I do both, but you gotta be careful with pump signals in Telegram / Wechat, sometimes you're too late to get into the pump when people have already dump, I'm one victim. Will reckon you to read some news and do some research of your own. Study the trendline before you trade!
If you have a time to monitor the value of the coin you have it much better to trade daily, but your time is only limited much better to hold and set the amount to sell which you will generate income and sell even you are too busy in the other matters. That is what i do for now.
Topic: Day trade or Hodling - page 53. (Read 28523 times)
I do both, but you gotta be careful with pump signals in Telegram / Wechat, sometimes you're too late to get into the pump when people have already dump, I'm one victim. Will reckon you to read some news and do some research of your own. Study the trendline before you trade!
If you have a time to monitor the value of the coin you have it much better to trade daily, but your time is only limited much better to hold and set the amount to sell which you will generate income and sell even you are too busy in the other matters. That is what i do for now. I do both, but you gotta be careful with pump signals in Telegram / Wechat, sometimes you're too late to get into the pump when people have already dump, I'm one victim. Will reckon you to read some news and do some research of your own. Study the trendline before you trade!
I think this time holding bitcoin is best thing I suggestion, because almost all of the altcoin value is fall down. So instead of trading I just hold only my bitcoin to lessen the possibility of lost. I don't take the risk this time because almost all coins in crypto currencies society is started to fall down.
I do both, but you gotta be careful with pump signals in Telegram / Wechat, sometimes you're too late to get into the pump when people have already dump, I'm one victim. Will reckon you to read some news and do some research of your own. Study the trendline before you trade!
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?
Depend how good your skill and your mindset. Skill build from practice with real money on the real market. Until you find the best strategy, please don't give up. Most people with this practice method will use day trading. But trader with investment mindset will take different way, always using long term period and also more money to make profit. Find your best profitable and comfortable strategy to know which one to use. Hope you'll find it. Thank you.
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?
Depend how good your skill and your mindset. Skill build from practice with real money on the real market. Until you find the best strategy, please don't give up. Most people with this practice method will use day trading. But trader with investment mindset will take different way, always using long term period and also more money to make profit. Find your best profitable and comfortable strategy to know which one to use. Hope you'll find it. Thank you.
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?
Depend how good your skill and your mindset. Skill build from practice with real money on the real market. Until you find the best strategy, please don't give up. Most people with this practice method will use day trading. But trader with investment mindset will take different way, always using long term period and also more money to make profit. Find your best profitable and comfortable strategy to know which one to use. Hope you'll find it. Thank you.
It's a mix of both cause sometimes I day trade and sometimes I hodl depending on the coin when it will reach my target price. There are times when the price of the coin that I bought will immediately be reach because its news related and price suddenly pumps and there are others that will gradually go down and then I would wait for some time to go back up again to reach my price. Sometimes, I am not patient enough to wait so I close my position even if I am at a loss or break even cause I found another coin and another opportunity that has a potential to reach my target price sooner.
I don't really have a consistent trading style for now and most of the coins that I trade are news related so usually it would just take an hour or days to reach the target price but sometimes when its not and it took too long, I would just sell it because of impatience and I know that I should change this attitude cause sooner or later, I will just blow my account if I continue this. There should be patience in trading.
I don't really have a consistent trading style for now and most of the coins that I trade are news related so usually it would just take an hour or days to reach the target price but sometimes when its not and it took too long, I would just sell it because of impatience and I know that I should change this attitude cause sooner or later, I will just blow my account if I continue this. There should be patience in 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?
I have the same dilemma actually. I usually hold but when I see my coin going down while the others are going up, I am taken by emotion and shift to another coin, but only to end up losing and watching my previous coin go up. Day trading requires a lot of analysis, in its absence holding is the better option. But if you have a bit accurate analysis, you can day trade.
Best decision for me now is to hold it first and eventually when the price rise again, sell it at the best price.
Yes it is, I'm same thinking like you. I've decided to hold my bitcoin for the sake of long term investment. Maybe I try to invest additional cash to increase my profit in my wallet. 
Best decision for me now is to hold it first and eventually when the price rise again, sell it at the best price.
Guys, i think this is time to hold. Most altcoins are down, that means, if you buy right now, you are gonna make at least 15 - 20 percent of profit once that they recover, and i am not talking about sh*tty coins, i am talking about the strongest coins and those who everybody trusts in. I am buying some monero and ethereum right now, they are so cheap than before.
I missed the opportunity to buy at $270 yesterday...
I missed the opportunity to buy at $270 yesterday...
I agree. Day trade is hard to earn money from. Especially with the current mixed situations. Holding is easy and only requires a private wallet and patience.
Holding also requires the control of emotions. When hold, we can cath very nice opportunities in bullish market.
Guys, i think this is time to hold. Most altcoins are down, that means, if you buy right now, you are gonna make at least 15 - 20 percent of profit once that they recover, and i am not talking about sh*tty coins, i am talking about the strongest coins and those who everybody trusts in. I am buying some monero and ethereum right now, they are so cheap than before.
I missed the opportunity to buy at $270 yesterday...
I missed the opportunity to buy at $270 yesterday...
I ll share my secret,
for a coin that I m planning to long it, I would HODL
for a part of my money it would be for trading,
trading is really bumpy,... I honestly like HODL
for a coin that I m planning to long it, I would HODL
for a part of my money it would be for trading,
trading is really bumpy,... I honestly like HODL
I think holding is more profitable than day trade but holding is very boring for me because I have to wait very long to take advantage of what we want.
Holding is boring but it can give you best profits if you hold your coins for the right time and when it comes to make money then we should have patience to hold our coins even if its boring as we cannot afford to make loss by selling them at a wrong time and if you lack patience then you will surely get negative results from it.
I think holding is more profitable than day trade but holding is very boring for me because I have to wait very long to take advantage of what we want.
Holding is boring but it can give you best profits if you hold your coins for the right time and when it comes to make money then we should have patience to hold our coins even if its boring as we cannot afford to make loss by selling them at a wrong time and if you lack patience then you will surely get negative results from it.
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
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
I think holding is more profitable than day trade but holding is very boring for me because I have to wait very long to take advantage of what we want.
Holding is boring but it can give you best profits if you hold your coins for the right time and when it comes to make money then we should have patience to hold our coins even if its boring as we cannot afford to make loss by selling them at a wrong time and if you lack patience then you will surely get negative results from it.
From small to large sized investors, everyone will say something similar to holding because day trading is very risky compared to holding.
Day trading is profitable sometimes but could prove extremely dangerous when markets move against us due to some false decisions but that is only when you intend to sell them the same day or in the very near future, but if you intend to wait very long just the way many did with Bitcoins, then returns will be overwhelming.
Day trading is profitable sometimes but could prove extremely dangerous when markets move against us due to some false decisions but that is only when you intend to sell them the same day or in the very near future, but if you intend to wait very long just the way many did with Bitcoins, then returns will be overwhelming.
Day trading and Holding are both profitable its up to you if where do you think you are comfortable with the two. Day trading will require you a good skills in trading while holding is most likely an investor type.
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