Day trade Vs HODL - page 7. | Bitcointalksearch.org

Temujhin

newbie

Activity: 129

Merit: 0

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 those who do the trading, at this time I tend to hold more, because I see the current market situation is below, if I trade daily, then I take a high risk.
Therefore, at least to step up in trading by looking at the situation and market conditions, because I am looking for what is profit

Akoldi_ibk

jr. member

Activity: 1050

Merit: 1

Let's say everyone decides to dump, take profit and leave — how will the market be if no one is HODLing? See it the other way round — no one trades, only to hold. They both bring check and balance to the market and both have ways of giving individual good profits depending strategy employed and simple rules of engagement.

For HODLer, hold good coins and take profit when your target is reached.
For Trader, buy low, sell high.

HarmonyA

full member

Activity: 602

Merit: 100

I prefer responsible HODL. Because it is more profitable than day trading. Hodling helps you to understand the cryptocurrency ecosystem and the potential of a token. Those who acquired a good quantity of bitcoin 2 to 3 years ago and HODLed, if they are enthusiastic about cryptocurrency, they will not only be financially rich, but they will also be intellectually sound if they study the market trend.

Netnox

legendary

Activity: 2044

Merit: 1008

Quote from: BitWindmill on September 02, 2018, 01:23:41 PM

I'd probably vote for hodling because day trade is the riskiest thing I can imagine...one day you gain 30% and loose 70% on the next day and so on...

It is risky and that's the reason why the probability of getting a good profit is high. If you are an expert trader, then you can make a fortune out of day trading. If you are not so competent, then you can easily get ruined.

1NV3ST0NM3

full member

Activity: 420

Merit: 110

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

This completely depends on your capabilities, skills, goals, targets and mindset. However of the two, holding is comparatively easy. If you are a beginner I would suggest you to hold and get some knowledge side by side regarding the market. Start sending some time learning about the technical analysis, carts, past trends, listen to the experts and then make your decision of trading or not.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: SUDARMONO on September 02, 2018, 08:17:35 PM

in daily trading we can get profits quickly but also have a very large risk, and I prefer to buy and hold until the coins I buy can rise higher.

That's the truth, high risk, high reward.
If you are good in day trading then why both to hold, on a regular basis you make money and that will
help you increase your capital so in a short period of time, you will be millionaire if that is your goal.

SUDARMONO

full member

Activity: 504

Merit: 100

in daily trading we can get profits quickly but also have a very large risk, and I prefer to buy and hold until the coins I buy can rise higher.

Egaymedina

newbie

Activity: 7

Merit: 0

Right now, it is difficult to do day trading because the market it makes me confused, and if I want to buy one coin that is in the down price, I need to take a look deeper and determine if the price can increase in the next hours or not. yesterday, I almost stuck in the high price but fortunately, I can sell the coins once it reaches the high price than I bought so I can make a small profit and leave the market for a while. but I prefer to hold the coin for a while and will see if the market can be back normal in the next weeks.

BTCedgar

jr. member

Activity: 134

Merit: 1

I am more inclined to choose day trading, this is because I think that day trading will be much safer. Even though we will only get a smaller profit opportunity, but it will be far better than when we have to wait for a long time with no certainty to get a profit. So each strategy must have its advantages and disadvantages. Whatever we choose must be in accordance with the capabilities we have and it is true that you think that everyone who has more free time then choosing a day trade will be much better.

manggis97

member

Activity: 476

Merit: 10

Hodl is not recommended more because we know the price all of altcoin back to the bottom and the price decreased more than 80%, day trading is more profitable and this way to avoid big loss when the market dump hard. We can compare now between trader and hodler, and i think day trader was make alot of money but hodler been loss much money.

btsjungkook

member

Activity: 333

Merit: 15

I think that there are any coins that can be used as day trading so we can still get a profit trading. but of course, in this moment, holding the coin is better and I think if we can buy more, it will give a profit too in the long run. some of us still do day trading because they can see the opportunity to make a profit but I don't think that it will easy because we need to have a skills to determine the right buy price and sell price so we can make a profit. it is better to watch the market first to knows where the trend wants to go.

Pom_bensin

full member

Activity: 812

Merit: 100

Daily trading requires a large analysis. I see that if I don't have good skills it is better to hold, because nowadays daily trading requires great risk. so holding a hold is a good thing.

ChrisPop

legendary

Activity: 2310

Merit: 1035

Not your Keys, Not your Bitcoins

If you are an experienced trader you can definitely make much more profits daytrading then just hodling.. But if you are a hodler you can try and swing trade all or at least a part of your portfolio to accumulate more of your favorite coins. For this you need solid TA skills and risk management. Trading is not easy, if it were we will have more than 5% profitable traders. Wink

pant-79

hero member

Activity: 994

Merit: 502

It depends on the skill level of the trader. Of course, for a strategy hold you needs to have the necessary amount of knowledge and skills, but in general it is much easier to choose coins for this. You can buy a few coins from the top 10. You need a lot more knowledge and skills to trade daily than for a hold.
In any case, knowledge and skills will never be superfluous, so I recommend that you study all the necessary information and gain experience. When you have enough skill, you will be able to buy coins for hold and trade daily. Hold is not a hindrance to daily trading.

BitWindmill

member

Activity: 79

Merit: 12

I'd probably vote for hodling because day trade is the riskiest thing I can imagine...one day you gain 30% and loose 70% on the next day and so on...

kniheant

newbie

Activity: 182

Merit: 0

it depend on you if you have no experience in trade then i will advise you hold some good potential coins for long time you will be get decent profit from its in future ,day trading is profitable but requires lot of times and experience to action.

btsjimin

full member

Activity: 350

Merit: 102

I guess holding would be far greater than daily trading. The market itself is volatile but when it comes to the extra added volatility like the current one the it becomes real danger for us to make any valid trade. You never know where there is call or put on your trade within the night time span. I guess you should be choosing to hold those coins at least which are the major one and trade those who are already in the swing mode. Its not that difficult to achieve the holding with your patience if you know that you will loose the money if you sell or buy in the current situation.

CDC AP

full member

Activity: 463

Merit: 102

Quote from: Netnox on September 02, 2018, 01:48:24 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 would go for medium-term to long-term holding versus day trading. Because previously I tried my luck with day trading, and ended up with quite significant losses. Perhaps I was unlucky, or perhaps day trading is not suitable for me.

Day trading is a risky affaid and not suitable for many of the traders not only you....and in holding for long time i trust only bitcoin or other coins like litecoin or ethereum other than that i would also do medium term holding for all other coins

Rooster101

sr. member

Activity: 826

Merit: 256

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 fasfer profit then try daytrading but you need to a skillful trader before doing this because it is more risky. Daytrading is good for those who not employed because a lot of time for this trading. To those who are employed, it is better cryptocurrencies and hold it for some time till their price go up. You dkn't need to monitor your coins often but you need a lot of patience in long term investment.

Netnox

legendary

Activity: 2044

Merit: 1008

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 would go for medium-term to long-term holding versus day trading. Because previously I tried my luck with day trading, and ended up with quite significant losses. Perhaps I was unlucky, or perhaps day trading is not suitable for me.

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