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Topic: which is easier 1-2% a day or 20-30% per month - page 5. (Read 19265 times)

full member
Activity: 1130
Merit: 133
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 have different strategies on my trades.i never set how much i will earn profit in each of my trades.i just do my best effort to gain profits with minimun risk on it.i know its difficult to earn profit consistantly.so i have to avoid and manage the risk.
sr. member
Activity: 1330
Merit: 291
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.
legendary
Activity: 2576
Merit: 1043
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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
1-2% is preferable compare to the other one but scalping is very stressful and since you don't know how the market moves, there is a chance that it will go below your buying price. If you are a good trader and not greedy then daily profit is better for you.

For me, I'd rather go buy and hold because its very stressful and I have to do some things in real life and not only trading.
copper member
Activity: 1218
Merit: 1
It seems to me that daily trading is more stable in terms of income,
   but there is one drawback you need to spend more time trading,
unlike long-term, and no one will give you a guarantee that the token will bring you + 20%,
sr. member
Activity: 1079
Merit: 352
I tried for some time day trading, just scalping based on some indicator. Just to gain 1-2% each day.

That was frustrating as hell. I don't know maybe my risk management was off or something. So when I trade my eyes glued to the chart, it's consuming my time, energy and sanity. Maybe I just suck lol.

So i just stick to the longer time frame for trading.
full member
Activity: 602
Merit: 111
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
trading is always a difficult job to do so each and every situation we have a difficulty mostly day trading will be more difficult to get profit each and every day so I think more than long term trading and short term trading will be more risky for everyone
sr. member
Activity: 1176
Merit: 301
For me I would prefer 1-2% per day ,
But it wouldn't always work in your favor,
I have done it before I manage to make about 10 trades with just a small percent of gain about 1-3%.
Then I would put it all back in ,then one day I manage to lose about 13% because the coin drop down,just imagine all of your spent time to gain profit just vanished in just a single trade.
hero member
Activity: 840
Merit: 516
Based on your write, if you are to day trade at 1 to 2% profit pays you more even when you take profit at 1 % though that is not what matters most in deciding, what matters is the coin you are trading with and how reliable the coin is, will the coin still be reliable for that long period of one month without anything shaking your investment, to me, aside the day trading profit that is more , I believe it has less risk, at least every day, you keep learning more about the project you investing in and thereby knowing their faith on a daily basis. There are lots of ICOs that has parked up within a month of coming into the business.
legendary
Activity: 3052
Merit: 1188
In the present market situation, neither of these are easier, but 20-30% per month would be reasonable. If you are an experienced trader then you can get both of these without much difficulty.

Yes, both of the targets are impossible to achieve in the current market conditions. We are seeing more and more dump each day and i am sure good traders have stopped trading for the time being, until the bitcoin bottom  is clear.
you are right, we cannot dictate the condition of the price will always be the same as your expectations, so use a flexible strategy, do not use the fix target, because you may not be able to profit as much as that day or month ? adjust to market conditions. but for me 1% each day its much better
If me which one can give me profit, i will do it. But 1% each day actually will really affect if we have a lot of capital. And that thing always happen in anywhere, play safe with big capital and whoever have big capital might can get high profit.
Yeah, 1% profit trading with little capital actually is quite small but it is still much more better  if we consider the fact that it is better than it sitting down in our bank (FIAT) without yielding any interest. At least if the investor is sure of making profit out of it , it can continue to compound it till it grows bigger for bigger investment.

Imagine that I invest with 1000 usd and I keep growing it daily for the next 30 days, it means I will be able to get 1300 usd back at the end of the month which I can use again to invest for the next month, imagine how much that will be in a year.
hero member
Activity: 1302
Merit: 503
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

getting 1-2% is a lot easier than getting 20% over a month.  there will be days where you'll gain more than 2% a day as there will also be days where you'll lose more than 2% a day.  but getting 20% over a month means getting more gains daily than losing ones.  and to gain 1-2% daily for the majority of the days over the month requires more studies, research, analysis, tips and good luck.

- I do not think we earn 1-2% in a day is an easy thing because the risks from this market are always mysterious and it will appear very unexpectedly, even if we have prepared psychology and coping methods, we are also hard to handle all situations. 20% per month is also not a story that can be easily done, and because of challenges with such a high level of difficulty and pressure, traders should probably stop thinking about the amount of money they can earn every day or every month in trading, they should be comfortable and make money with all the power they have, this thinking will not make them feel pressured
full member
Activity: 1106
Merit: 166
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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 making the daily profit will be more difficult than getting the monthly profit because it will be more tougher to work for getting everyday profit so you need to be make hard work and change your lifestyle also for making this possible.
hero member
Activity: 980
Merit: 506
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 don't think getting 2% everyday is very realistic because the market cannot be good all of the time, and if I do my maths well, getting 2% daily will give me a total of 60%  in a month which is double the 30% which I was supposed to get, so why will I like taking 30% in a month than taking 60%.

It is just like saying that I should choose from being paid $500 daily or I should get $5000 monthly, if it were to be you, which are you going to choose? Let us talk about things that are realistic.
sr. member
Activity: 938
Merit: 266
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

getting 1-2% is a lot easier than getting 20% over a month.  there will be days where you'll gain more than 2% a day as there will also be days where you'll lose more than 2% a day.  but getting 20% over a month means getting more gains daily than losing ones.  and to gain 1-2% daily for the majority of the days over the month requires more studies, research, analysis, tips and good luck.
hero member
Activity: 2548
Merit: 572
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In the present market situation, neither of these are easier, but 20-30% per month would be reasonable. If you are an experienced trader then you can get both of these without much difficulty.

Yes, both of the targets are impossible to achieve in the current market conditions. We are seeing more and more dump each day and i am sure good traders have stopped trading for the time being, until the bitcoin bottom  is clear.
you are right, we cannot dictate the condition of the price will always be the same as your expectations, so use a flexible strategy, do not use the fix target, because you may not be able to profit as much as that day or month ? adjust to market conditions. but for me 1% each day its much better
If me which one can give me profit, i will do it. But 1% each day actually will really affect if we have a lot of capital. And that thing always happen in anywhere, play safe with big capital and whoever have big capital might can get high profit.
hero member
Activity: 1190
Merit: 500
In the present market situation, neither of these are easier, but 20-30% per month would be reasonable. If you are an experienced trader then you can get both of these without much difficulty.

Yes, both of the targets are impossible to achieve in the current market conditions. We are seeing more and more dump each day and i am sure good traders have stopped trading for the time being, until the bitcoin bottom  is clear.
you are right, we cannot dictate the condition of the price will always be the same as your expectations, so use a flexible strategy, do not use the fix target, because you may not be able to profit as much as that day or month ? adjust to market conditions. but for me 1% each day its much better
full member
Activity: 1162
Merit: 101
In theory, both of these goals are quite feasible! The main thing is to correctly distribute your capital to divide it into several parts, even if you trade on one cryptocurrency.
legendary
Activity: 1834
Merit: 1036
1-2% is possible, but I will not say "easier" since we are still in the bear market condition. Don't expect 1-2% profits on a weekend since trading on Saturdays and Sundays are slow. Same with Friday, what I have observed is that on a Friday, price of coins starts to go down a bit then price will start to pick up again on a Monday and Tuesday. 
member
Activity: 476
Merit: 10
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Its more difficult to gain profit everyday so we should be have target profit by monthly.  20%-30%  of profit amonth is possible in this situation  of market. And by use coompound strategy we can make more profit.  The most important thing to get that profit is we should  use stop loss and trailling stop for each trade.
sr. member
Activity: 826
Merit: 252
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 realistic target it will helpful and 1% - 2% a day is very great take profit point, in many reason this is the best one. To reach 1 - 2% is not easy but we all know take profit point has small range with stop loss. Because of that if you fail you can fix your strategy and test again, not too high or hard to reach as long you never repeat the same mistakes again, trust me.
sr. member
Activity: 572
Merit: 250
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
None of them are easy. It’s easy to say but it’s not easy to do. How do you plan on going for that? Through a short term trading or long term Hodl? If you Hodl to make 20% to 30%every month, you wouldn’t be sure it that’s going to work cause price can be something by the end of the month. Short term trading is even the most difficult.
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