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Author Topic: What's your favorite trading style?  (Read 629 times)
Ucy
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June 15, 2019, 04:21:35 PM
 #41

Price notification  takes away all the stress of trading from me. I just create an order and forget about it until the order is filled..

Spending time on charts works too but not everyone has alot of time to spend.
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Dontme
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June 15, 2019, 04:40:04 PM
 #42

I do day trading and long term trading. It is always depends on which crypto you invest your money, there crypto which is better to day trade and there are cryptos which is for hodl. Day trading is very profitable but stressful. You can do day trading if you have time, but, if you are a busy person, better do hodling.
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June 15, 2019, 04:52:43 PM
 #43

Seemingly I choose as a day trader when I trade on cryptocurrencies. The reason is simple, volatile price has always happened on this market and with being a day trader I can know every movement price daily. So, I can  pour out the trading analysis that I have understood every day and I can practice it directly and maybe that is the best thing to do so as in the future I can make consistent profit from crypto trading.
Shenzou
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June 16, 2019, 12:02:22 AM
 #44

I personally a fond of day trading as it provides a consistent stream of profit and it might require more paying attention to the price charts and it keeps you on the edge, but when you make a successful trade it is so satisfying to get it, and also there is no risque of overnight money lose, however every market has its own best way of trading since some of them don't change that much and others like bitcoin are volatile and their price is constantly changing.
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June 16, 2019, 02:21:51 AM
 #45

I was impressed by some of the stories and wanted to do day trading but that quickly turned into a stressful, full time job.
I mean reading all the news, following troll-boxes, some communities, discords and all that crap.
Reading dev's tweets, creating a whole database of information sources to check, etc.
Maybe I went over the board with this but short time windows between the news and market reaction plus potential for high returns...
It quickly gets addictive. I think it relates a lot to the thrill of gambling addiction.

Anyway, when I relaxed and started making less trades and kept my positions longer - I actually learned more about the market.
With much less research (mostly the coin, team behind it, future changes, their marketing potential, etc.) I could do pretty accurate predictions.
I was sitting on a coin for weeks or even months, without stressing out.

What's your experience?
I currently have no experience in price chart analysis and general psychology of investors. But I can analyze and evaluate the value of an enterprise at a time of development. I only invest in altcoins outside the top 700 and there you will find great businesses are being underestimated. for example, Atlas Protocol, it won the Huobi Fasttrack competition and its price will rise soon.
This is my investment and I do not encourage people to take risks with me.

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June 16, 2019, 05:22:59 AM
 #46

I am still very interested in fast trading, with fast trading, I can make several transactions a day, even though the profits are small from each transaction but if the transaction is often done I feel it gives a big advantage for me.
Question123
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June 16, 2019, 05:24:59 AM
 #47

I do day trading and long term trading. It is always depends on which crypto you invest your money, there crypto which is better to day trade and there are cryptos which is for hodl. Day trading is very profitable but stressful. You can do day trading if you have time, but, if you are a busy person, better do hodling.
That's I do even Im a busy person everyday I give or spend time to trading just like some hours even Im tired of what Im doing.
I do holding for longterm and also day trading even I do that Im not stress it depends to you how you can handle this because many people once they choose to trade daily they become stressful because they spend too much time.
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June 16, 2019, 09:32:14 AM
 #48

I learn from trading, and I got many good lessons related to trading itself. The first thing I learned is controlling myself, which is difficult in my beginning trading. I almost cannot hold myself to get panic in that time because my coin price suddenly got dump too deep, but then I remember that it is only temporary and will not stay for a long time. So I tried to control myself, always check the market before trading, I can decide how much money I should use to trade and else.

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jems
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June 16, 2019, 03:20:52 PM
 #49

Personally I prefer to do long-term trading because by doing that I will have a lot of time to learn more about crypto and find some information to trade.
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