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puertorikosena
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January 08, 2020, 05:39:51 PM |
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I think that you first need to practice trading small amounts of money in order to understand how the market works and get minimal experience. Then you yourself will understand what type of trading suits you best. Good luck in acquiring knowledge and experience.
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Karmakid
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January 09, 2020, 12:15:25 PM |
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Daily trade vs long trade are both profitable but either of them are not for everyone. It really depends on the schedule of a person and how much risk is he willing to take. Daily trading are for people who have a lot of time to spare in front of their screen while long trade are for people who have limited time and also looking for a moderate to low type of risk to take.
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the rise
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January 09, 2020, 03:12:31 PM |
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Daily trade vs long trade are both profitable but either of them are not for everyone. It really depends on the schedule of a person and how much risk is he willing to take. Daily trading are for people who have a lot of time to spare in front of their screen while long trade are for people who have limited time and also looking for a moderate to low type of risk to take.
many long-term traders are very active, they use a ladder system with dozens of large and small orders, so the point of profit is calculated in detail, usually they only focus on five coins including bitcoin, although they remain prospective on a monthly chart but still pay attention to daily profits for some their portfolio, the difference is that they are not affected by hourly fluctuations. |
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Shimmiry
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★Bitvest.io★ Play Plinko or Invest!
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January 09, 2020, 03:40:26 PM |
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I think that you first need to practice trading small amounts of money in order to understand how the market works and get minimal experience. Then you yourself will understand what type of trading suits you best. Good luck in acquiring knowledge and experience.
Practicing as a start in trading isn't a good thing. What he needs is to further study first. But the question here is, which is better among daily trading and long term trading. IN WHICH, Daily trading is ofcourse doing it everyday, but the long term i suppose is that he bought for a coin's low price and holds it then sells it when it pumps. It all depends on his schedule. You cannot trade daily if you have work, as it would negatively affect it. And you must also not long trade, if you don't have any work at all. |
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Visbay
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January 10, 2020, 05:10:34 PM |
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Short term can bring bigger profits but require more time trade, which is kind of logical. Long term you need to take fewer actions which makes it perfect for people who don't want to spend a lot of time on it but eventually it will make less money. Short trading you have lower gains but you considerably increase the volume of your trading which can bring some serious loyalty program perks if you are doing good. Also you are less prone to back luck as you are usually way more diversified between various positions on different markets.
You are right short term trading is good but for making money using day trading you must have perfection in your trading so if you are new better choose long term trading as it’s a safe and easy way to trade. I am not that perfect trader so I like to trade long term and keep waiting until I get the right time for it, it gives slow but huge profit with low risk and in day trading you will gain low profit in short term but with high risk. |
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novaprime
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UniDApp - it's DeFi time!
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January 13, 2020, 09:32:01 AM |
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Daily trade vs long trade are both profitable but either of them are not for everyone. It really depends on the schedule of a person and how much risk is he willing to take. Daily trading are for people who have a lot of time to spare in front of their screen while long trade are for people who have limited time and also looking for a moderate to low type of risk to take.
In one way or another, profits need to be guaranteed when entering this market. I think day trading will have more advantages because you will have more time to analyze and if you have a reasonable investment strategy, you will easily make a profit. However, not every day is favorable and there will certainly be a time when you will encounter many difficulties affecting your psychology. Personally, I am very busy but also spend a lot of time trading because this year the market will tend to increase more and will help you a lot in trading. |
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Wipeout2097
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January 13, 2020, 05:40:36 PM |
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Its all about the priorities of individuals daily routine,If you afford your bills till get profit from the trading and looking for full time time trading then day trading is suitable option.
If you love your job and dont want to skip your job then go with the long term trading and as a part time income,I think long term is always profitable you dont rush to the price just put trade and set SL option and wit till reach the target.
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fravia
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January 15, 2020, 09:19:06 PM |
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It depends largely on your knowledge, ability and ability. I suggest that you study the market well as the analytical skills necessary to become a trader. Next, you're going to hodge. If your concentration can be guided, this one is for you. But if you're a little impatient, try daily trading, so you'll immediately see your earnings. Seeing your profit, no matter how low it may be, will motivate you in this industry somehow and give you a confirmation that you really are for this. There is no loss in trying anyway. Remember: experience is the best teacher, and the wisdom you acquire from practise is already a priceless benefit in itself, even if you lose in trading.
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Savemore
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January 16, 2020, 07:28:56 AM |
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It depends largely on your knowledge, ability and ability. I suggest that you study the market well as the analytical skills necessary to become a trader. Next, you're going to hodge. If your concentration can be guided, this one is for you. But if you're a little impatient, try daily trading, so you'll immediately see your earnings. Seeing your profit, no matter how low it may be, will motivate you in this industry somehow and give you a confirmation that you really are for this. There is no loss in trying anyway. Remember: experience is the best teacher, and the wisdom you acquire from practise is already a priceless benefit in itself, even if you lose in trading.
The trading style is depends on what we used to learn. The most important thing that we should always remember is we should use the trading strategy that can help us to earn profit. If the long term is more better fof you then you should use it and ignore the short term trading. But if your a type of trader who doesn't have high patience then short term trade is for you. |
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gabbie2010
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January 16, 2020, 09:37:06 AM |
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I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
There is no better deal. The important thing is whether it is right for you. There are many people who like daily trade because they want to enjoy the feeling of quick winning. There are many people who prefer to buy and hold in the long term, because they want to save time and have big profits in the future. Find out what you like and find out just about that type of transaction, which is the fastest way to learn and make money. The easier between the daily and long trade is the latter as a newbie the former requires a lot of expertise to make profit consistently just as you rightly said buy and hodl for a long term perspective is equally profitable however day trading would earn a trader profit on daily basis but embarking on such a trading journey is very risky due to high volatility of cryptocurrencies Honestly I would advice the OP to buy and hodl while learning through the rudiments of daily trading using a stimulator as an aid. |
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cofinder
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January 29, 2020, 03:22:34 PM |
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It depends not only on your skills but on the chosen coin pair and the availability of your free time. Obviously, day trading requires you to spend more time on it. As for the chosen trading pair, things get more complicated here. Since you are a newbie I can recommend you to observe the situation on the market using info bots. This one is good – https://t.me/CexIoInfoBot. After you understand which coins do you want to obtain, you’ll be able to work on developing a trading strategy. |
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