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What kind of traders are you? Daily or long term?

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Traders are two types of daily and long-term traders
A daily trader who is looking to buy when the price falls and sell on the rise for quick daily gains and although it may be few, it may suit some
The second type is a long-term trader who buys to hold for sale when prices are high
What kind are you and why do you prefer this type?

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6 hours ago, Crypto123 said:

Traders are two types of daily and long-term traders
A daily trader who is looking to buy when the price falls and sell on the rise for quick daily gains and although it may be few, it may suit some
The second type is a long-term trader who buys to hold for sale when prices are high
What kind are you and why do you prefer this type?

I am a kind of day trader when there is an opportunity to make a profit then call me in. This strategy is better than holding too long waiting for nothing it is best to have profit even little. 

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I don't have much time, because I have to work so I'm more inclined to have a long term trader, because I don't need to observe changes in prices every day.

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I have always been a day trader and thats because I found it to be more profitable than regular hodl..when you're trading daily you can increase your profits but also risk losing more.

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6 hours ago, Crypto123 said:

Traders are two types of daily and long-term traders
A daily trader who is looking to buy when the price falls and sell on the rise for quick daily gains and although it may be few, it may suit some
The second type is a long-term trader who buys to hold for sale when prices are high
What kind are you and why do you prefer this type?

I am not yet experienced with this trading thing but I think I would prefer the former one, daily trader. I maybe a daily trader if there are coins which are always increasing to sell and some which are decreasing just to buy. And if the market of a coin is just almost stable for a week, I will just hold that.

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if i prefer as a traders daily , i can get profit every day , and also pay attention to current conditions when i become daily traders i always check market movements when all coins are down i will immediately buy and sell at a high price .


 

 

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Just now, lodevens said:

bro i take the trading in the long term then why i ask that its not easy to do this 

You meant for you long term trading is not easy and i think why its not easy for some people the long term trading because the predicting future price is very hard for them .

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I think this also depends on the person, if you dont have enough knowledge in crypto trading then holding for long term is the best option for you. but if you have already enough knowledge in the crypto trading then day trading can really give you profit. 

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16 hours ago, Crypto123 said:

Traders are two types of daily and long-term traders
A daily trader who is looking to buy when the price falls and sell on the rise for quick daily gains and although it may be few, it may suit some
The second type is a long-term trader who buys to hold for sale when prices are high
What kind are you and why do you prefer this type?

I prefer both.

I choose a cheap coin for my daily trade such as ADA, XLM, those coins is suitable for me, even if the capital is small or large, I think it is very profitable.

For a long-term trade I choose BTC, ETH. Hold those coins is more profitable rather than for daily trade, I think it's because of high price and the market movement is faster. With low-mid capital is not suitable.

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15 hours ago, Dragon slayer said:

I dont believe that daily trading is a good way to get profits from trading and i think that the long term trading is the best option 

You need just to buy a coin that you think its profitable and wait for the results

At first I believed in daily trading but after my personal experience I agreed with you, yes, daily trading can give a few profits but does not give you good profits, while long-term trading is very good profits.

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Usually, I am not a trader but I think daily trading is best for making profit due to here you didn't need to wait a long time just like holding in a coin. So, for that, we can make profit daily basis.

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Basically i am not a traders but i think daily traders better than long term traders & i believe daily traders making you profitable.

Edited by Md. Sabbir Raihan

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15 minutes ago, Md. Sabbir Raihan said:

Basically i am not a traders but i think daily traders better than long term traders & i believe daily traders making you profitable.

Of course this is your personal opinion and I respect it, I was like you at the beginning but after many bad experiences and found that long-term trading is the best, of course everyone has his circumstances and status and choose the trade that he likes and all depends on personal experience.

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On 11/29/2019 at 5:08 AM, Crypto123 said:

Traders are two types of daily and long-term traders
A daily trader who is looking to buy when the price falls and sell on the rise for quick daily gains and although it may be few, it may suit some
The second type is a long-term trader who buys to hold for sale when prices are high
What kind are you and why do you prefer this type?

Actually if you want to be classified, there will be more than two types of trading types.

 

I prefer daily-trade, as you say regarding daily profit no matter how small the profit is, as long as it's certain and not waiting for uncertainty. Maybe I also fit in on long-term trades, because maybe when prices go down I'm more likely to hold and wait for prices to go up.

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On 29.11.2019 at 02:08, Crypto123 said:

Traders are two types of daily and long-term traders
A daily trader who is looking to buy when the price falls and sell on the rise for quick daily gains and although it may be few, it may suit some
The second type is a long-term trader who buys to hold for sale when prices are high
What kind are you and why do you prefer this type?

Most of the time I trade short-term orders. Of course the profit is small and also a small loss. And some coins just i hold for the future until the price rises.

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On 11/29/2019 at 11:29 AM, Agios said:

I don't have much time, because I have to work so I'm more inclined to have a long term trader, because I don't need to observe changes in prices every day.

It is your right to choose to work to prioritize being a long-term trader rather than observing changes in prices every day because you already have a real busyness, so you don't really observe changes every day and most importantly for you it knows that prices are still stable if only trade can be made.

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I am not trading but according to my knowledge, I think daily trading is best where you can make a profit daily basis which is better than long-time trading

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Mainly I do both . I do long term trading for btc and short term trading for web coin. I buy web when the price is slightly low and sell it when it is high but I hold btc for a huge profit.

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Just now, Akbor said:

Mainly I do both . I do long term trading for btc and short term trading for web coin. I buy web when the price is slightly low and sell it when it is high but I hold btc for a huge profit.

but in short time of trading you will gain very good benefits because the price of bitcoin was yesterday high and those are selling it on that time they are got good profit.

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I have consistently been an informal investor and that is on the grounds that I saw it as more productive than normal hold .when you're exchanging every day you can build your benefits yet additionally hazard losing more. What's more, on the off chance that I incline toward as a brokers day by day , I can get benefit each day , and furthermore focus on current conditions when I become every day dealers I generally check showcase developments when all coins are down I will promptly purchase and sell at a significant expense .

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5 hours ago, sdsonjoy50 said:

I have consistently been an informal investor and that is on the grounds that I saw it as more productive than normal hold .when you're exchanging every day you can build your benefits yet additionally hazard losing more. What's more, on the off chance that I incline toward as a brokers day by day , I can get benefit each day , and furthermore focus on current conditions when I become every day dealers I generally check showcase developments when all coins are down I will promptly purchase and sell at a significant expense .

Your words are true in terms of monitoring prices on a daily basis and see the daily movements and so on, but on the other hand, price fluctuations may cause fear in some people and fear the decline in the price and may sell at a loss. Long-term trading also gives you the opportunity to do your other business without having to sit in front of the price chart all the time.

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i do both of them. i spare my funds for long-term investments and daily trading. so while i wait my investment to give me some profit, i trading some coins everyday, it give me daily profit too, so i think it worth to do.

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Day by day and long haul exchange both are goods.If you have less information you should exchange for daily.Or in the event that you have great information about exchanging you can exchange long time.It relies upon you.How numerous information you have about exchanging.

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I'm neither a daily nor a long term trader. In fact, I'm somewhere in between. Since I don't have a big investment, I can't take the risk to do daily trading because I may lose money due to high fees and extreme volatility. I also don't hold my coins more than a few months because I need to withdraw my profit to pay for my daily expenses. So, I call myself a calm mid-term investor to be exact! Whatever I do in my trading, I do it the safe way. I only choose the least risky path and don't do anything to put my investment in danger. I only invest in bitcoin for the time being because I believe it is the most reliable coin for non-professional investors like me.

But I plan to try both short and long term trading as soon as I increase my investment upwards of $1000.

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In the specific case of bitcon, I would say in the long term. Because it is considered

digital gold and therefore in limited quantity, its value will continuously increase. It is a crypto commodity for me.

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