Sadlife
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March 18, 2020, 04:40:55 AM |
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Honestly im also a long term trader and kind of a swing trader. Tried Day trading before and i can actually say that it's extremely difficult you need experience and knowledge to able to predict when to short and long position. I sometimes buy at a price then it dumps after. Sometimes i sell prematurely. That's why i've given up and decided to be a hodler with the little amount i have left.
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maydna
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March 18, 2020, 05:54:38 AM |
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I will choose long term investment and daily trading, although, for daily trading, I will take a look at the market first before I trade because the market can move without I realize, so I need to analyze deeper before the trade. If the market is not moving fast, I think swing trading will not work because we will feel difficult to buy and sell at the right time and the right price. We need to chase the price which is not recommended, especially if we cannot analyze the market moves.
All in all that will also depend on the coin at the market because we still need to check which coin that can be potential to moves so we can buy the coin before the coin increase later.
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coinfinger
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March 21, 2020, 04:15:04 PM |
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I’m mainly into swing trading and long term trading, I don’t make use of one exchange, I separate them and use them for different purpose. As for day trading, I see it as a stress because I have got a lot of things I do; I work in an office and when I get back home there are still much things to do, so I don’t get that kind of time and moreover there are lots of risk involved in it.
I have seen people who claim that they do nothing else apart from day trading cryptocurrency, seriously I don’t know how these people are surviving and I don’t know if they are saying the truth or not, but in my experience day trading is not profitable compared to short term holding based trading and long term holding.
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xZork
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March 21, 2020, 06:20:54 PM |
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I agree that most people on the forum are long-term holders or at least Swing traders. Daily transactions are difficult and it requires a great deal of knowledge and skills. I think that everyone on the cryptocurrency forum should choose the method that best suits them, without taking too many types of transactions.
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palle11
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March 21, 2020, 08:15:13 PM |
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I trade with a short time plan so the best is to become a day trader. My strategy would not allow me to watch my labour to pick some good money go away, I just would not wait or have such time to waste. So it is according to our trading knowledge that will determine for us. My suggestion is to do what will best give out your gain and not to try going outside it. Outside our plan is going to be losses.
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princerepon
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March 23, 2020, 10:36:49 PM |
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[snip]
But i think maximum people love to swing trading than day and long term trading. I agree with you, day trade is too much risky than other method. That's why i always recommend people to choose long term trade. But it's also a tough decision cause at the end it's all about patience. That's why i love swing trade. Not risk too much or not wait for long time. But i also love long term trade cause sometimes it's give you huge profit if you find proper project.
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CHENIEN
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Decentralized Ascending Auctions on Blockchain
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March 24, 2020, 12:42:21 AM |
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I don't see any conflicts between these three options of trading which is depending on your ability on what volume of trading strategies were perfect for you, I mean its suitable to be own or grab because of the crisis that has happened in the world, basically the volatility pair is expected, and actually, it is a great benefit to all investors, whether we like it or not on this type of trading competition its good to be try.
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Negotiation
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March 24, 2020, 08:19:45 AM |
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Trade will depend entirely on who will trade Because the trade he is more proficient at is the best However I think in the long term trade, it is better to trade daily than swing trading. Risk is high in swing trading. And in day-to-day trading you can beautifully analyze the market And you can earn some money every day There is no such advantage in swing trading.
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KnightElite
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March 24, 2020, 12:02:32 PM |
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The higher the leverage the higher the risks and that is why my maximum leverage is 2x because the risks are very high. I'm a swing trader and a scalper where I trade for short term to medium term. I'm not a person who keep holding crypto because it is not my forte. The strategy that we should use is the one that should fit in our skills and knowledge. If you are good with the swing trading then give more focus on it than in long term or daily trading.
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cryptothreads
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March 28, 2020, 01:51:10 AM |
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I agree that most people on the forum are long-term holders or at least Swing traders. Daily transactions are difficult and it requires a great deal of knowledge and skills. I think that everyone on the cryptocurrency forum should choose the method that best suits them, without taking too many types of transactions.
Daily trading will definitely be a lot harder because to succeed, you will surely have to go through many stages to become a good trader and have failed many times. I have tried to trade day but really can not do because the market is constantly volatile. Now things are different and I only make a profit when the market starts to rise because it's a good time.
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Farma
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March 28, 2020, 03:31:43 AM |
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of those three things, I think I'm a long-term holder. Well, I have been waiting for the halving moment since 2019, so I think I have only been trying to accumulate assets since that. however, I don't really know how to use coins in the short term, I think it's very difficult. besides that, I also think that focusing on one thing will be better than doing many things but it's difficult to control the results.
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Polar91
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March 28, 2020, 03:57:34 AM |
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Most people on this forum are long term holders (correct me if I am wrong). I wouldn't recommend anyone intro long term investing to try to place trades, or if you do learn how to do it, study the vocabulary, learn how to understand charts.
Most of people here are long term holders because they believe in the capacity of cryptocurrency and we can't deny that if we'll take a look at the chart of top cryptocurrencies including Bitcoin. Every people here in crypto world has their own bias. Nothing is sure thus any reccommendation can work but it can also don't work. I myself is a long term investor and daily trader at the same time. I manage to handle it very well and I survived for my almost four years in crypto.
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Yatsan
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March 28, 2020, 08:34:54 AM |
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Most people on this forum are long term holders (correct me if I am wrong). I wouldn't recommend anyone intro long term investing to try to place trades, or if you do learn how to do it, study the vocabulary, learn how to understand charts.
Most of people here are long term holders because they believe in the capacity of cryptocurrency and we can't deny that if we'll take a look at the chart of top cryptocurrencies including Bitcoin. Every people here in crypto world has their own bias. Nothing is sure thus any reccommendation can work but it can also don't work. I myself is a long term investor and daily trader at the same time. I manage to handle it very well and I survived for my almost four years in crypto. Both are good as long as you have time to manage that. There's a reason why most of us here are long term trader: - We believe on crypto and it's continuous growth over the year
- You have no time to do day trading
- You are both day trader and long time trader
Personally, I am a seasonal day trader considering that, sometimes I have a lot of things to do or I am just busy on my everyday life. I just do day trading whenever have time. And yes! I am a long term trader too. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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old fart
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Bitcoin is the future
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March 29, 2020, 07:19:43 PM |
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I suck at trading, I'm a very emotional person, my emotions get high when studying the charts and watching market movements, this is why I choose to hodl good coins going long term.
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dunfida
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March 29, 2020, 08:56:23 PM |
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Im doing 2 out of 3 on the trading ways that you do have mentioned which is swing and long term one.I cant handle out the risk when it comes to day/active trade. Im bit agree on the thing you do say that majority is hodlers but for sure there are lots who do engage with active ones yet we know that seeing profits on short duration is much more better than holding if we do try to compute specially when we do make profits in most of the time.Actually a certain trader or investor would just stick out on things that do works for him because not all do have the same skills when it comes to trade thats why some will end up on hodling because they arent that confident enough if they do deal actively on moving prices.
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Akoldi_ibk
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March 29, 2020, 09:07:25 PM |
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I love how you breakdown the three terms; none is a easy task. The risk level also differs. The three has their respective advantage and disadvantage and the best approach is to stick with the one that works best for individual. I won't near anything trading ever, not until I learn how not to be emotional. Long term investment is good for me.
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Brandonkimm
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March 30, 2020, 10:57:20 PM |
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I am not good at swing trading and daily trading because for me it is a little more difficult because I have to keep an eye on the market every time I am honest because I can't do it. I better choose a long-term investment and wait years to get a big profit, now at the right time we can buy as much as we can and then hold it in the next 1-2 years I am sure this will be the best way for me to long time.
since you've mentioned long term investment and hodl for several years, then you must take at look at ilcoin. great time to buy as of now with very good long term potential.
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Synaesthesia
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March 31, 2020, 01:26:57 AM |
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of those three things, I think I'm a long-term holder. Well, I have been waiting for the halving moment since 2019, so I think I have only been trying to accumulate assets since that. however, I don't really know how to use coins in the short term, I think it's very difficult. besides that, I also think that focusing on one thing will be better than doing many things but it's difficult to control the results.
I am also a long-term investor because this is the safest way to ensure profit and if the market increases, I will have more opportunities to make more profits. Of course, investing is always risky and if you have a reasonable investment strategy you will become more successful because now the market is still very young and there will be many new changes in the near future. Personally, I often research new coins because these are usually coins that attract investor attention.
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justinmidlet
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March 31, 2020, 09:51:23 AM |
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Swing trading is the best, i have successfully earned from it.
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cassavachips
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April 02, 2020, 04:58:01 PM |
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I prefer daily trading because I don't like to wait too long, even though I also make long-term investments in ethereum. Daily trading is very risky and the market situation can change quickly, which always makes me suffer losses in daily trading
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