Day Trading or Long-term Hodl?

[Visbay]

When it comes to altcoins I will not prefer day trading because with day trading you can make profits but you can't make consistent profits. To generate consistent income, I prefer long-term holding in promising projects not matter if they are big cap or small-cap.

That’s really nice to see that you really enjoying day trading and it’s profitable for you but according to me day trading is hard to handle as compare to long term trading. It is safe to trade for the long term you will not remain to worry about the price change as it takes the whole day work out to become a good day trader. We should trade for the long term if we are new in trading.'

[luppecuppe]

Investors who make daily plans should read very good graphics. You also need to follow the market 24 hours for daily transactions. People are usually interested in this sector as an additional job. Daily buy-sell is difficult.

[posi]

Investors who make daily plans should read very good graphics. You also need to follow the market 24 hours for daily transactions. People are usually interested in this sector as an additional job. Daily buy-sell is difficult.

No, investors don't actually do daily plan which you mean by trading but it crypto traders that does daily trading and reading the graph also don't justify traders level of profit and i strongly believe long term hodl is the suitable strategy for this current market trend.

[#Darren]

Depends on your trading skills. If you are a good trader, take a shot, but remember that 95 percent of traders are losing money and another 5 percent are earning money on other hamsters. Be aware of this statics and test your luck.

[rekinthis]

Depends on your trading skills. If you are a good trader, take a shot, but remember that 95 percent of traders are losing money and another 5 percent are earning money on other hamsters. Be aware of this statics and test your luck.

Yeah without skills there's nothing to do in bitcoin trading to be honest because this market is wildness. And even if you're a great trader your stops will get hit constantly with scam wicks and fake liquidations to take as much money from you as possible, the only people who profit in this is mostly whales that have tons of money to move the prices easily, so be careful

[muksal]

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.

In my opinion and personal experience, I often trade in the long term because we can determine the selling price in accordance with our wishes and can generate greater profits than we trade in the short term. but we have to be able to predict altcoin precisely because if we choose altcoin wrongly, we can experience huge losses.

[restuibu]

it all depends on the coin you choose if it does have very good potential then hold it for the long term but I personally prefer to trade daily. even though it has only small profit but it continues every day, at least I get $ 10 - $ 20 every day

[EdwardBrooke]

I prefer day trading over long term

[Ezravdb]

it all depends on the coin you choose if it does have very good potential then hold it for the long term but I personally prefer to trade daily. even though it has only small profit but it continues every day, at least I get $ 10 - $ 20 every day

I agree with your opinion, in determining trading options there are a number of important points that must be known such as future project directions and their roadmap. I currently choose to trade long term because I believe that the coins that I hold will provide huge benefits when they launch several updates on their platform.

[Nolimitz84]

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.

As I understand it, it’s about which coin is better to buy and hold for a long time?In this case, I would recommend that you choose either more assets for investment or simply change the scope of activity for further earnings.Just not always hodl can bring profit.

[ittunes]

As a trader or crypto enthusiast,it is necessary to know the kind of strategy one should be using when it comes to Cryptocurrency. For me I prefer long term hodl due to many reasons, amongst the reason is the inability to check trends or chart every minutes, it's sucks!!. I also work so it's not easy for me to keep track of both so I prefer buying potential coins and holding for so many days or weeks or month

[kodtycoon]

doing both must also consider the time we have, especially about day trading because even if you work at a computer and stay up there during the daytime it doesn't guarantee that you will be able to do day trading. so the main thing that we need to pay attention to is time and of course about skills, if you are not good at doing TA then in reality we will only do long-term hold and that has become a common choice

[SolarWindMiningCompany]

I prefer day trading over long term

You must have a large heart to accommodate those blood racing moments in trading. The crypto industry is too volatile for the Weak. That's why alot of practice and patience is required. I prefer strategic investment to trading at the moment because of my busy offline schedule nowadays

[FLHippy]

Holders are the most profitable in the long term because they are not risking anything. But some traders are good and they can profit on trades between alts and BTC with the goal to gain more Bitcoins even the value of each coin drops.

[gedarchitect]

I prefer DAY Trading because i am not a good holder and i easily get attached to a coin so i prefer DAY TRADing and reading chart with good technical analysis.

[Firefoxx]

I have been a fan of day trading right from onset and do not appreciate long term holding but people still do things for Thier own choice though.

[qiwoman2]

I am doing both right now, both holding and growing Bitcoin and stablecoins through trading profits. I also am growing one bag as I am trading it of a coin that I want to get to a decent level of. So am holding three coins and taking profits as well to put in Bitcoin and Stablecoins. This is my plan for 2020, to try to raise my capital at least by five times, then I will have some skin in the game, as I did in 2017. I hope to at least get back one-fifth of what I lost in the last bear market, then I will be content and rest.

[radjie]

In reality, day trading is much more lucrative than long-term holding. If one is waiting for long-term cryptocurrency returns, considering the current market situation, it could take a much longer time. Knowing the right tokens to sell is the main challenge with day trading. Because of their volatility ratio within a short time, some tokens are better to be traded daily or in the short term.

I think this does not apply to all types of coins, there are some people who prefer daily trading to be able to get quick profits and of course the types of coins traded are coins that have high trading volume so that the price movement is very fluctuating

[Leah38]

I would choose day trading. You can get more profits that way than holding tokens that anytime, value goes down. I would still hold btc and ETH coz I'm confident that their value will recover.

[WalkerIVIV]

Holders are the most profitable in the long term because they are not risking anything. But some traders are good and they can profit on trades between alts and BTC with the goal to gain more Bitcoins even the value of each coin drops.

Are you sure about that? it seems like that is not true right now. The long term holders will be very profitable when they are on the bullish trend of crypto but when they are on the bearish market and so many long term holders will be feeling frustation caused by they were doing nothing but their portfolios were getting dumped to the bottom.
it's not true if long term holders is very profitable.