BrewMaster
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There is trouble abrewing
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August 14, 2018, 01:49:47 PM |
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it is a free market and this is a decentralized and free to use currency, so you can not tell who and how uses it. there will be day traders and there will be holders at the same time. these swings are mostly because of the small size of the market combined with the fact that bitcoin investors are too excitable in my opinion. they jump on smallest of news!
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There is a FOMO brewing...
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Cryptojam1
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August 14, 2018, 01:53:38 PM |
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If you want to earn bitcoin in a different way consider joining this channel: https://t.me/ProfitDream. Why trade crypto when everything is falling when you can trade Forex using bitcoin. And we all know that Forex has a lot more opportunities to profit from.
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glaccief
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August 14, 2018, 02:04:42 PM |
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Day traders cannot be stopped because of a bearish trend which is very common for a market like this. Moreover, since the prices of cryptos have fallen and showing little signs of recovery in case of some promising coins, they will still opt for those and try to make profit out of them.
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PickwickRock
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August 14, 2018, 02:18:24 PM |
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I don't really agree with you. Cryptocurrency market is always fluctuating and there will always be day traders and long term investors. The cryptocurrency market cannot sustain without both the day traders and long term investors. So, the market won't progress if most of the day traders vanishes suddenly.
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Cheezesus
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August 14, 2018, 02:54:32 PM |
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I think that day traders are not out of this investment. Because they are one of the reasons why bitcoin price is going up and down. There are smart and experienced traders and they know how to handle this kind of things, there are rules and strategies to be followed.
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ENCRYBIT.IO - Private Sale is Live! (https://encrybit.io/) ●Buy ENCX Tokens & Get up to 40% Discount●
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Cj29
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August 14, 2018, 03:00:45 PM |
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Yeah agree. Its really hard to do trading today because coin today is hardly to pump because of dept market fall
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sunlitit654
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August 14, 2018, 03:40:17 PM |
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I will not agree with your BTC always falling conspiracy but will agree with day traders misery. Day traders are not being able to operate with ease with BTC. But they do make profits under such moments by figuring out floss points and making buyers influenced.
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Silent Elementals
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August 14, 2018, 05:32:29 PM |
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How come crypto holders can keep the market alive if all they do is keep holding their coins to themselves. All types of investors and traders are needed for a market to run smoothly which includes day traders too. So, I see no harm in day traders existing in market.
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betty12
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August 14, 2018, 05:43:24 PM |
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Friend day trading is fantastic and it's important to this market, it helps in daily liquidity, and even price speculations: which is good for this space. So day trading can help test the strength of any token. Currently as we stand now, day trading is not day job, times are hard because of the heavy bloodbath.
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hatshepsut93
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August 14, 2018, 05:46:38 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.
Day traders will always be a part of any market, some people just like this strategy and some are actually quite good at it, so no matter what happens with the price, they make profit from short price movements, even if they are small. I don't understand why you hate them, if Bitcoin's volatility makes you nervous, then you are not a real hodler and not a real Bitcoiner, because Bitcoin's core principle is freedom, and people are free to trade however they like.
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Adyle
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August 15, 2018, 05:42:00 AM |
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Day traders are actually the ones who have been able to keep the market active to be honest. Because of them the demands of the coins have been high and not dead.
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Sbdip
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August 15, 2018, 05:48:50 AM |
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Lol than you don't know about trading in bitmex i think.. 😹😹.. Even in this dumping market made the 10000$ in one day in bitmex. So i don't think dumping is a problem for me at all..
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CryptoRaymond
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August 15, 2018, 05:55:38 AM |
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First of all, the day traders are not out yet. They might have moved on from Bitcoin but there are still some Alts and forks which are profitable and day traders are focused on those right now. Secondly, the market isn't always falling right now, it is stuck between 6,100$-6,500$ for last few days, which is still a good price for the day traders to gain profit from.
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Kakmakr
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August 15, 2018, 05:59:24 AM |
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What? This is a day traders paradise at the moment. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Any day trader will cherish a 10%+ decrease and 10%+ correction in one day, like we have currently. On a $6000 bitcoin base price, a trader will gross about $600 in profit, with a 10% price movement. If you only risk 1 bitcoin every day, and you rinse and repeat this strategy daily, then you looking at a $18 000 monthly gross profit. <Give or take some trading fees and withdrawal fees etc.> Day traders just love this kind of volatility. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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MilfordGannon
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August 16, 2018, 11:36:27 AM |
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They used to buy more coin and after that they should buy these coin with a little benefit and it will help to pump the price of specific coin.
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Keeping Up
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August 16, 2018, 12:05:59 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.
day traders may indeed cause adverse effect in the market. especially those who just started in doing it because they are very susceptible in selling their assets whenever they see a decline in the market. so i am with your opinion that it will be better for cryptocurrency community in general for them to be gone.... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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cryptopranto
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August 16, 2018, 12:22:57 PM |
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Seriously? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? You think this kind of up down will deprive the traders from trading?? I don't think so.Only noobs will got lewiidate in this market. Real traders trade with stop loss. So they are eating their cake and recovering their money and also gaining profit in other ways. Like bitmex
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r32godzilla
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August 16, 2018, 01:03:45 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.
Without day traders,there will be a heavy fall in demand for cryptos which would affect the price of crypto coins.But most think that day traders were responsible for fluctuations in crypto prices.Each coin has two faces,a head and a tail and both should be considered.
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Kasliono
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August 16, 2018, 01:14:53 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.
First of all, the price of bitcoin is not falling down, you could see the prices compared with one or two years before. The second, the day trader will not be gone as you said before. As you can see that the prices are still fluctuative, it means that the day trader who did that.
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clonely
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August 16, 2018, 01:18:59 PM |
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I am holders when I've joined crypto world. But I can't agree with you. Holders has big loss with this year for 7 months. But day traders has used stoop loss and their loss not too big. I think like that.
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