Long Term VS Daily Trading - page 2.

novaprime

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Quote from: NavI_027 on January 16, 2020, 02:02:21 AM

Quote from: coin_1122 on January 16, 2020, 01:23:42 AM

Quote from: ?? on ??

I think long term trading is less risky. Another benefit is that you avoid all the trading fees that you have to overcome with day trading plus the fact that you will make some mistakes that cost you money.

Agree, we need to spend a lot of money in trading fee because if we don't make any profits we should hold it for the long term. Instead of entering a higher value it is better to grab them when the coin prices are very low in the market and it will surely help us to make some decent profit in the long term.

It is all true! When it comes to risk, long term holding is the best because your money is just stagnant and only price volatility is your enemy. Well, if you already feel contented on small profits by just waiting tirelessly then go ahead there's nothing wrong with it; but if you do such thing, never expect having larger chance of becoming a btc millionaire huh Grin

.

Sometimes it is not bad to go outside our comfort zones. Just be careful and courageous and a fruitful victory awaits for you

.

Long term holding is a popular way of making money in the bear market, but any investment is risky if you do not have good knowledge because this market is really harsh. I think by all means you have to ensure your current profit and always set a stop loss to avoid losing money when participating. Beside, when choosing long term investment, you need to make sure that investment does not affect your current life.

I usually only choose coins that are in the top 50 and limit investment of new coins because I know for sure that new coins usually only go up in a short amount of time.

Janation

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Quote from: kodtycoon on January 14, 2020, 01:29:40 PM

if the advice here makes you more worried to start trading, then what else are you looking for with lots of advice given? wouldn't it be better for you to trade immediately using money that you can eliminate so you know what risks you will at least get when trading, because of how you want to learn and become better if you are just afraid or worried about losing with many risks

It is better to know the risk beforehand.

Jus diving into the water without knowing the risk is dangerous. You don't know how to avoid it after diving in, and instead of you losing, you can immediately gather profit. Knowing the risk can really help, that also goes with a lot of investors and the trades that they've done in the past as a beginner. Losing is also good though since that can give you a good experience.

NavI_027

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Quote from: coin_1122 on January 16, 2020, 01:23:42 AM

Quote from: ?? on ??

I think long term trading is less risky. Another benefit is that you avoid all the trading fees that you have to overcome with day trading plus the fact that you will make some mistakes that cost you money.

Agree, we need to spend a lot of money in trading fee because if we don't make any profits we should hold it for the long term. Instead of entering a higher value it is better to grab them when the coin prices are very low in the market and it will surely help us to make some decent profit in the long term.

It is all true! When it comes to risk, long term holding is the best because your money is just stagnant and only price volatility is your enemy. Well, if you already feel contented on small profits by just waiting tirelessly then go ahead there's nothing wrong with it; but if you do such thing, never expect having larger chance of becoming a btc millionaire huh Grin

.

Sometimes it is not bad to go outside our comfort zones. Just be careful and courageous and a fruitful victory awaits for you

.

coin_1122

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Quote from: ?? on ??

I think long term trading is less risky. Another benefit is that you avoid all the trading fees that you have to overcome with day trading plus the fact that you will make some mistakes that cost you money.

Agree, we need to spend a lot of money in trading fee because if we don't make any profits we should hold it for the long term. Instead of entering a higher value it is better to grab them when the coin prices are very low in the market and it will surely help us to make some decent profit in the long term.

Omega Weapon

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Quote from: ?? on ??

I am not much of a fan of long term trading in crypto. See, if you're going for profit in cryptos with least risk possible, swing trades are the best option where you trade till one short term wave ends. In long term, your investment will go through many manipulation and uncertainty which isn't really healthy in case of cryptos. Also, earning greater percentage isn't that tough in case of crypto, so I don't really see a use of long term trade in crypros.

And exactly how being a short term trader is going to protect you from the manipulations of the market? If anything you're going to be even more affected by them, if you are a short term trader you know what I'm talking about, it is not really weird for bitcoin to go up in price hundreds of dollars in a matter of minutes and unless you are watching the market right at that moment you're going to miss that movement and when you try to capture it then that movement is going to reverse and you are going to lose whatever capital that you invested.

MancyZz

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Quote from: luckyflop on January 14, 2020, 01:18:43 PM

Quote from: Shasha80 on January 14, 2020, 09:36:45 AM

Quote from: ?? on ??

I am not much of a fan of long term trading in crypto. See, if you're going for profit in cryptos with least risk possible, swing trades are the best option where you trade till one short term wave ends. In long term, your investment will go through many manipulation and uncertainty which isn't really healthy in case of cryptos. Also, earning greater percentage isn't that tough in case of crypto, so I don't really see a use of long term trade in crypros.

I also agree with you that long term trading is indeed less profitable compared to swing trade or daily trade. Because of the long term trading
had to go through a variety of market manipulations carried out by whales, honestly this looks unhealthy to do. Especially long term trades
the profit generated will not be as many as daily trades that can generate profits almost every day. This is the reason why I don't choose long term
trading to use.

But long-term trading will help make it less secure for less experienced investors. They may take longer to get profit, but they will not suffer a loss. Trading daily is very difficult for newbie and inexperienced people. They may lose money every day and it can make them hasty and continue to make the wrong investment decisions in the next days. I personally have seen a lot of people fail with trading daily and they turn to long-term hold

yeah people who hold for long term is persons that not want take the risk for their fund, ussually people for this case who choice hold for long term only make the fund safe not lose more deeply. exactly people like this case hold for long term better than lose their fund today
indeed daily trade need more knowledge to do, you have to learn about the coins before you trade

kodtycoon

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if the advice here makes you more worried to start trading, then what else are you looking for with lots of advice given? wouldn't it be better for you to trade immediately using money that you can eliminate so you know what risks you will at least get when trading, because of how you want to learn and become better if you are just afraid or worried about losing with many risks

luckyflop

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Quote from: Shasha80 on January 14, 2020, 09:36:45 AM

Quote from: ?? on ??

I am not much of a fan of long term trading in crypto. See, if you're going for profit in cryptos with least risk possible, swing trades are the best option where you trade till one short term wave ends. In long term, your investment will go through many manipulation and uncertainty which isn't really healthy in case of cryptos. Also, earning greater percentage isn't that tough in case of crypto, so I don't really see a use of long term trade in crypros.

I also agree with you that long term trading is indeed less profitable compared to swing trade or daily trade. Because of the long term trading
had to go through a variety of market manipulations carried out by whales, honestly this looks unhealthy to do. Especially long term trades
the profit generated will not be as many as daily trades that can generate profits almost every day. This is the reason why I don't choose long term
trading to use.

But long-term trading will help make it less secure for less experienced investors. They may take longer to get profit, but they will not suffer a loss. Trading daily is very difficult for newbie and inexperienced people. They may lose money every day and it can make them hasty and continue to make the wrong investment decisions in the next days. I personally have seen a lot of people fail with trading daily and they turn to long-term hold

Triffin

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Quote from: Shasha80 on January 14, 2020, 09:36:45 AM

Quote from: ?? on ??

I am not much of a fan of long term trading in crypto. See, if you're going for profit in cryptos with least risk possible, swing trades are the best option where you trade till one short term wave ends. In long term, your investment will go through many manipulation and uncertainty which isn't really healthy in case of cryptos. Also, earning greater percentage isn't that tough in case of crypto, so I don't really see a use of long term trade in crypros.

I also agree with you that long term trading is indeed less profitable compared to swing trade or daily trade. Because of the long term trading
had to go through a variety of market manipulations carried out by whales, honestly this looks unhealthy to do. Especially long term trades
the profit generated will not be as many as daily trades that can generate profits almost every day. This is the reason why I don't choose long term
trading to use.

I know it’s low profit but its safe to trade for long term and you will lose almost nothing in case of any bad circumstance as you can hold and wait in red market then again trade at green. Daily trading has more profit but it needs expert trading skills and miner mistake will make you meet with lose. That’s why be safe and use long term trading its special advise for newbie.

huige007

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Quote from: Shasha80 on January 14, 2020, 09:36:45 AM

Quote from: ?? on ??

I am not much of a fan of long term trading in crypto. See, if you're going for profit in cryptos with least risk possible, swing trades are the best option where you trade till one short term wave ends. In long term, your investment will go through many manipulation and uncertainty which isn't really healthy in case of cryptos. Also, earning greater percentage isn't that tough in case of crypto, so I don't really see a use of long term trade in crypros.

I also agree with you that long term trading is indeed less profitable compared to swing trade or daily trade. Because of the long term trading
had to go through a variety of market manipulations carried out by whales, honestly this looks unhealthy to do. Especially long term trades
the profit generated will not be as many as daily trades that can generate profits almost every day. This is the reason why I don't choose long term
trading to use.

I also prefer short term trading for those who are actually not much experienced. Long term trading is not easy at all. You have to keep an eye on all the events regarding fluctuations in the price of the currency that you are currently investing into. Short term trading is not a way to earn big profits but yet it could serve as a source of earning money in a little time.

Shasha80

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Quote from: ?? on ??

I am not much of a fan of long term trading in crypto. See, if you're going for profit in cryptos with least risk possible, swing trades are the best option where you trade till one short term wave ends. In long term, your investment will go through many manipulation and uncertainty which isn't really healthy in case of cryptos. Also, earning greater percentage isn't that tough in case of crypto, so I don't really see a use of long term trade in crypros.

I also agree with you that long term trading is indeed less profitable compared to swing trade or daily trade. Because of the long term trading
had to go through a variety of market manipulations carried out by whales, honestly this looks unhealthy to do. Especially long term trades
the profit generated will not be as many as daily trades that can generate profits almost every day. This is the reason why I don't choose long term
trading to use.

Omega Weapon

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Activity: 1092

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Quote from: codegnome on January 07, 2020, 09:01:25 PM

Quote from: huige007 on January 07, 2020, 08:18:03 AM

Both long term and daily trading could be beneficial .This is dependent upon the nature of the trader as well as t5he kind of experience that the person is having in this field. Trading is all about experience as well as the knowledge about this profession. This is not the case all the time that you will win. Loss could be on your profit so you need to be ready all the time.

In my opinion, there is a very big difference. To make a profit from daytrading, you need to have a lot of knowledge and the greatest experience. When it comes to long-term investments, it's enough for someone to tell you one good shot. After buying, just wait and decide when to sell. I agree that both options can be profitable, but the experience must be quite different.

The necessary requirements to become successful as a day trader or as a long term trader are completely different, one of the most important characteristics of a long term trader is that he needs to be very patient because it can take months for him to obtain any profits and you need to think very carefully about each movement that you make otherwise you're going to lose money, but when it comes to day trading the most important characteristic is your ability to think fast and being able to take decisions in a matter of seconds.

codegnome

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Quote from: huige007 on January 07, 2020, 08:18:03 AM

Both long term and daily trading could be beneficial .This is dependent upon the nature of the trader as well as t5he kind of experience that the person is having in this field. Trading is all about experience as well as the knowledge about this profession. This is not the case all the time that you will win. Loss could be on your profit so you need to be ready all the time.

In my opinion, there is a very big difference. To make a profit from daytrading, you need to have a lot of knowledge and the greatest experience. When it comes to long-term investments, it's enough for someone to tell you one good shot. After buying, just wait and decide when to sell. I agree that both options can be profitable, but the experience must be quite different.

huige007

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Quote from: BitcoinHunt3r on January 06, 2020, 10:57:11 AM

Quote from: Karmakid on January 06, 2020, 08:51:58 AM

Quote from: alan2here on January 06, 2020, 04:39:20 AM

Quote from: redsun114 on January 03, 2020, 09:35:15 PM

The decision should be yours to make, you shouldn’t let anyone tell you what to do. If you are interested in trading then you should do that. And as for those that are telling you that there are lots of risks in trading, well, they are saying the truth, there are lots of people who lose money in trading but there are still a few that makes a lot of money from trading and they are still human beings like you, if they can do it you can as well do it.

Long term Hodl/Investment, as they say, is very easy and there isn’t really much work to do in it, you just have to find the right cryptocurrency and invest in it for a long term.

Agree. You need to decide on everything and to do this you need to have good knowledge related to the market. Most new investors will tend to choose more long-term investments because this is the simplest way to make a profit. However, it is not always profitable because the crypto market is very volatile and often turns red very quickly.

I have been staying in this market for a long time but my trading and investment experience is still very bad so I will still try to improve myself to be able to earn stable profits in the near future.

Then there is something wrong with your strategy of investing and trading. If your result is still bad then look at your past performances and check the strategies that you used so you can see if which is not working and that is how you can change your results. If you look at your mistakes and change it for the better then your experience will be now turned into a good one.

Yes, in trading maybe strategy of each person is different. Good for us maybe not good for the others. That is why each people really need to find strategy that suit for them. Like what you all said, maybe this maybe that and OP can try all our suggestion here and if he really like, he can use the strategy that he think really fit with him.

Both long term and daily trading could be beneficial .This is dependent upon the nature of the trader as well as t5he kind of experience that the person is having in this field. Trading is all about experience as well as the knowledge about this profession. This is not the case all the time that you will win. Loss could be on your profit so you need to be ready all the time.

Omega Weapon

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Quote from: Captain Corporate on January 03, 2020, 10:26:33 AM

Long term has the ability of "ease of mind" where you don't basically work for your money, you don't worry about what to do and how to do it and if there is a better way to do it or what you should research or if any new news could change the new thing you do etc etc etc. Day trading have the "possibility" of making more money, now don't get me wrong its not possible to make more money most of the time but at least it has that ability.

So I prefer long term much better, its just easier for me and I don't have to do anything at all, just buy bitcoin and thats it, there is literally no step 2 in this process just step 1 where you buy bitcoin, I may end up not selling until I actually retire but I have a secret hope that maybe I won't even cash out than and just leave all my coins to my kids? That could be really awesome and could change their lives so much as well.

Even if you say there is no step 2 you recognize there is and that is knowing when to sell, right now the price of bitcoin is going up nicely, most likely many people are going to excited and try to see if this is the beginning of a larger trend so the question is should you keep your coins or sell? If you are a long term holder then you will keep holding but what if the price was 50k or 100k? Will you keep holding? My point is that your strategy seems to be incomplete since at some point you will need to sell some bitcoin and you better do it when it is at its highest point.

BitcoinHunt3r

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Quote from: Karmakid on January 06, 2020, 08:51:58 AM

Quote from: alan2here on January 06, 2020, 04:39:20 AM

Quote from: redsun114 on January 03, 2020, 09:35:15 PM

The decision should be yours to make, you shouldn’t let anyone tell you what to do. If you are interested in trading then you should do that. And as for those that are telling you that there are lots of risks in trading, well, they are saying the truth, there are lots of people who lose money in trading but there are still a few that makes a lot of money from trading and they are still human beings like you, if they can do it you can as well do it.

Long term Hodl/Investment, as they say, is very easy and there isn’t really much work to do in it, you just have to find the right cryptocurrency and invest in it for a long term.

Agree. You need to decide on everything and to do this you need to have good knowledge related to the market. Most new investors will tend to choose more long-term investments because this is the simplest way to make a profit. However, it is not always profitable because the crypto market is very volatile and often turns red very quickly.

I have been staying in this market for a long time but my trading and investment experience is still very bad so I will still try to improve myself to be able to earn stable profits in the near future.

Then there is something wrong with your strategy of investing and trading. If your result is still bad then look at your past performances and check the strategies that you used so you can see if which is not working and that is how you can change your results. If you look at your mistakes and change it for the better then your experience will be now turned into a good one.

Yes, in trading maybe strategy of each person is different. Good for us maybe not good for the others. That is why each people really need to find strategy that suit for them. Like what you all said, maybe this maybe that and OP can try all our suggestion here and if he really like, he can use the strategy that he think really fit with him.

Karmakid

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Quote from: alan2here on January 06, 2020, 04:39:20 AM

Quote from: redsun114 on January 03, 2020, 09:35:15 PM

The decision should be yours to make, you shouldn’t let anyone tell you what to do. If you are interested in trading then you should do that. And as for those that are telling you that there are lots of risks in trading, well, they are saying the truth, there are lots of people who lose money in trading but there are still a few that makes a lot of money from trading and they are still human beings like you, if they can do it you can as well do it.

Long term Hodl/Investment, as they say, is very easy and there isn’t really much work to do in it, you just have to find the right cryptocurrency and invest in it for a long term.

Agree. You need to decide on everything and to do this you need to have good knowledge related to the market. Most new investors will tend to choose more long-term investments because this is the simplest way to make a profit. However, it is not always profitable because the crypto market is very volatile and often turns red very quickly.

I have been staying in this market for a long time but my trading and investment experience is still very bad so I will still try to improve myself to be able to earn stable profits in the near future.

Then there is something wrong with your strategy of investing and trading. If your result is still bad then look at your past performances and check the strategies that you used so you can see if which is not working and that is how you can change your results. If you look at your mistakes and change it for the better then your experience will be now turned into a good one.

Alice Nuttal

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Quote from: Jellachrist on October 29, 2019, 08:15:20 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.

Best Regards

CHRIS

Well, according to your description, I think long-term trading would fit you the best. You can simply buy some coins from exchanges that allow doing it via debit/credit cards or wires (like CEX.IO, Coinbase or Kraken). And hold them for a while. When holding, you can freely research specifics of the crypto world, trading, investments. etc.

alan2here

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Quote from: redsun114 on January 03, 2020, 09:35:15 PM

The decision should be yours to make, you shouldn’t let anyone tell you what to do. If you are interested in trading then you should do that. And as for those that are telling you that there are lots of risks in trading, well, they are saying the truth, there are lots of people who lose money in trading but there are still a few that makes a lot of money from trading and they are still human beings like you, if they can do it you can as well do it.

Long term Hodl/Investment, as they say, is very easy and there isn’t really much work to do in it, you just have to find the right cryptocurrency and invest in it for a long term.

Agree. You need to decide on everything and to do this you need to have good knowledge related to the market. Most new investors will tend to choose more long-term investments because this is the simplest way to make a profit. However, it is not always profitable because the crypto market is very volatile and often turns red very quickly.

I have been staying in this market for a long time but my trading and investment experience is still very bad so I will still try to improve myself to be able to earn stable profits in the near future.

iram3130

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The time is not right for long term traders as most of the alts are not having any support and with BTC fluctuations, its harder than ever to keep holding an alt. To do short term trading, you need allot of time and patience and should be attentive towards all the news thats come on to social media.

Topic: Long Term VS Daily Trading - page 2. (Read 3899 times)