- 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?
Cryptocurrency Day Trading Questions |
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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. 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. 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. Thank you for the value! Best of luck to you too. |
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