do you day trade or prefer a long term hold?

[lvincent]

Long haul exchanging for me getting a few coins and holding it since i'm only an amateur in crypto world it truly is perfect for me cause in every day exchanging there's still such a long way to go there is still a great deal of things that i'm not aware of so to counteract losing my cash I extremely like holding than to exchange day by day.

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[tricky boy]

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

In my opinion,If you do not have experience in trading,then long-term is the better option.It is safe to buy crypto currency for long-term...term in better than daily trading...daily trading is too much risky...

[gayletot]

it's more beautiful than the long term of holdings. but it's a good thing to do when your capital is big money.

[l10no]

sometimes I do both simultaneously, so I can get instant profits and future profits, but I prefer to keep a coin for a long time, so I can benefit from it. because I think I will never get a great price as the first time I buy the coin, so I hold it tight for a good future profit

[Zombie259]

Since I still have a "normal" job, I do not have the time for daytrading.
So holding a Coin for a long time is my only option.

[blozo]

Cryptocurrencies market is very volatile and manipulated. Unless you are a professional trader (or a whale) you will probably get burned soon or later. Find some good coins/projects, and hold them long term is usually the best strategy

[cryptobobo]

It is depends on the market situation,if the market trend is bearish trading short would do but if the market is bullish that is the time that i would go long trades,but it depends on your personality when you are not good at waiting short trades would be perfect,but if you are good in waiting for long trades would maximize your profits.

[kandholabhavna]

This really depends on the type of coins that you are holding. Also how much loss one is ready to take in the long term. For me, 60% of my portfolio is stored away in ledger for long term play and only 40% is for day trading.

[dewi91]

to get a lot of profit of course long term holding is a great choice. day trading is too risky and not everyone can do that, to hold coin you don't need an experience just follow your intuition and you can sell when you feel you will get enough of profit.

[xanaxxx]

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 holding. I'm not experienced enough for day trading, although sometimes I use advance trading instruments to help out a bit. I have been thinking to enter proper day trading though, I would just need to study more resources first.

[investwarrior]

I tried both and long hodl for me is better , at least i dont lose and always plus, in day trade you can make sure, but risks are huge too.

[Altcoins enthusiast]

I don't actually day trade I do both day trading and buying and holding. I have been buying some altcoins and hold them for long-term and I have been selling some that I think might not do well for long time. Bitcoin is good to hold for a long-term and most of the altcoins and tokens are good to buy and sell when ever there get pump and dump respectively. Some of the coins have give me desirable results so there is no need of me holding them.

[zhekinsp]

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

The coins with the much price volatility are better for day trading and the coins witht estable price are good for holding.But I always prefer holding than trading because trading is risky job and much time is needed to make profit from it but in long term hold no effort needed just buy some potential coin and hold them for some years to make profits.But the answer will be change according to their personals and their needs.For me long term holding is better.

[xiaohang07]

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

If you have a normal job, I would recommend you to trade less frequently and hold some undervalued coins for long term. If you have tons of free time, you can definitely try the day trading type of life. However, you have a lot to learn before jumping into day trading, which is risky.

[Megashaw]

Day trading is not advisable for a newbie like you unless you want to lose your money.....you will require a lot of time to learn and right tools for you to be able to master the art of day trading and trade successfully...holding is more profitable on the long run and less risky

[afterdark]

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

These are two fundamentally different strategies. Daily trading does not suit everyone. Many people do not understand the situation around, have time to lose everything in a short time. It is necessary to love and understand well. Much easier is the second strategy - holding. You do not need to do anything, you do not have to be nervous, you just need to be able to wait and be patient)).

[Stavri]

Long term and short time depends on our target prices.  we should have targets for all altcoins that we diecide to buy. If they reach it fast it is short time if not it is long term. If you mean daily trades like buy and sell at %1 profit. it is sth ridiculous.

[A7fold]

You need a strong technical analyze skill to become a day-trader.
Also your risk taking mechanism should increase.
And don't forget that you can trade every day and get 2-3 % of profit, but someone will just but Ecash, and receive 4000% per one day.

Good luck, find your trading style, and always receive profit)

[feelideb]

You should have plans for both trading and holding. These activities of trading and holding can be very beneficial. Trading ensure you do not miss out on present opportunities and holding position you for serious value appreciation in the future.

[Koadharber]

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

These are two fundamentally different strategies. Daily trading does not suit everyone. Many people do not understand the situation around, have time to lose everything in a short time. It is necessary to love and understand well. Much easier is the second strategy - holding. You do not need to do anything, you do not have to be nervous, you just need to be able to wait and be patient)).

Short trading doesnt really suit anyone yet you do really need skills and experience before someone could able to get the fundamentals of it because short trading wont really be an easy stuff.This is why most people do get rid of it and do decide to go for long term instead which the most simple way of trading but we cant really say that all we do need is to wait because there are instances on where we do really feel panic when we do see falling prices.