Topic: Whats more profitable Day Trading or Trade for weeks (Read 522 times)

Of course if you don't have patience then trading will definitely hurt you, and there must be some valid reason why the market is down, so whenever the market is down just held your coins. You really want to do day or week trading then you must choose shitcoins. Because the coins like BTC, ETH, BCH or any other top coins will not fluctuate every day. For any dump or pump, these coins will take some time. It may take weeks or sometimes months. 

It depends on why or when you need to trade your bitcoins the only best way is holding otherwise you will get low profit on this business , if you hold your money as bitcoin for a long period of time it will definitely be an multiple profits for your investment .

as of now trading truly hurts due to the down of price everyday and no pump was happen so it is better to hold your coin until the pump will happen again and i think you can earn from it even a little or more .

When I do day trade, I like to exploit mass hysteria like the "homeland security" momentum plays a few weeks back. Otherwise, I trade the QQQ mechanically and look for price/volume breakouts on specific equities. I believe strongly trending (in one damn direction) days are suitable for swing trading.

Either you do day trading or you’re intended to choose weekly trading, you need to think on this factor. You just said it so well that shitcoins shouldn’t be having any place in your trading. If such coin comes in your trading or investing, believe me you will be just screwed up. So don’t just go so hurry for a coin that seems to produce good profit, rather do proper research and then join.

as far as I understand this kitchen trading crypto currency, then every trader should keep under close scrutiny all that happens to his interests on the exchange. Only in this way it is possible and material good earnings. Therefore, one day of the week is very small.

I prefer trading for weeks as I oberve the market I realize much of the pump happens after 5-6 days then suddenly fluctuates and drop and I think this is how the cycle goes. I also try trading using this technique and it really works for me. Majority of the coins pump and dump almost every day but at certain point they will pump hard and that's the opportunity to trade and earn well.

Trading is a shit, i dont know why there is still people doing trading, it is not profitable anymore, just buy coins and hold them for a few days/weeks/months, that is the only way in that you could earn a decent amount of money.

Weekly or daily ?
I think the most convinient way to earn is by using automed bots, instead of manual trades. so you can do it 24/7

It depend how much is you fast in your work some people are using bitcoin as apart time and some people are using bitcoin as a full time so it depend on you if you want to earn on daily base so it think daily base trade is better than weekly trade and I will prefer day trade instead of weekly trade because from day trade you can earn fast and it can help you in your daily expanse but weekly base trade is also not bad.

I think no one can say exactly what's more profitable.but both of that is good profitable if you try.trading is so risky to predictbut then again,to do day trading is depend on you're skill if how you're strategy is working.make some learn on you're strategy if its working or not.

I think Daily trading is more profitable than weekly trading because some coins are increasing or decreasing their prices at a short period of time.

Are there people making more money daytrading as oppose to holding?  Imagine a coin drops then goes back up to same price a few times.  The holder would not make anything.  The trader would right?

Well if you are good enough to make 5-10% every day it is definitely more profitable as you will be able to earn 300% a month. But we are not too experienced for this and to combine both holding and daily trading is the best strategy 

The best way to realize this is to make a simulation on paper... I already know the answer. HODL! Try to see how much you would have earned by doing 6month/1year hold!
I made a lot of mistakes! Just to put it one... 33 million XVG sold at 1000$ a year and a half ago.

I have an opinion that long-term trading is more profitable than day trading, but it is not impossible for day trading to make a big profit, it's just that we should really choose the right time to buy and sell.

You wont really know on which field you would really be effective because people do have different skills and capabilities on doing trading which we should really need to try on both field and tell the difference and you would really notice on what kind of trader you are which you do saw that you are making even more money. Either on day trading or on long term trading.

Finding your interest will answer your question OP, doing a day trade and successfully deal with it will bring a huge profits for you, while
dealing with weekly trading and gain much bigger if you are anticipating huge pumped, its hard to make a perfect assessment but if
you got good ideas then its possible to do so.

It would depend on your skill level in trading and your knowledge in choosing good coins to hold on to.

You won't know until you try. But I would suggest learn before trading and DYOR before investing!

First off... 100-800%? crypto-bubble-spoiled-much

The answer is actually simple, but the implications are not.

A) The smaller the timeframe on which you trade, the faster profits can compound and as a result the more profitable the style will inherently be.
B) The smaller the timeframe, the more difficult it will actually be to be a profitable trader with regards to technical competence while the fees will also nerf your gains significantly.

So... if you're a beginner, for the love of god, do not attempt trading at a fast timeframe, you'll be absolutely destroyed, it takes most people years of trading before they even get to the point that they're no longer losing money, and I know you of course wish to be the exception to this rule and perhaps you will be and the best advice I can give you is to avoid any timeframe under 4 hours until you've at least been actively trading for half a year or more.

This means that, yes, you won't be pushing orders on a daily basis, and yes, it means trading will not be very exciting, but it's a lot more exciting to make money than losing money. Once you've got a decent amount of experience and a solid sample size indicating that you're beating the market, I'd consider progressively challenge the faster timeframes, although after some time you might realize that you're simply going to be better off keeping your battlegrounds on the higher timeframes anyways.