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Author Topic: Day trading or Long term  (Read 1630 times)
GigaBit
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May 13, 2024, 04:12:48 PM
 #221

HODLING is less risky.

We have been holding for years and we're a real testament to it and that's why we're still doing it. You trade freely and do everything that you want to do.

But as you trade, don't forget about the importance of having your own holding that you're setting for the long term because it will bag you more profit.
Hodling and trading are two different things that can be done simultaneously by anyone, so people who have long-term plans for these two things must of course be able to throw away their worries while still carrying out these things. Moreover, now there is enough evidence from people who are still doing it as you say, so that people who haven't done it can have the enthusiasm to try it with quite a lot of confidence. Because sometimes being too afraid of the risk of loss will not produce more meaningful profits in anything.
You are right that both can be done simultaneously, so if we have measured our abilities and we consider ourselves able to do both, then we can do it simultaneously. However, if we feel we have to choose one, it is also legal, that is up to us.
Yes, if we are too afraid of risks then we will never make a profit, because every time we want to do something that fear will come to us and it might become an obstacle that in the end we never want to do it. However, we also have to be able to measure risks, what risks we can take and what kinds of risks we should not take. We must be able to adapt to the limits of our abilities, don't let it look like we are forcing ourselves in the end.
There are some risk-averse investors who believe that risk increases the chance of profit. There are also some investors who are risk averse because they may not have enough money. But I would definitely find the risk involved in investing in cryptocurrencies. Because if you take the risk, there will be a chance of profit. In terms of trading, a trader can invest in either short term or long term depending on the investor's perspective. If the investor wants to get money quickly then he must move towards short term investment and if he wants to see his investment as wealth then he must plan for long term investment. But if we are encouraged to invest long term to be relatively risk free then we will definitely get more profit from the investment.

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May 15, 2024, 11:58:45 PM
 #222

Everyone has their own view and base on that they could opt out between day trading or long term trading. But the main fact is, trading should be base on their asset. But in my view, long term is better cause thus a trader can analysis and calculate the market properly where short trem trading seems too quick to judge the market. But it also true that sometimes market gives us opportunity by doing day trading and I don't see any wrong if anyone wants to grab it

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May 16, 2024, 01:51:33 AM
 #223

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
  Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better


In my experience, long term holding of good coins would yield you more profit resulting like multiple thousand times your initial investment. At least that had been on the recent history but it's not as fun as trading. A simple day trading can get you over 100% a year safely without taking any leverage. Trading is much fun as you see your idle coin also bring you some profit. There are profits and loss on day trading but if you have a strategy, you'd not lose in long run. I personally plan to do both but I'm more towards day trading that also give me thrills.

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May 16, 2024, 07:03:43 AM
 #224

In my experience, long term holding of good coins would yield you more profit resulting like multiple thousand times your initial investment. At least that had been on the recent history but it's not as fun as trading. A simple day trading can get you over 100% a year safely without taking any leverage. Trading is much fun as you see your idle coin also bring you some profit. There are profits and loss on day trading but if you have a strategy, you'd not lose in long run. I personally plan to do both but I'm more towards day trading that also give me thrills.

Yes, bro, whether it's daily trading or long-term trading, it all depends on the technique we use. If we understand the science of trading, sometimes that's what makes us lose because we're too reckless in taking action so that the profit results become a loss result, because with us starting to venture into trading but we don't yet fully understand what action we have to take so that we make a profit, not a loss.

There are coins that we can trade long term and there are also coins that we can trade daily, for example BTC coins are more profitable for us to take in the long term because profits can be many times the price we bought them, there are also coins that are profitable in the short term such as meme coins, even though they have increased slightly, with capital for example 10,000,000 you can make a profit of at least 50,000 to 100,000, in my opinion that is quite good for those of us who want to trade.

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May 16, 2024, 08:40:23 PM
 #225

So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
  Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better


In my experience, long term holding of good coins would yield you more profit resulting like multiple thousand times your initial investment. At least that had been on the recent history but it's not as fun as trading. A simple day trading can get you over 100% a year safely without taking any leverage. Trading is much fun as you see your idle coin also bring you some profit. There are profits and loss on day trading but if you have a strategy, you'd not lose in long run. I personally plan to do both but I'm more towards day trading that also give me thrills.
Depends on what coins you are really that investing into. The main thing that you should really be needing to look at is into its marketcap specially if you are really that minding on tending to make those multiple folds of your investment then of course you would really be needing up for yourself to have that condition whether you do go for those low caps or would be going into those established altcoins in the market.
It would really be a tough choice considering with your preferences because each investor/trader will really be having that different mindset specially basing up into someones risks tolerance.
There might be those people who would really be loving on seeing profits in short time and this is why they do consider out on making some short term trades and so as with those long term ones which
they would really be holding up their position for long.

If you are in torn in between decisions then it would really be just that wise that you would really be needing to test up on which one fits up your taste and risk taking.
You would be able to find yourself on where you do find yourself that effective or something that you do well.

R


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