Daily trading or Holding Cryptocurrency for long time

[srcnckr]

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.

I also often choose the potential coin and keep it in the long term because it makes me feel less stressed and can spend more time with my family than just focusing on the charts. Investors should also have a clear plan to prevent the worst possible situations.

[Coinnosaurus]

Daily trading is much more risky. The professional day trader and the professional gambler are doing the same thing. They wait for the odds to turn to their favor and then execute their trades and bets. They allocate more money to higher probability outcomes and less or no money to the lower probability ones

[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.

I think that at this time you should only trade and trading in the short term, although the market has seen very strong signs of recovery in the past few days, but can see that bitcoin prices are constantly being And this is the pump behavior of the barbarians. The market is only recovering in the short term, if you invest long-term you will certainly lose money when the shark discharge.

[BaraxLo]

First of all cryptocurrency were introduced as a currency not as an investment tool. Due to high demand and huge fluctuations people want to have capital gain. But it is time to buy and hold because it already lost too much. Daily buy sell is not a good idea right now.

Both are good and a clever person will proceed for both because he may have eyes on getting more profit. Daily trading will also benefit quickly and long term will also benefit the most with huge profit so these two are in benefit.

A person if waits till high market of long term will waste his time if he is not busy in some activities so trading is better as a routine which will save our time and a benefit too after which later on we will have collected a lot of money till our long term profit.

[Ericgreen]

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.

I think that every person has their own choice, those people who have good experience in trading even having good investment for trading, they are taking more interest in short term investment, but those people who have lack of experience I think long term investment is too good for such people.

[darewaller]

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.

Day trading is far better than just holding, because if you hold your coins for long time you will get profit after a long time but I you trade on daily basis you can make money daily or weekly because of the volatility in the price. The price is not stable and also not increasing consistently, changes occur on daily basis and that is the point for good traders.

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.

Many people bought bitcoin for $18000. They have lost thousands of dollars. Now they will have to wait for long time till the price reach to the above level again and they recover their deficits. Day trading may not good for them because they can lose the rest of their money. It is good to hold coins for some time. New investors have good chance to make money from trading.

[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.

I also often choose the potential coin and keep it in the long term because it makes me feel less stressed and can spend more time with my family than just focusing on the charts. Investors should also have a clear plan to prevent the worst possible situations.

Yeah, what is the point in all of this if you spend all day long looking at charts and you neglect your family? There are more important things in life than chasing money.

[ethereumhunter]

since a few days ago before btc price increase, I try to do day trading and I am happy to see that finally, bitcoin price can increase so high more than $8000 so what I did before can give me a nice profit. and I still do daily trading because it is a good time for me to make another profit and meanwhile, I can buy a lot cheap coin but it's profitable coin that can help me to earn another profit. I still hold many coins and it is waiting for the price to increase higher too.

[kenel]

if you decide to trade now, then trade on a small part of your Deposit. it's still relevant, but the risks are higher. and stay away from unknown coins

[tuljan]

if you decide to trade now, then trade on a small part of your Deposit. it's still relevant, but the risks are higher. and stay away from unknown coins

Some profit can be made on day trading with BTC right now. The price is unstable, going to 8.5k and falling to 8k in two days.

[vishudda]

It depends completely on your emotions when you trade a coin. You should not sell because the coin dump.

I had initially tried day trading of bitcoin and lost all the money i invested in the bitcoin.

If you think that you get at least some profit from the rate of your purchase, you can sell. If you are buying altcoins hold it until it get pump and You can plan a strategy of selling if you want to sell.

[Streamlink]

I think to keep in mind the current market situation, daily transactions are a good option. As market volatility increases and decreases daily, it opens up opportunities for all traders to trade for a profit every day. I personally will only make daily purchases because there is still a good opportunity time.

Trading can help you in making lot of money but at the same time, it is quite riskier job to do as you can lose a lot of your money in no time because of one wrong move. I will suggest you not to go for trading unless you are pretty much confident that you will be able to make some very good profit. It will be more profitable for you if you go for holding of some good coin for longer time.

[el kaka22]

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

depends on you, but i prefer buy and hold. actually the market is down for the Bancor hacking issue. so its good time to invest in altcoin and just hold those coin. I strongly believe after a few months crypto market volume would raised again and we can gain a lot of profit from our holding coin.
so i would tell you, buy and hold for a few months. you can gain a great from your holding.

Buying and holding at the dip anyway is still part of trading but at the same time, considering what you are buying and the chances of it going down further, you must be prepared for that which would be either trying to stop loss when some certain support is broken or just simply holding and buying back more at the dip.

Everyone sure does have what works perfectly well for them and that is what matters anyway as long as you have a strategy and you know what you are doing. Holding will definitely will pay more compared to day-trading. But rewards from held out assets might take more time to arrive in our pockets, that is the reason many people go for daily trading. But, we must understand that protecting our assets is more important than trying to multiply them.

[Lionheart001]

Whatever rocks your boat mate. It's your call. You can decide to hold for long, this strategy is especially suited for folks with tight schedules. I don't have the time to follow current trends as such, I just find a coin I believe in and invest for long term. Full time traders can do daily trading successfully if they have mastered the art

[lushlifing]

The market is still slowly recovering wait a bit more,
I suggest staying away from day trading in the mean time.

[godraphael]

A lot depends on the coin in particular and also on your crypto strategy. If you feel the current market value of a coin you have is perfectly okay with you then you're free to trade but keep in mind that in as much as day trading can give you profits it can also incur massive lose due to the instability and fluctuations of the market.. I'm not a good trader, so I hold for long term.

[Finestream]

The market is still slowly recovering wait a bit more,
I suggest staying away from day trading in the mean time.

I think so.I still prefer to go on holding crypto coins for a long time because i believe that the market price is bound to increase more in the next months.Maybe if you do day trading with this current condition,you can still gain profit as long as you have your own tactics but it's more stressful i think.

[mak lessoh]

I don't guarantee you will earn profit continuously if do day trading because I know day trading have bigger risk, You will regret it if it happens, i sugest you for doing hold to get big profit.

[geopolisch]

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.

I think of holding of the crypto coins for as long as possible to be the best thing to do and that this is no doubt one of the best possible way of making more money. You need to make this choice after having enough thought and that once you make any kind of decision, then you must stay over that in all the circumstances and that you need to keep on trying to make more earnings.

[coinscircle]

Daily trading is much more risky. The professional day trader and the professional gambler are doing the same thing. They wait for the odds to turn to their favor and then execute their trades and bets. They allocate more money to higher probability outcomes and less or no money to the lower probability ones

I do not think that day trading is more risky than holding, you can see that the market is fluctuating continuously and it is hard to kick, so the day can reduce the risk for you, you have Being flexible in transaction, not worried about holding capital.

As long as you have accurate technical analysis, clear transaction plan and discipline, I am sure you will succeed.