personally i am prefer to long term hold if see current condition on bitcoin and other cryptocurrency price. bitcoin and altcoin now looks good for long term investment, price growth very nice today and in future it could multiple again to maximum level. for day trades its still too risk now and better for long investment if we look how bitcoin price rise from march when its dumped due corona fear till current price.
To me holding long term is riskier than day trading, unless its bitcoin, with day trading you can get still grab your profit and get out if the coin is going downhill, with long term you might end up with negative in the end, yeah you might get moon profits but the chances of that happening is low.
Topic: Day Trading or Long-term Hodl? (Read 5328 times)
For the current situation I prefer the day trading instead of long term hodl. Because the market price is going so quick also coming down so fast. In this up-down market if you can find 5-10 good coin than you can easily make some profit everyday.
I am doing this. First I have selected some well known establish coin from Coinmarketcap. All of them are in 1-200 ranking and exchanger I use is Binance. I keep looking on them and buy in deep. Then sell them when I get enough profit. My profit margin is 7-10%+ .
I am doing this. First I have selected some well known establish coin from Coinmarketcap. All of them are in 1-200 ranking and exchanger I use is Binance. I keep looking on them and buy in deep. Then sell them when I get enough profit. My profit margin is 7-10%+ .
one thing about day trading is that it requires many regular efforts which later become your hubby that will lead to profit. but long term is to make extensive research about a coin you want to invest into and then keep doing follow up for profit taking and to sell off if need be. both are good.
The first Important fact I think you should know is that, day trading and long-term holding are world's apart. For day trading you need to be well equipped with the knowledge and skills in order to be successful, it is not something you jump into within a few days of knowing it and expect to make good returns. As for the other one, that is long term holding, it also requires its own ways/things but not as tough as that of day trading because if worst comes to worst, you can easily hold Bitcoin or Ethereum.
However, what I am trying to picture here is that, you need to be good in order to make gains in day trading and also you need to know how to research about projects in order to hold coins that will give you good returns. In my own opinion, the best way to get started with long-term holding is through holding major coins.
However, what I am trying to picture here is that, you need to be good in order to make gains in day trading and also you need to know how to research about projects in order to hold coins that will give you good returns. In my own opinion, the best way to get started with long-term holding is through holding major coins.
personally i am prefer to long term hold if see current condition on bitcoin and other cryptocurrency price. bitcoin and altcoin now looks good for long term investment, price growth very nice today and in future it could multiple again to maximum level. for day trades its still too risk now and better for long investment if we look how bitcoin price rise from march when its dumped due corona fear till current price.
To me holding long term is riskier than day trading, unless its bitcoin, with day trading you can get still grab your profit and get out if the coin is going downhill, with long term you might end up with negative in the end, yeah you might get moon profits but the chances of that happening is low.personally i am prefer to long term hold if see current condition on bitcoin and other cryptocurrency price. bitcoin and altcoin now looks good for long term investment, price growth very nice today and in future it could multiple again to maximum level. for day trades its still too risk now and better for long investment if we look how bitcoin price rise from march when its dumped due corona fear till current price.
To me holding long term is riskier than day trading, unless its bitcoin, with day trading you can get still grab your profit and get out if the coin is going downhill, with long term you might end up with negative in the end, yeah you might get moon profits but the chances of that happening is low.Personally, I just prefer to choose the coins in the top 10 coins because those are options that are held by many investors.
Dont be fool by that cause crypto are ranked base on market capital and trading volume. Therefore, centralized coins which was among the top 10 by can be manipulated by a single whale.
Long term hold can get you no where if you don't take profits, not all the coin you plan to hold for long term will survive and not all coins will bring your expectations, short term hold is better and also keep analysing the coins, some team can be capable today and turned lazy later
Day trading is very good for making profits every day, out can use the money to make a living just to survive and long term holding is good if you plan to be a future whale someday, I recommend doing both instead, also there is IEO launchpad too that's very profitable
There is nothing about the process that hinders you from doing both, especially given long term doesn't consume that much time relative to the holding period(s)
Brilliant stuff, I do think the same. But it took me several years before realizing I don't have to choose one/switch between those two.So if you do both it comes a lot more natural, because you can sort of process each coin independently and choose right strategy
in fact, when ethereum prices exceeded $ 300, I decided to hold it in the long run. to be honest, I had sold several assets before the price went up, and I thought that was a slightly bad decision. however, I still have some assets at the moment, and I think I will hold it in the long run.
personally i am prefer to long term hold if see current condition on bitcoin and other cryptocurrency price. bitcoin and altcoin now looks good for long term investment, price growth very nice today and in future it could multiple again to maximum level. for day trades its still too risk now and better for long investment if we look how bitcoin price rise from march when its dumped due corona fear till current price.
To me holding long term is riskier than day trading, unless its bitcoin, with day trading you can get still grab your profit and get out if the coin is going downhill, with long term you might end up with negative in the end, yeah you might get moon profits but the chances of that happening is low.personally i am prefer to long term hold if see current condition on bitcoin and other cryptocurrency price. bitcoin and altcoin now looks good for long term investment, price growth very nice today and in future it could multiple again to maximum level. for day trades its still too risk now and better for long investment if we look how bitcoin price rise from march when its dumped due corona fear till current price.
To me holding long term is riskier than day trading, unless its bitcoin, with day trading you can get still grab your profit and get out if the coin is going downhill, with long term you might end up with negative in the end, yeah you might get moon profits but the chances of that happening is low.
There is nothing about the process that hinders you from doing both, especially given long term doesn't consume that much time relative to the holding period(s)
I prefer long term hold but for a good project , like holding , BCH ,ETH , BTC, LTC and other serious coins and token. This is because to me day trading takes time and good analysis. if you are not good in analyzing the market yet you enter day trading you make end up losing all your funds that is my opinion.
I also prefer long-term hold because if the project or a coin is promising enough it could give you a good profit in the future like Bitcoin, Ethereum and other top cryptocurrencies in the market. Unlike day trading it is more risky rather than long-term holding, especially if you are an inexperienced trader that you have a difficulty analyzing the market charts, and you will only end up losing your funds.
Well, I wouldn't say any is best,it depends on how well you know how to trade especially when it comes to day trading, if you are good with that ,then go for it,but if not,long term would be best ,imagine you are still holding your AWC from 2019 to 2020, you will be happy you held,so it depends on which works out for you.
I prefer long term hold but for a good project , like holding , BCH ,ETH , BTC, LTC and other serious coins and token. This is because to me day trading takes time and good analysis. if you are not good in analyzing the market yet you enter day trading you make end up losing all your funds that is my opinion.
I consider day trading more lucrative but riskier. Day trading exposes one to the volatility of the market and could lead to excess losses, if one is not careful or skillful in trading. The long term hold on the other hand could give one the opportunity to stake a side based on experience and expectations.
I engage in both, day trading is for my survival, I do this almost every day and as for long term hodl I choose few reliable altcoins and Bitcoin of course for a long time holding, it's advisable to do both to maximize your results
The issue is that day trading can also be a risky venture when you go against the odds. There's tendency to make quick buck trading daily, but it also pose the risk of one losing out in a pump when it comes on a project you hold. Imagine one holding btc or ethereum, bought around January this year, the increase now is over 300%. My submission is for one to be flexible and take advantage of what comes.
trading is for daily, but for investment you can put it for the long term, it will be very good if you understand it, indeed good trading is in the spot market, because you can trade and invest, but if you are in futures trading, then you are required to have stop lose
for daily trading, it seems different. You must specify a time or limit to get out of the market. sometimes if you trade daily then you will often go with the flow of the market. and that can trap us in a trade. 
trading is for daily, but for investment you can put it for the long term, it will be very good if you understand it, indeed good trading is in the spot market, because you can trade and invest, but if you are in futures trading, then you are required to have stop lose
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