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Author Topic: Day trading vs. Holders  (Read 2125 times)
Algochain
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January 10, 2018, 08:32:58 AM
 #1

Interested to know: are there more day-traders or holders here?
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January 10, 2018, 08:34:59 AM
 #2

Day trading is very profitable but also very risky at the same time, i suggest that if you are not an expert in trading then just pick some good projects and hold for long term and after like 6 months or an year you can take profit out by selling a part of your portfolio.

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January 10, 2018, 08:39:52 AM
 #3

Day traders need to invest on coins that are like 0.001$ with atleast 1M$ to make a good profit. On the other hand, HODL will do a research on coins that carry more potential, Ex: XRB, IOTA, ADA, DeepOnion, Neblio, and TRX.
I'm HODL guy, I have invested now and will check my stats over a period of 3 months and will be closely watching all the tweets from the CEO's on the future plans, etc.,

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January 10, 2018, 08:42:34 AM
 #4

Holding best.😊

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January 10, 2018, 08:42:53 AM
 #5

Im not good at day trading, i better hold. to much risk to take i allready lost so much in day trading.

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January 10, 2018, 08:43:10 AM
 #6

Interested to know: are there more day-traders or holders here?


I really hate day trader there are many circumstance before you have a profit in day trader besides there is a high risk when you in day trader.
Consuming of time it needs 24/7 looking into you're laptop just to monitor the marketcap price of cryptocurrencies , besides a high consume of electricity bill. Those these thing that i hate in day trading i must prefer on holding a several month or a year, surely lower risk and more profitable.


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January 10, 2018, 08:44:12 AM
 #7

Day trading is very dangerous thing. for experts only. Who understand what they are doing. For conventional traders you can just wait for a good growth and at the peak trying to sell to buy back cheaper.
But sometimes holders who were holding nothing with your coins didn't do a year, doing a lot of x's waiting for the largest increase in coins and selling it.

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January 10, 2018, 08:45:34 AM
 #8

I do both, daytrading with auto sell on 20% profit.
and long term investments.
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January 10, 2018, 08:46:43 AM
 #9

If you are not a trader, it is better to study the most promising coins and invest in them. If you understand the trade on the stock exchange, you can invest 70-80% in long-term investments, and allocate 20% for daily trading.

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January 10, 2018, 08:46:59 AM
 #10

Interested to know: are there more day-traders or holders here?


It is hard to say.  It is like asking if there football fans than basketball fans.  Everyone has his investment strategy.

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January 10, 2018, 08:47:43 AM
 #11

Interested to know: are there more day-traders or holders here?


I think all traders do that both, day trading and long term holders. For me, i'm more on day traders than long term holders. Because i always become afraid when hold an altcoins for a long time. I also think there are more day traders than holders here.

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January 10, 2018, 08:48:42 AM
 #12

Day trading is suuper dangerous! Plus, if you're the kind of person to pay taxes, it's going to be a pain to keep track of all the transactions and figure out when you made gains/losses and when to pay taxes. I know that if you make day trades on coinbase you're screwed because the IRS is cracking down on that sort of thing, selling property after holding for less than a year means you're subject to short-term gains taxes on it, even if you haven't cashed out. "USD" on coinbase is cashing out.

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January 10, 2018, 08:50:42 AM
 #13

Day trading requires you to have some skills in order to profit, while in holding all you need to do is to hold the coin until its price higher then the price you bought it for.

Experiments show that if a newcomer tries to get into day trading, his chances to make a profit is much lower then just holding coins, so it's pretty clear that if you are a newcomer and has no experience in trading( even experience at stock day trading could work), then you should stick to holding until you learn and have enough experience.

Day trading is a very risky activity and shouldn't be done by unprofessional, or it may cause you to lose money.

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January 10, 2018, 08:53:06 AM
 #14

Day traders are also holders. They are aggressive to do day trading and expects a high return of investment. Although it is very profitable it is considered as riskier than holding.
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January 10, 2018, 08:53:21 AM
 #15

Both profitable if you know what you are doing. Look around youTube people are making multipleX times gains by day trading also doing the same by holding. It's not vice versa it's more like feeling comfortable. If you are skilled trader then why not day trading and if you are not skilled trader then buy some good coins and hold for long term.
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January 10, 2018, 09:00:52 AM
 #16

This is a rather complicated question, but if you consider it, then probably you need to take into account human factors, who have patience and laziness, and traders have patience but there is no laziness. Although maybe I'm wrong

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January 10, 2018, 09:04:03 AM
 #17

Trading needs more time to perfect the skills and only those full time into Cryptocurrency are engaging on day trading, me as a holder, I'm lucky enough having good coins that gives me good future. I mean, if I'm going to dump this good coins off mine I don't think I could make more money in it because trading isn't my type of skill but only to hold or dump them invest into other Altcoins and invest into local business.
I'm a holder and I'm contended as being one.

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January 10, 2018, 09:07:31 AM
 #18

This is a rather complicated question, but if you consider it, then probably you need to take into account human factors, who have patience and laziness, and traders have patience but there is no laziness. Although maybe I'm wrong

I do believe that most Cryptocurrency enthusiasts are holders and only few are into day trading because it requires a, lot of time to learn in order to consider yourself as a skilled trader.
Most of us have full time job so in my personal view, I'm only into bounty campaigns and hold the coins and tokens, other than that I'm only watching my assets grow.

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January 10, 2018, 09:14:30 AM
 #19

to trade every day need a talent and a lot of time. I do not have neither one nor the other
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January 10, 2018, 09:17:11 AM
 #20

I prefer holding within the next few months. I think it is more effective and more comfortable making because it did not panic when the coin price is up and down. In addition to holding spot a long time also generate a lot of profit.

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