Post
Topic
Board Trading Discussion
Re: Is there any reason to day trade anything other than bitcoin?
by
buwaytress
on 17/06/2019, 06:32:39 UTC
If you're using an AI model like mpcx there's definitely a reason to day trade some alts

I've (unfortunately) spent my time in 2016/17 looking at AI solutions/deep learning/NLP/machine algorithms etc trying to flip money doing alt trades or even Bitcoin, for that matter.

Problem with all these was their timing, running up to the great bull of 2017. Any fool and AI could make money day trading, the volatility was incredible then.

I don't know a single one that consistently made profits once the entire market started flailing. And then, when Bitcoin entered its sideways mode, alts did even worse. And if you're looking for swings the way day traders do, you'll appreciate that btc/usd has far more opportunities even today than btc/alts.