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. 
Topic: Day trade or Hodling - page 43. (Read 28523 times)
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 
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. 
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.
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. For those coins that have potential in the long term can hold for a longer period.
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.
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.
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
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
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.
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.
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
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.
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.
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
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..
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. 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.
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.
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 trade Bitcoin and are good/lucky enough to time the buys and sells correctly, then you will make more money trading than holding. I have found that with trading it is sometimes very hard to know when to sell or buy. I have had times when the price of Bitcoin had a big increase and I sold, but the the price kept rising and I lost out on some more big profits.
My suggestion is to hold some Bitcoins for long term and trade a little. This way you are doing both and you won't miss out of big gains like I did. Another negative to trading is that it takes a lot of your time if you want to do it right. You have to be watching the charts every day.
There are many disadvantages and advantages in Day Trading and HODLING when day trading you can earn thousands or even millions to be possible within seconds or minutes you can also loose thousands and millions with a short period of time buy if you HODL and you know the coin will just dump and dump but you keep on fighting not to sell it, but that will make you loose more so sell right now and wait for the right time to HODL that coin.
I personally don't have enough time to actively day trade, so my answer is hodling. But if you luckier than me and can spend few hours a day trading, than you can definitely make good money by trading intraday.
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