Day Trading or Long-term Hodl?

[Ochakemaput]

It all depends on how you are capable of. if you have skills in daily trading, then use it. but also pay attention to the assets that you use for daily trading. because not all assets can be used and suitable for daily trading. some will be more appropriate and profitable in the long run.
At this time, I am not making a long-term investment in all my assets. I trade daily and short term for several new tokens that are registered in large exchanges.

[IvugeoEvolutionCoin]

Hodling can give you good profit but not in all cases, meaning not all the coin you hodl. Before hodling, you can check if the community is active and this is important. If the coin is in cmc, you can easily check there to know the direction that it is and how it can grow in the future. You have to study a coin before investing in it. I have invested blindly too and seeing price slump painfully.

Personally, I've benefitted more from holding than day trading, but that's when things were still going smoothly in crypto, I mean when x100 was possible and not now. Presently before holding any coin, you need to be extraordinarily careful, since most will end up with regrets. Recently I tried holding NPXS and DENT and I've lost 700$+ as at now. Sometimes it takes grace to make profit, and not how well you did research.

[Edraket31]

Hodling can give you good profit but not in all cases, meaning not all the coin you hodl. Before hodling, you can check if the community is active and this is important. If the coin is in cmc, you can easily check there to know the direction that it is and how it can grow in the future. You have to study a coin before investing in it. I have invested blindly too and seeing price slump painfully.

Personally, I've benefitted more from holding than day trading, but that's when things were still going smoothly in crypto, I mean when x100 was possible and not now. Presently before holding any coin, you need to be extraordinarily careful, since most will end up with regrets. Recently I tried holding NPXS and DENT and I've lost 700$+ as at now. Sometimes it takes grace to make profit, and not how well you did research.

If given the chance and if I will have to advise people especially my friends, I would tell them that it is better for them to do day trading rather than long term, yes, they can earn only 3-10% in day trading, or sometimes loss, but it is way better rather than holding in long term but in the end you don't have profit at all.

[craZyLovE0916]

Long-term HODL is much better. Day trading is too risky of a proposition. You can lose so much money oh, well you can also make money, but most people lose money because it's too stressful.

[mdzahed134]

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.

I don’t know why you are holding this type of token for long term. Still now Silent Notary (SNTR) is going to dying project. 13 months is a long time investment which is bullshit decision you make it. For the long term investment i only recommend top ranking coins others any crypto-currencies will be highly risky. Definitely short term trading is big profitable if you will be take enough risk than good profit is possible in day trading. Right now Atomic Wallet Coin (AWC) is looking something risky for the recent trading activities.         

[Wysi]

For me i prefer long term holding over than day tading because i am a busy person now, i have a lot of works to do that's why i can't focus on day trade and i also belive that holding a promising crypto like bitcoin and ethereum will be very worth it to wait. Because both of this crypto have a bright future.

I think it is in fact matter of skills an individual has. If a person is good at day trading then obviously he should continue with it instead of simply holding coins because that way he will be able to make good money on daily basis. The best is to keep oneself update with hourly fluctuations for the sake of observing behavior of a coin. Bitcoin is best for both day trading and long term holding.

I prefer both I mean when I have free time for months then I focus on day trading or during the those days when we have continuous fluctuations as day trading is best during the time of fluctuations, after a long struggle I have segregated a certain portion of fund for day trading ehich I keep rotating aprt from the reserve which is there for long term HODL.

[tanjiran]

I don’t know why you are holding this type of token for long term. Still now Silent Notary (SNTR) is going to dying project. 13 months is a long time investment which is bullshit decision you make it. For the long term investment i only recommend top ranking coins others any crypto-currencies will be highly risky. Definitely short term trading is big profitable if you will be take enough risk than good profit is possible in day trading. Right now Atomic Wallet Coin (AWC) is looking something risky for the recent trading activities.          

It is true. A long-term investment is more appropriate if you choose coins and tokens that are ranked at the top of coin market. Because the new coins or tokens still do not have a strong and unique ecosystem niche, the price is easily destroyed. Whereas for the short term it depends on market conditions, because it is always changing. Actually long-term and short-term are both profitable, as long as they are based on market analysis, not just provoked by FOMO and unclear rumors.

[ashmodeus]

well , i just suggest day trading , u know , a little profit day by day a lot better for me.
i don't think hodl is the best idea for now , but well, if u have a lot of btc, just hodl it until may , halving of btc will come on 14 may as i see on news.

[stephanirain]

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.

Coins like SNTR have the tendency to fluctuate its price in the market that is why I think that it will be more use for day trading. If you want to hodl, choose the cryptos with high trading volume and ranks in the market. They have solid ground so it is more likely they will still be here a year or two from now.

[tabas]

Coins like SNTR have the tendency to fluctuate its price in the market that is why I think that it will be more use for day trading. If you want to hodl, choose the cryptos with high trading volume and ranks in the market. They have solid ground so it is more likely they will still be here a year or two from now.

Most of the coins except the stable coins are bound to fluctuate. Bitcoin has the best characteristic as a long term hold.
You will never have the wrong choice of choosing bitcoin that's why it's considered as the best asset of all time in cryptocurrencies.

[rodel caling]

Day trading and long term hold both is pretty good way how eran profits.

In the trading need to gives a lot of time and focus to get profits and to avoid loses.

For long term hold need always extend patinece and self control specially if heard price drop.

[Youghoor]

Day Trading or Long-term Hodl?

It all goes down to how well you know and understand the entire nature of the crypto market.  Your level of understanding will help you choose whether you trade daily without the funds you have or go in for a long term hodl. With knowledge and understanding, you will know what coin to investment at a particular moment in time. This will also help you develop strategic plans to maximize your profit margin within the period of your investment.

[chaoscoinz]

It's really difficult to say, I think it's a subjective matter that entails personal preferences and bias as to Hodl/Day trade or both. In my opinion, it's good to do a little of both as their is nothing wrong with diversifying your investments. What may work for some will not all ways work for others, because some rather day trade, others want to hold, and few do both.

[Sir Legend]

Day trading is better than long term hodl, according to my experience, crypto is a very volatile investment, rising and falling prices can reach tens or even hundreds of percent per day, of course this is a good opportunity to get a big profit.

[joshua123]

Imagine the rest of huge investors who are bought at a big chunk of their money. You only invested $100 but now its only worth $2. How about we add another three zeroes.Then imagine the loss right. I think day trading is worth doing you just need to learn the basics and also it is quite interesting right. That's why dont gamble too much on altcoins since some of them can really go down hard.

[Pearls Before Swine]

This isn't a clear cut 'either or' question, because everything depends on what you're buying and when you got in.  Picking some shit coin like SNTR (no idea what it even is) was a bad choice, but there are a lot of traders that make the same mistake in the stock market, trading penny stocks and hoping they're going to be the next Apple.

Currently both the bitcoin and altcoin markets are really depressed, but that does not mean they're dead by any means.  Things can and, I think, will get better and prices will recover.  I've seen that happen a number of times over the past few years.  Gloom is followed by a renewed optimism, but the hardest time to buy something is when you don't think it's worth much. 

The trick is to pick solid coins that have the best prospect of making it long term.  Those are the ones to hold.  Crap coins like SNTR are the ones you'd want to day trade if you feel like taking the chance.  Personally I wouldn't even bother, but you get my point.

[huige007]

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.

That is your clever decision for your long term holding and day trading because without any experience day trading is worse, as I have passed from this time when I used to do day trading and I lost my a lot of money but gradually I went on long term holding, also used a little amount for day trading in order to get experience. Now I am a good day trader as well as a long term holder.

[BennyK]

daily trading is not easy, there are many daily traders that I follow on their channels, they are no longer active because the predictions they made are mostly wrong. I am very sad to hear your experience, I suggest you should just invest in litcoin, bitcoin and xrp coins that have been proven for years to be very profitable if invested.

That is the other side of day trading. I always say, Day trading is for the experts who understand and know how to draw good analysis on the market trend and make conclusions on which coins to trade with at a particular period of time. Normally, most of these Day traders follow Signal groups which intends to create a hype for a particular coin.

[White Christmas]

It all depends on how you are capable of. if you have skills in daily trading, then use it. but also pay attention to the assets that you use for daily trading. because not all assets can be used and suitable for daily trading. some will be more appropriate and profitable in the long run.
At this time, I am not making a long-term investment in all my assets. I trade daily and short term for several new tokens that are registered in large exchanges.

I prefer to do day trading than long term holding because in day trading I can earn money in a very short period of time and it gives me a lot of excitement and yes you're right that in day trading you must have a excellent skills on this because if you don't have skills on trading you probably going to failed on what trading are you doing. If you don't really know how to trade or you don't have any idea about this you can better do long term holding so that your coins or tokens will just sleep in your wallets and waiting for them to have a higher amount.

[Best Dreams]

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.

I guess it is good to plan one as at single time you can concentrate at single side. If you have plan to invest for long term then just buy and hold but if you want to earn from day trading you will have to spend all your time in day trading for this it’s important to keep eyes on market every time and learning in field of trading matters allot.