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Author Topic: Holding BTC vs Day trading or short term trading.  (Read 2764 times)
ThunderCatSteve
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December 02, 2017, 07:35:01 AM
 #81

I think it would be better to hold Bitcoin.The price of all the coins is now less.Bitcoin is increasing day by day and the price of altcoins decreases day by day.Now buy altcoins short time trading seems like a risk.Bitcoin can safely hold.Bitcoin is the safest investment.
Bitcoin is great investment no doubt in it. You can’teven think of bitcoin as dying currency so, if you believe in this fact that bitcoin will stay longer than better is to make bitcoin as you investment. Prices for bitcoin is increasing day by day and a time come when there will be so short number of bitcoins and only those will be profitable who would have held bitcoin with them.

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Tamilson
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December 02, 2017, 10:35:13 AM
 #82

So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today.  #Lessonlearned

It's actually depends on someone's capabilities but sometimes shit happens as we didn't expect it's coming.
Since the current price of bitcoin is in the sky and while the alts are left behind I switch to swing trading from day trading as the big whales now are also into swing trading so the pump and dump are hard to achieve as well as the day trade. It's kinda risky though so just hold it when you can bare the risk.

Happy Coding Life Smiley
upsidedown75
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December 04, 2017, 03:59:18 PM
 #83

So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today.  #Lessonlearned
In trading I prefer to do short-term trading or day trading, usually I get benefit only from small pump pump which often happens. and for me it was so much fun Grin
Short term trading and most especially when it comes to positioning trading has always been a very good one to profit and reduce the risk of losing if you can do it right. I have made a lot from short term and the risks are less if you have a good strategy in knowing how to position your trade. However, it is always good if you have a lot to trade with whereas day trade can help you make a lot even with small bucks.

IMO day trading is better than only hold BTC. But it's also more risky than holding BTC cause you can lose sometime when you made wrong decision. But it'll be ok if you have enough experience and skill in trading Cheesy
With day trading, you can make a whole lot of money in the process if you are smart and can make good quality decisions. It is obviously not an easy task to do but it can be worth it. I have known guys who used daytrading to increase the very little they have been holding for a while. The risk is huge and you have to know how to trade well as you can get burnt when you make the wrong move.
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December 04, 2017, 04:37:38 PM
 #84

I usually do the 3 things because i feel that i need to do the different ways of earning because i want to have an experience and also knowledge about those things so for the next time, i can share something to the people that i learned personally and experienced it full by myself.



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CGPA
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December 04, 2017, 08:11:20 PM
 #85

Bitcoin hold can be profitable for many.Because the price of the altcoins suddenly can be reduced.It can not be said when it will grow.But Bitcoin is in that state now, Bitcoin hold will be the best.
sandy8800
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December 04, 2017, 08:51:48 PM
 #86

You should only do day trading if you are expert and have mastered all the skills required to read charts and other indicators. If you are just learning, than it is better to select 3 or 5 coins and invest equal amount in them and hold it for long term. Even if 2 coins wont make you good money, other three will.
cwiney
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December 04, 2017, 09:21:14 PM
 #87

Why don't you choose both ways? Grin
You can hold the half of your asset for a long term and use another half for the daily trade. At least when you lost on the trade you still have your asset Cheesy
mayidid
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December 04, 2017, 11:54:10 PM
 #88

If you trade Bitcoin and are good/lucky enough to time the buys and sells correctly, then you will make more money trading than holding. I have had times when the price of Bitcoin had a big increase and I sold, but the the price kept rising and I lost out on some more big profits. My suggestion is to hold some Bitcoins for long term and trade a little. This way you are doing both and you won't miss out of big gains like I did. Another negative to day trading is that it takes a lot of your time if you want to do it right. You have to be watching the charts every day.
Coffee2015
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December 05, 2017, 12:29:47 AM
 #89

Holding BTC,
Pumping BTC

They are the best now
wumBowo
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December 05, 2017, 12:34:52 AM
 #90

Why don't you choose both ways? Grin
You can hold the half of your asset for a long term and use another half for the daily trade. At least when you lost on the trade you still have your asset Cheesy
this is way more effective if you have big amount of BTC.
If you have a skill to analyze chart or a people who love consuming their day and time to researches the news or anything related with bitcoin. Daily trading is suitable for you

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Qunenin
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December 06, 2017, 05:29:38 PM
 #91

If you asking here about that, you will get some various answer and opinion.
In my opinion, if crypto trading, i will do long term or holding my asset and selling them when its high.
Thats my prefer.

So, in directly you mean that  trading is better and sell the coins when rate is high. Well trading is not as simple as it seems to be. Also Day trading is even more difficult as it  requires eve more risky moves as you have to get profit with a day or so and this is not very easy to achieve.
I think unless you are expert in trading, hold your BTC with you.

.
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reronggo
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December 06, 2017, 05:45:23 PM
 #92

for now, it will be better if you hold your bitcoin, because the effect of BTC price will make some altcoins dead or being dumped, you cant use short term or daily trading method if the situation like now. but keep watch the market, when any altcoin active or get pump, you can use short term method to gain better and faster profit than hold your btc.
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January 25, 2018, 02:17:14 AM
 #93

So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today.  #Lessonlearned
I think with the present value of bitcoin, the bitcoin future will be extremely developed and increasingly more and more people will accept this currency. With the great applications of high bitcoin and high level of security, I believe that bitcoin will replace USD as the world currency. So the value of bitcoin will increase over time is the essential kite You should hold the blitcon long time should not trading very dangerous without experience.
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January 25, 2018, 05:27:08 AM
 #94

I usually do the 3 things because i feel that i need to do the different ways of earning because i want to have an experience and also knowledge about those things so for the next time, i can share something to the people that i learned personally and experienced it full by myself.
Precisely, you don't need to choose between those 3 because all of them are going to give you profits if you are going to do it in the right way, if you are only excelling in one of those three, then you don't have to do it all, just pick one, and focus on it then that is it, that is how you are going to make profits that you wanted, though doing all of those will give you more.
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January 25, 2018, 05:38:34 AM
 #95

trading is the most difficult strategy in cryptocurrency. you have much knowledge, technical skill and news hunting skills. it makes you very tired. so, the best way is that buying a good coin and hold for a long term.
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April 18, 2018, 12:46:01 AM
 #96

Day trading seems so complicated as it requires more emotional control that in a daily basis. This management is hardly been effective as a human are full of mode swings and it will be something to be avoided at first hand. You were right, holding in long term is the best thing to do because it only requires patience and trust to bitcoin. And that is easier to achieve.
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April 18, 2018, 04:07:45 AM
 #97

So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today.  #Lessonlearned
atleast youve got to admit about youre lessons and share those to others,though what you had experienced is a normal failureof every starting traders (ofcourse im one of those many )but i uses them as my teacher to learn every fundamentals of a good trader,and same as ive learned everything that i need not to do..

And besides we have different perspectives in every matter.some are profiting in daytrading,some are in short term,or the others in long term holding,and some are in mining while others in joining campaigns,whats important here is our dedication and perseverance about things we must learn and do
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April 18, 2018, 05:43:33 AM
 #98

Of course, in the long term period it is more profitable just to hold your bitcoins. There many "non-system" risks in trading, even with very accurate work of trader. These include-manipulation of the market by whales, changing the rules of your exchange and much more. And do not forget the lack of regulation in most countries - it also complicates the work.

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April 18, 2018, 06:07:08 AM
 #99

All of them are very profitable but daily trading is only good for those who have enough time to check the market daily and require trading skills. So  I will choose short tern or holding btc for longterm because btc has a big potential for the future.
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April 18, 2018, 07:24:34 AM
 #100

In my opinion, if crypto trading, i will do long term or holding my asset and selling them when its high.
Thats my prefer.
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