Day Trading or Long-term Hodl?

[uray]

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

The main priority is the expertise in trading, if you are really aware of the market movement then you can make the profit you are looking for if you are an expert in a field and if you are not an expert then long term is the best way to proceed with things, it is difficult to access all the data in the crypto market as it is relativity new than the rest of the market and hence to be an expert it is an hurdle for common people who are not having a base in mathematics.

[ven7net]

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.

I also owned SNTR, but I could make money on it. As for the cryptocurrency profit strategy, there may be different opinions and directions. Personally, I know for sure that in order to get the correct information about the success and failure of a cryptocurrency, you need to follow the official information from admins. I also did this with SNTR, I remember how they did not have their first ICO and they suggested that investors either pick up their money or wait for a restart. Many took the money, and some like me stayed and were able to sell tokens after when he went public. But for this it was necessary to follow the information from the admins.

[Ridwan.P]

13 Months ago, indeed, almost all altcoin prices were high. You are not wrong if you buy at that time, because indeed almost all projects are in good condition or provide hope in the future. However, you can take lessons if you want to hold a coin in the long-term, it's better to always pay attention to the price of the coin.

I am more interested in trading short-term than long-term if for coins or bounty tokens. Except for altcoin which is often traded by many people, it is better in the long-term.

[volport]

What I believe here - not just waiting matters, but more exploring. For example, talking about me, I am not just focusing on one or another new product, but choosing the industry and start exploring. So basically, with such an approach I can get deeper into the market. And these days there is a strong product on almost any market

[govorrue]

What I believe here - not just waiting matters, but more exploring. For example, talking about me, I am not just focusing on one or another new product, but choosing the industry and start exploring. So basically, with such an approach I can get deeper into the market. And these days there is a strong product on almost any market

And what markets are you now following from the growing ones? Probably even any solutions you can recommend? Cause I am not an expert, so would definitely be interested to talk to experienced person here

[Crypto5060]

That's the inherent risks in crypto. Whether you choose to hold or to trade, you will be exposed to certain levels of risks but while holding could take a longer time, trading risks can occur in shorter time.

[volport]

And what markets are you now following from the growing ones? Probably even any solutions you can recommend? Cause I am not an expert, so would definitely be interested to talk to experienced person here

As for today, I would say that I am pretty impressed with following exchanges and wallets solutions market growth. I am following solutions for several months already, as for the most interesting ones, I would probably recommend you to have a look at GetHashWallet. Have you heard of the guys already?

[govorrue]

As for today, I would say that I am pretty impressed with following exchanges and wallets solutions market growth. I am following solutions for several months already, as for the most interesting ones, I would probably recommend you to have a look at GetHashWallet. Have you heard of the guys already?

GetHashWallet? Hmm, no, seems that I haven't heard of the guys. What exactly are they coming with? Can you elaborate a bit more on their idea itself? And probably on what attracts you the most

[volport]

GetHashWallet? Hmm, no, seems that I haven't heard of the guys. What exactly are they coming with? Can you elaborate a bit more on their idea itself? And probably on what attracts you the most

Yes, of course. In few words, guys are coming with secure and private hardware that allows you to secure crypto funds. The device is non-programmable and arrow certified. There was a fundraising on Indiegogo. And what is more, product is already available for sale, so everything can be tried out. I definitely recommend you to have a look at their website to have a deeper understanding

[govorrue]

Yes, of course. In few words, guys are coming with secure and private hardware that allows you to secure crypto funds. The device is non-programmable and arrow certified. There was a fundraising on Indiegogo. And what is more, product is already available for sale, so everything can be tried out. I definitely recommend you to have a look at their website to have a deeper understanding

Hmm, sounds interesting, let me have a look on my own as well and get back with own thoughts. Thank you for your recommendation

[XCANA]

Based on what have happened from 2018 to 2019, I have come to a conclusion that; holding for a long term will make more profits than to trade, except if the trader actually know what he's or she's doing in the world of cryptocurrency. Am a good long term holder and partly a trader.

[secone]

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.

Cryptoworld is not easy as you think, some people get fortune because join and buying bitcoin before last halving and now become a millionare.

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.

Ian Balina just a lucky person who promote new ico and get money from promotion, he also buy the coin/token then he share it on his social media, people following ian to buy it then he can get profit from it too.

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.

i have experience in daily trade earning arround 0.01-0.05 perday with 1bitcoin capital, its not easy too, but you can try it.
just start it by little amount, after you get your own strategy you can rising the capital to maximaze your profit.

[lousie9]

I do both, I have very short-term tokens that I buy and sell under hours and those that I purchase because I believe they are technically and practically good.  Many I buy and sell in the space of days are those with news / events that could theoretically boost prices, then I dump them just before the event. I recommend you stay very far away from day trading if you don't have the knowledge of technical analysis, it's an easy way to lose hard-earned money.

Well, a strong analysis really helps us when doing daily trading because with this expertise we can get good enough data and of course we can take a stand whether we will sell or buy certain coins to take advantage today, but all of that certainly requires time and hard work because we are required to continue to monitor the progress of the coin so that we do not lose the moment, in contrast to long-term trading that only waits at a high price even though it takes a long time to reach that price.

[bitzizzix]

I do both, I have very short-term tokens that I buy and sell under hours and those that I purchase because I believe they are technically and practically good.  Many I buy and sell in the space of days are those with news / events that could theoretically boost prices, then I dump them just before the event. I recommend you stay very far away from day trading if you don't have the knowledge of technical analysis, it's an easy way to lose hard-earned money.

Well, a strong analysis really helps us when doing daily trading because with this expertise we can get good enough data and of course we can take a stand whether we will sell or buy certain coins to take advantage today, but all of that certainly requires time and hard work because we are required to continue to monitor the progress of the coin so that we do not lose the moment, in contrast to long-term trading that only waits at a high price even though it takes a long time to reach that price.

Things like that have become the obligation of those who do daily trading and always spend time and read market movements and analyze them to choose potentially profitable coins.
but the market situation also influences the development of coins and must take action or anticipate to choose other methods to remain profitable, and in my opinion for the current market situation, medium and long term trading is the right choice and but it all depends on the expertise of each to taking advantage of the market situation under any circumstances and in trading requires strong patience.

[PrissMCclen]

Both are great I mean have tested the both and they worked just fine for me but I prefer long term because it consumes less time, and less stress.

[letyouearn]

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.

You've just entered the market in a wrong moment, relax
All the crypto millioners bought their crypto in early 2017 or even earlier. Take your chance now, it's just the same successful time now I think. It's not very important what coins exactly you buy, the market is dumped to hell. Buy low, sell high.

[oscarftw]

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.

If you do trade from now that will be great. We're getting closer of Bitcoin halving time. If you have no time to waste in cryptocurrency than long time holding is better. By long time holding you can't earn any experience that you can apply in bull market. Right decision to do trade before start halving time.

[Bitcoinislife09]

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.

I think when it comes to altcoins it is more likely to hold for just a short time investment since this altcoin is great for day trading in the market and you could easily get a profit daily. Also, you could try popular altcoins in the market that you could hold for long term investment since it already has a big market and investors.

Based on what have happened from 2018 to 2019, I have come to a conclusion that; holding for a long term will make more profits than to trade, except if the trader actually know what he's or she's doing in the world of cryptocurrency. Am a good long term holder and partly a trader.

I don't agree I have altcoins investment in poloniex.com and year have past doesn't really make a good profit, in my opinion, considering it takes years of investment.

[gwaposakon]

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.

I have a similar experience with my investment. Several of my cryptos are way below its value when I bought them years ago thinking that long-term hodling would be an option. That's why I'm into day trading right now. With the erratic and speculative nature of the crypto market and good sense of projecting prices in the market, day trading has been a good investment for me.

[Mealea]

I have always tell people that the crypto sphere is not just about holding especially on a long term. We must learn how to increase our assets by trading it. If you are not careful, holding for a long term can make you lose your asset.