BlackFor3st
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May 20, 2019, 08:25:15 AM |
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Both are good as either of them will give you a profit but if you are not that familiar in daily trading then it is better that you should do the monthly one. You only have to wait and make sure that you have patient in order to obtain your 20% profit target.
But 20% is very little especially in today's market as the market is keep on increasing like 40-60% per month. Monthly trading also requires a little time as you are not going to monitor your investment daily, visiting it 1-2 times a month is enough.
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Mpamaegbu
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May 20, 2019, 03:03:10 PM |
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We are looking at the "cup is half full or half empty" kind of scenario here. But I will go with the 20-30% monthly because that seem to take off pressure from the trader and allow them do their stuff patiently. Also, remember that focusing on the daily target may cause a trader to get into premature trades for the sake of meeting daily targets. Long term targets are better than short term in every business venture.
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Bagaji
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May 20, 2019, 10:21:09 PM |
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We are looking at the "cup is half full or half empty" kind of scenario here. But I will go with the 20-30% monthly because that seem to take off pressure from the trader and allow them do their stuff patiently. Also, remember that focusing on the daily target may cause a trader to get into premature trades for the sake of meeting daily targets. Long term targets are better than short term in every business venture.
You should not be too optimistic about long term target because at some point it fail too. Not that long term hold cannot be generalize for all business venture because there are business that one can see the future from the beginning if you are sound economist and you are not try and engage the service of an economist.
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glendall
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May 21, 2019, 03:58:35 AM |
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for beginner trading I suggest it's better to choose a target of 20% every month, because we don't have to bother looking at the chart every day, if the target is 1-2% every day, it requires high knowledge about trading management, high and reward, etc.
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valta4065
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May 21, 2019, 04:58:07 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
If you invest in any project with a fixed number if profit in your mind then you may not have that profits. You should not invest intended to higher returns. Any amount we invest can give us profits if we invest them into a correct project. For long term, i think you should think about monthly benefits rather then calculating daily profits. Long term investments are much profitable and less riskier. Short term investments are subject to market risk and we can loose our funds over there if we do not concentrate more deeply. If you have the skills then you will surely find good profit at the end of your trading.
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D3m1r4wanti
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May 21, 2019, 07:07:07 AM |
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Current trading is not as easy as you think, 1 - 2% is not an easy thing to get. do not rule out the possibility you can get 10-20% in 1 trade but it cannot be equalized every day. sometimes you will continue to suffer losses if you do CL or waste time waiting for prices to recover.
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redsun114
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May 22, 2019, 07:22:18 AM |
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Both of them can be possible you just have to make use of the right strategy and you will be able to make up to that amount in a day or a month. I have seen people that makes up to 1 to 2 percent every day and there are also people I have seen that earns up to 20 percent in a month and also those that claims to achieve more than that rate. Earning up to 1 to 2 percent in a day means that you're getting up to 30% to 60% in a month. But just like I said, it all depends on your strategy and whether you're doing the right thing to achieve that.
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idham29
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May 31, 2019, 03:59:10 AM |
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Current trading is not as easy as you think, 1 - 2% is not an easy thing to get. do not rule out the possibility you can get 10-20% in 1 trade but it cannot be equalized every day. sometimes you will continue to suffer losses if you do CL or waste time waiting for prices to recover.
It is true that trade is not like science which is all clear. Trading is a combination of common sense and luck, because it is related to the time of purchase or sale. I think it's easier to get 1% profit every day, if you diligently look at the numbers in the trading table because price movements always change at any time. In the morning try to invest and wait until the price breaks the target, after that, sell and close the transaction that day. The benefits may be small, but it's better because it can be a daily income
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semobo
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May 31, 2019, 04:40:42 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
I think trading for a month will be easier because if that time increased then we have the opportunity to get and achieve the goal very easily that's why making the percentage in monthly wise trading will be definitely is there for everyone to to get the target easily.
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Aivaryamal
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May 31, 2019, 04:52:29 AM |
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Every day I get more and more experience in trading and I want to say that it is very difficult to predict the percentage of profit for the month and it will constantly vary depending on the cryptocurrencies from which your portfolio is made
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LimLims
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May 31, 2019, 05:14:45 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
It's completely on you dude, how would you like to yield your investment. But according to me daily profit will be more beneficial for you guys. It will help to help you to recover you from losses also on daily basis. Investment will also be very soon increase. And you will get early profit ofc from this method.
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katerina5643
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August 08, 2019, 11:45:49 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
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. As a newbie trader i can state that for me it's too complicated to calculate the monthly reward. Price always change and it's too hard to predict where market will go. Also you shoyld consider curent market conditions.But if i'm not sure in my prediction and want to go long i usually check the charts and signals of Monfex. Their predictions are always right.
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numanoid
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August 08, 2019, 12:04:08 PM |
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Both of that way are difficult. I don't know what's the reason people are too greedy to get profit asap they can. Even for a warren buffet, he only aiming for 20% profit annually, and you can look him right now, He is one of richest people in the world. So why should we aiming too high goal? 1% daily it's mean 30% in a month, or 365% in a year.
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izanagi narukami
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August 29, 2019, 02:07:16 PM |
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How about 1000% for few years ahead ?
For me to make 20-30% per month in consistent will be difficult because in crypto, they are totally unpredictable. Yes, eventhough you have learn the TA and FA on stock exchange but they still different !
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nydiacaskey01
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August 29, 2019, 11:09:36 PM |
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Unfortunately the 1% to 2% profits per day is sometimes not achievable. I mean you can get 1% to 2% profits per day including Sundays and Saturdays. But, I would rather go with 2% to 3% profits per day. 1% profits per day is kinda small considering that we pay 0.25% trading fee or even higher depending on what site you are using.
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bitcon
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August 31, 2019, 08:26:25 PM |
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Unfortunately the 1% to 2% profits per day is sometimes not achievable. I mean you can get 1% to 2% profits per day including Sundays and Saturdays. But, I would rather go with 2% to 3% profits per day. 1% profits per day is kinda small considering that we pay 0.25% trading fee or even higher depending on what site you are using.
Gosh, you cannot plan either 1-2% or 20-30% profit as trading cryptocurrencies is the most unpredictable business. You cannot foresee when the market changes and how it will behave. Today, you plan to do 2% and start the deal, but in an hour or less, the market falls, and you lose. Or, certainly, vice versa. Follow the market changes and be flexible - it is the best thing to prompt.
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rodel caling
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August 31, 2019, 11:11:26 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
For me 1-2% a day lets compute if we can earn 1% aday in 30days we can earn 30% of profits if we can earn 2% aday is equal 60% earning profits in one month is abig different for 20-30% a month is that simple math analysis.
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Barbut
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September 01, 2019, 07:22:21 AM |
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1-2% per day is the same as 20-30% per month in terms of profit. What is easier, I think 20-30% with one trade is easier to make than to trade every day for that 1-2% profit. But it`s my opinion, based on my experience. I tried daily trading and overall I lost money like that. When I started with long term trading I started to make profit, and for me it`s easier to find a good coin, invest in that coin and wait some time for the price to rise and you can collect the profit.
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Mehr Sher
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September 01, 2019, 07:37:49 AM |
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As long as you are in green, I will take it in either way. But it’s not so simple to make 1% or even 20% a month. The obvious challenge is that you have to consistently make profits, which is often impossible. However, with good strategy we can reduce losses and increase profits for our self. I work with just keeping tracks on Crypto News, which is enough to bring me good and consistent rewards. And I feel it should be good enough for all.
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maydna
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September 01, 2019, 11:24:55 AM |
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It is better to get 1-2% a day than 20-30% per month because you will feel difficult to search for the profit. Besides that, for making 1-2% daily, you have so many coins that you can use to buy low and sell high, thus your chance to get the profit will bigger. And if you calculate in a month, perhaps your profit will bigger than 20-30% at the end of the month. So I suggest you make 1-2% in a day and keep doing that, and you will be surprised at how much money you can make.
You will not feel difficult to make 1-2% a day, especially if many coins can move together and you are buying at the right time so your profit will come to you.
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