Day Trading (Scalping) and Long term trading

noormcs5

hero member

Activity: 2660

Merit: 614

Leading Crypto Sports Betting & Casino Platform

Quote from: Racekid on January 05, 2018, 12:37:22 AM

Which is better to make more profit between Day Trading and Long teem trading. I want to make more profits trading Cryptocurrency, I need to know which of the two makes huge return mostly

Then you should choose long term trading. In day trading you buy and sell within day how could you earn huge profit except you use big capital. Otherwise all the time long term trading give you big profit. Personally i always do long term trading and in this wise all the time you can take good decision. Actually in day trading you all the time confuse to sell the coins.

jsrenthourse

member

Activity: 238

Merit: 10

Quote from: Racekid on January 05, 2018, 12:37:22 AM

Which is better to make more profit between Day Trading and Long teem trading. I want to make more profits trading Cryptocurrency, I need to know which of the two makes huge return mostly

I think we should trade by day, because the present time the market is constantly fluctuating and can change constantly. So to get the highest profit and lowest risk, trade by day is the best option. We know that the price of a bitcoin is going down dramatically in the last 4 weeks. The bitcoin price has dropped from $ 20,000 to more than $ 7000, which is more than 70% of the value. This is the time to trade bitcoin.

virasisog

hero member

Activity: 1820

Merit: 537

Quote from: criz2fer on January 24, 2018, 09:19:42 AM

Quote from: Racekid on January 05, 2018, 12:37:22 AM

Which is better to make more profit between Day Trading and Long teem trading. I want to make more profits trading Cryptocurrency, I need to know which of the two makes huge return mostly

I also have tried day trade which really make a stressfull day because mostly of my trade was a loss. Rather than risking on it, I tried a week trade which was really effective. Just setting up my selling value which I buy at lowest. Some times it would take a 100% increase which really make a difference in my trade. After that, I will buy again a new coin and sell it again even at 10% profit.

Scalping or daily trading needs a good skills in knowing when to buy and when to exite mostly they use Technical analysis. Based on my experience you are right daily trading was too stressful because one time that you don't sell in a specific price and you're out what i mean is your stratedgy goes back to zero. In long term there are no big stress because you can leave it for a week or months and go back you may see a nice gains on that already depending on the potential of an altcoin.

criz2fer

full member

Activity: 672

Merit: 127

Quote from: Racekid on January 05, 2018, 12:37:22 AM

Which is better to make more profit between Day Trading and Long teem trading. I want to make more profits trading Cryptocurrency, I need to know which of the two makes huge return mostly

I also have tried day trade which really make a stressfull day because mostly of my trade was a loss. Rather than risking on it, I tried a week trade which was really effective. Just setting up my selling value which I buy at lowest. Some times it would take a 100% increase which really make a difference in my trade. After that, I will buy again a new coin and sell it again even at 10% profit.

eugene_leonard

newbie

Activity: 23

Merit: 0

I have experience with both strategies.
IMO, in the short-term and Mid-term, Scalping gain more profits than Long-term trading.
But in the long-term, Long-term trading gain more profits than Scalping.

maeusi

sr. member

Activity: 462

Merit: 254

Take the majority part of your funds into longterm and a little part to day trading, if you are smart enough to gain daily 1 or 2 % profit in average. Longterm will cover your funds from sudden losses. Short term is for fast earnings.

brontosaurus

sr. member

Activity: 441

Merit: 250

Quote from: Racekid on January 05, 2018, 12:37:22 AM

Which is better to make more profit between Day Trading and Long teem trading. I want to make more profits trading Cryptocurrency, I need to know which of the two makes huge return mostly

If you are a big fan of some one single currency and you are quite sure that this currency will boom in future due to such a great concept it has or whatever the reason is then I think you will be better if you HODL it. But if you are of an opinion that every crypto is shit in long term but can give a good gain daily then scalping is your cup of tea. Scalping requires much more headache while hodling is quite soothing option for many.

herurist

sr. member

Activity: 1680

Merit: 259

Quote from: Racekid on January 05, 2018, 12:37:22 AM

Which is better to make more profit between Day Trading and Long teem trading. I want to make more profits trading Cryptocurrency, I need to know which of the two makes huge return mostly

Long term trading is better, I don't need waste my time see the chart & get stress. Day trading is just like employee work on the factory but long term trading is similar with boss, have extra time for him self but need more patience to get profit. Whatever you do, make sure you're understand what is it and have passion to win. Go now and have a nice day to you.

arlington

sr. member

Activity: 476

Merit: 250

I like scalping, it is fun but also stressful and scalping if you can use it in the right way can bring a lots of profits in a short term and makes you more experienced trader

vk279

full member

Activity: 195

Merit: 100

Biggest gains happen with long term HODLing. Almost all crypto millionnaires attribute their success to holding the crypto for potential gains.
I allocated 75% of my portfolio to long term and 25% to short term trading.
I would love to scalp Bitcoin as there are so many beautiful swings on a daily basis but havent't found a good platform.
There are some FX brokers that offer Btc trading but the spread is so wide it makes scalping not very profitable.
I wonder what platform all the scalpers here use.

matico

full member

Activity: 504

Merit: 100

The Standard Protocol - Solving Inflation

Holding in my experience have huge return on investment provided that you can hold. Holding is more sophisticated than what many people will admit. It take serious metal strength for you to see serious profit and not take it while you wait for another better pricing!

Basaleyi

member

Activity: 171

Merit: 10

Day trading is more profitable only if :
- merged with good experience
- greedy person definitely will loose
- capital of at least 2 BTC +

cryptoblue77

member

Activity: 472

Merit: 10

Invest majority of your funds for long-term trading. Keep a small portion for day traing (scalping). Day trading is very risky, you have to have enough experience to be successful.

johny.valencia2

jr. member

Activity: 58

Merit: 10

Day Trading takes a lot of your chance and just if you have some additional time and the quality to focus on the graphs for the duration of the day making advantage, by then this should be for you. however long haul exchanging doesn't require too much of my venture and I can continue with various activities as well. Both are outstandingly profitable and it totally depends upon you. You can start with both, and as time goes on, see how you have to play your card.

TyfrTR

sr. member

Activity: 312

Merit: 272

I think that day trading is for high-skilled and experienced traders. And long term trading (which I do) for cyrpto-currency enthusiasts.
I could never to be succesful in day trading. But I know plenty of people who are spending their 12 hours in a day with day trading and earning good profits.

bizbwan

newbie

Activity: 38

Merit: 0

Long term trading has more promising result but may get you into a lost too while scalping gives you adrenaline rush and profits fast.for me Id like to go on to scalping and hold on to coins which is listed on top on cmc. i do scalping but I always make sure I leave some coins so if ever it pumps I still hold some.

wuvdoll

legendary

Activity: 1442

Merit: 1025

Quote from: marqonah on January 14, 2018, 03:16:30 AM

Quote from: Racekid on January 05, 2018, 12:37:22 AM

Which is better to make more profit between Day Trading and Long teem trading. I want to make more profits trading Cryptocurrency, I need to know which of the two makes huge return mostly

I think both types of trading are equally generating a large return, and also high risk. but if you already believe one of these trades then should occupied with your skills and strategies. This trade is very profitable for us, but if you do not know how to trade then it will not be profitable, but will harm your own. then before trading should first learn how to trade, so no trouble in trading later.

Yes, this is quite better than to work blindly. You shouldn’t be working in this field if you don’t have any basic knowledge of what is right and what is wrong. Many people have been scammed by the hackers and other fake exchanges as they don’t know what are ifs and buts of it. So, trading requires some strong conceptual knowledge so that the results can be produced better.

km4700ruda

full member

Activity: 518

Merit: 100

They both are good, i am always looking forward to keep holding for a while, for me, this is much more profitable than just keep doing day trade, and you require a lot of time everyday in order to be able to do it. So for me, holding is 100 times better.

vit05

hero member

Activity: 672

Merit: 526

You could do both on crypto. You could have coins that you truly believe in the long term and just put on a paper wallet. And others you could
use the exchanges to do scalping.
Scalping is hard because you need understand the graphics and could never be sad about a loss. Just work harder to put some gains in the
end of the day

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: wayaneka on January 15, 2018, 10:56:01 PM

Actually scalping promising higher profit than longterm trading but will be more difficult to do it and need more time. Beside that we should be has good skill and risk management so we not loss and miss big profit. But to know how expert we can do it just divide the money in to 2 portfolio , 30% for scalping and 70% for long term trading, by doing both we will know which will be more profitable that depending our skill.

That's right, you need to have the skills to be able to be consistent in making day trading profitable on your side.
Volatility will give you a chance therefore you need to focus and study well the assets that you are planning to buy and sell at short term.
Major reasons why the price move is the news, so update yourself on that.

Topic: Day Trading (Scalping) and Long term trading (Read 681 times)