Topic: Day trading or Long term - page 22. (Read 3717 times)

If you are good in trading then choose day trading. I see people with no bs that are real life traders and they're making a living off it.
But I know that long term it's just good to choose to be an investor and you don't have to put a lot of things into it compared to day trading.
so what makes you happy and profitable you do and you can even choose both of it if you're just too good to be both.

I do not agree with you because there are many people that are financially drained because they are trading. If it is holding, we can say 1 BTC is equal to 1 BTC, but trading is different. Some peoole will go more than 1x leverage or going short in a way that their trading assets can be liquidated. If you hold, that does not means you are missing any potential profit because you are not trading, but it might be that you are missing potential losses while holding might helped you in making enough profit.

Well, when you are talking about trading, I advise you to remove the context of HODLing from it, that is for investment, and not for retail traders like us. You can hold your trading position for long-term purposes, but it is not as in investment that people are mistaking a mere monthly investment for HODLing, you should be advised about it.

As for your inquisition, let me say that day trading is all the trades you open and conclude daily, meaning you are not leaving your position till the next day. This is short-term trading where traders can analyse the market for a short duration purpose and either scalp or trade within minutes and hours, but it will not be more than 24 hours depending on the time the trade opened the trade. A lot of strategies can be used here but most traders use between 1m-4H chart for it mostly. But this doesn't stop some traders from using higher charts for clarity, but will still close the trade on that day. They can also open and close many trades within a day.

For long-term trading, the context is relative, it could be a matter of days, weeks, or months, it all depends, though they are all called long-term trading. You can also use 4H-1M for this analysis. Both (Long and short-term trading) are nevertheless good for earning, it only depends on you as a trader. Your time for trading, the pattern, convenience, emotion and many other considerations are important to choosing what kind of trader you will be. This is even as all need discipline, expertise and management, and not better than each other as you believed. It depends on you.

When it comes to day trading or choosing long term investing, I think there are two criteria that will tell us very quickly which one to choose from. The first one is time and the second is profitability. Long term investing doesn't require a lot of time, we do some initial research to pick the best possible project to invest in and then we only need to monitor our investment and react. Whereas day trading requires a lot of time to constantly evaluate positions and trade on a regular basis. It should be very quickly be clear if we have the necessary spare time to trade every day beside our full time job. The second criteria is profitability, are making enough money with our trades? In case we have a good trading strategy that gives us decent returns after transaction cost, we still need to take our time into consideration. With trading we are can calculate our hourly profits and need to compare that to a traditional job that would also pay us per hour. Our opportunity costs need to be taken into consideration when deciding if we want to go for day trading or not.

Interesting question on day trading versus holding long-term! Going all-in on trading takes guts.  But do we really have to choose just one strategy? There seem to be middle ground options too like swing trading or dollar cost averaging into long positions over time.  Sure, buying and holding is less work, but we miss out on potential profits that way.  Maybe a balanced plan using both short-term trading and long investments based on your personal risk comfort makes sense? Diversity can be good.

OP if you are talking about day trading and long time holding then definitely holding is better than holding no comparison trading as here talking about trading as long time trading and short time trading like day trading then definitely day trading is better because. Those who are experienced about the market and have enough trading strategies can definitely bring success by trading. And no trading is suitable for those who are not experienced about trading and do not know the trading strategy.

Actually, I do both. While I have serveral open trade long-term, sometimes when I see opportunities in the market, I do day trade or scalping. You see, you don't have to choose which type of trading you want to do, as long as you can handle those trading types. Like me, I want a long-term trade in bitcoin, especially, but I sometimes do short-term or scalping when I see potential crypto currency or bitcoin as well. Yes, it's tiresome, but I get big rewards from what I'm doing. Let's say I like trading. When I have free time, I do trading or analyse the market. In that way, I could hone my trading skills more and earn more. So if you can do both, why not? Of course, you will sacrifice some time and effort to do so, and it is also mentally draining, so be prepared. Trading takes so much effort to do.

I think there is no need to confuse yourself since you can resort into doing both if you can cater well to both of its risks. A day trader can also be a long term holder, but not all the time a long term holder can be a reliable day trader. If you think you’re capable to do both, then much better. However, if you are still in the process of learning day trading, focus on long term hodling instead. You can do day trading in the future if you have the necessary skills and strategies to make it work, and of course the sufficient funds that it needs the most.

It depends on your own preference but if you are capable and skillful enough to do day trading, then never miss the chance to day trade and gain decent profits. However, if you are still hesitant and fearful of your ability to trade, hence settle for the less risky activity, that is long term hodling.

While both of these can bring significant profits, but it all depends on how capable you are as a day trader or as a long term hodler. Know where you are mostly good and skilled, then focus on that.

Actually i am day trader but some times day trade become long trade. Naturally i feel better to short trade mean day trade. I am comfortable with day trade. And some time i understand market movement and i wait for correct position. When i think now correct position then i take entry. And i take it for short time.

I always want to close any trade within that day. But some times my day trade become long trade. But i think day trade is huge risky. So i think both are good. Who understand which.

Although it is correct to say that people who have just started trading should size-up their capital by making long-term investments but there is actually a situation like this;

Someone new to trading must trade as much as possible to gain experience and learn how trading works in the financial markets. The reason for this is that experience in financial markets can only be gained by trading and as many transactions as possible are made in order to adapt to financial markets. For this reason, I think it would be more beneficial for someone who has just started trading, especially in the cryptocurrency markets, to constantly make daily buy-sell transactions with a maximum 5-10% of their budget to gain experience and gain knowledge. Of course, as I mentioned, it is very important that a person doesn’t use his/her entire budget until he/she has experience and knowledge because experience and knowledge in financial markets are best learned by losing money.

As a result, won't long-term investment by someone who has just started trading in financial markets and has no experience and knowledge not only provide him/her with financial gain? Shouldn't someone who sells a financial product he/she bought today for 10 times the price after 2 years gain any experience?

Totally depends on you on which one would suits you considering that not everyone would really be having on the same skills or knowledge when it comes to trading. Some can be able to bare up with the risks
and cant really be able to do so and this is why they do opt on holding instead on risking out on which it wont really be shocking that there would really be  those people who would really be that deciding
to hold their position for long term rather than on actively trading on which they cant be able to assure whether they would really be able to make profits with active trades or not.

Its a matter of choice on which i have said.This is actually my own questions too when i do start on trading on which you would really be testing out with that short trades on which we know
that having that short term gains or profits is much more better and much preferred but of course you would really be able to find out when it comes to the risks involved.
You would really be able to weigh in between risks and reward. If you do seem that you could really be able to take up the risks then go ahead with short trades
but if not then do the opposite.

Holding for long term is exactly suitable for lower risk takers. Meanwhile, day trading is usually more for high risk takers. There are several types of day trading that can be done, and whatever it is, of course professional day traders usually already have their own patterns for making very significant and possibly fantastic profits. So it's true that there will definitely be pros and cons to each. Meanwhile, what is dangerous is when we are not very familiar with day trading mechanisms or market analysis, but we join in day trading, especially in the future market, then this is really high risk and dangerous for people like that.

Personally, I'm a long term holding type only. because they don't have the ability to do day trading. So, instead of forcing myself to be involved in day trading, it's better for me to focus on the long term. Because this is more suited to what I can do.

It’s a matter of choice, if you are interested in trading, then you can do that, and if you are interested in holding, then it’s also fine, but some people do divide their money, and they will trade with some part and use the other part to invest. But we all know that trading is kind of difficult and risky. You have to be prepared to learn and keep it in practice before you start making money from trading, and if you are trading, then you are definitely going to be losing money sometimes. But if you really want to learn how to trade, I won’t discourage anyone from doing that. All professional traders also started as beginners.

You already explained the difference. I prefer holding coins because you don’t have to stress yourself out with any technical analysis or spend time monitoring the market, but I don't trade sometimes just to get money to take care of some necessary things that I need.

Honestly, it is a trick question, in fact, I am sure that someone with another context asked a similar question, I think the best way is to address it and not ask it, then in that idea, you can have better questions, such as what technique to use for day trading, anyway, always find people complaining, that it is not their thing, etc. But day trading is something you have to do because after trying it you discover that you have talent and if you don't you work hard.

That's why many say, "hodl." If someone knows how to do things well, they can make daily trading their profession, and fortunately that is the case, because if we all went to Hodl, how boring.

Stop asking and start trying it, find out for yourself if you have talent, so, take 40-60% for example of your capital, one part to hodl and trade with the other, no one can determine your skills or kill your dream of being a trader for a comment like, "just do it; hodl."

For most of the beginner traders, I won’t suggest for day trading since the process is quite tough and more risky. It requires a highly skilled and strategic trader so he can be profitable with his trades despite of the high risk. While it offers bigger amount of profits for those who are good in day trading, it can also be a source of instant losses for those who are not skilled enough. So day trading while performing high caution is always recommended.

However, long term hodling is always the safest option for the majority. Though the profits may still takes a longer time before it can be yours, but I would say its massive amount will bring higher satisfaction on us.

In general, trading is always riskier than investing for a long-term hold. Mostly, there are more holders than traders because most people don't want to face the hudles of trading, which can result in the loss of capital. As a holder, you don't need to stress your brain to make price predictions, and if you are holding, you will not lose any dime unless you sell your coin at a cheap price.

Well, if you actually have a passion for trading, you can try it; just invest the amount you are willing to lose. While trading, you can also be a holder by investing some funds in Bitcoin and still storing it in your cold wallet. As a trader, you can also be a holder. Don't take this as investment advice; only do what you can handle based on your personal decisions.

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.

It really depends on the amount of risk you are willing to take. Day trading has huge risk with it. But with high risk it comes with high returns also. Similarly in long term the risk associated is low. But the profits are also very less. Now if you want to take high risk, then do day trading. But if you are a newbie then investing for long term is the best option. At the starting of the career, too much greed is not good for health.

By dividing my capital into two, I make both long-term investments and day trading. Both of them have their own advantages but the risk of loss due to little price movements in daily trades is also quite high. If we compare both of my portfolios, especially in the last three years I can definitely say that I have earned more from long-term investments. Of course, constantly making money through daily trading is also a great advantage because every month I trade successfully, I earn at least as much as my salary from trading. In summary, long-term investments always allow you to earn more profits because they aren’t affected by small price movements but day trading leads to regular profits in the short term.