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?
trade is most profitable if you have knowledge and guess market increase or decrease. holding is good for some coin cause have many coin that day by day increase. trading is best for regularly satoshi growth. 
Topic: Day trade or Hodling - page 44. (Read 28523 times)
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$. Holding reduces your chance of potential losses which you may face in trading crypto as crypto markets are highly volatile.
I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
I think that you should hold your coins as Bitcoin has got a lot of potential and you can expect healthy amount of growth from it within 3-4 yrs . In 4 years, the price of Bitcoin may be close to 12000$. Holding reduces your chance of potential losses which you may face in trading crypto as crypto markets are highly volatile.
Day trading and holding are both good. The only advantage of day trading is you are always updated on what is happening on the market compared to long term holding where you just check them not too often.
It all depends on how much time you have for Bitcoins. If you are treating it as your second source of income and you are having some permanent job as well, then holding is the best option.Otherwise, if your only source of income is Bitcoin and you are giving your entire time to Bitcoin then I must suggest you to go for day trading.
For me who cant look on the prices all day long will really do holding and will set only amount I wanted it to be as well as the the month I expect it to sell,though mostly it doesn't goes well that I wanted but as long as I earn enough from that coin then it'll be fine.
Right. Day trading is for people who have more patience and composure than most since prices can quickly drop and you have to have the ability to react quickly as well. If you lag down on while day trading, you'll end up missing good entrt or exit points
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
Day trading is not the price of cake at all, it is the most tough and complex method of earning bitcoin and other digital coins. Day trading involves hell of attention; you need to sit in front of your monitor all the time to check the situation of the market and your coin, besides you never know that it is the right time of selling your coin or not. 
I am not a regular trader so day trading is bit risky for me as you never know when price can crash so I believe in investing in good altcoins with higher volume and the one who holds good reputation as even if price falls it will recover back so having patience is the key factor in trading and if you don't have patience then you are at a wrong place for sure.
I even do three things from both options, that is gambling, a good balance combination when I am saturated in gambling and then move on to my next activity as a daily trader, some coins I definitely hold and even continue to buy for the benefit of long-term assets, strong analysis should be based on pleasure and confidence.
it is Depend on your believe and risk
for short time holding is better
for long time trad is better with some smart and experience
for longer time holding is better with high risky and high income
I don't agree with the holding thing you are saying here. It's always good to hold for longer terms because it increases your earning potential by many fold. This is because bitcoin price is increasing day by day and it will continue to rise like that forever. This is for sure true because investors will be more than enough in the future as compared to today's number.
The risk is there it's no with bitcoin but with altcoins if invest into them. With bitcoin the world is not getting away at least for next two to three decades. People are progressing more on Blockchain and with that they are developing the potential use of bitcoin and hence its existence will increase more.
Trading is actually short term and high risk. In that case you can loose money within single trade.
You shouldn't be asking this kind of questions.
Make your own decisions with your money and do only what you think it is best to do.
I see some guys here are answering both, i don't understand how do they hold and trade at the same time.
Make your own decisions with your money and do only what you think it is best to do.
I see some guys here are answering both, i don't understand how do they hold and trade at the same time.
To my own understanding they trade those coin that they think that are pump and dump kind of coin and they hold coins that they think will give them high return after how many years. Not all coin are profitable in long term just like DOGE.
If you want to do day trading than you should do research by reading blogs, interviews, news,...
For some altcoins day trading can be very profitable but it is risky. I prefer just holding my bitcoins (long term)
For some altcoins day trading can be very profitable but it is risky. I prefer just holding my bitcoins (long term)
You shouldn't be asking this kind of questions.
Make your own decisions with your money and do only what you think it is best to do.
I see some guys here are answering both, i don't understand how do they hold and trade at the same time.
Make your own decisions with your money and do only what you think it is best to do.
I see some guys here are answering both, i don't understand how do they hold and trade at the same time.
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?
Well I think it's both profitable. Day trading needs a lot of attention so you can track the coins and can sell it immediately and have profit while in holding is the safest way as you just leave your coins and get back again after years or if you have at least profited. It's both good and it's all up to you how you manage this.
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!!
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.That is the hard part after buyig a coin. The monitoring part.
You will have to check everyday just so you wont be late if ever there is a big sell that is incoming.
I have other coins but it seems it is getting harder to monitor them all considering there is so mucb that is around. Better bookmark and make a spreadsheet to feel some ease.
Holding is better than day trading if the trader is not good at this profession. Otherwise, trading is always better than simply keeping asset.
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?
Both are good source of profit it depends on the person on how will you strategize your investing or trading habit. Though day trading is too risky and you need to watch over the flactuation of the market everyday and it is stressful and yet profitable to those who are professional traders. While long term investment is just relax and will just be waiting for our investment to grow in coming years.
Yeah it depends on every person, personally i think that it is better to hold some coins instead of trading, because it gives more profits if you dedicate some time for searching information about the coins you are going to invest. And trading demands more time, and you have to be a lot of time in front of the pc waiting for changes in the price. So it depends on every person.
I have been looking at the bitcoin price for a couple of weeks, it seems that bitcoin are just unable to break through the price of $4500 USD since the Chinese government announce the ban on crypto-currencies exchanges, I would still prefer to hold all my bitcoins in my wallet until the prices recover above $4600 USD for selling.
We cannot expect wonders to happen within just a few period. The fact that bitcoin bounced back in a very short time after the Chinese news is even a plus for bitcoin. For now, it is still trying to hover around 4100 to 4400 and let us see how it turns out. Once it can break out from this region, you may really want to cool down with selling a little bit. 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 this was made taking bitcoins in mind, then I think day trading would not be much better because bitcoin has the potential to do 5-10x and it has proven that many times as is whenever we thought it would stop and not succeed. Hodling has always been the best way to gain something more in fiat, and day trading is better if you want to grow your portfolio not in terms of fiat but in bitcoins.
Do you even know where the term hodling comes from? This forum! lol, fun fact
The best way to make huge money in crypto is from holding. No one ever lost money on Bitcoin by buying and holding... think about that.
The best way to make huge money in crypto is from holding. No one ever lost money on Bitcoin by buying and holding... think about that.
if we look upon the success and profit of day traders then they are much better then holders, because day traders earn profit and enjoy time by time while holder just wait and when time come for selling they just enjoy profit after a long period of time.
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