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.
I don't recommend day trading for newbies because it is risky and it takes a lot of experience, skills and knowledge about trading that you are good in predicting the market and you need to watch the charts all day. Unlike in long term trading even it is not fast enough to make you a good profit, it is still a low risk for you to experience a huge loss.
Indeed and also newbies most likely to be not into trading right after they enter the crypto world and yes it requires skills which can only be obtained through experience, yes you can search about how to do it but having it experience on your own is a lot more better. Newbies tends to stick on campaigns first when they first enter the crypto world because it is easier and only requires knowledge about the cryptocurrency and blockchain so for newbies go for long term and then while you wait for a price pump do some reaserch and study cryptocurrency deeper.