Long Term VS Daily Trading - page 3.

FLoving

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Quote from: Mumbeeptind1963 on January 03, 2020, 10:42:17 AM

Quote from: Captain Corporate on January 03, 2020, 09:26:33 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.

Long term is very risky too, we dont know till when do we need to wait till the coin we are holding is still existing in the market, sometimes we just need to sell the coin we are holding if we feel that their support is no longer functioning and there are no updates for the progress of their project. We need to monitor it on order for us not to left behind if we want to long term hold.

If you are talking about those coins which are not the top coins in the trade volume ranking or in marketcap then you are right anything can be the future of that coin while in case of bitcoin and other high potential coins which have a huge community or a solid business then long term trade is not an issue but in that investment it is sure in all ways that in the end we will get our profit. One more thing to be remembered that the expert traders always suggest to hold for longer only for those coins which have a high potential and are suggesting for bitcoin and ethereum etc.

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Quote from: Triffin on January 05, 2020, 10:04:05 AM

Right, for all new traders it is good to trade for long term because I’m long term trader and I know how reliable it is for me. In trading, when you are new you can not make sudden good decision but you will have to make right decision that's why Better make long term trading and you will not get frustrated by market change as well.

Day trader can be very good especially profited shortly the very opposite is the problem As it is, if you buy a token or coin you will see that the price has gone up and when you sell, the price will rise in the next few hours One of the biggest adverse conditions is controlling yourself.

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Quote from: Forbiddenone on January 03, 2020, 07:39:52 PM

As you are new u should go for long term trading in my opinion as it is much safer route but invest in good coin only. After you become comfortable then go for short trading as it requires patience ,time and decisive approach.

Right, for all new traders it is good to trade for long term because I’m long term trader and I know how reliable it is for me. In trading, when you are new you can not make sudden good decision but you will have to make right decision that's why Better make long term trading and you will not get frustrated by market change as well.

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Quote from: Forbiddenone on January 03, 2020, 07:39:52 PM

As you are new u should go for long term trading in my opinion as it is much safer route but invest in good coin only. After you become comfortable then go for short trading as it requires patience ,time and decisive approach.

I don't think someone will be ready for daytrading if they only do a long-term trading. I mean, he may know the basic trading but will still need lot of experience and knowledge to be able to make profit in daytrading as everything is very confusing and time consuming.

Wipeout2097

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Both ways of trading need effort and knowledge,But it all depend upon the priorities if you make enough time for trade and having knowledge and confident abut trading go with daily trade.If want to trade as part time then long term is better just need choose valuable coins with great future and sit back to wait best moment where maximize the profit.

Make sure selected different coins because just buying only one coin is risky and buying different coins minimize the risk of loss.

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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.

Forbiddenone

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As you are new u should go for long term trading in my opinion as it is much safer route but invest in good coin only. After you become comfortable then go for short trading as it requires patience ,time and decisive approach.

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Quote from: Mumbeeptind1963 on January 03, 2020, 10:42:17 AM

Quote from: Captain Corporate on January 03, 2020, 09:26:33 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.

Long term is very risky too, we dont know till when do we need to wait till the coin we are holding is still existing in the market, sometimes we just need to sell the coin we are holding if we feel that their support is no longer functioning and there are no updates for the progress of their project. We need to monitor it on order for us not to left behind if we want to long term hold.

Why would you long hold an unknown coin? for what reason? Lonf holding term is just for big cryptocurrencies such as ethereum, EOS, XRP and BTC. I'm not belittling the capabilities of altcoins, Indeed there are altcoins whose price is soaring but those are outnumbered by soon to be non-existent coins in the market. Long term hold is risky, given that info about it already tells you to pick wisely what coin would you hold.

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Quote from: Captain Corporate on January 03, 2020, 09:26:33 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.

Long term is very risky too, we dont know till when do we need to wait till the coin we are holding is still existing in the market, sometimes we just need to sell the coin we are holding if we feel that their support is no longer functioning and there are no updates for the progress of their project. We need to monitor it on order for us not to left behind if we want to long term hold.

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Quote from: Captain Corporate on January 03, 2020, 09:26:33 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.

But the comfort from the long term will cause you to lose direction in the market, worse, your analytical skills and reading the market diagram will wear out over time when it is not used on a regular basis, only with these negative points, the long term will be a peaceful sea right from the start but after that, the waves and thunderstorms will come to you. Relaxation will make no effort, no effort will be no success, so I think we should choose day trading and not quite all day, choose nice market days to enter, look at the market and control the direction more, instead of abandoning it

Captain Corporate

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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.

JC btc

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Quote from: OrangeII on January 02, 2020, 09:55:51 AM

Quote from: hahay on January 01, 2020, 04:34:25 PM

I think it would be better to spend more time in the market if you feel stressed by all the input that is difficult for you to receive, because with you spend more time in the market at least you will study every move that occurs and determine which way the candle will go with more strong and convincing. Because after all, the two ways of trading that you are interested in will produce a variety of benefits and certainly it will be for your benefit.

Well, I think you read too long and don't practice in the market, so it's better to look directly at the market. if you ask about the advantages and disadvantages of short-term, long-term trading, it has its own advantages and disadvantages. in this case, you might feel more profitable than short-term trading, but you will not feel the benefits. I prefer trading in the long run because you can feel the benefits. You can go directly to the market and try it for yourself. cheers.

If we really want to do trading then we should act now so that we can see what really good for us, is it day trading or long term holding, as we do have different priorities in life, some were here but they also have their full time job, so it will be hard for them to do day trading unless they are doing office job and their boss is not that strict as well as their job is not overload.

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Quote from: hahay on January 01, 2020, 04:34:25 PM

I think it would be better to spend more time in the market if you feel stressed by all the input that is difficult for you to receive, because with you spend more time in the market at least you will study every move that occurs and determine which way the candle will go with more strong and convincing. Because after all, the two ways of trading that you are interested in will produce a variety of benefits and certainly it will be for your benefit.

Well, I think you read too long and don't practice in the market, so it's better to look directly at the market. if you ask about the advantages and disadvantages of short-term, long-term trading, it has its own advantages and disadvantages. in this case, you might feel more profitable than short-term trading, but you will not feel the benefits. I prefer trading in the long run because you can feel the benefits. You can go directly to the market and try it for yourself. cheers.

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Quote from: Pamadar on January 01, 2020, 11:31:38 PM

Quote from: hahay on January 01, 2020, 04:34:25 PM

I think it would be better to spend more time in the market if you feel stressed by all the input that is difficult for you to receive, because with you spend more time in the market at least you will study every move that occurs and determine which way the candle will go with more strong and convincing. Because after all, the two ways of trading that you are interested in will produce a variety of benefits and certainly it will be for your benefit.

Taking your time to study and do your research before doing anything will enhance your skills in picking the right position each time you deal inside the market. You are the one who are incharge in any decision making and if you are very keen then staying inside much longer will give you the hints that you are aiming to properly drive your trading position.

Wise point indeed. I'd even suggest using small amount of $ which are not last money you've got.
In this case you can freely analyze market, but not gambling.
Crypto insvestment is nothing more than a regular investment - you want to maximize profit with lowest risks, never forget this.

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Quote from: hahay on January 01, 2020, 04:34:25 PM

I think it would be better to spend more time in the market if you feel stressed by all the input that is difficult for you to receive, because with you spend more time in the market at least you will study every move that occurs and determine which way the candle will go with more strong and convincing. Because after all, the two ways of trading that you are interested in will produce a variety of benefits and certainly it will be for your benefit.

Taking your time to study and do your research before doing anything will enhance your skills in picking the right position each time you deal inside the market. You are the one who are incharge in any decision making and if you are very keen then staying inside much longer will give you the hints that you are aiming to properly drive your trading position.

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Quote from: doomloop on December 29, 2019, 11:25:57 AM

Probably this is why people are really into long term trading especially the ones who have days jobs because here we don’t have to put as much efforts as we are required to do in short term or day trading. I am myself involved in long term trading with ethereum and bitcoin. I don’t rely on any other altcoin because usually they turn out to be scams. Day trading is full of risks for me.

That is precisely the reason why I am a long term trader, it could be interesting to become a day trader but I have a job and I need to be extremely focused to be able to perform my job with my current standards, but long term trading does not interfere at all with my activities since you need only a few minutes each day to be able to tell if you are going to do something that day or not and that is a huge advantage for people like me, besides thanks to the volatility of bitcoin the profits are not that bad either.

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I think it would be better to spend more time in the market if you feel stressed by all the input that is difficult for you to receive, because with you spend more time in the market at least you will study every move that occurs and determine which way the candle will go with more strong and convincing. Because after all, the two ways of trading that you are interested in will produce a variety of benefits and certainly it will be for your benefit.

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Quote from: Karmakid on December 31, 2019, 12:32:07 AM

Quote from: senne on December 30, 2019, 12:58:14 PM

I am not much 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 prefer swing and day trades over long term.

Long term trades are good for people who prefers less risk and almost like an investing type of strategy. Long term can pay out well just look at the price histories of bitcoin and ethereum, they are dirt cheap a few years ago and then now, they cost a lot of money. That is long term and the lesson here is, find the cryptocurrencies that have a good potential despite the manipulation and etc. in the market.

Yes for me as well it is really good to trade for the long term because of the volatile market and I can get some better opportunity to sell my coins at a high price. People often choose day trading its all their own choice I am not saying they are wrong but long term trading reduces the risk of sudden market fall and you can trade with your own will.

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Quote from: Karmakid on December 31, 2019, 12:32:07 AM

Quote from: senne on December 30, 2019, 12:58:14 PM

I am not much 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 prefer swing and day trades over long term.

Long term trades are good for people who prefers less risk and almost like an investing type of strategy. Long term can pay out well just look at the price histories of bitcoin and ethereum, they are dirt cheap a few years ago and then now, they cost a lot of money. That is long term and the lesson here is, find the cryptocurrencies that have a good potential despite the manipulation and etc. in the market.

alright. long term ussually used by investor and trader prefer to short term. in my opinion it just needed by each person. when they are need to daily life so they are choose to short term but when they want to save their money in crypto will choose long term. the both has high risk to me

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Quote from: senne on December 30, 2019, 12:58:14 PM

I am not much 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 prefer swing and day trades over long term.

Long term trades are good for people who prefers less risk and almost like an investing type of strategy. Long term can pay out well just look at the price histories of bitcoin and ethereum, they are dirt cheap a few years ago and then now, they cost a lot of money. That is long term and the lesson here is, find the cryptocurrencies that have a good potential despite the manipulation and etc. in the market.

Topic: Long Term VS Daily Trading - page 3. (Read 3929 times)