Can You Day Trade Crypto Reddit. On december 31st, 10% harder to mine! Crypto exchanges are perfect for day traders and scalpers to capitalize on the volatile market and take advantage of small price movements throughout the day.
25, a redditor with the moniker “thecooldoc” revealed that paypal has permanently banned his account for day trading crypto. Since the crypto market is a relatively new asset class, it has led to significant price swings. The industry can be a handful.
For example, if you bought ethereum at a price of $700, you could set yourself a stop loss of 10%.
Doing this many times over the course of the trading day is how you win here. On feb 10th, another 4.25% harder to mine. Place a crypto day trade. I am all too familiar with buying high and selling low.