Daily trade Vs long trade - page 10.

bitbunnny

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Quote from: bitcoin31 on March 31, 2019, 11:25:54 AM

To the people are willing to trade and you started as newbie I think purchasing coin is good and you will hold it for longterm because your knowledge is not like to me or to us who have lot of experienced in this fields and because if you are choosing daily trade possible you lose your money.

Daily trading is much more risky and not only for newbies but for experienced traders too. It could be more profitable than long term trading but it's not for everyone,it's time consuming and takes a lot of dedication, knowledge and experience. So long term trading would be my suggestion, at least for the begininig until you gain some self confidence and experience.

Korkorjkk

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I will say go for long trades instead of the day trading. It is kind of tricky, after selling your coins then you realize you should have waited a while before selling. As for the long term trade, you set a specific target for a coin before you sell it.

Noilee

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Quote from: MKH on October 09, 2018, 01:55:58 PM

I think long term trade is better than short term because trading is too much risky to all, so before starting trade you must have well knowledge about trading otherwise you will fall in loss. You may try to buy low rate and hold it until pump or reach new value..

I agree, a long trade is best especially if you are a newbie traders. Because you are not too worried, and you can think well if what your next step. But its base on you if what skills do you have. But the best is just study both, so that you dont need to choose if whichever you want.

Best Dreams

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Quote from: maxreish on March 30, 2019, 10:58:17 PM

As a newbie, it is better if you'll prefer some long trading. It is less risky and the profits are bigger than short trading. In fact, you will just sit back and watch the market to grow at your desire price before selling it.

According to my experience it is good to trade for long term because now a day price is low if you will purchase some coin at low price for trading then selling it so early is a mistake, try to trade only when the price will be high, so for this you will have to wait for long term it is much better if you make place for long term trading because it reduces the risk of lose.

KlepZ

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Yes, until your size starts moving the market too much. Straight up, if you can do it, it is more profitable. Even discouting leverage, it is more profitable because of higher volume and faster compounding as a result. Just look at HFT. In practice, it may not turn out that way. Day trading is more work and more emotional. There's more short term pressure to perform. It's harder to be consistent. For many, these disadvantages make day trading unprofitable.

bitcoin31

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To the people are willing to trade and you started as newbie I think purchasing coin is good and you will hold it for longterm because your knowledge is not like to me or to us who have lot of experienced in this fields and because if you are choosing daily trade possible you lose your money.

mrdeposit

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Quote from: sachdientugoogle on March 28, 2019, 12:55:01 PM

Look at the strong support and resistance. It is almost certainly going to test the lows at 3200 in the next couple of months. I'm doing in big time as soon as it nears 3000. Waiting any longer for lower is very risky.

This depends on your tactic. On the contrary, there are many trader who choose short-term trade. We do not know when and how long term trade will result and I suggest evaluate opportunities in right time.

Distinctin

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Quote from: thinkright on March 31, 2019, 07:07:40 AM

It's best if you study more and through it, you going to get guided to which style of trade suits you. Choosing between these is a matter of priorities, preferences, knowledge etc. As you are a newbie you could start with long-term trade using price action and basic technical analysis.

I completely agree with you, different kind of trade, different approach needed.
And for anyone that is aiming for success, he has to put some time and best effort to learn and improve, when you figure out and made profit
already, just focus on it. Let's say I'm good in day trading, then I should not do long trade anymore, I can still make the same money doing long trade.

thinkright

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It's best if you study more and through it, you going to get guided to which style of trade suits you. Choosing between these is a matter of priorities, preferences, knowledge etc. As you are a newbie you could start with long-term trade using price action and basic technical analysis.

Aivaryamal

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When the market is in flet, you can trade daily and get a small profit and part of the deposit should be left for a long time, this strategy will help to get much more income

maxreish

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As a newbie, it is better if you'll prefer some long trading. It is less risky and the profits are bigger than short trading. In fact, you will just sit back and watch the market to grow at your desire price before selling it.

Idrisu

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Quote from: btcyoda on March 28, 2019, 11:46:59 AM

It completely depend upon the situation if the market and situation of the coin we choose in the market. Potential coin will need to wait for long term because we don't see any profit in short term but people who hold it long term will get most profits.

That is truth, considering what has happened in the past. We still remember when bitcoin was around 27$ and those that were able to buy then and hold till now are now in money. If you want to invest in cryptocurrencies has long term in mind.

semobo

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Quote from: dat.ho12492 on March 28, 2019, 08:28:47 AM

Quote from: semobo on March 28, 2019, 05:48:29 AM

Quote from: richcorner100 on February 20, 2019, 09:28:11 PM

Long trade is more easy and we can spend less times for that, and also long trade can be more profitable because all altcoin was going down to more than 90% so if the price going up again to the highest we have possibility to make profit 20 to 100 times. Just make sure choose crypto that have good fundamental and live product.

Based on how long we are going to hold it but I won't say long term trading is more profitable,day trading can produce lot of projects but there is high risk in it so it is upto the pwrson who want to trade based on the risk or most profitable.

It is difficult to compare these two strategies together because each market situation will be a different strategy, applying that strategy will create different effects and results, so we cannot guarantee that the profit in any strategy is higher. In addition, strategy is just a secondary factor, people are the main factor to decide the outcome of the strategy, a person without experience and knowledge of trading, long-term holding or trading days with them will not have good results

Normally trading is a good thing when people are doing it short term,because the purpose of trading is moving our funds in the profitable way by buying low and selling high if we follow this means we can make profits from any format of trading.

sachdientugoogle

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Look at the strong support and resistance. It is almost certainly going to test the lows at 3200 in the next couple of months. I'm doing in big time as soon as it nears 3000. Waiting any longer for lower is very risky.

Bagaji

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Quote from: Bushrat Jahan on October 09, 2018, 01:36:19 PM

I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.

As a newbie you will need good knowledge of technical and fundermental analysis of the market before you put in your money. The anxiety of making profit from trading should not over whelmed you as you hear testimonies of profit from people about trading crypto currency. Make sure you study what is involved before you step into trading crypto currency proper.

btcyoda

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It completely depend upon the situation if the market and situation of the coin we choose in the market. Potential coin will need to wait for long term because we don't see any profit in short term but people who hold it long term will get most profits.

Lpim01

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Quote from: semobo on March 28, 2019, 05:48:29 AM

Quote from: richcorner100 on February 20, 2019, 09:28:11 PM

Long trade is more easy and we can spend less times for that, and also long trade can be more profitable because all altcoin was going down to more than 90% so if the price going up again to the highest we have possibility to make profit 20 to 100 times. Just make sure choose crypto that have good fundamental and live product.

Based on how long we are going to hold it but I won't say long term trading is more profitable,day trading can produce lot of projects but there is high risk in it so it is upto the pwrson who want to trade based on the risk or most profitable.

Its absolutely depending of what coin we have cause not all of them would be worthy for long hold same thing we do in trading either will go for daily trades or for long term trades. I usually be considering for daily trading if I have enough time to be in trading but if not, then better to choose long term trading. Time is very important in here and as well as dedication.

Noa_Amable

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Quote from: XXXgames on January 26, 2019, 10:59:16 PM

short term trader i was a very active scalper very aggressive backed off that some not so frequcently scalpingnow but still a day trade

well, yes, daytrading is a sort of scalping, that's truth

dat.ho12492

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Quote from: semobo on March 28, 2019, 05:48:29 AM

Quote from: richcorner100 on February 20, 2019, 09:28:11 PM

Long trade is more easy and we can spend less times for that, and also long trade can be more profitable because all altcoin was going down to more than 90% so if the price going up again to the highest we have possibility to make profit 20 to 100 times. Just make sure choose crypto that have good fundamental and live product.

Based on how long we are going to hold it but I won't say long term trading is more profitable,day trading can produce lot of projects but there is high risk in it so it is upto the pwrson who want to trade based on the risk or most profitable.

It is difficult to compare these two strategies together because each market situation will be a different strategy, applying that strategy will create different effects and results, so we cannot guarantee that the profit in any strategy is higher. In addition, strategy is just a secondary factor, people are the main factor to decide the outcome of the strategy, a person without experience and knowledge of trading, long-term holding or trading days with them will not have good results

alan2here

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Quote from: sidkz on March 28, 2019, 04:52:06 AM

you'd better spend more time studying cryptocurrencies, there is enough literature everywhere, see the charts how and at what point the market behaves, and you need to start trading at that moment when the market goes to the top.

Learning more knowledge is never late in this discount market. You need to prepare the best in the near future to be successful in this market and that will be your most difficult stage. I think if you are a trader and know how to analyze each coin's trend, you can start earning good profits and your analysis will become more valuable for everyone.

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