Topic: Day trade or Hodling - page 56. (Read 28523 times)
I believe that both day trading of bitcoin or crypto currency and holding bitcoin are all profitable, but trading is not suitable For everybody most especially if you don't have good knowledge of the technicality involved in trading crypto currency. So many people lost their money as a result of panic of the event that took place during 1st August.
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?
We can't compare both. At times both might be profitable . Like if you are a trader , the amount of goods you own matters like making a small profit for a product will make you earn alot if you have lots of goods .Similarly if you are a bad trader then holding Bitcoins is the best method as you don't have to do anything just wait for the prices to rise
I always prefer to go for Holding than Day trading. If you are an expert in trading then you can go for day trading because, there will be some time when the price of BTC will fall for few weeks during the holding period. At that time we can book profit at top of the price swing and then during the pullback we can go for day trading. keep in mind day trading have high risk,high stress, and high charges and commission as compare to Holding or Investing Method.
You can go for both if you have both day trading and holding skills. It depends on you and your mindset.
You can go for both if you have both day trading and holding skills. It depends on you and your mindset.
i recommend to hodl. i made mistakes with daytrade, but i must say i am not that experinced! with the coins i hodl i made more
I would like to do both of them,, I trade altcoins to make daily profit and then I buy t with my profit count to hold them for long time,, but of I see there is a good coin to trade I will sell some I have
exactly same like you i have some amount of investment which i just used for short time investment and make money through it from where i can and also have some of the amount which i have investing in some of altcoins and i don't disturb them either price go high or dump down. i will sell them when price go upto moon. I'm a speculator that calculates total profit orders for a week or a month, so daily transactions are only for capital expansion, if I sell and exchange profits every day there will be no financial fundamentals and that's not good management. But this remains in accordance with the trader's own patterns and I am used to being a holder.
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 prefer to hold up for several years to come because for now bitcoin the price is very cheap, yes you can say long term holding 
I would like to do both of them,, I trade altcoins to make daily profit and then I buy t with my profit count to hold them for long time,, but of I see there is a good coin to trade I will sell some I have
exactly same like you i have some amount of investment which i just used for short time investment and make money through it from where i can and also have some of the amount which i have investing in some of altcoins and i don't disturb them either price go high or dump down. i will sell them when price go upto moon. 
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 are type of people who is interested on investing a coins whether altcoin or bitcoin then once you buy it then hold in a long term. at least it is safe your risk is very minimal, but if the value increase it is very much profitable than Day trade which has a high risk involved anyway. 
My initial plan was to earn profits every month, but seeing as I'm buying at the highest price, my last option is to not sell it, because after I calculate I lose almost 50%. Now, I am focus to participate in some ICO projects, and waiting my alt coin back to their last stand when I bought them.
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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?
Oviously long term is more profitable.Day tradding sometime profitable but most of the time non profitable and you can loss your money. when you will see you are in loss then try to hold them untill you gain your main money.One things that always mind that in long term or daily tradding to get profit you must need to choose a good coin. 
Both of them are good to make profit but you must choose a good coin that have a great and hardworking Dev if you are doing long term trading because there's a lot of shitcoin that die in short term so be careful choose wisely. I must prefer for long term trading since I'm busy on my regular job I choose the top 10 coin on coinmarketcap now I'm holding Monero, litecoin and EOS.
I'm doing both, there are a coin which I trade them regularly and the other one I hold until the highest price would reached. It's much better and promising than do one of them, because you could lose the opportunity from regular trade or hold them.
And you can have a backup funds for avoid the worst situation altcoin you are trading falldown. My strategy when trading is hold 30% Bitcoin in my wallet can keep private key, if altcoin market have bloodbath or flash crash on market, I will deposit my Bitcoin for buy them 
Long term investment in undervalued altcoins and ICOs with very strong teams behind them. That was my focus until now when I'm starting to be interested in day trading as well.
Thank you all for your helpful posts!
Regards,
Yes, do both and do not depend on single side. You can invest in ICOs with great developers or team behind it and also do day trading from the different stable and strong coins in the market. Those two will help you to get on a higher chance to make more money in the long term process because investing and trading is a well balanced habit of a person. Thank you all for your helpful posts!
Regards,
Long term investment in undervalued altcoins and ICOs with very strong teams behind them. That was my focus until now when I'm starting to be interested in day trading as well.
Thank you all for your helpful posts!
Regards,
Thank you all for your helpful posts!
Regards,
I'm doing both, there are a coin which I trade them regularly and the other one I hold until the highest price would reached. It's much better and promising than do one of them, because you could lose the opportunity from regular trade or hold them.
I would like to do both of them,, I trade altcoins to make daily profit and then I buy bitcoint with my profit count to hold them for long time,, but of I see there is a good coin to trade I will sell some bitcoin I have
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 both are profitable but it depends on your capital, if your capital investments is high then you will get more profit in day trading and the best thing about long term investment is if your capital is low still you get some good profit amount.
And 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.
Choose wisely a popular coin for your long term holding and a new promising coin for the short term.
I do both by the way , for balancing my income, current and future profit should be planned.
If you are a day trader then nothing wrong in even investing in shitcoins as if the price pumps then you can make huge profits but there is also an risk of loosing money and every time decision won't go in your favor so its better to invest in top 10 atlcoins and hold it for a long term to make good profits from 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?
Well both are profitable but it depends on your capital, if your capital investments is high then you will get more profit in day trading and the best thing about long term investment is if your capital is low still you get some good profit amount.
And 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.
Choose wisely a popular coin for your long term holding and a new promising coin for the short term.
I do both by the way , for balancing my income, current and future profit should be planned.
I think its good if you do daily trade and long trade also at the same time if you have 1 BTC then you can short trade haft amd you can long term trade the other haft but if you always busy you choose long term and if you fulltime in trade the. You go to daily trade its good
I will say its not necessary for all you should know your ability and skills to do make some day trades and for long term but if you have no skills and still not to competitive to trade its better to buy in cheap price and hold it for a long time. Both are good if you are skillfull to trade,if not its not thrme result was reverse. 
I think its good if you do daily trade and long trade also at the same time if you have 1 BTC then you can short trade haft amd you can long term trade the other haft but if you always busy you choose long term and if you fulltime in trade the. You go to daily trade its good
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