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ice098
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October 28, 2019, 07:58:42 AM |
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With the altcoins going down like a falling knife, day trading doesn't look profitable anymore. I would definitely prefer long-term holding, but that too only with either Bitcoin or with established altcoins such as Ethereum, Litecoin and Bitcoin Cash. Right now I don't think that a recovery may occur for the altcoins anytime soon. At least for the next 6 to 12 months, we can expect them to go down in value. Short selling may be a good option, but those who doing it should be aware of the risks associated with it.
Day trading is possible too, you may still get some in day trading ,little amount of profit will do , if you know how to play with the market. Every succesful trade will have a profit. Long term hodl is good also if the coin has a potential also and still you have a budget, then go for a long term trade but make sure that your profit will be more higher than your first buy. |
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aomakun
Sr. Member
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Activity: 1020
Merit: 253
JangaCams.com
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October 28, 2019, 08:05:10 AM |
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With the altcoins going down like a falling knife, day trading doesn't look profitable anymore. I would definitely prefer long-term holding, but that too only with either Bitcoin or with established altcoins such as Ethereum, Litecoin and Bitcoin Cash. Right now I don't think that a recovery may occur for the altcoins anytime soon. At least for the next 6 to 12 months, we can expect them to go down in value. Short selling may be a good option, but those who doing it should be aware of the risks associated with it.
Day trading is possible too, you may still get some in day trading ,little amount of profit will do , if you know how to play with the market. Every succesful trade will have a profit. Long term hodl is good also if the coin has a potential also and still you have a budget. Daily trading can indeed be profitable if you understand market movements. because in every trend if you can to do daily trading there will be profit opportunities in it. and for long-term investments I think requires expertise in the level of patience when holding, my reference to long-term investments with coins that have a good rating |
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riso2015
Sr. Member
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Activity: 1246
Merit: 254
Trphy.io
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October 28, 2019, 08:05:15 AM |
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It depends on the market situation, if in a Bearish situation then I think it is not suitable for daily trading because it is difficult to get profit, But if the Bullish market situation is suitable for daily trading because with volatile prices it will be easy to get profits. Long term investment suitable for the Bearish market situation.
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Landak
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October 28, 2019, 08:12:42 AM |
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It depends on the market situation, if in a Bearish situation then I think it is not suitable for daily trading because it is difficult to get profit, But if the Bullish market situation is suitable for daily trading because with volatile prices it will be easy to get profits. Long term investment suitable for the Bearish market situation.
if we can take advantage of the situation even in bearish conditions we can still get profit. believe it or not, pro traders will always be able to get a profit in impossible circumstances though. daily profit can be achieved even though a little struggle. |
HILIH KINTIL
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jets567
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October 28, 2019, 09:13:36 AM |
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Very tragic indeed for this SNTR coin from the price of $ 100 in a year to $ 2 less, this is very pathetic. First of all we have to look at the trading market for coins to be invested, usually I want the trading market to be at the top of the cmc for the coins, in addition to other analyzes that I have done, and I am more prepared on old coins and tested
This is not new in crypto investment as many projects have failed to maintain the initial price of their token after the token sale. If I'm correct SNTR have airdropped billions of tokens because they have 1 trillion total tokens based on the Whitepaper which I think is not good to look for as investment due to the large supply but less demand. With regards with day trading vs long-term hold, I think it will depend on a person because these two strategies have different ways. |
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gandame
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October 28, 2019, 09:30:38 AM |
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I will choose daily trading for me to profit everyday because i have only small amount of capital thats why i can not hold it for a long term.
Holding is to those have big capital they can hold it anytimr they want.
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bellicose
Sr. Member
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Activity: 1120
Merit: 263
Sovryn - 300-500% APY on USDT Deposit
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October 28, 2019, 09:36:46 AM |
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With any strategy in this area, you can lose most of your money, so think and act. In the volatility of the cryptocurrency market, you will never find a perfect panacea for trading.
Therefore, one should not listen to the advice of someone unknown, but act exclusively on one's own.
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bitzizzix
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October 28, 2019, 10:10:53 AM |
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I will choose daily trading for me to profit everyday because i have only small amount of capital thats why i can not hold it for a long term.
Holding is to those have big capital they can hold it anytimr they want.
If your daily trading is always profitable even though it only makes small profits in my opinion That's good, because daily trading must really have expertise in analyzing good and profitable coins because the market is difficult to guess. and you can also grow your coins from small profits and not to sell them, and all of that to make your capital grow big and then hold it for long-term trading and to make big profits. |
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dcomomal
Copper Member
Newbie
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Activity: 238
Merit: 0
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October 28, 2019, 10:51:57 AM |
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If you are good in trading, then trade, because it can bring a lot of profit. I cannot trade at all, so I prefer to buy a promising coin and to hold it till the better times. In my opinion it is less risky and more profitable.
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dobolspeed3
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October 28, 2019, 11:24:45 AM |
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If you are good in trading, then trade, because it can bring a lot of profit. I cannot trade at all, so I prefer to buy a promising coin and to hold it till the better times. In my opinion it is less risky and more profitable.
The risk is indeed low if you buy for the long term. But in this case, one thing to pay attention to is what coins you want to buy and for you to store for a long time. If the coin has no potential or a newborn coin, it will have a high risk. Unless you buy coins that are good and potential, it is a good thing for long-term investment. |
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dillpicklechips
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October 28, 2019, 01:37:09 PM |
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Day trading for now is very sufficient because bitcoin is now recovering from the last dump or downhill of the bitcoin last year and it is a short investment for having an income in a shorter way. Most of the users do this when bitcoin are or becoming crtical in the price since its very volatile. Supply and demand to in the stock market will need here while doing day trading cause day by day itll change. Even i myself i uses the most is the trading, day trading, after the bitcoin comes up or showing a better price i hold it.
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SummerBliss
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October 28, 2019, 02:17:25 PM |
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Day trading is not at all easy task and you need to have high level of knowledge and skill in the market and the coin in which you are trading must be profitable otherwise there will be no fun of trading as you have to take instant decision based on your assumptions.So i prefer long term hodling if you lack these skills and wait for right time to cash out your profits when market is in bull run.
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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October 28, 2019, 07:39:19 PM |
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If you are good in trading, then trade, because it can bring a lot of profit. I cannot trade at all, so I prefer to buy a promising coin and to hold it till the better times. In my opinion it is less risky and more profitable.
The risk is indeed low if you buy for the long term. But in this case, one thing to pay attention to is what coins you want to buy and for you to store for a long time. If the coin has no potential or a newborn coin, it will have a high risk. Unless you buy coins that are good and potential, it is a good thing for long-term investment. that is what has happened so far when many people only suffer from the wrong buying and or investment, because not all coins have good potential in the future and if that is the case holding it for the long term will only get a loss. so in this case the risk will at least always be there so whatever is done at least you have to know what coins are worth trading and what coins are worth holding for a long time |
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altcoinEra
Newbie
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Activity: 140
Merit: 0
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October 28, 2019, 08:41:04 PM |
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Guys, do you think that buying GRAMs is a good option for long run holding? Thanks!
I think it's very interesting and rather predictable option as telegram is worldwide famous social nw. No scam or so on allowed here |
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altcoinEra
Newbie
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Activity: 140
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October 28, 2019, 08:48:19 PM |
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I have bought myself, 300 of them recently, as the idea and project itself is very stable. If I were you, I would invest
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bobelr (OP)
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October 28, 2019, 08:55:02 PM |
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It depends on the market situation, if in a Bearish situation then I think it is not suitable for daily trading because it is difficult to get profit, But if the Bullish market situation is suitable for daily trading because with volatile prices it will be easy to get profits. Long term investment suitable for the Bearish market situation.
Some even says it is better to trade in bear market. but I think it is better buy and hodl in bear market. It depends on where one entered during the bear market. |
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altcoinEra
Newbie
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Activity: 140
Merit: 0
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October 28, 2019, 08:55:17 PM |
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I have bought myself, 300 of them recently, as the idea and project itself is very stable. If I were you, I would invest
Hmm, yeah, GRAM is one of the most interesting one. I will think... Take your time, anyway, Good luck! |
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altcoinEra
Newbie
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Activity: 140
Merit: 0
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October 28, 2019, 09:00:19 PM |
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I bought my GRAMs on bitrexchange com. They have very interesting bunch of payment details, credit cards are welcome. I bought with FIAT as well
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altcoinEra
Newbie
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Activity: 140
Merit: 0
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October 28, 2019, 09:05:18 PM |
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I bought my GRAMs on bitrexchange com. They have very interesting bunch of payment details, credit cards are welcome. I bought with FIAT as well
Thanks, just bought some there, very good exchange! Thank you for sharing! Bitrexchnage is very fast, extremely! |
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odukoyaewatomi27
Member
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Activity: 536
Merit: 15
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October 28, 2019, 09:40:51 PM |
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Explicitly in the bear market while you are discussing the crypto exchanging you should exchange just for day exchanging. On the off chance that you are exchange on altcoins which are recently dined or vacillate, at that point exchange brief period and subsequent to making a slight benefit exit prompt. This supposing that the price is go past your desires then it isn't sure that the price will come back again and even the entire project behind the coins go evaporated. In the event that you are exchange on the goliath Bitcoin, Ripple, Eqp or some other inside the top10 at that point in the event that the price go unfriendly, at that point you can hold this for the long time quietly
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