pinoyden
|
|
February 24, 2018, 08:58:44 AM |
|
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. that is not true. Based on the latest statistics and surveys , there are still more people who constantly do trading (including day trading ) because they said that they can earn more with it. long term investment is also beneficial because your potential profit will be stacked up until your desired targeted amount. In my case i still do both trading and investing , bitcoin is my long term investment tool and altcoins are my trading asset.
|
|
|
|
cizatext
Member
Offline
Activity: 952
Merit: 41
|
|
February 24, 2018, 09:05:31 AM |
|
Well it an individual decision because holding and trading has to do with your willingness to learn and take risks, in holding you need to be knowledge in cryptocurrencies and at the same time have patients to hold even if the price fall or down in the market price. And again in threading you have to take risk and know when to trade and be ready for the outcome either good or bad.
|
|
|
|
dangershadow
Newbie
Offline
Activity: 88
Merit: 0
|
|
February 24, 2018, 09:11:17 AM |
|
My Opinion is that long term holding is more beneficial then day to day trading. In my case long time holding has been always beneficial I have tried to do day to day trade a couple of times but always in vain and always have ended up in loss So i usually prefer to hold my coins for a long time.
|
|
|
|
agga
Newbie
Offline
Activity: 77
Merit: 0
|
|
February 24, 2018, 09:15:12 AM |
|
I trade every day, but I keep some coins in long
|
|
|
|
jsscswan
|
|
February 24, 2018, 09:19:17 AM |
|
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 chose both trading daily and making long-term investments. Because I think both have advantages and disadvantages of each. So it would not hurt to do both things at once if giving advantage to us.
|
|
|
|
prabakharras
|
|
February 24, 2018, 09:20:40 AM |
|
If day trade you have to keep day trading Once you stop your timing is all messed up Hodl gives you a good high return when you want to cash out
|
|
|
|
Fenakar
Newbie
Offline
Activity: 66
Merit: 0
|
|
February 24, 2018, 09:23:19 AM |
|
I prefer a long term hold
|
|
|
|
Rezel111
Newbie
Offline
Activity: 140
Merit: 0
|
|
February 24, 2018, 09:35:05 AM |
|
depending on the situation in the market partly I trade every day if a coin i good value for the future then I will hold for a long time, daily trading is also profitable for me and always I play every day, holding altcoin is also quite beneficial and the profit target should be 100℅
|
|
|
|
Treshkilling
|
|
February 24, 2018, 09:37:10 AM |
|
it is difficult to say that everything depends on the level of trade and the amount of investment in the long term. Both a profitable business if you know what to do, I prefer to combine
|
|
|
|
Jafri101
|
|
February 24, 2018, 10:43:07 AM |
|
The best is the long term hodl. Day trade needs more time more attention more strategy before investing for short trade. You should know the in and out of the coin you purchasing.
|
|
|
|
KalaiBTC
|
|
February 24, 2018, 10:51:58 AM |
|
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. Yes, the main requirement of holding must be selecting the right coin. But if you choose bitcoin then there will be no other the hassles of finding big profits by holding. Because bitcoin is already a proven coin which will be providing enormous profits by simply holding it for years. Instead of risking with any other unknown coins, it is highly recommended to go for bitcoin for holding for long period.
|
|
|
|
BitProCoin
Member
Offline
Activity: 238
Merit: 10
|
|
February 24, 2018, 10:57:14 AM |
|
I prefer hodling for now since I just need to invest and leave my coins on there for a few months and probably check daily if they do profit.
|
|
|
|
redfin31
|
|
February 24, 2018, 11:11:21 AM |
|
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
to be honest i prefer long term hold than trade daily, we can choose one coin which have potential for long term hold. different with trade daily, where we need more time for that, especially if you don't have enough time, you can miss opportunity even for a few minutes.
|
|
|
|
prdn
Member
Offline
Activity: 504
Merit: 10
|
|
February 24, 2018, 11:15:39 AM |
|
I preferred to wait before, but I realized it was a big mistake. now I sell when I make a profit and look at my way
|
|
|
|
Astronom
Newbie
Offline
Activity: 29
Merit: 0
|
|
February 24, 2018, 11:23:45 AM |
|
In my opinion the best strategy for begginers (like me ) is to hold coin for long term. I tried to trade in short position but not successfully mostly because of lack of experience. Gradually i'm going to start short trading.
|
|
|
|
serkhio
Member
Offline
Activity: 154
Merit: 10
|
|
February 24, 2018, 11:26:30 AM |
|
Today, the market teach me a lesson. I'm long term holder. Today, the gram coin listed in ZB.com and the price of GRAM hits the 0.07$ but now return the 0.008$. So if u participate an ico, the first time when it list in the exchange is essential!
|
|
|
|
gerjiss
Member
Offline
Activity: 336
Merit: 10
|
|
February 24, 2018, 11:30:18 AM |
|
I prefer long-term investments, although I am now interested in trade. I want to try myself in this matter.
|
|
|
|
Denlv
Member
Offline
Activity: 350
Merit: 39
dApps Development Automation Platform
|
|
February 24, 2018, 12:17:46 PM |
|
Hi!Im prefer hodl,u can get more profit by hodl and less time investment doing bountys and hodl all coins what u get, if one of them x2 or x10 just trade them and change to another more expensiv token or what u prefer best,dont like much trading becose risk is by losing ur money.I know few peoples who buy signals and doing day trades they get good profit but this is not thing..
|
|
|
|
muhdatha
Member
Offline
Activity: 168
Merit: 11
Betrium 🎾 Worldwide Betting Exchange
|
|
February 24, 2018, 12:20:08 PM |
|
In my opinion the best strategy for begginers (like me ) is to hold coin for long term. I tried to trade in short position but not successfully mostly because of lack of experience. Gradually i'm going to start short trading. It's too difficult to decide.... how I can plan my profit and will it be enough for my routine costs. If someone works and have regular salary he can try HODL for long time. But some of us need some money now and that's the reason to daytrade or sculping I think.
|
|
|
|
Astrilian
Full Member
Offline
Activity: 350
Merit: 112
Ecosystem for Fundraising DAOs — ICOs 2.0
|
|
February 24, 2018, 10:49:44 PM |
|
I got burned with trading several times and focus on holding quaility coins in the long term now.
|
|
|
|
|