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Author Topic: How about day trading Eth?  (Read 967 times)
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November 04, 2020, 10:38:47 PM
 #61

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.

Maybe for now you have a chance to make a profit in daily trading, as Eth's price continues to increase. If the price falls again, and continues to fall, it is very difficult to predict. Patience in trading is needed, maybe most of you think don't panic when trading.

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November 04, 2020, 10:46:54 PM
 #62

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.

in order to engage in day trading you need to have a lot of time
not everyone can afford to spend so much time trading
or you must have a good bot
it is for this reason that I do not day trade with Ethereum or other coins

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November 04, 2020, 11:00:23 PM
 #63

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.

I agree with you that trading on ETH is definitely profitable and of course highly recommended, because ETH prices change very quickly (up and down) and have a high trading volume on almost all cryptocurrency exchanges, so it will definitely make easier for us to trading on ETH and get profit, besides that if I personally buy ETH and the price falls, then all I need to do is hold and wait until the price of ETH increase again, because I believe ETH price will always increase.

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November 04, 2020, 11:52:00 PM
 #64

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.
To be honest, I have been doing that this recent year. Put 5 minutes chart and put some indicators to help me analyze the chart, I got so much losses at the beginning when I tried it out the first time due to how volatile the price is, but once you know how to read the chart and predict the event later, we can get money from that.

For sure, you need sufficient capital in order to get decent profit tho :p

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November 05, 2020, 01:19:44 AM
 #65

Ethereum price movements are so fast, that's why we can earn a good amount of profits there, but because Ethereum price is expensive of course must using huge funds, so for people like me which only using small funds choosing Ethereum as day trading is not worth it. For me, only coins which have price below $1 is worth it
It's not so fast as another altcoin which traded below ethereum's price. You didn't even need a huge funds to be started to trade on ethereum. Dude imagine when you can generate a few dollars in a trade but you can did this for more than 10 times. that's more than enough to make sure you will have filled all of your daily needs with the profit from your trade.
The problem is people can't do that caused by when they were trading crypto and they have been putting very big expectation from what they have bought.
They forget to sell in profit and then dump happened.

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November 05, 2020, 07:11:42 AM
 #66

I think their network system has built something good.Suddenly the price has gone up.Moreover the price of Bitcoin has gone up so it is normal for the price to go up.

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November 06, 2020, 03:59:05 PM
 #67

I trade legitimate and established cryptocurrencies such as Bitcoin, Ethereum and some few gem and potential altcoins like that of BLZ. It's a project of over 2 years existence around the space, helping users to secure their data in a decentralized manner. It's really an interesting project of this season. You may want to find out more about it: https://bluzelle.com
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November 06, 2020, 08:15:25 PM
 #68

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.

Yes. Market conditions continue to improve. I think day trading is just right. Not only on ethereum, but we can also trade several coins, so there are many opportunities to make a profit.

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November 07, 2020, 06:05:03 AM
 #69

Ethereum price movements every day are quite large, this can be used for day trading, but in my opinion, the benefits of day trading on Ethereum require large capital.

It's not easy though, tiring and costs a lot of time to watch the market graph and planning the strategy over time based on technical and trend analysis, and don't forget the high risk to lose.
in short, day trading isn't for layman in the trading battle field. Better to buy and waiting for a week or a month to sell it.
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November 07, 2020, 06:57:40 AM
 #70

Ethereum price movements every day are quite large, this can be used for day trading, but in my opinion, the benefits of day trading on Ethereum require large capital.
better to take buy position only in current condiiton , ethereum looks strong bullish so we open sell position on margin trading i am sure its will have bigger risk except we have good skill in technical analisys.

Ethereum price movements every day are quite large, this can be used for day trading, but in my opinion, the benefits of day trading on Ethereum require large capital.
you use margin facilities in exchanges if you have no large capital. as i remember trading ethereum could multiplied 50x or 75x in binance market. so capital should not be our problem right.
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November 07, 2020, 07:07:43 AM
 #71

Ethereum day trading or bitcoin day trading the risk is still the same, if you don't know much about trading it's better to learn first, forgot trading bot, they aren't that reliable, if you really want to get into trading business it's better to start learning, youtube is a good place to start
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November 07, 2020, 07:36:39 AM
 #72

Everything about crypto trading is timing, you need to jump in at the right time, my own trading trick is buying low and selling high and that's only for top coins only, I don't trade new altcoins, now that crypto is very bullish trading bitcoin now will bring many positive results since it's bullish trend is still very strong.

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November 07, 2020, 07:47:19 AM
 #73

Ethereum day trading or bitcoin day trading the risk is still the same, if you don't know much about trading it's better to learn first, forgot trading bot, they aren't that reliable, if you really want to get into trading business it's better to start learning, youtube is a good place to start
apart from on YouTube, this forum can also be used as a place to learn to trade, sometimes many people share tips and how to trade properly, just practice it themselves, and don't forget if you are new to trading, never panic or listen to what people say, because they sometimes getting people to sell right away
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November 07, 2020, 06:28:26 PM
 #74

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 part of everyone’s plan. There are people who wants to even quit their jobs and be doing this on a full time, but it is not an easy job. The way it was easy for you to trade and grab a few bucks from the market's fluctuation is not how it is for some of us, like me. I can’t trade that perfectly, most times I have to rely on people who are very good. And that means I have to go for a long term or HODL, that has always been the way for me.

Ethereum price movements every day are quite large, this can be used for day trading, but in my opinion, the benefits of day trading on Ethereum require large capital.
Yep, it requires large capital, and not only does it require that, you also need to have good skills on trading, if not, the large capital is as good as a waste.

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November 15, 2020, 11:32:03 PM
 #75

Everything about crypto trading is timing, you need to jump in at the right time, my own trading trick is buying low and selling high and that's only for top coins only, I don't trade new altcoins, now that crypto is very bullish trading bitcoin now will bring many positive results since it's bullish trend is still very strong.

you have a good trick))
everyone wants this trick
i bought it cheaply
sold dearly
that's the whole trick))
the problem is that you don't know in advance how the price will behave after the sale
it is so easy in words
 but in reality it is very difficult

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November 15, 2020, 11:56:56 PM
 #76

being a day trading requires a lot of patience because it is not as easy as you imagine the price of coins will go up and down that fast, to become a day trading we also have to be careful and disciplined to observe the movement of these coins, and I think eth and btc are good coins for day trading.

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November 16, 2020, 01:10:00 AM
 #77

well, every day the price development of ethereum always changes from $ 5 to $ 10. however, at the moment I'm not doing day trading for ethereum, and just paying attention to price developments. so far, the prices have been going up and down to $ 450 to $ 460, and some to $ 470. Well, I chose to hold Ethereum in this quarter until the price is above $ 550, I'm pretty sure Ethereum will hit that price.

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bittick
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November 16, 2020, 01:25:42 AM
 #78

day trading is much like gambling to be honest, you might think you can make profit from the fluctuation but there's time you gonna lose as big as the profit you made within an instant and market tends to go down anyway. It's certainly viable option for some people but I just don't recommend it. It's better to trade for long term rather than shortly. You also need to calculate the mental exhaustion you get from doing day trading more specifically eth that's right now kinda fluctuates a lot. You might think that you can handle day trading with the simple principle of buy low sell high but when you buy low and then the price goes even lower it's gonna be a war in your mind to cut lose or not to cut lose

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November 16, 2020, 01:41:09 AM
 #79

well, every day the price development of ethereum always changes from $ 5 to $ 10. however, at the moment I'm not doing day trading for ethereum, and just paying attention to price developments. so far, the prices have been going up and down to $ 450 to $ 460, and some to $ 470. Well, I chose to hold Ethereum in this quarter until the price is above $ 550, I'm pretty sure Ethereum will hit that price.
if you take advantage of that moment, I believe you have made over $ 100 in profit in ETH daily trading. $550 or $600 is the price ETH will reach in the medium term, so I think it's a good decision.
day trading is much like gambling to be honest, you might think you can make profit from the fluctuation but there's time you gonna lose as big as the profit you made within an instant and market tends to go down anyway.
Day trading is like gambling if you trade without using analysis, if you use analysis it is not a gamble because determining prices is not based on speculation but from the analysis that is made.
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November 16, 2020, 06:05:03 AM
 #80

Day trading for the ETH is good now because the volatility is very low in the ETH market currently. If your purpose is only for the day trading then you can enter and exit very quickly with a minimum profit. But, if the price target is not in accordance with your prediction then you can also hold it and you must get a better profit afterward.

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