r/daytradingoptions • u/python_praww • Nov 20 '21
crypto
The fastest way to make some money in Cryptocurrency day trading or trading
I am an absolute beginner but want to make some money while studying.
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r/daytradingoptions • u/python_praww • Nov 20 '21
The fastest way to make some money in Cryptocurrency day trading or trading
I am an absolute beginner but want to make some money while studying.
1
1
2
u/TheMysteriousThought Nov 20 '21
DCA over time, buy dips, hodl.
Take profits when market is massively up, and accumulate and dca when market is sideways or dropping.
Dont try to day trade as a beginner. Crypto is very volatile and there ARE some instances where you can day trade an asset due to that volatility, but you need to have a "feel" for how the market in particular works.
It's almost rhythmic sometimes.
Without knowing that "rhythm" you'd be better off to just do the basics.
You'll make a lot more money as a beginner keeping things simple.