Post
Topic
Board Bitcoin Discussion
Re: Day traders OUT! IN pure crypto holders.
by
hatshepsut93
on 14/08/2018, 17:46:38 UTC
Now that market seems always falling down these will prevent day traders to day trade crypto which relatively most of the money from the investors will going to end up day trading with some of the individuals who were always looking after at the graph of crypto market price movement. Now I think they should better be gone. Without these day traders market price could go a good increase all the way. I hope they will not come back.

Day traders will always be a part of any market, some people just like this strategy and some are actually quite good at it, so no matter what happens with the price, they make profit from short price movements, even if they are small. I don't understand why you hate them, if Bitcoin's volatility makes you nervous, then you are not a real hodler and not a real Bitcoiner, because Bitcoin's core principle is freedom, and people are free to trade however they like.