Daily trading or Holding Cryptocurrency for long time

[Rooster101]

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 it will depend on your situation and on the coins you are currently holding. Daily trading is more risky if you are not prepared for it. You need enough knowledge, skills and experience to become successful in daily trading. Good trading strategies is also needed to become successful trader. Holding a coin for a long time is for those who had to time trade and it is more profitable because all you had to do is to wait for the price  of your cryptocurrencies to go up. If you have enough patience for long term holding then you can surely earn significant profits inthe end.

[julzcoinbit]

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 it will depend on your situation and on the coins you are currently holding. Daily trading is more risky if you are not prepared for it. You need enough knowledge, skills and experience to become successful in daily trading. Good trading strategies is also needed to become successful trader. Holding a coin for a long time is for those who had to time trade and it is more profitable because all you had to do is to wait for the price  of your cryptocurrencies to go up. If you have enough patience for long term holding then you can surely earn significant profits inthe end.

I heard some people says that the more risk involved in a investment the more profitable it is, so I guess this is might the answer for the question of the OP,  but I noticed who execute In daily trading you always have stressed and pressure by monitoring your coin that did invested. So for me, I much prefer by holding it in long term, since i dont have enough time and ofcourse, I don't have enough skill ti proceed daily trading method.

[bchain22]

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.

This!

[forestgunman]

I prefer holding because I do not have much experience of  day trading, it is much safer for me to just hold my coins and wait until the next bull market.

[ethereumhunter]

Learning to day trade Crypto can still turn a tidy profit if one follows trends and becomes well versed in the specifics of each coin. So, go out, be patient and diligent, and make money! I've been trading cryptocurrencies for 2 years now and I can say that over $200 billion dollars was made worldwide and has made millions of traders rich. I trade LTC, BTC, ETH, BCH, BCC etc.

Day trading can give a good profit but be careful because of the market still unpredicted, and we need to choose the right coin to trade. Not all coins can have good movements in the market, so this is why we need to research and analyze every coin deeply. There is a possibility to choose one or more coin, but as I said, it will need time to decide which coin that can increase in the next few hours. Besides of day trading, we can also hold cryptocurrency for a long time but this is only for the coin that will have potential to increase higher and usually, this could be the coin in the top ten in the coinmarketcap. But the other coin can have a chance too.

[Ericgreen]

I prefer holding because I do not have much experience of  day trading, it is much safer for me to just hold my coins and wait until the next bull market.

Buying and holding is for those investors who do not know anything about cryptocurrency trading and also have no time for trading. Otherwise day trading is much better than just holding. By daily trading you can make money on daily basis if you have experience of trading while holding will give you profit after a long time and that is also not guaranteed.

[realBitcoiner]

Learning to day trade Crypto can still turn a tidy profit if one follows trends and becomes well versed in the specifics of each coin. So, go out, be patient and diligent, and make money! I've been trading cryptocurrencies for 2 years now and I can say that over $200 billion dollars was made worldwide and has made millions of traders rich. I trade LTC, BTC, ETH, BCH, BCC etc.

Day trading can give a good profit but be careful because of the market still unpredicted, and we need to choose the right coin to trade. Not all coins can have good movements in the market, so this is why we need to research and analyze every coin deeply. There is a possibility to choose one or more coin, but as I said, it will need time to decide which coin that can increase in the next few hours. Besides of day trading, we can also hold cryptocurrency for a long time but this is only for the coin that will have potential to increase higher and usually, this could be the coin in the top ten in the coinmarketcap. But the other coin can have a chance too.

I don’t need this software because I can write my own. I read the messages of other people and reply to them which needs time and I want to pass my time in this forum as much as I can, because here I feel mental relaxation and my time passes very well. This software is for those who do not have much time and want to quit response to people and quit.

[Iandi anne]

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

That would be holding for a longer period of time. I believe that the market will soon recover and the price would rise up again. Let us not lose our hope and think positive that it will be better.

[yonjitsu]

I think it's better if you go on holding your cryptocurrencies for a long time than making daily trade which will result to a loss of your crypto assets. Unless if you are already an experienced trader imbued with knowledge and luck.

[quandong]

The investment and use of bitcoin is risky, especially speculation because prices may fluctuate abruptly, despite the sharp increase in recent times. Therefore trading Bitcoin everyday is the smart choice to eat the price difference

[ApocalypseNow]

The appropriate answer is to do what is between the two which is just for short term. You should do the same thing like Ian Balina which is an ICO investor, he made a lot by just sticking for a while in an altcoin and then sell it when it goes up and then he'll find another one that will give him the best ROI and he repeats the process over and over again.

[bitcoin31]

For now holding for longterm is good because market now is dumping and better if you your coins for few years and you will get more profit after  that. But you can do also daily trading and you will earn also profit but remember depends to the coin that you have if it's for longterm or not.

[devinks]

at this time I think to keep holding our coins, because if we trade in conditions when the market is not stable it is certainly very difficult to get the profit we want. get a profit still can but it is not big and not every day. I am sure that as we continue to hold it, the big profits will come to us when prices rise and the market stabilizes.

[pkb007]

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

According to the current market conditions, it is better for me to hold for long periods of time. The price of all coins is low, so it will be wise to buy and hold it at as little cost as possible. For me day trading is very dangerous, but this situation experts may benefit from this.

[Ludmilla_rose1995]

very interesting when discussing this. I understand a bit more about how to analyze the market and its fundamentals and I prefer trading daily because profits can be turned back into capital immediately, so my money will continue to spin even though it doesn't always run smoothly but I'm very satisfied...

[Maricel2017]

It depends in the scenario but mostly i always do is hold coin waiting for the right value to sell, if i see that i already generate 10% - 20% income at the current value i sell them and find other good coin to hold again. In day trade my target is only 5% - 10% income then sell 50% of my hold coin.

[Yamifoud]

It depends in the scenario but mostly i always do is hold coin waiting for the right value to sell, if i see that i already generate 10% - 20% income at the current value i sell them and find other good coin to hold again. In day trade my target is only 5% - 10% income then sell 50% of my hold coin.

That's right, cause not everyone will preferred for trading instead they'll keep on holding when market turn like the present trend we have. 
Holding is the way to be safe from losing but due to market condition now, it seems to be not good at all cause prices isn't moving high and we wait for a long time with any gains made.

[darkr]

I think it's better if you go on holding your cryptocurrencies for a long time than making daily trade which will result to a loss of your crypto assets. Unless if you are already an experienced trader imbued with knowledge and luck.

When you have enough experience, the best choice is simply combining both of these activities. Nevertheless, a newbie must better become a holder first, not a day trader.

[MrVuuu]

all market participants can keep the coins absoluntly, but only a few are able to do daily trading. Therefore, the answer is obvious.

[gohan21]

It's more profitable if you do daily trading to avoid lossing market situation for now and for holding cryptocurrency in long time its depend if you gonna earn or not.