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Author Topic: Day Trading or Long-term Hodl?  (Read 5296 times)
Indymoney
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December 27, 2019, 07:42:22 PM
 #361

This is one of my most favorite topics because I love trading even I have some good loses in start even I was on road but still doing and now have some very good return of my investment first I was following few signals but its never help me even give me some serious trouble now I am doing my own reaseach and its going very good but read about few bots I will try to check these and try to use this in future if works ok for me.
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December 27, 2019, 08:10:03 PM
 #362

These 2 industries you've mentioned are a bit different, however, as far as I understand, you are trying to get into the industries, where you are experienced and where you basically understand the growth. And you told that you are interested in ICOs, how are you choosing the solutions on the market?
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December 27, 2019, 08:15:58 PM
 #363

These 2 industries you've mentioned are a bit different, however, as far as I understand, you are trying to get into the industries, where you are experienced and where you basically understand the growth. And you told that you are interested in ICOs, how are you choosing the solutions on the market?

Evening mate. I cannot say for everyone, but can elaborate a bit more on my own approach and strategy here. I always start with just an idea, evaluating how it may spread wider, how applicable it is and else. Then a very important component is the value I can get. Or some benefits. Then paying attention to the team, the roadmap and innovations
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December 27, 2019, 08:17:57 PM
 #364

The decision is individual based. What worked for me might not work for you I think what everyone should do is decide what type of cryptocurrency personality they want to yield. If its that of an investor work towards it to be a great investor if its a day trader, get the skills set required for it.
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December 27, 2019, 08:20:24 PM
 #365

Evening mate. I cannot say for everyone, but can elaborate a bit more on my own approach and strategy here. I always start with just an idea, evaluating how it may spread wider, how applicable it is and else. Then a very important component is the value I can get. Or some benefits. Then paying attention to the team, the roadmap and innovations

Sounds rational, you seem to be on the market for pretty a long time. And as for today, are there many platforms/solutions that pass your "test"? Would be definitely interested to hear some recommendations
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December 27, 2019, 08:25:13 PM
 #366

Sounds rational, you seem to be on the market for pretty a long time. And as for today, are there many platforms/solutions that pass your "test"? Would be definitely interested to hear some recommendations

I can basically share my latest discovery - Intelligent Hero. Why latest? Cause requirements always grow and this is the solution that I've found out lately. Basically, the guys are redefining personal growth industry, letting more people in. What is important - very multifunctional platform that allows everyone to collaborate among each other, grow, meet new people, share knowledge and experience and much much more. What I would probably recommend you here - Google Intelligent Hero, proceed to their website and watch the explainer video. Pretty sure that you will be very impressed with innovations
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December 27, 2019, 08:32:46 PM
 #367

I can basically share my latest discovery - Intelligent Hero. Why latest? Cause requirements always grow and this is the solution that I've found out lately. Basically, the guys are redefining personal growth industry, letting more people in. What is important - very multifunctional platform that allows everyone to collaborate among each other, grow, meet new people, share knowledge and experience and much much more. What I would probably recommend you here - Google Intelligent Hero, proceed to their website and watch the explainer video. Pretty sure that you will be very impressed with innovations

Interestingly, you are not the first person recommending Intelligent Hero. Had no time to check out the solution before, but will do shortly and get back with own thoughts afterwards. Thank you for your recommendation
BeginToMine
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December 27, 2019, 09:26:03 PM
 #368

I am a fan of day trading but though I have some altcoins I bought and hold for long till date because of the love but naturally I am a full day trader, to me I feel it's what works best for you. I do not hodl for long unless there something special about the project.

AjithBtc
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December 27, 2019, 09:30:41 PM
 #369

I am a fan of day trading but though I have some altcoins I bought and hold for long till date because of the love but naturally I am a full day trader, to me I feel it's what works best for you. I do not hodl for long unless there something special about the project.
When we hold long term the risk is high, I personally understood this after missing the opportunity to profit from the 2017 bull market that took the price and the entire market to the peak. Myself used to hold, but in between if I find the growth to be simply high I'll try to profit and then go for a buying at lower price for further holding.

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December 27, 2019, 10:26:58 PM
 #370

I am a fan of day trading but though I have some altcoins I bought and hold for long till date because of the love but naturally I am a full day trader, to me I feel it's what works best for you. I do not hodl for long unless there something special about the project.
We're opposite. I'm a long term holder and day trading doesn't suit me.
I'm getting more losses if I try to day trade so it got me thinking how much you're earning everyday with day trading?
Are you full time?
Care to tell how much you earn on average daily?


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Ngemmeng
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December 27, 2019, 10:56:05 PM
 #371

I am a fan of day trading but though I have some altcoins I bought and hold for long till date because of the love but naturally I am a full day trader, to me I feel it's what works best for you. I do not hodl for long unless there something special about the project.
We're opposite. I'm a long term holder and day trading doesn't suit me.
I'm getting more losses if I try to day trade so it got me thinking how much you're earning everyday with day trading?
Are you full time?
Care to tell how much you earn on average daily?
every human being has their own expertise, to be honest I also don't really like the daily trade because it requires a very complicated analysis. but under certain conditions I also do daily trading to fulfill my daily needs.

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December 27, 2019, 11:40:56 PM
 #372

I think purpose of most altcoins is real life use and not holding them in wallets. We have Bitcoin for that. So if you hodl an altcoin for 1 year or more and never felt the need to use it, I think this altcoin is of no use to you and you should have Bitcoin instead. But if you use altcoin to earn dividends (for example KuCoin Shares), to send anonymous transactions (Monero) and so on, then it makes sense to own it instead of bitcoin.

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miningguru
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December 28, 2019, 03:01:55 AM
 #373

I am a fan of day trading but though I have some altcoins I bought and hold for long till date because of the love but naturally I am a full day trader, to me I feel it's what works best for you. I do not hodl for long unless there something special about the project.
We're opposite. I'm a long term holder and day trading doesn't suit me.
I'm getting more losses if I try to day trade so it got me thinking how much you're earning everyday with day trading?
Are you full time?
Care to tell how much you earn on average daily?
every human being has their own expertise, to be honest I also don't really like the daily trade because it requires a very complicated analysis. but under certain conditions I also do daily trading to fulfill my daily needs.

Long term holding will help us to increase the demand for the coins, for long term we should choose them wisely because now there are many POS-based coins which have ability to increase the coins by staking them in the wallets. Short term trading is really very risky, which sometimes we need to wait patiently for the prices recover.
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December 28, 2019, 03:28:59 AM
 #374

Between trading daily and long-term holders actually have their own uniqueness. There are those who are experts in daily trading and there are those who prefer to be long-term holders. So everything depends on each. I have traded daily and that in my opinion requires a lot of expertise and time. Sometimes I get profit and sometimes I lose. Up and down cycle. But maybe if you are a long-term holder you can sell it anytime when you make a profit.

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Btc_1856
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December 28, 2019, 03:34:54 AM
 #375

I am a fan of day trading but though I have some altcoins I bought and hold for long till date because of the love but naturally I am a full day trader, to me I feel it's what works best for you. I do not hodl for long unless there something special about the project.
We're opposite. I'm a long term holder and day trading doesn't suit me.
I'm getting more losses if I try to day trade so it got me thinking how much you're earning everyday with day trading?
Are you full time?
Care to tell how much you earn on average daily?
every human being has their own expertise, to be honest I also don't really like the daily trade because it requires a very complicated analysis. but under certain conditions I also do daily trading to fulfill my daily needs.

In order to fulfil our daily needs, we need to perform day trading efficiently, without taking risks it is impossible for us to make profits through day trading. We need to do an analysis before placing the order because we might be stuck and it will take some time to execute the orders.

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December 28, 2019, 06:45:16 AM
 #376

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.
Well you need to try and see for yourself to know which one will suit you but i can bet with you that you would find day trading as a good way to make profit, you can end up losing every thing as well, i invest in crypto for long time and find other ways to sustain myself like real life jobs

Thank you for the suggestion. Cool.
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December 28, 2019, 06:46:36 AM
 #377

I am a fan of day trading but though I have some altcoins I bought and hold for long till date because of the love but naturally I am a full day trader, to me I feel it's what works best for you. I do not hodl for long unless there something special about the project.
We're opposite. I'm a long term holder and day trading doesn't suit me.
I'm getting more losses if I try to day trade so it got me thinking how much you're earning everyday with day trading?
Are you full time?
Care to tell how much you earn on average daily?
every human being has their own expertise, to be honest I also don't really like the daily trade because it requires a very complicated analysis. but under certain conditions I also do daily trading to fulfill my daily needs.

Long term holding will help us to increase the demand for the coins, for long term we should choose them wisely because now there are many POS-based coins which have ability to increase the coins by staking them in the wallets. Short term trading is really very risky, which sometimes we need to wait patiently for the prices recover.


So, I suppose hodling for long is the best option.
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December 28, 2019, 06:49:01 AM
 #378

I am a fan of day trading but though I have some altcoins I bought and hold for long till date because of the love but naturally I am a full day trader, to me I feel it's what works best for you. I do not hodl for long unless there something special about the project.
We're opposite. I'm a long term holder and day trading doesn't suit me.
I'm getting more losses if I try to day trade so it got me thinking how much you're earning everyday with day trading?
Are you full time?
Care to tell how much you earn on average daily?
every human being has their own expertise, to be honest I also don't really like the daily trade because it requires a very complicated analysis. but under certain conditions I also do daily trading to fulfill my daily needs.

From the statement, you're an expert trader. I wish i am one. it saddens me cos i don't have the required expertise to day-trade so I hodl long.
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December 28, 2019, 07:27:20 AM
 #379

Between trading daily and long-term holders actually have their own uniqueness. There are those who are experts in daily trading and there are those who prefer to be long-term holders. So everything depends on each. I have traded daily and that in my opinion requires a lot of expertise and time. Sometimes I get profit and sometimes I lose. Up and down cycle. But maybe if you are a long-term holder you can sell it anytime when you make a profit.
well indeed everyone has different principles when they want to choose long-term or short-term trading methods, while the rise and fall of cryptocurrency prices will not be easy to know so it is difficult to determine which method is better and safer to be able to get a lot of profit.
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December 28, 2019, 08:19:01 AM
 #380

We're opposite. I'm a long term holder and day trading doesn't suit me.
I'm getting more losses if I try to day trade so it got me thinking how much you're earning everyday with day trading?
Are you full time?
Care to tell how much you earn on average daily?
every human being has their own expertise, to be honest I also don't really like the daily trade because it requires a very complicated analysis. but under certain conditions I also do daily trading to fulfill my daily needs.
That's it.
Day trading requires that and if you don't want to lose quickly, you better try not. But if you are person that's open with experience and want to try things that you haven't in crypto world and you want to excel in trading.
It's a way for you to cultivate and hone your trading skills but be sure to it that you'll have the capital of affordable to lose.


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