do you day trade or prefer a long term hold?

[poplolnman]

I am holding my 66€ worth of altcoins for a long time. I have been holding for 4 months now, but I plan to hold in the long term (3 years and such). I just want to live the crypto era that most likely will begin after 2020

It might sounds like a very little investment you have made but you know that crypto investment offers people a huge multiplier, why? It's because the power of decentralization. No one hold a big role , not like United States in conventional money who become super power. Long term holing would be worth as long as you do know potential of certain coins.

[d1ceplayer]

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.

Practically it will not that easy like how it sounds. Buying and selling at right price levels is not possible for any trader that is the reason many people are here suggesting to hold rather than going for trading. Only for highly intensive trader it will be possible to buy and sell at right price levels. If you are not good at trading then simply holding is highly recommended for making good profit for your investment but it will obviously take some time.

[cramcram21]

For me I do both of them I would buy some alt-coin for a long term hold,
And would get some to make a profit in just a short period of time ,
Sometimes I would buy a coin which is in the top 100 and try to make a profit from it even if it is just a small percent .

[paloloy]

I am doing both. there are some og my Crypto Assets that I really don't want to get on their place because they're my long-term investments. Those coin numbers are huge like 30k coins or more.
But some of my coins like hundred coin in my wallet, I usually sent them to coin exchanges and hit sell and buy buttons in order for them to grow and earn some earnings as well.
I do both, trading and holding long-term.

[paloloy]

With a so high volatility, that bring so many opportunities, it's a pity to hold for long term.
Eventually, hold part of capital, just to have a reserve, but use the rest to make profit daily.

Most people do this. But trading in a falling market is very risky. That's why beginners should refrain from trading atm. Hold is the best strategy in a falling market. Now even experienced traders took a vacation and temporarily stopped trading.

Crypto trading is indeed risky and I agree with the statement.
That's why the least thing we can do is holding whether short-term or long-term because everyone don't want to lose their Assets because we all got it by the hard way.
Buy Low, hold and sell high is an effective trading formula but does not work all the time. Sometimes they do work with luck with strong trading experience and skills.

[Koioss]

I think daily trading is very difficult and and exhausting. You have to follow it all the time and always have to contemplate. It is also very risky at the same time. For this reason I prefer a long term hold.

[J_CCreate]

I prefer holding my coins than day trading, because i choose assets that can be blowed up to 50x in the long run.

[DAN29]

I prefer long term hold. Crypto prices are unstable, so I prefer to hold coins before my preferred price of trade comes.

[Walkenman]

I personally hold, but as for me it is better to combine. Let's keep 70-80%, and trade 20% of the capital.

[Clavulanic]

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 Its better to long term hold if you have a lot of earnings and income to facillitate your daily indeed.Don't waste your holdings to trade if youre not used it to your  needs Its because we considered as a perfect profits for holding.But when you have something to buy for personal things or an important matter my suggestion was trade it with a short term but only in half for your profits and the other half will make sure was temporary hold it. Because of the volatile movement of cryptocurrency especially for bitcoin we make sure that it will increase.

[rabs]

It depends upon expertise and investment if you are expert and best learner,aware about the market and can predict good you will win in day trading.Day trading have good contribution to increase funds,while long term hold also good invest investment if you stuck in daily routine then long term holding is good option.

[svobodnyi]

I work with long-term coins. They can give x5-x10-x20 and so on. Moreover, almost any coin in the long term will give a good profit.

[Alaira]

I prefer to holding in a long term, but it depends on how much profit i will get, if i think i get enough money when i sell my coin, i will do it. But if i think that coin will rise up again, i will hold it

[Chrisjay29]

Will for me i choice long term holding. Trading is very nice source of profit but im bot good on that and infact its too risky for me. I need more knowledge about it in order to success in trading thats why i choice long term less risky sure profit

[Anchor867]

i prefer day trade because you can get a lot of profits on it buy doing buy low and sell high so in this way you can get a lot of profit but anticipating the price is hard even for the experience one we never know all the time if their going to pump or not

[kaspabha]

I normally prefer holding. I can select good coins and then i can hold them. It has relatively law risk. Good trader needs more knowledge and experience. You need to gain proper knowledge and start with little tradings.  Trading + Holding can give you huge return.

[Hirameki]

I do both, sometimes when it is in highest peak and its barely going down, and i do long term hold, when the price is too low i cant risk to lose more than what i have invest on it. So basically i do both depending on the situation.

[FOUAD1994]

I preffer to hold from 1 week to 2 week coins that have potential , i buy on rumours and i sell on news lol

[Lupus Solitarius]

If you have a big reserve of money, it's ok to hold your investment and don't think too much about it, as it probably will grow.
Of course, if you need to create money NOW, the only possible answer is "to trade".

[SiDtHeBeSt]

I think holding would be a better idea if you are busy with your job, etc. and don't have much time for doing cryptocurrency trading. Long term investments in good coins such as bitcoins/ethereum can be profitable as well as less time consuming. If you want to do day trading, make sure you are:-
1. Having enough time for checking the crypto market regularly for looking at the prices, etc.
2. Have enough knowledge about cryptocurrencies as it is essential for doing crypticurrency trading.
3.  Having some extra money which you can afford to lose as trading might have a little bit of risk as the market might crash.
Personally I would prefer long term investments as I don't always have a alot of free time, I don't like to take any risks and I am a bit lazy as well.