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Author Topic: Day trading or Long term  (Read 3726 times)
qwertyup23
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May 24, 2024, 06:31:40 AM
 #261

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


Why not do both? Nothing prevents you from exercising those two (2) options are once. These options are meant to be exercised successively; not that day trading bars you from doing long-term HODLing.

At this stage of our investment, it is definitely recommended that we be smart with our expenses. When we mean "smart", it means that we have to exercise all the possible means in order to maximize every opportunity of profit on our end.

OP I do believe that you have experience on day trading albeit you incur small profits like what you mentioned. Though that may be the case, a profit is still a profit. While you are doing your day trading, you must also maximize and increase your long-term investments for profit at a designated time when you decide to sell those cryptocurrencies.
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May 24, 2024, 01:02:37 PM
 #262

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


Why not do both? Nothing prevents you from exercising those two (2) options are once. These options are meant to be exercised successively; not that day trading bars you from doing long-term HODLing.

At this stage of our investment, it is definitely recommended that we be smart with our expenses. When we mean "smart", it means that we have to exercise all the possible means in order to maximize every opportunity of profit on our end.

OP I do believe that you have experience on day trading albeit you incur small profits like what you mentioned. Though that may be the case, a profit is still a profit. While you are doing your day trading, you must also maximize and increase your long-term investments for profit at a designated time when you decide to sell those cryptocurrencies.


That's why it can be done at the same time, and most traders here in the crypto space do both day trades and long-term trades. I don't believe that crypto traders only make
one of those two choices.

It's the same thing that can bring us profit; there is something on a daily basis, and there is also something that may be large in the future as long as you are sure of the potential of the crypto assets that you will hold in the long term, such as Bitcoin, Ethereum, and others that are top altcoins.

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May 24, 2024, 03:07:12 PM
 #263

Quote from: seanskie18
In day trading there are many factors involved and including the risk of losing your cash or trade since you may enter the market at any moment. Actually, it is nice to get into trading, but I don't see much joy in daytrading. I've also listened to a lot of advise on trading and which coins to buy, but I end up losing a lot.
And what you will get in day trading will not encourage you to solve some problems around you because the profit is not big enough to solve those problems, compared to long term trading that will give you the opportunity to earn big profits that will be enough for you to solve many problems and you will still have some money to buy coins when the bear run occur.

If you are capable financially, trading is a good business you need to join and apply long term which is the easiest way to make a big money that will convince people that you are doing well in your business, and it will make you to establish other businesses to have sources of income.

Since BTC still remain the king among other cryptocurrencies in the market, you can buy and hodl it for a long years before you can trade to experience the benefit of long hodling, which is more profitable than short term trading.

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May 24, 2024, 04:00:22 PM
 #264

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.
Those that has becoming expert on the in every trading both the day and long terms holding describe a day trading that is not good to give a person the advice about a day trading to introduce themselves on it. Because it involves so many risks which is a person as not become an expert on trading it can definitely leads them to lose so much of their money, if not the way they explained about a day trading it bring a huge profits and that's what is impressive so some people that start a daily trading.
Quote

Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
Actually anybody that wants to engaged his self on a day trading deserve much knowledge before starting. But for me if I should choose between the day trading and a long term trading how rather go for the long term trading, because is far better than a day trading. The only people's that involve their self on a day trading are those that know much techniques of the trading and always make themselves busy on research.

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May 24, 2024, 11:29:28 PM
 #265

I usually prefer the Trading because they Trading is more understanding to me. I make money daily, but sometimes holding crypto, is more better because you may lose a lot during the day day to day it’s not just easy. I think it needs a lot of commitment and understanding before you can succeed on the trading. That is why some people just buy coin and leave it to start growing and Bitcoin increase they make more profit and they can withdraw some little things, and they don’t even think of day to day trading because of the stress in it



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May 26, 2024, 03:04:47 PM
 #266

I usually prefer the Trading because they Trading is more understanding to me. I make money daily, but sometimes holding crypto, is more better because you may lose a lot during the day day to day it’s not just easy. I think it needs a lot of commitment and understanding before you can succeed on the trading. That is why some people just buy coin and leave it to start growing and Bitcoin increase they make more profit and they can withdraw some little things, and they don’t even think of day to day trading because of the stress in it

Commitment and better understanding about the market that you are investing your money, most people who choose to go with long term investment seen future opportunities, they are not caring about the current market movement but instead they are after what it can be if the project will succeed, surely the value will rise high to the point that it can go beyond expectations,

More on how good your knowledge and how willing you are with your commitment to learn deeper understanding about the business or the industry that you are in now.

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May 27, 2024, 06:06:04 AM
 #267

I usually prefer the Trading because they Trading is more understanding to me. I make money daily, but sometimes holding crypto, is more better because you may lose a lot during the day day to day it’s not just easy. I think it needs a lot of commitment and understanding before you can succeed on the trading. That is why some people just buy coin and leave it to start growing and Bitcoin increase they make more profit and they can withdraw some little things, and they don’t even think of day to day trading because of the stress in it

Yes, bro, we also have to frequently monitor market charts and news about Bitcoin, because trading can also generate daily profits, there are coins that can generate daily profits and there are also coins that earn profits in the long term, but if you trade, the risk is greater than in the long term. long term, if the coin price is indeed decreasing, it is safer for us to take the long term because there is less risk because one day the market price will fluctuate, the price could rise to a high level, it could also fall drastically, but if the price of the coin weakens and falls, one day it will rise again. , we just have to wait patiently for time and not be reckless in selling when the price is cheap, we also have to come back with our capital, don't let the capital from the loan put us at risk.

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May 27, 2024, 01:43:23 PM
 #268

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


Why not do both? Nothing prevents you from exercising those two (2) options are once. These options are meant to be exercised successively; not that day trading bars you from doing long-term HODLing.

At this stage of our investment, it is definitely recommended that we be smart with our expenses. When we mean "smart", it means that we have to exercise all the possible means in order to maximize every opportunity of profit on our end.

OP I do believe that you have experience on day trading albeit you incur small profits like what you mentioned. Though that may be the case, a profit is still a profit. While you are doing your day trading, you must also maximize and increase your long-term investments for profit at a designated time when you decide to sell those cryptocurrencies.


That's why it can be done at the same time, and most traders here in the crypto space do both day trades and long-term trades. I don't believe that crypto traders only make
one of those two choices.

It's the same thing that can bring us profit; there is something on a daily basis, and there is also something that may be large in the future as long as you are sure of the potential of the crypto assets that you will hold in the long term, such as Bitcoin, Ethereum, and others that are top altcoins.

Short-term trading is not easy and not everyone can profit from it. It requires a lot of knowledge, skills and experience, and even experienced people cannot guarantee profits when trading because the market is very unpredictable . What I see is that the majority only prefer long-term , very few people choose trading or both. If you can take advantage of both and profit from both then you are a very good investor, but there is nothing wrong with many people choosing to hold for the long term instead of choosing both . Not to mention , not everyone spends all their time on the market, most have outside jobs so holding for the long term will be a better choice.

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May 28, 2024, 10:45:11 AM
 #269

Short-term trading is not easy and not everyone can profit from it. It requires a lot of knowledge, skills and experience, and even experienced people cannot guarantee profits when trading because the market is very unpredictable . What I see is that the majority only prefer long-term , very few people choose trading or both. If you can take advantage of both and profit from both then you are a very good investor, but there is nothing wrong with many people choosing to hold for the long term instead of choosing both . Not to mention , not everyone spends all their time on the market, most have outside jobs so holding for the long term will be a better choice.

Yes, that's right, bro, I think I also have to study more deeply the knowledge about trading so that we don't get involved and ultimately make ourselves lose because of our carelessness, that's why we should never try anything without basic knowledge before it has a big impact on We.

It's true that the world of trading is not as easy as we imagine, because everything is a process and has its own method, because we cannot predict market prices accurately, whether they are going up or down, because they can change at any time, so if we really take the long term try to get money from your own savings, don't force yourself to borrow from friends or other people, it will cause stress for yourself.
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May 28, 2024, 12:21:23 PM
 #270

Short-term trading is not easy and not everyone can profit from it. It requires a lot of knowledge, skills and experience, and even experienced people cannot guarantee profits when trading because the market is very unpredictable . What I see is that the majority only prefer long-term , very few people choose trading or both. If you can take advantage of both and profit from both then you are a very good investor, but there is nothing wrong with many people choosing to hold for the long term instead of choosing both . Not to mention , not everyone spends all their time on the market, most have outside jobs so holding for the long term will be a better choice.

If we talk about Bitcoin then there is lot of evidence available that success lies in long term trading and there is very little probability of getting success if you are a short term trader. Just see results of DCA or Lump Sum over a period of 5 or more years and one can easily figure out why it's important to invest for long term in Bitcoin. Those who don't have much time to look market on daily basis, it's best for them to invest for long term. In this way they can guarantee themselves good profit and also free themselves from hassle of looking into market on daily basis.   
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May 28, 2024, 03:38:24 PM
 #271

If only day trading has the same risk with spot trading, I will go for it. You can make more money with day trading because of leverage where you can earn big with small increase of price. But the fact is that the more you increase the leverage the riskier it will be. So for me, if you're good at day trading, you can make money consistently then go for day trading. But I know that you will not always make money with day trading no matter how profitable you are, so that's why we have seen many traders who also hold tokens while trading.
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May 29, 2024, 09:40:26 AM
 #272

Short-term trading is not easy and not everyone can profit from it. It requires a lot of knowledge, skills and experience, and even experienced people cannot guarantee profits when trading because the market is very unpredictable . What I see is that the majority only prefer long-term , very few people choose trading or both. If you can take advantage of both and profit from both then you are a very good investor, but there is nothing wrong with many people choosing to hold for the long term instead of choosing both . Not to mention , not everyone spends all their time on the market, most have outside jobs so holding for the long term will be a better choice.

If we talk about Bitcoin then there is lot of evidence available that success lies in long term trading and there is very little probability of getting success if you are a short term trader. Just see results of DCA or Lump Sum over a period of 5 or more years and one can easily figure out why it's important to invest for long term in Bitcoin. Those who don't have much time to look market on daily basis, it's best for them to invest for long term. In this way they can guarantee themselves good profit and also free themselves from hassle of looking into market on daily basis.   

Yes, we have heard of many people becoming rich through bitcoin but most are long term holders, I have not seen or heard any stories about someone becoming rich through trading short term with bitcoin or any altcoins. That shows that long-term investing is always a much better choice than short-term trading.

I am not against someone engaging in short-term trading but it is clearly not a good option if we want to get rich with bitcoin. Short-term trading is only suitable for us to take advantage of to make small profits in a short time, never think that thanks to it we will become rich. That's too risky because we all know that bitcoin is very volatile and unpredictable in the short term.


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MissNonFall9
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May 29, 2024, 04:08:07 PM
 #273

Short-term trading is not easy and not everyone can profit from it. It requires a lot of knowledge, skills and experience, and even experienced people cannot guarantee profits when trading because the market is very unpredictable . What I see is that the majority only prefer long-term , very few people choose trading or both. If you can take advantage of both and profit from both then you are a very good investor, but there is nothing wrong with many people choosing to hold for the long term instead of choosing both . Not to mention , not everyone spends all their time on the market, most have outside jobs so holding for the long term will be a better choice.

If we talk about Bitcoin then there is lot of evidence available that success lies in long term trading and there is very little probability of getting success if you are a short term trader. Just see results of DCA or Lump Sum over a period of 5 or more years and one can easily figure out why it's important to invest for long term in Bitcoin. Those who don't have much time to look market on daily basis, it's best for them to invest for long term. In this way they can guarantee themselves good profit and also free themselves from hassle of looking into market on daily basis.   

Yes, we have heard of many people becoming rich through bitcoin but most are long term holders, I have not seen or heard any stories about someone becoming rich through trading short term with bitcoin or any altcoins. That shows that long-term investing is always a much better choice than short-term trading.

I am not against someone engaging in short-term trading but it is clearly not a good option if we want to get rich with bitcoin. Short-term trading is only suitable for us to take advantage of to make small profits in a short time, never think that thanks to it we will become rich. That's too risky because we all know that bitcoin is very volatile and unpredictable in the short term.


It is an important thing that every one of us needs to take action by setting a target on a long-term basis to become rich. Those who fail to set these targets will not see the face of success i.e. their every step will be a pre-determined plan to help them achieve their dreams. Now after setting the target sometimes success will come very easily, when you give up, you will have to face danger. May need to take a break for a while to adjust my mindset and then be active again.

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May 29, 2024, 05:50:13 PM
 #274

In day trading there are many factors involved and including the risk of losing your cash or trade since you may enter the market at any moment. Actually, it is nice to get into trading, but I don't see much joy in daytrading. I've also listened to a lot of advise on trading and which coins to buy, but I end up losing a lot.
Advice is just advice if we don't have the basics for analyzing the market or an asset, in my opinion it's useless. Daily trading has much greater risks than if we choose the long term. Yes, we don't just stick to one or two coins to trade in the market. If we don't have basic analysis, we should choose the one with minimal risk by holding the long term, which is much better than the short term.

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May 29, 2024, 08:40:30 PM
 #275

I prefer long term trading more than day trading. Because day trading is risky. If your analysis is wrong, you will lose a lot. And if you buy top coins and hold long term during the bear market, the chances of profit are very high. But for that you need to have extra assets that you can keep long term.

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redsun114
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May 29, 2024, 09:15:50 PM
 #276

In day trading there are many factors involved and including the risk of losing your cash or trade since you may enter the market at any moment. Actually, it is nice to get into trading, but I don't see much joy in daytrading. I've also listened to a lot of advise on trading and which coins to buy, but I end up losing a lot.
Advice is just advice if we don't have the basics for analyzing the market or an asset, in my opinion it's useless. Daily trading has much greater risks than if we choose the long term. Yes, we don't just stick to one or two coins to trade in the market. If we don't have basic analysis, we should choose the one with minimal risk by holding the long term, which is much better than the short term.
Yeah, any advice received from anyone is useless if a person doesn't have the basic knowledge to understand that advice and act upon it. A lot of people get into trading and they join certain signal groups to get signals and make trades according to them, they may earn some money initially but they need to know that they can't keep doing that forever, and if they aren't focusing on learning everything themselves, they will have a hard time in the future.

You can't stay dependent on others all the time and there will be a time when you will be on your own and when that time comes, you will regret not trying to get enough knowledge and trying to understand how things work around the industry you are in so that you can do everything yourself.

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May 30, 2024, 04:49:02 AM
 #277

Profit is less in day trading but strong analysis is required. Day trading is suitable for small traders. But I think long term investment is suitable for those who have extra money. It has less stress. If you buy the top coins of the market like BTC, ETH and hold them long term, the chances of profit from them are very high. Day trading and long term both have advantages and disadvantages. However, each one is suitable for each person.
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May 30, 2024, 05:47:02 AM
 #278

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.
Basically, you have to have an idea before deciding to choose short-term trading or long-term savings in the investment model that is run on Bitcoin. Without good knowledge you cannot make the right decisions because there is nothing you can implement. Short-term trading is also difficult to carry out because of the volatility which tends to make it difficult for people to test the analysis of the coins being traded.

Holding does not require a lot of technical knowledge because you only need to think about how to survive and not panic in downturns. People prefer long-term investments because they do not require a lot of technical knowledge, as long as they are able to think about holding the chosen bitcoin is more than enough.

  Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
Therefore, good knowledge is needed in carrying out trading and without this knowledge it will be difficult to survive. If asked which one is better, it really depends on how much knowledge a person has and I understand investment patterns much better than trading.

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OrangeII
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May 30, 2024, 07:54:59 AM
 #279

I prefer long term trading more than day trading. Because day trading is risky. If your analysis is wrong, you will lose a lot. And if you buy top coins and hold long term during the bear market, the chances of profit are very high. But for that you need to have extra assets that you can keep long term.
Well, I also tend to trade long term rather than daily. However, the impression of daily trading is that it is too pushy and has a profit level that is not optimal. However, there are many advantages to long-term trading, such as you can hold while adding to the asset little by little, or use the DCA method. This will result in a high increase in profits when the price rises. I have proven it several times.

pusaka
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May 30, 2024, 12:03:54 PM
 #280

I prefer long term trading more than day trading. Because day trading is risky. If your analysis is wrong, you will lose a lot. And if you buy top coins and hold long term during the bear market, the chances of profit are very high. But for that you need to have extra assets that you can keep long term.
Well, I also tend to trade long term rather than daily. However, the impression of daily trading is that it is too pushy and has a profit level that is not optimal. However, there are many advantages to long-term trading, such as you can hold while adding to the asset little by little, or use the DCA method. This will result in a high increase in profits when the price rises. I have proven it several times.
If we cannot accept such a big risk, then holding in the long term is an option that we can do. Because if we force ourselves to keep trading even though we are not ready for the risks, then that is not good for us.
Holding it in the long term can make us calmer, because we are only required to be patient. However, we also have to ensure that the coins we hold are coins that are truly trusted, like bitcoin for example. We also cannot choose just any coin because not all coins have good potential, for example we cannot invest in meme coins which will only exist when there is hype, when the hype disappears then the meme coins will also sink.

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