Post
Topic
Board Trading Discussion
Re: Day trading or Long term
by
AnonBitCoiner
on 24/03/2024, 11:45:43 UTC
after entering the world of trading, i prefer long-term compared to day trading. because with long-term, i can get profits with more certainty (especially on bitcoin investments) and i don't need to set a trading strategy and don't need to determine the exit point every day. so because long-term is more attractive and suitable for me, i can say that long-term is the best choice.

Long term investment is better because you will not loss daily losses and your money will be saved until you received your desire reward. In case of long term holding people often feel less emotional and they can easily take right decisions because they don't have burden and are less pressurized as compared to day traders.

Once you utilize your money then you will not be afraid of losing it if you know that each dump is just for few days or months and condition will become profitable again but it will be possible only with the help of patience.