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Author Topic: What kind of trader are you? Active? HODLer? Somewhere in between? Why?  (Read 420 times)
kaopxa (OP)
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September 17, 2018, 04:39:55 PM
 #1

Interested in peoples' trading styles now that we've been in a bear market for a while. Do you still believe in HODLing to another all time high? Or are you looking for other ways to make $$ during the market downturn?
malweyer
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September 17, 2018, 04:53:56 PM
 #2

active and i use binance to trade 4h timeframes. if you set aggressive limit orders during low volume periods a lot of the time you can catch the momentum of big swings. mostly stay away from non-top 50 tokens though
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September 17, 2018, 04:57:50 PM
 #3

I think I'm an active trader in Binance and Cryptopia. I see some benifits of trading over hodling, it brings some small profits without risk, however sometimes I lose investment in day trading. Another exchange I use for daily trading is OKex.
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September 17, 2018, 04:57:54 PM
 #4

I try to refrain from trading because it's roulette and the chances of guessing are very small. but sometimes when the market falls strongly, I try to make money on it and often it turns out not very bad

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JumperX
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September 17, 2018, 05:00:10 PM
 #5

Interested in peoples' trading styles now that we've been in a bear market for a while. Do you still believe in HODLing to another all time high? Or are you looking for other ways to make $$ during the market downturn?


Trading is the matter to involve your fund all the time and at the same time we may try to have the fund in our personal wallet for saving concerns too.
If you wish to hold do it with out trading as well.
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September 17, 2018, 05:02:41 PM
 #6

Interested in peoples' trading styles now that we've been in a bear market for a while. Do you still believe in HODLing to another all time high? Or are you looking for other ways to make $$ during the market downturn?

I go for long term buying of cheap coins. So you can say I am a hodler. It works a lot for me.
It doesnt mean I am lazy to forecast the market. It is just that, it is much risky when you make trades. Been there and have also done it and it did not work for me.
So just better stay with the mostly used technique and that is to HODL more which have a good future.
kaopxa (OP)
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September 17, 2018, 05:04:24 PM
 #7

I try to refrain from trading because it's roulette and the chances of guessing are very small. but sometimes when the market falls strongly, I try to make money on it and often it turns out not very bad


What do you use when the market is falling? Are you shorting, or just selling what you have?
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September 17, 2018, 05:14:57 PM
 #8

Interested in peoples' trading styles now that we've been in a bear market for a while. Do you still believe in HODLing to another all time high? Or are you looking for other ways to make $$ during the market downturn?
I don't think much can be done during the bearish phaze of the market. I am trying to hold my btc and sell some only when I really need money. I also hold some of the cryptos I have on the exchanges from the bullish times. Perhaps some day I will consider investing in ICOs, because I believe that the market is growing and the projects will turn out to be scam less than they used to, as people will simply stop investing in garbage.
Of course I am also trying to save the money I make as a signature campaign member, so it is a partially active way of being involved in the flow of the crypto market, I guess.
Trading is a bad idea for now, so I really see no other options for crypto users apart from holding or taking the risks with promising icos.

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malweyer
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September 17, 2018, 05:15:41 PM
 #9

I try to refrain from trading because it's roulette and the chances of guessing are very small. but sometimes when the market falls strongly, I try to make money on it and often it turns out not very bad


What do you use when the market is falling? Are you shorting, or just selling what you have?

bitmexx lets you short, but their systems suck and will lock you out as soon as there is serious volume
AltcoinsBattle
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September 17, 2018, 05:37:33 PM
 #10

In crypto, there are a few coins and tokens that I will not sell soon, as these too much dropped.
On the crypto market, intraday trading is hampered by low liquidity. I'm learning intraday trading on the stock market. Thus, in crypto I am investor Grin and little bounty hunter; in stok market I (hope Smiley) trader.

mmacool
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September 17, 2018, 05:47:39 PM
 #11

Well, I keep my coins in hold. But many saw that after receiving tokens they were being sold and they were already buying at a low price. Because basically after the listing the exchange rate of the token falls sharply. I want to try such a scheme now.
MB2017
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September 17, 2018, 05:50:43 PM
 #12

In the past used to trade every day but now becoming just holder. Even not bother about market whether it's going up or down. Actually I already cash out my capital with profit that's why become holder  Wink
BALIK
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September 17, 2018, 06:07:40 PM
 #13

I'm a hodler unfortunately, this has caused me to lose big money in the last few months since BTC and ETH took a nosedive. I'm starting to learn to day trade though, so in future I won't be so adversely affected by huge dips like this. Hodling shouldn't be the be all and end all of cryptocurrency, we should trade dynamically, learn and grow, that's how you make the real money.

kaopxa (OP)
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September 17, 2018, 06:44:39 PM
 #14

I'm a hodler unfortunately, this has caused me to lose big money in the last few months since BTC and ETH took a nosedive. I'm starting to learn to day trade though, so in future I won't be so adversely affected by huge dips like this. Hodling shouldn't be the be all and end all of cryptocurrency, we should trade dynamically, learn and grow, that's how you make the real money.

Agreed - there also need to be better services for less sophisticated traders to make money. The best part about crypto is that it democratizes asset ownership, but people who want to passively participate shouldn't be forced to become advanced traders. That's what we are working on at my project, PixelAlpha
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September 17, 2018, 06:49:46 PM
 #15

I am an HODLer just because I am not good in trading but I have a good understanding of blockchain's technology so I can invest in some good projects

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Harrsionrangers10383
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September 17, 2018, 07:01:42 PM
 #16

With the uncertain market in this time, i think we shouldn't trade. May be you will earn a little but suddenly
 the market falls strongly , you will lose a lot!
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September 17, 2018, 07:12:05 PM
 #17

I believe that this forum is the actors of the whole market. small and big investor. and whales.

the people's interest is to be rich by raising the low price of the coins. Cool


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September 17, 2018, 07:23:38 PM
 #18

I am hodler, but from time to time i am traiding to increase number of my coins, but i actually don't like to trade in bear market, because after one bottom you will get second as a gift.
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September 17, 2018, 07:31:27 PM
 #19

Instead of holding trading is the best option. When market goes down and hoping that will grow again in that place trading is best way to get more profit. 2017 was the good year for holding just uptrend. Bat to see how 2018 running  Sad

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September 17, 2018, 08:17:38 PM
 #20

I was trying to be mid to long-term hodler, but I am not sure for this anymore. Been reading some articles lately about swing trading and I must say I was interested in it. Maybe someday I will try.

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