Day trading or Long term - page 17. | Bitcointalksearch.org

poodle63

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Quote from: batang_bitcoin on March 21, 2024, 05:20:06 PM

Man, what worked for me is to be a long-term investor. It could also work for you as it had worked for the majority of us here. If you can't handle the risk that the day trading has and you're unsure what it is going to be daily then you have to stop that. I do believe that there are great traders that have chosen to be day traders and then they're also investing to the market for their long term holds. So, what's the better option? I don't know what will work for you as you need also to check yourself on the span of your goal staying on this market.

day trading only worked for people that are experienced enough with trading that they are used to the mentally exhausting activity of always monitoring the market and also predicting future prices based on the chart, personally as well i find that to be difficult and maybe just like you find long term investing to be the most viable out of all.
after all, what we need to do is just buy when low then just wait it out as we have known the usual price cycle for the bitcoin and altcoin its really easy to know when we can make entry and until what prices we can eventually dump our coin.
the only disadvantage though if the market suddenly bearish that it dumps 80% like last year, nobody predicted that and it will definitely causes the holder to be losing their unrealized profit.
but as far as we buy at the lowest possible, we definitely got the advantage if compared with other people out there.
at least if it dumps so hard worst case scenario is that we are losing the profit but not the initial capital.

sulendra12

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Quote from: casey15 on February 09, 2024, 06:50:23 AM

The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better

Trading and holding like you said here is different, since with hodling the time you spend to hold is indefinite it just depends on when said holder want to withdraw their money for any reasons. But in trading, you need to determine when to buy/sell it since the profit depends on your decision making in here especially if you are a day trader where if you miss a single second the price and your decision would be different.

Long term hodling is my choice currently since I don't really have much time to check any news and updates regularly for day trading unlike long-term hodling where I just check the news occasionally and keep DCAing.

batang_bitcoin

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Man, what worked for me is to be a long-term investor. It could also work for you as it had worked for the majority of us here. If you can't handle the risk that the day trading has and you're unsure what it is going to be daily then you have to stop that. I do believe that there are great traders that have chosen to be day traders and then they're also investing to the market for their long term holds. So, what's the better option? I don't know what will work for you as you need also to check yourself on the span of your goal staying on this market.

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Quote from: MFahad on March 21, 2024, 04:39:53 PM

Quote from: Adams0001 on March 11, 2024, 05:08:01 AM

Anything about crypto is risk is just you to get the analysis on how to minimize your risk so that you won't be losing anytime, trading is very good because he brings funds when you are lucky and get knowledge on it because sometimes even if you understand everything about trading when you are not lucky you will still be losing, that is why I have not engaged myself very well in trading because I have not gotten enough knowledge that I need to start trading am just learning it gradually, am just focusing on long term investment because that is the only why I think that will minimise my risk very well, without losing many money and you most profitable on it if is long term.

You did the right thing in my opinion that you didn't get engaged with trading that much when you didn't have enough knowledge about it. Most people don't care about this thing but it is a mistake, one shouldn't get into trading if they don't have enough knowledge about it because that would only make them lose their money in the long run how can you sustain an activity that you know nothing about?
People who don't know much but still want to earn profit should make investments in cryptocurrencies such as Bitcoin because you don't need to do much analysis or anything to do that.

It is very good for us to know what we are doing and the kind of trader that we are without going too far from our limit.
Since we are many ways we could gamble and try to make money for ourselves, it is very important we keep doing the right things to make sure that we get good results from the market. We can always make money from trading if we know how to gamble and make money for ourselves without having to give someone money to trade for us, we need to keep doing that with rewards.

MFahad

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Quote from: Adams0001 on March 11, 2024, 05:08:01 AM

Anything about crypto is risk is just you to get the analysis on how to minimize your risk so that you won't be losing anytime, trading is very good because he brings funds when you are lucky and get knowledge on it because sometimes even if you understand everything about trading when you are not lucky you will still be losing, that is why I have not engaged myself very well in trading because I have not gotten enough knowledge that I need to start trading am just learning it gradually, am just focusing on long term investment because that is the only why I think that will minimise my risk very well, without losing many money and you most profitable on it if is long term.

You did the right thing in my opinion that you didn't get engaged with trading that much when you didn't have enough knowledge about it. Most people don't care about this thing but it is a mistake, one shouldn't get into trading if they don't have enough knowledge about it because that would only make them lose their money in the long run how can you sustain an activity that you know nothing about?
People who don't know much but still want to earn profit should make investments in cryptocurrencies such as Bitcoin because you don't need to do much analysis or anything to do that.

Zanab247

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Quote from: Ricardo11

I think long term investment is better, as day trading comes with high risk. But the profit in day trading is also high. But in day trading, as there is profit, the possibility of loss is very high. In that case the investment is low-risk. If you can invest for the long term and hold for a long time, you can make a lot of money from the investment as well. Only the investment should be for long term. And never stop holding in panic. But you will be able to make a lot of money from holdings as well. I always hold using DCA method and I think long term investment is best.

Long team investment give big profit but you have to hodl that coins for a long period of time before it will bring exactly the profit you want but short term investment will be bringing you little profits that will make you to buy again when the price go down.

But is not easy to hodl long as a trader but if you can make up your mind to hodl it long for the bull run to come before you can trade your coins, it will make you an expert in crypto trading which is the strategy some traders are using in the market to take big profit from their long trading.

bangjoe

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Quote from: Adams0001 on March 11, 2024, 05:08:01 AM

Quote from: |MINER| on March 09, 2024, 12:36:56 PM

Both day trading and long term trading are risky.You have to be very skilled to do day trading.Because it is necessary to understand the market risk and trade in a short time.That is the amount of risk is relatively high.Because risk assessment in day trading is somewhat difficult.But in case of long term ready car the amount of risk is less.It is invested and traded for long periods of time.It is easy to assess risk.So most of the people have long term credit.People who do day trading are used to excessive risk.And they are always under a pressure.But long term trading is less stressful.

Anything about crypto is risk is just you to get the analysis on how to minimize your risk so that you won't be losing anytime, trading is very good because he brings funds when you are lucky and get knowledge on it because sometimes even if you understand everything about trading when you are not lucky you will still be losing, that is why I have not engaged myself very well in trading because I have not gotten enough knowledge that I need to start trading am just learning it gradually, am just focusing on long term investment because that is the only why I think that will minimise my risk very well, without losing many money and you most profitable on it if is long term.

yes everything is risky even when you are silent in your life that does not do anything it will have a risk in life, in daily or monthly trading is much more risky daily, especially the trade you do is trading futures or binary it is very risky, you will get a safe trade if you do spot trading, after all crypto growth and price increases on a monthly basis have increased since Q4 last year, it shows long-term trading is very effective than daily that maybe you can lose your money, but if it is done with spot trading just need to wait for the price to return and you will not get a financial loss, it may be a matter of time.

Ayers

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Quote from: Cryptmuster on March 11, 2024, 04:52:44 AM

Quote from: ultrloa on March 11, 2024, 03:50:23 AM

The risk is so high for day trading since you can possibly lose some huge amount of your capital on single mistake made and we are prone to encounter those FUD,FOMO or anything that can affect our decision so if we are not prepared nor have enough patience to deal with this then I guess its better to gain a lot of knowledge first so that we can avoid to lose due to unwanted circumstances and can decide for ourselves when doing trading decisions.

Although long term holding have risk but not the same when you do daily trades since you just need to wait for the set time before you decide to sell and you provably not get affected on any current happening in the market especially if you already set your target and intend that balance for long term.

I have made comparisons several times, and not only with day trading, but also with medium-term trading, and I can say that they will always lose to a hold (long-term trading, in my understanding, is a hold). It may make sense to trade when the market is in the accumulation phase in a bear market, but in a growing bull market, there is no point in trading, you just need to choose a good coin and wait for profit, this will bring a better result than trading.

I am not against day trading because this is also an effective way to make profits if you have trading knowledge and skills. But I like your thinking, during the rising season we should limit transactions and focus on long-term holding because profits will be higher.

I'm the one who made this mistake. I thought the bullish season hadn't come yet and there was still plenty of time for me to accumulate the projects I loved. I started taking some capital to day trade and with the goal of increasing the number of coins I was holding. But as a result, bitcoin skyrocketed and pulled the market higher, I missed out on some of my favorite coins and now have to buy them at a higher price. I only earned a few percent on each daily transaction but the value of those coins increased 5 to 6 times. If I didn't use trading to optimize my coin holdings, my profit today would be huge. And this is just one of the disadvantages of trading compared to holding during the bull season, holding during the bull season is the method that brings the greatest profits.

Adams0001

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Quote from: |MINER| on March 09, 2024, 12:36:56 PM

Both day trading and long term trading are risky.You have to be very skilled to do day trading.Because it is necessary to understand the market risk and trade in a short time.That is the amount of risk is relatively high.Because risk assessment in day trading is somewhat difficult.But in case of long term ready car the amount of risk is less.It is invested and traded for long periods of time.It is easy to assess risk.So most of the people have long term credit.People who do day trading are used to excessive risk.And they are always under a pressure.But long term trading is less stressful.

Anything about crypto is risk is just you to get the analysis on how to minimize your risk so that you won't be losing anytime, trading is very good because he brings funds when you are lucky and get knowledge on it because sometimes even if you understand everything about trading when you are not lucky you will still be losing, that is why I have not engaged myself very well in trading because I have not gotten enough knowledge that I need to start trading am just learning it gradually, am just focusing on long term investment because that is the only why I think that will minimise my risk very well, without losing many money and you most profitable on it if is long term.

Cryptmuster

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Quote from: ultrloa on March 11, 2024, 03:50:23 AM

The risk is so high for day trading since you can possibly lose some huge amount of your capital on single mistake made and we are prone to encounter those FUD,FOMO or anything that can affect our decision so if we are not prepared nor have enough patience to deal with this then I guess its better to gain a lot of knowledge first so that we can avoid to lose due to unwanted circumstances and can decide for ourselves when doing trading decisions.

Although long term holding have risk but not the same when you do daily trades since you just need to wait for the set time before you decide to sell and you provably not get affected on any current happening in the market especially if you already set your target and intend that balance for long term.

I have made comparisons several times, and not only with day trading, but also with medium-term trading, and I can say that they will always lose to a hold (long-term trading, in my understanding, is a hold). It may make sense to trade when the market is in the accumulation phase in a bear market, but in a growing bull market, there is no point in trading, you just need to choose a good coin and wait for profit, this will bring a better result than trading.

ultrloa

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Quote from: |MINER| on March 09, 2024, 12:36:56 PM

Both day trading and long term trading are risky.You have to be very skilled to do day trading.Because it is necessary to understand the market risk and trade in a short time.That is the amount of risk is relatively high.Because risk assessment in day trading is somewhat difficult.But in case of long term ready car the amount of risk is less.It is invested and traded for long periods of time.It is easy to assess risk.So most of the people have long term credit.People who do day trading are used to excessive risk.And they are always under a pressure.But long term trading is less stressful.

The risk is so high for day trading since you can possibly lose some huge amount of your capital on single mistake made and we are prone to encounter those FUD,FOMO or anything that can affect our decision so if we are not prepared nor have enough patience to deal with this then I guess its better to gain a lot of knowledge first so that we can avoid to lose due to unwanted circumstances and can decide for ourselves when doing trading decisions.

Although long term holding have risk but not the same when you do daily trades since you just need to wait for the set time before you decide to sell and you provably not get affected on any current happening in the market especially if you already set your target and intend that balance for long term.

cryptoWODL

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Although there are risks involved in both day trading and long term trading, I feel that day trading is more risky than long term trading. Many of us may think that trading is very easy but it is not. Trading is very risky and we must become experienced about trading. If we are not experienced about trading then we might face huge losses by trading in wrong coins.

Day trading is a short-term trading style. A day trader must have very good analytical skills otherwise he cannot succeed in day trading. Moreover a day trader uses various technical tools. Day traders are called day traders because they trade during the day. I think long term trading has less risk and less loss. Most of those who trade long-term trade in Bitcoin. Long term investment is suitable for those who have small business job or other high income. If someone invests for a long time in Bitcoin then he can definitely benefit from Bitcoin.

|MINER|

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Both day trading and long term trading are risky.You have to be very skilled to do day trading.Because it is necessary to understand the market risk and trade in a short time.That is the amount of risk is relatively high.Because risk assessment in day trading is somewhat difficult.But in case of long term ready car the amount of risk is less.It is invested and traded for long periods of time.It is easy to assess risk.So most of the people have long term credit.People who do day trading are used to excessive risk.And they are always under a pressure.But long term trading is less stressful.

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Quote from: adpinbr on March 08, 2024, 02:19:12 PM

Yes, it is an open market for people that want to do a day-to-day trading, but that is a lot of things involved on day to day trading the risk of losing your capital or your trade is high because you are entering the market at any time. Your coin is not stable. Actually, it is good to go into the trading but for me I don’t really see much fun on daytrading I just buy hood because of my experience I have also listened to a lot of advice on Trading and the kind of coin to buy but I end up losing a lot.

It is only fun when you are getting profit from your trades even if it isn't the case for each trade but most of them. One doesn't need to have perfect consistency because that isn't possible, even the experts in the market would have failed trades because it is a volatile market and you can never perfectly predict the future outcomes of certain cryptocurrencies.

So, if someone wants to start day trading, they need to gain enough knowledge before they get into it so that their experience stays fun throughout the journey and as I said, that is only possible if one is profitable in their trading activities despite their losing trades.

BD Technical

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If you want to date during the day you have to do binary trading with very little profit or risk. In that case if you do binary training you must be skillful and you must have idea without idea or without your basics you can't profit from trading in life. Also now everyone is into trading because everyone is seeing price rise in pir coin because everyone is buying and keeping in bitcoin buying and keeping bitcoin will bring good profit in your future or your dividend. But bro, I suggest you do long term test because the risk is less if you have a fever, but if you are on a diet, your loss is a little more. But if you have a lot of profit in bhaginai trading, I understand that you will be profitable, your profit will increase but your loss and probability should be understood at 80%.

xandriel

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It depends on what coin you hold. Only hold the top 10 coins for the long term. Even if they are in the top 10, they can still become dead coins at any time. For meme coins, most of them are not suitable for long-term holding. Grin

shawonngp

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I am trading in day trading and long term trading, i would like to day trading with meme coins because those coins pumping and also dumping in every day, now hype coins are going crazy and i am holding shiba inu,pepe and floki and i sold a few times with profits. Long term trading is BTC,ETH and some other alt coins. I did both of trading.

boyptc

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Best is to wait and do nothing.

I've been on this game for long time and I can say that I am definitely one of the long term investors out there that have been monitoring the markets as much as I can.

Not giving a lot of effort but when it comes to investing, that's where I am putting my all when I am confident that it's the best time to buy.

Oneandpure

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Daily trading we can earn profit every day or short term trade and potential to earn up to few percent every entry without holding for long term, but daily trading can't reach up until hundred percentage of profitable difference with long term trading.
But in long term trading need more patience waiting the coins or bitcoin up drastically and take longer time with more long term holding has chance to earn bigger profitable.
Depend with your financial condition if stable and have passive income in other side you can make cryptocurrency for long term trading, seems difficult without have side or main job to make bitcoin or altcoin investment become long term trading without earn any income yet in daily day difference for investors they have main job and side income.

Hypnosis00

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Asking which is better day trading or investing? Well, that depends on your capacity and risk appetite. The most important is we need to assess ourselves and what we think suits us because it is not just we are talking about how much we possibly earn but we are talking about which one is ideal for us.

I can choose trading if I know myself I can do well or choose to just invest because there is less risk and no pressure. Or we can take them both. But why I suggest investing over trading because it is the simplest thing to do. Just Buy and Hold it for a few years, we can already earn money. But in trading, we need to exert effort in dealing with the day-to-day market volatility and also carefully analyze the situation before placing an order. That is a lot of hard work and patience.

Topic: Day trading or Long term - page 17. (Read 3728 times)