Topic: Coins to Trade Vs To Hold? - page 5. (Read 1470 times)
You're thinking about this wrong. The majority of active traders won't make anything. You "might" make money if you trade, but you "will" make money if you're patient and hold. Crypto moves fast, not making money for a "very long time" is measured in months, not decades.
i prefer to hold long term. i am buying and sending to wallet then i am not following that token's prices etc.. i will not sell till to my target.
Alright. Main question: Is it better to hold or to trade?
This completely depends on YOU. Are you a good trader? Can you make consistent decent profit from trading? Are your predictions accurate? Do you like high risk, high reward due to bitcoin and cryptocurrencies' in general's volatility? Then go with day trading!
Do you like to play the long game? Do you like to invest in something but with lower risk? Do you like to relax or do something else and not stare at charts 24/7? Then go with holding! It's just simple as that.
HOLDING and Short TRADING is very different strategies on making profit on exchange sites and it depends on the trader what are their skills but for me if you're a very professional traders and you can predict what happens on market in the next few days maybe you can do the short term trading because you will gain more profit in short term trading than long term if you're good on pradiciting in market movement and it depends on the coins if it has a high volume on 24hr and if the chart is wavy it is easy to Day trade but if you're not so much professional but if you know that coin has a potential to grow soon better to HOLD it for a few months and wait for a big pump but be careful if you feel that coin is going for retracement better to sell it all and buy it on the dip. This completely depends on YOU. Are you a good trader? Can you make consistent decent profit from trading? Are your predictions accurate? Do you like high risk, high reward due to bitcoin and cryptocurrencies' in general's volatility? Then go with day trading!
Do you like to play the long game? Do you like to invest in something but with lower risk? Do you like to relax or do something else and not stare at charts 24/7? Then go with holding! It's just simple as that.
What if you could let someone else trade for you instead of holding? A fund of sorts.
It really depends on how much time (and skill/or time to learn a skill) you have, i've seen people using TA getting charts and coins that double or more, at least getting 20-30% out of each deal, now if i can get 30% in a few days by trading trading would definitely be better, but i don't have the charting skills or the time to learn, so i do with holding and trading on a fundamental basis for long term
I prefer to hold. The main reason is I don't want to spend the time to write down what I bought, rate, date, etc. I don't want to follow the price every day or sometimes twice and more. I don't want to waste my time with this kind of thing. Why? Because if you buy a coin, that you believe in, and wait you will make the same profit maybe more (or less). Time saved, less stress, etc
Hi there. Well my question is to trade or vs hold. However the big difference is i think the main coins like BTC, ETH are better to hold. But those altcoins are best to trade. Thoughts on that? For example look at lisk. If you don't think this coin can ever hit say 25 dollars for example and it would always go between 2 and 10 dollars.. wouldn't it make sense to just buy it when it dips really low... then sell it once it gets very high? But most importantly if these coins you don't see it ever going to like ETH prices?
However altcoins that you think could possibly be like ETH probably should be bought and hold instead? Thus certain coins are better to hold? Whereas certain coins are better to trade?
My thinking is BTC and ETH are definitely coins to hold. But altcoins are great to trade if they keep dropping to 2 dollars then going back up to say 7 dollars and stay around that range. Thoughts on that?
However altcoins that you think could possibly be like ETH probably should be bought and hold instead? Thus certain coins are better to hold? Whereas certain coins are better to trade?
My thinking is BTC and ETH are definitely coins to hold. But altcoins are great to trade if they keep dropping to 2 dollars then going back up to say 7 dollars and stay around that range. Thoughts on that?
I can't give you any advice on any specific coins, but I would assume that a coin is only good for day trading if there's enough volatility in that market.
Even then, it's not for everyone. By trading, you're automatically taking more risks than when you're just holding your coins as a long term investment.
But in some cases, you just want to sell and rebuy, even if you're generally holding coins for the long term.
A good example is the recent news and price drops of Bitcoin. I sold my coins after the news hit at around 4600 dollars and re-bought everything at around 3200 dollars.
So that was some quick and easy profit, since you could see the market move like that from miles away.
Even then, it's not for everyone. By trading, you're automatically taking more risks than when you're just holding your coins as a long term investment.
But in some cases, you just want to sell and rebuy, even if you're generally holding coins for the long term.
A good example is the recent news and price drops of Bitcoin. I sold my coins after the news hit at around 4600 dollars and re-bought everything at around 3200 dollars.
So that was some quick and easy profit, since you could see the market move like that from miles away.
for most people , hold is better than trade, I lost many chances of getting rich because of eth , neo dump. so just hold for the future
i am agree with you several time i am buy coin low and after few days i am sell it.Now i am make decision to hold my coin for 1-2 years.Because I hope hold is gold..
for most people , hold is better than trade, I lost many chances of getting rich because of eth , neo dump. so just hold for the future
There are some coins which are to be kept for long time. Like the price of Doge is now just 22satoshi.. i advice you to buy and hold Doge coins. Also there are othere coins like Lisk which delivers something to every user. If you want to trade then make sure to be active in exchange as which coin to buy and which coito be sold and when.. that depends on your presence.
Alright. Main question: Is it better to hold or to trade?
This completely depends on YOU. Are you a good trader? Can you make consistent decent profit from trading? Are your predictions accurate? Do you like high risk, high reward due to bitcoin and cryptocurrencies' in general's volatility? Then go with day trading!
Do you like to play the long game? Do you like to invest in something but with lower risk? Do you like to relax or do something else and not stare at charts 24/7? Then go with holding! It's just simple as that.
This completely depends on YOU. Are you a good trader? Can you make consistent decent profit from trading? Are your predictions accurate? Do you like high risk, high reward due to bitcoin and cryptocurrencies' in general's volatility? Then go with day trading!
Do you like to play the long game? Do you like to invest in something but with lower risk? Do you like to relax or do something else and not stare at charts 24/7? Then go with holding! It's just simple as that.
So many people mention that holding coins is more profitable than trading. If you trade, then its possible for you to make consistent income if you buy it low and sell at high. But if you hold, then you don't make any money until you sell which could be a very long time.
The thing is aren't there coins that are more profitable to trade than hold and vice versa? For example, i believe bitcoin is a coin to hold and not trade. Because in the long run, if it keeps going up, you will profit. If you keep buying when it dips then sell when it goes up, you make money but it seems a bit more work than holding it. Do people agree or disagree? The thing is people predict it will only go up. So if it only go up, wouldn't that mean holding makes the most sense? Now let say you buy it at a dip and then sell it when it goes back to the price after the dip. Yes you make money but probably not that much because you need a lot of money to trade bitcoin if you want to make decent money.
But with altcoins... isn't buying it at dips and selling when it goes back probably a very good idea? For example let say there is a coin that is 5 dollars or so. You dont see this coin going up high in the future where it could go up like BTC or ETH. You think the coin will stay around this price but maybe go max 15 dollars and just doesn't see it going 50 or more etc. If thats the case, wouldn't these type of coins be the perfect coins to trade assuming these coin prices keep going between say 3 dollars and 12 dollars? Because many times you notice many altcoins would go to 3 dollars then go back up to 6 dollars. If you keep repeating it, wouldn't that be profitable as long as you don't sell for a loss? The thing is what about altcoins that you think in the future could go up like ETH prices. If thats the case, wouldn't those coins be great coins to hold? Now if you buy these coins at dips and then sell them when it goes back up, yes you make money. However imagine you bought 1000 coins of a coin at 3 dollars when it dip. Then it goes back to 5.50. Then you make a 2500 dollars or so etc. Now let say it dips and goes back up many times and every time you do this you make 2k or so. Thats great right? However my thinking is if you think this coin could go up to 50 or 100 dollars, wouldn't trading it be bad idea because you could have bought 1000 shares and sold it many times where if you kept all those shares you make more money and less work etc?
However i feel like trading could make you consistent money. Holding... you dont make money until you sell for a profit. Do people agree/disagree with this? I believe the coins that you should hold for profit would be BTC and maybe ETH. However, wouldn't majority of altcoins probably be best for trading if u dont see that coin ever hitting that high of a price. Like the coin would hit max 10 dollars. But most of the time be between 2-7 dollars etc? Thus buy these coins when there is a huge dip...... then hold until it goes back up to possibly close to double the price or even 50 percent of the price and then sell for profit? Because if u dont sell when price falls after you buy, you dont lose money.
However to those people that trade altcoins especially when buying it in dips, how long typically do you hold these coins to before selling it and locking in a profit? Like if a coin drops from 3 dollars to 2 dollars in a huge dip. If you buy it at 2 dollars, if it goes to 2.50 in a few days, do you just sell it? Do you just sell it if it goes to 2.50 in the same day and cash in the profit? Im curious how many trades a trade does a month on average to make any decent money. If i had to take a guess, someone probably would need to buy at least 2-3 altcoins and buy a lot of shares like 1000+ minimum each time to lock in a profit when it price goes up right? Of course you could buy a coin and it drops down and it takes weeks or even longer to go back up. So how long do you traders hold before you sell it since you are daytrading?
It seems simple to buy coins at huge dips and then sell them when prices go back. So wouldn't it make sense certain coins are great for trading. But certain coins are horrible for trading? I don't really think there are many great coins to hold besides btc and ETH etc. Does anyone here agree/disagree with this? It seems like those altcoins that cost 25 dollars and less seem to be great options to buy during huge dips... then sell it once prices go back up but issue is you dont know how long it would take. However, when was the last time a top 50 coin fell all the way down to almost nothing. Does anyone know? It seems like any coin in the top 25 that isn't btc or eth would be great to buy during dips right? And it seems like during dips, doesn't it seem you could buy any altcoin in the top 25 since when btc goes up, all other altcoins seem to follow? And when btc goes down, all altcoins seem to follow? My thinking is during dips, it doesn't seem to really matter that much which altcoin you buy because when btc goes up, almost every altcoin does the same etc.
Does anyone here say certain coins are great to daytrade since they keep going from one price range to another price range but never gets higher than that? Like if a coin drops to 2 dollars, then it almost always seem to go back to 3 dollars. Thoughts on this?
The thing is aren't there coins that are more profitable to trade than hold and vice versa? For example, i believe bitcoin is a coin to hold and not trade. Because in the long run, if it keeps going up, you will profit. If you keep buying when it dips then sell when it goes up, you make money but it seems a bit more work than holding it. Do people agree or disagree? The thing is people predict it will only go up. So if it only go up, wouldn't that mean holding makes the most sense? Now let say you buy it at a dip and then sell it when it goes back to the price after the dip. Yes you make money but probably not that much because you need a lot of money to trade bitcoin if you want to make decent money.
But with altcoins... isn't buying it at dips and selling when it goes back probably a very good idea? For example let say there is a coin that is 5 dollars or so. You dont see this coin going up high in the future where it could go up like BTC or ETH. You think the coin will stay around this price but maybe go max 15 dollars and just doesn't see it going 50 or more etc. If thats the case, wouldn't these type of coins be the perfect coins to trade assuming these coin prices keep going between say 3 dollars and 12 dollars? Because many times you notice many altcoins would go to 3 dollars then go back up to 6 dollars. If you keep repeating it, wouldn't that be profitable as long as you don't sell for a loss? The thing is what about altcoins that you think in the future could go up like ETH prices. If thats the case, wouldn't those coins be great coins to hold? Now if you buy these coins at dips and then sell them when it goes back up, yes you make money. However imagine you bought 1000 coins of a coin at 3 dollars when it dip. Then it goes back to 5.50. Then you make a 2500 dollars or so etc. Now let say it dips and goes back up many times and every time you do this you make 2k or so. Thats great right? However my thinking is if you think this coin could go up to 50 or 100 dollars, wouldn't trading it be bad idea because you could have bought 1000 shares and sold it many times where if you kept all those shares you make more money and less work etc?
However i feel like trading could make you consistent money. Holding... you dont make money until you sell for a profit. Do people agree/disagree with this? I believe the coins that you should hold for profit would be BTC and maybe ETH. However, wouldn't majority of altcoins probably be best for trading if u dont see that coin ever hitting that high of a price. Like the coin would hit max 10 dollars. But most of the time be between 2-7 dollars etc? Thus buy these coins when there is a huge dip...... then hold until it goes back up to possibly close to double the price or even 50 percent of the price and then sell for profit? Because if u dont sell when price falls after you buy, you dont lose money.
However to those people that trade altcoins especially when buying it in dips, how long typically do you hold these coins to before selling it and locking in a profit? Like if a coin drops from 3 dollars to 2 dollars in a huge dip. If you buy it at 2 dollars, if it goes to 2.50 in a few days, do you just sell it? Do you just sell it if it goes to 2.50 in the same day and cash in the profit? Im curious how many trades a trade does a month on average to make any decent money. If i had to take a guess, someone probably would need to buy at least 2-3 altcoins and buy a lot of shares like 1000+ minimum each time to lock in a profit when it price goes up right? Of course you could buy a coin and it drops down and it takes weeks or even longer to go back up. So how long do you traders hold before you sell it since you are daytrading?
It seems simple to buy coins at huge dips and then sell them when prices go back. So wouldn't it make sense certain coins are great for trading. But certain coins are horrible for trading? I don't really think there are many great coins to hold besides btc and ETH etc. Does anyone here agree/disagree with this? It seems like those altcoins that cost 25 dollars and less seem to be great options to buy during huge dips... then sell it once prices go back up but issue is you dont know how long it would take. However, when was the last time a top 50 coin fell all the way down to almost nothing. Does anyone know? It seems like any coin in the top 25 that isn't btc or eth would be great to buy during dips right? And it seems like during dips, doesn't it seem you could buy any altcoin in the top 25 since when btc goes up, all other altcoins seem to follow? And when btc goes down, all altcoins seem to follow? My thinking is during dips, it doesn't seem to really matter that much which altcoin you buy because when btc goes up, almost every altcoin does the same etc.
Does anyone here say certain coins are great to daytrade since they keep going from one price range to another price range but never gets higher than that? Like if a coin drops to 2 dollars, then it almost always seem to go back to 3 dollars. Thoughts on this?
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