Topic: Day trade or Hodling - page 31. (Read 28469 times)

It is depend on ur strategy. I buy and hold some coins for long term and some others for daily tradings. you must choice ur strategies.

definitely HODL.

day trading is 98% of losing long term. in crypto is basically gambling.

If you've been trading with 5-10 active coins every day, for sure half of altcoin will be decided for HODL, it makes sense because we can not share the focus on all the coins, there are some coins that must be actively monitored and specifically for BCH and BTG is currently the right momentum to actively buy, currently some altcoins are in an upward trend.

Ride the waves my friend.

Riding the Bitcoin Cash wave at the moment, easy 30-50% profit in last couple of weeks! Fill your pockets when markets are flourishing!

I think you should use both of methods. You should divide your fund into 2 funds, a half you can invest in Bitcoin, a half you can use for daily trading. You have to learn all things to get money.

I suggest both are good one. You should shuffle the both trading. In long term trading you choose cheapest value cryptocurrency and also you analysis the current and future potential of the cryptocurrency. Then you another coin like BTC and BCH. These coins are high value investment. So you invest less amount and huge profit. This process is more convenient to use for any competitors.

It comes from the word "Hold" I don't know why they use the term "hodl" maybe it is just some new trend word for cryptocurrencies lol, even the word "is real" became "Israel" so if you add the two terms, it is going to be "Hodl Israel" meaning "hold is real" because holding your tokens in the long run will give you the benefits that you can never imagine.

Day trading is good for those people that has a lot of time to give for it but for people who are working all day long on their offices holding will be the best choice for them. I've an example of how much day traders are earning, if you have an investment capital of lowest $500 and this is good for those day traders that are still new and doesn't want to take higher risk and decided to have 3% gain daily.
3%x30 days = 90% and that will be equivalent to $450 and that's quite good right?

The thing there is that HOLDING can only favor you when prices are going up steady, but there are times it do becomes at a steady rate, and you won’t be making much profit then. HOLDING is good if you are the type that’s ready to invest and wait for a long term, if not, you might not like it. Trading is also good, but you have to study it. It took me a long time of study to become perfect in trading, and you can make profit at anytime, same thing as making loss.

It’s a quite a nice division, though I don’t practice ( I’m actually missing out on one, and that is altcoins) my Investment practice is – 60% USD in banks, 20% BTC in exchanges and the other 20% exchanges long term in chain. I do benefit from it, but I think should add altcoins too, maybe that will work pretty fine.

If need to invest you will know the trading process. and gather more information. It good to trad for the future. you will know the gather for it. So you will wait for it. First you hold the bitcoin then you will start the trading process. Trading is not easy way to start so you will gather more trading process.

I think more easy to get profit from hodling, but we need only to know and understanding the fundamental of the coin. And for me, day trade is more difficult , we should be understanding how to read the chart, price action and also understand about some indikator or other technical analysis.

Holding is a good type for investing, but you should not put much money to hold cryptocurrency. First of all, you do not know the future of cryptocurrency without government. You can see the user of Bitcoin still depend on the government and they scare the exchange or other third service provide wallet, exchange are storing their money will rob someday.

Day trading is only profitable for 1% of the traders. You must be very knowledgeable about the dynamic of the markets and also have the ability to control your emotions and stick to a strict risk management strategy. Holding on the other hand is easier to do imho if you're not planning to become a full-time trader anytime soon.

Fact is that most traders lose money daytrading doesn't matter which market we talk about. Daytrading is very risky and without a very good strategy and strict risk management you will not be successful in the long run.
I would always prefer hodling. But if you like trading then just take a little part of your money and try it. Who knows maybe you are good doing it

yes exactly they are both profitable if you are flexible to do that but some are prefer to hold if they are totally convinced by the coin that they are hodl for but if not then dividing some of it to trade and to hodl is a good way of being a trader having think on how you can have a huge of profit.

Rather than just keeping it into the wallet, it's good to try making some additional earning through the same. With day trading or spending little time could get a small earning upon the investment. Holding is the risk free way to make an earning, but for the same we need to have patience.

Good opinion...Need yourself to check it..

I mean 20 percent profit on investing in lisk.  Thus buying lisk at 5 dollars and planning to sell it at 6 dollars.  Well when you daytrade alts, are almost all trading wanting to make btc profit as oppose to usd profit?  I can understand btc because if you have more than you started with, thats good because btc will only go up etc.


Well based on what others talk about here... it would seem like even if someone buys lisk at 5 dollars and lets just say they sell it at 3.50.  So that would be a loss.  However let say btc when lisk was 5 dollars was 5000.  When lisk is 3.50... btc went all the way down to 2000 usd.  Thus btc price went down even more than lisk in terms of percentage.  Some poster said... here this is good because you have more btc than you started with.  I understand you now have more btc but you have less usd.  Shouldnt usd be king here?



So which scenario do daytraders prefer?


Buy lisk at 5 dollars and buy 1000 shares for 5000 usd or 0.0007 btc per lisk.  BTC is at 5000 usd.  Lisk goes up to 10 dollars.  BTC goes up to 15000 usd.


Or


But lisk at 5 dollars and buy 1000 shares for 5000 usd or 0.0007 btc per lisk.  BTC is at 5000 usd.  Lisk goes down to 3.50.  BTC goes all the way down to 2000 usd.



So in this example, you made profit on lisk but lose btc when you sell the lisk for btc because btc went up 3x whereas your lisk only 2x.



In the second example, you lose profit on lisk when you sell it for btc because it dropped from 5 dollars to 3.50.   Lisk dropped 30 percent.  BTC however dropped 60 percent.  So when you sell your lisk for btc... you are getting back more btc than you started with.  That is what you say is the goal of daytrading right... get more btc than you started with?



So which situation does a daytrader like here?  Because my thoughts are well in the 1st example, the guy made around 5000 usd profit.  But he lost btc in the process when selling lisk for btc.


In the 2nd example, the guy lose 1500 usd profit right?  However... here he gained btc in the process when selling lisk for btc since btc dropped 60 percent. 

if you are a trader, then the way of trasing day is a way to get the maximum profit that will get. than you keep your bitcoin just up a bit and a little better profit you gu will be for trading day to keep the profit going without waiting for the price to go up