Post
Topic
Board Trading Discussion
Re: Is day trading is good in crypto market?
by
Twentyonepaylots
on 01/05/2020, 16:16:54 UTC
I can suggest for short trading instead of day trading. Because market is very fluctuate so that day trading is very dangerous for crypto traders i think. but if you go for short trading you can realize market condition and can take time for next step that you can not get day trading. so be careful about day trading.
Yeah, I agree on this, day trading is enough to wash your capital set for a month because of too much fluctuation we are getting in the market right now, especially with bitcoin. To be honest I've lost about $120 in 4 days due to market volatility and of course bad decision and market analysis. Instead of day trading, just do short trading, pick a moment in the day where you feel great to trade with the price just enough to increase in an hour but let me tell you this, it's very hard especially now that every one is talking about halving.