BuNga_cute
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October 14, 2021, 10:36:12 PM |
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If we want to make big profits in a fast time, trading is the right choice, because there are futures trading that can provide big profits, although the risk is also great. But if we want to make a profit in the long term and are lazy to analyze price movements every day, I recommend investing in popular coins. So indeed how to make a profit in crypto depends on each person's plans and strategies. Ask ourselves, how to generate profit that makes us comfortable doing it. Because I do have a busy life in the real world, it is not possible to analyze the market too often, so I choose investing over trading for now. Not all would really be having the patience on waiting up for profits for a very long time thats why people would really be choosing up that trading option but the mistake is that people are hurrying up that much on dealing with things which do really end up on mistake and if it did turns out to be that caught in the dump then you do really end up on holding or simply turns to investing mode. This is actually situational because we do have our common sense on how to react on things basing up on what we are facing.We can easily switch up but doesnt mean that it would be successful. So its up on personal choice which one would really give out benefits or advantage. Some people are not patient enough when deciding to invest in crypto, in the end they make decisions in a hurry and result in losses. Whereas if we do everything with good preparation and strategy, everything should go well. But it's true that investing or trading is not an easy thing to do, there are many things that affect being able to generate profits. That is the importance of having knowledge, so that we can understand how we should make decisions. After that experience is also another important factor, the more experienced we are, the better we should understand how to deal with volatile markets.
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willhuber
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October 15, 2021, 10:50:25 AM |
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Let’s not forget leverage, one solid tool to amplify your earnings. But a word of caution: it’s only for those who know how to manage risk and have a strong risk management strategy in place, like using only limit orders and a fixed sl, risk/reward ratio at 1:2, and keeping an eye out for all the correlated factors.
Any altcoins you looking at, besides eth? And which broker are you using for leverage I have my eyes on litecoin and neo, and using coinexx for cfd trading, leverage is good.
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israt1@
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October 15, 2021, 01:36:55 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?
First of all, I can tell you that you can trade in two ways. Short trade, long trade. If you want to choose short trade, then choose some altcoins. You can make a profit by trading shorts. Coins that go up and down in the market. You can buy from the bottom. You will sell them again. In this way you can make a profit by trading short You can buy a few coins from top up market to trade long again. BTC is one of those coins. If you want to make a profit in BTC, you can buy BTC and keep it for a few years. Note: No one can say that you will benefit. But it can be done. So the decision is yours
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syedzakir
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October 15, 2021, 04:27:10 PM |
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Well according to my point of view holding bitcoin can be profitable if you have brought it when it's price was too low. Buying it on a high price can be risky. Buying it when there is a great dump in its price and then keeping it for a long time can be more beneficial. But sometimes there is a turning point and it can undergo a great dump so do it at your own.
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jossiel
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October 15, 2021, 10:47:17 PM |
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Well according to my point of view holding bitcoin can be profitable if you have brought it when it's price was too low. Buying it on a high price can be risky. Buying it when there is a great dump in its price and then keeping it for a long time can be more beneficial. But sometimes there is a turning point and it can undergo a great dump so do it at your own.
Get your position when you buy bitcoin. If the price is too high for you despite being someone who firmly believes that it has a bright future, you need to wait until the price settles. It's a waiting game that's very common these days.
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LUCKMCFLY
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October 16, 2021, 03:34:59 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?
I think that this is a decision primarily of taste, if your approach is towards trading or investment, that is, if you do not care about the direction of the market, be it down or up, you can win in both directions if you have the right knowledge. and you know how to apply your strategy, whether in the short or long term, if your thinking or approach is investment style, what you have to do is buy BTC and leave it until you consider that you have a good profit, many people apply this technique always and when they do not extract the money without having received benefits, otherwise you will have done a bad business. In any of the cases, I recommend that you read Warren Buffet's books, they are excellent to help you with commercial advice according to your tendency.
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Dr.Osh
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October 16, 2021, 01:53:53 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?
maybe a short thing like this Cryptocurrency trading is buying crypto on the basis of analysis and speculation gathered from various sources, then preparing a target price, and a Cut Loss price. This is so that we can get the profit we are targeting, and also minimize the risk. Cryptocurrency trading can be done in a short time, or a long time. Cryptocurrency investment is investing in a crypto when it is initially sold, or when it is already on the market, and holding it indefinitely. This is done because we believe that the crypto projects that we hold will get bigger. this can be done for months or years. Investment is also divided into several investments such as stakes, yields farm, and others. CMIIW
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Rufsilf
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October 17, 2021, 07:43:40 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?
You can do both trading and holding bitcoin at the same time. Being a day trader comes with medium to high risk because if your goal is to buy low and sell high then you can't always do that due to markets high volatility and that my friend is a risk. I suppose you can trade every week and not for a daily basis. While on the other hand, holding bitcoins is considered a long-term investment and can give you competitive returns in the future. You don't need to check the value daily because as said, it is a long-term investment. So you can do trade from daily to weekly basis while also holding btc.
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abrahamtownsend
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October 21, 2021, 03:51:29 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?
First of all, I can tell you that you can trade in two ways. Short trade, long trade. If you want to choose short trade, then choose some altcoins. You can make a profit by trading shorts. Coins that go up and down in the market. You can buy from the bottom. You will sell them again. In this way you can make a profit by trading short You can buy a few coins from top up market to trade long again. BTC is one of those coins. If you want to make a profit in BTC, you can buy BTC and keep it for a few years. Note: No one can say that you will benefit. But it can be done. So the decision is yours Shorting cfds is an option too, using margin on leveraged security is a good option for retail traders with low capital.
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Zanab247
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October 21, 2021, 04:59:24 AM |
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I guess investing is more better based on some signs bitcoin price is displaying in the market, show that investors need to buy more coins and hold to be part of this massive profits making. Since bitcoin price is preparing to increase more before the end of this year 2021, it is better to invest more of your money into bitcoin because the price is about to hit $68 before the end of this month. Make use of short and long term investment in this season we are to enable you achieve good income in your investment. If you choose long term or short term investment, you will get it right because this is the season both long term and short term investors used to roll into massive profits earning in the market.
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LastKiss
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October 21, 2021, 07:01:37 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?
Both of them can be profitable, it depends on the market movement when it's stable day trader can get more profit rather than long term hodl. Day trader get more opportunities rather than long term hodl because they will see many possible high gains within the market, just make sure we dont miss it and always fill our bag when the crypto is in discount
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Jawadu
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October 21, 2021, 11:16:33 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?
First of all, have you had great success since you became a day trader? I am a day trader and a holder too because both ways give me a good profit depending on the coin/token that I trade or hold. So personally, if I see any chance to make a profit from a bear market then I'll dive into it with the buy low and sell high formula, but if the market is too volatile then I will buy and hold.
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xSkylarx
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October 21, 2021, 11:26:52 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?
Both of them can be profitable, it depends on the market movement when it's stable day trader can get more profit rather than long term hodl. Day trader get more opportunities rather than long term hodl because they will see many possible high gains within the market, just make sure we dont miss it and always fill our bag when the crypto is in discount Agree to this since most in trading there are ton of opportunities to earn big but the problem with this is it is more risky than holding because anything could happen with trading . I think if you are busy and like working i think holding the crypto is better since trading takes time to learn and really you need to have time to focus on it. As my self i prefer holding since i really dont have time in my hands now since i am working but if i do have time i do risk my money to trading.
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Pamadar
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October 21, 2021, 01:09:11 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?
Both of them can be profitable, it depends on the market movement when it's stable day trader can get more profit rather than long term hodl. Day trader get more opportunities rather than long term hodl because they will see many possible high gains within the market, just make sure we dont miss it and always fill our bag when the crypto is in discount Day trader have that advantage in a short-term period, they are the one who can maximize profits whatever kind of market directions. But those who treat this as venue as investment who take time keeping their assets for long time they are potentially gained high value of profits when the market start to pump up and create a huge bull run. You need to understand your intension in choosing what kind of strategy you'll going to use, investment should plan ahead of time before riding in any venue of trading business.
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Gudhal Untu
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October 21, 2021, 01:23:39 PM |
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I think trading is better and can get big profit in the short term than investing, as we know that a lot of unexpected things in cryptocurrencies, I had a hard time during 2018-2020 and sold cheap all the coins I saved because I was worried the price would drop, if be patient to wait at least 6 months then I can get a big profit because the price has skyrocketed again since the end of 2020.
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pantek talacuik
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October 21, 2021, 01:32:00 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?
Both of them can be profitable, it depends on the market movement when it's stable day trader can get more profit rather than long term hodl. Day trader get more opportunities rather than long term hodl because they will see many possible high gains within the market, just make sure we dont miss it and always fill our bag when the crypto is in discount This depends on how fast you catch the new graph that will appear later in the future. If you feel something big is about to happen then make the right move. you can see the price of Bitcoin at this time, this price will be higher at the end of the year in my opinion. May profit always come to you.
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bitzizzix
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October 21, 2021, 04:16:35 PM |
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Both will be profitable depending on the expertise mastered in doing so and also the time to take advantage of market movements when in a good situation to buy and sell them, besides that as a day trader you must really monitor the market full time so that the results are as expected. I personally have a steady job which I think being a day trader is not very suitable for me and also have no skills and also limited time, so long term investment is the best option for me, only buy when prices are low and hold.
so i think it all depends on skill and time to make good profit in utilizing time.
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rugrats
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October 21, 2021, 10:16:39 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?
To trade successfully, the first thing you need to do is have trading skills and know which cryptocurrency to use to trade. But it is not always possible to make a profit from trading cryptocurrencies, as the market often behaves in an unpredictable way. As for holding only BTC, we have found that this is one of the best solutions that I can rate as low risk and most profitable in the future for you.
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ashleyknight (OP)
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October 28, 2021, 09:58:16 AM |
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I am also a day trader but sometimes if we make a mistake in predicting with a significant error then it makes me have to hold it for so long to wait for hold even up to 1-3 years. and take some funds from savings for trading capital back and collect it back but the choice that has never made me wrong is to trade on the 10 safest coins on the exchange and never try new coins unless they are quite established and real
10 is a big number. I keep my focus on not more than 5 coins at a time. So, are you suggesting to trade the safest coins and invest the ones which are not really safe or not to invest at all?
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ashleyknight (OP)
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October 28, 2021, 10:06:11 AM |
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For my own opinion, I think trading is waiting and patiently buying low and selling high, but holding BTC for a long time is that you have to earn more to be able to wait for its price to go up and sell. , so I feel that both sides are profitable, but if you have the patience to hold the potential long-term coin, there is a higher possibility of profit than daily trading that sometimes loses.
I also feel that there’s no use of investing a little amount because even after waiting for years, your investment will not reap high returns, whereas you can trade small and earn small gains quickly.
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