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 how you can carry out daily trading. They have much more risks and patience than HODL, by holding you would be always in profit ( if ofcourse you have choosen a good coin ) and sometimes even you can sell this coin for x20 + times, if some massive update comes out. 
Topic: Day trade or Hodling - page 64. (Read 28523 times)
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?
They are both profitable, on the their differences was in day trade they need to monitor the graph most often. Because they will react if the price value move whether increase or decrease while long term is less risk compare to day trade.Both are not profitable at every time. As of now, bitcoin trading will provide more profit than holding amount. If you bitcoin till 2015. You will be a millionaire in future or if you bought more you are already a millionaire now. Not for trading, you have to buy it anytime. However price potential will increase everytime for bitcoin.
The shorter the timeframe, the harder it is to keep your head over water.
In theory, day trading is more profitable, because it's proportional to the time we spend. However, i am more interested in holding because i don't have to keep an eye on price movements everytime. Once a day is enough for a trader holding. This certainly saves time. Profit achieved also not disappointing.
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?
They are both profitable, on the their differences was in day trade they need to monitor the graph most often. Because they will react if the price value move whether increase or decrease while long term is less risk compare to day trade. 
Day trade is risky and stressfull on the other hand holding and selling in 1-2 weeks is much better in my opinion. Of course it depends on everyone choice
Don't want is going to be sitting there trading 24 hours a day, so there has to be some amount of holding. In addition to that you don't want to be trading for the remainder of your natural life, so you're going to be putting some of that money that you made back into things which would be considered holding Investments
But for a skill trader, day trading must be more profitable compared to simply holding. In my opinion we must choose day trading or holding based on our level of skill about trading. Because holding will be profitable but traders will be getting chances ride on ups and downs of market movements which must be more profitable compared to long term holding. But trying out day trading without enough skills must be leading to disasters.
Don't want is going to be sitting there trading 24 hours a day, so there has to be some amount of holding. In addition to that you don't want to be trading for the remainder of your natural life, so you're going to be putting some of that money that you made back into things which would be considered holding Investments
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?
Your money your call, those strategies can make money on real market. If you can stay with pc/ laptop I suggest day trading but if not, please choose hold. The question is, can you control emotion when using day trading or hold? if you can't it will be disappointing. Second thing, how good you manage your money? one shot one kill is good, but has second shot is better. Good luck.
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 and it depends whether the peson ttadong has skills for day trading or not. For me, while i don't yet have that much experience and expertise in trading, i try to do both. Mostly i hold my coins but there are times when i do day trading with minimal amount tonsee if i can get the feel of it at the same time gathering experience and lessons from losses.
It depends on your experience because many people don't have enough experience in trading so those people will hold until the price of coin increases. People who have knowledge about trading will do Day trading for their daily income.
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 are nice way to earn. The difference is that in Day trading, real trading skills are needed. And there is higher risk as the price is not really 100% predictable. That is why you need to be really good at it if you want to be a day trader. If you are not, hodling is an option. Just carefully choose the best coins and then hold while monitoring updates.
In my opinion holding is the most profitable choice. If you hold for a long period of time and are patient to wait, you can get huge returns on your investment, provided you chose the right coin/token. Look what happened to stratis, for example. If you do day trading, you'll only give money to exchanges fees.
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?
Do not trade now, keep the bitcoin, it can keep going up in a short time. Profit is being created easily. We just need to keep it there. If you trade now, altcoin will go down and you will lose a lot of money.
I'm contemplating expanding my holding and stop day trading totally. In any case, I very much like day trading as it enables me to keep a track on the cost and furthermore makes some extremely intriguing opportunities.
Considering the current scenario holding of the coin is the best option available right now. Because btc price are incing closer towards 5k. So may be in Sept we will see that happen, as its already at 4300$ in short span of time. If this pace continues then next weeks itself we may see btc reaching 5k and people booking some good profits as well.
I'm contemplating expanding my holding and stop day trading totally. In any case, I very much like day trading as it enables me to keep a track on the cost and furthermore makes some extremely intriguing opportunities.
Considering the current scenario holding of the coin is the best option available right now. Because btc price are incing closer towards 5k. So may be in Sept we will see that happen, as its already at 4300$ in short span of time. If this pace continues then next weeks itself we may see btc reaching 5k and people booking some good profits as well.
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 think day trading is very risky. You can't control the market, but there are some "groups" that can influence it a lot, and you can't really predict what they are doing. At least I can't. I prefer holding, since right now, even if you don't know what you are doing, you should be able to get a profit, since most coins are just getting there price increased overtime.
with the right strategy and capital, day trading can be profitable as well as minimize the risk thus it'll be less riskier than long term trading however if you have a small capital it might not work for you. the trick is to buy lots of a certain altcoin and sell it after the price rose up e.g. +10sats, 5 sats. i usually check every hour if the price rose up and then sell if the set price reaches. note that you'll only pick a coin with a large volume at the moment
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 think day trading is very risky. You can't control the market, but there are some "groups" that can influence it a lot, and you can't really predict what they are doing. At least I can't. I prefer holding, since right now, even if you don't know what you are doing, you should be able to get a profit, since most coins are just getting there price increased overtime.
I'm contemplating expanding my holding and stop day trading totally. In any case, I very much like day trading as it enables me to keep a track on the cost and furthermore makes some extremely intriguing opportunities.
You can always "day trade" to Forex. But in crypto, day trading is not always applicable specially if theres a Bitcoin correction. And theres no guarantee you can always make a daily profit. In crypto you need to HODL as earnings takes days.
Except for bitcoin, we can not do day trading with other altcoins. Becasue except this Bitcoin no other coin price will have this much high fluctuation. But to do Bitcoin trading, you require huge investment small amount is not worth to do Bitcoin trading. If you have small amount coin better hold it for a long time this is a good idea. Jump to: