Post
Topic
Board Trading Discussion
Re: I'm thinking about trading. My name says it all.
by
pragna
on 16/09/2020, 14:47:35 UTC
Hello, everyone.

I did some research on trading cryptocurrencies, but I suppose it's better I get some input from experienced members here.
Here's the thing - I have a lot of free time on my hands. I'm thinking about buying a tiny amount (1.000 EUR or 1200 USD) worth of cryptocurrency (I'm leaning towards Ethereum or Bitcoin) and basically buying lower and selling higher throughout the day.

No, I don't expect to get rich from this. I simply need something to pass the time and if I can also make a profit off it, why not?

So I believe what I'm interested in is called "day trading". I have found numerous pros and cons regarding this method, but as I said, I want to engage in something on a daily basis, investing and holding on for a period of time is something I'm really not interested in.

I heard of Coinbase, Coinstats and Binance. Are there any other platforms worth looking into?

Thank you.

I think this is good thinking but problem is in day trading you need huge experience in crypto trading platform. Otherwise you whole investment will come to zero. Let's start some target coin like CUR, CTSI, DIA, SHENG, MKR etc from coin market cap and research them at least one week then you start your investment though this is very little time for day trading. So give your step very carefully.

thanks.