Topic: Day trading or Long term - page 2. (Read 1556 times)

Day trading needs more technical analysis to make quick profit on a daily by monitoring the price volatility of the market.
Long term which is also referred to as holding.Holding requires patience and fundamental knowledge on the market.
Trading is more risky compared to holding.Traders are sometimes exposed to losses while investors are not exposed to losses all that because their coins are held for some months and years with the expectation that the price of the coin will offer huge return.

Holding is not for those who want a quick return on investment. Because holding usually requires a long wait. Holding is not suitable for those who want cash as cash has a correlation with short term trading whereas those who want big returns and are ready to hold for long term can be solid holders. A long-term holder can trade if he wants but a short-term trader cannot hold long-term if he wants. However, in the case of day trading or short term traders, making profit is not a very easy task. A long term trader on the other hand has a relatively easy task. Even if he does not have knowledge about various matters, he does not have to face any problem in the field of holding. Ultimately which direction a trader chooses is entirely up to him.

HODLING is less risky.

We have been holding for years and we're a real testament to it and that's why we're still doing it. You trade freely and do everything that you want to do.

But as you trade, don't forget about the importance of having your own holding that you're setting for the long term because it will bag you more profit.

Day trading is actually trading crypto coins, while keeping for long term is investment, so the former is short term and the latter is long term, so the better one depends on the preference of every individual. Although more people hodl which is investment than trading, because it's less risky compared to trading, but it can be boring just waiting for a very long time, even years to get the perfect ROI, where you can make as much in trading on a very short time, or lose everything. Trading is very technical and requires learning skills but investment doesn't need much skills to start, but it's important to hodl  reputable coins like Bitcoin.

Actually, it depends. If you can do a lot of research and you have enough time to do it, you may go for day trading. You won't make much by doing spot day trading if your capital is not big enough. But, if ou take leverage from exchanges, you are taking a risk of getting liquidated. Altcoins are better for day trade because alts move faster than Bitcoin. But, if you want to do long term trade, you should pick coins that are less volatile. BTC and ETH could be example. To be honest, I should say BTC only. Even though I do not trade much, still if you ask me to pick one option, I will choose Long term spot trading and I will pick BTC as currency.

Day trading is very profitable if you can do proper analysis and chart analysis to understand when a coin will pump and buy that coin at that time to earn profit. Although day trading is very profitable, it is very risky because there is a high chance of losing. But if you want to hold for long term, in this case you can expect to get profit if you invest in top coins and hold it for a long time. so in this case, the risk is a little less than day trading. so you can use whatever you afford because both are risky

The only time I might see day trading as a task is when I want to liquidate my coins and have to spot trade inorder to find a buyer. Besides this, long term investment in BTC is worth giving a try when there's a good DCA strategy to follow and being disciplined enough about doing so.
The volatility of BTC is even not as random as when trading altcoins and as such BTC long term investment has a better option on returns over day trading.

It depends. Usually day trading is more popular and for me, it takes 1/2 days to compete a trading base on altcoin circumstances. There are many altcoins what newly launched and sometime if you see that your project is getting pump continuously then i don't found any necessary to close your trade? Rather let it expand some more days right? I think this is how things works. But as crypto market is volatile, that's why can't execute trade for long and most of the time day trading perform better

Basically all traders come with the intention and goal of making a profit but there may be differences in terms of how to get it, some trade with short time frames and some do it by applying long-term planning using fundamental analysis, but for this problem I think it depends on the situation and conditions, simply put if for example you are very busy in your daily life with a lot of activities then yes maybe you can try to trade by applying long-term planning and take maximum profit at the end of the plan you made.

But if for example you are not too busy or have a lot of free time then yes there is nothing wrong with being a day trader using technical analysis, but maybe you really need to have very good risk management if you want to be a day trader because every day you will be in front of the monitor screen to analyze the market and open trading positions where there is a possibility of emotions when you experience losses and also quite a lot of other factors that can trigger problems, because not every day you can focus on analyzing, because usually from the experience I have there are always times when I am not focused because at certain times I have personal problems outside of trading matters that make me less than optimal in terms of analyzing and also that make me easily provoked emotions, but the rest is up to you because this is a choice.

It depends, sometimes it's beneficial to go with long term or sometimes focus on day trading. Holding might give you potential gain but ensure you're updated about the market and set stop loss properly to avoid huge losses, similarly when the market fluctuates heavily opportunity should be taken from day trading. Such as lately, BGB has gained 107% from its base price of $0.65 and achieved ATH of $1.35, a lot have taken benefit from it in the short term. Nowadays people prefer to rotate their portfolio according to market sentiment and utilise the perfect entry and exit option to earn from it.

I'm generally investor type, not a trades that much. But i think trades depends on time, news, potentiality, technical analysis and so on. And bese on that, you need to take decision. Some projects is suitable for day trading and you also found some projects that are for long term. But in Crypto market, i prefer day trading. Actually crypto market is different from other market. You can see a good pumping token today, will turn into the top losser project tomorrow. So need to take decision wisely

In both day trading and long-term, the objective of making profit remains the same. But those who day trade in hopes of making quick profits are basically wrong most of the time, and those who trade for a long period of time are more profitable most of the time. But here the objective of the investors remains the same, both of them expect more profit. Generally, in order to make a profit in day trading, an investor needs to have a specific idea about the market every day, and that idea should only be that of an experienced trader. Day trading is very risky even if there is a cash supply.

On the other hand those who are long term holders also have risk but comparatively much less than day trader. Market volatility has little effect on long-term holders. Gives long-term holders a special advantage in gaining knowledge about the trade.

In my opinion, a day trader has the hallmarks of being a long term trader.

For this, the apprentices should be well educated in trading education at the initial stage. For example if you try something over and over or learn something you will eventually become proficient at it. Likewise, the more you practice about trading, the more you will learn and experience. An experienced trader will never trade without market judgement. And you will see when a trader wants to start trading at the new initial stage he will buy and trade any coin without any judgment analysis thinking that he is going to profit from it. The apprentice will suffer losses instead of profiting from his trades.
It is normal to make profit or loss while trading. Everyone wants to make a profit from trading because this profit will depend a lot on the trader's personal experience and knowledge. If you have experience in trading, the amount of loss is less than the profit and if you invest or trade for a long term then you may have less chance of loss.

the whole point is either day trading or long-term trading. The whole point of going into trading is to make a profit, and the truth is that not everyone will make money out of trading so even if the purpose of starting is to make money, how many people can actually make the sacrifice of losing money and still be passionate about trading.  and if it is about long-term trading, there is not much difference between buying and holding until the price goes up.

it is all based on our understanding of Bitcoin. They have the same motive but different strategies, People who know how to actually handle the market will be able to easily make a profit from the market. Everything is risky,  but trading is more risky. compare to holding. but in a situation like this, people will go for the option with less risk.

While long-term investing certainly has its merits, I think it would be unfair to dismiss active day trading entirely.  Sure, the markets can humble even the most cocksure speculators.  But for those with the skill and stomach for it, riding those daily waves can prove quite lucrative. 

I know more than a few folks who do it for a living.  They've put in the hours to hone their instincts and discipline.  And they've enjoyed the fruits of their labor - nice cars big houses, exotic vacations and  im not saying it's easy money.  But I am saying it's possible money.

Ultimately, we all have to find the style best suited for us.  If you're a buy-and-hold investor content to let your coins mature over years, more power to you.  But if you live for the thrill of the hunt and the cut-and-thrust of the trading floor short-term speculation could provide the perfect outlet.

There are scores of paths to profit in these markets of ours. Why limit yourself to just one?

If you talk about profits, you will surely make from the both short term trading and long term trading, but the profits will not going to be equal because long term trading used to bring huge amount of profits than short term trading, which I have experienced that from both.

Despite what is happening in the market, long term traders will not be shaking because they know that the more you continue hodling, the more you begin to see the opportunity that will make them profit massively in the market.

Day trading required steady attention, if you want to be achieving profits from market daily because market price can change at anytime for you to earn from the day trading to prepare for another opportunity.

So far, I probably hold the assets I own more often, and this includes trading in the long term. However, it all actually depends on the circumstances. If I feel I have made a profit on the day I bought the coin, I will sell it. However, I think to get optimal profits, choosing long-term trading is the best. Apart from that, daily trading has greater risks than long-term trading.

Trading is always risky all traders want to know how to gain profit from trading. But trading will depend on the knowledge of investors with proper experience both day trading and long term will be good. Long term investors can benefit from lower tax rates on their gains. If an investment is held for more than one year before being sold the gain is considered a long term capital gain.

That's a good ratio.

If someone can't stop the itch to invest into altcoins because that's what you prefer and you like to buy them for the potential profit, no one is going to stop you with that.

There are preferences just as yours for buying the top 10 and there goes the ones that likes the newly launched and small caps.

I do not think doing both of them at the same time will be a good decision because you can confuse the two type of trading and you will not become a master of anyone. If you want to become a short term trader, you have to be trading in that way and if you want to master long term trading, you also have to be trading in that way. It is when you are trading and holding that you can do both and still master them because they are two different things that you are doing. Long term trading is similar to holding because you will be holding the coin for almost the same time that you would had been holding if you are investing and not trading. I feel it should not matter how will make profits as long we can make money from any of the ways of trading. Some people can make money from short term trading and for others it has to be long term trading for them to make profits.