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Topic: Day Trading or Long-term Hodl? - page 13. (Read 5328 times)

sr. member
Activity: 1236
Merit: 252
December 25, 2019, 12:16:10 PM
Whether to trade or hodl depends on the current market trend. Sometimes, hodling can be a blessing and it can as well be a doom if the market trend is not properly studied before decision is made.
Yes, holding is the best way to gain profit from your investment because holding saves our income and makes it more than double for us. Day trading is also good to make money but it needs knowledge as if you have good knowledge you can earn money from day trading as well. But I prefer long term trading or holding the most.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
December 23, 2019, 11:43:31 AM
I want to make long-term plans. It is very difficult to make daily or short term transactions. The market is so unstable that it does not allow you to take position. Whatever I think, it's always the opposite. So hodl. Because it's more effortless.
this position is very good if you are not confident in your skills. Do not risk your money if you are not a professional in the cryptocurrency market. only those people who have already studied technical analysis and understand how to properly analyze coins and the fundamental characteristics of projects can choose daily trading or trading in larger ranges.
full member
Activity: 721
Merit: 100
December 23, 2019, 10:30:55 AM
I want to make long-term plans. It is very difficult to make daily or short term transactions. The market is so unstable that it does not allow you to take position. Whatever I think, it's always the opposite. So hodl. Because it's more effortless.
sr. member
Activity: 644
Merit: 253
December 23, 2019, 09:09:25 AM
Whether to trade or hodl depends on the current market trend. Sometimes, hodling can be a blessing and it can as well be a doom if the market trend is not properly studied before decision is made.

It depends on the preference of the people, if you will choose to hold then no one will gonna tell you that it is a bad move as we do have different strategies in our investment. So, for me day trading is good as well as long term hold, depends on your time capability, on your knowledge and on the fund that you are investing.
jr. member
Activity: 448
Merit: 1
December 23, 2019, 08:18:28 AM
Whether to trade or hodl depends on the current market trend. Sometimes, hodling can be a blessing and it can as well be a doom if the market trend is not properly studied before decision is made.
sr. member
Activity: 644
Merit: 257
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December 21, 2019, 10:15:19 PM
Ive tried day trading and trust me a little bit of practice and you can earn money daily here. But for now, I prefer to hold it for a while cause the market is quite bad and unstable. It will be a loss if you try to day trade on a very bearish now. Actually perfect for some dedicated traders cause the movement is such a bit
copper member
Activity: 350
Merit: 1
December 21, 2019, 08:40:56 PM
In my opinion, day trading is much more profitable and could assure one consistent income, on the other hand long term hold takes a longer period to sell and the value could only worth it when the tokens value gets pumped. This could take years to accomplish and not everyone is comfortable with such a long term wait.
full member
Activity: 657
Merit: 100
December 21, 2019, 01:08:35 PM
At the moment I recommend you to trade daily because the market is not stable. The long-term method of hodl is very risky because if the market is unstable, altcoin price movements can go down at any time
This is not perfect way at the moment. Overall market is going on the downtrend i think now daily trade is too difficult also huge risky.
Daily trade is profitable when market something stable and growing but bear market is not suitable and i am not depend on the long term trade.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
December 21, 2019, 12:49:13 PM
It's difficult to make money trading in a bear market, a better play might be to buy an exchange token like bnb or ecxx. This way you can profit in a bear or bull market.
what is different bnb/ecxx with others coin in the bearish market?
How could those make money in bearish market?

Idk what you mean. I think those are same can be pump and down too as others coins
even ecxx is worse exchange as far I know, there is no data showed in coinmarketcap
member
Activity: 746
Merit: 10
https://axiomapay.com/
December 20, 2019, 02:05:09 PM
if you are ready, then both are good choices. such as short-term trading and also long-term investment. Another day you will get double the benefits if you do it with cryptoqurrency which has great potential and when the market has improved. even I am personally currently doing both ways.
full member
Activity: 1110
Merit: 104
December 20, 2019, 10:20:05 AM
it is due to the way you choose the wrong altcoin to hold so over time that altcoin does not have the potential to grow and its value also fades over time, while day trading is a must for experienced people to have The daily trading or long-term hold are two different directions.
I think if you buy it in the accumulation zone now altcoin is very feasible to buy, some predictions have also come out, altcoin season will come in some time, maybe in 2020 Q1
full member
Activity: 910
Merit: 101
December 20, 2019, 10:15:57 AM
It's difficult to make money trading in a bear market, a better play might be to buy an exchange token like bnb or ecxx. This way you can profit in a bear or bull market.
It seems like you are a fan of binance and ecxx, because you always refer to both exchanges and token exchanges, even though the other tokens are also many good ones, like the top 10 tokens on coinmarketcap.
legendary
Activity: 2450
Merit: 1047
December 20, 2019, 09:53:56 AM
It's difficult to make money trading in a bear market, a better play might be to buy an exchange token like bnb or ecxx. This way you can profit in a bear or bull market.

You can still make a profit but not big enough compare when you are trading in the bull market, it's good to do arbitrage when all the coins are pumping, but of course you need a lot of time to track each coin's performance in various exchanges and you need big funds as well, but it's worth it.
full member
Activity: 487
Merit: 105
December 20, 2019, 09:36:55 AM
I have only recently started using day trading and it is already profitable. I'm not in a hurry or trying to make big x's. But every day I have a small increase to my balance and it seems to me that this is correct.
copper member
Activity: 210
Merit: 1
December 20, 2019, 04:42:07 AM
Day trading is actually much more lucrative compared to long term hold. If one is waiting for long term gains in cryptocurrency it could take a much longer time considering the situation of the market presently. The major challenge with day trading is to know the right tokens to trade. Some tokens are better to be traded daily or in short term because of their volatility ratio within a short period of time.
jr. member
Activity: 224
Merit: 1
December 15, 2019, 07:23:36 AM
It's difficult to make money trading in a bear market, a better play might be to buy an exchange token like bnb or ecxx. This way you can profit in a bear or bull market.
jr. member
Activity: 188
Merit: 1
December 15, 2019, 05:03:28 AM
it is due to the way you choose the wrong altcoin to hold so over time that altcoin does not have the potential to grow and its value also fades over time, while day trading is a must for experienced people to have The daily trading or long-term hold are two different directions.
member
Activity: 798
Merit: 10
December 15, 2019, 04:48:02 AM
Hodling is currently a monetary suicide for cryptocurrency investors nowadays. Selling within minutes of listing on exchange is the only through which the loss can be avoided or be at the barest minimum.

In my opinion, for the case of crypto which is in the top 10, Hodl for the long term can be a rational choice. Maybe for many tokens, in the current market conditions it is not good to hold long-term conditions because prices are down and trading is the choice of many people. I think the style of people in investing is different and in my opinion trading is not suitable for certain people
jr. member
Activity: 448
Merit: 1
December 15, 2019, 02:40:40 AM
Hodling is currently a monetary suicide for cryptocurrency investors nowadays. Selling within minutes of listing on exchange is the only through which the loss can be avoided or be at the barest minimum.
full member
Activity: 910
Merit: 101
December 15, 2019, 02:26:54 AM
day trading can be super profitable and at the same time over-stressed, nervous is not the place here. The choice of long-term investment should be made when you have a large deposit.
Large deposits can also be very profitable if we take advantage of daily trading, because if we have a large deposit amount, the profits automatically through trading will also be very large.
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