Day Trading or HODLING - page 2. | Bitcointalksearch.org

Genemind

sr. member

Activity: 1596

Merit: 335

Quote from: BlockGemini on October 18, 2017, 12:52:25 AM

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

You can still day tradr during the lows just to increase your holding. If you said you have earned a lot during the peak, if you can, take the risk and trade. If you do noy want to risk, just hold. The market is starting to recover.

coinscircle

member

Activity: 202

Merit: 10

Quote from: BlockGemini on October 18, 2017, 12:52:25 AM

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

I think you should trade the day and should not hold at this point, you can see that bitcoin prices are constantly fluctuating and rising sharply in recent times, but today bitcoin prices have started to decline slightly. According to my analysis, the market is still in a bear market in the long run, so bitcoin prices may continue to drop sharply at any time so you should make short-term investments at this time.

boynamnhi

member

Activity: 308

Merit: 10

Quote from: BlockGemini on October 18, 2017, 12:52:25 AM

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

You can see that the market is fluctuating continuously, altcoin prices are falling sharply today and bitcoin prices are adjusting at $ 8200 level. Therefore, I believe that at this point you should only invest short and transaction day to be able to minimize the risk. The market is volatile and difficult to predict so always have a plan to minimize risk.

capn

full member

Activity: 236

Merit: 100

Quote from: BlockGemini on October 18, 2017, 12:52:25 AM

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

I think that we need to have a golden middle between that because trading without experience will cause you to lose everything and holding without a perspectives will lead us to the same results.

LooBaao

newbie

Activity: 224

Merit: 0

On my own, I always choose long term trading, because day trading requires you to have in-depth knowledge of market trends, or know the trend of coins, so expect get profit.

coinscircle

member

Activity: 202

Merit: 10

Quote from: BlockGemini on October 18, 2017, 12:52:25 AM

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

You can see that the market is constantly fluctuating and difficult to predict, bitcoin prices may be fluctuating and increasing in recent days, but the price of altcoin is currently not showing signs of significant improvement. So I think the bitcoin price will be able to drop sharply at any time.

I believe the current day trading is the best choice, hold high risk because if the bitcoin price drops you will suffer huge losses.

5DChessMoves

jr. member

Activity: 98

Merit: 1

I am more of a HODLer but I still have some money on the side where I will try to make some day trades. Mostly buying legit coins at the daily low and sell at the daily high to make around 5%. If I make 1 trade per day I am happy.

zxl912157

sr. member

Activity: 588

Merit: 250

For 8 months I trade almost 300% of my profit, just imagine if you have 1 Bitcoin maybe your Bitcoin so there are 4.

But all of it is great patience, I always stoploss when the price drops in 5% for fear of falling deeper.
Note: I am trading in Bittrex, Binance and Kucoin.

GideonGono

hero member

Activity: 2086

Merit: 501

★Bitvest.io★ Play Plinko or Invest!

I rather pick the holding than day trading , but both of this ways are profitable the only differences of this is how long you wait , or the patience , despite the differences of this two ways , hodling is much prefer for me than day trading , it's more profitable yet advisable mostly to the new at the bitcoin industry.

Xising

sr. member

Activity: 910

Merit: 257

Quote from: BlockGemini on October 18, 2017, 12:52:25 AM

When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.

I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???

Interested to see the perspectives, specifically with alts...

That depends on your goal. Hodling is a more passive approach in venturing in the cryptocurrency market as compared to day trading which is a more active but also more grueling because it needs to so much more things to check and to observe to determine which trades should be pursued. For me who has a full time job and other activities, I can't spend too much time checking on the market and how the coins are moving, which is a requirement to do when doing day trading. So, as much as I want to try day trading, I only do the passive approach which is hodling.

xitrum

member

Activity: 392

Merit: 10

Quote from: qmclak on January 27, 2018, 05:12:47 AM

So far,my experience it depends which coins you imvested,

But i prefer hodling alts tht has more potential,
I do scalping for sometimes for particular coins,
We need tp observe which coins is good for scalping and swing,
But for beginners it safe if you are a hodler.

I think that at this point you should only trade short-term by day and should not hold any coin at this point, you can see that bitcoin prices have been steadily decreasing in recent days and have dragged there. The price of altcoin fell sharply. The market is in the downtrend phase so bitcoin girls will be able to continue to fall sharply, keeping the coin you will only damage the heavier only.

Deubila

member

Activity: 252

Merit: 10

At present prices of altcoin are falling, the two major coin in the market are ETh and BTC are the two coin the deepest decline, now is probably the best time to buy them.

Gadhoh

newbie

Activity: 154

Merit: 0

Quote from: Wind_FURY on October 18, 2017, 01:58:22 AM

I experienced the same thing last year but my losses were not that large because I never used leverage. But those losses still hurt me because all the money I used for day trading was hard earned. After 6 months of losing, I came down to "buying the dips" as my main strategy, and it has worked very well for me since February, 2016.

means that if the situation is like this is time to hold your assets do not sell because the price is down if you can add more assets if you believe the end of the year prices will rise or recover and there you can get big profits.

spartanrules

sr. member

Activity: 700

Merit: 250

Day trading requires big concentration and time to learn information about investment objects. 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.

Baoo

full member

Activity: 868

Merit: 116

Honestly, it is all depend on what you want. In fact, if you want a guarantee profit, especially in a long term (because there is a big dip in this period), then the only decision is the HODL all your budget in best profitable cryptocurrencies in the market (like, Ethereum, Bitcoin, Ripple, Cardano, Tron...), and if you want to take the risk, then you can choose the day trading, and in reality, I do not recommend it, because it is expected that this big crisis will continue and it will last for some period.
In addition to that, I think that appropriate decision during this period, is choosing the long term trading, especially in cyptocurrencies who has a large value of Market and weak price and it is certain that the best example of that is Ripple (XRP).

DJANAS

member

Activity: 219

Merit: 14

i am a day trader and i have account just for HODL

after 3 years of trading and HODL i found that HODL is much better than trading

But you have to know what is the perfect coin to HODL

For me , i would rather to HODL now especially we are in Bearish market

sumanto

full member

Activity: 462

Merit: 100

it seems that I prefer to always make trades to be able to always get a profit even though only a little but in my opinion it is quite enough to grow the capital that I have can be very expensive.

bitcoinking11

member

Activity: 378

Merit: 17

At present, the market is not suitable for day-trading and it is for experienced traders. It would be better to play safe and hold your coin for a year or so, it would be profitable for you.

LooBaao

newbie

Activity: 224

Merit: 0

Quote from: ?? on ??

Quote from: ace4549 on June 23, 2018, 02:20:38 AM

I’m prefer in day trading than holding because in day trading you will be more profitable
because in daily basis you will earning a good amount of income unlike in holding there’s no exact time that you will earn income.

Instead of day trade, I mostly like HOLDING because its easy and I did not have to do any work. just buy and wait for the next pump.

now bought a lot of Waves and waiting for next pump

Yes, profiting from the Crypto market is simple for those who are patiently waiting, HOLDING the coins in time and waiting for the opportunity, keep an eye on the price and do not be impatient when the price of the altcoin drops, they will increase again and you sell them at the appropriate price.

Luckygames.fun

newbie

Activity: 3

Merit: 0

I think Hodl during bear market will be rewarded!

Keep in mind total marketcap of all cryptocurrencies is ~300 billions!
While single companys like microsoft and apple have 700-900 billions!
I think we're still at the beginning!

Topic: Day Trading or HODLING - page 2. (Read 1963 times)