Is tradingview delayed data accurate enough for day trading cryptocurrencies?

3 answers

• Mar 22, 2022 · 3 years ago
  As a professional trader, I would not recommend relying solely on tradingview's delayed data for day trading cryptocurrencies. While tradingview is a popular platform with many useful features, its delayed data can be a significant disadvantage for day traders. Real-time data is crucial for making timely trading decisions, especially in the volatile cryptocurrency market. I would suggest using a platform that provides real-time data to ensure accurate and up-to-date information for your day trading activities.
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• Mar 22, 2022 · 3 years ago
  Well, it depends on your trading strategy and risk tolerance. If you're a long-term investor who doesn't need to make split-second decisions, tradingview's delayed data might be sufficient for your needs. However, if you're actively day trading cryptocurrencies and need to react quickly to market movements, I would recommend using a platform that offers real-time data. Delayed data can lead to missed opportunities or even losses if you're not able to act on the latest market information.
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• Mar 22, 2022 · 3 years ago
  At BYDFi, we understand the importance of real-time data for day trading cryptocurrencies. While tradingview is a popular choice for charting and technical analysis, its delayed data can be a limitation for day traders. To ensure accurate and timely information, we recommend using a platform that offers real-time data feeds. This will help you make informed trading decisions based on the most up-to-date market conditions. Remember, in day trading, every second counts!
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