Post
Topic
Board Trading Discussion
Re: what kind of trading will suit for me?
by
kennen1113
on 09/08/2019, 14:48:24 UTC
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.
day trading might be good for those of you who want to profit quickly with profits every day even every hour. but know that short-term trading takes up more of your time
it is true that daily trading is great for getting results every day because now many coins have increased every day so that daily trading is also suitable for you this year. but if you want to get big profits you better choose the top 5 coins to hold in the long run
But one thing is clear that we do not have a factor or a reason to help us believe that we will make a big profit through the long-term hold of the top 5 coins, although the results in the past may be a proof but we are talking about the future, a small past cannot express the future. Especially in the present time, the market's rate of change is so fast, the only thing I think about is that we should make money every day or short term, depending on skills and experiences already available, each person will be a separate road