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Author Topic: Day trading or Long term  (Read 2511 times)
decodx
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May 03, 2024, 05:45:03 PM
 #181

If you talk about profits, you will surely make from the both short term trading and long term trading, but the profits will not going to be equal because long term trading used to bring huge amount of profits than short term trading, which I have experienced that from both.

Despite what is happening in the market, long term traders will not be shaking because they know that the more you continue hodling, the more you begin to see the opportunity that will make them profit massively in the market.

Day trading required steady attention, if you want to be achieving profits from market daily because market price can change at anytime for you to earn from the day trading to prepare for another opportunity.

While long-term investing certainly has its merits, I think it would be unfair to dismiss active day trading entirely.  Sure, the markets can humble even the most cocksure speculators.  But for those with the skill and stomach for it, riding those daily waves can prove quite lucrative. 

I know more than a few folks who do it for a living.  They've put in the hours to hone their instincts and discipline.  And they've enjoyed the fruits of their labor - nice cars big houses, exotic vacations and  im not saying it's easy money.  But I am saying it's possible money.

Ultimately, we all have to find the style best suited for us.  If you're a buy-and-hold investor content to let your coins mature over years, more power to you.  But if you live for the thrill of the hunt and the cut-and-thrust of the trading floor short-term speculation could provide the perfect outlet.

There are scores of paths to profit in these markets of ours. Why limit yourself to just one?
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May 03, 2024, 09:42:13 PM
 #182

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.
the whole point is either day trading or long-term trading. The whole point of going into trading is to make a profit, and the truth is that not everyone will make money out of trading so even if the purpose of starting is to make money, how many people can actually make the sacrifice of losing money and still be passionate about trading.  and if it is about long-term trading, there is not much difference between buying and holding until the price goes up.

it is all based on our understanding of Bitcoin. They have the same motive but different strategies, People who know how to actually handle the market will be able to easily make a profit from the market. Everything is risky,  but trading is more risky. compare to holding. but in a situation like this, people will go for the option with less risk.

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May 04, 2024, 03:10:37 AM
 #183

there are many cases where users make trading and investment without proper analysis and later lose users who place a trade when they see a copy or coin going up and then try to close the trade immediately after seeing it go down,
For this, the apprentices should be well educated in trading education at the initial stage. For example if you try something over and over or learn something you will eventually become proficient at it. Likewise, the more you practice about trading, the more you will learn and experience. An experienced trader will never trade without market judgement. And you will see when a trader wants to start trading at the new initial stage he will buy and trade any coin without any judgment analysis thinking that he is going to profit from it. The apprentice will suffer losses instead of profiting from his trades.
Quote
two things to keep in mind when trading or investing. We can be profitable a technical analysis and fundamental analysis lead you to substantial profits.
It is normal to make profit or loss while trading. Everyone wants to make a profit from trading because this profit will depend a lot on the trader's personal experience and knowledge. If you have experience in trading, the amount of loss is less than the profit and if you invest or trade for a long term then you may have less chance of loss.

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Jewan420
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May 04, 2024, 05:30:45 PM
 #184

In both day trading and long-term, the objective of making profit remains the same. But those who day trade in hopes of making quick profits are basically wrong most of the time, and those who trade for a long period of time are more profitable most of the time. But here the objective of the investors remains the same, both of them expect more profit. Generally, in order to make a profit in day trading, an investor needs to have a specific idea about the market every day, and that idea should only be that of an experienced trader. Day trading is very risky even if there is a cash supply.

On the other hand those who are long term holders also have risk but comparatively much less than day trader. Market volatility has little effect on long-term holders. Gives long-term holders a special advantage in gaining knowledge about the trade.

In my opinion, a day trader has the hallmarks of being a long term trader.

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May 04, 2024, 10:32:01 PM
 #185

I'm generally investor type, not a trades that much. But i think trades depends on time, news, potentiality, technical analysis and so on. And bese on that, you need to take decision. Some projects is suitable for day trading and you also found some projects that are for long term. But in Crypto market, i prefer day trading. Actually crypto market is different from other market. You can see a good pumping token today, will turn into the top losser project tomorrow. So need to take decision wisely

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May 05, 2024, 02:46:05 PM
 #186

It depends, sometimes it's beneficial to go with long term or sometimes focus on day trading. Holding might give you potential gain but ensure you're updated about the market and set stop loss properly to avoid huge losses, similarly when the market fluctuates heavily opportunity should be taken from day trading. Such as lately, BGB has gained 107% from its base price of $0.65 and achieved ATH of $1.35, a lot have taken benefit from it in the short term. Nowadays people prefer to rotate their portfolio according to market sentiment and utilise the perfect entry and exit option to earn from it.
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May 05, 2024, 06:25:01 PM
 #187

Basically all traders come with the intention and goal of making a profit but there may be differences in terms of how to get it, some trade with short time frames and some do it by applying long-term planning using fundamental analysis, but for this problem I think it depends on the situation and conditions, simply put if for example you are very busy in your daily life with a lot of activities then yes maybe you can try to trade by applying long-term planning and take maximum profit at the end of the plan you made.

But if for example you are not too busy or have a lot of free time then yes there is nothing wrong with being a day trader using technical analysis, but maybe you really need to have very good risk management if you want to be a day trader because every day you will be in front of the monitor screen to analyze the market and open trading positions where there is a possibility of emotions when you experience losses and also quite a lot of other factors that can trigger problems, because not every day you can focus on analyzing, because usually from the experience I have there are always times when I am not focused because at certain times I have personal problems outside of trading matters that make me less than optimal in terms of analyzing and also that make me easily provoked emotions, but the rest is up to you because this is a choice.

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May 05, 2024, 11:44:29 PM
 #188

It depends. Usually day trading is more popular and for me, it takes 1/2 days to compete a trading base on altcoin circumstances. There are many altcoins what newly launched and sometime if you see that your project is getting pump continuously then i don't found any necessary to close your trade? Rather let it expand some more days right? I think this is how things works. But as crypto market is volatile, that's why can't execute trade for long and most of the time day trading perform better

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May 06, 2024, 02:32:53 AM
 #189

It depends. Usually day trading is more popular and for me, it takes 1/2 days to compete a trading base on altcoin circumstances. There are many altcoins what newly launched and sometime if you see that your project is getting pump continuously then i don't found any necessary to close your trade? Rather let it expand some more days right? I think this is how things works. But as crypto market is volatile, that's why can't execute trade for long and most of the time day trading perform better
The only time I might see day trading as a task is when I want to liquidate my coins and have to spot trade inorder to find a buyer. Besides this, long term investment in BTC is worth giving a try when there's a good DCA strategy to follow and being disciplined enough about doing so.
The volatility of BTC is even not as random as when trading altcoins and as such BTC long term investment has a better option on returns over day trading.
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May 06, 2024, 05:18:03 AM
 #190

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

Day trading is very profitable if you can do proper analysis and chart analysis to understand when a coin will pump and buy that coin at that time to earn profit. Although day trading is very profitable, it is very risky because there is a high chance of losing. But if you want to hold for long term, in this case you can expect to get profit if you invest in top coins and hold it for a long time. so in this case, the risk is a little less than day trading. so you can use whatever you afford because both are risky

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May 06, 2024, 05:32:22 AM
 #191

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

Actually, it depends. If you can do a lot of research and you have enough time to do it, you may go for day trading. You won't make much by doing spot day trading if your capital is not big enough. But, if ou take leverage from exchanges, you are taking a risk of getting liquidated. Altcoins are better for day trade because alts move faster than Bitcoin. But, if you want to do long term trade, you should pick coins that are less volatile. BTC and ETH could be example. To be honest, I should say BTC only. Even though I do not trade much, still if you ask me to pick one option, I will choose Long term spot trading and I will pick BTC as currency.

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May 06, 2024, 12:18:16 PM
 #192

Day trading is actually trading crypto coins, while keeping for long term is investment, so the former is short term and the latter is long term, so the better one depends on the preference of every individual. Although more people hodl which is investment than trading, because it's less risky compared to trading, but it can be boring just waiting for a very long time, even years to get the perfect ROI, where you can make as much in trading on a very short time, or lose everything. Trading is very technical and requires learning skills but investment doesn't need much skills to start, but it's important to hodl  reputable coins like Bitcoin.

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boyptc
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May 06, 2024, 12:19:54 PM
 #193

Day trading is actually trading crypto coins, while keeping for long term is investment, so the former is short term and the latter is long term, so the better one depends on the preference of every individual. Although more people hodl which is investment than trading, because it's less risky compared to trading, but it can be boring just waiting for a very long time, even years to get the perfect ROI, where you can make as much in trading on a very short time, or lose everything. Trading is very technical and requires learning skills but investment doesn't need much skills to start, but it's important to hodl  reputable coins like Bitcoin.
HODLING is less risky.

We have been holding for years and we're a real testament to it and that's why we're still doing it. You trade freely and do everything that you want to do.

But as you trade, don't forget about the importance of having your own holding that you're setting for the long term because it will bag you more profit.

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May 06, 2024, 04:45:14 PM
 #194

Day trading is actually trading crypto coins, while keeping for long term is investment, so the former is short term and the latter is long term, so the better one depends on the preference of every individual. Although more people hodl which is investment than trading, because it's less risky compared to trading, but it can be boring just waiting for a very long time, even years to get the perfect ROI, where you can make as much in trading on a very short time, or lose everything. Trading is very technical and requires learning skills but investment doesn't need much skills to start, but it's important to hodl  reputable coins like Bitcoin.
Holding is not for those who want a quick return on investment. Because holding usually requires a long wait. Holding is not suitable for those who want cash as cash has a correlation with short term trading whereas those who want big returns and are ready to hold for long term can be solid holders. A long-term holder can trade if he wants but a short-term trader cannot hold long-term if he wants. However, in the case of day trading or short term traders, making profit is not a very easy task. A long term trader on the other hand has a relatively easy task. Even if he does not have knowledge about various matters, he does not have to face any problem in the field of holding. Ultimately which direction a trader chooses is entirely up to him.

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Fiasem20
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May 07, 2024, 09:39:38 PM
 #195

Day trading needs more technical analysis to make quick profit on a daily by monitoring the price volatility of the market.
Long term which is also referred to as holding.Holding requires patience and fundamental knowledge on the market.
Trading is more risky compared to holding.Traders are sometimes exposed to losses while investors are not exposed to losses all that because their coins are held for some months and years with the expectation that the price of the coin will offer huge return.

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May 07, 2024, 09:54:55 PM
 #196

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.
in normal circumstances I know very well that in cryptocurrency investment the one that matters most is a investment that will give you profit and I know that a long-term investment is something that gives you profit is long-term investment, some people do invest in short-term investment and some persons like long-term investment due to the profits that is involved on it, I know very well that cryptocurrency investment is with targets if you really want to make a profit, if you want to make a profit in cryptocurrency make sure you invested for long term is due to they want profit

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May 08, 2024, 02:17:18 AM
 #197

Day trading needs more technical analysis to make quick profit on a daily by monitoring the price volatility of the market.
Long term which is also referred to as holding.Holding requires patience and fundamental knowledge on the market.
Trading is more risky compared to holding.Traders are sometimes exposed to losses while investors are not exposed to losses all that because their coins are held for some months and years with the expectation that the price of the coin will offer huge return.
I oppose to the general idea of this. Because Long term and Short Term trading just have the same of level of implied risk. You can both lose money. The only distinction between is the two is the time horizon of the trade. In long term trading or investing, it also will take you time to prove to you whether you are right or wrong. In day trading, the result is immediate.

That's why the type of trading or exposure you have in the market should be in line with traders personality. Regardless of how good he strategy is, if it does not resonate with the trader. It's more likely that they won't follow it.

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May 08, 2024, 08:24:22 AM
 #198

Which do you prefer and think is better
Why not do it both? Keep some amount for long term holding and liquidate some portion of your crypto to do the day trading? In that way, you'll be able to earn in trading even if the market is bearish and you still have some crypto savings for long term investment that could result in big profit if the market pumps. I actually do this kind of strategy and sometimes the day trading gives me profit that I can be use for my expenses or needs and whenever I earn good profit I save a percentage of my weekly profit to my long term investment. In that way I managed to save more in my long term investment while still having profit from day trade.

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May 08, 2024, 09:05:00 AM
 #199

It depends. Usually day trading is more popular and for me, it takes 1/2 days to compete a trading base on altcoin circumstances. There are many altcoins what newly launched and sometime if you see that your project is getting pump continuously then i don't found any necessary to close your trade? Rather let it expand some more days right? I think this is how things works. But as crypto market is volatile, that's why can't execute trade for long and most of the time day trading perform better
If it is a day-trading, it will not last 2 days, it must be concluded on that day, and that is why they call it such. But at times, it could last longer due to the mismanagement of the trader, but in this case, the initial intention was to day trade, but in the end, it lasted beyond it which is understandable, notwithstanding, it does not warrant day trading to last for 2 days, that was just an excessive trading of it.

Besides, whether it's a day-trading or long-term strategy, all that matters is the knowledge of the trader about it. Some day traders are good at it and so long-term traders are good at it, which is why you have to learn and train regarding what you learn about the two before you know the one that will be better for you as it will always vary among traders due to many factors attached to them and the time and plan of the trader towards trading.

However, if it is about the easier one, I go for the long-term trading, it is so convenient if I must say.

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May 08, 2024, 09:43:54 AM
 #200

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

What can you afford and what knowledge have you?

 - Daytrading = Risky and needs enough capital to run and the outcome is based on your understanding
and knowledge to how and what to do.


 - Long Term Holding = this needs not enough knowledge as long as you are investing at least in Bitcoin
or those high ranking coin that may not be dead for some years and more.

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