After this halving time, market will take correction. But now day trading is profitable at least for next 2-3 months. Everything is on dependable on market conditions, whatever is it day trading or ICO investment. I know so many traders whom earn good money in good market but lose in same coin in bad situation.
Day trading will be profitable as long as there is volatility in the market. And the closer we get to halving, the more volatile it becomes. This is the best time to trade, when the price of bitcoin for 1 day changes by 10%. But at this time, compliance with risk management is an important condition.
Yes, I agree with you, especially if the market can move like this few weeks. We can expect to make a profit from bitcoin pair usdt, but it is difficult to make a profit from altcoin pair bitcoin or usdt unless the altcoin can move like bitcoin. The risk management should be our concern so we can prevent the loss, and we can stay focus on the market.
Hi guys!
I have a little exp. in trading but basically I'm a newbie.
If I get you right you all saying that night trading is better than day trading?
Why? I don't get it...
Hm, I guess not really. You can trade in night or day depend on how good the market moves. If in the day, the market can have volatility, then I guess that you can have a chance to buy low and sell high. But that will depend on what coin you choose to trade because not all coins can move or have volatility so you can buy and sell of that coin.