How does one successfully daytrade? Is it worth it?

>>2225428
>buy 1 sat coin with future promise 3 years from now
>buy a shit ton
>shill on biz/elsewhere
>let price rise
>sell
>rinse and repeat

>>2225428
buy low, sell high

Enjoy filling out hundreds of transactions for taxes :^)

>>2225443
I think you mean buy low sell slightly less low hundreds of times.

>>2225428
nope

not at all worth it from my experience of going all in and trying it for ~2 years.

buy ICOs and hold for 1-5 years. that's by far the best tactic. fucking trust me. day trading is for losers. you ALWAYSSSSSSSSSSSSS fuck up eventually. ALWAYS and it could take like one month of what you built up. It's been done, mate. don't bother. be smart money. INVEST. don't ever trade. you CANNOT time this shit perfectly at all times.

>>2225459
Do burgers have to pay taxes on crypto?!

that's why you don't fucking all in every time dude

>>2225490
the problem is that the only reason I got interested in crypto is for possible short term gains. plus I don't have enough money to invest in the beginning that would guarantee the money I need in the end if I held, if you get what I mean

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>>2225495
Everyone does, unless you live in Zimbabwe

>>2225533
ale nie od kazdej transakcji kek

>>2225533
Bongs don't. The laws governning crypto are so wishy-washy and vague.

It does seem like the Americans here are maybe a bit eager to pay taxes on their crypto gains. There are likely plenty of legal ways to reduce them or even get out of them completely.

I would talk to an accountant before I did any cashing out.

>>2225495
Not everyone is getting into crypto to make a quick profit and cash out to rupees. Crypto is the future, not the lottery.

>>2225533
What are tax heavens?!

>>2225428
>How does one successfully daytrade? Is it worth it?

This is 2017.

Look on the NYSE floor. Look on the CME floor. They are empty.

If people on the floors don't have an advantage, you sure as hell don't.

If you get a doctorate from a top school in applied math or some field of use, you might be able to go to a hedge fund and work. Otherwise you are throwing money away and wasting your time.

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>>2225495
>Do burgers have to pay taxes on crypto?!
Yes of course. No one is safe...... except the Danish.

http://www.coindesk.com/denmark-declares-bitcoin-trades-tax-free/