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Author Topic: Long Term VS Daily Trading  (Read 3870 times)
Omega Weapon
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December 17, 2019, 12:32:35 AM
 #201

actually trading last year and now is very different. if you know about trading before 2017 it will be safe if it is better to choose the long term or as a holder. but for now, I personally choose the short term when there is an opportunity to take a profit. considering it is rather difficult to get a profit with a percentage that is far away. then prepare your capital when the is price go down

It depends on the kind of trader that you are, if you are a day trader then the overall market conditions do not really matter that much, your profits will be very similar regardless of the market conditions, but if you are a swing trader then the conditions of the market affect you greatly because if the price of bitcoin does not go up at least for a few days then it is going to be impossible for you to obtain profits, and the ones that are affected the most are those that are long term traders or investors because they are the ones that hold their coins the longest.
It is really depends on the trader, you cannot say that day trade is more good than long term trader or vice versa. For those have full time job, for them long term investment is good for them because they do not need to monitor always the price of the coin because of their schedule. I'm a day trader but still I do not say that it is more good than long term trade because we have different kind of mindset, strategies and personalities.
I never said that one style of trading is better than the other it is up to each person to decide which style fits them better, you say that you are a day trader, good for you, but I don't like to day trade I do not like the idea of being in front of the screen all day just to see if I can make some money, I prefer to be a long term trader but that is what it works for me and it is not going to be the same for everyone, as long as you can obtain consistent profits then whatever method that you choose to trade is fine.
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December 17, 2019, 03:09:53 AM
 #202

actually trading last year and now is very different. if you know about trading before 2017 it will be safe if it is better to choose the long term or as a holder. but for now, I personally choose the short term when there is an opportunity to take a profit. considering it is rather difficult to get a profit with a percentage that is far away. then prepare your capital when the is price go down

It depends on the kind of trader that you are, if you are a day trader then the overall market conditions do not really matter that much, your profits will be very similar regardless of the market conditions, but if you are a swing trader then the conditions of the market affect you greatly because if the price of bitcoin does not go up at least for a few days then it is going to be impossible for you to obtain profits, and the ones that are affected the most are those that are long term traders or investors because they are the ones that hold their coins the longest.
It is really depends on the trader, you cannot say that day trade is more good than long term trader or vice versa. For those have full time job, for them long term investment is good for them because they do not need to monitor always the price of the coin because of their schedule. I'm a day trader but still I do not say that it is more good than long term trade because we have different kind of mindset, strategies and personalities.
I never said that one style of trading is better than the other it is up to each person to decide which style fits them better, you say that you are a day trader, good for you, but I don't like to day trade I do not like the idea of being in front of the screen all day just to see if I can make some money, I prefer to be a long term trader but that is what it works for me and it is not going to be the same for everyone, as long as you can obtain consistent profits then whatever method that you choose to trade is fine.
The topic is subjective after all, there are people who are good in day trading and there are people who are good in long term trading. A trader should choose between the two; in where they will make more profit. Like what you said, you are good in long term trading and it because your skills are suitable to it. If we will push a day trader to trade long term of course they will lose money because the strategy is not good to for them.
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December 17, 2019, 08:51:58 AM
 #203

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
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December 17, 2019, 09:04:06 AM
 #204

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

This is the first time I heard about long-term trading as trading word always refers to short term in my opinion. If you mention about I think the word "Hold" makes more sense. Investment , especially in crypto market is extremely risky because of its low liquidity, therefore, I usually choose good project I think to hold for a long-term. In addition, I do believe that holding is more profitable than trading. 
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December 17, 2019, 12:22:59 PM
 #205

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
If you are still a fan of trading but you are too stressed out from daily trading then you should try other form of trading such as a position trader. There is a lot of type of trading and we should not stick to one style of trading since we cannot make a custom style of trading that will fit in our criteria and also to our schedule in our daily life.
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December 17, 2019, 12:37:20 PM
 #206

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.

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December 17, 2019, 01:41:34 PM
 #207

Long term trading is basically buying an asset holding it, for me its not really trading but an investment, its really up to you when to cash out. In here we call those type of people HODLERS.
Short term is immediately selling once you've gained profit or put necessary stop loss once the price dump. Day traders are usually like that they speculate the market with TA then immediately buys or sell depending, if there's a big move coming either to the downside or upside.

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The-Devil
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December 19, 2019, 08:46:47 AM
 #208

I think Daily Trading is more convenient. Because trading daily can make some profit. But if trading long term, you will have to wait a long time to make a profit. So Daily Trading is much better than waiting. I do some trading every day. And trading daily will increase the experience. But Trading too many times a day can cause a lot of losing money. So you have to be careful trading daily.

Thank you

@PrimeNumber7 is an alt account of @Quickseller

Here is the proof: https://bitcointalk.org/index.php?topic=5215097.msg53538429#msg53538429
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December 19, 2019, 07:05:46 PM
 #209

I think Daily Trading is more convenient. Because trading daily can make some profit. But if trading long term, you will have to wait a long time to make a profit. So Daily Trading is much better than waiting. I do some trading every day. And trading daily will increase the experience. But Trading too many times a day can cause a lot of losing money. So you have to be careful trading daily.

Thank you
I think it is much better to wait for your profit than Having no profit but only lose as day trading is having so much risk so we will have to face the risk and it needs so much knowledge as well. So I prefer long term trading because i am new and don’t have enough knowledge at the same time I am having regular job and day trading needs whole day internet connection that I cannot afford so I simple trade for long term.

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December 20, 2019, 03:42:59 PM
 #210

I think Daily Trading is more convenient. Because trading daily can make some profit. But if trading long term, you will have to wait a long time to make a profit. So Daily Trading is much better than waiting. I do some trading every day. And trading daily will increase the experience. But Trading too many times a day can cause a lot of losing money. So you have to be careful trading daily.

Thank you
if capital and strategy can be connected to each other consistently, 5% daily target can be easily achieved manually, but daily trading also erodes a lot of emotion if the price drops unexpectedly.

anxiety will double because it only focuses on hourly charts and even lower. the advantage of having direct experience as you wrote is very true, I personally can also communicate directly with fellow traders to determine what can be done next.
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December 20, 2019, 04:03:47 PM
 #211

I think Daily Trading is more convenient. Because trading daily can make some profit. But if trading long term, you will have to wait a long time to make a profit. So Daily Trading is much better than waiting. I do some trading every day. And trading daily will increase the experience. But Trading too many times a day can cause a lot of losing money. So you have to be careful trading daily.

Thank you

During the time that the ICO and IEO has been not so much successful, many investors were tired of investing anymore, so most of them quit cryptocurrency, rested and some begun to do day trading and for them this is much safer, as you are the one controlling your fund and you are not relying with other people.

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December 20, 2019, 04:54:51 PM
 #212

I think Daily Trading is more convenient. Because trading daily can make some profit. But if trading long term, you will have to wait a long time to make a profit. So Daily Trading is much better than waiting. I do some trading every day. And trading daily will increase the experience. But Trading too many times a day can cause a lot of losing money. So you have to be careful trading daily.

Thank you

During the time that the ICO and IEO has been not so much successful, many investors were tired of investing anymore, so most of them quit cryptocurrency, rested and some begun to do day trading and for them this is much safer, as you are the one controlling your fund and you are not relying with other people.
Day trading actually look simple, but need skill and good analysis and maybe a lot of practice to do it with good. Because behind of that profit, people who do daily trading must look the coin, decide in what price to buy and anything else to make them pick profitable coin. And for some people, it is hard to do. I think daily or long term as long you really good at it, both can be very profitable.

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December 20, 2019, 05:02:52 PM
 #213

I think Daily Trading is more convenient. Because trading daily can make some profit. But if trading long term, you will have to wait a long time to make a profit. So Daily Trading is much better than waiting. I do some trading every day. And trading daily will increase the experience. But Trading too many times a day can cause a lot of losing money. So you have to be careful trading daily.

Thank you

During the time that the ICO and IEO has been not so much successful, many investors were tired of investing anymore, so most of them quit cryptocurrency, rested and some begun to do day trading and for them this is much safer, as you are the one controlling your fund and you are not relying with other people.
I agree, i myself rest for a year and do swing and day trading since its much profitable and you can earn profit within the day without waiting for a long time.

And ICO and IEO are not really good for making a profit since the value is less than when you boughit after it get listed and need to wait for a long time just to sell it when it hits more than campaign price.
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December 20, 2019, 05:57:53 PM
 #214

I can't deny that everyday trading feels like we're playing with fire, it can make us burn anytime but you should know that this fire is still under our control, it cannot burn too loud, every time it has special fluctuations, we can still come up with reasonable solutions, without causing too much damage. While long-term investment does not bring the feeling of playing with fire but this fire is just hiding, if it continually broadens its scope of activity and accumulation, when the burning happens, all will become ashes

Even trading in stock market, buying and selling of cars, properties, they are all need required take risk, no assurance at all, so we can't really say that we can earn from them, unless we tried it right. Trading is not that easy, as you need to become expert or familiarize trading so you will know the thinking or the mindset of some traders, so a lot of experience will be really needed.
Right knowledge and correct path to partake are very important before we take the actual risk investing out our money and time. There's no assurance but it will lessen your chance to lose your investment if you know what pattern to follow and what skills to use in order to find your advantages. Everything is about how will you deal and how will you exceed to your limitations in order to gain success.
We know that there are many traders who always get profit in any place they invest and do trade, the reason is that they spend time with those assets in which they invest and they know all the factors of getting profit from that assets. That type of trade we have to start. If we will spend time with crypto coins and will invest in those coins about which we will know from the start and each and every aspect of that coins then we will not lose.
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December 21, 2019, 02:47:42 AM
 #215

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
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December 21, 2019, 03:11:26 AM
 #216

Short term trading required much information and data to make the right decision and strict rules to gain profit or cut loss, it can be more profitable than long-term. However, due to numerous factors affect the market and intense competition among traders, the right time is crucial. On the other side, long-term trading is less-risk and pretty good to earn profits, just buy bitcoin and some famous altcoins, wait a month or two, then cash out when you feel the price hit the peak or it will drop soon.
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December 21, 2019, 06:34:28 PM
 #217

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

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Blackdeath
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December 21, 2019, 08:57:56 PM
 #218

Short term trading required much information and data to make the right decision and strict rules to gain profit or cut loss, it can be more profitable than long-term. However, due to numerous factors affect the market and intense competition among traders, the right time is crucial. On the other side, long-term trading is less-risk and pretty good to earn profits, just buy bitcoin and some famous altcoins, wait a month or two, then cash out when you feel the price hit the peak or it will drop soon.
Indeed. Short term trading requires experienced and right decision making than long term trading, that is why long term trading will be a good choice because it is less risk and i don't need to put a lot of time and pressure to myself. Even long term trading will be slower for me to earn profit, it will still be safe if i just hodl it until it is the right time to sell it.



BIG WINNER!
[15.00000000 BTC]


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Rainbot
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December 22, 2019, 04:26:11 AM
 #219

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.
Kambal2000
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December 22, 2019, 04:47:53 PM
 #220

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.
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