Daily trading or Holding Cryptocurrency for long time

[Karakas]

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

all depends on the market situation, if the crypto market is like now, to minimize the risk it is better for you to hold your coins for the long term, and fill your free time by following the bounty program to get tokens

[ImSyam09]

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

Looking at the market today, I think holding back for a long time is the best choice, because if we trade daily, the profits we get are only a little, because now the market price often decreases.

[apityeh71]

Actually both is profitable,  now the return that we can make it depend on the strategy and risk management.  If you decide to hold crypto for long term investment, you should have knowledge when best times to buy and for how long you will hold it and how many your target profit. The big enemy for trader and investor is greedy and does not have any management of risk and money.

[iyamoxjhian]

That depends on your need and how you feels. Like for me, when I enter first into trading, I have cryptocurrency to trade but I don't know how to do it. So I studied on how to do by researching, reading articles, watching in youtube and asking some friends. But it took me so long so when I knew how to trade it, I couldn't trade it because the price went down so I decided to hold it for awhile until now. Now I am watching the exchanges and waiting for the price to increase.

[xminerx]

I think you have to adapt your strategy depending on the conditions in the market. Last year you were better off just hodl, this year you got wrecked if you just did that.

[GawirZZ]

in my opinion it depends on you, if you have a lot of time I suggest you better trade daily but if you don't have a lot of time but want your assets to grow better invest in Crypto.

[rose8963]

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 you should only trade the day so that you can minimize the risk and profit the most safely. You can see that the market is bearish in the long run, so to be successful is very difficult, if you invest long term or keep it will be very dangerous and I firmly believe that if you The longer you hold the more damage. Therefore, I believe you should only trade the date at this point.

[xminerx]

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 you should only trade the day so that you can minimize the risk and profit the most safely. You can see that the market is bearish in the long run, so to be successful is very difficult, if you invest long term or keep it will be very dangerous and I firmly believe that if you The longer you hold the more damage. Therefore, I believe you should only trade the date at this point.

I agree with that assessment, in fact it is exactly as you say. Bye just hodling my assets slowly but steadily got damaged. But no one expected such a long downturn, everyone was sure this was just a short correction. Well now we are in a sustained bearmarket and if we do not get some big event next month it could go lower than all of us can imagine.

[acener]

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 depends on the situation of the market. If we see that the market is down I think it would be risky if we'll sell our holdings because it might lead us to losses. It also depends on our skill, it would also be a risk if we'll try something specifically day trading if we don't have enough knowledge about it.

[ethereumhunter]

right now, it is difficult to do day trading because the market it makes me confused, and if I want to buy one coin that is in the down price, I need to take a look deeper and determine if the price can increase in the next hours or not. yesterday, I almost stuck in the high price but fortunately, I can sell the coins once it reaches the high price than I bought so I can make a small profit and leave the market for a while. but I prefer to hold the coin for a while and will see if the market can be back normal in the next weeks.

[richcorner100]

Actually this is depend on the your times, knowledge and strategy. If you have full times , will be better to do day trading, but if you dont have enough times for day trading, you can still make big profit , but you have to know when best times to buy crypto, you should have target profit and for how long you will hold it. And never hold crypto forever because the price is pump dump, the price will be back to the bottom.

[sheryl26]

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 depends on the people because me I am a busy person i am still studying at school so it is hard for me to conduct a day trading because my schedule will not make it. So I much prefer the ling term holding because in that manner I am not gonna go check the crypto everyday I am gonna check it every week and or months. But of course day trading is much profitable because you have a chance to gain money everyday

[Arsedunn]

daily trading and holding cryptocurrency for the long time both are good for the trader. but now I prefer long-term holding. bitcoin price is in dump now and maybe it would dump more.at this time doing daily trade are the risk.so instead of daily trade holding now good

I think that expert day traders are always get good profit from current situation, they in fact wait for the market to have great volatility so that they can get more chances to buy and then sell in some high price and get a good and instant profit from day trading.

[jgaspar]

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

In the present market state I will definitely vote for the day trading, instead of waiting for the holding because if you hold today you're losing it is equal, and if your trade there is an opportunity to earn something.

[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 you should only trade the day at the current time and should not invest long or hold long, the market is fluctuating continuously and bitcoin prices are continuously adjusted down, so I believe that the time This is so difficult to trade, you can only profit from hold when the market is uptrend but the market is now downtrend so you will not be profitable from the hold.

[goldkingcoiner]

Depends on what you mean by daily trading. If you try to daily trade on a strong bear market you will daily lose.

[katuhakuh]

In my opinion the current daily trading situation is not good, but we must take risks. Holding cryptocurrency for a long time will provide more benefits. So I just wait and hold my coin when the price goes up.

[BariaczRoni]

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

In my experience, I recommend trading with Bitcoin and Altcoin. I also trade with Ethereum. In my opinion these coin would be better if you trade for long-term. However when it pumps you need to sell -> reduce losses

[SolomonSollarsNSense]

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 do day trading Bitcoin. But also I do trade for long-term only on altcoins. I just buy a ton of them and wait it out if they pump and I do try to separate them so that I will not lose all of them.

Anyone who is day trading at this kind of period really must either be some high level risk takers or someone who just does not understand the nature of the market. The market is highly volatile at the moment and based on the way the downward impulse is pretty fast, day trading is one of the most risky moves right now. Long term positions though can be a good moment for anyone to start buying and hold, which I prefer personally.

[BibitBot]

It all depends on your features and situation on the market. But trade brings more profit