Day trading or Long term

[poodle63]

Yes trading is risky Because selecting coins in trading is a very difficult task. We can only select Bitcoin for long term investment but other altcoins will not provide a strong holding opportunity like Bitcoin. So I think day trading with altcoins is better. Altcoins can make big returns quickly and also lose big quickly so it needs to be monitored constantly. And if there is some profit, the coins should be sold immediately to avoid further dumping.  Because altcoins are quickly pumped and dumped quickly

I think the altcoin that are top 5 at least are pretty solid for long term holding, arguably, coin like solana and other are indeed does have more volatility if compared with bitcoin, but its good for long term still since their volatility isn't as bad as the lesser altcoin with lower market cap since there are so much trading volume that influencing the price with sell / buy definitely gonna take up some serious capital to begin with.
I personally have been holding for long term eth, sol, matic and they're are proven to be a good investment if we bought when the price was hitting very bottom.
but today, might not be a good investment anymore since they are generally already pumped by whales high enough though.
but to be honest sticking with bitcoin might be a good idea if you want stability, there's reaosn why the big investment fund company sticking with bitcoin for majority of their investments.

[synchronym]

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

First of all you need to think whether you are new to day trading or if you are new to day trading you must have a long term plan. However, investing in day trading usually involves long-term planning, but if you are a newbie, you must have a long-term plan. Day trading is very risky and you have to invest keeping that risk in mind. I don't like investing in day trading very much because of the risk of losing money so you have to make the decision but you can if you want.

[moneystery]

after entering the world of trading, i prefer long-term compared to day trading. because with long-term, i can get profits with more certainty (especially on bitcoin investments) and i don't need to set a trading strategy and don't need to determine the exit point every day. so because long-term is more attractive and suitable for me, i can say that long-term is the best choice.

[AnonBitCoiner]

after entering the world of trading, i prefer long-term compared to day trading. because with long-term, i can get profits with more certainty (especially on bitcoin investments) and i don't need to set a trading strategy and don't need to determine the exit point every day. so because long-term is more attractive and suitable for me, i can say that long-term is the best choice.

Long term investment is better because you will not loss daily losses and your money will be saved until you received your desire reward. In case of long term holding people often feel less emotional and they can easily take right decisions because they don't have burden and are less pressurized as compared to day traders.

Once you utilize your money then you will not be afraid of losing it if you know that each dump is just for few days or months and condition will become profitable again but it will be possible only with the help of patience.

[Farhan99]

after entering the world of trading, i prefer long-term compared to day trading. because with long-term, i can get profits with more certainty (especially on bitcoin investments) and i don't need to set a trading strategy and don't need to determine the exit point every day. so because long-term is more attractive and suitable for me, i can say that long-term is the best choice.

Long term investment is better because you will not loss daily losses and your money will be saved until you received your desire reward. In case of long term holding people often feel less emotional and they can easily take right decisions because they don't have burden and are less pressurized as compared to day traders.

You right but if Long term investments have less risk, but you need to have enough funds to be successful. If you don't have adequate funds you can't hold on to your investment during tough times. Therefore before making long term investments it is important to take care of financial stability.  By having backup funds you will be able to focus and hold on to your investment during market swings and unexpected expenses. Making long term investments with less funds can be risky and you may fail to achieve your financial goals. Hence it is important to take care of your financial situation before making an investment.

[cute nmp]

I prefer long term trading when it comes to both Margin trading and holding altcoins .Think long term is more profitable and safer than day trading

[Fredomago]

Both day trading and long term trading are risky.You have to be very skilled to do day trading.Because it is necessary to understand the market risk and trade in a short time.That is the amount of risk is relatively high.Because risk assessment in day trading is somewhat difficult.But in case of long term ready car the amount of risk is less.It is invested and traded for long periods of time.It is easy to assess risk.So most of the people have long term credit.People who do day trading are used to excessive risk.And they are always under a pressure.But long term trading is less stressful.

Yes trading is risky Because selecting coins in trading is a very difficult task. We can only select Bitcoin for long term investment but other altcoins will not provide a strong holding opportunity like Bitcoin. So I think day trading with altcoins is better. Altcoins can make big returns quickly and also lose big quickly so it needs to be monitored constantly. And if there is some profit, the coins should be sold immediately to avoid further dumping.  Because altcoins are quickly pumped and dumped quickly

There are factors that you need to consider when selecting or picking coins to invest aside from Bitcoin, we can say that it's really hard to find the right asset to select as it's really risky especially with a volatile nature of this industry, you need to know and understand very well before you choose and before you throw your money to whatever project you want to invest.

I prefer long term trading when it comes to both Margin trading and holding altcoins .Think long term is more profitable and safer than day trading

Long term if you have Bitcoin and those top coins from the market, as chances to continue developing and earning support is the key to make it profitable.

[Xxmodded]

You right but if Long term investments have less risk, but you need to have enough funds to be successful. If you don't have adequate funds you can't hold on to your investment during tough times. Therefore before making long term investments it is important to take care of financial stability.  By having backup funds you will be able to focus and hold on to your investment during market swings and unexpected expenses. Making long term investments with less funds can be risky and you may fail to achieve your financial goals. Hence it is important to take care of your financial situation before making an investment.

Financial stability help us to be long term investment but if still get problem with financial condition not easy to be long term holding investor, most all long term holder have good financial condition and for them hold bitcoin or some altcoin more than several years later and increasing much profitable is not problem during have good financial. If trading as main source income make us have to earn profit in short term trading and need to earn profitable every day without hold for longer time.
Need large fund or back up fund if want to be long term holding, not have to sell with investment assets for recovering with our daily needed and long term holder get more benefit how potential profit earn if become as short term trading just take few percent profitable.

[justdimin]

Before deciding to hold in the long term, of course we have to know for sure the potential of the coins we are going to keep and never hold coins that do not have good potential for the future which makes us lose by holding these coins, if we have a good understanding of how to analyze The market will of course make it easier for us to gain profits both in the long and short term and both of these things will be profitable for us.

I agree, it depends on the coins whether they should be traded for the short term or should be held for the long term, and we should also make sure that the budget we are going to use for long-term investments doesn't consist of the money that we might need in short term for anything else because you can't withdraw your money once you have invested it in case the assets you've bought don't stay in profit in short term.

Short term trades or day trading is best if we have proper knowledge and understanding of the market and we know that we can manage our trades very well in the short term, but without knowledge, it's both a waste of time and money and we should go for the long term instead.

[Mehedi72]

I saw most of people prefer short trading within 1 ot 2 days. But short trading news more skill, discipline and self control as you already mentioned. Even risk is also makes sense. While long lerm trading seems good enough and it also works like holding your asset for long. I think if you are in profit, then there's no need to close your trading Right? But if you found the situation will be trun into complexity, then its okey to go with short trading. Both can be used base on your timing and management

[Bobrox]

Firstly, my trading target is for short term but if price unpredictable and dropping more drastically must be long term trading, many unpredictable price with cryptocurrency trading although many trader have target with short term but not brave for using stop loss feature will be long term target difference with the first decision to be short term trading.
Usually my trading target with short term around one until two days later, but many time after becoming long term trader I use stop loss feature and wish get back my capital trade on other altcoin without get more losses. To be short term trader must brave with adopt stop less feature and get limitation target decreasing price of coins under 10% or 15% if won't change from short term to be long term trader.

[pusaka]

Before deciding to hold in the long term, of course we have to know for sure the potential of the coins we are going to keep and never hold coins that do not have good potential for the future which makes us lose by holding these coins, if we have a good understanding of how to analyze The market will of course make it easier for us to gain profits both in the long and short term and both of these things will be profitable for us.

I agree, it depends on the coins whether they should be traded for the short term or should be held for the long term, and we should also make sure that the budget we are going to use for long-term investments doesn't consist of the money that we might need in short term for anything else because you can't withdraw your money once you have invested it in case the assets you've bought don't stay in profit in short term.

Short term trades or day trading is best if we have proper knowledge and understanding of the market and we know that we can manage our trades very well in the short term, but without knowledge, it's both a waste of time and money and we should go for the long term instead.

Of course, we must have a good understanding before we make a decision, whether we will hold for a very long time, or whether we will choose to trade daily. If it is bitcoin, then there is no doubt that holding it for a very long time will bring us profits, but for other coins I can say so.
We must be able to analyze well and in analyzing we must have in-depth knowledge. We can't just look and jump to conclusions, especially if we make decisions because of hype or because we have FOMO. That is the wrong step for us to take. Because we can be said to have no reason to make us take steps like that.
It's actually very easy to invest, but in investing our goal is profit, right? So we must be able to carefully consider before making a decision.

[God bless u]

Both day trading and long term trading are risky.You have to be very skilled to do day trading.Because it is necessary to understand the market risk and trade in a short time.That is the amount of risk is relatively high.Because risk assessment in day trading is somewhat difficult.But in case of long term ready car the amount of risk is less.It is invested and traded for long periods of time.It is easy to assess risk.So most of the people have long term credit.People who do day trading are used to excessive risk.And they are always under a pressure.But long term trading is less stressful.

Yes trading is risky Because selecting coins in trading is a very difficult task. We can only select Bitcoin for long term investment but other altcoins will not provide a strong holding opportunity like Bitcoin. So I think day trading with altcoins is better. Altcoins can make big returns quickly and also lose big quickly so it needs to be monitored constantly. And if there is some profit, the coins should be sold immediately to avoid further dumping.  Because altcoins are quickly pumped and dumped quickly

I think that opinion is no more valid that only BTC will be suitable for long term investment. There are variety of projects that are working for very long and are capable now to be invested in for long term investment option.

Projects like ETH, BNB,SOl etc have very strong fundamentals and they are returning some very good profits to their investors as well. Yes BTC has influence on these a little bit that can't decide the bright future of these coins..I think they'll come more stronger in upcoming time.

[Nrcewker]

As said before, what to choose it completely depends on you. If you have enough time to give the market, then obviously do day trading. But if you are someone who is busy always and can’t give time to the market, then long term investment is the best option. You need to also understand that, in day trading you get huge profits if done correctly. Hence, it completely depends on a user whether to choose day trading or long term investment. I personally prefer long term investment as less hassle compared to day trading.

[Mahanton]

Before deciding to hold in the long term, of course we have to know for sure the potential of the coins we are going to keep and never hold coins that do not have good potential for the future which makes us lose by holding these coins, if we have a good understanding of how to analyze The market will of course make it easier for us to gain profits both in the long and short term and both of these things will be profitable for us.

I agree, it depends on the coins whether they should be traded for the short term or should be held for the long term, and we should also make sure that the budget we are going to use for long-term investments doesn't consist of the money that we might need in short term for anything else because you can't withdraw your money once you have invested it in case the assets you've bought don't stay in profit in short term.

Short term trades or day trading is best if we have proper knowledge and understanding of the market and we know that we can manage our trades very well in the short term, but without knowledge, it's both a waste of time and money and we should go for the long term instead.

Of course, we must have a good understanding before we make a decision, whether we will hold for a very long time, or whether we will choose to trade daily. If it is bitcoin, then there is no doubt that holding it for a very long time will bring us profits, but for other coins I can say so.
We must be able to analyze well and in analyzing we must have in-depth knowledge. We can't just look and jump to conclusions, especially if we make decisions because of hype or because we have FOMO. That is the wrong step for us to take. Because we can be said to have no reason to make us take steps like that.
It's actually very easy to invest, but in investing our goal is profit, right? So we must be able to carefully consider before making a decision.

If you arent that sure on what path you would really be taking then it would be best that you should be testing out whether you would really be going for short term or long term kind of trades. We do know that each one of
us would really be having that kind of different approach when it comes to trading. There are individuals who do prefer on seeing profits in short term period and  there are ones who would really be liking on having that long term approach. There would really be several factors on which could affect out into your choice;

1. Time preference
2. Risk taking factor
3. Capital
4. Knowledge/Skills

You would be the one will really be making out that kind of adjustments whenever you do see that something doesnt work for you. If you've seen that its something profitable
and something beneficial on your part then you will really be sticking into it on which you would really be having such consideration. There are really just those people who do love on sticking
on which it is really something safer but there are ones who are really that risks takers and loving to deal up with something more riskier but something rewarding.

[macson]

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 ^{(daily trading or long term holding)} are very good as long as you feel safe and comfortable implementing them, if asked personally, i prefer to be an intermediate trader, i try to take profits in weeks or months ^{(not years)}, don't force yourself to become a day trader when you don't have enough time and a group that supports you in implementing it, it's better to be a long-term trader and take profits over a long period of time that has been set.  no one becomes truly proficient in trading, all traders continue to learn and hone their instincts and skills in trading.

[Ndabagi01]

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 don’t think anyone is better because they’re both good and you can go with anyone that you’re okay with depending on your preference. This is just an example of a trader and an investor. A trader looks into what they can get in a short term in the market when they’ve seen an opportunity to go into it while taking risk into account.

While an investor looks into the future potentials of their investments, keeping to patience, risk management in order to get the maximum returns from their investments. For a novice, long term trading is more beneficial to them than day trading because of the high volatility it comes with and how easy you can lose all of your capital.

[aylabadia05]

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

Daily trade cannot be used as a definite action in expecting profits even in practice traders can do it well.
Long -term is also risky if the type of coin purchased at Hold in Exchange and is not appropriate in making the decision to buy coins that are not potential.
What you mean in my opinion related to the long term here is investment, not trade.
Only Bitcoin is included in a good coin for the long term and I will choose a long -term choice only on Bitcoin.

[Stable090]

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 both are better depending on the on which you choose. But you have to do your research first before you know which one you will be going into. If you want to be a trader, then you should know learning how to trade is not a day task, trading require’s constant learning, and you have to be putting it in practice, trading is not what you can learn easily, and the risk is just kind of high, but if you need constant income, then you can venture into trading.

If you want to be a holder, it requires less attention, and the risk is kind of low if you are holding the appropriate coin, but if you are a holder then you should have other ways which you will be making money, because you won’t be making money frequently if you are holding. Most people don’t really have time for analysis always, so people like this should just buy and hold.

[GigaBit]

Both day trading and long term have the same objective to make profits. But those who want to make quick profits usually they do day trading, while those who want to wait for a long time do the usual long-term planning. However, although the objective of the investors here is the same, the strategies are different. Generally, in order to profit in day trading, an investor needs to use the market volatility every day to profit from it. Even if there is a cash supply in day trading, it is risky. Here an investor has to be experienced enough otherwise he will lose there. Those who are long term holders also have risk but comparatively much less than day traders. Market volatility has little effect on long term holders. Long term holders have to hold for a long time which is time consuming and many cannot afford to hold.