Topic: Daily trade Vs long trade - page 22. (Read 38589 times)
this does not depend on daily trade or long trade but how you sell and buy at the right time. the strategy needed is only a good analysis in determining the choices that you will take regardless of the market situation
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.
Thanks in advance.
My opinion is long term. because you are a new in trading business so you need to learn how to going those things. if you choose daily trading then you will put your self in danger. cause daily trading is too risky more than long term trading.
If you have enough time and want profit immediately then you will choose day trading but the risk is much higher than when you are in long trading.
this is a very easy choice, you should be able to see the trading capital you have and after that you can confirm your choice, when you have very little capital you better do daily trading because it can provide you profits in a fast and not have to wait too long.
Daily trade is not suitable for a newbie, it is for experienced people. After trading for a few months, you will gain a lot of knowledge about how market behaves only then you can do day trading and can be successful.
Long trading is worth and easy, If you identify good coin that has a future you can make a good returns.
Daily trade is tough because of market conditions and volatility markets, and should be having a good knowledge and experience, thereafter you can earn a good returns.
Daily trade is tough because of market conditions and volatility markets, and should be having a good knowledge and experience, thereafter you can earn a good returns.
Daily trading is in favor of day traders because they have much time to spend that maybe they don't have a job unlike people like us in which we have already a stable job but still need extra source of income that is why we engage in long term trading. Daily traders is very difficult specially when market is in bearish because the price is become really unpredictable unlike long term that we will just ensure that the crypto is worth for long holding like the top ranked coins which are most trusted and has the potential to make your money grow.
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.
actually all trades are very risky, but we should trade daily with a budget that is not too much, our main function will be smarter because we will get used to the world of trading, and secondly we can estimate whatever coins are interesting for us to follow and maybe we master price movements, with experience we will be able to make decisions correctly, good luck. Thanks in advance.
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..
If you are only trading for excess money,then i believe thats right long term trading is more safer and may give better profitBut if this area of profiteering will be use as your bread and butter,then maybe you must risk in daily trading,though you need more knowledge and skills to do this rightfully
for beginners, when you get to know cryptocurrency, the best recommendation is to become a daily trader, so you will begin to understand market conditions and also be able to further sharpen your instincts in making decisions
Experience is important for being the best cryptocurrency trader, you need some failure to open the door to success
Experience is important for being the best cryptocurrency trader, you need some failure to open the door to success
It still depends on the market condition before we say day trade is better than long trade. There are times we like to day trade but after a we buy a coin, price suddenly goes down and we cant do anything but hold on to it and wait for the price to recover rather than sell at loss. Im sure those who bought Bitcoin last December 2017 knows how it feels when the price of BTC dropped.
I am a person who does not control emotions and has lost money in greed. So I think I do not fit into the daily trade and I have learned about the long trade. I believe that holding your favourite Altcoin long term will help you make a profit and not worry about the market trend.
Unfortunately, losing is a part of our life in crypto especially for daily trading. But then, long term holds still never give assurance of having a huge profit in return due to price fluctuations. Yes you're safe for daily events but you'll be wasting much time, instead you'll have a chance to gain everyday if you have a good trading strategy.
I am a person who does not control emotions and has lost money in greed. So I think I do not fit into the daily trade and I have learned about the long trade. I believe that holding your favourite Altcoin long term will help you make a profit and not worry about the market trend.
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.
This depends on the type of trader you are and the area you live to develop your investments or trading skills on. In trading you will need to understand that both day trading and long term investment come with skills and risks. Therefore, you just need to know the skills and risk that are involved in trading and then decided on which side to invest in. Thanks in advance.
There are times when long-term and short-term trading give us an advantage. For this reason, we must do research before making an investment, which is to be able to determine our steps for the long term or short term on a coin.
Depend on what do you want to achieve.
If you want to quick profit, daily trade is the choice but high risk !
If you want less risk, long trade is the wise choice just like me, I'm currently hold most of my btc until 2020 because I believe on it as I'm believe it , 4 years ago and it's proven !
If you want to quick profit, daily trade is the choice but high risk !
If you want less risk, long trade is the wise choice just like me, I'm currently hold most of my btc until 2020 because I believe on it as I'm believe it , 4 years ago and it's proven !
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.
This is easy since you are new to all of this then you need to set trades for the long term, this means that some trades are going to last weeks and some others could last months, I know that many prefer to day trade but you are going to lose everything if you try that option when you are still relatively new to this market, only try day trading after you have accumulated months or even years of experience.Thanks in advance.
You can do day trades of the market has a good price movements and the trend is upward, because sometimes it's hard to do longer terms of trading when you're in need of funds actually. But for sure in day trading as long as it has a good market value and the fluctuations is going up you'll be able to earn enough but not much unlike long term trades.
If you are really a beginner, use a little money to trade and learn how to trade well so as not to get a lot of losses, because I see some beginners experience a lot of losses, he does not pay attention to market movements that are rising or falling and only see the profits without thinking about some of the risks that will be experienced. I advise you to use daily trading first with small capital, you must learn which coins you think are potential, if you have mastered how to trade, surely you know what you have to do with your capital.
It does not really have anything much to do with the situation of the market, it just has a lot to do with your own situation in particular, if you are knowledgeable and experience enough to day trade or not. The market may have been falling for over 10 months, but that does not mean that during the falling process, there has been no price action with some correction upward, may be if you check the lower time frames you will understand. However, day trading can be risky which is why you need a lot of knowledge and experience with great market knowledge, elimination of emotions to be able to do it right, otherwise, it is best to just stick with 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.
the best choice for beginners is daily trading because you will learn a lot from daily trading, such as anticipating loss, candlestick behavior analysis, and of course feeling the pleasure of getting profit Thanks in advance.
Day trading is more profitable than long-term trading. For a newbie without experience and assertiveness, you can not day trading. Long-term trading will be better for you.
Both long and short term trading can be profitable. But if we talk about the easiness, long term trading will be better because we don't need to stay in the trading platform daily and we won't be bothered with every stuffs that might give stress to us.
Jump to: