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.
Daily operations require intense patience and can not be easily followed as in long-term investments. Of course, two different investment options will be beneficial in every respect, but it should be noted that pricing in daily transactions should be re-evaluated every day. So, the process that was done yesterday is a thing of the past and the process to be done today should be done without panic. In addition, buy-sell transactions to the loss made yesterday should not be reflected in the other day. For that reason, you should first learn this process literally and then do daily operations. Another negative aspect of day-to-day operations is that occasionally sad results may be obtained. For example, after a sales transaction that I did yesterday, I did a price check today and I saw that it was doubled yesterday. Although a significant amount of profit has gone away, I have to say that I received a good return yesterday. However, if I missed the 100% profit margin and I did not create a negative sadness, it would be a lie unfortunately. For that reason, the necessary experience must be gained before starting daily operations and psychologically ready for this war.