Topic: Day trade Vs HODL - page 9. (Read 4332 times)
I think hodl is not recommended because the meaning of hodl is hold for long times , and we know the price of crypto can be back to the bottom after a few month, the price can be going up to 10 times in amonth but also can be back to the deep in afew month. Day trading and swing trading is much better because by this way we can make profit consisten in every month.
What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
Experience in crypto trading big loser or winner
For me daytrade is more interesting for me because it really helps for our daily needs.While in holding you dont have profit you just wait for the pump of price to sell it.
My experience in the holding is good and i like to hold more than trade because trading required high technical skills and market knowledge of the currencies so it is very difficult for me to trade but yes the holding is profitable and required less time.
Holding is the simplest way for an investor to make a profit in the cryptocurrency market. But remember that the most important thing that the investor needs to do is to choose the right coin before making the decision to invest because if you choose the wrong coin then you will lose everything. What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
Experience in crypto trading big loser or winner
For me daytrade is more interesting for me because it really helps for our daily needs.While in holding you dont have profit you just wait for the pump of price to sell it.
My experience in the holding is good and i like to hold more than trade because trading required high technical skills and market knowledge of the currencies so it is very difficult for me to trade but yes the holding is profitable and required less time.
Daily trading actually requires very good skills and you also need to be able to have very high confidence and patience so you can apply daily trading and can get enough profit for the day.
I think that is your choice if you are stuck at a very expensive price and do not have trading capital anymore then all you can do is hold it down until the price restores the price, but if you still have capital then use it to trade daily.
I think everyday trading involves a lot of risk, especially for new entrants. For experienced investors, it is also difficult to make a profit when trading in the day. I personally think that keeping and trading in the long run will be safer and more profitable.
I think that is your choice if you are stuck at a very expensive price and do not have trading capital anymore then all you can do is hold it down until the price restores the price, but if you still have capital then use it to trade daily.
What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
It depends on the market and coin trends, now it is not recommended for hodl considering that the crypto market is unstable and even tends to go down, so as long as you buy and get profit by selling at the current price then just sell, do not risk much with HODL, unless you believe with the coins you buy to go moon. Experience in crypto trading big loser or winner
Day trading always needs a lot of experience in order to make a good profit but people who are holding the coins in the long term will always make a good profit. So it always to hold the coins if we don't have any good experience towards the trading.
What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
There are many difference between day trading and long term investment like strategies and techniques. Both of them are profitable and effective if you will use your strategy in suitable investment. Experience in crypto trading big loser or winner
I prefer to give your recommendations for daily trading and I suggest you can find a way to do daily trading, so you don't just let the trading assets or capital that you have just keep quiet because it won't hurt you.
I think you better do daily trading than hold, because by doing daily trading you can get profits and can grow your assets even if not too much but at least can get a lot of profits and can add assets or trading capital that you have.
It depends on many factors, I guess: availability of time; the coin you have; the market conditions; your experience, etc.
If, for example, you have a day job, your coin is BTC, and the market conditions are like the ones we have now, the safest option is Hodling...
If, for example, you have a day job, your coin is BTC, and the market conditions are like the ones we have now, the safest option is Hodling...
What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
Experience in crypto trading big loser or winner
I am not fully a trader but will use the opportunity if there is one coin or several that have the potential to generate profits, and for Hold I will choose a coin that in its habit will crawl up for a long time, for example bitcoin.
If you not an experience trader, i will recommend you stick to HODLing your coins until the time is right to sell them. But then, if you feel you wanna try your hands on day trading then take a lesson before you begin to venture.
I consider day trading to be more lucrative to HoDLing. Unlike Holding, day trading gives you the chance to earn some good money over a 24 hour period. Profit made from day trading can be used to buy back the coin you wish to hold. However with holding, you neither gain or loss money. the quantity of your coin remain same despite the ups and downs of the market.
I've never recommended daytrading to anyone, especially not for beginners. Here's the reasoning:
It takes alot of hours from your day, when you're trading there's no leaving from the computer for x hours. You sit and analyze your positions, leaving your position open unguarded can be a very punishing.
You need to know how to do TA and do it FAST, there's no time for second quessing yourself.
There's alot less room for error in daytrading than in swing-trading/hodling.
All in all, i wouldn't recommend.
It takes alot of hours from your day, when you're trading there's no leaving from the computer for x hours. You sit and analyze your positions, leaving your position open unguarded can be a very punishing.
You need to know how to do TA and do it FAST, there's no time for second quessing yourself.
There's alot less room for error in daytrading than in swing-trading/hodling.
All in all, i wouldn't recommend.
What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
Experience in crypto trading big loser or winner
I am not fully a trader but will use the opportunity if there is one coin or several that have the potential to generate profits, and for Hold I will choose a coin that in its habit will crawl up for a long time, for example bitcoin.
At present the price of coins is constantly falling, so there is no reason for us to trade in the day, because if you choose to trade in the day you will lose money early.
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