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Cryptocurrency Day Trading Questions

  • What is the best cryptocurrency to buy/sell daily?

  • What factor makes a cryptocurrency more efficient for day-trading?

  • Is it a thing to place the stop-loss option at the same amount invested? (0% risk of loss)

  • How long would it take to develop the necessary experience in order to count on day trading as a full-time job?

  • Can I set up a bot for day-trading?
Sounds weird but your best bet is to get a day trading handbook. Most people here would consider this mentoring or a handout of useful information. Day trading is a recipe and just like a recipe it won't be passed down easily. There are tons of books one of which I had purchased on Amazon that are extremely helpful and insightful.

Day trading applies to most crypto as it's main focus is around BLSH (buy-low, sell-high). Without a large amount of funds to begin with you cannot really make a full-time job out of trading as the amount you will make per day depends on the total amount you are trading on a daily basis, some days may even be a loss (if you don't know what you're doing or mistakes are made).

And your last question, yes.
(Sep 20, 2021 09:40 AM)Envy Wrote:  Sounds weird but your best bet is to get a day trading handbook. Most people here would consider this mentoring or a handout of useful information. Day trading is a recipe and just like a recipe it won't be passed down easily. There are tons of books one of which I had purchased on Amazon that are extremely helpful and insightful.

Day trading applies to most crypto as it's main focus is around BLSH (buy-low, sell-high). Without a large amount of funds to begin with you cannot really make a full-time job out of trading as the amount you will make per day depends on the total amount you are trading on a daily basis, some days may even be a loss (if you don't know what you're doing or mistakes are made).

And your last question, yes.

Thank you for the value.

Regarding the trading bot, do you have any leads or advice on how I can get started?
(Sep 20, 2021 02:17 PM)V3R3BOT Wrote:  Thank you for the value.

Regarding the trading bot, do you have any leads or advice on how I can get started?

I can share with you the one I use.

IMO best in terms of ease, UI is very clean and the platform itself is supportive. Best of luck!
(Sep 20, 2021 04:24 PM)Envy Wrote:  I can share with you the one I use.

IMO best in terms of ease, UI is very clean and the platform itself is supportive. Best of luck!

Thank you for the value! Best of luck to you too.


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