Topic: Day Trading or Long-term Hodl? - page 15. (Read 5315 times)
Profit and loss in crypto world is unavoidable because there will always be bear market and bull market, there are risks in every angles of decisions you make like planning to hold for short and long term, risk involvement is what makes it more interesting
I think between day trading or Long-term Hodl both have advantages. But I would rather trade every day (every week) while waiting for the right time to do long-term trading. That I do now and every week I get profit even though not much, but at least by trading every day, can provide benefits for us, while waiting for profits from long-term investment
We should always consider both ways because now most of the coins converting their blockchain to POS model and it will help us to get some more coins by staking them, day trading is always good and it will help to make some profit on the daily basis. A person who manages both of them will make most of the money.
Long term HODL if we are talking about good fundamental projects with high utility. There is no reason to sell early if the application at hand will be around for 5-10 years to come because the user base will continually rise over time! =]
I think between day trading or Long-term Hodl both have advantages. But I would rather trade every day (every week) while waiting for the right time to do long-term trading. That I do now and every week I get profit even though not much, but at least by trading every day, can provide benefits for us, while waiting for profits from long-term investment
We should always consider both ways because now most of the coins converting their blockchain to POS model and it will help us to get some more coins by staking them, day trading is always good and it will help to make some profit on the daily basis. A person who manages both of them will make most of the money.
Day trading and holding in the long term, both of them can make a profit together and everyone must have their choice according to what they can do. For me personally to do day trading we need to understand more about trading and how to read charts to estimate what we will get and determine the right point to get out and buy the coins we have.
yes, and to do long term hodl also we must have good knowledge to analyze the project thoroughly so that we can hodl long term coins that really have good potential and therefore to do both will be very beneficial if indeed we have the knowledge both in that field and we have to consciously and confidently do it because usually we only do it according to rumors, news or anything that basically we don't have the knowledge that in the end you will only make careless choices
I think between day trading or Long-term Hodl both have advantages. But I would rather trade every day (every week) while waiting for the right time to do long-term trading. That I do now and every week I get profit even though not much, but at least by trading every day, can provide benefits for us, while waiting for profits from long-term investment
A bit of both nowadays!
Trading must really have a lot of time to continue to control market movements and charts, and must have reliable expertise in analyzing to choose potentially profitable coins in the near future, and trading cannot be done with two options with real work whose time is up and focused on real work.
and that is the reason I did not choose to trade because I have a permanent job and my needs are also met from the results of my salary, and HODL will be the best choice for those who have real jobs whose time is only run out for real jobs, if the crypto trade and real work are both lived in my opinion will not be focused.
and that is the reason I did not choose to trade because I have a permanent job and my needs are also met from the results of my salary, and HODL will be the best choice for those who have real jobs whose time is only run out for real jobs, if the crypto trade and real work are both lived in my opinion will not be focused.
Day trading and holding in the long term, both of them can make a profit together and everyone must have their choice according to what they can do. For me personally to do day trading we need to understand more about trading and how to read charts to estimate what we will get and determine the right point to get out and buy the coins we have.
yes, and to do long term hodl also we must have good knowledge to analyze the project thoroughly so that we can hodl long term coins that really have good potential and therefore to do both will be very beneficial if indeed we have the knowledge both in that field and we have to consciously and confidently do it because usually we only do it according to rumors, news or anything that basically we don't have the knowledge that in the end you will only make careless choices
my advice you can do both to get big profits one day, but invest your money with top or altcoin coins like BTC, ETH, LTC, EOS & BNB. some of which are very good for long-term and short-term trading. in trading you must be active in monitoring the assets that you are trading, with high volume coins, trading in large & important markets you must be prepared to accept any crypto risk and at least be able to manage your finances correctly.
I will say it depends on the one that works for you. day trading may pay for those who understand the market trend and trading signals , but for others long holding might pay .
That's right, it depends also on how we organize a good trading strategy, we can not expect more to the market, they always show significant changes not in a matter of days or months, but hours and minutes. And may we always be blessed by the goddess of fortune for every sale and purchase transaction in this cryptocurrency. 
Day trading and holding in the long term, both of them can make a profit together and everyone must have their choice according to what they can do. For me personally to do day trading we need to understand more about trading and how to read charts to estimate what we will get and determine the right point to get out and buy the coins we have.
I will say it depends on the one that works for you. day trading may pay for those who understand the market trend and trading signals , but for others long holding might pay .
Day trading for me. But it's hard to compare these two things, it depends on what do you expect 
Before now, I have always been getting it wrong about cryptocurrency. A friend recently opened my eyes to see how I could have increase little coins I have to fortune overtime by day-trading. But I am no that type. I had always thought I could only make fortune in crypto by hodling a certain coin for long.
13 months ago, I bought SNTR worth about $100 hoping that in few months I'll wallow in milliions of dollars like Ian Balina , but the reverse is often the case in the subsequent ones I bought. Sad fact, $100 worth of SNTR 13 months ago now less than $2.
Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and AWC could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.
13 months ago, I bought SNTR worth about $100 hoping that in few months I'll wallow in milliions of dollars like Ian Balina , but the reverse is often the case in the subsequent ones I bought. Sad fact, $100 worth of SNTR 13 months ago now less than $2.
Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and AWC could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.
long-term hold investing:
Pros:
Reduced tax rate thanks to long-term capital gains.
More hands-off than short-term trading.
Allows for cost averaging.
Forces you to research projects thoroughly.
Less paperwork involved for income reporting.
Cons:
You may miss out on large gains.
Not as exciting as day crypto trading.
Harder to make daily gains or income.
day trading:
Pros:
Potential for big gains.
Can potentially provide you a new income stream.
More exciting than a long-term holding.
Cons:
Carries higher risk than a long-term holding.
Higher tax rates.
More paperwork is involved.
You could end up holding a useless coin when it dumps.
Hope it can help.
Thank you for the headstarts. That's a bang of advice. But how could day trading make one end up hodling shit coin when dump? Since he sells everyday and keep track of coin.
Well, with this special concept of trading being the right choice and friendly to me. So feel free to choose trading for this time because this is a day of trading for everyone who is lucky. I hope all of you are also a lucky person.
Before now, I have always been getting it wrong about cryptocurrency. A friend recently opened my eyes to see how I could have increase little coins I have to fortune overtime by day-trading. But I am no that type. I had always thought I could only make fortune in crypto by hodling a certain coin for long.
13 months ago, I bought SNTR worth about $100 hoping that in few months I'll wallow in milliions of dollars like Ian Balina , but the reverse is often the case in the subsequent ones I bought. Sad fact, $100 worth of SNTR 13 months ago now less than $2.
Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and AWC could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.
You should expect such, crypto is moving in circles and do not be fooled by thinking that all coins will never fall, there will always be rise and fall in crypto, if you can hold your 2$ worth of SNTR you can make your money back or over but if you sell now its your loss, you are not really in loss until you sell 13 months ago, I bought SNTR worth about $100 hoping that in few months I'll wallow in milliions of dollars like Ian Balina , but the reverse is often the case in the subsequent ones I bought. Sad fact, $100 worth of SNTR 13 months ago now less than $2.
Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and AWC could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.
Most times, I engage myself in day trading after studying the charts and other parameters that might made a coin moon. I used to trade Bitcoin, Ethereum and Ripple for long term trading but I trade other altcoins daily or in 48 hours.
For me, day trading is really profitable only if you can find your way around the daily trading tactics. Holding is not really profitable compared to day trading. A profit I can make from day trading can buy X5 of what I should have held. So in most cases, holding is not really profitable.
A lot depends on the current market trend because if the market is stable, day trading will bring a lot of profits for you if you have a specific investment strategy. I usually hold very little in the long run because the risk is usually very high if the market suddenly drops and that will be the time when you are most easily panic. In my opinion, if you know how to analyze and have good experience in day trading, you absolutely can make a huge amount of money.Of course, there is no need to make too much profit but if you can earn 5% daily profit, you will certainly be very successful in trading and this is what everyone wants when participating in crypto.
One thing you should understand is that whether Day trading or long term hodl, each comes with a lot of practice and learning. Day traders spends months if not years to gain the neccessary knowledge which will help them same is with long-term hodl; especially nowadays the market isn't always favourable only those with adequate year of training and experience can survive anyone not in this category might find it hard. As for me, long term hodling is my thing but am very careful of the coins to hold, I consider a lot of things.
Daily trading can be more profitable than long-term investments. But I think daily trading is more risky. And you should have a good buy-sell strategy for your daily trading and have free time for researches. You also have to follow the market very well. So I choose long-term investment instead of daily trade, as I cannot follow the market very well and I don't have a lot of free time.
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