havoc928
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Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
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February 21, 2018, 12:40:27 PM |
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trading is so hard, so if the crytocurrencies are quite new for you, i think choose some coins to hold for a long time is a better choice
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Pokemon Go
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Activity: 336
Merit: 10
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February 21, 2018, 12:43:30 PM |
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long term hold, since most altcoins will go up in a long time, so I prefer to hold a new altcoin that has a chance to rise in price (like altcoin SXDT).
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kdiag
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February 21, 2018, 12:53:27 PM |
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I try to long term hold, but the hand constantly demands to trade, for this I do trainings on small volumes, in order to gain experience. in the future I wanted main to trade.
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KriptoFull
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Activity: 394
Merit: 0
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February 21, 2018, 12:58:26 PM |
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I do like comrade wrote above!I get (most often airdrop) and if I see that the developers are doing something,I sell only half of the coins!The rest keep up the good prices!Reward in bounty programs always keep long-term!
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RichardBTC
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February 21, 2018, 12:59:19 PM |
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Majority of my holdings now are long term and thats not becuase i want to... The market is basically making me long term hold on certain coins. For example tokuguawa as almost y dollars a coin... Its now floating around 1 dollar... With me knowing that ita potential is 6 dollar i just cant seem to sell right now ita like a mind loss lol
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ngalamunan
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February 21, 2018, 01:01:29 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 personally think if investing with crypto should we invest long-term because the income or the outcome of the investment is much larger and profitable but all back to you in the strategy of virtual currency investing
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Mumbeeptind1963
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February 21, 2018, 01:07:56 PM |
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It depends on coins you have, and the experience you are going to use. If you are newbie it will be better for you to hold, and don't trade your last money, never. When you will get more experience and profit in some time, you may try one-day-trading, but only with that amount, you aren't feared to lose. May be this way is correct for you and a lot of people, but humans excitement makes a monkey from man.
We always had this reason that day trading or simply trading is risky so it is preferable to just hold your coin for a long term. But for me either holding or trading has their own risks that we might take so we should be available for that risks and take those because that's what make us a strong holder and wise trader of bitcoin.
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Crypto_4eva
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February 21, 2018, 01:11:05 PM |
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I prefer both tbh. Some coins are good long term holds and some are just for making a buck or 2 daily.
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cryptonianz
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February 21, 2018, 01:19:09 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
Both tactics are effective, but you need to be good at them. You can invest in a coin that is strong like Bitcoin and hold on to it for years and get profit, or you can invest in smaller coins like Monero or Ripple for example and see large bursts of profits in a short period. You need to see which strategy works mostly for you!
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GERMO COIN
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Merit: 10
EndChain - Complete Logistical Solution
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February 21, 2018, 01:22:20 PM |
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I prefer trading because it is more profitable and I earn daily income
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kramchers
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February 21, 2018, 01:26:56 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
daytrade is good as long as the market is moving up and down, better to have or choose a day trade with coins or tokens with less than 10 cents USD per token for a good and fast profit. but be careful because you might lose money too. Long-term holdings are good for those token that has a promising project and development. some of the coins that are good to hold are NEO, LOYAL, UTRUST and LALA.
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Artiekee
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Merit: 0
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February 21, 2018, 01:29:47 PM |
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Im investing in ICO's mostly, and I prefer to take out my initial investment when the price is x3/x5. The rest I just hold for (semi) long term.
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husencoe
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February 21, 2018, 01:49:59 PM |
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I have day trading because I think with day trade we can make our asset keep spinning. But I have hold some ETH in my side. I think the day trading or long term trading is same. It's depend to use to choise what we wont. If you not have time to watch coin movement, the best choice is long term. For me a day trade give me some fun, especially when our analysis is have a little wrong and we stuck in some coin.
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ekn222
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Activity: 120
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February 21, 2018, 01:52:16 PM |
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of course HOLD!
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d1ceplayer
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February 22, 2018, 07:36:11 AM |
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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
Both tactics are effective, but you need to be good at them. You can invest in a coin that is strong like Bitcoin and hold on to it for years and get profit, or you can invest in smaller coins like Monero or Ripple for example and see large bursts of profits in a short period. You need to see which strategy works mostly for you! In my experience you cannot call both day trading and holding are effective. Because, so far, only holding for years have worked for me and I have faced losses all the times when I tried day trading. It may be completely dependent on individual's capabilities but I do see most of the people are sharing same thing. If you are about to start day trading then I will never suggest to go for it. Because holding will give you more profits than what you can get from your trading on daily basis.
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Whosdaddy
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February 22, 2018, 12:07:07 PM |
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I have day trading because I think with day trade we can make our asset keep spinning. But I have hold some ETH in my side. I think the day trading or long term trading is same. It's depend to use to choise what we wont. If you not have time to watch coin movement, the best choice is long term. For me a day trade give me some fun, especially when our analysis is have a little wrong and we stuck in some coin.
Day trading and holding will be same only when you are capable of making professional like trading. I mean to say if you are a professional trader then you can find more profits by simply holding any asset. When you are choosing highly established coin then you can simply hold them otherwise you can trade them more effectively like you can be sure all the times your coin will bounce back whenever you find a downfall. Buying and selling at right opportunity will make more profits than holding.
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tonmoycrypto
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February 22, 2018, 01:39:35 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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kipozer
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February 22, 2018, 01:42:36 PM |
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I would rather prefer better long-term investments such as ICO than trading. Trading should be dealt with by a person who understands anything in this at least until I can tell you anything, because I just do not know how to trade
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Crypto_Day_day
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February 22, 2018, 01:55:12 PM |
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personally i prefer to long term hold.
i think most of them can be wort much more.
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turkmachiavelli
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February 22, 2018, 01:55:12 PM |
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I thinks long term is better than day trade because If you make day trade , You are always worried abot current stiuation so you may sell coin with fear. Long term holding almost never affect badly to you because this market improve itself every day.
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