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Topic: Long Term VS Daily Trading - page 4. (Read 3929 times)

hero member
Activity: 1078
Merit: 507
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.
full member
Activity: 1008
Merit: 101
December 29, 2019, 02:28:11 PM
The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources
I also like long term trading because it gives income the same as other trading but helps to avoid lose for sudden price change. Better trade for the long term as it’s an additional source of earning and it is should be done with care as well so both reasons are enough to choose long term trading. Actually I personally feel safe with long term trading.
sr. member
Activity: 742
Merit: 251
December 29, 2019, 11:26:40 AM
The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources
We all should trade for long term because  it is safe and it feels good when you do nothing but only wait for your investment to increase. I like to trade for long term because in long term trading we get more chances to learn trading and it is more reliable than short term trading. Waiting gives good reward to traders but if you have good knowledge you can trade for day as well.

Who said that long term is safe? There's not assurance or guarantee that holding in long term is safe, so we should not tell this to people, we should just trade and risk at our own, there's a lot of altcoins out there who are not worth holding at long term because they are just good at first year,but once they are already satisfied with their money raised, they will forget about the price.
There are so many people or more accurately traders who always are of view that both short term and long term trading have their own pros and cons and you cannot simply give one complete preference over another. One thing has to be mentioned here that both trading have their own suitable or defined crypto currencies which shall be used to achieve the goals. This is a height of stupidity to use altcoins for long term trading.
hero member
Activity: 2408
Merit: 584
December 29, 2019, 11:25:57 AM
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

If you have enough money you can go into long term investment. For this reason i think you can choose 3/4 coins from CMC top 10. But for daily trading you have to keep your eyes into market every moment. Primarily you have to target 5/6 altcoins for day trading and follow them atleast 7-15 days and also follow their roadmap and then reach your goal. I think you will be benefited.
Both type of investments i.e. long term and short term have their own requirements and perks. Short term or day trading is something that is considered hectic by most of the traders as you mentioned; we have to keep track of altcoins all the time for at least 2 weeks consecutively in order not to miss any chance of making profits. Long term is damn easy because there you can leave coins for months.
It is usually difficult to give verdict that which type of trading is the best one because both types have long number of supporters and there is a large portion of traders who are involved in both types of trading at the same time. So this true to say that both have their own charms and we cannot give one type edge over to another. But I like long term because I don’t have to work hard here.
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.
full member
Activity: 1204
Merit: 104
December 29, 2019, 04:10:28 AM
Who said that long term is safe? There's not assurance or guarantee that holding in long term is safe, so we should not tell this to people, we should just trade and risk at our own, there's a lot of altcoins out there who are not worth holding at long term because they are just good at first year,but once they are already satisfied with their money raised, they will forget about the price.
You are really right, because any activity in the cryptocurrency market carries a certain risk and this risk increases due to the situation on the market.  In my understanding, very often I compare short-term investments with long-term trading, which is why I think that trading and short-term investments have a better chance of winning, because you practically constantly control your assets in order to find out on time based on the current situation in the cryptocurrency market.  A long-term investment requires a very large hug from the outset in order to determine a profitable project and promising coins in the future, in order to orient in time and sell your coins in order to get a good income.  But since the situation on the cryptocurrency market is very bad, therefore some coins become irrelevant and over time the portfolio can become very cheaper.
sr. member
Activity: 714
Merit: 254
December 27, 2019, 11:49:04 AM
The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources
We all should trade for long term because  it is safe and it feels good when you do nothing but only wait for your investment to increase. I like to trade for long term because in long term trading we get more chances to learn trading and it is more reliable than short term trading. Waiting gives good reward to traders but if you have good knowledge you can trade for day as well.

Who said that long term is safe? There's not assurance or guarantee that holding in long term is safe, so we should not tell this to people, we should just trade and risk at our own, there's a lot of altcoins out there who are not worth holding at long term because they are just good at first year,but once they are already satisfied with their money raised, they will forget about the price.
sr. member
Activity: 952
Merit: 251
December 27, 2019, 11:23:34 AM
The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources
We all should trade for long term because  it is safe and it feels good when you do nothing but only wait for your investment to increase. I like to trade for long term because in long term trading we get more chances to learn trading and it is more reliable than short term trading. Waiting gives good reward to traders but if you have good knowledge you can trade for day as well.
sr. member
Activity: 742
Merit: 397
December 27, 2019, 08:45:24 AM
The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources
It depends on what you invested in. If you hold on to a sh*t coin, after 5 years do think that coins is still tradeable? I have seen sh*t coins being delisted in exchange sites months after months, and imagine those who thought holding on to it for 5 years and get back to it thinking that it multiplied in 10 folds finding out that their coins does not exist anymore. Go for those that are among the top 5 in CMC and always look for updates if you plan for long term.

Now people are understanding which coins to hold because every 6 month exchange are deleting the shit coins and it is not a good idea to hold those coins, it will not help us to make any profits from holding those coins. So we should always choose them wisely and it will help us to make a decent profit in the long term.

A proper research and a patient attitude will be your key towards success in long term holding or trading. Choosing coins should be indeed undergo in a wise way because if you will become lazy and greedy in searching for a coin then you will definitely lose a lot of money along the way. You should also consider having a decent cold wallet so you can really make sure that you are safe.
member
Activity: 196
Merit: 30
December 27, 2019, 06:09:48 AM

It depends on what you invested in. If you hold on to a sh*t coin, after 5 years do think that coins is still tradeable?

No!
I don't think we should invest in shitcoins or tokens,
i always go with top 100 coins, not with top 5
sr. member
Activity: 1540
Merit: 255
December 27, 2019, 04:21:06 AM
The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources
It depends on what you invested in. If you hold on to a sh*t coin, after 5 years do think that coins is still tradeable? I have seen sh*t coins being delisted in exchange sites months after months, and imagine those who thought holding on to it for 5 years and get back to it thinking that it multiplied in 10 folds finding out that their coins does not exist anymore. Go for those that are among the top 5 in CMC and always look for updates if you plan for long term.

Now people are understanding which coins to hold because every 6 month exchange are deleting the shit coins and it is not a good idea to hold those coins, it will not help us to make any profits from holding those coins. So we should always choose them wisely and it will help us to make a decent profit in the long term.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
December 27, 2019, 12:32:48 AM
Well it is still depends on how much the person willing to wait as there are other coins wherein you will in need to wait for a year, so ask yourself first, what do you want or what you prefer, are you okay with holding it for short term only or for long term only, and better to seek advise from the experts.

I think this depends on how much you could earn.

I mean if you are willing to earn a lot of money, you can wait. The price of Bitcoin and other cryptocurrencies are so hard to determine that is why we don't know how will it go, it may go up or it may go down. We should not ask experts what should we do, we should ask ourselves how much profit should we look at before selling our investment.

   Here comes the question to take the profit when ever you can, or to wait longer for the higher possible profit. There are no
guarantees that one day we will have an opportunity to collect huge profit from coins we invested. I decided to wait! It's risky,
like everything else is, I am aware of it, but instead collecting some little profit here and there I wish a chance to have higher
profit at once. As it sounds, it all depends on us and our views what is better.
hero member
Activity: 1722
Merit: 528
December 26, 2019, 10:00:06 PM
Well it is still depends on how much the person willing to wait as there are other coins wherein you will in need to wait for a year, so ask yourself first, what do you want or what you prefer, are you okay with holding it for short term only or for long term only, and better to seek advise from the experts.

I think this depends on how much you could earn.

I mean if you are willing to earn a lot of money, you can wait. The price of Bitcoin and other cryptocurrencies are so hard to determine that is why we don't know how will it go, it may go up or it may go down. We should not ask experts what should we do, we should ask ourselves how much profit should we look at before selling our investment.
legendary
Activity: 1834
Merit: 1036
December 26, 2019, 09:55:31 PM
The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources
It depends on what you invested in. If you hold on to a sh*t coin, after 5 years do think that coins is still tradeable? I have seen sh*t coins being delisted in exchange sites months after months, and imagine those who thought holding on to it for 5 years and get back to it thinking that it multiplied in 10 folds finding out that their coins does not exist anymore. Go for those that are among the top 5 in CMC and always look for updates if you plan for long term.
hero member
Activity: 1092
Merit: 501
December 26, 2019, 09:45:04 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 will always advise anyone to go for a long term trading. Long term trading is what we all call HODL (an abbreviation for - Hold on for dear life). When it comes to Hodl, what you do is to invest your money and then you wait for a long time, probably months for the price to go up. When it goes up you can then sell it for the current price and make a profit.

Before you go for a long term investment it's best that you do a proper research and invest at the right time when the price is low and after you have invested you can then wait for the price to go up. If you're lucky you might invest and within a week the bull run will start and you make a profit within a short term.
Which is as it should be, at the beginning everyone should begin as a long term trader then as you gain experience, knowledge and even more importantly a lot of money then you can become a day trader, but that transition should take a long time and yet that is not what we see, newbies excited over the profits that they can get want to become day traders almost immediately not understanding the risks and the huge levels of stress that they have to endure and they lose whatever capital they had in a matter of months
agree with you. long term is good choice and can make profit because cryptocurrency is best invesment  but it will different if you are full time trader, maybe as a full time trader choose short term or daily trading is also  good because full time trader need to buy their daily needs. so for me as a full time trader and investor i choose both

Deciding to become a full time trader is not a decision that should be taken lightly, many times I see people asking if they can become a full time traders but that is not how that works, at first you need to begin as a part time trader and only once you have proven to yourself that you can make money in the markets then you can consider to take the option of becoming a full time trader, if you do not do it that way and you decide to trade full time before being ready you could lose all your money in the markets while being unemployed as well which is a terrible combination.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
December 26, 2019, 04:22:12 PM
The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources
You are saying long term trade is just ok? Well it is more okay than daily trading. Daily trading requires you to be more focused and understand the market for that specific time. The trades on an exchange has a specific trade patterns everyday. Once you get to understand those patters, you will be making some good profit. But keep on making mistakes, you will suffer loss. Long term trading is more safe in my opinion.
"Limited resource" is a vague term. You can start trading even if you have few bucks with you.
sr. member
Activity: 1071
Merit: 253
December 26, 2019, 03:16:13 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

If you have enough money you can go into long term investment. For this reason i think you can choose 3/4 coins from CMC top 10. But for daily trading you have to keep your eyes into market every moment. Primarily you have to target 5/6 altcoins for day trading and follow them atleast 7-15 days and also follow their roadmap and then reach your goal. I think you will be benefited.
Both type of investments i.e. long term and short term have their own requirements and perks. Short term or day trading is something that is considered hectic by most of the traders as you mentioned; we have to keep track of altcoins all the time for at least 2 weeks consecutively in order not to miss any chance of making profits. Long term is damn easy because there you can leave coins for months.
It is usually difficult to give verdict that which type of trading is the best one because both types have long number of supporters and there is a large portion of traders who are involved in both types of trading at the same time. So this true to say that both have their own charms and we cannot give one type edge over to another. But I like long term because I don’t have to work hard here.
hero member
Activity: 1022
Merit: 521
December 26, 2019, 12:13:48 PM
Daily trading is really difficult, you can not always be profitable when trading daily because this market is always moving unexpectedly. If you want to be profitable, you must have a lot of free time to follow this market, and in addition you must have a lot of trading experience to handle quickly. I have tried trading but to be honest it is too hard and takes too much time and mind. It is best to hold and wait for this market, You will have more free time and do other things
You're right. In order to make money on trading, it is necessary to devote a huge amount of time to this occupation, and refers to it as a full-fledged job.
However, if you decide on this, then it is best to start with day trading, because in long-term trading you will gain experience very slowly.

Well, it’s all about the trader but I think instead of making trading as a single way of earning we should use it as an additional way to make money so we will be able to earn more money from trading. If you think that you are expert enough to make money from day trading then you can start day trading but for new traders long term trading is suitable.
If someone want to do their trading as additional to their other profession then better option for them is long term trading because if someone will do day trade then he will need to spend a longer time of the day waiting for the coins going up and down. I have experience in day trade that is why I know that if you will not spend the whole day then you will miss a number of opportunities in your trade.
sr. member
Activity: 1236
Merit: 252
December 26, 2019, 11:30:49 AM
Daily trading is really difficult, you can not always be profitable when trading daily because this market is always moving unexpectedly. If you want to be profitable, you must have a lot of free time to follow this market, and in addition you must have a lot of trading experience to handle quickly. I have tried trading but to be honest it is too hard and takes too much time and mind. It is best to hold and wait for this market, You will have more free time and do other things
You're right. In order to make money on trading, it is necessary to devote a huge amount of time to this occupation, and refers to it as a full-fledged job.
However, if you decide on this, then it is best to start with day trading, because in long-term trading you will gain experience very slowly.

Well, it’s all about the trader but I think instead of making trading as a single way of earning we should use it as an additional way to make money so we will be able to earn more money from trading. If you think that you are expert enough to make money from day trading then you can start day trading but for new traders long term trading is suitable.
member
Activity: 196
Merit: 30
December 25, 2019, 08:55:59 AM
The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources
sr. member
Activity: 1372
Merit: 264
December 25, 2019, 12:42:19 AM
short time is simply harder and more rewarding.. that simple. if you go longterm you will be missing some opportunities but you have 0 energy wasted on maintaining your positions. if you trade daily you got to work much more with the charts but you will considerably increase volume of your trades as well as end profit.
I highly agreed, and i think that holding for a long term does not give you a benefits of making a profit since you are just holding and not making any trade at all. And it would be better to do day and swing trade since it gives you a profit that a longtime holding cannot give.

And this is a mistake that i have done before in which i hold it for a very long time. That's why we need to improve ourselves in terms of making a profit easily.
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