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Author Topic: Back to day trading with bitcoin  (Read 19252 times)
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zuziekatee
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April 10, 2019, 08:22:31 PM
 #161

Currently now we can see that bitcoin volatility is minimal and a lot of people have resumed back to buying and trading if bitcoin and other crypto. Now there is no FUD or any negative news that can affect the market . So everyone is just trying to position theirself so they won’t miss out from any bull run.

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April 10, 2019, 09:05:34 PM
 #162

Day trading is a very nice idea but you have to knowledgeable enough so that you will not loose your money at the end of the day dude. I will not advise you to participate in bounty at the moment since you yourself has confirmed that many of the project are scam project which will not pay all the bounty Hunters at the of the bounty.
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April 11, 2019, 04:17:13 AM
 #163

Similar situation for me. I have resumed my day tradig with bitcoin got of it for a while to finish a demanding film project. I must say it feels a lil bit different coming back to this forum site and see how it feels like nothing stopped.
It's a big restoration happen early this year where we can see stability of the market demand and could triggered for price hikes. It for sure, many investors will turn back investing crypto again and so trading scheme as well. As this works,  we could expect more buying demand as possible.

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manfredmann (OP)
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April 11, 2019, 04:27:05 AM
 #164

This time the price rallying of bitcoin keeps moving forward. Now it has crossed the $5400 and can expect to reach the $5500 price barrier. The market situation is good for trading as there is regular price increase with correspondence to the increasing adoption level.
Yes you are right but I do not trade when market is rising or increasing it will just leave me losing my coins or holdings. I traded when there is a moment of selling bitcoins in the market right after a pump up. So, I traded carefully and does not take all the coins in the wallet. Just a small amount if not necessary. Trading decisions will be basing on market and its market price movement.
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April 11, 2019, 04:32:28 AM
 #165

This kind of situation is indeed suitable for daily trading, but that doesn't mean that in the long term it doesn't have the chance to gain profit, it certainly still be there.
Well lucky for those of us who are already in this forum, we can get to know more things and conclude a lot of things related to the development of the world of cryptocurrency, especially bitcoin along with some decent efforts to do.
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April 11, 2019, 04:38:47 AM
 #166

This kind of situation is indeed suitable for daily trading, but that doesn't mean that in the long term it doesn't have the chance to gain profit, it certainly still be there.
Well lucky for those of us who are already in this forum, we can get to know more things and conclude a lot of things related to the development of the world of cryptocurrency, especially bitcoin along with some decent efforts to do.

Yeah, we are luckily persons, that we have spend time in this forum that's why we can guess about the bitcoin movement and also our time which we have spend with crypto now they have make us that we could do trading, because in trading experience is matter and our experience make us to gain profit.









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April 11, 2019, 07:52:32 AM
 #167

Bitcoin's RSI parameter shows overbought conditions, which could result in a price drop. Read this technical analysis article to learn more:

https://coincodex.com/article/3396/bitcoin-price-analysis-btc-breaches-618-fibonacci-retracement-level-rsi-shows-overbought-conditions/
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April 11, 2019, 10:49:08 AM
 #168

Of course even can do anything be it a holder or day trading.

But I hope that before you day trade, at least calculate your risk, because we all know that day trading is very difficult if you don't know what you're doing and you may end up on the negative side, just saying, so goodluck to you.
Absolutely you are right that day trading is a very difficult especially for new traders. If they have not much control on their emotions and risk management then they can't get any profits.       

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April 11, 2019, 02:48:32 PM
 #169

It is a good idea when we trade and also invest in Bitcoin, because both of these things require great coins as well as strong, and from all these categories are in Bitcoin. For now trying to make long-term investments will be better than short-term investments.
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April 19, 2019, 10:24:57 AM
 #170

You're right. The problem with bounty campaign is that there is a possibility that the bounty you are joining is a scam and it happens to me. That is why I try to analyze if the bounty is a legit one but sometimes, you cannot really predict it, that is why I also do short trading. Even though it is not that profitable compare to long trading, at least I am earning.
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April 19, 2019, 10:57:25 AM
 #171

Of course even can do anything be it a holder or day trading.

But I hope that before you day trade, at least calculate your risk, because we all know that day trading is very difficult if you don't know what you're doing and you may end up on the negative side, just saying, so goodluck to you.
Yes this is actually the point no one knows that what will happen everything is very risky that's why we need to think before we do
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April 19, 2019, 10:59:25 AM
 #172

You're right. The problem with bounty campaign is that there is a possibility that the bounty you are joining is a scam and it happens to me. That is why I try to analyze if the bounty is a legit one but sometimes, you cannot really predict it, that is why I also do short trading. Even though it is not that profitable compare to long trading, at least I am earning.
This same scam also happens to me too
Now I am very careful about every single thing it's really hurt when you are doing everything sincerely and it gone on the happen of scam or spam
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April 19, 2019, 11:05:41 AM
 #173

Which good site can I trade bitcoin?
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April 19, 2019, 11:33:53 AM
Last edit: April 20, 2019, 03:37:31 AM by Bowly88
 #174

You're right. The problem with bounty campaign is that there is a possibility that the bounty you are joining is a scam and it happens to me. That is why I try to analyze if the bounty is a legit one but sometimes, you cannot really predict it, that is why I also do short trading. Even though it is not that profitable compare to long trading, at least I am earning.
This same scam also happens to me too
Now I am very careful about every single thing it's really hurt when you are doing everything sincerely and it gone on the happen of scam or spam
That's right. It really breaks my heart knowing that there are these kind of person who do these scams for the sake of their personal interest. Try trading though just like what I have also done. Find the best site which has a good speed and no currency risk, learn trading, study it. Make sure that you understand it well before you start so that you wouldn't make mistake. It is so that you wouldn't really much on bounties alone and have another source of income.
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April 19, 2019, 12:01:11 PM
 #175

Which good site can I trade bitcoin?

Binance will be a good choice because you don't have to fill KYC. But if you are no problem to fills KYC, then you can increase your level in binance, and you can also register in poloniex, and bittrex. I think kucoin will also a good site to trade bitcoin.

But before you deposit, make sure you already choose which exchanges you want to use for day trading and don't forget that you need to have basics skills in trading.

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April 19, 2019, 02:42:06 PM
 #176

trading bitcoin is currently very profitable because the price of bitcoin often rises and falls, we can buy bitcoin when the price decreases and gains a lot of profit when the price of bitcoin rises.
I also think that holding bitcoin at the moment is also profitable because the price of bitcoin on the crypto market is increasing, I'm very sure the price of bitcoin can be very expensive.

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April 19, 2019, 08:15:16 PM
 #177

Earning in cryptocurrency start with this forum. The first thought that come to my mind was to make some money out of nowhere like joining bounty campaign. Yet, I have tried and it does not compensate well for there are scam ICO projects and relatively will not give bounty rewards. Thus, the painful part started when I was not able to receive rewards. Yet, I never thought that I could like more on cryptocurrency and without the forum I could not learn how to do it.

For being a member of this forum, I have sought some things or ways on how to earn on cryptocurrency. I tried investing small scale and apparently it was a failure. However, I did not discourage instead it was a motivation to find ways and establish a strategy. I know there is no easy way to earn but as long as you have a good strategy, patience, timing and other factors will relatively help one to earn in the investment.

Unfortunately bitcoin now is not that volatile compared to BCH and Ripple so I have decided to take part on this crypto also aside from bitcoins. I have tried to day trade with it but for some reason I have to join with other cryptocurrency and do day trading.


Thanks again to this forum it was privileged for being here. I have learn my lessons!

Note: This thread is self moderated!
i learn a lot of lesson in crypto i invest in different ICO join different bounty
there are times that i loss some in my investment and didnt get paid in bounty
im really disapointed at that timea and stop but now i plan to start again
and put a mindset that even i failed again and again i know i will success in the future






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April 20, 2019, 03:02:09 AM
 #178

You can back in day trading anytime you want, but if you really want to back in day trading you must give all of your time and focus in trading so that you will earn a money, because if you didn't give all your money and best, I'm pretty sure that you will not earn something because you ddnt give your all potential on trading.
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April 20, 2019, 03:08:37 AM
 #179

You can back in day trading anytime you want, but if you really want to back in day trading you must give all of your time and focus in trading so that you will earn a money, because if you didn't give all your money and best, I'm pretty sure that you will not earn something because you ddnt give your all potential on trading.
For me, its really better if you just trade some coins for now but not for bitcoin because, I believe that the time of bitcoin in which he can comeback and rise again is very soon so we must need to wait him so that when that time comes you can earn a lot of profit by just waiting.
We have different choices and decisions to make in order to lessen or avoid the massive losses that may come to us so it's better if we go day trading some of our coins in Darb so that we can gain also a profit although a little, and it is just to cover the losses that we are experiencing right now, so we just need to do a trading to just cover our losses.
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April 20, 2019, 03:53:08 AM
 #180

I am less inclined towards btc for day trading. I prefer altcoins more. A simple news can bring a huge pump in a matter of seconds in altcoins. That's the best way to day trade. You just need to be aware of the news and never jump late. Have patience and try another coin. Bitcoin is relatively stable than altcoins. There isn't much room for day trading according to me.
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