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Topic: Daily trade Vs long trade - page 28. (Read 38609 times)

hero member
Activity: 3052
Merit: 606
October 16, 2018, 05:54:57 PM
#92
Daily or long term both of them are good but regarding the results from your trading activities i think depend on your abillity to utilize crypto market movement and in my view rather than pick between of them i think the best way is to combine them is good because trading not always be get profit even sometimes you lost and probably if you lost from daily trading then from long term trading you can recover your lost from it
I agree.But since you're still a newbie,you can start in long term trading because the risk is not too high compared to day trading.You cannot just make day trading without proper knowledge and preparation about trading,you will only lose your money if you do.So develop your skills first before attempting to make day trading.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
October 16, 2018, 12:33:42 PM
#91
Both short term trading and long term trading have its own advantages and disadvantages. In short term trading profit is low so as risk, in long term trading profit is high so as risk if you take equal position, In short term trading you need to check trades after short time whereas in long term trading you can get relaxed and check trade after specified long gap.

As per my experience long term trading is less stressful, calculate your risk as per your risk appetite and take trade as per technical chart or fundamentals, keep SL and TP as per analysis.

   Pundit you got it, long-term trading or holding for future is less stressful cause it`s less risky. Why would anyone want to have stress and trade with fear from losing precious coins? Once you got
them in any way you need to keep them for years. It`s what I believe in strongly. Only after few years we can have great harvest, first we need to invest ourselves.
   I think holding have more advantages over day-trading. I dare to say that most of the day-traders have coins they hold. Why would anyone risk to trade with whole amount? It`s too risky move
and just people on edge can do that and people who want to feel that edge. I`m not one of them.
full member
Activity: 868
Merit: 104
October 16, 2018, 11:53:18 AM
#90
Both short term trading and long term trading have its own advantages and disadvantages. In short term trading profit is low so as risk, in long term trading profit is high so as risk if you take equal position, In short term trading you need to check trades after short time whereas in long term trading you can get relaxed and check trade after specified long gap.

As per my experience long term trading is less stressful, calculate your risk as per your risk appetite and take trade as per technical chart or fundamentals, keep SL and TP as per analysis.
full member
Activity: 966
Merit: 102
October 16, 2018, 11:02:28 AM
#89
I recommend using both options of trading, on a daily basis to allocate about 10-15% of its capital, and for the long-term period 30-40%, pre-selecting cryptocurrencies that are actually active
usually i use opposite with your allocation.with small allocation for long term period.it could give us huge profit although using small amount.
of course because long-term trading is a lot of people get big profits than daily trading, because in the daily trade the profits we will get are only a few percent of long-term trading
full member
Activity: 588
Merit: 106
October 16, 2018, 10:46:30 AM
#88
the best trade for beginners is on Bitcoin, because it has slow fluctuations. so that price movements can be understood. if you want to trade in altcoin. then make small profits, to make trading exercises. and practice focusing on the target. this will make you quickly learn trade.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
October 16, 2018, 10:22:53 AM
#87
Daily or long term both of them are good but regarding the results from your trading activities i think depend on your abillity to utilize crypto market movement and in my view rather than pick between of them i think the best way is to combine them is good because trading not always be get profit even sometimes you lost and probably if you lost from daily trading then from long term trading you can recover your lost from it
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
October 16, 2018, 10:15:40 AM
#86
I recommend using both options of trading, on a daily basis to allocate about 10-15% of its capital, and for the long-term period 30-40%, pre-selecting cryptocurrencies that are actually active
Much better to have a combination like this, though it will need a lots of time doing some research and analyze which coin will provide good profits in returned but the best thing is you would be able to play with the market, and still have a great chance to keep earning while waiting for some of your
assets to rise high and give you huge gains, you must be more selective and very practical choosing what assets to hold for your long term goals.
full member
Activity: 283
Merit: 100
October 16, 2018, 10:12:44 AM
#85
i think day trade is good because there you should easily get more profit, you want to make long trade but you should have good knowledge of that, so you must go with day trade.
full member
Activity: 658
Merit: 106
October 16, 2018, 09:04:11 AM
#84
I recommend using both options of trading, on a daily basis to allocate about 10-15% of its capital, and for the long-term period 30-40%, pre-selecting cryptocurrencies that are actually active
usually i use opposite with your allocation.with small allocation for long term period.it could give us huge profit although using small amount.
member
Activity: 392
Merit: 10
send and receive money instantly, with no hidden c
October 16, 2018, 09:02:15 AM
#83
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.     

Trading of bitcoin and cryptocurrency is easier job.If you do with patience. Always the trading for longer term will be the easiest then day trading. Because in day trading,you have to analysis the market very deeply to get profit.Buy at low price and sell at high price is basic way to get profit in day trading too.
But in order to transact, we also need strong knowledge and foundation to get high returns from the market, so in my opinion, we should consider the potential coin option, so that Good for us, do not worry too much, the market will recover and then the value of the coin will rise even higher.
sr. member
Activity: 574
Merit: 255
October 16, 2018, 08:42:36 AM
#82
Well, it all depends on your nature of investments.
In cryptos there are 2 type of investors. First who refer fast trading approach. Second people who hold their investments for long period of time. My personal experience is people who hold their investments for long term they gets fruitful returns on their investment.
full member
Activity: 1162
Merit: 101
October 16, 2018, 08:07:15 AM
#81
I recommend using both options of trading, on a daily basis to allocate about 10-15% of its capital, and for the long-term period 30-40%, pre-selecting cryptocurrencies that are actually active
member
Activity: 225
Merit: 10
October 16, 2018, 06:54:24 AM
#80
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..

Indeed, you are right dude! but I admit that both them can give us a profit in the end. But on which of them are much more safer, well long trade is much more less risk you could get rather than daily which has a highly risk you could encounter when you do the actual trade in the platform.
full member
Activity: 420
Merit: 102
October 16, 2018, 03:29:27 AM
#79
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.
jr. member
Activity: 84
Merit: 1
The Exchange for EOS Community
October 16, 2018, 02:22:24 AM
#78
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.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 16, 2018, 01:41:03 AM
#77
Trading of bitcoin and cryptocurrency is easier job.
Anything is easy if you have some skills and experience with it. Trading is nothing different. But if you say that to a newbie then you are going to put in a wrong impression on them.

Quote
If you do with patience.
Patience is not the only thing necessary. Like I said, experience, skill and determination are all needed. Also capital management and research since its related to money.

Quote
Always the trading for longer term will be the easiest then day trading. Because in day trading,you have to analysis the market very deeply to get profit.Buy at low price and sell at high price is basic way to get profit in day trading too.
Thats also true for long term hold strategy. You will have to do an in-dept research for determining a time to sell off holdings and get decent profit. But in day trading its more risky because often markets get manipulated and its a bit of a gamble.
member
Activity: 308
Merit: 10
AMA BCT
October 15, 2018, 06:44:06 AM
#76
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.
newbie
Activity: 32
Merit: 0
October 15, 2018, 06:29:17 AM
#75
You should learn the both and eventually makes your choice, no crypto enthusiast should limit himself to only a particular aspect, you need some trading knowledge in making investment decisions, both type of trading all have different outcome and requirements. Particularly for a very busy person, long trading should be the best as you do not habw to watch the market all day while short trading requires constant monitoring
Both are good, day trading needs more experience of trading and long term trading can be done easily. I think that day trading is more effective than long term trading because in long term trading you will have to wait for long time and the profit is also not guaranteed. If you analyze the market on daily basis and capable of doing best technical analysis of the market, then no doubt you will earn big money in day trading.
member
Activity: 476
Merit: 10
October 14, 2018, 08:10:56 PM
#74
For beginner look more easy to do long term trading or swing trading. Swing  trading also consuming less times, but if you have more times to spend you can split your trading balance for day trading as well.  You can do both at the same times so you will know which will be more profitable and know different risk and potential profit.
sr. member
Activity: 616
Merit: 252
October 14, 2018, 07:29:53 PM
#73
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.     

If you want to learn trading then better do it as often as possible so that you will shorten your learning curve. If you are trading for the long term then it is not trading for me but investing. If you are trading perhaps daily or weekly then you will learn more about what strategy is best for you and you would be able to plan your trades. Besides that, one of the biggest hurdles to overcome when trading is your emotions and you will only be able to control it if you will often trade.
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