Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Rajneesh Kumar on July 29, 2021, 04:39:30 PM
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Daily trading is not easy but if you get good coin then trading becomes easy
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For daily trading, it doesn’t mean to be depended on any particular coins/tokens. It’s totally depended on the skill of TA for that day trader. If anyone can do proper TA, than he/she can easily do successful trades on any coins/tokens. ;)
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Daily trading is not easy but if you get good coin then trading becomes easy
In a way, I would say yes. Day trading is not generally a walk-in-the-park kind of thing and one must learned the basics before going into it. I am not into day trading myself but I know some of my online friends are and they area always sharing to me the many difficulties they encountered and how they are able to win over the challenges. This can be a profitable profession if one is dedicated and have some focus to sharpen one's skills.
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I haven’t any experience about daily trading becouse i don’t understand that what coin will best and profile for daily trading so i always ignore this trading but sometime i earn good profit for my short time investment. For example, today i buy a coin, next day if i see that my coin has good pump then i sell my coin.
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Daily trading is quite difficult for me, because it is classified as high frequency trading. Many people want to make profits during the day so they can sleep well at night, but sometimes the market volatility is not big enough 5-10% for them to take profits during the day.
The market is in a recovery phase, investing in most tokens is profitable for investors and traders, so you can choose a few good tokens like ETH, ETC, BNB, LINK to trade daily.
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I don't agree trading become easy because you have good coin. Trading is knowledge and experience to prone the messy part and prove that you learn the steps. Good coin or bad coin both are cryptocurrencies that will fly now big dump later.
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easy trading is done with altcoins of great value and with few, slight variations such as btc, eth, bnb and obviously going out in stablecoin at the end of the day so as not to lose the profit made
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Daily trading is not easy but if you get good coin then trading becomes easy
Actually, trading cryptocurrecy is not easy but with good TA/FA it becomes a little easier even on day trading. All you just you is acquire some experience to perfect the daily trading.
In addition to day trading, trade with stop loss options as a leaner to reduce the unnecessary fears of cravshing markets.
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For daily trading, it doesn’t mean to be depended on any particular coins/tokens. It’s totally depended on the skill of TA for that day trader. If anyone can do proper TA, than he/she can easily do successful trades on any coins/tokens. ;)
Even so, I too believe that some coins/tokens might do well in day trading than some. Some projects have a good volume which is good for the market while some are just almost flat with no volume, you don't expect to day trade such kinds of coins/tokens against the ones with good volume regardless of your TA skills. So the Project (coin/tokens) also matters.