sumit513 (OP)
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June 10, 2017, 04:11:03 AM |
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Do you trade altcoins regularly or buy and hold them? Which is more profitable?
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2bfree
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June 10, 2017, 04:16:32 AM |
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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.
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sumit513 (OP)
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June 10, 2017, 04:19:39 AM |
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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.
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Clement Kaliyar
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June 10, 2017, 04:29:28 AM |
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Do you trade altcoins regularly or buy and hold them? Which is more profitable?
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.
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shintosai
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June 10, 2017, 04:37:20 AM |
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Do you trade altcoins regularly or buy and hold them? Which is more profitable?
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.
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Tipsters
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June 10, 2017, 04:41:16 AM |
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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.
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ranman09
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June 10, 2017, 04:48:20 AM |
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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?
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Mazt rhiezt
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June 10, 2017, 05:00:00 AM |
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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.
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wantjokull
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June 10, 2017, 05:19:21 AM |
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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.
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Meraki
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June 10, 2017, 05:50:04 AM |
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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? 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.
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sulendra12
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June 10, 2017, 06:12:18 AM |
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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.
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ranman09
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June 10, 2017, 06:46:28 AM |
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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? 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. Ahh.. Thank you for the clarification So its like trading the only thing is its in longterm run.
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Pierre 2
Legendary
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Activity: 2422
Merit: 1358
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June 10, 2017, 06:57:04 AM |
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I really cannot choose what to do in general. But investing into potentially good projects and waiting is nearly everytime more profitable.
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ethereumhunter
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June 10, 2017, 07:37:15 AM |
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Do you trade altcoins regularly or buy and hold them? Which is 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.
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Paracelsus
Sr. Member
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Activity: 347
Merit: 250
Activity: 2017
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June 10, 2017, 08:05:52 AM |
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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.
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NaXxow
Legendary
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Activity: 1085
Merit: 1000
ALT Add: APfc4bykKHxYSVkvzsLdQvmiTXvTgMiCRM
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June 10, 2017, 08:11:12 AM |
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Do you trade altcoins regularly or buy and hold them? Which is 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. 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.
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melted349
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June 10, 2017, 08:12:41 AM |
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Do you trade altcoins regularly or buy and hold them? Which is more profitable?
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 .
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FractalUniverse
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June 10, 2017, 08:19:39 AM |
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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.
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shirackjs
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June 10, 2017, 08:46:12 AM |
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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.
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Shishir99
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June 10, 2017, 09:36:00 AM |
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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.
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