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Author Topic: Daily trading or Holding Cryptocurrency for long time  (Read 1597 times)
ss890
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July 11, 2018, 03:11:39 PM
 #21

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

Choice is always based on the time and surrounding conditions. I guess this is well known fact that whenever you are investing into the coin which is not much volatile or not having lot of movement in the market then it wont be much good for the day trading but can be good choice for the long term holding and have some profits whenever it gets hikes. This is the way you should be working around it and choosing the right path. I guess most of the time people will suggest you to hold only because thats they safest option anyone can have.
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July 11, 2018, 04:33:34 PM
 #22

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
If you have a big starting funds, I would start with day trading, you will appreciate day trading with big capital. You will feel the profits even if its just a 3% percent gain. If you get lucky and the coin that you bought was pumped by a group, its like wining a lottery. I remember a time when I bought ZEC, I didn't expect to gain 40% in a day but it did, no positive news or what so ever, all of a sudden the price gained 40%. After that experience, I continue doing day trading until I faced a wall when I bought SYS, the price is just moving sideways, then I realized SYS is not good for day trading but for long term.
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July 11, 2018, 04:47:19 PM
 #23

With the old and established cryptos, holding is fine and in some cases can be better than trading. I mean why trading a crypto to earn 2-3% and taking the risks into consideration, while you can just hold your coins and wai, t get the same result without doing anything.
But with the new crypto popping out (or even the not strong ones), you can fail in the trap of a pump and dump scheme resulting in losing funds. There are many good cryptos like Bitcoin that are undervalued
(Zencash is a perfect example)

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July 11, 2018, 05:16:19 PM
 #24

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
The current market is both are good in trading platform because day trading is little risk but we will earn good profit. If we invest in long term definitely it will raise gradually so beginners are right to participate in long-term and experts are more comfortable in day trading.

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July 11, 2018, 05:52:57 PM
 #25

That has been asked a lot of time the answer is obvious holding. Trading is not as profitable as holding but holding is also very risky like trading.

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July 11, 2018, 06:16:11 PM
 #26

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
Day trading is not effective as holding the crypto in long term,so if anyone who don't need money in the short term will go for holding.And trading is totally different from holding if you want a job then trading is for you or you just need the passive income from your money the holding is for you.

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July 11, 2018, 06:22:53 PM
 #27

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

It's depend on your own preferences so do your assignment and spent time on as even we suggest you do this or that still it will be managed by your own hands. On the way, all things will be handed by your own strategy.

There are some people who preferred to do day trades, same with holding no matter what market situation is. In here you can see that both are being done and not just stick to the idea of just doing one. Now to see for yourself what you really preferred then risks some money and test it on actual trades. Make that as your testing stage and see what will be the output. You can't really avoid spending extra bucks just to check if your strategy is good or not.

Hope that you will learned on the process.

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July 11, 2018, 06:30:23 PM
 #28

If you have a full  grasp  of both technical and fundamental analysis and have the discipline to control your emotions. Then you should choose trading. You are better off with it
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July 11, 2018, 06:36:38 PM
 #29

According to current situation daily trading is not good, but we have to take some risk. Holding cryptocurrency for long time will give more benefits. Always holding with patience will give more profit than any other. The current market is totally in downtrend, now only its starts to increase slightly so in future it will increase and will give more profits.
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July 11, 2018, 07:43:38 PM
 #30

I personally would just make a massive purchase and hold it longer and while waiting for the bull market to come back, because it's not too much of a risk to me personally with this market, but back again the desire that you believe to continue to make a profit like this, I just advise not to take risks, the market is unpredictable because maybe it will fall deeper.

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July 12, 2018, 01:19:30 PM
 #31

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 think it is better to hold for one or two days because I see many coins give time to increase later so it will good if after we buy at the low price, we can wait for a while until the price increase. usually, the price increase in the other day and after the price is a dump, it will bounce to the higher price. I try this in a few days ago in dgb and yes, I make a nice profit for this. I will try again with another coin and see if I can make a profit too.

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July 12, 2018, 03:36:51 PM
 #32

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
Day trading is not effective as holding the crypto in long term,so if anyone who don't need money in the short term will go for holding.And trading is totally different from holding if you want a job then trading is for you or you just need the passive income from your money the holding is for you.

True, day trading can be tricky and may not get us that much profits as we want. People do take 2-5% profits on daily basis but sometime a time might come where you may loose over 10% and thus loosing the previous trade and the current one too. May be thats not the best thing to in the crypto when it is being so much volatile in the first place. I personally choose to hold all my tokens and dont trade until the time is right. For me the right time is only when im getting more than 10-20% profits and I am willing to wait for them and thus hold it.

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July 12, 2018, 04:00:22 PM
 #33

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

Obviously, day trading is more profitable because you can always earn profit daily or monthly depending on how long you trade while holding for a long time is not assured if you will earn profit because the market is volatile.
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July 12, 2018, 04:13:03 PM
 #34

Based on their thoughts. But there is panic in the daily trading and the holdings do not panic. Holding it in my opinion can be beneficial more. Although the price is low, it will rise again after a few days, that is the rule of the coins.

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July 12, 2018, 04:49:40 PM
 #35

I prefer holding of crypto currency over day trading because whenever I try to do day trade it ends up with the same result, LOOSE. I have tried several times using market theories but all the times outcome was same. So finally I decided to end up with holding my best coins until next crypto summer comes. Hope it will be here soon.  Grin
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July 12, 2018, 05:07:17 PM
 #36

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

daytrade needs a lot of capital, a lot of time and a lot of knowledge and a very practical strategy that will bring good results, if you do not have the patience and you do not have knowledge, then you can lose money. while Hold is necessary patience, just invest money that you will not need so soon

I prefer holding of crypto currency over day trading because whenever I try to do day trade it ends up with the same result, LOOSE.

This already happened to me.


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July 12, 2018, 05:30:06 PM
 #37

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
It depends on which coin you are trading.As if the coin you are trading is new and is popping up it's price every day than it's good to do day Trading.But if the coins is old and stable than you should hold it for a long time.Some time  for some coins even though they are new but you know they'll grow than you can hold that coin.But right now the market situation is critical so it's good to do day trading and settle with small profit.
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July 12, 2018, 07:15:24 PM
 #38

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
Obviously with the market going red it is just better to just hold, because even if prices go up in a day they won't go up that much so you won't be able to get as much profit as you would get by just holding it for a while and wait ing for the market to move a little, trading for the past few months has been really hard but surely we will see some improvement and some progress and hopefully we will be able to trade in any way we won't whether it is day trading or holding.
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July 12, 2018, 07:45:15 PM
 #39

trading is most valuable thing in cryptocurency world. long term trading other wise holding long time is done by most crypto experts and investors. it is done after many of studies about the market. daily trading is high risk and low profitable.

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July 12, 2018, 08:35:38 PM
 #40

It is totally your choice that whether you want to go for trading or long term holding.Holding is bit simple.You just have to buy and hold until you find a better price to sell but trading is bit difficult.It requires some skills and experience because it involves keeping an eye on the ups and downs of the price regularly and buying and selling according to that.If we consider the present circumstances then trading will be better because regular drops are being noticed in the price and holding is giving us nothing.By trading we will be able to earn quick profits and will be able to cut our losses.But only choose trading if you think that you have enough skills and experience for it.Otherwise keep on holding.Soon the price will rise and you will make profits.
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