Daily trade Vs long trade

[Aivaryamal]

As a beginner, I recommend to set a goal to make a day of 3% profit and not to chase big profits at the beginning

[deppil]

If you are an advanced trader I suggest day trading , it could be much more profitable but riskier in the same time , Usually more profit comes with bigger risks , I'm not agree with holding , Holding is different from long trading .

Day trading is a very good business for the pals, which have been working with the cryptocurrencies for a pretty long time and who know the market very well. The newbie should better hold.

Newbies should really hold while they are learning the whole market because if you don’t have enough knowledge and you do day trading, you will just lose money. Day trading and long trading are both profitable, this will just depend on the coin you have and the strategies that you will use, learn first before you trade to ensure that you can gain profit.

Yeah considering day trading is not about your luck, but your intelligence in analyzing the market, you have to understand first about reading strategies, the ins and outs of coins youwill buy and so on, enrich yourself with knowledge, and after that you can do daytrades, but if you don't want to do that, just use a long trade

[MI6]

If you are an advanced trader I suggest day trading , it could be much more profitable but riskier in the same time , Usually more profit comes with bigger risks , I'm not agree with holding , Holding is different from long trading .

Day trading is a very good business for the pals, which have been working with the cryptocurrencies for a pretty long time and who know the market very well. The newbie should better hold.

Newbies should really hold while they are learning the whole market because if you don’t have enough knowledge and you do day trading, you will just lose money. Day trading and long trading are both profitable, this will just depend on the coin you have and the strategies that you will use, learn first before you trade to ensure that you can gain profit.

Yeah considering day trading is not about your luck, but your intelligence in analyzing the market, you have to understand first about reading strategies, the ins and outs of coins youwill buy and so on, enrich yourself with knowledge, and after that you can do daytrades, but if you don't want to do that, just use a long trade

Right, for some people who only know buy and hold when price get down, day trading is not good to d. Even if already experienced in trading activity sometime still hard to analyze coins daily and we know do that all thing daily will make us stressed.

[lenovop-70]

I would like to suggest daily trader for newbie like you my friend, because of many basic knowledge that will occur on a daily time frame, such as daily volume and daily cycle, these two things are fundamental to understand as traders, market movements are also more visible on the daily time frame.
Basically, to be able to do longtime frame trading, is a detailed observation of the daily timeframe.
Good luck!

[Vaculin]

As a beginner, I recommend to set a goal to make a day of 3% profit and not to chase big profits at the beginning

A conservative way is good but 3% is already big if you have a decent amount for your capital in trading.
We are at the right place as a day trader because theres a lot of coins in the market and they are very volatile, no problem making that amount
but you need to be active in monitoring the market, what's important is to stay profitable all the time.

[sedahan13]

This is depending on the times that you will spend for trading, if you have full times aday like 8 hours you can do day trading so you make bigger profit, but if you only can spend times 1 or 2 hours aday for the better doing swing trading and chooce good fundamental coins. But the most important thing in both trading is to have good risk management, dont forget to use stop loss and trailling stop because crypto market open 24/7 but we can not look in to the chart every times.

[deppil]

If you are an advanced trader I suggest day trading , it could be much more profitable but riskier in the same time , Usually more profit comes with bigger risks , I'm not agree with holding , Holding is different from long trading .

Day trading is a very good business for the pals, which have been working with the cryptocurrencies for a pretty long time and who know the market very well. The newbie should better hold.

Newbies should really hold while they are learning the whole market because if you don’t have enough knowledge and you do day trading, you will just lose money. Day trading and long trading are both profitable, this will just depend on the coin you have and the strategies that you will use, learn first before you trade to ensure that you can gain profit.

Yeah considering day trading is not about your luck, but your intelligence in analyzing the market, you have to understand first about reading strategies, the ins and outs of coins youwill buy and so on, enrich yourself with knowledge, and after that you can do daytrades, but if you don't want to do that, just use a long trade

Right, for some people who only know buy and hold when price get down, day trading is not good to d. Even if already experienced in trading activity sometime still hard to analyze coins daily and we know do that all thing daily will make us stressed.

Yeah because prices on the market are sometimes unpredictable, the strategy in trading is not just buying at a cheap price and selling at an expensive price, the strategy is more complex than that. trading is more difficult so you have to learn more and read more, if you don't have that skill then it's better to long trade

[bitgolden]

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.     

Since you’re a newbie, long term trading should be a thing for you. You might not be able to do daily trading since it requires some time to study and know how it’s being done, and you might still study and don’t know how to do it.

So stay with long term for now and be reading market analysis and reliable news from sites like Cointelegraph, Coindesk and CCN. They can help you know when price is down to bottom and when selling has subsided so that you can know when to buy in and then hold till price goes back up.

[Faxmate]

If you are an advanced trader I suggest day trading , it could be much more profitable but riskier in the same time , Usually more profit comes with bigger risks , I'm not agree with holding , Holding is different from long trading .

Day trading is a very good business for the pals, which have been working with the cryptocurrencies for a pretty long time and who know the market very well. The newbie should better hold.

Newbies should really hold while they are learning the whole market because if you don’t have enough knowledge and you do day trading, you will just lose money. Day trading and long trading are both profitable, this will just depend on the coin you have and the strategies that you will use, learn first before you trade to ensure that you can gain profit.

Yeah considering day trading is not about your luck, but your intelligence in analyzing the market, you have to understand first about reading strategies, the ins and outs of coins youwill buy and so on, enrich yourself with knowledge, and after that you can do daytrades, but if you don't want to do that, just use a long trade

Right, for some people who only know buy and hold when price get down, day trading is not good to d. Even if already experienced in trading activity sometime still hard to analyze coins daily and we know do that all thing daily will make us stressed.

Yeah because prices on the market are sometimes unpredictable, the strategy in trading is not just buying at a cheap price and selling at an expensive price, the strategy is more complex than that. trading is more difficult so you have to learn more and read more, if you don't have that skill then it's better to long trade

Yes learning is much better for best trading so you should get more knowledge about trading but if you wanna start trading so you should separate some little amount of money for trading (so if you lose it will never hurt you) and get start daily trading so you will earn some money and it will better learn you, so its depend on your choice if you wanna long trading or daily trading but now a days in its low price you will earn very low profit but a lot of efforts can give you big amount.

[peter0425]

As a beginner, I recommend to set a goal to make a day of 3% profit and not to chase big profits at the beginning

A conservative way is good but 3% is already big if you have a decent amount for your capital in trading.
We are at the right place as a day trader because theres a lot of coins in the market and they are very volatile, no problem making that amount
but you need to be active in monitoring the market, what's important is to stay profitable all the time.

Or he could get a bot to help him get that 3% daily profit. It's really possible specially on shitcoins because of the pump and dump but you need to learn when to enter and exit as to not get trap. That's the essense of a day trading, profits round the clock but it's hard and challenging.

[SvonioneFromMangoCoinz]

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 short-term transactions are great for newbie. because we need faith to hold in the long term. The experience of short-term trading will give you experience to become a good trader.
Warren Buffett has also been a trader and has experienced a lot of failures before he became a billionaire.

[sheenshane]

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 short-term transactions are great for newbie. because we need faith to hold in the long term. The experience of short-term trading will give you experience to become a good trader.
Warren Buffett has also been a trader and has experienced a lot of failures before he became a billionaire.

Warren Buffett probably invested hugely amount and trade, then you might right. Here is my explanation on how to calculate your fund/capital in trading. If you will ask me personally. I have a very easy method of trading. What is it?

First, you have to slice your PIE. Divide your asset and balance things. As a trader, you can actually save some of the slices from your pie and invest it in a long term trading. And the other pie would be your investment for your daily. Just always remember that you need a long term investment and it is a must for you. You can trade for daily but make sure to keep a long term trading investment as well.

[Dudeperfect]

I personally believe that since I am involved in some other activities, I can not give the required time and flexibility which requires for the short term trade but as I can always take some time out of my schedule, I can use that time for research and it helps me to determine long term investment plans. As far as my experience is concerned, a newbie should take his time and start investing for the long term where he always has the opportunity to restructure his investment as per his knowledge and research which is usually difficult for a newbie to do in the short term.

[onrise]

As a beginner, I recommend to set a goal to make a day of 3% profit and not to chase big profits at the beginning

As a beginner some rules - start with less amount , invest only if you can afford to lose as it is risky . Do trade top coins in beginning so that even  if market crashes they will recover quickly when rise happens and should have holding capacity . If do not have patience then avoid trading .

[MURONDI]

I personally believe that since I am involved in some other activities, I can not give the required time and flexibility which requires for the short term trade but as I can always take some time out of my schedule, I can use that time for research and it helps me to determine long term investment plans. As far as my experience is concerned, a newbie should take his time and start investing for the long term where he always has the opportunity to restructure his investment as per his knowledge and research which is usually difficult for a newbie to do in the short term.

but in my opinion a beginner is better off trading short term, because it will make him more time to learn directly and hone his skills, if he often interacts with the market, he will find out more quickly about market conditions.

[whirlcoin]

I personally believe that since I am involved in some other activities, I can not give the required time and flexibility which requires for the short term trade but as I can always take some time out of my schedule, I can use that time for research and it helps me to determine long term investment plans. As far as my experience is concerned, a newbie should take his time and start investing for the long term where he always has the opportunity to restructure his investment as per his knowledge and research which is usually difficult for a newbie to do in the short term.

but in my opinion a beginner is better off trading short term, because it will make him more time to learn directly and hone his skills, if he often interacts with the market, he will find out more quickly about market conditions.

 I think long term trading will beneficial more than daily trading because daily trading had lot of work to do but long term trading will not be like this in daily trading the tensions are most important thing for us that's why saying this.

[sempak]

Daily trading or Long time is actually nothing wrong because indeed we do trading sometimes not like what we want certainly makes us have to be able to be a little patient waiting for prices to increase

[Dudeperfect]

I personally believe that since I am involved in some other activities, I can not give the required time and flexibility which requires for the short term trade but as I can always take some time out of my schedule, I can use that time for research and it helps me to determine long term investment plans. As far as my experience is concerned, a newbie should take his time and start investing for the long term where he always has the opportunity to restructure his investment as per his knowledge and research which is usually difficult for a newbie to do in the short term.

but in my opinion a beginner is better off trading short term, because it will make him more time to learn directly and hone his skills, if he often interacts with the market, he will find out more quickly about market conditions.

 I think long term trading will beneficial more than daily trading because daily trading had lot of work to do but long term trading will not be like this in daily trading the tensions are most important thing for us that's why saying this.

There is no thumb rule for trading and thus a trader can learn to trade in the short term as well as in the long term. However, when a new person enters into the market and starts trading, it is the period of excitement without much experience and knowledge about the market. I have observed that new trader often believes his initial results and assume it as benchmarking situation which is not true at all. Every trade is unique and hence some disappointments in early trades might destroy his interest in trading whereas having the larger timeline for trading can give some experience of the market and new trader gets time to settle.

[akram143]

I personally believe that since I am involved in some other activities, I can not give the required time and flexibility which requires for the short term trade but as I can always take some time out of my schedule, I can use that time for research and it helps me to determine long term investment plans. As far as my experience is concerned, a newbie should take his time and start investing for the long term where he always has the opportunity to restructure his investment as per his knowledge and research which is usually difficult for a newbie to do in the short term.

but in my opinion a beginner is better off trading short term, because it will make him more time to learn directly and hone his skills, if he often interacts with the market, he will find out more quickly about market conditions.

 I think long term trading will beneficial more than daily trading because daily trading had lot of work to do but long term trading will not be like this in daily trading the tensions are most important thing for us that's why saying this.

There is no thumb rule for trading and thus a trader can learn to trade in the short term as well as in the long term. However, when a new person enters into the market and starts trading, it is the period of excitement without much experience and knowledge about the market. I have observed that new trader often believes his initial results and assume it as benchmarking situation which is not true at all. Every trade is unique and hence some disappointments in early trades might destroy his interest in trading whereas having the larger timeline for trading can give some experience of the market and new trader gets time to settle.

I think the long term trading will be there right way to get more useful for our future but that daily trading is also profitable but the enough money will not be make able to survey our life but it depends upon the situation so we can definitely choose either short term or long time investment.

[cryptojac17]

I personally believe that since I am involved in some other activities, I can not give the required time and flexibility which requires for the short term trade but as I can always take some time out of my schedule, I can use that time for research and it helps me to determine long term investment plans. As far as my experience is concerned, a newbie should take his time and start investing for the long term where he always has the opportunity to restructure his investment as per his knowledge and research which is usually difficult for a newbie to do in the short term.

but in my opinion a beginner is better off trading short term, because it will make him more time to learn directly and hone his skills, if he often interacts with the market, he will find out more quickly about market conditions.

 I think long term trading will beneficial more than daily trading because daily trading had lot of work to do but long term trading will not be like this in daily trading the tensions are most important thing for us that's why saying this.

There is no thumb rule for trading and thus a trader can learn to trade in the short term as well as in the long term. However, when a new person enters into the market and starts trading, it is the period of excitement without much experience and knowledge about the market. I have observed that new trader often believes his initial results and assume it as benchmarking situation which is not true at all. Every trade is unique and hence some disappointments in early trades might destroy his interest in trading whereas having the larger timeline for trading can give some experience of the market and new trader gets time to settle.

I think the long term trading will be there right way to get more useful for our future but that daily trading is also profitable but the enough money will not be make able to survey our life but it depends upon the situation so we can definitely choose either short term or long time investment.

Maybe it's a great mindset to pick either of two types of trading, but for me much better to keep your coins discreetly and don't ever be a weak handed person. Possibility I may praise those who sell for good, but I won't for those making fun of trading. Most of day traders whose newbies cannot withstand a good fight, and always tend to lose by dumping their asset quickly so it made the price to crash.