Topic: Day trading or Long term (Read 1454 times)

To find on what kind of trading you would really be dealing on with then you are the ones who would really be tending to find out because each person does have that different capability and traits/behavior on which dealing up with an unpredictable market is something that could trigger out different mindset and different emotions on which it would really be something that could affect when it comes to decision making.

Its true that you could really be able to make involved on both things if you are really that be able to handle yourself on doing so. Short term or long term then it all matters on your preference.
Me too on which i have some bags for long term holds at the same time i do make out some short trades considering that i do have that enough capital plus the time that i could really make use on.
Actually it would really be just that a matter on how you would really be handling up your time and your finances since not all would really be on the same situation.
So decisions would really vary basing up with those factors.

You are right that both can be done simultaneously, so if we have measured our abilities and we consider ourselves able to do both, then we can do it simultaneously. However, if we feel we have to choose one, it is also legal, that is up to us.
Yes, if we are too afraid of risks then we will never make a profit, because every time we want to do something that fear will come to us and it might become an obstacle that in the end we never want to do it. However, we also have to be able to measure risks, what risks we can take and what kinds of risks we should not take. We must be able to adapt to the limits of our abilities, don't let it look like we are forcing ourselves in the end.

But instead, it will produce losses due to unexpected decision making which mostly cause by short market movement, there are instances that instead of keeping your assets, you quickly move it and sell it out thinking that the market is not good and will continue to expereince more downfall, and same with you, there are people who made it while practicing the virtue of keep holding,

those kinds of traders who choose to invest with time and not to allow fears to dominate inside them, with enough knowledge about the market they able to manifest with how the market is showing now, you just need to continue learning the proper process and find the right path to follow for your investment.

Hodling and trading are two different things that can be done simultaneously by anyone, so people who have long-term plans for these two things must of course be able to throw away their worries while still carrying out these things. Moreover, now there is enough evidence from people who are still doing it as you say, so that people who haven't done it can have the enthusiasm to try it with quite a lot of confidence. Because sometimes being too afraid of the risk of loss will not produce more meaningful profits in anything.

What can you afford and what knowledge have you?

 - Daytrading = Risky and needs enough capital to run and the outcome is based on your understanding
and knowledge to how and what to do.


 - Long Term Holding = this needs not enough knowledge as long as you are investing at least in Bitcoin
or those high ranking coin that may not be dead for some years and more.

If it is a day-trading, it will not last 2 days, it must be concluded on that day, and that is why they call it such. But at times, it could last longer due to the mismanagement of the trader, but in this case, the initial intention was to day trade, but in the end, it lasted beyond it which is understandable, notwithstanding, it does not warrant day trading to last for 2 days, that was just an excessive trading of it.

Besides, whether it's a day-trading or long-term strategy, all that matters is the knowledge of the trader about it. Some day traders are good at it and so long-term traders are good at it, which is why you have to learn and train regarding what you learn about the two before you know the one that will be better for you as it will always vary among traders due to many factors attached to them and the time and plan of the trader towards trading.

However, if it is about the easier one, I go for the long-term trading, it is so convenient if I must say.

Why not do it both? Keep some amount for long term holding and liquidate some portion of your crypto to do the day trading? In that way, you'll be able to earn in trading even if the market is bearish and you still have some crypto savings for long term investment that could result in big profit if the market pumps. I actually do this kind of strategy and sometimes the day trading gives me profit that I can be use for my expenses or needs and whenever I earn good profit I save a percentage of my weekly profit to my long term investment. In that way I managed to save more in my long term investment while still having profit from day trade.

I oppose to the general idea of this. Because Long term and Short Term trading just have the same of level of implied risk. You can both lose money. The only distinction between is the two is the time horizon of the trade. In long term trading or investing, it also will take you time to prove to you whether you are right or wrong. In day trading, the result is immediate.

That's why the type of trading or exposure you have in the market should be in line with traders personality. Regardless of how good he strategy is, if it does not resonate with the trader. It's more likely that they won't follow it.

in normal circumstances I know very well that in cryptocurrency investment the one that matters most is a investment that will give you profit and I know that a long-term investment is something that gives you profit is long-term investment, some people do invest in short-term investment and some persons like long-term investment due to the profits that is involved on it, I know very well that cryptocurrency investment is with targets if you really want to make a profit, if you want to make a profit in cryptocurrency make sure you invested for long term is due to they want profit

Day trading needs more technical analysis to make quick profit on a daily by monitoring the price volatility of the market.
Long term which is also referred to as holding.Holding requires patience and fundamental knowledge on the market.
Trading is more risky compared to holding.Traders are sometimes exposed to losses while investors are not exposed to losses all that because their coins are held for some months and years with the expectation that the price of the coin will offer huge return.

Holding is not for those who want a quick return on investment. Because holding usually requires a long wait. Holding is not suitable for those who want cash as cash has a correlation with short term trading whereas those who want big returns and are ready to hold for long term can be solid holders. A long-term holder can trade if he wants but a short-term trader cannot hold long-term if he wants. However, in the case of day trading or short term traders, making profit is not a very easy task. A long term trader on the other hand has a relatively easy task. Even if he does not have knowledge about various matters, he does not have to face any problem in the field of holding. Ultimately which direction a trader chooses is entirely up to him.

HODLING is less risky.

We have been holding for years and we're a real testament to it and that's why we're still doing it. You trade freely and do everything that you want to do.

But as you trade, don't forget about the importance of having your own holding that you're setting for the long term because it will bag you more profit.

Day trading is actually trading crypto coins, while keeping for long term is investment, so the former is short term and the latter is long term, so the better one depends on the preference of every individual. Although more people hodl which is investment than trading, because it's less risky compared to trading, but it can be boring just waiting for a very long time, even years to get the perfect ROI, where you can make as much in trading on a very short time, or lose everything. Trading is very technical and requires learning skills but investment doesn't need much skills to start, but it's important to hodl  reputable coins like Bitcoin.

Actually, it depends. If you can do a lot of research and you have enough time to do it, you may go for day trading. You won't make much by doing spot day trading if your capital is not big enough. But, if ou take leverage from exchanges, you are taking a risk of getting liquidated. Altcoins are better for day trade because alts move faster than Bitcoin. But, if you want to do long term trade, you should pick coins that are less volatile. BTC and ETH could be example. To be honest, I should say BTC only. Even though I do not trade much, still if you ask me to pick one option, I will choose Long term spot trading and I will pick BTC as currency.

Day trading is very profitable if you can do proper analysis and chart analysis to understand when a coin will pump and buy that coin at that time to earn profit. Although day trading is very profitable, it is very risky because there is a high chance of losing. But if you want to hold for long term, in this case you can expect to get profit if you invest in top coins and hold it for a long time. so in this case, the risk is a little less than day trading. so you can use whatever you afford because both are risky

The only time I might see day trading as a task is when I want to liquidate my coins and have to spot trade inorder to find a buyer. Besides this, long term investment in BTC is worth giving a try when there's a good DCA strategy to follow and being disciplined enough about doing so.
The volatility of BTC is even not as random as when trading altcoins and as such BTC long term investment has a better option on returns over day trading.

It depends. Usually day trading is more popular and for me, it takes 1/2 days to compete a trading base on altcoin circumstances. There are many altcoins what newly launched and sometime if you see that your project is getting pump continuously then i don't found any necessary to close your trade? Rather let it expand some more days right? I think this is how things works. But as crypto market is volatile, that's why can't execute trade for long and most of the time day trading perform better

Basically all traders come with the intention and goal of making a profit but there may be differences in terms of how to get it, some trade with short time frames and some do it by applying long-term planning using fundamental analysis, but for this problem I think it depends on the situation and conditions, simply put if for example you are very busy in your daily life with a lot of activities then yes maybe you can try to trade by applying long-term planning and take maximum profit at the end of the plan you made.

But if for example you are not too busy or have a lot of free time then yes there is nothing wrong with being a day trader using technical analysis, but maybe you really need to have very good risk management if you want to be a day trader because every day you will be in front of the monitor screen to analyze the market and open trading positions where there is a possibility of emotions when you experience losses and also quite a lot of other factors that can trigger problems, because not every day you can focus on analyzing, because usually from the experience I have there are always times when I am not focused because at certain times I have personal problems outside of trading matters that make me less than optimal in terms of analyzing and also that make me easily provoked emotions, but the rest is up to you because this is a choice.

It depends, sometimes it's beneficial to go with long term or sometimes focus on day trading. Holding might give you potential gain but ensure you're updated about the market and set stop loss properly to avoid huge losses, similarly when the market fluctuates heavily opportunity should be taken from day trading. Such as lately, BGB has gained 107% from its base price of $0.65 and achieved ATH of $1.35, a lot have taken benefit from it in the short term. Nowadays people prefer to rotate their portfolio according to market sentiment and utilise the perfect entry and exit option to earn from it.

I'm generally investor type, not a trades that much. But i think trades depends on time, news, potentiality, technical analysis and so on. And bese on that, you need to take decision. Some projects is suitable for day trading and you also found some projects that are for long term. But in Crypto market, i prefer day trading. Actually crypto market is different from other market. You can see a good pumping token today, will turn into the top losser project tomorrow. So need to take decision wisely