which is easier 1-2% a day or 20-30% per month - page 4.

LimLims

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Quote from: forestx on December 09, 2018, 09:01:09 AM

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

It's completely on you dude, how would you like to yield your investment.
But according to me daily profit will be more beneficial for you guys.
It will help to help you to recover you from losses also on daily basis.
Investment will also be very soon increase.
And you will get early profit ofc from this method.

Aivaryamal

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Every day I get more and more experience in trading and I want to say that it is very difficult to predict the percentage of profit for the month and it will constantly vary depending on the cryptocurrencies from which your portfolio is made

semobo

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Quote from: forestx on December 09, 2018, 09:01:09 AM

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

I think trading for a month will be easier because if that time increased then we have the opportunity to get and achieve the goal very easily that's why making the percentage in monthly wise trading will be definitely is there for everyone to to get the target easily.

idham29

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Quote from: D3m1r4wanti on May 21, 2019, 02:07:07 AM

Current trading is not as easy as you think, 1 - 2% is not an easy thing to get. do not rule out the possibility you can get 10-20% in 1 trade but it cannot be equalized every day.
sometimes you will continue to suffer losses if you do CL or waste time waiting for prices to recover.

It is true that trade is not like science which is all clear. Trading is a combination of common sense and luck, because it is related to the time of purchase or sale.
I think it's easier to get 1% profit every day, if you diligently look at the numbers in the trading table because price movements always change at any time. In the morning try to invest and wait until the price breaks the target, after that, sell and close the transaction that day. The benefits may be small, but it's better because it can be a daily income

redsun114

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Both of them can be possible you just have to make use of the right strategy and you will be able to make up to that amount in a day or a month. I have seen people that makes up to 1 to 2 percent every day and there are also people I have seen that earns up to 20 percent in a month and also those that claims to achieve more than that rate. Earning up to 1 to 2 percent in a day means that you're getting up to 30% to 60% in a month. But just like I said, it all depends on your strategy and whether you're doing the right thing to achieve that.

D3m1r4wanti

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Current trading is not as easy as you think, 1 - 2% is not an easy thing to get. do not rule out the possibility you can get 10-20% in 1 trade but it cannot be equalized every day.
sometimes you will continue to suffer losses if you do CL or waste time waiting for prices to recover.

valta4065

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Quote from: forestx on December 09, 2018, 09:01:09 AM

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

If you invest in any project with a fixed number if profit in your mind then you may not have that profits. You should not invest intended to higher returns. Any amount we invest can give us profits if we invest them into a correct project. For long term, i think you should think about monthly benefits rather then calculating daily profits. Long term investments are much profitable and less riskier.

Short term investments are subject to market risk and we can loose our funds over there if we do not concentrate more deeply. If you have the skills then you will surely find good profit at the end of your trading.

glendall

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for beginner trading I suggest it's better to choose a target of 20% every month, because we don't have to bother looking at the chart every day,
if the target is 1-2% every day, it requires high knowledge about trading management, high and reward, etc.

Bagaji

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Quote from: Mpamaegbu on May 20, 2019, 10:03:10 AM

We are looking at the "cup is half full or half empty" kind of scenario here. But I will go with the 20-30% monthly because that seem to take off pressure from the trader and allow them do their stuff patiently. Also, remember that focusing on the daily target may cause a trader to get into premature trades for the sake of meeting daily targets. Long term targets are better than short term in every business venture.

You should not be too optimistic about long term target because at some point it fail too. Not that long term hold cannot be generalize for all business venture because there are business that one can see the future from the beginning if you are sound economist and you are not try and engage the service of an economist.

Mpamaegbu

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We are looking at the "cup is half full or half empty" kind of scenario here. But I will go with the 20-30% monthly because that seem to take off pressure from the trader and allow them do their stuff patiently. Also, remember that focusing on the daily target may cause a trader to get into premature trades for the sake of meeting daily targets. Long term targets are better than short term in every business venture.

BlackFor3st

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Both are good as either of them will give you a profit but if you are not that familiar in daily trading then it is better that you should do the monthly one.
You only have to wait and make sure that you have patient in order to obtain your 20% profit target.

But 20% is very little especially in today's market as the market is keep on increasing like 40-60% per month. Monthly trading also requires a little time as you are not going to monitor your investment daily, visiting it 1-2 times a month is enough.

Whosdaddy

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Quote from: Bagaji on May 19, 2019, 04:05:22 AM

Quote from: forestx on December 09, 2018, 09:01:09 AM

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

In my opinion, both of are easy to achieve only if you are good crypto currency trader but for those who are not good trading they should be contempted with what you can achieve within a day or month like 1-2 percent on a daily basis or monthly.

I will support interest compounding too that arises from an intraday trade, I dint think there is any good volatile coin in the market that cannot increase at least by 1 to 10% in a day before dropping low again, but it will be quite difficult to get a coin that will give up to 30% at the end of the month for long term investment since it is not a fixed interest.

Although trading on a daily basis is quite not so easy comparing to trading once in a month, but if day trade is properly done well, it is worth it, there is so much guarantee that one can get upto 30% of ones investment by the end of the month.

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Quote from: Aivaryamal on May 20, 2019, 12:53:20 AM

I have been trading for six months and came to the conclusion that it will be easier to do 20-30% per month, since digital assets can not change their rate by 1-2% every day, and within three to four days this necessarily happens)

it will really depends on the market condition if the market moves upward and had a good numbers then that would be possible to earn more than what you are targeting per day and if that will continue you can earn more than 30% per month doing trade.

Aivaryamal

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I have been trading for six months and came to the conclusion that it will be easier to do 20-30% per month, since digital assets can not change their rate by 1-2% every day, and within three to four days this necessarily happens)

emmybd

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Day-trading is difficult, you have to spend a lot of time in front of your computer to buy the dip. On the other hand, 20% per month is reasonable not easy though, but achievable.

timmydakolo2

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Quote from: forestx on December 09, 2018, 09:01:09 AM

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

The both strategy are both possible but there is no warrant that the both strategy will be successful in every day's schedule, because the market doesn't tell when it will go bad and how long it will take when it goes bad.

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Quote from: quarkfx on May 19, 2019, 06:29:36 AM

both are possible i do both day trading and longterm , but if you are new getting 1-2% in day trading is difficult getting correct entries and market conditions many factors in day trading will not make profits consistent but in long term its all different

Yes, both are possible but there is no guarantee you will be successful. Many such percentages sound humble but this is not easy to achieve at all. Day trading is extremly demanding and not for everyone so I would choose monthly profits.

Ucy

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I will go for 1-2% a day. The gains could even be more for day traders.

The more time you spend holding a coin, the more risk you face.
Just stick to few established coins as a day trader ...and maybe try the less known ones once in a while

quarkfx

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both are possible i do both day trading and longterm , but if you are new getting 1-2% in day trading is difficult getting correct entries and market conditions many factors in day trading will not make profits consistent but in long term its all different

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Quote from: forestx on December 09, 2018, 09:01:09 AM

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

There is no correct answer to this. It depends on your skills and knowledge about the markets. If you have mastered technical analysis and have proper risk management I'd go for day-trading. But there are more factors to take into consideration like how much time you have to allocate to trading each day. If you have another job and other activities it would be pretty hard to be an active day-trader.

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