24Kt
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August 13, 2021, 11:59:38 PM |
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Holding is better than trading only for major coins like bitcoin ethereum ltc, but otherways day trading is better than holding for other cryptocoins.
Day trade those altcoins that suddenly pump and you can get decent profit from it if you know how to ride. I agree holding those major coins, they're the best to invest with. Bitcoin is the top choice and it should be the main part of your investment in crypto. It all depends on a particular person, his character. Aside from his character, his skills towards trading or investing. Not all people are good in trading because it requires some skills to execute profitable trades. Whereas, some people are just contented to hold and wait for the right timing to sell their coins. It depends on your skills and experience in this market. Don't rely from others' advice because you should follow your instincts as no one is to blame with your action but yourself.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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andeluna
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August 14, 2021, 12:31:21 AM |
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
its up to you of how do you think will gain more profit in by investing or in by trading if you are good and have knowledge by trading i prefer you to trade because in trading you will gain profits immediately unlike by holding a crypto you need lots of patience of when it will go to the moon for example today BTC and ETH pumping its value so its a good time to sell your holding crypto or you can still hold it if you think it will get more higher value in the next next month.
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jossiel
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August 14, 2021, 08:05:30 AM |
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Holding is better than trading only for major coins like bitcoin ethereum ltc, but otherways day trading is better than holding for other cryptocoins.
Day trade those altcoins that suddenly pump and you can get decent profit from it if you know how to ride. I agree holding those major coins, they're the best to invest with. Bitcoin is the top choice and it should be the main part of your investment in crypto. It all depends on the individual, his character and skill. It is no secret that different people can have different results in different types of activities and cryptocurrencies are no exception about this. In theory, trading can bring much more income than investing, but trading requires much more involvement in the process and constant decision-making, and all this can take much more time than investing. Therefore, I would not recommend this type of activity to people with a weak nervous system and not quite confident in their abilities and with little experience. Fast money can require a lot of nerves, so once again think about whether you need this and whether it is worth it. That's in theory. But doing a self experimentation, you'll say what you have to say when it is you that's doing the deed. I've done day trading before and I'm not really good at it so I left it and chose to be an investor and holder. Well, right now, my life's better and stress free while watching the profits come.
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istiak2277
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KUWA.ai
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August 14, 2021, 01:33:43 PM |
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
holders make more money than traders. There are many reasons behind that. If you are a trader then you must have known that traders take entry in dip and exit from the market with 30%-40% profits and take reentry when market dump again. A trader makes money in every trade but he misses huge rally which only long term holder enjoys. Also, long-term holders don't have the risk to take loose. So holding is more secure and profitable than trading.
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ampu
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CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM
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August 14, 2021, 04:01:53 PM |
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If you have enough brains then do both or whatever you want.Daily trading or long-term Bitcoin holdings are both good ways to make money. Cryptocurrency market is risky so consider day trading as it can expose you to financial risk. You need the right strategy to survive in the market.I tried to day trade but it was too much pressure so I chose to hold more than trade.
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geegaw
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August 14, 2021, 04:17:32 PM |
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If indeed all your primary and secondary needs can be met without trading, you can try investing. This is meant so that you don't take the money you are investing in until you reach your target. because if your needs have not been met and there is no urgent need for savings, I suggest you just keep trading. avoid loss if you need money.
Without advocating the most basic needs there will be no probation here, which means whether we are in trading or investing, our life is still a normal scene without concern for this amount, the monthly needs are fulfilled and this is just a leftover as a little passive income can arise, many people are not introduced to this in advance and an unfamiliar burden began to press on their entire body. In terms of connection methods, successful people are those who have a keen eye and see far, I hope everyone understands what this means
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Freezingel
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August 14, 2021, 04:56:12 PM |
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If you don't have many free time then i suggest you to invest bitcoin rather than trading it, since trading might take a lot of time. Like for example if you're employed and have a full day working hour, then it'll be better for you to buy bitcoin, and hold it. Use it as investment and just wait until the price increases. However, if you have many free time and want to do something productive, you might try cryptocurrency trading. However, make sure you understand at least the basic, and don't be careless or greedy since you might experienced a lot of loss. Try to learn, gather a lot of knowledge and experience in trading, so you won't lose your money.
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South Park
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August 14, 2021, 07:52:07 PM |
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In fact the evidence is clear, trading as a way to make money in the markets is better than investing, this is not an opinion this is a fact, as a good trader by definition can outperform the profits given by the market and as such outperform any investor, however this is not easy to do and probably less than 5% of traders can do that which is why you see many more people defending investing because the group of investors that are successful is larger than the group of traders that are successful.
Only the best traders can do this. That's why for me where I am better is where I am staying. And that's with investing and holding, however that doesn't mean that I won't commit some trades. I'll still do. I am aware this is the case which is why I have no problem with people that prefer to invest for the long term, whether this is because that is what they prefer or they have realized that they are never going to become good enough traders to pull those kind of profits, in any case it is way easier to become an investor and make profits over the long term than it is to become a trader, however if someone is only interested in making the highest among the money in the shortest amount of time then there is no doubt that trading should be their goal.
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dimox
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August 14, 2021, 10:12:37 PM |
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
trading is great than holding coin. when you trade, you will try to convert from one coin multiple coin, and know where is coin that give you big profit for a moment. my friend do trading every day, and he got big number until it be daily task for him.
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Alfreed
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August 14, 2021, 11:41:59 PM |
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cryptocurrency, due to the high volatility, brings very high incomes. but it also tells us about the high risks of losing our capital. investing is a more predictable process, which in turn protects our assets from a quick drain. also investing mainly works for the long term, and cryptocurrency is able to bring income in a matter of days
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DibiaVxosis
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August 15, 2021, 03:29:54 AM |
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At all times bitcoin remains profitable for both the long term and the short term, it all depends on the individual how smart are you in terms of buying, to always be profitable you buy low and sell high, as a long term investor you wait for the appropriate time to come before buying, don't be in a rush, wait for low prices to come then you buy, the truth is no matter how bitcoin falls in prices it will still increase, it's just a matter of time.
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South Park
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August 18, 2021, 10:06:16 PM |
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
trading is great than holding coin. when you trade, you will try to convert from one coin multiple coin, and know where is coin that give you big profit for a moment. my friend do trading every day, and he got big number until it be daily task for him. When it comes to absolute profits this is undeniable, trading is better than investing as you can adjust faster to the movements of the market and earn more money because of this, however this does not automatically makes it better as that is a very subjective term, after all even if trading is more profitable than investing that does not matter at all if you are unable to do this by yourself, in that case investing could suit you better as it is easier to do even if the potential profits in theory are lower.
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Sayeds56
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Eloncoin.org - Mars, here we come!
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August 19, 2021, 03:39:45 AM Last edit: August 19, 2021, 10:38:38 AM by Sayeds56 |
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
In deed, Long term investing is better becuase you get huge rewrad of your patience. Trading is good for those who don't have capacity to hold for long term and they want to make their living from trading but it is not easy neither hassle free. It requires, emotional control, Good skills of Risak and Money managment and above all good knowledge of Technical charts and Indicators.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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xSkylarx
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August 19, 2021, 04:26:07 AM |
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
In deed, Long term inesting is better becuase you get huge rewrad of your patience. Trading is good for those who don't have capacity to hold for long term and they want to make their living from trading but it is not easy neither hassale free. It requires, emotional control, Good skills of Risak and Money managment and above all good knowledge of Technical charts and Indicators. Investing is stress-free, but it is not completely stress-free because you must first conduct research and then keep an eye on the price, which adds to your stress. There will be day trading which is less risk and less stress but still has more stress than investing but trading is good if you really know what you are doing it is like holding a coin for a year and gaining $10,000 but in trading you only trade for a month or two and you will gain $15,000 because you do the dirty work.
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Sayeds56
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Eloncoin.org - Mars, here we come!
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August 19, 2021, 10:57:30 AM |
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
In deed, Long term inesting is better becuase you get huge rewrad of your patience. Trading is good for those who don't have capacity to hold for long term and they want to make their living from trading but it is not easy neither hassale free. It requires, emotional control, Good skills of Risak and Money managment and above all good knowledge of Technical charts and Indicators. Investing is stress-free, but it is not completely stress-free because you must first conduct research and then keep an eye on the price, which adds to your stress. There will be day trading which is less risk and less stress but still has more stress than investing but trading is good if you really know what you are doing it is like holding a coin for a year and gaining $10,000 but in trading you only trade for a month or two and you will gain $15,000 because you do the dirty work. Absolutely right. There is more money in trading , particulary in crypto market becuase it is high volatile and this is what professional Traders like becuase volatility is a gift if you know how to make money out of it but trading requires consistent attention and Technical analysis as well as traders has to keep an eye of news update of Bitcoin Market that drives the whole crypto. Alts Market has more money for traders if they pick good coins and understand dynamics of this market.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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molsewid
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August 19, 2021, 12:20:56 PM |
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it is not known for sure whether it will be more profitable or not but according to what I have learned at this time the level of risk for investing is much lower with the risk faced by trader. I think it is worth the risk faced by day traders with all the possibilities to take profits and also minimal risk for long-term investments. it all goes back to each of them to choose which one is sure that both of them make it possible to gain or lose.
So in short both investing and trading is better but the matter of fact of how would a trader or an investor played it well will going to determined the amount of earn profit that they would get. Some of us made a good profit from trading and some in investing I think the time also of taking a profit varies with each other too since in trading you don't have a specific time frame since as a trader you are based on the daily market value of the coin while in investment you set a certain time frame. SO far it is better to try both trading ang investing in cryptocurrency.
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techearn17
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August 19, 2021, 05:30:36 PM |
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there is a lot of money in crypto trading. The biggest reason for this is the Movement in the crypto market. If you trade properly, you can earn a lot of money. But it is important that you understand the intricacies of crypto No matter what coin your trade but choose top coins in, it is important to keep an eye on bitcoin because bitcoin has an impact on the entire market.
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syedakhlaque
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August 19, 2021, 05:52:37 PM |
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In fact, This is true that "NO risk No gain".As for as concern of trading, It is better than investment. But we should always try to do carefully trading and save some something for a future time. For our trading process be continued. Always avoid averaging a trade. Book your loss at the initial stage instead of waiting and went on some crucial stage. Have the courage to bear the loss for a big profit,our luck will also favour. But if we will invest we will have to wait for some ideal time.
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South Park
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August 23, 2021, 04:49:41 PM |
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In fact, This is true that "NO risk No gain".As for as concern of trading, It is better than investment. But we should always try to do carefully trading and save some something for a future time. For our trading process be continued. Always avoid averaging a trade. Book your loss at the initial stage instead of waiting and went on some crucial stage. Have the courage to bear the loss for a big profit,our luck will also favour. But if we will invest we will have to wait for some ideal time.
While it is true that if you do not take risks then you will go nowhere in life, and this is not only true in the market but about things in general, the problem is that people take too many risks, they use huge leverage to try to increase their profits but the risk they took is not controlled so even if they can make profits with this tactic eventually you are going to make a mistake and you are not going to read the market correctly and then you will lose everything in the process.
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