do you day trade or prefer a long term hold?

[Midsign]

You get more emotional when you day trade that when you are trading long term.

Long term gives you the ability and enough time to make informed decisions and make enough research before you invest and the results are always amazing than short term.

That's my take

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[Vladlenius]

Definitely long term holding is easier, safer, etc.

Day trading seems way more intimidating but I'd love to try, waste some money on it and learn from my mistakes though.

[cryptomeo]

Go for the max profit with HODL strategy, I saw so many people fail the maintain the a daytrade scalping style. Many people will be gaining the max if they maintain a long term startegy. In the current bearish trend and depleting volume in altcoins, getting constant daily profit is almost like squeezing blood from rock. Look for the best crypto blockchain projects or solid ICO will be a lifechanging for now IMO.

[waichi]

I prefer long-term hold. I am still learning to do trading and I am having a hard time to learn. I know it is good to learn to trade because it will give you a quick profit especially if you can manage well.

[eydrea]

Until now im not yet well experienced in trading. So my opinion is focus first on long term hold. In that way you can secure your investments for a period of time. While holding, gather some informations about trading. Keep learning until you reach the moment that you think you can handle trading. As of now, i prefer long term hold.

[Epimetheus]

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 buying and holding your coins for the long term rather than day trading. Crypto market is very volatile and unstable which makes day trading as risky as gambling. Either you are gonna make profit or you will loose your hard earned money. Long term holding on the other hand, is less risky as your investment has all the time it needs to mature in the long term. You will be able to make maximum profits if you choose HODL strategy.

[Patron92]

I once tried to engage in trading, but had no positive results and I lost quite a lot of money. So I prefer a simple and reliable way to invest.

[Theonethatgotaway]

Both. I have a few I hold because I believe in them. I trade with some. Until LTC has this major rally is made more from trading. LTC taking off like this means I’ve made more from holding. I’ve got burn marks from trading. But I also enjoy it even if I lost all the money  

It's a good idea to trade in but it's better to hold. In trading you'll be challenged how far you'll go whether to prosper or lose some bounty but it will depend in your decision making. Whereas, in holding, the cost of btc as we all know changes from time to time if you keep on holding them and its value gets higher it's a great advantage for you. So i do agree that both trading and holding is good idea.

[FiveReelsOne]

There are lots of advantages of longterm trading compare to a day trading.Coins are more of being identifiable of which will grow int htew next dsays or in the few days. Long term investments are less in its vurnerability and its risk compared to day trading which is more of like risky in its nature but in the other hand has great promises high returns. I have a money that is worth loosing you can go on a day trade but if not go for long terms.

[qtypatuty]

I once tried to engage in trading, but had no positive results and I lost quite a lot of money. So I prefer a simple and reliable way to invest.

I choose to do the one as well as the other. It depends on the situation. If I see some good coin which value is getting high, then I would consider trading because it will mean an instant gain. However, I'll sometimes also choose to hold for a long term for the reason that I am familiar or accustomed to the fact that cryptos are volatile so that means that their values could go extremely high at some times.

[terible.hunter]

Here, many have already said that trading is a very dangerous occupation, so I have nothing to do but confirm it. If we are talking about the long term, then we need to be very patient, because it takes a lot of time for the tokens to rise in price

[Jannalsieh]

Hold!
I prefer to hold my coins long term and wait for opportunities to trade.
There are certain opportunities that cannot be missed.
So what I do is holding then trade

[PhucS]

This depends on the goal in each phase, I will choose the day trade or a long term hold consistent with the goals set. Day trade will help me make a profit in a short time, this is a strategy that I often use, however, its profit is not big. Sometimes I also combine both, besides day trade, I also choose some potential altcoin and keep them long because its value will increase.

[xPASTELx]

This will be determined by your investment plans and goals. if you are in for a short term stay then trading will work perfect for you. if your investment plan is long term the hold those cryptos as long as possible, you'll stand to gain more.

[gangem07]

This will be determined by your investment plans and goals. if you are in for a short term stay then trading will work perfect for you. if your investment plan is long term the hold those cryptos as long as possible, you'll stand to gain more.

I prefer hold for a long term.Long term investment is pretty much good for a day trader you can earn a significant profit and a chance to grow 5x or your money but a little bit risky.Hold coins with a huge potential and have a good development in the market.

[#CapsLOck]

I once tried to engage in trading, but had no positive results and I lost quite a lot of money. So I prefer a simple and reliable way to invest.

That's a very sad news knowing that you've lost a lot because of trading. Trading is actually a case to case basis where not everyone has a good positive outcome after. So, prefer to have it on hold than trading.

[tresbien21]

I prefer long-term holding, because i've heard that day-trading is very risky, especially for thosr who don't have big experience with this.
My plan is to hold a coin untill it's value multiplies at least 5 times, and then sell half of it to take my investment back + some profit

[Psalms23]

It really depends on the coins you have. Some coins are really worth holding for a long time and can have negligible effects in traded immediately, so with these coins I'd rather hold. But there are also a lot of coins that tends to be short lived, just pumping for a week, and very risky for long time investment. I've tried buying some and hours later sold and earned a good profit.   The only problem now is which coin you should trade frequently or hold.

[pprun]

To a truthful answer it is depends on what coin do you have? This is the main question before deciding to hold or to trade. There are too many coins in the market imagine that you have 200 kinds of coins just an assumption in your wallet and you will hold it all. I think it is not advisable because in reality there are coins that can be burn if not successful or to end everything. What if you have that coin in your wallet, it is clear you lost one kind. So it depends on what coin do you own.

[dedet]

I choose for the long term, some I will exchange if the price is high, depending on the price of the coins I have, for preparation, as necessary.
because the price is unstable and I also do not know what will happen in the future