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Author Topic: Daily trading or Holding Cryptocurrency for long time  (Read 1600 times)
rose8963
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July 20, 2018, 02:04:22 PM
 #81

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
Exact day trading is much better kept, you can see that at this point when the market is in a downtrend stage in the long run then the transaction is very difficult, can see that the bitcoin price is Constant volatility and ongoing adjustment, this is causing the price of altcoin is dropping very later so you hold will greatly damage especially if you hold long term.
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July 20, 2018, 02:13:01 PM
 #82

day trading can always be a good source of income if you know how to do it and not end up bag holding by overdoing it. for example you can always find some potential altcoin in this big market and then invest in it for half a day while it gets pumped and earn at least 30% profit for that day alone. but holding that same altcoin can simply mean not only losing the opportunity to sell on top but also losing money when the dump crashes its price.
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July 20, 2018, 02:23:04 PM
 #83

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

HOLDING.
I have my portfolio devided into both longterm and short term. I watched them both over several months. Within a few weeks short term can win, but my longterm portfolio definitely outperform short term one when it comes to months + or years of investing.
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July 20, 2018, 02:27:42 PM
 #84

trading is risky and if you have good knowledge and experience then you can do daily trading, but if you do not have good experience and knowledge it will be safer to keep holding and wait for the price to go up again
- I think we should not rely on experience or knowledge to determine whether we are suitable for day trading or hold for a long time because this market is becoming more harsh and it is gradually eliminating people with only old thoughts and no progress. So if we want to continue to make money, we need more flexibility in this market, instead of always thinking that we have no experience and skills, we choose to hold perhaps better, that only affects us, we need to combine both methods, adapted to the market, we will easily survive more


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EXtremeAEX
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July 20, 2018, 02:45:21 PM
 #85

From day to day the situation is changing, so it is difficult to give any specific advice on the trading strategy. I think that in this situation there are coins that need a long term trade, and there are coins for daily trading. Each will choose for himself these coins, depending on the overall situation and the specific day's situation.


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July 20, 2018, 02:45:24 PM
 #86

It (obviously) depends on the cryptocurrency in question. If you are convinced that a coin will appreciate in value over time, why would you risk day trading it?  If you day trade, the short term fluctuations could ruin your profit if you don't know what you are doing. Even the most experienced traders suffer loses from time to time. Day trading is very close to gambling, especially if you don't know how to manage risks.

It is even more true if we are talking about the current market situation. Bitcoin has lost some value compared to the beginning of this year, but still IMO it's the perfect cryptocurrency to hold long time.


That's right. Also, it depends on what kind of time the person who is investing can offer in order to make his investments work out, whether its day trading or hodling. Each kind of investment has its own pros and cons, and an investor should really study every aspect before continuing to invest in either of the two. For day trading, one should have more time to invest to closely look at the market, being that that type of investment is the active approach. On the other hand, hodling, does not need that much time devoted in the market because it can sure be done while only checking out the market from time to time as it is the more passive approach.

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July 20, 2018, 03:00:15 PM
 #87

From day to day the situation is changing, so it is difficult to give any specific advice on the trading strategy. I think that in this situation there are coins that need a long term trade, and there are coins for daily trading. Each will choose for himself these coins, depending on the overall situation and the specific day's situation.
It also matters whether you have the skills in trading or not.Because if you have,then i think you can engage in day trading as this will give you an immediate profit but demands more risks.You can also buy potential coins and hold them for months or even years until you see big profits ahead of you.

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July 20, 2018, 03:06:01 PM
 #88

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 good capital i think day trading today is a good way to earn money in daily bases but still risky i mostly recomend long term investments in trading all you have to do is invest amd watch it to grow slowly.

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July 20, 2018, 03:16:56 PM
 #89

The crypto market still in a bad condition. Most of the coin's price are deep now. Though the Bitcoin is growing slightly, from yesterday to now, altcoins are facing a deep market again. So, it is the best time to buy altcoins.  When the crypto market goes down, stop trading, try to buy coins as much as you can and then HODL your assets. So, I Think in this situation, HODL will be a good decision.
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July 20, 2018, 03:48:36 PM
 #90

Day trading in the last few months was very difficult because of the market being constantly in red. I prefer holding but that's just my point of view.
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July 20, 2018, 11:36:36 PM
 #91

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

For me daily trading is good now for the price of the BTC is becoming good also in other coin hodling is the good one. It will depend on the coins that you hodl. To know if it is good to trade now or not, just always check the price in the market so if you invest in the cryptocurrency then the value of the coin gets high then you can trade it. Trading is the fastest way to make a big profit. Hodling is earning big profit too but you have to way for a long time to make the price of the crypto big. The desicion is upto you wheter you trade it or hodl it all what I said and what others have said it is just an opinion, you can take it or not.
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July 21, 2018, 01:57:42 AM
 #92

Day trading in the last few months was very difficult because of the market being constantly in red. I prefer holding but that's just my point of view.
i prefer to hold too. daily trading requires a lot of thought and time to observe the market movement and analyze it. and i do not have much time for that, so i prefer long-term trading

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July 21, 2018, 03:16:08 AM
 #93

Daily trading and holding for long term, both of them have their own advantages and disadvantages. I have meet some people that will argue that trading is the best way to earn and increase your profits so far you are good at it. While i have meet those that are in full time HODL for a long term and they have also made quite a lot with it. There are times when you will HODL and it will still lose it's value but it is mainly based on patience. While a single mistake in trading can take away your monthly profits. So it is a two way thing.
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July 21, 2018, 05:16:20 AM
 #94

If you are good in daily trading then go because you can earn money in just a short time but if you are not good in daily better be in holding because in holding, you have enough time to see whether the market is good or not.

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July 21, 2018, 05:21:57 AM
 #95

Daily trading can earn a small profit daily unlike long time holders. But I think if you're an expert trader you can earn much more compared to long time holders. But for me having a regular job, I'll prefer holding crypto currency for a long time for better rewards.
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July 21, 2018, 06:07:54 AM
 #96

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.
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July 21, 2018, 06:19:44 AM
 #97

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.
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July 21, 2018, 06:55:57 AM
 #98

if you lose too much already hold it, never sell your coin, but if you loss like 10% below you can sell then buy at lower price or doing swing trade.

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July 21, 2018, 08:49:15 AM
 #99

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 point you should only trade on bitcoin, you can see that bitcoin prices are fluctuating continuously and it is difficult to guess, after having continuously increased for several days in a row, bitcoin prices have started to fall Strong in today. I believe the bitcoin price will drop to the $ 7000 mark, so I believe you should not invest in long-term bitcoin and only short-term investment so you can reduce your risk and avoid losses.
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July 21, 2018, 08:59:26 AM
 #100

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 rely upon you,if you have a little dread to lose your capital in trading,you can pick the long time holding. But,if you need to have a here and now procuring profits,and willing to lose your capital,you can pick the day by day exchanging. For me,i like to complete an every day exchanging which it is one of smart thoughts while doing bitcoin exercises
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