Topic: Day trading or Long term - page 9. (Read 3728 times)

That is the decision of each person whether they want to trust the Exchange or not in the staking that is carried out. I really understand how the exchange works, it's not our key it's not our coin, we don't have full control and at any time the funds can be lost when it's on the exchange.

Therefore, don't put all the funds in the main wallet, that's the best.
Exchanges like Binance also have guarantees for users with SAFU when some hack or funds suddenly disappear,
but not always a 100% expectation, there will definitely be burdensome rules.

Choosing for the long term or as a Holder may be much better.
I am a little stressed when I have to trade daily, and it really interferes with my daily routine and routine.
Buy and hold until the main target is achieved, it will be better and not make me stressed.

When you do have that sufficient or simply a big capital or amount then you could really be that versatile as much as you could on which this is something the benefit or advantage when you do have that bigger amount or money that you could really be able to put on. Even if we do speak about saving it up or staking with having that considerable APY then it would really be that an advantage but of course in every advantage it would really be having also that cons too on which this would really be that particularly connect out when it comes to overall security on which we know that exchanges could really be having.For me even on how interesting or really that tempting that APY but still im not really that too confident on leaving up my funds on exchangers whether it would really be small or big, i just cant bare up with the risks.

Speaking in choosing in between day trading or long term then it would really be just that depending on you because you are the ones who would really be making out some trading
and you are the ones who would really be doing the planning and the decisions that you would really be making.

Long-term trading is investment by reducing risk which helps us to keep our savings fairly safe, which is very helpful or important for us to raise capital. However there are many who prefer to invest or trade on a short-term basis. It is a bit more risky and requires a lot of knowledge. Now the issue is that he will go and do business where he is more comfortable and prudent.

There are many kinds of platforms that provide flexible savings as you mean, Crypto or Even Non-crypto.
Exchanges like binance provide this kind of savings with an APY of around 7.22% for USDT and can be different for other coins.

For trading using small capital it is also not very effective, even it will take a long time to make a profit.
But with large capital it will be done quickly as long as you know how to do good and correct trading management and understand technical analysis.

If I had enough money, would buy some Bitcoin for the long term and potential altcoins like ETH, that would be my investment.
And to meet the needs of flexible trading and staking, it can be an original choice with sufficient knowledge, and Fiat or cash is a must-have.

Both options will be good for only those who have experience in them but if a person does not know about the basics then both will be hard for them and will require a tough time. Long term trading is easy in case you have a longer time to think accurately while in daily trading you will sell and buy on a daily basis in which loss will be maximum if you don't understand the basics.

Experience and knowledge are needed for both because trading is a very risky field so you cannot say that if you have experience and know everything related to trading then trading will be 100% in your favor.

The markets are too volatile these days don't like to hold trades at all they usually results in Break-evens i now prefer to use the lower time frames in which I could get one to two trades per day.

Most of the time yes,it's an strategy for big companies who got that resources to stay focus in holding their assets till it brings the result that they are aiming, like what you mentioned small traders will be on a difficult situation especially when the market start to dumped down and reached the very bottom it can burned all their investments and with the emotions which always been the big factor when trading it surely change the directions of anybody who are seeing their money being sucked by the market.

Chances to sell and quit is more likely may happen and it's really hard to fought against your own emotions.

I don't think any of us here are ready to trade for a long time. This kind of trading is known as institutional trading and it mostly takes up to 6 months in trade. This kind of trade is mostly done by big companies and firms that have the tools and the fund to in the market for a very long time. This kind of trade is not exhibited by an individual nor small companies that might not have the necessary tools or skill to trade for such a very long time. We can always make huge amount of money from this kind of trade.

Long-term holding doesn't require any skills or strategy regarding the trading aspect, all it needs the basic knowledge of the potential value of the asset and how to keep it safe from scammers and hackers better to just not do anything at all once you buy it for a while. Day trading is indeed more profitable in theory however making the consistent profits all day long consistently is not possible and it's like you win every bet you make or one lost bet can consume your capital that is what same applies to day trading as well.

Basically both options are very good because they both require capital, what you need to think about is the need for experience in the field of daily trading or long-term trading because there must be basic knowledge about it, with this knowledge it will be easier to reach the goal point and always be successful even though there are many risks that we will go through.

I only consider daily trading if i were to use future's leverage, I think thats the most viable way to profit, otherwise as you said, the profit wouldn't be maximal, when crypto rises, sometime it rises multiple folds breaking the records and such opportunity you won't find with just daily trading where probably you gonna cash it out when the price hitting 5% increase, but with leverage trading that 5% turned into 25% and so on, depends on the leveraged capital and how much risk you willing to take with the margin profit.
the future leverage feature proven to be helpful when i'm trying to profit from volatility but never mistaken it for easy money because the slightest sudden price correction means we are losing our highly leveraged capital.
meanwhile with long term trading its safe and sound.

I think it is a fair exchange, with long term trading you sacrifice the leisure of getting profit in fast manner while in fast paced daily trading you sacrifice the potential of the massive profit for holding it longer or in other word becoming a diamond hand which many times I think most people just fail to do this challenge.

Honestly if the money is abundant it might make sense to invest the money into some kind of flexible saving or some thing that gives promised APY but also give the safety, since we are just seeking in fulfilling basic needs, I think those APY of 5% are fine if our capital is big, but if we have small capital, trading is definitely the way to go.
it always comes down to being flexible based on our own capital and capabilities, i personally think many other also using the same strategy.

Holding assets for a long time is indeed the best choice rather than having to do daily trading which might leave us trapped at high prices. But when you have a lot of money that can be used as capital, it is best to divide it into two parts for long-term holding and for daily holding which can provide money to buy food or other living necessities every day.

If we cannot accept such a big risk, then holding in the long term is an option that we can do. Because if we force ourselves to keep trading even though we are not ready for the risks, then that is not good for us.
Holding it in the long term can make us calmer, because we are only required to be patient. However, we also have to ensure that the coins we hold are coins that are truly trusted, like bitcoin for example. We also cannot choose just any coin because not all coins have good potential, for example we cannot invest in meme coins which will only exist when there is hype, when the hype disappears then the meme coins will also sink.

Well, I also tend to trade long term rather than daily. However, the impression of daily trading is that it is too pushy and has a profit level that is not optimal. However, there are many advantages to long-term trading, such as you can hold while adding to the asset little by little, or use the DCA method. This will result in a high increase in profits when the price rises. I have proven it several times.

Basically, you have to have an idea before deciding to choose short-term trading or long-term savings in the investment model that is run on Bitcoin. Without good knowledge you cannot make the right decisions because there is nothing you can implement. Short-term trading is also difficult to carry out because of the volatility which tends to make it difficult for people to test the analysis of the coins being traded.

Holding does not require a lot of technical knowledge because you only need to think about how to survive and not panic in downturns. People prefer long-term investments because they do not require a lot of technical knowledge, as long as they are able to think about holding the chosen bitcoin is more than enough.

Therefore, good knowledge is needed in carrying out trading and without this knowledge it will be difficult to survive. If asked which one is better, it really depends on how much knowledge a person has and I understand investment patterns much better than trading.

Profit is less in day trading but strong analysis is required. Day trading is suitable for small traders. But I think long term investment is suitable for those who have extra money. It has less stress. If you buy the top coins of the market like BTC, ETH and hold them long term, the chances of profit from them are very high. Day trading and long term both have advantages and disadvantages. However, each one is suitable for each person.

Yeah, any advice received from anyone is useless if a person doesn't have the basic knowledge to understand that advice and act upon it. A lot of people get into trading and they join certain signal groups to get signals and make trades according to them, they may earn some money initially but they need to know that they can't keep doing that forever, and if they aren't focusing on learning everything themselves, they will have a hard time in the future.

You can't stay dependent on others all the time and there will be a time when you will be on your own and when that time comes, you will regret not trying to get enough knowledge and trying to understand how things work around the industry you are in so that you can do everything yourself.

I prefer long term trading more than day trading. Because day trading is risky. If your analysis is wrong, you will lose a lot. And if you buy top coins and hold long term during the bear market, the chances of profit are very high. But for that you need to have extra assets that you can keep long term.

Advice is just advice if we don't have the basics for analyzing the market or an asset, in my opinion it's useless. Daily trading has much greater risks than if we choose the long term. Yes, we don't just stick to one or two coins to trade in the market. If we don't have basic analysis, we should choose the one with minimal risk by holding the long term, which is much better than the short term.

It is an important thing that every one of us needs to take action by setting a target on a long-term basis to become rich. Those who fail to set these targets will not see the face of success i.e. their every step will be a pre-determined plan to help them achieve their dreams. Now after setting the target sometimes success will come very easily, when you give up, you will have to face danger. May need to take a break for a while to adjust my mindset and then be active again.