1l1l11ll1l
Legendary
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Activity: 1274
Merit: 1000
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February 18, 2018, 10:32:32 PM |
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I'd rather do hold for the long term, I'm not so good at day trading even though instant profits are very tempting
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Aleister Crowley
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February 18, 2018, 10:34:05 PM |
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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
long term .. This is very beneficial because sometimes altcoin can accelerate to more than 10x and it is very proven if we see from some history altcoin successful in every growth ,, I am sure with a number of altcoin that we can hold it will be our wealth in the future front
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mineworker
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February 18, 2018, 10:34:28 PM |
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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
Long term, obviously. Daytrading is the most risky thing that you can do right now because everything is x2 more volatile than what it was before. So no, just buy and hold.
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changcloy
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February 18, 2018, 10:38:13 PM Last edit: February 19, 2018, 07:58:41 AM by changcloy |
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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
As of now i prefer to hold longer because i still don't have any idea about day trading and i heard it is risky, also you need to have a big capital to start day trading..Sooner if i can have enough funds i want to try it but before that i should read and be expert.
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Bttzed03
Legendary
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Activity: 2114
Merit: 1149
https://bitcoincleanup.com/
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February 18, 2018, 10:40:37 PM |
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In my experience, trading daily is a bit tiresome plus you don't gain much. It is much better for me to hodl for a few days, weeks or even months. Find a good entry of a coin/token you think is good then you can relax, hodl for some time, and wait for some bigger gains.
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Balmain
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February 18, 2018, 10:41:48 PM |
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I don't have time to follow my coins 24/7, I'm working at a full time job. I spend time with my family etc. Daytrade is also bad for your health. Try to make long term investments and relax. You don't want to end up in hospital for all that stress.
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alexeylom
Member
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Activity: 336
Merit: 10
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February 18, 2018, 10:47:59 PM |
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Quite an interesting topic. I think it depends more on psychological preparation and + the investor's strategy itself. Personally, for myself, I picked up a variant of a cold-blooded long wait. It all depends on how strong your nerves are)
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crazylikeafox
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February 19, 2018, 06:45:19 AM |
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I would prefer long term holding than day trading because I think it will make me gain more profit. On day trading, even though it's very tempting to trade when there's a sudden rise in the market, still think of the future of the coins you've invested to and keep holding. I do it sometimes for earning a little profit, though it's more risky than long term. So let's just focus on holding.
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meldrio1
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February 19, 2018, 06:57:38 AM |
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I prefer to hold for long term than day trading but its good doing both, just set one of the altcoins to hold and do trading one of the altcoins that you like but its risky doing day trading.
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wirakanbom
Newbie
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Activity: 48
Merit: 0
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February 19, 2018, 07:02:18 AM |
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I'd go with long term hold because I tried daily trade and it didn't work out. Sometimes I had to sell shitty coins at loss which was a bad habit haha
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haowang
Member
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Activity: 93
Merit: 10
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February 19, 2018, 07:18:27 AM |
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I like the long term trading is good because I do not have enough to do the day trading.I also think the long term trading are suitable for me because the coin I hold is good for this.
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coinmgnet
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Activity: 126
Merit: 10
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February 19, 2018, 07:20:18 AM |
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When you just come out to investments and crypto and so on, daytrading has be to out of the question! Why? You will end up losing more money, rather than making anything. Patience is the key to success. HOLD for long term and you will see insane results! Trust me, there has been a lot of moon rides in the past, there will be even more in the future.
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ngacengan
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February 19, 2018, 08:00:32 AM |
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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
for trading bitcoin and altcoin I definitely prefer to long term trading rather than short term trading because the benefits you get will be more and you will avoid the risk of getting stuck at high prices. please prove it because I have proved it.
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myrliska1313
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Activity: 252
Merit: 11
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February 19, 2018, 08:05:14 AM |
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I recently began to delve into the crypto currency, so on the hold there are only tokens, i only need to learn to trade, it brings a good income, but no one is insured against losses. I hope I will succeed
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asus09
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February 19, 2018, 08:10:03 AM |
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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
I personally do not always the same on every altcoin I hold. I was a merchant, before, I always studied the altcoin first after that I am sure to trade it every day. the rest for another altcoin I will hold as long as the coins have not grown.
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manggis97
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Activity: 476
Merit: 10
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February 19, 2018, 08:16:30 AM |
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Which profitable actually depend on the situation of market and depend on the level price you bought. Sometimes just by long term holder promising higher profit. But in other situation like when many bad news and many FUD, day trading will more profitable and less risk. So to increasing your skill in trading, i think you have to do both way, so you will know which will be more profitable and know the level of risk each.
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gulshan1
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February 19, 2018, 08:50:24 AM |
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According to the past experience,Long time holding Profit ratio is more than the short time and day trading ratio. Some times your luck also effect to the short time investment and you earn a hug profit but it does not happen for always and it is total risky. BY this mistake investor have to wait for long time to recover the actual investing amount. So always prefer to the long time holding and short time is second option.
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axiline
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February 19, 2018, 09:18:26 AM |
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I've never been a trader for a day, because it's very difficult for me to succeed. That's why I really admire people who make money. This requires very sharp instincts, experience and vision. Since I do not have this qualification, I stick to my coins for a long time. Hodl.
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delitte
Member
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Activity: 168
Merit: 10
PRESALE BEGINS UP TO 45% DISCOUNT
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February 19, 2018, 09:22:04 AM |
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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?
Since I am joining this forum and signature bounty campaigns - I just simply all my bounty stake tokens because I have a full-time job career that is more than enough to support my family's basic needs so I am not selling my Crypto Assets. I am after for long term goal so that's why I am holding every single coin and token on my wallets because as of now it's not a time year to fulfill my goals in life like buying new house, buying new car and investing into some local businesses in order to have a lot of income sources.
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Spiero7
Newbie
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Activity: 150
Merit: 0
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February 19, 2018, 09:24:14 AM |
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Long term is what I have flair for. This is not because I think day trading is bad or something, but for a beginner like me, I can't afford to incur the risks of day trading cos it may end sending me back to square one. However, despite the huge risks people are actually gaining tremendously from day trading; cos it seems the higher the risks, the higher the potential of the gains ahead.
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