Post
Topic
Board Trading Discussion
Re: I'm thinking about trading. My name says it all.
by
Cryptolayman
on 15/09/2020, 16:06:33 UTC
Just in case someone suggests leverage platforms like bitmex or bybit I'd advise against it if you're just starting out.

For liquidity purposes, I think binance and coinbase PRO are going to be best for you to use. But I don't know how big a moves we get in bitcoin day trading and whether they'll be enough to cover the 1% trading fee (0.5% buy and 0.5% sell).



I appreciate the time you took to reply to me. I have thought about how the amount of daily profits would relate to the trading fees, I hope someone with more knowledge on this will chime in.

Daily trading is just my idea, if there are other methods that would require me to invest a couple of hours of my time per day, I'd be thrilled to hear them.

Thank you.