Daily trade Vs long trade

[hahay]

Making a separate capital would be better to do both but still to make wise choices for yourself, because after all you are the one who will control your own finances with a plan that is owned, beginner or not it is just a theory because in trading you only need to be patient after making a purchase to be able to sell it at a higher price.

[yulionoo]

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.    

basically daily trading and long-term trading both have their respective advantages. I myself hold more than one type of coin available. I prefer to trade daily for altcoin, and for the top 10 coins I trade long term. why is that, because in my opinion altcoin is very risky if stored for a long time. if you feel you are still a beginner and want to trade and learn to become a trader, in my opinion you better hold more than one type of coin available and choose to do daily trading. with daily trading you will always monitor market developments, so you can trade and also learn.

[supercanada1]

As a newbie you need to try and perform daily trade with small capital only to make you familiarized about the trading flow. Because it is hard to invest in long term trading if you only invest a small amount because you are not knowledgable yet. And if you already learn using daily trade you can now proceed in long term trade and raised more capital.

There is so much to learn in trading. you need to have sound knowledge about coins such as which altcoins are there for generating nice profit in day trading and which one are there for long term trading. There are only few altcoins that are capable of pairing up with bitcoin for producing nice profit in long term trading or holding. Whatever you want to do in market, do it with proper information.

[ableh]

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.     

Even though you are now an expert trader, I strongly recommend to do trading daily basis. Why is that? because when compared in terms of profit and risk, daily trading is more profitable and low risk than long-term trading. But if you don't have enough time to monitor the chart, it is highly recommended to do long-term trading (as an example buy at new all time low and hold till get profit). Good luck with your choice 

[TrevorS]

If you want to quickly learn trading, then by far the shortest path will be the most difficult one. But you must be prepared for this. I would immediately try daily trading in your place.
For starters, you can only open long positions, and then, when you gain a little experience, try shorts. So that high risks do not put pressure on you, open a demo account or try to trade with a very small deposit.

[barabarian1]

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 really want to become a trader but you don't have enough knowledge about trading, in my opinion the first thing you have to do is learn little by little about trading knowledge. and I would advise beginners to do daily trading rather than long-term trading. with daily trading, you can see the market movements every day to look for profit. maybe over time you will understand about how to benefit from daily trading.

[Pelunize12]

the important one is you must understand the market sentiment, because market sentiment will tell you wheter you should do daily or long term trading
this is meaning of market sentiment, source investopedia

Market sentiment refers to the overall attitude of investors toward a particular security or financial market. It is the feeling or tone of a market, or its crowd psychology, as revealed through the activity and price movement of the securities traded in that market. In broad terms, rising prices indicate bullish market sentiment, while falling prices indicate bearish market sentiment.

in a nutshell, if the market bullish, you should do long term. but if the market bearish, daily with a tigh stop loss is a must

[Apened]

The best answer for me is depending on one person time and capability to cope with the trades because we know that these two have both their own consequences and we need to know within ourselves what is the best thing and time for us to trade. Where if we are not that so patient in waiting trades we can do daily trade and if we have a good patience we can invest or do long term trade plans accordingly.

[kolonel_x]

As a newbie, you should trade with small capital, you can learn well how to trade, starting from buying low and selling high, continue to analyze the movements of altcoin and know that team development sometimes also influences to altcoin, once you understand all of them you must be ready to trade in quantities big,
For daily or long term trading, it's up to you how to run it and do your own research, don't depend on others.

[pamsugas]

if you are new to trading you should choose investment only. because investment only needs to choose the 5 biggest coins at the moment and sell them 1-2 years. if you want to trade daily and do not understand I suggest you follow the telegram channel you can follow it here
@tradingcryptocoach
@wcsechannel

[Ashong Salonga]

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 am advicing you first to watch a lot of tutorial videos on youtube because it will be really helpful for a newbie like you to learn faster. And after you watch you can practice trading on a good exchange and try practicing day trade because it is one of the best source of income now.

[AliMan]

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 am advicing you first to watch a lot of tutorial videos on youtube because it will be really helpful for a newbie like you to learn faster. And after you watch you can practice trading on a good exchange and try practicing day trade because it is one of the best source of income now.

To make it as good source of income, choose the best asset to hold by studying top performing coins in every exchange market. Relying on tutorials was only our guide but not a reliable source of knowledge. Making trading your serious responsibility is quite more effective, rather than pushing more serious targets, risking your money on unstable crypto assets.

[ufaiz50]

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.     

Try to do day-trade, I think with day trade you can see a little about the market moves every day. I also started from day-trading to try out my expertise in trading cryptocurrency, even though before I had traded forex. if you make a long-term trade, then you will be easy to miss market information, long-term day is almost the same principle in HODL.

[AicecreaME]

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 am advicing you first to watch a lot of tutorial videos on youtube because it will be really helpful for a newbie like you to learn faster. And after you watch you can practice trading on a good exchange and try practicing day trade because it is one of the best source of income now.

To make it as good source of income, choose the best asset to hold by studying top performing coins in every exchange market. Relying on tutorials was only our guide but not a reliable source of knowledge. Making trading your serious responsibility is quite more effective, rather than pushing more serious targets, risking your money on unstable crypto assets.

Very eloquent, toturials alone won't secure your profits in the process, it is your will of how much you wanted to make profits therefore you surpass your limits on studying the charts, technical analysis and other old ways of doing Trading (but effective). Choosing the best coins to have is still just a part of succeeding in Trading, your skills must come after this, on how you are going to take a certain tough situation into a profitable one.

[djsugar]

First of all if you yourself think that you're a noob trader, then be it daily or long term, you are probably gonna screw the trade. It's always preferred to try demo trading before jumping to actual trading. Daily trade is not easy to start with because it requires tight stop loss and quick decision making. People usually bring emotions in such trades. So, I wouldn't suggest day trading to you at all. Long term in cryptos is comparatively less risky but it still needs constant check on the market. You can only analyse trends and market movements, if you're are well versed with the TA.

[secretgirl]

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 really want to trade, in my opinion it doesn't matter if you trade even though you don't have enough knowledge about trading. but I suggest to trade with low capital first, to avoid the risk. try to do daily trading, in my opinion trading daily is the right choice for beginners compared to long-term trading. by trading daily, you will always be active every day at the same time you can immediately learn to see the state of the market. maybe the longer you analyze market movements, you will have your own trading strategy that can benefit by utilizing market volume every day. every trader must start from a beginner and the key to a beginner's success is to study earnestly patiently and always optimistic in every step.

[Tungsten-1]

The best answer for me is depending on one person time and capability to cope with the trades because we know that these two have both their own consequences and we need to know within ourselves what is the best thing and time for us to trade. Where if we are not that so patient in waiting trades we can do daily trade and if we have a good patience we can invest or do long term trade plans accordingly.

These are indeed two most important factors to be considered when you are to decide the mode of making money in this diverse market of crypto currencies. There are many options like you can go for investing into big coins and save them for months. You can opt trading as your course but for that check out for time availability and patience.

[erickastella]

I prefer long-term recommendations because the risk is small compared to the short-term because the risk is very large, also my advice if you use long-term you should use a stop loss in order to minimize a lot of losses.

[Shasha80]

I prefer long-term recommendations because the risk is small compared to the short-term because the risk is very large, also my advice if you use long-term you should use a stop loss in order to minimize a lot of losses.

I like your post, it's true that long-term is safer because of its small risk. Especially for a newbie who is just starting trading
very much recommended long-term trading. For long-term I don't use stop loss, not because I am sure of profit. But I rarely
use the cutloss strategy, because if the price drops from buying. I will make another purchase, so if it comes to the price
go up can double profit.

[Irvinn]

I prefer long-term recommendations because the risk is small compared to the short-term because the risk is very large, also my advice if you use long-term you should use a stop loss in order to minimize a lot of losses.

I don't think that there is a difference in terms of risk in either long term or short term. It all relies on how knowledgeable are you in investing whether it is long term or short term. If you know how to play with the market with its volatility then it is not that risky for you to try short term and on the other hand, if you know how to calculate the potential of an asset in long term basis then you can maximize its opportunity.

If you constantly monitor the cryptocurrency market and analyze all the indicators of your assets, then daily trading is less risky, although for this you need to spend a lot of free time and is constantly near the computer.  But trading for a longer period has huge difficulties precisely in the current state of the cryptocurrency market, when no one can be sure of the 100% prospects of all projects whose coins you own.  The whole situation is so unstable that today coins can be traded, and after a week or a month a company can completely stop supporting its coins in the market.  Situations are different and most of all they are negative, but this does not apply to the most top coins.