Topic: Day trade or Hodling - page 20. (Read 28469 times)
it depends on your skills and your favortire. daily trading is really a difficult work. you have to spend all your time to research and check the market. so, i think you should choose investing strategy, it is easier.
holding was the safest thing you can do them wait until it reach the price value that you like to sell it. Just sit and tight for it then wait for your profit for a couple of months.
I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
if you just do daily trading it seems like it will be hard to get the maximum profit you have to play long term, with long-term play you will not worry stuck and will benefit very much.
It is depend in your strategy how to handle day trading because it is very risky you need to monitor the market chart time to time so that you will not lose,day trading is the fastest way to earn profit several times but you need to have a lot of idea and very skillful to win in tradings,but holding is the safest way to earn profit even it takes long time but you will get big benefits with it,because bitcoin price increase is volatile so that you need to be patience always if you do holding because bitcoin price in the market rising very high.
holding was the safest thing you can do them wait until it reach the price value that you like to sell it. Just sit and tight for it then wait for your profit for a couple of months.
I agree with you, holding is safer than trading so if I'm gonna choose between the two, I will go to holding. Indeed, holding is a long term but it will give you a good profit after a long period of time. If you will have a better patience, you will have a good output. 
holding was the safest thing you can do them wait until it reach the price value that you like to sell it. Just sit and tight for it then wait for your profit for a couple of months.
I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
if you just do daily trading it seems like it will be hard to get the maximum profit you have to play long term, with long-term play you will not worry stuck and will benefit very much.
I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
I tried day trading and long term holding - for me the second plan the more appropriate. I dont have much time to follow news and look at monitor and grafics whole day. I prefer to buy and hodl for years or till the coin makes X5-X10 - then i sell the half of holdings. But some people who s trading are able to make more profit selling the part if holdings at the high and buying again in the down. Im not that kind of people. For me it is stressful to trade - i always sell too early 
I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
Trading and hodling for me is just the same if you are good at taking advantage of moments, you will definitely get a good profit in trading if good at reading the movement of the charts on the market. But hodling is also very lucrative for the long term. It all depends on your choice of each, I personally prefer hodling, because I'm not good at trading. It's nice to do both for 2x income i do is i half my investment and a trade the half and hold the rest.
You can do both, but if you try both you need to have a bigger amount of capital, if you try to do both with a small amount of capital it is unlikely that you are going to become successful at all in any of those activities, if you trade with a small amount of money your profits are going to be very small, especially if we take into account the transaction fees, the fees of the exchange and the taxes you need to pay. 
I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
In long term I think there is no risk the only things I know is just to wait. While in day trade is much more risky because you need to monitor from time to time because if you don't do it you might get loss quickly you can earn quickly then compare to long term. I like this distribution:
25% USD in bank accounts
25% USD in bitcoin exchanges
25% BTC in altcoin exchanges
25% BTC long term on chain
With this, I am always making profits. The altcoin trading portion is always making profits in bitcoin. If bitcoin goes up, all my BTC portions rise. If bitcoin goes down, my USD is more significant, plus there will always be a great bitcoin daytrading opportunity with the USD on exchange, plus altcoins usually go up even more. If BTC died, I'd still have the USD. If all my money and accounts were stolen or frozen by the government, I'd still have the BTC on chain.
I think both of them are very use full for future because if you will do daily trade so you can take your profit on same time here you can buy sell or you can exchange also and investment is little different then day trade in investment you will have to wait for some time but it’s also sure that you can take your profit all together because I’m using both option day trade and as well as investment and it change my life so I will advise to every one use both options.25% USD in bank accounts
25% USD in bitcoin exchanges
25% BTC in altcoin exchanges
25% BTC long term on chain
With this, I am always making profits. The altcoin trading portion is always making profits in bitcoin. If bitcoin goes up, all my BTC portions rise. If bitcoin goes down, my USD is more significant, plus there will always be a great bitcoin daytrading opportunity with the USD on exchange, plus altcoins usually go up even more. If BTC died, I'd still have the USD. If all my money and accounts were stolen or frozen by the government, I'd still have the BTC on chain.
Great topic! I been dealing with this last couple months since I started day trading cryptos. I formally profitably did both in the forex market years ago. But cryptos you can maybe even get better gains without margin trading. Anyways for me its all about the fees! I backtested my strategies 1hr, 4hr, 12hr and daily timeframes in big 3 and yes more profit in lower timeframes but you get whacked .05 to .1 let alone the fees for cashing out. Its almost like I would rather trade daily timeframe free up my life and yes maybe make a little less but not get taxed as often. I am really curious if other traders after doing the math have reached the same conclusion?
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Holding is not even a legit strategy,you should be evaluating the cryptocurrency market and individual coin often. This will help you decide if you should keep holding it or sell some. You also need to factor in your risk management.
I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
if you just do daily trading it seems like it will be hard to get the maximum profit you have to play long term, with long-term play you will not worry stuck and will benefit very much.
for low funds maybe day trading can be a good way to collect some profits and when funds grow bigger, i think to move on to holding strategy and collecting as many coins as possible when at a low price
It is hard to say what is better. It depends on your skills. However, in my opinion, holding is the easier way to get profit. when you trade, you have to spend all your time to follow the market. and if you are just late one second, you can lose your opportunity.
Day trading will get you exhausted and frustrated...just buy and hodl for days, weeks, months or even years
It just makes you disappointed when you do not have too much skill and experience to match it, if you are a professional trader and have extensive skills, trading day will be a way to help you increase profit quickly. In short, want trading day is a not a simple thing, so most of us often choose holding in a long time because we find this simple than trading day, profit is not higher than trading day but it is safe and secure, we do not need too much analysis every day, and I think this is an accurate decision, profit can be slowly earned, safety is still above all I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
i will go for the day trade one cause it'll be more profit i think for that who really need money in daily. but if you have a little extra money go invest that and hodl for a long time and you'll get like you said 5 to 10 times its price value and my advice the best coin to HODL is ETH for now but you have to wait it in the dip and buy that.I think not only day trade that can give trader more profit but holding also give more profit. Why? When you do day trade then you have a certain percentage of profit when you will sell. When you sell it and the price go uo double or maybe triple, so if we sell then we will have more profit.
Both of them have good and bad features , holding for a long term is less stressful and less risky also less precentages usually than day trading , if u are good at treading u can make a lot during day treading! 
I would prefer to put most of my bitcoin into holding for so long. Fees today are high and it's going to be a pain if I'll day trade and will always pay for fees if I want to withdraw from exchange. Day trading is just an option if you don't have some other things to do but if you don't want to put too much effort in trading, you can just stay in holding which is proven and tested to give better results.If you want to buy a bitcoin means, you can carry on day trading and get some bitcoin .If you had a plan to sell ,day time not suit for that one.The price of bitcoin will reach maximum at the end of the day as all of you know.Use day end sell your bitcoin. As come to both Day trade and hold, holding is always better than trading. Because you will additional dollar as long as you hold it.
You can easily recover them but bitcoin has different case. The best option of enjoying grand profits with bitcoin is long term holding with some good target.
day trading is difficult , and requires learning and effort. Definitely not for the beginner or people with little funds on hand. You dont get much profit if you have 500$ to day trade vs 100,000.
For most people , they should hodl.
For most people , they should hodl.
Day trading will get you exhausted and frustrated...just buy and hodl for days, weeks, months or even years
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