Day trading or Long term

[casey15]

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
  Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better

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[Oshosondy]

Day trading can be refer to short term trading like trading within a day or two days. Long term in the way you used it can mean swing trading. Swing trading is when you hold your coins for some many days to many weeks. But the long term that you are talking about is holding. Do not compare holding to trading, because holding is safer, better and it requires less time and energy from you. But this is when you are buying good coins and not shit coins.

[FatFork]

Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better

Day trading and holding long term have some similarities, but differ quite a bit too.  Both involve risks and needing self-control and smart choices to hopefully make some profit, just in different ways.  

With day trading, you're watching prices a lot trying to catch small ups and downs to make quick profits.  It's a ton of work staring at charts, takes skill to do well, and can stress people out.  

Holding is more hands-off, waiting for bigger price jumps over months or years and  so it takes patience rather than effort.  The gains come slower but you avoid constantly monitoring markets and charts.

I'd say they appeal to different personality types.  Day trading is for go-getter number crunchers glued to their screens.  Holding works better for laidback investors playing the long game.  But both can be solid ways to generate profit.

[hd49728]

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.

They are both risky but trading is more risky than investment in general. However you must know if you are professional with trading, you don't have to own Bitcoin or any cryptocurrency and you simply enter and exit the market with good entry and exit, good discipline and prompt actions.

If you invest in a bad cryptocurrency, by holding it you will only lose your capital.

However, again let's emphasize risk of trading is bigger than investment and by holding a good cryptocurrency like Bitcoin, you can get profit, avoid loss.

Trading does not mean you always trade with small market volatility. It depends on your taste and experience but basically, a market is lively when it is volatile and has high trading volume. Traders would like to join a market with high volatility and high trading volume.

[Dunamisx]

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.

Trading in general has it own risk and there's no how you can manage yourself completely in avoiding the risk involved, but one thing i just like about it is that you're likely to win more than you loose except you're inexperience, now the kind of trade you should take or go for must be under the one you have seen that best suite your own trading pattern and skills.

The major difference between them is that day trading tend to make profit from small market volatility, while holding make profit from the bigger change in crypto value.

the conclusion i see here here is not to go for anything you're not ready for.

[Patrol69]

I definitely have a definite plan for investing and I have a clear plan for how long I will hold my investment but I have no such clear plan for trading. The only expectation of trading is to make money, sometimes I understand the market and am satisfied with a small profit and sometimes I wait a little longer with the possibility that the market may go up. When there is volatility in the market I take some trading for short periods. For example, I took a trade and I made a profit of 20 to 30 dollars. I immediately sold my coins and then waited again to take another short-term trade at the right time. I have had more success trading with this strategy because short time trades are better for me if I can make more money by trading short time rather than waiting long time to make $50 to $100 profit.

[mk4]

Which is 'better' is totally subjective. It's like asking if it's better to be an engineer or a dentist — it totally depends on you.

Personally though, I prefer long-term simply because staring at charts all day is really not for me. I'd rather do heavy research and make big decisions then let the investment sit for a while, while I look for other sources of income so I have more money to invest.

[Rockstarguy]

The both can't be guaranteed,  and you need good understanding for both day trading and longterm. If you must go for any of them make sure you learn to gain better understanding. If you so desperate of making money from any of them without you having knowledge,  you will find it very terrible which you will easily end up losing your money.  Assessing the two based on risk, day trading is more risky  than longterm investment, but people who want to make money so fast sees longterm as something difficult because it require patience to gain profit from longterm investment.

Both trading and longterm investment are profitable,  but it is only with understanding you be able to handle any of them. If you rush to just because of to make money from any of them without understanding,  I bet you will regret your actions, your mentality of seeing both as an easy means of making money.

[goaldigger]

As you’ve said both have their own pros and cons so choose what’s best for you and know that the risk level are both different. I do both most of the time since I play long with my holdings and do day trading if I saw some opportunity and if I have some extra money. Trading can be very risky, and you can just lower the risk by mastering your strategy both in day trading and playing long.

[Bobrox]

Personally which better between daily trading or long term trading depend on your financial condition, if you have stable financial long term is the best trading and get benefit earn much profitable in the future. Has exceptional if your financial not enough well and need get income every day I think daily trading is the best choose. Actually we can't predict in trading should be long term or short term trading when bitcoin and altcoin price suddenly get drop won't or not must be long term holding from your first decision become short term or daily day trading.

Don't make your self under pressure, both of trading kinds goals how to earn much profitable despite have to be long term trading and difficult to earn profit with daily day trading. For efficient earn much profitable with daily day trading must have much capital and small capital seems not easy to earn profit with daily trading.

[SamReomo]

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.

I would say long term holding or you can call it investing is much better for those who don't know how to day trade. Most people lose money with day trading because it's quite risky while loosing money with investing is close to none if you do proper research.

Day trading works best for only those people who are good at trading and they know ins and outs of the market. The profits in day trading are way higher than with investing but risk is also high with that kind of trading. Those who want to be profitable in day trading should first master trading and then begin day trading otherwise they should choose investing.

[Zanab247]

The two are good to traders to earn profits from their trading, but the profits will not be equal because long term hodling always bring opportunity for hodlers to earn big from the market but short term traders always earn small from the market because they hodl for short period of time before they can sell.

I can see that you are new to the system, but I will advise you to start as a short term trader so that you will see what you are going to earn from the few days, weeks or months before you will be thinking of how to switch to long term trading that is giving long term holders huge amount of money at the end.

[BitcoinTurk]

Which do you prefer and think is better

By dividing my capital into two, I make both long-term investments and day trading. Both of them have their own advantages but the risk of loss due to little price movements in daily trades is also quite high. If we compare both of my portfolios, especially in the last three years I can definitely say that I have earned more from long-term investments. Of course, constantly making money through daily trading is also a great advantage because every month I trade successfully, I earn at least as much as my salary from trading. In summary, long-term investments always allow you to earn more profits because they aren’t affected by small price movements but day trading leads to regular profits in the short term.

[Nrcewker]

It really depends on the amount of risk you are willing to take. Day trading has huge risk with it. But with high risk it comes with high returns also. Similarly in long term the risk associated is low. But the profits are also very less. Now if you want to take high risk, then do day trading. But if you are a newbie then investing for long term is the best option. At the starting of the career, too much greed is not good for health.

[Ricardo11]

I think long term investment is better, as day trading comes with high risk. But the profit in day trading is also high. But in day trading, as there is profit, the possibility of loss is very high. In that case the investment is low-risk. If you can invest for the long term and hold for a long time, you can make a lot of money from the investment as well. Only the investment should be for long term. And never stop holding in panic. But you will be able to make a lot of money from holdings as well. I always hold using DCA method and I think long term investment is best.

[Dr.Bitcoin_Strange]

In general, trading is always riskier than investing for a long-term hold. Mostly, there are more holders than traders because most people don't want to face the hudles of trading, which can result in the loss of capital. As a holder, you don't need to stress your brain to make price predictions, and if you are holding, you will not lose any dime unless you sell your coin at a cheap price.

Well, if you actually have a passion for trading, you can try it; just invest the amount you are willing to lose. While trading, you can also be a holder by investing some funds in Bitcoin and still storing it in your cold wallet. As a trader, you can also be a holder. Don't take this as investment advice; only do what you can handle based on your personal decisions.

[Distinctin]

For most of the beginner traders, I won’t suggest for day trading since the process is quite tough and more risky. It requires a highly skilled and strategic trader so he can be profitable with his trades despite of the high risk. While it offers bigger amount of profits for those who are good in day trading, it can also be a source of instant losses for those who are not skilled enough. So day trading while performing high caution is always recommended.

However, long term hodling is always the safest option for the majority. Though the profits may still takes a longer time before it can be yours, but I would say its massive amount will bring higher satisfaction on us.

[famososMuertos]

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
  Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better

Honestly, it is a trick question, in fact, I am sure that someone with another context asked a similar question, I think the best way is to address it and not ask it, then in that idea, you can have better questions, such as what technique to use for day trading, anyway, always find people complaining, that it is not their thing, etc. But day trading is something you have to do because after trying it you discover that you have talent and if you don't you work hard.

That's why many say, "hodl." If someone knows how to do things well, they can make daily trading their profession, and fortunately that is the case, because if we all went to Hodl, how boring.

Stop asking and start trying it, find out for yourself if you have talent, so, take 40-60% for example of your capital, one part to hodl and trade with the other, no one can determine your skills or kill your dream of being a trader for a comment like, "just do it; hodl."

[Issa56]

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.

It’s a matter of choice, if you are interested in trading, then you can do that, and if you are interested in holding, then it’s also fine, but some people do divide their money, and they will trade with some part and use the other part to invest. But we all know that trading is kind of difficult and risky. You have to be prepared to learn and keep it in practice before you start making money from trading, and if you are trading, then you are definitely going to be losing money sometimes. But if you really want to learn how to trade, I won’t discourage anyone from doing that. All professional traders also started as beginners.

While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
  Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better

You already explained the difference. I prefer holding coins because you don’t have to stress yourself out with any technical analysis or spend time monitoring the market, but I don't trade sometimes just to get money to take care of some necessary things that I need.

[lalabotax]

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
  Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better

Holding for long term is exactly suitable for lower risk takers. Meanwhile, day trading is usually more for high risk takers. There are several types of day trading that can be done, and whatever it is, of course professional day traders usually already have their own patterns for making very significant and possibly fantastic profits. So it's true that there will definitely be pros and cons to each. Meanwhile, what is dangerous is when we are not very familiar with day trading mechanisms or market analysis, but we join in day trading, especially in the future market, then this is really high risk and dangerous for people like that.

Personally, I'm a long term holding type only. because they don't have the ability to do day trading. So, instead of forcing myself to be involved in day trading, it's better for me to focus on the long term. Because this is more suited to what I can do.