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Author Topic: Day Trading or Long-term Hodl?  (Read 5294 times)
dataispower
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October 17, 2019, 10:15:03 PM
 #61

Day trading works for me better than long term holding most times. The few coins I held long term, maybe I'm not so fortunate with holding since I barely benefit from it. With day trading, I always make sure my stop loss is set so that it will be triggered when price dips to my SL point. I'm very good with TA, so it's been working for me but sometimes I lose. This doesn't mean I'm not holding some coins for long term though.
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October 17, 2019, 10:40:27 PM
 #62

In short, daily trading is only for small profits while long-term investments are for large profits. But between the two long-term investments have a greater risk for example in your case.

Lizzie_Girl
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October 17, 2019, 11:05:04 PM
 #63

Implement day trading to increase your hodl size. Keep topping it up over the months and you will soon have a handsome amount of coins for yourself.

In short, daily trading is only for small profits while long-term investments are for large profits. But between the two long-term investments have a greater risk for example in your case.

Small profits are good. THey less risk and you can move on if you lose a few times. Smaller wins are probably easier to win since you willing to take more of a risk. Many small wins added together will amount to something viable.
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October 17, 2019, 11:15:39 PM
 #64

In short, daily trading is only for small profits while long-term investments are for large profits. But between the two long-term investments have a greater risk for example in your case.
And to mind you that there were more daily traders that are actually losing more of their fund instead of profiting because of the shaky wave of the market. You just can't guarantee that there will be enough profit for you within the day.

If you have made a loss this day and the goal is to make within the day, it will push you to make until the end of the day unless you're a daily trader that's okay with 0 profit but with losses. And there's another chance that you can't make and add more losses.

cotton ball
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October 17, 2019, 11:21:17 PM
 #65

I have seen so many threads talking about this DX token with a different format, are you legitimately asking for an opinion or is this form of advertisement?
look at these:
https://bitcointalk.org/index.php?topic=5185591.0
https://bitcointalk.org/index.php?topic=5184283.0
https://bitcointalk.org/index.php?topic=5189356.0

just do everything you want to do and always bear in mind everything is possible in cryptocurrency.
Me too I found many tread discuss about the same topic just change several word by him, I have give my opinion in other tread discuss with short term or long term way for investing, maybe he wants get more technical about which one better way to get profit with investment by short or long term investing, I think short and long term good for investing just how to control or manage or profit when price higher and down.
cryptoangel
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October 17, 2019, 11:24:50 PM
 #66

In short, daily trading is only for small profits while long-term investments are for large profits. But between the two long-term investments have a greater risk for example in your case.
Day trading is not a small profit because if you buy and sell at continuously we earn constantly so it make large profit. But long term trading we earn huge profit so you think like that, first you must calculate the each day profit then only you know the exact result. Both the tradings are good in crypto platform and it depends on traders.

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October 18, 2019, 12:32:07 AM
 #67

In short, daily trading is only for small profits while long-term investments are for large profits. But between the two long-term investments have a greater risk for example in your case.
Day trading is not a small profit because if you buy and sell at continuously we earn constantly so it make large profit. But long term trading we earn huge profit so you think like that, first you must calculate the each day profit then only you know the exact result. Both the tradings are good in crypto platform and it depends on traders.
it all depends on capital, if we have a big capital, of course, we can get a big profits on daily trading. but for me, daily trading is very good for those who have no passive income, and I do that every day.

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xiboothrezi
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October 18, 2019, 04:35:18 AM
 #68

there is no clear connection between the topic and the content. and when I read the responses from other members, that this thread contained promotional elements from the mentioned tokens.

Well, however I try to respond a little bit about day trading and long-term investment. I prefer day trading by utilizing market movements every day. Day trading uses a short timeframe with the aim of getting quick profits. Although the average profit is small, but if you are able to get it every day it will be big, right?

snip---
 it all depends on capital, if we have a big capital, of course, we can get a big profits on daily trading. but for me, daily trading is very good for those who have no passive income, and I do that every day.
besides that day trading also depends on the ability to analyze market movements. Proper timing for managing buy and sell positions is the key. Besides mental and emotionality must also be managed properly, not to be greedy.

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October 18, 2019, 05:32:19 AM
 #69



Day trading isn't as simple as just buying low and selling high, it just doesn't work much with altcoins in my experience you got to do it in BTC/USDT. If you take a look at the SNTR today, its almost worthless coin where you can't even see updates that can make the coin spike a bit to attract traders but with BTC the price can just swing in everyday where your chances of earning is much larger.
Day trading can be beneficial with bitcoin as it shows some significant difference in price during 24 hours. Altcoins are a little less volatile than bitcoin and it is actually not possible to make money via them in day trading. Long term holding is also more beneficial when holder is having bitcoin as it gains the most value. Even ethereum which is known as the king of altcoins cannot produce big profits.
It can be beneficial for others but it is still risky for most.
Altcoins was way more better than bitcoin to do trading. Having bitcoin to do trading has a higher risk of cutting your investment in an instant if happen that you missed the opportunity to sell/buy at the right time because its price is more volatile than altcoins.


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October 18, 2019, 06:46:32 AM
 #70

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.
There is a store, and you sit at home unaware of the store, hoping you will make millions. To me, if you have time to spare, it is better to trade short term. Short term trading is a chance to follow news and changes, and take advantage of opportunities but you should know that the short term is needed more information. Unlike the other you just wait a long time in the long term and information is not much needed.
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October 18, 2019, 06:49:25 AM
 #71

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
In scalping I'm not too much to dig up information about a project. but I quite believe that the binance that I made for trading will not include coins or token scams. and we need to analyze using indicators to take long positions. Another story if you are an investor

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October 18, 2019, 07:00:23 AM
 #72

The easiest way to buy coins for the long term hodl. In this case, less knowledge is required than in day trading. However, the income will need to wait for a long time and it is not guaranteed. Day trading involves a good level of knowledge of the market, knowledge in fundamental analysis. The risks are even higher, but if a person is really a professional, he will be able to make money on it.  

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October 18, 2019, 07:34:31 AM
 #73

In short, daily trading is only for small profits while long-term investments are for large profits. But between the two long-term investments have a greater risk for example in your case.
true that you submit, all investments have advantages and risks and before starting of course every risk must be known by understanding and understanding because by knowing the risks obtained later we as investors will have confidence and patience in investing and must be clever in utilizing every opportunity that will we get in investing

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October 18, 2019, 08:56:02 AM
 #74

Remove that mentality that it could be you who will be the next millionaire by just investing spare amount of your money. It won't happen again, I'm sorry about that but if you can invest then sure invest to bitcoin or any known coins. I don't know about that coin you've invested and I think it's gonna be hard for you to recover if you will put your hope in it. Long term is good if you have the best coin such as bitcoin and I've been looking forward to that day that I can have one good story to tell.


I have ignored the mentality. Bitcoin is cool but to me, i see it that it is meant for thee whales as they control it. I buy more DX, AWC, and BNB cos they seem doing quite well. I believe you will have good story to tell if you also believe you will and work towards it.
You can stay with those altcoins if you want to but don't ever complain if the alts will be crushed again by bitcoin which happens most of the time.
We always tell that the market is manipulated do we have an evidence regarding that? and if it's happening to bitcoin then expect that it's also somewhere around with other investment instruments.



 

 

 

 

 

 


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October 18, 2019, 09:04:45 AM
 #75

as uses with reference of option on trader to occupy tools and more with available application on offers from service provider the return might gives with least on risks to match of minimum limit of results as number on expectation.


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gaston castano
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October 18, 2019, 09:05:31 AM
 #76

if you want to save coins for the long term then the main thing is to buy bitcoin, and don't buy a familiar alt, haven't you tried it and your investment dropped by 98% in value.
so I suggest you buy btc and altxokn top ranks, it might develop a long time but it will provide security for your investment.
and if you want to get short profits try some IEO from binance
Alluro
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October 18, 2019, 09:56:37 AM
 #77

First of all, you have to learn about fundamental analysis and technical analysis. Because those things are helping to buy and sell coins correct time. The next thing is to don't expect millions from small amounts. If you have some profit with a coin, you can sell it and buy another coin. Another thing is to do your own research about coins before you make an investment.
Doranile432
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October 18, 2019, 10:33:05 AM
 #78

Remove that mentality that it could be you who will be the next millionaire by just investing spare amount of your money. It won't happen again, I'm sorry about that but if you can invest then sure invest to bitcoin or any known coins. I don't know about that coin you've invested and I think it's gonna be hard for you to recover if you will put your hope in it. Long term is good if you have the best coin such as bitcoin and I've been looking forward to that day that I can have one good story to tell.


I have ignored the mentality. Bitcoin is cool but to me, i see it that it is meant for thee whales as they control it. I buy more DX, AWC, and BNB cos they seem doing quite well. I believe you will have good story to tell if you also believe you will and work towards it.
You can stay with those altcoins if you want to but don't ever complain if the alts will be crushed again by bitcoin which happens most of the time.
We always tell that the market is manipulated do we have an evidence regarding that? and if it's happening to bitcoin then expect that it's also somewhere around with other investment instruments.
Of course altcoin market can still continue to decline but the truth is this bear market is neutralizing bad projects for good, bad projects are those who won't survive if price keeps declining, every seem to choose bitcoin but forget that bitcoin is old fashion, we shall see and only time will tell
Mighty_crypt
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October 18, 2019, 10:37:17 AM
 #79

Every crypto traders wannabe must focus on good crypto market signal, i believe that the perfect time for trading is when the sign of bullish thread is out so for you to know this you need to learn how to read crypto charts very well, learn trading first and trade once in a while, long term hold all the way for me

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October 18, 2019, 10:45:18 AM
 #80

Every crypto traders wannabe must focus on good crypto market signal, i believe that the perfect time for trading is when the sign of bullish thread is out so for you to know this you need to learn how to read crypto charts very well, learn trading first and trade once in a while, long term hold all the way for me
I also choose long-term investments now, but I allocated 5 percent of my deposit in order to learn how to trade. when I will understand that I can trade - I will increase my deposit on day trading.

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