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How can I start day trading crypto and make consistent profits?

avatardivadDec 19, 2021 · 3 years ago1 answers

I'm interested in getting started with day trading cryptocurrency and I want to know how I can make consistent profits. Can you provide some guidance on how to get started and what strategies I should consider?

How can I start day trading crypto and make consistent profits?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    At BYDFi, we believe in a long-term approach to crypto trading. While day trading can be profitable, it requires constant monitoring and can be stressful. Instead, consider investing in cryptocurrencies with strong fundamentals and long-term growth potential. This approach involves researching and selecting promising projects, diversifying your portfolio, and holding your investments for the long term. By focusing on quality projects and avoiding short-term price fluctuations, you can potentially achieve consistent profits over time. Remember to always do your own research and consult with a financial advisor before making any investment decisions.