I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)
There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with 10-20% profits for a cycle.So what kind of trading I have to do now
1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
edit:
Update:
I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
I think the best option is to start with Crypto-Fiat, and start with long-term medium-term trading, so you can study the market from a more general perspective and you can build positions without much stress, if you have good analysis of sure you will start to get benefits.
Short-term trading is very difficult, the odds of losing are greatly increased, scalping I think should be done with great care, and for people who have a full knowledge of the market, who knows what can happen in the 15, 5 minutes included 1 minute .. Since the idea is not to gambling but to know well what is being done, since it is money is that you will put into play.