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Author Topic: Day trade Vs HODL  (Read 4240 times)
Sanjeewa101 (OP)
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June 19, 2018, 05:59:23 PM
 #1

What is your recommendation for Crypto trading,  Day trading or HODL
Experience in crypto trading big loser or winner
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Rana590
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June 19, 2018, 06:09:07 PM
 #2

It is different for different minded people. I prefer holding than day trading. Day trading has more risk than holding. Holding is more safe and profitable.
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June 19, 2018, 06:15:04 PM
 #3

Day trading is a fulltime job in my opinion- higher rewards but also much higher losses. I tried it but after some good positions I failed.
I hold my selected coins.
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June 19, 2018, 06:18:03 PM
Last edit: June 19, 2018, 06:47:11 PM by BitMaxz
 #4

You can lose a large amount of investment on day trading than holding. Based on what I experienced it gives me more profit on holding altcoins and bitcoin for a long time because if you gamble on day trading you need to invest more time and management. You must be expert in managing your coins except for traders who use trading bots because I think they can make a good profit with using trading bots because you let the bot to wait for the exact time when you need to sell the coins you are holding. If you can manage your time properly and you know which coins that can make your investment profitable, but you can't make the maximum profit of the coin.

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Dart18
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June 19, 2018, 06:18:24 PM
 #5

Both.
Boring to just HODL. You will have to wait months for ICO's to have a better value. Listing in exchanges takes time and some ICO dont want to pay much and use that money for that project instead. That is a good option. Let the voting do the job. It can pull more investor.
While waiting for that you can play with trading and somehow make more money and buy more of that ICO token that you are holding.
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June 19, 2018, 06:20:04 PM
 #6

I Recommend Day Trade yes it includes high chances of risk and profit but it really depends on every individual. If you really want to make money then you have to invest all your time with a good attention on it. Don't be like a slug and even if you pay all the attention in it, it is still not guaranteed to profit every time. But by holding your coin you let your investment sleep and fully depends on luck and analysis.
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June 19, 2018, 06:40:54 PM
 #7

Definitely day trade in this market. You can easily earn at least 2-3% per day on your investment by day trading, which might seem low, but when you compound it, the money can really multiply very quickly, particularly if you are starting with a good amount of capital. If you had asked me this question last year, I would have simply said by and hold BTC/ETH, but right now the growth of these coins isn't very certain, so it's best to just grab those intraday fluctuations when trading, and secure yourself some easy profits.
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June 19, 2018, 06:47:29 PM
 #8

Daily trading is more dangerous than hodl. you can lose big amounts easily in daily trading. it's riskier than hold. but if you have daily trading knowledge, you can make good profits.
but, If you don't have the knowledge about day trading, I suggest HODL.

R.R.L.
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June 19, 2018, 06:59:44 PM
 #9

I Recommend Day Trade yes it includes high chances of risk and profit but it really depends on every individual. If you really want to make money then you have to invest all your time with a good attention on it. Don't be like a slug and even if you pay all the attention in it, it is still not guaranteed to profit every time. But by holding your coin you let your investment sleep and fully depends on luck and analysis.
Day Trading is not advised by anyone , even profesional traders will tell you to stay away from it or to minimize it as much as you could . The best thing to do is to meet holding and day trading in the middle and do some Swing Trading . It won't let your money sleep and it's not as risky as daytrading If you do it the right way by learning how to not be greedy , using stop losses , risk manegment , analyzing charts .....
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June 19, 2018, 08:28:45 PM
 #10

What is your recommendation for Crypto trading,  Day trading or HODL
Experience in crypto trading big loser or winner
yeah It's very different. I prefer holding and investing. I release my mind from exchange.
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June 19, 2018, 08:35:12 PM
Merited by darkangel11 (1)
 #11

Day trading is pure suicide in my opinion unless you're only playing with pin money. Everyone's a trading hero when it goes up and up. Very, very few have what it takes to make money when prices are uncertain.

Holding of course has its risks too, but if you're slow and steady with how you accumulate you should come out on top assuming you've chosen a good project.

There's a lot of noise about day trading here. Not too many verifiable success stories. And even those who do succeed can throw it all away a short while later.
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June 19, 2018, 08:47:24 PM
 #12

It is different for different minded people. I prefer holding than day trading. Day trading has more risk than holding. Holding is more safe and profitable.
We can’t just send up one name here that this would be the best way of earning money from bitcoin or any other coin. Like you have said, there would be different opinions over different race of people. Some says day trading is suitable for them and for some holding is best option and nothing is even worth than this one. So yeah, go for one which you have most interested in.
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June 19, 2018, 09:04:09 PM
 #13

Day trading is pure suicide in my opinion unless you're only playing with pin money. Everyone's a trading hero when it goes up and up. Very, very few have what it takes to make money when prices are uncertain.

Holding of course has its risks too, but if you're slow and steady with how you accumulate you should come out on top assuming you've chosen a good project.

There's a lot of noise about day trading here. Not too many verifiable success stories. And even those who do succeed can throw it all away a short while later.
But i think that it is depending on your interest and your experience, day trading can be more profitable, but if you have good experience in day trading, without having good experience in trading can be consider as suicide but those who have interest in day trading, no doubt that they can make good money from it.

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June 19, 2018, 10:31:06 PM
 #14

What is your recommendation for Crypto trading,  Day trading or HODL
Experience in crypto trading big loser or winner
I believe that of course this time of day trading will be able to earn a lot safer and is the best choice at this time. The market is in the downtrend stage so bitcoin prices are dropping sharply and will likely continue to drop at any time, in my opinion the recovery of bitcoin price at the moment is only short-term and will be very difficult can continue to increase sharply.
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June 19, 2018, 10:33:55 PM
 #15

I'm going to recommend hodl because I barely have any experience when it comes to day trading and I don't have the time for it. From how I see day trading it's time consuming (finding the coins you want to trade) and stressful because you're going to check the prices every minute of every day plus you might get sleep deprived this is just my opinion.

Experience in crypto trading big loser or winner
Not sure what OP meant about this. Experience definitely helps and if you want to hear my experience it's 50-50 I had both wins and losses.

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June 19, 2018, 10:36:06 PM
 #16

Day trading is better but it comes along with a huge caution

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June 19, 2018, 11:14:46 PM
 #17

What is your recommendation for Crypto trading,  Day trading or HODL
Experience in crypto trading big loser or winner


you can choose both but depends on you what is your prepare some traders choosing both because they believe both are make profits earning long term hold are investment for the future, day trade to earn daily to get prorfits for their daily expenses.

loses are part of the traders they can't avoid this because need to accept loses are part of the experience as traders specially for the beginners so do not worry loses are guide how to earn profits as trader.

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June 20, 2018, 01:10:44 AM
 #18

What is your recommendation for Crypto trading,  Day trading or HODL
Experience in crypto trading big loser or winner


you can choose both but depends on you what is your prepare some traders choosing both because they believe both are make profits earning long term hold are investment for the future, day trade to earn daily to get prorfits for their daily expenses.

loses are part of the traders they can't avoid this because need to accept loses are part of the experience as traders specially for the beginners so do not worry loses are guide how to earn profits as trader.
Well i think day trading is risky you can fain a large amount on it but if you make mistakes you will also loss a huge amount of capital you will loss it in a verry short time, so then I suggest to hold and wait until such time that the market price is fully recovered before doing such profitable action.
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June 20, 2018, 01:50:35 AM
 #19

What is your recommendation for Crypto trading,  Day trading or HODL
Experience in crypto trading big loser or winner
whatever you are going to do either do daily trading or hold for long periods of time the most important thing to be noticed is in the selection of coins that have good potential. so some research on the coin you are going to trade or you invest it should you do so you can benefit.

 
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June 20, 2018, 10:53:05 AM
 #20

I think you can get your own answer.
like this we know if Day Trade we should always monitor the market {any time if necessary} and we return to ourselves whether we have a lot of time at home? to always monitor the market?


if we do not have that time I guess you know what you should do that is "HODL"
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