Topic: Day Trading or HODLING - page 4. (Read 1972 times)
If you have more money for trade then I suggest you do hold trade.Because I hear hold is gold.You look bitcoin one year old price and now bitcoin price. it's very different from previous price.So hold and get more profit next year.Yet you want to trade daily to find some good coin.
I believe that since trading requires more flexibility in terms of time and strategy planning, it is not everyone's cup of tea (including salaried professional like me) so for me, investment is a better option where I can spend my free time to do the research and other stuff and invest according to it. Whereas when it comes to trading, I have to spend my day or weeks as per the market movement and it is difficult for me at this stage and thus I would suggest trading for those having much flexibility and investing for those who don't have that flexibility.
It depends on the experience on trading you have, and the time that you can use on it.
The formula would be
High experience high amount of time to dedicate: then daytrade
Other: buy and hold
Some good day traders have also some long term stocks.
The formula would be
High experience high amount of time to dedicate: then daytrade
Other: buy and hold
Some good day traders have also some long term stocks.
If you are a buyer than day trade is best,you can brought with low price. If you are a seller of bitcoin then obviously night trade is best and you have to hold in the morning. As all know the maximum price rise will be on a night and not at the morning. Day time you have to hold and sell at night time to get profit.
So right about Holding for long term because now its really too high value since we never see. After some dips its slightly increasing its trend. I would suggest long term is better than trading. Trading can be profitable if you are doing at least from couple of months back so that you would've get more profits.
Alts can good for trading and long term holding however its totally depends up on the projects they handling right now. If its last for some more years then your alts will grown automatically..
Alts can good for trading and long term holding however its totally depends up on the projects they handling right now. If its last for some more years then your alts will grown automatically..
Based on your experience you have been profiting from your day trades when Bitcoin was priced around the 1000$ level and right now you are thinking that you have missed your opportunity to earn just by holding, which is right now 15x the amount when you are just trading (well in December 10 of course) but you can answer your question yourself would you have earned more if you hold your Bitcoin compared to when you are earning it via trading. Additionally you must think of the urgency of money as holding cryptocurrency won't satisfy that matter as you won't profit now rather you are expecting to profit big in a long term perspective.
It depends on the experience on trading you have, and the time that you can use on it.
The formula would be
High experience high amount of time to dedicate: then daytrade
Other: buy and hold
Some good day traders have also some long term stocks.
The formula would be
High experience high amount of time to dedicate: then daytrade
Other: buy and hold
Some good day traders have also some long term stocks.
If you have another income, you should hold for a long time. If not, you can choose to trade in short time. But remember that, don't be greedy. Let sell with 5 or 10% profit.
it depend on the choice of a person if you are good risk taker and want to earn more money in less time then you need to do day trading but in day trading win and loss are 50% chances but in holding trading win chances is more as compare to loss chances.
If you have another income, you should hold for a long time. If not, you can choose to trade in short time. But remember that, don't be greedy. Let sell with 5 or 10% profit.
HODLING is the best now.
You have BTC, HODL it.
I start to sell it some to do HODLING on altcoins.
The key is; HODLING is the best now.
Money is just growing,
BTC is rising,
HODL
You have BTC, HODL it.
I start to sell it some to do HODLING on altcoins.
The key is; HODLING is the best now.
Money is just growing,
BTC is rising,
HODL
Holding may actually be the best option because it takes very little effort and the price keeps going up so your going to make a good profit just by buying and holding.
I’ve done a lot of trading and there is potential to make more money, but there is no guarantee that you can time it correctly. Plus it takes a lot of time and effort to set up all the trades and do all the research necessary to trade properly.
I been learn about trading strategy in 3 years, learn about technical and fundamental analysis but until now still difficult for me to get consistenct profit because I can not control my emotion, and now I decide only Hodling some coin that has strong in fundamental like BTC and ETH.
Even you can control your emotion, You will still not memorized the way on how to constantly have profit on altcoin trading because crypto market is too unpredictable. Hedging is the best way to have aconstant profit but still this method is under development for cryptocurrency.
I been learn about trading strategy in 3 years, learn about technical and fundamental analysis but until now still difficult for me to get consistenct profit because I can not control my emotion, and now I decide only Hodling some coin that has strong in fundamental like BTC and ETH.
HODLING is the best now.
You have BTC, HODL it.
I start to sell it some to do HODLING on altcoins.
The key is; HODLING is the best now.
Money is just growing,
BTC is rising,
HODL
You have BTC, HODL it.
I start to sell it some to do HODLING on altcoins.
The key is; HODLING is the best now.
Money is just growing,
BTC is rising,
HODL
I prefer to HODL now,
Trading is like unoredictable.
Trading makes me tired at some point.
I like to HODL now,
too many information now
Trading is like unoredictable.
Trading makes me tired at some point.
I like to HODL now,
too many information now
It's really hard to say about this subject, cause somes win in day trading , somes lose. And it's the same to holding. So you should figure out which is suitable for you to play with . Not from someone else.
You should simultaneously trade and holding. Holding for projects that will develop in a certain time. Daily trading will make you profitable to spend. You should use these two methods at the same time to maximize your profits.
It depend on what aim have you got: if you want to earn money in long term HODl will be better, but if you need money to pay your bills trading will be better. But trading always more dangerous than HODL for long term.
In my opinion, you should invest only because invest does not require much work and is free from risks. Invest into something that is definitely profitable and you will not lose. Like for example you're investing in a property or a house. The price of a home will always go up over time and will not go down. In contrast to Bitcoin investment, Bitcoin prices can still go up and down and you can profit and lose.
But some people are trading for investing. Some people deliberately do trading to collect money.
I'm holding long with all my investments currently.
Might start to day trade in the near future though, but so far I've yet to sell anything in the past 1+ year.
No losses.
Might start to day trade in the near future though, but so far I've yet to sell anything in the past 1+ year.
No losses.
You should simultaneously trade and holding. Holding for projects that will develop in a certain time. Daily trading will make you profitable to spend. You should use these two methods at the same time to maximize your profits.
It depend on what aim have you got: if you want to earn money in long term HODl will be better, but if you need money to pay your bills trading will be better. But trading always more dangerous than HODL for long term.
I'll go for Day Trading. If everyday you earn 3%-4% then in 1 month you can double your capital. While hodling can earn you good profits too but, you are limited to how much the profit you can earn from a particular investment. Hodling is less risky while day trading is risky because the tide may turn against you and suffer a loss. The problem with day trading is if you dont stick to the plan to Sell at a particular price.
why not to doing both of that?
Depending on how good (or lucky) you are with trading it can level out. Wins & losses with trading vs. hopefully just growth holding.
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