Jellachrist (OP)
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Activity: 37
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October 30, 2019, 12:15:20 AM |
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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
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Wexnident
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October 30, 2019, 02:23:04 AM |
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Errr long term suggests a larger margin for profit. But, you'd need quite a vision for it since some coins could potentially go down without any cause. Plus, as the name says, profit comes after lets say 3 to 4 years. 2 years at the minimum I think. As for short term profit, well that has a smaller margin for profit. You'd need daily analysis of charts and current market price and then invest at the right time so that you could profit in the basis of 1hr 3r 5hr time intervals. Basically, its an everyday struggle to watch the market. Thats what I think anyway.
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Omega Weapon
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October 30, 2019, 02:39:11 AM |
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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
Both styles of trading can be profitable what you need to do is to find out which one is better for you, if you are willing to take a higher level of risk and you are willing to watch the markets every day for hours then short term trading will be a good option for you, but if you prefer to minimize your risks and you have no problem with holding your coins for months or even years if needed be then long term trading could be a better option for you.
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Shasha80
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October 30, 2019, 03:36:31 AM |
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Always makes me excited when discussing trading, because in my opinion playing trading must have the ability to read the market. If you don't have the ability to try trading right away, I'm almost certain that the capital will be exhausted soon. There are two types of trading inside this is the first long term and the second daily trading. For long-term it is easier to do because you only need to buy coins then set a target sell, usually for long-term it requires a minimum of more than 1 year to enjoy profit. And if daily trading must choose the right coins because this strategy must find coins that have fast movements or volatility high. Because daily trading targets the profit earned per day. So it's not just anyone can use this strategy, especially for newbies not advised to play daily trading because it is too high risk. Both trading strategies require a thorough analysis so that they can make the right decision.
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mk4
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Paldo.io 🤖
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October 30, 2019, 04:19:44 AM |
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Day trading: - You spend hours and hours looking at charts
- You can earn a good amount of money if you know what you're doing
Long term investing: - You leave your money on bitcoin and you don't need to do anything for years/decades
- You can do something else like getting a job or starting a business instead of looking at charts daily
Which one is more profitable? It's like asking if it's better to get a job or to start a business.It completely depends on you.
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Curated Crypto Airdrop Database
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gandame
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October 30, 2019, 04:44:21 AM |
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Long term is good you can hold it as long as you want that is a long investment. Daily trading is much better because you can get an good income everyday you can get profits so daily trading is much better than long term.
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mk4
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October 30, 2019, 04:54:41 AM |
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Daily trading is much better because you can get an good income everyday you can get profits so daily trading is much better than long term.
Keyword: canYou potentially could make more money by daytrading, but it doesn't mean you will. Day trading is much much harder you think. It's pretty evident due to most traders actually lose money by day trading instead of actually earning. And don't even forget the time consumed that could be used for other more productive things instead.
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Curated Crypto Airdrop Database
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avikz
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October 30, 2019, 05:00:57 AM |
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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
Trading is indeed the best way to earn bitcoin and it is possible to earn a living through it! However, long term trading which is also known as swing trading, is not a very suitable style of trading for a lot of people unless you invest a large sum of money! Because in long term trade, less numbers of trades are executed so you need larger amount in profit. On the other hand, in day trade you will need to ride on the small changes in the market which doesn't require a lot of capital and you tend to execute more number of trades with small profit to make it up for you! I would rather request you to visit youtube and learn about various trading strategies! You will find a lot of channels to learn there. I can personally name "Crypto Love" and " Bitcoin for beginners" because I got immensely benefitted from them during my initial days! Good luck!
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Reid
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October 30, 2019, 05:23:32 AM |
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Try risking a little bit of money. Maybe that way you could learn more. Sorry for my offer but I learned trading the difficult way. Mostly I lose at the first time but as it goes on I got the catch of it and got hooked in a sudden.
The 1st and 2nd one may be bitter but the third and fourth may become the sweetest of all. Won the trade converting it to USD but I learned it should not also be that way. Try making more bitcoin if you are aiming for it or the altcoin that you prefer. You should be getting more of that than how it is converted with USD.
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dimonstration
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October 30, 2019, 05:31:47 AM |
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Nice that you'll be putting time and effort to research first before entering trading that's a good start, if you have knowledge in stock market then it can be easy for you, you just need to study the main crypto you'll invest with and the better exchange. For long term better invest in top coins and for day trading if you have time to watch and read news then go for active developing products of altcoins.
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kolonel_x
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October 30, 2019, 06:06:16 AM |
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In every trade that has good value, whether it is long term or even daily, we know that trading has a high risk, you just need to research it again In the long run you can enjoy greater results but it takes a long time and years, In the daily run you can look for coins or altcoins that have value to the market, and trade with little. If you have the ability or can analyze the market better today, it will benefit daily profits.
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INVALID BBCODE: close of unopened tag in table (1)
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Edraket31
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October 30, 2019, 06:07:56 AM |
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Nice that you'll be putting time and effort to research first before entering trading that's a good start, if you have knowledge in stock market then it can be easy for you, you just need to study the main crypto you'll invest with and the better exchange. For long term better invest in top coins and for day trading if you have time to watch and read news then go for active developing products of altcoins.
That's what we need to be able to trade properly, If we will not do research then don't expect that you will have great return on it. As earning are coming from learning, and no one is earning if you don't do effort in learning. Anyway, for those who will do day and long term trading, always check your time availability, capital, and if you are mentally ready and willing to have some patient. They are both good but still on our hands how we will get profit.
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maydna
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October 30, 2019, 06:37:39 AM |
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Both short term and long term trading will profitable, but that depends on the coin you bought. The daily trading will be different than short term, and long term trading as the daily trading means you are trading daily, and you keep searching the right coin to trade. Daily trading will be difficult to do because you need to have the skills to get the right coin. I think you should try to do short term and long term trading since you still learning about trading. For short term trading, you can choose any coin at the market, but of course, you need to analyze one by one, so you can find the right coin. For long term trading, perhaps, you can choose bitcoin because you will hold it for a long time.
But some altcoin can be profitable in the long term, but that will be difficult to know as the altcoin will always follow bitcoin moves, so I think it is better to select bitcoin for long term trading. Long term trading can be called holding a coin for the long term, and you don't panic if the price is down, but in reality, many traders still panic if the price is down. So be careful
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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October 30, 2019, 07:14:20 AM |
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Don't.
This is not the place to learn trading. To be honest, can't even see how anyone coming in here for the first time and landing on this trading thread can think this is the place to come and learn.
Sharing, looking for opinion and sentiment, yeah. Discussions on Trading aren't very useful here (actually better TA can be found in Speculation).
Take your 5 hours elsewhere, seriously. Just look at the responses to your question and please tell me you agree.
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Wysi
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October 30, 2019, 08:36:52 AM |
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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
Chris, as the word suggest you short term investment is bit risky wherein you need to keep yourself updated s with all the news which will affect the crypto market in positive as well as negative way and then choose a coin to invest and cash out when the value shoots up and buy back when it's low. It's literally like buying at low selling at high which has high risk factor if you kiss right opportunity against long term investment wherein you find a coin which has potential to grow multi fold in few years and invest a huge amount and cashing out after few year which it can give you profit and here you need to wait for right moment.
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maxreish
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October 30, 2019, 01:52:00 PM |
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Since you are a newbie, you can consider long term trading for now. Not until you are ready to go for the higher risk and more complicated learnings, then do some short trades. Short term tradings requires your full attention since you have to check the market and the charts from time to time while in long term trading you can set your goal price and wait it to pump to take profits. Also, always remember to choose which coin you should buy for long term and short term trades. I suggest major coins like btc, eth, bnb for long term and some altcoins for short term trades
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silversurfer1958
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October 30, 2019, 02:10:51 PM |
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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
In my experience, we should not hold long term for the cryptocurrency market. because this is not a safe place for you to deposit your money for businesses. because businesses never publish their financial statements and we don't know what they are doing. So holding long term will be very risky. trading is better because the market volatility is pretty good.
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NathanJB
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October 30, 2019, 02:22:38 PM |
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There is no fix answer to this question. If you are good in day trading, why settle for long term? The most profitable way to earn more crypto apart from directly buying is day trading. But since the risk is high in day trading especially if your trading skills is below good, a lot of people are resorting to long term hodling, including me, although I day trade seldom. If you are not good, the answer would be long term hodling. If you are more than sure of your predictions, day trade is for you.
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AliMan
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2019, 02:26:40 PM |
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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
Both styles of trading can be profitable what you need to do is to find out which one is better for you, if you are willing to take a higher level of risk and you are willing to watch the markets every day for hours then short term trading will be a good option for you, but if you prefer to minimize your risks and you have no problem with holding your coins for months or even years if needed be then long term trading could be a better option for you. Maybe it can be done at the same time, if we're willing to do the rest and face the risk no matter what. Minimizing our risk was difficult to do, while you're maintaining that daily potential profit to at your balance. That's why we need to focus on our goals as we move forward on daily task on trading, and if sometimes you encounter such signs of losing we can divert our coins for long term holding. Having both of these strategies will always be an assurance for us, to obtain a secure future on our important assets.
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crwth
Copper Member
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Online
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October 30, 2019, 02:31:11 PM |
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I don’t understand what you’re here for anymore, being introduced to this forum to market IEO/ICO companies and only turning to the trading discussion board to learn. I hope you elaborate on your story on how you came to this. Anyways, I think most of the part of long term and short term trading has been discussed by others who posted before me here. I want my approach too. Let’s start with Daily Trading Daily Trading: - You trade daily and concerned with ending the day either in profit or in a loss.
- You are called a scalper
- You choose to check multiple charts in which satisfies your condition
- You are at a fast pace, using a fast trading strategy. (SMA Cross, Ping Pong, etc.)
Long term Trading: - You are not concerned with the daily profit or loss, you are looking at the future possibilities
- Not affected too much by emotions of the regular results
- You are a swing trader
- Probably have a reliable strategy that you believe in (Elliot Wave, Fibonacci, etc.)
That’s just my take on when I encounter short and long term trading. I would like to have my strategy that fits my style, and I’m leaning more into the Long Term trading strategy. Where I bet on my skills on plotting, hoping that it’s a winning trade.
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