do you day trade or prefer a long term hold?

[elewton]

to be honest, I am not good at technical skills and i also do not have much time to follow the news. So, I choose some best coins for me and invest in them for few months. My portfolio now is MWAT, PKT, Swiggboss, BTC and IOTA

[rachman mahesa]

I personally certainly see from the prospect of the coin. Suppose the coin is very good for the long term. I prefer long-term And if the coin's future prospects are not good. I prefer to sell it directly.

[MrWidow]

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...:=

[novocaine]

I sometimes prefer long-term holding instead of day trading. As my account value is not very high and steady income possible only in the long term.

Also for day trade, you must be very active in crypto market and should be with enough research on the coins value to get the most deserving profits.
The market is too unpredictable. also I can say that than period shorter, the more then market is unpredictable. Therefore, I prefer to work long-term, in this case the chances of success are higher

[akihiro101117]

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 do have long and short period of trades.
the advantage is you can hold long term on projects you believe in and you can scalp in day trading for your immediate need of money.
my portfolio is 60% on day trading and 40% on longterm hodlings.

[ankurguta87]

Day trading will lose you money. Long term is less likely to lose you money provided you pick the right coins. Do you understand elliot wave, WXYZ patterns, flags, wedges, how to spot them, interpret them and extrapolate from it? If no, stay away from day trading.
I prefer HODL as I lost my few coins in day trade.

[Elseye]

Market is extremely unstable and in my opinion currently the only efficient option is fast trading, otherwise you may have to wait too long and you'll get no guarantee to increase your investments...

[afterdark]

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

Each of these strategies is good. But we must understand that in order to achieve success in daily trading you need to have professional knowledge and good experience. This brings good profits, but the risk is also great. Hold is the easiest way. And sometimes he justifies himself.

[kevin135]

I prefer long term holding.
But when I need to I trade daily.

[davidroux]

for me, now i am learning know to trade, i just spend a little money trading to learn my own lessons , and the rest of my money, i invest in some good coins and hold for long term.

[Plixs]

Before I deciding for long term or short term, I research first every coin I have. If I have coin that is quality and have many project for the future, and the team is very active. I'm holding it, but there are some coin that is not good for me, so that is for short term.

[bitcoinerjawa]

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 better play long term because the long term is better and less avoid getting stuck in a very expensive price. long-term play can train patience too.

[bitmover]

Crypto have been in a strong bull market for some years...

In a bull market the best strategy is to just Hold.
If this situation changes, other strategies will become better, but for now, hodl is the best option. Unless you are a professional trader, which most us are not.

[Castlereagh]

Very good question. Personally, I'm inclined to think that holding is the best all round option: profitability it will probably outperform day traders over a long enough time span (years), and psychologically there is no comparison. Do you really want to be waking up in the night to alarms, checking your portfolio every 5 minutes, feeling your guts churn and spikes of adrenaline when the market goes against you?

Personally, I can't live like that. I have other commitments and things I need to focus on - plus, of course, I think it should be left to the pros, and pro I ain't.

[electronicash]

its always going to be a long term if you want to profit more which is what you expect. you just can't see a token that will suddenly rise up to 50% right after you bought. unless of course its pump time. but coins that gets pump don't come along every day. you will always have to wait for maybe week, a month or months 

[chanc3r]

Before I deciding for long term or short term, I research first every coin I have. If I have coin that is quality and have many project for the future, and the team is very active. I'm holding it, but there are some coin that is not good for me, so that is for short term.

In fact, the primary point that will be affecting the result of your hold is the timing to get in the crypto itself. Remember there is a lot of people made wrong decisions to buy crypto at peak. They are not thinking about TA analyzation but they are only focusing on the fundamental analysis. This time they are loosing a lot from their initial investment amount.

[philadey30]

I prefer Long term to short term, but not all coin worth holding for  long, but i do make researches on coins on my portfolio to decide one to hold and one to trade.
I only hold coins of a very high potential to earn more profit.

[Azaria Rodriguez]

If you are good at it, trading will make you a lot more money. That said, trading is difficult business. Many people, actually most, lost their shirts doing it. That might be okay for you in the nice climate down there but for most, a winter jacket is required. LOL

At the end of the day, I would be even a trader like you has some long term hodls in your portfolio.

[Benedict Lee]

Neither hodling everything nor selling everything within the same day will work for everyone. It depends on people, some go with their own strategy. Some will lock up all their investment in secure wallet. Some of them buy when the price is low and sell when the price goes up. I would suggest that, each individual to come up with a strategy which works for them and which will be comfortable for them.

[terible.hunter]

I, like many smart people, prefer long-term investments, because I believe that it is long-term investments that can grow very well in value. But someone likes day trading, if they do it, then why not.