Bitcoin Forum
May 08, 2024, 03:22:12 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 16 17 18 »  All
  Print  
Author Topic: Daytrading vs Holding  (Read 3382 times)
seleme
Legendary
*
Offline Offline

Activity: 2772
Merit: 1028


Duelbits.com


View Profile WWW
July 18, 2021, 08:46:30 PM
Last edit: July 19, 2021, 10:52:34 PM by seleme
 #141

It's probably more than just the situation, it's more of a how are you as a person when it comes to investments because if you don't exactly know how you are for long-term or short-term then you will end up choosing the wrong thing of the two which is going to be unprofitable for you.
And that also can result with a good experience and lesson if that person who ended up badly wants to take another try.

It's important to distinguish your focus on the market, as a day trader or a holder. Everyone can be an easy holder but not an easy trader since it's requiring more actions than the usual holding.
Probably it depends on personal taste, the more you trade the easier it gets to feel the next market trend on smaller timeframes. Holders can make the same ROI in few months with the day trader who spend his time to analyze the market staring the screen for long hours. Focusing on the market and letting the market bring you whatever it can is easier for all types of traders. HODL and long term trading are two different phases, the HODL can be a lot longer than few years but long term trading can be adjusted based on the market and portfolio performance, IMO.

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
       +4,000      
PROVABLY FAIR
GAMES
   $500,000  
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
BitcoinCleanup.com: Learn why Bitcoin isn't bad for the environment
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715138532
Hero Member
*
Offline Offline

Posts: 1715138532

View Profile Personal Message (Offline)

Ignore
1715138532
Reply with quote  #2

1715138532
Report to moderator
1715138532
Hero Member
*
Offline Offline

Posts: 1715138532

View Profile Personal Message (Offline)

Ignore
1715138532
Reply with quote  #2

1715138532
Report to moderator
1715138532
Hero Member
*
Offline Offline

Posts: 1715138532

View Profile Personal Message (Offline)

Ignore
1715138532
Reply with quote  #2

1715138532
Report to moderator
Ryker1
Sr. Member
****
Offline Offline

Activity: 1918
Merit: 442


Eloncoin.org - Mars, here we come!


View Profile
July 18, 2021, 08:59:16 PM
 #142

Probably it depends on personal taste, the more you trade the easier it gets to feel the next market trend on smaller timeframes. Holders can make the same ROI in few months with the day trader who spend his time to analyze the market staring the screen for long hours. Focusing on the market and letting the market bring you whatever it can is easier for all types of traders.
Well, they are both the same that you can get ROI, but the difference is the time frame when you can get it. If you want to hurry to see your ROI, trading is the best part of you than investing and hold for a long time. They had always opposite reactions because trading is very risky while investing is less of a risk. However, there are too many people who like trading than investing even though they know that the risk to too high in trading as far as the ROI will potentially get if you are very lucky.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
seleme
Legendary
*
Offline Offline

Activity: 2772
Merit: 1028


Duelbits.com


View Profile WWW
July 18, 2021, 09:12:44 PM
Last edit: July 19, 2021, 10:50:36 PM by seleme
 #143

Probably it depends on personal taste, the more you trade the easier it gets to feel the next market trend on smaller timeframes. Holders can make the same ROI in few months with the day trader who spend his time to analyze the market staring the screen for long hours. Focusing on the market and letting the market bring you whatever it can is easier for all types of traders.
Well, they are both the same that you can get ROI, but the difference is the time frame when you can get it. If you want to hurry to see your ROI, trading is the best part of you than investing and hold for a long time. They had always opposite reactions because trading is very risky while investing is less of a risk. However, there are too many people who like trading than investing even though they know that the risk to too high in trading as far as the ROI will potentially get if you are very lucky.
Well, the day trader gets for example 30 pips a day(for simplification) while the swing trader gets the 1000 pips per month just for following the trend. If the trend is up and there is no enough correction to trade the best option is to join the trendmakers instead of scalping on smaller timeframes. Regarding the risk, it is risky to wait for reversal and cut the losses on small timeframes compared to long-term well-planned trades, IMHO.

The more we trade commission paid to broker, exchange becomes bigger and add the commissions to the total loss at the end of the week. For the lower commission, long-term traders will get a higher return on the investment while you will waste your time staring at the screen as a day trader. Sounds like a fair deal for whales but the situation is a bit different for small investors.

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
       +4,000      
PROVABLY FAIR
GAMES
   $500,000  
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
Ziskinberg
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 636


For campaign management look for Little Mouse!


View Profile
July 18, 2021, 09:26:16 PM
 #144

Probably it depends on personal taste, the more you trade the easier it gets to feel the next market trend on smaller timeframes. Holders can make the same ROI in few months with the day trader who spend his time to analyze the market staring the screen for long hours. Focusing on the market and letting the market bring you whatever it can is easier for all types of traders.
Well, they are both the same that you can get ROI, but the difference is the time frame when you can get it. If you want to hurry to see your ROI, trading is the best part of you than investing and hold for a long time. They had always opposite reactions because trading is very risky while investing is less of a risk. However, there are too many people who like trading than investing even though they know that the risk to too high in trading as far as the ROI will potentially get if you are very lucky.
Well, the day trader gets for example 30 pips a day(for simplification) while the swing trader gets the 1000 pips per month just for following the trend. If the trend is up and there is no enough correction to trade the best option is to join the trendmakers instead of scalping on smaller timeframes. Regarding the risk, it is risky to wait for reversal and cut the losses on small timeframes compared to long-term well-planned trades, IMHO.
In short, it all boils down to your skills in trading, if you have the skills in day trading and you have proven yourself that you can be profitable, then we can assume that day trading is more profitable for you as the market is so volatile and you have more opportunity to make profit compared to holding or long term trading.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
jossiel
Hero Member
*****
Offline Offline

Activity: 2982
Merit: 632


Seabet.io | Crypto-Casino


View Profile
July 19, 2021, 10:08:34 AM
 #145

It's probably more than just the situation, it's more of a how are you as a person when it comes to investments because if you don't exactly know how you are for long-term or short-term then you will end up choosing the wrong thing of the two which is going to be unprofitable for you.
And that also can result with a good experience and lesson if that person who ended up badly wants to take another try.

It's important to distinguish your focus on the market, as a day trader or a holder. Everyone can be an easy holder but not an easy trader since it's requiring more actions than the usual holding.
Probably it depends on personal taste, the more you trade the easier it gets to feel the next market trend on smaller timeframes. Holders can make the same ROI in few months with the day trader who spend his time to analyze the market staring the screen for long hours. Focusing on the market and letting the market bring you whatever it can is easier for all types of traders.
So you choose what makes you comfortable.

Are you going to be a day trader or be a simple holder that just watches the market's situation without any need to panic if it starts to drop a lot.

Well, many have already tried to become a holder and it's been worthwhile with all of those experiences that I've got from it.

peter0425
Sr. Member
****
Offline Offline

Activity: 2646
Merit: 446



View Profile
July 19, 2021, 12:48:05 PM
 #146

It is not debatable because we all have our own way on how we wanted to deal with our investments .

Daytraders usually the people we can call as Risk takers because they can let their money goes with unexpected outcomings.

Holders Usually the people that loves to risk but willing to wait and this is much safer than the first.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
freedomgo
Legendary
*
Offline Offline

Activity: 3094
Merit: 1144



View Profile
July 19, 2021, 01:36:13 PM
 #147

It is not debatable because we all have our own way on how we wanted to deal with our investments .

Daytraders usually the people we can call as Risk takers because they can let their money goes with unexpected outcomings.

Holders Usually the people that loves to risk but willing to wait and this is much safer than the first.
And it is our decision which one we feel we are better at and we can perform so well.
I'll take them both but base on my experience, Holding is best for me as I kept on losing in trading no matter I choose reliable coins. Trading needs more special skill and depth of market knowledge and I know that not all of us have that stuff.

Holding might think it was so easy, but mostly we find it wrong because if you are also an impatient person, it definitely a big struggle for you.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Dewi Aries
Legendary
*
Offline Offline

Activity: 2688
Merit: 1091


Leading Crypto Sports Betting & Casino Platform


View Profile
July 19, 2021, 01:36:28 PM
 #148

I can't trade well, then what i do is only holding. Honestly i don't know what taxes is, because in crypto market i think day trade and holding have same percentage about fees, if not want to pay less we can be taker which we who put order and let others take out our order and be maker.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Victorycoin
Hero Member
*****
Offline Offline

Activity: 1134
Merit: 517



View Profile
July 19, 2021, 01:54:24 PM
 #149

Traders jump in and out of stocks in weeks days and even minutes with the goal of making short term profits they often focus on the technical factors of a stock rather than a long term prospect of traders holding is the best way to move forward and how traders can make a profit from this move. Here you can hold the currency of your choice there is no possibility of reduction if the price increases you will get profit.
roosbit
Member
**
Offline Offline

Activity: 891
Merit: 43

Random coins :)


View Profile
July 19, 2021, 03:12:51 PM
 #150

If am to compare Daytrading and Holding in terms of risk and rewards involved,  Daytrading has a component of high risk and high reward while Hodlers take the low risk and low reward which many of us see as the undesirable and long route.

Holding is the best strategy for those who don't want to trade or can't trade.
Besides not knowing  how to trade or not wanting to trade, holding could also be considered less stressful and a safer option as you don't need to be looking at charts regularly or required to have the technical knowledge on how to go about it.
qwertyup23
Hero Member
*****
Offline Offline

Activity: 2240
Merit: 787



View Profile
July 19, 2021, 03:21:06 PM
 #151

I've tried both, but for me daytrading is to nerve wrecking.

Depends upon the experience though but I do agree with you.

I remember I tried daytrading and risked about $100 worth of BTCs and I lost like $20 in the process. I mean, the sky's the limit in terms of potential income. But the risk attached to it is really not worth it in my case especially that I was just a beginner.

HODLING, on the other hand, presented me with huge success so far. I started HODLing some of my BTCs back in 2017 and its price just skyrocketed on its own. Unfortunately, I sold most of my BTCs before it reached the $20,000 mark but it still presented me with some profit at the end.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Pasa32
Member
**
Offline Offline

Activity: 140
Merit: 12


View Profile
July 19, 2021, 05:14:55 PM
 #152

Holding is best for those who has not so much time tobread charts, project sentiment and specially for those who has not much time like me.
However daytime trading is much beneficial than Holding. I use daytime trading when free .

►           ►     enVoy        ▐ │     Sustainably Green Trust in Trade     │ ▌     ◄           ◄
►            ██  WHITEPAPER       ██  TWO PAGER       ██  TOKEN DECK            ◄
[v]  Facebook     [v]  Twitter     [v]  Telegram     [v]  Medium     [v]  Linkedin     [v]  Reddit
monineklutak
Sr. Member
****
Offline Offline

Activity: 1890
Merit: 252


The OGz Club


View Profile
July 19, 2021, 06:14:01 PM
 #153

Probably it depends on personal taste, the more you trade the easier it gets to feel the next market trend on smaller timeframes. Holders can make the same ROI in few months with the day trader who spend his time to analyze the market staring the screen for long hours. Focusing on the market and letting the market bring you whatever it can is easier for all types of traders.
Well, they are both the same that you can get ROI, but the difference is the time frame when you can get it. If you want to hurry to see your ROI, trading is the best part of you than investing and hold for a long time. They had always opposite reactions because trading is very risky while investing is less of a risk. However, there are too many people who like trading than investing even though they know that the risk to too high in trading as far as the ROI will potentially get if you are very lucky.
Well, the day trader gets for example 30 pips a day(for simplification) while the swing trader gets the 1000 pips per month just for following the trend. If the trend is up and there is no enough correction to trade the best option is to join the trendmakers instead of scalping on smaller timeframes. Regarding the risk, it is risky to wait for reversal and cut the losses on small timeframes compared to long-term well-planned trades, IMHO.
In short, it all boils down to your skills in trading, if you have the skills in day trading and you have proven yourself that you can be profitable, then we can assume that day trading is more profitable for you as the market is so volatile and you have more opportunity to make profit compared to holding or long term trading.
Yes either day trading or holding it can make profit and it depends how we usually make profit,
besides that the coins we have will affect our strategy,
let's just say if we have bitcoin and ethereum I think it's better for us to hold on to long term

The OGz Club▄█████████████████████████████▄
███████████████████████████████
███████████████████████████████
███████████████████████████
███████████████████████████████
███████████████████████████████
████████████▀███▀████████████
██████████████▀█▀██████████████
████████████▄▄▄▄████████████
██████████████████████████████
███████████████████████████████
████████████████████████████
▀████████████████████████████▀
The 1st & Only #MemeFi Project
Website   ◢ Reddit   ◢ Telegram   ◢ Twitter   ◢ TikTok   ◢ Facebook

██████    ██
██
██
██
██
██
██
██
██
██
██████████
       ▄▄▄██▄▄▄
    ▄███████████▄
    █████████████▄
   ███████████████
▄█████████████████▄
▀▀▀▀█████████████▀██
    ▀█████████████▄
    ▄▀█████████████▄
   █▀ ▀▀▀██████████▌
▐███    ▄█████████▀▀
 ▀▀     ▄█████▀▀
       ███▀▀
      ██▀

██████
██
██
██
██
██
██
██
██
██
██████
freedomgo
Legendary
*
Offline Offline

Activity: 3094
Merit: 1144



View Profile
July 19, 2021, 07:45:44 PM
 #154


Yes either day trading or holding it can make profit and it depends how we usually make profit,
besides that the coins we have will affect our strategy,
let's just say if we have bitcoin and ethereum I think it's better for us to hold on to long term

If you do both, it's still good for you, if you are good in short-term trading, I'm pretty sure you are better in long-term holding or investment. Enough knowledge of the market will bring you profit in the long run, and if you try to master, you should master day trading as due to market volatility, day trading would always bring more opportunities to make money.

Long term trading takes years for you to earn, at least we have to be conservative as the best market situation where we can maximize our profit is on a bull run, and you might still not be satisfied with what you earn when that time comes due to your small capital, but if you keep growing that through day trading, you can easily achieve your target profit.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
AakZaki
Legendary
*
Offline Offline

Activity: 2310
Merit: 1076


zknodes.org


View Profile WWW
July 19, 2021, 09:08:47 PM
 #155

It is not debatable because we all have our own way on how we wanted to deal with our investments .

~snip~
You are right. Everyone has their own way of trading. They have a technique they like and what they think is best. I myself am always learning now I use three techniques, day trade, weekly and arbit. Of the three techniques it must have a profit and loss target management. It aims to reduce failure. In addition, emodi control is also very influential in trading. Don't be greedy, don't be in a hurry, if you can't control it all you will lose.
DibiaVxosis
Member
**
Offline Offline

Activity: 187
Merit: 10


View Profile
July 19, 2021, 10:40:16 PM
 #156

Holding is the best strategy for those who don't want to trade or can't trade.

Holding pays off, other trading can go either way. Daytrading specifically is a bit of a hard thing to do (trading intra day can be difficult). Dcaing or other tactics can be a lot easier to carry out and tactics like "buy the fear, sell the silence" might even work better than some day trading.
Well i think most times it depends on individuals, like you already said to person who can't trade, holding is the best for them because there have no option, if there trade there will accumulate more loosing trades. For a person who knows how to trade might earn so much from trading due to his experience and the market decision, such a person might earn huge from trading than holding.

lightning0
Jr. Member
*
Offline Offline

Activity: 71
Merit: 5


View Profile
July 20, 2021, 02:50:18 AM
 #157

Daytime operation income is 50%, holding income is 5%. This is very likely to happen, and I call this kind of forecasted return a legend.

The fact is that if we continue to trade, the return is indeed not as high as the long-term holding return. The trading turnover rate is generally 100%-200%, and there are often many wrong decisions in such frequent operations.

So in my trading philosophy, I will choose 2-3 value coins and keep them, regardless of price or fluctuation, and put them in my wallet. After 2 years or longer, I will reconsider whether to continue holding. This is what many veterans told me about their experience.

I want to say that if you want to get more profits in this market, you must hold it for a long time.
tbct_mt2
Hero Member
*****
Offline Offline

Activity: 2324
Merit: 835


View Profile WWW
July 20, 2021, 03:30:25 AM
 #158

Daytime operation income is 50%, holding income is 5%. This is very likely to happen, and I call this kind of forecasted return a legend.
Trading is hard and very little traders can get success with trading. You must be an expert in trading to gain from your tradings. If you are not professional and experienced, disciplined, you will get loses.

Quote
The fact is that if we continue to trade, the return is indeed not as high as the long-term holding return. The trading turnover rate is generally 100%-200%, and there are often many wrong decisions in such frequent operations.
The more time you spend to trade, the more faults you can make.

You should have a max hours each day you stay in front of the screen and look at chart.
You should have a max number of trade each day.

Win or lose, after you reach the max (hours, trades), that day is finished and you should do other things, stop trading.

Quote
So in my trading philosophy, I will choose 2-3 value coins and keep them, regardless of price or fluctuation, and put them in my wallet. After 2 years or longer, I will reconsider whether to continue holding. This is what many veterans told me about their experience.
What you do is HODLING, not Trading.
conected
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 503



View Profile
July 20, 2021, 02:21:25 PM
 #159

in my opinion if you have a lot of time to always see the price movements of cryptocurrencies at the exchange then you can apply short-term trading or day trading, but if you don't have much time to see cryptocurrency price movements at the exchange then you can apply trading long term by holding potential coins for a very long time.
- Flexible time can be a plus but you should also consider the details of our knowledge, quite a lot of people here have flexible time, even a lot of time each day to attack the market but instead of achieving positive results, scratches are a very negative result every day, a few scratches usually don't matter much but in the aggregate over a week or a month it would be a number worth considering. Straightforward, no knowledge and no confidence, hitting hard on persistence is better with holding


             ▄▆▆▄
           ▄████████▄
        ▄██████████████▄
     ▄███████      ███████▄
  ▄███████            ███████▄
███████                  ███████
█████▀                    ▀▀██▀
█████
█████                       ▄▆█
█████                   ▆██████
█████                   ████████
  ▀█                   █▀ ▐████
▄                          ▐████
██▆▄▄                    ▄█████
███████                  ███████
  ▀███████            ███████▀
     ▀███████      ███████▀
        ▀██████████████▀
           ▀████████▀

. Graphene Airdrop Coming Soon by Phore .
  █████████████████████████████
███████████████████████████████
████████████████████████████████
████████████████████████████████
████████████████████████████████
████████████████████████████████
█████████               ████████
█████████               ████████
█████████               ████████
█████████               ████████
█████████               ████████
█████████           ▅▆████████▌
█████████     ▅▅▆████████████▌
█████████▆█████████████████████
████████████████████████████████
██████████████████████████████▀
██████████████████████▀▀▀
████████████████▀▀▀
█████████▀▀
█████████
█████████
Mistafreeze
Sr. Member
****
Offline Offline

Activity: 897
Merit: 284



View Profile
July 22, 2021, 10:46:19 AM
 #160

Day trading or holding has the same risk and can both get profit, for day trading it requires more knowledge and deeper skills, because it regulates financial patterns in trading. while for holding only need to hold and save until the price is high. so it's a choice based on one's ability
The risk that is involved in day trading and holding is different and need enough knowledge for one to day trade than to hold. A lot of trader had lose funds due to day trading because it requires consistent charting review in analysing the market to know the direction of trend.

For one to be a good day trader, there is need to be knowledgeable in both fundamental and Technical analysis. This help to predict future market movement by using both the information from the news and price action with indicators to analyze the market future movement. Most successful cryptocurrency trader have gone through this stages and had become a guru in market analysis because of their consistent in taking trades and executing it.
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 16 17 18 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!