Webetcoins
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July 28, 2024, 03:48:33 PM |
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You have a good concern, daily trading can't be the best overall and I like not to call long-term trading the best either. My reason is that some people may prefer and do well with daily trading, and of course, it's the kind of trading that gives more money to those who are successful in trading it. However, the stress of trading it is higher and the risk could be higher as well depending on the trader and his plan for the money and risk management. But long-term trading is less stressful and the risk may be better depending on the handling.
This is why I often advise traders to try the two and decide on what is best for them, and this should be personal because, just like any other thing, there will be a fan of this and a fan of the other. For me, I do both with no regrets as daily trading may bless me significantly in a short time at times, while the long-term strategy gives me the rest of my mind to do other activities.
I am not sure that day trading can bring you big profits, but I am sure that it will bring you very quickly fatigue, at least at first it will be too difficult, and fatigue can lead to more mistakes, which in trading equals to losing money. Medium or long term trending is more acceptable for me, I make most of the trades this way and only with a small amount sometimes I do day trading, but I do it not often, because it is tiring and brings comparatively small profits compared to medium term trading. I agree, day trading specially for peoples those are involved in cryptocurrency they are having troubling time during day trading because usually this give them headache and loses which are not easy to recover so we need to keep things going with strong strategy which give us better results. I also usually prefer long term with very small trades which I have short term or for day trading because with this I keep things well under my control and also feel comfortable even we can't stop peoples from doing things which they are comfortable for them, and also they are able to have preferable but still usually we need to be careful about our money because currently it's never been easy to make things well organized after doing mistakes.
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MissNonFall9
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July 28, 2024, 04:07:39 PM |
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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. To profit from day trading you must first become an experienced trader. Then learn to control your emotions. Controlling emotions is a very simple task by an experienced trader. However, not all experienced traders can control emotions, but most experienced traders are trained to control emotions. Long-term investment can also be called as a type of trading. In this case the possibility of loss is less in long term trading as compared to day trading. Personally I favor long term investment. Controlling emotions is very difficult especially in trading. Many times it is seen that even experienced traders get emotional while trading which results in poor results. So I do not think it is an easy task but I have no doubt that veterans can control emotions more easily than other traders. Since the time frame in day trading is relatively short there is a high chance of emotion acting in such a case so it carries more risk than investing on a long term basis.
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Egii Nna
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July 28, 2024, 07:50:51 PM |
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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 don’t see any chance that you will say short-term trading, or as you call it, daily trading, involves more self-discipline because in long-term trading, that is when you will know what self-discipline means because, without patience, there is no way you will have that kind to keep the money for the long term. Long-term trading is more risky than short-term trading. Although everyone has its own advantages and disadvantages, consider that everyone has the one they prefer, but for me, I do both, and if you are doing short-term trading, you have a higher chance of depression and anger because you might tend to lose more than you expect frequently, and that will affect your mental health and cause tremendous problems.
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Etranger
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July 28, 2024, 07:55:05 PM |
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I agree, day trading specially for peoples those are involved in cryptocurrency they are having troubling time during day trading because usually this give them headache and loses which are not easy to recover so we need to keep things going with strong strategy which give us better results.
The nuance is that different strategies work better in different periods. And sometimes day trading is a more promising option than a long period. After all, in this long period there may be completely unfavorable days, when it would be better to sit in stablecoins and not enter a position. Or enter, but in a different direction. And it is impossible to do this, since the deposit is already frozen in another order. So your own strategy is a strong thing, but there should be several of them, depending on the market situation.
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summonerrk
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July 29, 2024, 10:51:45 AM |
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I also usually prefer long term with very small trades which I have short term or for day trading because with this I keep things well under my control and also feel comfortable even we can't stop peoples from doing things which they are comfortable for them, and also they are able to have preferable but still usually we need to be careful about our money because currently it's never been easy to make things well organized after doing mistakes.
I think that the best solution in the world of cryptocurrency trading is to choose long periods. I do not believe in scalping and other high-frequency trading, as it only makes sense when the trend is going in a certain direction. Otherwise, according to the theory of probability, losing and profitable transactions will be closed in a fifty-fifty ratio. It is better to have DCA or large transactions with a long wait.
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Obari
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July 29, 2024, 07:51:56 PM |
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Controlling emotions is very difficult especially in trading. Many times it is seen that even experienced traders get emotional while trading which results in poor results. So I do not think it is an easy task but I have no doubt that veterans can control emotions more easily than other traders. Since the time frame in day trading is relatively short there is a high chance of emotion acting in such a case so it carries more risk than investing on a long term basis.
I agree with you and it is always very difficult to overcome emotions because the moment a trader can be able to battle his emotions and be able to make financial decisions without emotional sentiments then I think that trader is already half way to success in the trading industry. Frankly, it’s always very difficult to overcome emotions when trading especially as a newbie and this is mostly common among traders who trade with money they can’t afford to lose and the moment the losses gets more, emotions sets in and most times leading to chasing of losses and possibly blowing of accounts. To avoid trading with emotions, it is always advised that you gamble with only the amount you can afford to loss and always be able to identify when to trade and when not to trade as well as not able to identify when to take profit and stop loss.
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Baki202
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July 31, 2024, 09:04:22 PM |
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I am not sure that day trading can bring you big profits, but I am sure that it will bring you very quickly fatigue, at least at first it will be too difficult, and fatigue can lead to more mistakes, which in trading equals to losing money. Medium or long term trending is more acceptable for me, I make most of the trades this way and only with a small amount sometimes I do day trading, but I do it not often, because it is tiring and brings comparatively small profits compared to medium term trading.
Their are people that make money from day trading but it might not be always but if you want to make big money then you must also get ready a very fat capital to start with because that also matters a lot, even if you are investing with a good capital, you still have to be smart on the way of using the market to get money from the market because in pursue To make money from the market at the end of the day, you might be the one in the markets might be making money from. Long or Daily, they are all beneficial If you’re doing daily, especially futures You should invest what you can lose because a lot of people you go to the extent of borrowing money just to do trading which is very risky and not advisable, Avoid stories just use a little amount of money that you can lose and that way at peace without worrying about being anybody back.
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Franctoshi
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July 31, 2024, 10:46:47 PM |
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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 as much as long-term trading or otherwise can be called swing trading is known to be more profitable and better to trade, however that doesn't guarantee you success but rather your results also relies on what you are good with, if you can become a more profitable trader being a short-term trader or in other terms called day traders than good for you, everyone can’t do same thing or become a swing trader but a matter of what suits your personality in trading and what best works for you.
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Fredomago
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August 01, 2024, 07:47:23 AM |
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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 as much as long-term trading or otherwise can be called swing trading is known to be more profitable and better to trade, however that doesn't guarantee you success but rather your results also relies on what you are good with, if you can become a more profitable trader being a short-term trader or in other terms called day traders than good for you, everyone can’t do same thing or become a swing trader but a matter of what suits your personality in trading and what best works for you. Indeed, everything will depends from how you exceed with the system that you are following, either long or short the matter is how you are working with your strategy and how that strategy works with the results of your position. Not everyone are similar with how they assess their investment some are good with day trade and have that good outcome taking decent amount of profits, while some are not a fan of quick position but instead they would love to maximize their profits and wait for the market to pump high and take advantage of the bull season. Whatever your style what matters is the outcome and how you'll with your knowledge to make things profitable for you.
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shinratensei_
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August 02, 2024, 02:44:31 AM |
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I am not sure that day trading can bring you big profits, but I am sure that it will bring you very quickly fatigue, at least at first it will be too difficult, and fatigue can lead to more mistakes, which in trading equals to losing money. Medium or long term trending is more acceptable for me, I make most of the trades this way and only with a small amount sometimes I do day trading, but I do it not often, because it is tiring and brings comparatively small profits compared to medium term trading.
day trading is profitable for people that borderline speculating with high leverage, usually with 20x - 100x leverage, a slight price movement already results in either big loss or short loss, people are usually using that to keep them from wasting too much time, but of course it requires extensive knowledge and experience for anyone to be able to profit. if you don't leverage then you will need big capital for your trades to be actually meaningful and can give you good enough profit otherwise if you use small capital then the profit will be really small too. it's always the higher risk the higher profit kind of thing. so if you think the profit is too small with day trading maybe your strategy is wrong.
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Sakanwa
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August 02, 2024, 09:48:46 AM |
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Long term trading has always been a preferred choice for me, because I know the risks involved in day trading and how it has affected many lives who engaged in it.Day trading is something we wish to comprehend and know the strategies to use in tackling it,but if you want to make profit,the best option to me is holding it for a long term,and making sure the investment done is on a profitable and promising coin, because there are coins that will just stall without it bringing out a good result. Therefore,holding is the best to me,and it is only long term holding I can endulge in.
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armanda90
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August 02, 2024, 11:55:30 AM |
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Long term trading has always been a preferred choice for me, because I know the risks involved in day trading and how it has affected many lives who engaged in it.Day trading is something we wish to comprehend and know the strategies to use in tackling it,but if you want to make profit,the best option to me is holding it for a long term,and making sure the investment done is on a profitable and promising coin, because there are coins that will just stall without it bringing out a good result. Therefore,holding is the best to me,and it is only long term holding I can endulge in.
Take profit with daily trading must be braveness with getting risk and have cut loss, many trader always put cut loss feature after success purchasing their potential coins and set up the profitable reach or bad possibility when price dropping by stop loss feature. But have some trader change their trading term from long term to be short term after their coins purchasing get drop drastically and scare to cut loss regarding keep believe with recovery back to higher price. In trading, I prefer with short term but when difficult price recovery after going down will wait and make my trading as long term until price recovery back to the higher. I think every trader have their own strategies with trading how to manage well as short term or long term trading behind the market situation must take profit in short term or long term.
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CageMabok
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August 02, 2024, 12:04:08 PM |
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Controlling emotions is very difficult especially in trading. Many times it is seen that even experienced traders get emotional while trading which results in poor results. So I do not think it is an easy task but I have no doubt that veterans can control emotions more easily than other traders. Since the time frame in day trading is relatively short there is a high chance of emotion acting in such a case so it carries more risk than investing on a long term basis.
For day trading, it must be done in a very patient manner even though the duration is very short, because sometimes we are also faced with conditions that we do not want on the same day so that we cannot let go of what we have bought on that day. That is why every trader should not prioritize their emotions excessively and be in a hurry to buy and also sell it again on the same day. Because it would be better to postpone selling on the same day than to have to bear losses due to bad market trends or due to more price corrections.
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MissNonFall9
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August 11, 2024, 05:04:28 AM |
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Controlling emotions is very difficult especially in trading. Many times it is seen that even experienced traders get emotional while trading which results in poor results. So I do not think it is an easy task but I have no doubt that veterans can control emotions more easily than other traders. Since the time frame in day trading is relatively short there is a high chance of emotion acting in such a case so it carries more risk than investing on a long term basis.
I agree with you and it is always very difficult to overcome emotions because the moment a trader can be able to battle his emotions and be able to make financial decisions without emotional sentiments then I think that trader is already half way to success in the trading industry. Frankly, it’s always very difficult to overcome emotions when trading especially as a newbie and this is mostly common among traders who trade with money they can’t afford to lose and the moment the losses gets more, emotions sets in and most times leading to chasing of losses and possibly blowing of accounts. To avoid trading with emotions, it is always advised that you gamble with only the amount you can afford to loss and always be able to identify when to trade and when not to trade as well as not able to identify when to take profit and stop loss. Both happiness and sadness make people very emotional. And any kind of action or decision taken during this emotional time is prone to mistakes. And that is why wise people say not to make any decisions during times of extreme happiness and sadness. And since trading is a very sensitive matter, it should be done with extreme caution in this case and whenever it seems that the emotions are getting too much then no matter how hard it is one should refrain from taking the tread. Losing money is very painful for any person so everyone should participate in trading consciously.
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Etranger
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August 11, 2024, 10:26:48 AM |
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day trading is profitable for people that borderline speculating with high leverage, usually with 20x - 100x leverage, a slight price movement already results in either big loss or short loss, people are usually using that to keep them from wasting too much time, but of course it requires extensive knowledge and experience for anyone to be able to profit.
if you don't leverage then you will need big capital for your trades to be actually meaningful and can give you good enough profit otherwise if you use small capital then the profit will be really small too. it's always the higher risk the higher profit kind of thing. so if you think the profit is too small with day trading maybe your strategy is wrong.
I don't know, I am kinda scared if such leverages, to be honest. I understand that they give you much more opportunity to make significant profit even on a small deposit, but if the price goes in the wrong direction, your position can be liquidated in a matter of seconds and this is dangerous. I personally have never traded with leverage higher than x5, so it’s hard for me to imagine how people take x100.
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Dr.Osh
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August 12, 2024, 02:05:38 PM |
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Long term trading has always been a preferred choice for me, because I know the risks involved in day trading and how it has affected many lives who engaged in it.Day trading is something we wish to comprehend and know the strategies to use in tackling it,but if you want to make profit,the best option to me is holding it for a long term,and making sure the investment done is on a profitable and promising coin, because there are coins that will just stall without it bringing out a good result. Therefore,holding is the best to me,and it is only long term holding I can endulge in.
well, I think, most people who are serious about trading will choose to trade in the long term. There are many advantages to this, and one of them is being able to maximize profits. Actually, day trading also has advantages, but it is very difficult to make optimal profits. However, I prefer to trade in the long term, but it all depends on the situation. Being flexible might be better.
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CoinFoxs
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August 12, 2024, 03:13:17 PM |
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Long term trading has always been a preferred choice for me, because I know the risks involved in day trading and how it has affected many lives who engaged in it.Day trading is something we wish to comprehend and know the strategies to use in tackling it,but if you want to make profit,the best option to me is holding it for a long term,and making sure the investment done is on a profitable and promising coin, because there are coins that will just stall without it bringing out a good result. Therefore,holding is the best to me,and it is only long term holding I can endulge in.
well, I think, most people who are serious about trading will choose to trade in the long term. There are many advantages to this, and one of them is being able to maximize profits. Actually, day trading also has advantages, but it is very difficult to make optimal profits. However, I prefer to trade in the long term, but it all depends on the situation. Being flexible might be better. By looking on the market conditions and price fluctuation i have concluded that in this scenario short term trading is good, you can do daily or weekly trading and you will get some good profit. Long term investments are bit risky in this scenario in my opinion. I recommend bitcoin and ethereum only for longterm, buy now and wait till 2026!
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shawonngp
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August 12, 2024, 04:03:18 PM |
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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. To profit from day trading you must first become an experienced trader. Then learn to control your emotions. Controlling emotions is a very simple task by an experienced trader. However, not all experienced traders can control emotions, but most experienced traders are trained to control emotions. Long-term investment can also be called as a type of trading. In this case the possibility of loss is less in long term trading as compared to day trading. Personally I favor long term investment. Controlling emotions is very difficult especially in trading. Many times it is seen that even experienced traders get emotional while trading which results in poor results. So I do not think it is an easy task but I have no doubt that veterans can control emotions more easily than other traders. Since the time frame in day trading is relatively short there is a high chance of emotion acting in such a case so it carries more risk than investing on a long term basis. That's right, In day trading is very difficult for newbies or even experienced traders, when day traders trying to profit within 24 hours it's quite difficult to make profit within this time frame, so when there are high chances to get emotional, then loss is confirmed, day trading is not for beginners, sometimes also experienced traders can not control their emotion i have seen several experienced traders faced a big losses.
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Oilacris
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August 12, 2024, 09:37:28 PM |
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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. To profit from day trading you must first become an experienced trader. Then learn to control your emotions. Controlling emotions is a very simple task by an experienced trader. However, not all experienced traders can control emotions, but most experienced traders are trained to control emotions. Long-term investment can also be called as a type of trading. In this case the possibility of loss is less in long term trading as compared to day trading. Personally I favor long term investment. Controlling emotions is very difficult especially in trading. Many times it is seen that even experienced traders get emotional while trading which results in poor results. So I do not think it is an easy task but I have no doubt that veterans can control emotions more easily than other traders. Since the time frame in day trading is relatively short there is a high chance of emotion acting in such a case so it carries more risk than investing on a long term basis. That's right, In day trading is very difficult for newbies or even experienced traders, when day traders trying to profit within 24 hours it's quite difficult to make profit within this time frame, so when there are high chances to get emotional, then loss is confirmed, day trading is not for beginners, sometimes also experienced traders can not control their emotion i have seen several experienced traders faced a big losses. On the moment that you do consider yourself on having that day trading career type of trade then this isnt something that will really be just that too easy for those who are really just that starting up. It would really be never ever kind of thing on which you could really be able to make yourself that dealing up with the market volatility that easily. You would really be finding yourself that being too hasty when it comes into this aspect because on the moment that you would be making up that day trading then you would really be needing up for yourself to deal with the market on active manner on which we know that volatility of this market isnt something a noob could really be able to handle or even into those people who had just traded up for a few months into this market. The moment that you do directly be doing up this kind of path of trading then you would really be that prone into tons of mistakes just because of too much expectation. This is why it would really be that important that you should really be dealing into something realistic or something which is really that appropriate into your knowledge and skills on that particular point and never rush up things without having those kind of considerations.
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benalexis12
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August 13, 2024, 11:42:57 AM |
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day trading is profitable for people that borderline speculating with high leverage, usually with 20x - 100x leverage, a slight price movement already results in either big loss or short loss, people are usually using that to keep them from wasting too much time, but of course it requires extensive knowledge and experience for anyone to be able to profit.
if you don't leverage then you will need big capital for your trades to be actually meaningful and can give you good enough profit otherwise if you use small capital then the profit will be really small too. it's always the higher risk the higher profit kind of thing. so if you think the profit is too small with day trading maybe your strategy is wrong.
I don't know, I am kinda scared if such leverages, to be honest. I understand that they give you much more opportunity to make significant profit even on a small deposit, but if the price goes in the wrong direction, your position can be liquidated in a matter of seconds and this is dangerous. I personally have never traded with leverage higher than x5, so it’s hard for me to imagine how people take x100. The x5 up to x10 leverage is actually safe, regardless of the amount of the fund that you will make a futures trade on the exchange. Just don't go as high as x20, especially if you're not sure about something like this. But the only people who often do that are those who are in a hurry to make a lot of money in trading and are greedy for money to get huge in the scenario.
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