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Yamifoud
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November 08, 2018, 09:56:06 PM |
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I am a person who does not control emotions and has lost money in greed. So I think I do not fit into the daily trade and I have learned about the long trade. I believe that holding your favourite Altcoin long term will help you make a profit and not worry about the market trend.
Unfortunately, losing is a part of our life in crypto especially for daily trading. But then, long term holds still never give assurance of having a huge profit in return due to price fluctuations. Yes you're safe for daily events but you'll be wasting much time, instead you'll have a chance to gain everyday if you have a good trading strategy. |
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nydiacaskey01
Legendary
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Activity: 1834
Merit: 1036
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November 08, 2018, 11:52:34 PM |
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It still depends on the market condition before we say day trade is better than long trade. There are times we like to day trade but after a we buy a coin, price suddenly goes down and we cant do anything but hold on to it and wait for the price to recover rather than sell at loss. Im sure those who bought Bitcoin last December 2017 knows how it feels when the price of BTC dropped.
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acholagi
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November 09, 2018, 12:41:40 AM |
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for beginners, when you get to know cryptocurrency, the best recommendation is to become a daily trader, so you will begin to understand market conditions and also be able to further sharpen your instincts in making decisions
Experience is important for being the best cryptocurrency trader, you need some failure to open the door to success
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Getcoinsite
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November 09, 2018, 12:54:39 AM |
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I think long term trade is better than short term because trading is too much risky to all, so before starting trade you must have well knowledge about trading otherwise you will fall in loss. You may try to buy low rate and hold it until pump or reach new value..
If you are only trading for excess money,then i believe thats right long term trading is more safer and may give better profit But if this area of profiteering will be use as your bread and butter,then maybe you must risk in daily trading,though you need more knowledge and skills to do this rightfully |
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Patient_Zero
Jr. Member
Offline
Activity: 84
Merit: 1
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November 09, 2018, 01:07:42 AM |
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I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
actually all trades are very risky, but we should trade daily with a budget that is not too much, our main function will be smarter because we will get used to the world of trading, and secondly we can estimate whatever coins are interesting for us to follow and maybe we master price movements, with experience we will be able to make decisions correctly, good luck. |
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Flor1982
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November 09, 2018, 06:16:28 AM |
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Daily trading is in favor of day traders because they have much time to spend that maybe they don't have a job unlike people like us in which we have already a stable job but still need extra source of income that is why we engage in long term trading. Daily traders is very difficult specially when market is in bearish because the price is become really unpredictable unlike long term that we will just ensure that the crypto is worth for long holding like the top ranked coins which are most trusted and has the potential to make your money grow.
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alexander786
Newbie
Offline
Activity: 19
Merit: 0
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November 09, 2018, 11:09:14 AM |
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Long trading is worth and easy, If you identify good coin that has a future you can make a good returns.
Daily trade is tough because of market conditions and volatility markets, and should be having a good knowledge and experience, thereafter you can earn a good returns.
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bitcoinking11
Member
Offline
Activity: 378
Merit: 17
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November 09, 2018, 01:33:44 PM |
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Daily trade is not suitable for a newbie, it is for experienced people. After trading for a few months, you will gain a lot of knowledge about how market behaves only then you can do day trading and can be successful.
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$anounimus$
Sr. Member
Offline
Activity: 1722
Merit: 294
Vave.com - Crypto Casino
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November 09, 2018, 02:34:42 PM |
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this is a very easy choice, you should be able to see the trading capital you have and after that you can confirm your choice, when you have very little capital you better do daily trading because it can provide you profits in a fast and not have to wait too long.
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jojowar
Member
Offline
Activity: 378
Merit: 10
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November 09, 2018, 03:13:00 PM |
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If you have enough time and want profit immediately then you will choose day trading but the risk is much higher than when you are in long trading.
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princerepon
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November 09, 2018, 04:49:49 PM |
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I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
My opinion is long term. because you are a new in trading business so you need to learn how to going those things. if you choose daily trading then you will put your self in danger. cause daily trading is too risky more than long term trading. |
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riskarcher
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November 09, 2018, 05:01:37 PM |
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this does not depend on daily trade or long trade but how you sell and buy at the right time. the strategy needed is only a good analysis in determining the choices that you will take regardless of the market situation
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Bijikopi
Member
Offline
Activity: 232
Merit: 11
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November 09, 2018, 06:12:47 PM |
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I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
My opinion is long term. because you are a new in trading business so you need to learn how to going those things. if you choose daily trading then you will put your self in danger. cause daily trading is too risky more than long term trading. Long term is the safest point for beginners, but it is better to continue to be combined with capital testing for daily trading, the experience we get is the best to reinforce our confidence to more quickly understand the conditions and trading situations. Do not be too afraid if indeed we believe we can and even we lose our capital at the same time, must be understood first the basis of the management of assets that we measure directly. |
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A.H.Rassel
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November 09, 2018, 06:46:51 PM |
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I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
As a newbie, you have to need to learn the first trading pairs, volume exchangers and many things. At this current market situation, many good coins are dumped if you want buy and hold them. invest your time for learning the trade it gives you satisfaction in future |
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stayeduptolate
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November 09, 2018, 06:49:48 PM |
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I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
From what I have seen I would say that trading daily is the best thing that you can do as it will make you a good trader as you will be getting to face new challenges daily and also you will grow up with time and start to see short term trends that only a few people are able to see and this also increases your potential to earn more money as long term holding is pretty uncertain way of trading now as the price from January and now are pretty the same so there was no profit in holding bitcoin for more than 9 months. |
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Ronaldcoin2017
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November 09, 2018, 11:07:39 PM |
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I think I will choose daily trade, I believe that trading is really an amazing way to earn a huge amount of profit long trade and daily trade is almost the same. The only different is the time consumed, why we spend more time on long trade when we can still earn on daily trade. However it is our own decision, we need to choose a good decision to be more profitable.
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coinbirds
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November 09, 2018, 11:16:35 PM |
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If you are an experienced trader then daily trading can give you quick profit by scalping or swing trading.
It is risky and requires determination, controlling your emotions, discipline, patience, perfect execution and adoption to the market.
Holding strategy also can be profitable on an increasing market, but it is risky one on a declining market.
So, it depends on the market situation and on your preferences.
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tapaibuccok
Member
Offline
Activity: 303
Merit: 10
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November 09, 2018, 11:20:11 PM |
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I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
in my opinion at this time it's better to do long-term trading, I see ethereum as an example, ethereum has a very cheap value now, I think if we hold it back until the value gets better then we will be able to make 4-5 times profit. |
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PhilPrime
Sr. Member
Offline
Activity: 378
Merit: 250
BlockChainBroker - The Real Estate Exchange
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November 09, 2018, 11:29:52 PM |
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If you are an experienced trader then daily trading can give you quick profit by scalping or swing trading.
It is risky and requires determination, controlling your emotions, discipline, patience, perfect execution and adoption to the market.
Holding strategy also can be profitable on an increasing market, but it is risky one on a declining market.
So, it depends on the market situation and on your preferences.
It will depend on our coin, some coins have plans to do in this bear market, if we don't see working team acting in the dumper price of their coin then it will be the time to trade them, day trading will help for our expenses too. |
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oidv
Member
Offline
Activity: 364
Merit: 11
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November 11, 2018, 07:52:27 AM |
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If we exclude the probability of increasing your investment thousands of times, as Vitalik Buterin recently said, by the way, then 10-20% of profit can be considered luck. But it is not every day, let it be 1-2 times a week. Long-term trading allows you to get more, but here you need endurance.
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