Bitcoin Forum
May 12, 2024, 05:47:18 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: 1 2 [All]
  Print  
Author Topic: Short term trading and scalping  (Read 234 times)
bitcoindata21 (OP)
Copper Member
Newbie
*
Offline Offline

Activity: 23
Merit: 3


View Profile
December 29, 2022, 08:02:03 PM
 #1

I've been bearish the last week or so, looking at the orderbooks primarily to show me where the whales want to push the price. Sometimes it could be spoofing, other times it can be legit selling or buying. Combining different exchange liquidity can help to give an overall picture. Here is my analysis on youtube should you wish to see it -

https://www.youtube.com/watch?v=OPdumALVaQk
1715492838
Hero Member
*
Offline Offline

Posts: 1715492838

View Profile Personal Message (Offline)

Ignore
1715492838
Reply with quote  #2

1715492838
Report to moderator
1715492838
Hero Member
*
Offline Offline

Posts: 1715492838

View Profile Personal Message (Offline)

Ignore
1715492838
Reply with quote  #2

1715492838
Report to moderator
1715492838
Hero Member
*
Offline Offline

Posts: 1715492838

View Profile Personal Message (Offline)

Ignore
1715492838
Reply with quote  #2

1715492838
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715492838
Hero Member
*
Offline Offline

Posts: 1715492838

View Profile Personal Message (Offline)

Ignore
1715492838
Reply with quote  #2

1715492838
Report to moderator
2double0
Legendary
*
Offline Offline

Activity: 2618
Merit: 1105


View Profile
December 29, 2022, 08:24:48 PM
 #2

While the timeframes were same in all the charts (i.e.; 1h), what methodology did you use to check for all those volume bars that are different in each of the charts? I can see the volumes vertically on tradingview and some other apps, but this is something new and relatable to actual market pull/push and can be helpful for any type of trading because it gives insights of where the pressure really is and what is needed to be done to break it.
bitcoindata21 (OP)
Copper Member
Newbie
*
Offline Offline

Activity: 23
Merit: 3


View Profile
December 29, 2022, 08:38:03 PM
Last edit: December 29, 2022, 09:05:36 PM by bitcoindata21
 #3

While the timeframes were same in all the charts (i.e.; 1h), what methodology did you use to check for all those volume bars that are different in each of the charts? I can see the volumes vertically on tradingview and some other apps, but this is something new and relatable to actual market pull/push and can be helpful for any type of trading because it gives insights of where the pressure really is and what is needed to be done to break it.

Those are not volume bars, but bid and ask orders placed, the colours are based on the size of order. smallest being blue then green, yellow, orange, red is biggest.

In simple terms volume is settled orders, and this (orderbook) is limit orders not yet filled
Oshosondy
Legendary
*
Offline Offline

Activity: 1442
Merit: 1126


Gamble responsibly


View Profile
December 29, 2022, 08:39:20 PM
 #4

In trading, statistical, fundamental and technical analyses are very important, but how about sentiment? When the price of bitcoin has fallen from ATH to a low price like this, I hope many traders that go short will not lose when the real bull run starts again. People should also know that they need certain strategies to trade before they can make good sum of profit, it is not only about those analyses, but strategy used is also very important.

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
livingfree
Hero Member
*****
Offline Offline

Activity: 2786
Merit: 578



View Profile
December 29, 2022, 09:59:39 PM
 #5

It's always everytime that the whales want to push the price or the opposite. That's the analysis that I used to see at most times, we don't know what they really want but one thing is they want to buy cheap bitcoins.

The news about fake runs such as bull traps or news that will send the market down.

That's when they're starting to act for purchasing the sold ones due to panicking.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
minime0105
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 534



View Profile
December 29, 2022, 10:13:11 PM
 #6

In trading, statistical, fundamental and technical analyses are very important, but how about sentiment? When the price of bitcoin has fallen from ATH to a low price like this, I hope many traders that go short will not lose when the real bull run starts again. People should also know that they need certain strategies to trade before they can make good sum of profit, it is not only about those analyses, but strategy used is also very important.
You can not compare the person that goes short term investment at that particular times of bearish and the profit someone that invested for long term, the profit of short term investment person can't never be same with the person that is running a long term investment, so i believe all this are criteria and the difference between both of them.
palle11
Sr. Member
****
Offline Offline

Activity: 2310
Merit: 332


View Profile
December 30, 2022, 01:41:47 PM
 #7


the profit of short term investment person can't never be same with the person that is running a long term investment, so i believe all this are criteria and the difference between both of them.

You can't be sure of that. Some short time investment also have greater turn out than longtime. If you are consistent with short time investment, it will bring returns that in accumulation will be greater than a longtime hodling, so sometimes it is profitting to sell coins when on ATH, taking profit is better than hodling perpetually.
borovichok
Hero Member
*****
Offline Offline

Activity: 1148
Merit: 518


View Profile WWW
December 30, 2022, 09:04:47 PM
 #8


the profit of short term investment person can't never be same with the person that is running a long term investment, so i believe all this are criteria and the difference between both of them.

You can't be sure of that. Some short time investment also have greater turn out than longtime. If you are consistent with short time investment, it will bring returns that in accumulation will be greater than a longtime hodling, so sometimes it is profitting to sell coins when on ATH, taking profit is better than hodling perpetually.
Short and long term investment results in yielded good returns only if the project don't failed. Observing the market during the bear season, is always tactical and one need to be extremely careful with dealing with projects in the market. Short term trading is beneficial to those who practice it consistently and with good planning, profits is achievable. Scalping is risky but with a lengthy experience, it's advisable to always check the price actions before applying your execution on the market. Altcoins proved beyond doubt that they're both profitable in the long and short term.

Stake VIP wager
Oshosondy
Legendary
*
Offline Offline

Activity: 1442
Merit: 1126


Gamble responsibly


View Profile
January 01, 2023, 10:01:26 PM
 #9

You can't be sure of that. Some short time investment also have greater turn out than longtime. If you are consistent with short time investment, it will bring returns that in accumulation will be greater than a longtime hodling, so sometimes it is profitting to sell coins when on ATH, taking profit is better than hodling perpetually.
Short term investment should be within 6 months.

Long term investment starts from 6 month and above. It can be up to 1 year, 2, 3 or 4 years. Long term investment can even be more than 4 years.

If you invest when the price is low like this, long term investment is more profitable.

Short and long term investment results in yielded good returns only if the project don't failed.

That is true. As for me, I commented based on bitcoin investment regarding this.

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
Peanutswar
Legendary
*
Offline Offline

Activity: 1540
Merit: 1058


Top Crypto Casino


View Profile WWW
January 02, 2023, 10:04:05 AM
 #10

People doing scalping with the bearish market but its only ideal to the people who have a large amount pool for the trades with good leverage and not getting greedy because right now the market is just in a chill waiting and sitting with the 16k-20k and this year of 2023 we are looking with the bearish until 2024 waiting for the halving to buy with the price ideal to them, currently the bitcoin is now ideal for the scalping just good for the altcoins but of course with the checking of the bitcoin price really affects the alt.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
mendace
Sr. Member
****
Offline Offline

Activity: 462
Merit: 616


Pizza Maker 2023 | Bitcoinbeer.events


View Profile WWW
January 02, 2023, 09:18:32 PM
 #11

People doing scalping with the bearish market but its only ideal to the people who have a large amount pool for the trades with good leverage and not getting greedy because right now the market is just in a chill waiting and sitting with the 16k-20k and this year of 2023 we are looking with the bearish until 2024 waiting for the halving to buy with the price ideal to them, currently the bitcoin is now ideal for the scalping just good for the altcoins but of course with the checking of the bitcoin price really affects the alt.



Scalping can be a high-risk, high-reward strategy for trading in the cryptocurrency market. It involves making a large number of trades in a short period of time, usually with the goal of making small profits on each trade. In a bear market, such as the one you described, scalping can be more challenging because the overall trend is downward, making it harder to find opportunities for profitable trades. However, if you have a large pool of capital and good leverage, it may be possible to make money through scalping, as long as you are careful not to get greedy and are able to cut your losses quickly when necessary. It's also important to keep an eye on the price of bitcoin, as it can have a significant impact on the value of other cryptocurrencies, or "altcoins."
Ryker1
Sr. Member
****
Offline Offline

Activity: 1918
Merit: 442


Eloncoin.org - Mars, here we come!


View Profile
January 02, 2023, 10:57:22 PM
 #12


the profit of short term investment person can't never be same with the person that is running a long term investment, so i believe all this are criteria and the difference between both of them.

You can't be sure of that. Some short time investment also have greater turn out than longtime. If you are consistent with short time investment, it will bring returns that in accumulation will be greater than a longtime hodling, so sometimes it is profitting to sell coins when on ATH, taking profit is better than hodling perpetually.
Well in altcoins it could be but not on bitcoin --altcoins are good for a short-term investment especially if a certain coin was hype. For sure you will gain too much at that time but when the hype will be done, it will boil down to rapidly decreasing the price. But it is different with the bitcoin, when it has a bull run, bitcoin will continue the price growing up most commonly after the next halving which is proven for how many years it could be there is an ATH and that time would be your harvesting time. However, you need to wait for another 4-5 years before you will see your profit. Of course --the high risk would become a high return if you will choose altcoins for short-term either scalping.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
Strongkored
Legendary
*
Offline Offline

Activity: 2772
Merit: 1112


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
January 03, 2023, 05:27:50 AM
 #13

Short term is the same as scalping in my opinion because in a short period of time targeting profit, the amount of profit you get will really depend on the capital used. You cannot expect hundreds of percent profit in scalping unless you are involved in a group that is doing dump and pump, usually traders doing scalping do on coins that are more stable and aim for small profits but with lots of trades.
I have stopped on scalping because the market is sometimes unexpected, and like having to start from zero when it happens.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
palle11
Sr. Member
****
Offline Offline

Activity: 2310
Merit: 332


View Profile
January 04, 2023, 09:59:58 PM
 #14

Short term is the same as scalping in my opinion because in a short period of time targeting profit.

I don't think those are the same thing because they are not in the same class. Scalping is very fast trading to make money not even close to an hour exit but regarding short term, it is not required as short as one hour, so you see alot of difference in it. If you are doing a short time investment, you are likely not going to leave within an hour.
GreatArkansas
Legendary
*
Offline Offline

Activity: 2310
Merit: 1345


Buy/Sell crypto at BestChange


View Profile WWW
January 05, 2023, 01:23:43 AM
 #15

Short term is the same as scalping in my opinion because in a short period of time targeting profit.
I don't think those are the same thing because they are not in the same class. Scalping is very fast trading to make money not even close to an hour exit but regarding short term, it is not required as short as one hour, so you see alot of difference in it. If you are doing a short time investment, you are likely not going to leave within an hour.
For me, they are the same, only words or terms are different.
But scalping is for the short term also, doing some number of trades over a short period of time. Since scalping may be a suitable strategy for traders who have the ability to make quick decisions.


.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
palle11
Sr. Member
****
Offline Offline

Activity: 2310
Merit: 332


View Profile
January 05, 2023, 07:57:00 AM
 #16

Short term is the same as scalping in my opinion because in a short period of time targeting profit.
I don't think those are the same thing because they are not in the same class. Scalping is very fast trading to make money not even close to an hour exit but regarding short term, it is not required as short as one hour, so you see alot of difference in it. If you are doing a short time investment, you are likely not going to leave within an hour.
For me, they are the same, only words or terms are different.
But scalping is for the short term also, doing some number of trades over a short period of time. Since scalping may be a suitable strategy for traders who have the ability to make quick decisions.


Well maybe short term trade could pass as the generic name for both swing also but for me I consider swing to be very different from short term because it involves very minimal time in minutes. Moreover, short time is also used for hodling like short time hodling and long time hodling while swing trade is at no time considered or classified in hodling.
Blawpaw
Legendary
*
Offline Offline

Activity: 1596
Merit: 1027



View Profile
January 05, 2023, 03:07:48 PM
 #17

BTC is on the right place to do some scalping

It is currently trading around its average cost basis. If there is a confirmed break above this level, it could lead to a bullish run. In the meantime, the constant spikes are an excellent ground to do some scalping and get some positive trades.
Bobrox
Sr. Member
****
Offline Offline

Activity: 1134
Merit: 253



View Profile
January 05, 2023, 03:17:30 PM
 #18

Short term trading or scalping usually have chance at new altcoin listing on the market exchange, for Bitcoin and several top altcoin seems difficult earn profit trough short term trading. I have been waiting for several day with Bitcoin and price still stable around from $16,600 until $16,900.

Having $300 changed price seems not profitable when trading with Bitcoin and having about $17,000 capital, have the same thing with potential or top ten altcoin standing on coin market cap like Ethereum, BNB and XRP. Seems not any drastically up or down values and need waiting few days later for earning profit as short term trading. Seems can't earn profit in daily day with several top altcoin or bitcoin nowadayw.

.
OFFICIAL
PARTNERS
2022/23
    █ ▄█       ▄▀ ▄▀▀
  █▐▌▌▌▌      ▄▀ █▀▄▀
  ▀█▄▀▌▀▄    ▌█▄███▀
  ▀█▀█▄▀ ▀▄▄▐██▀▄█
    ▀▄███▄▄▀▄▀▌▐▀
  ▄  ▄▀▀█▄▄▀▄▀▄█
   ▀▀████▄▄▀ ▄▄▄▀▄
 ▄
  ▀▀▀▄▀▀▄█▄█▀ █▀    ▄
▐█▌
       █▄█▄       ▐█▌
▐█▌██▄ ▄▄
▄██▄▄▄ ▄██▐█▌
▄▄▄▄▄▄ ███▀██▀███ ▄▄▄▄▄▄
▐████████▄▄▄▄▄▄████████▌
 ▀▄█▄
▀▀▀██████▀▀▀ ▄█▄▀
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
▀▀▀█████▀▀▀
▄▄▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄▄▄
    ▄ ▄ ▄▄▄    ▄     █
   ▄███████▄ ▀██▄   █
█  ▄███▄ ▄▄█▄▄███▄  █
  ▄▀▀▀▀▄▀▀▄▄█▀▄▄▄▄  █
  ▄████ █ ▀ █ ████▄  █
  ▀████ ▄▄▄▄▀  █
█   ▄▀▀▄█▄█▄█▄█▄█▀ ▀  █
█  ▀ ▀▀▄██ ██▄▀▀ ▀  █
▀▄ █▀▀▀ █▄█ ▀▀▀█ ▄▀
▀▄ ▀████▄▄▄▄▄████▀ ▄▀
▀▄▄  ▀▀▀▀▀▀▀  ▄▄▀
▀▀▀▄▄▄▄▄▀▀▀
.
CRYSTAL PALACE FC
BURNLEY FC
HUDDERSFIELD TOWN   
█▀▀▀











█▄▄▄
.
PLAY NOW
▀▀▀█











▄▄▄█
palle11
Sr. Member
****
Offline Offline

Activity: 2310
Merit: 332


View Profile
January 05, 2023, 03:21:50 PM
 #19

In the meantime, the constant spikes are an excellent ground to do some scalping and get some positive trades.

Lol scalping is good because it is a short cut way for easy money. However scalping is better when you do that on the trend side so that when you miss your target, you can be lucky to get your trade going your direction of the trend but scalping is bad if you scalp against the trend because any missing can lead to your account being wiped off as you will be dragged in losses till the end. Meanwhile, with the current trading chart for bitcoin, I have not seen spikes that is confirming a safe scalping.
Sterbens
Sr. Member
****
Offline Offline

Activity: 1848
Merit: 341


Duelbits.com


View Profile
January 05, 2023, 04:58:52 PM
 #20

In the meantime, the constant spikes are an excellent ground to do some scalping and get some positive trades.

Lol scalping is good because it is a short cut way for easy money. However scalping is better when you do that on the trend side so that when you miss your target, you can be lucky to get your trade going your direction of the trend but scalping is bad if you scalp against the trend because any missing can lead to your account being wiped off as you will be dragged in losses till the end. Meanwhile, with the current trading chart for bitcoin, I have not seen spikes that is confirming a safe scalping.
While scalping is an "easy" way to make money, it is also a great way to burn money. laugh out loud
Scalping can be done for professional traders, but I do not recommend it for beginners.
I agree with you, scalping can be done by following market trends, but many indicators determine whether the market we see is in a certain trend or not. Scalping can also be done when the chart is at certain moments such as the Double Bottom Pattern, for example opening up more profit opportunities.

.
DuelbitsSPORTS
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10% CASHBACK
          100% MULTICHARGER
rhomelmabini
Hero Member
*****
Offline Offline

Activity: 2002
Merit: 578


View Profile
January 05, 2023, 06:32:20 PM
 #21

In the meantime, the constant spikes are an excellent ground to do some scalping and get some positive trades.
Lol scalping is good because it is a short cut way for easy money. However scalping is better when you do that on the trend side so that when you miss your target, you can be lucky to get your trade going your direction of the trend but scalping is bad if you scalp against the trend because any missing can lead to your account being wiped off as you will be dragged in losses till the end. Meanwhile, with the current trading chart for bitcoin, I have not seen spikes that is confirming a safe scalping.
I think it's not about the trend when you're scalping, scalpers do not follow that as far as I know as long as there's movement in the market. Other scalpers these days doesn't rely much on manual scalping I guess since there are lot of automation tools to use to , it's far more advantageous considering bots won't rely on emotions.
doomloop
Hero Member
*****
Offline Offline

Activity: 2282
Merit: 581



View Profile
January 05, 2023, 09:05:52 PM
 #22

Short term trading or scalping usually have chance at new altcoin listing on the market exchange, for Bitcoin and several top altcoin seems difficult earn profit trough short term trading. I have been waiting for several day with Bitcoin and price still stable around from $16,600 until $16,900.

Having $300 changed price seems not profitable when trading with Bitcoin and having about $17,000 capital, have the same thing with potential or top ten altcoin standing on coin market cap like Ethereum, BNB and XRP. Seems not any drastically up or down values and need waiting few days later for earning profit as short term trading. Seems can't earn profit in daily day with several top altcoin or bitcoin nowadayw.
I think the reason why is because coins like BTC are way too heavy but new coins are still small and can be easy to manipulate, that is why we see an extreme volatility on them but we must be careful as this is also risky.

The price can dump and then it may not recover anymore so better if we can just wait for the top coins to return to their normal volatile state again and they are the ones that we should use for short term trading. I think that can also happen once we end this bear. This won't take long anymore because we are already in this new year and then we are getting closer to the halving event. Just have some patience.

michellee
Hero Member
*****
Offline Offline

Activity: 2772
Merit: 842


🐺Spinarium.com🐺 - iGaming casino


View Profile
January 06, 2023, 10:37:26 AM
 #23

Short-term trading is possible if the price moves up and down as often as possible and has a price gap that you can use to buy and sell. But with the current conditions, I don't dare to do it because I see that bitcoin movements are erratic and can cause me to be wrong in my analysis. I realized that I wasn't very good at short-term trading so I would probably buy when the price was still down and sell when the price was up a few notches. That's still good for me because if I can do that, I still have the potential to make a profit.

.
SPIN

       ▄▄▄██████████▄▄▄
     ▄███████████████████▄
   ▄██████████▀▀███████████▄
   ██████████    ███████████
 ▄██████████      ▀█████████▄
▄██████████        ▀█████████▄
█████████▀▀   ▄▄    ▀▀▀███████
█████████▄▄  ████▄▄███████████
███████▀  ▀▀███▀      ▀███████
▀█████▀          ▄█▄   ▀█████▀
 ▀███▀   ▄▄▄  ▄█████▄   ▀███▀
   ██████████████████▄▄▄███
   ▀██████████████████████▀
     ▀▀████████████████▀▀
        ▀▀▀█████████▀▀▀
.
RIUM
.
███
███
███
███
███
███
███
███
███
███
███
███
SAFE GAMES
WITH WITHDRAWALS
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
.
███
███
███
███
███
███
███
███
███
███
███
███
.
.SIGN UP.
Kelvinid
Sr. Member
****
Offline Offline

Activity: 2800
Merit: 344


when lambo...


View Profile
January 06, 2023, 10:38:30 AM
 #24

I've been bearish the last week or so, looking at the orderbooks primarily to show me where the whales want to push the price. Sometimes it could be spoofing, other times it can be legit selling or buying. Combining different exchange liquidity can help to give an overall picture. Here is my analysis on youtube should you wish to see it -

https://www.youtube.com/watch?v=OPdumALVaQk
Scalping is really hard and I see it was not a profitable strategy in a volatile coin like BTC. I see a lot of market analysis, in fact, I have mine but most of the time I fail to be on perfect timing, and usually, I lose. If we only use Bitcoin for trading, scalping is not good but I see it was effective for altcoins where whales have so much participation.

Scalping can be done when we have a lot of time to spend on the computer but for those who have limited time, short-term trading could be the best choice. Both of them are profitable (or even not) as it will depend on the traders.

freebitcoin       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄█████
██
██
██
██
██
██
██
██
██
██
██
▀█████
.
PLAY NOW
█████▄
██
██
██
██
██
██
██
██
██
██
██
█████▀
beerlover
Legendary
*
Offline Offline

Activity: 2870
Merit: 1160



View Profile
January 07, 2023, 08:44:53 PM
 #25

Scalping is really hard and I see it was not a profitable strategy in a volatile coin like BTC. I see a lot of market analysis, in fact, I have mine but most of the time I fail to be on perfect timing, and usually, I lose. If we only use Bitcoin for trading, scalping is not good but I see it was effective for altcoins where whales have so much participation.

Scalping can be done when we have a lot of time to spend on the computer but for those who have limited time, short-term trading could be the best choice. Both of them are profitable (or even not) as it will depend on the traders.
Scalping is "too" hard, I mean sure there are some people who know how to do it, but if you ask me it's near impossible for me to do it. I tried it a few times before and I failed and I have been trading for years now, so that means any newbie out there would have absolutely no chance at all, would not make any logic to do it.

I rather have a situation where it would be smarter to end up with a profit in the long run with holding, or regular spot trading because those are not that difficult to follow up, and would give you an easy way to make profit instead of this insane method called scalping. Even with a lot of time, it's very hard to do, requires you to be 100% focused at all times with no margin for error.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK   
          100%   MULTICHARGER   
palle11
Sr. Member
****
Offline Offline

Activity: 2310
Merit: 332


View Profile
January 07, 2023, 09:37:18 PM
 #26


Scalping is "too" hard, I mean sure there are some people who know how to do it, but if you ask me it's near impossible for me to do it. I tried it a few times before and I failed and I have been trading for years now, so that means any newbie out there would have absolutely no chance at all, would not make any logic to do it.


I think some few things outside scalping itself can be attributed to the reason if people say it is too difficult. This can be as a result of :

1: Emotion: When you are on a scalping trade you are between the good and the bad because if the order is profitting, you want to allow more profit but this profit can revert to losses in your presence because of delay to exit the trade in profit.

2: Network: This can become another worring factor if you don't have steady network because you need to be sure the network for scalping trade.
Pages: 1 2 [All]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!