Day trading or Long term

[el kaka22]

Most people think that you have to do one or the other. Just do whatever you want, wake up, go check the prices, go check the market, go check your balance and decide what you want to do. If you want to trade that day? Then great, go trade some that day, if you don't want to trade and just hold? Great then just hold. You could think of BTC as the only coin that you need, so never keep your money at stablecoisn or fiat for too long but aside from that the rest is understandable situations to be fair.

There is no reason to pick or choose, just do whatever you seem to think would be the best way and you could end up doing that, it would not be all that confusing and not all that life breaking situation if you do one or the other.

[1714620933]

1714620933

[cryptoaddictchie]

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

I think depends on one capability. Technical or day trading needs more knowledge and some parameters to be able to profit off. While long term holding is simply buying low or keeps buying and selling in a long period of time. Sometimes it took years before someone sold his coins or tokens but the profit is huge while day trader have qouta to earn daily. Im not a day trader but more like a swing trader that sold off when it hits my target.

[Lukmanfirdaus1]

It depends on what coin I'm holding. When it comes to memecoin, I definitely do a short term, it can even be one to two hours when buying. but for big coins like bitcoin and top 10 cmc, I do long term, I'm not really worried about price movements, I'm sure they will definitely give me maximum profit. So if asked which one I choose, it completely depends on what coin I will trade. As for my trading technique, I use the most basic indicator, namely SnR.

[jaberwock]

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.

Risk will still depend on the coin, the amount we put in, and our ability. If these three are poor, long-term investment will still be risky. If good, earning high can also be possible in long-term investing.

Other than the three qualities that I mentioned earlier, there is also luck, like for example if you get lucky on a new coin, it is still possible for you to earn big via short-term investing, and new coins usually don't last long, so there is still no point on hodling them. For you it was long-term hodling is the best but for others it was trading, and maybe you haven't tried trading before, for you to say that or be biased? And you only heard the feedback of others which says the same thing.

[Alana Arden]

Which do you prefer and think is better

Your profits will depend on how patient and capable you are with day trading and long-term holding. If you are not an experienced or professional trader, there is a risk of losing in day trading.
 But it is true that day trading can generate more profits in a short period of time if the trades are exited at the right time. But it is not safe because day trading requires enough courage and free time to take the right trade.
But if you are not brave or lack skill in trading, then long-term holding is better. If you wait patiently for some time, you will make a good profit at some point

[YOSHIE]

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

The two trading methods you mentioned both have the same goal, namely making real profits in the crypto market, the difference is in term, for me they both have different knowledge.
1. Daily trading, here you must have knowledge in the field of analysis, graphics, crypto market developments and you must be ready to sit in front of a laptop during the trading process on that day, you really have to understand the crypto and market situation, so that you avoid from loss.
2. Long term, this method is almost the same as investment, only you press a sell position at a certain price within a certain period, you don't need to do as in the points above [1], you can just wait for the price you have determined.

Conclusion: if you have daily knowledge you will make a profit faster, in the long term you will only make a profit when the time comes, the point is: it depends on the crypto trading knowledge you have mastered.

[Huppercase]

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

Instead of been ideal, I will share you the reality because that's what we need to know, not all these theoretical aspect of discussion because after a while and testing what's been recommended, you will found out that it's what you wish to see you might see in the process.

Trading is not easy, that's a fact, I have been there and have done that, I made money and I made losses but overall, the experience was worth it but you will not enjoy trading unless when there is a bullrun. The bear market is very bad one to engage if you are a trader, you will most likely make more losses than even profit doing trading in bear market but if you are good, you will make money as a day trader in bull run. That said.

As for holding, it's very advantageous than trading, you don't need time resource, you don't need indept technical knowledge of trading, you don't need to do deep analysis like trading, just some few info about the coin, check the chart if it's time to buy and get some on your wallets and you will be fine. You sell when there is profits without going extra miles to check things like stop-loss. However, you need to be careful of the type of coins you buy so you don't become exit liquidity for market manipulators.

[pusaka]

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.

Risk will still depend on the coin, the amount we put in, and our ability. If these three are poor, long-term investment will still be risky. If good, earning high can also be possible in long-term investing.

Other than the three qualities that I mentioned earlier, there is also luck, like for example if you get lucky on a new coin, it is still possible for you to earn big via short-term investing, and new coins usually don't last long, so there is still no point on hodling them. For you it was long-term hodling is the best but for others it was trading, and maybe you haven't tried trading before, for you to say that or be biased? And you only heard the feedback of others which says the same thing.

In this context and when it comes to risk management, I would prefer to hold for the long term, as the risk is lower, although the downside is that we will benefit for a long time as well. Of course, by holding I mean holding very good coins, especially bitcoin.
It's true, some are more interested in holding, others are more interested in day trading. But we also have to look at who is more interested in day trading, as far as I see people who are more interested in day trading are people who already have extensive knowledge and experience. Meanwhile, to gain experience and knowledge must require a long time.
Actually both of them don't matter to me, do whichever one we prefer as long as we have enough knowledge. But for beginners I would recommend holding only.

[GigaBit]

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

Both day trading and long term trading have certain advantages and disadvantages. A day trader makes there profit opportunities through daily buying and selling but there is no such opportunity for a long term trader he has to wait for a long time. Day traders are relatively riskier. It becomes extremely difficult for a day trader to make a profit in a bearish market. However, a long-term trader can generally be somewhat free from such conditions. If the asset price declines in a bear market, he will gain in a bull market. Day trader has to pass time through human pressure. But a long-term holder can maximize long-term profits from completely free. In this case a long term trader gets relatively little relief. But if one can do day trading by fully using knowledge and experience then it is easy to make profit by day trading.

[Nanga Parbat]

Which do you prefer and think is better

I prefer long term trading  because it avoids the short term fluctuations of the market and protects my investments for the duration.  This approach gives me financial stability and consistent profits and protects me from emotional trading.

[GbitG]

It depends on what coin I'm holding. When it comes to memecoin, I definitely do a short term, it can even be one to two hours when buying. but for big coins like bitcoin and top 10 cmc, I do long term, I'm not really worried about price movements, I'm sure they will definitely give me maximum profit. So if asked which one I choose, it completely depends on what coin I will trade. As for my trading technique, I use the most basic indicator, namely SnR.

Just a suggestion, not financial advice: Don't consider all the coins and tokens in the top list of CMC or any other website to be completely safe for long-term holding. Remember what happened with LUNA? It used to be one of the top cryptocurrencies in ranking and people could never imagine something like that could happen, but unfortunately, it did and it cost investors millions of dollars cumulatively. Though I wish that nothing as tragic as that happens again in the market because it harms the overall industry and the market, it is better to be cautious than to regret it.

So, I would suggest that you make sure that you are always keeping an eye on the cryptocurrencies that you have in your portfolio so that you are not missing anything that's happening.

[freedomgo]

Focus on what you think you are more capable of doing. While day trading can be riskier, but if you are skillful on it, then I think that will be your edge so you can keep winning your trades. However, if you are still a beginner in the market, trading might not be suitable for you because of the high risk it brings. Focus first on buying and long term hodling, aside that it’s less risky, the profits will still be good enough most especially if you are doing maximum purchase on bitcoin.

[GeorgeJohn]

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.

there is something that we have to understand between trading and holding of a coin based on investment neither long time investment or short term investment so it depend the one that you want to venture into but and aspect of trading is very different from holding of a coin so therefore I believe that holding of a coin can be very easier for someone to make a profit when the coin is a potential coin and when they coin have a very good reputation so you cannot equate threading with holding or buying and storing of a coin for a long time.

[mirakal]

Some would always prefer the less risky long term hodling while others take the challenge to overcome the high risks with day trading. Whatever it is, everything depends on their own preferences and risk tolerance, as much as their knowledge and skills. In the end, both will derived at a huge profits as long as good management and patience are present.

However, based on my experience, if you are not confident enough to trade, then never jump into trading just because of its promising profits. Take your time while learning the basics in trading and develop your skills and strategies first before you decide to go on trading, most especially in day trading where risk is higher and the chances to lose at an instant is bigger. Otherwise, just settle into the less risky hodling so you can save yourself from consistent losses.

[Botnake]

Whether it’s day trading or long term hodling, they share the same thing, discipline should always be given high emphasis. Because the fact that day trading and hodling both involve risks, then there should be high amount of discipline and patience. If you don’t have that, don’t resort into taking risk investing or day trading. However, there’s always a process to learn both of them. Even with day trading that has higher risk of losing, if you can learn its process, you will definitely end up being a successful day trader.

[BD Technical]

If you do daily training every day, you have a little less chance of losing something and a little less chance of profit because slowly you invest slowly because if you invest long term then you buy another disease.  With one dollar, in the future, after seven days or a month, the price of the token goes to three dollars or four dollars, in that case, your per token profit is 2-3 dollars.  But if you tat on the divide, your loss will be less. If you see that there is a market, you can sell the token, but your chances of profit are a little less because the profit is slow.

 But I will say if you have a general idea then you will not come to the train world here there is definitely risk and if you invest you have to take list it is normal but you know and understand and then invest thank you.

[michellee]

If it is Bitcoin, you can choose to buy for long-term holding. You have seen how Bitcoin prices have moved so far. And it can be profitable for you if you buy a lot of Bitcoin.

Meanwhile, for daily crypto trading, you need to learn how to trade. You have to know how to analyze the market, which is a lesson that must be practiced. Moreover, market conditions are constantly changing, so you need to practice your analytical skills to find coins that can increase.

I prefer to buy and hold Bitcoin for the long term. But I also sometimes trade crypto, even though it depends on market movements. I don't always trade daily but only when I feel the market movement is good and I can follow it.

[stomachgrowls]

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.

there is something that we have to understand between trading and holding of a coin based on investment neither long time investment or short term investment so it depend the one that you want to venture into but and aspect of trading is very different from holding of a coin so therefore I believe that holding of a coin can be very easier for someone to make a profit when the coin is a potential coin and when they coin have a very good reputation so you cannot equate threading with holding or buying and storing of a coin for a long time.

You would really be able to find it along the way in between into these things on which holding and making some trades on active manner. It would really be falling out on someone preference if we do speak about investment
and trading specially if we do able to make those experiences on which we do able to find out on which one is viable and which one is really that something that you would able to adjust accordingly.
So if you do find out that holding is really that effective on you at the same time you do able to make money out with those active trades then this is something that would really be that an advantage on your part.
There's no way that you wouldnt really be able to find out on which one is really that making you money but somehow this particular skills isnt something that could be learn in short time period.

This is why people would really be that planning or deciding on learning into this one when it comes to this skill but we know that not all would really be successful into this field
but you wont really be able to know not unless you would really be trying into yourself.

[Mpamaegbu]

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

No one is better than the other. It all depends on the temperament of the trader. In this industry, both can make you money the same way they can lose you money. A better way to trade them is to develop a trading plan that reflects one's temperament. If one is impatient, day trading or even scalping will be better suited for one. If one has a day job, maybe an office work or one that takes one away from screen time, then swinging or position trading should be a better option. Don't base your trading on what others are trading or the way they trade. Develop your own plan based on what works for you. It's custom made that way.

[cute nmp]

Prefer Long term trades than shorter one .Most of my profits come from my long term trades or coins that I hold or months or even years at times.Have been in crypto for years now but still can figure out how to make good profits from short time trades.