Bitcoin Forum

Do you trade altcoins regularly or buy and hold them? Which is more profitable?

I do both but so far the buy and hold has been way way way more profitable but it could be I"m just not a good trader yet. Plus trading is way more stressful and way more work and you have to be 100% concentrated.

Yeah trading needs focus and also the "What if" mindset.

There are certain elements to take into consideration when you are investing in an altcoin,make sure you understand what the focus is all about and the team behind the project and they are willing to answer any queries and if they could satisfy my doubts i will invest in them,where as when it comes to trading i look at the market sentiments and take my decision.

its more profitable if you hold them after buying from ico especially when you caught some good pumped seen what happen with those known coins now if you bought them out last year like stratis and ripple, i don't know more but this two coins are now being pumped that hard and those who believes already got a lots of btc earnings.

I do trading, Nowadays many people do trading because its one way to earn profit more than usual. when it comes to trading you must focus in the movement of the alt coins you must predict every ups and downs of the alts in the future. That way you can earn a huge profit although there is a risk, the bigger the risk the bigger the profit. Do research, study the movement, and lastly trust your self and your prediction.

.

This maybe off topic but im just curious and also im new in to this. What is buy and hold? Is this the investing? So what  I do is buy and then hold and then how do you profit? ???

All profitable in terms of long-term and short-term investments, If you want quick profits in the short term you can try trading but the risk is also very great because we must be really careful in observing the movement of bitcoin and altcoin values.

Just simple trades with altcoin not holding. I don't really trust altcoins for long term investment. Holding them would not be ethical as they have tendancy to dump themselves at any time in the period. What if you have held some altcoins and they start dumping immediately, that would be your complete loss. Most of the dumped altcoins don't gain the value as devs won't go for future development sometimes. It's just possibly the case.

Buy and hold is a strategy in investing, this how it works Buy and invest while the price is low hold onto them until the price of the said alt coin will increase drastically then sell it to gain huge profit. Of course there is also a risk because not all alt coins tends to be successful. Not all alt coin increases its price so it is a risk. So better study the vision of the alt coin ask inquiry and go if you want to invest or not.

For me, I can't stick to one decision just for getting bigger profit because I'm doing both of them while I trade it regularly I have a coin where I'm holding right now until the highest price. If you would like to sell your altcoin just make sure you not regret with your own decision.

Ahh.. Thank you for the clarification :D So its like trading the only thing is its in longterm run.

I really cannot choose what to do in general.
But investing into potentially good projects and waiting is nearly everytime more profitable.

trade altcoins regularly and buy and hold altcoins is the same profitable because with trade regularly, we can make decent of profit and no one knows how much we can get that profit. as long as we can use middle capital to trade, i think our profit will become big profit too. buying altcoin and hold it is another way to make profit but we need to waited for a while.

In both cases we have good opportunities, and if you fail like day trader you will eventually become investor with large bags , and hopefully after some time you will be winner, this is WIN WIN situation.

Yes, you are right. Trading can maximize your potential earnings, at the same time, alot some money with holding & investing in some high potential coins out there. But my priority as of now is invest on time with research of altcoins. It is the best way before trading and investing on coins.

I'll do both short and long-term trade if I invest in a coin I hold half of it then do some short trade in the other half.  Both strategy have thier own advantage so it's better if you learn it both .

I do both, but it depends on my analysis of the coin. if i think it has some long term perspective, i keep buying and hold.

I do both as well. I buy and hold long term for about 70% of my portfolio, long term in this case will be more than 1 year.

30% of my portfolio is for short term trading, I take profit when the trades hit my desired prices. It can range from 1 day to less than a month.

I think investing is better than trading.
Trading is riskier than investing.
It needs lots of skill for trading.
And cryptocurrency has a value it will grow as well.
So in my opinion Altcoin investment is good.

buying and holding is best idea. I want to share my story here.

I bought bunch of Stratis in the start of this year at 6K - 7K Satoshi. Which would be around $0.06 to $0.07 . I was doing short term trade and sold all within week for 30% ROI. I though I am smart trader and generated very good profit. Looking back today after 5 months If I just hold it for few month I could have made 100X now.  Its biggest miss very hard to get another chance.

I hold and trade with the same coins.  ;D Very risky but I make good profit, for example two days ago I had 60000 XVG, I made some day trades selling them and buying them back cheaper and now I have ~80000. I'm doing this with two other coins and I make 0.01-0.03 BTC / day, but also multiplying their numbers so when they will go up, I'll have more  8)

Holding is much better because this is clearly an uptrend market, not sideways.

Also I find it very unlikely that you can make more money trading vs holding.

My favourite example is Litecoin. It went from around 4$ to around 20$ and never corrected to previous values. Not even close. Which means that if someone was trading at 4$ must have sold everything at around 5 or 6 ? They will never tell you... :)

On the other hand someone just holding a bag of Litecoins would have made an insane profit, I mean, still is.

Of corse some people do good trades, but I'd say 99,9% of the real winners are the long term holders.

Hope it helped

An easy way to think of this is:    
Trading = income   Buy & Hold = investing

Buy and hold is a passive investment strategy, often used by people that don't have the time, desire, or skill to actively manage their holdings. It is usually associated with long term savings goals of 10 - 40 years (not 10 - 40 crypto days - lol). It works best if you choose quality investments, or in the case of cryptocurrency (risky), spending only what you can afford to lose on a particular coin because you believe they will be one of the few that will be here in 10 years.

Keep in mind that only 10% of all legitimate cryptocurrency projects are going to make it, so you may be better off waiting to see if they can deliver on their promises.

The profit in a buy and hold strategy comes in the form of long term, capital gain appreciation that is not taxed until you cash out. You are often taxed at a much better rate, and in some jurisdictions there is no income tax at all on capital gains.

I do both, because sometimes after buying an altcoin he is not directly at the pump up the price, so we have to hold him some time and wait for the right time to sell it, maybe I'm not a good trader but I prefer to do both.

Both are good but nothing is predictable how the situation works because both are some altcoin investing will take the time to list in the exchanges and whereas when we buy at one price to get profit we have to wait some time in order to make profits.

I think buying and holding and buying and selling both are part of trading. Personally, I hold potential coins which have comparatively huge number of supporters and have a team of good devs so I hold them for long term trading and there are other coins which don't stay in the market for a long time I buy them and whenever I see about 10% - 20% increase in their prices I sell them

Yes I agree it will be hard to predict when an altcoin will be pumped, which in fact we have to hold it for some time and do not know how long to benefit from the altcoin we hold. We can only hope that the altcoin we run will be at the pump.

And this being said we can do both, invest a part we can acquire to lose and trade some to acompany you while waiting. Nice idea  :D

trading and investing of altcoins attempt to have profit in market but i highly prefer to invest altcoins. we all know the law of supply and demand and the time will come in when the value of altcoins will grow thus it is a full time job because it process goes fast. but investing is too risky, lets always expect that someday it will be a scam so dont hold it longer.

Do trading if you want to make short profits in short time. Buy and hold coins if you want to make huge profit but will take longer time. Short time profit has lower risks than holding. If you hold huge amount of coins and price drops badly you will suffer big.
And try splitting your investments on different coins. Lower chances of huge loss.

I more prefer to trade and holding altcoins to make some profit everyday. Investing money on ICO or etc have big chance to get a loss.

both are good,, make a research for some crypto, then make investments for longterm periode
and do daily trade with some technical analys to make a daily profit, but some times we need to cut loss, to buy on deeper price
i always do that,,  ;)

I invest in coins that have a demonstrated longterm use case in the real world. And there are only a handful of those in my opinion. All the rest are just pump & dump. But if you are a nimble trader you can make alot of money trading those short term.

Most of the time it's really unpredictable. I've bought into a few altcoins and got burnt, pretty bad (basically lost everything on them, still hold them but they're worthless). I've also passed on a few projects (mainly because of getting burnt on those altcoins). One of them? Ethereum. Yeah, regret that but hindsight is 20/20 lol.

Generally crypto market right now is looking bullish. Crypto market is still very low and will continue its uptrend with more and more people are getting enlightened. So I can say it will be better to look for coins with high potential based on their technology and platforms and consider holding it long term.

Holding is more profitable if the coin is good and if you are keeping it safe. However, I'd say it is only potentially profitable at all whereas trading is more or less actually profitable. Why? If one invested in a coin and it keeps growing in price then all one sees is just numbers. Nobody withdraws when the currency's still going up. Now, the problem is that this person sort of earns the money, but, as he/she doesn't withdraw anything, this also leads to think that it is hard to call it earning. As for trading, I guess people do withdraw money regularly from time to time, for trading is like work.

In long and middle term, altcoin investing. In short term, altcoin trading if you can really handle that.

I prefer investing/hodling.

But sometimes it changes. If I see a good opportunity I can go for short term investing/trading.
But it all depends your flexibility, the targets and the people. There is lots of variations  ;)

no one can predict both about trading or investment. you have to take the risky and i will suggest you to invest in altcoin, but need to do study first where you are going to invest you money, because there are so many coin which are dead and investing their mean just wasting money and time.

I personally prefer to hodl coins that I believe will have a great future and have a great community built up around them. I especially like those that already have real world use cases.

Sometimes I do short term trades too if all the signs are pointing to a coin being pumped, but I try not to do this very often as it is more stressful than buying and hodling. When I buy and hodl I feel confident because I have done a lot of research into that coin/token before I decided to invest in it.

Agreed and i think observance and keen reading  about altcoins is better. Even if it  a risk better be smart about it. A lot of projects are also appearing and we should pay attention to them. This is not the olden times where there are a lot of try and errors for investors and traders. It is not a waste of time and money if it is in the right place ar the right time.

Hi may I just ask.. what do we exactly do in investing altcoins? We buy and then what? Store it somewhere?

imo trading is much riskier than simply investing. Trading stocks profitably is very hard and crypto isn't different. On the other hand, holding forever is pretty strong if crypto will become much bigger. Hence, hodl.

I am doing both trading as well as holding for long time . Based on my opinion if it is not your main source of income then invest and hold for long or short time till you get your target profit . Before you invest fix the target profit once you get greedy there is chances of loosing money also.

I have read lots and lots of stories here on bitcointalk about traders that regret selling BTC or NEM or STRATIS after or some other token after a 20% to 40% gain and missed the opportunity for a 10x or 100x gain. So now I am much more careful about selling out completely out of a name even if I feel the coin is fully valued.

Recently I sold 80% of my Antshares (ANS) recently for a 20x gain and kept the remaining 20% in case it continues to appreciate. I mentioned in a previous post an investor that sold 6,000 shares of Ether at 12 and missed the run all the way to 400.

I just saw a question by ranman09 what do you do with the coins?

Well, it depends on the coin

1. BTC - use some of it to buy junior low market cap coins
2. STEEM - use some of it in my steem blog to increase the value of my uproots
3. DOGE - use it to test out new exchanges, send funds back and forth, make sure i can pull the money back out

if you're a trader you should know that trading is profitable fast but there very high risk. When long-term investment it will reduce the level of risk if you do not have the skills

I bought some coins for long, real HODLR.
This coins are within big 5.

I trade some other coins to push it.

I do really hope that we would have other backbones,
3-5 more coins?

It is not good if we only have BTC.

Is there a way for other coin,
Lets pump it!

We need another backbone

Trade altcoins ONLY with stop loss. ANY altcoin, can go to 0$ in 1 day! Exceptions may be LTC, XMR, Sia.

..and the exact reason why it can go to zero (clear whole order book) is that people are using stop losses  ;D

I has been tradding since 5-6 month.when i was a newbie in tradding i try to panic sell when dumping price.but now i accuired little experience about tradding and try to research before buy.if price dump hold them tightly. i think holding is more profitable than day tradding.

Yes to altcoin trading.
Holding in long term of altcoin is somehow risky like you never know when its downfall.
Just trading every now and then is much accepted like HODL. You can see if you're earning or not. Then you can do something about it.

When you want to make a profit in no time. Buy when on the cheap and sell at a profit gain above 5% and if you want to generate big profits above 15% will take longer. Start investing with lots of short-term coins at a slight risk of loss.

Both are almost as risky.
But if we invest in altcoin the risk of losing everything is very high.
Not same in altcoin trading, the worst risk is only lose half the capital we have.
what do you wanna go choose?

I think altcoin trade is more profitable because the rapidly changing price,to hold altcoin for long-term is very risky because altcoin is not like bitcoin, and very difficult to survive because there is many of altcoin can more potential

Altcoin investing and trading is sometimes tricky. We never know when its pump and dump so I also think trading some part of your altcoin is safer than hodl. Just be careful what altcoin you gonna choose, do some readings. Use altcoin that have potential in short term trading.

There were a lot of people I knew investing on different Alternative Currencies that exists in this kind of community. And some of them succeed by following the charts on when that particular alt will go down. Because they have a rule to buy low and sell it high. Some people are investing on xem for long term. Well me I'm just a newbie and I'm only starting to learn this things little by little.

If you believe in currency`s huge potential in any time soon, better not to trade it..
But it`s general approach..

I think there should be balance between trading and investing. You can divide your portfolio in 70/30. 70% you use for investing and long term holding and 30% you use for trading and make daily income for a living. That is my vision.

investing is letting the money work for you. Trading is you working for the money.

You can do both things on the same time. Because buying altcoins can give you more possibility to gain more because holding such massive number of altcoin really attracts potential investors that are willing to buy the product higher than the price it is supposed to be. It is also better to hold those altcoins for a while and wait till the price pump that it will make those altcoins more attractive to buyers because they can see that you are handlinga great count that they can think to be a good asset for long term hold.

I think it depends on what your definition of "long term" is. If you think you have enough patience to be able to hold when it is down 80%, long term investing might be good for you. If not, trading might be the way to go. In this crazy environment, it's hard to say.

Both equally profitable.
But if you want to make a profit without doing more work you should choose an investment.
And if you want to look for more profits you should choose trading but you should be smart to observe altcoin price market.

yes there are some good altcoins where you can invest your money, for example etherium and some other coins where you can invest your money for a long time. and if you have good experience in short term investment then there are also altcoin where the price fluctuation is too much and can give you opportunity for short term investment and making money.

i actually do both, its better to be wise when doing trading, and you might actually miss the chance to sell at high price before the coin you're holding gets dump.

For now I only buy and hold to make profit not trade. I believe this is the best strategy for me because I have no skill and knowledge. I use long time period and buy cheap coins, never forget stop loss and we call it martiangle strategy. Money management is important and also need extra patience, not always get profit every day is the reason. Disciplines buying only with 60% for safety investment is necessary. Good luck.

I prefer investing. It does not seem to be as difficult as altcoins trading, which requires a variety of technical skills and you are constantly monitoring prices.

i like the both option. i have distributed my amount of money,  i want to distribute my money in different places because i feel myself more secure when i distribute my money in different places. i mostly trade such coins which have more potential to increase.