akram143
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March 06, 2019, 02:44:08 PM |
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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 think making the daily profit will be more difficult than getting the monthly profit because it will be more tougher to work for getting everyday profit so you need to be make hard work and change your lifestyle also for making this possible.
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conected
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March 06, 2019, 02:49:28 PM |
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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
getting 1-2% is a lot easier than getting 20% over a month. there will be days where you'll gain more than 2% a day as there will also be days where you'll lose more than 2% a day. but getting 20% over a month means getting more gains daily than losing ones. and to gain 1-2% daily for the majority of the days over the month requires more studies, research, analysis, tips and good luck. - I do not think we earn 1-2% in a day is an easy thing because the risks from this market are always mysterious and it will appear very unexpectedly, even if we have prepared psychology and coping methods, we are also hard to handle all situations. 20% per month is also not a story that can be easily done, and because of challenges with such a high level of difficulty and pressure, traders should probably stop thinking about the amount of money they can earn every day or every month in trading, they should be comfortable and make money with all the power they have, this thinking will not make them feel pressured
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beerlover
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March 06, 2019, 05:01:11 PM |
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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.
Yes, both of the targets are impossible to achieve in the current market conditions. We are seeing more and more dump each day and i am sure good traders have stopped trading for the time being, until the bitcoin bottom is clear. you are right, we cannot dictate the condition of the price will always be the same as your expectations, so use a flexible strategy, do not use the fix target, because you may not be able to profit as much as that day or month ? adjust to market conditions. but for me 1% each day its much better If me which one can give me profit, i will do it. But 1% each day actually will really affect if we have a lot of capital. And that thing always happen in anywhere, play safe with big capital and whoever have big capital might can get high profit. Yeah, 1% profit trading with little capital actually is quite small but it is still much more better if we consider the fact that it is better than it sitting down in our bank (FIAT) without yielding any interest. At least if the investor is sure of making profit out of it , it can continue to compound it till it grows bigger for bigger investment. Imagine that I invest with 1000 usd and I keep growing it daily for the next 30 days, it means I will be able to get 1300 usd back at the end of the month which I can use again to invest for the next month, imagine how much that will be in a year.
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futile-resistance
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March 06, 2019, 05:39:26 PM |
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Based on your write, if you are to day trade at 1 to 2% profit pays you more even when you take profit at 1 % though that is not what matters most in deciding, what matters is the coin you are trading with and how reliable the coin is, will the coin still be reliable for that long period of one month without anything shaking your investment, to me, aside the day trading profit that is more , I believe it has less risk, at least every day, you keep learning more about the project you investing in and thereby knowing their faith on a daily basis. There are lots of ICOs that has parked up within a month of coming into the business.
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xvids
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March 06, 2019, 08:39:49 PM |
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For me I would prefer 1-2% per day , But it wouldn't always work in your favor, I have done it before I manage to make about 10 trades with just a small percent of gain about 1-3%. Then I would put it all back in ,then one day I manage to lose about 13% because the coin drop down,just imagine all of your spent time to gain profit just vanished in just a single trade.
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whirlcoin
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March 06, 2019, 11:22:32 PM |
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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
trading is always a difficult job to do so each and every situation we have a difficulty mostly day trading will be more difficult to get profit each and every day so I think more than long term trading and short term trading will be more risky for everyone
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panjay
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March 07, 2019, 04:47:06 AM |
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I tried for some time day trading, just scalping based on some indicator. Just to gain 1-2% each day.
That was frustrating as hell. I don't know maybe my risk management was off or something. So when I trade my eyes glued to the chart, it's consuming my time, energy and sanity. Maybe I just suck lol.
So i just stick to the longer time frame for trading.
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sidkz
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May 19, 2019, 06:22:51 AM |
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It seems to me that daily trading is more stable in terms of income, but there is one drawback you need to spend more time trading, unlike long-term, and no one will give you a guarantee that the token will bring you + 20%,
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LogitechMouse
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May 19, 2019, 08:15:42 AM |
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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% is preferable compare to the other one but scalping is very stressful and since you don't know how the market moves, there is a chance that it will go below your buying price. If you are a good trader and not greedy then daily profit is better for you. For me, I'd rather go buy and hold because its very stressful and I have to do some things in real life and not only trading.
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Bagaji
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May 19, 2019, 09:05:22 AM |
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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 opinion, both of are easy to achieve only if you are good crypto currency trader but for those who are not good trading they should be contempted with what you can achieve within a day or month like 1-2 percent on a daily basis or monthly.
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viananda2525
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May 19, 2019, 10:22:51 AM |
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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 opinion, both of are easy to achieve only if you are good crypto currency trader but for those who are not good trading they should be contempted with what you can achieve within a day or month like 1-2 percent on a daily basis or monthly. i have different strategies on my trades.i never set how much i will earn profit in each of my trades.i just do my best effort to gain profits with minimun risk on it.i know its difficult to earn profit consistantly.so i have to avoid and manage the risk.
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ChrisPop
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May 19, 2019, 10:59:37 AM |
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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
There is no correct answer to this. It depends on your skills and knowledge about the markets. If you have mastered technical analysis and have proper risk management I'd go for day-trading. But there are more factors to take into consideration like how much time you have to allocate to trading each day. If you have another job and other activities it would be pretty hard to be an active day-trader.
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quarkfx
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May 19, 2019, 11:29:36 AM |
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both are possible i do both day trading and longterm , but if you are new getting 1-2% in day trading is difficult getting correct entries and market conditions many factors in day trading will not make profits consistent but in long term its all different
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Ucy
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May 19, 2019, 05:29:13 PM |
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I will go for 1-2% a day. The gains could even be more for day traders.
The more time you spend holding a coin, the more risk you face. Just stick to few established coins as a day trader ...and maybe try the less known ones once in a while
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bitbunnny
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May 19, 2019, 07:08:21 PM |
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both are possible i do both day trading and longterm , but if you are new getting 1-2% in day trading is difficult getting correct entries and market conditions many factors in day trading will not make profits consistent but in long term its all different
Yes, both are possible but there is no guarantee you will be successful. Many such percentages sound humble but this is not easy to achieve at all. Day trading is extremly demanding and not for everyone so I would choose monthly profits.
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timmydakolo2
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May 20, 2019, 04:54:01 AM |
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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
The both strategy are both possible but there is no warrant that the both strategy will be successful in every day's schedule, because the market doesn't tell when it will go bad and how long it will take when it goes bad.
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emmybd
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May 20, 2019, 05:11:43 AM |
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Day-trading is difficult, you have to spend a lot of time in front of your computer to buy the dip. On the other hand, 20% per month is reasonable not easy though, but achievable.
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Aivaryamal
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May 20, 2019, 05:53:20 AM |
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I have been trading for six months and came to the conclusion that it will be easier to do 20-30% per month, since digital assets can not change their rate by 1-2% every day, and within three to four days this necessarily happens)
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Muzika
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May 20, 2019, 06:03:58 AM |
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I have been trading for six months and came to the conclusion that it will be easier to do 20-30% per month, since digital assets can not change their rate by 1-2% every day, and within three to four days this necessarily happens)
it will really depends on the market condition if the market moves upward and had a good numbers then that would be possible to earn more than what you are targeting per day and if that will continue you can earn more than 30% per month doing trade.
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Whosdaddy
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May 20, 2019, 08:19:18 AM |
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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 opinion, both of are easy to achieve only if you are good crypto currency trader but for those who are not good trading they should be contempted with what you can achieve within a day or month like 1-2 percent on a daily basis or monthly. I will support interest compounding too that arises from an intraday trade, I dint think there is any good volatile coin in the market that cannot increase at least by 1 to 10% in a day before dropping low again, but it will be quite difficult to get a coin that will give up to 30% at the end of the month for long term investment since it is not a fixed interest. Although trading on a daily basis is quite not so easy comparing to trading once in a month, but if day trade is properly done well, it is worth it, there is so much guarantee that one can get upto 30% of ones investment by the end of the month.
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