Daily trading or Holding Cryptocurrency for long time

[mklost]

Daily trading is the best among all of the sector. Could you please tell me how much you earn from holding coins in these six months? Then ask a daily trader, he will answer you with a good amount of money. Everyone hold daily traders are too. But, Daily trading is better than Long Hold. Though trade has the risk but Hold has no risk if you hold the good coins. That's why trading is not for everyone and HODL for everyone.

[dunfida]

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

No matter how the entire market would dump day trading would always give out the chance for us to profit if we are a certain type of trader. We arent dependent for long term therefore volatility would be our bestfriend and our best enemy on this case and on this situation you should know how to utilize those movement for you to earn but basically this kind of trading wont really be that easy where certain skilled traders do able to survive or sustain this kind of trading types and most of the time traders do prefer up holding because of risk factor or level.

[katak mercat]

holding back is a boring thing, better doing trading to return our previous loss, if you really want to hold then hold the bitcoin and ethereum so then you will not lose, don't ever hold other altcoin for a long time.

[Jaci]

People always want to earn quick money so some newbie start day trading but they don’t have more knowledge about cryptocurrency and day trading. Although they start day trading and they are make lose in a short time. I always suggest for a newbie, it is very important to hold for a long time and must analysis coin then start day trading. If you don’t want to lose your money so you must hold your cryptocurrency for a long time because this is a very safe zone.

[taiwww]

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

Well with the current market situation it is surely going to be the second option, the long term holding. Who would want to go in a loss with the current situation after seeing how the market is fluctuating like wave in the Tsunami! Its disastrous man, even to think about it getting into swing trades. Im not sure how people keep posting about their success in the swing trades when the market is fluctuating too much crazy like the current one. Well blessing to them but im sure in such situation there are only two feasible things, one is to get more coins bought and second hold them tight.

[Markyway88]

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 have watched a video regarding with trading. The speaker said that we need to make a portfolio not just in our coins but when the time we will harvest them. It is good if we divide the portion of the capital we will reinvest, hold for a long time and sell during day trading. If we have that mentality, there is a balance between our earning and investments.

[Blackpanther399]

In this market, their are no perfect strategies anywhere. It all depends on what you understand mostly. In my opinion, I would say that longer term strategy seems to be a better strategy than day trading as you need to know what you are doing before you make profits daily and sometimes, you stand a chance to lose your trades

[Congratz]

I think it all depends on yourself, because all the decisions are in your hands, but I am with my busy, I prefer to hodl and invest long-term.

[kramat]

short term and long term it depends on each person who will choose. investment is an option but if I choose long term because it will give a more definite advantage

[margert]

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 I think that the best you should invest in short and should only trade by the day to be able to minimize the risk, you can see that the market is in the downtrend phase in the long term so the main At this time the risk will be very high, bitcoin prices will be able to drop sharply at any time and will lead to altcoin plummeted. Therefore, I believe we should not invest long term.

[Spend.com]

There is value in both. Short Term trading for day traders and then theirs ones whom want to believe in the trend and charts for long term.

[bitcoinking11]

In this dip situation, day trading wouldn't be very profitable, so holding long-term would be safe and profitable too. Many investors have been holding long-term, as they believe, cryptocurrency would reach moon again soon.

[htconem7]

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 day trading is the best option at this time, you can see the market is fluctuating continuously and is in the downtrend stage, we can not know the bitcoin price will be reduced at any. Therefore, day trading will reduce your risk. If you hold the market down, it will lead to heavy losses. You should only invest in short term and always have a stoploss in your trading plan.

[Congyang]

I always look at market conditions when the market conditions are unstable we can do long-term hold to avoid from the risk of loss, but if the market position is in the not good consume may be more recommended daily trading because it still gives profit even a little.

[ahmad21]

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

This mostly depends on the particular cryptocurrency. In day trading you have to look out for opportunities to buy and sell your holdings. So obviously it means that the coins showing more fluctuations would be best for day trading than the one which is more stable. Otherwise, speaking generally, I think holding is a better option as it involves less risks and need for the trading skills. More than skills most of the people in the market also lag the concentration and the patience which is required to trade regularly.

[logan16j]

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 that at this point of holding or investing long term is really very dangerous, you can see that the market is in crisis and bitcoin prices will be able to reduce deeply at any time. So if you invest long term it can be very heavy losses.

When the price drops bitcoin will lower the altcoin price and may be reduced more than bitcoin, so you should only short-term investment and day trading to be able to secure profit and zoning risk.

[valheru]

The question you ask is a general question that cannot be answered. The answer to this question depends on the coin you are referring to. For example, ethereum is a good choice for a long hold but may not be good in a short-term trade. So you should do research according to the coin you referring.

[TheKeyLongThumbI]

Base on the current situation of the market, it favors daily trading or short term trading. The holding technique is kind of useless for now because if you bought at the all time high and you still did not sell when it came close to that value again then you are going to wait for a long time to see it touching that value again. You are just hoping for a recovery sell off and not for the long term gains.

[breathlessz]

The question you ask is a general question that cannot be answered. The answer to this question depends on the coin you are referring to. For example, ethereum is a good choice for a long hold but may not be good in a short-term trade. So you should do research according to the coin you referring.

not everyone is smart to analyze like you, it is true, while at top is the right time to sell. it's hard for me to analyze every coin. so i select convert to eth and hold long time period

[ethereumhunter]

it is hard to do day trading while the market is in the downtrend and we only have a choice to hold for a long time. but I still believe that even we are in the downtrend, there will be a coin that can help us to gain a profit but this is difficult to find that coin because we need to analyze one by one of the coin list so we can find one or two coin. doing daily trading or holding cryptocurrency for a long time is depends on the market movement itself but some of the coins are better to hold for a long time because it will give us a big profit.