Post
Topic
Board Trading Discussion
Re: Long Term VS Daily Trading
by
mobilestrike
on 06/11/2019, 17:26:20 UTC
Long-term cryptocurrency is better than day trading. Look at the statistics: almost all day traders lost a deposit, but scammers were able to increase their fortune tenfold

Long term holding is less stressful then day trading, but holding cant be interesting as day trading. I have fun, I never risk more then I can lose, so it always interesting, even if I lose some money.
Scammers are everywhere, that's why you should trade only with top coins, the ones with high volume. If you trade with any shit coin you come across, its very possible for you to lose your money on pump and dump scheme! So be careful where you trade, with which coin you trade and you will not have problems with scammers.
There are different timings we see in the crypto market in which we have to act according to the condition as if in the market if most of the coins are in upward rally then we have to do day trading in which we earn confirmed income if we sell before any fall of the price while if we are not in rally then we have to invest either in high ranked coins or have to stay updated with all coins and have to invest in that particular coin in which there is any great news or development coming from the developers of the coin.