Does intraday Trading actually works?

[Novachrono2022]

Now I've been in crypto since 2022. I noticed that holding a coin for the bullrun is much more profitable than any form of Trading(scalping, daytrading , even swing trading) . Am I trading wrong or Is trading really a scam . Markets are unpredictable, TA does not work guarranteed . AND I HEARD PEOPLE SAY THAT THE MARKET IS A PLACE FOR SHORT-TERM TRADERS TO GIVE THE MONEY TO LONG-TERM HOLDERS. "A QUICK WAY OF GETTING POOR AND A SLOW WAY OF GETTING RICH".What are your insights about that....THANKS

[Finestream]

Now I've been in crypto since 2022. I noticed that holding a coin for the bullrun is much more profitable than any form of Trading(scalping, daytrading , even swing trading) . Am I trading wrong or Is trading really a scam . Markets are unpredictable, TA does not work guarranteed . AND I HEARD PEOPLE SAY THAT THE MARKET IS A PLACE FOR SHORT-TERM TRADERS TO GIVE THE MONEY TO LONG-TERM HOLDERS. "A QUICK WAY OF GETTING POOR AND A SLOW WAY OF GETTING RICH".What are your insights about that....THANKS

With all these questions, I think you’re better off holding for the long term, as that’s what you seem to lean toward. The way you’re asking is very basic, and honestly, you could just Google it. It seems like the problem is you’re not researching enough. Day trading is risky, especially for those without enough knowledge. It requires skills that you can only gain through experience. However, if you can’t fully focus on it, you’re likely to fail in the end.

That’s why I suggest you evaluate what you’re capable of doing. Holding is simple and can be profitable, but day trading might give you consistent profits if you’re willing to dedicate time and effort.

Also, trading isn’t a scam as long as you’re dealing with legit coins, like Bitcoin and high-volume altcoins.
That’s what you should focus on.

[Odusko]

Now I've been in crypto since 2022. I noticed that holding a coin for the bullrun is much more profitable than any form of Trading(scalping, daytrading , even swing trading) . Am I trading wrong or Is trading really a scam . Markets are unpredictable, TA does not work guarranteed . AND I HEARD PEOPLE SAY THAT THE MARKET IS A PLACE FOR SHORT-TERM TRADERS TO GIVE THE MONEY TO LONG-TERM HOLDERS. "A QUICK WAY OF GETTING POOR AND A SLOW WAY OF GETTING RICH".What are your insights about that....THANKS

Holding is the best approach for long-term profitability, unlike in trading where you stand various risks of losing your money holding on the other gives you some form of guarantee of investment since you can only lose when you sell your coins as a holder, so it all now depends on the quality of the coin you are holding, because most of the altcoins are worthless for long term view, but if you hold a few of the potential coins you have a secured long term investments achievement, trading is like gambling but holding is the sure investment for me in 2025 I will concentrate more on investment rather than trading.

[Dr.Bitcoin_Strange]

Now I've been in crypto since 2022. I noticed that holding a coin for the bullrun is much more profitable than any form of Trading(scalping, daytrading , even swing trading) . Am I trading wrong or Is trading really a scam . Markets are unpredictable,

Successful traders uses technical and fundamental analysis to analyze and predict the market direction before taking a trade, some traders like swing traders can have a certain trade setup which unless that setup shows up, they will not take any trade, that's patient and discipline. So, every trader, depending on the type of trader you are, can make profit from trading if they are using the right strategy and also sticking with that strategy, having a good risk to reward management ability, being patient and discipline and also making sure they take a trade only when all their confluences are met.

Some persons would say that trading is more profitable for them than holding and some will say holding is more profitable for them, all of that depends on the ability of what you can handle. If holding is working for you, stick to it. Despite that there are many traders that are making profit from the market, even with their perfect strategy, they still get losses most of the time, that's because the market is dynamic and you can not be right about its direction all the time.

The conclusion is that, trading is profitable as much as holding. From my experience in trading crypto futures and also averaging, I would say that getting 30% off the market three or two times a week is very possible.

[bestcandy]

Now I've been in crypto since 2022. I noticed that holding a coin for the bullrun is much more profitable than any form of Trading(scalping, daytrading , even swing trading) . Am I trading wrong or Is trading really a scam . Markets are unpredictable, TA does not work guarranteed . AND I HEARD PEOPLE SAY THAT THE MARKET IS A PLACE FOR SHORT-TERM TRADERS TO GIVE THE MONEY TO LONG-TERM HOLDERS. "A QUICK WAY OF GETTING POOR AND A SLOW WAY OF GETTING RICH".What are your insights about that....THANKS

Trading is real and not a scam because many traders a making huge profit in trading especially when the market is favourable to but sometimes what will work for one person may not actual work for another person as expected. Holding a coin for long term and placing a trade can both be profitable depending on your skills and decision making.
Both holding a coin for long term and placing a trade have their own risk.  For example, some people going into trading just to make quick profit without having the core understanding of the market, knowing when to place trade and when not to place trade. Contrary to this, holding a coin for a long term can only be profitable during the market bull run but after that you can predict what will happen next, whether the coin will continue to bullish or dip.

[markm]

My strategy is a bit of a hybrid, in that my holding online is in the form of buy and sell offers.

Over the years my coins have tended to experience less activity as more and more and more coins and tokens are created, dividing the audience as it were.

Back when there were only 30 or less coins to choose from they all saw a lot of activity every day.

Once there were 300 types in existence individual choices slowed down in activity.

Same as more and more exchanges came online, dividing activity among them as well as among all the things they listed.

So over time my huge columns of buy and sell offers became more and more like holding, less and less like trading.

For example my BTC/XLM pair on one exchange has experienced over 24 hours of no trades two or three times lately, with XLM price in terms of BTC hovering between my lowest sell offer and my highest buy offer.

But a few more days back it was more volatile, sometimes taking two or more of my buy offers and two or more of my sell offers by the time I woke up and re-placed my proceeds onto the other side of the order-book, replenishing my columns of offers.

With IXC/BTC on FreiExchange just yesterday someone bought up a huge chunk of my column of sell offers, but the price there is so very low I make my buy offers column massively more "dense" than my column of sell offers as I know when price is near the bottom it tends to attract "dumps". So right now there is a big gap between my highest buy offer and my lowest sell offer although my buy offers still cover every satoshi of price down to 1 satoshi and my sell offers still cover every ten satoshis of price way up into the thousands of satoshis.

So in effect I am holding both bitcoin and IXCoin there and have been for year upon year upon year, but more and more and more of them over time, from time to time taking out some of one or both as profits to hold at home or to cash out.

In summary yes it actually works but my strategy is to blanket cover the whole range of up and down rather than just place one offer and a stop-loss or stop-gain as it were, so I gain hugely on the big sudden movements by catching them one pre-placed step at a time with my huge ladders / columns of steps.


-MarkM-

[Oshosondy]

Now I've been in crypto since 2022. I noticed that holding a coin for the bullrun is much more profitable than any form of Trading(scalping, daytrading , even swing trading) .

This is much true because most traders are losing. At least 10% of traders are losing has been on what I saw on most researches conducted till now.

Am I trading wrong or Is trading really a scam .

People do not know a scam is a scam until they become victims, trading is different from scam. Trading is legit because you know exactly what it is and no one is scamming you.

Markets are unpredictable, TA does not work guarranteed . AND I HEARD PEOPLE SAY THAT THE MARKET IS A PLACE FOR SHORT-TERM TRADERS TO GIVE THE MONEY TO LONG-TERM HOLDERS. "A QUICK WAY OF GETTING POOR AND A SLOW WAY OF GETTING RICH".What are your insights about that....THANKS

You are just right. If you know that you are among the 90% of the traders which are losing, it is better you quit trading.

[BitMaxz]

Intraday is very risky I have tried many things on intraday, but only professionals with tools and a lot of data can make money because you are not the only one trading on the market, and they keep track of all order books, including yours.

Because we are only small retail traders, we are being watched by larger trading companies or groups. For example, those who trade futures have a tool like Coinglass that finds all trading positions and liquidation areas. If you take a position, they can see it and target your liquidation margin to take you out of the market.

So, if you are trading futures, be aware of this and stick to spot exchanges because the risk is minimal unless you keep set your limit order on spot because they can also see it on the order book.

I also recommend that you avoid scalping and instead focus on swing trading because you are looking for mid-term or weekly price action before placing a limit order.

[bettercrypto]

Now I've been in crypto since 2022. I noticed that holding a coin for the bullrun is much more profitable than any form of Trading(scalping, daytrading , even swing trading) . Am I trading wrong or Is trading really a scam . Markets are unpredictable, TA does not work guarranteed . AND I HEARD PEOPLE SAY THAT THE MARKET IS A PLACE FOR SHORT-TERM TRADERS TO GIVE THE MONEY TO LONG-TERM HOLDERS. "A QUICK WAY OF GETTING POOR AND A SLOW WAY OF GETTING RICH".What are your insights about that....THANKS

In the first place trading is not a scam, don't forget that, because trading does not dictate to us that you invest, it is our choice if why we buy. You must also have knowledge in trading, it is difficult to just dive into trading.

Because trading is also a matter of timing,.. it is not that if you just think about trading then that is it, of course it is not like that. especially if you know in yourself that your knowledge in trading is not enough, so don't be surprised if you always lose.

[justdimin]

In the first place trading is not a scam, don't forget that, because trading does not dictate to us that you invest, it is our choice if why we buy. You must also have knowledge in trading, it is difficult to just dive into trading.

Because trading is also a matter of timing,.. it is not that if you just think about trading then that is it, of course it is not like that. especially if you know in yourself that your knowledge in trading is not enough, so don't be surprised if you always lose.

The timing part is the most important part, because a lot of people miss that timing and they end up trading at wrong times, and they end up blaming trading or crypto in general. That's where scamming comes from, someone gets in, buys something, it goes down and crashes, and they blame everyone else but themselves on that move, when in reality if they researched a bit better and timed it better they would know that they are making a mistake.

You will see plenty of people who will buy bitcoin at the very peak, that's how it goes to peak, and you will see that they will all blame bitcoin being a scam after they see that peak, they will say it went up to fool people, and took the money, like there is some bitcoin organization that takes your money when you lose at trading.

[Novachrono2022]

Now I've been in crypto since 2022. I noticed that holding a coin for the bullrun is much more profitable than any form of Trading(scalping, daytrading , even swing trading) . Am I trading wrong or Is trading really a scam . Markets are unpredictable, TA does not work guarranteed . AND I HEARD PEOPLE SAY THAT THE MARKET IS A PLACE FOR SHORT-TERM TRADERS TO GIVE THE MONEY TO LONG-TERM HOLDERS. "A QUICK WAY OF GETTING POOR AND A SLOW WAY OF GETTING RICH".What are your insights about that....THANKS

With all these questions, I think you’re better off holding for the long term, as that’s what you seem to lean toward. The way you’re asking is very basic, and honestly, you could just Google it. It seems like the problem is you’re not researching enough. Day trading is risky, especially for those without enough knowledge. It requires skills that you can only gain through experience. However, if you can’t fully focus on it, you’re likely to fail in the end.

That’s why I suggest you evaluate what you’re capable of doing. Holding is simple and can be profitable, but day trading might give you consistent profits if you’re willing to dedicate time and effort.

Also, trading isn’t a scam as long as you’re dealing with legit coins, like Bitcoin and high-volume altcoins.
That’s what you should focus on.

Thanks a lot. But Its also quite time consuming to search the right coins to hold aside of BTC

[Novachrono2022]

Now I've been in crypto since 2022. I noticed that holding a coin for the bullrun is much more profitable than any form of Trading(scalping, daytrading , even swing trading) .

This is much true because most traders are losing. At least 10% of traders are losing has been on what I saw on most researches conducted till now.

Am I trading wrong or Is trading really a scam .

People do not know a scam is a scam until they become victims, trading is different from scam. Trading is legit because you know exactly what it is and no one is scamming you.

Markets are unpredictable, TA does not work guarranteed . AND I HEARD PEOPLE SAY THAT THE MARKET IS A PLACE FOR SHORT-TERM TRADERS TO GIVE THE MONEY TO LONG-TERM HOLDERS. "A QUICK WAY OF GETTING POOR AND A SLOW WAY OF GETTING RICH".What are your insights about that....THANKS

You are just right. If you know that you are among the 90% of the traders which are losing, it is better you quit trading.

THANKS TO EVERY SINGLE REPLY HERE. I CAN MAKE A DECISION NOW. BIGGUP FAM. MUCH LOVE