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Author Topic: Day Trading or Long-term Hodl?  (Read 5294 times)
cotton ball
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November 06, 2019, 04:57:52 PM
 #261

in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.
Short term or ling term trading depend which one market condition after I make investing with bitcoin and altcoin, if market support with short term trading  I will sell my altcoin and if need for waiting long term I keep hold my assets after raise with higher price later, but many people like for investing with bitcoin and altcoin in long term period.
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November 07, 2019, 09:17:39 PM
 #262

in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.
Short term or ling term trading depend which one market condition after I make investing with bitcoin and altcoin, if market support with short term trading  I will sell my altcoin and if need for waiting long term I keep hold my assets after raise with higher price later, but many people like for investing with bitcoin and altcoin in long term period.
It is more about the skills and potential of the asset that the holders hold. With bitcoin, a person can trade in any season and make good amounts of profit only if he is skilled with trading and understand bitcoin well. Long term holding is done by people who do not prefer trading but understand the worth of their asset. Day trading is occupied by people who can keep track of changing value very well.
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November 07, 2019, 09:22:21 PM
 #263

in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.
Short term or ling term trading depend which one market condition after I make investing with bitcoin and altcoin, if market support with short term trading  I will sell my altcoin and if need for waiting long term I keep hold my assets after raise with higher price later, but many people like for investing with bitcoin and altcoin in long term period.
It is more about the skills and potential of the asset that the holders hold. With bitcoin, a person can trade in any season and make good amounts of profit only if he is skilled with trading and understand bitcoin well. Long term holding is done by people who do not prefer trading but understand the worth of their asset. Day trading is occupied by people who can keep track of changing value very well.
The unpredictable nature of the financial markets is the reason behind the decision of why people prefer to hold their valuable financial assets for the long term. The unpredictability rate increases on the small timeframes and traders set their respective risk management for each bad case. Understanding the value and grabbing opportunity are two different terms&defntions and the trading short term is very stressful.

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November 09, 2019, 11:58:22 PM
 #264

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 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.


Day trading is not as simple or easy as we think at times however, it pays off most of the time. But the idea of holding a coin for so long a time, I cant advice that. It's always safe to monitor the market trends and the attribute of not being greedy has to be put into action here. When the prices are low, it's safe to buy. And when the prices are increasing again, just monitor it for a while and sell the moment you realise the prices are stable. If the prices are dropping so fast, it's better to sell quickly because it might take a long while before prices rise again
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November 11, 2019, 12:12:33 PM
 #265

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 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.

The best you did was learning and researching about the types of trading available. my advice to you is to look for a method that favors you or rather that you understand better and you have made profit from through practice.
Day trading is very sweet, returns on investment is very fast and u are in constant monitoring of your investment while long term trading is equally nice, you only check your investment once in a while and you are relaxed about your investment

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horrifiedx1
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November 11, 2019, 12:47:14 PM
 #266

in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.
Short term or ling term trading depend which one market condition after I make investing with bitcoin and altcoin, if market support with short term trading  I will sell my altcoin and if need for waiting long term I keep hold my assets after raise with higher price later, but many people like for investing with bitcoin and altcoin in long term period.
It is more about the skills and potential of the asset that the holders hold. With bitcoin, a person can trade in any season and make good amounts of profit only if he is skilled with trading and understand bitcoin well. Long term holding is done by people who do not prefer trading but understand the worth of their asset. Day trading is occupied by people who can keep track of changing value very well.
The unpredictable nature of the financial markets is the reason behind the decision of why people prefer to hold their valuable financial assets for the long term. The unpredictability rate increases on the small timeframes and traders set their respective risk management for each bad case. Understanding the value and grabbing opportunity are two different terms&defntions and the trading short term is very stressful.
but for those who have expertise in daily trading, I think they prefer daily trading, because with daily trading they will make more profit and in a short time. but for those who don't have free time, I think long-term trading is more profitable for them, so choosing trading time I think is optional


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November 11, 2019, 12:55:02 PM
 #267

in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.
Short term or ling term trading depend which one market condition after I make investing with bitcoin and altcoin, if market support with short term trading  I will sell my altcoin and if need for waiting long term I keep hold my assets after raise with higher price later, but many people like for investing with bitcoin and altcoin in long term period.
It is more about the skills and potential of the asset that the holders hold. With bitcoin, a person can trade in any season and make good amounts of profit only if he is skilled with trading and understand bitcoin well. Long term holding is done by people who do not prefer trading but understand the worth of their asset. Day trading is occupied by people who can keep track of changing value very well.
Trading skills are as important as the management skills and the crypto traders never ignore the fundamental factors for getting the maximum profit from the crypto markets. The potential of the crypto asset depends on the market conditions and the market circumstances dominate the profit-risk ratio. Every person without any financial management background can buy the financial asset and hold it for the long term. Day trading is hard of making the same amount of BTC from the altcoins.


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November 11, 2019, 12:56:07 PM
 #268

Daily trading can be more profitable than long-term investments. But I think daily trading is more risky. And you should have a good buy-sell strategy for your daily trading and have free time for researches. You also have to follow the market very well. So I choose long-term investment instead of daily trade, as I cannot follow the market very well and I don't have a lot of free time.
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November 11, 2019, 06:21:09 PM
 #269

In fact, there are many new tokens available today, DX and AWC are not bad tokens at the moment. But if you haven't done your research, you're likely to repeat the results as SNTR. And why don't you sell SNTR as soon as it drops a lot and still keep it to the present? You can learn more about BTC, it's growing.
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November 11, 2019, 06:30:19 PM
 #270

Daily trading can be more profitable than long-term investments. But I think daily trading is more risky. And you should have a good buy-sell strategy for your daily trading and have free time for researches. You also have to follow the market very well. So I choose long-term investment instead of daily trade, as I cannot follow the market very well and I don't have a lot of free time.
Day trading is more risky as you rightly mentioned, but I disagree when you say it can be more profitable since it depends on individual strategies. From experience, midterm trading favors me more even though I go long term on a few coins (usually not more that 5 at a time). The truth is that presently with the market situation, if you just depend on long term investment, it might not be the best investment approach.
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November 11, 2019, 06:35:50 PM
 #271

It really depends on a person’s preference especially when we talk about time since it is quiet a hassle to day trading if you are working 8 hours a day of a full time student. Personally, I would prefer Long term hodl since I can’t manage my time and dedicate too much in technical analysis, keeping up with the news circulating in the cryptoworld since we know that this is one of the major factors that needed to be able in becoming an effective trader.
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November 11, 2019, 06:38:06 PM
 #272

Just for trading also no one will suggest to go for day trading and learn the trading strategies. The question has been asked for the comparison with holding and day trading in this holding is the best option to keep your fund very safe.
Because crypto holding will make the expected reach in one. And we can move also above the value we expecting but rolling the funds we cannot assure that.

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November 11, 2019, 06:52:56 PM
 #273

I do both, I have tokens I buy for a very short term and sell under hours and those I buy because I believe they are technically and fundamentally solid.  Those that I buy and sell within days are those that have news/events that could potentially cause prices to rally then I dump them just before the event. If you don't have the knowledge of technical analysis,  I suggest you stay very far away from day-trading, it's an easy way to lose hard-earned money.

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November 11, 2019, 08:06:42 PM
 #274

This has to do with choice, that's what works best for you. Some projects are very good for long term hodl expecially when team have future plans and day trading is also good and risks but it's another medium of making extra income so both are good to go. But day trading gives me more profit than long term hodl.

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November 11, 2019, 09:03:04 PM
 #275

This two stretegy are very popular in this crypto space. I personally prefer long term hold cause i already have a job sonits hard to give time in trading. But day trading bis one of the most profitable way to make money in this world. But it needs a lots of knowledge and experience. Otherwise you gonna lose all your money. So be careful if you are going for day trading gather some knowledge first. And then long term investment bits also risky but it's also profitable with less time and less profit.

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November 11, 2019, 11:06:20 PM
 #276

For me, day trading is really profitable only if you can find your way around the daily trading tactics. Holding is not really profitable compared to day trading. A profit I can make from day trading can buy X5 of what I should have held. So in most cases, holding is not really profitable.

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Eildosa
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November 11, 2019, 11:34:05 PM
 #277

I also chose to trade. I used to think, like you, that only a long-term holding would make me rich, but that's not true. This strategy no longer works as it should. Now you have to work hard to get rich.

htsy585
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November 11, 2019, 11:34:38 PM
 #278

For me, day trading is really profitable only if you can find your way around the daily trading tactics. Holding is not really profitable compared to day trading. A profit I can make from day trading can buy X5 of what I should have held. So in most cases, holding is not really profitable.

Exactly! Is you have a sound knowledge in day trading? Why invest long term in coins. A good trader makes way much more scalping and flipping than waiting for bull which is now beginning to sound like a white elephant project ( although you can invest long term in your favorite coin but with proceeds from your day trading). Its day trading for me. Thats what i do anyway, closing trades at 5%-10% profits ;}
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November 12, 2019, 12:45:51 AM
 #279

Day trading is beneficial given you have trading skills but if there's no skills for trading, long term hodl is a good resort which isn't as good as we're made to believe it is. We can only try our hands on a few lucks hoping to nail one.
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November 13, 2019, 04:24:09 PM
 #280

You can say anything, choose both of them means, first of all, choose daily trading. Because it is day trading that will take you the most time and effort.
In the case of an ordinary hold, we do not need to study charts, study indicators, build a strategy and follow it, minimize risks and learn to manage them, all we need is to buy coins as low as possible and wait.
Day trading is a full-time job.

Trading depends on the individual. As a daily trader, i am always glued to my system and i am very use to it since its the way i was trained and i cant see myself holding for long term. Daily trading brings excitement into your life through the adrenaline rush you experience while making those trades. I encourage you to learn more on hpw to trade daily and you will not regret it.

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