Bitcoin Forum

Most people on this forum are long term holders (correct me if I am wrong). I wouldn't recommend anyone intro long term investing to try to place trades, or if you do learn how to do it, study the vocabulary, learn how to understand charts.

Choose one of the three and become good at it.

Daily trading is extremely difficult. Basically you buy at 6k and hope to sell at 6.1k with a 25X leverage. You need a stop loss, it is very dangerous.

Swing trading is buying near supports and selling near resistance, you can hold for 1 month, or 3 months, sometimes 6 months (my personal favorite).

Long term investment is what most people do here, buy Bitcoin and hope to make a profit in 2 or 3 years from now (or further than that). For this you need a very clear and deep look at the fundamentals to make a smart decision. Not as easy as it seems.  :-*

I like the one that I will not necessary needed to open or monitor any prices for a short period of time. Well not reallt a long time investor but I am seeing a lot of people losses their asset on risky swing trading. As you can see market now is extremely volatile and those who will be agressive to trade will eventually loss due to the massive dumping and fear of such incident. Maybe my choice will be the last one which I am confident to hold years from now. But still open for short term trading when have extra budget.

The best advice in the post was choosing the method that works for you. Every trader and investor have different way of handling risks. If you don't have the stomach to handle price volatility, you can choose to become a long term holder instead. If you don't have the patience for that and you can manage your emotion well, maybe you are suited to become a trader.

Question to Bossian, does having a deep pocket or not matter in choosing which method to use?

Not sure.

But if you have a small pocket, daily trading must be a little exhausting and discouraging, results will be very slow to add up.

Usually small pockets like long term investments, they like to sit for 5 or 10 years, wait and hope to see a X10 or X20 profit. With daily trading, even with a big leverage it's hard work to get such profit.

I will say it depends on the market conditions.

Daily trading is much effective at conditions like these,but its like totally gambling with the market so I won't suggest anyone to do with all of their holdings.

Long term trading or holding is much better but sometimes we get confused when the market gets too low which might trigger our panic sell button so one who is enough to control and face the market condition will take better reap in long term.

I would rather choose the long term investment compared to swing trading and daily trading because it is easy to earn money in investing compared to trading because if you know that the bitcoin price is low, you may hold it for how many days you want. So it is really impossible to lose your money in investment if you know how to hold and how to withdraw your money, you should observe the market so you would know if you already need to withdraw your money,

As of this day, as bitcoin price is very low, we can use it to make money, we should invest our money if the bitcoin is low because for sure we will earn money if the price of the bitcoin goes high. That is the good thing about investments, you are the one that will decide to earn or to lose your money.

I am not good at swing trading and daily trading because for me it is a little more difficult because I have to keep an eye on the market every time I am honest because I can't do it.
I better choose a long-term investment and wait years to get a big profit, now at the right time we can buy as much as we can and then hold it in the next 1-2 years I am sure this will be the best way for me to long time.

Personally, I'm prefer daily trading. Yes, it's pretty difficult but it could be profitable. But of course, everyone needs to choose a proper method for him. If you want to learn daily trading, just watch some YT cryptocurrency videos, you can find a great content there. Learn from your mistakes and download one of the cryptocurrency exchanges apps to have a quick access during the day. I recommend CoinDeal's app, here is the link if you were curious https://play.google.com/store/apps/details?id=com.coindeal (https://play.google.com/store/apps/details?id=com.coindeal)

We have to be very much prepared for these things if we are to become successful in Forex. I feel more comfortable to use all techniques instead of just one. And that’s where my preference is with FreshForex broker and the mighty setup of their features. It’s just lovely for me to work through.

Daily trading makes me look older than someone my age,very stressful and tired as well. on 2019 i am very active on day trading,firstly its seems good and i am really enjoy it,after 2 month its totally annoying for me. Alarm about price from my phone is the most scary thing for me.
waiting with playing offline games,watching youtube,etc. and if i look clearly , long term holding is more better.

Trading depends on so many things which trade suit for you. For example time, capital, experience etc. If you have enough time, experience and big capital then you may start day trade with small profits. If you don't have big capital then likely you may hold some coins for long time means its call long trade. If you have enough fund and there is not enough time but you have quite experience then middle term trade would suit for you. Like this people think and they do whatever suit for them. Swing trade is high risky, you should have enough skill and experience to avoid losses.

It's all about what you are comfortable with and how much time you have for the style of trading you choose though I think daily trading requires alot of your time and capital to see some real profits while you scalp the market with short trades.

As for long term trades if your analysis is wrong you are likely to blow your account otherwise if you are spot on with your analysis you get good handsome profits.

That's right! The type of trading one is associated with should be a true reflection of all of these factors like the buying amount, the time, knowledge and even preference. So, if you find that these factors don't aline with you 100% then the message here advises you to change lane as this one you're in is not the right 'trade category'. Of course, all of this is personal and vary but its all good advice  :)

I don't know about you but I don't see how investing long term isn't good. (btw, I'm not saying you said so. However, In my opinion, Long-term trading is one of the best trading/investing methods. What you should understand is that, Every trading method has it flaws – whether you're Day trading, swing trading or trading long term. Anyone can earn profits following all of the methods. Someone who bought bitcoin at sub 3k a year ago could have sold at $14K after hodling for close to a year.


Daytrading with 25x leverages? We all know just how much people get liquidated on daily basis on bitmex. Talking about swinging trading, people who bought over a month ago thinking the price would continue the uptrend until the halving event. We all know how it turned out. The market is evolving, we're just have to roll along with it.  Just because long term trading doesn't favor you doesn't mean others don't excel by hodling.

Daily traders do not have to use leverage, that makes it interesting. I do agree with the fact that long term trading is the least riskiest and it does take a lot of time to actually make a profit but you could at least know that your investment will be unaffected by the falls and ups of the price in the shorter term.

Someone who has bought bitcoin at 2016 wouldn't care about the drops right now for example, they have been invested for 4 years and seen many ups and downs. However, daily traders do not have to use leverage, they could simply trade with altcoins and hope that they would make 5% profits that day and that's it, combining many 5% per day would make a lot of money so many of them are working towards that type of goal instead of leverage trading.

Daily trade is the best choice if you dont have much money for trade and only applies for short term, and don't expect to get much profit from it. beside that, daily trade have much risk than other investment model- it's mean swing trade or long term.
This happened to me from few weeks ago till today, I traded daily (pair ALT vs BTC), I got a decent profit daily until big dump is coming!! overall, in my portofolio my bitcoin increased but i still lose in worth USD value.
You know what, i need btc go to $8,5k for getting ROI, hopefully the btc price back to $8,5k before halving, you can guess where the price i bought bitcoin.  :D

I like long-term investments. Because I don't have good trading knowledge. Many times I lost my fund by Swing and day trade. Long-term investment will relieve you of a stressful life. Because swing and trade is very stressful work. All day you have to sit in front of the pc. I tried and did not get good results so now I am looking for long term investment.

Contrary to popular belief investors here can do a little trading in terms of shorting the asset in order for them to buy it at a lower price. Most people here think that investing crypto is always about "Hodling" through methods such as Dollar Cost Averaging and buying near supports for them to get some margin of safety but the thing is in order for an investor to really maximize the capital they have in all of those years what they need to do is of course to short their own asset in order to buy it at a much cheaper price and at the same time make some money in return. In a very volatile market like what we have we cannot really stick to one strategy anymore as we always need to adjust in order to take advantage of all the opportunity we have.

Hodling is arguably the most profitable strategy and distracting for new investors but in the market cycle all the strategies have their position. If you miss taking profit in the bull market and got to the bottom you keep hodling. At a time in the market when we start making good bitcoin gain we move to flipping project to keep acquiring bitcoin towards the height of bitcoin bullrun. At that stage u are position in different top coin project to pull out at the peak of price..

Daily trading is only recommendable if you have been experienced in this market or in other markets which the strategies there is applicable while you trade bitcoin. I myself understand the risk that it has and it's much more than holding.

I'm a long term guy for bitcoin and this made me improve my patience. It taught me a lot of things including risk management and the feeling of getting rekt but it doesn't mean you can't recover.

That is why I salute swing and daily traders if this is their bread and butter.

Honestly im also a long term trader and kind of a swing trader. Tried Day trading before and i can actually say that it's extremely difficult you need experience and knowledge to able to predict when to short and long position. I sometimes buy at a price then it dumps after. Sometimes i sell prematurely.
That's why i've given up and decided to be a hodler with the little amount i have left.

I will choose long term investment and daily trading, although, for daily trading, I will take a look at the market first before I trade because the market can move without I realize, so I need to analyze deeper before the trade. If the market is not moving fast, I think swing trading will not work because we will feel difficult to buy and sell at the right time and the right price. We need to chase the price which is not recommended, especially if we cannot analyze the market moves.

All in all that will also depend on the coin at the market because we still need to check which coin that can be potential to moves so we can buy the coin before the coin increase later.

I’m mainly into swing trading and long term trading, I don’t make use of one exchange, I separate them and use them for different purpose. As for day trading, I see it as a stress because I have got a lot of things I do; I work in an office and when I get back home there are still much things to do, so I don’t get that kind of time and moreover there are lots of risk involved in it.

I have seen people who claim that they do nothing else apart from day trading cryptocurrency, seriously I don’t know how these people are surviving and I don’t know if they are saying the truth or not, but in my experience day trading is not profitable compared to short term holding based trading and long term holding.

I agree that most people on the forum are long-term holders or at least Swing traders.
Daily transactions are difficult and it requires a great deal of knowledge and skills.
I think that everyone on the cryptocurrency forum should choose the method that best suits them, without taking too many types of transactions.

I trade with a short time plan so the best is to become a day trader. My strategy would not allow me to watch my labour to pick some good money go away, I just would not wait or have such time to waste.
So it is according to our trading knowledge that will determine for us.
My suggestion is to do what will best give out your gain and not to try going outside it. Outside our plan is going to be losses.

But i think maximum people love to swing trading than day and long term trading. I agree with you, day trade is too much risky than other method. That's why i always recommend people to choose long term trade. But it's also a tough decision cause at the end it's all about patience. That's why i love swing trade. Not risk too much or not wait for long time. But i also love long term trade cause sometimes it's give you huge profit if you find proper project.

I don't see any conflicts between these three options of trading which is depending on your ability on what volume of trading strategies were perfect for you, I mean its suitable to be own or grab because of the crisis that has happened in the world, basically the volatility pair is expected, and actually, it is a great benefit to all investors, whether we like it or not on this type of trading competition its good to be try.

Trade will depend entirely on who will trade Because the trade he is more proficient at is the best However I think in the long term trade, it is better to trade daily than swing trading. Risk is high in swing trading. And in day-to-day trading you can beautifully analyze the market And you can earn some money every day There is no such advantage in swing trading.

The higher the leverage the higher the risks and that is why my maximum leverage is 2x because the risks are very high. I'm a swing trader and a scalper where I trade for short term to medium term. I'm not a person who keep holding crypto because it is not my forte. The strategy that we should use is the one that should fit in our skills and knowledge. If you are good with the swing trading then give more focus on it than in long term or daily trading.

Daily trading will definitely be a lot harder because to succeed, you will surely have to go through many stages to become a good trader and have failed many times.

I have tried to trade day but really can not do because the market is constantly volatile. Now things are different and I only make a profit when the market starts to rise because it's a good time.

of those three things, I think I'm a long-term holder. Well, I have been waiting for the halving moment since 2019, so I think I have only been trying to accumulate assets since that. however, I don't really know how to use coins in the short term, I think it's very difficult. besides that, I also think that focusing on one thing will be better than doing many things but it's difficult to control the results.

Most of people here are long term holders because they believe in the capacity of cryptocurrency and we can't deny that if we'll take a look at the chart of top cryptocurrencies including Bitcoin. Every people here in crypto world has their own bias. Nothing is sure thus any reccommendation can work but it can also don't work. I myself is a long term investor and daily trader at the same time. I manage to handle it very well and I survived for my almost four years in crypto.

Both are good as long as you have time to manage that.

There's a reason why most of us here are long term trader:

• We believe on crypto and it's continuous growth over the year
• You have no time to do day trading
• You are both day trader and long time trader

Personally, I am a seasonal day trader considering that, sometimes I have a lot of things to do or I am just busy on my everyday life. I just do day trading whenever  have time. And yes! I am a long term trader too.  :)

I suck at trading, I'm a very emotional person, my emotions get high when studying the charts and watching market movements, this is why I choose to hodl good coins going long term.

Im doing 2 out of 3 on the trading ways that you do have mentioned which is swing and long term one.I cant handle out the risk when it comes to day/active trade.
Im bit agree on the thing you do say that majority is hodlers but for sure there are lots who do engage with active ones yet we know that seeing profits on short duration is much more better
than holding if we do try to compute specially when we do make profits in most of the time.Actually a certain trader or investor would just stick out on things that do works for him because
not all do have the same skills when it comes to trade thats why some will end up on hodling because they arent that confident enough if they do deal actively on moving prices.

I love how you breakdown the three terms; none is a easy task. The risk level also differs. The three has their respective advantage and disadvantage and the best approach is to stick with the one that works best for individual. I won't near anything trading ever, not until I learn how not to be emotional. Long term investment is good for me.

since you've mentioned long term investment and hodl for several years, then you must take at look at ilcoin. great time to buy as of now with very good long term potential.

I am also a long-term investor because this is the safest way to ensure profit and if the market increases, I will have more opportunities to make more profits. Of course, investing is always risky and if you have a reasonable investment strategy you will become more successful because now the market is still very young and there will be many new changes in the near future. Personally, I often research new coins because these are usually coins that attract investor attention.

Swing trading is the best, i have successfully earned from it.

I prefer daily trading because I don't like to wait too long, even though I also make long-term investments in ethereum. Daily trading is very risky and the market situation can change quickly, which always makes me suffer losses in daily trading

I have tried all of that but I stick as being a bitcoin long term holder and being a swing trader.
Since I don't have much time being a daily trader because it needs more focus and time, I switch to swing trading. But the safest one is being a long term trader. That will still give you enough profits with time patience of course.

Anybody can try These three trading formula but I always prefer for long term investment after buying on very low price. because after buying a crytocurrency on low price you should hold this for a huge profit. In history Always a long term investors has gain lots of profit. In Cryptocurrencies it might not be easy to choose good and legit share but you can work on that to perfection.
So for me long term investment but you should know which point you buying.

This are the ways that we need to do if we want to earned money online.
For me, I prefer to long term investment because as you said most people are doing this long-term investment. In choosing a long-term investment is let your assets to hold for more than a year, being a long-term investor is you are willing to accept on what is the certain amount that our money attain after a year so that it needs to be patient for a longer period of time.  All you said above are very risky but if we put our goal to earned money in any of these, it there’s no impossible for that.

More than that, you need patience to hold for the long term as planned. Many of the long term traders lose their patience and sell in a panic when the market dumps too quick. I have seen it happen. There are not many who have good patience to keep on holding to their coins.

Long term investment is the only one that is 100% guaranteed to make a profit, because it is "long" term you may wait 5 months, 1 year, 5 years or a decade but eventually you will profit, there is no way you are not going to profit wherever you have bought in the long run, you may have bought at $20k all time high price and eventually even you will profit from it, it may take years before that happens but you will definitely profit.

All the other ones are not 100% guaranteed, if you are really good at what you are doing you may make a profit, but that doesn't mean you will, you need to be a great trader to be able to deal in swing trades, those are one of the hardest ones I have seen and you have to be constantly on your A game every time you do it in order to profit.

Yes, investing with Altcoin is best for long-term investments i prefer long-term trading also as daily trading Long-term trading involves expecting an extended time But from day to day trading I can make some money from here I earn more by trading daily.

I am more into Long term investment (HODL) and when I invest in Bitcoin I don't put a specific time when I'm going to be selling the coins, I just hold them till the price goes up and I start making profit. Just like in 2017, I didn't invest earlier; my investment was around ending of the Q2, but the price still went up very high around December and I had no other choice than to sell those coins and withdraw my money since the price is up.

Imagine that I decided to leave the money for up to two years or three years, I would have missed that opportunity. Maybe that's a swing trade as you called it, but my intention was to hold for a long time, but whereas the opportunity came out, I had to take it.

The simple formula that I know is to do with the according to requirement thing. I don’t fix up any particular style instead I keep myself open to the situation. I feel comfortable with FreshForex, where all styles can be used and keeps me rather comfortable. So I will suggest everyone to have similar approach.

Short term investment is also very good and always set the price to sell after buying to avoid greed in this market. In investing, it is never predictable and you will be at risk if you do not carefully research and study.

Whenever I make a good profit, I always withdraw to fiat to ensure that money because if you still keep in this market, you will easily buy back if you see the price rise.

Whatever strategy you have in your mine as long as you are gaining benefits that strategy should be enhance from time to time, a lots of different types of traders those who are willing to risk their investment in a daily process can also take decent amount of profits when they do the right anticipations, while
swing trading takes some more days and weeks long term holders take a bunch of months up to years just to attained their target rewards.

The high volatility is the main reason why the prices are unpredictable. Trading is a game of possibilities, you do not need predictions here but you need bias. I trade a certain cryptocurrencies if I saw a bias where I know that there is a possibility that there will a short rally or a parabolic move. I have certain parameters that I keep using in order for me to know the right time to buy and sell cryptocurrencies. My strategies depends also on what kind of trend and if I will do short term trade or long term trade where if I will hold coin.

I'm a medium term trader where my favorite setup is swing trades, yes it took days to weeks or even months but that strategy is suitable for me unlike the day trading where I have low winning rate because of the volatility. Different strategies requires different skills, there are people who are good with long term trader there are also good with day trading. Identify what kind of play that you are going to use in order to make profit in this kind of market.

If you feel comfortable with trading forex, you should master many lessons about forex because forex is different than crypto trading, and I guess it is more complicated to learn. I tried to learn about forex before, but I can not understand how to trade forex. Yes, every people who want to try trading should choose what makes them feel comfortable so they can feel right to trade, and they will not have a problem when they trade.

Indeed volatility within a day isn't much noticeable so better to do swing trades, for me i am also more of a swing trade because of the set up, just like you it also suits me though i also long term trade, finding your own style or your suitable set-up requires some time because you need to gain experience in order to assess yourself, just remember to always make the right decision and always have backup and exit plan so that you can minimize your loss.

Long term investment beat everything else once again. People who did day trading, swing trading and any other type of trading has lost money during this 1 month period whereas people who have done long term investment is beating every other option because they basically already recovered from it.

If you were a smart investor you would buy bitcoin when it was low, then you could have sold when it was higher and when the price went down you could have bought some more.

However if you are even smarter, you would constantly buy lower than your average and keep buying as long as the current price is under your purchasing average, that is how you do long term investment, think about buying at 7k and 5k and even lower and right now being back at 7k again.

Trying to buy more on cheap period would not only signify that you do make long term holds yet you can also treat it that you've been doing shorting or doing active trade.
I totally disagree into the point that long term beat out easily the shorter ones which isnt the case.Yes, it do have more losses since you do deal on price or market actively
but come to think on what would be its profitability if most or high chances of trades were profitable? We do know on who do have the edge.



Nice try scammer.  :D

I like to mention short time trading but do you know short-term trading can be very lucrative, ah but it can be risky all right. Even do you know? a short term trade can last for as little as a few minutes to as long as several days.
So if you want successful trader then you need good skills with understand how much risk in this.

Forex trading is really cool and I know a lot of people that are still into. I have traded it in the past and later quit, but I still follow up with updates on forex trading, I don’t miss out on anything. Some of the forex trading sites are now allowing people to trade Bitcoin and USD on their site.

Forex trading is very different from the cryptocurrency trading we are doing here. It’s like a contract, and you kind of predict where the price is really heading to for you to make profit. It’s really cool that you were able to make profit using the bot, that’s one thing I have never tried, because I feel that bots are not much reliable.

Long term investor can do trading as well if he wanted to and have enough skills and knowledge regarding that,but without knowing anything then its really bad for them because they can lose their money when they trade more often.Long term investor doesn't need more skills like chart reading or others,when he see there is high price from when he bought then he can sell it and wait for the another opportunity.

Being patient is what it takes to be a long term trader, Waiting for a couple of months or even years is what long term trading is, All you need to do is to wait after you invested in such asset but it isn't easy when it comes to analyzing the coin before buying/investing, Knowing the possibilities of the asset you bought and predicting by analyzing the asset is hard especially we are talking about long term investment. I personally think that long term trading is not good for some people like me because I think it is not worth the time waiting for an investment to bloom, I'm more fond of short trades. But I don't mean it is not worth trying because I experience hodling an asset for more than a year and I gained some profit in it but I realized that short trading has more potential in earning profit thus it's harder than long trades.