Is there someone successful on day trading with crypto?

[Gladitorcomeback]

All the day traders that I know are losing. You can see them telling you today that they won, they can be telling you many days or weeks that they are winning. But after sometimes they will said that they made a mistake and lost huge amount of money which is more than the money they started using to trade. Trading should not be daily or scalping, it should be for patient people that will know the right time to enter and leave the market.

Such mistakes are made by people entering the market, making a few trades, earning a few bucks, and thinking they have mastered it, and then they will make an investment in some shit coin or meme coin thinking they will earn a lot of profit shortly but they lose their money.

So, of course, trading isn't for the impatient and those who aren't knowledgeable enough about the market. Someone isn't supposed to rush into the market to start trading so that they can start earning money as quickly as possible because only those who take their time and enter the market after learning everything will get success in trading.

[Rubel007]

Yes, it's really very hard, I also did daily trading way back even before the pandemic, and it's like a see-saw for me. It's really unpredictable to make profits daily and even if you have a target almost 90% of the time I won't hit that profit margin.

So I just dump this whole idea and just focuses on more of a HODLer and doing DCA 2020 and moving forward. And it's not for everyone, I believed. Maybe I don't have the skills and the patience to remain in this game.

No one can guarantee profits for coin price movements, it's not easy to predict, but what makes it easier for me is that I won't enter the market when the price is still high, I will enter the market and buy coins when there is bad news that makes the coin price go down and will sell it when the price goes up.

A day trader is also known as a short term trader. A day trader must be more experienced than a typical or long term trader to make profit. He has to buy assets at a small margin and make profit by reselling those assets. When the market is bullish then any trader can easily make profit in the market but it is very difficult to gain profit by day trading during bearish time. Those who are day traders usually keep updates of the market. They do not underestimate any small event because the market depends on the financial, commercial or legal issues of the world leading countries world. Traders who make a profit from day trading must have more knowledge about the market.

[Jamal Aezaz]

It's true, doing daily trading will not be easy, sometimes market conditions do not match what we have analyzed using the various theories we have studied. Never trade futures because it is very dangerous, if you make a wrong prediction it will cause your assets to disappear instantly.

Daily trading will increase the risk and your loss will become easier because the market changes regularly and all the time the market is not as affordable as we wish. We can just read the market chart but what will happen is not guaranteed by visualizing the market chart.

The future is highly risky and everyone should avoid this type of trading and if someone wants to take huge profit quickly from future trading then they must keep in mind that it can also be a cause of your poor financial status in future.

[milewilda]

It's true, doing daily trading will not be easy, sometimes market conditions do not match what we have analyzed using the various theories we have studied. Never trade futures because it is very dangerous, if you make a wrong prediction it will cause your assets to disappear instantly.

Daily trading will increase the risk and your loss will become easier because the market changes regularly and all the time the market is not as affordable as we wish. We can just read the market chart but what will happen is not guaranteed by visualizing the market chart.

The future is highly risky and everyone should avoid this type of trading and if someone wants to take huge profit quickly from future trading then they must keep in mind that it can also be a cause of your poor financial status in future.

This is why skills would really be that relevant if ever you would really be tending to deal up with the unpredictable space on more active manner because of that extreme volatility on which everyone is really that trying out to survive. If you are that someone who can be able to bare up with those movements and the risks involved then good for you but majority isnt someone who would really be able to bare up with the risks but instead they would really be that tending to make out some swing or trend kind of trades but of course it would really be just that depending on you since
not all would really be on such similar situation.

[Vx1]

I think many people are successful from daily trading in the crypto market, we all know that in crypto trading there are things called daily trading and long-term trading. 
Of course there are some professional traders who choose daily trading, and they certainly understand how to manage their daily trading so that they get a lot of profits.

[pacar_tiri]

I think many people are successful from daily trading in the crypto market, we all know that in crypto trading there are things called daily trading and long-term trading. 
Of course there are some professional traders who choose daily trading, and they certainly understand how to manage their daily trading so that they get a lot of profits.

Not everyone can be successful when doing daily trading on the cryptocurrency market, those who do so sometimes accidentally manage to make a profit from some of the altcoins they distribute, so that potential profits will occur in every altcoin we buy. As long as we have a lot of capital, it will be easier to make a profit every day.

[Vx1]

I think many people are successful from daily trading in the crypto market, we all know that in crypto trading there are things called daily trading and long-term trading. 
Of course there are some professional traders who choose daily trading, and they certainly understand how to manage their daily trading so that they get a lot of profits.

Not everyone can be successful when doing daily trading on the cryptocurrency market, those who do so sometimes accidentally manage to make a profit from some of the altcoins they distribute, so that potential profits will occur in every altcoin we buy. As long as we have a lot of capital, it will be easier to make a profit every day.

I agree, capital is indeed a big factor when we trade crypto. Whether it's daily trading or long-term trading, because with large capital we can choose many coins that we buy. And the more coins we have, the potential profits we will get are also very large.