Daily trade Vs long trade - page 6. | Bitcointalksearch.org

doomistake

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Quote from: FlamingFingers on October 07, 2019, 04:52:27 PM

I will pick long term trading as against day trading, you have to stick to your monitor for almost 24 hours a day if you day trading, the tension is there, controlling emotion is another problem as regarding day trading, but long term trade, you don't need to stay up with your monitor 24 hours restraining your self from resting and keep monitoring chart, day trading Return Of investments is also not as much as long term trading, you are likely to miss the pump party if you day trade always

Day Trading might be stressful but the you could have a gigantic profits here compare if you are going to long trade. Long trade form me is like holding, doesn't have any analysis at all so it is easy but your profits is not that big, it is only could for amateur Traders and staying on the safe zone. There are disadvantages and advantages for both of them, the most life consuming is Day Trading, too much radiation, can't get enough sleep, insomnia, low blood pressure and so on.

I would choose long trading also, because what would I do with a lot of bitcoins if I'm going to become a sick person, and there is a saying that "health is wealth", I'm sticking to it.

jazmuzika217

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As a newbie you need to try and perform daily trade with small capital only to make you familiarized about the trading flow. Because it is hard to invest in long term trading if you only invest a small amount because you are not knowledgable yet. And if you already learn using daily trade you can now proceed in long term trade and raised more capital.

joinfree

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Trading is not for newbies mate, stay off that dangerous road. Take your time, get to know more about this industry, market trends and look out for some blockchain projects with good use case and working products too. Do these before you venture into trading or else you are likely to lose your money at this stage.

asyakashi

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If you trade altcoin it's better to do short-term trading. the biggest risk is that fluctuations in bitcoin prices will cause altcoin to fall. next year halving bitcoin and of course the possibility of bitcoin prices will rise.
for the long term I prefer holding ethereum and bitcoin.

Rebisco

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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.

I think it is depends on the skill of a trader. I'm a active trader so I prefer to trade daily than long term trading. There are more opportunities that I can get from day trading and that's why I became full time trader.

LUCKMCFLY

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In my experience, long-term trading allows me to observe what phase of the market we are in, and when analyzing and seeing a trend in what can happen I feel more prepared to react more not to predict.

In the short term trade, I think that the risk increases, it is a much more volatile fractal, normally the shortest I analyze the market is at 4h, and I have that fractal open since I come from a long-term analysis, it is better have that vision

For a smaller fractal, suppose 1h, 5min seems to me that it is much more difficult, it is feeling too much adrenaline, I think that type of trading called Scalping is totally oriented to experts.

There are many Technical Analysts that focus on Scalping through indicators and a lot of technical analysis, because it happens very fast and if we focus on those 1-minute operations, the settlements are greater when it comes to leverage.

That is why I prefer to use long and medium term trading, so I apply much more market knowledge.

Golstrim

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Finally I see that my long term predictions are better. In day trading I lose main idea and traid against it. Day trading is harder and my decision is to create 2 accounts for long trades and day trading. Will compare what is more efficient

abel1337

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Quote from: barabarian1 on October 11, 2019, 01:45:22 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.

before choosing to trade daily or long-term trading, in my opinion the first thing you should do is learn. in daily or long-term trading, trading strategies and market analysis are needed. You should learn it before trading. if I choose, I prefer to trade daily. in daily trading, I am not fixated on just one coin. in my opinion we can more easily get profits by trading with more than one coin. in my opinion long-term trading is riskier than daily trading.

Gain some knowledge about trading, Learn the essentials and identify the do's and don'ts, You can trade successfully with that. There are some practice trading platforms, You can practice there without losing any money you have in your hands right now. It's true that you can earn more profit if you are trading more coins but it's hard to maintain especially if you are a daily trader.
Friendly tip: Don't put all your eggs in one basket Roll Eyes

barabarian1

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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.

before choosing to trade daily or long-term trading, in my opinion the first thing you should do is learn. in daily or long-term trading, trading strategies and market analysis are needed. You should learn it before trading. if I choose, I prefer to trade daily. in daily trading, I am not fixated on just one coin. in my opinion we can more easily get profits by trading with more than one coin. in my opinion long-term trading is riskier than daily trading.

mdzahed134

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Quote from: Herressy on October 01, 2019, 03:51:46 PM

Quote from: Herry Toms on October 01, 2019, 09:24:32 AM

I think Long-term would be a good idea, you will learn a lot from a bigger perspective which ultimately helps you generate profits on a consistant basis. In the long-term, you can control your emotions which is really important thing to do in crypto market. So, my suggestion is to go for Long-term.

no one knows if is really good o hold a coin for long term since we are not sure what will happen to crypto in the next more years. in day trade you can earn daily basis even in short trade you have a chance to multiply your capital.

But everyone cannot efforts in daily trading because lack of experience. Short trade is a huge risky in your initial capital. And you can't easily recover this losses, this is make you disappointed. Even short trade is depend on how much times you able to spend in daily. I prefer long term trading because of you can be control your emotion and there are no big risks here. Even you will get long time to research about market condition.

doomloop

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Quote from: bitrayder on October 07, 2019, 10:43:57 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.

I think of the member here aiming to become one of the good trader pal, as far as I know learning is a good start here, reading here most of the time might also give help to us to gain more idea to a different opinion by others here. In fact, even we are newbie in this industry the safest thing is to hold the coin first before anything else right?

Day trading is not only bad in terms of profit but also it is hectic. It consumes a lot of time and you often get driven by emotions. Usually when day traders see themselves go in loss, they become frustrated and anxious which is not good for their health and profession. For a secure trading, I support long term trading.

Dreamr

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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 starter, you have to stay away from day trading. day trading is very risky yet not profitable most of the time. i think day trading is for professional traders. as a beginner, you need to go and learn about crypto trading first. there are so many places online to learn crypto trading from udemy free course to youtube crypto trading tutorials.

bohr

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Quote from: Bosx1ne on October 05, 2019, 04:09:44 PM

I prefer to do intraday than position trading, I am aware that intraday is more risky than position trading because it requires a lot of skills because the price is too volatile. I keep using different tools and indicator for me to have foresight about its price.

It is not that intraday trading is more risky it is just that it is more difficult and for a newbie trader this can cause him to lose money, some of the difficulties include paying high commissions since you are making a lot of trades, the need to watch the markets very closely for hours, sometimes you could make the correct prediction about where the market will go but you cannot leave your position open and you do not benefit from that trade and finally if you use margin trading your losses can escalate really quickly.

bassbity

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Quote from: pinggoki on October 05, 2019, 11:12:03 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.

Daily trade or long trade, for me I prefer daily trade because in daily trade you will trading everyday and you can watch the real flow of money or the currency in which you will be updated in everytime you will trade. I prefer this than long trade because in daily you can earn daily than waiting for a long time.

True, I like trading daily because profits can be earned every day, some people even suggest trading in the long term in my opinion it is not a good way, for now many daily traders are appealed for the long term.

bitrayder

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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.

I think of the member here aiming to become one of the good trader pal, as far as I know learning is a good start here, reading here most of the time might also give help to us to gain more idea to a different opinion by others here. In fact, even we are newbie in this industry the safest thing is to hold the coin first before anything else right?

marcbitcoins

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Day trading is proven unsafe and waste of time now due to constant change of market movement which is become more unpredictable. Long term is good as long as you choose the best coin that proven good for long term investment like Bitcoin and Ethereum.

Hippocrypto

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Quote from: FlamingFingers on October 07, 2019, 04:52:27 PM

I will pick long term trading as against day trading, you have to stick to your monitor for almost 24 hours a day if you day trading, the tension is there, controlling emotion is another problem as regarding day trading, but long term trade, you don't need to stay up with your monitor 24 hours restraining your self from resting and keep monitoring chart, day trading Return Of investments is also not as much as long term trading, you are likely to miss the pump party if you day trade always

You should be careful choosing long term trading, because some coins will go shitcoins after such a long time of trading. Not all developer will continue to support the community. It's good that you will be updated on daily basis in order that you could have information on how that coins is fully developed or not. Long term holding depends on how the project roadmap initiate a trusted demand.

FlamingFingers

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I will pick long term trading as against day trading, you have to stick to your monitor for almost 24 hours a day if you day trading, the tension is there, controlling emotion is another problem as regarding day trading, but long term trade, you don't need to stay up with your monitor 24 hours restraining your self from resting and keep monitoring chart, day trading Return Of investments is also not as much as long term trading, you are likely to miss the pump party if you day trade always

Bosx1ne

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I prefer to do intraday than position trading, I am aware that intraday is more risky than position trading because it requires a lot of skills because the price is too volatile. I keep using different tools and indicator for me to have foresight about its price.

posi

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Quote from: xamxam on October 05, 2019, 05:21:07 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.

Anybody here want to become a trader here mate, the really first thing you must do is learn about crypto, blockchain, trading, top coins or potential altcoins that are good for investing. Since you are new starter here you can begin with day trade and I think Kucoin is suitable for you to start with.

I supported the part of the new crypto traders to learn about trading and they need to understand the TA and FA very well but doing day trading for new starter is dangerous cause day trading require grade experience with emotion (panic/patience) control. However, the mentioned seems not good either for newbie

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