Long Term VS Daily Trading

[Forbiddenone]

As you are new u should go for long term trading in my opinion as it is much safer route but invest in good coin only. After you become comfortable then go for short trading as it requires patience ,time and decisive approach.

[redsun114]

The decision should be yours to make, you shouldn’t let anyone tell you what to do. If you are interested in trading then you should do that. And as for those that are telling you that there are lots of risks in trading, well, they are saying the truth, there are lots of people who lose money in trading but there are still a few that makes a lot of money from trading and they are still human beings like you, if they can do it you can as well do it.

Long term Hodl/Investment, as they say, is very easy and there isn’t really much work to do in it, you just have to find the right cryptocurrency and invest in it for a long term.

[Wipeout2097]

Both ways of trading need effort and knowledge,But it all depend upon the priorities if you make enough time for trade and having knowledge and confident abut trading go with daily trade.If want to trade as part time then long term is better just need choose valuable coins with great future and sit back to wait best moment where maximize the profit.

Make sure selected different coins because just buying only one coin is risky and buying different coins minimize the risk of loss.

[rijaljun]

As you are new u should go for long term trading in my opinion as it is much safer route but invest in good coin only. After you become comfortable then go for short trading as it requires patience ,time and decisive approach.

I don't think someone will be ready for daytrading if they only do a long-term trading. I mean, he may know the basic trading but will still need lot of experience and knowledge to be able to make profit in daytrading as everything is very confusing and time consuming.

[Triffin]

As you are new u should go for long term trading in my opinion as it is much safer route but invest in good coin only. After you become comfortable then go for short trading as it requires patience ,time and decisive approach.

Right, for all new traders it is good to trade for long term because I’m long term trader and I know how reliable it is for me. In trading, when you are new you can not make sudden good decision but you will have to make right decision that's why Better make long term trading and you will not get frustrated by market change as well.

[Subbir]

Right, for all new traders it is good to trade for long term because I’m long term trader and I know how reliable it is for me. In trading, when you are new you can not make sudden good decision but you will have to make right decision that's why Better make long term trading and you will not get frustrated by market change as well.

Day trader can be very good especially profited shortly the very opposite is the problem As it is, if you buy a token or coin you will see that the price has gone up and when you sell, the price will rise in the next few hours One of the biggest adverse conditions is controlling yourself.

[FLoving]

 Long term has the ability of "ease of mind" where you don't basically work for your money, you don't worry about what to do and how to do it and if there is a better way to do it or what you should research or if any new news could change the new thing you do etc etc etc. Day trading have the "possibility" of making more money, now don't get me wrong its not possible to make more money most of the time but at least it has that ability.

 So I prefer long term much better, its just easier for me and I don't have to do anything at all, just buy bitcoin and thats it, there is literally no step 2 in this process just step 1 where you buy bitcoin, I may end up not selling until I actually retire but I have a secret hope that maybe I won't even cash out than and just leave all my coins to my kids? That could be really awesome and could change their lives so much as well.

Long term is very risky too, we dont know till when do we need to wait till the coin we are holding is still existing in the market, sometimes we just need to sell the coin we are holding if we feel that their support is no longer functioning and there are no updates for the progress of their project. We need to monitor it on order for us not to left behind if we want to long term hold.

If you are talking about those coins which are not the top coins in the trade volume ranking or in marketcap then you are right anything can be the future of that coin while in case of bitcoin and other high potential coins which have a huge community or a solid business then long term trade is not an issue but in that investment it is sure in all ways that in the end we will get our profit. One more thing to be remembered that the expert traders always suggest to hold for longer only for those coins which have a high potential and are suggesting for bitcoin and ethereum etc.

[iram3130]

The time is not right for long term traders as most of the alts are not having any support and with BTC fluctuations, its harder than ever to keep holding an alt. To do short term trading, you need allot of time and patience and should be attentive towards all the news thats come on to social media.

[alan2here]

The decision should be yours to make, you shouldn’t let anyone tell you what to do. If you are interested in trading then you should do that. And as for those that are telling you that there are lots of risks in trading, well, they are saying the truth, there are lots of people who lose money in trading but there are still a few that makes a lot of money from trading and they are still human beings like you, if they can do it you can as well do it.

Long term Hodl/Investment, as they say, is very easy and there isn’t really much work to do in it, you just have to find the right cryptocurrency and invest in it for a long term.

Agree. You need to decide on everything and to do this you need to have good knowledge related to the market. Most new investors will tend to choose more long-term investments because this is the simplest way to make a profit. However, it is not always profitable because the crypto market is very volatile and often turns red very quickly.

I have been staying in this market for a long time but my trading and investment experience is still very bad so I will still try to improve myself to be able to earn stable profits in the near future.

[Alice Nuttal]

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

Well, according to your description, I think long-term trading would fit you the best. You can simply buy some coins from exchanges that allow doing it via debit/credit cards or wires (like CEX.IO, Coinbase or Kraken). And hold them for a while. When holding, you can freely research specifics of the crypto world, trading, investments. etc.

[Karmakid]

The decision should be yours to make, you shouldn’t let anyone tell you what to do. If you are interested in trading then you should do that. And as for those that are telling you that there are lots of risks in trading, well, they are saying the truth, there are lots of people who lose money in trading but there are still a few that makes a lot of money from trading and they are still human beings like you, if they can do it you can as well do it.

Long term Hodl/Investment, as they say, is very easy and there isn’t really much work to do in it, you just have to find the right cryptocurrency and invest in it for a long term.

Agree. You need to decide on everything and to do this you need to have good knowledge related to the market. Most new investors will tend to choose more long-term investments because this is the simplest way to make a profit. However, it is not always profitable because the crypto market is very volatile and often turns red very quickly.

I have been staying in this market for a long time but my trading and investment experience is still very bad so I will still try to improve myself to be able to earn stable profits in the near future.

Then there is something wrong with your strategy of investing and trading. If your result is still bad then look at your past performances and check the strategies that you used so you can see if which is not working and that is how you can change your results. If you look at your mistakes and change it for the better then your experience will be now turned into a good one.

[BitcoinHunt3r]

The decision should be yours to make, you shouldn’t let anyone tell you what to do. If you are interested in trading then you should do that. And as for those that are telling you that there are lots of risks in trading, well, they are saying the truth, there are lots of people who lose money in trading but there are still a few that makes a lot of money from trading and they are still human beings like you, if they can do it you can as well do it.

Long term Hodl/Investment, as they say, is very easy and there isn’t really much work to do in it, you just have to find the right cryptocurrency and invest in it for a long term.

Agree. You need to decide on everything and to do this you need to have good knowledge related to the market. Most new investors will tend to choose more long-term investments because this is the simplest way to make a profit. However, it is not always profitable because the crypto market is very volatile and often turns red very quickly.

I have been staying in this market for a long time but my trading and investment experience is still very bad so I will still try to improve myself to be able to earn stable profits in the near future.

Then there is something wrong with your strategy of investing and trading. If your result is still bad then look at your past performances and check the strategies that you used so you can see if which is not working and that is how you can change your results. If you look at your mistakes and change it for the better then your experience will be now turned into a good one.

Yes, in trading maybe strategy of each person is different. Good for us maybe not good for the others. That is why each people really need to find strategy that suit for them. Like what you all said, maybe this maybe that and OP can try all our suggestion here and if he really like, he can use the strategy that he think really fit with him.

[Omega Weapon]

 Long term has the ability of "ease of mind" where you don't basically work for your money, you don't worry about what to do and how to do it and if there is a better way to do it or what you should research or if any new news could change the new thing you do etc etc etc. Day trading have the "possibility" of making more money, now don't get me wrong its not possible to make more money most of the time but at least it has that ability.

 So I prefer long term much better, its just easier for me and I don't have to do anything at all, just buy bitcoin and thats it, there is literally no step 2 in this process just step 1 where you buy bitcoin, I may end up not selling until I actually retire but I have a secret hope that maybe I won't even cash out than and just leave all my coins to my kids? That could be really awesome and could change their lives so much as well.

Even if you say there is no step 2 you recognize there is and that is knowing when to sell, right now the price of bitcoin is going up nicely, most likely many people are going to excited and try to see if this is the beginning of a larger trend so the question is should you keep your coins or sell? If you are a long term holder then you will keep holding but what if the price was 50k or 100k? Will you keep holding? My point is that your strategy seems to be incomplete since at some point you will need to sell some bitcoin and you better do it when it is at its highest point.

[huige007]

The decision should be yours to make, you shouldn’t let anyone tell you what to do. If you are interested in trading then you should do that. And as for those that are telling you that there are lots of risks in trading, well, they are saying the truth, there are lots of people who lose money in trading but there are still a few that makes a lot of money from trading and they are still human beings like you, if they can do it you can as well do it.

Long term Hodl/Investment, as they say, is very easy and there isn’t really much work to do in it, you just have to find the right cryptocurrency and invest in it for a long term.

Agree. You need to decide on everything and to do this you need to have good knowledge related to the market. Most new investors will tend to choose more long-term investments because this is the simplest way to make a profit. However, it is not always profitable because the crypto market is very volatile and often turns red very quickly.

I have been staying in this market for a long time but my trading and investment experience is still very bad so I will still try to improve myself to be able to earn stable profits in the near future.

Then there is something wrong with your strategy of investing and trading. If your result is still bad then look at your past performances and check the strategies that you used so you can see if which is not working and that is how you can change your results. If you look at your mistakes and change it for the better then your experience will be now turned into a good one.

Yes, in trading maybe strategy of each person is different. Good for us maybe not good for the others. That is why each people really need to find strategy that suit for them. Like what you all said, maybe this maybe that and OP can try all our suggestion here and if he really like, he can use the strategy that he think really fit with him.

Both long term and daily trading could be beneficial .This is dependent upon the nature of the trader as well as t5he kind of experience that the person is having in this field. Trading is all about experience as well as the knowledge about this profession. This is not the case all the time that you will win.  Loss could be on your profit so you need to be ready all the time.

[codegnome]

Both long term and daily trading could be beneficial .This is dependent upon the nature of the trader as well as t5he kind of experience that the person is having in this field. Trading is all about experience as well as the knowledge about this profession. This is not the case all the time that you will win.  Loss could be on your profit so you need to be ready all the time.

In my opinion, there is a very big difference. To make a profit from daytrading, you need to have a lot of knowledge and the greatest experience. When it comes to long-term investments, it's enough for someone to tell you one good shot. After buying, just wait and decide when to sell. I agree that both options can be profitable, but the experience must be quite different.

[Omega Weapon]

Both long term and daily trading could be beneficial .This is dependent upon the nature of the trader as well as t5he kind of experience that the person is having in this field. Trading is all about experience as well as the knowledge about this profession. This is not the case all the time that you will win.  Loss could be on your profit so you need to be ready all the time.

In my opinion, there is a very big difference. To make a profit from daytrading, you need to have a lot of knowledge and the greatest experience. When it comes to long-term investments, it's enough for someone to tell you one good shot. After buying, just wait and decide when to sell. I agree that both options can be profitable, but the experience must be quite different.

The necessary requirements to become successful as a day trader or as a long term trader are completely different, one of the most important characteristics of a long term trader is that he needs to be very patient because it can take months for him to obtain any profits and you need to think very carefully about each movement that you make otherwise you're going to lose money, but when it comes to day trading the most important characteristic is your ability to think fast and being able to take decisions in a matter of seconds.

[Shasha80]

I am not much of a fan of long term trading in crypto. See, if you're going for profit in cryptos with least risk possible, swing trades are the best option where you trade till one short term wave ends. In long term, your investment will go through many manipulation and uncertainty which isn't really healthy in case of cryptos. Also, earning greater percentage isn't that tough in case of crypto, so I don't really see a use of long term trade in crypros.

I also agree with you that long term trading is indeed less profitable compared to swing trade or daily trade. Because of the long term trading
had to go through a variety of market manipulations carried out by whales, honestly this looks unhealthy to do. Especially long term trades
the profit generated will not be as many as daily trades that can generate profits almost every day. This is the reason why I don't choose long term
trading to use.

[huige007]

I am not much of a fan of long term trading in crypto. See, if you're going for profit in cryptos with least risk possible, swing trades are the best option where you trade till one short term wave ends. In long term, your investment will go through many manipulation and uncertainty which isn't really healthy in case of cryptos. Also, earning greater percentage isn't that tough in case of crypto, so I don't really see a use of long term trade in crypros.

I also agree with you that long term trading is indeed less profitable compared to swing trade or daily trade. Because of the long term trading
had to go through a variety of market manipulations carried out by whales, honestly this looks unhealthy to do. Especially long term trades
the profit generated will not be as many as daily trades that can generate profits almost every day. This is the reason why I don't choose long term
trading to use.

I also prefer short term trading for those who are actually not much experienced. Long term trading is not easy at all. You have to keep an eye on all the events regarding fluctuations in the price of the currency that you are currently investing into. Short term trading is not a way to earn big profits but yet it could serve as a source of earning money in a little time.

[Triffin]

I am not much of a fan of long term trading in crypto. See, if you're going for profit in cryptos with least risk possible, swing trades are the best option where you trade till one short term wave ends. In long term, your investment will go through many manipulation and uncertainty which isn't really healthy in case of cryptos. Also, earning greater percentage isn't that tough in case of crypto, so I don't really see a use of long term trade in crypros.

I also agree with you that long term trading is indeed less profitable compared to swing trade or daily trade. Because of the long term trading
had to go through a variety of market manipulations carried out by whales, honestly this looks unhealthy to do. Especially long term trades
the profit generated will not be as many as daily trades that can generate profits almost every day. This is the reason why I don't choose long term
trading to use.

I know it’s low profit but its safe to trade for long term and you will lose almost nothing in case of any bad circumstance as you can hold and wait in red market then again trade at green. Daily trading has more profit but it needs expert trading skills and miner mistake will make you meet with lose. That’s why be safe and use long term trading its special advise for newbie.

[luckyflop]

I am not much of a fan of long term trading in crypto. See, if you're going for profit in cryptos with least risk possible, swing trades are the best option where you trade till one short term wave ends. In long term, your investment will go through many manipulation and uncertainty which isn't really healthy in case of cryptos. Also, earning greater percentage isn't that tough in case of crypto, so I don't really see a use of long term trade in crypros.

I also agree with you that long term trading is indeed less profitable compared to swing trade or daily trade. Because of the long term trading
had to go through a variety of market manipulations carried out by whales, honestly this looks unhealthy to do. Especially long term trades
the profit generated will not be as many as daily trades that can generate profits almost every day. This is the reason why I don't choose long term
trading to use.

But long-term trading will help make it less secure for less experienced investors. They may take longer to get profit, but they will not suffer a loss. Trading daily is very difficult for newbie and inexperienced people. They may lose money every day and it can make them hasty and continue to make the wrong investment decisions in the next days. I personally have seen a lot of people fail with trading daily and they turn to long-term hold