Day trade Vs HODL - page 32. | Bitcointalksearch.org

Ararbermas

sr. member

Activity: 1988

Merit: 283

Quote from: Sanjeewa101 on June 19, 2018, 01:59:23 PM

What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner

Hodl is the common strategy to avoid losing money, especially if you don't have enough knowledge how to manage doing day trading and etc. Which is you must hold for long term until the price rocketed and always control your emotions to avoid being hasty or stay away on the market and comeback after moths or year to check the situation of the growth rate, to prevent such issues.

Missterio

newbie

Activity: 308

Merit: 0

I think if the market is down then it does not matter what kind of cool trader you are, you still can not multiply your coins. I think that hodl is much more profitable than trading every day. Here you do not need to worry every minute you just bought and just wait for a good price.

DennisStoff

member

Activity: 140

Merit: 10

When i do trading, i've tried day trading many times, but the tendency of loss is 80%, until now, i worry if doing day trading because it is quite difficult, moreover market such fall on price. While hold, there nothing to worry about, but you must hold the right coin. Anyway, nothing that promising on cryptocurrency, think again before acting.

Nerman

full member

Activity: 364

Merit: 107

Quote from: Sanjeewa101 on June 19, 2018, 01:59:23 PM

What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner

It will actually depend on your skill. DO you have ability to trade, if yes then do trade because we know that trading is more profitable than holding if you know what you are doing. If you do not have trading skills then just buy and hold. Just buy when the price is low and try to set a target price and sell when you hit it,

Dudeperfect

hero member

Activity: 1190

Merit: 534

To be honest, I am doing a full-time job and part-time business so giving the time and flexibility is not possible for me which is required for trading and hence I believe that trading is not my cup of tea at this stage. However, I can always take some time from my schedule and use it for the research paper that will help me to make decisions and build strategies considering the long-term investments. The answer to your question is subjective and it will differ from person to person so assess your own profile before taking any decision.

TedMosby

sr. member

Activity: 1120

Merit: 438

https://bitcointalk.org/index.php?topic=5274318.0

Quote from: Sanjeewa101 on June 19, 2018, 01:59:23 PM

What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner

if you have a skill and background on trading, day trading might be a good choice for you. however, based on my experiences, day trading is really time consuming. you cant just make an order and leave it. you need to follow the chart, market, news, and this, and that. exhausting.

hodling give me more profit than daily trading. it's like doing nothing is the best choice to make profit on crypto. buy and forget. true story.

maxreish

sr. member

Activity: 1330

Merit: 326

If you want in a safety zone then i suggest you just HODL. While right now, btc and other altcoins are not in the good price, it is really best if we hodl our diversified portfolio. Wait patiently for the bullish price to come then do a sell to make a profit. I am not good in a short term trading, so i will just go continue on hodling.

Faxmate

sr. member

Activity: 1071

Merit: 253

Quote from: MonsterV on June 21, 2018, 12:20:29 AM

Quote from: Sanjeewa101 on June 19, 2018, 01:59:23 PM

What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner

Trading requires not only market analysis skills, but also requires patience and thoroughness, very fast price movements occur only brackets within minutes the price can go up and can go down. Most importantly patient and meticulous.

If changes very often but we will have to hold with patience and don’t sell at all, we need to have specially skills for trading, like getting know the technical analysis and time to buying and selling, buy now is the best option for us, so I think it is good to hold your coin with patience, day trading has a bit of risk so if you have guts to deal with the risk I am sure you can earn highest profit from it.

kyori

sr. member

Activity: 335

Merit: 250

DECENTRALIZED CLOUD SERVICES

Quote from: Sanjeewa101 on June 19, 2018, 01:59:23 PM

What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner

Day trading is really profitable but it is hard to understand which coin will soar high and I guess you need to have the "script" a program that will give a hint which coin will be pumped in the next hours or days. HODL is also profitable but it takes time to get your profit

Casmania

full member

Activity: 390

Merit: 100

Quote from: Willitivity on June 21, 2018, 04:27:15 PM

Day trading is cool if you know what you're doing cause it can get you rekt at any mistake, and requires constant attention. Basically the best thing do is day trade a few coins and then hold the the potential coins which have solid projects behind them.

Yeah its good when the coin price in the market was still on good and progressive pumps, but all in all after those day trading it might crash and some traders will dump all their coins which mad the value at smaller amount. Holdling would be the best options as your cryoto will develop great price foe the next 5 to 6 months, or might be a year as long as its community will become more prominent to the public.

locoliloo

newbie

Activity: 20

Merit: 0

hold, invest in good projects and wait. With day trading you can end up going crazy.

groko271

hero member

Activity: 790

Merit: 505

Both can be very effective, but both can have serious pitfalls unless there is a plan in place.

For experienced traders, (especially those who understand technical analysis) day trading on pips can be very profitable. However people thinking they can buy some bitcoin, start day trading and become a millionaire are only fooling themselves. Last time I looked at the stats I believe there is only like 5% of day traders who are successful, and by successful I mean they dont run at a loss..... and even a smaller percentage that actually do a good profit.

However as for Hodling,this can be dangerous too. You may miss awesome opportunities to increase your bag by trading on the (larger) dips and spikes you see over several months.

My simple rule is to Hodl, however every time the price doubles I sell 10%. This way I dont sell all of my btc in a hissyfit while making some profit along the way ........and if a huge crash does happen I wont be totally loosing out.

goldade

full member

Activity: 896

Merit: 104

The Standard Protocol - Solving Inflation

Quote from: Sanjeewa101 on June 19, 2018, 01:59:23 PM

What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner

You may HODL if you buy bitcoins and intend to hold for a very long period of time. Let's assume you bought bitcoins and you intend to keep it for about two years, then you may HODL.
However, if you intend to make profits, however small, in a very short period of time, then I'd advise you to day trade. Day trading is simply taking advantage of the differences in the price of bitcoin in short tine intervals. You however need to be very careful because it might be risky.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: samycoin on June 21, 2018, 04:52:58 PM

Quote from: Sanjeewa101 on June 19, 2018, 01:59:23 PM

What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner

You know the day trading is needed a capital and holding is more profitable than to day trading. They have differences so if you don't have big capital for day trading much better to choose to hold until you reach your goal profit.

Yes.It really needs a big amount of capital so you need to be extra careful and cautious in doing day trading or else you will just lose all your money in just a sudden.Hodling may still give you a bigger profit but it will still take time like 1-2 years but i assure you it's really worth the wait since crypto price is bound to increase as time goes by.

samycoin

full member

Activity: 812

Merit: 100

Quote from: Sanjeewa101 on June 19, 2018, 01:59:23 PM

What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner

You know the day trading is needed a capital and holding is more profitable than to day trading. They have differences so if you don't have big capital for day trading much better to choose to hold until you reach your goal profit.

Fatunad

sr. member

Activity: 2226

Merit: 347

Quote from: Bezobraznike on June 21, 2018, 04:40:51 PM

Quote from: Willitivity on June 21, 2018, 04:27:15 PM

Day trading is cool if you know what you're doing cause it can get you rekt at any mistake, and requires constant attention. Basically the best thing do is day trade a few coins and then hold the the potential coins which have solid projects behind them.

What you think how many people knows to trade!? Many people here seems to like day-trading, but how much of them have
enough knowledge to make profit from that?
Day trading should be fun activity for most of the people. Hobby, nothing more. I`m a long-term holder, investor. I started with
buying and earning more then a year ago and I`m still doing that. I haven`t intentions to stop before 2020, I hope next huge
wave will wait me to buy on this low prices.

Day trading wont really be fun after all since this is very complex way on doing trading which we do involve on a very volatile market and making decisions into a short period of time which i do see a very stressful and non-enjoying thing on my part. We do know the level of risk is high compared into just holding it all. This is the difference among them but we know Higher risk means higher profit but only a few do able to succeed or retain to make money with day trades.

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: Willitivity on June 21, 2018, 04:27:15 PM

Day trading is cool if you know what you're doing cause it can get you rekt at any mistake, and requires constant attention. Basically the best thing do is day trade a few coins and then hold the the potential coins which have solid projects behind them.

What you think how many people knows to trade!? Many people here seems to like day-trading, but how much of them have
enough knowledge to make profit from that?
Day trading should be fun activity for most of the people. Hobby, nothing more. I`m a long-term holder, investor. I started with
buying and earning more then a year ago and I`m still doing that. I haven`t intentions to stop before 2020, I hope next huge
wave will wait me to buy on this low prices.

dev9t9ok

newbie

Activity: 154

Merit: 0

I dislike a day trading because this type of trading requires plenty of time and a mandatory attention. Another important part of a day trading requires to make immediate decisions which it need to make very fast reflecting on a changable situation on market.
If you are a risky trader and you want to get much action and emotions than a day trading is for you.

Willitivity

sr. member

Activity: 1190

Merit: 256

Day trading is cool if you know what you're doing cause it can get you rekt at any mistake, and requires constant attention. Basically the best thing do is day trade a few coins and then hold the the potential coins which have solid projects behind them.

CryptoPastadigger

newbie

Activity: 12

Merit: 0

If you are new to this trading thing than i suggest to just hold your coins and do that long term investment thing it won't pay much but it's way less riskier than day trading

Topic: Day trade Vs HODL - page 32. (Read 4311 times)