which is easier 1-2% a day or 20-30% per month

[TopT3ns]

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

I will pick a month, at past i do daily trading, but it is very stressful. We forced to get profit everyday and pick which coin is good and can make fast profit, not only profit but fast profit because we can't stuck in a coin which we pick.

[1714708115]

1714708115

[1714708115]

1714708115

[1714708115]

1714708115

[Bonsaiav]

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

If we compare the two, I think it would be very wise if we chose the option "20% more than a month", because with this option, maybe the level of risk and stress that we will face tends to be lower than "getting 1-2% a day".
But the above is not absolute, because everyone tends to hold on to their respective views in choosing the options they like.

[Indrawan77]

Both of them are difficult, and both of them need a good experience and strategy to achieve, in my opinion day trading is more difficult than try to make profit in a month, day trading volatility is harder to predict than monthly volatility, day trading need bigger focus and analysis, so I think achieve daily profit with day trading is more difficult

[aervin11]

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

Long term strategy is hold for me. You could still look at the charts to anticipate bigger price actions to increase your positions, that way you could earn a better than 20% every trade, but that is not by value but of position.

To tell you also getting 1-2% profits everyday would only be enough for exchange fees unless you are trading on huge volume, also, the market is unlikely to fill your orders for the marketcap is lower compared last year. Also curious about your stop losses, how much down for you to get out of a trade?

[bayu7adi]

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

1-2% per day will be easier and of course bigger results than you 30% in a month
every day your assets will increase, which causes 1-2% to increase every day, but all that will not happen if you can not be consistent and can not maintain lust or emotion in trading

[mornabo]

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

I will pick a month, at past i do daily trading, but it is very stressful. We forced to get profit everyday and pick which coin is good and can make fast profit, not only profit but fast profit because we can't stuck in a coin which we pick.

agree with you because not every day the coins you buy are increasing price right, so don't force yourself to take profits every day,
because it will be stressful, this is just my opinion only maybe different from the others, who might prefer get profit daily

[harizen]

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

Don't set a target on daily or montly basis but instead, focus on winnings. Trying to achieve a certain target in a given period sometimes leading into fail. If we know how the market will behave then no such thing as question like that will be raised.

Crypto market is unpredictable so obviously setting up a target profit wihtin a given period is not making sense to do. Try to take advantage on every trend we will encountered and maintain a good winning stats even with the bearish market.

And take note that you mentioned "couple of coins" so basically an altcoins which is more volatile than bitcoin.

Anyways if you still want to pushed that then go take the risks. See the result for yourself.

[pinoyden]

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

1-2% per day will be easier and of course bigger results than you 30% in a month
every day your assets will increase, which causes 1-2% to increase every day, but all that will not happen if you can not be consistent and can not maintain lust or emotion in trading

1 to 2 percent may seem to easy because you only see small numbers compared to 30 percent but the only problem is that the crypto market are not will always be your own favor .

 what i mean to say is that you cannot achieve a daily 1 to 2 percent of profit due to the effects of  price volatility  but im not saying that you can get a 30 percent profit per month   .   trading on cryptos are not just  guaranteed at all times , that is why we shouldnt calculate our potential profit because it will only cause us a depression .

[yanto@1977]

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

Their is no easy way, but the realistic target is 1% - 2%/ month, too low I'm afraid not. For beginner this is the right target and if you already found your best strategy you can play as whales, raise your fund to buy/ sell but not the target. Remember, not easy but it worth for you.

[Infinixhot1996]

It depends on the specific trader and the goals set by yourself,as a day trader definitely you wouldn't be targeting 20% profits in a day, it'll crazy to imagine,thus a 1% profit is acceptable,iF you can make a 2,3% profit,then it's a good day
But a hodler for years sure isn't expecting that little profits considering how long he's held up, that being said a 10,20% profit is an acceptable ROI.
But take note that their happens to be no easy form of trading or means to make money

[rickadone]

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

In my experience, both are not easier. Yes, you cannot be sure about making some percentage of returns for your capital on day to day basis from trading. At the same time, you may expect some good returns on monthly basis but that also not an assured one as no one could predict about how you will be performing for a month as producing consistent performance with trading is a very big challenge for any level of trader.

Your question should be "which is wiser" rather than asking about it is easier one. Because, targeting some profits on monthly basis will get you to actual what you are looking for. We all know that day trading is always profitable one as short-term predictions will not work all the times for any trading pairs. But, position based trading may get more chances to fetch big profits. As of now, I believe you cannot target for monthly profits but you may go for long term holding like holding for three or four months so that you can get more than 30% profits also.

[tosmartak]

The truth is that all these depends on you as an individual and your style of trading which basically sums up with what you are comfortable with. If you want to day trade and you can cope, then you can manage to be hitting your 1 - 2% daily, but you should know that market is not a rosy thing you will just assume a  consistent 1 - 2% daily or 20-30% monthly, most especially when it is in a bear trend. However, the main thing is to be sure you have what it takes to trade with a strategy and a plan, not just gambling your position.

[DarkBullet]

I prefer 1% to 2% a day because it is more realistic than 20% to 30% a month which is also hard to achieve in today's market. If you are a day trader, you can earn up to 5% depending on your strategy, familiarization and knowledge in trading. Besides, 2% rule is very effective in trading and will minimize your losses and gains at the same time. You can watch it on youtube or search it on investopedia website for you to get more information how this rule works.

[MFahad]

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

I will pick a month, at past i do daily trading, but it is very stressful. We forced to get profit everyday and pick which coin is good and can make fast profit, not only profit but fast profit because we can't stuck in a coin which we pick.

If you make a target of one to two percent daily, it will be hard to achieve on daily basis especially in the current bearish market. Even getting 20% to 30% is hard too in trading these days as you will be stuck in one or more coins for surely as we never know when the market moves further down.

[Pursuer]

it really depends on the strategy you are choosing and most important of all it depends on your experience in making profit. profit is not something that comes to you only if you buy random coins, it comes to you through hard work and lots of experience and a tiny bit of luck.

so when it comes to trading, you should stick to what you know. and as far as altcoins are concerned they are most profitable in short term. it doesn't have to be a day trading thing where you earn a fixed percentage per day but it should be short term where you dump the coins that are pumped before others dump.

[ethereumhunter]

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

I prefer to get 1-2% a day than 20% over a month because we can try to make that 1-2% with various coins and don't forget that we have a big option of the coins to make a profit. But this will only work well if you have the skills to analyze the coins so you can find the right coins to buy and sell at the high price. Getting 20% over a month could be work if you have the patience to wait for the price to increase higher especially if you trade bitcoin pair fiat. But I don't think that you will see the same percentage in the altcoin because I think once the altcoin increase, it can increase more than 20% but it's not for a long time, and after that, the price will be back to the price before.

[cryptorima]

In my opinion it is totally depend on your techniques and skill. If you have enough skill then you can earn 1-2% daily by trading and if you have less knowledge and skill then go for 20-30% monthly profits.

[asyakashi]

good idea but how to get 2% per day?
this is difficult because trade cannot be predicted. I don't think it's that easy, unless you have more capital and you focus on your trade, it's impossible with the current market situation.

[nydiacaskey01]

try and get 1-2% a day

1-2% a day? IMO, that's not realistic. Think about this: 6 percent a month, that's about doubling your account every year. That's huge. If we take Forex as an example, the best traders aim for 20 percent increase of their account every year. You cannot possibly have a realistic long term strategy and consistent profit with 1-2% gain per day. Even if you manage to get that profit a couple of months in a row, the next trade could be a huge loss that may wipe out the previous gains. Better to have a working strategy that gives you consistent profit, albeit much smaller than what you said.

It is realistic. Just look at the price of Bitcoin for example yesterday. The price of Bitcoin was traded from $3,300 to $3,500 all day. If you Buy at $3,300 and sell at $3,430 you earned 3%. There are altcoins also was traded with 2%-3% gains yesterday, so earning 1% - 2% per day is achievable and realistic and by doing the same strategy on a daily basis, 30% gain in a month from your starting capital is possible.

[cryptoblue77]

In the present market situation, neither of these are easier, but 20-30% per month would be reasonable. If you are an experienced trader then you can get both of these without much difficulty.