Post
Topic
Board Trading Discussion
Re: Day Trading
by
sijonru
on 19/03/2019, 03:13:54 UTC
Day trading has a lot of risks if compared against mid-range or long term trading. We can't predict the price for short term as even after we buy the coin, it might start dumping and in such situation we might always need to hold the coin until we see it rising again. Day trading is meant for extremely volatile coins with high trading volume. Research is always needed if we tend to have profits. Investing randomly in any of the coin for day trading will only give loss.
I believe that daily crypto trading is only done by professional actors who are the source of their income from crypto trading. Because if you are a beginner or amateur, of course mental, brain and capital will not be enough.
This is proof that crypto traders can survive and become more profitable by cultivating a digital money business that is difficult for many to understand. Apparently there is nothing difficult, if indeed the enthusiasm for mastering the crypto trade is very large.