Yudhisthir
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1060
Merit: 103
www.Artemis.co
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2024, 01:51:33 AM |
|
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
In my experience, long term holding of good coins would yield you more profit resulting like multiple thousand times your initial investment. At least that had been on the recent history but it's not as fun as trading. A simple day trading can get you over 100% a year safely without taking any leverage. Trading is much fun as you see your idle coin also bring you some profit. There are profits and loss on day trading but if you have a strategy, you'd not lose in long run. I personally plan to do both but I'm more towards day trading that also give me thrills.
|
|
|
|
Mr.sprin
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1526
Merit: 118
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2024, 07:03:43 AM |
|
In my experience, long term holding of good coins would yield you more profit resulting like multiple thousand times your initial investment. At least that had been on the recent history but it's not as fun as trading. A simple day trading can get you over 100% a year safely without taking any leverage. Trading is much fun as you see your idle coin also bring you some profit. There are profits and loss on day trading but if you have a strategy, you'd not lose in long run. I personally plan to do both but I'm more towards day trading that also give me thrills.
Yes, bro, whether it's daily trading or long-term trading, it all depends on the technique we use. If we understand the science of trading, sometimes that's what makes us lose because we're too reckless in taking action so that the profit results become a loss result, because with us starting to venture into trading but we don't yet fully understand what action we have to take so that we make a profit, not a loss. There are coins that we can trade long term and there are also coins that we can trade daily, for example BTC coins are more profitable for us to take in the long term because profits can be many times the price we bought them, there are also coins that are profitable in the short term such as meme coins, even though they have increased slightly, with capital for example 10,000,000 you can make a profit of at least 50,000 to 100,000, in my opinion that is quite good for those of us who want to trade.
|
|
|
|
Mahanton
|
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
In my experience, long term holding of good coins would yield you more profit resulting like multiple thousand times your initial investment. At least that had been on the recent history but it's not as fun as trading. A simple day trading can get you over 100% a year safely without taking any leverage. Trading is much fun as you see your idle coin also bring you some profit. There are profits and loss on day trading but if you have a strategy, you'd not lose in long run. I personally plan to do both but I'm more towards day trading that also give me thrills. Depends on what coins you are really that investing into. The main thing that you should really be needing to look at is into its marketcap specially if you are really that minding on tending to make those multiple folds of your investment then of course you would really be needing up for yourself to have that condition whether you do go for those low caps or would be going into those established altcoins in the market. It would really be a tough choice considering with your preferences because each investor/trader will really be having that different mindset specially basing up into someones risks tolerance. There might be those people who would really be loving on seeing profits in short time and this is why they do consider out on making some short term trades and so as with those long term ones which they would really be holding up their position for long. If you are in torn in between decisions then it would really be just that wise that you would really be needing to test up on which one fits up your taste and risk taking. You would be able to find yourself on where you do find yourself that effective or something that you do well.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Bravut
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 210
Merit: 42
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 17, 2024, 01:39:11 PM |
|
Day trading require more time, expertise and discipline and consuming. The long term I guess you mean swing trading, though this depends on each individual as some like to trade to just make profit immediately probably after hours which is Day trading while others love to swing holding for weeks and months.
Day traders trade in those swings, while swingers just relax, so you choose according to what works for you. Swing trades are great, less consuming,gives you free time to do other stuffs, shades you from unnecessary losses.
|
|
|
|
pawanjain
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 17, 2024, 04:28:42 PM |
|
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
To be really honest, I think long term is the one which makes you more money but you won't notice it very soon. Only when the market has pumped enough, which it does in the long run, you will notice a good spike in your portfolio. Day trading involves a lot of hard work, patience, time and effort to make profits. If you are dedicated enough and are passionate for day trading and want to see money rolling everyday only in that case opt for day trading.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
adpinbr
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 19, 2024, 12:39:23 AM |
|
Well to me, I prefer day reading just buying and keeping because you will know how to make daily income from your day-to-day trading thread is something that you need more focus and you understand different kind of reading than just buying and keeping trading gives me more strategies to acquire more bitcoin, I just prefer the trading than just buying and keeping
|
|
|
|
bitzizzix
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 19, 2024, 01:45:28 AM |
|
It all depends on one's knowledge, capacity, time, mastery and suitability. And long term in my opinion is a better alternative if you have another job or a permanent job, and for daily trading you inevitably have to be involved every day in the market to be able to make a profit. In my opinion, this is not an easy job. Because you really have to have experience to become a profitable day trader for at least 2-3 years after you experience several losses which will be used as experience and lessons, and only certain people can be truly successful with day trading because most of them finally gave up. And apart from that, in terms of profit, security and comfort, it is also very far from long-term comparison. So it all depends on the person, because whatever the choice, daily or long-term trading will both produce good profits if you are with the right person.
|
|
|
|
Dr.Osh
Legendary
Offline
Activity: 2786
Merit: 1004
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 19, 2024, 02:15:20 AM |
|
It all depends on one's knowledge, capacity, time, mastery and suitability. And long term in my opinion is a better alternative if you have another job or a permanent job, and for daily trading you inevitably have to be involved every day in the market to be able to make a profit. In my opinion, this is not an easy job. Because you really have to have experience to become a profitable day trader for at least 2-3 years after you experience several losses which will be used as experience and lessons, and only certain people can be truly successful with day trading because most of them finally gave up. And apart from that, in terms of profit, security and comfort, it is also very far from long-term comparison. So it all depends on the person, because whatever the choice, daily or long-term trading will both produce good profits if you are with the right person.
Well, personally I also feel that daily trading is more difficult than long-term trading. What I mean is, when we do long-term trading, we really do an analysis of developments and how the coin we choose will rise. This makes us more confident and more relaxed in living our daily lives. Some people do long-term trading while doing DCA to increase the assets they own. However, for day trading, we need to spend quite a lot of time in trading because we need to focus, and quickly take profits. If we calculate it wrong, inevitably we have to sell at a loss, or we wait until the price returns to normal.
|
|
|
|
AnonBitCoiner
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 19, 2024, 05:56:45 AM |
|
Well to me, I prefer day reading just buying and keeping because you will know how to make daily income from your day-to-day trading thread is something that you need more focus and you understand different kind of reading than just buying and keeping trading gives me more strategies to acquire more bitcoin, I just prefer the trading than just buying and keeping
The preference of day trading or holding depends on the personal interest and people always focus on that thing which is profitable for them. From day trading you will getting daily income but everyone cannot do this because there are always risks associated with day trading as the market is unpredictable and can change in a matter of seconds. I think if one cannot hold longer then he can buy and in a week or two if price goes higher then he can sell and this holding will just be for profit not keeping your asset for years. Holding should depend on your profit so if you find that now you will get revenue through selling then you can sell.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
EarnOnVictor
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 19, 2024, 07:29:17 AM |
|
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. There are some risk-averse investors who believe that risk increases the chance of profit. There are also some investors who are risk averse because they may not have enough money. But I would definitely find the risk involved in investing in cryptocurrencies. Because if you take the risk, there will be a chance of profit. In terms of trading, a trader can invest in either short term or long term depending on the investor's perspective. If the investor wants to get money quickly then he must move towards short term investment and if he wants to see his investment as wealth then he must plan for long term investment. But if we are encouraged to invest long term to be relatively risk free then we will definitely get more profit from the investment. Although I fully understand your gist but some of your words and the narration therein are not without some faults. Take for example what you wrote in your first sentence, it is not right, the risk-averse investors/traders will always be avoiding excessive risk, they are conservative and will try as much as possible to limit their risks and not the other way around. I suppose you meant to write risk appetite, this is what best explains what you narrated there. That said, many categories of traders exist in the market and I always advise that regardless of what anyone is doing or advising you to do, just have that learning and experience about the market so that you are well-informed and able to know the best style that suits your trading goal in relation to the kind of person you are. You can see that they are two different things (goal/purpose and your person) as the trading goal you have may not be good for the kind of person you are, so you do not have any choice but to adjust to the choice that fits you to avoid later issues. You can imagine the person who can't take huge risks and is even very protective of his money trying to make huge money in the shortest possible time. That person will only lose his money due to emotion and unreasonable risks as a result of fear, which is why we must study ourselves and what we can afford to do in the market without issues instead of believing that we can just fit in well in all trading styles and plans, No. Also, long-term and short-term strategies can earn for gamblers, except that the long-term traders/investors are more patient and think better than the short-term traders/investors. Not that the short-term traders/investors don't think as well only that they are faster in their reasoning and decision making which often causes some mistakes. Above all, traders should go for the option that is convenient for them as the two are good and also depend on the time the trader has for the trading in addition to the points I've made so far. Those who do not have time should go for the long-term strategies to save more time.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Roggeredek
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 163
Merit: 21
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 19, 2024, 08:03:37 AM |
|
I think that day trading is very important because it is possible to make very fast profits from day trading and you can make huge profits in few minutes or few hours if you want. If you have experience and have practiced day trading before then you can be successful, because it is a matter related to practice if you have not managed the practice then success can be delayed for you. To do well you must gain experience and conduct many types of practice. Then you can earn better than debt.
|
|
|
|
Lantind
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 19, 2024, 04:06:06 PM |
|
I think that day trading is very important because it is possible to make very fast profits from day trading and you can make huge profits in few minutes or few hours if you want. If you have experience and have practiced day trading before then you can be successful, because it is a matter related to practice if you have not managed the practice then success can be delayed for you. To do well you must gain experience and conduct many types of practice. Then you can earn better than debt.
Getting profits from daily trading is not an easy thing to do, of course we have to have the ability to analyze the market well so that we don't make a mistake in choosing the type of coin we will trade and this of course requires a long process to get good results as you said. It's very true, of course we have to practice and also have good experience in daily trading to be able to get good results and if we can't get good results, it would be better for us to do long-term trading first so we don't continue to experience losses in trading. what we do.
|
| | │ | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | CRYPTO WEB3 NEOBANK | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | │ | | | | | |
|
|
|
Huppercase
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 19, 2024, 04:21:08 PM |
|
Everyone has their own view and base on that they could opt out between day trading or long term trading. But the main fact is, trading should be base on their asset. But in my view, long term is better cause thus a trader can analysis and calculate the market properly where short trem trading seems too quick to judge the market. But it also true that sometimes market gives us opportunity by doing day trading and I don't see any wrong if anyone wants to grab it
Anyone that don't day trade, then I consider such person to be a holder. A day trader doesn't really need to sit and watch while the market make moves, they can open their laptop, do all the necessary analysis and make a set up for their trade and then go for their other activities, they don't need to be there that's why stop-loss is there to do the work of been away and take profit for in your oders, it's as simple as that for day trading. A person who buy coin and doesn't day trade is a holder but the duration they hold Bitcoin is actually different individually. I can decide to buy a coin and hold for a week and decide to sell a week or a month and another person can decide to buy and hold and then sell after a year or hold till when they are satisfactory with the profits earned.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
MissNonFall9
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 196
Merit: 15
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2024, 12:51:04 PM |
|
I think that day trading is very important because it is possible to make very fast profits from day trading and you can make huge profits in few minutes or few hours if you want. If you have experience and have practiced day trading before then you can be successful, because it is a matter related to practice if you have not managed the practice then success can be delayed for you. To do well you must gain experience and conduct many types of practice. Then you can earn better than debt.
There is no denying that day trading is very important as a means of making quick money. Again trading or investing on long-term basis also gives us very good returns many times which is unimaginable as can be seen today by those who invested in Bitcoin around 2012. So both are possible to make good profits if we have enough practice, patience along with foresight and smart thinking will surely make good profits.
|
|
|
|
xmonkeyx
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2024, 01:15:38 PM Last edit: May 20, 2024, 01:26:34 PM by xmonkeyx |
|
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'm trying to understand what OP means, seems to be considering both options. OP realizes that day trading crypto and buying for long term storage have their own advantages and disadvantages. I think it all depends on our principles in terms of considering investment goals and the planned time period for investing, if you choose short-term goals and are ready to take higher risks then crypto daily trading is more suitable, However, if you have long-term goals and want to avoiding volatile price fluctuations, buying for long-term storage may be a better choice. Consider the extent to which you are prepared to take risks in your investments. However I suggest that If you feel more comfortable with lower risk and want to avoid the stress associated with active trading, choosing to buy and hold long term could be a more profitable option.
|
|
|
|
barisbilgili
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 980
Merit: 304
Free Crypto Faucet in Trustdice
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2024, 02:15:49 PM |
|
I'm trying to understand what OP means, seems to be considering both options. OP realizes that day trading crypto and buying for long term storage have their own advantages and disadvantages. I think it all depends on our principles in terms of considering investment goals and the planned time period for investing, if you choose short-term goals and are ready to take higher risks then crypto daily trading is more suitable, However, if you have long-term goals and want to avoiding volatile price fluctuations, buying for long-term storage may be a better choice. Consider the extent to which you are prepared to take risks in your investments. However I suggest that If you feel more comfortable with lower risk and want to avoid the stress associated with active trading, choosing to buy and hold long term could be a more profitable option.
Everything will be worth it with the risks that will be faced, so I think daily and long-term trading both have their own advantages so that we are free to choose according to the desires and goals that we set from the start. Personally, I prefer long-term trading, especially after seeing crypto movements which are always able to rise in the long term, so there is no doubt that future prices will be better to take advantage of. And daily trading is also quite profitable, but again there is a big risk that we will face because the possibility of daily trading profits is much greater with long-term trading if we calculate it, so daily trading requires a lot of trading knowledge that we have to master and that is a big consideration. whether to start daily trading or not, I think if we don't have adequate trading knowledge it is better to avoid daily trading.
|
|
|
|
GigaBit
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2024, 04:51:12 PM |
|
I think that day trading is very important because it is possible to make very fast profits from day trading and you can make huge profits in few minutes or few hours if you want. If you have experience and have practiced day trading before then you can be successful, because it is a matter related to practice if you have not managed the practice then success can be delayed for you. To do well you must gain experience and conduct many types of practice. Then you can earn better than debt.
Getting profits from daily trading is not an easy thing to do, of course we have to have the ability to analyze the market well so that we don't make a mistake in choosing the type of coin we will trade and this of course requires a long process to get good results as you said. It's very true, of course we have to practice and also have good experience in daily trading to be able to get good results and if we can't get good results, it would be better for us to do long-term trading first so we don't continue to experience losses in trading. what we do. A day trader is one who can run for a short period of time such as 1 or 2 days. But day trading is not relatively easy. In day trading, an investor has to understand various factors and make decisions which can certainly be challenging. But OP mentions long term that means trading and long term which i called as holding. There is a huge difference between holding and trading. A holder can conduct relatively risk-free trading while day trading is more risky. Just as a day trader can make a profit due to slight fluctuations, he is also more likely to lose. It is extremely difficult for day traders to make profit especially in bearish markets. But for those who are holders, the price hike at that time will not have any effect because they are long term holders.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Xampeuu
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1442
Merit: 116
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2024, 06:43:13 AM |
|
I think that day trading is very important because it is possible to make very fast profits from day trading and you can make huge profits in few minutes or few hours if you want. If you have experience and have practiced day trading before then you can be successful, because it is a matter related to practice if you have not managed the practice then success can be delayed for you. To do well you must gain experience and conduct many types of practice. Then you can earn better than debt.
Getting profits from daily trading is not an easy thing to do, of course we have to have the ability to analyze the market well so that we don't make a mistake in choosing the type of coin we will trade and this of course requires a long process to get good results as you said. It's very true, of course we have to practice and also have good experience in daily trading to be able to get good results and if we can't get good results, it would be better for us to do long-term trading first so we don't continue to experience losses in trading. what we do. A day trader is one who can run for a short period of time such as 1 or 2 days. But day trading is not relatively easy. In day trading, an investor has to understand various factors and make decisions which can certainly be challenging. But OP mentions long term that means trading and long term which i called as holding. There is a huge difference between holding and trading. A holder can conduct relatively risk-free trading while day trading is more risky. Just as a day trader can make a profit due to slight fluctuations, he is also more likely to lose. It is extremely difficult for day traders to make profit especially in bearish markets. But for those who are holders, the price hike at that time will not have any effect because they are long term holders. The smaller the time frame used, the more complicated trading will be, in this case long term will be easier to do, unlike day trading, which requires complex mastery, from trading techniques, money management to psychology, therefore For beginners, I recommend doing long term trading, and setting aside a little capital to learn daily trading, so that later we can do both to make a profit.
|
|
|
|
batang_bitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2024, 08:55:58 AM |
|
Well to me, I prefer day reading just buying and keeping because you will know how to make daily income from your day-to-day trading thread is something that you need more focus and you understand different kind of reading than just buying and keeping trading gives me more strategies to acquire more bitcoin, I just prefer the trading than just buying and keeping
If you're going to buy and keep it, then you're not day trading but you are daily accumulating. But that is not a problem because we have our options and strategies on what is going to be more productive and will bring us better profits. So, if that's the way to go for you and that is what will work to give you better trading results then do it. And at the end, if your main goal with your trading profits is to accumulate more Bitcoin, you're doing another good strategy.
|
Rent this sig space so that BTC goes to $100k.
|
|
|
benalexis12
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 896
Merit: 117
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2024, 09:38:14 AM |
|
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
Let's first differentiate between day trading and long-term trading. In day trading, these are the types of traders who want to get a profit every day. Today, there are day traders whose timeframe is 5 minutes, 15 minutes, 30, 1 hour, 4 hours, 12 hours, or a daily timeframe. Now, in those timeframes, you should know where you belong. And first, find out what category you are in. Second, you must know something about trading; you can't have nothing. Because if you are not deep, you will not be able to get large earnings from day trade activity. In the long term, you just buy crypto and then hold it depending on how many years you want, while you study it and while you wait for the right day and time to sell it.
|
|
|
|
|