Is day trading profitable or just a waste of time?

[Alexander001 0]

Profit or not it depend on the price of movement from the coins which you trade so it can be profitable but possible too will lost and for me donot stick to daily traiding. It is all bro

[Sapdrx 469]

I've tried it several times but I think I need some more education first before becoming a profit making day trader. So far I'm more convenient with investing for a longer term.

[Beromnia 733]

Welcome with me
I advise you to continue in the daily trading, you will gain a great experience in knowing the insights and techniques of trading
Trading is generally profitable, sometimes the loss comes

[jacker 1095]

For experienced people who know how to trade daily trading will be a way to make a profit, but I'm not sure for everyone, because this is quite risky.

[hamadahajali 394]

Think with me if you could make a 2% profit per day without loss and your capital was $ 1,000. How much would your profit be after 30 days? Here you will find the answer to your question

[alexisfuentes 2130]

The trader is a matter of long term you can have a few bad days but at the end of the month your income ends in a positive balance. Even sometimes you neither win nor lose.

 

Daily trade is not for everyone, or at least you should start to gain experience and experience requires time and investment, so just set an action plan and get it going. Then analyze your results.
 

[kare 105]

On 10/2/2019 at 1:44 PM, BTCmooping said:

Currently I have been trading on part-time basis because of my current job. Some days ago I meant with an old friend who told me that; daily trading has ability make me a passive income than anything. Although, I have be practicing my day trading with a minimal gain compared to what he told me about daily trade. 

Have you get into day trade or just a part-time trader like me before? Would you advise me to keep to day trading?

My friend just keep on doing what you are doing because time will come when it's going to pay you so much that you expected because even I like day trading too because it gives you some little experience in trading.

[phizusiki 239]

On 10/9/2019 at 1:18 AM, Emma said:

it is depending in your experience. if you have a great command on crypto then day trading can.be profitable for you. so you need to increase your experience first

Intraday trading is a great way to make money on price trades. The only rule is to buy low and sell high. Be sure to research money before you jump in. Please be patient. Follow the volume.

[abderaouf 2]

On 10/2/2019 at 2:44 PM, BTCmooping said:

 

Have you get into day trade or just a part-time trader like me before? Would you advise me to keep to day trading?

 

[Afrizal rahman 2636]

I only trade part time. Because if I do it every day, I'm confused about managing my time. Indeed, sometimes I try to trade daily, but even in my spare time I do it.

[phizusiki 239]

On 10/3/2019 at 2:23 AM, cryptosix said:

For making millions people just use their pocket money to  scam others, I mean just like I CO's where  they started with little or some monies and then they closed their doors without telling anything to member.

Everything has costs and profit rates. To make millions of dollars, you need to have a decent investment that they already have. Also taking risks is a big thing, investing in knowledge is a must. Correct penny to make a trading day. Make the right decision in selling and buying prices.

[feitiodist 5]

It might be a squander of time and coins, because it had been once you don't know how to trade, you may win, learn and be beneficial with a suitable arrange.

[noor job boy 77]

In my opinion you can easily make money by dating here you will never waste time. because I could tell you that day trading is definitely profitable.

[Ashkwik 122]

On 10/2/2019 at 6:48 PM, xBDT Script said:

I am not very good at trading so I am not a millionaire yet from trade but this is something I always fascinated. It's easy to say buy low and sell high  but no one actually know when it is the lowest and when it is the highest.

A side note: I tried trading and investing in ICO and I lost 80% of my btc holding 😏

Yes you are right your point of view on the subject matter is understandable I agree with you no one actually know when it is the lowest and when it is highest.

[dewita 12]

trading in a daily time frame is very profitable because the benefits we get are very fast and there are many recommendations for beginners to trade daily
 

[Brushless4500KV 4214]

5 hours ago, bustkuaj said:

I used to think daily trading is a waste of time, but not, if you have good knowledge and good analytics, daily trading is profitable, it's just not much.

It can be up to 200% profitable in some special occasions. But on average, day trading can get you around 20% profit in each day. Unlike what its name suggests, day trading may not bring you profit in all days because it depends on the status of the coins and their values on a particular day. For example, you may sell LTC for profit one day but you have to wait three days to sell Dash for profit. I usually earn profit at least 3 times a week by trading daily.

[Rifade01 6]

Trade makes money every time, but it is different from person to person.  You should be careful before buying and selling any currency.  However, making money is profitable.

[Whydoyoucare 1094]

For me day trading is profitable its just depend on the person doing it because if you are a wise person day trading will be good enough for you to make profit.

[phizusiki 239]

On 10/22/2019 at 1:34 PM, Promil said:

Trading is one of the most lucrative and profitable money earnign media, but day trading is too risky to get some, I think If you are lucky enough then Day trading would be suitable for you. otherwise you should avoid this segment.

Maybe someone or some people involved in many of these hacks are working from within. Of course this is just a doubt but I think many people share this doubt of mine. You need to increase your experience first

[Eshika afreen 6]

It can be profitable on not profitable. Its totally depends on you. How much effect you are giving on this and how  you are doing with is main to earn. You have to learn more about this to make profit more and more.

[Ahillya 62]

On 10/2/2019 at 6:50 PM, BullRunBit said:

First I must to give comment for this, millionaires really man? How much they invest if they become millionaires? 😀

I start day trading before and give up not because it's not profitable than lot of things you need to count.

- It's  very stressful

- You get small percent, which means if you want larges profit you must to have big investment

- You must to track chart all time, to catch better price (I recommend to use some app with alert)

Conclusion, yes it's profitable but you must to have big investment if you have small you will be full of stress with small percent profit that is all.

It all depends ur trading strategy and also ur luck and the price analysis of the market coins. Be well focused and have a careful look on the market... whether it's rising or falling... Then devise a strategy and then execute it.  I hope that this will surely bring day profit & won't be  a waste of time.

[phizusiki 239]

On 11/2/2019 at 12:12 AM, leon said:

day trading is very profitable. many people become successful by this method. but I'm a part time trader like you. I do not know the technic of this method. that's why I am a part time trader

You just need to identify and you will also earn a good income from cryptocurrency trading, cryptocurrency trading is one of the most profitable forms of trading, it does not waste time. you'll be profitable otherwise you waste your time and your money, so first we need to know how to trade

[guatazoo 7150]

1 hour ago, siokierai said:

is way better week after week exchanging day exchanging is more hazardous since numerous coins in days isn't to much move.

If a day trade fails for all week it would be a week trade, I just trade whenever you smell profit, wherethe a week a day or 2.

[cryptousd20 141]

Daily trading is somewhat profitable, but you must have experience in the field and depend on your trading style, whether it is daily, monthly or more, but the best strategy at any time is the areas of supply and demand.

[Seedra 222]

On 02.10.2019 at 16:20, BullRunBit said:

First I must to give comment for this, millionaires really man? How much they invest if they become millionaires? 😀

I start day trading before and give up not because it's not profitable than lot of things you need to count.

- It's  very stressful

- You get small percent, which means if you want larges profit you must to have big investment

- You must to track chart all time, to catch better price (I recommend to use some app with alert)

Conclusion, yes it's profitable but you must to have big investment if you have small you will be full of stress with small percent profit that is all.

Hi..i agree with you that you have to do alot while you get few..but infact..day by day you can collect big amount..you have to be so patient to continue your trip here..hope you the best always