Day trading or Long term

[Alone055]

Consistency in getting profits is the key, but back to the beginning because it is not easy then it will make people frustrated. Some people ignore the risk, they focus too much on the profit which ultimately makes many people fail in trading.

Most people get frustrated after experiencing losses in trading because of their unrealistic expectations which are built because of what they have heard from other people who misguided them or learners didn't focus or understand things properly. Most newbie investors expect that they will get a lot of profit from trading, and they also believe they will start getting profits immediately after starting which isn't how things work. They aren't told that there are a lot of things to learn before they get started, so they start making purchases right away and then incur losses.

It's a lack of knowledge and laziness for not doing enough research that makes people reach such endings. Ask yourself, would you be using your finances for something that you don't even know anything about? You wouldn't because you need to understand what you are getting into and how things work in the first place. I wonder how some people don't think this way.

Despite profits and losses initially, consistency with your activities is the key. When you learn and start as a beginner, there will be difficulties, but don't let them become your weakness.

[Dewi Aries]

Day trading is like some who needed a instant profit, and what someone who ventures into day trading does is to make a quick profit and go out from the market, why long-term trading is determined by the future you in a particular coin you want to invest, most of the people that venture into day trading always have the vision of making small profits why people who invest for long-term kind of investment is expecting a large profits, this two trading methods you mentioned you most have objectives that's you to choose one, but newbie doesn't know why they chose a day trading or neither long-term trading

Someone thinks they want to get quick profits, even though it is small but if it is achieved consistently then it will also grow bigger, but people forget that it does not always work, because in trading there can be profits and losses. Indeed, quick profits will be more tempting, because profits can be enjoyed at the same time, but the problem is that it is not easy.

Consistency in getting profits is the key, but back to the beginning because it is not easy then it will make people frustrated. Some people ignore the risk, they focus too much on the profit which ultimately makes many people fail in trading.

Of course, however and whenever trading will always be about two things, namely profit or loss, simply put you can profit in any amount but you are also very likely to experience losses in any amount. Getting profit quickly is indeed possible but it also depends on how skilled a trader is in taking advantage of every situation that occurs in the market, and on the other hand it is useless if you often succeed in making a profit in a short time but on the other hand you do not have a good way to minimize the possibility of excessive losses.

So there are two important things to consider especially for a new trader, the first is learning how to make a profit, it doesn't need to be fast and it doesn't need to be in large amounts, the point is that it looks realistic and in accordance with the amount of capital you have in the sense that if you have small capital then try to only seek small profits by trading using small amounts, because the most important thing is to be consistent, and the second is to learn various things that lead to risk management such as controlling emotions and also being responsible for all decisions you have made especially when you experience losses.
Getting profit in trading will not be too difficult if you want to learn.

[shawonngp]

Day trading is like some who needed a instant profit, and what someone who ventures into day trading does is to make a quick profit and go out from the market, why long-term trading is determined by the future you in a particular coin you want to invest, most of the people that venture into day trading always have the vision of making small profits why people who invest for long-term kind of investment is expecting a large profits, this two trading methods you mentioned you most have objectives that's you to choose one, but newbie doesn't know why they chose a day trading or neither long-term trading

Someone thinks they want to get quick profits, even though it is small but if it is achieved consistently then it will also grow bigger, but people forget that it does not always work, because in trading there can be profits and losses. Indeed, quick profits will be more tempting, because profits can be enjoyed at the same time, but the problem is that it is not easy.

Consistency in getting profits is the key, but back to the beginning because it is not easy then it will make people frustrated. Some people ignore the risk, they focus too much on the profit which ultimately makes many people fail in trading.

To keep consistency in profits it's very difficult, i think it's impossible to even for an experienced trader, in the crypto trading risks is higher than profits, who peoples ignore the risk they will definitely lose all of their initial investment, and such mistakes come from beginners, they thinking there are no loss in trading.

[milewilda]

Day trading is like some who needed a instant profit, and what someone who ventures into day trading does is to make a quick profit and go out from the market, why long-term trading is determined by the future you in a particular coin you want to invest, most of the people that venture into day trading always have the vision of making small profits why people who invest for long-term kind of investment is expecting a large profits, this two trading methods you mentioned you most have objectives that's you to choose one, but newbie doesn't know why they chose a day trading or neither long-term trading

Someone thinks they want to get quick profits, even though it is small but if it is achieved consistently then it will also grow bigger, but people forget that it does not always work, because in trading there can be profits and losses. Indeed, quick profits will be more tempting, because profits can be enjoyed at the same time, but the problem is that it is not easy.

Consistency in getting profits is the key, but back to the beginning because it is not easy then it will make people frustrated. Some people ignore the risk, they focus too much on the profit which ultimately makes many people fail in trading.

Of course, however and whenever trading will always be about two things, namely profit or loss, simply put you can profit in any amount but you are also very likely to experience losses in any amount. Getting profit quickly is indeed possible but it also depends on how skilled a trader is in taking advantage of every situation that occurs in the market, and on the other hand it is useless if you often succeed in making a profit in a short time but on the other hand you do not have a good way to minimize the possibility of excessive losses.

So there are two important things to consider especially for a new trader, the first is learning how to make a profit, it doesn't need to be fast and it doesn't need to be in large amounts, the point is that it looks realistic and in accordance with the amount of capital you have in the sense that if you have small capital then try to only seek small profits by trading using small amounts, because the most important thing is to be consistent, and the second is to learn various things that lead to risk management such as controlling emotions and also being responsible for all decisions you have made especially when you experience losses.
Getting profit in trading will not be too difficult if you want to learn.

There's indeed that only two possible outcome on which neither you would be able to win or lose a particular trade. In finding on what kind of trading you are really that trying to make use, then it would really be that up to you on which it will really be varying on how well you do able to make use of a certain method or ways on how to deal up with the market. If you are able to handle market volatility in a short term period then short or daytrading will really that fit out into your skills but if you cant be able to bare out the volatility on short term approach then you could always opt for long term on which it isnt really that a bad thing either.
There are really just that those people who are really that impatient and cant wait up on seeing profits on a very long time and thats why they would be opting in on making short trades.

Stick into the thing on where you do find yourself being profitable with long term trades then stick into it but if you are doing the same on short term then stick into it. People will really be naturally be staying
into those methods or ways on which they can find themselves profitable. The key on here is on how oyu would really be able to survive for long term aspect or longer runs on which we know that most traders
are really that failing on achieving such thing. Although it might be hard but doesnt mean that it would be impossible. It would really be that up to you on what are the things that you would gonna
puruse on the moment that you do deal up with this market.

[Sebas.tian]

In terms of trading, long term trading called holding is much more reliable and more likely to be profitable than short term trading. I personally don't like day trading or short term trading.  But if traded for long term especially in good currencies then it will surely bring good results in future. So I would definitely put it at the beginning when it comes to trading.

In terms of wisely investment long term might provide decent to huge amount of profits, not that much stress as you just need to place your position and wait for the target and being bothered by any market movements, unlike with short term or day trade you need to watch out and keep monitoring the market as you don't want to missed whatever opportunities you have to sell and take your profits, and aside from that you also needed to work out in avoiding losing a lot if you missed the right position.

The two are profitable in terms of trading but long term income is more huge than short term income, because the long term traders take their time to wait for the price of the coins they are holding to increase higher before they can release their coins for sale, but Short term traders don't care whether the price is high or low in the market before they can trade to make income which it will not help them to make huge income. It is very important for traders to look into the price of the market before trading their coins, because losing your coins in the market is very painful but if you set your target well as a long term trader or short term trader, you will definitely make it at the end. I think, long term trading is more profitable and reliable than short term trading, which I will prefer long term trading that will increase my income whenever I trade in the market than short term trading, because every traders is looking for  huge amount of funds to achieve.

[Fredomago]

In terms of trading, long term trading called holding is much more reliable and more likely to be profitable than short term trading. I personally don't like day trading or short term trading.  But if traded for long term especially in good currencies then it will surely bring good results in future. So I would definitely put it at the beginning when it comes to trading.

In terms of wisely investment long term might provide decent to huge amount of profits, not that much stress as you just need to place your position and wait for the target and being bothered by any market movements, unlike with short term or day trade you need to watch out and keep monitoring the market as you don't want to missed whatever opportunities you have to sell and take your profits, and aside from that you also needed to work out in avoiding losing a lot if you missed the right position.

The two are profitable in terms of trading but long term income is more huge than short term income, because the long term traders take their time to wait for the price of the coins they are holding to increase higher before they can release their coins for sale, but Short term traders don't care whether the price is high or low in the market before they can trade to make income which it will not help them to make huge income. It is very important for traders to look into the price of the market before trading their coins, because losing your coins in the market is very painful but if you set your target well as a long term trader or short term trader, you will definitely make it at the end. I think, long term trading is more profitable and reliable than short term trading, which I will prefer long term trading that will increase my income whenever I trade in the market than short term trading, because every traders is looking for  huge amount of funds to achieve.

Short term traders most of the time already have certain target and they will execute that target each time they position their trades meaning to say that it won't be that huge compared with long term investors who take time and wait till they harvest the fruit of their success, most of them waits till they reached the very pick of the bull and execute with a huge amount of profits

[tvplus006]

...I think, long term trading is more profitable and reliable than short term trading, which I will prefer long term trading that will increase my income whenever I trade in the market than short term trading, because every traders is looking for  huge amount of funds to achieve.

A lot depends on how much time you can devote to trading. And if you really have very little free time left, then you should not even try day trading, but focus on the long-term, which will require a minimum of time from you.

[bigmanik]

Although Cryptocurrency as a whole involves risk in one way or the other we can not deny the fact that day trading is very risky
Day trading involves you buying or selling your crypto pairs within a single day with the aim of having a quick profit
Note that these trades do not last overnight except in some cases and trades are usually within minutes or hours and using your technical analysis to determine or predict where the market will go to
Some strategies that day traders may use include quick scalping, trend riding and news based trading
Day trading have some disadvantage of its own which includes high market volatility,stress emotionally and it requires more of you attention and time
On the other hand long term trading involves holding positions for a very long period of time these trading may take days,weeks,months and in some cases years
It has lower volatility,requires less of your time and attention etc
But for people who don't have much capital and are looking to make a quick increase in there income I will advice you to go for day trading
Well this is in my opinion
I'm open to corrections

[smelody]

Day trading is like some who needed a instant profit, and what someone who ventures into day trading does is to make a quick profit and go out from the market, why long-term trading is determined by the future you in a particular coin you want to invest, most of the people that venture into day trading always have the vision of making small profits why people who invest for long-term kind of investment is expecting a large profits, this two trading methods you mentioned you most have objectives that's you to choose one, but newbie doesn't know why they chose a day trading or neither long-term trading

Someone thinks they want to get quick profits, even though it is small but if it is achieved consistently then it will also grow bigger, but people forget that it does not always work, because in trading there can be profits and losses. Indeed, quick profits will be more tempting, because profits can be enjoyed at the same time, but the problem is that it is not easy.

Consistency in getting profits is the key, but back to the beginning because it is not easy then it will make people frustrated. Some people ignore the risk, they focus too much on the profit which ultimately makes many people fail in trading.

To keep consistency in profits it's very difficult, i think it's impossible to even for an experienced trader, in the crypto trading risks is higher than profits, who peoples ignore the risk they will definitely lose all of their initial investment, and such mistakes come from beginners, they thinking there are no loss in trading.

One should stick to alternative income systems rather than considering trading as a profession due to its riskiness. Trading can sometimes give you high profit and also high risk so it is better to invest with caution and patient.

[Woodie]

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.

Making this choice depends on how much time you have looking at the screen to do your analysis, to put it your trades and everything else..if you say you have the time then day trading is your answer so will trading be on the lower timeframe, but if you have a 9-5 then swing trading which is as good as long term trading will be your preferred trading style.

Which do you prefer and think is better

Day trading for me because I don't like to be kept in the dark waiting for the unknown to happen.

[Rampagoe004]

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.

Making this choice depends on how much time you have looking at the screen to do your analysis, to put it your trades and everything else..if you say you have the time then day trading is your answer so will trading be on the lower timeframe, but if you have a 9-5 then swing trading which is as good as long term trading will be your preferred trading style.

Which do you prefer and think is better

Day trading for me because I don't like to be kept in the dark waiting for the unknown to happen.

The right choice for a trader, whether long term or short term, really depends on the time we devote to an analysis and whether or not it is feasible to make a profit. Placing highly volatile trades is very risky for traders who continue to hunt for short-term profits. In this case, we can conclude that we need to be prepared for the right time in making decisions before trading some of which traders must have, which character they want to choose, then follow developments in detail.
I keep some coins in the long term to avoid crashes and not leave opportunities for trends for short-term profits. Current market changes must be alert before we really get up.

[rhodelmabanal]

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

The answer is do both of them while holding for a long term you can also do day trading it is better to do both than doing one of them you can benefit both holding and day trading depending on the strategy and the patience than you put on it, in crypto there are slow moving and fast moving coin base on its price i suggest bitcoin fro long term holding and select your best altcoins for day trading by this kind of strategy you can earn in short term and long term.

[Etranger]

Day trading for me because I don't like to be kept in the dark waiting for the unknown to happen.

I also prefer day trading, although I wouldn't say it guarantees transparency and the absence of uncertainty, it also keeps you in the dark from time to time. In day trading, unexpected price spikes often occur, even if they are only short-term. This can be misleading, causing impulsive decisions. For example, during longer time-frame trading, these spikes would simply be ignored or unnoticed, whereas on a shorter time frame, they influence the actions of a trader.

[ndutndut]

...I think, long term trading is more profitable and reliable than short term trading, which I will prefer long term trading that will increase my income whenever I trade in the market than short term trading, because every traders is looking for  huge amount of funds to achieve.

A lot depends on how much time you can devote to trading. And if you really have very little free time left, then you should not even try day trading, but focus on the long-term, which will require a minimum of time from you.

Actually, both strategies can be profitable if applied correctly and consistently. So we don't need to argue at length about the two strategies that we will use, the most important thing is as you said if you do have a lot of free time using a daily strategy also doesn't hurt if you don't have free time long term good choice. What needs to be remembered is that our goal in trading or investing is to seek profit. No matter what method you use, if you can make consistent profits both daily and long term with a satisfactory percentage, that's the best method.

Daily or weekly trading may be more profitable in volatile markets, while long-term trading may be more profitable for the future. The point is that it all comes back to each individual in considering the trading style you like and whether it is suitable for short-term or long-term trading. But what is certain is that the psychology of short-term trading makes you restless, uneasy and so on. this is very different when you choose to go long term, your psychology will be different and can be calmer.

[tottong]

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

It depends on each person because for those who do not understand trading will try to buy for the long term.
But you have to differentiate holding from day trading because both have their differences.
Day trading is a bit harder because one needs to understand technique, risk management and discipline when making decisions and there may be many other things to consider.
Trading is a bit more complicated to execute when one does not have good skills.

It is subjective between the two when viewed from different abilities because not everyone has the ability to execute trading and vice versa people understand investing better.

[EarnOnVictor]

Day trading is like some who needed a instant profit, and what someone who ventures into day trading does is to make a quick profit and go out from the market, why long-term trading is determined by the future you in a particular coin you want to invest, most of the people that venture into day trading always have the vision of making small profits why people who invest for long-term kind of investment is expecting a large profits, this two trading methods you mentioned you most have objectives that's you to choose one, but newbie doesn't know why they chose a day trading or neither long-term trading

Someone thinks they want to get quick profits, even though it is small but if it is achieved consistently then it will also grow bigger, but people forget that it does not always work, because in trading there can be profits and losses. Indeed, quick profits will be more tempting, because profits can be enjoyed at the same time, but the problem is that it is not easy.

Consistency in getting profits is the key, but back to the beginning because it is not easy then it will make people frustrated. Some people ignore the risk, they focus too much on the profit which ultimately makes many people fail in trading.

To keep consistency in profits it's very difficult, i think it's impossible to even for an experienced trader, in the crypto trading risks is higher than profits, who peoples ignore the risk they will definitely lose all of their initial investment, and such mistakes come from beginners, they thinking there are no loss in trading.

The right money and risk management are key here, if this could be calculated well and used with a good trading system and plan, I see no reason why making consistent profits in the market would be difficult. Also, a trader's psychology matters a lot because it's a thing to plan to trade in a way but it's another to adhere to it. Most traders are not just psychologically stable and would always be style-drifting which is not good in the world of trading. The best traders would stick to what they know and if they've not gotten the right system, they should rather continue training and never call themselves a trader until all is sorted out.

[irhact]

Most traders are not just psychologically stable and would always be style-drifting which is not good in the world of trading. The best traders would stick to what they know and if they've not gotten the right system, they should rather continue training and never call themselves a trader until all is sorted out.

Not having the right psychological mindset is going to set you back as you want to become a trader some individual fail to see trading as a serious business that need lots of attention. Some individual see trading as gambling and they just make their bet on trades then hope that it is going to give them profits. Majority of the traders are in loses as they think they don't need to learn how to trade before they can begin. Day trading can work for some traders but it won't work for everybody as not everybody can be mentally strong to trade again without emotions after losing the previous day. Long term trading is a little bit like investment therefore this has to favour more individuals to make profits.

[Fredomago]

Most traders are not just psychologically stable and would always be style-drifting which is not good in the world of trading. The best traders would stick to what they know and if they've not gotten the right system, they should rather continue training and never call themselves a trader until all is sorted out.

Not having the right psychological mindset is going to set you back as you want to become a trader some individual fail to see trading as a serious business that need lots of attention. Some individual see trading as gambling and they just make their bet on trades then hope that it is going to give them profits. Majority of the traders are in loses as they think they don't need to learn how to trade before they can begin. Day trading can work for some traders but it won't work for everybody as not everybody can be mentally strong to trade again without emotions after losing the previous day. Long term trading is a little bit like investment therefore this has to favour more individuals to make profits.

Yeah and that's not a small numbers of people who take trading in same way they are treating gambling, thinking that by luck they'll be able to manifest and earn decently.

Without doing your DYOR and taking time to learn deeper it would be a hard journey to you, there are instances that you will mistaknely anticipate the outcome but if you use that experienced a learning steps , you'll be able to adopt and sooner or later you'll be able to decide whether to take a certain asset for short term trade or for long term trade,.

[Dewi Aries]

Not having the right psychological mindset is going to set you back as you want to become a trader some individual fail to see trading as a serious business that need lots of attention. Some individual see trading as gambling and they just make their bet on trades then hope that it is going to give them profits. Majority of the traders are in loses as they think they don't need to learn how to trade before they can begin. Day trading can work for some traders but it won't work for everybody as not everybody can be mentally strong to trade again without emotions after losing the previous day. Long term trading is a little bit like investment therefore this has to favour more individuals to make profits.

Yeah and that's not a small numbers of people who take trading in same way they are treating gambling, thinking that by luck they'll be able to manifest and earn decently.

Without doing your DYOR and taking time to learn deeper it would be a hard journey to you, there are instances that you will mistaknely anticipate the outcome but if you use that experienced a learning steps , you'll be able to adopt and sooner or later you'll be able to decide whether to take a certain asset for short term trade or for long term trade,.

Trading that is done like gambling is usually or most likely done by traders who do not have the right knowledge about what and how the world of trading really is, as you said that they only rely on luck in seeking profit, meaning that it is clear that they do not know that in trading the opportunity for profit always depends on how much knowledge you have and how skilled you are in executing the market.

On the other hand, as we know, it is not uncommon to see traders who end up failing in the sense that their involvement in the world of trading actually makes them lose a lot of money instead of making money, and most likely they are traders who treat trading like gambling because they do not want to learn various knowledge about trading or maybe even because they do not know that the opportunity for profit always depends on skill.

[hyudien]

Not having the right psychological mindset is going to set you back as you want to become a trader some individual fail to see trading as a serious business that need lots of attention. Some individual see trading as gambling and they just make their bet on trades then hope that it is going to give them profits. Majority of the traders are in loses as they think they don't need to learn how to trade before they can begin. Day trading can work for some traders but it won't work for everybody as not everybody can be mentally strong to trade again without emotions after losing the previous day. Long term trading is a little bit like investment therefore this has to favour more individuals to make profits.

Yeah and that's not a small numbers of people who take trading in same way they are treating gambling, thinking that by luck they'll be able to manifest and earn decently.

Without doing your DYOR and taking time to learn deeper it would be a hard journey to you, there are instances that you will mistaknely anticipate the outcome but if you use that experienced a learning steps , you'll be able to adopt and sooner or later you'll be able to decide whether to take a certain asset for short term trade or for long term trade,.

That is a mistake that we often hear and find in trading, how people think that trading is easy, even without knowledge they can do it. It may be true that without knowledge we can trade, but if it is like that, what is the difference with gambling? Well, let's not trade by relying only on luck because if it is like that, it is better to gamble. In trading, a profit can be obtained if we have knowledge and added with experience.
We must straighten out our mindset from the start, don't let it affect us in doing something. Maybe for people who are already in this room will definitely understand this, but this is intended for beginners who have just entered the trading room, of course this is also a reminder for us, especially for me.