Bitcoin Forum
June 21, 2024, 09:00:38 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 [9] 10 11 12 13 14 »  All
  Print  
Author Topic: Daily trading or Holding Cryptocurrency for long time  (Read 1600 times)
hitchcoin
Full Member
***
Offline Offline

Activity: 326
Merit: 100



View Profile
July 30, 2018, 05:01:31 PM
 #161

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
When the market is not stable the better idea would be to trade daily or at least weekly in order not to lose the potential money that you can earn, because holding will leave you to constantly losing while the prices are low.
kopijos
Member
**
Offline Offline

Activity: 523
Merit: 11


View Profile
July 30, 2018, 05:43:10 PM
 #162

holding time cryptocurrency can be done for beginner coin owners, this is because nowadays to do daily trading still has not given clarity of profit. so I think today's daily trading is only suitable for professional traders because the market condition is not stable yet

|   Facebook   |     Twitter     |                    R A N G E R S                    |    Discord    |    Medium    |
|    Telegram    |                    ─────     PROTOCOL     ─────                    |    Gitbook    |
jorgelugra
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
July 30, 2018, 05:46:36 PM
 #163

I think that trading is really good but the long-term holding strategy is worth as well, that's why you need to choose the winning one for you personally as different ways to earn good money are possible
LongStockings
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
July 30, 2018, 05:47:09 PM
 #164

Both are risking to a degree.. But Holding long term has more profit unless you are day trading full time and making profit everyday which is very hard to do.
ellehcar
Member
**
Offline Offline

Activity: 420
Merit: 10


View Profile WWW
July 30, 2018, 05:56:00 PM
 #165

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

With this kind of market now that is so bearish, I suggest you hold. I also love instant profit, but at the present-day situation of the cryptoworld, you can’t afford to resort to automatic decisions, which might push you to fall prey to the whales. With day-trading, you need to trust your intuition, but it’s not applicable now, because the market is unstable and unpredictable, and you do not have the luxury of time learning about it, while relying on your experiences won’t do you good also. So I believe that holding will bring more profit when the market goes bullish again.     
htconem7
Member
**
Offline Offline

Activity: 294
Merit: 10


View Profile
July 30, 2018, 10:17:20 PM
 #166

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
I believe that at this time you should only trade the day, we should not holding it will be very dangerous and risky will be very high. You can see that the market is in a bear market in the long run, so it is very difficult to trade successfully. Bitcoin prices have been continuously corrected at $ 8200 during the past few weeks and the price altcoin is showing signs of recovery slightly. But the market is still bearish in the long run, so you should trade the day to minimize risk.
kenel
Sr. Member
****
Offline Offline

Activity: 578
Merit: 250



View Profile
July 31, 2018, 10:37:22 AM
 #167

I like to take risks even when the market is falling. but I do it only on strong coins. I don't mind making an investment in coins that nobody knows about, but only at a time of General growth
tatum506
Member
**
Offline Offline

Activity: 311
Merit: 10


View Profile
July 31, 2018, 04:28:06 PM
 #168

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

Buy and hold only works for bitcoin and a few other coins (Ethereum, Litecoin).

With all others, when it pumps you need to sell, because it will crash back to earth.
I believe that at this point you should not hold that just to day out, you can see that bitcoin prices are constantly fluctuating and adjusting very strongly in the past few days, the market is bearish in the long run. term, so I believe that if you keep the coin you will surely be at a loss.

Bitcoin prices have fallen sharply and are currently adjusted at $ 7700, so I believe that at the moment you should stay out of the market so that you can minimize the risk and not be hurt.
Farma
Legendary
*
Offline Offline

Activity: 2576
Merit: 1001


Leading Crypto Sports Betting & Casino Platform


View Profile
July 31, 2018, 05:54:58 PM
 #169

I like to take risks even when the market is falling. but I do it only on strong coins. I don't mind making an investment in coins that nobody knows about, but only at a time of General growth
as it is today, I am also willing to take risks when altcoin prices go down. I prefer to hold in the long run, because it can make a big profit. but not a few who take advantage of this moment for trading every day.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Omega Weapon
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 501


View Profile
July 31, 2018, 08:10:33 PM
 #170

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
I firmly believe that at the moment you should not invest long-term in bitcoin or any other coin, you can see that from the moment of touching the $ 19800 mark, bitcoin prices are constantly decreasing and have dragged both Crypto market fell sharply. So, if you invest in the long run you will face a very high risk, I believe that you should only trade the day to be able to profit the most safely.
Day trading is anything but safe, and holding is by far the safest strategy, it is true the crash at the beginning of the year made a lot of people to lose money but that was not the fault of bitcoin, people invested at the worst possible time when they had the opportunity to buy bitcoin for a very cheap price for years and people decided not to take it by following the same through pattern that you are following.
liseff3
Sr. Member
****
Offline Offline

Activity: 532
Merit: 255



View Profile
July 31, 2018, 09:53:10 PM
 #171

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
I firmly believe that at the moment you should not invest long-term in bitcoin or any other coin, you can see that from the moment of touching the $ 19800 mark, bitcoin prices are constantly decreasing and have dragged both Crypto market fell sharply. So, if you invest in the long run you will face a very high risk, I believe that you should only trade the day to be able to profit the most safely.
Day trading is anything but safe, and holding is by far the safest strategy, it is true the crash at the beginning of the year made a lot of people to lose money but that was not the fault of bitcoin, people invested at the worst possible time when they had the opportunity to buy bitcoin for a very cheap price for years and people decided not to take it by following the same through pattern that you are following.

I think Holding is the safest way rather than Daily trading, because Daily trading requires a high level of patience to run it and Daily trading is more complicated than Holding.
Daily trading in fact can be done in any condition although the market's in declining condition, increasing and stagnant, anyway Daily trading can still be done well, however more ideal day trading's done when market prices are rising.
collins3
Member
**
Offline Offline

Activity: 238
Merit: 10


View Profile
July 31, 2018, 09:56:27 PM
 #172

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
I believe that day trading is the best option at the moment, you can see that after two days at $ 8200 level, the current bitcoin price has dropped sharply to the $ 7800 mark, the price of altcoin are also falling very deep and set a new bottom. So if you hold at this moment will damage very heavily. The market is still bearish in the long run so I think the bitcoin price will continue to fall until 2018.
Soots
Sr. Member
****
Offline Offline

Activity: 1050
Merit: 251


View Profile
July 31, 2018, 10:26:16 PM
 #173

I like to take risks even when the market is falling. but I do it only on strong coins. I don't mind making an investment in coins that nobody knows about, but only at a time of General growth
as it is today, I am also willing to take risks when altcoin prices go down. I prefer to hold in the long run, because it can make a big profit. but not a few who take advantage of this moment for trading every day.
Risking is better than we're going to dump all the way, because longer time holding can give us great potential profit. Most of trader's experiences, it was really proven effective strategies. Day trading wasn't a good example of successful trading, because it pulls down the price value of your coins. In order to become successful trader you should learn how to observe the market, particular on times that btc will going to rise so it affects the market value of every altcoins.
rose8963
Member
**
Offline Offline

Activity: 336
Merit: 10


View Profile
July 31, 2018, 10:51:10 PM
 #174

I like to take risks even when the market is falling. but I do it only on strong coins. I don't mind making an investment in coins that nobody knows about, but only at a time of General growth
as it is today, I am also willing to take risks when altcoin prices go down. I prefer to hold in the long run, because it can make a big profit. but not a few who take advantage of this moment for trading every day.
Risking is better than we're going to dump all the way, because longer time holding can give us great potential profit. Most of trader's experiences, it was really proven effective strategies. Day trading wasn't a good example of successful trading, because it pulls down the price value of your coins. In order to become successful trader you should learn how to observe the market, particular on times that btc will going to rise so it affects the market value of every altcoins.
Yes, I believe that at the present time you should only trade the day in order to minimize the risk, you may find that the bitcoin price has fallen sharply and consequently the altcoin price goes down further, So if you invest long term or hold will be very heavy losses and losses. The market is continuing its down cycle and we should stay out of sight.
imsotiredofmoviereboots
Full Member
***
Offline Offline

Activity: 476
Merit: 100


View Profile
August 01, 2018, 06:13:49 AM
 #175

Don't be a victim of 'HODL' which the term for long time holding. It works but most of the time it don't. You need to accept that there needs to a point that you need to sell it when it's soaring above the sky. Just trust me, sell at every point but not like daily trading because it take months to happen.
jestbenen8
Jr. Member
*
Offline Offline

Activity: 82
Merit: 2


View Profile
August 01, 2018, 07:54:47 AM
 #176

It depend on you,if you have a little fear to lose your capital in trading,you can choose the long time holding. But,if you want to have an short term earning profits,and willing to lose your capital,you can choose the daily trading. For me,i prefer to do a daily trading which it is one of good ideas when doing bitcoin activities.
Day trading is far better than just holding, because if you hold your coins for long time you will get profit after a long time but I you trade on daily basis you can make money daily or weekly because of the volatility in the price. The price is not stable and also not increasing consistently, changes occur on daily basis and that is the point for good traders.

I choose to trade daily,
because I am afraid to save in a long time, the price can change at any time, without notice, this danger
But if you want keep save, i hope you will get Best Price.
Many people bought bitcoin for $18000. They have lost thousands of dollars. Now they will have to wait for long time till the price reach to the above level again and they recover their deficits. Day trading may not good for them because they can lose the rest of their money. It is good to hold coins for some time. New investors have good chance to make money from trading.
Only those people who sold their bitcoin in low prices they lost a lot of money, but I think that those people who are holding bitcoin and still not sold I think that very soon they will recover their lost, because we are hopeful that very soon bitcoin price will recover. I think that should not sell our bitcoin right now and should try to hold it for some more time.
denisaardelean
Member
**
Offline Offline

Activity: 322
Merit: 10


View Profile
August 01, 2018, 10:13:00 AM
 #177

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
At this point you should only invest in short-term bitcoin, you can see that the market is constantly adjusting and is showing signs of going down sharply in the next time, so if you hold long You will lose money, the market is bearish in the long term so I believe you should only trade the day to be able to minimize the risk.
swscowods
Full Member
***
Offline Offline

Activity: 419
Merit: 100



View Profile
August 01, 2018, 10:39:09 AM
 #178

I think to keep in mind the current market situation, daily transactions are a good option. As market volatility increases and decreases daily, it opens up opportunities for all traders to trade for a profit every day. I personally will only make daily purchases because there is still a good opportunity time.
Trading can help you in making lot of money but at the same time, it is quite riskier job to do as you can lose a lot of your money in no time because of one wrong move. I will suggest you not to go for trading unless you are pretty much confident that you will be able to make some very good profit. It will be more profitable for you if you go for holding of some good coin for longer time.
There are traders who are doing it on daily basis and that they are still managing to make a high amount of profit and that is only because of the reason that they are having this much of the experience that they exactly know what to do at what time. However, not everyone of us is this much experienced and that it is better for you to go for holding if you think you can’t handle the trading.
Obama07
Member
**
Offline Offline

Activity: 228
Merit: 10


View Profile
August 01, 2018, 03:56:39 PM
 #179

This is your own choice. If you are a professional trader or at least a good trader then you can do both. But I like to hold because at the moment bitcoins remain so much down and can be a move for up at any moment. If you are not a good trader then no option need for choice. Just hold your coins. You must know how much can you earn from each 1% movement of the market.
btcblockchain
Newbie
*
Offline Offline

Activity: 252
Merit: 0


View Profile
August 01, 2018, 05:21:10 PM
 #180

both are required day trading and hold in cryptocurrency and it all depends on market conditions in bull market we can do daily trading and in bear market we should hodl
Pages: « 1 2 3 4 5 6 7 8 [9] 10 11 12 13 14 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!