deloreswest
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February 26, 2018, 07:01:08 AM |
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i prefer long term cause day trading is too risky to lose money. i been hold my coin since january when the market are red and i still believe the market will recover eventually. The others reason is cause i dont havr a time to keep looking on market. day trading is good to bring you fast short term profit but the risk to lose is high.
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Arata
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Activity: 392
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February 26, 2018, 07:49:24 AM |
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I prefer to hold it for a while, this is useful so we get a good price or the best price. after knowing a good price, I will sell it slowly, not all at once. who knows later there will be a better price again
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Nefarious
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February 26, 2018, 07:56:44 AM |
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When i started out with Crypto 6 months ago, I spent a long time learning everything I could about cryptocurrencies, exchanges & trading. Once I was comfortable & gained some experience, I found myself day trading on a regular basis but I've found with time that I've really slowed down that activity & instead tend to now just focus on long-term holdings in select coins that have strong fundamentals that I strongly believe in. I'll still day trade from time to time if a good opportunity presents itself, but at least 95% of my portfolio is locked away on a hardware wallet for long-term safe keeping.
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SenseiSan
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February 26, 2018, 06:19:02 PM |
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Day trading while much more risky can lead to much greater returns. While a coin may grow over 100% in a few months let's say, it will have a cumulative volatility of much more than this amount.I am doing marginal trading when bitcoin's movements is predictable so i could have more bitcoin in my pocket.
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tinof
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February 26, 2018, 06:29:17 PM |
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Day trading while much more risky can lead to much greater returns. While a coin may grow over 100% in a few months let's say, it will have a cumulative volatility of much more than this amount.I am doing marginal trading when bitcoin's movements is predictable so i could have more bitcoin in my pocket.
I highly doubt, that day trading can lead to much greater returns, but I agree that is much riskier. I don't have much experience in trading, and I am not very good at it, but I don't see it as much profitable as long-term investing, especially when take into account and the time invested.
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TaylorJ
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February 26, 2018, 06:30:05 PM |
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Hold seems to have done me very well. It is easier on the brain. Day trading is stressful. Both are gambling anyway. Good luck to you all either way.
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Ale88
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February 26, 2018, 06:31:39 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
Because I usually suck at trading I prefer to hold, it's the safest way for me. I could make more money trading, sure, but I could also lose everything, so I'm simply happy with what I have
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sentinel73
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February 26, 2018, 06:33:53 PM |
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I prefer to hold it for a long time. Because it's less stressful. I think the market is very fluctuating, so doing daily trading is more risky.
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Griffith Allen
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February 26, 2018, 07:22:23 PM |
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I think trading works out better, you are likely to lose your bitcoin, but you are also likely to acquire more bitcoin, and thus benefit from an increase in bitcoin's prices, which seems more likely. In the long run, hodling may give you a return in fiat value as a result of a public increase in the crypto's perceived value, however, this is unlikely as confidence in alt-coins tends to grow more slowly than that of bitcoin.
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derdemo
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February 26, 2018, 07:26:08 PM |
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Long time hold and short term buy-sell this different ways to trading. I think you can choose that for you suitable. For example new perspective coins, tokens need long time holding, popular currency - short term.
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Geoffrey Walker
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February 26, 2018, 07:27:06 PM |
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Hold bitcoin, but trade alts. Anyone who holds alts is a fool - when it pumps and you are in profit, SELL! If you don't, you risk becoming a bag-holder.
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Senkuli
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February 26, 2018, 08:39:45 PM |
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I do not really understand about cryptocurrency trading, so I do not know the advantages and disadvantages of day trade activity itself. I'm still investing crypto in a simple way, buying at a low price, still holding the asset as a long-term investment and selling when the price goes high so it gives a good profit for me.
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hiburak
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February 26, 2018, 08:42:02 PM |
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I used to trade more, but when you do day trading it's hard to see the big picture. You may buy or sell way too early and miss bigger opportunities.
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PokerStein1
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February 26, 2018, 08:55:30 PM |
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At the time of i start invest in crypto i prefer to stay as a hodler. But sometimes i day trade with small amounts. But if you ask me what is the best strategy i think Hodl is a must.
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LuvCyanide
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February 26, 2018, 08:59:35 PM |
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I have two briefcases of coins. Long-term and short-term. I like to trade, so mostly these are short term coins.
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tororoshka
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February 26, 2018, 09:05:07 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
I choose a long-term strategy. Trading now is very dangerous. The market is not predictable. For successful trading it would be better to wait for a trend change when everything will grow.
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trademark
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February 26, 2018, 09:05:14 PM |
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I do trades on a regular basis but not daily and also hold many coins/tokens as a long term investment. Day trading only is very difficult because sometimes the market is not in your favor and no money will be made if you do any trades during that period.
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oviudiu
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February 26, 2018, 09:07:01 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
Holding on long term is the best thing you can do. You make money and you don't stress at all. Day trading on the other hand involves higher risks and much more stress. I prefer long term.
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KTChampions
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February 26, 2018, 09:12:43 PM |
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Hold bitcoin, but trade alts. Anyone who holds alts is a fool - when it pumps and you are in profit, SELL! If you don't, you risk becoming a bag-holder.
If you do not have altcoins, then what will you sell? So altcoins also need to be kept. Therefore, there is not much difference between bitcoin and altcoins. The main thing to sell when it's profitable and keep in the times of correction.
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paulmaritz
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February 26, 2018, 09:16:10 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
Personally I do a mix of both worlds - directly and indirectly. I HODL for the long-term and day trade, but I don't handle the day trading myself. To get exposure to day trading, I buy into projects with experienced teams that specializes in day trading. This while I make use of crypto index funds to spread the risks. I also make sure I have a good mix of dividend tokens for a monthly income. Needless to say, I only touch tokens with long-term potential - meaning tokens that have the potential to survive long-term.
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