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. 
Topic: Day trade or Hodling - page 45. (Read 28455 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?
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.
If you want to make some quick profit or ez cash especially in altcoins go with day trade since it is similar to scalping; though it will generate profit but not that much but still profit in a shortest possible time. In the long run, I think hodling is the best and surest way to gain profit. For instances, you are not just going to hodl 1BTC but also accumulate some tokens you get from trading, signature campaigns and investment which can increase its value over 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?
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.
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?
There is not a correct answer for this since it depends on the individual, for those that are extremely talented at trading they will obtain more profits by day trading than by holding, but for the rest of us that are not good at trading, the best strategy is to keep holding and buy the dips whenever we have some cash in hand, and sell only when we have reached our target profits. 
if you have trading experience then day trading Is profitable..but I always go for hold and sometimes like weekly tread.buy some coin and when 15-20% profite come I sell.but holding give the benefits of the highest possible profite.
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 it depends upon the coins you're trading if we're talking about altcoins. If you feel there is a potential coin that can go up to X 10 or even higher, you can hold. Day trades can go either way, but the good thing about day trading is that you see your investment growing every day.
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
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 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 for me follow your guts when it comes of investment into dips maybe try to buy those cheap coins where you can hold them like what you are doing with your bitcoin holding bitcoin is really good too where you can easily earn profit when the price increases. Same with the althernative coins and in own technique with those dips I always looking for random trading sites. To know what coins has potential to increase with in that week.
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 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?
Honestly, I'll do them both because they're profitable to me, and perhaps there nothing wrong with it isn't?
Moreover, I knew most of the good traders are doing the same thing I did for sure. Besides, both are requires patience of waiting for us to gain big rewards.
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 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.
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.
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.
It's nice to do both for 2x income i do is i half my investment and a trade the half and hold the rest.
It is quite difficult for the same person to manage both the things at the very same time. For me, holding is the very best option as compared to any other option even day trade. Holding can help you earn a handsome amount of income at the end while putting in very small amount of efforts and hard work. 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 can help you earn profits but both have its advantages and disadvantages. For day trader, you need to closely monitor the price of your investment and sell at the right moment with hit your goal for the day. Next day day, buy again and repeat. Imagine if the coin you sold for that day pumped it way up 80% more after you sell, but you cant do anything about it anymore since you already sold your coin. Hodling, is good and you dont need to be in front of your PC waiting for the right time to sell but there are other opportunities out there that you are missing because you are stuck with a coin that you are hodling. So basically it depends on ones trading style. Jump to: