Post
Topic
Board Trading Discussion
Re: how risky is day trading?
by
Simmieman
on 11/12/2017, 18:45:08 UTC
Day Trading from my experience is a time intensive process that is best done with larger amounts of capital. Likely the juice is not worth the squeeze if you get started with anything less than 20k that you are prepared to lose. The better option to look into would be swing trading and with everything seemingly going up these days you should do alright. One other thing to remember is that if you do trade into other cryptos please make sure you are calculating your gains in terms of BTC and NOT USD. Everything trades against BTC so you need to get a better return than hodling BTC. why trade your BTC for an ALT that you have to trade back for less BTC down the road.