Day trade Vs HODL - page 33. | Bitcointalksearch.org

Dart18

sr. member

Activity: 1400

Merit: 259

Recently lose a lot of money in day trading but I dont say it is not profitable.
It is how you can be with the wave.
Yes I lose it, but now I have the experience and would not apply the same mistake at my next trade. It is a lot of money but maybe it will be worth it if I profit next time.

Hodl the big names and trade the cheap ones. Grin

litepresence

full member

Activity: 358

Merit: 118

Quote from: Sanjeewa101 on June 19, 2018, 12:59:23 PM

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

Hey dude better dont do day trading at this current situation. Because market price is not that much good. If you doesn't have any proper experience Day trading is really risky. Patience is the best and mandatory thing for trader. Better hold your valuable coin. Dont sell it.

Shenzou

sr. member

Activity: 1400

Merit: 283

Quote from: Sanjeewa101 on June 19, 2018, 12:59:23 PM

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

It all depends on you and what you are trading, because some coins can be day traded because they have a volatile price so their price could go up and down significantly in a day which can lead to making profit from them, others are just better to hold to get the maximum profit from them on the long term, and also holding is probably much safer than day trading because as soon as you sell the price can keep on climbing and you would have missed you chance for more profit.

Nisharawal

member

Activity: 336

Merit: 11

I am no stable coin. to the mooonn.. and back

Quote from: Sanjeewa101 on June 19, 2018, 12:59:23 PM

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

I have been trading bitcoin and other cryptocurrencies from past few years and i have mostly been a winner till now. I have practiced both day trading and holding method but i feel holding the cryptocurrency for a longer term target is better than day trading. Day trading is more harder, more stressful, and it involves more trades which lead us to emotional trader and i don't like to trade too much. Investing is best as it is highly practical and it has higher accuracy of prediction than day trading.

Dukjila

newbie

Activity: 238

Merit: 0

To trade now there is no big benefit, if it is boring and you want to risk you can try to buy a manet that fell heavily, in anticipation of a lift.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: ShineftChaos on June 20, 2018, 02:58:09 PM

Quote from: Sanjeewa101 on June 19, 2018, 12:59:23 PM

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

Day trading and holding has different different advantage and disadvantages, if you are earning cryptocurrency for your daily needs then daily trading is very profitable but if you are having a day job on the corporate world then i prefer that you focus on one coin that will be really good for long term investment.

Asides advantages and disadvantages, they both have totally different risk levels which balls down also to their profit levels.

With knowledge you can actually be making good calls in day trading and profit from it but with a very huge risk due to the market volatility which on the other hand for holding, you are just stuck in a position without stress and waiting for the long term gains and the only risk here is that the market ends up dysfunctional but you would have at least studied the market you are getting into before doing so to realize the prospect.

Jinatfatm

newbie

Activity: 44

Merit: 0

Day trading is all about researching imo, if you are playing with quite a lump sum of money it def pays to pay attention. One of the biggest mistakes I'v done is being greedy and not taking profits, hanging on to the currency expecting it to go higher. it sucks when you cash out to soon, but at least you leave with some profit.

spartanrules

sr. member

Activity: 700

Merit: 250

The best strategy for newcomers is to try buy low any cryptocurrency from top-50 and hold it to sell in high. If you want to trade into a day you will have to learn about technical and fundamental analysis. Because successful day trade is very difficult.

Rocktop044

newbie

Activity: 154

Merit: 0

Day trading, in this bearish market it is the most efficient way to earn, and regularly too. Although it comes with it's fair share of risks, but so does HODLing, especially altcoins.

pey

sr. member

Activity: 546

Merit: 251

Free Crypto in Stake.com Telegram t.me/StakeCasino

when you are involved in hodling or trading is the key of success in the crypto, I could not make money because it was the wrong time in 2015 for me, nowadays hodling or trading most ones only lose

Aikidoka

sr. member

Activity: 1078

Merit: 342

Sinbad Mixer: Mix Your BTC Quickly

Day trading is for the people who devoted their time and everything to focus on cryptocurrency trading. On the other hand, HODL is for people who can just buy a certain coin and ignore it for a while and then go and play FIFA for 23 hours. Day trading is not easy at all, you need to master the market, the price, and many coins. That is why most people opt for holding their coins for an easy big profit. My advice is to make your own research and see what you can deal with; either Day Trading or Long term Trading.

gabmen

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CryptoTalk.Org - Get Paid for every Post!

Quote from: Karmakid on June 21, 2018, 07:37:28 AM

Quote from: Sanjeewa101 on June 19, 2018, 12:59:23 PM

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

I find day trading risky because in just one wrong move or wrong decision, we might have losses. I think hodl would provide us a better profit though it might really take time. It is still important that we'll have enough knowledge and skills in doing both.

Well if you can afford to lose more for the sake of getting experience for day trading, then that'd be good. A lot of people have made a lot of money from day trading. But personally and i think for a lot of us, hodling is more applicable since not everyone has the time, money and skill to master day trading

PX-Z

hero member

Activity: 1554

Merit: 880

pxzone.online

Quote from: Sanjeewa101 on June 19, 2018, 12:59:23 PM

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

It depends on your skills mate, if you have the ability of a good trader you can do day trading. But if not, then long-term holding is the best for you. Because long-term investment has a lesser risk than in day trading, where you don't have to spend a lot of time on monitoring of its market value.

Karmakid

sr. member

Activity: 742

Merit: 397

Quote from: Sanjeewa101 on June 19, 2018, 12:59:23 PM

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

I find day trading risky because in just one wrong move or wrong decision, we might have losses. I think hodl would provide us a better profit though it might really take time. It is still important that we'll have enough knowledge and skills in doing both.

omonuyak

sr. member

Activity: 882

Merit: 269

Quote from: Sanjeewa101 on June 19, 2018, 12:59:23 PM

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

If you actually want to play safe in bitcoin trading I think buying at the bottom and hold for long term is better. I think bitcoin has returned good profits for investors who are long term than the day trading. In forex I do make profits in day trading more than in any other form of trading but in cryptocurrencies, holding is far better than day trading. I think we should have trying to invest in other coins also and hold as the future of cryptocurrencies is very bright.

Cript-on.it

newbie

Activity: 49

Merit: 0

I used to do both, day trading and hodl. However my last strategy (an hybrid of these two tactics) brought me the best results. I usually trade only on bloody days and pump days, 10% or more volatility on market cap.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Quote from: Sanjeewa101 on June 19, 2018, 12:59:23 PM

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

If you want it safe HODL, because if market is down, you can just hodl on the coin until markets starts to recover, once it reached your goal, you can go ahead and sell. While in day trading, regardless if market is bearish or bullish you set a goal as to how much you plan to sell your coin and the price should be reasonable because if your target is to earn 10% in a day, you might not hit your goal, it should be low that by the end of the day or before the day ends you can go ahead and sell and take your profits.

anume123

full member

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Proof-of-Stake Blockchain Network

I think it's better to hold tokens or altcoins but be sure to buy a cheap price and sell it at high prices but it's really worth the time and time to make you big
You have to wait, because in day trade you need it every day and sometimes you lose a lot of panic when it's cheap.

Koro-Sensei

full member

Activity: 658

Merit: 103

Quote from: Sanjeewa101 on June 19, 2018, 12:59:23 PM

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

HODL is the best choice you can pick. No matter what you do day trades are useless in terms of profiting your just stacking all your coins and leaving them be because you just have lost your money and keep staking it day by day and at the end you end up getting broke AF. Pick your main coin and focus on it just like BITCOIN And ETH.

Indrawan77

hero member

Activity: 1274

Merit: 516

It depends on your skill and how many time you got, if you got good analysis skill then day trading can be very ptofitable, but if you only know a littel bit about trading then hold is better, if you don't have time to pay attention to chart and find updated news then you can't become daytrader, hold could be a safer choice for investing

Topic: Day trade Vs HODL - page 33. (Read 4335 times)