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Author Topic: Day Trading or Long-term Hodl?  (Read 5293 times)
owmivmen
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February 04, 2020, 05:52:39 PM
 #481

If your analysis is good, you can do a long-term method to invest in crypto. Analaisa is needed to choose coins that you think have the potential later and experience price increases  But what I see are only a few that do long-term trading because market conditions are less stable.
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cytpoway121
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February 04, 2020, 09:13:14 PM
 #482

This depends on what the individual has perfected and gotten accustomed to. For some traders, they are expatriate at day trading, while some traders are experts at buying tokens for long term hodl and profit.

Both involves willingness to research and get prior information spot on.
Either one you choose, ensure you do your own research always.
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February 12, 2020, 07:51:45 PM
Last edit: February 12, 2020, 08:52:25 PM by wellay
 #483

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
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February 12, 2020, 07:54:31 PM
Last edit: February 12, 2020, 08:52:48 PM by juegav
 #484

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
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February 12, 2020, 07:59:03 PM
Last edit: February 12, 2020, 08:53:13 PM by wellay
 #485

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 IT 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 ThreeFold Network. Have you heard of the guys already?
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February 12, 2020, 08:00:34 PM
Last edit: February 12, 2020, 08:53:34 PM by juegav
 #486

As for today, I would say that I am pretty impressed with following IT 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 ThreeFold Network. Have you heard of the guys already?

ThreeFold Network? 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
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February 12, 2020, 08:06:42 PM
Last edit: February 12, 2020, 08:54:03 PM by wellay
 #487

ThreeFold Network? 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

You know, I would probably recommend you to proceed to their website, cause the idea is rather saturated and advanced. In few words, Threefold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. The mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price
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February 12, 2020, 08:07:09 PM
Last edit: February 12, 2020, 08:54:52 PM by juegav
 #488

You know, I would probably recommend you to proceed to their website, cause the idea is rather saturated and advanced. In few words, Threefold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. The mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price

So far indeed sounds interesting, will definitely have a look on my own and get back with own thoughts shortly! Thank you for your recommendation
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February 12, 2020, 08:15:16 PM
Last edit: February 12, 2020, 08:57:55 PM by wellay
 #489

So far indeed sounds interesting, will definitely have a look on my own and get back with own thoughts shortly! Thank you for your recommendation

What I have also noticed - there are no direct competitors that are coming with similar features. So guys look unique
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February 12, 2020, 08:15:50 PM
Last edit: February 12, 2020, 08:58:51 PM by juegav
 #490

What I have also noticed - there are no direct competitors that are coming with similar features. So guys look unique

Sounds bold, this gives higher confidence. Will explore and share
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February 12, 2020, 08:21:45 PM
 #491

In my opinion you should choose trading only if you love this process, if you are talented in it and want to go for it not just for fast profits - you should love this game itself, spend your time with pleasure. Don't treat it like job, otherwise you'd better choose investing.

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February 13, 2020, 09:09:08 AM
 #492

In my opinion you should choose trading only if you love this process, if you are talented in it and want to go for it not just for fast profits - you should love this game itself, spend your time with pleasure. Don't treat it like job, otherwise you'd better choose investing.
Regular trading is not like a hobby. It requires to be disciplined and systematic to make a profit. Simple hodling seems to be more easier way to earn money without permanent risk to lose your earnings on trading, especially using high leverages.
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February 13, 2020, 10:59:54 AM
 #493

In my opinion you should choose trading only if you love this process, if you are talented in it and want to go for it not just for fast profits - you should love this game itself, spend your time with pleasure. Don't treat it like job, otherwise you'd better choose investing.
Regular trading is not like a hobby. It requires to be disciplined and systematic to make a profit. Simple hodling seems to be more easier way to earn money without permanent risk to lose your earnings on trading, especially using high leverages.
For some people and they are considering the trade as their hobby, that depends on the personal opinion and we can't generalize them all of the trade is not like a hobby. It's not always to be a discipline person and what you need to do just always try to maintain your trade properly through use the features that already available on the exchange site.

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July 19, 2020, 08:12:01 PM
 #494

In my personal experience in cryptocurency trading, I would choose to use the short term method because in my opinion this method can generate profits quickly even though a little but has certainty to be able to get profits. because in my opinion this method can generate profits quickly even though a little but has certainty to be able to get profits. than we use the long-term method because it takes a long time and does not have the certainty of being able to benefit in the future.

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July 19, 2020, 08:21:21 PM
 #495

When the market is good, day trading. When the market in bad shape, I have to become a long term holder and wait. Pretty sure a few day traders also sort of becoming long term holders since they make mistakes when brought in too high.
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July 19, 2020, 08:30:46 PM
 #496

I do both, short-term trading only for a few token/coin that have hype, like some time ago I traded on AG8 coins when it was around $0.015 and only a few days the price immediately reached $0.06 because of new exchange, for the long term I only hold top 10 altcoins

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July 19, 2020, 09:24:03 PM
 #497

It is a totally different game than hodling coins. Day traders often use technical indicators by themselves or apply it with news or fundamental analysis. DYOR before diving into trading on daily basis. No easy task

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July 19, 2020, 10:05:07 PM
 #498

I do both, short-term trading only for a few token/coin that have hype, like some time ago I traded on AG8 coins when it was around $0.015 and only a few days the price immediately reached $0.06 because of new exchange, for the long term I only hold top 10 altcoins

yes, its better to do both if we have enough money
buy any coin in good price, sell it a half when we get an enough profit, then hodl the rest of our coin if we believe the coin is good for long term hodl my friend


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July 19, 2020, 10:25:16 PM
 #499

yes, its better to do both if we have enough money
buy any coin in good price, sell it a half when we get an enough profit, then hodl the rest of our coin if we believe the coin is good for long term hodl my friend

Good strategy though. I prefer both actually if you are good at trading then both options are good to make profit. But i will advise choose long term hold option if you are not good at trading. Because crypto trading is much volatility than other trading platform so it's better to know or earn experience about it before you start. And if you about to hold coin then BTC is the best option if you want to hold altcoin then choose from top 10 altcoin like ETH, ADA, XLM or others.
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July 19, 2020, 10:59:42 PM
 #500

When the market is good, day trading. When the market in bad shape, I have to become a long term holder and wait. Pretty sure a few day traders also sort of becoming long term holders since they make mistakes when brought in too high.
The answer of the question depends on the situation of the market and also on the choice of everyone. l mean it is changing from investor to other investor. As you above mentioned when the event of the market is great, it is recommended to make daily trading. On the other hand when the market is bad like right now, long term investing is right choice. l think long term investing is not for everyone, that is why everyone can not be enough patient.

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HACKSAW
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....OVER $2,000,000!....
ALREADY GIVEN AWAY
IN LESS THAN 2 WEEKS
.
....PLAY NOW....
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