Day Trading Cryptocurrency: Crypto Trading Strategies 101

by TradingStrategyGuides | Last updated Sep 29, 2019 | Advanced Training, Cryptocurrency Strategies, Indicator Strategies, Indicators | 0 comments

Would you like to learn day trading cryptocurrency and make a consistent $500 per day? We often hear about all the money you can make by day trading stocks. But what about crypto day trading? In today’s lesson, you’ll learn how to day trade cryptocurrency using our favorite crypto analysis tools.

Our team at Trading Strategy Guides is lucky to have over 50 years of combined day trading experience. We’re going to share with you what it takes to day trade for a living, and hopefully, by the end of this trading guide, you’ll know if you have what it takes to succeed in this business.

First and foremost, when day trading, it’s essential to have a structured approach and a rule-based strategy.

by TradingStrategyGuides | Last updated Sep 29, 2019 | Advanced Training, Cryptocurrency Strategies, Indicator Strategies, Indicators | 0 comments

Would you like to learn day trading cryptocurrency and make a consistent $500 per day? We often hear about all the money you can make by day trading stocks. But what about crypto day trading? In today’s lesson, you’ll learn how to day trade cryptocurrency using our favorite crypto analysis tools.

Our team at Trading Strategy Guides is lucky to have over 50 years of combined day trading experience. We’re going to share with you what it takes to day trade for a living, and hopefully, by the end of this trading guide, you’ll know if you have what it takes to succeed in this business.

First and foremost, when day trading, it’s essential to have a structured approach and a rule-based strategy.

So you’re thinking about leaving your job and becoming a full-time day trading cryptocurrency expert? Well before you do, I think you should read my guide first!

Day trading cryptocurrency isn’t for everyone and there is a lot to consider before you get started. In fact, it is estimated that almost 95% of all day traders eventually fail.

In my “Day Trading Cryptocurrency” guide, I am going to tell you everything you need to know.

Cryptocurrency is still in its infancy.

It first entered the tech scene as an idealistic notion: taking control away from big banks and governments and returning it to the people.

This would be accomplished by the creation of digital currency that could be secured via cryptographic methods and spent, peer-to-peer, without third-parties either taking a cut or tracking transactions.

That was the original vision for cryptocurrency, as laid out by the earliest so-called cypherpunks and the still-mysterious Bitcoin founder Satoshi Nakamoto.

Nakamoto’s creation, however, really entered the public consciousness when its price began to skyrocket. Bitcoin millionaires cropped up almost overnight as the coin surged in value, multiplying by many thousand percentage points over the course of just a few years.

This, then, was the new normal for cryptocurrency.

Day trading cryptocurrency has boomed in recent months.

High volatility and trading volume in cryptocurrencies suit day trading very well. Here we provide some tips for day trading crypto, including information on strategy, software and trading bots – as well as specific things new traders need to know, such as taxes or rules in certain markets.

We also list the top crypto brokers in 2019 and show how to compare brokers to find the best one for you.

Scared of missing out? Here is a quick plan to get you trading cryptocurrency quickly;

Congratulations, you are now a cryptocurrency trader! Remember, you can run through the purchase or sale of cryptocurrencies on a broker demo account. Unfortunately, you cannot practise on an exchange.

Trading crypto generally revolves around speculating on it’s price, rather than owning any of the actual coins.

by TradingStrategyGuides | Last updated Sep 29, 2019 | Advanced Training, Cryptocurrency Strategies, Indicator Strategies, Indicators | 0 comments

Would you like to learn day trading cryptocurrency and make a consistent $500 per day? We often hear about all the money you can make by day trading stocks. But what about crypto day trading? In today’s lesson, you’ll learn how to day trade cryptocurrency using our favorite crypto analysis tools.

Our team at Trading Strategy Guides is lucky to have over 50 years of combined day trading experience. We’re going to share with you what it takes to day trade for a living, and hopefully, by the end of this trading guide, you’ll know if you have what it takes to succeed in this business.

First and foremost, when day trading, it’s essential to have a structured approach and a rule-based strategy.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

This guide is designed to help day traders navigate the cryptocurrency marketwith control and confidence and is built on decades of experience garnered by DailyFX analysts and authors.

Paul Tudor Jones, the trader who predicted the 1987 stock market crash, famously observed: “The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.”

If you’re considering getting into day trading cryptocurrencies, you’ve chosen the right place to start trying to quench that thirst.

A day trader executes several trades per day.

He or she is the opposite of a HODLer.

For example, if you buy bitcoin in the morning, your aim is to sell it for a profit in less than a day – usually within a few hours or even minutes.

Day trading is diametrically different from HODLing, which is when you buy and hold a cryptocurrency because you feel it’s going to increase over a considerable period of time. It takes a sustained drop to put your initial investment at risk.

One reply on “Day Trading Cryptocurrency: Crypto Trading Strategies 101”

Day Trading Cryptocurrency: Crypto Trading Strategies 101

Rajarshi Mitra

Anyone who is remotely interested in learning about crypto has taken part in some form of trading. As it gets more and more mainstream attention, newer players want to enter the market and get their slice of the crypto pie. So, to help those people enter this exciting market, we have created this “Cryptocurrency Trading Guide.”

In this guide, we are going to take you through all the steps in order for you to become a crypto-trader. We will be going through the following sections:

So, you have some money that you want to invest. How are you going to go about it? The portals which connect our world to the crypto-worlds are called “exchanges.” There are a lot of exchanges out there, however, before you choose to invest in one, there are certain things you need to look out for.

A crypto-trader is someone who profits from short-term changes in the market price of cryptocurrencies, altcoins, and value tokens. The goal, of course, is to buy when prices are low and sell when they rise higher.

Trading can be lucrative, and many people have made fortunes doing it.

This article will reveal the five things you must understand if you want to become a successful crypto-trader.

A successful crypto-trader must understand the relationship between risk and reward. Risk management measures volatility and the likelihood of negative outcomes to a trade. However, a successful trader should never run away from risk because risk and potential returns are positively correlated.

Cryptocurrency trading involves speculating on price movements via a CFD trading account, or buying and selling the underlying coins via an exchange. Here you’ll find more information about cryptocurrency trading, how it works and what moves the markets.

Cryptocurrency trading is the act of speculating on cryptocurrency price movements via a CFD trading account, or buying and selling the underlying coins via an exchange.

CFDs trading are derivatives, which enable you to speculate on cryptocurrency price movements without taking ownership of the underlying coins. You can go long (‘buy’) if you think a cryptocurrency will rise in value, or short (‘sell’) if you think it will fall.

Both are leveraged products, meaning you only need to put up a small deposit – known as margin – to gain full exposure to the underlying market.

We use cookies to give you the best possible experience on our website. By continuing to browse this site, you give consent for cookies to be used. For more details, including how you can amend your preferences, please read our

Privacy Policy.

Reading time:
16 minutes

Cryptocurrencies have experienced huge, volatile price swings in recent years. Some crypto traders have thrived from this while others have not.

Get $10 worth of BTC free when you buy or sell $100 worth of crypto on Coinbase.

Our site is not officially associated with any brand or government entity.

Any mention of a brand or other trademarked entity is for the purposes of education, entertainment, or parody.

Neither CryptocurrencyFacts.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from CryptocurrencyFacts.com.

In other words, this is a website on the internet offering free information about cryptocurrency, this is not your accountant, lawyer, or fiduciary offering you professional tax, legal, or investment advice.

See our about page, legal and privacy page, and cookie policy for more disclaimers and information. 😀

We explain how to trade cryptocurrency for beginners.

So you’re thinking about leaving your job and becoming a full-time day trading cryptocurrency expert? Well before you do, I think you should read my guide first!

Day trading cryptocurrency isn’t for everyone and there is a lot to consider before you get started. In fact, it is estimated that almost 95% of all day traders eventually fail.

In my “Day Trading Cryptocurrency” guide, I am going to tell you everything you need to know.

One reply on “Day Trading Cryptocurrency: Crypto Trading Strategies 101”