mamesso
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October 17, 2017, 04:24:12 AM |
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But this is our advantage in trading. Can benefit from two directions, from daytrading and longterm. However, i am more interested in holding because i am not willing to watching chart everyday.
I am interested in holding too because it takes time to read chart and to watch over and it makes me so stress sometimes. But both day trade and holding are profitable it just depends to someone to where he or she is comfortable. There is a time to decide for "Stop Loss" and then make a buy back. this is an epic way to avoid big losses. or you have to backup at the lowest price.
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JamesBTCTrader
Newbie
Offline
Activity: 2
Merit: 0
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October 17, 2017, 04:42:32 AM |
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I have actually just began Day Trading and think it is wonderful with BTC. It is actually easier to Day Trade Cryptocurrency rather than Stocks in my personal opinion. BTC
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ronafurw
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October 17, 2017, 06:57:36 AM |
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Day trading seems a better choice for me. Holding is also fine but in my opinion, you bigger capital to hold than you need to trade.
Day trading is no doubt very much good option than that of holding but it is very much risky at the same time. Day trading is best for the ones who actually knows the art of making rights decision and that too in short span of time. In day trading, you need to be very much active and wise. On the other hand, holding is the best option if you want to play a safe game.
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ArrogantPeacock
Member
Offline
Activity: 154
Merit: 10
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October 17, 2017, 02:58:58 PM |
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day trading is not as easy as it sounds. Many of the day traders are "forced" to sit on all niters and watch the price in case something big is planned (fork, new release etc.) it's not as easy as people want to make it look like. A holder from the other hand is more relaxed, he makes a good research about the project, invests in it and waits. Is it more profitable? Probably not, but how things have evolved, holding on BTC for all these years would have given you a better return than the best performing trader in the world, and you didn't had to do anything more than just hold.
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bohr
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October 17, 2017, 11:36:30 PM |
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Day trading seems a better choice for me. Holding is also fine but in my opinion, you bigger capital to hold than you need to trade.
Well, day trading can offer superior profits if you are a good trader but it can also offer terrible losses if you are not good at it, holding offers both earnings and losses too, but if you hold enough there is a point in which is almost impossible to get back to the original price that you bought and the best thing is that this can happen very fast, those that bought at 1000 dollars are in a good position because I do not think we are ever going to see bitcoin at that price.
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overcliff433
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October 18, 2017, 01:23:07 AM |
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I usually do both, I day trade with a part of my investments just to get fast cash to workaround things and I also have a long term investment. I think this is the best way to do it.
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travelgear17
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October 18, 2017, 02:15:09 AM |
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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?
Most probably I will prefer day trading way is best for reducing risk for unaspected dumping. I am also day trader and keep it up for so long. Holding is not bad if you chose best one stable coin in the right time.
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hawkins
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October 18, 2017, 02:42:14 AM |
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I usually do both, I day trade with a part of my investments just to get fast cash to workaround things and I also have a long term investment. I think this is the best way to do it.
good day for trading. but, I guess this is also a great day to save. well, for now, I think we just make a good decision, because both are very good to do. well, take your decision and do it.
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Coinve.st
Member
Offline
Activity: 700
Merit: 14
Coin ● https://coindefi.org
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October 18, 2017, 02:44:40 AM |
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What exchanges do you use to day trade? I find that Exchanges are not favorable in getting good prices and they all have high fees.
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aencarnaci
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October 19, 2017, 06:37:11 AM |
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Indeed! Day trading is generally related to altcoins, all those coins that are just starting their journey in the crypto market. I don't think your generalization holds water, what determines what coin to Hodl is their stability overtime and future projection. Presently I am Hodling Dogecoin (21 Satoshi today) rest assured that I shall be selling them at 100 Satoshi or more in the not too distant future! Day trading is very much hectic and people definitely don’t like much getting into day trading. Yes day trading may seem like Latin to an English man because he actually knows next to nothing what it is all about! But still if your coin fluctuates a lot in prices, you are eligible for day trading but coin like bitcoin generates best results when held for long time.
Bitcoin happens to be one of the most volatile currencies, so easy to be down or up by over 500 USD within 24 hours. Then reason people nonetheless Hodl it, is because of the very strong community bias and projection that Bitcoin is headed for the moon, of which it has corroborated time and again by its resilience in bouncing back every time it ran into a storm. It depend on people that what type of people they are because if you are talking about bias then nothing is like that it doesn’t concern to bitcoin because bitcoin having own place while other things having not so we should not say something like this because it is all depended on people so I would like to say that we should follow our rules instead other. There are so many factors which play a major contribution while deciding which one out of both to decide. For me, if you have quality of controlling your nerves, then holding is the best thing to do. You should go for holding as it will give you a lot of profit in the near future. Otherwise, day trading is also a good option but for that you will need more efforts and it will require more time.
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iv4n
Legendary
Offline
Activity: 3290
Merit: 1183
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October 19, 2017, 08:26:56 AM |
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Indeed! Day trading is generally related to altcoins, all those coins that are just starting their journey in the crypto market. I don't think your generalization holds water, what determines what coin to Hodl is their stability overtime and future projection. Presently I am Hodling Dogecoin (21 Satoshi today) rest assured that I shall be selling them at 100 Satoshi or more in the not too distant future! Day trading is very much hectic and people definitely don’t like much getting into day trading. Yes day trading may seem like Latin to an English man because he actually knows next to nothing what it is all about! But still if your coin fluctuates a lot in prices, you are eligible for day trading but coin like bitcoin generates best results when held for long time.
Bitcoin happens to be one of the most volatile currencies, so easy to be down or up by over 500 USD within 24 hours. Then reason people nonetheless Hodl it, is because of the very strong community bias and projection that Bitcoin is headed for the moon, of which it has corroborated time and again by its resilience in bouncing back every time it ran into a storm. It depend on people that what type of people they are because if you are talking about bias then nothing is like that it doesn’t concern to bitcoin because bitcoin having own place while other things having not so we should not say something like this because it is all depended on people so I would like to say that we should follow our rules instead other. There are so many factors which play a major contribution while deciding which one out of both to decide. For me, if you have quality of controlling your nerves, then holding is the best thing to do. You should go for holding as it will give you a lot of profit in the near future. Otherwise, day trading is also a good option but for that you will need more efforts and it will require more time. Day trading is not for alts, day trading is for all coins that have wide fluctuations, daily. Is there a better coins from bitcoin? No there isn't, fluctuations that bitcoin price is making in one day can be couple hundred dollars, some alts will never worth that much ever. You can trade daily with alts but just because alts are cheaper and you can afford to spent limited amount of money for day trading. Generally daily trading is risky and requires time and energy, and to not mention that you need to be well informed about possible changes. Who don't like to risk it's better to hold, stable coins tend to rise from time to time, its safe doesn't require special knowledge.
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MoneyIsDebt
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October 19, 2017, 09:17:43 AM |
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i just holding and keep it up.i know hold is better. example 1year ago bitcoin price very low.and now bitcoin price day by day up.so i hold some btc .
Yup, I think that you should user Hold Strategy. I heard that there are some good news for Cryptocurrency recently such as South Korea starts regulating and taxing income Bitcoin. Therefore, you should buy Bitcoin now and wait for the rising of the price. good luck to you. I think for me i think both will work. The advantage of day trading is that you are always updated on what is happening on the market compared to long term holding where you just check them not too often but i think it really matters that which kind of coin you choose for daily trading and holding. i think under value coins are really good for daily trading and high potentials coins are usually used for holding for long term.
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katrimans
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October 19, 2017, 06:15:57 PM |
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Day trading seems a better choice for me. Holding is also fine but in my opinion, you bigger capital to hold than you need to trade.
Day trading is no doubt very much good option than that of holding but it is very much risky at the same time. Day trading is best for the ones who actually knows the art of making rights decision and that too in short span of time. In day trading, you need to be very much active and wise. On the other hand, holding is the best option if you want to play a safe game. There are two main types of trading one is called day trading and other is called holding trading. According to my opinion if you have enough money and you want to make your life relax then you need to to holding trading because this type of trading is relax and no need more time and a lot of work but you can some things and then wait for some time by judging their rate in market and whenever rate in market up you start selling while day trading need a big experience and a tough work with less time. In my personal experience holding trading is more successful then day trading.
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naidray
Legendary
Offline
Activity: 1232
Merit: 1029
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October 20, 2017, 09:19:34 AM |
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i just holding and keep it up.i know hold is better. example 1year ago bitcoin price very low.and now bitcoin price day by day up.so i hold some btc .
Yup, I think that you should user Hold Strategy. I heard that there are some good news for Cryptocurrency recently such as South Korea starts regulating and taxing income Bitcoin. Therefore, you should buy Bitcoin now and wait for the rising of the price. good luck to you. I think for me i think both will work. The advantage of day trading is that you are always updated on what is happening on the market compared to long term holding where you just check them not too often but i think it really matters that which kind of coin you choose for daily trading and holding. i think under value coins are really good for daily trading and high potentials coins are usually used for holding for long term. It totally depends on everyone's schedule. Anyone who is into day trading normally as a profession can really make the two work. Usually, once I hit profit on a trade, I take part of the profit to buy the coin when it gets to the dip point and store for long term and there are also some coins that usually have some pretty good spikes too once in a while, for good profit. However, for someone who may not have the time for daytrading, HODLing is just the best thing to do, or long term trading.
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StarofBTC
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October 20, 2017, 07:44:18 PM |
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Day trading seems a better choice for me. Holding is also fine but in my opinion, you bigger capital to hold than you need to trade.
Well, day trading can offer superior profits if you are a good trader but it can also offer terrible losses if you are not good at it, holding offers both earnings and losses too, but if you hold enough there is a point in which is almost impossible to get back to the original price that you bought and the best thing is that this can happen very fast, those that bought at 1000 dollars are in a good position because I do not think we are ever going to see bitcoin at that price. Day trading really offers a whole lot of profit, when you are good at it and you just know what you are doing. It is even very easy to build from so little to more with day trading. However, just as you have said, for someone who may not understand how trading works, it might be very tasking and the possibility of losing fast is also there but with a good portfolio anyway, the chances of loosing that much reduces.
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kiver
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October 20, 2017, 08:48:32 PM |
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for me i prefer holding because i still dont know how day trading works but careful you have to choose your investment wisely not any coin you hold can make a profit
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Jewell
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October 20, 2017, 10:35:19 PM |
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Day trading seems a better choice for me. Holding is also fine but in my opinion, you bigger capital to hold than you need to trade.
Well, day trading can offer superior profits if you are a good trader but it can also offer terrible losses if you are not good at it, holding offers both earnings and losses too, but if you hold enough there is a point in which is almost impossible to get back to the original price that you bought and the best thing is that this can happen very fast, those that bought at 1000 dollars are in a good position because I do not think we are ever going to see bitcoin at that price. Day trading really offers a whole lot of profit, when you are good at it and you just know what you are doing. It is even very easy to build from so little to more with day trading. However, just as you have said, for someone who may not understand how trading works, it might be very tasking and the possibility of losing fast is also there but with a good portfolio anyway, the chances of loosing that much reduces. Day trading is a tuff job, in fact it require a good experience and without experience day trading is too much risky, for day trading you must also have good decision power to take on time. if a person do not have experience in day trading then long term investment is good for him.
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finity
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October 20, 2017, 11:54:10 PM |
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Day trading is for experts who have spent lot of time on trading sites but for newbie day trading is always an risk of loosing money as if he see price dropping he will easily get panic and sell his coins at low price so if you are new to trading world then the best choice for you is to invest in good altcoins and hold it till its price goes higher.
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GoodLuck2
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October 21, 2017, 04:31:20 PM |
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i just holding and keep it up.i know hold is better. example 1year ago bitcoin price very low.and now bitcoin price day by day up.so i hold some btc .
Yup, I think that you should user Hold Strategy. I heard that there are some good news for Cryptocurrency recently such as South Korea starts regulating and taxing income Bitcoin. Therefore, you should buy Bitcoin now and wait for the rising of the price. good luck to you. I think for me i think both will work. The advantage of day trading is that you are always updated on what is happening on the market compared to long term holding where you just check them not too often but i think it really matters that which kind of coin you choose for daily trading and holding. i think under value coins are really good for daily trading and high potentials coins are usually used for holding for long term. It totally depends on everyone's schedule. Anyone who is into day trading normally as a profession can really make the two work. Usually, once I hit profit on a trade, I take part of the profit to buy the coin when it gets to the dip point and store for long term and there are also some coins that usually have some pretty good spikes too once in a while, for good profit. However, for someone who may not have the time for daytrading, HODLing is just the best thing to do, or long term trading. It is very much difficult for someone to decide any one option out of these two. For me, day trading is much more difficult to do and is having higher chances of loss of you are not good at trading. Moreover, this will require a lot of time and will demand much more hard work. I will go for holding of bitcoin as it will help me earn very good amount of money with less efforts and less risk.
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shiunsai
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October 21, 2017, 04:37:16 PM |
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i just holding and keep it up.i know hold is better. example 1year ago bitcoin price very low.and now bitcoin price day by day up.so i hold some btc .
Yup, I think that you should user Hold Strategy. I heard that there are some good news for Cryptocurrency recently such as South Korea starts regulating and taxing income Bitcoin. Therefore, you should buy Bitcoin now and wait for the rising of the price. good luck to you. I think for me i think both will work. The advantage of day trading is that you are always updated on what is happening on the market compared to long term holding where you just check them not too often but i think it really matters that which kind of coin you choose for daily trading and holding. i think under value coins are really good for daily trading and high potentials coins are usually used for holding for long term. It totally depends on everyone's schedule. Anyone who is into day trading normally as a profession can really make the two work. Usually, once I hit profit on a trade, I take part of the profit to buy the coin when it gets to the dip point and store for long term and there are also some coins that usually have some pretty good spikes too once in a while, for good profit. However, for someone who may not have the time for daytrading, HODLing is just the best thing to do, or long term trading. It is very much difficult for someone to decide any one option out of these two. For me, day trading is much more difficult to do and is having higher chances of loss of you are not good at trading. Moreover, this will require a lot of time and will demand much more hard work. I will go for holding of bitcoin as it will help me earn very good amount of money with less efforts and less risk. Yeah if your money is in bitcoins then holding is the best choice as price will surely increase in future and that would be the right time to sell your bitcoins and take the profits whereas day trading involves higher risk of loosing money as you never know where price will land in next couple of minutes or hours and if price starts falling then you will surely get panic attack which will lead to sell your coins at lower price.
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