Quote from: Cling18 on October 16, 2022, 05:06:35 PM

Quote from: bitzizzix on October 16, 2022, 12:54:01 PM

Quote from: Ziskinberg on October 16, 2022, 12:34:53 PM

Quote from: mich on October 16, 2022, 04:38:02 AM

I strongly advise against seeking someone that has the expertise and knowledge on day trading crypto. Because the crypto market is very volatile and unpredictable, I think you are better off learning how to tell when the crypto market is in a bullish trend and just basically buy Bitcoin and HODL.

And also learn when is a bearish market to determine when is a good price to purchase crypto at the lowest price per coin.

It is a smart idea to start learning crypto now and stop relying on others because, during difficult times, they'll never help you. I know that these experts really exist but just like us, they also lose and make wrong decisions. Day trading in not just about earning a profit but losses are a part of it. But the good thing is that our bad experiences teach us to become strong and even more careful for the next round. Quitting is not the best option but rather make ourselves to deal the situation and accept it.

Even though there are true and profitable experts, I don't think it will be easy for them to tell and teach them because I believe these experts will not fully teach them as they are also struggling to find ways to be profitable. And to be honest, I don't really trust the experts if we look at the current market situation.
and now is not the right time to make money trading. Especially in day trading, in my opinion the possibility of getting a profit is very small and even then it is done with full time and high skills and also depends on how much capital is traded.
and the best way now is to buy when the price is low or do DCA when the trend is down, and all for the long term.

Even trading professionals fail and have losses in trading. The volatility of the market is unpredictable and not all analysis is accurate. We can't always rely on professionals because no one could predict the prices accurately with consistently. Applying the basics during confusion would be better than seeking for expert's opinion, especially during this bearish season.

Now market it will be very difficult to make profit by investing in any coin. However, you can trade in two ways, one is day trading and the other is long term trading. You can trade through these two methods. If you have a good idea about trading then you can trade and make profit.