Daytrading

Does anyone here actually make money daytrading shitcoins? I feel like predicting the market is near impossible and basically same as gambling.

pic unrelated.

No, no one makes money here. We do it for fun.

correct. unlike the stock market, it's impossible to do any fundamental analysis because many of the coins have underlying value or current real world usage. the prices of the coins are greatly inflated due to speculation that crypto will see widespread adoption in the next couple of years. even if it does, only a handful of today's current altcoins will survive 3-5 years. right now, price fluctuation are based off of random pump and dumps that are impossible to predict. the people who have profited here are likely people who bought coins in march-may.

made money daytrading status and unbreakabke yesterday got a little to fancy and tried trading the smaller dips but its hard and i should of walked away sooner

I have turned an initial investment of $100 USD into $107 USD day trading crypto. I'd say the math speaks for itself.

so you wasted your time.

I've been doing it for a week while I work. Made $900 wagecucking during that time. $7 earned is still $7 earned tho.

I can't seem to time the market, what % gain do you guys usually take?

>got into crypto within the last few months
>missed the joke
>jesus fucking christ
just kill me now
this board is full of nothing but retards and suckers

I put in $18 last year, bought some servers and stuff with BTC to be anonymous, traded the leftovers, and now I have $263