Topic: Daily trading or Holding Cryptocurrency for long time - page 6. (Read 1666 times)
I like to take risks even when the market is falling. but I do it only on strong coins. I don't mind making an investment in coins that nobody knows about, but only at a time of General growth
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 that at this time you should only trade the day, we should not holding it will be very dangerous and risky will be very high. You can see that the market is in a bear market in the long run, so it is very difficult to trade successfully. Bitcoin prices have been continuously corrected at $ 8200 during the past few weeks and the price altcoin is showing signs of recovery slightly. But the market is still bearish in the long run, so you should trade the day to minimize risk. Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
With this kind of market now that is so bearish, I suggest you hold. I also love instant profit, but at the present-day situation of the cryptoworld, you can’t afford to resort to automatic decisions, which might push you to fall prey to the whales. With day-trading, you need to trust your intuition, but it’s not applicable now, because the market is unstable and unpredictable, and you do not have the luxury of time learning about it, while relying on your experiences won’t do you good also. So I believe that holding will bring more profit when the market goes bullish again.
Both are risking to a degree.. But Holding long term has more profit unless you are day trading full time and making profit everyday which is very hard to do.
I think that trading is really good but the long-term holding strategy is worth as well, that's why you need to choose the winning one for you personally as different ways to earn good money are possible
holding time cryptocurrency can be done for beginner coin owners, this is because nowadays to do daily trading still has not given clarity of profit. so I think today's daily trading is only suitable for professional traders because the market condition is not stable yet
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
When the market is not stable the better idea would be to trade daily or at least weekly in order not to lose the potential money that you can earn, because holding will leave you to constantly losing while the prices are low. Daily trading is much more risky. The professional day trader and the professional gambler are doing the same thing. They wait for the odds to turn to their favor and then execute their trades and bets. They allocate more money to higher probability outcomes and less or no money to the lower probability ones
I do not think that day trading is more risky than holding, you can see that the market is fluctuating continuously and it is hard to kick, so the day can reduce the risk for you, you have Being flexible in transaction, not worried about holding capital.As long as you have accurate technical analysis, clear transaction plan and discipline, I am sure you will succeed.
I really hate daily trading, it's like a gambling that makes many people loss their money, I prefer like to trading if there is signal that come up, so I just wait and hold my coin unril the price rise.
I think of holding of the crypto coins for as long as possible to be the best thing to do and that this is no doubt one of the best possible way of making more money. You need to make this choice after having enough thought and that once you make any kind of decision, then you must stay over that in all the circumstances and that you need to keep on trying to make more earnings.
I don't guarantee you will earn profit continuously if do day trading because I know day trading have bigger risk, You will regret it if it happens, i sugest you for doing hold to get big profit.
The market is still slowly recovering wait a bit more,
I suggest staying away from day trading in the mean time.
I think so.I still prefer to go on holding crypto coins for a long time because i believe that the market price is bound to increase more in the next months.Maybe if you do day trading with this current condition,you can still gain profit as long as you have your own tactics but it's more stressful i think. I suggest staying away from day trading in the mean time.
A lot depends on the coin in particular and also on your crypto strategy. If you feel the current market value of a coin you have is perfectly okay with you then you're free to trade but keep in mind that in as much as day trading can give you profits it can also incur massive lose due to the instability and fluctuations of the market.. I'm not a good trader, so I hold for long term.
The market is still slowly recovering wait a bit more,
I suggest staying away from day trading in the mean time.
I suggest staying away from day trading in the mean time.
Whatever rocks your boat mate. It's your call. You can decide to hold for long, this strategy is especially suited for folks with tight schedules. I don't have the time to follow current trends as such, I just find a coin I believe in and invest for long term. Full time traders can do daily trading successfully if they have mastered the art
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
depends on you, but i prefer buy and hold. actually the market is down for the Bancor hacking issue. so its good time to invest in altcoin and just hold those coin. I strongly believe after a few months crypto market volume would raised again and we can gain a lot of profit from our holding coin. so i would tell you, buy and hold for a few months. you can gain a great from your holding.
Everyone sure does have what works perfectly well for them and that is what matters anyway as long as you have a strategy and you know what you are doing. Holding will definitely will pay more compared to day-trading. But rewards from held out assets might take more time to arrive in our pockets, that is the reason many people go for daily trading. But, we must understand that protecting our assets is more important than trying to multiply them.
I think to keep in mind the current market situation, daily transactions are a good option. As market volatility increases and decreases daily, it opens up opportunities for all traders to trade for a profit every day. I personally will only make daily purchases because there is still a good opportunity time.
Trading can help you in making lot of money but at the same time, it is quite riskier job to do as you can lose a lot of your money in no time because of one wrong move. I will suggest you not to go for trading unless you are pretty much confident that you will be able to make some very good profit. It will be more profitable for you if you go for holding of some good coin for longer time.
It depends completely on your emotions when you trade a coin. You should not sell because the coin dump.
I had initially tried day trading of bitcoin and lost all the money i invested in the bitcoin.
If you think that you get at least some profit from the rate of your purchase, you can sell. If you are buying altcoins hold it until it get pump and You can plan a strategy of selling if you want to sell.
I had initially tried day trading of bitcoin and lost all the money i invested in the bitcoin.
If you think that you get at least some profit from the rate of your purchase, you can sell. If you are buying altcoins hold it until it get pump and You can plan a strategy of selling if you want to sell.
if you decide to trade now, then trade on a small part of your Deposit. it's still relevant, but the risks are higher. and stay away from unknown coins
Some profit can be made on day trading with BTC right now. The price is unstable, going to 8.5k and falling to 8k in two days.
if you decide to trade now, then trade on a small part of your Deposit. it's still relevant, but the risks are higher. and stay away from unknown coins
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since a few days ago before btc price increase, I try to do day trading and I am happy to see that finally, bitcoin price can increase so high more than $8000 so what I did before can give me a nice profit. and I still do daily trading because it is a good time for me to make another profit and meanwhile, I can buy a lot cheap coin but it's profitable coin that can help me to earn another profit. I still hold many coins and it is waiting for the price to increase higher too.
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