Quote from: gamalzour on December 13, 2018, 06:52:52 AM

Quote from: forestx on December 09, 2018, 02:01:09 PM

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

Everyone has their own strategy. If you decide to rely on the 1% daily profit, based on your skills, and its actually working for you, by the end of the month you will have accomplished about 30% or more. But a lot of people would prefer to go long term while investing, it usually works for those that are perfectly skilled in trading.

But I believe there will be no need of any special skill in trading if you go for long term investing. Yes, long term investing is the option for those who are NOT perfectly skilled in trading. With the option of long term holding, you will be able to eliminate all the risks associated with short-term trading and investing.

Making daily 1% or 2% is purely based on your skill set. If you are able to do so then definitely you can go for it. But before going for it you should understand that risks with it. If you do not want to take the risk then you should go for long term investing and not even for 30% target of monthly.

Most commonly, it would be much better to avoid daily trading. Because crypto markets are highly fluctuated one and if you go for daily trading then the chances to making losses is more than making any profits.