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Author Topic: Day Trading or Long-term Hodl?  (Read 5328 times)
Bezobraznike
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January 12, 2020, 09:57:12 PM
 #461

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.

   There are many ways for growing your assets, trading is just one of them, and you chose the most risky one to present. I think that
trading is not for everyone, you need to have skills, some knowledge, and to have time for that. Trading is not for me, I like to invest
and hold my crypto-assets, my way of growing is money I earn from my job.
   Each of us should find the best way for growing our portfolios, I find my own and I am glad if you find yours in trading, I wish you
successful trading year!



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[15.00000000 BTC]


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Rainbot
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January 12, 2020, 11:18:58 PM
 #462

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.
Long term investments should be using money from trading, it will put you at a lower risk of loss than you are using money for your life, think before you act

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January 12, 2020, 11:47:07 PM
 #463

For you to become successful in day trading, you must be well equipped with a proper information about it because it is kinda hard to pull of. The income in day trading is huge because you are earning money every single day if your prediction is correct. Sometimes it is risky that is why I do not want it. Unlike long term holding, all you need to do is to buy low and sell high.

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January 13, 2020, 07:58:41 AM
 #464

I am a long-term hodler. But, sometimes I'm trading for some coins if it profitable at that time. So, me is most are long-term hodl despite a day crypto trader.
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January 13, 2020, 08:05:47 AM
 #465

For you to become successful in day trading, you must be well equipped with a proper information about it because it is kinda hard to pull of. The income in day trading is huge because you are earning money every single day if your prediction is correct. Sometimes it is risky that is why I do not want it. Unlike long term holding, all you need to do is to buy low and sell high.
Day trading and long term trading do the same thing which is buying low and selling high. They only differs from the difficulty of making money. Yes, both them are profitable but day trading is not for the newbies or even traders who have limited experience because it is so risky and you need a lot of experiences and knowledge so you will be able to compete with tough and expert traders when it comes to day trading.

 
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January 13, 2020, 09:44:56 AM
 #466

It is very difficult to make daily transactions. Because BOTs do the daily operations. It is very difficult for us to reach them by human hand. I think it makes sense to invest long term. Altcoin prices are at reasonable levels for purchase.
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February 03, 2020, 05:19:02 PM
 #467

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 trading it is very necessary expertise in analyzing the various altcoins that we want to invest. because there is a type of altcoin that we can trade in a day and there is an altcoin that we can trade for a long time. because in my opinion not all types of altcoin have the same nature and popularity and every altcoin that is launched has its own product so that the growth of altcoin is very dependent on the quality of the product being launched.

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February 03, 2020, 06:51:05 PM
 #468

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 trading it is very necessary expertise in analyzing the various altcoins that we want to invest. because there is a type of altcoin that we can trade in a day and there is an altcoin that we can trade for a long time. because in my opinion not all types of altcoin have the same nature and popularity and every altcoin that is launched has its own product so that the growth of altcoin is very dependent on the quality of the product being launched.
It is actually depending on the person of what is a good or better way for him. Depending on the technique of a person on what he learned when he is here gaining information. Trading is really a difficult way to earn crypto because we cannot easily predict what's gonna happen in the future so there are some people prefer day trading than long term because they are thinking that the profit is too slow but there are some people prefer long term holding because they have believed in a particular project they support that the price will gonna pump in the future. It is depending on the altcoin you are supporting also. Analyzing and deciding is the difficult situation that any traders can experience.

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February 03, 2020, 07:02:47 PM
 #469

seems like you picked up a wrong coin  . sad to hear that your 100 usd is now 2 usd  but you are not alone with that  and that is normal for an investor to make a mistake sometimes when picking up a coin  . good thing you learn how to do day trade    . trading is more better than hodling but you still need to pick a right coin but even if you pick a bad one let say , you can still dispose it asap not unlike to hodling that you need to wait for a long time to see if the coin pump before you sell it  . 
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February 03, 2020, 07:19:54 PM
 #470

Day trading can be very good but it comes with a lot of risk. You need to learn the necessary skills that will make day trading a profitable one for you.

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February 03, 2020, 08:10:18 PM
 #471

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 Wink
Day trading is huge profitable for big investors i think, small investment quite more risky i think. I will ensure at least i have no loss if my initial investment is thousands dollar. I can not make small or big profit in everyday. If you are professional trader so that possible. Personally i am not looking for profit in single day, this is likes greedy trade.
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February 03, 2020, 09:58:52 PM
 #472

Day trading can be very good but it comes with a lot of risk. You need to learn the necessary skills that will make day trading a profitable one for you.
not all coins you can trade on a daily , only coins that have a large trading volume that can provide profit,
but if the market situation like now that is Bitcoin is consolidating then daily trading is very good, I also do it
Handsome Boy
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February 03, 2020, 10:44:51 PM
 #473

I divide my investment into two, that is day trading and long term hold, because I invest in two different types of coin :
1. Day Trading
I will do day trading with coin that have a high volume, because by trading on coin that have a high volume, then I will definitely get profit quickly and easily.
2. HOLD
I will buy and hold coin that are still new and the volume is not high, but the coin has a good project for the future, because I believe the price will definitely increase very high and give me a very big profit, although I must be patient to wait for the long term.
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February 04, 2020, 06:38:22 AM
 #474

Patience always win. Yes it is true that long term always pay you better than you every time sitting arround your computer or device and keep trading. This is my personal experience that when ever i was doing day trading for a month and than i compare to that one coin which i was sold before the time is more valuable where i was left it and was doing daily trading.
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February 04, 2020, 07:21:53 AM
 #475

They are both good but I prefer day trading, as risky as it is you an easily add more to your portfolio with trading instead of waiting for months and hoping that market changes for better, with day trading you will feel at ease

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February 04, 2020, 03:13:36 PM
 #476

In my opinion, the things that matter are not only exchanges, but more the tokens that are listed on them. And talking about tokens, what do you pay attention to the most, guys?
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February 04, 2020, 03:19:42 PM
 #477

In my opinion, the things that matter are not only exchanges, but more the tokens that are listed on them. And talking about tokens, what do you pay attention to the most, guys?

Hey mate. This is indeed an interesting question to discuss. What I would say - much depends on particular solution also because of its aims. For example, talking about me, I follow the real coins only. The ones that bring value and the ones that have working platform. And of course real trading volume is one of the main factors that can tell more about every particular token or coin
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February 04, 2020, 03:21:50 PM
 #478

Hey mate. This is indeed an interesting question to discuss. What I would say - much depends on particular solution also because of its aims. For example, talking about me, I follow the real coins only. The ones that bring value and the ones that have working platform. And of course real trading volume is one of the main factors that can tell more about every particular token or coin

Oh yes, fully agree with you here. And talking about you, are there many advanced tokens that are having high trading volumes, coming with advanced idea and having real results?
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February 04, 2020, 03:26:27 PM
 #479

Oh yes, fully agree with you here. And talking about you, are there many advanced tokens that are having high trading volumes, coming with advanced idea and having real results?

Nope, not many. I believe that the only one that meets all these requirements is Verasity (VRA token). Guys are basically setting entirely new standards on video sharing industry with being the highest tradable token on Binance DEX, more than 1,3M viewers in less than a year and having more than 700k active users. This is what I call real solution and I definitely recommend you to have a look at their website to check out more, but I am pretty sure that you must have heard of the guys already, they are very widely discussed these days everywhere
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February 04, 2020, 03:29:07 PM
 #480

Nope, not many. I believe that the only one that meets all these requirements is Verasity (VRA token). Guys are basically setting entirely new standards on video sharing industry with being the highest tradable token on Binance DEX, more than 1,3M viewers in less than a year and having more than 700k active users. This is what I call real solution and I definitely recommend you to have a look at their website to check out more, but I am pretty sure that you must have heard of the guys already, they are very widely discussed these days everywhere

Oh wow, this sounds insane, I am more than impressed. Will definitely have a closer look, thank you for the recommendation
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