do you day trade or prefer a long term hold?

[Ethelbert Moore]

It is better to hold because in trading most investors actually lose money. In a 6 month period of training 80% of day traders lost money. So if you understand simple mathematics, it is obviously better to hold and most people are not going to be top traders. In the world of cryptocurrency a lot of people don't even know what it is that they are doing when trading.

[1714873488]

1714873488

[1714873488]

1714873488

[1714873488]

1714873488

[Jimmytran1717]

It is better to hold because in trading most investors actually lose money. In a 6 month period of training 80% of day traders lost money. So if you understand simple mathematics, it is obviously better to hold and most people are not going to be top traders. In the world of cryptocurrency a lot of people don't even know what it is that they are doing when trading.

Yes I agree. When holding your crypto, you don't have to worry about missing out on any opportunities. You don't have to worry about being the guy who sells his ether after making a 70% return when you could have possibly held onto it and made even more money. Many people whoa re coming into the scene are not professional traders either and are going to lose a lot of their money due to their inexperience.

[John Snow]

Bitcoin obviously has achieved much better returns for investors in the past few years, but is extremely volatile. Volitility is not something most “buy and hold” investors want, and might cause them a lot of stress. Bitcoin can make 10% moves in a day, it can also drop 10% or more in the same time period. It might cause people who aren’t experienced investors to do something rash and panic sell.

[Dirk2017]

It is better to hold because in trading most investors actually lose money. In a 6 month period of training 80% of day traders lost money. So if you understand simple mathematics, it is obviously better to hold and most people are not going to be top traders. In the world of cryptocurrency a lot of people don't even know what it is that they are doing when trading.

Yeah you're right, the safest strategy to gain more profit is to hold, because in trading you are not sure either you win or lose so if you want to win or gain profit, holding is the best strategy and safer.

[ardyology]

I do day trade, and yes I guess some investors or crypto users/hodlers will judge me for the seemed everyday stress that I'd acquire. To be honest, I love that strategy because it is consistent and less risky. I just need to set my limits to 5% or 10% of gains and then I'm good. Say, I have 1000 USD as my initial day trading capital and I'm getting a conservative 5% daily gain that is 1500 USD in a month. So yeah, I'd rather check my portfolio and play with those altcoins at least I'm getting a stable income.

[bigblackdeck45]

I do both day trading and long term holding. If I have some spare money I do day trading to earn quick and fast profit even though it is not that big like holding for long term. But primarily I hold my important coins for future use and purposes specially when I need money or unexpected emergencies.

[Alfarizi]

yes I often use the way of trading in the long run because for me by way of holding the coin in the long run is the best way to gain profit and that way also I think we are more relaxed, not in a hurry and we feel more calm than trading with daily way

[adekmameh2]

self-control is very important in transactions. analysis, problem identification and viewing opportunities and opportunities are the keys to success in sales. doing a short term in my opinion is better for getting big results but with big risk too

[donadoni212]

I do both, I choose a coin with a good prospect for me as a long-term investment, I prefer to choose a coin with a small value for me to make a long-term investment.
I also do trading with a moderate trading volume, because I can earn a profit every day and it can be my daily income.
I like both, with trading I can earn a profit every day and investment can be a bomb in my life in the future.

[Kilomans]

 I do more of holding long term for now as of trading. Cos one is still trying to study the market, prices, what coins to buy/sell. So holding for ow is my go-to solution. It's just playing safe because you dont know wanna make any silly mistakes in the process of wanting to go get coins except when its a sure thing.

[Baronggot]

self-control is very important in transactions. analysis, problem identification and viewing opportunities and opportunities are the keys to success in sales. doing a short term in my opinion is better for getting big results but with big risk too

Moreover, if you are in a proper timing and lucky enough, you will hit big time whenever you trade in small or big volume of  cryptocurrencies. But as to long term hold before you trade, that's also good because the longer it takes, the better the price your crypto can get specially if it's a potential crypto.

[herromerro]

I'm a long term holder, of course there are times I need to do some day tradings. But main strategy stick with solid projects for a long term.

[Ignacia]

I prefer a long term hold, because day trade is more risky and it requires much more time and knowledge of technical analysis and the ideas of each altcoins, also you should follow the actions of the teams and know when they will have good events and news

[acheampong64]

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 would prefer to do both, that is I will trade and also HODL for long term. My main objective is for a long term hold because it all starts with a belief in crypto. Once you have that, you don't feel scared to leave your coins for the long term reasons. And by the way, if you can leave your money at a bank for months/years though these banks also can take your money away, then investing in crypto should also be of the same trust because your investments will surely reap you profits one day.
To the trading aspect, I only do active trading when market is falling and fluctuating frequently (like what happened some few weeks ago). I don't sell of my coins for a cheap sell off, but what I do is to put in new funds and then restart trading to produce gradual profits. When you do that, you recover along with the rising market whiles tou still have your investment at a safe place

[StickySteeez]

I invest in certain initial coin offerings, I set some goals of when I want to sell a specific part of my investment and I patiently wait. Sometimes I will buy back, if the price drops with a good reason.

[Seeker#9]

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

One of my plans is to try daytrading someday. But since I have still no time for trading, I chose to hodl my bitcoin for long term profit. Trading is known to be risky and I still need more time to learn on how to do it properly to minimize possible losses in the future. Long term hold on the other hand is less risky, but you had to wait for many months before earning a profit. For the busy peope or investors, long term hold is right for them.

[sugihe]

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 much rather go for long term hold dude.
I just find it a more efficient way to maximize gains in the future as opposed to do day trade. Well that was me, I am not quite sure if it will fit your circumstances. It is also highly dependent on the timing and your capacity to invest.
Good luck dude

Holding for long term also has own risk because when we hold altcoin but its like not recover, we will be panic and sell our asset.
So though you have faith in beginning but we dont know if you can fight with your panic or not.

[2tang]

I invest in certain initial coin offerings, I set some goals of when I want to sell a specific part of my investment and I patiently wait. Sometimes I will buy back, if the price drops with a good reason.

So what you're doing is a long-term investment because you're just waiting when the price goes up, if I'm more comfortable doing daily trading because it is better able to follow the movement of my trading coins like BCH, ripples and stars, But there are coins I make for the long term like BTC and Etherium that I made for long-term investment,

[voltesbit777]

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 do day trade, I could say it wouldn't be easy for the newbie to apply this one. Even the the well experienced traders didn't do this methods most often due to its too risky, compare long term holdings it is less risk but higher chance to earn big in the end if you will become patience in waiting.

[kiki genteng76]

now i plan to keep the coins I bought yesterday for a long time because I'm sure by the end of 2018 everything will be back to normal