do you day trade or prefer a long term hold?

[ursie]

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

[renes]

I prefer holding long term but I sometimes trade some coins because if there is a obvious opportunity you should not miss it. Trade and hold, it depends on coins as well.

[01BTC]

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

Long term buddy. I found it to be more time effective , at least to me wich I was trading aprox 200 USD ... It depends of the time u have and the amounth but over all i trully believe long term is going to pay off, cheers!

[AndriyPilipyak]

I have portfolio for long-term and I think the best is hold, but most best in my opinion is make 1,2 deals in 1 month when volatility is very big, for example what was after new year

[sorrysteve1]

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. With longer term investments you cannot fall victim to the dangers of high daily volatility.

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. If you can successfully buy the lows and sell the highs then you can really outgrow that 100%.

[cryptopusa]

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 depends on the market situation,if the market is stable we can do an alts trading everyday but if the market is bleeding and unstable we should stick the solid coins just to be safe.I am doing a swing/day trading style and i am doing good with 10-15% daily average profits,when bitcoin is very unstable commonly i am doing scalping with some alts.

[realsmans]

On my own 1 year experience, I can totally say, that long-term holding is much profitable than trading. But it is only my opinion and research.

[Marvell1]

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 use a day trading pretty rarely, only when I expect some reaction to a positive event with a high probability. I prefer to make a deep research about projects and search the best of them to invest in and hold for a long time.

[Fioraver]

I don't think day trading is for everyone. Not everybody can be successful in day trading. Long term holding is a lot easier.

[cryptopussies]

Market is too volatile,holding it for too long might give you more losses than trading in shorts,that is why i am doing a daily swing/scalping trading style and i manage to have a daily gains of 10-15% average.I am doing marginal trading when bitcoin's movements is predictable so i could have more bitcoin in my pocket.

[Dread Pirate Roberts]

Depending on what you need. if you want to deviate in the long run to the type of coin you trust then hold and keep entering the market every day it needs to be done. but if you aim for short-term trading and take advantage of trading. Short trading is also profitable

[Holla123]

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 was never good at trading. My timing is not good. Crypto is great for trading because of high volatility but I stick with ICO and a number of them are now long term holds. My platform for everything are Ethereum and Neo.

[Akash1243]

Well it depends upon you in which you are more comfortable with daily trading needs some skills and experience to gain profits whereas in long term investment all you need to do is nothing and watch the market and don't panic sell when prices fall and imo etheruem is great for long term investment as it has been steadily increasing and does has potential to grow more in future.I prefer long term investment as I don't have much experience in trading much.

[ridha inoue]

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 have free time better trade altcoin every day.
the profit you get will be bigger if you play short term.
but if the price of the coin is decreasing all the coins then try a long term until the price is stable or there is a price increase...

[cryptomema]

I prefer short trades because the market has high volatility that means it can rise and fall in just few hours of waiting,while long term holds give us uncertain profits because of this high volatile market,fundamentals are more dominant when it comes to a long term trades i am doing long trades when bitcoin is going to bull run so i my altcoins will be safe from the correction,it is the strategy i am doing for the last 1.5years and it is very effetive upto now.

[JavaLove]

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

My strategy is to day trade and distribute the profit into two half: 1st into BTC for bigger roll or withdraws, 2nd keeping into the trading coin for holding. By this I have best of both worlds.

[alt-fire]

when I started, I begin to trade and lost 40% of my deposit. if I just hold, then now would have x3

[felipe04]

Better to do here are both of that like invest in day trading and hold some for the future because the price can go high by just a day so it's good to do if you have btc in that time and if you have also invest in day trading because the price can go low and high at some time also,I think you will see it already by just investing in btc because the is so volatile but this past dec 2017 the price go really high.

[Oceat]

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 depends really on the price because there are some coins that will quick to dump and others are too slow to rise which means no one is dumping it yet. And most of these coins that quick dumping are newly born coins which is too easy to predict if someone would really dump the price will definitely rise up and that's the time to start selling your investment. A long would be advisable if the coin had hyped already.

[royale143]

I prefer holding long term but I sometimes trade some coins because if there is a obvious opportunity you should not miss it. Trade and hold, it depends on coins as well.

I do too. But, it's not because I am not fit for trading, it's just that my schedule won't allow me to do day trades. I have a full-time job apart from my ventures in the cryptocurrency market. So, since day trading needs quite alot of time to check on the market closely with which I can't do at the moment. I would really like to try day trading because it is a more active and action-packed approach of earning. Also, sometimes, your patience would test you with investing on long term, which I don't have.