Daily trade Vs long trade

[Soots]

Long trade is more secured and profitable if we have to compare it with daily trading. Every exchanges offering live trading, should have live activities in order that those traders who choose daily buy and sell can earn profit. Unlike with traders who buy only once for profitable coins, but didn't choose to sell after price increase sophisticatedly. They're having that idea of waiting the perfect time to make a certain coin matures it's market value.

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[Rufsilf]

When I started trading my plan is to hsve daily trades but as the time goes I learn many things from it. You must dedicate your whole day for daily trading. Market can change in a few hours or even minutes. I'm more suited for long term trading, I just check my weekly portfolio to see if it went up or down. If up take some profit.

I agree, the market price changes so fast it can rise and down in a span of minutes so you have to check it more often but for long term you can check it per week, month or even years depending on what works for you, for daily trade it can be time consuming in the sense that you have to check the price daily every few hours whereas in long trade you only check it once in awhile and in my case I normally do long trade in a span of months.

[Xalata]

For a newbie, long term trading is much better than day trading. Because with long term, you will avoid all the losses involved in the fluctuation of prices. Experienced traders can however practice day trading and they wouldn't run at a loss. You also need to get information on how the trading is done.

[zee11225]

Well, for starters, you should learn as much as possible about trading. I think you should try long term trading. To trade every day you need to have an understanding of the market and how it works and be able to choose the right coins. If you do not know how to do it, it is better not to risk.

Your opinion is very correct, because very fast price fluctuations cause daily traders to be more courageous in taking policies in choosing coins to be traded, of course following the current trend.
Unlike long-term investors, they will buy coins that are well-established and have strong fundamentals and are in a top position. This makes sense because they have very large liquidity so that short-term trading for them is not attractive, the profits are too small. But for me personally I prefer daily trading.

[narukami]

long term is good if you really want to become rich with less investment you can get good returns and less risk , day trading is good if you make good profits you will be like good worker in a company getting high salary

I am not really a good trader that's why i prefer long term trading because it's more easy and i know that i can earn huge profit doing it, but off course i still need to choose a coin to hold for long term so i can assure my self a good income in the future.

[cryptoblazter]

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.     

If you don't have proper knowledge and want to learn trade, you must make your own research we have Trading tutorial through youtube video, then We also have trading discussion here in the forum were you can ask here anytime you want. So in my opinion, since you are a newbie at the moment try to start long term trading and begin with kucoin exchange and start with small capital first.

[EXtremeAEX]

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 it is best to combine different types of trade. There are coins that show their full potential only after a long period of time, and there are coins that can be quickly traded within one or several days.

[alendel0n7]

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 it is best to combine different types of trade. There are coins that show their full potential only after a long period of time, and there are coins that can be quickly traded within one or several days.

I fully agree with this opinion. This is the style of trading I use. My bankroll is split into two parts, about 70 percent I use for long-term investments in fundamentally strong projects. I left 30 percent at BTC for daily trading.

[Eildosa]

I think you should start learning about trading. And in order that time is not wasted, you should invest in coins in the long term. For this, bitcoin is best suited. Then when you get the necessary knowledge, you will be able to increase your capital several times through short-term trading.

[nowlscor18]

I think day trading is very much riskier compared with long term trading. Because it's hard to trade when you're asset didn't have strong demands in the market. That's why other holders, have an option to hold their digital asset within a longer term timeline.

[awik p]

for me daily trading requires more concentration to see the market every day. and I personally usually share accounts for daily trading and long-term trading. I realized that I was studying for daily trading, and every day my heart was pumped because of price fluctuations. and I'm still learning to control it

[Golftech]

It depends on your daily busy life, whether you are an active worker filled with busyness or not, if yes it is better you do a long time trading but if you are a person who has a lot of free time then trading short time is the best.

But we can combine the two between daily trade and long time trade. There are coins that having
move fast price in the market, so we can make it as a daily trade or short time trade. And vice versa.

Yeah right that's very much possible inside the trading investment, there's already traders who learned how to work with their skills and already making good profits by combining both long , medium and short term tradings, it's all about how you manage to work and consistently following the charts and use technical analysis, work with each venues and try to make things profitable with your investment.

[babysweetTiger0401]

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.     

I think you are now one of the traders now in crypto industry business mate, And for sure even up to now you are still on stage of learning huh?
If you are not sure about what you are doing in the actual trade platform, it is much better to apply long term trading rather than daily trade to minimize your loss anyhow.

[Spaffin]

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.     

I think you are now one of the traders now in crypto industry business mate, And for sure even up to now you are still on stage of learning huh?
If you are not sure about what you are doing in the actual trade platform, it is much better to apply long term trading rather than daily trade to minimize your loss anyhow.

It seems to me that for a beginner there should be no notion of daily trading or a lengthy transaction on a cryptocurrency exchange, because he is still at the stage of his training.  This process can take quite a long time until a person perceives everything that happens on the stock exchange with an understanding of the whole process.

[hahay]

Doing both will get better, but when you first start it will be good to long trade, but at that trip you at least keep observe to the market movements that occur, so that you do a long trade but at the same time you continue to learn, slowly you will have a pattern to start daily trade with the experience gained at that time.

[senyorito123]

To suggest a much secure trading, I couldn't state it's sure at any estimable circumstances. But first and foremost it's demonstrated that longer trades do have abundant potential gains which will be will be adequate for our objectives on future trading efficiency. However, day trading wouldn't be ignored so far because sometimes it would be would be pertinent once market is effectively moving or evolving randomly.

[Nhebu]

Day trading is only for full time traders. Those who have already name in this industry or the so called professional traders can only be in day trading. They already establish their daily routine and they know when market fades and be buoyant. The thing is, long term traders are those who have guts to hold their coin over a period of time. Fortunately, it is good because market double when bull run comes.

[EXtremeAEX]

In any case, in order to be successful in trading, you need to have some knowledge. Daily trading, in my opinion, is excellent as a practice for beginners (of course, trading only in small amounts of money). But it is quite dynamic, so you need to be prepared for sudden changes in the situation.
In turn, long-term trading is more relaxed and does not require the trader to control the situation every minute.

[olamidey]

There are advantages for daily Trade and long trade. This depends on the experience of the trader.  Some make losses on daily trade while profiting on long trades and vice versa. It take lot of dedication and practice to get to this level.

[Golftech]

Both I do together, I have assets that I trade for the long term, but there are also some assets that I trade in the short term, so if I have free time I usually prefer to do daily trading.

For me doing both of it can give us profit but i am a busy person, i am working on a company that's why i prefer to do long term trading. And i am really confident that long term trade is still profitable thing to do, after holding a good coin for long time can make us earn huge profit.

It will depends on what coin/s you are holding for long term investment, you can workout with this type of system when you already  have a good understanding with project that you invested your money, knowledge will gives you enough courage not to be move if ever there's some unexpected incidents that happened from your assets, long term holds lessen stress and keeps you away to from keeps tracking your investment.