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Author Topic: Daily trade Vs long trade  (Read 38609 times)
harleymasters
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October 14, 2018, 05:52:32 PM
 #61

When you are less experienced try to practice more transactions to be able to accumulate more experience for yourself fastest. Trade with small amounts of less than 0.1 BTC. Not too much and too little, with 0.1 BTC you can join the Margin on Bitmex, a pretty interesting experience and may have many lessons for you to accumulate in your learning process. Make long-term investments if you are not ready for this risky market and do not have too much time trading!!
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October 14, 2018, 06:07:18 PM
 #62

I think it depends on the traders that how they control it. In my opinion day trading is risky but there is huge chance to make huge profit if anyone select best coin.
I agree.But having day trading would require more risks and pressures compared to long term trading.I suggest to learn more on developing your own skills and strategies before making such day trading.Start with long term trading first then after with that experiences,you can start day trading if you wish.

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naruto7676
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October 14, 2018, 07:07:22 PM
 #63

Daily trade for me is the best suitable in our community to watch what will happen and to know all peoples also in day trading.
avarnet
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October 14, 2018, 07:10:48 PM
 #64

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 have nothing to do for your daily basis then you should go for day trading but if you do then go for long-term. Basic thing in mind.
and if my suggestion for now is better to do long-term trading because the market is very difficult to stabilize in the near future. be better long term but produce very good later
usekevin
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October 14, 2018, 08:56:26 PM
 #65

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.

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October 14, 2018, 09:15:28 PM
 #66

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.     

You can start checking out these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-2% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. There is also a paid section where you will receive daily a 3-5 coins updated every hour.
It's worth it, but I will suggest you first start with the free signals until you become more knowledgeable and calm.
Good Luck!
Chachacoin17
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October 14, 2018, 10:09:04 PM
 #67

I think it depends on the traders that how they control it. In my opinion day trading is risky but there is huge chance to make huge profit if anyone select best coin.
I agree.But having day trading would require more risks and pressures compared to long term trading.I suggest to learn more on developing your own skills and strategies before making such day trading.Start with long term trading first then after with that experiences,you can start day trading if you wish.
Indeed, it needs lots of efforts to meet your goals and in case there's a declination of it's price you tend to panic during daily trades. Much better if we option to have long trades by the time you decided to hold your dumped price coin, because it has advantages compared from daily ways of trading. One reason for that is you have much more time to grow your asset and you're going to be surprised by profitable gains during pumps will happen.
Ziskinberg
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October 14, 2018, 10:14:50 PM
 #68

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.
Right.Atleast you should have more experiences in trading before proceeding into day trading as this will bring more risks on the part of the trader.For now,start with long term trading first and after you have done lot of tradings,you can start day trading provided that you are now wiser than before.

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Biscutard
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October 14, 2018, 10:27:41 PM
 #69

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..
For a newbie it is recommended that they have to go on to long term trading than short term because they might quickly burn their money because of their lack of knowledge. Trading isn't just an easy task that you have to put your money then buy and sell some crypto because the volatility of any crypto is very unpredictable.
galundan9
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October 14, 2018, 11:05:23 PM
 #70

I suggest you have to be a beginner who wants to trade by choosing only the long-term, basically, you still don't have enough knowledge about trading so you can wait for coins to be stored for the long term while learning more about trading.

rather than doing day trading you must see market movements at any time, so your trading knowledge will not increase broadly.
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October 14, 2018, 11:44:26 PM
 #71

I suggest you have to be a beginner who wants to trade by choosing only the long-term, basically, you still don't have enough knowledge about trading so you can wait for coins to be stored for the long term while learning more about trading.

rather than doing day trading you must see market movements at any time, so your trading knowledge will not increase broadly.
Right.Do not jump into day trading without proper knowledge on trading because if you do,you will only lose your capital.Start with long term trading first as this will give you sure profit if you just know how to hold them patiently.Then if you think you are now ready for day trading,go for it.Just invest only what you can afford to lose.
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October 14, 2018, 11:54:42 PM
 #72

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.     


Depends on your time availability day trade is need more time consuming to monitor and focus the potential coins going to increase quick.

Long trade is same as long hold to wait for the price increase, bith are profitables but you need to calculate yourself where did you prepared, i suggest search into the google how to become better traders or read allabout trading discussion herein forum for the fastest way to learn.

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October 15, 2018, 12:29:53 AM
 #73

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 want to learn trading then better do it as often as possible so that you will shorten your learning curve. If you are trading for the long term then it is not trading for me but investing. If you are trading perhaps daily or weekly then you will learn more about what strategy is best for you and you would be able to plan your trades. Besides that, one of the biggest hurdles to overcome when trading is your emotions and you will only be able to control it if you will often trade.

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October 15, 2018, 01:10:56 AM
 #74

For beginner look more easy to do long term trading or swing trading. Swing  trading also consuming less times, but if you have more times to spend you can split your trading balance for day trading as well.  You can do both at the same times so you will know which will be more profitable and know different risk and potential profit.

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October 15, 2018, 11:29:17 AM
 #75

You should learn the both and eventually makes your choice, no crypto enthusiast should limit himself to only a particular aspect, you need some trading knowledge in making investment decisions, both type of trading all have different outcome and requirements. Particularly for a very busy person, long trading should be the best as you do not habw to watch the market all day while short trading requires constant monitoring
Both are good, day trading needs more experience of trading and long term trading can be done easily. I think that day trading is more effective than long term trading because in long term trading you will have to wait for long time and the profit is also not guaranteed. If you analyze the market on daily basis and capable of doing best technical analysis of the market, then no doubt you will earn big money in day trading.
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October 15, 2018, 11:44:06 AM
 #76

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.
TheUltraElite
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October 16, 2018, 06:41:03 AM
 #77

Trading of bitcoin and cryptocurrency is easier job.
Anything is easy if you have some skills and experience with it. Trading is nothing different. But if you say that to a newbie then you are going to put in a wrong impression on them.

Quote
If you do with patience.
Patience is not the only thing necessary. Like I said, experience, skill and determination are all needed. Also capital management and research since its related to money.

Quote
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.
Thats also true for long term hold strategy. You will have to do an in-dept research for determining a time to sell off holdings and get decent profit. But in day trading its more risky because often markets get manipulated and its a bit of a gamble.

 
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October 16, 2018, 07:22:24 AM
 #78

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.     
Long is not trade but just holding. Trade is always on daily basis. If you want to trade you will have to give time to crypto market as much as you can but if you do not have day trading experience then you can hold your coins for long time. When the price raise more and you realize that you can earn atleast 20% then you should sell your coins, but not all. Hold some for future.

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October 16, 2018, 08:29:27 AM
 #79

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.
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October 16, 2018, 11:54:24 AM
 #80

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..

Indeed, you are right dude! but I admit that both them can give us a profit in the end. But on which of them are much more safer, well long trade is much more less risk you could get rather than daily which has a highly risk you could encounter when you do the actual trade in the platform.
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