Quote from: Dr.Osh on August 12, 2024, 02:05:38 PM

Quote from: Sakanwa on August 02, 2024, 09:48:46 AM

Long term trading has always been a preferred choice for me, because I know the risks involved in day trading and how it has affected many lives who engaged in it.Day trading is something we wish to comprehend and know the strategies to use in tackling it,but if you want to make profit,the best option to me is holding it for a long term,and making sure the investment done is on a profitable and promising coin, because there are coins that will just stall without it bringing out a good result.
Therefore,holding is the best to me,and it is only long term holding I can endulge in.

well, I think, most people who are serious about trading will choose to trade in the long term. There are many advantages to this, and one of them is being able to maximize profits. Actually, day trading also has advantages, but it is very difficult to make optimal profits. However, I prefer to trade in the long term, but it all depends on the situation. Being flexible might be better.

But patient is everything in trading to make profits or losses, definitely i would like to trade in the long term, it's more safest trading and maximum profits is possible. Day trading is not for everyone, it's very risky, high pressure and high chances to make wrong trades, so a lot of stuffs you need control. In the long term trade, a big advantages is you have high chances to get enough profits to leave a project.