Daily trade Vs long trade - page 27.

Dissident991

full member

Activity: 490

Merit: 105

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.

Long term trading is the best decision. Just have a look at the charts and you will see that. In my opinion it's impossible to predict price movements within a day, especially for altoins. You don't need have in-depth knowledge of TA for long term trading, just to research projects, learn technologies, applications and analysis of what was in the past and how it had influence on the market.

BlackPanda

legendary

Activity: 1414

Merit: 1001

I will choose to do day trading because I think doing day trading is much easier than when we have to wait a long time for holding. Holding for a long time can not be sure we are to make a profit so I will choose a short path that is when I gain momentum to reach profit margins so I will take action immediately. This is a choice and for me who has a lot of time then this is a good choice. But for someone who does not have a lot of time then of course day trading will reduce them in utilizing the available time. Choose situations and conditions that are in accordance with our circumstances, be a careful trader and then we will get success.

vhns222

full member

Activity: 504

Merit: 105

If you are newbie then i dont think you can do trading but if want do it so much then daily trading is much more risky, can suggest long trading as a start.

srcnckr

full member

Activity: 244

Merit: 100

io.ezystayz.com

Day trading and long-term trading are two different forms of investment. Depending on the ability of each investor, it is possible to determine the most suitable investment. Day trading is suitable for investors who are good at technical analysis and have plenty of time to monitor the market. Long-term trading is suitable for investors who do not have much time and are not good at analyzing charts.

cluit

legendary

Activity: 1176

Merit: 1016

Quote from: realBitcoiner on October 16, 2018, 03:22:24 AM

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.

Long is not trade but just holding. Trade is always on daily basis. If you want to trade you will have to give time to crypto market as much as you can but if you do not have day trading experience then you can hold your coins for long time. When the price raise more and you realize that you can earn atleast 20% then you should sell your coins, but not all. Hold some for future.

Trade does not have to be on a daily basis as you can decide to always trade trends in the long term and as long as you are taking advantage of a fluctuation in the market, there is nothing you can call that asides trading.

It is just the time you have to always analyze the market that would determine whether you are cut out for day trading, short term trading or long term trading and there is something though that is always going to be common with all of them and that is the fact that you cannot get the best without knowledge and you really want to make that an important factor.

Husecomang

jr. member

Activity: 83

Merit: 1

Quote from: Yusuf77 on October 11, 2018, 02:08:19 PM

Quote from: iMark on October 11, 2018, 09:04:43 AM

Quote from: deevan on October 11, 2018, 08:36:33 AM

Day trade or long-term trade both can be profitable, it depends on you whether you want to make quick profits or just want to invest for long-term & forget about it. Day trade can be risky though as price movement highly fluctuates that you have to be every time in front of your computer to take right decisions that should bring you profit otherwise you will lose your money. Day trade will consume more time than long-term trading, it's like a full-time job for day traders.

But a day trade will give you a big profit because if you are skilled in reading the market direction you can get profit
many times in 1 day? You know the big risks will be worthed because certainly give you more chance for bigger profit

if at this time it is certainly very difficult to get big profits if you apply daily trading. the market is not stable so it's difficult to read the direction of the market. maybe if we trade daily we can get a small profit because usually people sell it above the price they buy.

In my opinion daily trade is better than long trade because in daily trade you can make money on daily basis and if you have the ability of daily trade then there is no need for any other work. Daily trade will give you such a good profit that you can overcome your daily needs easily. On the other hand long term holding is better if you no need for money in short time.

Ains_sama

full member

Activity: 608

Merit: 100

for beginners, you learn about technical and fundamental analysis. learn to read charts and find info / news. start with small capital and make light profits. and don't give up when you fail. because to be an expert trader is very difficult. greater risk than profit. but no need to worry. because then when you are proficient, you can determine your own profit. and better is daily trading.

bright4mech

member

Activity: 588

Merit: 18

Daily trading is a very high risk to take, which is reliable to loose with what your not expecting, therefore trading on long term is the best, because Crypto industrial requires patience, before taking a move. Therefore trading on crypto platform is more profitable for a long time trading.

Malamok101

full member

Activity: 868

Merit: 100

Proof-of-Stake Blockchain Network

For me it's better to Use the method of daily trade than long trade Because some altcoins now also get lossing for their price and lossing for their funds slowly If they take some long term trading.

Adriano2010

hero member

Activity: 1414

Merit: 516

It depends on many factors what to choose. If possible try both and see how much you make or lose from daily/long trades. If you trade daily maybe you can make profit every month but if you trade and hold coins for long maybe you choose some coins on high price and in long term they will not grow enough to have a profit.

paxaway21

member

Activity: 364

Merit: 10

My long trading in syscoin is already lossinh enough i can't take it anymore because I hold it from March to october but the price can't recovers.

Rana590

sr. member

Activity: 1750

Merit: 267

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.

For a newbie, I will suggest you to trade for long term. It is much safe and risk free. On the other hand, day trading is not a easy work. A lot of experience is needed on day trading. It is much risky and hardy for a newbie.

josephdd1

hero member

Activity: 1358

Merit: 513

Quote from: tailwate07 on October 17, 2018, 06:07:09 AM

Quote from: Ararbermas on October 10, 2018, 01:12:23 AM

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.

i prefer to choose long term mate but with bitcoin which is certain than other coins in the market. because honestly doing day trading is very difficult nowadays and not safe especially if you don't have enough knowledge and experience how to choose a good coin to trade . That's why much better to trade with bitcoin for long term rather than choosing other coins, 'cause some crypto nowadays are not growing along with bitcoin when the market stabilize.

You should first gain all required knowledge and skills about day trading because it is mandatory to be successful in trading. If you don’t have any experience and start daily trading you will definitely lose your money as many lost already. If you can spend some time with a crypto trading expert it will be more beneficial for you. By this way you can get knowledge and experience in less time.

I agree with the above. As a novice you first need to acquire the knowledge, and that's really important when it comes to trading. Read, read and read is about the best advice I can offer you before playing with real money.

tailwate07

full member

Activity: 368

Merit: 104

Quote from: Ararbermas on October 10, 2018, 01:12:23 AM

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.

i prefer to choose long term mate but with bitcoin which is certain than other coins in the market. because honestly doing day trading is very difficult nowadays and not safe especially if you don't have enough knowledge and experience how to choose a good coin to trade . That's why much better to trade with bitcoin for long term rather than choosing other coins, 'cause some crypto nowadays are not growing along with bitcoin when the market stabilize.

You should first gain all required knowledge and skills about day trading because it is mandatory to be successful in trading. If you don’t have any experience and start daily trading you will definitely lose your money as many lost already. If you can spend some time with a crypto trading expert it will be more beneficial for you. By this way you can get knowledge and experience in less time.

Cofee.BLUE

sr. member

Activity: 546

Merit: 250

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 or beginner in this industry, you should experience both in order to know. Day trading is quite risky since you'll never know what would be the right time in a day to trade because of price variation while Long term trading is more risky than day trading. WHY? because long term trading is that you are hoping to gain with uncertainty, it is a shot in the dark.

prtty2gal2

hero member

Activity: 1092

Merit: 523

Quote from: iASIC on October 15, 2018, 07:44:06 AM

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.

I think you should trade short term. Because short-term trading will put you more pressure and make you more attentive. That will make you better and have more experience working in this market. Plus, you should not be afraid to fail. All failures are worth it and should only be invested in small amounts.

You should not even be trading any style at all, whether day or short or long unless you are certain of what you are doing when it comes to trading the market.

People tend to think they can just jump into a market and then start making huge money all of a sudden but things do not happen that way and if you discard seeking for knowledge first, you will only find yourself doing the same thing over and over again and then expecting different results.

However style of trading you want to choose, knowledge and some little experience and confidence in your strategy is what would make you pull through, otherwise it would be a tough story to tell.

rocketbits

full member

Activity: 532

Merit: 101

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..

Yeah you are right that day trading is very risky but all risky businesses also give huge profits instead of long term trading. When you are able to trade in crypto on daily basis you will see that you become millionaire in a very short time. if you do not have experience then long term trading is better because due to high risk you will lose your coins which is not good at all.

Shishir99

sr. member

Activity: 644

Merit: 379

Normally i would have suggested for long term trade but it is now bear market and also very volatile.So now i would suggest you to do day trading.It is easy to make some profit because of volatility if you are little bit careful.

mornabo

hero member

Activity: 1148

Merit: 504

Quote from: metribitcoin on October 16, 2018, 04:29:27 AM

I have seen many altcoin was going up about 10% to 20% in aday but after that the price turn in to going down, so from this case for now is better doing day trading. By catch profit around 10% to 20% pertrade is possible to earn more than 30% amonth, and day trading on the crypto look more easy to earn profit than day forex trading.

Thats why in daily trading you have to take advantage of the opportunities that come as well as possible, don't wait too long because you will just waste the opportunity away, because altcoin is very volatile and very easy to change direction, if the price goes up use it well dude!

buje micin

jr. member

Activity: 210

Merit: 1

to learn to trade it is better to do daily or short therm trading, you must be able to use exchange and know all the features in it, and if you do day trading then you will quickly learn

Topic: Daily trade Vs long trade - page 27. (Read 38589 times)