do you day trade or prefer a long term hold?

[Sid3d]

I hold my main coins, I'm waiting for growth. I hope that bitcoin will return to its former heights. And the rest altcoins I mostly sell.

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[ckorbba]

Ideally, of course, we are talking about long-term investment. the risks of losing money are the same at all distances, and the opportunity to really earn is only in long-term investments. Although the market is still very young that would talk about real long-term projects.

you check the availability of your coins on the market often and what is their price? It is unequivocal What to wait it is necessary some time when the project will pick up turns and the price for coins will rise. But there are cases when coins are depreciating.

[Abarov]

I keep some of my coins on the ledger. And those that can be traded on the stock exchange. Sometimes I look at the charts and do not understand anything. but in most trade in the plus.

[trudovik]

I'm a long-term amateur, but I also like to do trading sometimes, because it's a little tickling my nerves, but only I do it very rarely, because I'm not strong in trading, it's more like just hanging out

[dedocry]

So I'm slowly going into crypto and I want to know if any of you trade altcoins daily, or you prefer to hold it for long term? What do you think it's better and why?

Thanks

yes, it's. it is possible to trade altcoins daily. question is do you have time for this and do you have experience in trading. if yes, you will be rich soon

[xbl1008]

well the thing is it really depends on your skill if you are just starting its more recommended that you first try long term hold because in this strategy you can learn things while observing how the market works and you must take advantage of this time to learn all the necessary skills you need to learn, then if you think you are confident enough then you must try in this case for you to experience it on hand and the errors you will face so at first only bet small amounts don't go all in only do that if you can afford to lose it all.

[Name_none]

I prefer long term investments, because you have lower chances to lose your money, but in past time it seems conversely

[tuvic01]

I do both depending on the situation of the market or the details of the token one has at his/her disposal. Something it's good to hold for a long time before selling so you can gain so much more. On the other hand day trading can be also the best in some cases too. The bottom line is to understand the market situation maybe it's favourable to sell or hold.

[Cookie Man]

I preffer to holding for a long term, Gives your coin a chance to gin value overtime and earn profits in the process, day trading is also profitable, but the profit margins are very little

[Alohadanc3]

I am not a day trader.What i do is keep my investment.In my opinion l holding is always better than trading.There is a chance to lose the money in trading.Trading is good if you are a master of it.Otherwise, don't go for trading.If the market is not stable.Trading is not that good.So hold don't panic hold till the market come high.Just Wait and HODL

[Iyanuisaiah]

I do both day trade and long term trade but i prefer long term trade because it give me rest of mind.

[crypto_world]

I have a fulltime job in real life, so i have not much free time for daily trading. So, I'm a long term holder basicly.

[spiffcow]

I prefer to go for long term.I am not a trader but sometimes trading is good.In my opinion, time is the key.You give more time it will grow more. but if you know how and when to trade you can go for it.Many times trading is more profitable than long-term.But still its always better to go for long term.

[tonyosa]

I do not advise new comers to the cryptocurrency world to day trade.Only day trade after you are knowledgeable enough so that you can compete.Just hodl.you will better off.

[rapidleech]

hold is much more advantageous than daytrade. Holding your investment will eventually lead up to higher return because cryptocurrency have a big potential in increasing it’s market value. Also, long term holding is much more relaxed and won’t take up too much of your time.

[bitcoinvestor]

So I'm slowly going into crypto and I want to know if any of you trade altcoins daily, or you prefer to hold it for long term? What do you think it's better and why?

Thanks

Both of them. Trade is to earn daily or weekly income. Hold to save money for the future. I don't send all my asset to trading site. It is too risky. Hold most of the asset in secured wallet and send some of them in exchanger. Buy when a coin is low and sell it when it is high. Make profit daily or weekly really helps me to earn living. I can earn about 100-300 USD weekly. That is a enough income in my country.

[Advicerabi]

For me, prefer a long term hold if your crypto currency have a potential to give you more profit. However, daily trading is quite an interesting activity and can be quite profitable, but it is too risky if you dont have skill.

[Tlongbottom]

I have personally tried and failed at day trading. I spent so much time worrying about every little dip in the charts. I wasn’t working with much money which made it even sillier to think about the amount of time I spent paying attention to it. I’ve gone to a hold strategy with the downturn of the market and I feel much better about it. There are people that can make a killing daytrading, most people will not be successful unless they are a real whale.

[sazon84]

In most cases, I keep coins for a long time.  I also like trading, but it needs more time, to track coins every day .  And if you hold coins, then you only need to buy promising coins and wait for profit.

[gawuk]

When viewed in terms of potential, then long-term trading has advantages far greater than short-term trading. This is because the risk is less likely due to not doing a lot of transactions. Too many transactions means that many mistakes are made. Actually to choose which one is better, whether to use short-term trading or long-term trading, depending on you who will undergo trading. Each person's trading style is different so the needs of his strategy are different.