do you day trade or prefer a long term hold?

[VanKleiss]

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 to hold for long term rather than day trade because day trade will gives you a headache every time the market is in red. Long term will gives you sure profit if you invest in a good altcoin with solid project and dedicated team.

[fitzzz]

I prefer for long term hodl no headache if the price goes up and down. and you can set your mind in the preferred price you want it to sell. but its good if you are a day trader to maximize your capital just set stop loss and dont be greedy.

[mak lessoh]

yes I'm new to crypto and I do day trade because I do not have enough capital to make long-term investments in crypto, I have to check the market every day to do it, this is a bigger risk but I learn more by doing day trade

[tarlok01]

I will hold it for long term and waiting for the best results. In order to earn profit it is good to keep patience and hope for the best.

[bitae]

Op, the best decision to take at a time like this up to you as to whether you should sell or keep holding your coins. It is better to learn from other people's mistake and not yours because once you learn from your own mistake you have failed already so try to learn from other people's mistake and not yours. If you that you have reach your stop lost then you close your position but if you believe that the coins you are holding at the moment has greater future ahead just keep holding.

[ACcrypto127]

I prefer long time hold. Because day trading involves lot of risk. Also for doing day trading you need bit more experience in crypto field.

[Olena9797]

I did day traiding from the first time. But if i count my profit i have more just simply holding for long term. So i choose second variant

[lestariptr]

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 used to trade every day. And it's profitable. But I was scared because I thought it was very unstable. Now I'm trying to profit from investment. Hopefully my long-term investments are successful. I hope the coins I invest in are priced up and will become popular coins.

[bright07]

I will invest my money to trade at present time so that I will earn profit  at  present.

[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 am sitting close to one guy who is a big fan of Fibonacci as indicator but I have to be honest with myself, I am not good at trading. So my short term invest is restricted to ICO I participate in and fully or partly flip and the rest is search for good long term hold or low cap jewels.

[visiblehand]

Really depends why I'm buying a coin.  If it's because i think it's going to do well long-term, then there's no point day trading it.  If I'm just trying to catch a quick move, then there is.

[Valturbo]

I will invest my money to trade at present time so that I will earn profit  at  present.

This strategy is not for me, because I have a family and little free time to trade. I'm diligently studying the information on new promising altcoins and investing my money in them. Then a long term hold.

[bounty001]

Hello everyone! I'm for long-term retention. The method is good because it can bring high income in the long-term storage of currency. Moreover, it does not require constant monitoring of the market, allows you to save on transaction fees, as transactions are made very rarely: in other words, this is the most quiet style of trading.
The buy and hold strategy helps investors to participate in a dynamic market with minimal risk to their assets. The most important thing here is patience and struggle with the desire to earn fast and leave the VA — Bank.

[arkaasay]

I think long-term holding is more effective and easy. I prefer a long-term holding because daily trading requires some skills and experience to make a profit, but that depends on the market situation. I suggest you to choose a strategy that can make you comfortable whether it is daily trading or long-term holding.

[dizzy1996]

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

Good night, the question is still interesting, I can tell you one thing, both options are acceptable because there are project tokens in which there is a big potential for growth, but after a while, and there are projects for which there is already a ready product, and accordingly the demand is still large and in such cases the price of the token is at the top, but remember the decision is always yours

[kylekyle2000]

I think it would be wiser if you hodl your tokens for quite some time as it's cost might still increase. But of course, it depends on how you prefer to play it.

[OuterTech]

I choose long term holding instead of daily trading cause with long term holding I don't have to spend too much time in a day for it like daily trading so I have more free time to join bounty campaign in this forum to earn token and Bitcoin to get more money to pay for my living. Beside when I hold for long term, I don't feel panic when the price dump or pump everyday like daily trading

[vidprab5]

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.

Day trading is not an easier thing for anyone can do. Only if you are good at trading like predicting market directions then you can go for day trading. But holding for long period will be easier and comparatively it may produce more profits. But all the requirement of holding is, you must choose right coin to hold. Because there are a lot of shitty coins are available everywhere and if you choose one of them and holding them will never get you any differences in your financial system.

[mulyadi dedii]

I prefer to exchange coins in the short term, and I more often see the movement of the exchange rate of the coin itself. why do I prefer short term? because to reduce the risk of loss even though there is no guarantee can profit continuously. because in these activities there are many risks and as we know that the exchange rate of coins always fluctuates over time. but there are some that I keep for the long term, of course, potential coins that I keep for the long term

[Tamilson]

I think long-term holding is more effective and easy. I prefer a long-term holding because daily trading requires some skills and experience to make a profit, but that depends on the market situation. I suggest you to choose a strategy that can make you comfortable whether it is daily trading or long-term holding.

Exactly because trading is not everyone's cup of tea so instead of trying hard to day trade just be a long term holder. In this way we can lessen our losses and we can focus on how we can grow our investment. However, doing long term holding also requires some basic knowledge from the coins that you'll hold as nobody wanted to keep stones rather than gold.