crypto currency day trading?

Can you day trade cryptocurrency has anyone made any big money?

Can you day trade cryptocurrency has anyone made any big money?

03-12-2018, 07:37 AM

fuccumeen Wrote: Can you day trade cryptocurrency has anyone made any big money?

Yes i made money i actualy doubled my money but before that i lost a lot day trading until i started holding until then only i mae some amount!!
I don't say don't trade at all but of you arenew don't over trade and keep the biggest percentge in long term holding because it's the most secure way to make money!!

I think day trade with crypto is like with stocks - it involves a lot of risk and you have to stay aware 100% of the time to sell at the right time. Like wassou93 said, the best way is long term.

Yes i made money i actualy doubled my money but before that i lost a lot day trading until i started holding until then only i mae some amount!!
I don't say don't trade at all but of you are new don't over trade and keep the biggest percentge in long term holding because it's the most secure way to make money!!

You absolutely can, but you need to stay committed to it. It's incredibly similar to day trading on the stock market, you need to stay vigilant and watch everything you can.
I used to day trade cryptocurrencies about two or three years ago to make more money off of mining. I would mine an alternate coin I thought would increase in value, and I 'd trade it around with other alternate coins until I could make my way up to a fair amount of BTC. I often doubled, tripled, and sometimes even quadrupled the amount that I had made from mining. Of course, it was never a large amount but if you can do it with small margins it's absolutely possible to do it in large trades.
To give an idea, I probably made about $50 every time I would trade up to BTC. I would trade through up to 10 different coins and would eventually trade it into BTC once I was satisfied with the return.

i bought in the past 2000 bitcoins... and lost it haha

03-12-2018, 07:37 AM

fuccumeen Wrote: Can you day trade cryptocurrency has anyone made any big money?

No money at all btc is all down lol

It's like pure gambling, whoever tells you otherwise is either lying or don't know what's he talking about...

03-12-2018, 07:37 AM

fuccumeen Wrote: Can you day trade cryptocurrency has anyone made any big money?

Nice