Day trading or Long term - page 5. | Bitcointalksearch.org

OrangeII

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Quote from: Sakanwa on May 10, 2024, 09:59:25 AM

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.

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Quote from: casey15 on February 09, 2024, 07:50:23 AM

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

Holding and trading are two different things. With the right steps and investment in the right place profits can be made from both sectors. However I prefer trading from both options. But it must be on a long-term basis. Coin holdings must be targeted at potential currencies or the investment of both time and money will go down the drain.

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Quote from: Sophokles on May 10, 2024, 04:08:38 PM

You can not keep one above another as it depends on the person. Some investor has expertise on day trading so give them suggestion to hold their asset for long term won't work. Their expertise lies in somewhere else and they are good at it. It is all about making money so if someone is making money from Day trading or Long term holding its ok for them. If they are not making money from either of them then there is some problem with his trading risk management. Accusing a trading methods won't be reasonable.

Why would someone ever think of going for a long term trading when we are not even trading with upto $5 million dollar.
Trading in the market has different quality and big firms are able to trade for a long time in the market because they have the capital that could swallow and pull back and keep trading. For those of us that don't have a big capital, we can always trade with small capital to trade making some profits rather than going for a long term trade which can take up to 5 months in the market.

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You can not keep one above another as it depends on the person. Some investor has expertise on day trading so give them suggestion to hold their asset for long term won't work. Their expertise lies in somewhere else and they are good at it. It is all about making money so if someone is making money from Day trading or Long term holding its ok for them. If they are not making money from either of them then there is some problem with his trading risk management. Accusing a trading methods won't be reasonable.

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Quote from: Natsuu on May 07, 2024, 10:17:18 PM

I oppose to the general idea of this. Because Long term and Short Term trading just have the same of level of implied risk. You can both lose money. The only distinction between is the two is the time horizon of the trade. In long term trading or investing, it also will take you time to prove to you whether you are right or wrong. In day trading, the result is immediate.

That's why the type of trading or exposure you have in the market should be in line with traders personality. Regardless of how good he strategy is, if it does not resonate with the trader. It's more likely that they won't follow it.

It is true that long and short term trading both have risks in them and at different times. It's true that all of this takes time to prove. At least in the short term, the risk of losing money is much greater than in the long term. The most important thing in this case is that at least we don't make a mistake in choosing an asset. If we choose right, I think it will show in the future. In the world of trading, no matter how good your strategy is and the technical indicators you use, no one can guarantee that your strategy is perfect.

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Quote from: adpinbr on May 09, 2024, 07:46:24 PM

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

It all depends on your interests and abilities. some people don't have patience, and day trading may be better than long-term investments that will only stress their minds and quickly panic.
Before deciding, maybe he should try both first, or at least study both to see the potential and skills he has.

Quote from: Sakanwa on May 10, 2024, 09:59:25 AM

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.

You may think of day trading as gambling, so you try your luck even though in terms of actual skill you may not be ready.
Trading is not just about risk and your luck. There are many skills you must master to become a day trader.

Quote from: Sakanwa on May 10, 2024, 09:59:25 AM

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.

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.
Long-term investment is not zero risk or minimal risk. The risk will be quite large if you choose the wrong asset and plan your investment incorrectly. If you are wrong, you can choose an asset that the longer you keep it, the more it loses its value.

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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.

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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

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Quote from: pusaka on May 08, 2024, 01:23:16 PM

Quote from: G_Besar on May 08, 2024, 07:06:15 AM

Quote from: boyptc on May 06, 2024, 08:19:54 AM

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.

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.

To find on what kind of trading you would really be dealing on with then you are the ones who would really be tending to find out because each person does have that different capability and traits/behavior on which dealing up with an unpredictable market is something that could trigger out different mindset and different emotions on which it would really be something that could affect when it comes to decision making.

Its true that you could really be able to make involved on both things if you are really that be able to handle yourself on doing so. Short term or long term then it all matters on your preference.
Me too on which i have some bags for long term holds at the same time i do make out some short trades considering that i do have that enough capital plus the time that i could really make use on.
Actually it would really be just that a matter on how you would really be handling up your time and your finances since not all would really be on the same situation.
So decisions would really vary basing up with those factors.

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Quote from: G_Besar on May 08, 2024, 07:06:15 AM

Quote from: boyptc on May 06, 2024, 08:19:54 AM

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.

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.

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Quote from: G_Besar on May 08, 2024, 07:06:15 AM

Quote from: boyptc on May 06, 2024, 08:19:54 AM

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.

But instead, it will produce losses due to unexpected decision making which mostly cause by short market movement, there are instances that instead of keeping your assets, you quickly move it and sell it out thinking that the market is not good and will continue to expereince more downfall, and same with you, there are people who made it while practicing the virtue of keep holding,

those kinds of traders who choose to invest with time and not to allow fears to dominate inside them, with enough knowledge about the market they able to manifest with how the market is showing now, you just need to continue learning the proper process and find the right path to follow for your investment.

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Quote from: boyptc on May 06, 2024, 08:19:54 AM

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.

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Quote from: casey15 on February 09, 2024, 07:50:23 AM

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

What can you afford and what knowledge have you?

- Daytrading = Risky and needs enough capital to run and the outcome is based on your understanding
and knowledge to how and what to do.

- Long Term Holding = this needs not enough knowledge as long as you are investing at least in Bitcoin
or those high ranking coin that may not be dead for some years and more.

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Quote from: Justin999 on May 05, 2024, 07:44:29 PM

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

If it is a day-trading, it will not last 2 days, it must be concluded on that day, and that is why they call it such. But at times, it could last longer due to the mismanagement of the trader, but in this case, the initial intention was to day trade, but in the end, it lasted beyond it which is understandable, notwithstanding, it does not warrant day trading to last for 2 days, that was just an excessive trading of it.

Besides, whether it's a day-trading or long-term strategy, all that matters is the knowledge of the trader about it. Some day traders are good at it and so long-term traders are good at it, which is why you have to learn and train regarding what you learn about the two before you know the one that will be better for you as it will always vary among traders due to many factors attached to them and the time and plan of the trader towards trading.

However, if it is about the easier one, I go for the long-term trading, it is so convenient if I must say.

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Quote from: casey15 on February 09, 2024, 07:50:23 AM

Which do you prefer and think is better

Why not do it both? Keep some amount for long term holding and liquidate some portion of your crypto to do the day trading? In that way, you'll be able to earn in trading even if the market is bearish and you still have some crypto savings for long term investment that could result in big profit if the market pumps. I actually do this kind of strategy and sometimes the day trading gives me profit that I can be use for my expenses or needs and whenever I earn good profit I save a percentage of my weekly profit to my long term investment. In that way I managed to save more in my long term investment while still having profit from day trade.

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Quote from: Fiasem20 on May 07, 2024, 05:39:38 PM

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.

I oppose to the general idea of this. Because Long term and Short Term trading just have the same of level of implied risk. You can both lose money. The only distinction between is the two is the time horizon of the trade. In long term trading or investing, it also will take you time to prove to you whether you are right or wrong. In day trading, the result is immediate.

That's why the type of trading or exposure you have in the market should be in line with traders personality. Regardless of how good he strategy is, if it does not resonate with the trader. It's more likely that they won't follow it.

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Quote from: Ricardo11 on February 09, 2024, 03:31:12 PM

I think long term investment is better, as day trading comes with high risk. But the profit in day trading is also high. But in day trading, as there is profit, the possibility of loss is very high. In that case the investment is low-risk. If you can invest for the long term and hold for a long time, you can make a lot of money from the investment as well. Only the investment should be for long term. And never stop holding in panic. But you will be able to make a lot of money from holdings as well. I always hold using DCA method and I think long term investment is best.

in normal circumstances I know very well that in cryptocurrency investment the one that matters most is a investment that will give you profit and I know that a long-term investment is something that gives you profit is long-term investment, some people do invest in short-term investment and some persons like long-term investment due to the profits that is involved on it, I know very well that cryptocurrency investment is with targets if you really want to make a profit, if you want to make a profit in cryptocurrency make sure you invested for long term is due to they want profit

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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.

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Quote from: Kelward on May 06, 2024, 08:18:16 AM

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.

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.

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Quote from: Kelward on May 06, 2024, 08:18:16 AM

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.

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.

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