Day trade or Hodling - page 43. | Bitcointalksearch.org

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: robotrobert on October 09, 2017, 03:31:48 PM

Indeed! Day trading is generally related to altcoins, all those coins that are just starting their journey in the crypto market.

I don't think your generalization holds water, what determines what coin to Hodl is their stability overtime and future projection. Presently I am Hodling Dogecoin (21 Satoshi today) rest assured that I shall be selling them at 100 Satoshi or more in the not too distant future!

Quote

Day trading is very much hectic and people definitely don’t like much getting into day trading.

Yes day trading may seem like Latin to an English man because he actually knows next to nothing what it is all about!

Quote

But still if your coin fluctuates a lot in prices, you are eligible for day trading but coin like bitcoin generates best results when held for long time.

Bitcoin happens to be one of the most volatile currencies, so easy to be down or up by over 500 USD within 24 hours. Then reason people nonetheless Hodl it, is because of the very strong community bias and projection that Bitcoin is headed for the moon, of which it has corroborated time and again by its resilience in bouncing back every time it ran into a storm.

d1ceplayer

sr. member

Activity: 686

Merit: 277

Quote from: Exotica111 on October 02, 2017, 12:47:49 AM

In my opinion you can do both day trading and holding. Day trading is mostly for coins that pump and dump.
For those coins that have potential in the long term can hold for a longer period.

For those people who want to get a profit everyday they are required to do both types of trading because in holding trading there profit are gain after a specific time and while in day trading their profit are gain at the same day and also if they have any loss in holding trading then their recovery will also require a lot of time while when doing both business then if one day they have loss then other day he will recover their loss and also continuing their holding trade with that.

rachelia13

full member

Activity: 434

Merit: 100

I prefer daily trades rather than holding because I'm looking for a little profit, whereas if holding back is too risky, very boring and I am not one of those people who are patient for waiting, and I can not trade if I hold my bitcoin, I often lose the opportunity to earn profit because I thought I could get a big profit by holding back the bitcoin I had, but eventually I would cutloss if the price was down

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: steve0nz on October 09, 2017, 03:35:42 PM

Hodling is key, I have lost more from day trading then Hodling. I would be a rich kid if I had just held on to my coins.

I sense you ain't telling yourself the truth - you didn't lose or failed to become a rich kid all because of day trading, must be you ventured into it with little or no knowledge and skills and those are more or less indispensable to be able to find one's feet in the market. Holding is really no strategy and requires no skills at all and that's the reason it is particularly appealing to newbies and those hard at understanding how to trade. As a matter of fact, much more stands to be earned with a combination of trading and Hodling for the trader that knows what to and when.

Rana590

sr. member

Activity: 1750

Merit: 267

Quote from: sch_lau on October 09, 2017, 10:48:20 AM

I think you should do both, it is less risky that way. If you hold big projects while you lose all your trading money to pump n dumps, you'll still have your big projects and the value of those tokens. if on the other hand you decided to hold and the project falls appart, you might be lucky in trading and make money that way. If you're good at hold and trading then that's even better Wink

Trading and holding are different way to earn. A day trader can earn by day trading if he is an expert on it. If anyone can trade with low income he can make good profit after work. But hoping more profit at a time is risky on day trading. For this reason, holding is best way.

steve0nz

full member

Activity: 358

Merit: 100

Hodling is key, I have lost more from day trading then Hodling. I would be a rich kid if I had just held on to my coins.

robotrobert

full member

Activity: 406

Merit: 101

Quote from: Exotica111 on October 02, 2017, 12:47:49 AM

In my opinion you can do both day trading and holding. Day trading is mostly for coins that pump and dump.
For those coins that have potential in the long term can hold for a longer period.

Indeed! Day trading is generally related to altcoins, all those coins that are just starting their journey in the crypto market. Day trading is very much hectic and people definitely don’t like much getting into day trading. But still if your coin fluctuates a lot in prices, you are eligible for day trading but coin like bitcoin generates best results when held for long time.

ged00u

hero member

Activity: 770

Merit: 500

Quote from: Xenoph0bia on October 08, 2017, 07:40:15 AM

Quote from: acpr23 on August 13, 2017, 02:40:06 AM

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 think that you should hold your coins as Bitcoin has got a lot of potential and you can expect healthy amount of growth from it within 3-4 yrs . In 4 years, the price of Bitcoin may be close to 12000$.
Holding reduces your chance of potential losses which you may face in trading crypto as crypto markets are highly volatile.

Traders take more risk so that they can make more money from trading. As you can see, day trade is better if you know how to trade correctly. In a week, there are about 5 coins that is bumped very strong and traders can take advantage up to 2 coins of those 5 and they can easily double their capital in 1 week if they are a good trader with a lot of experience.

moinul018

member

Activity: 74

Merit: 10

Both have their own pros and cons. First, you need to make a strategy on how you want to invest and capture your return on investment. Day trading is good, if you have enough time and required knowledge to understand the dips/highs. On the other hand, for long time investment, choose the altcoin with good prospect/team and keep holding until you make your determined profits.

moopser

newbie

Activity: 90

Merit: 0

Why not to perform both? Portfolio diversification can bring much more value than just holding or just making some daily trades.
Choose where to enter the trade, choose where to close trade. Repeat.
And doesnt matter if it will be triggered in 2 hours or in 2 weeks. Thats it

evemms

newbie

Activity: 13

Merit: 0

Quote from: acpr23 on August 13, 2017, 02:40:06 AM

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?

With proper understanding of the way markets work as well as hard work and self control then day trading will certainly be more profitable. However, most people do not have those skills and so for the average person, simply buying and holding is far more profitable.

tobs

full member

Activity: 282

Merit: 100

Quote from: HappyNonce on October 09, 2017, 01:02:31 PM

Quote from: acpr23 on August 13, 2017, 02:40:06 AM

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 my opinion, day trading is just gambling. I believe in the long term success of cryptocurrencies.

But we need to focus on the possibly the biggest profit, and this can be achieved only by daily trading and taking advantage of price fluctuations. If you take into consideration, upcoming news and analyze daily highs and lows you can quite easily predict the price movements. I'm not talking about bitcoin, but there are coins that move 2x in a matter of week, and with random small altcoins and post ICO projects that gain up to 200% in a matter of days just to be dumped next week and be worthless, there is much more to profit from trading than only holding.

Potato Chips

hero member

Activity: 2786

Merit: 902

yesssir! 🫡

Quote from: electronicash on October 08, 2017, 11:42:09 AM

Quote from: websoftwareengineer on October 08, 2017, 11:20:22 AM

Quote from: acpr23 on August 13, 2017, 02:40:06 AM

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 or holding will both allow you to get benefit so why not do the same thing at the same time. Try to look for the best information before investing into a coin so you would not lost the profit immediately due to the decrease of value.

can not guarantee what could happen still. i use to hold a promising token but after sometime things got awry and the value dips less than that we expect. there were so much expectation about the token being more than $10 after a year but its disappointing. which is why its best to just keep going with the flow and that riding the pump can always make you profit. you can't expect every one to hold so before they could dump, its best you do it the first.

yah i have also experienced something like that thankfully i learned my lesson because compared to bitcoin as they have more hypes and fuds thus resulting in a much wilder

fluctuation so you have to be more careful. This is also one of the reasons why day trading can be less riskier because you just join the pump and get out quickly, the shorter the

time frame the higher the accuracy although it depends entirely on what strategy will you use on day trading. its still has its risk

HappyNonce

newbie

Activity: 33

Merit: 0

Quote from: acpr23 on August 13, 2017, 02:40:06 AM

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 my opinion, day trading is just gambling. I believe in the long term success of cryptocurrencies.

bohr

sr. member

Activity: 994

Merit: 257

Quote from: que91 on October 01, 2017, 03:58:55 PM

Quote from: Lazada on October 01, 2017, 11:01:43 AM

Quote from: kynaz on October 01, 2017, 09:11:20 AM

I think if you are a good trader then trade by day will help you get good profit but you will spend a lot of time to monitor the market and this is not good. For me we should invest 1 potential altcoin and keep them till the highest profit

I agree with you that we should keep at least 1 coin that has excellent potential. Because the potent coin will be able to give us many advantages. One thing to remember is never to be easy to change opinions. Our analysis of the coins we have becomes the most important part. Look at how the graph increases and decreases. Oh yes do not forget to always see the development of coin you have because dev regulations and decisions will be able to affect the price significantly.

Let's prepare careful your plan, then you do not need ask others and exchange experience or opinion, others only make you doubt your plan and will change if you heard many the opinions opposite with you.

The experience and the opinions of other people are always valuable since it can allow you to make adjustments to your plan if you were unable to take some factors into consideration, what is wrong is to take an advice blindly without knowing if the advice is right or wrong, that is why we see some people investing in a coin just because someone recommend it and they lose money as a consequence.

sch_lau

member

Activity: 103

Merit: 10

🌟ATLANT ICO: 7/09/17🌟

I think you should do both, it is less risky that way. If you hold big projects while you lose all your trading money to pump n dumps, you'll still have your big projects and the value of those tokens. if on the other hand you decided to hold and the project falls appart, you might be lucky in trading and make money that way. If you're good at hold and trading then that's even better Wink

Nonakryse

member

Activity: 83

Merit: 10

forget day trading, it's the most stressful thing you can do to yourselves, especially if it's your only source of income. You should only hold if you honestly believe that blockchain has a future and that the value will eventually increase. If you don't believe in that it doesn't make sense to even get involved into trading..

BlueStackz

legendary

Activity: 1204

Merit: 1028

Quote from: CoinFoxs on October 07, 2017, 05:06:23 AM

It varies from token to token, some tokens like Adx is good for short term or day trading and some coins like AE, DGB, IND and ICN are good for long term trading. So both are profitable!!

Both are good types of trading but it depend on the desire of a person who want trading some people want to get profit every day even profit is small but some people want to get big profit even they require a numbers of days. So those people who want to get big profit he should do holding trade while those who want to less profit he do day trading.

electronicash

legendary

Activity: 3178

Merit: 1054

Quote from: websoftwareengineer on October 08, 2017, 11:20:22 AM

Quote from: acpr23 on August 13, 2017, 02:40:06 AM

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 or holding will both allow you to get benefit so why not do the same thing at the same time. Try to look for the best information before investing into a coin so you would not lost the profit immediately due to the decrease of value.

can not guarantee what could happen still. i use to hold a promising token but after sometime things got awry and the value dips less than that we expect. there were so much expectation about the token being more than $10 after a year but its disappointing. which is why its best to just keep going with the flow and that riding the pump can always make you profit. you can't expect every one to hold so before they could dump, its best you do it the first.

websoftwareengineer

full member

Activity: 364

Merit: 100

Blockchain with VTOS energy

Quote from: acpr23 on August 13, 2017, 02:40:06 AM

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 or holding will both allow you to get benefit so why not do the same thing at the same time. Try to look for the best information before investing into a coin so you would not lost the profit immediately due to the decrease of value.

Topic: Day trade or Hodling - page 43. (Read 28455 times)