Daily trade Vs long trade

[the13thsymphony]

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.     

For the newbies you just need to learn first the trading before you plan what is the best trading for you. When you have learn the basic trading you will already know what best trading is for you. You should also know the difference of the daily or long term.

Daily Trading: It is doing trading with a daily profit. It means you will earn daily, you are making daily profit.
Long Term Trading: It is doing trading for a long period of time. It means that you are making your profit for a long period of time.

I suggest you do your trading with daily and long term so that you can earn daily and you have another profit with a long period of time. While you are doing the long term you can still earn with your daily trading. But if you are just starting you can do the long term first then if you already know how to do it then you can do the daily trading so that you will have a daily profit.

[GDragon]

It depends on your capital. If you have only 100 - 200$ you could do short term but if you have enough money like a thousand bucks more then try long term. It is just my opinion mate

[shulc7]

If you are really a beginner, use a little money to trade and learn how to trade well so as not to get a lot of losses, because I see some beginners experience a lot of losses, he does not pay attention to market movements that are rising or falling and only see the profits without thinking about some of the risks that will be experienced. I advise you to use daily trading first with small capital, you must learn which coins you think are potential, if you have mastered how to trade, surely you know what you have to do with your capital.

The beginners should better stay away from the day trading. This serious and time-taking business needs skills and much experience. It will be better simply to invest in cryptos and hold them first.

[Tnt1971]

Daily trading named as short term (hit and run) trading is more preferable because one can get profits within short time periods and long holding trading is less preferable because one can holding his assets long and get profits but more he can get but risky to hold.

[Joyawan13]

If you are really a beginner, use a little money to trade and learn how to trade well so as not to get a lot of losses, because I see some beginners experience a lot of losses, he does not pay attention to market movements that are rising or falling and only see the profits without thinking about some of the risks that will be experienced. I advise you to use daily trading first with small capital, you must learn which coins you think are potential, if you have mastered how to trade, surely you know what you have to do with your capital.

The beginners should better stay away from the day trading. This serious and time-taking business needs skills and much experience. It will be better simply to invest in cryptos and hold them first.

long-term investment or you say long-term trading, it's more in a safe zone for every beginner, but for example there are beginners who want to learn to trade day, I suggest not to use big capital first for example you can't really trade well,it by the risk of defeat is huge.

[TheReverend]

if you are just a beginner it's better to do longterm, because trading daily has a greater risk for beginners you must really understand the market conditions before trading daily.
if for the long term I think it will be easy if you really buy quality coins like btc, eth and others.

[GreatArkansas]

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.     

Day trading is very risky, specially you are newbie, you need a lot of time for doing day trade, because doing day trade will lead you to lose, not unless if you always keep watching the chart and observing on it. Specially now, the market is really choppy. You need to consider that also.

[eann014]

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 is risky, so before entering into it, make sure that you have proper knowledge about it and how will you handle its pressure when you are going to make short-term trading. Both short-term and long-term are risky but it is up to you on where are you comfortable with.

[armarsterling7]

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 should only trade short term now. Long-term investment is only for those who are experienced and consistent with their portfolio. But you should only pick the new altcoins on the trading floor and buy it. The new altcoins are quite high volatility and you can make a profit of 7-12% from the pumping and dumping of it.

[rollingstorm45]

Short-term trading is now better for developing asset capital, especially for novice traders, they will not be able to be patient with current market conditions and will always try to make a profit, this is also very suitable for people who like fast analysis.

After feeling enough, the next thing is profit is divided into two options, and one of them is by buying long-term coins such as bitcoin and eth.

[OrangeII]

Short-term trading is now better for developing asset capital, especially for novice traders, they will not be able to be patient with current market conditions and will always try to make a profit, this is also very suitable for people who like fast analysis.

After feeling enough, the next thing is profit is divided into two options, and one of them is by buying long-term coins such as bitcoin and eth.

if you have something to invest, I think having it in the long run is a very good thing. well, even though sometimes it is urgent to sell in the near future, but, if you don't need it, then of course the better is not long.

[S4VV4S]

Short-term trading is now better for developing asset capital, especially for novice traders, they will not be able to be patient with current market conditions and will always try to make a profit, this is also very suitable for people who like fast analysis.

After feeling enough, the next thing is profit is divided into two options, and one of them is by buying long-term coins such as bitcoin and eth.

if you have something to invest, I think having it in the long run is a very good thing. well, even though sometimes it is urgent to sell in the near future, but, if you don't need it, then of course the better is not long.

In my opinion it depends on the bustle we encounter in our lives, if we have a very busy life then I think long term investment is the best choice, but if we had plenty of time to monitor market price then short term investment (Trading) is the right choice.

[wuvdoll]

I remember when I was trying to make daily trade in the past. In that time, I am a beginner, and I cannot make a good profit, and I often get lost of my profit. But after I learn more about trading, I realize that I need to find which coin that can move well in daily and it's not easy because we need to find the coin. I search and learn more and more and now, I think I can find one or two coins that can increase in the next hours. But although I prefer to use long trade to make a big profit, I think if we have skills then we can try to do day trading because right now, many coins still move so we can expect to make a good profit.

If you are a beginner, I will advise not to use any real life fund to start with at all. It is always better that after you have been able to learn enough, try as much as possible to get yourself fully equipped with experience and confidence first by trying out with demo funds and trying to see how well you are able to do over time with your strategy.

Trust me, there is always a certain emotion that comes with using real life funds, no matter how small, and that is always one thing that will usually determine how things would pan out for your eventually, if care is not taken. You want to be sure you are set for the real world and you have enough confidence to deal with it, before doing so, whether as a day trader or as a long term trader.

[Chocolatehaze]

I'm a breakout trader, but this isn't a breakout I want to trade. I can only imagine how many stops are set above and below. Seems like this price action is the perfect recipe for a fakeout before the market actually makes up its mind. So I'll just let the market do its thing, and wait for the next consolidation zone. Anyone thinking the same?

Maybe I still got a little PTSD from the USDT fuckery. That day, I was $40 away from getting stopped in at 6850.

[Kestenbetsa]

I'm a breakout trader, but this isn't a breakout I want to trade. I can only imagine how many stops are set above and below. Seems like this price action is the perfect recipe for a fakeout before the market actually makes up its mind. So I'll just let the market do its thing, and wait for the next consolidation zone. Anyone thinking the same?

Maybe I still got a little PTSD from the USDT fuckery. That day, I was $40 away from getting stopped in at 6850.

I trade pretty similarly and completely agree - gotta pretty much sit on the sidelines in this range. I've accumulated quite a bit in cold storage in this range, but for a breakout trade I'm thinking 6900 (I think that's a pretty good r/r entry spot).

[David78k]

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 have good money management

[Cryptomilz]

Day trading is stressful and demanding and honestly, it's not for everyone. A lot of people who would have ordinarily done well as long traders have lost a lot of money to the market. I'll not even advise you trade with a live account at all until you're confident enough to do. I'll therefore suggest taking positions on coins when the price is low and sell when it's high.

[btc78]

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 no enough knowledge in trading,better go long term first while you are studying in cryptocurrency trading world.this is not enough to get in daytrading because thats the riskiest part of this community.

In right and perfect timing you may become trader,but as of now just dont push and dont rush

[Itcher]

You have to decide what is closer to you, but first of all I recommend to learn the subtleties to read the book by Jack Schwager Technical analysis will be very useful

[Sadlife]

I prefer swing trading rather than both daily and long trading because i believe that both daily and long term trading can be risky and unprofitable cause when you sell your assets in a daily basis you'll never get the most out of your investment also in long term trading when you hold a token for a long time that token might crash and never recover.