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Topic: Daily trading or Holding Cryptocurrency for long time - page 3. (Read 1684 times)

newbie
Activity: 162
Merit: 0
I am used to scalping and quick profit methods, my brain moves quickly to analyze every available signal indicator, I also follow some premium signals on telegram as a tool. For some coins, indeed with a large volume it is good for the long term, but I only focus on the altcoin with instant hype and I don't hesitate to cutloss.
member
Activity: 364
Merit: 10
 You can have your long-term bag, and you could have a special account just for day-trading. that is if you are any good at reading the charts and determining sentiment.Profits from day-trading could also be used to bolster your hodl stack.
full member
Activity: 280
Merit: 100
Holders have a better chance of profits in the long run, only few day traders succeed long term. If you even doubt yourself of being able to day trade, don't.
legendary
Activity: 1526
Merit: 1001
This depends on your available time. If you have so much time and you can spend those available time in monitoring and analyzing charts and trends then Day Trade is good for you. HOLD also requires analyzing charts and trends, but since you are more on holding for a longer period of time it doesn't require you to check and analyze every hour or every other hour.
I am more inclined to choose day trading, this is because I think that day trading will be much safer. Even though we will only get a smaller profit opportunity, but it will be far better than when we have to wait for a long time with no certainty to get a profit. So each strategy must have its advantages and disadvantages. Whatever we choose must be in accordance with the capabilities we have and it is true that you think that everyone who has more free time then choosing a day trade will be much better.
full member
Activity: 350
Merit: 102
This depends on your available time. If you have so much time and you can spend those available time in monitoring and analyzing charts and trends then Day Trade is good for you. HOLD also requires analyzing charts and trends, but since you are more on holding for a longer period of time it doesn't require you to check and analyze every hour or every other hour.
hero member
Activity: 812
Merit: 500
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.

Do both because they can make a profit.
do research before day trading or holding
full member
Activity: 406
Merit: 100
Depends on the level  trader. Professional trader always outperforms the investor as a percentage. If really true its investors have the privilege of working with the huge capital.
newbie
Activity: 34
Merit: 0
It all depends on your features and situation on the market. But trade brings more profit
full member
Activity: 462
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.

I do day trading Bitcoin. But also I do trade for long-term only on altcoins. I just buy a ton of them and wait it out if they pump and I do try to separate them so that I will not lose all of them.
Anyone who is day trading at this kind of period really must either be some high level risk takers or someone who just does not understand the nature of the market. The market is highly volatile at the moment and based on the way the downward impulse is pretty fast, day trading is one of the most risky moves right now. Long term positions though can be a good moment for anyone to start buying and hold, which I prefer personally.
member
Activity: 266
Merit: 10
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
In my experience, I recommend trading with Bitcoin and Altcoin. I also trade with Ethereum. In my opinion these coin would be better if you trade for long-term. However when it pumps you need to sell -> reduce losses
jr. member
Activity: 322
Merit: 2
In my opinion the current daily trading situation is not good, but we must take risks. Holding cryptocurrency for a long time will provide more benefits. So I just wait and hold my coin when the price goes up.
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.
Depends on what you mean by daily trading. If you try to daily trade on a strong bear market you will daily lose.
member
Activity: 294
Merit: 10
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 believe you should only trade the day at the current time and should not invest long or hold long, the market is fluctuating continuously and bitcoin prices are continuously adjusted down, so I believe that the time This is so difficult to trade, you can only profit from hold when the market is uptrend but the market is now downtrend so you will not be profitable from the hold.
member
Activity: 239
Merit: 10
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
In the present market state I will definitely vote for the day trading, instead of waiting for the holding because if you hold today you're losing it is equal, and if your trade there is an opportunity to earn something.
jr. member
Activity: 40
Merit: 1
daily trading and holding cryptocurrency for the long time both are good for the trader. but now I prefer long-term holding. bitcoin price is in dump now and maybe it would dump more.at this time doing daily trade are the risk.so instead of daily trade holding now good
I think that expert day traders are always get good profit from current situation, they in fact wait for the market to have great volatility so that they can get more chances to buy and then sell in some high price and get a good and instant profit from day trading.
full member
Activity: 322
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 the people because me I am a busy person i am still studying at school so it is hard for me to conduct a day trading because my schedule will not make it. So I much prefer the ling term holding because in that manner I am not gonna go check the crypto everyday I am gonna check it every week and or months. But of course day trading is much profitable because you have a chance to gain money everyday
full member
Activity: 616
Merit: 100
https://exip.live/
Actually this is depend on the your times, knowledge and strategy. If you have full times , will be better to do day trading, but if you dont have enough times for day trading, you can still make big profit , but you have to know when best times to buy crypto, you should have target profit and for how long you will hold it. And never hold crypto forever because the price is pump dump, the price will be back to the bottom.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
right now, it is difficult to do day trading because the market it makes me confused, and if I want to buy one coin that is in the down price, I need to take a look deeper and determine if the price can increase in the next hours or not. yesterday, I almost stuck in the high price but fortunately, I can sell the coins once it reaches the high price than I bought so I can make a small profit and leave the market for a while. but I prefer to hold the coin for a while and will see if the market can be back normal in the next weeks.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
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 the situation of the market. If we see that the market is down I think it would be risky if we'll sell our holdings because it might lead us to losses. It also depends on our skill, it would also be a risk if we'll try something specifically day trading if we don't have enough knowledge about it.
full member
Activity: 172
Merit: 100
quickest cross blockchain transactions
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 that at this point you should only trade the day so that you can minimize the risk and profit the most safely. You can see that the market is bearish in the long run, so to be successful is very difficult, if you invest long term or keep it will be very dangerous and I firmly believe that if you The longer you hold the more damage. Therefore, I believe you should only trade the date at this point.

I agree with that assessment, in fact it is exactly as you say. Bye just hodling my assets slowly but steadily got damaged. But no one expected such a long downturn, everyone was sure this was just a short correction. Well now we are in a sustained bearmarket and if we do not get some big event next month it could go lower than all of us can imagine.
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