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Author Topic: Daytrading vs Holding  (Read 3381 times)
smilesbitcoin
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June 30, 2021, 10:14:01 AM
 #81

Unless you really really need the money, just hodl and stack sats Wink If you have strong conviction, this is perhaps the single easiest and best strategy.
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June 30, 2021, 11:09:26 AM
 #82

hodling is important than in trading . what can you do when your coin is down , you dont want to lose arent you so you will stop trading but you will hodl it for a while or until the value returns for trading .
 not only tax but the fees is what makes us scared to do daily trade  .
 it will hurt you more if your capital is only small  and when we hodl we dont just hodl and close our eyes but we monitor the price and sell .
Specifically, Holding is for those who just wanted to keep themselves out of stress. They are simply waiting for the moment that price is high and then sell their holdings.

But, for Trading, that is something riskier and this is not an easy job that everyone is able to do it. We are all free to try trading and we are free to leave as well if we feel bad about it. Many traders had lost their money because they underestimate trading which is not supposed to be doing. It is a need for deep market understanding and skill, unlike what we do in Holding.

holding can still be stressful when you fail to meet your expectations . how do know if we are fit for trading if we dont try it but no one is born to be a good trader .
all started to face difficulty but its about how they strive and to not give up easily .
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June 30, 2021, 11:40:46 AM
 #83

Always make a trade where you are confident sometimes people are getting confused about where they trade. Some people say that stocks are good, some people say forex is better and some of them want cryptocurrency to just focus on one to avoid getting confused.

Also, it's not bad to make a trade for a hold and a day trade the difference is in holding always make a target price when you want to get a profit. In day trade always make know your goals unlike holding it's riskier because you are making a trade to volatile timeline unlike waiting for your take profit.
They if will listen to what people said, they are certainly be confused because we all have different opinions about trading. Just like you've said this one is good and this one is better, that simply makes people become undecided about what they choose. That it thinks that if we want to trade, then much better to try them all so we can verify ourselves which one is more profitable.

But if not, then holding could be the best option. All it needs to choose potential coins and it gonna be fine.

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June 30, 2021, 12:00:30 PM
 #84

In my own assessment Holding is good advantage to those who have a lot of money, and to those who are lazy in doing
trade as well, while Day trading is good if you want to earn most often here in a short period of time. And perhaps, on day trade
there are a lot of members here who did this method anyway.
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June 30, 2021, 03:10:51 PM
 #85

Holding are good for those with huge capital and can wait patiently for long term. Also for those who don't have enough time to do trading because trading needs a lot of time and knowledge to evaluate and analyse the market. Both trading and holding are profitable but it is still depends on your capital, type of tokens, patience and knowledge. It depends on what you are going to choose and you think can help you gain profit.

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June 30, 2021, 04:50:09 PM
 #86

In my own assessment Holding is good advantage to those who have a lot of money, and to those who are lazy in doing
trade as well, while Day trading is good if you want to earn most often here in a short period of time. And perhaps, on day trade
there are a lot of members here who did this method anyway.
- Laziness and not many indicator techniques may be part of the holding choice but officially people are still paying more attention to safety as long as they accumulate in many good price zones of a potential coin, the odds of losing are extremely low while day trading is a constant hunt for price zones, promote perfection but it is very difficult for humans to approach this realm, big bears and hunters often switch roles and are very risky


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June 30, 2021, 05:05:03 PM
 #87

Holding are good for those with huge capital and can wait patiently for long term. Also for those who don't have enough time to do trading because trading needs a lot of time and knowledge to evaluate and analyse the market. Both trading and holding are profitable but it is still depends on your capital, type of tokens, patience and knowledge. It depends on what you are going to choose and you think can help you gain profit.
Be a trader you have a system for getting in and out of trades. Having also a risk management system essential part in this activities, you should always be improving as time passes. It's dependent upon you, thus not suggest for all. Trading is not easy for me, there so much psychological pressure in fact it's the hardest thing.

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June 30, 2021, 06:44:30 PM
 #88

Holding are good for those with huge capital and can wait patiently for long term. Also for those who don't have enough time to do trading because trading needs a lot of time and knowledge to evaluate and analyse the market. Both trading and holding are profitable but it is still depends on your capital, type of tokens, patience and knowledge. It depends on what you are going to choose and you think can help you gain profit.
Be a trader you have a system for getting in and out of trades. Having also a risk management system essential part in this activities, you should always be improving as time passes. It's dependent upon you, thus not suggest for all. Trading is not easy for me, there so much psychological pressure in fact it's the hardest thing.
You wouldnt able to discover on what kind of path are you good at if you wouldnt try.Just like when im starting, i did just plan to be a swing or long term holder but i do find out to be a bit boring on just waiting for some price swings do i decided to make some active day trades and it actually works for me but of course it did really take some time and effort.

Just stick into things that what interest you the most and of course you should really have that passion so that you wont really get bored once you are doing it.Its just a matter of passion and dedication on things that you do.

You dont need to choose one because you can always divide your portfolio in both sides.

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June 30, 2021, 06:58:46 PM
 #89

I was a Holder and didn't day trade any of the cryptos but recently I actually had to change the way I invested in the cryptos. The recent volatility is kind of helping me to execute some good trades with altcoins. I also like to trade with a window of a week where I target to purchase them when it drops and sell them when they rebound.
I would say doing both will help you keep a good amount of profit both in the short and long term.
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June 30, 2021, 07:56:53 PM
 #90

hodling is important than in trading . what can you do when your coin is down , you dont want to lose arent you so you will stop trading but you will hodl it for a while or until the value returns for trading .
 not only tax but the fees is what makes us scared to do daily trade  .
 it will hurt you more if your capital is only small  and when we hodl we dont just hodl and close our eyes but we monitor the price and sell .
Holding is indeed very important, but knowledge of trading is more important. Why do we hold too long, of course, because we have two reasons, namely to reach a certain price and the other reason is to buy too high. analysis needs to be done before buying a coin. Holding and daytrading have an important role to be able to get profits quickly and for a long time.
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June 30, 2021, 08:23:04 PM
 #91

I was a Holder and didn't day trade any of the cryptos but recently I actually had to change the way I invested in the cryptos. The recent volatility is kind of helping me to execute some good trades with altcoins. I also like to trade with a window of a week where I target to purchase them when it drops and sell them when they rebound.
I would say doing both will help you keep a good amount of profit both in the short and long term.

If you have enough time to spare around the market, dealing with day trade allows you to earn decently. Once you familiarize yourself with how the market moves and what are those important information to follow when analyzing the situations,

Traders who works with both long and short terms are good in adjusting knowing that playing with volatility needs to have sets of plans for when that you've been caught behind, you still have other options in not to lose your investment.

Do your DYOR and start to build good system to expect what type of strategy is fit to use when you already place your investment.

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June 30, 2021, 09:35:57 PM
 #92

I was a Holder and didn't day trade any of the cryptos but recently I actually had to change the way I invested in the cryptos. The recent volatility is kind of helping me to execute some good trades with altcoins. I also like to trade with a window of a week where I target to purchase them when it drops and sell them when they rebound.
I would say doing both will help you keep a good amount of profit both in the short and long term.
high volatility actually give us real opportunity to earn profits both for short trade or long term invesment. buy and sell frequently in trading range that setted before will help us in which level we should enter and exit from market. With good skill, either short or long could be profits opportunity for us .
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June 30, 2021, 11:11:37 PM
 #93

Given the current market and how volatile it is, you can really make profit on both ends, day trading allows you for a high risk high reward way of trading, but you need to be an experienced trader and know what to do since this a volatile market it is highly unpredictable and can change at any point, holding is always a safe way to make profit, especially with coins like bitcoin and eth which are known to be good to hold for the future, but with other coins it really depends on how ling you are holding them.
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June 30, 2021, 11:54:49 PM
 #94

Given the current market and how volatile it is, you can really make profit on both ends, day trading allows you for a high risk high reward way of trading, but you need to be an experienced trader and know what to do since this a volatile market it is highly unpredictable and can change at any point, holding is always a safe way to make profit, especially with coins like bitcoin and eth which are known to be good to hold for the future, but with other coins it really depends on how ling you are holding them.
We need to choose where we feel we are comfortable. Many had underestimated trading and they end up losing. Something we need to understand the situation and we need to think smart. Surely we can risk our money because we are in crypto but we also need to act wisely as every mistake we've made corresponds to losses, and I know we don't want it.
I'd rather not compare which of them are profitable because that all lies in our hands and all of us have differences.
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July 01, 2021, 12:37:14 AM
 #95

Given the current market and how volatile it is, you can really make profit on both ends, day trading allows you for a high risk high reward way of trading, but you need to be an experienced trader and know what to do since this a volatile market it is highly unpredictable and can change at any point, holding is always a safe way to make profit, especially with coins like bitcoin and eth which are known to be good to hold for the future, but with other coins it really depends on how ling you are holding them.
We need to choose where we feel we are comfortable. Many had underestimated trading and they end up losing. Something we need to understand the situation and we need to think smart. Surely we can risk our money because we are in crypto but we also need to act wisely as every mistake we've made corresponds to losses, and I know we don't want it.
I'd rather not compare which of them are profitable because that all lies in our hands and all of us have differences.

It's seems to risk of your money. But actually we are not doing so. It's the investment of money, after some days, it will refund your money. And you will realized, it had give your money with some interest. The important one will be, holding for the longer time. Till it crossed the buying price.

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July 01, 2021, 08:43:50 AM
 #96

Day trading is only profitable when traders take it seriously and do their research.
besides that day traders must have a strong analysis so that they don't make a mistake in selling or buying on that day...

Unless you really really need the money, just hodl and stack sats Wink If you have strong conviction, this is perhaps the single easiest and best strategy.
the majority of people would prefer to just hold because they don't have the skills or enough time in trading and I think this is the best way for many people.



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[15.00000000 BTC]


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Rainbot
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July 01, 2021, 11:07:26 AM
 #97

Both trading and holding is a good way to earn in crypto if you want to have earning every day then you need to do trading because in holding you need to wait for a very long time before you earn. I prefer to do both trading and holding depending on the coon, because there are fast moving coin that is good for trading and there are slow moving coin that is good for holding.

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July 01, 2021, 11:25:37 AM
 #98

I don't think that it is a matter of long-term investing or intraday as they both have right to exist and both can bring profits.
The main thing for trader to make as much profit as they can is to have a strategy or at least some plan. The example that you mentioned is too theoretical especially for stocks. It is next to impossible for a stock to double its price within 24 hours. It is a very rare occasion. More than that, assume that the bitcoin price goes north all day long and by the end of the day it reaches the point of 150% of its initial price. The price usually goes steadily and slowly: imagine an intraday trader who sees that the price has gone 20% up. I bet that most of the short-term traders will take the profit and will not wait till the end of the day because he will be too afraid to lose these 20%.
That is why, it is not the timeframe which is most important here, but the trader's strategy and expectations.
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July 01, 2021, 05:28:11 PM
 #99

Thoughts on this for trading whether crypto or stocks?  Doesn't it make a ton of sense to daytrade crypto since you could make a lot in roi where even if you daytrade, well paying the taxes in short term gains would earn you lot more money than holding it long term when the gains could be completely gone by then?  Or if there are gains, well you might get just a 5% gain and long term and pay long term capital gains... but if its short term and 50% or even double that... well the amount you keep after taxes is much more than that 5% long term gain?  Of course ideal situation is big percentage gain and long term gain but of course that is hard.
Both of them are good and anything can work. People talk about ways that works for them. It’s not like you haven’t also seen traders that are saying day trading is far much better than HODL? So anything can work, if you believe that Hodl is the way to go for you, then you should focus on that and work hard towards cashing out through that method.

And moreover there are people who have tried to HODL and they never benefited from it, rather they end up losing so much more, even though the tax you have to pay for it is less. What matters the most is finding what would work the best for you before you talk about what next. If you find what works for you, then you talk about tax and how you can handle that.
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July 01, 2021, 06:22:53 PM
 #100

I don't think that it is a matter of long-term investing or intraday as they both have right to exist and both can bring profits.
The main thing for trader to make as much profit as they can is to have a strategy or at least some plan. The example that you mentioned is too theoretical especially for stocks. It is next to impossible for a stock to double its price within 24 hours. It is a very rare occasion. More than that, assume that the bitcoin price goes north all day long and by the end of the day it reaches the point of 150% of its initial price. The price usually goes steadily and slowly: imagine an intraday trader who sees that the price has gone 20% up. I bet that most of the short-term traders will take the profit and will not wait till the end of the day because he will be too afraid to lose these 20%.
That is why, it is not the timeframe which is most important here, but the trader's strategy and expectations.
The difference between crypto going 100% in 24 hours and having a long term investment is that you could make 100x return without realizing. My friend just got 3600 dollars from some investment he made in 2017 back in the day, he invested only 50 bucks to it, he didn't check it or looked at it ever since, he is that kind of long term investor that goes out and buys hundreds of coins in 50 bucks and just leaves them be, he has thousands of dollars in btc-eth-bnb but aside from that it is all 50 bucks investments to over 100+ coins, probably closer to 300-400 coins by now.

Most of them are around the same price now, some of them are very low, some of them are totally gone and do not worth cents, but there are those rare ones one or two here that made him a huge return, the 3600 return was just a chance but at the end of the day he still made it.
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