Daily trade Vs long trade - page 29.

kotajikikox

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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.

Depends on your time availability day trade is need more time consuming to monitor and focus the potential coins going to increase quick.

Long trade is same as long hold to wait for the price increase, bith are profitables but you need to calculate yourself where did you prepared, i suggest search into the google how to become better traders or read allabout trading discussion herein forum for the fastest way to learn.

Zooplus

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Quote from: galundan9 on October 14, 2018, 07:05:23 PM

I suggest you have to be a beginner who wants to trade by choosing only the long-term, basically, you still don't have enough knowledge about trading so you can wait for coins to be stored for the long term while learning more about trading.

rather than doing day trading you must see market movements at any time, so your trading knowledge will not increase broadly.

Right.Do not jump into day trading without proper knowledge on trading because if you do,you will only lose your capital.Start with long term trading first as this will give you sure profit if you just know how to hold them patiently.Then if you think you are now ready for day trading,go for it.Just invest only what you can afford to lose.

galundan9

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I suggest you have to be a beginner who wants to trade by choosing only the long-term, basically, you still don't have enough knowledge about trading so you can wait for coins to be stored for the long term while learning more about trading.

rather than doing day trading you must see market movements at any time, so your trading knowledge will not increase broadly.

Biscutard

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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..

For a newbie it is recommended that they have to go on to long term trading than short term because they might quickly burn their money because of their lack of knowledge. Trading isn't just an easy task that you have to put your money then buy and sell some crypto because the volatility of any crypto is very unpredictable.

Ziskinberg

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Quote from: usekevin on October 14, 2018, 04:56:26 PM

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.

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.

Right.Atleast you should have more experiences in trading before proceeding into day trading as this will bring more risks on the part of the trader.For now,start with long term trading first and after you have done lot of tradings,you can start day trading provided that you are now wiser than before.

Chachacoin17

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Quote from: Vaculin on October 14, 2018, 02:07:18 PM

Quote from: Rana590 on October 14, 2018, 11:04:47 AM

I think it depends on the traders that how they control it. In my opinion day trading is risky but there is huge chance to make huge profit if anyone select best coin.

I agree.But having day trading would require more risks and pressures compared to long term trading.I suggest to learn more on developing your own skills and strategies before making such day trading.Start with long term trading first then after with that experiences,you can start day trading if you wish.

Indeed, it needs lots of efforts to meet your goals and in case there's a declination of it's price you tend to panic during daily trades. Much better if we option to have long trades by the time you decided to hold your dumped price coin, because it has advantages compared from daily ways of trading. One reason for that is you have much more time to grow your asset and you're going to be surprised by profitable gains during pumps will happen.

Zipposs

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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.

You can start checking out these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-2% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. There is also a paid section where you will receive daily a 3-5 coins updated every hour.
It's worth it, but I will suggest you first start with the free signals until you become more knowledgeable and calm.
Good Luck!

usekevin

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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.

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.

avarnet

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Quote from: nicster551 on October 11, 2018, 11:30:45 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.

If you have nothing to do for your daily basis then you should go for day trading but if you do then go for long-term. Basic thing in mind.

and if my suggestion for now is better to do long-term trading because the market is very difficult to stabilize in the near future. be better long term but produce very good later

naruto7676

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Daily trade for me is the best suitable in our community to watch what will happen and to know all peoples also in day trading.

Vaculin

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Quote from: Rana590 on October 14, 2018, 11:04:47 AM

I think it depends on the traders that how they control it. In my opinion day trading is risky but there is huge chance to make huge profit if anyone select best coin.

I agree.But having day trading would require more risks and pressures compared to long term trading.I suggest to learn more on developing your own skills and strategies before making such day trading.Start with long term trading first then after with that experiences,you can start day trading if you wish.

harleymasters

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When you are less experienced try to practice more transactions to be able to accumulate more experience for yourself fastest. Trade with small amounts of less than 0.1 BTC. Not too much and too little, with 0.1 BTC you can join the Margin on Bitmex, a pretty interesting experience and may have many lessons for you to accumulate in your learning process. Make long-term investments if you are not ready for this risky market and do not have too much time trading!!

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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 have to need learn first. You just go different exchange and see the trading process. Daily trading is. hort time trading process and long term is holding type trade. Stay here to learn with us and move different exchange as well.

Rana590

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I think it depends on the traders that how they control it. In my opinion day trading is risky but there is huge chance to make huge profit if anyone select best coin.

iv4n

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With time you fins out that you need to have something to hold and something to trade with. With so many coins and tokens we all have many choices, use that in your advantage.
I hold some of everything, but I also have amounts for trading, I think one can't go without another, simply you need to have backup all the time, if you don't have it you are risking too much.

hitrawal91

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Both are very good depends you how you are doing because Day trade is generally for people who do these trading full time and Long trading is for those who do trading as secondary source of income.Day trading usually can be done in any coin which has response less time or legendary coins but long trading can be done on coins which are trustworthy and are good fundamentally.

sana54210

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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.

All trades are being done daily, and some are just seconds/minutes, and those are the short-term. I don’t think you can be able to do short-term trade, you won’t be able to predict where the market is going within a short time. It’s still your choice though, if you believe you can be able to do that, then why not, that’s if you have done the research and you know how it works.

Trading requires a lot of training and it’s not going to finish a day, experience will also help you get to know more. That’s why some platforms now allow users to open a demo account, so they can see how it works before investing real money.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: otundebis on October 12, 2018, 05:46:12 AM

Nobody is born with the knowledge of cryptocurrency trading, every knowledge is accessible and skill based on cryptocurrency knowledge can be learnt. Dedicate yourself into finding out how cryptocurrency market works and in time you will know how to position yourself to trade!

You can learn a lot if you follow whats is being said in many crypto whale channels. Basically technical analysis but 99% of that is biased stuff made by the bagholders of coins. They dont want you to make profit but themselves. SO they will promote their own shicoins to you buy them and they will sell. Its a nice way to get scammed only to be fooled properly by these "gurus".

Hence take their knowledge with a bit of salt and use your own insight to gain the full analysis.

SuicidalDemon69

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You can get high earnings from daily trading. I mean if you do your own research about the coin and the community, you can get easily to ride in with the pumps and dumps. The problem with this is that you can get easily get FOMO so I advised that you split your coin with the buy and sell order. Another thing you need to know are the support and resistance of the coin. You need to study this kind of thing so that you can't get easily be affected by FUDSTERS. In terms of long trading, you need to question yourself, "How long you can get to hold on that coin?", the best thing to do is to set the percentage value of the coin. Let's say for example, you wanted to sell the coin at 50% increase rate. Again, these are only my opinion and most of the time these tricks works for me. There are multiple ways on trading but I guess the luck plays important part here.

arafat222

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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.

At first you learn some knowledge about trading and if you think that you can trade then you can invest for trading. If you day trader short term is good option for you. I really like daily trade. It makes good profit if you choose right coin.

Topic: Daily trade Vs long trade - page 29. (Read 38589 times)