Day trading or Long term

[DiMarxist]

I wanted to attend for extra moral classes for day trading but the instructor who happened to be my friend told me that I should not go for full time trading but I can only trade once a while to have fun because trading can make someone to lose enough funds so I left trading for investment but only trade to have fun.
Yes we all agree that the both are for profit making buy investment is much more better than trading because in trading you can lose your money just a few seconds but you can lose your investment in few seconds but hours or days and even at that, you won't lose them if your are for long term investor. Therefore I like investment to trading.

[Gaza13]

I prefer day trading to long term trading.

if I'm to trade for long term it's better just to hold than trade but when it comes to trading, the day trading is absolutely the best amongst because it gives you the ability to think and make better decisions and confidence in your decisions.

It seems difficult to say that daily trading can be said to be the best, in fact this trading has a much greater risk of losing your money than spot. Indeed, if we learn and apply it in the market, it will give us experience or knowledge when we trade, whether there are mistakes in our analysis, if there are any, of course we will correct them later when we want to trade again.

[Fredomago]

I prefer day trading to long term trading.

if I'm to trade for long term it's better just to hold than trade but when it comes to trading, the day trading is absolutely the best amongst because it gives you the ability to think and make better decisions and confidence in your decisions.

It seems difficult to say that daily trading can be said to be the best, in fact this trading has a much greater risk of losing your money than spot. Indeed, if we learn and apply it in the market, it will give us experience or knowledge when we trade, whether there are mistakes in our analysis, if there are any, of course we will correct them later when we want to trade again.

We need that kind of adjustment each time we experience losses with our trades, if you are keen in making things possible with your investment you need to invest your time in looking and finding the right path for your trades. Investment like trading is more on knowledge and determination, it's more on how you adopt and adjust with every sentiments of the market.

You need to have that kind of mentality to keep pushing your way to understand if what patterns would it be for you to make things working either long or short term position.

[MissNonFall9]

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.

Yes, the risk is more with trading on a daily basis than being a holder and a long term investor. Of course we do know what's best for us, for me, I'm not good at both of it and that's why I choose to hold and stick to my plan of long term. But I know that there are a lot of people here that are good at both of it, good in day trading and they're also distributing their money to their long term plans. That's why those that can do it are very talented people and knows how to weigh and take risks properly.

Although I prefer to invest for long term but day trading can also be profitable unless people get addicted to it or cannot control their emotions. Because day trading exhibits a lot of gambling like behavior. I ‍am not saying it is gambling but in day trading people often lose their control I am not saying that everyone will be like this. The most important thing for day trading is to set targets and control emotions. Only then can one return profitably from there unless the fortunes are absolutely adverse.

Don’t be scared to call day trading a form of gambling to an extent.
Practically, day trading without proper analysis is total gambling and there is no need arguing that as you might just be messing with luck and I’m saying this from a practical standpoint of view because I could remember vividly well, when I was trading synthetic indices on Deriv and I was able to make a profit of $2300 in less than 48 hours with a $100 trading capital but I only ended up withdrawing just $300 and lost the rest of the $2000 in less than 24 hours and meh, I learnt a whole of things from that singular experience that’s why when I came into the forum, I wasn’t strange to the things of trading as I’ve already made reason profits and Laos had my fair share of the losses as well.

It is a very unfortunate incident for your day trading failure. I do not know if you are connected with long trading. But it is very important for us to be careful not to be confined to just one income area. One must focus on other areas such as job security. From that point of view this forum works as a big support for us.

[IvugeoEvolutionCoin]

I wanted to attend for extra moral classes for day trading but the instructor who happened to be my friend told me that I should not go for full time trading but I can only trade once a while to have fun because trading can make someone to lose enough funds so I left trading for investment but only trade to have fun.
Yes we all agree that the both are for profit making buy investment is much more better than trading because in trading you can lose your money just a few seconds but you can lose your investment in few seconds but hours or days and even at that, you won't lose them if your are for long term investor. Therefore I like investment to trading.

I have profited from day trading several times but most of the time I lost from day trading. So now I am not much interested in day trading. If we can trade for Birganj period it can bring us a lot of profit. But trading  To do this we have to start trading with experience about trading otherwise we can never make a profit.

[RockBell]

I wanted to attend for extra moral classes for day trading but the instructor who happened to be my friend told me that I should not go for full time trading but I can only trade once a while to have fun because trading can make someone to lose enough funds so I left trading for investment but only trade to have fun.
Yes we all agree that the both are for profit making buy investment is much more better than trading because in trading you can lose your money just a few seconds but you can lose your investment in few seconds but hours or days and even at that, you won't lose them if your are for long term investor. Therefore I like investment to trading.

It's good you wanted to learn more and been under your friend gives you more advantage because if he his really your friend he will not want you to fail. And wanting to learn more is a good idea, so going full hand is dangerous because you can also lose your full money, and spot is not really  that risky compare to does that are doing futures but even futures if not that people are to greedy their leverages and stop loss that can help you reduce the chances of losing money, and that is the most important thing because if you don't manage the usage well then the high your  funds will drop, its not a must that you have to trade everyday because of the while process before starting your trade. And trading is risky but how you understand and follow instructions will determine the safety of your funds. And long term investment those not have to much work to do. Just buy and hold and when the price is high all you need to do is just to sell. Their are people that don't want to learn but they want to trade their case is different and those are the people that will say trading is bad forgetting that it was all their fault.

[kawetsriyanto]

I have profited from day trading several times but most of the time I lost from day trading. So now I am not much interested in day trading.

If you have earned profits, it means you already know well how to do day trading. But if most of them ended up with losses, it means there is still a mistake in your strategy. Have you evaluated your strategy? The strategy isn't only about the way to trade, but it is also related to your way choosing the coins/tokens. You probably choose random coins, so it is too difficult to know the price development. Why don't you try to trade top coins? But choose the top coins that have high volatility. Solana is one of the options, have you tried this coin?

If we can trade for Birganj period it can bring us a lot of profit.

What is Birganj? I'm not familiar with this term. 
IMO, the profits doesn't depend on the trading period. It depends on the strategy.

But trading  To do this we have to start trading with experience about trading otherwise we can never make a profit.

No one starts trading with experience. To get experience, someone needs to trade many times. However, it is a must to have sufficient knowledge before we start trading. We also must be ready with our mentality because it won't be easy to deal with market changes. If we have weak mentality, we probably won't stay a long time.