Long Term or Day Trading?

[pelana vreo]

For beginners who want to try to trade I suggest learning a number of factors, such as the risk they will get if they trade, holding coins is easier for beginners, because they can wait for the right time by always looking at the market situation of the coins they hold If I trade every day, I suggest getting a low price on the DEX exchange and reselling it at a centralized exchange at the price they want.

[Watcher]

if we don't really understand the crypto market, it would be better if we choose a long-term investment. doing day trading is not an easy thing because less time is needed and it will make us have to be more careful in choosing the right time to sell or buy crypto.

[boyknightvn]

In my opinion, if you have a lot of money and experience you should choose day trading, if no you should choose long term investment.
But you can combine 2 method to increase your profit and decrease your risk

[justsimpleram]

I don't know how to trade so I prefer to Long term holding and that's what I'm doing right now holding my coins/tokens and wait it to pump up and I'm gonna sell it to gain profit on my investment to that coins/tokens.

[Anzal RK]

I think i choose a long term trading, because it have a low risk but with low profit.
I am afraid to start a day trading because i don't have a much skill and marketing analysis.

[gurunanakji777]

It depends on market conditions. Market does not remain same everytime so we decide on this basis whether to do day trade or long term trade. Holding long can be more profitable as compare to day trade but it also depends on your coin selection If you choose the wrong coin even you can loose too. My advice for newbies is do not be greedy whenever you are in good profit you can book the profit and close the trade do not hold it for long in hope of huge profit because sometime market reverse too.

[laughingburger]

For those who are new in ALTCOINS TRADING, what is the best advise to gain more profit? Day trading or coins holding?

In long term trading it is true that you are less stress out by what is happening in the market unless there is really a very major news if not just let it ride the wave and you are almost worried free. The bad side is that you need to take profit turning to loss and maybe profit again or an entire loss.
Day trading gives you an edge in better controlling your position but it will be more stress compare to long term as you need to monitor your trade now and then. One of the main advantage is you can go in and out swiftly.

[MOProgress]

Long term is good and day trading is also good, the only thing you will have to have some level of expertise to succeed in day trading otherwise you may loose all your investment.

[verifyme]

I prefer long term because we can be more relaxed but fortunately you will also get longer than day trading. to do day trading we must be able to analyze the market well so we can choose the right time to sell or buy crypto.

[Bobcrypto]

I think both depends on experience on the market. Day  trading involves making trades that last for seconds or minutes, taking advantage of short-term fluctuations in an asset's price. While, long-term investing consists of making trades that stay open for months, and often years. These are buy-and-hold trades, rather than quick, buy-and-sell-trades.
The decision-making process for a day trade can be quite different from a long-term investment with different skills and, in some cases, personality traits required for each.

[Delgboke]

At the look of things both of them are still good long term investment and day trading

[auns]

in my opinion, to conduct daily or long-term trading depends on the current market conditions and your knowledge of trading because to be able to get profit on trading must have a good strategy and the right time

[backfirst77]

At the time of Cryptocurrency prices are in the bearish trend now, I choose daily trading.

[cora]

each are worthwhile, but I favor to buying and selling.it may technically be worthwhile but it is always a tough factor to tug off effectively and you need to be exact at it. this means you need that allows you to are expecting the price and its motion and feature solid plans for when to shop for and whilst to sell. and on this system in case you get emotional and distracted you'll lose.

[Ankit1999999]

If you are good trader you can day trading if you are not good trader you can hold  altcoins for long time investment. I believe you can earn good profit.