Post
Topic
Board Trading Discussion
Re: Long Term VS Daily Trading
by
arwin100
on 13/11/2019, 05:50:20 UTC
in my opinion daily trading is still the best, why do I say it is still the best because as my own experience originally wanted to trade long-term, after making a profit that's where the feeling of lacking will accompany. and finally feel less continue until finally the profit is reversed into a loss. different from daily trading has ensured the profit we want to get.
Whether it is day trading or long term trading, one shall always set some goals according to the predictions of experts and the potential of the coins you are holding. Of course if in long term trading you is not withdrawing profit in surge just to see the maximum amount a coin can reach, and then it is your fault not of long term trading. Short term trading generates continuous profits but far less than long term trading.
Yes if you are trading for a day or for the long term but you will have to learn it well and know the right time for trading. I am new in trading and I don’t know much about trading so I believe in long term trading it contains less risk than day trading.  For long term trading, I get a chance to learn to trade and get profit as trading without knowledge is lose.
I hope you are not misinterpreting long and daily long-term trading, for example in the example of Bitcoin in December 2017 the price reached a range of $19,000 then you already bought at that time and expect long-term trading to be hold until now at $8700, is that what you call a risk small? no bro ... remember basically trading both long term and short term has a big risk.

Agree since trading is not about long term it's about taking the profit whenever you see a good opportunity to accumulate the profit and I believe the one he mention is holding not trading since there are so many technicalities regarding on matter. But we cannot blame people to think like that since not all of the people can understand the real essence of trading and newbies always though that it's easy process but in reality it's hard as shit since if you analyze the situation and bought then hold for more longer months the same scenario you've given will surely come and they will lose their hard earned money for that.