Daily trade Vs long trade

[Dreamr]

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 starter, you have to stay away from day trading. day trading is very risky yet not profitable most of the time. i think day trading is for professional traders. as a beginner, you need to go and learn about crypto trading first. there are so many places online to learn crypto trading from udemy free course to youtube crypto trading tutorials.   

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[doomloop]

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 of the member here aiming to become one of the good trader pal, as far as I know learning is a good start here, reading here most of the time might also give help to us to gain more idea to a different opinion by others here. In fact, even we are newbie in this industry the safest thing is to hold the coin first before anything else right?

Day trading is not only bad in terms of profit but also it is hectic. It consumes a lot of time and you often get driven by emotions. Usually when day traders see themselves go in loss, they become frustrated and anxious which is not good for their health and profession. For a secure trading, I support long term trading.

[mdzahed134]

I think Long-term would be a good idea, you will learn a lot from a bigger perspective which ultimately helps you generate profits on a consistant basis. In the long-term, you can control your emotions which is really important thing to do in crypto market. So, my suggestion is to go for Long-term.

no one knows if is really good o hold a coin for long term since we are not sure what will happen to crypto in the next more years. in day trade you can earn daily basis even in short trade you have a chance to multiply your capital.

But everyone cannot efforts in daily trading because lack of experience. Short trade is a huge risky in your initial capital. And you can't easily recover this losses, this is make you disappointed. Even short trade is depend on how much times you able to spend in daily. I prefer long term trading because of you can be control your emotion and there are no big risks here. Even you will get long time to research about market condition.               

[barabarian1]

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.     

before choosing to trade daily or long-term trading, in my opinion the first thing you should do is learn. in daily or long-term trading, trading strategies and market analysis are needed. You should learn it before trading. if I choose, I prefer to trade daily. in daily trading, I am not fixated on just one coin. in my opinion we can more easily get profits by trading with more than one coin. in my opinion long-term trading is riskier than daily trading.

[abel1337]

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.     

before choosing to trade daily or long-term trading, in my opinion the first thing you should do is learn. in daily or long-term trading, trading strategies and market analysis are needed. You should learn it before trading. if I choose, I prefer to trade daily. in daily trading, I am not fixated on just one coin. in my opinion we can more easily get profits by trading with more than one coin. in my opinion long-term trading is riskier than daily trading.

Gain some knowledge about trading, Learn the essentials and identify the do's and don'ts, You can trade successfully with that. There are some practice trading platforms, You can practice there without losing any money you have in your hands right now. It's true that you can earn more profit if you are trading more coins but it's hard to maintain especially if you are a daily trader. 
Friendly tip: Don't put all your eggs in one basket 

[Golstrim]

Finally I see that my long term predictions are better. In day trading I lose main idea and traid against it. Day trading is harder and my decision is to create 2 accounts for long trades and day trading. Will compare what is more efficient

[LUCKMCFLY]

In my experience, long-term trading allows me to observe what phase of the market we are in, and when analyzing and seeing a trend in what can happen I feel more prepared to react more not to predict.

In the short term trade, I think that the risk increases, it is a much more volatile fractal, normally the shortest I analyze the market is at 4h, and I have that fractal open since I come from a long-term analysis, it is better have that vision

For a smaller fractal, suppose 1h, 5min seems to me that it is much more difficult, it is feeling too much adrenaline, I think that type of trading called Scalping is totally oriented to experts.

There are many Technical Analysts that focus on Scalping through indicators and a lot of technical analysis, because it happens very fast and if we focus on those 1-minute operations, the settlements are greater when it comes to leverage.

That is why I prefer to use long and medium term trading, so I apply much more market knowledge.

[Rebisco]

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 it is depends on the skill of a trader. I'm a active trader so I prefer to trade daily than long term trading. There are more opportunities that I can get from day trading and that's why I became full time trader.

[asyakashi]

If you trade altcoin it's better to do short-term trading. the biggest risk is that fluctuations in bitcoin prices will cause altcoin to fall. next year halving bitcoin and of course the possibility of bitcoin prices will rise.
for the long term I prefer holding ethereum and bitcoin.

[joinfree]

Trading is not for newbies mate, stay off that dangerous road. Take your time, get to know more about this industry, market trends and look out for some blockchain projects with good use case and working products too. Do these before you venture into trading or else you are likely to lose your money at this stage.

[jazmuzika217]

As a newbie you need to try and perform daily trade with small capital only to make you familiarized about the trading flow. Because it is hard to invest in long term trading if you only invest a small amount because you are not knowledgable yet. And if you already learn using daily trade you can now proceed in long term trade and raised more capital.

[doomistake]

I will pick long term trading as against day trading,  you have to stick to your monitor for almost 24 hours a day if you day trading,  the tension is there, controlling emotion is another problem as regarding day trading,  but long term trade,  you don't need to stay up with your monitor 24 hours  restraining your self from resting and keep monitoring chart,  day trading Return Of investments is also not as much as long term trading,  you are likely to miss the pump party if you day trade always

Day Trading might be stressful but the you could have a gigantic profits here compare if you are going to long trade. Long trade form me is like holding, doesn't have any analysis at all so it is easy but your profits is not that big, it is only could for amateur Traders and staying on the safe zone. There are disadvantages and advantages for both of them, the most life consuming is Day Trading, too much radiation, can't get enough sleep, insomnia, low blood pressure and so on.

I would choose long trading also, because what would I do with a lot of bitcoins if I'm going to become a sick person, and there is a saying that "health is wealth", I'm sticking to it.

[Polar91]

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.    

It's recommended for you to start at long term trading since it's less complicated, you have more time to think, and you'll be able to manage the risk very well using that type of trading. Day trade is recommended for experienced trader since it needs proper execution, and quick analysis also otherwise you'll not be able to play along with whales.

[yurekaa]

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.     

before I choose which is the best between daily trading or long term trading. I assert that all traders start from zero, I am sure all traders initially do not have adequate knowledge about trading knowledge. but they must always learn on their way to success.
in my opinion, daily trading is the right choice for a beginner like you. by doing daily trading, you are required to see market developments every day if you want to get profit. thus you indirectly have learned to see market developments every day. by seeing the market development every day, I'm sure you will be able to have your own strategy or analysis to look for profits in trading crypto. start to do daily trading with little capital and don't just stick to one type of coin, if you are still a beginner. always optimistic friend, and do not be easily discouraged if one day fails.

[nasipadang]

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.     

To quickly understand I suggest to choose daily trade, in daily trade you are required to take all the information every day, analysis and strategy as well, then you will be forced to take decisions at any time. That way you will be familiar with market conditions, losses or profits. If you feel that you are experiencing continuous losses, I suggest switching for a moment to a longterm trade.

[Colt81]

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 own opinion, day trading is more riskier than long trading, but it makes you earn quickly and you don't need hold your coins in a long period of time. Doing day trading is a risk for people who don't have enough amount of money because you will get empty handed, but if you are an expert trader you don't have any problems even you are empty handed because you can control your emotions that you don't feel any pressure and you only focus on your goals and strategies.

[Ailmand]

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.     

It depends on how much time can you spend in crypto trading. Since you are new in trading learn about the basics of trading, it's risk, and all the info that will help you in your journey. Try which would best fit and more convenient and will be profitable for you, it all varies from trader to trader, your skill and knowledge, experience and the time you can devote in trading.

[AicecreaME]

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.     

To quickly understand I suggest to choose daily trade, in daily trade you are required to take all the information every day, analysis and strategy as well, then you will be forced to take decisions at any time. That way you will be familiar with market conditions, losses or profits. If you feel that you are experiencing continuous losses, I suggest switching for a moment to a longterm trade.

It's not really recommended for a newbie, it's too advanced and complex to be a start in Trading. Starting with the basics is more fitted for OP, you don't need to trade so early if you don't understand all the basics information you need to know before proceeding to the next level, it's about taking one step at a time and not jumping into one another, skipping parts might give you a headache in the long run.

There's no need to rush things up if you really want to be a person who earns a decent amount of fiat in Trading.

[Murat]

For me, Long trading I mean long term trade practice would bring you a sound profit if you have at least some capacity to maintain it, I suggest you to keep studying a lot about the market, At first, You have to know which coin is suitable to you and should know every detail of the top coin in trading market, I know it's easy to say but it's not easy to make profit from trading, But I know a lot of people who made a huge profit from trading, It will not come in a day, you have to be passionate and patient, you must control your emotion and greedy for money. you have to allocate your time properly for this trading purpose I think it will not so difficult for you in order to make a profit from long term trading.

[mdzahed134]

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.    

Daily trade or long trade, for me I prefer daily trade because in daily trade you will trading everyday and you can watch the real flow of money or the currency in which you will be updated in everytime you will trade. I prefer this than long trade because in daily you can earn daily than waiting for a long time.

True, I like trading daily because profits can be earned every day, some people even suggest trading in the long term in my opinion it is not a good way, for now many daily traders are appealed for the long term.

Daily trade is only for the risk taker and who guys are experienced in trade it’s my own opinion. You said that easily from daily trade you will be earn money in every day but it’s very difficult when you will do it really because i think you don't know how much efforts need for it because you have to a lot of times spend in daily. Long term is more safe trading but not always. Actually which trade is good it’s depend on your experience and your dedication than how much time you will capable to sepnd in every single day.