Post
Topic
Board Trading Discussion
Re: Day trading or Long term
by
CoinFoxs
on 12/08/2024, 15:13:17 UTC
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.


By looking on the market conditions and price fluctuation i have concluded that in this scenario short term trading is good, you can do daily or weekly trading and you will get some good profit. Long term investments are bit risky in this scenario in my opinion. I recommend bitcoin and ethereum only for longterm, buy now and wait till 2026!