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Author Topic: Day trade Vs HODL  (Read 4242 times)
Cript-on.it
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June 21, 2018, 10:46:03 AM
 #61

I used to do both, day trading and hodl. However my last strategy (an hybrid of these two tactics) brought me the best results. I usually trade only on bloody days and pump days, 10% or more volatility on market cap.
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June 21, 2018, 12:27:49 PM
 #62

What is your recommendation for Crypto trading,  Day trading or HODL
Experience in crypto trading big loser or winner
If you actually want to play safe in bitcoin trading I think buying at the bottom and hold for long term is better.  I think bitcoin has returned good profits for investors who are long term  than the day trading.  In forex I do make profits in day trading more than in any other form of trading but in cryptocurrencies, holding is far better than day trading. I think we should have trying to invest in other coins also and hold as the future of cryptocurrencies is very bright.
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June 21, 2018, 12:37:28 PM
 #63

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


I find day trading risky because in just one wrong move or wrong decision, we might have losses. I think hodl would provide us a better profit though it might really take time. It is still important that we'll have enough knowledge and skills in doing both.
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June 21, 2018, 12:43:40 PM
 #64

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

It depends on your skills mate, if you have the ability of a good trader you can do day trading. But if not, then long-term holding is the best for you. Because long-term investment has a lesser risk than in day trading, where you don't have to spend a lot of time on monitoring of its market value.

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June 21, 2018, 01:18:22 PM
 #65

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


I find day trading risky because in just one wrong move or wrong decision, we might have losses. I think hodl would provide us a better profit though it might really take time. It is still important that we'll have enough knowledge and skills in doing both.
Well if you can afford to lose more for the sake of getting experience for day trading, then that'd be good. A lot of people have made a lot of money from day trading. But personally and i think for a lot of us, hodling is more applicable since not everyone has the time, money and skill to master day trading

 
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June 21, 2018, 01:49:44 PM
 #66

Day trading is for the people who devoted their time and everything to focus on cryptocurrency trading. On the other hand, HODL is for people who can just buy a certain coin and ignore it for a while and then go and play FIFA for 23 hours. Day trading is not easy at all, you need to master the market, the price, and many coins. That is why most people opt for holding their coins for an easy big profit. My advice is to make your own research and see what you can deal with; either Day Trading or Long term Trading. 
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June 21, 2018, 02:35:52 PM
 #67

when you are involved in hodling or trading is the key of success in the crypto, I could not make money because it was the wrong time in 2015 for me, nowadays hodling or trading most ones only lose  Smiley

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June 21, 2018, 05:13:58 PM
 #68

Day trading, in this bearish market it is the most efficient way to earn, and regularly too. Although it comes with it's fair share of risks, but so does HODLing, especially altcoins.
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June 21, 2018, 05:33:56 PM
 #69

The best strategy for newcomers is to try buy low any cryptocurrency from top-50 and hold it to sell in high. If you want to trade into a day you will have to learn about technical and fundamental analysis. Because successful day trade is very difficult.
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June 21, 2018, 05:53:35 PM
 #70

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

To get profit in short term,you can choose day trading.The full time traders will choose to be day traders.Because day traders will check the price periodically.So they can easily buy bitcoin at low price.If the price of bitcoin is  reduced and you don't have a money to purchase more.Atleast hold the bitcoin for your old ages.
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June 21, 2018, 06:35:23 PM
 #71

Day trading is all about researching imo, if you are playing with quite a lump sum of money it def pays to pay attention. One of the biggest mistakes I'v done is being greedy and not taking profits, hanging on to the currency expecting it to go higher. it sucks when you cash out to soon, but at least you leave with some profit.
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June 21, 2018, 06:51:16 PM
 #72

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

Day trading and holding has different different advantage and disadvantages, if you are earning cryptocurrency for your daily needs then  daily trading is very profitable but if you are having a day job on the corporate world then i prefer that you focus on one coin that will be really good for long term investment.
Asides advantages and disadvantages, they both have totally different risk levels which balls down also to their profit levels.

With knowledge you can actually be making good calls in day trading and profit from it but with a very huge risk due to the market volatility which on the other hand for holding, you are just stuck in a position without stress and waiting for the long term gains and the only risk here is that the market ends up dysfunctional but you would have at least studied the market you are getting into before doing so to realize the prospect.
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June 21, 2018, 07:01:13 PM
 #73

To trade now there is no big benefit, if it is boring and you want to risk you can try to buy a manet that fell heavily, in anticipation of a lift.
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June 21, 2018, 07:02:25 PM
 #74

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

I have been trading bitcoin and other cryptocurrencies from past few years and i have mostly been a winner till now. I have practiced both day trading and holding method but i feel holding the cryptocurrency for a longer term target is better than day trading. Day trading is more harder, more stressful, and it involves more trades which lead us to emotional trader and i don't like to trade too much. Investing is best as it is highly practical and it has higher accuracy of prediction than day trading.

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June 21, 2018, 07:13:17 PM
 #75

What is your recommendation for Crypto trading,  Day trading or HODL
Experience in crypto trading big loser or winner
It all depends on you and what you are trading, because some coins can be day traded because they have a volatile price so their price could go up and down significantly in a day which can lead to making profit from them, others are just better to hold to get the maximum profit from them on the long term, and also holding is probably much safer than day trading because as soon as you sell the price can keep on climbing and you would have missed you chance for more profit.
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June 21, 2018, 07:18:07 PM
 #76

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

Hey dude better dont do day trading at this current situation. Because market price is not that much good. If you doesn't have any proper experience  Day trading is really risky. Patience is the best and mandatory thing for trader. Better hold your valuable coin. Dont sell it.
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June 21, 2018, 07:58:29 PM
 #77

Recently lose a lot of money in day trading but I dont say it is not profitable.
It is how you can be with the wave.
Yes I lose it, but now I have the experience and would not apply the same mistake at my next trade. It is a lot of money but maybe it will be worth it if I profit next time.

Hodl the big names and trade the cheap ones.  Grin
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June 21, 2018, 08:04:45 PM
 #78

If you are new to this trading thing than i suggest to just hold your coins and do that long term investment thing it won't pay much but it's way less riskier than day trading
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June 21, 2018, 08:27:15 PM
 #79

Day trading is cool if you know what you're doing cause it can get you rekt at any mistake, and requires constant attention. Basically the best thing do is day trade a few coins and then hold the the potential coins which have solid projects behind them.
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June 21, 2018, 08:31:54 PM
 #80

I dislike a day trading because this type of trading requires plenty of time and a mandatory attention. Another important part of a day trading requires to make immediate decisions which it need to make very fast reflecting on a changable situation on market.
If you are a risky trader and you want to get much action and emotions than a day trading is for you.
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