Quote from: kimochidesh on April 05, 2018, 07:11:52 PM

Quote from: kuronokishi10 on December 11, 2017, 05:45:55 PM

With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?

There are many risks associated with day trading. It involves costly capital. Like there are many considerable up-front costs like hardware, software, and news services have to be paid before you can begin trading. Ongoing expenses like ECN fees, real-time news fees, and communication charges have to be paid. A lot experience is needed to judge the movement of the market. As future is uncertain, prediction may fail. Also, day trading is much more addicting than gambling.

Expenses are one of the major reason too for this day trading. But what I found the most difficult in them is, the whole day you are going to be in front of screen and finding out the best time to buy or sell your coin. Is this a joke? Really? Do you agree or ready to sit in front of your screen and keep on saluting the profit and loss ratios. So better is to go for long term investment.