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7342360 No.7342360 [Reply] [Original]

I love daytrading in bear markets. Yes im poor but at least im still up in btc. Reaching that 1 btc goal is getting closer.

>> No.7342592

>>7342360
pretty lucky desu.

>> No.7342837

>>7342592
Just daytrade and make 2-10% a day. And dont get greedy! Im trading KCS and NEO

>> No.7343024
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7343024

>>7342360
Please help me understand this; when you're daytrading a crypto, basically what you're doing is swingtrading, yes? Are you trading BTC/USD on some exchange? If so, which exchange? I want to start daytrading eth but not sure where to

>> No.7343414
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7343414

>>7343024
Get a feel for a graph. Buy on the red, if its going lower, set a lower buy order. Then sell at what you think will hit your order, I try to aim at 8-10%. If I log in and I'm at 5% I take it.

>swing trading
I guess I do swing trading but I exit less in less than 24 hours to ETH. Daytrading, traditionally, is more fast-paced. I wait for downturns and sell on the upturns. Depends on the coin your trading too, if its not utter shit it gets bought up when oversold. RSI helps as well.

>> No.7343907

>>7343414
I'm reading a few trading books right now but what I don't understand with crypto daytrading is how I would secure my trades once I'm out of the crypto I'm trading at that moment? I mean if I trade fiat then when I exit my position I'll just end up with either a profit or loss of, say USD, on my account - BTC seems to be bringing the whole market down with it so how are my profits safe after I exit my position? Surely I can't exit into fiat after every trade? I really feel like I'm missing something here

>> No.7343949

>>7343907
Honestly, NEO was the only thing he could have done it with. It's a separate blockchain.

>> No.7344855

>>7343907
My goal has always been too accumulate sats/ethers. So in that sense my fiat gain is not secured but my btc/eth value is.

>> No.7345089
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7345089

>>7343907
you can either work to increase your amount of Bitcoin or trade out to Tether

>> No.7345594

I've been swing trading too 2-5% but my eyes are getting fatigued and risking my capital for such low gains compared to 1 month ago sucks