Day trading or Long term

[MarjorieZimmermanGinger]

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.

[OrangeII]

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]

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.

[MRY]

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.

Holding assets for a long time is indeed the best choice rather than having to do daily trading which might leave us trapped at high prices. But when you have a lot of money that can be used as capital, it is best to divide it into two parts for long-term holding and for daily holding which can provide money to buy food or other living necessities every day.

[shinratensei_]

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.

I only consider daily trading if i were to use future's leverage, I think thats the most viable way to profit, otherwise as you said, the profit wouldn't be maximal, when crypto rises, sometime it rises multiple folds breaking the records and such opportunity you won't find with just daily trading where probably you gonna cash it out when the price hitting 5% increase, but with leverage trading that 5% turned into 25% and so on, depends on the leveraged capital and how much risk you willing to take with the margin profit.
the future leverage feature proven to be helpful when i'm trying to profit from volatility but never mistaken it for easy money because the slightest sudden price correction means we are losing our highly leveraged capital.
meanwhile with long term trading its safe and sound.

I think it is a fair exchange, with long term trading you sacrifice the leisure of getting profit in fast manner while in fast paced daily trading you sacrifice the potential of the massive profit for holding it longer or in other word becoming a diamond hand which many times I think most people just fail to do this challenge.

Holding assets for a long time is indeed the best choice rather than having to do daily trading which might leave us trapped at high prices. But when you have a lot of money that can be used as capital, it is best to divide it into two parts for long-term holding and for daily holding which can provide money to buy food or other living necessities every day.

Honestly if the money is abundant it might make sense to invest the money into some kind of flexible saving or some thing that gives promised APY but also give the safety, since we are just seeking in fulfilling basic needs, I think those APY of 5% are fine if our capital is big, but if we have small capital, trading is definitely the way to go.
it always comes down to being flexible based on our own capital and capabilities, i personally think many other also using the same strategy.

[Albarq]

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.

Basically both options are very good because they both require capital, what you need to think about is the need for experience in the field of daily trading or long-term trading because there must be basic knowledge about it, with this knowledge it will be easier to reach the goal point and always be successful even though there are many risks that we will go through.

[jrrsparkles]

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.

Basically both options are very good because they both require capital, what you need to think about is the need for experience in the field of daily trading or long-term trading because there must be basic knowledge about it, with this knowledge it will be easier to reach the goal point and always be successful even though there are many risks that we will go through.

Long-term holding doesn't require any skills or strategy regarding the trading aspect, all it needs the basic knowledge of the potential value of the asset and how to keep it safe from scammers and hackers better to just not do anything at all once you buy it for a while. Day trading is indeed more profitable in theory however making the consistent profits all day long consistently is not possible and it's like you win every bet you make or one lost bet can consume your capital that is what same applies to day trading as well.

[Bushdark]

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.

I don't think any of us here are ready to trade for a long time. This kind of trading is known as institutional trading and it mostly takes up to 6 months in trade. This kind of trade is mostly done by big companies and firms that have the tools and the fund to in the market for a very long time. This kind of trade is not exhibited by an individual nor small companies that might not have the necessary tools or skill to trade for such a very long time. We can always make huge amount of money from this kind of trade.

[Fredomago]

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.

I don't think any of us here are ready to trade for a long time. This kind of trading is known as institutional trading and it mostly takes up to 6 months in trade. This kind of trade is mostly done by big companies and firms that have the tools and the fund to in the market for a very long time. This kind of trade is not exhibited by an individual nor small companies that might not have the necessary tools or skill to trade for such a very long time. We can always make huge amount of money from this kind of trade.

Most of the time yes,it's an strategy for big companies who got that resources to stay focus in holding their assets till it brings the result that they are aiming, like what you mentioned small traders will be on a difficult situation especially when the market start to dumped down and reached the very bottom it can burned all their investments and with the emotions which always been the big factor when trading it surely change the directions of anybody who are seeing their money being sucked by the market.

Chances to sell and quit is more likely may happen and it's really hard to fought against your own emotions.

[cute nmp]

The markets are too volatile these days don't like to hold trades at all they usually results in Break-evens i now prefer to use the lower time frames in which I could get one to two trades per day.

[AnonBitCoiner]

Basically both options are very good because they both require capital, what you need to think about is the need for experience in the field of daily trading or long-term trading because there must be basic knowledge about it, with this knowledge it will be easier to reach the goal point and always be successful even though there are many risks that we will go through.

Both options will be good for only those who have experience in them but if a person does not know about the basics then both will be hard for them and will require a tough time. Long term trading is easy in case you have a longer time to think accurately while in daily trading you will sell and buy on a daily basis in which loss will be maximum if you don't understand the basics.

Experience and knowledge are needed for both because trading is a very risky field so you cannot say that if you have experience and know everything related to trading then trading will be 100% in your favor.

[taufik123]

-snip-
Honestly if the money is abundant it might make sense to invest the money into some kind of flexible saving or some thing that gives promised APY but also give the safety, since we are just seeking in fulfilling basic needs, I think those APY of 5% are fine if our capital is big, but if we have small capital, trading is definitely the way to go.
it always comes down to being flexible based on our own capital and capabilities, i personally think many other also using the same strategy.

There are many kinds of platforms that provide flexible savings as you mean, Crypto or Even Non-crypto.
Exchanges like binance provide this kind of savings with an APY of around 7.22% for USDT and can be different for other coins.

For trading using small capital it is also not very effective, even it will take a long time to make a profit.
But with large capital it will be done quickly as long as you know how to do good and correct trading management and understand technical analysis.

If I had enough money, would buy some Bitcoin for the long term and potential altcoins like ETH, that would be my investment.
And to meet the needs of flexible trading and staking, it can be an original choice with sufficient knowledge, and Fiat or cash is a must-have.

[MissNonFall9]

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.

Long-term trading is investment by reducing risk which helps us to keep our savings fairly safe, which is very helpful or important for us to raise capital. However there are many who prefer to invest or trade on a short-term basis. It is a bit more risky and requires a lot of knowledge. Now the issue is that he will go and do business where he is more comfortable and prudent.

[dunfida]

-snip-
Honestly if the money is abundant it might make sense to invest the money into some kind of flexible saving or some thing that gives promised APY but also give the safety, since we are just seeking in fulfilling basic needs, I think those APY of 5% are fine if our capital is big, but if we have small capital, trading is definitely the way to go.
it always comes down to being flexible based on our own capital and capabilities, i personally think many other also using the same strategy.

There are many kinds of platforms that provide flexible savings as you mean, Crypto or Even Non-crypto.
Exchanges like binance provide this kind of savings with an APY of around 7.22% for USDT and can be different for other coins.

For trading using small capital it is also not very effective, even it will take a long time to make a profit.
But with large capital it will be done quickly as long as you know how to do good and correct trading management and understand technical analysis.

If I had enough money, would buy some Bitcoin for the long term and potential altcoins like ETH, that would be my investment.
And to meet the needs of flexible trading and staking, it can be an original choice with sufficient knowledge, and Fiat or cash is a must-have.

When you do have that sufficient or simply a big capital or amount then you could really be that versatile as much as you could on which this is something the benefit or advantage when you do have that bigger amount or money that you could really be able to put on. Even if we do speak about saving it up or staking with having that considerable APY then it would really be that an advantage but of course in every advantage it would really be having also that cons too on which this would really be that particularly connect out when it comes to overall security on which we know that exchanges could really be having.For me even on how interesting or really that tempting that APY but still im not really that too confident on leaving up my funds on exchangers whether it would really be small or big, i just cant bare up with the risks.

Speaking in choosing in between day trading or long term then it would really be just that depending on you because you are the ones who would really be making out some trading
and you are the ones who would really be doing the planning and the decisions that you would really be making.

[taufik123]

-snip-
For me even on how interesting or really that tempting that APY but still im not really that too confident on leaving up my funds on exchangers whether it would really be small or big, i just cant bare up with the risks.

That is the decision of each person whether they want to trust the Exchange or not in the staking that is carried out. I really understand how the exchange works, it's not our key it's not our coin, we don't have full control and at any time the funds can be lost when it's on the exchange.

Therefore, don't put all the funds in the main wallet, that's the best.
Exchanges like Binance also have guarantees for users with SAFU when some hack or funds suddenly disappear,
but not always a 100% expectation, there will definitely be burdensome rules.

Speaking in choosing in between day trading or long term then it would really be just that depending on you because you are the ones who would really be making out some trading
and you are the ones who would really be doing the planning and the decisions that you would really be making.

Choosing for the long term or as a Holder may be much better.
I am a little stressed when I have to trade daily, and it really interferes with my daily routine and routine.
Buy and hold until the main target is achieved, it will be better and not make me stressed.

[Obari]

  Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better

The truth is that, everyone in their field would tell you that, theirs is the best especially if they’re doing well in it.
I’ve always told people to seek for what works for them because the primary purpose and goal is to make profit and irrespective of whatever way you choose to milk the platform, it is always advisable that we’re making profits.

I think personally that, the day trading is a very risky one but also a very lucrative one if well analyzed but for people who already have a lot of money and then wishes to dump or invest in cryptocurrency, then the long terms will definitely be very profitable for them.

In conclusion, whatever area of cryptocurrency you find yourself, it is always advisable that you’re making profit.

[Fredomago]

  Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better

The truth is that, everyone in their field would tell you that, theirs is the best especially if they’re doing well in it.
I’ve always told people to seek for what works for them because the primary purpose and goal is to make profit and irrespective of whatever way you choose to milk the platform, it is always advisable that we’re making profits.

I think personally that, the day trading is a very risky one but also a very lucrative one if well analyzed but for people who already have a lot of money and then wishes to dump or invest in cryptocurrency, then the long terms will definitely be very profitable for them.

In conclusion, whatever area of cryptocurrency you find yourself, it is always advisable that you’re making profit.

Very risky but if you already understand both the risk and the potential and you think that you can handle it then day trading might work, like what you said what works for might be different from what will be for others, it's just how you execute your strategy and how you fit your emotions with your chosen path, both have that oppotunities to earn depending from how you set up your position and your targets to make it profitable for you.

[batang_bitcoin]

In conclusion, whatever area of cryptocurrency you find yourself, it is always advisable that you’re making profit.

That's right, whatever crypto and which pairs you're comfortable doing your trades. Whether you day trade or for the long term, we all want to end up with profits. So, whichever works for you perfectly then just do it and you don't have to be mindful of it. Everyone's goal is to make a profit and you should do that for that's the main reason why everyone is aiming to day trade and invest. But again, if you find yourself to be not good at any of it, you can always restrategize.

[Dewi Aries]

The truth is that, everyone in their field would tell you that, theirs is the best especially if they’re doing well in it.
I’ve always told people to seek for what works for them because the primary purpose and goal is to make profit and irrespective of whatever way you choose to milk the platform, it is always advisable that we’re making profits.

I think personally that, the day trading is a very risky one but also a very lucrative one if well analyzed but for people who already have a lot of money and then wishes to dump or invest in cryptocurrency, then the long terms will definitely be very profitable for them.

In conclusion, whatever area of cryptocurrency you find yourself, it is always advisable that you’re making profit.

Very risky but if you already understand both the risk and the potential and you think that you can handle it then day trading might work, like what you said what works for might be different from what will be for others, it's just how you execute your strategy and how you fit your emotions with your chosen path, both have that oppotunities to earn depending from how you set up your position and your targets to make it profitable for you.

Long or short term, yes, they have the same goal, namely to make a profit, both approaches and plans will always look tempting, especially when we focus on the goal of profit, but the point is, as you said, if we are able and understand everything thoroughly and are aware regarding the risks that you are likely to experience along with the potential profits, then no one will forbid you from trading using daily or short-term methods, but make sure that you take these decisions based on careful considerations that are carried out rationally, because trading Daily is a method that can really drain energy and thoughts and is also vulnerable to making a trader experience emotions which can lead to various impulsive actions, but if you already know and understand this, you also know what you should do in every possible condition. If you will face it then there is nothing wrong with your decision, the point is to remain careful and prioritize the various preventive measures that you have prepared.

[Sakanwa]

In conclusion, whatever area of cryptocurrency you find yourself, it is always advisable that you’re making profit.

That's right, whatever crypto and which pairs you're comfortable doing your trades. Whether you day trade or for the long term, we all want to end up with profits. So, whichever works for you perfectly then just do it and you don't have to be mindful of it. Everyone's goal is to make a profit and you should do that for that's the main reason why everyone is aiming to day trade and invest. But again, if you find yourself to be not good at any of it, you can always restrategize.

You are very correct mate,the target is to make profit and nothing else.But having a comparison of the both,you see that one is more risky while the other one is less risky.People tend to follow that one that has low risk than following the one that has high risk.But those people who have the mind of day trading, sometimes when profit comes in for them,you will be shocked about the amount they can gain,and this gain,if you were to follow the long term trading,you won't be able to have it in a long period of time,but somebody have had it just for a day,so that's the difference.