Daily trading or Holding Cryptocurrency for long time

[Hatuferu]

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.

Yes.Even for those who are knowledgeable already in crypto investments,they still prefer to buy in dips and hold for a long time.Especially with the condition of the market we have right now,it's still best to hold our coins and only sell it when the price has already reach its high market value just like the previous year.

[Thirdspace]

looking at the price movements within one last week, I think trading with small profit margin is better
big chance for spike correction but there's also a chance for gradual increase
but hodling $ fiat seems reasonable too because of the recent price spike due for correction anytime soon
sell now ~$7300, wait and buy when it (possibly) gets corrected back to ~$6500
noone can really predict with 100% confidence

[crzy]

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.

Bitcoin will be good for long term investment, I don't see any reason for the decrease of bitcoin because I believe it should be grow over time. In this kind of situation that we are experiencing a very volatile market, I think holding for at least months is a good decision, don't trade if you can't stand for it.

[Nunoluck]

I really hate daily trading, it's like a gambling that makes many people loss their money, I prefer like to trading if there is signal that come up, so I just wait and hold my coin unril the price rise.

[anavir]

Daily trading is good because you earned money quickly but when it is on pumping time.Holding is good when the market value decreases.This way you will be able to choose if you hit the goal you wanted when you sell your coins but  of course at the end of the day it's up to you to decide.

[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.

If you just divide your coins from daily tradin and long term hold then you will gain better. In my opinion, I will not depend upon the coins I hold. If the coins I hold will pump everyday then I will use it as daily trade but if there is a slow fluctuation of the coin, I prefer to hold it for a long time.

[bungphe]

It's true that there are people that make huge profits in day trading crypto's. However, not everyone succeeds with day trading, and it is also one of the reason why most people lose money trying to beat the market.

[Amajaa]

I would suggest to buy and hold for now.. The market still down good time to buy..  Just need patience though.. But personally i do both.. Im holding some and trade other asset also..

[johnwest]

I hold some of the currencies very cheap and hold them for long time. Also trade those which have constant fluctuation, like Bitsend. It has constant fluctuation and with all the masternodes it definitely has a future.

[Cryptokarl]

In this current market situation, its better to hold cryptocurrency for the long term in this market as short term strategy are not so good for this current situation. Buy the coins and hold. This has proven to be the best strategy in the world of cryptocurrency in my own opinion. Prices are at great discounts now.

[Cosbycoin]

if you have a chance to trade a good coin in the market and earn some of it thru trading also, then it is better to do it while you will hold some of your earnings in trading but when the market is red it is better to hold.

Well I think if you are a good market observer, you would not trade day because the market is not very much good and the trading can never be perfect so the chances of earning money is not normally good in the down market.

However since we have a slow rise in the values of Bitcoin, we might be moving towards the economic perfection soon and this is the time you should hold your portfolio because selling or trading right now might not earn you as much as you might if you trade in boom.

[ukboss]

If you want to start trading as a newbie so you must hold your altcoin for a long time. Day trading is very risky if you don’t have more knowledge about cryptocurrency trading so you never go to start day trading. In my opinion is newbie must behold his altcoin because it is a nice system to grow your own money but it takes a long time but it is more secure so holding is perfect for newbie trader.

[franss]

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 Both have almost the same opportunity to gain profit, for trading at least you use TA so that when trading you can estimate what to do buy or sell.
And for HOLD you should choose a coin that has a good reputation, let alone for long-term investment.

[lablab03]

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 in my opinion i prefer holding for long term because there's a good return after and less stress than day trading. but the profit will depending as well on the market performance . because sometimes market is so volatile and too hard to predict  but no need to worry because indeed long term is safe than doing day trading , and the advantages of it is you can build a new strategy on it incase when needed.  

[tuljan]

I really hate daily trading, it's like a gambling that makes many people loss their money, I prefer like to trading if there is signal that come up, so I just wait and hold my coin unril the price rise.

Many people like it because it's interesting and you can make a lot of money, or lose it if you do it badly, but in the end I really don't have the time for it. I prefer holding and selling at the right time. Less stress and less time needed.

[klasik1980]

If you just look at investors historically day traders have never beat long term holders. Take Warren Buffet one of the most successful investors of all time. What does he do? He buys companies and holds them for a very long time. He DOES NOT day trade.

“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”
Paul Samuelson

[TheNotoriouss]

long-term is good for a project like this because they can change whole market and their coins could grow significantly. Moreover, I think the first platforms that will solve multi-transaction problem will rule the ball.

[ubeng07]

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.

Bitcoin will be good for long term investment, I don't see any reason for the decrease of bitcoin because I believe it should be grow over time. In this kind of situation that we are experiencing a very volatile market, I think holding for at least months is a good decision, don't trade if you can't stand for it.

exactly , the moment that every person wanted to happen the bitcoin price are very hard to predict and when the price are may have to pump again predict for this are rare to be. So we should and we have to take patience.

[coinscircle]

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 this time you should only trade the day, can see that bitcoin prices are constantly fluctuating, although in recent days bitcoin and altcoin prices are constantly recovering strongly, but in the long run the price Bitcoin is still in the bearish trend in the long term so I believe you should not invest long term at this point will be very dangerous and risk will be very high.

[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 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.