Quote from: Woodie on Today at 02:03:34 PM

Quote from: casey15 on February 09, 2024, 11:50:23 AM

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.

Making this choice depends on how much time you have looking at the screen to do your analysis, to put it your trades and everything else..if you say you have the time then day trading is your answer so will trading be on the lower timeframe, but if you have a 9-5 then swing trading which is as good as long term trading will be your preferred trading style.

Quote from: casey15 on February 09, 2024, 11:50:23 AM

Which do you prefer and think is better

Day trading for me because I don't like to be kept in the dark waiting for the unknown to happen.

The right choice for a trader, whether long term or short term, really depends on the time we devote to an analysis and whether or not it is feasible to make a profit. Placing highly volatile trades is very risky for traders who continue to hunt for short-term profits. In this case, we can conclude that we need to be prepared for the right time in making decisions before trading some of which traders must have, which character they want to choose, then follow developments in detail.
I keep some coins in the long term to avoid crashes and not leave opportunities for trends for short-term profits. Current market changes must be alert before we really get up.