Topic: Day trade or Hodling - page 63. (Read 28523 times)
split your portfolio to hold/daytrade parts
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. It would depend on where you are most comfortable in your trading strategy. If you have the time to be in front of your computer the whole day then maybe you can do day trading to be able to notice the dips and sell at the right time. If you don't have that much time but you are confident that the coin you buy has a high chance of shooting up in the future then you can choose long term hodling. As for me, there are coins that I day trade because its in consolidation level so I take advantage of the highs and lows and there are coins that I hodl for long term.
i prefer for daily or every other day until i saw that the price of my coin becomes high.idont hold coins long time. i always check the price. and if i saw that it becomes high already i sell it. its small profit but atleast sure.
Day trading has a lot of work to do you need expertise in trading that is why I prefer holding coins than trading everyday because I admit I am not a good trader. But if you think you have the skills then go for it both of them is actually profitable.
Holding is the most profitable decision. In the event that you hold for a drawn out stretch of time and are patient to hold up, you can get enormous profits for your speculation, If you picked the privilege coin.If you do day exchanging, first find out about it since it's so hazardous for beginner dealers
Daytrading is more fun than just HODLing. You will get more knowledge about cryptoworld when you trading, but you get nothing when you hodling. But if you don't want to take risk, just hodling. 
In my opinion, day trading or holding are good, depends the situation of everyone, we will have strategy for choose day trading or holding. Like me, I always choose holding my coin in many term (short, mid, long) because I can't spend all time for trade everyday. 
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?
Day trading would best suit for altcoins whose price is highly volatile and huge fluctuations is found in their price.So,holding them in a long term basis would not yield more profits and more over,many altcoins get disappeared in the long run.But as far as bitcoin is concerned,day trading would not be beneficial since bitcoin price only varies a small percentage in a small duration of time.So,it would be better to hold bitcoins with patience on a long term basis to get huge profits.
Daytrading is more fun than just HODLing. You will get more knowledge about cryptoworld when you trading, but you get nothing when you hodling. But if you don't want to take risk, just hodling.
60% for day trading and 40% for long holding.. long holding make more profit if your coin mutil 10x 
For me its holding it is very risky the day trading. We all know how volatile the crypto world is. If the income reach 10%-20% then sell.
What if the price of the coin you've bought is in bellow to the price you have buy? I think hodling is the best thing for us to do in that matter and mostly those scenarios will happen mostly on ICO coins so better we should stick with it and sell whenever the coin pump for so hard. But if you can attain to sell it and buy back at the cheapest price of it then this one would be one of the best option for you to retrieve and gain from this coin.
For me its holding it is very risky the day trading. We all know how volatile the crypto world is. If the income reach 10%-20% then sell.
I seem to have a good idea of how to be successful in day trading but I lack the confidence to actually do it.
Usually day trading seems more easier because when you are staying out of market you can find easy profits but when you are into actual trading, you cannot. I guess so far your inner feeling is saving you from not getting into day trading. It is good. Because day trading is not as easier as it seems. In my opinion too, holding must be the right option for anyone because it simply eliminates all the risk associated with trading.
As long as you aren't investing in shitcoins, day trading is higher risk higher reward. I seem to have a good idea of how to be successful in day trading but I lack the confidence to actually do it. I watch something shoot up 20-40% for no reason it is clear its a good time to dump because it goes in cycles but I always just end up hodling. I'm ok with it though. I do the same with the stocks I hold, except I'm not afraid to sell my stocks at 50% what I paid if I dont have confidence in the company (this has happened). It works for me in the longrun but I can't help but think I'm leaving money on the table. I tell myself its better to be in and leave money on the table than to stay out.
To be honest though, I've made decent money flipping shitcoins. They're definitely good for daytrading in my opinion. You just have to be attentive to the charts, so you know when to sell. Since usually with shitcoins you need to get out as soon as possible even if you only made small profit and you definitely don't want to have your shitcoins for more than 24hrs. Prices can crash in a snap of a finger. A good example for these "shitcoins" will be HighOnCoin's Chaincoin, which was pump and dumped last month. People definitely can make bank with it if only you bought and sold on the right time. Look at the July charts of chaincoin below:
As long as you aren't investing in shitcoins, day trading is higher risk higher reward. I seem to have a good idea of how to be successful in day trading but I lack the confidence to actually do it. I watch something shoot up 20-40% for no reason it is clear its a good time to dump because it goes in cycles but I always just end up hodling. I'm ok with it though. I do the same with the stocks I hold, except I'm not afraid to sell my stocks at 50% what I paid if I dont have confidence in the company (this has happened). It works for me in the longrun but I can't help but think I'm leaving money on the table. I tell myself its better to be in and leave money on the table than to stay out.
To be honest though, I've made decent money flipping shitcoins. They're definitely good for daytrading in my opinion. You just have to be attentive to the charts, so you know when to sell. Since usually with shitcoins you need to get out as soon as possible even if you only made small profit and you definitely don't want to have your shitcoins for more than 24hrs. Prices can crash in a snap of a finger. A good example for these "shitcoins" will be HighOnCoin's Chaincoin, which was pump and dumped last month. People definitely can make bank with it if only you bought and sold on the right time. Look at the July charts of chaincoin below:
Oh for sure. I reread my post and I should have clarified that as long as you aren't hodling shitcoins.
As long as you aren't investing in shitcoins, day trading is higher risk higher reward. I seem to have a good idea of how to be successful in day trading but I lack the confidence to actually do it. I watch something shoot up 20-40% for no reason it is clear its a good time to dump because it goes in cycles but I always just end up hodling. I'm ok with it though. I do the same with the stocks I hold, except I'm not afraid to sell my stocks at 50% what I paid if I dont have confidence in the company (this has happened). It works for me in the longrun but I can't help but think I'm leaving money on the table. I tell myself its better to be in and leave money on the table than to stay out.
To be honest though, I've made decent money flipping shitcoins. They're definitely good for daytrading in my opinion. You just have to be attentive to the charts, so you know when to sell. Since usually with shitcoins you need to get out as soon as possible even if you only made small profit and you definitely don't want to have your shitcoins for more than 24hrs. Prices can crash in a snap of a finger. A good example for these "shitcoins" will be HighOnCoin's Chaincoin, which was pump and dumped last month. People definitely can make bank with it if only you bought and sold on the right time. Look at the July charts of chaincoin below:
As long as you aren't investing in shitcoins, day trading is higher risk higher reward. I seem to have a good idea of how to be successful in day trading but I lack the confidence to actually do it. I watch something shoot up 20-40% for no reason it is clear its a good time to dump because it goes in cycles but I always just end up hodling. I'm ok with it though. I do the same with the stocks I hold, except I'm not afraid to sell my stocks at 50% what I paid if I dont have confidence in the company (this has happened). It works for me in the longrun but I can't help but think I'm leaving money on the table. I tell myself its better to be in and leave money on the table than to stay out.
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?
depends on what your status right now. If you're doing full time job, I don't think you can manage your time to be a day trader, because its need you to watch the movement of the bitcoin almost all the time. But if you're not, You should have some strategy to do it. by the way, most of poeple are holding and keep earning.
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?
Hodling is more profit i think, it is much more fun imo, looking at your portfolio every hour
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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?
Hodling is more profit i think, it is much more fun imo, looking at your portfolio every hour
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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?
If you want a really safe decision on this things, Holding was quite good because risk is very minimal while in day trade it maybe profitable but risk is more high that holding then you to monitor it from time to time I think. One wrong move you can be wreck with this kind of tactics. Jump to: