Pages:
Author

Topic: Day trade or Hodling - page 52. (Read 28523 times)

sr. member
Activity: 784
Merit: 255
September 12, 2017, 08:14:17 PM
here we need to see in terms of time we have ,, if we have more free time ,, of course daily trading to be the best choice,. because we have a lot of time to get a chance at buying low selling high., but it will be different with busy people ,, they are more advised to do holding trade ,. and enough to sell it 10x in the future
yes, I agree with you. I am a busy person I once tried to do a quick trading and the result is a loss. and I try to hold the coins in the long run the results are very satisfying for me.
hero member
Activity: 966
Merit: 501
September 12, 2017, 04:55:53 PM
here we need to see in terms of time we have ,, if we have more free time ,, of course daily trading to be the best choice,. because we have a lot of time to get a chance at buying low selling high., but it will be different with busy people ,, they are more advised to do holding trade ,. and enough to sell it 10x in the future
full member
Activity: 961
Merit: 110
SweetBet.com
September 12, 2017, 04:16:42 PM
It's always good to have a combination. hodl some coins and day trade with others.
hero member
Activity: 588
Merit: 500
September 12, 2017, 02:37:46 PM
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 choose both, day trade and holding. How ? It's simple, i do trading if i have something good about some altcoin and if there is nothing good for today so i skip it and just holding my coins. In my opinion both trading and holding are good, it just depend on the situation and every person have their own strategy to do both though.
i will only like to choose holding, because i do not have as such experience in day trading, while holding is the best and safest way of making money, i am sure that very soon bitcoin price will start increasing and therefore will surely give us a good profit. therefore i think that holding bitcoin is a good option for me and therefore i will like to hold my bitcoin instead of investing or using it for day trading.
sr. member
Activity: 552
Merit: 250
September 12, 2017, 12:27:22 PM
I am more comfortable as holding trader. Bbecause, i don't feel spending much time to do analysis that sometimes makes me dizzy. I am just need to make sure that altcoin has i hold is altcoin which has lots holder, big marketcap as well as many well-known people for example Ethereum.

For a full-time employee in a regular job its very hard to concentrate on the price variations and trade accordingly so i would say holding is much better than day trading for all of us who are like me. The price sometimes varies a lot and a small break may cost you in thousands.
If someone is a full time employee and a trader at the same time, first of all hats off to the efforts of that guy. However, if someone really wants to trade seriously, he needs to keep an eye on fluctuating prices because trading is all about buying and selling at the right time.
Yeah, if you really want become a day trader, you need keep your eye in chart price everyday, it very important and helps you understand the trend or scenario moving price on the market.
full member
Activity: 216
Merit: 100
September 12, 2017, 12:16:26 AM
Best decision for me now is to hold it first and eventually when the price rise again, sell it at the best price.
That's the right decision you've ever made for your bitcoin, day trade is profitable but it has high risk than Holding your coins, where monitoring is necessary unlike in holding risk is very minimal.
I personally think that it depends also in what coin you're holding if its for long term or just a day trading.There are coins that are more profitable in long term like just watch the market and let it sleep in your wallet and go back after some years. And some are day trading like you need to closely track and the coin is hype or active in the market.
sr. member
Activity: 868
Merit: 289
September 08, 2017, 07:04:00 AM
Best decision for me now is to hold it first and eventually when the price rise again, sell it at the best price.
That's the right decision you've ever made for your bitcoin, day trade is profitable but it has high risk than Holding your coins, where monitoring is necessary unlike in holding risk is very minimal.
member
Activity: 98
Merit: 10
September 08, 2017, 06:25:07 AM
For me, depends from the nature of the object.

Asset? Token? Currencies? Which one, Which step ?

I'm a little emotional with my crushcoins. Waves and Lisk Holders

But something like Pillar was very nice to trade recently ! and Bitsend too ! IS a wave Cheesy

If you are a trader then I will suggest not falling in love with your coins. Trading is like a business and involvement of emotions is prohibited in the world of business. It can get in way of progress. Waves are a good altcoin but Ethereum and litecoins are much better. However, I don't recommend them. Trading is only profitable in bitcoins.
full member
Activity: 854
Merit: 140
September 08, 2017, 04:24:48 AM
It depends on your own trading style actually, both day trade and long term trading has been proved to gain profit to some individuals. But the most important think that you should look after about daytrade is there will be more stress and you got your time glue to the screen watching news or chart if you like adrenalin rush however it will be a good choice, while long term trading is the opposite of it. It makes you can do other job more significantly, and a long term investment will definitely gave you less stress and you can spent your time doing other things  Grin Grin
sr. member
Activity: 430
Merit: 250
September 08, 2017, 03:57:04 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 choose both, day trade and holding. How ? It's simple, i do trading if i have something good about some altcoin and if there is nothing good for today so i skip it and just holding my coins. In my opinion both trading and holding are good, it just depend on the situation and every person have their own strategy to do both though.
hero member
Activity: 994
Merit: 504
September 08, 2017, 03:38:44 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?


before i used to do day trade but most of the time i got stock with high value coin
so i switch to holding buy when its low then when i gain atleast x2 profit im ok to sell
unless theres a news relevant that would pump the coin more than double of my set sell
sr. member
Activity: 588
Merit: 254
September 06, 2017, 02:31:24 PM
I am more comfortable as holding trader. Bbecause, i don't feel spending much time to do analysis that sometimes makes me dizzy. I am just need to make sure that altcoin has i hold is altcoin which has lots holder, big marketcap as well as many well-known people for example Ethereum.

For a full-time employee in a regular job its very hard to concentrate on the price variations and trade accordingly so i would say holding is much better than day trading for all of us who are like me. The price sometimes varies a lot and a small break may cost you in thousands.
If someone is a full time employee and a trader at the same time, first of all hats off to the efforts of that guy. However, if someone really wants to trade seriously, he needs to keep an eye on fluctuating prices because trading is all about buying and selling at the right time.
Yes of course trading needs you to be vigelent all the time and especially when you are day trading then it needs you to be more concentrated towards it and look at the price almost all the time because trading is effective at that time when you don't spoil any opportunity to buy at a lower price and selling at a higher one. Usually people look for holding and prefer to sell at a time when bitcoin price or any alts they have bought in a lower price to sell it at a targeted value.
People prefer holding because day trading is a very hectic task, also it needs a fulltime presence from you otherwise one has to listen to the music. I am more in holding.
hero member
Activity: 756
Merit: 500
September 06, 2017, 02:19:04 PM
Holding for me is the most convenient way to take advantage of crypto. And another advantage is that I am no need to check actual prices everytime. Contrary with intraday, where it's necessary to monitor price even every hour possible. Which sometimes makes me feel easy to be emotional because circumstances.
So smart you are! Obviously when we have the easy way of earning profit why to go for hard one? The easiest and most convenient method of making money is holding your coins during dump phases and makes them active in the pumping time. I am totally against trading.
Hold when the price of your coins drop to low price is wrong way, you should cut loss or take profit before the price of this coin drop down. Then, follow market and wait bloodbath of market, buy in dip price you will receive profit.
member
Activity: 98
Merit: 10
September 06, 2017, 01:59:53 PM
do these two thing 25% 25% and 50% in btc to buy in a market down...you may learn how to trade..as a trader be smart
legendary
Activity: 1148
Merit: 1006
September 06, 2017, 10:30:29 AM
I am more comfortable as holding trader. Bbecause, i don't feel spending much time to do analysis that sometimes makes me dizzy. I am just need to make sure that altcoin has get a chance to watch hold is altcoin which has lots holder, big marketcap as well as many well-known people for example Ethereum.

For a full-time employee in a regular job its very hard to concentrate on the price variations and trade accordingly so i would say holding is much better than day trading for all of us who are like me. The price sometimes varies a lot and a small break may cost you in thousands.
If someone is a full-time employee and a trader at the same time, first of all hats off to the efforts of that guy. However, if someone really wants to trade seriously, he needs to keep an eye on fluctuating prices because trading is all about buying and selling at the right time.
Day trading is not possible for a full time employee. We will not get time to watch the price updates regularly and sometimes it takes a couple of weeks to check the price list because of heavy work schedule. It needs just a few minutes to check but in that time we will not get the patience to check everything. So for us investing is best.
hero member
Activity: 1120
Merit: 507
September 06, 2017, 10:07:52 AM
I am more comfortable as holding trader. Bbecause, i don't feel spending much time to do analysis that sometimes makes me dizzy. I am just need to make sure that altcoin has i hold is altcoin which has lots holder, big marketcap as well as many well-known people for example Ethereum.

For a full-time employee in a regular job its very hard to concentrate on the price variations and trade accordingly so i would say holding is much better than day trading for all of us who are like me. The price sometimes varies a lot and a small break may cost you in thousands.
If someone is a full time employee and a trader at the same time, first of all hats off to the efforts of that guy. However, if someone really wants to trade seriously, he needs to keep an eye on fluctuating prices because trading is all about buying and selling at the right time.
full member
Activity: 334
Merit: 100
September 06, 2017, 03:40:12 AM
Holding for me is the most convenient way to take advantage of crypto. And another advantage is that I am no need to check actual prices everytime. Contrary with intraday, where it's necessary to monitor price even every hour possible. Which sometimes makes me feel easy to be emotional because circumstances.
So smart you are! Obviously when we have the easy way of earning profit why to go for hard one? The easiest and most convenient method of making money is holding your coins during dump phases and makes them active in the pumping time. I am totally against trading.
full member
Activity: 616
Merit: 100
https://exip.live/
September 06, 2017, 03:22:31 AM
I do both but for hodling i choose only for coin that have good in fundamental only. So i divide total my money in to 2 ,one for day trading and one for hodling.
hero member
Activity: 770
Merit: 500
🌟 COMSA ICO: 10/02/17 🌟
September 06, 2017, 01:36:20 AM
Hey all.  Im considering trying to day trade.  I have bitcoin and can use it to buy other altcoins etc.


Assuming you are buying these altcoins at a low price after all the prices drop... say a coin is 2 dollars and it drops to like 1.50 etc.  You buy it.  Then it goes back up to 2 dollars.  Then you sell it.  Now imagine you bought like 1000 shares of the coin so around 1500 usd plus the small fee.  Now you sell it for 2 dollars so 2000 dollars total.  You roughly make around 500 dollars right?  The thing is assuming a coin just drops so low where you cannot imagine it goes any lower, then wouldnt it make sense to go LARGE on these coins?  Like imagine you bought 5000 of these coins at 1.50 each.  Then it goes back to 2 dollars.  Well you made 2500 usd right? 


The thing is if coins keep going up and going down, then just buy when very low... sure it can drop even more lower... but as long as you hold it until it gets back to your buy price and higher for you to profit, couldnt u just rinse and repeat this with a lot of coins?  The thing is if these coins go up a lot later on, obviously you make more holding it.  However if coins keep going up and going down... then wouldnt day trading be a no brainer?  The thing is look at those coins under 5 dollars.  Wouldnt these coins be great candidates to daytrade?  I think it would be way too risky to do this with coins that are say at least 25 dollars etc.  I mean imagine you buy monaro for over 100 dollars.  Well it can easily drop all the way down.  But if you buy a coin at 5 dollars... sure it can drop to 3 dollars.  But it can always go back up as well.  The thing is can someone name me some coins where it hit say 10 dollars or more and now is all the way down to say 2 dollars or less and never recovered?  The thing is im sure there aren't that many coins like this?


The other thing i want to ask is where do you get certain coins not shown on bittrex?  Most importantly how do you even trade these coins if you cannot do this.


And for those that profit from daytrading, do most of you just use that btc and cash it out to your bank account to lock in the profits?  The thing is assumign u dont cash out to your bank account, say you made 1000 dollars doing a trade by buying a lot of lisk.  Let say you bought 1000 shares of lisk at 5 dollars when it dropped from 7 to 5.  Then you buy it and it goes up to 6 dollars.  You sell it all.  You make around 1000 dollars - fees.  So let say its 960 dollars or so.  Well since everything seems to be in btc... well your profit is in btc right?  However, couldnt your profit easily go from 960 to 800 assuming btc go down etc?  The thing that confuses me is even though i dont know anything about stocks, i know that when you buy or sell a stock, it converts to usd.  Is that correct?  And if so, you have a usd balance that you could buy or sell stocks right?  So with day trading and bittrex, how do you really even profit then if you are paid in btc on bittrex?  Unless you cash out, then how are you even locking in a profit?


full member
Activity: 134
Merit: 100
September 06, 2017, 01:19:08 AM
I prefer to do Day Trade now,
I did cut loss.
I ll do HODL probably later during winter after I put in some position,... probably the market ll be cooled down more
Pages:
Jump to: