems more suitable to him but I will never suggest you to invest your money into bitcoin and that too for the sake of day trading. Day trading is the trickiest thing to do and that you cannot do it efficiently until and unless you don't choose the right strategy along with the right choice of the coin.

[karungbitcoin]

At the moment chooce pair BTC/USDT for day trading is good moment because from the chart the price in strong bullish and ready to make other bullish candle, and for the trading platform there are alot of good exchanges in the market, like Binance which become the most popular one.

[mobnepal]

Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.

Coins : always day trade with top coins which have enough daily trading volume so that you can easily get in and out with profit.
Platform : You can try exchanges like binance and bittrex which have millions of dollar worth of trading volume

Android app is not good for trading use desktops/big screens. Also many trading platform don't offer android app but all of them have mobile version of their user interface for small screens which is as good as mobile app.

Binance have their mobile app on play store https://play.google.com/store/apps/details?id=com.binance.dev
However, I have never tried them.

[gamalzour]

people day day trading is quite a risk, but what's wrong with trying and running it ,, i suggest big market and big volumes like hitbtc, poloniex bitrex binance and others, and you can start with wide coin like bt ltc doge eth trx and other ,, you must be ready to win and lose because it is your choice ,, good luck

Well this really depend on person to person. If you have got some extra strength that can help you to manage extra stress, day trading is best for you. Although it is little bit hard and need your whole day but still the profit can be of maximum ratio that is able to be obtained. Mostly people don’t opt it just for the reason that they are afraid of losing money they have traded.

[ufaiz50]

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.

Every paltform exchanger support mobile, I think what you need is a platform exchanger that has a large volume in each coin, in order to change the price quickly, I think this thing should be done because we take profits of the movement of crypto every minute.

[BlueStackz]

It is all about the risks and rewards. If you buy bitcoin right now and hold it until you are retired than you can have a lot of money with you, thats the same for alt coins as well. Yet if you daily trade, you can lose all your money if you are emotional and have trouble holding a coin etc, if you select badly and what not. So one way you are going to be well off in the future, in the other you are going to either make that much money in a month with good daily trading or lose everything. It is all about the risk and the reward.

[pumbum]

I propose to create a separate account, for example Binance, in order to provide API access from applications from the phone, for example Tabtrader. I propose to start with the top coins, and then go down to the more unknown coins. Do not use credit, as it affects your ability to assess the real situation in the market