Post
Topic
Board Trading Discussion
Re: Daily trade Vs long trade
by
zee11225
on 18/07/2019, 12:11:43 UTC
Well, for starters, you should learn as much as possible about trading. I think you should try long term trading. To trade every day you need to have an understanding of the market and how it works and be able to choose the right coins. If you do not know how to do it, it is better not to risk.
Your opinion is very correct, because very fast price fluctuations cause daily traders to be more courageous in taking policies in choosing coins to be traded, of course following the current trend.
Unlike long-term investors, they will buy coins that are well-established and have strong fundamentals and are in a top position. This makes sense because they have very large liquidity so that short-term trading for them is not attractive, the profits are too small. But for me personally I prefer daily trading.