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Author Topic: Daily trading or Holding Cryptocurrency for long time  (Read 1595 times)
Mr.grin
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July 21, 2018, 09:09:18 AM
 #101

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
I think it all depends on our circumstances. it's good we hold the assets we have in a long time, like bitcoin, or ETH. well, now these two coins look very promising to be resistant in the long run. but, now so many are trading to get profit
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July 21, 2018, 10:11:45 AM
 #102

I kept my coins for a long time. Maybe the long coin I hold them will rise, so I always choose this option, the short term is very close and hard to earn high profits.
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July 21, 2018, 10:32:55 AM
 #103

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
I think it all depends on our circumstances. it's good we hold the assets we have in a long time, like bitcoin, or ETH. well, now these two coins look very promising to be resistant in the long run. but, now so many are trading to get profit
Yes it is true that circumstances will determine how our decisions will be made. By looking at the situation then we will be able to determine the strategy and also how our next step. In the world of trading there will be no certainty, therefore we must see the circumstances and situations uptodate. Without precision then we will not get anything, the world of trading is indeed a system that we must understand well. Without analysis and also good science then we can not possibly face conditions that can change at any time. The world of trading is something that can not be said as an easy thing, it requires a sense of willingness and also a good science in order to produce satisfactory things.
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July 21, 2018, 10:58:57 AM
 #104

Given the current situation on the crypto currency market, more long-term retention of all crypto currencies will be more productive and profitable. The main thing is to find a safe place for storage.
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July 21, 2018, 09:30:54 PM
 #105

Given the current situation on the crypto currency market, more long-term retention of all crypto currencies will be more productive and profitable. The main thing is to find a safe place for storage.

Ledger nano S my friend and you're set.
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July 21, 2018, 10:35:19 PM
 #106

Both are equally essential for cryptocurrency investing we should day trade in the bull market and hold whenever possible
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July 21, 2018, 10:51:52 PM
 #107

Both are equally essential for cryptocurrency investing we should day trade in the bull market and hold whenever possible
Yes both are good when in trading cryptocurrency. But, it is still depends on which crypto can gives you profit if you think it is good for long term with good project do long term. So you have to analyze the situation through your investment.

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July 22, 2018, 04:09:40 AM
 #108

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
As of right now the best strategy is trading, holding your coins right now is not going to give you profits since the market is not showing a strong tendency to go up, so this is the opportunity where the traders can really make a lot of money if they are good at it, the problem is that trading is not easy, many think they are good traders when the whole market is going up when they are getting the same results as holders, but it is in conditions like this where a trader can outperform holders by a wide margin.
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July 22, 2018, 04:21:32 AM
 #109

I suggest to buy now while the price is still in a cheap price in fact it's already gone up to $7500 then a slight loss that made the price at $7414 but still manage to hold on to it's gains. My recommendation is to buy now then hold and wait for the price to surge then sell, simple strategy no need technical analysis.

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July 22, 2018, 02:17:11 PM
 #110

I suggest to buy now while the price is still in a cheap price in fact it's already gone up to $7500 then a slight loss that made the price at $7414 but still manage to hold on to it's gains. My recommendation is to buy now then hold and wait for the price to surge then sell, simple strategy no need technical analysis.

That's pretty much the best strategy right now. And of course I like to invest in some ICO and I'm always searching for the new and promising ones.
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July 22, 2018, 02:25:29 PM
 #111

I think holding the crypto currencies in long term is much simpler and will give much profits.Day trading is only to make money in short term and needs much time ao if you want to be a day trader then it should be your peofession then only you can concentrate on it.
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July 22, 2018, 02:35:00 PM
 #112

I suggest to buy now while the price is still in a cheap price in fact it's already gone up to $7500 then a slight loss that made the price at $7414 but still manage to hold on to it's gains. My recommendation is to buy now then hold and wait for the price to surge then sell, simple strategy no need technical analysis.

It depends. If you plan to hold your coins for the very long term (few years at minimum) then it doesn't really matter if you buy today or tomorrow; the minimal short term changes won't affect your long term gains at all. In other words, you can just as easily wait for the market to climb up further if you aren't sure yet, and the technical details don't really matter here.

Technical analysis, regardless of how basic, is a very important aspect of trading and any short term investment. If you disregard everything and blindly jump in at whatever price to sell higher next month, you are pretty much gambling. If you would have done some prior research/analysis, you would see that the price is a tad bit overbought right now and in general not low at all. If the price was actually low the market would have bought it up again. Wink
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July 22, 2018, 02:56:57 PM
 #113

You know by looking at the prices of any coins you can conclude your answers up. Well, by that let's focus at bitcoin. Bitcoin is technically the best coin there is. It started from less than a dollar and look at its growth now.




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July 22, 2018, 03:25:14 PM
 #114

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 is impossible to say that which is more benifited for you. It is totally depend on you. If you are a experienced trader, so it is benifited for you. Then if you want, so you can hold your cryptocurrency for long time. Then you can understand holding is become profitable or not.
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July 22, 2018, 04:39:14 PM
 #115

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.
Yes I agree. Of course, skills in trade are of prime importance. They also help to determine in what situation how to proceed. Even experienced traders have coins for day trading and for long term trading. So buying coins only for hold does not make this purchase more secure. So how to determine what coins to buy for daily trading and for hold can only be a skill trader (what you wrote about)


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July 22, 2018, 07:13:53 PM
 #116

I thing. Trading is not to easy and day trading is not easy to get the profile. Learn the trading process before use Star. Long time trading is good ideas. Most the coin price is differ with other coin. So not easy to guess the price information. So before trade christian the price in the market place. Then start the trading. If hold the long time easy to get more profit. But you know the price information. So if invest any coin follow the coin price in the market place. Then mack plan and complete it.
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July 22, 2018, 10:01:13 PM
 #117

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
I think it all depends on our circumstances. it's good we hold the assets we have in a long time, like bitcoin, or ETH. well, now these two coins look very promising to be resistant in the long run. but, now so many are trading to get profit
Exactly. I think so. It all depends on our circumstances. And the solution to keep BTC and ETH is also a safe solution. In recent times, some investors have made good profits. Show that investors are very flexible and achieve the goal.

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July 22, 2018, 10:05:57 PM
 #118

They both have a fair share of risks (day trading maybe higher)
Day trading needs more skill and attention. And it us really difficult to pull out substantial interest (excluding transaction costs)
Holding also requires skill and patience, selecting a (potentially) good coin us vital.
alibaba93
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July 22, 2018, 10:09:07 PM
 #119

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 the present time, I think you should only trade on bitcoin and should not invest long term and any coin. Although the market is uptrend in the short term, it can be seen that in the long term the price of bitcoin may decrease at any time and this will cause the price of altcoin to fall very deep. Therefore, you should only trade day and short-term investment.
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July 22, 2018, 10:30:43 PM
 #120

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 is impossible to say that which is more benifited for you. It is totally depend on you. If you are a experienced trader, so it is benifited for you. Then if you want, so you can hold your cryptocurrency for long time. Then you can understand holding is become profitable or not.
I think long-term investment is the best way for investors who do not have much knowledge in this market because it does not require too much investment experience. The thing to do is to carefully study the coins and their potentials, and pick the right time to buy and hold in a few months, which is how many investors are using and succeeding.
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