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Coinbase Day Trading
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davsey27 Offline
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Post: #1
Coinbase Day Trading
I started this thread for anyone who may be interested in helping me make some moves.I am new to coinbase and interested in cryptocurrency day trading.I am looking to make my first buy and sell today.Does anyone have any reccomendations?

Thank You
David
04-30-2020 05:27 PM
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kel Offline
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Post: #2
RE: Coinbase Day Trading
Sounds like a ritualized form of gambling to me, but good luck, let us know how it works.
04-30-2020 05:35 PM
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squiggly Offline
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Post: #3
RE: Coinbase Day Trading
Some people make money trading because lots of other people make money losing through trading. How can you make sure you are the former?
04-30-2020 05:42 PM
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davsey27 Offline
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Post: #4
RE: Coinbase Day Trading
(04-30-2020 05:35 PM)kel Wrote:  Sounds like a ritualized form of gambling to me, but good luck, let us know how it works.

Appreciate it man..I have an autoimmune condition and need to find a way to support myself.I can work with learning to listen about company's infos,news, fundamental analysis but the charts and technical analysis i can't handle with my brain condition. I am trying to help myself without needing to depend on social security.

Thanks fellas
04-30-2020 05:47 PM
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el buffalo
oilbreh Offline
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Post: #5
RE: Coinbase Day Trading
Make an account with coinbase pro, that way you can buy with a limit order and a lower fee than regular coinbase or try gemini. As for trading, every time frame of trading and every asset type will have different nuances. Even a nasdaq global vs nasdaq capital stock will behave differently. I don't suggest going into this expecting to pay your bills with it first year it will be too much metal pressure on top of a very mental game.

*Neg rep non-Flanders avi's on sight crew*
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04-30-2020 05:55 PM
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Repo Offline
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Post: #6
RE: Coinbase Day Trading
If you can’t handle technical analysis and charts, then sorry this ain’t it.
04-30-2020 05:57 PM
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davsey27 Offline
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Post: #7
RE: Coinbase Day Trading
any other ways of coming up with a quick 500?
04-30-2020 06:34 PM
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Mikeyd03 Offline
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Post: #8
RE: Coinbase Day Trading
If this isn't the most bullish thing I've seen all day....

@davsey I am not going to shoot down your idea of trading, but I think a lot of people get attracted to day trading because they look at it as a quick and easy way to make money. Trading is a mechanical process which requires the person trading to have a plan and a high level of discipline and patience. If you think you can take some losses and reflect and learn from that....then by all means go for it!

I would like to say that I think a better strategy for crypto is to accumulate and build positions in the projects you see potential in. Once you have built the desired position just sit back and be patient w/ a time horizon of 2-3 years. Keep us posted.
(This post was last modified: 04-30-2020 07:05 PM by Mikeyd03.)
04-30-2020 06:58 PM
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Repo Offline
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Post: #9
RE: Coinbase Day Trading
Ask family/friends for a loan? If there were quick easy ways to make 500 people would just do that a bunch of times and nobody would worry about money.
(This post was last modified: 04-30-2020 07:28 PM by Repo.)
04-30-2020 07:28 PM
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squiggly Offline
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Post: #10
RE: Coinbase Day Trading
Women don't need to ask this question Big Grin
04-30-2020 07:41 PM
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