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Author Topic: Holding BTC vs Day trading or short term trading.  (Read 2764 times)
BLAST2MARS
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July 30, 2018, 01:30:41 AM
 #221

The market is so boring and altcoins are not doing any improvement in the last couple of months and I don't want to waste my time gaining nothing so I do both daytrading and short term trading. I get it now that bear period is really for short term trades.
Omega Weapon
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July 30, 2018, 05:06:17 AM
 #222

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
Well what it is done it is done, what you need to do is to concentrate to try to get that money back since there is no point in remaining still and do nothing, now I know that with the price this high it is going to be a lot more difficult to get your money back but if you want to enjoy the benefits of selling your bitcoin for a very high price then you need to get bitcoin in the first place.
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July 30, 2018, 10:48:01 PM
 #223

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 at this point you can completely invest in bitcoin and also trading day, the market in the past few days are fluctuating continuously and you can see that bitcoin prices are constantly rising and are uptrend in short term. Bitcoins will be able to rebound to $ 10000 in the coming days so you can buy bitcoins at the moment.
dominos
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July 31, 2018, 07:46:23 PM
 #224

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 at this point you can completely invest in bitcoin and also trading day, the market in the past few days are fluctuating continuously and you can see that bitcoin prices are constantly rising and are uptrend in short term. Bitcoins will be able to rebound to $ 10000 in the coming days so you can buy bitcoins at the moment.
If he don't feel confident about trading in this market and his decision than what is a point of day-trading? In my opinion this is just too risky if you have never trade before.
rose8963
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July 31, 2018, 10:43:23 PM
 #225

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 that if you continue to hold at this point you will greatly damage, you can see that bitcoin prices are constantly adjusting and falling sharply in the past few days, so the current time you should only head Short term trading and day trading are the best choice. Day trading can help you make immediate profits and minimize the risk of falling bitcoins you can handle immediately.
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July 31, 2018, 11:23:15 PM
 #226

It's good that you still understand that long-term trade almost always wins. I hope this post will read as many newcomers as possible who will not repeat your mistakes.
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July 31, 2018, 11:52:38 PM
 #227

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

Looks like you are a person who's easily frustrated and easily faltered. Supposedly before you make a decision that ultimately creates an action on your BTC sale, you should think twice or ask your friends for advice here so you don't experience big losses.

bennie4
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August 01, 2018, 03:09:14 AM
 #228

It's good that you still understand that long-term trade almost always wins. I hope this post will read as many newcomers as possible who will not repeat your mistakes.
I believe that if you invest long term at this point you are sure to lose a lot, you can see that after the bitcoin price recovered slightly to $ 8500 then the current point has continued. reduced to $ 7500. The price of bitcoin reduced the price of altcoin fell sharply and the market is bearish in the long run, I believe that at this time you can only short-term investment in bitcoin and trading day to be minimized risk.
imsotiredofmoviereboots
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August 01, 2018, 03:28:32 AM
 #229

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

You just bought on the all time high. Bitcoin is still a good for short term especially at this long bear period. I've seen many people do it and it is
profitable. You could have just keep the btc you bought from all time high and buy another one that is in $6k and did some swing trades.
ipanks
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August 01, 2018, 07:21:15 AM
 #230

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 at this point you can completely invest in bitcoin and also trading day, the market in the past few days are fluctuating continuously and you can see that bitcoin prices are constantly rising and are uptrend in short term. Bitcoins will be able to rebound to $ 10000 in the coming days so you can buy bitcoins at the moment.
If he don't feel confident about trading in this market and his decision than what is a point of day-trading? In my opinion this is just too risky if you have never trade before.

yes, and the solution for him is just to use the long-term trading at this moment because he doesn't have any knowledge to do day trading. he needs to learn some basic rule of trading before he can start day trading so he can prevent getting lose in trading. investing in bitcoin is a good choice for him to use long-term trading/holding because this will work well for him and he doesn't need to risk his money with day trading.



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weeks65
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August 01, 2018, 07:26:04 AM
 #231

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
You can see that the price of bitcoin in the past few days has dropped sharply after returning to $ 8500, the market is still unpredictable as bitcoin prices are dropping sharply and prices of altcoin are falling very deep. Therefore, I believe that at this time you should only trade short-term day to reduce the risk.
suryana
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August 01, 2018, 07:37:12 AM
 #232

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
You can see that the price of bitcoin in the past few days has dropped sharply after returning to $ 8500, the market is still unpredictable as bitcoin prices are dropping sharply and prices of altcoin are falling very deep. Therefore, I believe that at this time you should only trade short-term day to reduce the risk.
But I believe the price Bitcoin will go up again like last week, so when the price Bitcoin cheap as now then use this moment to buy and Hold it for long term. If you have more time in your life I think day trading is best choice.

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Xeon
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August 01, 2018, 01:56:16 PM
 #233

As far as I know holding strategy is less risky in comparison with the day trading. However, it is impossible to say that it is completely safe either. It is up to you to take a decision which way suits you most
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August 01, 2018, 02:46:42 PM
 #234

for a low price like this I think is very good and suitable if we make a lot of dengab purchase and hold bitcoin we have until the price back up to be expensive, we better do in the long term.

I prefer day trading because you can always focus to trade in the market and earn more profit depending on how good your strategy while holding does not have an assurance if the market price will grow in the future or not.
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August 01, 2018, 03:32:43 PM
 #235

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

Looks like you are a person who's easily frustrated and easily faltered. Supposedly before you make a decision that ultimately creates an action on your BTC sale, you should think twice or ask your friends for advice here so you don't experience big losses.
It's your hard earned money so better to really think twice before making any decisions, in times like this the only matters is how you can stay calm while seeing the downfall, if you are well aware and prepared from things like this then you can stay positive experienced should teach you  not to keep repeating your mistakes, you have to move forward and allow yourself to survive, you can ask some advise and use it as basis but keep in mind that taking the risk will also bring you good returned.

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August 01, 2018, 08:10:01 PM
 #236

As far as I know holding strategy is less risky in comparison with the day trading. However, it is impossible to say that it is completely safe either. It is up to you to take a decision which way suits you most
That's for sure in day trading you're just like a little fish in a sharks/whales field. I think if you're not sure which way you want just try trading on daily candles or 4H. If you see that you would be better in shorter frame o wider frame that go with that better option.
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August 01, 2018, 10:03:08 PM
 #237

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 that at the present time you can hold bitcoin and trades on altcoin, you can see that the bitcoin price after several consecutive days of strong recovery is now at the bitcoin price has fallen to the $ 7500 level, I believe the bitcoin price will be able to keep adjusting to $ 7200 before continuing to rise. So you can wait for bitcoin at $ 7200, the market is fluctuating continuously and always have a plan.
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August 01, 2018, 11:07:29 PM
 #238

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
With a constantly changing and unpredictable market, I believe that at this time you should only trade in bitcoins, the market is constantly adjusting and I believe the bitcoin price will remain can continue to drop sharply at any time. Therefore, day trading is the best option at the moment so you can make a profit.
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August 01, 2018, 11:25:32 PM
 #239

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
You can see that the market is fluctuating continuously and the current bitcoin price is very difficult to predict, the bitcoin price continuously adjusted, causing altcoin prices are very strong. So, I think you should only invest in short-term and day trading to minimize risk. The market is bearish in the long term so you should not hold long.
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August 01, 2018, 11:51:14 PM
 #240

For me,  all of those are profitable depend on how you handle it.  Holdinh btc is profitable if it rise and you aqymuire it at a very low price.  Short term trading or daybtrading is also effective way on how to gain more but with a higher risk than long term.

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