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

[deppil]

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.

Actually I don't really make a target one month for what percentage profit should I reach because that will only make me feel shit and maybe stress if the target is not reached. I just play according to the circumstances. when the price is time for sale then I will sell. I can for >10% profit in a few days. depending on market conditions

[haroldtee]

The thing with trading honestly is that no style of trading is easy. Some always think if they switch from day trade to short term, mid term or long term you will have it easier, but the truth is that if you approach the market as if you are gambling, the same fate will always await you as an individual.

What you make as profit depends on how you make it which is your strategy, and how you make it, depends on the knowledge you have to be able to make it. Profit does not come easily in trading, you just have to know what you are doing, and do it right to be able to get the best from it.

[panganib999]

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.

Actually I don't really make a target one month for what percentage profit should I reach because that will only make me feel shit and maybe stress if the target is not reached. I just play according to the circumstances. when the price is time for sale then I will sell. I can for >10% profit in a few days. depending on market conditions

having 20-30% a month is like dreaming for a lambo just right after investing a hundreds on cryptocurrency, pretty ridiculous right ? Well it is possible though with proper strategy to use and market approach you'll get what you want or even more but then again there is a so called volatility and so i agree on this, play with the market on its circumstances don't just simply trade.

[MULTIK888]

If you try to catch small price fluctuations and earn 1-2% per day, then a lot of money will go to the exchange Commission and sometimes this type of trading is not profitable.
My opinion is optimal to get 20-30 % per month by issuing orders to sell at a higher price. There are always sharp UPS and candles during the month, so you can catch such price jumps.

[Clark05]

Better 20 percent everymonth becayse market now is unpredictable and it's hard to get profit everyday because now the coins decrease everyday or everyweek. And the only way to earn money is longterm or maybe hold it for few weeks to earn some profit.

[DavidNiva]

As I see it, those are two completing different strategies. Day trading targets daily profits, and it could be in the region of 1 or 2% growth on your capital.
On the other hand, you are going long and expecting profit over a longer time frame.

That said, there is no better or worse strategy, only what suits your skill set.
Trade according to your tools.

do not jump too quickly into trading if we are still uncertain, it is better to do a simulation in a different way, because by doing a simulation first, we will feel more stable in trading, try not to wander with all your money, because the large potential losses will always a real threat, we can do simulations of bitcoin trading without using real capital, so there is no potential loss.

[deppil]

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.

Actually I don't really make a target one month for what percentage profit should I reach because that will only make me feel shit and maybe stress if the target is not reached. I just play according to the circumstances. when the price is time for sale then I will sell. I can for >10% profit in a few days. depending on market conditions

having 20-30% a month is like dreaming for a lambo just right after investing a hundreds on cryptocurrency, pretty ridiculous right ? Well it is possible though with proper strategy to use and market approach you'll get what you want or even more but then again there is a so called volatility and so i agree on this, play with the market on its circumstances don't just simply trade.

20%-30% of profit is possible but you can't be sure you can profit by that target every month. you are right, use your strategy and take any profit before the market conditions on the coins you buy turnover.

[gamalzour]

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

Everyone has their own strategy. If you decide to rely on the 1% daily profit, based on your skills, and it’s actually working for you, by the end of the month you will have accomplished about 30% or more. But a lot of people would prefer to go long term while investing, it usually works for those that are perfectly skilled in trading.

[nasipadang]

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

For this year it is better to use a daily trade by producing 1-2% for each action, based on what I know and my analysis, the market decreases longer and I am not sure if we hold too long can produce 20% profit especially we are in bearish. Although the strategy taken depends on the skills of the traders themselves and the risks they take, but my advice is not to rush into the trade this month unless you are confident in your strategy and skills.

[Whosdaddy]

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

Everyone has their own strategy. If you decide to rely on the 1% daily profit, based on your skills, and it’s actually working for you, by the end of the month you will have accomplished about 30% or more. But a lot of people would prefer to go long term while investing, it usually works for those that are perfectly skilled in trading.

But I believe there will be no need of any special skill in trading if you go for long term investing. Yes, long term investing is the option for those who are NOT perfectly skilled in trading. With the option of long term holding, you will be able to eliminate all the risks associated with short-term trading and investing.

Making daily 1% or 2% is purely based on your skill set. If you are able to do so then definitely you can go for it. But before going for it you should understand that risks with it. If you do not want to take the risk then you should go for long term investing and not even for 30% target of monthly.

Most commonly, it would be much better to avoid daily trading. Because crypto markets are highly fluctuated  one and if you go for daily trading then the chances to making losses is more than making any profits.

[Jahmal32]

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. As the little even for day trade. You can safely earn 10%, but only if it is suitable for you? You decide which method is more attractive for you.

[milewilda]

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

Neither which way on what would you prefer but since you do day trade then small percentage profits would always do.As long you are making positive results in the end of the day, you might
either earn more than on what you have expected.

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.

For Forex and Stocks talks then 1-2% gain is already huge but for crypto it would be a little different due to chances of earning more due to volatility but well in exchange
the loss would have the same ratio.

[Slow death]

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

some things you need to keep in mind:

1- Choose good currency, in my opinion bitcoin is the best option

2 - have a good capital, and in my opinion is more profitable when you have more than 1 btc

3 - Do not set goals as if every day you would be forced to have profits from 1% to 2%, there will be days that you will not be able to trade for several reasons. The best would be you just make trade without estimating goals for your mind do not charge much of yourself (do not feel much pressure)

Some quick maths for you (starting with 1000$, 1% per day + reinvesting profits = exponential):

In 1 year you’ll get 1.01³⁶⁵ = 37x (3700%) = 37K. Well done, getting some nice profit for your hard work.
In 2 years you’ll get 1.01²*³⁶⁵ = 1427x = 1.4M. That Lambo is finally yours. I hope you went with yellow.
In 3 years you’ll get 1.01³*³⁶⁵= 53939x = 53M. You own boats and planes now. Ballin’ 24/7.
In 5 years you’ll get 1.01⁵*³⁶⁵= 77002912x = 77B. You own a country now.
In 10 years … The Universe is yours, congratulations.

 

if he does exactly so he will be the next richest man in the world

[darkr]

The thing with trading honestly is that no style of trading is easy. Some always think if they switch from day trade to short term, mid term or long term you will have it easier, but the truth is that if you approach the market as if you are gambling, the same fate will always await you as an individual.

What you make as profit depends on how you make it which is your strategy, and how you make it, depends on the knowledge you have to be able to make it. Profit does not come easily in trading, you just have to know what you are doing, and do it right to be able to get the best from it.

Yes, it is useless to make these targets. The crypto market can go up and down several times a day, and you can never guess if you make money today or lose everything. Just consider the current situation.

[LuvCyanide]

I invest in currency every 2 or 3 days. During this time, the currency has time to grow. I'm afraid to invest for a month in a falling market.

[Renaldi blackspadeteam]

I prefer to trade crypto every day, maybe because I'm used to it, and sometimes I can't get 1-2% per day, because of the price down, but in monthly trading, I'm afraid the price keep down

[The Cryptovator]

Why should have you wait for one month? Is it not better daily 1-3% so it will become monthly 30-90%. Who know after one month your hold coin become 30% down. So why not trade daily. I mean just get few profit and exit from it then go another coin. You can choose few coin for day trade. I am not fan of monthly trade if in case coin price has not dropped much. However it's your money and you have to decide yourself. Take risk what you can afford.  Just don't be much greedy, it can make you loser.

[wuvdoll]

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

Neither of them is easy to achieve however we are missing the point of the question, he is not asking if one of them is easy, he is not asking if we can achieve any of them. He is asking which one is easier compared to other that is all. Something could be %99 impossible to achieve but if the other is 100% than the other one is automatically easier. Hence, I think we should just choose one of the options as the easier option.

If you ask me making 20%-30% per month is easier, now there is a lot of difference between 20 and 30 but there is also a lot of difference between 30 and 60 which is what daily 1-2 is suggesting. Hence it is highly unlikely someone can make ANY profit at all during these days but making 20% is a lot easier than making 60% every month. Thats why my vote goes to 20%-30% per month option. Not that its easy but its at least easier.

[panganib999]

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

Both are easy to achieve however there are hindrances to do that like market fluctuation, price variation and market situations. Well we all want us to make profit in here but money ain't instant and so we have different strategies to use on this kind of industry and that is what we need to find while engaging on cryptocurrency. Everything is possible in here so find a way to make money.

[paper-eddy]

Some quick maths for you (starting with 1000$, 1% per day + reinvesting profits = exponential):

In 1 year you’ll get 1.01³⁶⁵ = 37x (3700%) = 37K. Well done, getting some nice profit for your hard work.
In 2 years you’ll get 1.01²*³⁶⁵ = 1427x = 1.4M. That Lambo is finally yours. I hope you went with yellow.
In 3 years you’ll get 1.01³*³⁶⁵= 53939x = 53M. You own boats and planes now. Ballin’ 24/7.
In 5 years you’ll get 1.01⁵*³⁶⁵= 77002912x = 77B. You own a country now.
In 10 years … The Universe is yours, congratulations.

what better way to live life than to own it lol