Day Trading or HODLING

[arseaboy]

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.

[Getmon]

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.

[hownowbrowncow]

Yah, I'd certainly be way farther ahead if I had just hodled.

[andreboaz]

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.

[Kevin77]

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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[Manchumichael]

Not everyone can do day trading, to do this we should be experts in trading.and day trading is a highly risky job.

[morgan4140]

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.

[rausvi15]

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.

[arseaboy]

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.

[tenkuna]

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.

[audaciousbeing]

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.

[bitbob82]

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.

[blazecygnus]

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.

[Shenzou]

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.

[stepwilli]

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.

[Rana590]

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.

[bearexin]

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.

[BlockchainReserve]

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.

[lemipawa]

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.