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While most people don't suggest day trading, I say give it a shot

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by COINS NEWS 219 Views

First of all, you'll probably learn something. Second, it's fun as hell.

First rule still applies though. Never more than you're willing to lose.

No, I did not make money day trading. I made all the mistakes one expects from a novice trader. I started in 2018, smack down in the start of the bear market. I also got attached to some coins. I made some good trades, some good arbitrage deals (especially with Nano) then blew almost all of it on a single trade (scam coin called PRL). Didn't set up my stop loss orders. All the bad moves.

Would I do it all again? You betcha. I learned so much about the technical side of it. MACD and RSI are things you should know of, even if you don't day trade for a living. And I had so much fun. Chasing those 1% gains on a single trade is a hoot. Sure it's similar to gambling (it's crypto after all) but if you don't have an addictive nature, you'll have a blast.

submitted by /u/giddyup281
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