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Author Topic: do you day trade or prefer a long term hold?  (Read 4222 times)
Pamadar
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February 25, 2018, 05:42:58 PM
 #481

I hold long term as I don't have necessary knowledge and experience for day trading, but honestly also don't feel like always checking the monitor and analyzing the charts.
If you dont feel always checking the charts its better to just do what you are doing right now. But ones you tried having a short trade its essential to always check the charts and analyze it for better profit to come. Sometimes experience can be a effective knowledge on trading.
If you have that knowledge then doing both long and short trades can be performed, most of the time those who invested with long term are getting influences from the white papers coming from the dev team, if project is so promising then holding it for long is very wise decisions, as we believe that
incoming days the value will rise to the peak that we really aiming it to reached, but if you are also got some good glimpse with short trade then you
can also perform it while waiting for you investment to increase.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Bounty_Hunter
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February 25, 2018, 05:47:03 PM
 #482

Personally I prefer active trading because it gives me more profit than hodl. But trading also has higher risks than hodl, so if you do not know how to\are afraid to trade - keep.
tinhhoatanna
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February 25, 2018, 05:53:39 PM
 #483

Well its depends on your vision, and the situation of that currency. In 2010 my friend buys bitcoin, and hold it till now. He sell all coins in 2016. So in this case Holding a currency is profitable Wink
rosabella
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February 25, 2018, 06:01:06 PM
 #484

I trade in cryptopia. Just a few months ago I started cryptopia, it's easy and I'm not dizzy so much, I'm slowly trading in Hitbtc and Bittrex, and using analysis tools.
I like Hodl just crypto-coins very trustworthy.
Always in crypto-currency you have to invest and do trading, and be aware that you can lose some money.
pooh95
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February 25, 2018, 08:28:30 PM
 #485

When I first met with the crypto currencies, I spent a lot of time for day trading. Then I realized that the day trading people did not make money. I am now investing in long term. It is necessary to make the right decision when choosing Coin.


I also spent a lot of time and health on day trading. At the end of the year, I summed up the results. I would earn much more if I did not do anything and just kept coins  Grin
fmasta
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February 25, 2018, 08:31:14 PM
 #486

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 prefer to keep my assets for so long until they make a minimum of +50%. I am not a trader, I am not interested, because this work is associated with risk and it is for gambling people.

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February 25, 2018, 08:33:52 PM
 #487

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
Now my 60% is in long term but also I have a 40% portion is in day trade nowadays.
I will remove my long term when I reach the necessary bitcoin targets in 4 steps than I will switch back day trade again and I will wait a bear run and a huge dip like at the beginning of the year again..
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February 25, 2018, 08:34:18 PM
 #488

When I first met with the crypto currencies, I spent a lot of time for day trading. Then I realized that the day trading people did not make money. I am now investing in long term. It is necessary to make the right decision when choosing Coin.


You are right about investing in long term holdings. But day trading is good for making money. I guess you were just not ready to do it profitably. but when you learn a lot more and have more experience, you can try again.

Riga
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February 25, 2018, 08:36:23 PM
 #489

I think that only those people who have a large experience in trade can make daily trades. If you do not have the experience, it is better to buy coins and keep them for several months. This will save you from losses.
paulus51
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February 25, 2018, 08:37:58 PM
 #490

In such a growing market, it now makes sense to become a bull and wait for growth. Be patient and see how your capitals grow.
1 currency now
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February 25, 2018, 08:42:32 PM
 #491

In such a growing market, it now makes sense to become a bull and wait for growth. Be patient and see how your capitals grow.
Dips from pumps will cause many people to lose their holdings. I just stay a holder without letting the price alter my emotions.

OG member.
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February 25, 2018, 08:44:37 PM
 #492

now I prefer hold because market it is so volatile that it is very difficult to be in the right direction!
Probably in the future I could be more trader and less holder

😁
DemLom
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February 25, 2018, 08:50:10 PM
 #493

If you have enough time, it is more profitable to sell on a daily basis, but it is necessary to constantly monitor the course. If there is not enough time, then you can hold loyal coins
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February 25, 2018, 09:20:01 PM
 #494

I'm more of an investor and a holder than a trader. I try to buy for a long time and wait one year. I make good money out of it.
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February 25, 2018, 09:24:09 PM
 #495

I do both at times. Normally I like to hold coins for long-term like at this time also I am holding many Altcoins for the long term and I am sure that these coins will give me good profit in the future. But sometimes when the market is in good swings mode I like to do day trades and I earn good profit from them.
alexeylom
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February 25, 2018, 11:08:05 PM
 #496

I still prefer to keep, do not waste time and nerves and worry again. And he put it and forgot for a month or more, about them and then, and then either weep or rejoice.
Renu kapoor
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February 26, 2018, 06:17:13 AM
 #497

Both are good and safe day trade give you some money at the close of the day, for re-trading and buying new coins and long term hold give you big amount, only you have patient for long term,it is beneficial.

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saenko
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February 26, 2018, 06:26:00 AM
 #498

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 is possible and better, of course, to invest in altcoins for a long time, but their sale is sometimes caused by a justified decision. Therefore, the situation should be considered in each case and with each individual coin.

firstblood!
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February 26, 2018, 06:41:31 AM
 #499

Both are good and safe day trade give you some money at the close of the day, for re-trading and buying new coins and long term hold give you big amount, only you have patient for long term,it is beneficial.


I used to trading in 2017 and now im just an investor but im going to start day trading again because its really work)
cryptotaste
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February 26, 2018, 06:44:09 AM
 #500

Honestly i do both .Long term holding has many advantages over day trading. It is much easier to identify coins that will grow longer term than those that will grow in the next 24 hours. For maximizing profit every investor have own policy . so take your own decession
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