Bitcoin Forum
April 30, 2024, 11:43:46 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 6 7 8 9 »  All
  Print  
Author Topic: Day trading or Long term  (Read 1207 times)
Lanatsa
Hero Member
*****
Offline Offline

Activity: 2814
Merit: 648



View Profile
February 09, 2024, 09:35:24 PM
 #21

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

Totally depends on you on which one would suits you considering that not everyone would really be having on the same skills or knowledge when it comes to trading. Some can be able to bare up with the risks
and cant really be able to do so and this is why they do opt on holding instead on risking out on which it wont really be shocking that there would really be  those people who would really be that deciding
to hold their position for long term rather than on actively trading on which they cant be able to assure whether they would really be able to make profits with active trades or not.

Its a matter of choice on which i have said.This is actually my own questions too when i do start on trading on which you would really be testing out with that short trades on which we know
that having that short term gains or profits is much more better and much preferred but of course you would really be able to find out when it comes to the risks involved.
You would really be able to weigh in between risks and reward. If you do seem that you could really be able to take up the risks then go ahead with short trades
but if not then do the opposite.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
1714520626
Hero Member
*
Offline Offline

Posts: 1714520626

View Profile Personal Message (Offline)

Ignore
1714520626
Reply with quote  #2

1714520626
Report to moderator
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
BitcoinTurk
Hero Member
*****
Offline Offline

Activity: 1624
Merit: 624


View Profile
February 09, 2024, 09:43:26 PM
 #22

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.

Although it is correct to say that people who have just started trading should size-up their capital by making long-term investments but there is actually a situation like this;

Someone new to trading must trade as much as possible to gain experience and learn how trading works in the financial markets. The reason for this is that experience in financial markets can only be gained by trading and as many transactions as possible are made in order to adapt to financial markets. For this reason, I think it would be more beneficial for someone who has just started trading, especially in the cryptocurrency markets, to constantly make daily buy-sell transactions with a maximum 5-10% of their budget to gain experience and gain knowledge. Of course, as I mentioned, it is very important that a person doesn’t use his/her entire budget until he/she has experience and knowledge because experience and knowledge in financial markets are best learned by losing money.

As a result, won't long-term investment by someone who has just started trading in financial markets and has no experience and knowledge not only provide him/her with financial gain? Shouldn't someone who sells a financial product he/she bought today for 10 times the price after 2 years gain any experience?
RewFrew
Full Member
***
Offline Offline

Activity: 574
Merit: 140


Chainjoes.com


View Profile WWW
February 09, 2024, 09:55:00 PM
 #23

Actually i am day trader but some times day trade become long trade. Naturally i feel better to short trade mean day trade. I am comfortable with day trade. And some time i understand market movement and i wait for correct position. When i think now correct position then i take entry. And i take it for short time.

I always want to close any trade within that day. But some times my day trade become long trade. But i think day trade is huge risky. So i think both are good. Who understand which.

Japinat
Hero Member
*****
Offline Offline

Activity: 2954
Merit: 680



View Profile
February 09, 2024, 10:17:01 PM
 #24

It depends on your own preference but if you are capable and skillful enough to do day trading, then never miss the chance to day trade and gain decent profits. However, if you are still hesitant and fearful of your ability to trade, hence settle for the less risky activity, that is long term hodling.

While both of these can bring significant profits, but it all depends on how capable you are as a day trader or as a long term hodler. Know where you are mostly good and skilled, then focus on that.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
Sanitough
Hero Member
*****
Offline Offline

Activity: 2828
Merit: 673


View Profile
February 09, 2024, 10:55:56 PM
 #25

I think there is no need to confuse yourself since you can resort into doing both if you can cater well to both of its risks. A day trader can also be a long term holder, but not all the time a long term holder can be a reliable day trader. If you think you’re capable to do both, then much better. However, if you are still in the process of learning day trading, focus on long term hodling instead. You can do day trading in the future if you have the necessary skills and strategies to make it work, and of course the sufficient funds that it needs the most.
Assface16678
Full Member
***
Offline Offline

Activity: 1358
Merit: 134


★Bitvest.io★ Play Plinko or Invest!


View Profile
February 09, 2024, 11:00:03 PM
 #26

Actually, I do both. While I have serveral open trade long-term, sometimes when I see opportunities in the market, I do day trade or scalping. You see, you don't have to choose which type of trading you want to do, as long as you can handle those trading types. Like me, I want a long-term trade in bitcoin, especially, but I sometimes do short-term or scalping when I see potential crypto currency or bitcoin as well. Yes, it's tiresome, but I get big rewards from what I'm doing. Let's say I like trading. When I have free time, I do trading or analyse the market. In that way, I could hone my trading skills more and earn more. So if you can do both, why not? Of course, you will sacrifice some time and effort to do so, and it is also mentally draining, so be prepared. Trading takes so much effort to do.

Tipeform$
Member
**
Offline Offline

Activity: 168
Merit: 15

#SWGT PRE-SALE IS LIVE


View Profile
February 09, 2024, 11:13:11 PM
 #27

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

OP if you are talking about day trading and long time holding then definitely holding is better than holding no comparison trading as here talking about trading as long time trading and short time trading like day trading then definitely day trading is better because. Those who are experienced about the market and have enough trading strategies can definitely bring success by trading. And no trading is suitable for those who are not experienced about trading and do not know the trading strategy.

╓                                        SWG.io  ⁞ Pre-Sale is LIVE at $0.14                                        ╖
║         〘 Available On Binance Square 〙•〘 ◊ ICOHOLDER ⁞ 4.45 〙•〘 ✅ Certik Audited 〙        ║
╙                  ›››››››››››››››››››››››››››››› BUY  NOW ‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹                  ╜
Marvelman
Full Member
***
Offline Offline

Activity: 994
Merit: 137


★Bitvest.io★ Play Plinko or Invest!


View Profile
February 10, 2024, 12:40:09 AM
 #28

Interesting question on day trading versus holding long-term! Going all-in on trading takes guts.  But do we really have to choose just one strategy? There seem to be middle ground options too like swing trading or dollar cost averaging into long positions over time.  Sure, buying and holding is less work, but we miss out on potential profits that way.  Maybe a balanced plan using both short-term trading and long investments based on your personal risk comfort makes sense? Diversity can be good.

Mauser
Hero Member
*****
Offline Offline

Activity: 1778
Merit: 528


View Profile
February 10, 2024, 06:50:48 AM
 #29

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


When it comes to day trading or choosing long term investing, I think there are two criteria that will tell us very quickly which one to choose from. The first one is time and the second is profitability. Long term investing doesn't require a lot of time, we do some initial research to pick the best possible project to invest in and then we only need to monitor our investment and react. Whereas day trading requires a lot of time to constantly evaluate positions and trade on a regular basis. It should be very quickly be clear if we have the necessary spare time to trade every day beside our full time job. The second criteria is profitability, are making enough money with our trades? In case we have a good trading strategy that gives us decent returns after transaction cost, we still need to take our time into consideration. With trading we are can calculate our hourly profits and need to compare that to a traditional job that would also pay us per hour. Our opportunity costs need to be taken into consideration when deciding if we want to go for day trading or not.
EarnOnVictor
Hero Member
*****
Offline Offline

Activity: 658
Merit: 601


Leading Crypto Sports Betting & Casino Platform


View Profile
February 10, 2024, 08:16:35 AM
 #30

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
Well, when you are talking about trading, I advise you to remove the context of HODLing from it, that is for investment, and not for retail traders like us. You can hold your trading position for long-term purposes, but it is not as in investment that people are mistaking a mere monthly investment for HODLing, you should be advised about it.

As for your inquisition, let me say that day trading is all the trades you open and conclude daily, meaning you are not leaving your position till the next day. This is short-term trading where traders can analyse the market for a short duration purpose and either scalp or trade within minutes and hours, but it will not be more than 24 hours depending on the time the trade opened the trade. A lot of strategies can be used here but most traders use between 1m-4H chart for it mostly. But this doesn't stop some traders from using higher charts for clarity, but will still close the trade on that day. They can also open and close many trades within a day.

For long-term trading, the context is relative, it could be a matter of days, weeks, or months, it all depends, though they are all called long-term trading. You can also use 4H-1M for this analysis. Both (Long and short-term trading) are nevertheless good for earning, it only depends on you as a trader. Your time for trading, the pattern, convenience, emotion and many other considerations are important to choosing what kind of trader you will be. This is even as all need discipline, expertise and management, and not better than each other as you believed. It depends on you.


..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
_act_
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1153



View Profile
February 10, 2024, 01:57:53 PM
 #31

Interesting question on day trading versus holding long-term! Going all-in on trading takes guts.  But do we really have to choose just one strategy? There seem to be middle ground options too like swing trading or dollar cost averaging into long positions over time.  Sure, buying and holding is less work, but we miss out on potential profits that way.  Maybe a balanced plan using both short-term trading and long investments based on your personal risk comfort makes sense? Diversity can be good.
I do not agree with you because there are many people that are financially drained because they are trading. If it is holding, we can say 1 BTC is equal to 1 BTC, but trading is different. Some peoole will go more than 1x leverage or going short in a way that their trading assets can be liquidated. If you hold, that does not means you are missing any potential profit because you are not trading, but it might be that you are missing potential losses while holding might helped you in making enough profit.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
terrific
Hero Member
*****
Offline Offline

Activity: 2114
Merit: 506


#SWGT PRE-SALE IS LIVE


View Profile
February 10, 2024, 02:10:15 PM
 #32

If you are good in trading then choose day trading. I see people with no bs that are real life traders and they're making a living off it.
But I know that long term it's just good to choose to be an investor and you don't have to put a lot of things into it compared to day trading.
so what makes you happy and profitable you do and you can even choose both of it if you're just too good to be both.


.SWG.io.













..Pre-Sale is LIVE at $0.15..







..Buy Now..







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
..CONFIRMED..






gabbie2010
Sr. Member
****
Offline Offline

Activity: 2646
Merit: 322


Vave.com - Crypto Casino


View Profile WWW
February 10, 2024, 02:18:16 PM
 #33

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

If you think that starting day trading to earn quick profit without any prior knowledge of trading consequently that decision would ended up in streak of losses possibly losing all the funded account that means anyone that falls into that category should just adopt long term investment in any credible and reliable crypto afterall profit would be guaranteed after a long period, however if such a trader had enough experience and very knowledgeable in the art of trading then of course such a trader is good to go but trading is very risky compared to long term investment though an experience day trader earns well whenever they triggers a profitable setup.

Strongkored
Legendary
*
Offline Offline

Activity: 2758
Merit: 1112


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
February 10, 2024, 02:29:42 PM
 #34

Which do you prefer and think is better
I am a daily trader who has converted to a long-term holder, in my opinion, this is much more suitable for those who don't really like analysis because you only need to buy at a cheap price or use the DCA strategy and patiently save it at a predetermined target time, unfortunately, long term holders have to be careful in choosing coins because this is only suitable for a few coins such as Bitcoin or several coins that are quite stable on the exchange, and this will give you big profits if you are patient in holding it for a long time, the longer the chance of getting fantastic profits, but if not having a lot of patience, you can still get profits from long term holding but not much.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
ScamViruS
Hero Member
*****
Offline Offline

Activity: 1736
Merit: 720


Top Crypto Casino


View Profile WWW
February 10, 2024, 03:53:37 PM
 #35

If you are good in trading then choose day trading. I see people with no bs that are real life traders and they're making a living off it.
But I know that long term it's just good to choose to be an investor and you don't have to put a lot of things into it compared to day trading.
so what makes you happy and profitable you do and you can even choose both of it if you're just too good to be both.
Without a very advanced level of knowledge in trading, day trading has a high chance of making losses in the long run. But many people are making good profit through day trading and for them trading is their main earning source. I have a relative who has taken crypto trading and forex trading as his profession and he does day trading most of the time and earns well, but he always says there is a lot of stress in day trading.

And if you invest long term, you will get good returns after a while, which is difficult to get such returns even if you make profit from day trading. So long term investment is a good option if you want a stress free life. Day trading also has good profit opportunities, but it requires deep knowledge of trading and ability to do market research is very important.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
Sorryfor
Member
**
Offline Offline

Activity: 323
Merit: 11

#SWGT PRE-SALE IS LIVE


View Profile
February 10, 2024, 04:24:35 PM
 #36

In terms of trading, both short-term and long-term gains can be made as well as losses. It depends on your decision when you trade. If you can select the right coin at the right time then you have a high chance of making a profit. On the contrary, if you choose wrongly, it can cause you loss. Whether trading is short-term or long-term, it is also risky. But whatever you do in the end, you can trade with good knowledge and if possible with the advice of those who do professional trading.

SWG.ioPre-Sale is LIVE at $0.15
║ 〘 Available On BINANCE 〙•〘 FIRST LISTING CONFIRMED 〙•〘 ✅ Certik Audited 〙 ║
╙ ›››››››››››››››››››››››››››››› BUY NOW ‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹‹ ╜
the rise
Sr. Member
****
Offline Offline

Activity: 2170
Merit: 273


Vave.com - Crypto Casino


View Profile WWW
February 10, 2024, 04:42:01 PM
 #37

It all depends on the project we choose, if we feel the project has benefits and is a popular product, of course I choose to invest in it in the long term, but if the project is driven by fame I will choose daily trading there, because it only takes advantage of the moment Of course, when the fame faded I went and chose another project, I used both day trading and long term trading

cabron
Hero Member
*****
Offline Offline

Activity: 2800
Merit: 597


https://www.betcoin.ag


View Profile WWW
February 10, 2024, 05:21:51 PM
 #38

It all depends on the project we choose, if we feel the project has benefits and is a popular product, of course I choose to invest in it in the long term, but if the project is driven by fame I will choose daily trading there, because it only takes advantage of the moment Of course, when the fame faded I went and chose another project, I used both day trading and long term trading

It's always going to be BTC/USDT when trading in crypto. AAltcoins trading is often for the long term as the investors are going to wait til the price is ripe for selling.
With BTC/USDT, they can do day trading which is a lot harder in my experience as the trader will need to be on the hourly or even in the 15-minute chart to make trades for the rest of the day.

I prefer the long term and then when the market is great like these days which is always a bull market, day trading can be easy to do. even on the spot market.

Barikui1
Full Member
***
Offline Offline

Activity: 182
Merit: 117



View Profile
February 10, 2024, 06:00:51 PM
 #39

It's all boils down to you, the individual involved, holding is less stressful and better for a long term thinker, it requires less skills in knowing market sentiment and technical analysis, but in trading you have to be skilled enough in technical analysis, emotional control, patience and how to use leverage wisely for you to be profitable in the market, and you can make or lose  a whole lot of money in a very short period of time compared to holding, so it's all boils down to you how knowledgeable are you.

Crypto Library
Hero Member
*****
Offline Offline

Activity: 840
Merit: 758


Find your Digital Services at- cryptolibrary.pro


View Profile WWW
February 10, 2024, 06:13:18 PM
 #40

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
I think you have already kind of mentioned what should be preferred. You have mentioned that Day trading need more techniques self discipline and rational decision-making.
Now if I express my own opinion then I will say that which trading is good for a trader it depends on the skill of that trader. If the trader has good knowledge about fundamental and technical analysis then I would say both short-term or day trading and long-term trading will be good for him.
On the other hand, if a trader is new to trading and has very little knowledge about trading, then he should adopt a long-term strategy, and in that case he can follow the DCA method for risk management. Because in this case, a new trader must have less technical analysis skills and for this, most of the new traders face losses while doing short term trading, long time investment will save their funds from losses, and must choose Bitcoin as the coin.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Pages: « 1 [2] 3 4 5 6 7 8 9 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!