Post
Topic
Board Trading Discussion
Re: Long Term VS Daily Trading
by
doomloop
on 15/11/2019, 09:39:49 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.

Relying on experts is not good, it is wise and better if we will have our own way of analysis, although, sometimes we need to have the opinions of some experts especially those who are trusted one, who are giving real score, real analysis, signal, and those who are stating the advantage and disadvantages if ever you would like to take risk on it.

We can't learn easily by doing on our self in which we need a proper guidance by those a lot of experience people around us. If we try to analyze on the long term it really takes time to wait and must a lot of patience you have. On the other hand of daily trading it needs much more time as you always monitor it every now and then. So much better, hear some advices for those users here in crypto currency community.
If you want to have less stress in trading then go for long term because you don't need to check the prices everyday in order to be updated for the movement of the altcoin or cryptocurrency that you have invested in. Long term trading is for people who don't have time to be active in the market and it is also like investing but the only difference is you have a shorter holding time compare to investors.
Totally a matter of personal preference. If someone is a bit lazy but clever one, he should go with long term trading. That will save him the trouble of checking the changing prices every other moment. However, his holding must be a potential one like bitcoin so that his wait will not become a waste eventually. Short term trading is the better one and hectic one too. Within short time, trader can earn more.