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Topic: Long Term VS Daily Trading - page 10. (Read 3899 times)

jr. member
Activity: 48
Merit: 1
November 12, 2019, 04:24:57 AM
Long-term investment in cryptocurrencies is now better, because so many coins have fallen to the bottom. This is a great opportunity to buy them. But I would advise you to buy only omnet from the top 100, the rest are likely to die. Here's a study that says why most altcoins will die
https://neironix.io/news/guides/can_bitcoin_force_altcoins_out_a_brief_analysis_of_the_current_situation
sr. member
Activity: 1484
Merit: 253
November 12, 2019, 02:26:19 AM
in my opinion daily trading is still the best, why do I say it is still the best because as my own experience originally wanted to trade long-term, after making a profit that's where the feeling of lacking will accompany. and finally feel less continue until finally the profit is reversed into a loss. different from daily trading has ensured the profit we want to get.
Whether it is day trading or long term trading, one shall always set some goals according to the predictions of experts and the potential of the coins you are holding. Of course if in long term trading you is not withdrawing profit in surge just to see the maximum amount a coin can reach, and then it is your fault not of long term trading. Short term trading generates continuous profits but far less than long term trading.

Relying on experts is not good, it is wise and better if we will have our own way of analysis, although, sometimes we need to have the opinions of some experts especially those who are trusted one, who are giving real score, real analysis, signal, and those who are stating the advantage and disadvantages if ever you would like to take risk on it.

We can't learn easily by doing on our self in which we need a proper guidance by those a lot of experience people around us. If we try to analyze on the long term it really takes time to wait and must a lot of patience you have. On the other hand of daily trading it needs much more time as you always monitor it every now and then. So much better, hear some advices for those users here in crypto currency community.
sr. member
Activity: 686
Merit: 257
November 12, 2019, 01:56:45 AM
in my opinion daily trading is still the best, why do I say it is still the best because as my own experience originally wanted to trade long-term, after making a profit that's where the feeling of lacking will accompany. and finally feel less continue until finally the profit is reversed into a loss. different from daily trading has ensured the profit we want to get.
Whether it is day trading or long term trading, one shall always set some goals according to the predictions of experts and the potential of the coins you are holding. Of course if in long term trading you is not withdrawing profit in surge just to see the maximum amount a coin can reach, and then it is your fault not of long term trading. Short term trading generates continuous profits but far less than long term trading.

Relying on experts is not good, it is wise and better if we will have our own way of analysis, although, sometimes we need to have the opinions of some experts especially those who are trusted one, who are giving real score, real analysis, signal, and those who are stating the advantage and disadvantages if ever you would like to take risk on it.
sr. member
Activity: 952
Merit: 251
November 11, 2019, 12:50:12 PM
in my opinion daily trading is still the best, why do I say it is still the best because as my own experience originally wanted to trade long-term, after making a profit that's where the feeling of lacking will accompany. and finally feel less continue until finally the profit is reversed into a loss. different from daily trading has ensured the profit we want to get.
Whether it is day trading or long term trading, one shall always set some goals according to the predictions of experts and the potential of the coins you are holding. Of course if in long term trading you is not withdrawing profit in surge just to see the maximum amount a coin can reach, and then it is your fault not of long term trading. Short term trading generates continuous profits but far less than long term trading.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
November 10, 2019, 11:26:27 PM
in my opinion daily trading is still the best, why do I say it is still the best because as my own experience originally wanted to trade long-term, after making a profit that's where the feeling of lacking will accompany. and finally feel less continue until finally the profit is reversed into a loss. different from daily trading has ensured the profit we want to get.
Experienced really matters in terms of choosing the types of trading style to workout, if you see the benefits with scalping or short term gains then it will be appropriate to choose this type of trading. If you understand and knows how to handle the risk then it's really a good style to play with this
market. Though most of the time risk is high due to fluctuating market  if you are willing to take and you are good in stopping right away, then you
can really make a good outcome from this market.
sr. member
Activity: 980
Merit: 255
HALA MADRID
November 10, 2019, 09:48:24 PM
Long Term

Long-term investments have a smaller risk because you avoid the mistake of guessing prices in the short term.

Daily Trading

Short-term trading opens and closes positions in less than a day, and of course means you will experience a higher level of stress compared to long-term investors.

Source
Source
legendary
Activity: 2338
Merit: 1084
zknodes.org
November 09, 2019, 03:00:39 PM
in my opinion daily trading is still the best, why do I say it is still the best because as my own experience originally wanted to trade long-term, after making a profit that's where the feeling of lacking will accompany. and finally feel less continue until finally the profit is reversed into a loss. different from daily trading has ensured the profit we want to get.
copper member
Activity: 1050
Merit: 294
November 09, 2019, 11:51:25 AM
There are numerous threads for long term and daily trading, you should need to look into it by searching.
Don't immediately start trading because it seems you don't have even a basic knowledge of cryptos.
First learn about the cryptos (which is quite easy) and then learn trading by getting into the market.
hero member
Activity: 1092
Merit: 501
November 07, 2019, 10:06:35 PM
Learning by experience is a very effective way to learn but it is also incredibly painful, it is better to try to learn all what you can before you try to become a trader, if people did this I am sure we will not see as many traders making the same mistakes all the time, another factor against trading at this moment is that many choose to invest in altcoins because they want to multiply their bitcoin in a fast way but with altcoins in such a bad shape it is better to wait until things change.

Thats the thing about trading though, you can't really learn it from reading books (except for some TA basics), you have to learn from experience. One way to get experience without suffering losses is just trading without any money, write down every trade you would make but don't actually do them, then after a while you can see and evaluate what your result would have been. Or you can also just start with a small amount, that'll feel more realistic and you won't have to worry about losses.

And then when you feel you're experienced enough you can start trading real money  Wink
You can learn in that way but very few traders take the time to paper trade, what I see most of the time is that they make a few of those trades and if things point out to a favourable outcome then they get convinced they can make money in the market when their sample size is too small to make those kind of conclusions, you need to do this for long enough to understand how your system behaves under many different circumstances, after all you may have a system that makes you a fortune in a bull market but if it losses everything during a bear market than that system is useless.
hero member
Activity: 2408
Merit: 584
November 07, 2019, 04:15:59 PM
Learning by experience is a very effective way to learn but it is also incredibly painful, it is better to try to learn all what you can before you try to become a trader, if people did this I am sure we will not see as many traders making the same mistakes all the time, another factor against trading at this moment is that many choose to invest in altcoins because they want to multiply their bitcoin in a fast way but with altcoins in such a bad shape it is better to wait until things change.

Thats the thing about trading though, you can't really learn it from reading books (except for some TA basics), you have to learn from experience. One way to get experience without suffering losses is just trading without any money, write down every trade you would make but don't actually do them, then after a while you can see and evaluate what your result would have been. Or you can also just start with a small amount, that'll feel more realistic and you won't have to worry about losses.

And then when you feel you're experienced enough you can start trading real money  Wink
Trading is something practical not theoretical so this is why traders are unable to understand the concept fully simply by going through books. These books definitely can help you when you are executing discussed trading techniques with real money. So the best way to learn as you discussed is by performing trading techniques with small amount of money rather than going for risky trading amount.
full member
Activity: 1292
Merit: 101
Vave.com
November 07, 2019, 12:42:16 PM
Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.
I think you will have a good result after doing hard work .Its so good you are passing time to get the market .There is nothing concern here about daily or long time trade .I think you need to research and study more.
sr. member
Activity: 952
Merit: 251
November 07, 2019, 10:55:35 AM
It is clear that long-term trading is much better than daily or short-term trading, and long-term trading is far more profitable and doing trading calmly and without worry and panic.
long-term trading risks only require strong patience and no time limit and just waiting for prices to go up high to make sales.
I believed the simplest between the two is the long-term trading as you rightly said it can easily be adopted by a beginner or newbie in trading, patience is the key to towards becoming profitable in a long run in such type of trading and its is not too complex to understand it technicalities however daily trading requires highly sophisticated skills in both fundamental and technical analysis especially ability to reading charts and price Action.
Long term trading suits everyone whether person is a newbie or an expert because the risk of losses is minimized in this type of trading and this is the reason, majority of the crypto market customers are practicing long term trading. Of course trader is free from all technical games and complexities, he simply has to buy in bearish market and sell when he has reached his set target of profits.
hero member
Activity: 2814
Merit: 518
November 06, 2019, 06:30:26 PM
One disadvantage in long term trading is that we can't sure if able to reach our expectations and gain more profits. We could only have this assurance if we only hold Bitcoin as we know its high potentiality over the other which we could expect that price may soar high in the future. Other from that, it will be a big struggle for us.

What makes difficult in Daily Trading is the high risk of losing especially when you are a high emotional trader. There is only a thin chance of making money here which is difficult for beginners and might only suffer consequences of losing.  
newbie
Activity: 26
Merit: 0
November 06, 2019, 05:58:37 PM
Really it depends on the trader. Some people can handle emotions and patience more easily when trading longer term than short term.
hero member
Activity: 907
Merit: 500
November 06, 2019, 01:26:20 PM
Long-term cryptocurrency is better than day trading. Look at the statistics: almost all day traders lost a deposit, but scammers were able to increase their fortune tenfold

Long term holding is less stressful then day trading, but holding cant be interesting as day trading. I have fun, I never risk more then I can lose, so it always interesting, even if I lose some money.
Scammers are everywhere, that's why you should trade only with top coins, the ones with high volume. If you trade with any shit coin you come across, its very possible for you to lose your money on pump and dump scheme! So be careful where you trade, with which coin you trade and you will not have problems with scammers.
There are different timings we see in the crypto market in which we have to act according to the condition as if in the market if most of the coins are in upward rally then we have to do day trading in which we earn confirmed income if we sell before any fall of the price while if we are not in rally then we have to invest either in high ranked coins or have to stay updated with all coins and have to invest in that particular coin in which there is any great news or development coming from the developers of the coin.
hero member
Activity: 1106
Merit: 502
November 06, 2019, 12:43:54 PM
Long-term cryptocurrency is better than day trading. Look at the statistics: almost all day traders lost a deposit, but scammers were able to increase their fortune tenfold
If someone keep investing their profits again and again into earlier capital after every trade then they have better chance of making more profits than long term traders but if you are making losses ad profits then your capital will go as the transaction fee so you will be in loss at the end with no benefits for doing such effort on your daily trading activities that is the reason why long term trading was suggested.
nothing is better, both are the same. in my opinion, it depends on your expertise in analyzing. if you want the long term, good to do on bitcoin because ultimately the price will continue to rise.
while altcoin is not so good for the long term. You can see the history of ATH prices on altcoin which is difficult to achieve again. while bitcoin will continue to make new history. So basically daily trading is good for those of you who rely on income from trading, while the long term is good for those who have a salary and keep it in bitcoin as a long term.
member
Activity: 1204
Merit: 38
November 06, 2019, 11:53:23 AM
Long-term cryptocurrency is better than day trading. Look at the statistics: almost all day traders lost a deposit, but scammers were able to increase their fortune tenfold
If someone keep investing their profits again and again into earlier capital after every trade then they have better chance of making more profits than long term traders but if you are making losses ad profits then your capital will go as the transaction fee so you will be in loss at the end with no benefits for doing such effort on your daily trading activities that is the reason why long term trading was suggested.
sr. member
Activity: 980
Merit: 255
HALA MADRID
November 06, 2019, 10:50:00 AM
Long term

With long-term investing you will avoid major mistakes. For example, when the market is gloomy and the stock price we have dropped by 5%, we take the decision to sell to avoid larger losses. Apparently the next day news emerged so well that the stock price rose 10% and the next day the stock price went up steadily.

Daily Trading

If daily trades often buy and sell transactions will pay a large transaction fee without realizing it. If every trade transaction you pay costs 0.5% of the transaction is made and within one month there are 10 transactions then at least you have lost 5% of your transaction.

The more profitable is actually dependent altcoin also, If Bitcoin, ETH, BCH, LTC and BNB I played long term.But if the altcoin is priced under $1 I play daily trades.
legendary
Activity: 3248
Merit: 1179
November 06, 2019, 03:05:04 AM
Long-term cryptocurrency is better than day trading. Look at the statistics: almost all day traders lost a deposit, but scammers were able to increase their fortune tenfold

Long term holding is less stressful then day trading, but holding cant be interesting as day trading. I have fun, I never risk more then I can lose, so it always interesting, even if I lose some money.
Scammers are everywhere, that's why you should trade only with top coins, the ones with high volume. If you trade with any shit coin you come across, its very possible for you to lose your money on pump and dump scheme! So be careful where you trade, with which coin you trade and you will not have problems with scammers.
jr. member
Activity: 48
Merit: 1
November 06, 2019, 02:28:37 AM
Long-term cryptocurrency is better than day trading. Look at the statistics: almost all day traders lost a deposit, but scammers were able to increase their fortune tenfold
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