Day trade or Hodling

[wuvdoll]

I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?

HODLING is the way to go. Day trading is good if you really know what you are doing

Of course, if you have no idea what you are doing, you will most definitely get burnt!
I have seen so many cases of people complaining repeatedly on this thread saying Trading is messed up when truly they are the ones who definitely did not do their assignment well before moving forward in trading activities.

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[rizkyhiw]

I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?

Why not trying both. Day trading will bring you daily profits and holding will give you a long term profit. By using day trading, you can match up your regular expenses which is very necessary to live your life maintaining a certain lifestyle. I usually trade during my weekends because I get time for that. Usually I am a long term bitcoin holder and recently started with ETH as well.

However, my weekend trades generally gives a good amount of profit which I can spend on my casual shopping and night outs. While my long term holding is safely stored in a wallet hidden from preying eyes. That will probably be used when I will plan to buy something really expensive.

I agree that trading brings you daily profits but for me holding bitcoin is the best thing we can do to limit the withdrawals and losses on our part. Moreover in holding bitcoin you can secure your savings and theirs a possibility to increase it into large amount in the future.

Actually it's depends on what you really need and how capable you are ,
When you do know and have a big desire to learn from trade basics things ,
Then you might could try it out with every risk involved there ,
But when you even have no time to learn , checking things here and there , you better to buy and hold it for long time. Both is a good way to increase your money value.

[Jibit]

If you lucky day trading is better than holding. make 5-10% per day. and calculator in 30 day is better than hold a coin 1 year

[joganuts]

I am doing a mixture of daily trading and hodling. So, I "know" in the long run I will (hopefully) have some nice profits but I am not forced to make daily trading every day. If you would focus only on day trading then you might run into the problem that you have to do something everyday even if the situation is really bad. But it is better to have the freedom to skip daily trading for some days.

Doing both thing is that nest thing do. Becasue using is apart of say trading where you need to manage your trading for you to earn. And the best way to earn thought trading is actually by holding it at the right time and with the right decision to you would probably make in order for you to earn in the future.

[Kocret02]

If you lucky day trading is better than holding. make 5-10% per day. and calculator in 30 day is better than hold a coin 1 year

it becomes a very good decision if it has already benefited from trading, holding coins can be a good investment in the future. because coins have a very good price from day to day.

[Javi_Anibarro]

day trade created for them who can read the market,manipulate the market and has a ton luck.
if you are not that kind of trader,do not ever doing a daily trade if you can not make sure what are you doing.
in general Long term trader profit always beat day trade,
no matter what is it,even an expert always recommend it to you to hold your investment.
most of their profit come from holding not from daily trading.

[redsun114]

I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?

you can do both bro its not conflict you can do day trade why holding coins for long term you can maximize your earning

Very well said! I think this depends on how much time you can give to Bitcoin on daily basis. If you can give it enough time, then day trading is the best option. But if you have some other job as well and you cannot manage enough time for Bitcoin, then better is to hold your coins. Holding will give you a good amount of profit as well.

[traccdev]

If I can gather some decent amount of bitcoin then I will hold them. Because in future the price will be very high.

[Ilegendph]

I suggest day trade. Trading is not an easy work but is surely profitable in the long run. Yes its true that both is profitable but the question is how much time you intend to invest. If you have plenty of time go trading though it not always you gain something but make it sure that you learn something. Another good thing about being a trader is that the skill you get from trading cryptos is also applicable to stocks and forex.

[miguelmorales85]

My personal advice is to HOLD the most BTC you can in your private wallet with a good encrypted backup.
Then , you need a percentage of BTC's that you are willing to risk (or lose) and go to an exchange whose security measure are robust. Remember no matter how good its their security measures they can always be hacked or "hacked".
Once in the exchange go with the flow of 1w or 3d graphs.. and dont forget to always use stop loss!!

good luck in your tradings.

[naidray]

Holding is much easier but day trading is funnier. I enjoy doing both but investing is where I make the majority of my monet as sometimes I lose day trading

I prefer to hold and get 5-10 times profit. because I am a very busy person so I can not fully monitor the price movement of a coin every day.

I guess for a very busy person, holding for a long time and selling for profit is obviously the best method.
Most times for me when I am very much busy, I just set a buy order for a coin I want to get into at a very low price I believe it may get to based on the previous chart and once I check back to see that I have been able to buy in at that price, I set a sell order.
All these takes within just few minutes without having to do much and I just let the auto order do its thing.

[dinda22]

I suggest day trade. Trading is not an easy work but is surely profitable in the long run. Yes its true that both is profitable but the question is how much time you intend to invest. If you have plenty of time go trading though it not always you gain something but make it sure that you learn something. Another good thing about being a trader is that the skill you get from trading cryptos is also applicable to stocks and forex.

Yeah, both highly profitable, but in my opinion, holding it more profitable, while the day trade is easy to panic because when prices rise several percents they directly sell it. but it all depends on the style of the game, but I myself prefer holding because I was not able to be constantly in front of the computer all day.
 

[imabauss]

I suggest day trade. Trading is not an easy work but is surely profitable in the long run. Yes its true that both is profitable but the question is how much time you intend to invest. If you have plenty of time go trading though it not always you gain something but make it sure that you learn something. Another good thing about being a trader is that the skill you get from trading cryptos is also applicable to stocks and forex.

Yeah, both highly profitable, but in my opinion, holding it more profitable, while the day trade is easy to panic because when prices rise several percents they directly sell it. but it all depends on the style of the game, but I myself prefer holding because I was not able to be constantly in front of the computer all day.
 

If you dont have emotion you can keep up with day trading or you can split 30% for day trading

[CryptoNate21]

There is more profit to be made by day trading, BUT it comes with more risk.

I think you should only day trade if you have enough time on your hands.

If you want to be a successfull day trader you will need to do constant research about the coins you trade.

Personally I do both, I do some day trading and I occasionaly buy some coins to hold.

To stay well informed I try to read as many articles as I can + I like attending to crypto meetups.

When day trading I use some free software that predicts the future market movement of several coins. www.cryptoforesight.org

The price is affected by so many factors, trading will always be risky even when holding.

[ZBTCZ]

I am doing a mixture of daily trading and hodling. So, I "know" in the long run I will (hopefully) have some nice profits but I am not forced to make daily trading every day. If you would focus only on day trading then you might run into the problem that you have to do something everyday even if the situation is really bad. But it is better to have the freedom to skip daily trading for some days.

Hi, I just want to know if you say day trading, is it morning in US or evening? Just a bit confuse. First time trader here.

[TehJoker]

split your fund. let's say 20% for day trading and 80% for hold depend on your style.

[Babyrica0226]

I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?

Day trading no doubt was more profitable than holding in along term, but only the disadvantage was there is risk involve. Which if ever your prediction is not precise or close you can be wreck or loss a lot of money in the tend compare into holding in a long term there is no risk I think.

[poetra2501]

I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?

Day trading no doubt was more profitable than holding in along term, but only the disadvantage was there is risk involve. Which if ever your prediction is not precise or close you can be wreck or loss a lot of money in the tend compare into holding in a long term there is no risk I think.

I prefer to be a day Trader than holder, Holder always takes a long time in order to
get benefit, with day trade we must always monitor market prices for sure price will be up or down.

[chineseprancing]

I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?

Day trading no doubt was more profitable than holding in along term, but only the disadvantage was there is risk involve. Which if ever your prediction is not precise or close you can be wreck or loss a lot of money in the tend compare into holding in a long term there is no risk I think.

I prefer to be a day Trader than holder, Holder always takes a long time in order to
get benefit, with day trade we must always monitor market prices for sure price will be up or down.

Both trading and holding of bitcoin is a right opportunity to increase the savings together with the income of the users. Actually if you are lucky in trading there's a possibility to double or triple your on hand bitcoin. While if you keep and hold your bitcoin the only enemy you've been encounter is the movement of this crypto currency in the market.

[chopter]

Never day trade with your whole portfolio. Hold most of it and play with a smaller amount. Thats what i do anyway.