Quote from: wxa7115 on September 18, 2019, 05:37:17 PM

Quote from: Bunsomjelican on September 18, 2019, 01:03:48 PM

Day trading is profitable only, if you are already knowledgeable and full of idea about it.
And you must ready to face the consequences if ever you make a mistakes while doing
in the actual trade platform, because on day trading your character as a trade will reflect in it
for sure once you implement this methods of earnings in crypto.

One of the main problems with day trading is that you need a huge level of skill to make it work, many newbies attracted by the promise of easy profits and also attracted by the fact that those that day trade and are good at it most likely will not have even a losing week think that they can do it as well not understanding that this is by far the most difficult way to trade, so if you are a newbie it is way better to start with long term trades.

Obviously this means that it will take you a long time to gain the necessary experience to become confident in your abilities and your system so you can become a day trader, but that is just the way it's supposed to be and when a newbie tries to skip this process most likely they will lose everything they have.

Yes, now it is very difficult to learn how to trade on the cryptocurrency market because the market is very unstable, it is much easier to trade on the market when the market goes up.