Rano
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Merit: 0
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February 25, 2018, 10:20:55 PM |
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I was doing short term trades when I started with crypto back few months ago. But I catch myself doing nothing all the day except sitting in front of the computer and watching charts. I was also not that successful and I'm in general not a patient person. Since then I'm now a long term hodler. Sold almost all my risky alts and went for more secure ones like XRP, ETH and Neo. By doing so at least I don't look at the charts the whole time, but keep only checking the prices a few times on the mobile app. Short term = possible good gains, but need patience Long term = invest and don't look into your portfolio the whole time
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MeganHeverin
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Activity: 41
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February 25, 2018, 10:24:11 PM |
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long term is not always good you just buy the dip and sell to the moon
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JeromeTash
Legendary
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Activity: 2324
Merit: 1259
Heisenberg
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February 25, 2018, 11:04:59 PM |
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Most important thing is to first know your goal but long term usually pays off very well even more than you expect... all you have to do is be patient and buy coins and tokens of great promising projects
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kingvirtus09
Full Member
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Activity: 938
Merit: 108
OrangeFren.com
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February 25, 2018, 11:31:19 PM |
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I'm a long term trader i chose i buy on dip and sell it in bull season month it pays off literally, Patience is the key and we must hold them some coins are promising they pump very hard.
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LieXurui
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February 25, 2018, 11:33:46 PM |
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iam always use long term investment because use long term investment can get much profit
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jonland22
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February 25, 2018, 11:41:05 PM |
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I am trading once in a while because I have coins in exchanges. Sometimes I buy and just wait the coin to go up in value before I sell, of course I know it is in dip. Now, which is better, set it to your expected price so that when it hit you sold? O wait for the price to go up and sell even if it did not reach yet to your target price? Thanks.
why would you sell on a price that is not your target price? i mean what's the purpose of holding if you don't patiently wait for your coin to pump up to the price that could satisfy you, and one thing of advice, don't store coins on exchange because that is vulnerable to attacks from hackers or else do short term trading.
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nobetci
Member
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Activity: 238
Merit: 10
ARIZN - Tokenised Crowdfunding Platform
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February 26, 2018, 12:15:02 AM |
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I am trading once in a while because I have coins in exchanges. Sometimes I buy and just wait the coin to go up in value before I sell, of course I know it is in dip. Now, which is better, set it to your expected price so that when it hit you sold? O wait for the price to go up and sell even if it did not reach yet to your target price? Thanks.
I think necessities manage that kind of decisions. If you see a good potential on a coin and decide to make some investment, you can quit your current investment if you will not have a big loss. In my opinion, except panic sells, you should feel free to make your investments.
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Rambukwelle
Jr. Member
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Activity: 313
Merit: 1
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February 26, 2018, 12:57:00 AM |
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If You need to be rich in Crypto You should be always a long term hodler . If You still need to Trade short term just go for it with about 10% of your portfolio. Mid term may be not a bad idea when there is a hardfork , airdrop or very big news.
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✦ ORET ✦ ❝ Gold Mining & Blockchain Technology ❞
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Briella18
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Activity: 308
Merit: 10
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February 26, 2018, 12:58:51 AM |
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I am a short-term trader, I am more comfortable trading with short term, because it is safer and profit faster although not too much
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runque
Member
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Activity: 140
Merit: 10
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February 26, 2018, 05:11:16 AM |
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Before I was a short-term investor, now I want to do long-term investment, as long as this is the real investor.
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daow403
Member
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Activity: 140
Merit: 10
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February 26, 2018, 05:28:53 AM |
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I want to be a long term investor, though that's hard
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romeo23
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February 26, 2018, 06:05:35 AM |
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I can say that i am a short term trader in terms of bitcoin and other cryptocurrencies..But of course,it totally depends on how well we do them.Because for me,short term trading is more profitable because i can buy on every dip and i can sell on every peak..I know that it is more difficult to be in a short term trading but surely the reward is huge since the the price of bitcoin and other coins is unpredictable and very unstable...
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btcmegastar
Member
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Activity: 700
Merit: 12
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February 26, 2018, 06:25:26 AM |
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Most important thing is to first know your goal but long term usually pays off very well even more than you expect... all you have to do is be patient and buy coins and tokens of great promising projects
This is the best thing we have to do because in short period of time it is not possible for us to increase our investment. Always we need to wait until we make some good profit on our investment, so always look for a long-term project which can give huge returns if you hold them for certain period of time.
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traderethereum
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February 26, 2018, 09:28:18 AM |
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I am trading once in a while because I have coins in exchanges. Sometimes I buy and just wait the coin to go up in value before I sell, of course I know it is in dip. Now, which is better, set it to your expected price so that when it hit you sold? O wait for the price to go up and sell even if it did not reach yet to your target price? Thanks.
sometimes I use target price to sell my coins if I think the coin will increase higher but in the other time, I only see what is happening in the market and if I think it is the best time to sell, then I sell for instant sell. but if I can wait for the price to go up, maybe I will wait to sell my coin until the price increases and I think I can place my sell order to make a profit.
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GideonGono
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February 26, 2018, 01:20:31 PM |
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I am trading once in a while because I have coins in exchanges. Sometimes I buy and just wait the coin to go up in value before I sell, of course I know it is in dip. Now, which is better, set it to your expected price so that when it hit you sold? O wait for the price to go up and sell even if it did not reach yet to your target price? Thanks.
For the altcoin yes I'm a short term but in the bitcoin I'm a long term , and it still depend on the price of the coin. Sometimes of excitement I sell without a doubt though and my target price cause I invest into bitcoin and ethereum so basically a high profit expected but we can't assure though so I rather sell although my target price did not reach. In long term you can say that you will have a good profit.
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smith136
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February 26, 2018, 01:33:01 PM |
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I am trading once in a while because I have coins in exchanges. Sometimes I buy and just wait the coin to go up in value before I sell, of course I know it is in dip. Now, which is better, set it to your expected price so that when it hit you sold? O wait for the price to go up and sell even if it did not reach yet to your target price? Thanks.
i tend to depend it on the coin i am holding, if the potential is good i don't set a considerably good price point for that but rather the time and how much pump it reached but if the coin is not too good and has a small potential to increase in the future of course i always set the standard for the price i am accepting.
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mprepkiah
Newbie
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February 26, 2018, 01:45:20 PM |
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I am both, I make long-term investments in bitcoin and ethereum, I also make short-term investments in certain altcoins and it's profitable
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SalmanMJ9
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February 26, 2018, 02:22:33 PM |
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When I started in the crypto world I started with short term trading, was quite stressful and I wasn't good at it. Took me a while to figure it out and I see myself doing better long term. I prefer to do my own research about different projects and invest in what I believe in, since then, I've been doing way better.
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Koadharber
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February 26, 2018, 03:39:38 PM |
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I am trading once in a while because I have coins in exchanges. Sometimes I buy and just wait the coin to go up in value before I sell, of course I know it is in dip. Now, which is better, set it to your expected price so that when it hit you sold? O wait for the price to go up and sell even if it did not reach yet to your target price? Thanks.
For the altcoin yes I'm a short term but in the bitcoin I'm a long term , and it still depend on the price of the coin. Sometimes of excitement I sell without a doubt though and my target price cause I invest into bitcoin and ethereum so basically a high profit expected but we can't assure though so I rather sell although my target price did not reach. In long term you can say that you will have a good profit. It cant really be avoided on those times on where we do sell out on early phase specially when we do already see that we are on gains which isnt really bad at all as long we do make profits then it should be fine even do we see the price soar up even more.Those kinds of scenarios are normal which either short term or long term trades would be entirely depending on situation and the coins you are holding on.
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kuah bakso
Newbie
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February 26, 2018, 04:41:23 PM |
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Both are equally profitable but each has a risk, long term can not be done in altcoin that is not potential because in fear the price will drop, while the short term can be done anywhere but it takes a lot of skill and patience, iam personally is short term
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