Why is everything I read about day trading crypto so negative? Bitcoin seems to fluctuate 1-2% every few hours, using coinbase pro and only using limits, you get charged no fees as a market maker. I get holding CAN being more profit, but you never know when it will crash and all that profit will vanish.. day trading you keep your risk to 1%..
I get holding CAN being more profit, but you never know when it will crash and all that profit will vanish.. day trading you keep your risk to 1%.. I just started yesterday with 170$ in bitcoin. I lost out a bit on profit when the price dropped out of panic, but it almost always spikes back up.
There's plenty of different strategies to trading, you have a similar approach to myself, I prefer smaller percentage gains with more daily trades to minimize the risk. Most people try for larger margin trades, but when the market shifts it's easy to get burnt, high risk high reward.
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