Quote from: huige007 on October 28, 2019, 01:20:53 PM

Quote from: Karmakid on October 27, 2019, 02:04:32 AM

Quote from: rodel caling on October 26, 2019, 10:40:30 PM

Quote from: Bushrat Jahan on October 09, 2018, 05:36:19 PM

I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.

Yeah long term trader is a profitable but need to wait a lot of time to make profits unlike day trade is the best way to get an daily profits.
Then I advise with mate you need to study well and research a guide how to become day trader, time focus is very important in day trade if you lack of time just stay at long term trade do not enter into day trade your in the risk.

Day trading will require a lot of time before you can even start day trading because it is so risky because of the volatility in the market. It is good to be a position trader rather than a day trader because you don't have to be an expert in technical analysis to make profit through position trading because you just need to learn the basics of technical analysis.

Day trading is not risky, it is just a bit trickier than other forms of trading. Moreover, it is not possible to day trade without volatile coins. Trading means making money by buying and selling. Everyone tries to get an asset at low price and sell it high. If the price of an asset will remain constant, trading becomes impossible. Bitcoin is the most fluctuating one, so it is chosen by day traders.

I.wouldn't agree that day trading isn't risky. Yes, that depends on daily volatility and that exactly makes is more risky and requires additional skills. You need to know how to juggle with all this price changes on a daily basis and when and which move to make.
To my opinion for not so skilled and experienced traders long term trading is better option.