Long Term VS Daily Trading

[FIFA worldcup]

Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.

Best Regards

CHRIS

If you have enough money you can go into long term investment. For this reason i think you can choose 3/4 coins from CMC top 10. But for daily trading you have to keep your eyes into market every moment. Primarily you have to target 5/6 altcoins for day trading and follow them atleast 7-15 days and also follow their roadmap and then reach your goal. I think you will be benefited.

Well it is still depends on how much the person willing to wait as there are other coins wherein you will in need to wait for a year, so ask yourself first, what do you want or what you prefer, are you okay with holding it for short term only or for long term only, and better to seek advise from the experts.

Long term wait duration cannot be defined. The way altcoins and bitcoin price are moving, dumping most of the times, maybe you can say that hold the coins for 2 years and then you may get 5-10x return and that too after the bull run.

[TrevorS]

Daily trading is really difficult, you can not always be profitable when trading daily because this market is always moving unexpectedly. If you want to be profitable, you must have a lot of free time to follow this market, and in addition you must have a lot of trading experience to handle quickly. I have tried trading but to be honest it is too hard and takes too much time and mind. It is best to hold and wait for this market, You will have more free time and do other things

You're right. In order to make money on trading, it is necessary to devote a huge amount of time to this occupation, and refers to it as a full-fledged job.
However, if you decide on this, then it is best to start with day trading, because in long-term trading you will gain experience very slowly.

[huige007]

Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.

Best Regards

CHRIS

If you have enough money you can go into long term investment. For this reason i think you can choose 3/4 coins from CMC top 10. But for daily trading you have to keep your eyes into market every moment. Primarily you have to target 5/6 altcoins for day trading and follow them atleast 7-15 days and also follow their roadmap and then reach your goal. I think you will be benefited.

Both type of investments i.e. long term and short term have their own requirements and perks. Short term or day trading is something that is considered hectic by most of the traders as you mentioned; we have to keep track of altcoins all the time for at least 2 weeks consecutively in order not to miss any chance of making profits. Long term is damn easy because there you can leave coins for months.

[onrise]

Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.

Best Regards

CHRIS

If you have enough money you can go into long term investment. For this reason i think you can choose 3/4 coins from CMC top 10. But for daily trading you have to keep your eyes into market every moment. Primarily you have to target 5/6 altcoins for day trading and follow them atleast 7-15 days and also follow their roadmap and then reach your goal. I think you will be benefited.

Well it is still depends on how much the person willing to wait as there are other coins wherein you will in need to wait for a year, so ask yourself first, what do you want or what you prefer, are you okay with holding it for short term only or for long term only, and better to seek advise from the experts.

Long term wait duration cannot be defined. The way altcoins and bitcoin price are moving, dumping most of the times, maybe you can say that hold the coins for 2 years and then you may get 5-10x return and that too after the bull run.

If people do make money and reach the levels as per their expectation or goals, then they can sell it. Also another thing is that one can diversify money in 2 parts so that certain amount could be invested for long term and other can be used for daily trading as well.

[pajak666]

short time is simply harder and more rewarding.. that simple. if you go longterm you will be missing some opportunities but you have 0 energy wasted on maintaining your positions. if you trade daily you got to work much more with the charts but you will considerably increase volume of your trades as well as end profit.

[ViceOfBTC21]

Neither are better. Both have different profitability margins and different risk management.

To begin, long-term trading is slower-paced and doesn't require quick reflexes, which can be a problem for newbies. It also doesn't require you to look at charts for a long time. Because of it, it is a less risky strategy, however, potential profits are lower as well. It's recommended for newbies.

Short-term trading is faster-paced and sometimes the reaction time can go as low as 1 minute. You might believe it's still easy, but in reality, it's easier said than done. It also requires holding attention on charts for a long time. It is a more risky strategy and potential profits are bigger as well. However, due to intense emotions caused by the speed, it is recommended only for very experienced traders.

I would say that in trading psychology is 10%, knowledge 10%, experience 10%, skill 10% and luck 60%. Now the luck has most percentage points connected to, because even most skillful traders sometimes do lose money in trading.

I recommend TradingView's paper money feature. However, it lacks emotions of risking real money. Use it before risking a small amount of BTC. Maybe go as low as 0.01 BTC.

Never never forget that you shouldn't ever invest or trade more money than you can afford to lose. Think about your trading money as a write-off with possible bonus if you are lucky.

[Dr.Osh]

Daily trading is really difficult, you can not always be profitable when trading daily because this market is always moving unexpectedly. If you want to be profitable, you must have a lot of free time to follow this market, and in addition you must have a lot of trading experience to handle quickly. I have tried trading but to be honest it is too hard and takes too much time and mind. It is best to hold and wait for this market, You will have more free time and do other things

You're right. In order to make money on trading, it is necessary to devote a huge amount of time to this occupation, and refers to it as a full-fledged job.
However, if you decide on this, then it is best to start with day trading, because in long-term trading you will gain experience very slowly.

my advice, focus on long-term trading is the best thing. it can make a bigger profit. it's just that, if you want to do daily trading, it doesn't matter, just don't use excessive assets. so far, I have chosen to hold assets rather than trade every day. even though it looks frustrating, but it is very difficult and risky, especially if you are addicted.

[d3nz]

short time is simply harder and more rewarding.. that simple. if you go longterm you will be missing some opportunities but you have 0 energy wasted on maintaining your positions. if you trade daily you got to work much more with the charts but you will considerably increase volume of your trades as well as end profit.

I highly agreed, and i think that holding for a long term does not give you a benefits of making a profit since you are just holding and not making any trade at all. And it would be better to do day and swing trade since it gives you a profit that a longtime holding cannot give.

And this is a mistake that i have done before in which i hold it for a very long time. That's why we need to improve ourselves in terms of making a profit easily.

[AirdropNotifyer]

The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources

[Visbay]

Daily trading is really difficult, you can not always be profitable when trading daily because this market is always moving unexpectedly. If you want to be profitable, you must have a lot of free time to follow this market, and in addition you must have a lot of trading experience to handle quickly. I have tried trading but to be honest it is too hard and takes too much time and mind. It is best to hold and wait for this market, You will have more free time and do other things

You're right. In order to make money on trading, it is necessary to devote a huge amount of time to this occupation, and refers to it as a full-fledged job.
However, if you decide on this, then it is best to start with day trading, because in long-term trading you will gain experience very slowly.

Well, it’s all about the trader but I think instead of making trading as a single way of earning we should use it as an additional way to make money so we will be able to earn more money from trading. If you think that you are expert enough to make money from day trading then you can start day trading but for new traders long term trading is suitable.

[FLoving]

Daily trading is really difficult, you can not always be profitable when trading daily because this market is always moving unexpectedly. If you want to be profitable, you must have a lot of free time to follow this market, and in addition you must have a lot of trading experience to handle quickly. I have tried trading but to be honest it is too hard and takes too much time and mind. It is best to hold and wait for this market, You will have more free time and do other things

You're right. In order to make money on trading, it is necessary to devote a huge amount of time to this occupation, and refers to it as a full-fledged job.
However, if you decide on this, then it is best to start with day trading, because in long-term trading you will gain experience very slowly.

Well, it’s all about the trader but I think instead of making trading as a single way of earning we should use it as an additional way to make money so we will be able to earn more money from trading. If you think that you are expert enough to make money from day trading then you can start day trading but for new traders long term trading is suitable.

If someone want to do their trading as additional to their other profession then better option for them is long term trading because if someone will do day trade then he will need to spend a longer time of the day waiting for the coins going up and down. I have experience in day trade that is why I know that if you will not spend the whole day then you will miss a number of opportunities in your trade.

[Faxmate]

Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.

Best Regards

CHRIS

If you have enough money you can go into long term investment. For this reason i think you can choose 3/4 coins from CMC top 10. But for daily trading you have to keep your eyes into market every moment. Primarily you have to target 5/6 altcoins for day trading and follow them atleast 7-15 days and also follow their roadmap and then reach your goal. I think you will be benefited.

Both type of investments i.e. long term and short term have their own requirements and perks. Short term or day trading is something that is considered hectic by most of the traders as you mentioned; we have to keep track of altcoins all the time for at least 2 weeks consecutively in order not to miss any chance of making profits. Long term is damn easy because there you can leave coins for months.

It is usually difficult to give verdict that which type of trading is the best one because both types have long number of supporters and there is a large portion of traders who are involved in both types of trading at the same time. So this true to say that both have their own charms and we cannot give one type edge over to another. But I like long term because I don’t have to work hard here.

[adzino]

The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources

You are saying long term trade is just ok? Well it is more okay than daily trading. Daily trading requires you to be more focused and understand the market for that specific time. The trades on an exchange has a specific trade patterns everyday. Once you get to understand those patters, you will be making some good profit. But keep on making mistakes, you will suffer loss. Long term trading is more safe in my opinion.
"Limited resource" is a vague term. You can start trading even if you have few bucks with you.

[Omega Weapon]

Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.

I will always advise anyone to go for a long term trading. Long term trading is what we all call HODL (an abbreviation for - Hold on for dear life). When it comes to Hodl, what you do is to invest your money and then you wait for a long time, probably months for the price to go up. When it goes up you can then sell it for the current price and make a profit.

Before you go for a long term investment it's best that you do a proper research and invest at the right time when the price is low and after you have invested you can then wait for the price to go up. If you're lucky you might invest and within a week the bull run will start and you make a profit within a short term.

Which is as it should be, at the beginning everyone should begin as a long term trader then as you gain experience, knowledge and even more importantly a lot of money then you can become a day trader, but that transition should take a long time and yet that is not what we see, newbies excited over the profits that they can get want to become day traders almost immediately not understanding the risks and the huge levels of stress that they have to endure and they lose whatever capital they had in a matter of months

agree with you. long term is good choice and can make profit because cryptocurrency is best invesment  but it will different if you are full time trader, maybe as a full time trader choose short term or daily trading is also  good because full time trader need to buy their daily needs. so for me as a full time trader and investor i choose both

Deciding to become a full time trader is not a decision that should be taken lightly, many times I see people asking if they can become a full time traders but that is not how that works, at first you need to begin as a part time trader and only once you have proven to yourself that you can make money in the markets then you can consider to take the option of becoming a full time trader, if you do not do it that way and you decide to trade full time before being ready you could lose all your money in the markets while being unemployed as well which is a terrible combination.

[nydiacaskey01]

The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources

It depends on what you invested in. If you hold on to a sh*t coin, after 5 years do think that coins is still tradeable? I have seen sh*t coins being delisted in exchange sites months after months, and imagine those who thought holding on to it for 5 years and get back to it thinking that it multiplied in 10 folds finding out that their coins does not exist anymore. Go for those that are among the top 5 in CMC and always look for updates if you plan for long term.

[Janation]

Well it is still depends on how much the person willing to wait as there are other coins wherein you will in need to wait for a year, so ask yourself first, what do you want or what you prefer, are you okay with holding it for short term only or for long term only, and better to seek advise from the experts.

I think this depends on how much you could earn.

I mean if you are willing to earn a lot of money, you can wait. The price of Bitcoin and other cryptocurrencies are so hard to determine that is why we don't know how will it go, it may go up or it may go down. We should not ask experts what should we do, we should ask ourselves how much profit should we look at before selling our investment.

[Bezobraznike]

Well it is still depends on how much the person willing to wait as there are other coins wherein you will in need to wait for a year, so ask yourself first, what do you want or what you prefer, are you okay with holding it for short term only or for long term only, and better to seek advise from the experts.

I think this depends on how much you could earn.

I mean if you are willing to earn a lot of money, you can wait. The price of Bitcoin and other cryptocurrencies are so hard to determine that is why we don't know how will it go, it may go up or it may go down. We should not ask experts what should we do, we should ask ourselves how much profit should we look at before selling our investment.

   Here comes the question to take the profit when ever you can, or to wait longer for the higher possible profit. There are no
guarantees that one day we will have an opportunity to collect huge profit from coins we invested. I decided to wait! It's risky,
like everything else is, I am aware of it, but instead collecting some little profit here and there I wish a chance to have higher
profit at once. As it sounds, it all depends on us and our views what is better.

[Btc_1856]

The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources

It depends on what you invested in. If you hold on to a sh*t coin, after 5 years do think that coins is still tradeable? I have seen sh*t coins being delisted in exchange sites months after months, and imagine those who thought holding on to it for 5 years and get back to it thinking that it multiplied in 10 folds finding out that their coins does not exist anymore. Go for those that are among the top 5 in CMC and always look for updates if you plan for long term.

Now people are understanding which coins to hold because every 6 month exchange are deleting the shit coins and it is not a good idea to hold those coins, it will not help us to make any profits from holding those coins. So we should always choose them wisely and it will help us to make a decent profit in the long term.

[AirdropNotifyer]

It depends on what you invested in. If you hold on to a sh*t coin, after 5 years do think that coins is still tradeable?

No!
I don't think we should invest in shitcoins or tokens,
i always go with top 100 coins, not with top 5

[Karmakid]

The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources

It depends on what you invested in. If you hold on to a sh*t coin, after 5 years do think that coins is still tradeable? I have seen sh*t coins being delisted in exchange sites months after months, and imagine those who thought holding on to it for 5 years and get back to it thinking that it multiplied in 10 folds finding out that their coins does not exist anymore. Go for those that are among the top 5 in CMC and always look for updates if you plan for long term.

Now people are understanding which coins to hold because every 6 month exchange are deleting the shit coins and it is not a good idea to hold those coins, it will not help us to make any profits from holding those coins. So we should always choose them wisely and it will help us to make a decent profit in the long term.

A proper research and a patient attitude will be your key towards success in long term holding or trading. Choosing coins should be indeed undergo in a wise way because if you will become lazy and greedy in searching for a coin then you will definitely lose a lot of money along the way. You should also consider having a decent cold wallet so you can really make sure that you are safe.