Daily trade Vs long trade - page 8. | Bitcointalksearch.org

SummerBliss

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Quote from: jakoylantern on October 02, 2019, 06:05:12 AM

For me, it depends on what type of person you are; if you are a busy person and making trading as a part-time job, I think you need to go in long trading. Because in daily trading, you need to focus on the cryptocurrencies price, also require too much effort, stress, and quick decision. But in long term trading you just need to wait for your profitable rate to sell your cryptos, but the difference of the daily trader to long trader, the daily trader can gain money daily and much high compared to the long-term trader.

Cryptocurrencies don't give you assurance in long tern like mutual funds do. You can't say after 5 years, you will approx. make XX% profit on your investment. It may be possible that your investment doubles the next month or fall to 80% after 5 years.
Therefore, when dealing with something as hot as cryptocurrencies, better remain as close to market as possible. Follow all news, read charts everyday, anticipate events. Keep your portfolio updated or your investment will die with dead coins.

jakoylantern

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For me, it depends on what type of person you are; if you are a busy person and making trading as a part-time job, I think you need to go in long trading. Because in daily trading, you need to focus on the cryptocurrencies price, also require too much effort, stress, and quick decision. But in long term trading you just need to wait for your profitable rate to sell your cryptos, but the difference of the daily trader to long trader, the daily trader can gain money daily and much high compared to the long-term trader.

MI6

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Quote from: nelson4lov on October 01, 2019, 06:00:58 PM

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

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.

You forgot to mention that day trafe isn't a bed of roses and a lot of things can go wrong when day trading. You didn't even make that one would accumulate fees with more trades. Or the fact that, You might not even make profits. This is trading, a lot of things can go wrong – Whether it's day trading, swing trading or long term. I don't like when people sugarcoat stuffs. Anybody who read your post would think It's that "easy" to multiply one's capital with day trading.

I will agree, because day trading is not that simple. Maybe for people who pick long term investment is who not really good at day trading. It is not buy and sell but need much effort to do daytrading, and i believe not all people can do it easily.

nelson4lov

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

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.

You forgot to mention that day trafe isn't a bed of roses and a lot of things can go wrong when day trading. You didn't even make that one would accumulate fees with more trades. Or the fact that, You might not even make profits. This is trading, a lot of things can go wrong – Whether it's day trading, swing trading or long term. I don't like when people sugarcoat stuffs. Anybody who read your post would think It's that "easy" to multiply one's capital with day trading.

dmamigo

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long term is good if you really want to become rich with less investment you can get good returns and less risk , day trading is good if you make good profits you will be like good worker in a company getting high salary

To become rich with long-term investments, you must invest mush also. I am not sure that a beginner will start with big sums of money. He can better spend not more than 500 dollars (it depends on the guy's wages also) and then, see what to do further.

I believe this is not mandatory that we have to invest huge capital for long term investment, you will just make less profit.

Your risk appetite will help you to take a decision between day trade and long term investment.

If my capital is less and my risk appetite is minimum, I will obviously choose long term investment. Hence, choose wisely guys as any mistake will land you in trouble in this volatile market.

Herressy

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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.

Herry Toms

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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.

BitcoinTurk

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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 should do research before starting daily trading and start trading with low initial budget. Especially for these transactions you need to have knowledge and experience first because this market is not like other markets. There are many different incidents, traps and methods of losing money. For long-term investments, I do not think that the purchase price level is very important because short-term gains are not expected in long-term investments. Everyone needs to create a long-term investment basket, but it is important to do daily trading with some budget. It would be better for us investors to get an active and passive income instead of a single passive income.

emberbekas

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For a beginner, trading in the long term is most suitable. If you do not know how to determine the movement of coins, then you better not risk it. You have to read and learn a lot, but first you can invest in bitcoin and forget about it for a while.

Beginners can also use both methods. Save a few coins and keep them untouched for some period of time as a long-term investment, while doing daily trading with a small amount of money as a learning path. In this way, it is hoped that we can add more knowledge into our minds to make a better trading experience in the coming days.

hamster fat

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From my point of view long trade will give you more profit.
But day trading makes profit for you every day. So it depends. I prefer day trading

Scheede

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Growth has been around 8.something % avg. in beta version already.

udidrone

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Quote from: Nhebu on July 20, 2019, 07:47:04 PM

Day trading is only for full time traders. Those who have already name in this industry or the so called professional traders can only be in day trading. They already establish their daily routine and they know when market fades and be buoyant. The thing is, long term traders are those who have guts to hold their coin over a period of time. Fortunately, it is good because market double when bull run comes.

I think there are a lot of people who not really famous who already success in daily trading. Usually whales prefer to like long term trading and control bitcoin price even it is true or not only they who know about it. But if abouf daily trader usually is fulltime trader it is maybe right.

Golftech

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Both I do together, I have assets that I trade for the long term, but there are also some assets that I trade in the short term, so if I have free time I usually prefer to do daily trading.

For me doing both of it can give us profit but i am a busy person, i am working on a company that's why i prefer to do long term trading. And i am really confident that long term trade is still profitable thing to do, after holding a good coin for long time can make us earn huge profit.

It will depends on what coin/s you are holding for long term investment, you can workout with this type of system when you already have a good understanding with project that you invested your money, knowledge will gives you enough courage not to be move if ever there's some unexpected incidents that happened from your assets, long term holds lessen stress and keeps you away to from keeps tracking your investment.

olamidey

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There are advantages for daily Trade and long trade. This depends on the experience of the trader. Some make losses on daily trade while profiting on long trades and vice versa. It take lot of dedication and practice to get to this level.

EXtremeAEX

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In any case, in order to be successful in trading, you need to have some knowledge. Daily trading, in my opinion, is excellent as a practice for beginners (of course, trading only in small amounts of money). But it is quite dynamic, so you need to be prepared for sudden changes in the situation.
In turn, long-term trading is more relaxed and does not require the trader to control the situation every minute.

Nhebu

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Day trading is only for full time traders. Those who have already name in this industry or the so called professional traders can only be in day trading. They already establish their daily routine and they know when market fades and be buoyant. The thing is, long term traders are those who have guts to hold their coin over a period of time. Fortunately, it is good because market double when bull run comes.

senyorito123

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To suggest a much secure trading, I couldn't state it's sure at any estimable circumstances. But first and foremost it's demonstrated that longer trades do have abundant potential gains which will be will be adequate for our objectives on future trading efficiency. However, day trading wouldn't be ignored so far because sometimes it would be would be pertinent once market is effectively moving or evolving randomly.

hahay

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Doing both will get better, but when you first start it will be good to long trade, but at that trip you at least keep observe to the market movements that occur, so that you do a long trade but at the same time you continue to learn, slowly you will have a pattern to start daily trade with the experience gained at that time.

Spaffin

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Quote from: babysweetTiger0401 on July 20, 2019, 06:11:54 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 are now one of the traders now in crypto industry business mate, And for sure even up to now you are still on stage of learning huh?
If you are not sure about what you are doing in the actual trade platform, it is much better to apply long term trading rather than daily trade to minimize your loss anyhow.

It seems to me that for a beginner there should be no notion of daily trading or a lengthy transaction on a cryptocurrency exchange, because he is still at the stage of his training. This process can take quite a long time until a person perceives everything that happens on the stock exchange with an understanding of the whole process.

babysweetTiger0401

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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 you are now one of the traders now in crypto industry business mate, And for sure even up to now you are still on stage of learning huh?
If you are not sure about what you are doing in the actual trade platform, it is much better to apply long term trading rather than daily trade to minimize your loss anyhow.

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