Post
Topic
Board Trading Discussion
Re: Day Trading
by
Shenzou
on 19/07/2018, 14:57:10 UTC
I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.
Keep in mind that day trading is not profitable as it sounds, you may think that in a day you could make a good profit but that does not always happen because the market does not move as you wanted to, besides you need to keep in mind that you have to pay exchanging fees and transaction fees every time you make a trade, so a day worth of trading could just end up lost in transaction, so overall holding is more profitable in the long run, compared to day trading.