Daily trading or Holding Cryptocurrency for long time

ranman09

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Quote from: deppil on October 12, 2018, 09:13:30 PM

Quote from: cryptorima on October 12, 2018, 12:53:15 PM

Quote from: Sreya333 on July 11, 2018, 05:11:27 AM

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

Day trading and long-term investment both are good decision at the moment. But day trading is more profitable for me. Cause if you have enough skill in day trading then you can get profits every day. But sometimes you may loss some. But it's better for me.

Thats the point. You must have the skills to be able to do daily trading because there will be many things that you have to analyze
and calculate and that requires high knowledge and skills. yeah it's more profitable but of course the consequences will be more greater risk

Agreed. If you have the skills you can do day trading, or simply ride the trend of the market. Crypto market today is stable, there is a few ups and highs, if you can ride that then it will surely be a profitable system.

deppil

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Quote from: cryptorima on October 12, 2018, 12:53:15 PM

Quote from: Sreya333 on July 11, 2018, 05:11:27 AM

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

Day trading and long-term investment both are good decision at the moment. But day trading is more profitable for me. Cause if you have enough skill in day trading then you can get profits every day. But sometimes you may loss some. But it's better for me.

Thats the point. You must have the skills to be able to do daily trading because there will be many things that you have to analyze
and calculate and that requires high knowledge and skills. yeah it's more profitable but of course the consequences will be more greater risk

Nick Abimanyu

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Quote from: Sreya333 on July 11, 2018, 05:11:27 AM

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

Given the stagnant market conditions, it seems that daily trading is not the right strategy to do at this time. I know, 'daily trading' can still be done, but it seems difficult for us to get maximum benefits. In theory, market conditions are quite stagnant is very easy to predict the direction of movement namely Up or Down. But, what can we expect from day trading, if the conditions are stagnant this will continue to be prolonged.

iamlds08

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for me, it is always the hodler wins rather than the day trader. because in this industry based on my own experience, patience in hodling is more sustainable rather than scalping or day trading.

pieppiep

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you should be able to trade daily rather than have to hold the assets you have, because by doing daily trading you will be able to get a profit every day when the coin price has a movement, so you should never hold the coin for a long time because it will make trading capital you have become unable to grow and make sure you know to determine the right time to buy and sell coins so you can do daily trading.

Muzika

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Quote from: cryptorima on October 12, 2018, 12:53:15 PM

Quote from: Sreya333 on July 11, 2018, 05:11:27 AM

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

Day trading and long-term investment both are good decision at the moment. But day trading is more profitable for me. Cause if you have enough skill in day trading then you can get profits every day. But sometimes you may loss some. But it's better for me.

day trading really gives you a profit because the market always moves in different directions therefore it is up to you if you will adapt the movement to earn or not, it is good because when you earn the quantity of the coin that you have will increase time after time when you do a successful trading meaning you will earn number of coins and not value which is when you do holding only the value will increase and not the quantity of coins.

cryptorima

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Quote from: Sreya333 on July 11, 2018, 05:11:27 AM

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

Day trading and long-term investment both are good decision at the moment. But day trading is more profitable for me. Cause if you have enough skill in day trading then you can get profits every day. But sometimes you may loss some. But it's better for me.

gohan21

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It's more profitable if you do daily trading to avoid lossing market situation for now and for holding cryptocurrency in long time its depend if you gonna earn or not.

MrVuuu

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all market participants can keep the coins absoluntly, but only a few are able to do daily trading. Therefore, the answer is obvious.

darkr

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Quote from: yonjitsu on October 07, 2018, 01:00:27 AM

I think it's better if you go on holding your cryptocurrencies for a long time than making daily trade which will result to a loss of your crypto assets. Unless if you are already an experienced trader imbued with knowledge and luck.

When you have enough experience, the best choice is simply combining both of these activities. Nevertheless, a newbie must better become a holder first, not a day trader.

Yamifoud

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Maricel2017 on October 07, 2018, 05:44:15 PM

It depends in the scenario but mostly i always do is hold coin waiting for the right value to sell, if i see that i already generate 10% - 20% income at the current value i sell them and find other good coin to hold again. In day trade my target is only 5% - 10% income then sell 50% of my hold coin.

That's right, cause not everyone will preferred for trading instead they'll keep on holding when market turn like the present trend we have.
Holding is the way to be safe from losing but due to market condition now, it seems to be not good at all cause prices isn't moving high and we wait for a long time with any gains made.

Maricel2017

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It depends in the scenario but mostly i always do is hold coin waiting for the right value to sell, if i see that i already generate 10% - 20% income at the current value i sell them and find other good coin to hold again. In day trade my target is only 5% - 10% income then sell 50% of my hold coin.

Ludmilla_rose1995

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very interesting when discussing this. I understand a bit more about how to analyze the market and its fundamentals and I prefer trading daily because profits can be turned back into capital immediately, so my money will continue to spin even though it doesn't always run smoothly but I'm very satisfied...

pkb007

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Quote from: Sreya333 on July 11, 2018, 05:11:27 AM

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

According to the current market conditions, it is better for me to hold for long periods of time. The price of all coins is low, so it will be wise to buy and hold it at as little cost as possible. For me day trading is very dangerous, but this situation experts may benefit from this.

devinks

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at this time I think to keep holding our coins, because if we trade in conditions when the market is not stable it is certainly very difficult to get the profit we want. get a profit still can but it is not big and not every day. I am sure that as we continue to hold it, the big profits will come to us when prices rise and the market stabilizes.

bitcoin31

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For now holding for longterm is good because market now is dumping and better if you your coins for few years and you will get more profit after that. But you can do also daily trading and you will earn also profit but remember depends to the coin that you have if it's for longterm or not.

ApocalypseNow

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The appropriate answer is to do what is between the two which is just for short term. You should do the same thing like Ian Balina which is an ICO investor, he made a lot by just sticking for a while in an altcoin and then sell it when it goes up and then he'll find another one that will give him the best ROI and he repeats the process over and over again.

quandong

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The investment and use of bitcoin is risky, especially speculation because prices may fluctuate abruptly, despite the sharp increase in recent times. Therefore trading Bitcoin everyday is the smart choice to eat the price difference

yonjitsu

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I think it's better if you go on holding your cryptocurrencies for a long time than making daily trade which will result to a loss of your crypto assets. Unless if you are already an experienced trader imbued with knowledge and luck.

Iandi anne

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Quote from: Sreya333 on July 11, 2018, 05:11:27 AM

Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

That would be holding for a longer period of time. I believe that the market will soon recover and the price would rise up again. Let us not lose our hope and think positive that it will be better.

Topic: Daily trading or Holding Cryptocurrency for long time (Read 1600 times)