indayburakday012 (OP)
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August 11, 2018, 01:27:45 PM |
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Now that market seems always falling down these will prevent day traders to day trade crypto which relatively most of the money from the investors will going to end up day trading with some of the individuals who were always looking after at the graph of crypto market price movement. Now I think they should better be gone. Without these day traders market price could go a good increase all the way. I hope they will not come back.
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danherbias07
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August 11, 2018, 01:31:32 PM |
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Still that wont be called as Hodlers. They will just keep on buying now to pump the price of one crypto and then sell back with a little profit. That is still trading. It wont be stopped plus some have bots that will now whenever they are already losing. They can just stop it and then buy all the profit that they have made for future selling.
Pure holders will just keep on buying until one project is fully grown.
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franky1
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August 11, 2018, 01:37:00 PM Last edit: August 11, 2018, 01:59:06 PM by franky1 |
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always falling down?
2016 didnt fall below $600 2017 didnt fall below $900 2018 didnt fall below $5000
stop living in clouds looking down. stand at ground level of $5k and look UP treat $5k as your baseline and when prices rise by 1-5% take your profits.. whe the price corrects back down or you see a chance to get another 1-5% take it again.
repeat repeat repeat
day traders are actually IN.. holders are holders because they are holders. they are never 'in' by increasing their holdings. never out losing their holdings. but day traders see the lows not as emotional times to cry, but as great buying oppertunities. to then sell at 1-5% later
if you going to hold out aind wait for your $5k btc to turn into $10k. then keep waiting. but day traders would prefer to turn their $5k into $5050-$5250 then the next day repeat it and turn that sum into $5100-$2500 and within months get the $10k without waiting,without emotional crying. and without large risky waiting for 10-100%
EG if you know the price has reached $8k a few times this year. then chances are it will go up again. but dont bank on the $8k. look at todays prices look at them in comparison to the rest of the year. the low of ~$5800 means that todays $6100 is pretty near the low. so great value. so set urself a goal for 1-5% (70-300) above the price now as your sell point. and buy some now to sl at the sell point you think can happen within a day or 2. (by looking at daily spread changes for last few months) and just put some money into it. again dont be aining to wait for $8k just go for small percentages and flip flip flip
many day traders do it smart. they dont throw in their whole hoard into price and wait for 100%. they break it up into lots of smaller amounts and guage when to place each order. but they only place orders when the price is on the dip/discount/low. they dont throw it all in because even if they know the price should hit within hours to days. they may miss out on shorter term further discounts while they wait. so they juggle multiple order lines of multipl prices and rpeat repeat repeat
and when they sell they can choose if they are fiat lovers or BTC lover. for instance a BTC lover when setting a 1% profit sell point. would keep the 0.01btc as btc and sell the rest. thus returning the same fiat input but using fiat as their btc accumilator a fiat lover would sell all the btc to have 1% more fiat. and just use the btc as their fiat accumilator
at the end of the day day traders dont care what the actual price is.. they just see spreads of 1-5% each day or week to make their 1-5%. to them it doesnt matter if the price is $2k, $5k, $20k. .. as long as they can see it has correctd to be 1-5% closwer to the low. they can see a healthy chance it will go up 1-5% easily.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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dsaijz03
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August 11, 2018, 01:48:55 PM |
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Now that market seems always falling down these will prevent day traders to day trade crypto which relatively most of the money from the investors will going to end up day trading with some of the individuals who were always looking after at the graph of crypto market price movement. Now I think they should better be gone. Without these day traders market price could go a good increase all the way. I hope they will not come back.
You are wrong. Day traders makes the market live, without them the price will stop pumping when all the investors will hold. They play an important role to make the market won’t go down that much and because of the demands. However if you will hold the coins it has a big chance of gaining more profit but you have to set a time span to sell it because holding the coin for a lifetime won’t give you benefit.
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markluis
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August 13, 2018, 09:09:06 PM |
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Day traders didn’t felt any bad effect on crypto price the help to pump the price always and then this resist the coin to go down. Hope it’s helpful for any crypto.
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hakertajniak
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August 14, 2018, 02:02:49 AM |
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Now that market seems always falling down these will prevent day traders to day trade crypto which relatively most of the money from the investors will going to end up day trading with some of the individuals who were always looking after at the graph of crypto market price movement. Now I think they should better be gone. Without these day traders market price could go a good increase all the way. I hope they will not come back.
I think day traders still able to gain the profit if they expert in trading effectively. But most of them must be in pain because trading in this kind of bloody market on altcoins. btc is not too affected by this bear market.
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batang_bitcoin
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August 14, 2018, 02:07:51 AM |
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Why you want to get rid of day traders?
Do you have problems with them? if someone doesn't want to see the regulations, they would want to see these day traders out.
They also add dominance to bitcoin by converting their alts to bitcoin as a safe bet.
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Rent this sig space so that BTC goes to $100k.
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pooya87
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August 14, 2018, 02:42:30 AM |
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actually now that prices are falling like this with a fast speed, the day traders are coming back to the market to trade more. you see the real traders make profit from change in price not rise in price. and change can be up or down. even in a down market you can make profit. this can be margin trading or simply buying the dips and selling after the small recoveries for a small profit.
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gharjas2517
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August 14, 2018, 02:44:47 AM |
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I'm not going to do daytime trading, but I still believe in Bitcoins, even though the market is falling. Now I've converted all the altcoins into Bitcoins, and from now on I'm going to make a HODLERS.
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Meysa_richa
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August 14, 2018, 03:06:40 AM |
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the price every day goes away falling continuously, but in my opinion we don't go to sell the coins that we have, we have to be patient to get the price back up higher than the price of buying us again.
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elwiswoodie
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August 14, 2018, 03:12:12 AM |
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when prices go down, it does not mean that traders are on holiday, they can still trade altcoin or bitcoin as usual, even the opportunity to get profits is even greater when market prices are falling it's just that, daily traders will be more careful than pure investors, because daily traders must take advantage of the moment of every hour
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virendarnagpal
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August 14, 2018, 04:04:16 AM |
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Day traders are always there. No one can throw them out. They will be earning while in rising as well as in falling markets. They are the bulls in rising markets. They are the bears in falling markets. They always earn provided they have some expertise about the market.
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dohh
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August 14, 2018, 04:29:01 AM |
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always falling down?
2016 didnt fall below $600 2017 didnt fall below $900 2018 didnt fall below $5000
stop living in clouds looking down. stand at ground level of $5k and look UP treat $5k as your baseline and when prices rise by 1-5% take your profits.. whe the price corrects back down or you see a chance to get another 1-5% take it again.
repeat repeat repeat
day traders are actually IN.. holders are holders because they are holders. they are never 'in' by increasing their holdings. never out losing their holdings. but day traders see the lows not as emotional times to cry, but as great buying oppertunities. to then sell at 1-5% later
if you going to hold out aind wait for your $5k btc to turn into $10k. then keep waiting. but day traders would prefer to turn their $5k into $5050-$5250 then the next day repeat it and turn that sum into $5100-$2500 and within months get the $10k without waiting,without emotional crying. and without large risky waiting for 10-100%
EG if you know the price has reached $8k a few times this year. then chances are it will go up again. but dont bank on the $8k. look at todays prices look at them in comparison to the rest of the year. the low of ~$5800 means that todays $6100 is pretty near the low. so great value. so set urself a goal for 1-5% (70-300) above the price now as your sell point. and buy some now to sl at the sell point you think can happen within a day or 2. (by looking at daily spread changes for last few months) and just put some money into it. again dont be aining to wait for $8k just go for small percentages and flip flip flip
many day traders do it smart. they dont throw in their whole hoard into price and wait for 100%. they break it up into lots of smaller amounts and guage when to place each order. but they only place orders when the price is on the dip/discount/low. they dont throw it all in because even if they know the price should hit within hours to days. they may miss out on shorter term further discounts while they wait. so they juggle multiple order lines of multipl prices and rpeat repeat repeat
and when they sell they can choose if they are fiat lovers or BTC lover. for instance a BTC lover when setting a 1% profit sell point. would keep the 0.01btc as btc and sell the rest. thus returning the same fiat input but using fiat as their btc accumilator a fiat lover would sell all the btc to have 1% more fiat. and just use the btc as their fiat accumilator
at the end of the day day traders dont care what the actual price is.. they just see spreads of 1-5% each day or week to make their 1-5%. to them it doesnt matter if the price is $2k, $5k, $20k. .. as long as they can see it has correctd to be 1-5% closwer to the low. they can see a healthy chance it will go up 1-5% easily.
Yeah, what they do, is just a coin flip with odds on their side a bit. As they do many repetitions the, they would lose many of the flips anyway. I dont know about transaction fees, but in my opinion daytrading is only slightly better strategy in milking money out of new joiners.
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Pursuer
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August 14, 2018, 06:00:10 AM |
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what you are looking for here and describing are bag holders and panic sellers not holders and day traders.
holder is someone who makes a long term investment with wise choices. he invests his money in bitcoin because it has true potential and he invests a reasonable amount that he doesn't need and can afford to lose. then he stays away from short term speculation and enjoys the long term ride.
a day trader is someone who makes profit from short term even daily fluctuations in the market. it doesn't matter it is rising or falling the profit will be made.
now on the contrary a bag holder and panic sellers is a person who doesn't know what they are doing. they haven't bought bitcoin because they know its potential, instead they bought bitcoin because they read somewhere it is going "to the moon" so they were expecting to become a millionaire by now and that is why they panic sell, because they don't know what bitcoin is they just read another new thing telling them "bitcoin is dead" so they sell. it is a good thing that we have drops like this because even a small drop like today's will flush them out and decreases the volatility.
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Only Bitcoin
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Tamilson
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August 14, 2018, 06:24:27 AM |
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at the end of the day day traders dont care what the actual price is.. they just see spreads of 1-5% each day or week to make their 1-5%. to them it doesnt matter if the price is $2k, $5k, $20k. .. as long as they can see it has correctd to be 1-5% closwer to the low. they can see a healthy chance it will go up 1-5% easily.
It's really a big thing for day traders to profit at least 1% as we all know how risky day trading is. Though there were no big effect in the market's movement it will help the market to nourish. Some people doesn't have an idea how's the life of day trader than holder as they're the one who have the balls to see the beauty in bear market and make the most out of it.
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Happy Coding Life ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Walter edmond
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August 14, 2018, 10:08:26 AM |
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Day traders are essential for the market if they are not in the market then price will stop pumping. They play a great role in this market and for them market won't fall.
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fulled
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August 14, 2018, 10:56:16 AM |
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This is a good dip to buy, but i thing many buyer just wait to get small profit before they sell again, im personally just buy 6 altcoins today @50 each, i want to sell it at Q1
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InformerKin
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August 14, 2018, 11:53:09 AM |
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Yes, it's hard to daytrade and even harder to make profits whe we have such huge corrections, it's a great buy opportunity for long term holders, any coin you'll buy right now will give you a big profit in a year perspective.
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dellmoon
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August 14, 2018, 01:44:56 PM |
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I am not saying them holder because the never hold coin for much time and but a holder do it for a long time.
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viewpaker
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August 14, 2018, 01:47:30 PM |
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I think day traders is needed to have a perfect recipe on the movement of the supply and demand of cryptocurrency. Without them I think there will be irregularities in the chart and there will be a price dump and price pump unexpectedly.
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