Day Trading or Long-term Hodl?

[New_order]

Day trading is very good for making profits every day, out can use the money to make a living just to survive and long term holding is good if you plan to be a future whale someday, I recommend doing both instead, also there is IEO launchpad too that's very profitable

[Festac]

Long term hold can get you no where if you don't take profits, not all the coin you plan to hold for long term will survive and not all coins will bring your expectations, short term hold is better and also keep analysing the coins, some team can be capable today and turned lazy later

[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.

holding long-term will be safe as long as you only hold top-ranking coins because they are already very strong and will certainly continue to be improved over time.

Top ranking coins are good alternatives for investors to choose but that mean they are very strong or continue to improved overtime. Mind you, the top 100 list was once belonged to some coins back in the year 2016 but it now claimed by another coins while some coins still maintain there position.

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.

Long term investment require alot of patience but is definitely a good choice mate when an investor already have the knowledge to select the right coins in the market, it also saves the stress of reading analysis and spending much time on trading. Do you know the profit some long term holder of bitcoin are making now?

Personally, I just prefer to choose the coins in the top 10 coins because those are options that are held by many investors.

Dont be fool by that cause crypto are ranked base on market capital and trading volume. Therefore, centralized coins which was among the top 10 by can be manipulated by a single whale.

[aemma]

The first Important fact I think you should know is that, day trading and long-term holding are world's apart. For day trading you need to be well equipped with the knowledge and skills in order to be successful, it is not something you jump into within a few days of knowing it and expect to make good returns. As for the other one, that is long term holding, it also requires its own ways/things but not as tough as that of day trading because if worst comes to worst, you can easily hold Bitcoin or Ethereum.
However, what I am trying to picture here is that, you need to be good in order to make gains in day trading and also you need to know how to research about projects in order to hold coins that will give you good returns. In my own opinion, the best way to get started with long-term holding is through holding major coins.

[doctor877]

one thing about day trading is that it requires many regular efforts which later become your hubby that will lead to profit.  but long term is to make extensive research about a coin you want to invest into and then keep doing follow up for profit taking and to sell off if need be. both are good.

[pathapoddo]

For the current situation I prefer the day trading instead of long term hodl. Because the market price is going so quick also coming down so fast. In this up-down market if you can find 5-10 good coin than you can easily make some profit everyday.
I am doing this. First I have selected some well known establish coin from Coinmarketcap. All of them are in 1-200 ranking and exchanger I use is Binance. I keep looking on them and buy in deep. Then sell them when I get enough profit. My profit margin is 7-10%+ .