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Topic: Day trader or Hodler, what's the right choice? (in bear market) - page 3. (Read 516 times)

sr. member
Activity: 1442
Merit: 265
If you want to earn something daily, then you have to be a day trader, you have to bear the stress of trading and you have to be a great technical analyst and you should know what is the best entry and exit points, otherwise you will loose as a day trader, hodling is only for patient and long term investors and if you have big bags of good coins you will be making big profits long term.
hero member
Activity: 2520
Merit: 568
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Are you a hodler?
If yes, how long is the best time to HODL a coin (6 months, 1 year etc)
I prefer to be a holder. I don't want to have see daily charts, its giving me a big problem when I can't the market anymore. It leads me to sell in panic if the market wasn't so good and is on bearish. There's no time on how long should I hold. As long as there is no need for me to sell, I would prefer to hold. Maybe 3 months would be the minimum months.
Many people think that BULL MARKET will came in APRIL / MAY. Are we close to that? With present BTC situation... (and all altcoins)
Calculating the days, we are near to those months. Well the market is up again and green.
hero member
Activity: 2114
Merit: 530
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There is only one pick here and is day trader, a trader that knows his onions can make it big in any market. It is very easy to scrap the market in a bear market though anyone can be a good trader in a bull market only few people will be successful trading a bear market
sr. member
Activity: 2142
Merit: 254
Day trading can be very lucrative as it is very risky. Given the current high volatility on the market, I think nowadays it is very difficult to gain proftit by day trading. I am a long term holder (over 1 year).
member
Activity: 532
Merit: 13
I am not a day trader. I have been exchanging ether and btc into other coins ie neo,etc,ebtc and ripple. I am looking to hold these and add others in future. By the way a true day trader starts with one commodity eg bitcoin then uses that to trade all day then change them all back into original holding at hopefully a surplus. This started with shares in the 1990's.
sr. member
Activity: 1221
Merit: 250
I prefer both option, because if you invest in long term you have a lot of free time, so the best option for this is day trading. This way is the most profitable for me.
legendary
Activity: 3276
Merit: 3067
I was a trader for a long time, but I get tired because you need to spend too much time (all day and night ) in front of your computer if you want to succeed. Also, to me, trade is like gambling, you can lose everything in a minute or win big profits, but you can become an addict too.
So, for now, I prefer to hold, even when the profits are so much lower to me. But, I don't know, to me trading is just not healthy, if you get what I mean, so, holding, relaxing, and earning step by step is better to me.
member
Activity: 392
Merit: 13
Day trading is just a guessing game and most times you will end losing more than if you just held.
full member
Activity: 321
Merit: 100
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Two situations/cases in this BEAR MARKET. So:

Are you a day trader?
If yes, how long do prefer (limits) you keep a coin until you sell it?

Are you a hodler?
If yes, how long is the best time to HODL a coin (6 months, 1 year etc)

Many people think that BULL MARKET will came in APRIL / MAY. Are we close to that? With present BTC situation... (and all altcoins)

I am not a day trader. I am a holder. But I am not a blind bitcoin holder. I hold bitcoin in bull market, I hold fiat money in bear market. It is not that difficult. When I see that trend is bullish I am going to buy bitcoin and hold it until the next cycle
member
Activity: 294
Merit: 13
I'm holding my coins because I have no free money to buy back my coins. Maybe if I have some money I can do day trading hopefully can get ROI faster because of market condition right now. I hope 6 months later I can get my money back of course with some profit from my very little investment. My investment dropped about 70% because I bought them when high price
newbie
Activity: 5
Merit: 0
there is a thing between day trader and holder.
here is how I see it:

  • scalper: works with 1m, 5m charts, do a lot of trades per day
  • day trader: works with 15m to 4h charts, never hold his position more than a day
  • swing trader: can hold his position for several weeks, months
  • position trader: holders/investors. can hold a position for a year and more
hero member
Activity: 896
Merit: 520
Two situations/cases in this BEAR MARKET. So:

Are you a day trader?
If yes, how long do prefer (limits) you keep a coin until you sell it?

Are you a hodler?
If yes, how long is the best time to HODL a coin (6 months, 1 year etc)

Many people think that BULL MARKET will came in APRIL / MAY. Are we close to that? With present BTC situation... (and all altcoins)


If you have fiat cash. This is the right time to invest our fund on trading like buying all the potential coin for the cheap price. We may find the coins back to Hugh rate in couple of weeks.
Since the many regulations has been implemented and Mt gox sold huge number of bitcoins complete market devasted so use your fund highly on trading.
If you have cheap altcoins you may hold this coin for long time.
full member
Activity: 322
Merit: 100
I am including those who keep the coins until the time limit is uncertain, the possibility of coins that will save this more than a few months or maybe years, because at times like this my best situation is to keep it as strong and as long as possible, if it is not forced then I will not sell coins that I have this, because by selling it will add to the loss for me and that I do not solve the problem
full member
Activity: 336
Merit: 111
day trading is so hard. You see a coin and you say its dip lets buy some but than btc goes under 9k and your coin has a new dip Smiley  if you hold a coin you know it will recover one day for sure but must be carefull and never buy shitcoins. Coins with real project ,good team and even with a product can make new ath.
newbie
Activity: 14
Merit: 0
A day trader can make money always, for a holder it is good time to fill the bags. Choose what makes you feel more comfortable.
full member
Activity: 305
Merit: 106
Bored....
Two situations/cases in this BEAR MARKET. So:

Are you a day trader?
If yes, how long do prefer (limits) you keep a coin until you sell it?

Are you a hodler?
If yes, how long is the best time to HODL a coin (6 months, 1 year etc)

Many people think that BULL MARKET will came in APRIL / MAY. Are we close to that? With present BTC situation... (and all altcoins)
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