How about day trading Eth?

[republicrypto]

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$. Buying low and selling in a reasonable profit, again when it comes to my price I use to buy and sell for a reasonable margin this will work only if there's continuously fluctuation, just have a try and make daily profit.

good choice if you do a day trading with ethereum my friend
because the volume is huge, and thats make ethereum become a good alt for day trading activity
regards

[Innocant]

I did not try it doing day trading ETH because of these Im focusing some other altcoins that have a chance to make into increase the price maybe if I have time on that Im not sure yet if I just want to make it hobby. It was too hard to doing that but if we want earn more this is our chance to start but we need a capital for trading.

[forexandcryptoauditor]

That's really great. But it will work only when there is much volatility to the ETH price. For me, trading is not working as expected because we must give plenty of time to perform the trading, especially day trading. Of course, short-term trading can be done but for that technical analysis is required.

[tycsols]

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$. Buying low and selling in a reasonable profit, again when it comes to my price I use to buy and sell for a reasonable margin this will work only if there's continuously fluctuation, just have a try and make daily profit.

Making $20 odd everyday from eth trading consistently with obviously small investment is not bad at all. I would like to encourage you to trade with even higher amount if you are confident about your strategy and you can extract higher profits. Earning consistently from this market is a tough job and if you are doing it you must be a quality trader to say the least.

[flyeers309]

Becoming a day trader is not a matter of day or tomorrow getting profit but day trading is more about how we get sustainable profit every day.  Although high fluctuation, I don't think that's the only reason for us earning some profit as day trading because the market doesn't fluctuate every day.

[jcarlo]

Trading requires special expertise because it must be able to predict price movements. We must have technical analysis skills to read the market but trading can be profitable if we are able. For now, I am thinking more about holding my coins long term and therefore, I chose coins that are in the top 40 coinmarketcap

[matchi2011]

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$. Buying low and selling in a reasonable profit, again when it comes to my price I use to buy and sell for a reasonable margin this will work only if there's continuously fluctuation, just have a try and make daily profit.

Day trading is good if you are a good technical trader and understand price action. I have done day trading but the problem is that small timeframes like 30 minute or 1 hour do not give me confidence to trade rather they confuse me, I am more confident with daily or weekly timeframes but that can take more time to reap any profits.

Like what OP said it's depends  if there's continuously fluctuation, you can bring something out from this coin since the price movement
is really active, day trade is easy to position yourself.

You have to be aware of how thigs may move along the way, in the case of ETH where it mostly followed bitcoin the chance that you can
build a good track for both buy and sell position can be done with proper research and study.

[GreenStox]

if calculated from your profit and your profit then your capital is above 500 $ because for daily trading traders usually target 1-3% / day or am I wrong and you have a different opinion?
cutlose is also used to avoid more losses, the average daily trader has set the maximum loss he will receive that day.

[NewRanger]

if calculated from your profit and your profit then your capital is above 500 $ because for daily trading traders usually target 1-3% / day or am I wrong and you have a different opinion?
cutlose is also used to avoid more losses, the average daily trader has set the maximum loss he will receive that day.

maybe he use trading margin ? with small account we could trading using margin more than 50x for ethereum. i am sure he must good trader that could earn profit $15 in a day consistently.

Trading requires special expertise because it must be able to predict price movements. We must have technical analysis skills to read the market but trading can be profitable if we are able. For now, I am thinking more about holding my coins long term and therefore, I chose coins that are in the top 40 coinmarketcap

its more reasonable for us whom have limited skill in technical analisys. i do long term investment in top 100 cmc.

[SlimShadyMmp]

I think when BTC hit 14k and become stable I might jump up on that but when there is high fluctuations like the one now anything can actually happen and you might end up crushed It can be profitable but again dont forget is highly risky and things can fly sideways easily

[wildflower18]

Trading requires special expertise because it must be able to predict price movements. We must have technical analysis skills to read the market but trading can be profitable if we are able. For now, I am thinking more about holding my coins long term and therefore, I chose coins that are in the top 40 coinmarketcap

This is why a trader should really be careful because of price fluctuations. We can’t predict prices but good thing Op was able to earn profit a day. Choosing top coins in the market is also a good choice so invest with risks in this market.

[uray]

Buying low and selling in a reasonable profit, again when it comes to my price I use to buy and sell for a reasonable margin this will work only if there's continuously fluctuation, just have a try and make daily profit.

If the strategy is giving you satisfaction you can continue doing that but i would wait for over an year to book my profit, there were times in the past two rallies when i played liked that and then missed out on the big rally as i was not able to buy back the coins in time and so this time i am not going to play on those terms and probably miss out.

[maxreish]

What technical analysis do you use, OP?
Ive been trading in a daily basis, too but hard to achieved $20 profit a day because, as you said it suddenly flactuates and my stop loss always triggered. You got the right entry and exit points that's why you earn that amount daily by doing repeatedly trades in a day.

Since in daily trading , we took advantage of the small price movements and requires full attention to the market. Not everyone is fond of a daily trading as it is more risky and I've been trying to become a daily trader, too but honestly it is really difficult to make a profit in a daily basis that is why I prefer swing trading that I can close my trades in a few days.

[WalkerIVIV]

I have assumed if you are using more than a few hundreds dollars, right? basically, that's easy to earn $50 from the daily trade as long as we are using a short term trade.
I have been making regular profit from the daily trade on the some altcoins like dot, chainlink and other.

What you are saying was true, don't be greedy and take a sense profit.

[btc-facebook]

ETH price has been fluctuating in recent weeks as there will be news about ETH V2, the perfect time to do day trading especially Margin Trading, because if Spot Trading the profit is not too big, and it will take a lot of time to get $20 to $50 in a day.

[Bitlover10]

It's very risky. Trading in crypto market is big risk and you can loose your everything what you holding. Exchanges provided you big liquidity and they manipulate the price within a minitues and you will loss everything. This is really a serious issue for crypto market because new people not enter in the market because of fear of losses. Holding btc and eth is a good things you can do. If people makes loss in trading in the crypto market, I can't say its trading loss I can say it's crypto exchanges stolen customer fund by manipulate the market.

[yazher]

really you can earn $ 20 every day? how much capital do you use? if you get $ 20 every day means you can get $ 600 in one month, but be careful bro because ethereum is very dependent on the price of bitcoin
but by the way I'm also interested in trying it

I think he just got when the price of ETH went up these few days. Now with that high earnings, I'm sure he is using high capital as well and then if the price of ETH will suddenly go down, then the problem will arise because when you use high capital for trading, it will more likely hard to recover because we are talking about ETH here not Bitcoin. Only those who are veterans in trading who can day trade with ETH or else sticking with the other altcoins for day trading is easier.

[maydna]

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$. Buying low and selling in a reasonable profit, again when it comes to my price I use to buy and sell for a reasonable margin this will work only if there's continuously fluctuation, just have a try and make daily profit.

Good for you. In these situations, you can earn $15 to $20, which is a good profit for you, and if you can do that every day, your profit will be bigger monthly. But you still need to be careful because the ethereum market will not be easy to predict, and you need not chase bigger profit every time you trade, but if the price can jump to the high price instantly, you can sell it right away. Buying low and selling high will be the best way to earn money from trading, and I am sure that the fluctuation still continues these few days later as bitcoin price always goes up and down. I don't know how much capital you use, but it is a good example for people who want to try day trading.

[lienfaye]

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$. Buying low and selling in a reasonable profit, again when it comes to my price I use to buy and sell for a reasonable margin this will work only if there's continuously fluctuation, just have a try and make daily profit.

Thats a good profit for day trading. You probably use an above average capital to earn 15 to 20$. Well I have not tried to use eth for day trading and already stop to be a day trader long ago due to lack of time.

You can only earn if you have enough time to monitor the market and the fluctuations are frequently happening.

But not everyone can earn the same. Its about your strategy to apply because for me day trading is more risky than holding based on my experience thats why it depends on every trader.

[bluebit25]

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$. Buying low and selling in a reasonable profit, again when it comes to my price I use to buy and sell for a reasonable margin this will work only if there's continuously fluctuation, just have a try and make daily profit.

Woww ! i accidentally saw a topic that made me remember myself when trading, i used to spend a long time at home working, and every day I take time to learn how to trade. At first, i had a small profit but then everything was over. And i see that this market will kill you if you are unprepared. I just want to advise you to learn carefully about trading before getting started, moreover i am just an amateur trader, it is interesting to see someone repeating the previous day.