I am curious if someone can answer this question for me...If someone has a bankroll of say $15000 so fairly small....If they wanted to trade bitcoin could they do the following..Could they trade say 20 coins in a trading day...So daytrade it? Lets say they are the maker and paying no fees....Could they scalp it and make $10 and $20 and $30 profit etc....and just keep trading it all day like normal stocks or futures? Or with bitcoin say at around $2500 would they only be able to trade it like 6 times and then have to wait a few days or something to trade it again....What if they want to trade it 50 times in a day? I know they say you need to get coins in a wallet but is that movement instant? Any comments appreciated...
There are no PDT rules on cryptos trading that I'm aware of at Poloniex or Bittrex so you can trade a hundred times round trips a day. Both sites have a maximum daily amount to withdraw unless you provide identity verification (KYC/AML). I just withdraw cryptos and never had to verify, and if it's over the daily amount, just wait for the next day. I personally have never had too much cryptos in an exchange as it's a personal choice.
I think the question that the OP wanted to ask is this: "Can a plumber open a $15K account and make a living by day-trading bitcoins, so that he never has to replace those stinky septic pipes ever again?"
Still pissed I missed the boat...best investment in history, could have got them damn coinz for nothing.
There's a current boat boarding. Better to focus on that one, instead of the one you missed. Otherwise, nothing changes.
Umm I dont really understand why you made that comment? It really doesnt help me... Just out of curiosity though and no I am not taking a shot at you...but what price was bit at when you first started saying bubble? Did you actually just call it recently when it hit 3k or long ago? Be honest. Tbh I have no clue about this donk... People saying it can go to a milly and others saying its going to 0.... One thing I know for sure its gonna be quite the shit show no matter where it goes...
Wow, thanks bud... Thats something really nice to say when you have no clue about who I am or how long I have been trading for or what I am trying to do... Appreciate the help.
It's a rhetorical statement, meant to focus on present opportunities where one has facility as opposed to the past which is bound to repeat by keeping attention on it. Having a futurist perspective exposes one to some likely and not-so-likely scenarios.