Hoddle or day trading

[panukurap]

I  prefer to do day trading because the capital I have is mediocre and I often have sudden needs that must be fulfilled immediately. Especially with this day trading I don't need a long time to make a profit so that my capital can also increase little by little without having to wait long. Even though the profit obtained is not as big as when holding, but I think the profit obtained from day trading is sufficient for my needs and even still remains.

[MCcryptonia]

Take profits if your investment is up already don't wait around for Futher growth because they might not happen, buy tokens at presale price is like buying at more cheaper rate so once trading starts I don't expect you to hold such tokens for long term, find better altcoins for trading and my best pick is NEO because it's more stable and follows market trend easily

[RILWAN]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

It depends on which altcoins you mean. You can save useful altcoins and rejoice in the future that you didn't sell. But if you have trading skills or aspire to them. Then bargain and good luck with this business.

You are right altcoin investment all depends on individual portfolio and the potential. But in the coming year I will be concentrating more on NFTs and other new projects but more also ethtereum is another great investment.

[molsewid]

Take profits if your investment is up already don't wait around for Futher growth because they might not happen, buy tokens at presale price is like buying at more cheaper rate so once trading starts I don't expect you to hold such tokens for long term, find better altcoins for trading and my best pick is NEO because it's more stable and follows market trend easily

This is what I could advise too to those who have hodl a token today that they buy from ICO, if that token has had already a profit then for me it is enough already and I will cash it out before it's too late. New projects are too risky, some may manage to get higher value to compare to its value from ICO but some are just pumping during listing or presale. However, it also depends upon what kind of token you are hodling, if you believing that token will be profitable in the long run (with usable usecase that will last up to 5-10 years) then it will be good to hold.

[Quantum907]

I prefer to hold, this is because we can get opportunities for profit if we are patient to hold, and some coins that I have held since almost a year have profited more than 100% if I sell now, but I will still hold because the opportunity to go up is still big .

[LogitechMouse]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

You will not earn money if you will just hold them and if they have a low volume on exchanges.

If you want instant profit, sell all your altcoins and do futures trading. You want instant profits right? Futures trading can give you instant profit and it can make your money x3 or x5 in just a matter of minutes. Well with instant profits comes instant losses especially if you aren't expert on futures trading. As for me, I prefer holding and base on my experience trading isn't for me as I lost money doing it already compare to just by holding. The reward is lower though but the risks are lower compare to day trading.

[Shasha80]

I prefer to hold, this is because we can get opportunities for profit if we are patient to hold, and some coins that I have held since almost a year have profited more than 100% if I sell now, but I will still hold because the opportunity to go up is still big .

As long as we can choose potential coins, holding is indeed a good choice to generate profits. You are patient enough to be able to hold coins for almost
a year, because many people who have only been holding coins for a few months  have given up and sell the coins they have. But you can be patient not
to rush to sell the coins you have, you can even profit 100% if you sell them. It's good that long-term holdings can indeed provide much bigger profits,
but my advice is because the crypto market is very volatile. Why don't you just sell some of the coins you are holding if you're already making a profit,
later when the price drops you can buy the coins again at a low price. That way the profit generated should be much greater. Because there are no coins
whose price continues to rise, without experiencing a correction.

[globalpain]

If the market continues to be red, then hold is the best option, if daily trading of course we will lose, it is better to buy and hold because the future of cryptocurrencies is getting brighter, this is because more and more millionaires and countries are making cryptocurrencies a recognized asset.

With the current conditions with the market going down, it's better to hold on,
not the right decision to do day trading at a time like this,
there is no doubt that crypto will continue to grow

[michellee]

I prefer to hold, this is because we can get opportunities for profit if we are patient to hold, and some coins that I have held since almost a year have profited more than 100% if I sell now, but I will still hold because the opportunity to go up is still big .

While holding your coins, you should know when to sell the coins because we can not hope that the price will increase, especially in the future. There will be a time for all coins to have a correction and when the price gets a correction, that means the price will go down and many of them are drops too far. At that time, many people will panic and you must hold yourself to sell your coins at a low price because that will not profit you. It will depend on what coin you held from a long time ago and unpredicted the market itself.

[adiebitsler]

If you have enough knowledge about the crypto market and trading rules, i think the best way is to balance hold and trade together. In this way, we can both make long-term investments and enable long-term investment growth with short-term profits.

Do you know how ? if you know that method, try to explain now here so that people who still don't know it can immediately learn the method you are doing and also the way you have been doing so far because every good way will always be accepted with pleasure by others.

[kendedese]

I prefer to hold, this is because we can get opportunities for profit if we are patient to hold, and some coins that I have held since almost a year have profited more than 100% if I sell now, but I will still hold because the opportunity to go up is still big .

You must have a target price to sell because there is no guarantee that the price will continue to rise because there will be times when the price will go down like in 2018 or mid 2021. I think it is very important to set a price target to avoid regret when the price of the coin you are holding drops drastically.

[Fakhrulenclix]

I think deciding to trade daily is good enough than holding coins for a long time where there will be a lot of knowledge gained in daily trading that we do every day and for the profit or loss we will get it all depends on the skills we have and I think if we continue to do it over time of course the ways and tricks to get profits will be much more open.

[pauloaragaomelo]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

If I am positioned to buy the ICO stage only aiming to get instant profit, if the project has a very potential use case it will buy back during a price correction as it will double the profit when the price will recover, ICO coins are very risky better take profit when the token will be released on the trading market.

[Jackl87]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

The thing with such decisions is always that in retrospective everything seems so clear and you say "why did i not sell all my coins back in may when they were worth 10x more than they are now" but the problem is you just could not know that the market was about to go down back in may for example. So it's very hard to give recommendations here, what is true though is that in a market that is falling, the small cap gems usually always drop harder than the big ones like Bitcoin or Ethereum and when the market goes up again it takes some time of stabilisation before small cap gems are also rising again. So you need to be patient if you are holding.

[Farma]

I think deciding to trade daily is good enough than holding coins for a long time where there will be a lot of knowledge gained in daily trading that we do every day and for the profit or loss we will get it all depends on the skills we have and I think if we continue to do it over time of course the ways and tricks to get profits will be much more open.

I still feel that this matter has a different opinion. maybe some people think that daily trading is better, but there are also those who feel that holding on for the long term is also the right choice. basically, it depends on our circumstances. if we have sufficient circumstances, holding back for a long period of time may be fine. however, for those who have their main income in the world of traders, then day trading is the most profitable thing. So far, I still tend to hold the coins I have instead of day trading.

[el kaka22]

While holding your coins, you should know when to sell the coins because we can not hope that the price will increase, especially in the future. There will be a time for all coins to have a correction and when the price gets a correction, that means the price will go down and many of them are drops too far. At that time, many people will panic and you must hold yourself to sell your coins at a low price because that will not profit you. It will depend on what coin you held from a long time ago and unpredicted the market itself.

When you are holding for a long period of time, like let's say 10 years at least, then the price drops do not bother you. If I decided that I will become a trader and bought at the bottom and sold at the top then I would do that, but as a long term holder the drops do not bother me. People say things like "but you could have sold at 68k and bought back at 45k and make so much profit!!" and that's true, but if I did that daily, bought at daily bottom and sold at daily peak and kept doing that, I would have made 10x and even more a year, probably closer to 100x if I hit it 365 times a year once every day.

I know I won't be able to so why would I worry about missing the big one, when so many people did, and I am not even a trader? So long term investors just focus on buying once, hopefully at a low price, and then sell once, hopefully at a huge price.

[iv4n]

People make money in both ways... people also lose money in both ways! Holding a wrong coin will bring only losses in long run... even you are at even after a year or two still you missed something else that is up and you are on the same level! To not even speak about day trading, we all tried it and we know how much people can lose with day trading, in all sorts of ways!

The bottom line is simple, both can be good and bad, it's all about the approach and how you do it! If you are a person who is ready to learn and develop skills then doing both will be a piece of cake for you, and both can bring profit! If you have "the luck is on my side approach" I will choose the first what I see then probably you will lose in both...

[BALIK]

For Altcoin, I like short-term trading, not actually day trading or long-term trading. I study about the previous history and potentiality of coins and then filter out the good Altcoins from valueless shitcoins.

Then I do analyze the editor's choice from some Trading websites and then pick some of the Alts for doing short-term trading.
Sort term trading is somewhat you guess the potentiality of the coin and fix a target when the target reached sell immediately to fix the profit. Sometimes the target is achieved within a day sometimes within a or two weeks sometimes it needs a month to break the target.

[michellee]

While holding your coins, you should know when to sell the coins because we can not hope that the price will increase, especially in the future. There will be a time for all coins to have a correction and when the price gets a correction, that means the price will go down and many of them are drops too far. At that time, many people will panic and you must hold yourself to sell your coins at a low price because that will not profit you. It will depend on what coin you held from a long time ago and unpredicted the market itself.

When you are holding for a long period of time, like let's say 10 years at least, then the price drops do not bother you. If I decided that I will become a trader and bought at the bottom and sold at the top then I would do that, but as a long term holder the drops do not bother me. People say things like "but you could have sold at 68k and bought back at 45k and make so much profit!!" and that's true, but if I did that daily, bought at daily bottom and sold at daily peak and kept doing that, I would have made 10x and even more a year, probably closer to 100x if I hit it 365 times a year once every day.

I know I won't be able to so why would I worry about missing the big one, when so many people did, and I am not even a trader? So long term investors just focus on buying once, hopefully at a low price, and then sell once, hopefully at a huge price.

Exactly what you said. So it is about our decision to become a long-term holder or become a trader and we should know that every decision that we make will have risks behind that and we need to manage or anticipate the loss that may come after we execute. I have some coins that I held from a few months ago and I did get the very lowest price because, at that time, not many people bought those coins. With the price increases, I am not selling all at once instead sell for some amount to get my initial money back. And I can use that profit for trading if I want or withdraw the money.

Hopefully, people can learn before becoming a holder or trader and know how to minimize the risk. The market will be the same and that will depend on how we can adapt to the current situation.

[Pejoh Asu]

For right now I only hold and I use some coins which I make long term hold for staking or farming, some coins I hold like Cardano, TRON, MATIC and CAKE I am optimistic that these 4 coins will skyrocket soon in 2022 so I will hold and use it for staking.