Day Trading or Long-term Hodl?

[judaspriest]

some assets are better for the long term. like I currently have BNB and ETH for the long term. and some new altcoins like CTSI and LINK for my daily trading.

Ethereum and Binance indeed have proven to be very good projects,
for CTSI if the long-term risk is too great because the Cartesi project is just born, I think it's a good decision

[1714775180]

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[1714775180]

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[Taufik blackspade team]

I do both. It depends on the project I invest in. There are projects that are more rewarding when held long term and there are projects also that better shorted right away. One just need to research on what is the term potential of the project and the team running it.

You did the right thing. long-term investment for potential assets in the future. and conduct daily trades to increase the value of assets. I did it too, but there aren't many good altcoins for daily trading. after all exchange, support is also important for daily trading.

[Bes19]

Well it depends on my mood lol Kidding aside, i do day trading sometimes and i also buy tokens or coins for a long term hold.
I do day trading to increase my assets and use it to buy some long term coins.

[wmaurik]

Right now I'm doing day trading. I realize the risk of day trading is quite high, but I think the profit I get from there is better than if I have to do long-term hodl and I always fail to do long-term hodl because usually I'm not patient enough to hold a portfolio on crypto exchange.

[key4co.in]

Right now I'm doing day trading. I realize the risk of day trading is quite high, but I think the profit I get from there is better than if I have to do long-term hodl and I always fail to do long-term hodl because usually I'm not patient enough to hold a portfolio on crypto exchange.

Nice one, the aim of trading is to make profit and the best practice is sticking to what works best for you and not follow the masses. I do scalping/day trading but occasionally especially when there is FA on a coin. Mid term trading works best for me, and I stick to it. Anyone saying day trading is bad or long term investment is bad knows nothing, it actually depends on what works best for you and your level of patience.

[Script3d]

personally i am prefer to long term hold if see current condition on bitcoin and other cryptocurrency price. bitcoin and altcoin now looks good for long term investment, price growth very nice today and in future it could multiple again to maximum level. for day trades its still too risk now and better for long investment if we look how bitcoin price rise from march when its dumped due corona fear till current price.

To me holding long term is riskier than day trading, unless its bitcoin, with day trading you can get still grab your profit and get out if the coin is going downhill, with long term you might end up with negative in the end, yeah you might get moon profits but the chances of that happening is low.

[rahmatullah9305]

Day trading has always been a perfect way to make money with Cryptocurrency even more than you imagined but the truth about it is that its easier said than done, it requires regular monitoring and most of the time been online and I can tell you that not most people have that patient hence they go in for long hodl

Yes, but for a person who can manage his time to trade on a daily basis, he will also get the maximum profit, although basically it needs monitoring in trading, but does not have to monitor up to 24 hours a day, because it will also tire you out as traders in crypto.

[Desscount]

trading is for daily, but for investment you can put it for the long term, it will be very good if you understand it, indeed good trading is in the spot market, because you can trade and invest, but if you are in futures trading, then you are required to have stop lose

[distr@yopmail.com]

trading is for daily, but for investment you can put it for the long term, it will be very good if you understand it, indeed good trading is in the spot market, because you can trade and invest, but if you are in futures trading, then you are required to have stop lose

for daily trading, it seems different. You must specify a time or limit to get out of the market. sometimes if you trade daily then you will often go with the flow of the market. and that can trap us in a trade.

[Chukwunonso]

The issue is that day trading can also be a risky venture when you go against the odds. There's tendency to make quick buck trading daily, but it also pose the risk of one losing out in a pump when it comes on a project you hold. Imagine one holding btc or ethereum, bought around January this year, the increase now is over 300%. My submission is for one to be flexible and take advantage of what comes.

[Greatdev]

I engage in both, day trading is for my survival, I do this almost every day and as for long term hodl I choose few reliable altcoins and Bitcoin of course for a long time holding, it's advisable to do both to maximize your results

[Mrchristo]

I consider day trading more lucrative but riskier. Day trading exposes one to the volatility of the market and could lead to excess losses, if one is not careful or skillful in trading. The long term hold on the other hand could give one the opportunity to stake a side based on experience and expectations.

[Nesbee2]

I prefer long term hold but for a good project , like holding , BCH ,ETH , BTC, LTC and other serious coins and token. This is because to me  day trading takes time and good analysis. if you are not good in analyzing the market yet you enter day trading you make end up losing all your funds that is my opinion.

[Jannyh]

Well, I wouldn't say any is best,it depends on how well you know how to trade especially when it comes to day trading, if you are good with that ,then go for it,but if not,long term would be best ,imagine you are still holding your AWC from 2019 to 2020, you will be happy you held,so it depends on which works out for you.

[Kong Hey Pakboy]

I prefer long term hold but for a good project , like holding , BCH ,ETH , BTC, LTC and other serious coins and token. This is because to me  day trading takes time and good analysis. if you are not good in analyzing the market yet you enter day trading you make end up losing all your funds that is my opinion.

I also prefer long-term hold because if the project or a coin is promising enough it could give you a good profit in the future like Bitcoin, Ethereum and other top cryptocurrencies in the market. Unlike day trading it is more risky rather than long-term holding, especially if you are an inexperienced trader that you have a difficulty analyzing the market charts, and you will only end up losing your funds.

[mt55]

There is nothing about the process that hinders you from doing both, especially given long term doesn't consume that much time relative to the holding period(s)

[posi]

personally i am prefer to long term hold if see current condition on bitcoin and other cryptocurrency price. bitcoin and altcoin now looks good for long term investment, price growth very nice today and in future it could multiple again to maximum level. for day trades its still too risk now and better for long investment if we look how bitcoin price rise from march when its dumped due corona fear till current price.

To me holding long term is riskier than day trading, unless its bitcoin, with day trading you can get still grab your profit and get out if the coin is going downhill, with long term you might end up with negative in the end, yeah you might get moon profits but the chances of that happening is low.

Long term holding is still the safer and newbie method in crypto investment the skills involve are not many (just to know how to select perform coin in the market) while day trading require alot of skills in FA/TA. However, every form of crgpto trading are risk due to the volatility in nature of crypto itself.

[Denamen]

personally i am prefer to long term hold if see current condition on bitcoin and other cryptocurrency price. bitcoin and altcoin now looks good for long term investment, price growth very nice today and in future it could multiple again to maximum level. for day trades its still too risk now and better for long investment if we look how bitcoin price rise from march when its dumped due corona fear till current price.

To me holding long term is riskier than day trading, unless its bitcoin, with day trading you can get still grab your profit and get out if the coin is going downhill, with long term you might end up with negative in the end, yeah you might get moon profits but the chances of that happening is low.

Long term holding is still the safer and newbie method in crypto investment the skills involve are not many (just to know how to select perform coin in the market) while day trading require alot of skills in FA/TA. However, every form of crgpto trading are risk due to the volatility in nature of crypto itself.

Long-term investment is not a good choice but this is the easiest way to make a profit for all investors. I think the market is in the best condition and certainly an opportunity for you to consider buying some potential coins in the market. Personally, I just prefer to choose the coins in the top 10 coins because those are options that are held by many investors.

[BigBos]

in fact, when ethereum prices exceeded $ 300, I decided to hold it in the long run. to be honest, I had sold several assets before the price went up, and I thought that was a slightly bad decision. however, I still have some assets at the moment, and I think I will hold it in the long run.

[WinBIts]

There is nothing about the process that hinders you from doing both, especially given long term doesn't consume that much time relative to the holding period(s)

Brilliant stuff, I do think the same. But it took me several years before realizing I don't have to choose one/switch between those two.
So if you do both it comes a lot more natural, because you can sort of process each coin independently and choose right strategy