Topic: Day trade or Hodling - page 35. (Read 28523 times)

Actually, this depends on your fund. If you have much money, you can choose invest. If you just have a small a mount, let trading daily

I think it depends on investors strategy. If they have a big budget and fixed income from another work, they can choose to invest in long-term. Otherwise, people who treat trading is their work, they will do every day.

If you don't day trade, then when do you guys make profits?  For example do you have a goal on how much you want to make per coin?  Say you buy 1000 shares of say lisk at 5 dollars each.  Is your goal something like when it hits 15 dollars and you 3x your money... you cash out?


The thing is there are so many swings where prices go down and go up.  So im curious can't you make more money buying when prices get very low... then selling when it goes back up?  Then wait for a big dip and then rinse and repeat?  Of course the main issue is you don't know how long that takes but as long as you don't sell it for below what you buy... then you don't lose any money unless the coin never goes back to that price you get it at.


The thing is are there people that daytrade and say do this for 1 year and when they factor in everything, they could make say 3k a month etc on this?  Basically just buy when prices dip a lot, then sell when prices go back up?  And of course have a set plan on what price they will sell it at?  Say lisk is goes to 5 dollars.  You buy 1000 of them at 5000 dollars.  Say your goal is to sell when it hits 6 dollars so you make 20 percent profit or 1000 dollars.  Now this could be very quick or take very long.  Thus the price could go down to 3 dollars each but if you don't sell, you do not lose.  Then once it hit 6 dollars, you sell it.  Is this what daytraders do?  The other issue though with daytrading is say you sell it at 6 dollars.  Now it goes to 10 dollars, 25 dollars etc.  You would made more money if you hold it.  But if you hold it, you aren't having income coming in.  So what is really the goal here?  If you invest/trade bitcoin as your job, then isn't day trading which means buying when prices dip and selling when it goes up pretty much better than just holding?  Because if you holding... when do you plan to cash out your profits then?  Like is it when lisk hits 25 dollars or something like that?  And the other thing is when you cash out... does that mean you are done with these coins?  Or you go to another coin?  And the thing is when you do cashout, what happens if lisk goes up to 100 dollars etc.  So if you held it, you would have made a lot more money.  So what is really the end goal here?  Make another where okay you don't have to work anymore with your daytrading profits?  Or make enough from daytrading and then just hold a certain percentage as long term investment?


Because if you are holding, how long are you holding for?  I mean if you are holding your coins where if you cash them all out, and you have 1 million dollars, that would be great.  But who knows how long that would take.  What about your expenses etc?  


Also im curious but how much money would you say most of you people need where you don't have to work anymore?  Would 1 million be enough?  Would 3 million be enough?  Would 5 be enough?  The thing though is at the end, you would still want some coins to hold no matter what right?  Obviously if people have a choice of cashing out 5 million dollars that would be great.  But wouldn't most people probably cash out like 3.5 million or something like that since the remaining 1.5 million could make even more money?  Its like once you cash out everything, then you cannot make anymore money.  However, if you cash out everything and eventually all the coins go down, well that would be ideal for the people who get rid of the coins.  But im curious what is the goal for most people here?  Hold and don't look at prices much since you don't trade?  Or just daytrade and make profits?  Because if you hold and if your coin goes up, and when you cashout, you are making a few cashouts only.  With daytrading, you are doing much more of it.  

If we make a comparison in between day trading and holding, then we’ll find this thing that day holding is quite a hectic thing to do and for that one needs to have good knowledge with sharp mind. If you want to play safe, then holding is the best thing to do.

The only thing which you need to take care of while holding is to have control over your nerves. This is the only thing which you’ll be needing the most.

I have been enlighten up, i was planning also to do a daily trading, I am a newbie in investment or trading and don't have yet the guts to hold for a long time, maybe I'll just try both step so I will have an experience as well on which method I can have profit. I  have a friend who is doing daily trade and he is doing a great job with it and earning well.

Day trading is much better for me, because through day trading, you can gain profits. Even small profits, it's important. You entered in trading because to gain profits not losses.

I'm honestly prefer day trading. But here is good article about both type of trading https://www.investopedia.com/articles/active-trading/052815/pros-cons-day-trading-vs-swing-trading.asp

Day trade and holding are both profitable trading strategy but I will still prefer day trading. There's a lot of altcoins around and I can't make sure that  the coin I am holding won't get a competition that is better someday so it's better to make short term tradings.

Day trading is best for newbie. But they have to learn before trading. They can get profit everyday without waiting for long time.

I also have the same view when it comes to the choice between day trading and holding Bitcoins. Day trading is also dependent upon the luck and it must be opted as a way of earning only for those that have been into the area of trading since a very long time and have some pre experience about the field.

Otherwise the entire thing would be a loss and all the efforts are going to get futile as some sharp skills and clever minds could only make the most out of this way. Otherwise holding Btcs is itself a way of earning as the price keeps on fluctuating..

Both can be beneficial and at the same time emotionally draining. If you are going to hold bitcoin, you might as well save your self from rollercoaster ride of bitcoin prices and engage in something that will take your time for six months interval.

hold beacause if you hold the coin you big profit and The day trader is headache and more analys sometimes it's a great deal to hold a comparatively high risk.

I think it's better the first way because the exchange is done every day or in the short term, so we can get a chance to trade with other types.
rather than the second way of buying and waiting for a long time despite considerable profit

You can hold and trade every day. You choose holding with the coin that has potential growth in the next few months. With tradecoin everyday it will help you make money to live every day.

Actually It  depends on your own trading skilled. Most importantly, it seems that your day-care should be considered. It is a long-term job, but If you think so The profit is like your mind you can trade any day. And if losses or profits are low just Keep Holding .

For me , when you are asking what is more profitable ?is it the day trading or the hodling I will rather say both are profitable , but it s up to you on how you will make it .. But for me in my own opinion day trading or also known scalping then perhaps you should have a large amount of money to Invest . The higher the capital higher profit, but this just too.risky you must obtain the skills and should have atleast some techniques and technical analysis on how to engage on day trading .. Unlike hodling ,hodling has the.bigger chance to make you more profitable this is the advantage  but the disadvantage is.you need.to.wait for a long period of time, but if its dumps but still belive on your coin.then buy on the dump price that s what we call averaging.

You can make money with day trade, but you need to accept micro profits. Example, you need to accept profits ~1% per order instead of 10% like other traders, because 1% of 10,000 USD still enough to help you earn one day salary of a retailer in my country

If I think day trading is not too profitable, because pumping the price or coin it can only be done at night trading, let alone to sell it in day trading do not hope dapkat many gan

The answer depends on how good you are and how strong you are emotionally.

Trading can suck at the best of times, day trading is the hardest.

For me I make way more trading on the exchanges than just sitting on it in my Trezor but I also get a sh*t load more stress ha.

I have about 40% of my portfolio hodled in BTC but thinking of selling that to put with the rest I am day trading. Doing really well on XMR right now and feel like hodling it is not achieving full potential. I am new to serious trading though and only really started with 100 bucks investment.