Better long-term trading, requiring science and engineering. If you do not master the daily trading science then you can lose. Better buy Bitcoins and trade long term only or continue until the price rises higher.
Yes, exactly its much better to trade for the long term than day trading because in day trading you will be safe and will be happy about the price increase. In day trading sometimes people get stressed and take a wrong decision so better to trade for long term with this you can learn as we know trading is all about knowledge so never stop learning and trade for long term.
Topic: Daily trade Vs long trade - page 2. (Read 38589 times)
It's really hard to trade a lot with the prices going down.
You really need to know the market and i think know something of economics/crypto to make a profit.
I like to Research a Coin/token and then just hold it for the longterm.
Made the mistake once to sell it to early (before the rise to $20k) and buy a new pc with my earnings.
Well that pc would be like 60k$ at the highest price.
So yeh the best would be to have a longterm price goal and sell it, and then maybe when the price goes down again you can rebuy.
And keep or reinvest the profits.
You really need to know the market and i think know something of economics/crypto to make a profit.
I like to Research a Coin/token and then just hold it for the longterm.
Made the mistake once to sell it to early (before the rise to $20k) and buy a new pc with my earnings.
Well that pc would be like 60k$ at the highest price.
So yeh the best would be to have a longterm price goal and sell it, and then maybe when the price goes down again you can rebuy.
And keep or reinvest the profits.
For me, long term trading is more profitable than short term trading. I tried day trading and I had many more loses then profit after almost a year in trying, after that, I tried to buy and hold cryptocurrencies for the long term, some coins I hold for months before I sell them. For long term trading patience is needed, one more good thing comes from mid and long term trading, we aim for higher profits because after months price can be doubled even tripled.
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.
Based on my knowledge, these two different kind of trading cannot be compared to each other due to the fact they have their own advantages and disadvantages. However, for someone who don't have enough experience I would not recommend daily trade because this requires an intense technical analysis day by day. Therefore, long term would more likely fit for someone who recently enter this field. Thanks in advance.
It's really hard to trade a lot with the prices going down.
You really need to know the market and i think know something of economics/crypto to make a profit.
I like to Research a Coin/token and then just hold it for the longterm.
Made the mistake once to sell it to early (before the rise to $20k) and buy a new pc with my earnings.
Well that pc would be like 60k$ at the highest price.
So yeh the best would be to have a longterm price goal and sell it, and then maybe when the price goes down again you can rebuy.
And keep or reinvest the profits.
You really need to know the market and i think know something of economics/crypto to make a profit.
I like to Research a Coin/token and then just hold it for the longterm.
Made the mistake once to sell it to early (before the rise to $20k) and buy a new pc with my earnings.
Well that pc would be like 60k$ at the highest price.
So yeh the best would be to have a longterm price goal and sell it, and then maybe when the price goes down again you can rebuy.
And keep or reinvest the profits.
I agree with the folks, you'd better start with long-term trading. It would safer for you, less stressful and severe than daily trading.
And I also would recommend you to carefully select the exchange you're to use. As the practice shows, exchanges like CEX (https://cex.io/) or Coinbase are very suitable for beginners like you.
And I also would recommend you to carefully select the exchange you're to use. As the practice shows, exchanges like CEX (https://cex.io/) or Coinbase are very suitable for beginners like you.
Better long-term trading, requiring science and engineering. If you do not master the daily trading science then you can lose. Better buy Bitcoins and trade long term only or continue until the price rises higher.
It's hard to say if long term trading is better or not but it's definetely less demanding and less risky than day trading. Basicly everything depends on your personal preferences, competences and experience, how good you deal with risk and how much effort.and time you can invest in trading. But I wouldn't recommend daily trading for beginers.
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.
Since day trades that lasts for seconds and takes advantage of the short-term fluctuations of an asset's price, I think what suits you best is day trade since you are a beginner, because the positions are opened and closed within the same day so as a beginner you will be anle to see what you worked for on that same day. While long trade needs to be managed for months and years so if a beginner will do it I don't think you'will find the will to finish or continue it. Thanks in advance.
Better long-term trading, requiring science and engineering. If you do not master the daily trading science then you can lose. Better buy Bitcoins and trade long term only or continue until the price rises higher.
Yes, exactly its much better to trade for the long term than day trading because in day trading you will be safe and will be happy about the price increase. In day trading sometimes people get stressed and take a wrong decision so better to trade for long term with this you can learn as we know trading is all about knowledge so never stop learning and trade for long term. 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.
It depends on your ability. You know, you wouldn't be able to see Warren Buffett become the 3rd richest billionaire in the world if he were a trader. And you will not see Edward Thorp become a millionaire by making him hold and long-term investment like Warren.Thanks in advance.
So the point here is that you need to find your strengths and gradually upgrade it to improve it. Should you ask yourself, traders or holders will make you happier?
Better long-term trading, requiring science and engineering. If you do not master the daily trading science then you can lose. Better buy Bitcoins and trade long term only or continue until the price rises higher.
It's hard to say if long term trading is better or not but it's definetely less demanding and less risky than day trading. Basicly everything depends on your personal preferences, competences and experience, how good you deal with risk and how much effort.and time you can invest in trading. But I wouldn't recommend daily trading for beginers.
There is no doubt that day trading demands all these things which are not easy to be present in one person at the same time. To adopt all these qualities and make them habit, the day trader is required to put significant efforts to mold his or her nature accordingly. But once he or she has acquired what is required, the person is not going to suffer from any major losses rather will make huge profits.
And that is why most day traders fail, they do not get to understand that in order to become a day trader you need a very specific skill set that is not present in the majority of traders and that you need to train those skills over time, even if you are a very talented person and you read the right books it is impossible to be a day trader because it requires the highest level of concentration and ability to make decisions in a matter of seconds and to be consistent for months and years. 
Better long-term trading, requiring science and engineering. If you do not master the daily trading science then you can lose. Better buy Bitcoins and trade long term only or continue until the price rises higher.
It is your choice to go to day trading and long term. market is like a extensive playground that you can learn and play. with strategies that you may learn for your trading experiences you can reform your skills or obtain it from the other expert users. like in this forum, different methods they have shared with you. and you can employ it or even surpass it if you want. that way you can improve your trading ability and you will want to make a big profit later.
I am always looking for a lot of people investment plans here and out of the 10 plans I have learned, only 3 of which I am most satisfied with and have made a huge profit from this market. In my opinion, day trading is really difficult but if you have enough knowledge, you can fully control your profit. I lost a lot of assets when investing and had a very bad time but things are different now and I can completely calm trading in this market.Everyone has different options but long-term investment seems safer than day trading. I have tried day trading in the past and the focus on charts makes it easy for me to panic and often sell if I lose more than 5% of my profit. I think day trading is hard work because you face daily risks and always focus a lot so just a small mistake will make you lose money.
Based on my psychology, long-term investment will be much better because there is no need to focus too much on price increases or decreases. It may take longer than expected but if there are high profits then I am willing to wait.
You are touching a very interesting topic, even if you have the skills to profit from day trading the psychology of the trader is more important because you do not have any time to really think about what you want to do or what you think about the market like you can do if you are a long term trader, you need to take decisions in seconds and if you show any doubt about what you are doing then most likely you will make mistakes and as we know that can be quite costly.Based on my psychology, long-term investment will be much better because there is no need to focus too much on price increases or decreases. It may take longer than expected but if there are high profits then I am willing to wait.
Everyone has different options but long-term investment seems safer than day trading. I have tried day trading in the past and the focus on charts makes it easy for me to panic and often sell if I lose more than 5% of my profit. I think day trading is hard work because you face daily risks and always focus a lot so just a small mistake will make you lose money.
Based on my psychology, long-term investment will be much better because there is no need to focus too much on price increases or decreases. It may take longer than expected but if there are high profits then I am willing to wait.
You are touching a very interesting topic, even if you have the skills to profit from day trading the psychology of the trader is more important because you do not have any time to really think about what you want to do or what you think about the market like you can do if you are a long term trader, you need to take decisions in seconds and if you show any doubt about what you are doing then most likely you will make mistakes and as we know that can be quite costly.Based on my psychology, long-term investment will be much better because there is no need to focus too much on price increases or decreases. It may take longer than expected but if there are high profits then I am willing to wait.
Everyone has different options but long-term investment seems safer than day trading. I have tried day trading in the past and the focus on charts makes it easy for me to panic and often sell if I lose more than 5% of my profit. I think day trading is hard work because you face daily risks and always focus a lot so just a small mistake will make you lose money.
Based on my psychology, long-term investment will be much better because there is no need to focus too much on price increases or decreases. It may take longer than expected but if there are high profits then I am willing to wait.
You are touching a very interesting topic, even if you have the skills to profit from day trading the psychology of the trader is more important because you do not have any time to really think about what you want to do or what you think about the market like you can do if you are a long term trader, you need to take decisions in seconds and if you show any doubt about what you are doing then most likely you will make mistakes and as we know that can be quite costly.Based on my psychology, long-term investment will be much better because there is no need to focus too much on price increases or decreases. It may take longer than expected but if there are high profits then I am willing to wait.
Everyone has different options but long-term investment seems safer than day trading. I have tried day trading in the past and the focus on charts makes it easy for me to panic and often sell if I lose more than 5% of my profit. I think day trading is hard work because you face daily risks and always focus a lot so just a small mistake will make you lose money.
Based on my psychology, long-term investment will be much better because there is no need to focus too much on price increases or decreases. It may take longer than expected but if there are high profits then I am willing to wait.
You are touching a very interesting topic, even if you have the skills to profit from day trading the psychology of the trader is more important because you do not have any time to really think about what you want to do or what you think about the market like you can do if you are a long term trader, you need to take decisions in seconds and if you show any doubt about what you are doing then most likely you will make mistakes and as we know that can be quite costly. Based on my psychology, long-term investment will be much better because there is no need to focus too much on price increases or decreases. It may take longer than expected but if there are high profits then I am willing to wait.
It is your choice to go to day trading and long term. market is like a extensive playground that you can learn and play. with strategies that you may learn for your trading experiences you can reform your skills or obtain it from the other expert users. like in this forum, different methods they have shared with you. and you can employ it or even surpass it if you want. that way you can improve your trading ability and you will want to make a big profit later.
I am always looking for a lot of people investment plans here and out of the 10 plans I have learned, only 3 of which I am most satisfied with and have made a huge profit from this market. In my opinion, day trading is really difficult but if you have enough knowledge, you can fully control your profit. I lost a lot of assets when investing and had a very bad time but things are different now and I can completely calm trading in this market. 
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.
in my opinion daily trading is the best choice for a beginner like you. because a beginner is usually too difficult to leave the market for a long time. in my opinion short term trading minimizes risk and makes it possible for traders to make profits by exploiting market volatility every day. Short-term trading strategies require maximum time, so someone always looks at the market situation at any time. if indeed you really want to be a trader, in my opinion daily trading is suitable for beginners like you, because I'm sure you have plenty of time to learn about trading and at the same time you can also make a profit by trading.Thanks in advance.
yes, I agree with your opinion, I myself will also say that daily trading is the best choice for a beginner. in my opinion the beginners still do not have the knowledge of technical analysis or strategy in trading, and in long-term trading many strategies are needed to be able to speculate for the future. so in my opinion, a beginner who really wants to trade, maybe the best first step is to do daily trading and over time they can try to do long-term trading.
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.
in my opinion daily trading is the best choice for a beginner like you. because a beginner is usually too difficult to leave the market for a long time. in my opinion short term trading minimizes risk and makes it possible for traders to make profits by exploiting market volatility every day. Short-term trading strategies require maximum time, so someone always looks at the market situation at any time. if indeed you really want to be a trader, in my opinion daily trading is suitable for beginners like you, because I'm sure you have plenty of time to learn about trading and at the same time you can also make a profit by trading.Thanks in advance.
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