Topic: Day trading or Long term - page 4. (Read 2004 times)
I think that day trading is very important because it is possible to make very fast profits from day trading and you can make huge profits in few minutes or few hours if you want. If you have experience and have practiced day trading before then you can be successful, because it is a matter related to practice if you have not managed the practice then success can be delayed for you. To do well you must gain experience and conduct many types of practice. Then you can earn better than debt.
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.
Hodling and trading are two different things that can be done simultaneously by anyone, so people who have long-term plans for these two things must of course be able to throw away their worries while still carrying out these things. Moreover, now there is enough evidence from people who are still doing it as you say, so that people who haven't done it can have the enthusiasm to try it with quite a lot of confidence. Because sometimes being too afraid of the risk of loss will not produce more meaningful profits in anything.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.
Yes, if we are too afraid of risks then we will never make a profit, because every time we want to do something that fear will come to us and it might become an obstacle that in the end we never want to do it. However, we also have to be able to measure risks, what risks we can take and what kinds of risks we should not take. We must be able to adapt to the limits of our abilities, don't let it look like we are forcing ourselves in the end.
That said, many categories of traders exist in the market and I always advise that regardless of what anyone is doing or advising you to do, just have that learning and experience about the market so that you are well-informed and able to know the best style that suits your trading goal in relation to the kind of person you are. You can see that they are two different things (goal/purpose and your person) as the trading goal you have may not be good for the kind of person you are, so you do not have any choice but to adjust to the choice that fits you to avoid later issues. You can imagine the person who can't take huge risks and is even very protective of his money trying to make huge money in the shortest possible time. That person will only lose his money due to emotion and unreasonable risks as a result of fear, which is why we must study ourselves and what we can afford to do in the market without issues instead of believing that we can just fit in well in all trading styles and plans, No.
Also, long-term and short-term strategies can earn for gamblers, except that the long-term traders/investors are more patient and think better than the short-term traders/investors. Not that the short-term traders/investors don't think as well only that they are faster in their reasoning and decision making which often causes some mistakes. Above all, traders should go for the option that is convenient for them as the two are good and also depend on the time the trader has for the trading in addition to the points I've made so far. Those who do not have time should go for the long-term strategies to save more time.
Well to me, I prefer day reading just buying and keeping because you will know how to make daily income from your day-to-day trading thread is something that you need more focus and you understand different kind of reading than just buying and keeping trading gives me more strategies to acquire more bitcoin, I just prefer the trading than just buying and keeping
The preference of day trading or holding depends on the personal interest and people always focus on that thing which is profitable for them. From day trading you will getting daily income but everyone cannot do this because there are always risks associated with day trading as the market is unpredictable and can change in a matter of seconds.
I think if one cannot hold longer then he can buy and in a week or two if price goes higher then he can sell and this holding will just be for profit not keeping your asset for years. Holding should depend on your profit so if you find that now you will get revenue through selling then you can sell.
It all depends on one's knowledge, capacity, time, mastery and suitability. And long term in my opinion is a better alternative if you have another job or a permanent job, and for daily trading you inevitably have to be involved every day in the market to be able to make a profit. In my opinion, this is not an easy job. Because you really have to have experience to become a profitable day trader for at least 2-3 years after you experience several losses which will be used as experience and lessons, and only certain people can be truly successful with day trading because most of them finally gave up.
And apart from that, in terms of profit, security and comfort, it is also very far from long-term comparison. So it all depends on the person, because whatever the choice, daily or long-term trading will both produce good profits if you are with the right person.
Well, personally I also feel that daily trading is more difficult than long-term trading. What I mean is, when we do long-term trading, we really do an analysis of developments and how the coin we choose will rise. This makes us more confident and more relaxed in living our daily lives. Some people do long-term trading while doing DCA to increase the assets they own. However, for day trading, we need to spend quite a lot of time in trading because we need to focus, and quickly take profits. If we calculate it wrong, inevitably we have to sell at a loss, or we wait until the price returns to normal. And apart from that, in terms of profit, security and comfort, it is also very far from long-term comparison. So it all depends on the person, because whatever the choice, daily or long-term trading will both produce good profits if you are with the right person.
It all depends on one's knowledge, capacity, time, mastery and suitability. And long term in my opinion is a better alternative if you have another job or a permanent job, and for daily trading you inevitably have to be involved every day in the market to be able to make a profit. In my opinion, this is not an easy job. Because you really have to have experience to become a profitable day trader for at least 2-3 years after you experience several losses which will be used as experience and lessons, and only certain people can be truly successful with day trading because most of them finally gave up.
And apart from that, in terms of profit, security and comfort, it is also very far from long-term comparison. So it all depends on the person, because whatever the choice, daily or long-term trading will both produce good profits if you are with the right person.
And apart from that, in terms of profit, security and comfort, it is also very far from long-term comparison. So it all depends on the person, because whatever the choice, daily or long-term trading will both produce good profits if you are with the right person.
Well to me, I prefer day reading just buying and keeping because you will know how to make daily income from your day-to-day trading thread is something that you need more focus and you understand different kind of reading than just buying and keeping trading gives me more strategies to acquire more bitcoin, I just prefer the trading than just buying and keeping
So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
To be really honest, I think long term is the one which makes you more money but you won't notice it very soon.
Only when the market has pumped enough, which it does in the long run, you will notice a good spike in your portfolio.
Day trading involves a lot of hard work, patience, time and effort to make profits.
If you are dedicated enough and are passionate for day trading and want to see money rolling everyday only in that case opt for day trading.
Day trading require more time, expertise and discipline and consuming. The long term I guess you mean swing trading, though this depends on each individual as some like to trade to just make profit immediately probably after hours which is Day trading while others love to swing holding for weeks and months.
Day traders trade in those swings, while swingers just relax, so you choose according to what works for you. Swing trades are great, less consuming,gives you free time to do other stuffs, shades you from unnecessary losses.
Day traders trade in those swings, while swingers just relax, so you choose according to what works for you. Swing trades are great, less consuming,gives you free time to do other stuffs, shades you from unnecessary losses.
So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
In my experience, long term holding of good coins would yield you more profit resulting like multiple thousand times your initial investment. At least that had been on the recent history but it's not as fun as trading. A simple day trading can get you over 100% a year safely without taking any leverage. Trading is much fun as you see your idle coin also bring you some profit. There are profits and loss on day trading but if you have a strategy, you'd not lose in long run. I personally plan to do both but I'm more towards day trading that also give me thrills.
It would really be a tough choice considering with your preferences because each investor/trader will really be having that different mindset specially basing up into someones risks tolerance.
There might be those people who would really be loving on seeing profits in short time and this is why they do consider out on making some short term trades and so as with those long term ones which
they would really be holding up their position for long.
If you are in torn in between decisions then it would really be just that wise that you would really be needing to test up on which one fits up your taste and risk taking.
You would be able to find yourself on where you do find yourself that effective or something that you do well.
In my experience, long term holding of good coins would yield you more profit resulting like multiple thousand times your initial investment. At least that had been on the recent history but it's not as fun as trading. A simple day trading can get you over 100% a year safely without taking any leverage. Trading is much fun as you see your idle coin also bring you some profit. There are profits and loss on day trading but if you have a strategy, you'd not lose in long run. I personally plan to do both but I'm more towards day trading that also give me thrills.
Yes, bro, whether it's daily trading or long-term trading, it all depends on the technique we use. If we understand the science of trading, sometimes that's what makes us lose because we're too reckless in taking action so that the profit results become a loss result, because with us starting to venture into trading but we don't yet fully understand what action we have to take so that we make a profit, not a loss.There are coins that we can trade long term and there are also coins that we can trade daily, for example BTC coins are more profitable for us to take in the long term because profits can be many times the price we bought them, there are also coins that are profitable in the short term such as meme coins, even though they have increased slightly, with capital for example 10,000,000 you can make a profit of at least 50,000 to 100,000, in my opinion that is quite good for those of us who want to trade.
So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
In my experience, long term holding of good coins would yield you more profit resulting like multiple thousand times your initial investment. At least that had been on the recent history but it's not as fun as trading. A simple day trading can get you over 100% a year safely without taking any leverage. Trading is much fun as you see your idle coin also bring you some profit. There are profits and loss on day trading but if you have a strategy, you'd not lose in long run. I personally plan to do both but I'm more towards day trading that also give me thrills.
Everyone has their own view and base on that they could opt out between day trading or long term trading. But the main fact is, trading should be base on their asset. But in my view, long term is better cause thus a trader can analysis and calculate the market properly where short trem trading seems too quick to judge the market. But it also true that sometimes market gives us opportunity by doing day trading and I don't see any wrong if anyone wants to grab it
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.
Hodling and trading are two different things that can be done simultaneously by anyone, so people who have long-term plans for these two things must of course be able to throw away their worries while still carrying out these things. Moreover, now there is enough evidence from people who are still doing it as you say, so that people who haven't done it can have the enthusiasm to try it with quite a lot of confidence. Because sometimes being too afraid of the risk of loss will not produce more meaningful profits in anything.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.
Yes, if we are too afraid of risks then we will never make a profit, because every time we want to do something that fear will come to us and it might become an obstacle that in the end we never want to do it. However, we also have to be able to measure risks, what risks we can take and what kinds of risks we should not take. We must be able to adapt to the limits of our abilities, don't let it look like we are forcing ourselves in the end.
Investors must have patience. but that's not enough, they also make long-term investment plans. they don't just buy and hold, there is analysis done as well.
Yeah, obviously bro without any plan investment in the long term is just a bit more risky. Therefore, the investor has to set up a plan for the investment first because if an investor does not have a proper plan, from a long term perspective, he can lose. If you just think that buy and hodl can turn your investment into profit without any proper plan, then maybe you are making a big mistake. I would like to give a better example that in the ex bull run, when BTC made a new all time high, I did not make any plans; I just held that the price of BTC would surge further, but I was wrong because there was From ex-ATH, the price started to decline and in the bear market it went up to 17k, then all my profit was converted into a loss. Indeed, it was my fault that I did not make a plan of exit. So a long term investment plan is needed or else it can be lost.
Good point, if you set up your long term plan and once that target already acheived you can easily take that profits and begin to re-assess the market, with that kind of understanding you will be able to take advantage of the moving market, for some investors they've seperate their long and short term positions, as there's also open opportunities in terms of benefiting with this kind of unstable market, though there are investors and traders who loves to keep trusting the technology and up to far they still holding and still keeping their assets.
Taking advantage of moving market moments also requires a plan, right? As has been said, investment is not just a matter of buy and hold. there is a plan to buy when the market position goes down, and there is a plan to sell when the price rises according to our target.
Opportunities to gain profits will always be there, it all depends on how we manage existing opportunities into profits. Some beginners in trading are aware and learn technically in making trading or investment plans. but the problem is that sometimes they are not strong enough to handle pressure and panic very easily which results in them ruining their plans.
Hodling and trading are two different things that can be done simultaneously by anyone, so people who have long-term plans for these two things must of course be able to throw away their worries while still carrying out these things. Moreover, now there is enough evidence from people who are still doing it as you say, so that people who haven't done it can have the enthusiasm to try it with quite a lot of confidence. Because sometimes being too afraid of the risk of loss will not produce more meaningful profits in anything.
You are right that both can be done simultaneously, so if we have measured our abilities and we consider ourselves able to do both, then we can do it simultaneously. However, if we feel we have to choose one, it is also legal, that is up to us.Yes, if we are too afraid of risks then we will never make a profit, because every time we want to do something that fear will come to us and it might become an obstacle that in the end we never want to do it. However, we also have to be able to measure risks, what risks we can take and what kinds of risks we should not take. We must be able to adapt to the limits of our abilities, don't let it look like we are forcing ourselves in the end.
The second thing is affordability. You can only do both if you can afford to do it because you will need different budgets for both of these things, one budget will be used for long-term investments and the other will be used for short-term trades, and only someone who can afford to do that can get in both at once.
Investors must have patience. but that's not enough, they also make long-term investment plans. they don't just buy and hold, there is analysis done as well.
Yeah, obviously bro without any plan investment in the long term is just a bit more risky. Therefore, the investor has to set up a plan for the investment first because if an investor does not have a proper plan, from a long term perspective, he can lose. If you just think that buy and hodl can turn your investment into profit without any proper plan, then maybe you are making a big mistake. I would like to give a better example that in the ex bull run, when BTC made a new all time high, I did not make any plans; I just held that the price of BTC would surge further, but I was wrong because there was From ex-ATH, the price started to decline and in the bear market it went up to 17k, then all my profit was converted into a loss. Indeed, it was my fault that I did not make a plan of exit. So a long term investment plan is needed or else it can be lost.
Good point, if you set up your long term plan and once that target already acheived you can easily take that profits and begin to re-assess the market, with that kind of understanding you will be able to take advantage of the moving market, for some investors they've seperate their long and short term positions, as there's also open opportunities in terms of benefiting with this kind of unstable market, though there are investors and traders who loves to keep trusting the technology and up to far they still holding and still keeping their assets.
Investors must have patience. but that's not enough, they also make long-term investment plans. they don't just buy and hold, there is analysis done as well.
Yeah, obviously bro without any plan investment in the long term is just a bit more risky. Therefore, the investor has to set up a plan for the investment first because if an investor does not have a proper plan, from a long term perspective, he can lose. If you just think that buy and hodl can turn your investment into profit without any proper plan, then maybe you are making a big mistake. I would like to give a better example that in the ex bull run, when BTC made a new all time high, I did not make any plans; I just held that the price of BTC would surge further, but I was wrong because there was From ex-ATH, the price started to decline and in the bear market it went up to 17k, then all my profit was converted into a loss. Indeed, it was my fault that I did not make a plan of exit. So a long term investment plan is needed or else it can be lost.
Well I may not advise you and any but the only thing I will tell you is to do the right thing and follow the right, both is profitable and also have some tips to know, day trading give you profit daily and you learn too more because you follow the current new and you do know what is going on everyday about the coin you are trading, but long term is to wait for the time the coin will rise
Both are beneficial and as you are saying that day trading can give you profit on a daily basis then it will also be not wrong if we say that with day trading you will also lose money on a daily basis if your trade goes wrong.
Day trading requires more concentration whereas in long term holding you will wait for profit but your mind will also be free of stress while in day trading you have to visualize the cost of hold coin during every moment.
In my opinion it is better to wait longer for your profit instead of putting your money at risk while you are doing day trading but still every individual has his own concept.
But in terms of profit potential, of course, daily is the best if you have the ability rather than long-term, because as we know that the Crypto market is open 24 hours and we must be open to all forms of sentiment that affect a project on the market.
But for those who do not have good skills in day trading then it is better to take long-term steps to minimize risk.
It will be much better if you use both, one of which you collect daily profits and save in coins that you trust in the long run to keep your income better in long-term investments such as Bitcoin or ETH.
I have never prefered day trading before because of the high risk involved.I know some persons are using it to make enough money,but that's not my calling,the only time I wanted to try my luck,I saw that it wasn't okay for me,so I had to quit,but these days,I've been taking a critical look at it,to know if I can be good at it.
But long term investmest only requires patience,and there zero or less risk involved.This is why people even prefer long term trading to day trading.Therefore,long term trading is all I do,and would do as long as I'm into trading.
Well, everyone may have their own views, but I also think that day trading has high risks, and also minimal profits. I prefer long-term trading where I choose coins that have potential, and hold them for the long term. This also has less risk and high profit potential. With long-term trading too, I can increase my investment little by little. I think there are many advantages to long-term trading. Apart from that, I feel that short-term trading requires a lot of capital in a short time to get optimal profits.But long term investmest only requires patience,and there zero or less risk involved.This is why people even prefer long term trading to day trading.Therefore,long term trading is all I do,and would do as long as I'm into trading.
Well I may not advise you and any but the only thing I will tell you is to do the right thing and follow the right, both is profitable and also have some tips to know, day trading give you profit daily and you learn too more because you follow the current new and you do know what is going on everyday about the coin you are trading, but long term is to wait for the time the coin will rise
Both are beneficial and as you are saying that day trading can give you profit on a daily basis then it will also be not wrong if we say that with day trading you will also lose money on a daily basis if your trade goes wrong.
Day trading requires more concentration whereas in long term holding you will wait for profit but your mind will also be free of stress while in day trading you have to visualize the cost of hold coin during every moment.
In my opinion it is better to wait longer for your profit instead of putting your money at risk while you are doing day trading but still every individual has his own concept.
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