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Author Topic: Hoddle or day trading  (Read 1194 times)
tengui
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January 14, 2022, 11:46:52 PM
 #101

if you think the remaining altcoins have the potential to increase in the future the best option is to hold, but if you think the remaining altcoins do not have any potential in the future and the price continues to fall the best option is to sell and invest in other altcoins. if you expect instant profits you can make short-term investments, but even so you still have to do analysis to find altcoins that have price movements that are suitable for short-term investments.

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January 16, 2022, 06:55:02 PM
 #102

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.
All depends on you, you have to access the project and know what decision is best for you to take.
But from my own little experience, i did say that if the project is still very active and looks like something that will survive in the long run, then better to hodl of trade little by little in other to aquire or buy more the coin, but if the project look crumpy with an unserious team full of fake promises, then I advice you sell and invest the money in a more serious project, (but this is if there's a means to sell by the way).

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January 16, 2022, 07:15:20 PM
 #103

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.
Trading and holding both have different strategy. At the time of stable market, trading is the best, in my opinion. On the other hand, if you have money for holding, you can buy at the bear market and sell in a good price when market rise again.

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January 16, 2022, 08:43:59 PM
 #104

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.
Trading and holding both have different strategy. At the time of stable market, trading is the best, in my opinion. On the other hand, if you have money for holding, you can buy at the bear market and sell in a good price when market rise again.
This is the common strategy that's being followed by majority of the cryptocurrency users. Right now the market is not bullish, but there are few altcoins that are performing good against the market. Maybe if you hold those altcoins, then trade it against bitcoin or some altcoins that are with good potential, but now trailing behind. This could add more holdings to the portfolio when the market turns bullish.

Even when the market isn't that supportive try to do trading with some funds than keeping hold into the wallet. This will have risk, but if you learn something out of it. Easily you'll start making some money regularly.
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January 17, 2022, 05:32:40 AM
 #105

A lot depends on how the project whose tokens you bought are developing. If his roadmap, i.e. the development plan, assumed such a period, I think that you should stick to the way you planned your investment. However, if you suspect that there is no future in this ICO investment then you can take the risk of trading.
Those who get into ICO stages sadly never prepared any investment plan, they got in with 100$ hoping to turn that to 1000$ and sell on the profit, instead what happened is that the capital turned to 10$ and is now reaching 1$. Roll Eyes

At this stage, it is better for any ICO investor to accept that they lost a lot money and then move on with that. The chance that one fine day that shitcoin is going to go 400x, is a dream and not going to be reality. So in future make better investment ventures and plan beforehand before putting your money into unregulated assets.

Just buy bitcoin when it goes down and stop putting money in altcoins for the time being.

 
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January 17, 2022, 06:32:47 AM
 #106

A ton likewise became well known and fruitful so it additionally depends to the symbolic that you're holding. In the event that you see not that much expectation on it, may get your cash back even you're in a misfortune on it. You can investigate the essential of your coin again whether or not it's worth to hodl. Apparently in the event that that didn't perform well and your token may dead whenever and it has nothing but bad improvement progress.


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January 17, 2022, 06:55:39 AM
 #107

And what are the coins that you still holding? Investing in the new projects are so risky. Holding strategy is not bad as long the project has potential in the future but if that is meme coin or just a trash project then you will likely losing money. You can also do trading but must practice first, start with small capital until you know how to make profit.
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January 17, 2022, 07:20:57 AM
 #108

It makes no sense to keep holding coins when you are already in profits, even if the coin is a very good one you have to sell and wait for dips to buy back, this will bring more profits and also increase the numbers of the coins in quantities

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January 17, 2022, 07:34:24 AM
 #109

It makes no sense to keep holding coins when you are already in profits, even if the coin is a very good one you have to sell and wait for dips to buy back, this will bring more profits and also increase the numbers of the coins in quantities
That is what we called trading and we have to sell our coins for a profit than miss any opportunity.
I have experienced before, I hold coins and never sold them even ATH but I realize that I was wrong, I reject the chance that I can double my money, really disappointed with the results. May holding happen during the hard times but actually, many people had made it right. However, if we are into the look to make a profit from time to time, making a trade is somewhat we need, not holding.

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January 17, 2022, 07:45:22 AM
 #110

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.
For me, It all depends on the project. What were your ideas of these projects before you invested in them, the ones that failed what did you think made them fail, and the ones you are still holding, what are the projects doing that makes you think they will do better price-wise in the future? I don't think investing in crypto blindly is a good choice so something with the project may be a or some Developments about the project should make you say you want to keep HODLing because you believe it will grow in price and don't also forget to take profits at some point.  
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January 17, 2022, 09:15:00 AM
 #111

I prefer daily trading to hold, I think trading cryptocurrencies is different from trading stocks, forex or others, the profit opportunity is very large even in a matter of hours, even though I don't profit continuously but daily trading makes me happy and makes me smart to be able to do analysis.
Actually holding in the long term or day trading is equally profitable and that determines the strategy of each of us,
and both also have certain risks so we must really understand them before trading or investing
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January 17, 2022, 09:24:00 AM
 #112

I prefer daily trading to hold, I think trading cryptocurrencies is different from trading stocks, forex or others, the profit opportunity is very large even in a matter of hours, even though I don't profit continuously but daily trading makes me happy and makes me smart to be able to do analysis.
Actually holding in the long term or day trading is equally profitable and that determines the strategy of each of us,
and both also have certain risks so we must really understand them before trading or investing

Knowing the risk will make us choose what our style trading or hodl, some people will prefer for long term hodl because most of them have a job in real life so they can't watch the market movement every hour different than people who choose daily trading because they got a bunch of times to watch the market movement so they prefer for daily trading. For me daily trading has a bigger risk than long-term hodl.

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January 18, 2022, 10:02:56 AM
 #113

I prefer daily trading to hold, I think trading cryptocurrencies is different from trading stocks, forex or others, the profit opportunity is very large even in a matter of hours, even though I don't profit continuously but daily trading makes me happy and makes me smart to be able to do analysis.
Actually holding in the long term or day trading is equally profitable and that determines the strategy of each of us,
and both also have certain risks so we must really understand them before trading or investing

Knowing the risk will make us choose what our style trading or hodl, some people will prefer for long term hodl because most of them have a job in real life so they can't watch the market movement every hour different than people who choose daily trading because they got a bunch of times to watch the market movement so they prefer for daily trading. For me daily trading has a bigger risk than long-term hodl.
holding is certainly not a bad and unprofitable act, because it could be as you said that many do not want to take too much time analyzing and paying attention to every movement of the coin they are going to hold. but if you trade it is also good and it takes time to continue to be able to analyze before executing it.

both things are equally good if done with principles that are also adapted to each individual's circumstances.
if there is no time of course holding is better, but if there is clear time trading is also just as good. but day trading is more profitable if done more carefully but it must also be noted that the risk experienced is also very large, so it is comparable.

if you want to be safe and not at risk, it's better to hold on to coins which are certain to increase at a certain time, obviously bitcoin is very promising because every bitcoin halving period ends, it will create its newest ATH.

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January 18, 2022, 10:41:42 AM
 #114

I prefer daily trading, even though I don't trade every day or only when I'm off work but I prefer daily trading, this is because daily trading can provide bigger and faster profits than hold, and of course I can't always profit, sometimes I lose .
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January 18, 2022, 10:53:59 AM
 #115

Hoddle and Day trading both are different things but I love holding as compared to day trading as I am not good at trading so I don't like the risk of losing. For a Holder one must have good patience otherwise holding will not give any profit to the holders. Day trading is good only for those who have good trading skills with consistent performance and Trading is not a cup of tea for everyone it requires good trading and analytical skills.

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January 18, 2022, 11:03:34 AM
 #116

I prefer daily trading, even though I don't trade every day or only when I'm off work but I prefer daily trading, this is because daily trading can provide bigger and faster profits than hold, and of course I can't always profit, sometimes I lose .
if you have the time and you can take the time, surely what you say that day trading is more profitable is clearly very true. but it must also be reminded that it is possible that day trading will result in losses and not always profitable. but if you have traded all the time, you will certainly be able to determine which trades are definitely profitable, because you have studied them well.

but not holding back is also not good, because some don't want to take risks that they can't or can't do.
but what I believe is that if I want to hold on to it, I tend to only have potential coins or it's safer to just stick to bitcoin, because the criteria for bitcoin will obviously continue to increase.

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Ozero
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January 18, 2022, 04:32:23 PM
 #117



Do some research manually at each. Find their respective discussion group and pulse the community there e.g Telegram, Bitcointalk ANN thread, etc. Lurk every day and try to find a good reason if it makes sense to believe in that project. Check also their market price and if the volume is healthy.

For those tokens that are now dead according to your view, obviously, just forget them totally. You can't even sell them in the first place.
Am already in losses for most of my holdings in fact some have become worthless and at this point am thinking of diversifying my investment that is why am contemplating diving into trading to recover from my losses.
I also prefer to invest in ethereum and other high-cap cryptocurrencies for long-term storage. Of course, there are and continue to be many good altcoins on the market now. They will require careful study, but even then they pose a certain risk. But especially at the initial stage of their appearance, new altcoins are able to bring higher profits compared to top coins, as was the case, for example, with meme coins.
lenovop-70
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January 20, 2022, 02:50:06 PM
 #118

Just sell your stuck ICO coin, and start doing daily trading, I think it's more valuable than you waiting for a less obvious project. At least you do something to get profit from your own effort.
But before all that you do, I hope you think clearly and do deep research first, don't regret it because what you took turned out to be wrong, so be careful, and good luck mate!
SAWACrypto
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January 20, 2022, 03:19:44 PM
 #119

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.
For me, It all depends on the project. What were your ideas of these projects before you invested in them, the ones that failed what did you think made them fail, and the ones you are still holding, what are the projects doing that makes you think they will do better price-wise in the future? I don't think investing in crypto blindly is a good choice so something with the project may be a or some Developments about the project should make you say you want to keep HODLing because you believe it will grow in price and don't also forget to take profits at some point.  

Is project is useful and in demand it is better to wait till the rise of the market.
Now in spite for the fall of the market the price of NFT continues to grow.
A lot of interesting NFT like https://twitter.com/FomoChronicles/status/1483799729892995074 appears.
I like such stile of NFT and this NFT collection.
Shuna_Inuverse
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January 21, 2022, 03:38:05 PM
 #120


Is project is useful and in demand it is better to wait till the rise of the market.
Now in spite for the fall of the market the price of NFT continues to grow.
A lot of interesting NFT like https://twitter.com/FomoChronicles/status/1483799729892995074 appears.
I like such stile of NFT and this NFT collection.

Many people believe that the rise of the market will continue and now they are waiting for the restoration of the market and do not sell their assets.
But nobody knows how long to wait the rise of the market.
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