Quote from: deisik on January 16, 2017, 08:08:39 PM

Quote from: Amph on January 11, 2017, 07:15:48 AM

Quote from: Hammerschmidt on January 11, 2017, 04:53:19 AM

Anyone care to offer some INSIGHTFUL advice instead?

i did in the past i learned few stuff but not so much, about for example bollinger lines, that if those get out of the average you need to short or long

but besides this i still find it too much of a gamble, and also many other agree that TA is bullshit

It seems that now you finally got it

Quote from: Hammerschmidt on January 11, 2017, 04:29:40 AM

I'm wondering if anyone buys and sells bitcoin like a day trader. Like maybe watching for a small gain, selling a few, watching for a small dip, buying back more from what you just sold, and so on.

Are there any reliable sites for this?

It seems also that you are talking about exchanges

And there are many of these. One of the posters mentioned btc-e earlier and I agree with such a choice. Regarding day trading, this is probably not the best thing for a novice. If you blindly follow some strategy based on TA, you are in for losses, but in order to trade smartly you need experience and psychological resistance to possible losses. The best thing you can go for given the circumstances is likely doing dollar cost averaging. You can find more about that in Google

At a very high level, I can't force myself to agree with the "short term mostly loses" mentality. Is not the "long term," by definition, the sum of many short terms? If compared with an even longer time scale, is not your hypothetical long term a relative short term? If so, you have created a "losing fractal," and at every scale, losses exist.