Re: Cryptocurrency Day Trading: How to Get Started & How to Win
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Cryptocurrency Day Trading: How to Get Started & How to Win
At some point or another most of us have probably thought about cryptocurrency day trading. The idea of actively making a profit every day certainly sounds appealing, but many people often jump in without doing enough research and end up getting burned. Luckily, if you want to day trade Bitcoin or other digital assets you can benefit from decades of people trading stocks and all of the experience and tools that have developed alongside them. Most of the concepts of trading stocks, and especially the FOREX market, can easily be applied to trading crypto and Bitcoin as well. Let’s take a look at what crypto day trading is, how to get started, and what tools we can use to gain an edge.
In this article we’ll be discussing the following topics:
Continue reading the full article here: https://www.coygo.app/blog/posts/cryptocurrency-day-trading-how-to-get-started-how-to-win/
Nice Blog and this is really helpful for incoming daytrader though i am not a fanatic of this area of profiteering because this is very risky. Cryptocurrency Day Trading: How to Get Started & How to Win
At some point or another most of us have probably thought about cryptocurrency day trading. The idea of actively making a profit every day certainly sounds appealing, but many people often jump in without doing enough research and end up getting burned. Luckily, if you want to day trade Bitcoin or other digital assets you can benefit from decades of people trading stocks and all of the experience and tools that have developed alongside them. Most of the concepts of trading stocks, and especially the FOREX market, can easily be applied to trading crypto and Bitcoin as well. Let’s take a look at what crypto day trading is, how to get started, and what tools we can use to gain an edge.
In this article we’ll be discussing the following topics:
- What is day trading?
- Is crypto day trading for me?
- What are some day trading strategies?
- Basic tools for day trading crypto
- Advanced tools for mastering crypto day trading
- How do I find which cryptocurrencies to trade?
Continue reading the full article here: https://www.coygo.app/blog/posts/cryptocurrency-day-trading-how-to-get-started-how-to-win/
I have sets of friend that tried this couple of times but failure comes to them.
I will advice all the prospective trader to check your skills first before doing such because it is your money that will lose here not ours.
i guess on situation right now,days trading it seems not profitable, except u play on laverage trading or margin, i dont see any good chance on spot trading can make 3 or 5% profit,and also,since june,market moving so wildly, the best choice is holding or quick trading like scalping.
You are wrong because if you check the market you can see that the Ups and down is continuously happening and this is what traders need to make marginal profit.