Topic: Day trade Vs HODL - page 26. (Read 4311 times)
It is different for different minded people.
Day Trading is not advised by anyone , even profesional traders will tell you to stay away from it or to minimize it as much as you could . The best thing to do is to meet holding and day trading in the middle and do some Swing Trading . It won't let your money sleep and it's not as risky as daytrading If you do it the right way by learning how to not be greedy , using stop losses , risk manegment , analyzing charts .....
Yes, I actually agree with this opinion. We can chose between day trading and HOLD depending the situation. If we think that crypto price unstable and risky, you must keep your money safe, keep steady. Wait utill the price go down under the sea, LOL. Then, buy some, HOLD for days, weeks or mouth. This way can decrease our stress.
But, if you see the price stable, and continue go up, you can chose day thading. It more safe and fun. Like we do at then end of 2017th.
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So, keep watching and analyse then you can chose your best way to gain profit.
Don't Kill your money with Trading without thinking!
I rather try to HODL for a while than trading while the market is down. I know you can earn while the market is bleeding as long as you know exactly what you are doing. But as a beginner like me, i have to study more first.
Both works whichever coin falls into. I do day trade for some coins that have a very easy movement predictions and others are just continued to be HODLed.
Yes, especially for those coins who have a high volume and most active trades in which makes day trading more effective. But I still prefer long term hodl, even though it gives sometimes a long term emotional ride you could still feel more secured compared to day trading.
Personally then I would much prefer to do day trading. I have analyzed that I have that potential, I have enough time to monitor the daily movement of crypto prices. therefore I do day trading. in my calculations that when we do day trading then we should be able to make decisions quickly and accurately. we do not have to look at the size of the profits we get because the most important thing is that we can sell our coins much more expensive than when we bought the coin. this is a quick strategy and we have to do it on a daily basis. day trading may only provide little profit, but when constantly we can get it every day then we can get a satisfactory result.
It is different for different minded people. I prefer holding than day trading. Day trading has more risk than holding. Holding is more safe and profitable.
Yes, I agree with you. Though both are beneficial way of earning money, trading is more hassle and stressful. I want holding because I can easily decide when to sell coins. Its quite more relaxing thdan trading, we just have ti sit and wait for our money to grow.
Day traders are those people who are full-time traders and are having enough capital to trade every day. An advantage of a day trader is that he can earn a profit little by little every day when blessed with good luck. But longtime holders will earn a huge profit though it takes a longer time.
Both works whichever coin falls into. I do day trade for some coins that have a very easy movement predictions and others are just continued to be HODLed.
I am very impressed with people who are able to hold coins for years. yes he may already be a millionaire, but the current situation is different Bitcoin price increase in 2017 does not seem to be repeated again.
Hodl is the best abd traditional way in bitcoin investment while day trade require time, skill and huge capital to be an awesome profit. Concerning the 2017 price. Market price manipulation was the bullish force behind the year 2017 market price but I want you to know that without price manipulation we can achieve another ATH but it going to take a lot of time with patient.
thanks for the constructive suggestion
In fact, you have to make a choice yourself. If you prefer trading crypto currency and controlling the situation, then choose day trading. In other cases, Holding is more suitable for you.
This depends on your available time. If you have so much time and you can spend those available time in monitoring and analyzing charts and trends then Day Trade is good for you. HODL also requires analyzing charts and trends, but since you are more on hodling for a longer period of time it doesn't require you to check and analyze every hour or every other hour.
What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
If you don't know how to day trade it is much better for you to hold and vice versa if you have a knowledge of trading it is better for you to leave some of the coins to hold them and trade for some others. Experience in crypto trading big loser or winner
I used to follow hodl strategy during the bounce period of bitcoin from May to December, last year. Just following the big dump starts at bitcoin, I have foreseen and change my strategy to following daily trade. Trading works out better at undefined times. According to my foresee and sense I am changing the strategy time by time. Because I don't believe technical analyzis or any other strategies. I think there are so many whales directing the markets. And I believe that they will strart again a big bounce and I believe that it will be in 2-3 motnhs. I trust my feelings.
For my opinion hold is the best choose for you. It's make you profitable & other site Day trade also risk for you. I recommend you try hold.
What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
My recommendation is to start with holding and then slightly go to the trading process with small amounts increasing them slightly as well, my cryptocurrency experience is sometimes looser and sometimes winner Experience in crypto trading big loser or winner
depends on the current market price. what is your trading strategy etc. today bitcoin price falls a little.so it's not good time to do the trade. You can hold your coin, for now, .wait for SEC news about the crypto. I am just holding my asset now.bBeing a safe bet, hodling is very convenient for newbies because you can learn about the market movements in a safe manner and without getting too nervous and making mistakes resulting in a loss
Daytrading is good if you want to make some money and you are already very experienced on bitcoin and the way that the trading works because you have some experience, otherwise you will be losing a lot of money on the first day
Yeah the main thing in day trading is experience otherwise you will lose all your money. I suggest for new traders to spend some time with crypto trading experts and gain as much knowledge as you can and then start trading. It is good for affective trading. If you have no interest in trading and want to just invest your money in crypto then buy hold for some time.
Depends on what your goal is. If you want to be on the safe side and stay in the black, day trade might not be good for you. But if you want to make bigger profit, then you might like to consider day trade as opposed to hodl.
Being a safe bet, hodling is very convenient for newbies because you can learn about the market movements in a safe manner and without getting too nervous and making mistakes resulting in a loss.
The downside is that very often you might have to wait a long time before you make profit and the profit might be not as significant as with the day trade.
The downside is that very often you might have to wait a long time before you make profit and the profit might be not as significant as with the day trade.
For a very busy person who got a regular job, i think day trading is not easy to do. You need to have enough time to do day trading that's why i am just hodling my crypto assets and wait for a while until the cryptocurrency's price goes high.
Yeah you are right a busy person cannot trade on daily basis. For him holding is better option. If I have extra money I will invest in cryptocurrency and wait for long time. Hope it will give me profit because the price will go up with the passage of time. For free person day trading is one of the most profitable businesses in the world because no other business will give you such a huge profit. Jump to: