Topic: Day trade or Hodling - page 57. (Read 28455 times)

Quote from: Casdinyard on August 31, 2017, 05:42:33 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?

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.

You should make sure you are not trade a shitcoins that live for a couple months even weeks only.
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.

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Quote from: CoinFoxs on August 30, 2017, 01:24:11 AM

Quote from: Crypto_trader87 on August 31, 2017, 08:28:46 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?

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.

You should make sure you are not trade a shitcoins that live for a couple months even weeks only.
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.

--DarkSecrets--

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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.

Crypto_trader87

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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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Quote from: Casdinyard on August 31, 2017, 05:42:33 AM

Quote from: CoinFoxs on August 30, 2017, 01:24:11 AM

Quote from: CoinFoxs on August 30, 2017, 01:24:11 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?

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.

It is not about the type of the coin because you can choose whether you are going for long term investment or you will use your coins for day trading or just trading. If you want to make profits everyday to not become a boring habit of holding then you just need to become patient in managing your trades and you need to set a minimum percentage of profit for your capital so you will not have an over trade which mostly leads for losses.

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Quote from: Bellator on August 31, 2017, 04:37:53 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?

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.

Quidat

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Quote from: mrfreezeh on August 31, 2017, 12:18:43 AM

Quote from: BitcoinExpart on August 30, 2017, 11:48:12 PM

I can notice hare some generous advice. Let's me little more contribute, we all of just want to stay educated and informed. I'm happy to stay in long term. Just, do your research and invest wisely. In altcoins market holding a golden opportunity if you ride good one. Than your investment will grow even chance to decent profit.

For me, day trade with cryptocurrency market better than holding our altcoin at now. Because, we also know this market still young => many newbie, noob trader and that is advantage for us earn Bitcoin easy on market.

What's with day trade? I know that trading can be in different ways but I guess the best thing for this is when you trade with other coins involved so that you can have higher profits from the rest of the coins and at the same time you can manage your time while working on bitcoin. As for me I prefer to hold coins because in that way I can have more profit. If you trade daily,there are tendencies that your asset will be lower and uf there are drop off then that will be risky.

It do really have always a risk either you would go for holding or doing active trading but the risk chance on losing money on day trading is somehow higher than holding because you are actively making move on doing trading on a shortest possible time which you go actively with the movements of price in a span of time but this thing would depend on a trader if he would able to handle the risk or just stick into holding.

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Quote from: mrfreezeh on August 31, 2017, 12:18:43 AM

Quote from: BitcoinExpart on August 30, 2017, 11:48:12 PM

I can notice hare some generous advice. Let's me little more contribute, we all of just want to stay educated and informed. I'm happy to stay in long term. Just, do your research and invest wisely. In altcoins market holding a golden opportunity if you ride good one. Than your investment will grow even chance to decent profit.

For me, day trade with cryptocurrency market better than holding our altcoin at now. Because, we also know this market still young => many newbie, noob trader and that is advantage for us earn Bitcoin easy on market.

What's with day trade? I know that trading can be in different ways but I guess the best thing for this is when you trade with other coins involved so that you can have higher profits from the rest of the coins and at the same time you can manage your time while working on bitcoin. As for me I prefer to hold coins because in that way I can have more profit. If you trade daily,there are tendencies that your asset will be lower and uf there are drop off then that will be risky.

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Quote from: BitcoinExpart on August 30, 2017, 11:48:12 PM

I can notice hare some generous advice. Let's me little more contribute, we all of just want to stay educated and informed. I'm happy to stay in long term. Just, do your research and invest wisely. In altcoins market holding a golden opportunity if you ride good one. Than your investment will grow even chance to decent profit.

For me, day trade with cryptocurrency market better than holding our altcoin at now. Because, we also know this market still young => many newbie, noob trader and that is advantage for us earn Bitcoin easy on market.

yndye

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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?

Both would be profitable depending on the strategy of the trader. Though I observe that there are trader who shifted from being a day trader to hodling because they cannot be in front of the computer or check their mobile the whole time so they sometimes lose the opportunity of buying in dips and selling in pumps but if they will just hodl it and wait for the price to increase in value overtime especially those that have promising projects, then they would still profit even if it may take a long time.

BitcoinExpart

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I can notice hare some generous advice. Let's me little more contribute, we all of just want to stay educated and informed. I'm happy to stay in long term. Just, do your research and invest wisely. In altcoins market holding a golden opportunity if you ride good one. Than your investment will grow even chance to decent profit.

drsmoketto

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Quote from: aikenFT on August 30, 2017, 12:50:06 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 find a nice middle ground between both works well. I always stick with my rule of keeping a small bag to hodl for the long haul when ive hit my original targets. Nothing better than free moon coins

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Quote from: layoutph on August 30, 2017, 09:47:54 AM

I have just developed a new strategy. Instead of HOLDING that might take forever. I just sell my altcoins to BTC.
Just like now, BTC is about to go up again to hit $5000 usd. So I sell all my altcoins and wait for Bitcoin to go up. Soon Altcoins will start to dump itself.

And that is the time I will rebuy all again my coins from the dip. This would give me more income. Just remember: If Bitcoin is going up fast, expect an altcoin crash.

Completely agree, that's pretty much something you would do in the forex market as well. In essence, you are longing bitcoin, whilst shorting altcoins. To add to this, you guys can refer to the altcoin's value in USD (or your local currency) to see whether the coin has weakened significantly, or it has simply weakened due to a strong bitcoin.

It seems to me that Bitcoin does not at all depend on one crypto currency and certainly not on one currency in the real world. Bitcoin is itself auva and depends on its price at all about other factors. It seems to me that because of some manipulation, or even an artificial guide, Bitcoin may start to grow or fall. There are some factors that, in my opinion, affect the course of events with regard to the price of Bitcoin.

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Quote from: chip1994 on August 30, 2017, 12:29:00 PM

Quote from: chip1994 on August 30, 2017, 12:29:00 PM

I was doing day trading for a while and was doing pretty well with it, I've lessened it now though. Takes too much time, unless you've got programs set up. I need to focus on my day-to-day job first and foremost and just squeeze in what I can.

Never buy a pump if you are day trading, that's all I'll say. Stating the obvious but buy low, sell high - you'll be put off buying a coin that's taken a hit, but don't be... look into it more, that's what trading is all about, buying undervalued stock.

I did the same thing, almost exactly the same thing before too. I was a day trader and realized it took too muhc of my time just waiting on which coins to pump and did my own research about long term trading and ventured into that kind of trading after. It made me realize I could do a lot more than just waiting for some of my coins almost daily to pump.

Although holding cryptocurrency at now we can earn profit, but in future if the cryptocurrency world become to famous, this market also stable like or big market on the world (stock, forex, gold ...) and you need have skill trading in that time. So, you should prepare knowledge about trading and improve your skill before that future become true.

This is best time sell the bitcoin according to me because price is now touching the next peak value everyday. Hence you do that. If we are gonna see the huge bump again the chart you could have hold it for sometime and work on it in different btc related platform to make more money.

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Quote from: layoutph on August 30, 2017, 09:47:54 AM

I was doing day trading for a while and was doing pretty well with it, I've lessened it now though. Takes too much time, unless you've got programs set up. I need to focus on my day-to-day job first and foremost and just squeeze in what I can.

Never buy a pump if you are day trading, that's all I'll say. Stating the obvious but buy low, sell high - you'll be put off buying a coin that's taken a hit, but don't be... look into it more, that's what trading is all about, buying undervalued stock.

I did the same thing, almost exactly the same thing before too. I was a day trader and realized it took too muhc of my time just waiting on which coins to pump and did my own research about long term trading and ventured into that kind of trading after. It made me realize I could do a lot more than just waiting for some of my coins almost daily to pump.

Although holding cryptocurrency at now we can earn profit, but in future if the cryptocurrency world become to famous, this market also stable like or big market on the world (stock, forex, gold ...) and you need have skill trading in that time. So, you should prepare knowledge about trading and improve your skill before that future become true.

I agree with you of course if the use of bitcoin is maximal and the price is relatively stable will require the ability and better knowledge in the field of trade in order to gain profits because the price movement may not be like now.

aikenFT

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I have just developed a new strategy. Instead of HOLDING that might take forever. I just sell my altcoins to BTC.
Just like now, BTC is about to go up again to hit $5000 usd. So I sell all my altcoins and wait for Bitcoin to go up. Soon Altcoins will start to dump itself.

And that is the time I will rebuy all again my coins from the dip. This would give me more income. Just remember: If Bitcoin is going up fast, expect an altcoin crash.

Completely agree, that's pretty much something you would do in the forex market as well. In essence, you are longing bitcoin, whilst shorting altcoins. To add to this, you guys can refer to the altcoin's value in USD (or your local currency) to see whether the coin has weakened significantly, or it has simply weakened due to a strong bitcoin.

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Quote from: Adbitco on August 29, 2017, 04:35:16 AM

I was doing day trading for a while and was doing pretty well with it, I've lessened it now though. Takes too much time, unless you've got programs set up. I need to focus on my day-to-day job first and foremost and just squeeze in what I can.

Never buy a pump if you are day trading, that's all I'll say. Stating the obvious but buy low, sell high - you'll be put off buying a coin that's taken a hit, but don't be... look into it more, that's what trading is all about, buying undervalued stock.

I did the same thing, almost exactly the same thing before too. I was a day trader and realized it took too muhc of my time just waiting on which coins to pump and did my own research about long term trading and ventured into that kind of trading after. It made me realize I could do a lot more than just waiting for some of my coins almost daily to pump.

Although holding cryptocurrency at now we can earn profit, but in future if the cryptocurrency world become to famous, this market also stable like or big market on the world (stock, forex, gold ...) and you need have skill trading in that time. So, you should prepare knowledge about trading and improve your skill before that future become true.

CarnagexD

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I agree with everyone who says both. Yes I myself am engaged in both day trading and holding, I'm not sure nor do I advise this to anyone but ever since I started trading I have been engaged in both. Only a few days ago when I started to think that I made a wrong decision by investing in a coin and holding it for this long that the coin started to pump and I'm in profits now so I will continue following the same strategy and I'll continue day trading and holding both at the same time..

It is afac that dealing with Bitcoin on both as a day trading method and holding is both possible to happen. Becauae bitcoin is a part of technology which means as the technology evelolves and invent ways out of having bitcoin as a form of transactions it could be also a the part where bitcoin serve as both a good investment and as mode of transactions.

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I was doing day trading for a while and was doing pretty well with it, I've lessened it now though. Takes too much time, unless you've got programs set up. I need to focus on my day-to-day job first and foremost and just squeeze in what I can.

Never buy a pump if you are day trading, that's all I'll say. Stating the obvious but buy low, sell high - you'll be put off buying a coin that's taken a hit, but don't be... look into it more, that's what trading is all about, buying undervalued stock.

I did the same thing, almost exactly the same thing before too. I was a day trader and realized it took too muhc of my time just waiting on which coins to pump and did my own research about long term trading and ventured into that kind of trading after. It made me realize I could do a lot more than just waiting for some of my coins almost daily to pump.

Quick decision on day trades can be done in a glance without waiting or holding for so long with your coins, and research about coin market capacity is really helpful for you in achieving the right choice for you trades. The better opportunity of a pumping price is the certain time that we should prepare to sell our coins asset, and holding it for several days can bring the good price into a most exciting surprise for you. Given a chance for this selling strategy is such a nice trading techniques will always be helpful so research form time to time will always be an ample one.

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