Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Yette on October 04, 2018, 04:31:23 PM
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Can someone give me a simple explanation about this two? Is there any other trading method out there? As i search the meaning of it, its becoming more confusing.
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Can someone give me a simple explanation about this two? Is there any other trading method out there? As i search the meaning of it, its becoming more confusing.
I am very careful in making an investment with cryptocurrency due to its volatile characteristics and i don't want to rush because it may risk my investment capital.
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If the daily trader tends to trade income every day he gets. As for long-term trading, he trades and stores his coins for a long time and while waiting for the price of coins to rise optimally. If in terms of profit, it is greater in the long run than short-term trading like daily. That's the difference in my opinion.
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Can someone give me a simple explanation about this two? Is there any other trading method out there? As i search the meaning of it, its becoming more confusing.
I think there is no day trading and long term trading, because this like buy and sell when the price reach your target, so you will be get the profit after you sell it.
For the example ; at this time, you buy Coin A in price : $1 and you have planning to sell it around one month later because your planing is long term trading, but
tomorrow the price reach your target price, maybe $1.5. Would you like to hold it untill one month? I think you will sell it.
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of course I prefer to do long-term and short-term trading because that can all benefit me.
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Can someone give me a simple explanation about this two? Is there any other trading method out there? As i search the meaning of it, its becoming more confusing.
I think there is no day trading and long term trading, because this like buy and sell when the price reach your target, so you will be get the profit after you sell it.
For the example ; at this time, you buy Coin A in price : $1 and you have planning to sell it around one month later because your planing is long term trading, but
tomorrow the price reach your target price, maybe $1.5. Would you like to hold it untill one month? I think you will sell it.
I better agree that your opinion is unpredictable because the movement of the graph is very confusing to be predicted ..
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What I understand on day thing is a short time period while lang term trading is buying a coin for long time hold. Not so sure on this but you can use YouTube for the best.
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If I use both. Whether it's daily or long-term trading. Because I am following the market trend that is currently developing in accordance with the conditions of its users as well. But currently more long-term trading is used, due to crypto market conditions which are not very possible to trade daily.
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You have done it exaclty as it was put out there for research. There is no other way of trading. In my opinion it is better and exciting to do daily but in these conditions that are we in bear market it is better to do long term trading. When time comes it is opposite for better.
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Can someone give me a simple explanation about this two? Is there any other trading method out there? As i search the meaning of it, its becoming more confusing.
Long term trading is like investment, you buy the coin and sell it in the future while day trading you buy that coin today and you will also sell it today this is more likely to be done at altcoins because most of the time price of altcoins changing rapidly
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Day trading, all buying and selling takes place within one trading day. Day traders make money on short-term asset price fluctuations.
long-term trading, such investing ranges from weeks to years, even decades. One caveat: Day trading is riskier than long-term trading, but the potential gains are greater.
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It all depends on your passion, and you should try both, I guess. if you want to get a daily profit, of course being a day trader is the right choice, but you should not use all your capital for example divided into 3 parts. and if you want to be a true holder, choose coins that are good for the long-term
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Day trading is like you buy now and sell tomorrow we call it short-term, while long term trading is investing ranges from weeks to years, even decades. like you plant a coconut after 10 years when it start to make a coconut palm it is your time shine.
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Day exchanging, all purchasing and offering happens inside one exchanging day. Informal investors profit on here and now resource value variances. Long haul exchanging, such contributing reaches from weeks to years, even decades. One admonition: Day exchanging is less secure than long haul exchanging, yet the potential increases are more prominent.
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Can someone give me a simple explanation about this two? Is there any other trading method out there? As i search the meaning of it, its becoming more confusing.
I think there is no day trading and long term trading, because this like buy and sell when the price reach your target, so you will be get the profit after you sell it.
For the example ; at this time, you buy Coin A in price : $1 and you have planning to sell it around one month later because your planing is long term trading, but
tomorrow the price reach your target price, maybe $1.5. Would you like to hold it untill one month? I think you will sell it.
I better agree that your opinion is unpredictable because the movement of the graph is very confusing to be predicted ..
if I trade, I don't expect much profit, but there is enough difference from the purchase value of coins and selling coins that is enough and I do it again by buying cheap coins and reselling it above the purchase price, doing it continuously, I think the results will be the same as people who expect big profits may even be our results higher than them.
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My assumption:
Daily trading mean that we trade and define sell target till the situation of the market reach price we want. But usually the profit I think not big.
Long-term trading mean that we trade our crypto and usually the sell target bigger than daily trading. And this trading activity like hold I think.
#cmiiw
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You can get profits in both of them. If you have a good idea about the two. When you get good knowledge in both of you, it will be easy to make your decision. Both are good for me. Because I get good profit from both. But my advice for you is day trading if you are new.
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Day trading is when the individual decides to monitor the price of a coin and buys some of it so that he sells them out as soon as the prices rises for him to get profit. Long term trading is buying and holding for long term to accumulate enough profit
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In daily / short-term investments is trading coins that promise profit in a short time. Where this investment has a low risk of loss.
for example, we buy coins when prices go down and we sell again when prices rise in short time intervals without seeing the large or small profits obtained
While long-term investment is that we buy coins at very cheap prices to store for a long time and we sell them again when the market is stable
In this investment we need to be careful in looking at the market, if you are not careful you will experience time loss even material loss
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Day traders usually follow the pump and dump trend. They do not really care about the sustainability of the project, all they care about is the profit they will get. Long term investors buy the coins and hold to accumulate much profit from their investment
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I will do both long-term trading and short-term trading because I know trading in crypto currency will always be profitable
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My assumption:
Daily trading mean that we trade and define sell target till the situation of the market reach price we want. But usually the profit I think not big.
Long-term trading mean that we trade our crypto and usually the sell target bigger than daily trading. And this trading activity like hold I think.
#cmiiw
I just have some add in:
Day trader mean you open order and take profit in 1 day, the range profit here not fix and can be very small, like 4-5%. The purpose here is you get in and out in 1 day, so your fund is safe no matter the market up or down after that.
Long term hold only suitable for big fund and for those don’t have time to watch chart all day. In this method, the profit range is alwat higher, about 10% when you take profit.
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day trading is trading with short-term profit targets usually no more than 5% and this is done by quickly seeing current market trends, long-term trading is usually called long-term investment because we buy coins that are very potential and we determine the high profit target above 30% and this is usually achieved with quite a long time
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Day traders usually trade regardless of the market condition. The do not really care whether the crypto is on a downward or upward trend. They trade base on market fluctuations every minute and/or every hour.
Long term trading is like accumulating coins everytime the price drops to the floor. Accumulation time usually happens for months. Then they sell their huge holdings at an appropriate time.