Day Trading Bitcoin: Why 95% of Traders Lose Money and Fail

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·@cryptonized·
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Day Trading Bitcoin: Why 95% of Traders Lose Money and Fail
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#### [Day Trading Bitcoin: Why 95% of Traders Lose Money and Fail](https://cointelegraph.com/news/day-trading-bitcoin-why-95-of-traders-lose-money-and-fail)
> "Day trading, particularly Bitcoin, is a false promise of “easy money” for many reasons"

<sub>*Read more: [cointelegraph.com](https://cointelegraph.com/news/day-trading-bitcoin-why-95-of-traders-lose-money-and-fail)*</sub>

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## More news sources

#### [Bakkt Futures Launch is a Bust and Bitcoin Drops Below $10,000](https://nulltx.com/bakkt-futures-launch-is-a-bust-and-bitcoin-drops-below-10000/)
> Despite being met with a lot of enthusiasm and hype, it appears the overall interest in Bakkt and its products is simply not there right now. Very weak trading volume over the first 24 hours shows investors and speculators simply aren&#8217;t waiting for ...

<sub>*Read more: [nulltx.com](https://nulltx.com/bakkt-futures-launch-is-a-bust-and-bitcoin-drops-below-10000/)*</sub>

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#### [Germany’s No. 2 Exchange Launches Bitcoin Spot Trading](https://www.coindesk.com/germanys-no-2-exchange-launches-bitcoin-spot-trading)
> BSDEX is trading one pair -- the bitcoin/euro -- and will gradually open up to more retail and institutional investors.

<sub>*Read more: [www.coindesk.com](https://www.coindesk.com/germanys-no-2-exchange-launches-bitcoin-spot-trading)*</sub>

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#### [BTC Price Stays Below $10K Following Disappointing Bakkt Bitcoin Futures Launch](https://www.cryptoglobe.com/latest/2019/09/btc-price-stays-below-10k-following-disappointing-bakkt-bitcoin-futures-launch/)
> The very disappointing first day trading volume for Bakkt&#39;s physically settled Bitcoin futures (which launched on September 23) is helping to keep the Bitcoin (BTC) price below $10,000.

<sub>*Read more: [www.cryptoglobe.com](https://www.cryptoglobe.com/latest/2019/09/btc-price-stays-below-10k-following-disappointing-bakkt-bitcoin-futures-launch/)*</sub>

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#### [Bitcoin Cash Acceptance and Community Growth Ramp Up](https://news.bitcoin.com/bitcoin-cash-acceptance-and-community-growth-ramp-up/)
> Bitcoin Cash (BCH) adoption continues this week as there&#8217;s been a slew of announcements associated with BCH acceptance and activism. For instance, a massive electronic billboard in the middle of Tokyo displayed a huge BCH symbol indicating that Japa...

<sub>*Read more: [news.bitcoin.com](https://news.bitcoin.com/bitcoin-cash-acceptance-and-community-growth-ramp-up/)*</sub>

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## Other hot crypto news today
- [France: 25,000 Major Retail Stores to Accept Bitcoin in 2020](https://cointelegraph.com/news/france-25-000-major-retail-stores-to-accept-bitcoin-in-2020)
- [Kik Messaging App to Shut Down Following SEC Lawsuit Against ICO](https://www.coindesk.com/kik-messaging-app-to-shut-down-following-sec-lawsuit-against-ico)
- [Bakkt Trades 71 Bitcoin Futures Contracts in First 24 Hours](https://cointelegraph.com/news/bakkt-trades-71-bitcoin-futures-contracts-in-first-24-hours)
- [Report: Kik Considers Shutting Down Popular Messaging App](https://cointelegraph.com/news/report-kik-considers-shutting-down-popular-messaging-app)
- [Cisco Partners With SingularityNET on Decentralized Artificial Intelligence](https://cointelegraph.com/news/cisco-partners-with-singularitynet-on-decentralized-artificial-intelligence)
- [Japan’s Central Bank Chief Calls for International Effort on Libra Regulation](https://www.coindesk.com/japans-central-bank-chief-calls-for-international-effort-on-libra-regulation)
- [In Drunken Text, Kik CEO Threatens to Quit: ‘I’m Not Going to Jail for This’](https://www.coindesk.com/in-drunken-text-kik-ceo-threatens-to-quit-im-not-going-to-jail-for-this)
- [Bitcoin Network Hash Rate Mysteriously Flash Crashes by 40%](https://cointelegraph.com/news/bitcoin-network-hash-rate-mysteriously-flash-crashes-by-40)
- [Crypto Exchange Binance Awarded ISO Security Accreditation](https://www.coindesk.com/crypto-exchange-binance-awarded-iso-security-accreditation)



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