Is HODLing a form of Day Trading?

[majest3]

Everyone is always telling you to just HODL through the ups and downs and Don't day trade.

But isn't HODLing a form of trading it it's own right? When you HODL you are always betting that it will  go up eventually, no matter how much it has fallen.
Wouldn't it be better to set profit and loss targets and if it is reached, sell? The one thing that is consistent in derivative markets is that they go up and down, never just in one direction.

So you may miss out on some possible gains, but is that a bad thing if you have locked in profits. It is not as though you can't get back on the bus.

It has occurred to me if l HODL, l could be no different to gambling. Imagine going to the casino and betting on Black continuously,  it doesn't matter if l win or loose as l have never set an exit target, so l keep betting until there is nothing left.

If the market is rising then HODLing is great, but is it so good when your coins just fell 50%...I don't think so!

[InahC]

Everyone is always telling you to just HODL through the ups and downs and Don't day trade.

But isn't HODLing a form of trading it it's own right? When you HODL you are always betting that it will  go up eventually, no matter how much it has fallen.
Wouldn't it be better to set profit and loss targets and if it is reached, sell? The one thing that is consistent in derivative markets is that they go up and down, never just in one direction.

So you may miss out on some possible gains, but is that a bad thing if you have locked in profits. It is not as though you can't get back on the bus.

It has occurred to me if l HODL, l could be no different to gambling. Imagine going to the casino and betting on Black continuously,  it doesn't matter if l win or loose as l have never set an exit target, so l keep betting until there is nothing left.

If the market is rising then HODLing is great, but is it so good when your coins just fell 50%...I don't think so!

Well, To be honest, It's really different, Day trading is when you trade in different coin every minutes. While Holding is when you hold your coin for years, because you have faith in their technology or project.
Holding is when you don't really look at your coin. Like those people who got rich in bitcoin, Some of the people that got rich in bitcoin forget that they have bitcoin for a year then claim their money. That the true essence of holding. It's like time deposit with a risk.

[davenjulio]

Everyone is always telling you to just HODL through the ups and downs and Don't day trade.

But isn't HODLing a form of trading it it's own right? When you HODL you are always betting that it will  go up eventually, no matter how much it has fallen.
Wouldn't it be better to set profit and loss targets and if it is reached, sell? The one thing that is consistent in derivative markets is that they go up and down, never just in one direction.

So you may miss out on some possible gains, but is that a bad thing if you have locked in profits. It is not as though you can't get back on the bus.

It has occurred to me if l HODL, l could be no different to gambling. Imagine going to the casino and betting on Black continuously,  it doesn't matter if l win or loose as l have never set an exit target, so l keep betting until there is nothing left.

If the market is rising then HODLing is great, but is it so good when your coins just fell 50%...I don't think so!

 Hodling is not a way of trading, as trading means "exchanging" if you are not involve in any buy and sell we can't call that a form of trading.
In terms of doing day trading it is always a good decision to have a target based on market situation.
In hodling, yes you are right sometimes you will miss a short gains but you can have also the possibility of having a big gains as per almost the coins value last year. Because as per my experience once you made a series of successful small gains by day trading there will be a time that even a good hodl will force you to sell or do a day trade because your mind is set to have small gains and you will going to miss out and feel the FOMO.
So basically day trade and hodling  will always depend on market situation, the developments behind the coin/token and the investors sentiments.

[dado7]

But isn't HODLing a form of trading it it's own right? When you HODL you are always betting that it will  go up eventually, no matter how much it has fallen.

We have a philosopher here
Kidding aside, I do kind of agree with the rest, but the problem is that if you want a nice steady income without taking any risks you should just hold, security of crypto trading is really rubbish and timing the market in a right way is almost impossible for someone who doesn't want to spend many hours a day online......

[BitcoinHodler]

Everyone is always telling you to just HODL through the ups and downs and Don't day trade.

maybe you forgot to read what they are telling you to the end! or maybe they are idiots who are telling you just to HODL.

the correct way is to hold if you are not a trader or if you are not comfortable with trusting all these shady exchanges out there! but both strategies are viable as long as you know what you are doing not just blindly HODLing or blindly selling while prices are falling or dump just because you heard some FUD!

But isn't HODLing a form of trading it it's own right?

no.

Wouldn't it be better to set profit and loss targets and if it is reached, sell?

no. if you like doing that then do it. that is your strategy but you can't say it is better than other strategies or worse than others. it just is A strategy.

It has occurred to me if l HODL, l could be no different to gambling.

as the bold part above.... if you don't know what you are doing then yeah you are gambling.

If the market is rising then HODLing is great, but is it so good when your coins just fell 50%...I don't think so!

the start day trading and at the same time accept the risk that some day the exchange you are using to day trade can decide it is time to scam its users and takes all your money. in which case your coins fall to 0% because you lose all of them

[cosmoo]

Holding it's just a calm kind of trading and with minimum risks. Yeah, you can earn more from daily trading, but also you can lose more.

[CryptoJedi1]

Holding is the long run game. Day Trading is trading in various coin trending in the market for small profits on a daily basis. Better to use a bot.

[AndrewBrown]

Holding is a long term trade while day trading is a short term trade. It is not the same thing thing. You hold because you know the price will go back up and you will make even more profit from it.

[Pursuer]

your question is exactly the same as asking "Does the Pope shit in the woods?" question!

you don't understand what trading is and you don't even understand the potential of bitcoin. and at the same time you want to make a lot of profit out of bitcoin. so your plans are either to day trade and become a millionaire or buy bitcoin HOLD a couple of months and become a millionaire. none of which are ever going to come true.

people who are HODLing know the real potential of bitcoin. they understand that bitcoin is a decentralized and censorship resistance currency with a very limited supply. and right now it is cheap, like finding gold in the river at this point. and they know that with time the price of bitcoin will be a lot more than these so they don't care about the short term fluctuations and instead of worrying about them they instead add to their bitcoin wealth.

[fiulpro]

Holding is ... Something that's ... Passive ..where as trading is ... Something that's... Active.

You cannot say you are trading while you are holding because in a sense you are not doing anything .. you are just waiting ..

In trading you look for everything then make a move..it's just..like ur comparing... Stationary water with moving water ..yes they are same but... Still have different properties and that makes them entirely different.

[Lampaster]

In such a situation as now really holding is the most effective strategy. For the first time I see a situation when the volatility of the main currencies is almost zero. Why trade in such conditions? This is probably the beginning of a large price increase. There will be no more cheap coins on the market. The panic subsided. The whales stopped selling.

[andrew1carlssin]

Everyone is always telling you to just HODL through the ups and downs and Don't day trade.

But isn't HODLing a form of trading it it's own right? When you HODL you are always betting that it will  go up eventually, no matter how much it has fallen.
Wouldn't it be better to set profit and loss targets and if it is reached, sell? The one thing that is consistent in derivative markets is that they go up and down, never just in one direction.

So you may miss out on some possible gains, but is that a bad thing if you have locked in profits. It is not as though you can't get back on the bus.

It has occurred to me if l HODL, l could be no different to gambling. Imagine going to the casino and betting on Black continuously,  it doesn't matter if l win or loose as l have never set an exit target, so l keep betting until there is nothing left.

If the market is rising then HODLing is great, but is it so good when your coins just fell 50%...I don't think so!

Well, To be honest, It's really different, Day trading is when you trade in different coin every minutes. While Holding is when you hold your coin for years, because you have faith in their technology or project.
Holding is when you don't really look at your coin. Like those people who got rich in bitcoin, Some of the people that got rich in bitcoin forget that they have bitcoin for a year then claim their money. That the true essence of holding. It's like time deposit with a risk.

It is all about what kind of time-frame you are looking at ...

While you place your position in the market, you can go for long-term position or short-term position.
Generally speaking..

On short-term position you liquidate your asset and cash out.
On long-term position you keep your asset.

The financial jargon "day-trader" meaning is that the trader change position in a period of 24 hours ...

[Marileno]

The definition of day trading is entering and exiting multiple times during the day. If you hold for more than a day, then by definition you are not day trading. The 2 are ENTIRELY different because they deal with different time frames. Day traders focus on technical indicators that move price over very short time frames, whereas when you hold, you dont care about technical and only focus on fundamentals.

[Xanxus024]

It has a big difference when you say trading probably you are trading different coins everyday and the in daily trading the goal must to get profit everyday while holding for example holding bitcoin is for long term plan because do you believe that bitcoin can be profitable for holding it for 1 to 2 years or you have faith that bitcoin can give a better future. 

[clonely]

I always choose HODL! Daytrade seems to almost everyone easily. But it is not easy. Sometimes one token will go down and down all the time. And wait in the dippest place long time. This will effect terribly who make a daytrade thing. And when you sick of wait and sell your coin with damage, then it may rise and this really make you sick. Daytrade may be has good opportunity but it is not always, but sometimes. You have to be calm and good health if you choose day trade thing.

[tomahawk9]

It has occurred to me if l HODL, l could be no different to gambling.

There's no such thing as 'gambling' when you know exactly why you're holding your coins. If you did a proper research on the coin you're holding, then HODL can become an easy strategy where you can expect benefits in the long-term without taking big risks, that's very different from gambling where you don't what the outcome could be.

If the market is rising then HODLing is great, but is it so good when your coins just fell 50%...I don't think so!

price movements shouldn't matter if you're HODLing as you're looking at the long-term profits, not the small gains in the short-term.

[BelieveInBTC]

Holding is holding, I wouldn't call it trading at all because you basically don't do anything beside waiting patiently for Bitcoin price to increase a few times. I think that training required a bit knowledge about cryptocurrencies, market and exchanges. Newbies are very likely to by affected by FUD which could easily take control over them.

[franky1]

your question is exactly the same as asking "Does the Pope shit in the woods?" question!

nah
its more like if the pope has constipation(holding it in and wont release it) does he shit in the woods