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Author Topic: How about day trading Eth?  (Read 967 times)
bocyaj
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November 20, 2020, 04:54:12 PM
Last edit: December 18, 2020, 07:27:29 AM by bocyaj
 #141

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 best for the people who do for the full time trading.We can quit our job and do trading alone with money from PF.But in day trading you need to check the price for every one hour and try to sell by the same day.Because both rise and fall will happen in a same day.

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November 20, 2020, 05:37:24 PM
 #142

Trading at Ethereum can be detrimental if you don't do a very complex and accurate analysis at the moment. If after the market analysis it is seen that the price of Etherium will go up in the current trend, then it will be profitable for the day trading. However, caution must be exercised as the price of ethereum has risen sharply and there may be a sudden downward trend that could lead to large losses. So the day trading can be done by keeping the market under observation.

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November 20, 2020, 05:46:14 PM
 #143

Day trading of Ethereum is okay. There are also other coins/tokens that are also profitable. In trading, one need a good capital not $50 -$100 trading capital.
A person who needs a large amount of capital to do day trading is a person who has no experience in trading, because he has not been able to manage small capital in terms of trading, for people who already have a lot of experience in trading, he can make daily profits even though his capital is only $ 100 only.

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November 20, 2020, 06:24:22 PM
 #144

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 eth can be exciting and profitable but seeing the bullish trend which is just getting started and getting clearer everyday now i would prefer to hold for now and would try to take profit near the peak which could be a wait of few months only depending upon the strength of bulls.

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November 20, 2020, 06:57:04 PM
 #145

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.
Seems like you took advantage of the price fluctuation. Well I am glad for your earnings there,mate.
It is like simply just a buy at low and sell at high mindset, and I am still scratching my head sometimes on why this concept is confusing to some people still.
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November 23, 2020, 06:50:26 PM
 #146

Currently the Ethereum price movement is so fast, therefore we can get quite a lot of profit there, but because the price of Ethereum is expensive, of course you have to use large funds, on the other hand if you trade only relying on signals from other people it will not be able to provide profit. , because signals from other people are usually wrong, if you want to profit from trading results, you have to learn how to trade properly, and always observe market movements

now the price of Ethereum has gone up only because this coin is being bought in large quantities from exchanges to send it to be stored for two years in the nodes for Ethereum 2.0
the number of coins is measured in hundreds of thousands
that is why the price has risen so sharply
although more recently, she almost stood still

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November 23, 2020, 07:20:14 PM
 #147

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 mean you are a day trader my friend and if you can get a consistent profit in daily thats mean you are a pro buddy
by the way always use  a stop loss in your day trading activity, so you can manage the risk  Wink

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November 23, 2020, 07:33:54 PM
 #148

Buying low and selling high is just for people with a lot of patience, that is the problem numerous traders are having, in the event that you lack patience you will wind up in losses, you will settle on some terrible decisions you will lament, I don't utilize ethereum however as I favor bitcoin more, it's more steady and predictable for me

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November 23, 2020, 07:41:16 PM
 #149

Day trading crypto has boomed in recent months, and when it comes to eth trading the reality is never as bright and simple otherwise everyone would be rich and famous in trading.

The risk factor will be low if you do day trading also plan for short term profit even in day trading buy/sell again buy/sell do it multiple times trust me you will be benefited but fluctuations would be the key factor else it would be hard.
ETH can still used in day trading and can be profitable if monitored, however it will be better if there are also other alts to watchout to day trade since ETH price did not move that much thta can cause higher gains so there are choice which alts can be profitable that day unlike before that ETH is a priority in trading but still it have lots of potential once it's have new developments.

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November 23, 2020, 07:53:53 PM
 #150

Buying low and selling high is just for people with a lot of patience, that is the problem numerous traders are having, in the event that you lack patience you will wind up in losses, you will settle on some terrible decisions you will lament, I don't utilize ethereum however as I favor bitcoin more, it's more steady and predictable for me

Considering volatilities, most traders who haven't got enough patience with how the market moves, simply they will lose their investment along the way, not just with ETH or BTC but any crypto that they will work with, patience is the important characteristic of any traders in
order to ends up getting some good profits from this business.

With every crypto movement, you need to assess and try to figure it out on how you'll be able to get into the right position especially when dealing with day trade setup. It's not easy but very possible since ETH have enough volumes and lots of movements are showing from this
coin. timing and determinations this coin always good for long and short term trades.

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November 24, 2020, 09:12:30 AM
 #151

Always altcoin market is worth trading when the bitcoin market is stable for sometime or going down because with bitcoins almost all the altcoins go down and then slowly they all recover which gives a good chance to get some quick profits. You can do the same with ethereum too but ethereum will rise much faster while bitcoin takes longer but when it starts going up we all know no altcoin can match that price boost.

There are no secrets here and I do not believe there are any huge traders in crypto market instead most of the guys are just playing around with new tokens while some experienced ones are trying scripts like arbitrage trading which are good but hard to find.

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November 24, 2020, 10:25:18 AM
 #152

Day trading is a technically demanding work,I'm absolutely not up to it,it requires you almost need to focus on price every second, in the meantime, you also have to browse information about the token you want to trade. If i let me handle it, i guess the best outcome would be to lose transaction fees.
Anyway,wish you luck and make profit from it.

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November 24, 2020, 12:59:14 PM
 #153

If you have a large capital maybe 1 hour can produce big profits, but try people who start from small capital who expect big profits.
maybe you are hindered by the time it will take to focus on the market. maybe your luck is not on day trading either. but I believe you have a better focus on other ways in the crypto market to profit.
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November 24, 2020, 03:55:28 PM
 #154

The danger included can be very high, yet in the event that you stick to great danger the board you can limit these. In the crypto world I just did sometime exchanging Bitcoins yet after exchanges expenses the benefit wasn't so huge any longer. I am only an understudy just and through day exchanging I can uphold my examinations with my own cash.

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November 24, 2020, 04:03:57 PM
 #155

If you have a large capital maybe 1 hour can produce big profits, but try people who start from small capital who expect big profits.
maybe you are hindered by the time it will take to focus on the market. maybe your luck is not on day trading either. but I believe you have a better focus on other ways in the crypto market to profit.

large capital only makes a person unable to control emotions, I have done that before,
and never trade leverage if you are new, it's better to buy Etherum on the spot market and do a hold.

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November 24, 2020, 05:39:43 PM
 #156

taking daily profits is great, and that's how I trade too, and I'm aiming for $ 30 a day. but I think ETH is moving too slowly, I'm currently trading XLM and XRP. I am getting a lot of profit from these two coins, my advice is to go into XRP  and you will get a decent profit.

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November 24, 2020, 08:12:17 PM
 #157

If you apply the Day trading strategy we must always monitor the ethereum price movement chart because in second it can be a big loss if you forget to apply the stop loss button.  I myself often use the day trading method on several Coin, but there are those who get profit, some suffer losses.
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November 24, 2020, 08:36:40 PM
 #158

If you have a large capital maybe 1 hour can produce big profits, but try people who start from small capital who expect big profits.
maybe you are hindered by the time it will take to focus on the market. maybe your luck is not on day trading either. but I believe you have a better focus on other ways in the crypto market to profit.
Practically, the day traders can be with small funds and large sum of cash for trade, what defines a day trader is their ability to be focus on the chat daily without looking at the news. With small funds you can make some good profit even though those with huge sums of money will attract  more of this profit. With $50 investment fund before the ethereum bullish movement started, I was able to make another $50 in profit which mean that, I was at profit even with my small funds.

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November 25, 2020, 10:33:48 PM
 #159

taking daily profits is great, and that's how I trade too, and I'm aiming for $ 30 a day. but I think ETH is moving too slowly, I'm currently trading XLM and XRP. I am getting a lot of profit from these two coins, my advice is to go into XRP  and you will get a decent profit.

It is now that these coins have started to grow
this is most likely due to the fact that the largest banks in the world want to cooperate with the banks that own these coins
bank of America is considering this possibility
due to such news, coins grow in value
before that, Ripple was constantly falling and was not of much interest for daily trading

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November 26, 2020, 02:39:30 PM
 #160

That won't be the best decision to take, ethereum is one of the top picks to perform this year and it has already been performing, best you can do is hold for future profits. You can trade other alts but hold onto ethereum like it's bitcoin as it has its potential

That right, maintain the virtual currency that is well known and used by people every day to send money or other types. it doesn't make other people doubt because it is proven and useful.
ETH is one of the most profitable bagholders in my opinion for the long term because of the continuous development of blockchains to fix the shortcomings of its blockchains
this is one project that I really like

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