Day Trading or Long-term Hodl?

[pooh95]

Despite the fact that I have many coins over the past couple of years that have lost their value, and they will remain for the long term, I prefer to trade in the medium term

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[Genemind]

You can do hodling if you're comfortable with that but don't limit yourself to try new things which could make you earn better. Try to learn everything about day trading so you'll find ways to gain a good profit aside from a long term hodl. Also, it is important that you'll choose an active and potential coin. Why don't you focus on Btc or other top coins first? I was hesitant to do day trading before too because I find it confusing but I have learned about it through different resources that I have found online. Just try to do a little research.

[Bananington]

Day trading used to be beneficial for me but these days I seldom make profit from it so I paused. I remember the good old days when I made huge profit from trading altcoins like WABI, ICX, NEO etc for short term trading. Sometimes TA and FA fails for day trading, hence you should always set stop loss. I benefitted from  long term HODL this year, I bought BTC at 6700$ and sold at 10,300$. There is no exact formula for making gains in crypto, just be consistent with what works for you probably after trying out many different ways.

[Eugenar]

You must need proper analysis if you want day trading and experience is needed to get profit. And if you want to hold for long-term you must prepared when price get dump
Both of them have high risk to do, just follow your heart and confident of your choice

What you need is a strong foundation of your knowledge about cryptocurrency news, updates, trends, fundamental analysis and sentiment analysis of the situation involving your desired cryptocurrency. Basically, it will determine if you just need to day-trade your tokens or coins, on the other have, provide a big trust that it can be capable to be hodled for a longer time. In short, always consider the future that awaits us when makinga crucial decision in the market.

[arifteguhr]

I prefer Scalping because my type can't wait long. I usually in a short time have been able to take a position for purchase. discipline in conditions as a scalping must be done because we have targets that must be achieved every day . and also has signs to do cute lose according to calculations

[darkangel11]

Day trading is good for those who knew how to trade and follow market movement very well, they aren't greedy and they are always not in rush, if you are in haste you will lose but long term holding is not that bad, just because crypto keeps losing value today doesn't mean it won't recover tomorrow

And don't forget that trading is for people who have a lot of free time. You have to be able to execute a trade at any moment even at night. I know some traders who can't sleep because they're always nervous and always checking if their position wasn't liquidated.
I prefer long term hodling. I've been doing it for many years and it gave me nice profit. Trading is more time consuming, more demanding and only sometimes gives better profit than hodling.

[jorenpo]

looks like you are advertising/promoting token than asking a question.
but anyway, you have a lot of time looking on the market movement then go day trading.
if you trust your coin that much then hold it for long-term.

[MCDev]

Daily transactions require a lot of skills and knowledge, you need to learn about the project, how to read charts and many other things. I used to be a daily trader but now I switch to Long-term Hodl.

[qomariah95]

Daily transactions require a lot of skills and knowledge, you need to learn about the project, how to read charts and many other things. I used to be a daily trader but now I switch to Long-term Hodl.

There is one thing I want to add to daily traders. For day traders, it takes a lot of time to do it. if you only have 2 hours to trade then don't do it, that's a big risk. It's better to trade for the long term. Unless you have a lot of time, then that would be great.

[3DBrushes]

Before now, I have always been getting it wrong about cryptocurrency. A friend recently opened my eyes to see how I could have increase little coins I have to fortune overtime by day-trading. But I am no that type. I had always thought I could only make fortune in crypto by hodling a certain coin for long.

13 months ago, I bought SNTR worth about $100 hoping that in few months I'll wallow in milliions of dollars like Ian Balina , but the reverse is often the case in the subsequent ones I bought. Sad fact, $100 worth of SNTR 13 months ago now less than $2.

Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and Atomic wallet (AWC) could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.

This has been discussed here many times.
But still my favourite is trading (day or swing) both are okay. Middle it depends on your risk level. If you want high risk and high return then try Hodling. If you want to make some profits quickly then go for trading. Trading doesn't have to specific like day or week etc.

[nxnqauff]

There is no question about the safety part. Its HODLing only. people tend to benefit a lot from HODLing. However, with advanced technology like good trading bots, these days people are making good money in day trading also. But its not easy.

[kravas86]

It seems to me that the question is very naive. It has long been understood that more professional and qualified activities are paid more. To hold coins do not need to do anything and know. Usually, holders are hoping for luck. At this time, traders study the laws of the market and the dynamics of various cryptocurrencies. They understand under what conditions the price of a coin can fall or rise and can draw reasonable conclusions. Therefore, trading is much better than hold!

[Perfect35]

I hold, but not for too long period of time. I do not really like day trading, because I am not good at it, but if holding will give me what I want, after conducting the needed research, I will not hesitate. I hold and it pays, not not at all times. In fact, the experience of losing when one holds is common with so many coins. You can also be deceived if care is not taken.

[InwardContour]

I am not always lucky with day trading, I prefer mid term trading which usually works out for me at least 70% overall. I hold very few coins for long term so that I can follow up on all. I won't say either is better, just stick to which works well for you (day trading or long term hold). I lost a fortune holding WAN and since then I became very cautious of projects I hold for long term. I've also learnt the hard way, to be successful in crypto, you need to keep greed aside.

[TrevorS]

Are you serious? You have gained invaluable experience that you do not appreciate. You only lost $ 100 at a time when many lose tens of thousands of dollars when investing in highly dubious coins, like yours.
I have never heard of your coin at all, and I see it in the first. They hope that $ 100 will be turned into $ 1,000,000 at least rashly.
Accept this experience, move on. Day trading is an extremely difficult thing to study it properly before giving yourself another high expectations.

[Maslate]

if in a daily trade you see an opportunity for a short time then you can take advantage in it, and if in your analysis that the coin can be profitable in a long time then you apply the long-term investment method. I think all investments depend on the opportunities available and the problem of profits depends on the analysis done by investors or trader

Both can be profitable but you need to check the coins first and if it has high volume which can be good for long term or short term holding. Yes it's more on the opportunities available but considering bitcoin which is highly volatile, definitely it would be more profitable for long term investment.

[alexsandria]

It often appear to me like i do not have the luck when it comes to trading.

Neither of the two methods were good nor perfect for you to fit in. It is still all depend right there in your willingness to risk, and persistence to make further growth to your investments.

If you want to maximize your profit from a day to day basis, although it takes extensize effort, you better go with trading. You might be able to recover what you lost for a long period of time. On the other hand, holding is good if the token holds a better future which at least could be done with an effort through researching.

Keep that in mind do not overexpose yourself to a single opportunity, making yourself more diverse could help you alleviate potential risks in the future.

[dimox]

you lost many fund. actually if you want to trading (but im not expert), you must search about that project first, join on their telegram channel to see their progress. i know its not help you but it can be sign about that project. no one can predict the price, but there are many coin that have future. day or long term is good if you can control and know the gap

[gwaposakon]

Before now, I have always been getting it wrong about cryptocurrency. A friend recently opened my eyes to see how I could have increase little coins I have to fortune overtime by day-trading. But I am no that type. I had always thought I could only make fortune in crypto by hodling a certain coin for long.

13 months ago, I bought SNTR worth about $100 hoping that in few months I'll wallow in milliions of dollars like Ian Balina , but the reverse is often the case in the subsequent ones I bought. Sad fact, $100 worth of SNTR 13 months ago now less than $2.

Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and Atomic wallet (AWC) could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.

If you have time to monitor your assets regularly, day trading would be a good way to earn. Study how the market fluctuates so you will know when to buy or sell. Prices could spike instantly so timing is important. If you have amass a good amount of crypto, long-term hodl is good also. Just be sure it is a coin that has long term potential also.

[Maturnuwun]

In my opinion, trading depends on our knowledge of how to analyze the price movements of traded coins, I am not an expert in this field, but at least I know how to manage assets and determine when opportunities to sell and repurchase.
and long term options, I still use this with some of the top altcoins on the market.