Post
Topic
Board Trading Discussion
Re: Whats more profitable Day Trading or Trade for weeks
by
crypto4lambo
on 20/12/2017, 02:44:36 UTC
newbie question whats more profitable for you trading daily(5% gains) or trade for a weeks like you hold the coin for days or weeks until it price goes up 100%-800%?

Actually there is no significant amount of profit you can earn in a specific span of time. It depends on what type of trading are you more comfortable with. Why not try the two options and see it for yourself. Just start small and assess yourself what do you prefer. Take note that it doesn't a;ways mean the longer the time frame the higher the profit. It always depends on many factors. You can't always says that you can gain in day trading as it can be very risky specially for beginners. Hone your skills first and familiarize yourself with how the market moves. Day trading, mid term, or long term has its own advantages and disadvantages, it depends on you how to deal with it. And on a side note, 100% to 800% is so high. Try to lower it down. Always manage your expectations.