Topic: Day trade or Hodling - page 34. (Read 28469 times)

I wouls choose to HODL (for the falling) - many altcoins are dropping, HODL

I also choose to buy more, not trading (may be pumping).

Coming from stocks as a day trader, I came into crypto day trading and still do it to this day. A few coins such as Ethereum I hold, but for the most part I day trade.

You yourselves answer about which is best whether day trade or Holding. I agree with your point. I prefer to hold only as I know how much I need as return once it reached I will sure about booking profit and it is less risk and your investment gives you best returns. In day trade you need to be restless and risk also there more compare with holding.

It all depends on the person himself. If he is good at day trading, then there is nothing bad in becoming day trader. The thing is you need to have lot of things to do in the world of day trading especially you need to manage your time during day trading.

Holding is also a good option but for that you really need to be patient. Be sure that you are opting the right option before making any decision.

Day trading can't guarantee you the profit all the time it depends on the how much fortunate one can have, sometimes can earn money, sometimes may lose the money, so day trading is like testing the luck.

It can be the other way around like if you hold the small amount and do day trading with high amount of specific coins. The benefit of doing this will be that in case you got a very low profit per coin, you will still be able to gather high amount of profits only because you have more coins to trade with. I think in this way, one can get profit even if the per coin rate increased by very less amount.

What about this?  Pick a few coins.  It could just be 1 coin or 2 coin.  Let say the price is 1 dollar and 10 dollar each to make it simple.  Say you buy 100 of the 5 dollar coin and 100 of the 10 dollar coin so 1500 total.


Your goal is to sell the all the coins once you make 20 percent.  So when the coin hits 6 dollars on the first coin, you would sell it.  When the coin hits 12 dollars on the other coin, you sell it.  But you do it as those sell order where it automatically sells it for you when it hits the price.  So when you do that, you would make 200 dollar profit on the 5 dollar coin and 200 dollar profit on the 10 dollar coin for a 400 dollar profit.  The thing is if the coin price drops.. well you do nothing at all.  You only sell once it hits the 6 dollar and 12 dollar goal.  But say it takes a very long time and it doesn't hit it.  I think selling it back as long as you get back at least 5 dollars and 10 dollar each for each coin is good.


Do people do this?  Thus invest x amount in a coin or coins and have a profit goal for each coin?  Like okay once i make 20 percent or 10 percent on this coin, i want it sold so i could lock in a profit?  Then i go on with a different coin?  Or i might go buy this coin once again if it goes down?  Of course if it goes up, you would have made more money but until you sell the coin, you don't lock in any profits etc.


Now imagine you do this with bigger amounts like 5k , 10k or 20k.  Sure your 5k total investment of one coin or two could go down to 3k or less.  But unless you sell it, you don't lose.  And say you hit your 20 percent goal, well that is 1000 dollars in profit.  If you do this a few times, thats good money.


Im wondering if lot of people do this strategy.  I can see this strategy not work if a person just sells because the price keeps dropping.   But if you don't do that and have patience, isn't this a great idea?  Thus earn more btc... then as you build up more btc, you use that to invest bigger amounts and do the same with other coins etc?

If you have all the time in the world you should do day trading. It takes up most of your time due to constant checking of the market. It can net you more profits for short term but  the risk is higher. If you don't have the time then do long  term hold. No mess. All you have to do is wait.

This time i am about to trade my coins. I just got online and the price is at 7900$. What a great deal for traders today. It was all worth buying during the period when bitcoin is still recovering from that cancelled transaction.

In my opinion, Hodling for 5x or 10x is too greedy. You should consider about 2x or 3x. How about trading? I think that 10% to 15% is the suitable profit

True but holding can be risky as well especially if we are not talking about bitcoin, ethereum or one of the most solid coins, holding an ico coin can be extremely risky the trader that only holds for a day is not exposed to that great of a risk if we compared it to those that hold their coins for weeks or months, so as you can see depending on the circumstances holding can be even more risky than trading.

in this I completely agree with you, because only real actions on the other run brings a good profit. No investment with passive income can compare with trade.

actually more profitable than the results of tranding if we are already proficient but tranding is also high risk. if you want less risk I suggest to hold it

if you are holding a huge amount of a specific coin, then holding for long term is the best for you.
if you are holding a small amount, then you should do a daily trading to increase your coin, because you are not gonna get a lot of money even if that coin goes up in future.

Day trading seems to be hard than holding as you will be engaged the whole day in day trading while in holding you just have to be aware of the market. I think that there are less chances of profit in the daily business as there will be more ups and down as compare to holding of bitcoins. In holding you have more time to decide about your investment. In daily trading you can lose tomorrow which you win today.

well i believe if we want more earnings maybe we can get ingage both trading and saving because both way are really a kinds of profitable way if we are looking for a huge return.sometimes people really need to see the difference of trading in holding we must understand first that trading is more risky than holding because in holding we can really asure that we can gain more .while in trading only god knows how it goes because it really depends on your luck.

This is depend on the time we spend and skill for trading. Only by hold will be more profitable than trading if we not expert and dont have skill in trading. But if we have skill and good psikilogis in trading, trading will be promising bigger return than just hold, but trading also need more time and should be more focus than just hold.

I agree of holding bitcoins in long term. Because holding is more safe and profitable than selling day by day. Many have lost because of haste. There's no risk and nothing will be lost if we holding it in a long time. Just sell it if the bitcoin value is more higher. I got some information that the value of bitcoin in this year will increase and get up to $10k. Just hold it until that price come.

Holding is better than any strategy right now being implemented in this bitcoin world. But this is only for bitcoins, all those who are making their ways in altcoins, they are not preferred to hold their altcoin rather do day trade with them so that regular profits are coming every day and at the end of day they can have something better in their pockets. So good for bit coiners but bad for others.

Day trade always a fun game it depends on the price on that particular time so may get a profit or may not, but long term holding is a better way of trading.