How about day trading Eth?

[Kunnu]

I usually don't do day trading but imo Ethereum may be a beneficial option for day trading for those who have better understanding about technical analysis of eth and the most important thing we mustn't involve in day trading without strategies otherwise it may not be much profitable or it may end up with loss.

[Kelvinid]

I just tried day trading in eth and the price fluctuations which happens continuously is something where we can make profit in daily basis, guys from today morning to evening I could have earned nearly 15 to 20$.

True, I am making between 1% to 5% by day trading ETH. When do you know how to trade and learn the market properly, it's actually pretty easy to get profit from ETH trading. But, not everyone can do that because it drains your real life sanity and mental, test your greediness and other stuff. If they fail to do one of them, they will lose their money.

Everyone have a favorite coin/s to trade, that ETH is my second option next to BTC. In fact, I've used them both together if I have more time to spend in trading. It is just quite different when you are in day-trading especially when the market isn't very active. Base on my experience, when it comes to day-trading, BTC is more profitable than ETH. But as you have said, depending on how you work on your trade and that strategies are a big factor that could affect the results either be profiting or not, either be BTC or ETH.

[jcarlo]

I usually don't do day trading but imo Ethereum may be a beneficial option for day trading for those who have better understanding about technical analysis of eth and the most important thing we mustn't involve in day trading without strategies otherwise it may not be much profitable or it may end up with loss.

Without strategy and analytical skills, I think the opportunities to profit from trading are very slim and rely solely on luck. Trading in my opinion is high risk if we don't understand the price movements but if we can read the price movements, I think daily trading is very profitable

[tanjiran]

Without strategy and analytical skills, I think the opportunities to profit from trading are very slim and rely solely on luck. Trading in my opinion is high risk if we don't understand the price movements but if we can read the price movements, I think daily trading is very profitable

All things will get maximum results if we are able to implement the right strategy. For beginners, day trading is quite complicated, it requires in-depth analysis to determine the right team to enter and exit the market. Not to mention when unexpected movements occur, anticipation is needed. It also takes experience and mentality in dealing with difficult situations. Don't rush, keep practicing and if possible learn from the experts.
Well, ETH and BTC are the favorites of my most active trading friends. Especially if there are rumors or good news, the price movement is most prominent.

[asus09]

If you have much money above $10k it become good position to buy and sell etehreum day by day because almost one day I check ethereum have change price about 5% and you can get profit if you have much money. I have try right now with salary above $10k I can earn about $200 every day with little change price of ethereum, I trade day by day without think ethereum will raise to higher price later because I just wanna earn daily profit, I think will give many chance for buy back ethereum at lower price and sell on higher price, althout few percent change of etehreum with higher salary is enough to get profit every day.

[nrvasquez]

I think daytrading (on ethereum) is not suitable if you only have a small budget, looking at ethereum prices with quite "low" fluctuations I think that maybe you can day trade other top coins with higher fluctuations

[TitanGEL]

I actually trading ETH daily because what I want in ETH is the volatility where I can handle it unlike other altcoins out there where they are really volatile where my winning rate is so bad for a momentum trader like me. I using multi time frames when I trading ETH, these time frames are the 15 minutes, 30 minutes, 45 minutes, 1 hour and 4 hours. For beginners I suggest do not yet try to use multi frame time frames because it is really confusing at the beginning but if you gain a lot of experience and knowledge then it is the time for you to try use it. I recently make a profit in ETH last 2 days ago where I bought at $441 with x5 leverage because of the rejection there and I make 15% gains in just hours. 

[D ltr]

I think daytrading (on ethereum) is not suitable if you only have a small budget, looking at ethereum prices with quite "low" fluctuations I think that maybe you can day trade other top coins with higher fluctuations

I also day trading on ethereum for maximum profit, but even though I trade using small capital I can still make a profit from trading margin.
It is a little risky but very suitable for those who do not have much capital.

[ekeh]

That is good idea, early now, I applied the method of daily trading, and even increase by 2days trading, buy at low and sell higher, which I have been making small profit, with a currency peer of ETH/USDT And USDT/ETH respectively, having enjoying the trade with a little profit, but i Hung one day, while waiting the market to bearish, instead keep bullish and that is disadvantaged of the business.

[hulla]

That is good idea, early now, I applied the method of daily trading, and even increase by 2days trading, buy at low and sell higher, which I have been making small profit, with a currency peer of ETH/USDT And USDT/ETH respectively, having enjoying the trade with a little profit, but i Hung one day, while waiting the market to bearish, instead keep bullish and that is disadvantaged of the business.

The idea of day trading is good but also very risky for inexperienced traders even experienced traders either and that's because cryptocurrency is more just buying low and at selling higher price. However, this is the perfect time for inexperienced crypto enthusiast can dive into trading but day trading is still not recommended

[TWW]

I think daytrading (on ethereum) is not suitable if you only have a small budget, looking at ethereum prices with quite "low" fluctuations I think that maybe you can day trade other top coins with higher fluctuations

I also day trading on ethereum for maximum profit, but even though I trade using small capital I can still make a profit from trading margin.
It is a little risky but very suitable for those who do not have much capital.

What is the percentage of profit from trading ethereum daily? with the current market movements, if you use small capital, of course, the results will not be too good. you better pay more attention to the cost of trading transactions that you make on the exchange. don't get wrong in playing numbers.

[escalante28]

Day trading is exciting that you need to buy or purchase tokens/coins and selling them on the same day. You need to execute a large volume of short and long trades to capitalize on intraday market price action.

I have read an article explaining Day trading and its worth to read https://crypto.co/news/things-to-know-about-cryptocurrency-day-trading/

[2tang]

In daily trading, sufficient knowledge is needed because if you only rely on speculation, of course we only have a 50-50 possibility to gain profit or even lose, because speculation is only based on our instincts, but if you are reliable in implementing daily trading strategies such as chart analysis, of course this is. will reduce our risk of loss because as day traders we must be able to read the price movements of a crypto asset and try to guess where the next movement will go, based on previous and past movements.

[baundul]

Undoubtedly day trading is a great way to make money. The crypto market is decentralized, so it is not possible to say which one will join the fortune. You need to check the market every day and keep track of all the news. Many subtle things can shake that push in the face of loss. Good luck you did well.

[Gvent]

Without strategy and analytical skills, I think the opportunities to profit from trading are very slim and rely solely on luck. Trading in my opinion is high risk if we don't understand the price movements but if we can read the price movements, I think daily trading is very profitable

All things will get maximum results if we are able to implement the right strategy. For beginners, day trading is quite complicated, it requires in-depth analysis to determine the right team to enter and exit the market. Not to mention when unexpected movements occur, anticipation is needed. It also takes experience and mentality in dealing with difficult situations. Don't rush, keep practicing and if possible learn from the experts.
Well, ETH and BTC are the favorites of my most active trading friends. Especially if there are rumors or good news, the price movement is most prominent.

Ethereum is a popular coin and there is always a demand for it
it is very good for beginners to learn to trade on it
the point is that if the price drops today, then it may rise tomorrow, or vice versa
if a newbie bought a coin at an inflated price
 then he just needs to wait for the price tag to return to the same point
Ethereum's price will not drop to zero, as happens with some tokens

[icalical]

I have been daily trading eth for several months for now, I start with only $200 and making an average of $2-$3 a day, $5 maximum if I am so lucky. I currently using the Bollinger bands and EMA strategy, it's working good so far. I would like to know how much is your initial capital and what's your technical analysis tools. Daily trading in a coin that already has big market-cap like ETH, BTC and other top 10 is safer and give more stable profit. It won't make a huge profit tho.

[erikoy]

Day trading for me is not really good because market isnvery unpredictable and that only can waste your effort in making a lot of eth when trading. Short term and long term trading (short term or long term). This is the kind of a  good strategy or plan in investing in my own opinion. ETH is one of the best altcoins of bitcoin and if you think you can earn in day trading then go for it.

[icalical]

I have been daily trading eth for several months for now, I start with only $200 and making an average of $2-$5 a day, $10 maximum if I am so lucky. I currently using the Bollinger bands and EMA strategy, it's working good so far. I would like to know how much is your initial capital and what's your technical analysis tools. Daily trading in a coin that already has big market-cap like ETH, BTC and other top 10 is safer and give more stable profit. It won't make a huge profit tho.

I think you are in luck because lately the price of cryptocurrency is experiencing a very good price increase, whereas if there are no supporting factors like this then you will find it difficult to get profit from daily trading on ethereum, so stay careful and don't get trapped at high prices because the risk of day trading is that.

Absolutely true, I think I start when crypto is at the rock bottom so its easier. Starting after the bullish like this time will be much more difficult. I got trapped on XRP last year, and need to make quite a big cut loss.

[enhu]

Its not bad to trade ETH/USDT, the price volatility is also mirroring BTC/USDT. But you might have to trade a lot of ETH to substantially profit. I have tried it many times with just 5ETH but eventually, move to BTCUSDT.  One can just see how much BTC will move up a day with more than $500 spike compare to ETH.

[desfira]

The god of luck is still on your side, when you try to trade, and it coincides with the price that continues to rise, then you will definitely get a profit.
 Trading is actually easy but not as easy as we imagine, where our patience is very tested in trading