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Author Topic: Day Trading or HODLING  (Read 1876 times)
BlockGemini (OP)
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October 18, 2017, 05:52:25 AM
 #1

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
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October 18, 2017, 06:38:34 AM
 #2

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

This question has been asked many times, since you are newbie it is much better for you to hold the coins you have. So that you can maximize or minimize your losses anyhow. Then while doing it, make reading most often here in the forum so that you are feeding yourself knowledge about everything here like knowing what bitcoin is, Basic trading, and other's.
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October 18, 2017, 06:58:22 AM
 #3

I experienced the same thing last year but my losses were not that large because I never used leverage. But those losses still hurt me because all the money I used for day trading was hard earned. After 6 months of losing, I came down to "buying the dips" as my main strategy, and it has worked very well for me since February, 2016.

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October 18, 2017, 07:02:05 AM
 #4

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

This question has been asked many times, since you are newbie it is much better for you to hold the coins you have. So that you can maximize or minimize your losses anyhow. Then while doing it, make reading most often here in the forum so that you are feeding yourself knowledge about everything here like knowing what bitcoin is, Basic trading, and other's.

Also, if you really want to enter trading then just use a little amount. You should know that trading is not for everyone. Every successful trader, those who profit, has a unsuccessful trader. For me, I just hold my money. I really want to learn trading that's I've used some bitcoins but no that much and played with it until I have a grasp of it. I just thrown a money that I'm prepared to lose.
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October 18, 2017, 07:06:45 AM
 #5

you should do whatever feels more right to you. you said you already tried so you have some experience, some taste of each one. it should be easier now to choose between them.

if you ask me i choose both.
but i choose my timing better. i mostly hold bitcoin and never day trade it. when i see i can predict the market well enough, i start trading. for example sell before a dip and buy back when i feel like the dip is near the end. the other times that i have hard time predicting, i simply stay away.
then i trade altcoins. i never have any attachments to any of them so it is easy for me to dump them fast.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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October 18, 2017, 07:07:14 AM
 #6

Day trading is very risky. I mean, I know a decent amount of TA, but in crypto TA is just useful on a short scale. Crypto is influenced by rumors, hence the saying "buy the rumor, sell the news". Trading analysis has little against a teenager with a lot of time that coordinates a fud attack on a particular coin (albeit, we're talking about smaller caps). I use TA for big coins, looking for entry points.
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October 18, 2017, 11:02:52 AM
 #7

that is why many people will tell you to hold your coin no matter what,
until now i always mises the 'massive' profits due to Day trading,
to be honest day trading is not a good start/strategy for us who do not really understand how it works and for them who can not move the markets.
every month i always misses 4x pump due to day trade,
but i never regret it,because my biggest goal as a trader is to secure the profit not losing it.
with the time i started to learn it and trying to surpress it a little bit,
no matter how good you are in day trade,your profit will never can surpass the holders.
that is the fact and the reality that we should know!

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October 18, 2017, 11:16:20 AM
 #8

My strategy is to hold, it is less stressful in my opinion.

Day trading can earn good profits but it is time consuming. I have a day job and can’t be on the trading screen watching the whole day, doing research and analysing the market.

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October 18, 2017, 11:56:10 AM
 #9

My strategy is to hold, it is less stressful in my opinion.

Day trading can earn good profits but it is time consuming. I have a day job and can’t be on the trading screen watching the whole day, doing research and analysing the market.

Yeah same here, I just don't have the time to learn about it and actually do it every day and the possibility of making losses due to bad trades makes me think that it isn't really for me anyway.

Also, I'm not too keen on keeping large amounts on exchanges, doesn't seem like a good idea, but for day trading it's a must.

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October 18, 2017, 12:13:54 PM
 #10

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast!
this is what i once warned people about.
by that time the altcoin market was all pump and always rise only. this made a lot of confusion among those who started trading. they all thought they are good at it and understand the market.
i don't know if you are exactly among those but many were and they are not facing the reality of the altcoin market while they keep losing money each month as the same altcoins have dump only.

Quote
I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
well as you can see the only coin that has a solid rise in the long term is bitcoin. i never expect a 10x rise out of it in something like a year but it is a good profit with lower risk than others.

for altcoins, things are different. if you look at their charts it is extremely rare to see a consistent rise. for example in a year you see price stable with a little drop then in 2 months out of 12 you see a big pump which lasts 2-3 weeks to reach the ATH and it is all downhill from there.
not knowing this pattern can mean getting caught in the dumping side of the hill top.

--looking for signature--
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October 19, 2017, 05:19:55 AM
 #11

Day trading is very risky. I mean, I know a decent amount of TA, but in crypto TA is just useful on a short scale. Crypto is influenced by rumors, hence the saying "buy the rumor, sell the news". Trading analysis has little against a teenager with a lot of time that coordinates a fud attack on a particular coin (albeit, we're talking about smaller caps). I use TA for big coins, looking for entry points.

If you have not noticed, technical analysis in Bitcoin does not work in the same way as stocks or commodities. Bitcoin follows its own sets of rules, and I believe some call it the "permabull" or the "honey badger", because it keeps going up.

Even Wall Street bankers are left puzzled by it,

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October 19, 2017, 05:39:47 AM
 #12

its better to hold for now and study the strategy of day trading..dont rush to do this because day trading is risky since you are a newbie better to read first about trading. and if you ready to encounter for day trading just do all with no emotion and ready to face the risk..but if you are a pro to day trading theres no worries we all know that trading can give huge profit..

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October 19, 2017, 05:47:11 AM
 #13

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
Day trading and holding are both profitable. Those two are really effective to gain more money but for me, it is better to use holding than the day trade. Many people became rich because of holding many coins.
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October 19, 2017, 05:55:24 AM
 #14

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
Day trading and holding are both profitable. Those two are really effective to gain more money but for me, it is better to use holding than the day trade. Many people became rich because of holding many coins.
I'm also agree that both of them are profitable but day trading is much profitable than holding because in day trading you can make several trades and also earn a good profit within the day even there is a big risk of losing money.

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October 19, 2017, 06:02:34 AM
 #15

If have a lot of time to stare in front of your computer to wait for the right time to sell then Day Trading is for you.
For me, day trading is more profitable. Imagine you if you can Buy and Sell 2-3 times a day with 3% profit on each.
But Day Trading requires research, timing and discipline, you need to watch your emotions carefully.
For Hodling, research is important. You need to avoid buying an ICO that is good for nothing or just a scam or a hype.
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October 19, 2017, 06:03:16 AM
 #16

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
Day trading and holding are both profitable. Those two are really effective to gain more money but for me, it is better to use holding than the day trade. Many people became rich because of holding many coins.
\
Everyone has their own trading strategy, I myself choose daily trading, because we can know what will happen in the market, if you think everyone can get rich just because holding it. But what if you expect it does not happen at all? I mean, if you buy a coin for $ 100 and you hold it, but in reality trading in the market is very bad, and the price drops drastically. So what will you do? Still holding? Or do you sell it with a loss?
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October 19, 2017, 06:08:19 AM
 #17

hodling alone is not profitable!
you hodl as a long term investment, for example you buy bitcoin when it was $200 2 years ago and hodl it for years (at least 5) and start either selling or spending depending on where you are to take that profit.
the same with any price though, $200 was an example. you can buy now at $5500 and hodl for 5 years and spend bitcoin when it is $500,000!

trading, or day trading, is when you want more profit than what you are already getting. i have tried both and i found that doing trades when i am most sure is the best strategy i can take.
i keep profit in bitcoin so i am always happy.
when i am sure of a movement i make a decision and for example sell before an FUD dump and then buy back in a couple of days when it is at the bottom. to have more bitcoin in my HODL wallet.

altcoins come in as the second part of my short term profits. since they are getting pumped, the potential profit that can be made from them is absurdly high. again here i go in only when i am sure not when i guess.

There is a FOMO brewing...
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October 19, 2017, 06:22:56 AM
 #18

That depends on your available time. If you don't have a job or you are free time. You can day trade. Day trading requires more time to spend since you have to monitor the movement every minutes and hours to look for opportunity to get some profit. But let tell you. Day trading is more risky than long term trading. We l know the crypcurrency nature. It's very unpredictable. Wild swings happens. If you have the skill. Then go for day trade. But if you are lack of knowledge on day trading. Long term is recommended. It maybe take too long to get profit. But it's more safe. Also the market still on massive correction right now. I don't think it's an opportune to day trade.
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October 19, 2017, 06:31:48 AM
 #19

Being a day trader is not that simple. Lot of users get I to day trade leaving back their regular job. This completely gets them into big risk, because with day trading one needs to be active as well needs to have good knowledge about the market variations. Whereas with holding all that required is a capital to buy and the increased security enabling to keep the bitcoins in a much secure manner as it can be viewed after long term.

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October 19, 2017, 06:34:42 AM
 #20

Well to me I prefer daytrade, seeing the way all these pump and dumb group are dealing with altcoins, is not advisable to keep so long. The only coin I can buy and keep without minding is btc
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October 19, 2017, 06:50:40 AM
 #21

I prefer day trading, because I try to be productive every day. but sometimes I am also holding if I think these coins have a good future.
 
if you already gain a lot better also to start investing with some project which is needed for some hold as they can bring much bigger profits, me after some time
I learned also to look for pre sale and ico project while also having some day trade coins I enjoy it as I'm getting enough to sustain my daily needs while waiting
for the big break coming out from those project that I'm holding.

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Getmon
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October 19, 2017, 07:00:47 AM
 #22

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

I have gone through the same bitter experience. I was doing that with ETH, SC, MCO, and ADX. At the end of the day, hodling proved to be much wiser. It would have given me more profit than day trading or even scalping. Day trade is a good source of income only if target prices are really accurate. If it's not, which is mostly the case, it is better to simply hodl purely.

MEGA

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October 19, 2017, 07:10:06 AM
 #23

Yah, I'd certainly be way farther ahead if I had just hodled.
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October 19, 2017, 08:19:47 AM
 #24

Day trading is not for the faint hearted. Big losses will leave you stressed so much. HODLing is way much more guaranteed to make huge returns in the long run as it is not ultimately affected by the day to day movements in crypto prices. Just like good ol stocks.
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October 25, 2017, 12:37:12 PM
 #25

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
From the way you say this, it seems like you’re a professional with lots of experience in this trading $h!t lol. I would have chosen HODLING, but with what you’ve said, if I can be able to do well as that, then day trading is a better option for me.
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October 25, 2017, 02:50:49 PM
 #26

We invite you to joint our channel in which we share the alerts of our trading robot.


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October 25, 2017, 02:59:48 PM
 #27

Not everyone can do day trading, to do this we should be experts in trading.and day trading is a highly risky job.
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October 25, 2017, 03:48:52 PM
 #28

as for me, I prefer long-term investments, due to the fact that the last trading experience with bitcoin was not successful when I sold the 5000, he grew up.
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October 26, 2017, 08:53:36 AM
 #29

Not everyone can do day trading, to do this we should be experts in trading.and day trading is a highly risky job.
These both are good type of trading and both have its own advantages and disadvantages. But it depend on the choice of people if you want to take a great risk then you can do day trading in which chance of win and loss have in equal ration while in holding trading chance of winning is more than loss.

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October 26, 2017, 09:15:47 AM
 #30

Not everyone can do day trading, to do this we should be experts in trading.and day trading is a highly risky job.
These both are good type of trading and both have its own advantages and disadvantages. But it depend on the choice of people if you want to take a great risk then you can do day trading in which chance of win and loss have in equal ration while in holding trading chance of winning is more than loss.
if you already have a lots of knowledge and you know how to assess well then day trade can be much better especially when you are always in front of your
computer and you can follow news and trends at will make some concerned whether the project will rise or fall, there's always an advantage between the two its up the person where he's interest would be.

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October 26, 2017, 03:44:09 PM
 #31

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
I have advice for you. You should choose daily trading instead of long-term holding. As a daily transaction, there will be plenty of new opportunities for you.
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October 26, 2017, 05:15:45 PM
 #32

I haven't really lay my hands on day trading myself but quite a number of people do it regularly but I feel its more pronounced in alt coins where you can easily move from btc to alt coin and vice versa or exchange sites that allows from btc to fiat and vice versa. I personally feel its going to be a stressful enterprise of having to double check your decision every time and several times in a day. It does not worth it at all couple with the fees that could erode the intended profit.

I would prefer to hold for a period of time say 2 weeks which within a lot of ups and down might have been witnessed in other to set an average expectations the moment the expectation is met, I am sell to wait for another day to enter the market and start the process all over again.
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October 26, 2017, 07:33:43 PM
Last edit: October 26, 2017, 11:31:03 PM by bitbob82
 #33

I haven't really lay my hands on day trading myself but quite a number of people do it regularly but I feel its more pronounced in alt coins where you can easily move from btc to alt coin and vice versa or exchange sites that allows from btc to fiat and vice versa. I personally feel its going to be a stressful enterprise of having to double check your decision every time and several times in a day. It does not worth it at all couple with the fees that could erode the intended profit.

I would prefer to hold for a period of time say 2 weeks which within a lot of ups and down might have been witnessed in other to set an average expectations the moment the expectation is met, I am sell to wait for another day to enter the market and start the process all over again.
I think day trading is not such an easy job for becoming a day trader you need a lot of experience in day trading. Day trading also need you be a quick decision taker, because in day trading you will take decision in seconds and if you will delay while taking the decision, then it can really create problem for you and can make cause a big lost of your.
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October 26, 2017, 07:43:18 PM
 #34

I haven't really lay my hands on day trading myself but quite a number of people do it regularly but I feel its more pronounced in alt coins where you can easily move from btc to alt coin and vice versa or exchange sites that allows from btc to fiat and vice versa. I personally feel its going to be a stressful enterprise of having to double check your decision every time and several times in a day. It does not worth it at all couple with the fees that could erode the intended profit.

I would prefer to hold for a period of time say 2 weeks which within a lot of ups and down might have been witnessed in other to set an average expectations the moment the expectation is met, I am sell to wait for another day to enter the market and start the process all over again.
I think day trading is nut such an easy job for becoming a day trader you need a lot of experience in day trading. Day trading also need you be a quick decision taker, because in day trading you will take decision in seconds and if you will delay while taking the decision, then it can really create problem for you and can make cause a big lost of your.
Day or Week trading isn't effective much on your trading results. It suit to each person. The right stragedy is a necessary thing in this situation.
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October 26, 2017, 08:06:54 PM
 #35

I haven't really lay my hands on day trading myself but quite a number of people do it regularly but I feel its more pronounced in alt coins where you can easily move from btc to alt coin and vice versa or exchange sites that allows from btc to fiat and vice versa. I personally feel its going to be a stressful enterprise of having to double check your decision every time and several times in a day. It does not worth it at all couple with the fees that could erode the intended profit.

I would prefer to hold for a period of time say 2 weeks which within a lot of ups and down might have been witnessed in other to set an average expectations the moment the expectation is met, I am sell to wait for another day to enter the market and start the process all over again.
I think day trading is nut such an easy job for becoming a day trader you need a lot of experience in day trading. Day trading also need you be a quick decision taker, because in day trading you will take decision in seconds and if you will delay while taking the decision, then it can really create problem for you and can make cause a big lost of your.
Day or Week trading isn't effective much on your trading results. It suit to each person. The right stragedy is a necessary thing in this situation.
Trading is all about timing and paotent and pikcing the right moment to sell depanding on the market and how the price is changing, and the changes don't go over a day, as said above if you chose day trading you may not get that much profit and you might even lose some in the exchange fees, but holing and picking the right mooment when the prices go high will defently get you some serouis profit.
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October 27, 2017, 01:35:41 PM
 #36

I haven't really lay my hands on day trading myself but quite a number of people do it regularly but I feel its more pronounced in alt coins where you can easily move from btc to alt coin and vice versa or exchange sites that allows from btc to fiat and vice versa. I personally feel its going to be a stressful enterprise of having to double check your decision every time and several times in a day. It does not worth it at all couple with the fees that could erode the intended profit.

I would prefer to hold for a period of time say 2 weeks which within a lot of ups and down might have been witnessed in other to set an average expectations the moment the expectation is met, I am sell to wait for another day to enter the market and start the process all over again.
I think day trading is nut such an easy job for becoming a day trader you need a lot of experience in day trading. Day trading also need you be a quick decision taker, because in day trading you will take decision in seconds and if you will delay while taking the decision, then it can really create problem for you and can make cause a big lost of your.
Day or Week trading isn't effective much on your trading results. It suit to each person. The right stragedy is a necessary thing in this situation.
Trading is all about timing and paotent and pikcing the right moment to sell depanding on the market and how the price is changing, and the changes don't go over a day, as said above if you chose day trading you may not get that much profit and you might even lose some in the exchange fees, but holing and picking the right mooment when the prices go high will defently get you some serouis profit.
Daily trading is of no use according to me as most of the coins does not have this unstable price to get high low each day. Yes surely some or the other day, you will get some good profit in day trading as that time the coin may get you your luck but in other time it is better to start trading with some good knowledge about trading skills.

Keeping a watch before buying on the dips is a most important phenomenon which should be studied for making some good profits in bitcoins. Even just selling at time is not that important but buying at a proper time is a must to maintain your profit.
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October 27, 2017, 02:07:22 PM
 #37

Obviously holding is the best option than trading. In trading, it is unpredictable that you will be profitable or not. There is also chance to loss huge amount of your capital by trading. On the other hand, holding give you a chance to increase your capital.
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October 27, 2017, 02:44:14 PM
 #38

Not everyone can do day trading, to do this we should be experts in trading.and day trading is a highly risky job.
These both are good type of trading and both have its own advantages and disadvantages. But it depend on the choice of people if you want to take a great risk then you can do day trading in which chance of win and loss have in equal ration while in holding trading chance of winning is more than loss.
if you already have a lots of knowledge and you know how to assess well then day trade can be much better especially when you are always in front of your
computer and you can follow news and trends at will make some concerned whether the project will rise or fall, there's always an advantage between the two its up the person where he's interest would be.
Knowledge is power as well as knowledge is light so if we get the knowledge about bit coin then the reasons behind the dumps and pumps of bit coin will become so  much clear to us and we will be able to generate money from trading in these both types of trading.
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October 27, 2017, 04:38:20 PM
 #39

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...


HODL, in case you really want to trade make sure you only trade 3-5% of your total portfolio, don't make the mistake and trade all of it.
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October 27, 2017, 04:45:30 PM
 #40

I'll go for Day Trading. If everyday you earn 3%-4% then in 1 month you can double your capital. While hodling can earn you good profits too but, you are limited to how much the profit you can earn from a particular investment. Hodling is less risky while day trading is risky because the tide may turn against you and suffer a loss. The problem with day trading is if you dont stick to the plan to Sell at a particular price.
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October 27, 2017, 05:13:02 PM
 #41

Day trading with good margin with is surely the best way to go and on a good platform because with that, one can turn it around several times in a day than what you can make when you hold and its due to the fact on the day one intends to sell after holding a long while, the price might just behave funny that the height the previous day, might another one month to get too which means waste of unnecessary time which would have been turned into profit if made as it comes.
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October 27, 2017, 05:24:28 PM
 #42

I'll go for Day Trading. If everyday you earn 3%-4% then in 1 month you can double your capital. While hodling can earn you good profits too but, you are limited to how much the profit you can earn from a particular investment. Hodling is less risky while day trading is risky because the tide may turn against you and suffer a loss. The problem with day trading is if you dont stick to the plan to Sell at a particular price.

Day trading needs the effort by yourself so you will be able to save the bitcoins instead of go for trading if you are lazy to watch the transaction all the time in any price graph site like coinbase, coindesk or cointelgraph.
If you are more concern about the trading platform you will be able to do that in polenix or bitrex site. You can set the trading frequently to make the profit.
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October 27, 2017, 05:38:17 PM
 #43

With everyday trading i have lost more than in investment
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October 27, 2017, 11:57:43 PM
 #44

I prefer day trading, because I try to be productive every day. but sometimes I am also holding if I think these coins have a good future.
 
How do you do it, with the current market conditions.
no one is promising at the moment. and look at some dying altcoins.
all you have to do now is keep it until 2018.
just give suggestions.

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October 28, 2017, 12:17:02 AM
 #45

Personally I can't do the day trading since I have a job well I just want to make more money so I set my selling price and buying price also though it's easy because you still need to analyze the market. I prefer holding when my target price is reachable that day, well I make money so not bad.
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October 28, 2017, 12:19:17 AM
 #46

I know that, lost pretty much with leverages attracted by fast profit.
Holders always finish winners!
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October 28, 2017, 09:25:20 AM
 #47

I haven't really lay my hands on day trading myself but quite a number of people do it regularly but I feel its more pronounced in alt coins where you can easily move from btc to alt coin and vice versa or exchange sites that allows from btc to fiat and vice versa. I personally feel its going to be a stressful enterprise of having to double check your decision every time and several times in a day. It does not worth it at all couple with the fees that could erode the intended profit.

I would prefer to hold for a period of time say 2 weeks which within a lot of ups and down might have been witnessed in other to set an average expectations the moment the expectation is met, I am sell to wait for another day to enter the market and start the process all over again.
I think day trading is not such an easy job for becoming a day trader you need a lot of experience in day trading. Day trading also need you be a quick decision taker, because in day trading you will take decision in seconds and if you will delay while taking the decision, then it can really create problem for you and can make cause a big lost of your.
And perhaps that is the reason why day trading is not much prescribed. Most if the peoples have to face some serious losses in day trading and can never achieve a good success in trading. Trading requires a lot of research along with a good patience. If you are not willing to wait then simply it is profitable to stay far from trading as panic sell always leads to loss.

Day trading may be sometimes use full and can also give profit in low time but still it wont be prescribed to a new trader entering the cryptos world as the profits in day trading will be much more lower than the risk we take. Always try calculating the profit we will get by taking sudden risk. Always only take risk if you find that it would be profitable or else try staying away from it.
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October 28, 2017, 09:34:19 AM
 #48

if you dont want stres on your mind hold. but if you want to gain some more profit start trading but first learn a few things about it, at list how to interpret graphics.
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October 28, 2017, 05:13:19 PM
 #49

Obviously holding is the best option than trading. In trading, it is unpredictable that you will be profitable or not. There is also chance to loss huge amount of your capital by trading. On the other hand, holding give you a chance to increase your capital.
yeah for me as well the holding is the best thing to do with then bitcoin because the value and the price of the bitcoin is increasing more and more so I think it is good to hold the bitcoin for the long time and be with the bitcoin so you will be able to hold if you are having the huge patience and the stamina for the bitcoin to hold for the long time and when you will sell the price will be more than double.

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October 28, 2017, 07:29:41 PM
 #50

As many I also found Holding to be well rewarding in reasonable time at the moment. While trading is also a good source of income in too short time, but the risk is well beyond my limits most of the time. But I do like to trade when I get sure about market movements which will led to profit.
Trading is much more enjoyable as it gives good return in short time if done accurately.
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October 28, 2017, 07:52:56 PM
 #51

Day trading is fine with me occasionally, when I feel like it. My nerves aren't made from steel and I don't want to be under that much stress every day. Spending it all on doctors later isn't worth it.
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October 28, 2017, 08:16:47 PM
 #52

Day trading is fine with me occasionally, when I feel like it. My nerves aren't made from steel and I don't want to be under that much stress every day. Spending it all on doctors later isn't worth it.

I agree with sonic here. Day trading is way too stressful to burn myself on it.

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October 28, 2017, 08:33:26 PM
 #53

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

Yes, you learned it and you're right in my opinion! Holding your coins you will higher profits and also you won't buy trading fees to exchanges. Just buy and hold and keep learning about cryptocoins. Making money in this world isn't easy (like anywhere else!) but can be extremely fast! No legit investment in the world can make you achieve so high profits in a so short period of time!

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November 01, 2017, 03:27:53 PM
 #54

I agree, just look at what has happened in the last few days for the perfect example. With a decent amount of capital to deploy and ability for leverage if you have the stomach for it. A ton could have been made on BTC/USD and other pairs as well.

In saying that, I'm perfectly happy hodling and not being occupied 24/7 by up-ticks or down-ticks.
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November 01, 2017, 03:43:44 PM
 #55

now bitcoin price highly increase so alt coin price decrease. if you buy now alt coin don't get any profit can not increase your satoshi. so I tell this time for hold your btc and if you can buy alt coin and hold it for long time.


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November 01, 2017, 04:10:28 PM
 #56

Day trading can be very stressful and time consuming. While day trading, you can also miss some opportunity by quick profit taking.

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November 01, 2017, 06:26:04 PM
 #57

You should utilized the power of the internet to our advantage and there are even more technologies, tools, apps, programs and including this forum to help you gain insight and make trading even easier.
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November 01, 2017, 08:37:07 PM
 #58

I`m still new to crypto. so I still do not have good knowledge about analyse the crypto market.I lost about $50 in day trading. because I still new to this. HODLING is a good thing that newbie also can do. until learning the analyse you can do  HOLD. it will be work you. this is a just idea of me. Wink Wink

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November 01, 2017, 08:44:55 PM
 #59

Depending on how good (or lucky) you are with trading it can level out. Wins & losses with trading vs. hopefully just growth holding.
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November 01, 2017, 08:47:18 PM
 #60

I'll go for Day Trading. If everyday you earn 3%-4% then in 1 month you can double your capital. While hodling can earn you good profits too but, you are limited to how much the profit you can earn from a particular investment. Hodling is less risky while day trading is risky because the tide may turn against you and suffer a loss. The problem with day trading is if you dont stick to the plan to Sell at a particular price.

why not to doing both of that?
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November 01, 2017, 08:55:39 PM
 #61

It depend on what aim have you got: if you want to earn money in long term HODl will be better, but if you need money to pay your bills trading will be better. But trading always more dangerous than HODL for long term.

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November 01, 2017, 09:54:28 PM
 #62

You should simultaneously trade and holding. Holding for projects that will develop in a certain time. Daily trading will make you profitable to spend. You should use these two methods at the same time to maximize your profits.
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November 01, 2017, 10:39:16 PM
 #63

I'm holding long with all my investments currently.
Might start to day trade in the near future though, but so far I've yet to sell anything in the past 1+ year.
No losses.
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November 01, 2017, 11:37:13 PM
 #64

You should simultaneously trade and holding. Holding for projects that will develop in a certain time. Daily trading will make you profitable to spend. You should use these two methods at the same time to maximize your profits.
It depend on what aim have you got: if you want to earn money in long term HODl will be better, but if you need money to pay your bills trading will be better. But trading always more dangerous than HODL for long term.

In my opinion, you should invest only because invest does not require much work and is free from risks. Invest into something that is definitely profitable and you will not lose. Like for example you're investing in a property or a house. The price of a home will always go up over time and will not go down. In contrast to Bitcoin investment, Bitcoin prices can still go up and down and you can profit and lose.

But some people are trading for investing. Some people deliberately do trading to collect money.
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November 01, 2017, 11:59:22 PM
 #65

It's really hard to say about this subject, cause somes win in day trading , somes lose. And it's the same to holding. So you should figure out which is suitable for you to play with . Not from someone else.
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November 02, 2017, 12:45:38 AM
 #66

I prefer to HODL now,
Trading is like unoredictable.

Trading makes me tired at some point.
I like to HODL now,
too many information now
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November 02, 2017, 12:47:34 AM
 #67

HODLING is the best now.

You have BTC, HODL it.
I start to sell it some to do HODLING on altcoins.

The key is; HODLING is the best now.
Money is just growing,
BTC is rising,

HODL
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November 02, 2017, 12:57:29 AM
 #68

I been learn about trading strategy in 3 years, learn about technical and fundamental analysis but until now still difficult for me to get consistenct profit because I can not control my emotion, and now I decide only Hodling some coin that has strong in fundamental like BTC and ETH.

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November 02, 2017, 01:09:27 AM
 #69

I been learn about trading strategy in 3 years, learn about technical and fundamental analysis but until now still difficult for me to get consistenct profit because I can not control my emotion, and now I decide only Hodling some coin that has strong in fundamental like BTC and ETH.

Even you can control your emotion, You will still not memorized the way on how to constantly have profit on altcoin trading because crypto market is too unpredictable. Hedging is the best way to have aconstant profit but still this method is under development for cryptocurrency.

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November 02, 2017, 02:18:27 AM
 #70

HODLING is the best now.

You have BTC, HODL it.
I start to sell it some to do HODLING on altcoins.

The key is; HODLING is the best now.
Money is just growing,
BTC is rising,

HODL

Holding may actually be the best option because it takes very little effort and the price keeps going up so your going to make a good profit just by buying and holding.

I’ve done a lot of trading and there is potential to make more money, but there is no guarantee that you can time it correctly. Plus it takes a lot of time and effort to set up all the trades and do all the research necessary to trade properly.
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November 02, 2017, 07:32:47 AM
 #71

If you have another income, you should hold for a long time. If not, you can choose to trade in short time. But remember that, don't be greedy. Let sell with 5 or 10% profit.

Someone used my Account for 3 Month, why would someone do this?
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November 02, 2017, 10:08:14 AM
 #72

If you have another income, you should hold for a long time. If not, you can choose to trade in short time. But remember that, don't be greedy. Let sell with 5 or 10% profit.
it depend on the choice of a person if you are good risk taker and want to earn more money in less time then you need to do day trading but in day trading win and loss are 50% chances but in holding trading win chances is more as compare to loss chances.
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December 10, 2017, 03:14:54 PM
 #73

It depends on the experience on trading you have, and the time that you can use on it.

The formula would be

High experience high amount of time to dedicate: then daytrade

Other: buy and hold

Some good day traders have also some long term stocks.

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December 10, 2017, 03:21:12 PM
 #74

Based on your experience you have been profiting from your day trades when Bitcoin was priced around the 1000$ level and right now you are thinking that you have missed your opportunity to earn just by holding, which is right now 15x the amount when you are just trading (well in December 10 of course) but you can answer your question yourself would you have earned more if you hold your Bitcoin compared to when you are earning it via trading. Additionally you must think of the urgency of money as holding cryptocurrency won't satisfy that matter as you won't profit now rather you are expecting to profit big in a long term perspective.

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December 10, 2017, 05:22:35 PM
 #75

So right about Holding for long term because now its really too high value since we never see. After some dips its slightly increasing its trend. I would suggest long term is better than trading. Trading can be profitable if you are doing at least from couple of months back so that you would've get more profits.
Alts can good for trading and long term holding however its totally depends up on the projects they handling right now. If its last for some more years then your alts will grown automatically..
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December 10, 2017, 05:31:37 PM
 #76

It depends on the experience on trading you have, and the time that you can use on it.

The formula would be

High experience high amount of time to dedicate: then daytrade

Other: buy and hold

Some good day traders have also some long term stocks.

If you are a buyer than day trade is best,you can brought with low price. If you are a seller of bitcoin then obviously night trade is best and you have to hold in the morning. As all know the maximum price rise will be on a night and not at the morning. Day time you have to hold and sell at night time to get profit.
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December 10, 2017, 06:16:51 PM
 #77

I believe that since trading requires more flexibility in terms of time and strategy planning, it is not everyone's cup of tea (including salaried professional like me) so for me, investment is a better option where I can spend my free time to do the research and other stuff and invest according to it. Whereas when it comes to trading, I have to spend my day or weeks as per the market movement and it is difficult for me at this stage and thus I would suggest trading for those having much flexibility and investing for those who don't have that flexibility.
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December 10, 2017, 06:29:43 PM
 #78

If you have more money for trade then I suggest you do hold trade.Because I hear hold is gold.You look bitcoin one year old price and now bitcoin price. it's very different from previous price.So hold and get more profit next year.Yet you want to trade daily to find some good coin.
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December 10, 2017, 07:35:40 PM
 #79

I have lost 30% of my portfolio in the last bitcoin bull run. Invested in some altcoins at their support level couple of hours before bitcoin got pumped and all of them dipped. What I learnt from this is we should always keep an eye on bitcoin's charts if we want to day trade.
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December 11, 2017, 10:48:02 AM
 #80

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

whether you are day trading or trading delivery you need to have correct knowledge, good amount of practise and you must be passionate about trading otherwise both day trading and eod trading will not work for you. If you are a beginner then i would suggest you to go for swing trading which is the much simpler than day trading and it is less stressful than  day trading.

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January 27, 2018, 07:46:09 AM
 #81

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
I think this is the right time for you to trade, the price of bitcoin is currently down slightly, according to my analysis, the bitcoin is in a strong position and is likely to rise very high. Now you need to do that is to buy bitcoin and wait for it to rise and sell to profit. If you do not want to trade, you can also buy and hold long term is also a very safe option.
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January 27, 2018, 08:26:41 AM
 #82

this also depends on the kind of trader that you are. If you're a day trader, you go in and out within the day, the longest would probably be 3 days. It has come to my understanding that when trading crypto, you have to ignore the usual movement of stocks or forex which could be in a week or maybe a month. A month in those traditional markets can only be a matter of minutes or hours in crypto. i hope you can give me advice on what do you think is best, small profits in a day or hodling and expecting huge gains?
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January 27, 2018, 10:12:47 AM
 #83

So far,my experience it depends which coins you imvested,

But i prefer hodling alts tht has more potential,
I do scalping for sometimes for particular coins,
We need tp observe which coins is good for scalping and swing,
But for beginners it safe if you are a hodler.

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January 27, 2018, 10:21:56 AM
 #84

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
It's because the cryptocurrency you hold like bitcoin and ethereum has a large community or is at the top of cryptocurrency, for what cryptocurrency in my top position is better for holding, the profit of long term may not be doubled, because I tend to be more interested in day trading.

.
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February 02, 2018, 04:22:03 PM
 #85

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
Day trading and holding are both profitable. Those two are really effective to gain more money but for me, it is better to use holding than the day trade. Many people became rich because of holding many coins.
I'm also agree that both of them are profitable but day trading is much profitable than holding because in day trading you can make several trades and also earn a good profit within the day even there is a big risk of losing money.
I believe that today is a very wonderful day for us, as the market is changing a lot. This is the time for us to hold the bitcoin and other coin. It is known that India has decided to ban all bitcoin-related activities in the country that have caused the market to lose a large number of investors, resulting in a terrible downturn. So whoever intends to hold then buy USDT at this point to the lowest price buy and hold.
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February 02, 2018, 04:34:32 PM
 #86

As of now it is a nightmare on day trader because the marketscap price was bloody colors, it is not time to trade instead this is the great opportunity to invest more in crypto currencies and hold it from your portfolio. Holding investment is the great decision for long term it is lower risk compared to day trading. Always put in you mind that invest the amount that you can afford to lose.
Better to hold those coins was potentially have a good profit like bitcoin and ethereum.

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April 26, 2018, 06:44:42 AM
 #87

Basically I don't do day trading and not even considering doing it anytime all I subscribe to is holding my coin for a long time till my target is met,  yes I set target in all investment I ventured in.  So I don't sell till I meet my target,  no one can make maximum profit in crypto though
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June 04, 2018, 12:16:48 PM
 #88

I think day trading is the better choice than to holding because in terms of profit is much better in day trading
because you will gain an income or profit in daily basis unlike in holding you will earn too income but not the same range that day trading can do.
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June 06, 2018, 11:38:13 PM
 #89

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
I think you should not hold on at this point in the long run, bitcoin prices are still bearish so long term investment is very risky. At short-term trading day is the best choice, you can see that bitcoin prices are constantly adjusting and rising slightly in recent days, this is a great condition for you to trade altcoin into public and collect profit margins.
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June 06, 2018, 11:59:20 PM
 #90

I think day trading is the better choice than to holding because in terms of profit is much better in day trading
because you will gain an income or profit in daily basis unlike in holding you will earn too income but not the same range that day trading can do.
Holding long sometimes sucks that we need more backup to still living unlike day trading we can earn as long as we watch the market and grab that timing.

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June 07, 2018, 10:59:29 PM
 #91

My strategy is to hold, it is less stressful in my opinion.

Day trading can earn good profits but it is time consuming. I have a day job and can’t be on the trading screen watching the whole day, doing research and analysing the market.

I believe that short-term trading by day is the best choice at this time, you can see that bitcoin prices are constantly changing and difficult to predict, so in order to be successful you need to Always monitor the market and monitor bitcoin prices. For a market that is in a bear market, day-to-day trading is the best option.
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June 07, 2018, 11:11:09 PM
 #92

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
I think that with a market that is in the bearish trend, the best choice for the short term trading day is, you can see that the market is volatile and difficult to predict, because To be successful you need to have a clear plan and always follow the plan. Short-term trading will minimize the risk and you will be able to preserve profits.
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June 07, 2018, 11:12:47 PM
 #93

Buy-and-hold is a time-honored strategy and it's hard to argue against its Effectiveness in terms of trading however it's important to understand that day trading is men to optimize prophet and should not be undertaken by the Layman. Unless you understand the fundamentals of economic principle the chances are that you're going to have your lunch eaten eventually no matter how much you win in the short-term
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June 07, 2018, 11:17:59 PM
 #94

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
Really i am not good in trading i always loose the deal because of following hype fired up everyday so i rather now holding only good coins with bright future doesn't mater how long it will take to gain good return .

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June 07, 2018, 11:23:53 PM
 #95

Well to me I prefer daytrade, seeing the way all these pump and dumb group are dealing with altcoins, is not advisable to keep so long. The only coin I can buy and keep without minding is btc
You can see that the market is constantly fluctuating and hard to kick, bitcoin prices are constantly adjusting and currently at the $ 7600 level, this has caused the price of altcoin is falling sharply at this time. . According to my analysis, the market is bearish in the long run, so you should only trade short to reduce risk and ensure profit.
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June 07, 2018, 11:45:22 PM
 #96

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
Short term trading is the best choice when the market is bearish. You can see that bitocin prices are constantly fluctuating and do not follow any specific trend, so in order to successfully trade you need short-term trading to minimize risk and preserve profits. The market is constantly fluctuating so you need to always follow bitcoin prices.
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June 23, 2018, 07:20:38 AM
 #97

I’m prefer in day trading than holding because in day trading you will be more profitable
because in daily basis you will earning a good amount of income unlike in holding there’s no exact time that you will earn income.
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June 23, 2018, 08:29:36 AM
 #98

I’m prefer in day trading than holding because in day trading you will be more profitable
because in daily basis you will earning a good amount of income unlike in holding there’s no exact time that you will earn income.
Instead of day trade, I mostly like HOLDING because its easy and I did not have to do any work. just buy and wait for the next pump. Smiley now bought a lot of Waves and waiting for next pump Smiley
Yes.  I think the market is in downtrend.  Holding will be a better trading option.  will preserve the capital and wait for the next pump to make more profits
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June 23, 2018, 08:53:52 AM
 #99

I think Hodl during bear market will be rewarded!

Keep in mind total marketcap of all cryptocurrencies is ~300 billions!
While single companys like microsoft and apple have 700-900 billions!
I think we're still at the beginning!
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June 23, 2018, 09:47:11 AM
 #100

I’m prefer in day trading than holding because in day trading you will be more profitable
because in daily basis you will earning a good amount of income unlike in holding there’s no exact time that you will earn income.
Instead of day trade, I mostly like HOLDING because its easy and I did not have to do any work. just buy and wait for the next pump. Smiley now bought a lot of Waves and waiting for next pump Smiley
Yes, profiting from the Crypto market is simple for those who are patiently waiting, HOLDING the coins in time and waiting for the opportunity, keep an eye on the price and do not be impatient when the price of the altcoin drops, they will increase again and you sell them at the appropriate price.
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June 23, 2018, 10:05:38 AM
 #101

At present, the market is not suitable for day-trading and it is for experienced traders. It would be better to play safe and hold your coin for a year or so, it would be profitable for you.
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June 23, 2018, 10:34:44 AM
 #102

it seems that I prefer to always make trades to be able to always get a profit even though only a little but in my opinion it is quite enough to grow the capital that I have can be very expensive.
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June 23, 2018, 11:03:23 AM
 #103

i am a day trader and i have account just for HODL

after 3 years of trading and HODL i found that HODL is much better than trading

But you have to know what is the perfect coin to HODL

For me , i would rather to HODL now especially we are in Bearish market
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June 23, 2018, 11:10:46 AM
 #104

Honestly, it is all depend on what you want. In fact, if you want a guarantee profit, especially in a long term (because there is a big dip in this period), then the only decision is the HODL all your budget in best profitable cryptocurrencies in the market (like, Ethereum, Bitcoin, Ripple, Cardano, Tron...), and if you want to take the risk, then you can choose the day trading, and in reality, I do not recommend it, because it is expected that this big crisis will continue and it will last for some period.
In addition to that, I think that appropriate decision during this period, is choosing the long term trading, especially in cyptocurrencies who has a large value of Market and weak price and it is certain that the best example of that is Ripple (XRP).
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June 23, 2018, 11:16:07 AM
 #105

Day trading requires big concentration and time to learn information about investment objects. The best strategy for newcomers is to try buy low any cryptocurrency from top-50 and hold it to sell in high. If you want to trade into a day you will have to learn about technical and fundamental analysis. Because successful day trade is very difficult.
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June 23, 2018, 11:19:20 AM
 #106

I experienced the same thing last year but my losses were not that large because I never used leverage. But those losses still hurt me because all the money I used for day trading was hard earned. After 6 months of losing, I came down to "buying the dips" as my main strategy, and it has worked very well for me since February, 2016.
means that if the situation is like this is time to hold your assets do not sell because the price is down if you can add more assets if you believe the end of the year prices will rise or recover and there you can get big profits.
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June 23, 2018, 11:43:18 AM
 #107

At present prices of altcoin are falling, the two major coin in the market are ETh and BTC are the two coin the deepest decline, now is probably the best time to buy them.
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June 23, 2018, 01:40:07 PM
 #108

So far,my experience it depends which coins you imvested,

But i prefer hodling alts tht has more potential,
I do scalping for sometimes for particular coins,
We need tp observe which coins is good for scalping and swing,
But for beginners it safe if you are a hodler.

I think that at this point you should only trade short-term by day and should not hold any coin at this point, you can see that bitcoin prices have been steadily decreasing in recent days and have dragged there. The price of altcoin fell sharply. The market is in the downtrend phase so bitcoin girls will be able to continue to fall sharply, keeping the coin you will only damage the heavier only.

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June 23, 2018, 03:14:17 PM
 #109

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

That depends on your goal. Hodling is a more passive approach in venturing in the cryptocurrency market as compared to day trading which is a more active but also more grueling because it needs to so much more things to check and to observe to determine which trades should be pursued. For me who has a full time job and other activities, I can't spend too much time checking on the market and how the coins are moving, which is a requirement to do when doing day trading. So, as much as I want to try day trading, I only do the passive approach which is hodling.
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June 23, 2018, 03:43:33 PM
 #110

I rather pick the holding than day trading , but both of this ways are profitable the only differences of this is how long you wait , or the patience , despite the differences of this two ways , hodling is much prefer for me than day trading , it's more profitable yet advisable mostly to the new at the bitcoin industry.



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July 30, 2018, 03:11:41 AM
 #111

For 8 months I trade almost 300% of my profit, just imagine if you have 1 Bitcoin maybe your Bitcoin so there are 4.

But all of it is great patience, I always stoploss when the price drops in 5% for fear of falling deeper.
Note: I am trading in Bittrex, Binance and Kucoin.
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July 30, 2018, 03:35:50 AM
 #112

I am more of a HODLer but I still have some money on the side where I will try to make some day trades. Mostly buying legit coins at the daily low and sell at the daily high to make around 5%. If I make 1 trade per day I am happy.
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July 30, 2018, 09:00:11 AM
 #113

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
You can see that the market is constantly fluctuating and difficult to predict, bitcoin prices may be fluctuating and increasing in recent days, but the price of altcoin is currently not showing signs of significant improvement. So I think the bitcoin price will be able to drop sharply at any time.

I believe the current day trading is the best choice, hold high risk because if the bitcoin price drops you will suffer huge losses.
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July 30, 2018, 01:10:53 PM
 #114

On my own, I always choose long term trading, because day trading requires you to have in-depth knowledge of market trends, or know the trend of coins, so expect get profit.
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July 30, 2018, 04:55:19 PM
 #115

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
I think that we need to have a golden middle between that because trading without experience will cause you to lose everything and holding without a perspectives will lead us to the same results.

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July 31, 2018, 06:17:12 AM
 #116

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
You can see that the market is fluctuating continuously, altcoin prices are falling sharply today and bitcoin prices are adjusting at $ 8200 level. Therefore, I believe that at this point you should only invest short and transaction day to be able to minimize the risk. The market is volatile and difficult to predict so always have a plan to minimize risk.
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July 31, 2018, 07:11:03 AM
 #117

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...
I think you should trade the day and should not hold at this point, you can see that bitcoin prices are constantly fluctuating and rising sharply in recent times, but today bitcoin prices have started to decline slightly. According to my analysis, the market is still in a bear market in the long run, so bitcoin prices may continue to drop sharply at any time so you should make short-term investments at this time.
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July 31, 2018, 07:17:47 AM
 #118

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

You can still day tradr during the lows just to increase your holding. If you said you have earned a lot during the peak, if you can, take the risk and trade. If you do noy want to risk, just hold. The market is starting to recover.
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July 31, 2018, 08:33:14 AM
 #119

In my own opinion, day trading is good if you know what you are doing and know how to predict prolices of commodities. You need to be a veteran to be able to achieve that and sometimes, it still does not go your way as a veteran. Holding is synonymous with long term investing. This makes you believe in the project you invested as you intend to make big profits over the long term by holding the tokens of the projects that you believe in
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July 31, 2018, 09:24:17 AM
 #120

As long as i did my fundamental analysis right, my long term trading always outmatched day trading just because i took way less risks there.

To be honest i think that day trading is way more like a lottery
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December 22, 2018, 09:50:45 AM
 #121

If you have enough knowledge and experience, or a desire to learn how to succesfully trage you can try to trade. On other case Hodling is the best stragedy for you.
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December 22, 2018, 02:22:49 PM
 #122

If you have enough knowledge and experience, or a desire to learn how to succesfully trage you can try to trade. On other case Hodling is the best stragedy for you.
yes, I strongly agree with you if you are sure of the experience and analysis you have, so you should do daily trading.
but if you are not sure of your abilities the best thing you can do is still hold it back
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December 22, 2018, 04:45:57 PM
 #123

I like to trade when the market falls or fluctuates strongly because at the moment everyone's psychology is very afraid and cheap to sell so i can buy cheap coins. Good profits. When the coins have stability. I often keep them.
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December 22, 2018, 05:14:19 PM
 #124

Just choose where you can be more productive, there are many differences between  day trading and hodling. If you are a risk taker,  then it is better if you will do day trading for you to earn more opportunities.
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December 22, 2018, 05:40:06 PM
 #125

No one will suggest you exactly because we don't know about your skills in trading. If you are very experienced then it is very good for day trading in order to make a profit and if you don't have experience it is very good to hold them in long-term.
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December 22, 2018, 06:09:12 PM
 #126

Not all of coins are good in day trading and hodling. Before you make an investment, you should determine first if the coin that you will buy is good for long term investment or it is good for daily trading.

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December 23, 2018, 01:42:05 AM
 #127

Not all of coins are good in day trading and hodling. Before you make an investment, you should determine first if the coin that you will buy is good for long term investment or it is good for daily trading.
Lol then what are the criteria for a coin that is suitable for hodling but not suitable for trading? maybe I would agree more if not all coins are suitable to be hodl because a lot of shitcoin in crypto doesn't have a clear future. but for the short term almost every coin has a price change. so you can use it for daytrade
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December 23, 2018, 04:23:45 AM
 #128

Although for most people hodling is very profitable but for me it will only make the capital stuck for a long time, and there is no guarantee will get profit. Although will get profit but I am sure it will not exceed the results of daily trading. So I prefer to do daily trading, because besides can getting profits quickly the results can also be enjoyed immediately at that moment.
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December 23, 2018, 04:41:23 AM
 #129

In this situation, it is better to try to do day trading because I see that the market can move to a higher price and then back to the lower rate. It means we can try to make a profit from many coins because I see that small coins price still trying to move up from the lower price. But we need to choose the right coins so we could make that profit and as long as we can analyze the right coins, I am sure we can find one or two coins that could help us to make the profit.
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December 23, 2018, 04:41:43 AM
 #130

I think it's better now that I will hold back some of my altcoins to wait for a good market price, because I think now the altcoin prices are starting to rise, so I will wait a little while with market prices rising higher.
cryptocurrency market seem look better now.price shows up mostly and holder could be happy with this current situation.so year end sale was not proved.if this price movement continue and would not down again, i think investors and traders become more confidence to add their bitcoin or altcoin stock.

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December 23, 2018, 05:35:30 AM
 #131

I like to trade when the market falls or fluctuates strongly because at the moment everyone's psychology is very afraid and cheap to sell so i can buy cheap coins. Good profits. When the coins have stability. I often keep them.
for me, this kind of situation must be noticed. maybe the price looks like a discount, and of course it's good to buy. however, we know that the potential to go down is greater, so I might hold back or sell the assets that I have.

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December 23, 2018, 06:57:51 AM
 #132

I like to trade when the market falls or fluctuates strongly because at the moment everyone's psychology is very afraid and cheap to sell so i can buy cheap coins. Good profits. When the coins have stability. I often keep them.
for me, this kind of situation must be noticed. maybe the price looks like a discount, and of course it's good to buy. however, we know that the potential to go down is greater, so I might hold back or sell the assets that I have.
some experts said dont catch the failing knife.maybe we could hurt if doing this.the same condition could happen in cryptocurrency trading too, while price down sharply if againts the trend we could suffering loss.

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December 23, 2018, 07:22:08 AM
 #133

when you trade daily you can profit quickly without having to wait a very long time but if you hold a coin that doesn't have potential then maybe you will just be stuck at a high price. if you want a holding you have to buy coins that are potentially like bitcoin.

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December 23, 2018, 07:37:08 PM
 #134

I like to trade when the market falls or fluctuates strongly because at the moment everyone's psychology is very afraid and cheap to sell so i can buy cheap coins. Good profits. When the coins have stability. I often keep them.
for me, this kind of situation must be noticed. maybe the price looks like a discount, and of course it's good to buy. however, we know that the potential to go down is greater, so I might hold back or sell the assets that I have.
some experts said dont catch the failing knife.maybe we could hurt if doing this.the same condition could happen in cryptocurrency trading too, while price down sharply if againts the trend we could suffering loss.

Right I think holding is the best way to save your money from lose. Try to buy more and store for long term trading. I hope no body wants to cut their hands in this sharp situation of market so have patience and buy more so that tomorrow you will trade for long term. In short I prefer trade for long term it is money saving and profit making resource.

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sweetbet
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December 23, 2018, 10:42:08 PM
 #135

I swing trade and hodl. When the price skyrockets to a nice high, I will usually sell and take profits, before waiting for a re-entry price. If the price doesn't move for a long time, then I simply hodl.

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December 23, 2018, 10:52:05 PM
 #136

I always prefer trading than HODLing. I only HODL when the market is bullish and once it's over I'll continue with trading. The trading is more profitable if you have the trading experience. HODLing is for the lazy amateurs  Grin

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December 24, 2018, 02:00:44 AM
 #137

It will depend on the market performance. If the price up and down in the wide range daily then I may choose to trade. But when I faced a long down trend, then hold is the only option till the price is up again. So, trading or holding will be determined by the market condition.

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December 24, 2018, 06:35:26 AM
 #138

I always prefer trading than HODLing. I only HODL when the market is bullish and once it's over I'll continue with trading. The trading is more profitable if you have the trading experience. HODLing is for the lazy amateurs  Grin
Yes, lately, I have seen many people who prioritize trading compared to holding back. well, maybe this happens because there are many people who are disappointed that they held back coins since 2017 until now.


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