Daily trade Vs long trade

[udidrone]

Day trading is only for full time traders. Those who have already name in this industry or the so called professional traders can only be in day trading. They already establish their daily routine and they know when market fades and be buoyant. The thing is, long term traders are those who have guts to hold their coin over a period of time. Fortunately, it is good because market double when bull run comes.

I think there are a lot of people who not really famous who already success in daily trading. Usually whales prefer to like long term trading and control bitcoin price even it is true or not only they who know about it. But if abouf daily trader usually is fulltime trader it is maybe right.

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[Scheede]

Thus I will trust some portion of my holdings to Peculium´s AIEVE (product BeliEve) which does automatically trades users portfolios.

Growth has been around 8.something % avg. in beta version already.

[hamster fat]

From my point of view long trade will give you more profit.
But day trading makes profit for you every day. So it depends. I prefer day trading

[emberbekas]

For a beginner, trading in the long term is most suitable. If you do not know how to determine the movement of coins, then you better not risk it. You have to read and learn a lot, but first you can invest in bitcoin and forget about it for a while.

Beginners can also use both methods. Save a few coins and keep them untouched for some period of time as a long-term investment, while doing daily trading with a small amount of money as a learning path. In this way, it is hoped that we can add more knowledge into our minds to make a better trading experience in the coming days.

[BitcoinTurk]

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 do research before starting daily trading and start trading with low initial budget. Especially for these transactions you need to have knowledge and experience first because this market is not like other markets. There are many different incidents, traps and methods of losing money. For long-term investments, I do not think that the purchase price level is very important because short-term gains are not expected in long-term investments. Everyone needs to create a long-term investment basket, but it is important to do daily trading with some budget. It would be better for us investors to get an active and passive income instead of a single passive income.

[Herry Toms]

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.

[Herressy]

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.

[dmamigo]

long term is good if you really want to become rich with less investment you can get good returns and less risk , day trading is good if you make good profits you will be like good worker in a company getting high salary

To become rich with long-term investments, you must invest mush also. I am not sure that a beginner will start with big sums of money. He can better spend not more than 500 dollars (it depends on the guy's wages also) and then, see what to do further.

I believe this is not mandatory that we have to invest huge capital for long term investment, you will just make less profit.

Your risk appetite will help you to take a decision between day trade and long term investment.

If my capital is less and my risk appetite is minimum, I will obviously choose long term investment. Hence, choose wisely guys as any mistake will land you in trouble in this volatile market.

[nelson4lov]

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.

You forgot to mention that day trafe isn't a bed of roses and a lot of things can go wrong when day trading. You didn't even make that one would accumulate fees with more trades. Or the fact that, You might not even make profits. This is trading, a lot of things can go wrong – Whether it's day trading, swing trading or long term. I don't like when people sugarcoat stuffs. Anybody who read your post would think It's that "easy" to multiply one's capital with day trading.

[MI6]

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.

You forgot to mention that day trafe isn't a bed of roses and a lot of things can go wrong when day trading. You didn't even make that one would accumulate fees with more trades. Or the fact that, You might not even make profits. This is trading, a lot of things can go wrong – Whether it's day trading, swing trading or long term. I don't like when people sugarcoat stuffs. Anybody who read your post would think It's that "easy" to multiply one's capital with day trading.

I will agree, because day trading is not that simple. Maybe for people who pick long term investment is who not really good at day trading. It is not buy and sell but need much effort to do daytrading, and i believe not all people can do it easily.

[jakoylantern]

For me, it depends on what type of person you are; if you are a busy person and making trading as a part-time job, I think you need to go in long trading. Because in daily trading, you need to focus on the cryptocurrencies price, also require too much effort, stress, and quick decision. But in long term trading you just need to wait for your profitable rate to sell your cryptos, but the difference of the daily trader to long trader, the daily trader can gain money daily and much high compared to the long-term trader.

[SummerBliss]

For me, it depends on what type of person you are; if you are a busy person and making trading as a part-time job, I think you need to go in long trading. Because in daily trading, you need to focus on the cryptocurrencies price, also require too much effort, stress, and quick decision. But in long term trading you just need to wait for your profitable rate to sell your cryptos, but the difference of the daily trader to long trader, the daily trader can gain money daily and much high compared to the long-term trader.

Cryptocurrencies don't give you assurance in long tern like mutual funds do. You can't say after 5 years, you will approx. make XX% profit on your investment. It may be possible that your investment doubles the next month or fall to 80% after 5 years.
Therefore, when dealing with something as hot as cryptocurrencies, better remain as close to market as possible. Follow all news, read charts everyday, anticipate events. Keep your portfolio updated or your investment will die with dead coins.

[StayFly]

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 that might depend on your financial status. if you have a huge budget and enough money to support yourself, the long term investment is by far more profitable. But if you have a small budget and you rely on that to feed yourself, day trading is the solution. Day trading is very risky to you gonna need a lot of knowledge and experience to survive it and we all know that doesn't come cheap! 

[jmigdlc99]

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 believe it's just called "day" trading, no need for "daily."

In any case, i used to think i could make it big, doing research, analyzing trends, doing day trading. However i soon realized that crypto is so volatile and often times doesn't follow technical analysis and more often than not just follows rumors, scandals, and good news. So from losing money as a day trader, i just went long and am waiting for my trades to profit by themselves.

Remember that on a long enough timeline, crypto is a great investment.

[man22555]

Nosedive into daytrading. Learn about candlestick patterns and stuff. Don't follow signals group and study the sentiment continuously.

[qwertyup23]

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 capital you are willing to risk and your experience in the field of trading.

Generally in day trading, you risk your capital in a relatively short amount of time and recognize even the tiniest of gains on your part. On long trading, you trade but you have a specific goal that you want to reach on your capital gains. In short, the the longer you trade the lower the risk gets.

If you are relatively new to the field, I suggest that you read books, watch videos, and consider guides here in the forum on how to get started in trading. It is really a difficult process especially if you consider all the factors but it is most definitely profitable.

[debuni]

For me, it depends on what type of person you are; if you are a busy person and making trading as a part-time job, I think you need to go in long trading. Because in daily trading, you need to focus on the cryptocurrencies price, also require too much effort, stress, and quick decision. But in long term trading you just need to wait for your profitable rate to sell your cryptos, but the difference of the daily trader to long trader, the daily trader can gain money daily and much high compared to the long-term trader.

Cryptocurrencies don't give you assurance in long tern like mutual funds do. You can't say after 5 years, you will approx. make XX% profit on your investment. It may be possible that your investment doubles the next month or fall to 80% after 5 years.
Therefore, when dealing with something as hot as cryptocurrencies, better remain as close to market as possible. Follow all news, read charts everyday, anticipate events. Keep your portfolio updated or your investment will die with dead coins.

From my side I do believe that cryptocurrencies are the actually the best long term investment you can make, ratio risk/reward is breathtaking. But always keep in mind that you need to invest money you're able to lose.

Nosedive into daytrading. Learn about candlestick patterns and stuff. Don't follow signals group and study the sentiment continuously.

That's right, at one point I followed signal groups etc, I lost a lot of money. Especially when it's related to cryptocurriences there is always a pump and dump story behind.

[Murat]

Seriously, Crypto trading is one of the most profitable along with the risky platform. if you want to participate in the day trading then you are going to take a wrong decision regarding trading. I think long term trading would be the best possible way to earn some from this platform because of a huge manipulation and fluctuation in this crypto world, so Holding is the best way to make money. not only that but also you have to make a proper analysis based on your capacity and budget and then you should make the decision which side you could choose. it's really easy to say but when you do it's tough. So everything is possible and fair, but you must be very careful and attentive, In trading, you must be very watchful and instant decision-maker, right time click is very important to gain from trading.

[Rodeo02]

Based on that comparison, it is a no brainer for most of the people to just do the long trading because it will not make you stress since you have a lot of time to analyze the chart because you do not have a time limit since you are aiming for long time trading and after that, you can easily log off from your exchange and wait for at least a month to see the growth of your trade.

And this is only happen if you dont really care about the price or you will not be needed the fund you trade so you dont need to check price every time market moves.

Just hold and forget and back after years.

[teosanru]

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 trading is a very tough game not because market is unpredictable. But because we are humans we need some time to take our decisions and trading is a very hectic job. People often end up in a hell lot of depression while staying for 7 hours in market. So for any newbie i would suggest first to go long term. Because even if you make a wrong decision with your trade you have a lot of time to rectify the mistake but this won't be possible in case of day trading where matter of minutes can be a deciding factor in profits & loss. Moreover risk management technique required in Intra day needs to be more robust and effective than that in long term trading which is pretty difficult for any layman to create.