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Topic: Daily trading or Holding Cryptocurrency for long time - page 12. (Read 1684 times)

newbie
Activity: 154
Merit: 0
In this market, their are no perfect strategies anywhere. It all depends on what you understand mostly. In my opinion, I would say that longer term strategy seems to be a better strategy than day trading as you need to know what you are doing before you make profits daily and sometimes, you stand a chance to lose your trades
newbie
Activity: 137
Merit: 0
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
I have watched a video regarding with trading. The speaker said that we need to make a portfolio not just in our coins but when the time we will harvest them. It is good if we divide the portion of the capital we will reinvest, hold for a long time and sell during day trading. If we have that mentality, there is a balance between our earning and investments.
sr. member
Activity: 588
Merit: 257
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

Well with the current market situation it is surely going to be the second option, the long term holding. Who would want to go in a loss with the current situation after seeing how the market is fluctuating like wave in the Tsunami! Its disastrous man, even to think about it getting into swing trades. Im not sure how people keep posting about their success in the swing trades when the market is fluctuating too much crazy like the current one. Well blessing to them but im sure in such situation there are only two feasible things, one is to get more coins bought and second hold them tight.
member
Activity: 219
Merit: 10
People always want to earn quick money so some newbie start day trading but they don’t have more knowledge about cryptocurrency and day trading. Although they start day trading and they are make lose in a short time. I always suggest for a newbie, it is very important to hold for a long time and must analysis coin then start day trading. If you don’t want to lose your money so you must hold your cryptocurrency for a long time because this is a very safe zone.
newbie
Activity: 133
Merit: 0
holding back is a boring thing, better doing trading to return our previous loss, if you really want to hold then hold the bitcoin and ethereum so then you will not lose, don't ever hold other altcoin for a long time.
legendary
Activity: 3122
Merit: 1140
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
No matter how the entire market would dump day trading would always give out the chance for us to profit if we are a certain type of trader. We arent dependent for long term therefore volatility would be our bestfriend and our best enemy on this case and on this situation you should know how to utilize those movement for you to earn but basically this kind of trading wont really be that easy where certain skilled traders do able to survive or sustain this kind of trading types and most of the time traders do prefer up holding because of risk factor or level.
full member
Activity: 471
Merit: 102
Daily trading is the best among all of the sector. Could you please tell me how much you earn from holding coins in these six months? Then ask a daily trader, he will answer you with a good amount of money. Everyone hold daily traders are too. But, Daily trading is better than Long Hold. Though trade has the risk but Hold has no risk if you hold the good coins. That's why trading is not for everyone and HODL for everyone.
sr. member
Activity: 574
Merit: 256
It is totally your choice that whether you want to go for trading or long term holding.Holding is bit simple.You just have to buy and hold until you find a better price to sell but trading is bit difficult.It requires some skills and experience because it involves keeping an eye on the ups and downs of the price regularly and buying and selling according to that.If we consider the present circumstances then trading will be better because regular drops are being noticed in the price and holding is giving us nothing.By trading we will be able to earn quick profits and will be able to cut our losses.But only choose trading if you think that you have enough skills and experience for it.Otherwise keep on holding.Soon the price will rise and you will make profits.
member
Activity: 462
Merit: 10
trading is most valuable thing in cryptocurency world. long term trading other wise holding long time is done by most crypto experts and investors. it is done after many of studies about the market. daily trading is high risk and low profitable.
sr. member
Activity: 1414
Merit: 283
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
Obviously with the market going red it is just better to just hold, because even if prices go up in a day they won't go up that much so you won't be able to get as much profit as you would get by just holding it for a while and wait ing for the market to move a little, trading for the past few months has been really hard but surely we will see some improvement and some progress and hopefully we will be able to trade in any way we won't whether it is day trading or holding.
full member
Activity: 292
Merit: 100
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
It depends on which coin you are trading.As if the coin you are trading is new and is popping up it's price every day than it's good to do day Trading.But if the coins is old and stable than you should hold it for a long time.Some time  for some coins even though they are new but you know they'll grow than you can hold that coin.But right now the market situation is critical so it's good to do day trading and settle with small profit.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

daytrade needs a lot of capital, a lot of time and a lot of knowledge and a very practical strategy that will bring good results, if you do not have the patience and you do not have knowledge, then you can lose money. while Hold is necessary patience, just invest money that you will not need so soon

I prefer holding of crypto currency over day trading because whenever I try to do day trade it ends up with the same result, LOOSE.

This already happened to me.

full member
Activity: 266
Merit: 103
I prefer holding of crypto currency over day trading because whenever I try to do day trade it ends up with the same result, LOOSE. I have tried several times using market theories but all the times outcome was same. So finally I decided to end up with holding my best coins until next crypto summer comes. Hope it will be here soon.  Grin
member
Activity: 728
Merit: 63
$CYBERCASH METAVERSE
Based on their thoughts. But there is panic in the daily trading and the holdings do not panic. Holding it in my opinion can be beneficial more. Although the price is low, it will rise again after a few days, that is the rule of the coins.
full member
Activity: 420
Merit: 100
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

Obviously, day trading is more profitable because you can always earn profit daily or monthly depending on how long you trade while holding for a long time is not assured if you will earn profit because the market is volatile.
sr. member
Activity: 700
Merit: 275
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 is not effective as holding the crypto in long term,so if anyone who don't need money in the short term will go for holding.And trading is totally different from holding if you want a job then trading is for you or you just need the passive income from your money the holding is for you.

True, day trading can be tricky and may not get us that much profits as we want. People do take 2-5% profits on daily basis but sometime a time might come where you may loose over 10% and thus loosing the previous trade and the current one too. May be thats not the best thing to in the crypto when it is being so much volatile in the first place. I personally choose to hold all my tokens and dont trade until the time is right. For me the right time is only when im getting more than 10-20% profits and I am willing to wait for them and thus hold it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

I think it is better to hold for one or two days because I see many coins give time to increase later so it will good if after we buy at the low price, we can wait for a while until the price increase. usually, the price increase in the other day and after the price is a dump, it will bounce to the higher price. I try this in a few days ago in dgb and yes, I make a nice profit for this. I will try again with another coin and see if I can make a profit too.
member
Activity: 633
Merit: 14
I personally would just make a massive purchase and hold it longer and while waiting for the bull market to come back, because it's not too much of a risk to me personally with this market, but back again the desire that you believe to continue to make a profit like this, I just advise not to take risks, the market is unpredictable because maybe it will fall deeper.
full member
Activity: 352
Merit: 100
According to current situation daily trading is not good, but we have to take some risk. Holding cryptocurrency for long time will give more benefits. Always holding with patience will give more profit than any other. The current market is totally in downtrend, now only its starts to increase slightly so in future it will increase and will give more profits.
newbie
Activity: 154
Merit: 0
If you have a full  grasp  of both technical and fundamental analysis and have the discipline to control your emotions. Then you should choose trading. You are better off with it
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