Day trading or Long term

[rodskee]

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.

[G_Besar]

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.

Hodling and trading are two different things that can be done simultaneously by anyone, so people who have long-term plans for these two things must of course be able to throw away their worries while still carrying out these things. Moreover, now there is enough evidence from people who are still doing it as you say, so that people who haven't done it can have the enthusiasm to try it with quite a lot of confidence. Because sometimes being too afraid of the risk of loss will not produce more meaningful profits in anything.

[Fredomago]

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.

Hodling and trading are two different things that can be done simultaneously by anyone, so people who have long-term plans for these two things must of course be able to throw away their worries while still carrying out these things. Moreover, now there is enough evidence from people who are still doing it as you say, so that people who haven't done it can have the enthusiasm to try it with quite a lot of confidence. Because sometimes being too afraid of the risk of loss will not produce more meaningful profits in anything.

But instead, it will produce losses due to unexpected decision making which mostly cause by short market movement, there are instances that instead of keeping your assets, you quickly move it and sell it out thinking that the market is not good and will continue to expereince more downfall, and same with you, there are people who made it while practicing the virtue of keep holding,

those kinds of traders who choose to invest with time and not to allow fears to dominate inside them, with enough knowledge about the market they able to manifest with how the market is showing now, you just need to continue learning the proper process and find the right path to follow for your investment.

[pusaka]

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.

Hodling and trading are two different things that can be done simultaneously by anyone, so people who have long-term plans for these two things must of course be able to throw away their worries while still carrying out these things. Moreover, now there is enough evidence from people who are still doing it as you say, so that people who haven't done it can have the enthusiasm to try it with quite a lot of confidence. Because sometimes being too afraid of the risk of loss will not produce more meaningful profits in anything.

You are right that both can be done simultaneously, so if we have measured our abilities and we consider ourselves able to do both, then we can do it simultaneously. However, if we feel we have to choose one, it is also legal, that is up to us.
Yes, if we are too afraid of risks then we will never make a profit, because every time we want to do something that fear will come to us and it might become an obstacle that in the end we never want to do it. However, we also have to be able to measure risks, what risks we can take and what kinds of risks we should not take. We must be able to adapt to the limits of our abilities, don't let it look like we are forcing ourselves in the end.

[Hamphser]

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.

Hodling and trading are two different things that can be done simultaneously by anyone, so people who have long-term plans for these two things must of course be able to throw away their worries while still carrying out these things. Moreover, now there is enough evidence from people who are still doing it as you say, so that people who haven't done it can have the enthusiasm to try it with quite a lot of confidence. Because sometimes being too afraid of the risk of loss will not produce more meaningful profits in anything.

You are right that both can be done simultaneously, so if we have measured our abilities and we consider ourselves able to do both, then we can do it simultaneously. However, if we feel we have to choose one, it is also legal, that is up to us.
Yes, if we are too afraid of risks then we will never make a profit, because every time we want to do something that fear will come to us and it might become an obstacle that in the end we never want to do it. However, we also have to be able to measure risks, what risks we can take and what kinds of risks we should not take. We must be able to adapt to the limits of our abilities, don't let it look like we are forcing ourselves in the end.

To find on what kind of trading you would really be dealing on with then you are the ones who would really be tending to find out because each person does have that different capability and traits/behavior on which dealing up with an unpredictable market is something that could trigger out different mindset and different emotions on which it would really be something that could affect when it comes to decision making.

Its true that you could really be able to make involved on both things if you are really that be able to handle yourself on doing so. Short term or long term then it all matters on your preference.
Me too on which i have some bags for long term holds at the same time i do make out some short trades considering that i do have that enough capital plus the time that i could really make use on.
Actually it would really be just that a matter on how you would really be handling up your time and your finances since not all would really be on the same situation.
So decisions would really vary basing up with those factors.

[adpinbr]

Well I may not advise you and any but the only thing I will tell you is to do the right thing and follow the right, both is profitable and also have some tips to know, day trading give you profit daily and you learn too more because you follow the current new and you do know what is going on everyday about the coin you are trading, but long term is to wait for the time the coin will rise

[Sakanwa]

I have never prefered day trading before because of the high risk involved.I know some persons are using it to make enough money,but that's not my calling,the only time I wanted to try my luck,I saw that it wasn't okay for me,so I had to quit,but these days,I've been taking a critical look at it,to know if I can be good at it.
But long term investmest only requires patience,and there zero or less risk involved.This is why people even prefer long term trading to day trading.Therefore,long term trading is all I do,and would do as long as I'm into trading.

[Pandu Geddon]

Well I may not advise you and any but the only thing I will tell you is to do the right thing and follow the right, both is profitable and also have some tips to know, day trading give you profit daily and you learn too more because you follow the current new and you do know what is going on everyday about the coin you are trading, but long term is to wait for the time the coin will rise

It all depends on your interests and abilities. some people don't have patience, and day trading may be better than long-term investments that will only stress their minds and quickly panic.
Before deciding, maybe he should try both first, or at least study both to see the potential and skills he has.

I have never prefered day trading before because of the high risk involved.I know some persons are using it to make enough money,but that's not my calling,the only time I wanted to try my luck,I saw that it wasn't okay for me,so I had to quit,but these days,I've been taking a critical look at it,to know if I can be good at it.

You may think of day trading as gambling, so you try your luck even though in terms of actual skill you may not be ready.
Trading is not just about risk and your luck. There are many skills you must master to become a day trader.

But long term investmest only requires patience,and there zero or less risk involved.This is why people even prefer long term trading to day trading.Therefore,long term trading is all I do,and would do as long as I'm into trading.

Investors must have patience. but that's not enough, they also make long-term investment plans. they don't just buy and hold, there is analysis done as well.
Long-term investment is not zero risk or minimal risk. The risk will be quite large if you choose the wrong asset and plan your investment incorrectly. If you are wrong, you can choose an asset that the longer you keep it, the more it loses its value.

[Gaza13]

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.

It is true that long and short term trading both have risks in them and at different times. It's true that all of this takes time to prove. At least in the short term, the risk of losing money is much greater than in the long term. The most important thing in this case is that at least we don't make a mistake in choosing an asset. If we choose right, I think it will show in the future. In the world of trading, no matter how good your strategy is and the technical indicators you use, no one can guarantee that your strategy is perfect.

[Sophokles]

You can not keep one above another as it depends on the person. Some investor has expertise on day trading so give them suggestion to hold their asset for long term won't work. Their expertise lies in somewhere else and they are good at it. It is all about making money so if someone is making money from Day trading or Long term holding its ok for them. If they are not making money from either of them then there is some problem with his trading risk management. Accusing a trading methods won't be reasonable.

[Bushdark]

You can not keep one above another as it depends on the person. Some investor has expertise on day trading so give them suggestion to hold their asset for long term won't work. Their expertise lies in somewhere else and they are good at it. It is all about making money so if someone is making money from Day trading or Long term holding its ok for them. If they are not making money from either of them then there is some problem with his trading risk management. Accusing a trading methods won't be reasonable.

Why would someone ever think of going for a long term trading when we are not even trading with upto $5 million dollar.
Trading in the market has different quality and big firms are able to trade for a long time in the market because they have the capital that could swallow and pull back and keep trading. For those of us that don't have a big capital, we can always trade with small capital to trade making some profits rather than going for a long term trade which can take up to 5 months in the market.

[MissNonFall9]

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

Holding and trading are two different things. With the right steps and investment in the right place profits can be made from both sectors. However I prefer trading from both options. But it must be on a long-term basis. Coin holdings must be targeted at potential currencies or the investment of both time and money will go down the drain.

[OrangeII]

I have never prefered day trading before because of the high risk involved.I know some persons are using it to make enough money,but that's not my calling,the only time I wanted to try my luck,I saw that it wasn't okay for me,so I had to quit,but these days,I've been taking a critical look at it,to know if I can be good at it.
But long term investmest only requires patience,and there zero or less risk involved.This is why people even prefer long term trading to day trading.Therefore,long term trading is all I do,and would do as long as I'm into trading.

Well, everyone may have their own views, but I also think that day trading has high risks, and also minimal profits. I prefer long-term trading where I choose coins that have potential, and hold them for the long term. This also has less risk and high profit potential. With long-term trading too, I can increase my investment little by little. I think there are many advantages to long-term trading. Apart from that, I feel that short-term trading requires a lot of capital in a short time to get optimal profits.

[AnonBitCoiner]

Well I may not advise you and any but the only thing I will tell you is to do the right thing and follow the right, both is profitable and also have some tips to know, day trading give you profit daily and you learn too more because you follow the current new and you do know what is going on everyday about the coin you are trading, but long term is to wait for the time the coin will rise

Both are beneficial and as you are saying that day trading can give you profit on a daily basis then it will also be not wrong if we say that with day trading you will also lose money on a daily basis if your trade goes wrong.

Day trading requires more concentration whereas in long term holding you will wait for profit but your mind will also be free of stress while in day trading you have to visualize the cost of hold coin during every moment.

In my opinion it is better to wait longer for your profit instead of putting your money at risk while you are doing day trading but still every individual has his own concept.

[Negotiation]

I have never prefered day trading before because of the high risk involved.I know some persons are using it to make enough money,but that's not my calling,the only time I wanted to try my luck,I saw that it wasn't okay for me,so I had to quit,but these days,I've been taking a critical look at it,to know if I can be good at it.
But long term investmest only requires patience,and there zero or less risk involved.This is why people even prefer long term trading to day trading.Therefore,long term trading is all I do,and would do as long as I'm into trading.

Well, everyone may have their own views, but I also think that day trading has high risks, and also minimal profits. I prefer long-term trading where I choose coins that have potential, and hold them for the long term. This also has less risk and high profit potential. With long-term trading too, I can increase my investment little by little. I think there are many advantages to long-term trading. Apart from that, I feel that short-term trading requires a lot of capital in a short time to get optimal profits.

Rightly said that the risk in day trading is high and the chances of losing are high. Day trading traders do not hold positions overnight. Instead they cannot try to profit from short term price movements that occur during the trading session. In the long run it can be considered as one of the most profitable trading methods available to investors.

[khiholangkang]

Well I may not advise you and any but the only thing I will tell you is to do the right thing and follow the right, both is profitable and also have some tips to know, day trading give you profit daily and you learn too more because you follow the current new and you do know what is going on everyday about the coin you are trading, but long term is to wait for the time the coin will rise

Both are beneficial and as you are saying that day trading can give you profit on a daily basis then it will also be not wrong if we say that with day trading you will also lose money on a daily basis if your trade goes wrong.

Day trading requires more concentration whereas in long term holding you will wait for profit but your mind will also be free of stress while in day trading you have to visualize the cost of hold coin during every moment.

In my opinion it is better to wait longer for your profit instead of putting your money at risk while you are doing day trading but still every individual has his own concept.

I personally think which is better between the two is where you have a better understanding in one of them, day trading will be better for traders who have the knowledge, of course profits and losses must exist whether day trading or long-term, the risk arises depending on the knowledge and abilities we have.

But in terms of profit potential, of course, daily is the best if you have the ability rather than long-term, because as we know that the Crypto market is open 24 hours and we must be open to all forms of sentiment that affect a project on the market.
But for those who do not have good skills in day trading then it is better to take long-term steps to minimize risk.

It will be much better if you use both, one of which you collect daily profits and save in coins that you trust in the long run to keep your income better in long-term investments such as Bitcoin or ETH.

[GbitG]

Investors must have patience. but that's not enough, they also make long-term investment plans. they don't just buy and hold, there is analysis done as well.

Yeah, obviously bro without any plan investment in the long term is just a bit more risky. Therefore, the investor has to set up a plan for the investment first because if an investor does not have a proper plan, from a long term perspective, he can lose. If you just think that buy and hodl can turn your investment into profit without any proper plan, then maybe you are making a big mistake. 
 
I would like to give a better example that in the ex bull run, when BTC made a new all time high, I did not make any plans; I just held that the price of BTC would surge further, but I was wrong because there was From ex-ATH, the price started to decline and in the bear market it went up to 17k, then all my profit was converted into a loss. Indeed, it was my fault that I did not make a plan of exit. So a long term investment plan is needed or else it can be lost.

[Fredomago]

Investors must have patience. but that's not enough, they also make long-term investment plans. they don't just buy and hold, there is analysis done as well.

Yeah, obviously bro without any plan investment in the long term is just a bit more risky. Therefore, the investor has to set up a plan for the investment first because if an investor does not have a proper plan, from a long term perspective, he can lose. If you just think that buy and hodl can turn your investment into profit without any proper plan, then maybe you are making a big mistake. 
 
I would like to give a better example that in the ex bull run, when BTC made a new all time high, I did not make any plans; I just held that the price of BTC would surge further, but I was wrong because there was From ex-ATH, the price started to decline and in the bear market it went up to 17k, then all my profit was converted into a loss. Indeed, it was my fault that I did not make a plan of exit. So a long term investment plan is needed or else it can be lost.

Good point, if you set up your long term plan and once that target already acheived you can easily take that profits and begin to re-assess the market, with that kind of understanding you will be able to take advantage of the moving market, for some investors they've seperate their long and short term positions, as there's also open opportunities in terms of benefiting with this kind of unstable market, though there are investors and traders who loves to keep trusting the technology and up to far they still holding and still keeping their assets.

[lixer]

Hodling and trading are two different things that can be done simultaneously by anyone, so people who have long-term plans for these two things must of course be able to throw away their worries while still carrying out these things. Moreover, now there is enough evidence from people who are still doing it as you say, so that people who haven't done it can have the enthusiasm to try it with quite a lot of confidence. Because sometimes being too afraid of the risk of loss will not produce more meaningful profits in anything.

You are right that both can be done simultaneously, so if we have measured our abilities and we consider ourselves able to do both, then we can do it simultaneously. However, if we feel we have to choose one, it is also legal, that is up to us.
Yes, if we are too afraid of risks then we will never make a profit, because every time we want to do something that fear will come to us and it might become an obstacle that in the end we never want to do it. However, we also have to be able to measure risks, what risks we can take and what kinds of risks we should not take. We must be able to adapt to the limits of our abilities, don't let it look like we are forcing ourselves in the end.

There are two things that one needs to be able to do both, short-term trading and long-term investments. The first thing is knowledge, someone who knows they have enough knowledge about the market and different trading techniques and practices, can do both simultaneously, but if someone lacks knowledge and thinks they won't be able to manage short-term trades, they will only lose money in it, they will only go for long-term investments.

The second thing is affordability. You can only do both if you can afford to do it because you will need different budgets for both of these things, one budget will be used for long-term investments and the other will be used for short-term trades, and only someone who can afford to do that can get in both at once.

[Pandu Geddon]

Investors must have patience. but that's not enough, they also make long-term investment plans. they don't just buy and hold, there is analysis done as well.

Yeah, obviously bro without any plan investment in the long term is just a bit more risky. Therefore, the investor has to set up a plan for the investment first because if an investor does not have a proper plan, from a long term perspective, he can lose. If you just think that buy and hodl can turn your investment into profit without any proper plan, then maybe you are making a big mistake. 
 
I would like to give a better example that in the ex bull run, when BTC made a new all time high, I did not make any plans; I just held that the price of BTC would surge further, but I was wrong because there was From ex-ATH, the price started to decline and in the bear market it went up to 17k, then all my profit was converted into a loss. Indeed, it was my fault that I did not make a plan of exit. So a long term investment plan is needed or else it can be lost.

Good point, if you set up your long term plan and once that target already acheived you can easily take that profits and begin to re-assess the market, with that kind of understanding you will be able to take advantage of the moving market, for some investors they've seperate their long and short term positions, as there's also open opportunities in terms of benefiting with this kind of unstable market, though there are investors and traders who loves to keep trusting the technology and up to far they still holding and still keeping their assets.

Taking advantage of moving market moments also requires a plan, right? As has been said, investment is not just a matter of buy and hold. there is a plan to buy when the market position goes down, and there is a plan to sell when the price rises according to our target.
Opportunities to gain profits will always be there, it all depends on how we manage existing opportunities into profits. Some beginners in trading are aware and learn technically in making trading or investment plans. but the problem is that sometimes they are not strong enough to handle pressure and panic very easily which results in them ruining their plans.