do you day trade or prefer a long term hold?

[Rhesie]

For me, prefer a long term hold if your crypto currency have a potential to give you more profit but sometimes if the coin is pumping we don't want to miss the opportunity to trade and get a profit as soon as possible.

[1714872345]

1714872345

[Cookies_N_Cream]

Hold. I don't have time yet to learn trading since I think you need to work on analyzing the behavior of a certain coins charts first so you understand where the coin is heading, upward or downward so you need to dedicate more time to learn about it if you're a newbie. I prefer hodling for now since I just need to invest and leave my coins on there for a few months and probably check daily if they do profit. I have plans to do trading though but not for now.

[gurunanakji777]

I do both the things. I do trading as well as holding some of my coins for long term but it depends on coin to coin. I usually don't plan to hold every coin for long term If I am getting good return I sell as well but my preference is holding the coins for long term I noticed several times that selling early mostly gives me less profit on the other hand I got good profit from some of my altcoins that I hold for long. So conclusion is long term holding is much better choice than day trading in my opinion.

[greggypiggy]

I prefer long term bro. Hold your coins for a period of time and start monitoring if the price goes up. If it is possible, you can buy more coins and add it to your remaining coins. Hold it and dont sell it until the pricr goes up. Wait till the price goes up that it can give your desired profit.

[geyayy]

I would say it all depends. Analyze the coin's/token's market value movement or determine a profit cap so that you will not get lost or lose some money. I have experienced a situation in which i should have traded as soon as i got the tokens because its value is 2$/token but now its only 0.4$/token and also i have experienced that i traded when the value is 5$/token but now it grown to 7$/token. So, lesson learned, i have created a profit cap that i should gain at least 50% of what i have invested for slow moving coins and atleast 70% for fast moving ones.

[NewCV]

i prefer long term hold,
it's easier than day trade, day trade need you to check the price every hour,
so i really prefer long term hold.

[Faeton]

To deal with daily trading, you need to know the crypto currency market well and have good practice. This is not everyone can do. It is easier to hold coins for a long time. Much less risk. However, daily trading is quite an interesting activity and can be quite profitable. Such trade can not always be carried out, but only at some suitable periods for this.

[Xclusive5]

I prefer to hold my coin for long term but recently I device a new method and the method is that I immediately sell my ICO tokens when they hit exchange and buy back when there is dip in market.

[wong tsu gieh]

holding to invest in the long term. rather have big results and certainly, don't need to worry about somehow later with price coins clearly consider it to savings.

[Fitrilalala]

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

Its depend on the situation if possible i would like to do daily trading because its minimum my risk of loss.but if i on the position of loss (ussualy in red line) then i will keep my coin until it return to green and i get some profit from it.the key of trading is situation.just be carefull on trading.

[wenxop]

In the long term, for me it is better, I avoid panic in the face of downturns and fluctuations and also due to the deflationary factor of the currencies, these are revalued in the long term, allowing greater profits and reducing the risk of loss that is greater when trading is made. daily

[Akiko]

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

It depends to the coin that need to sell, and the other coin well hold it.

[Andrey Kozia]

At the moment, I prefer to hold my coins! And actually I think that just to keep the coins will not bring big profits! Rely on its hunches, grew coin in 2 or 3 times prodayu! Further analysis, what maneta falls in price, buy! And so step by step increase your income!!!

[Xiroartoni]

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 would first have studied the market at least a little to understand what is going on. During a week of deep immersion, one can understand a lot and at least approximately determine a strategy for himself: either trade short, or buy and hold. In general, if there is free time, then read the primary news sources, look at the charts for these news and begin to understand when to buy, and when to trade.

[djscreem01]

Does not hold and is drawn directly from the hand. the fluctuation in the graphs should be followed and the exchange process should be done at the point of breaking at the peak points. However, this requires constant follow-up. Is not that why we're all here?

[djscreem01]

if you can keep track of things and keep your charts up to date, it's the most logical to trade instantly.
Otherwise, waiting for it to be forgotten and appreciated as it was in the first semesters will no longer yield income.

[maman09]

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

sometimes someone will trade every day, but sometimes just wait for the market to recover new trades.
every case on altcoin will not be the same, so you'll understand if you already have a lot of knowledge and experience about investing and trading.

[deppil]

If you have some good value tokens or coins then try to hold but for your daily life requirement like paying some bills must trade and withdraw but as per requirement and hold for better future.

Indeed, some people do use trading as the main income. although at risk of course they are experts in this field so the loss is a common thing but of course the profits will get much bigger. but a long-term plan should necessarily be needed for everyone. I am also a trader but I also have long term plans for my future. therefore I have bitcoin for long term / future.

[Rooster101]

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

Since I have not enough time to daytrade because of my present work, I prefer a long term hold instead. Daytrading is highly risk and you need a full time to perform it since the price of every cryptocurrency is always fluctuating and often wildly. In holding your coin, you just wait for its price to grow up in coming months and take profit when the desired level is already achieved.

[sedahan13]

When I look in to history price action of Bitcoin and others coin, I decide to put my money in to crypto for long term investment. Because this is more easy and not to consuming times, just buy and hold and make profit.