SirTradeX (OP)
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February 20, 2018, 01:18:32 PM |
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Hello my dear Bitcoin brothers.
I would like to ask you about your experience with day/swing trading vs. long term investing and also, what was more profitable for you and what are pros and cons for both ways of trading?
This question interests me since market is very volatile and it can get quite easy to exploit daily range for a quick small profit.
Thank you fellas.
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carter34
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February 20, 2018, 01:29:09 PM |
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It depends on what you want. If you want a quick small profit, you can trade on altcoin. Bitcoin is good for both but I prefer bitcoin on a long time hodl, it is more profitable and at least with 70% chance of not losing your investment on the long term.
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josegr4ham
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February 20, 2018, 01:36:26 PM |
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It is better to be a long term investor than a short term. Usually short term investors will look at their wallets every day and they will panic quickly when the prices go down so they will sell
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pankowri
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$CYBERCASH METAVERSE
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February 20, 2018, 01:59:52 PM |
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If the investment is long or short,it'll be profitable.It'll depend entirely on themselves that the investment will be short or long.In the long investment,there is savings for future and profit is more.On the other hand,profit is less in the case of short investment and there is nothing for future security and needs.In my opinion,long investment is better than short investment.
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mk4
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📟 t3rminal.xyz
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February 20, 2018, 02:06:47 PM |
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I tried daytrading back in the day. At first I was making good profit, then with just a few bad trades I broke even, and sort of ended up wasting a whole day on trading. Never again. It's really just not for me, so I end up doing semi-long term trading instead(weekly trades).
If you like staring at charts all day and go crazy, then day trading might be for you.
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HeRetiK
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February 20, 2018, 02:08:23 PM |
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Long term is less stressful. Any alts that lack the fundamentals and are only good for being volatile enough for daytrading, are likely too risky to hold regardless of timeframe.
Also note that it's easy to make money with daytrading and alts during a bull market. If we are back in an upward trends there may be some profits to be made, but if the bear market continues you're more likely to lose money on alts rather than to gain some.
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Quarantine34
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February 20, 2018, 02:10:56 PM |
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Hello my dear Bitcoin brothers.
I would like to ask you about your experience with day/swing trading vs. long term investing and also, what was more profitable for you and what are pros and cons for both ways of trading?
This question interests me since market is very volatile and it can get quite easy to exploit daily range for a quick small profit.
Thank you fellas.
Both, In long term investment you will see how longterm investment is so risky, in short term there is a risk also but low. You can see that when you invest in long term investment you will gain more profit than investing in short term investment but the thing is if it is legit investment, Trading everyday is a good thing and you will gain more profit in trading.
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derdgzmn30
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February 20, 2018, 02:12:28 PM |
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Hello my dear Bitcoin brothers.
I would like to ask you about your experience with day/swing trading vs. long term investing and also, what was more profitable for you and what are pros and cons for both ways of trading?
This question interests me since market is very volatile and it can get quite easy to exploit daily range for a quick small profit.
Thank you fellas.
For me, Long term investing is good. It helps me a lot and I profit a lot when the bitcoin value goes up to the 20,000$ mark. Less hassle in long term investing but just invest only a small amount because bitcoin is unpredictable, it's value may go up or down.
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KRIPTON ● THE BITCOIN OF AFRICA (https://kriptonofafrica.com/)
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Tomcolor
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February 20, 2018, 02:16:05 PM |
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It's depends of your mind. Besecialy trading Is the best with me. Trading can give me huge profit for short time. Firstly you went to like short time for good profit or long time for good profit. But personally I give you suggest. You can choose trading. Because trading can give our huge profit for short time. So you will try this. I don't support long time investment. Because investment is the always risky with me I like them trading. Trading making good profitable.
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St4yInTh3D4rk
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"STAY IN THE DARK"
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February 20, 2018, 02:16:18 PM |
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Hello my dear Bitcoin brothers.
I would like to ask you about your experience with day/swing trading vs. long term investing and also, what was more profitable for you and what are pros and cons for both ways of trading?
This question interests me since market is very volatile and it can get quite easy to exploit daily range for a quick small profit.
Thank you fellas.
If someone want to make real profits from crypto currency then it should be in long term because the price of crypto currency will increase in the long term so if you can hold cryptos for years then you can be a millionaire. But in terms of trading day trading will be more profitable because it needs more skills but not all can succeed because the profit of one trader is actually loss of some other trader so know the risks of day trading before doing it.
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Pettuh4
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February 20, 2018, 02:20:29 PM |
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It's always best to hold for the long term if you just invested or is somewhat new to bitcoin investment because gone were the days when the early adopters bought them for less than 10$ and these guys are those that can sell any time but not us when the price was already high when we joined.
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BrewMaster
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February 20, 2018, 02:26:21 PM |
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if you have the time and can endure the stress and hard work of day-trading then that is the choice you can go for. it is a good profit because bitcoin is still pretty volatile and if you can speculate it accurately most of the times then you will make profit most of the times. regarding altcoins, day-trading is the only option that is good enough. long term of altcoins is high risk at best and they are very unpredictable.
if you can't do the above then you choose long term investment. also if you don't like using exchanges since they are all pretty crap then you also choose long term investment.
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There is a FOMO brewing...
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Kprawn
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February 20, 2018, 02:38:52 PM |
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The thing that gets you some times are the trading fees. You tend to forget about that and it eats into your profits, if these fees are high. There are also withdrawal & deposit fees and if you are anything like me, you will not store your coins on the exchanges. {I do regular deposits & withdrawals, because I do not trust exchanges} Most money lost, has been through exchanges that got hacked.
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h0lybyte
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February 20, 2018, 02:38:59 PM |
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Short term trading can obtain you even more than 5% in a day but occassionally you may lose most of your trades with this strategy. I would like to put forward a helpful consideration: Divide the whole amount into 2 categorem, invest 50% in bitcoin for a long-term plan, and another 50% in an altcoin that has high demand
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chidrawarster
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February 20, 2018, 02:44:29 PM |
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I have always seen in crypto market the long term and medium term investors have been in profits .The main mistake what we do is after we sell of we immediately tend to buy at cheaper prices, but we should wait for the complete correction approx 30% from the previous high, until then i m not getting in and taking any buy positions .I will wait and try to buy at lows not in the middle.Try this guys hope this might help and get some profits.
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mhj
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February 20, 2018, 02:49:23 PM |
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i see and know from my experience in sort time invest some investor can earn profit but not big.so long time invest is better then sort time invest.if you invest any currency and hold for long time you earn huge profit .so it depend your choose.
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█≣≣≣ SECURIX ≣≣≣█ ▐▃ NEXT GENERATION OF CRYPTO MINING ▃▌ http://www.securix.io/
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Bessta
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February 20, 2018, 02:52:14 PM |
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For btc i think long term is more profitable. For alts, it depends on the alts, there are some that are for long term like eth ltc ripple neo iota and a lot for short term only. But bear in mind that long term investment is also high risk. Now when it comes to trading, it also depends on your time or availability, if you have enough time go for day trading which allows you to speculate and earn a lot if you know how to do it strategically since cryptos are volatile but it is tiring and stressful.
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Roydgon
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February 20, 2018, 02:57:49 PM |
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It is reasonable to have different investment. How long and short. At the same time need to develop their investments in coins.
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SamRobsondd
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February 20, 2018, 03:16:30 PM |
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long term holders having less stress and pain compare to short term
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SirTradeX (OP)
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February 21, 2018, 08:18:09 AM |
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For btc i think long term is more profitable. For alts, it depends on the alts, there are some that are for long term like eth ltc ripple neo iota and a lot for short term only. But bear in mind that long term investment is also high risk. Now when it comes to trading, it also depends on your time or availability, if you have enough time go for day trading which allows you to speculate and earn a lot if you know how to do it strategically since cryptos are volatile but it is tiring and stressful.
You see, when you say long term is more profitable... if i put it 10k and hope price will double i have 20k. But with short term you take small pieces of profits and it can get you to exponential grow of your portfolio and those 10k can make you a heck more than just 20k. I will have to think about this one a bit more i guess
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