do you day trade or prefer a long term hold?

[Blockman21]

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. So I prefer Hold strategy.

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[cexylikepie]

Before I deciding for long term or short term, I research first every coin I have. If I have coin that is quality and have many project for the future, and the team is very active. I'm holding it, but there are some coin that is not good for me, so that is for short term.

In fact, the primary point that will be affecting the result of your hold is the timing to get in the crypto itself. Remember there is a lot of people made wrong decisions to buy crypto at peak. They are not thinking about TA analyzation but they are only focusing on the fundamental analysis. This time they are loosing a lot from their initial investment amount.

This is a game of financial world. If no one loses money, you can not have profit. Thanks to the market give you chance to make money from the mistake of others, because it is not illegal job like scammer. You are just making money from your experience and the mistaken of newbie, others.

[lunafreya]

I prefer long term hold so I choose my coins for long term holding. For me day trading is not that much easy. You have to watch it all day long. Personally I can’t do it all the time. So it’s better for me to go with long term investment. It can be slowly but if you can wait patiently you can get profit.

[Butchick]

I am really bad at trading, i suppose i don't have the so called skill required to be good at it, i tried though but i just don't fit. With that, i think it is quite obvious that i am more of a long term hold type of person and i personally prefer this, not because i am bad at trading, but because it actually suits me and my everyday activities including my job. I get to manage my time well and i don't get stressed too much.

[enawati]

Actually is better day trading if you can spend full times for that, because day trading with great strategy and good management of risk promising higher profit. But because i dont have much times to do day trade, i have to chooce long term trading by learn some fundamental of the coin.

[srmecdes]

Day trading is a lot of stressful. I have a regular job. I tried it. I can’t concentrate on my daily tasks when I have to monitor the charts all the time.

[candy69]

As i am involved in other activities, I would prefer to hold for long-term. I don't have time for day-trading, as for day trade you have to follow charts frequently.

[crafted]

I prefer a long term holding invest because I'm new at trading. I have not much knowledge & experience in trading. It's  safer to buy cryptocurrency for long storage. Long term in better than daily trading. There is a lot of time spent on daily trading  & it's too risky.

[valeru.aver]

Depends on a situation. Usually I keep coins for a long time, because these coins can give a good profit in the future. If the rate is high, I sell the coins,  get a good profit.

[rockyfeller]

I prefer Long term trading or holdings rather than a day trade. I lose money alot before. In Trading you must study the fundamentals and technicals of the chart. Usually Fundamentals are apply on Crypto.

[patimahsunda]

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 me, I think holding it for the long term is the best. Because we do not know what happens to every coin in the future. The biggest possibility I always think of is the price increase of the coin. That's all I think about if I have to hold it for the long haul.

[Garrick Lee]

Have a core amount that you never trade just in case. Whether that is 50% 10% or 1%. I could live with myself if I held onto an asset that plummets in value better than I can know that I sold off everything that would have been worth thousands, but sometimes you got to know when to hold 'em and when to fold 'em.

[colemankaan]

Day trading is harder than holding long term investment. But in a short time you can earn a lot with smart moves by day trading. I am new at this, I have also long term holding coins but trying to improve myself day trading for earning in short time too.

[Dimasta]

It is best to leave them for a long period. A few years. I change koin when money is urgently needed. Simply, many people immediately sell them, and then the coin is 10 times more expensive. It's my opinion. You still need to understand what kind of project you have coins and how much it is practical.

[Antivoid]

i plan to long hold most of my coins, but i will also take some coins to make day trade, especially the whole market is not good like now, no matter how, my aim is to earn as more coins as i can

[AndyJohnson]

I think holding long term is safer and more certain, although profits will accrue slower. Trading is more seductive but you are most likely to do more damage than good to your bottom line.

The best way is to look for good airdrops and hold them. You risk nothing because you got the coins free, and you don't have to analyse markets or guess or anything.

I'm currently following the marinecoin airdrop. Everybody that qualifies (up to the first 20,000) gets 450000 MTC ... each!. No need to invest your cash or worry about trading. Just qualify, apply, and hodl. It doesn't get any simpler than that.

There are many reasons why marinecoin is attractive, but I won't go into that here, as it would be out of topic. If you are interested, go to marineco.in for details on how you can qualify for the airdrop and contribute to the community and help it grow

[coolon]

I combine part of the trading part of holding in the portfolio for a long time.
If there is no time for daily trading, then it is better to long.

[globalcitizen]

I do both to avoid the risk of losing all my investments and creating room for a possible high return in the long term. If you are not skilled in day trading it is advisable you don't get involved but rather invest wisely in ICOs and select good coins.

[alexzorgo]

I prefer to be investor. I think the solution is quite simple. If there is enough capital to not regret the losses or the talent of the trader. Then you can deal with intra-day trading up to 25% of the total free capital. In other cases, only long-term investment is recommended. Relatively long, but the reward is higher than in the bank.

[Leona Lewis]

I'd suggest 3rd option -  investing into perspective ICOs and hold these earned coins for long-term. That's a bit risky but more profitable than long-term invest in the existing projects and needs less time than trading.