Daily trade Vs long trade

[Aivaryamal]

I recommend using both options of trading, on a daily basis to allocate about 10-15% of its capital, and for the long-term period 30-40%, pre-selecting cryptocurrencies that are actually active

[1714686472]

1714686472

[richjohn]

Well, it all depends on your nature of investments.
In cryptos there are 2 type of investors. First who refer fast trading approach. Second people who hold their investments for long period of time. My personal experience is people who hold their investments for long term they gets fruitful returns on their investment.

[paynercash]

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.     

Trading of bitcoin and cryptocurrency is easier job.If you do with patience. Always the trading for longer term will be the easiest then day trading. Because in day trading,you have to analysis the market very deeply to get profit.Buy at low price and sell at high price is basic way to get profit in day trading too.

But in order to transact, we also need strong knowledge and foundation to get high returns from the market, so in my opinion, we should consider the potential coin option, so that Good for us, do not worry too much, the market will recover and then the value of the coin will rise even higher.

[boyz97]

I recommend using both options of trading, on a daily basis to allocate about 10-15% of its capital, and for the long-term period 30-40%, pre-selecting cryptocurrencies that are actually active

usually i use opposite with your allocation.with small allocation for long term period.it could give us huge profit although using small amount.

[ClaimMBTC]

i think day trade is good because there you should easily get more profit, you want to make long trade but you should have good knowledge of that, so you must go with day trade.

[Fredomago]

I recommend using both options of trading, on a daily basis to allocate about 10-15% of its capital, and for the long-term period 30-40%, pre-selecting cryptocurrencies that are actually active

Much better to have a combination like this, though it will need a lots of time doing some research and analyze which coin will provide good profits in returned but the best thing is you would be able to play with the market, and still have a great chance to keep earning while waiting for some of your
assets to rise high and give you huge gains, you must be more selective and very practical choosing what assets to hold for your long term goals.

[bering]

Daily or long term both of them are good but regarding the results from your trading activities i think depend on your abillity to utilize crypto market movement and in my view rather than pick between of them i think the best way is to combine them is good because trading not always be get profit even sometimes you lost and probably if you lost from daily trading then from long term trading you can recover your lost from it

[yansen]

the best trade for beginners is on Bitcoin, because it has slow fluctuations. so that price movements can be understood. if you want to trade in altcoin. then make small profits, to make trading exercises. and practice focusing on the target. this will make you quickly learn trade.

[RokokGudangGaram]

I recommend using both options of trading, on a daily basis to allocate about 10-15% of its capital, and for the long-term period 30-40%, pre-selecting cryptocurrencies that are actually active

usually i use opposite with your allocation.with small allocation for long term period.it could give us huge profit although using small amount.

of course because long-term trading is a lot of people get big profits than daily trading, because in the daily trade the profits we will get are only a few percent of long-term trading

[pundit]

Both short term trading and long term trading have its own advantages and disadvantages. In short term trading profit is low so as risk, in long term trading profit is high so as risk if you take equal position, In short term trading you need to check trades after short time whereas in long term trading you can get relaxed and check trade after specified long gap.

As per my experience long term trading is less stressful, calculate your risk as per your risk appetite and take trade as per technical chart or fundamentals, keep SL and TP as per analysis.

[Bezobraznike]

Both short term trading and long term trading have its own advantages and disadvantages. In short term trading profit is low so as risk, in long term trading profit is high so as risk if you take equal position, In short term trading you need to check trades after short time whereas in long term trading you can get relaxed and check trade after specified long gap.

As per my experience long term trading is less stressful, calculate your risk as per your risk appetite and take trade as per technical chart or fundamentals, keep SL and TP as per analysis.

   Pundit you got it, long-term trading or holding for future is less stressful cause it`s less risky. Why would anyone want to have stress and trade with fear from losing precious coins? Once you got
them in any way you need to keep them for years. It`s what I believe in strongly. Only after few years we can have great harvest, first we need to invest ourselves.
   I think holding have more advantages over day-trading. I dare to say that most of the day-traders have coins they hold. Why would anyone risk to trade with whole amount? It`s too risky move
and just people on edge can do that and people who want to feel that edge. I`m not one of them.

[Finestream]

Daily or long term both of them are good but regarding the results from your trading activities i think depend on your abillity to utilize crypto market movement and in my view rather than pick between of them i think the best way is to combine them is good because trading not always be get profit even sometimes you lost and probably if you lost from daily trading then from long term trading you can recover your lost from it

I agree.But since you're still a newbie,you can start in long term trading because the risk is not too high compared to day trading.You cannot just make day trading without proper knowledge and preparation about trading,you will only lose your money if you do.So develop your skills first before attempting to make day trading.

[buje micin]

to learn to trade it is better to do daily or short therm trading, you must be able to use exchange and know all the features in it, and if you do day trading then you will quickly learn

[mornabo]

I have seen many altcoin was going up about 10% to 20% in aday but after that the price turn in to going down, so from this case for now is better doing day trading. By catch profit around 10% to 20% pertrade is possible to earn more than 30% amonth, and day trading on the crypto look more easy to earn profit  than day forex trading.

Thats why in daily trading you have to take advantage of the opportunities that come as well as possible, don't wait too long because you will just waste the opportunity away, because altcoin is very volatile and very easy to change direction, if the price goes up use it well dude!

[Shishir99]

Normally i would have suggested for long term trade but it is now bear market and also very volatile.So now i would suggest you to do day trading.It is easy to make some profit because of volatility if you are little bit careful.

[rocketbits]

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..

Yeah you are right that day trading is very risky but all risky businesses also give huge profits instead of long term trading. When you are able to trade in crypto on daily basis you will see that you become millionaire in a very short time. if you do not have experience then long term trading is better because due to high risk you will lose your coins which is not good at all.

[prtty2gal2]

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 should trade short term. Because short-term trading will put you more pressure and make you more attentive. That will make you better and have more experience working in this market. Plus, you should not be afraid to fail. All failures are worth it and should only be invested in small amounts.

You should not even be trading any style at all, whether day or short or long unless you are certain of what you are doing when it comes to trading the market.

People tend to think they can just jump into a market and then start making huge money all of a sudden but things do not happen that way and if you discard seeking for knowledge first, you will only find yourself doing the same thing over and over again and then expecting different results.

However style of trading you want to choose, knowledge and some little experience and confidence in your strategy is what would make you pull through, otherwise it would be a tough story to tell.

[Cofee.BLUE]

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 or beginner in this industry, you should experience both in order to know. Day trading is quite risky since you'll never know what would be the right time in a day to trade because of price variation while Long term trading is more risky than day trading. WHY? because long term trading is that you are hoping to gain with uncertainty, it is a shot in the dark.

[tailwate07]

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 prefer to choose long term mate but with bitcoin which is certain than other coins in the market. because honestly doing day trading is very difficult nowadays and not safe especially if you don't have enough knowledge and experience how to choose a good coin to trade . That's why much better to trade with bitcoin for long term rather than choosing other coins, 'cause some crypto nowadays are not growing along with bitcoin when the market stabilize.  

You should first gain all required knowledge and skills about day trading because it is mandatory to be successful in trading. If you don’t have any experience and start daily trading you will definitely lose your money as many lost already. If you can spend some time with a crypto trading expert it will be more beneficial for you. By this way you can get knowledge and experience in less time.

[josephdd1]

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 prefer to choose long term mate but with bitcoin which is certain than other coins in the market. because honestly doing day trading is very difficult nowadays and not safe especially if you don't have enough knowledge and experience how to choose a good coin to trade . That's why much better to trade with bitcoin for long term rather than choosing other coins, 'cause some crypto nowadays are not growing along with bitcoin when the market stabilize.  

You should first gain all required knowledge and skills about day trading because it is mandatory to be successful in trading. If you don’t have any experience and start daily trading you will definitely lose your money as many lost already. If you can spend some time with a crypto trading expert it will be more beneficial for you. By this way you can get knowledge and experience in less time.

I agree with the above. As a novice you first need to acquire the knowledge, and that's really important when it comes to trading. Read, read and read is about the best advice I can offer you before playing with real money.