Pages:
Author

Topic: Day Trading or Long-term Hodl? - page 17. (Read 5328 times)

hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
November 11, 2019, 07:55:02 AM
in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.
Short term or ling term trading depend which one market condition after I make investing with bitcoin and altcoin, if market support with short term trading  I will sell my altcoin and if need for waiting long term I keep hold my assets after raise with higher price later, but many people like for investing with bitcoin and altcoin in long term period.
It is more about the skills and potential of the asset that the holders hold. With bitcoin, a person can trade in any season and make good amounts of profit only if he is skilled with trading and understand bitcoin well. Long term holding is done by people who do not prefer trading but understand the worth of their asset. Day trading is occupied by people who can keep track of changing value very well.
Trading skills are as important as the management skills and the crypto traders never ignore the fundamental factors for getting the maximum profit from the crypto markets. The potential of the crypto asset depends on the market conditions and the market circumstances dominate the profit-risk ratio. Every person without any financial management background can buy the financial asset and hold it for the long term. Day trading is hard of making the same amount of BTC from the altcoins.
member
Activity: 602
Merit: 11
November 11, 2019, 07:47:14 AM
in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.
Short term or ling term trading depend which one market condition after I make investing with bitcoin and altcoin, if market support with short term trading  I will sell my altcoin and if need for waiting long term I keep hold my assets after raise with higher price later, but many people like for investing with bitcoin and altcoin in long term period.
It is more about the skills and potential of the asset that the holders hold. With bitcoin, a person can trade in any season and make good amounts of profit only if he is skilled with trading and understand bitcoin well. Long term holding is done by people who do not prefer trading but understand the worth of their asset. Day trading is occupied by people who can keep track of changing value very well.
The unpredictable nature of the financial markets is the reason behind the decision of why people prefer to hold their valuable financial assets for the long term. The unpredictability rate increases on the small timeframes and traders set their respective risk management for each bad case. Understanding the value and grabbing opportunity are two different terms&defntions and the trading short term is very stressful.
but for those who have expertise in daily trading, I think they prefer daily trading, because with daily trading they will make more profit and in a short time. but for those who don't have free time, I think long-term trading is more profitable for them, so choosing trading time I think is optional

jr. member
Activity: 155
Merit: 1
November 11, 2019, 07:12:33 AM
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.

The best you did was learning and researching about the types of trading available. my advice to you is to look for a method that favors you or rather that you understand better and you have made profit from through practice.
Day trading is very sweet, returns on investment is very fast and u are in constant monitoring of your investment while long term trading is equally nice, you only check your investment once in a while and you are relaxed about your investment
newbie
Activity: 37
Merit: 0
November 09, 2019, 06:58:22 PM
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.


Day trading is not as simple or easy as we think at times however, it pays off most of the time. But the idea of holding a coin for so long a time, I cant advice that. It's always safe to monitor the market trends and the attribute of not being greedy has to be put into action here. When the prices are low, it's safe to buy. And when the prices are increasing again, just monitor it for a while and sell the moment you realise the prices are stable. If the prices are dropping so fast, it's better to sell quickly because it might take a long while before prices rise again
legendary
Activity: 2772
Merit: 1028
Duelbits.com
November 07, 2019, 04:22:21 PM
in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.
Short term or ling term trading depend which one market condition after I make investing with bitcoin and altcoin, if market support with short term trading  I will sell my altcoin and if need for waiting long term I keep hold my assets after raise with higher price later, but many people like for investing with bitcoin and altcoin in long term period.
It is more about the skills and potential of the asset that the holders hold. With bitcoin, a person can trade in any season and make good amounts of profit only if he is skilled with trading and understand bitcoin well. Long term holding is done by people who do not prefer trading but understand the worth of their asset. Day trading is occupied by people who can keep track of changing value very well.
The unpredictable nature of the financial markets is the reason behind the decision of why people prefer to hold their valuable financial assets for the long term. The unpredictability rate increases on the small timeframes and traders set their respective risk management for each bad case. Understanding the value and grabbing opportunity are two different terms&defntions and the trading short term is very stressful.
full member
Activity: 182
Merit: 100
November 07, 2019, 04:17:39 PM
in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.
Short term or ling term trading depend which one market condition after I make investing with bitcoin and altcoin, if market support with short term trading  I will sell my altcoin and if need for waiting long term I keep hold my assets after raise with higher price later, but many people like for investing with bitcoin and altcoin in long term period.
It is more about the skills and potential of the asset that the holders hold. With bitcoin, a person can trade in any season and make good amounts of profit only if he is skilled with trading and understand bitcoin well. Long term holding is done by people who do not prefer trading but understand the worth of their asset. Day trading is occupied by people who can keep track of changing value very well.
sr. member
Activity: 1288
Merit: 253
November 06, 2019, 11:57:52 AM
in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.
Short term or ling term trading depend which one market condition after I make investing with bitcoin and altcoin, if market support with short term trading  I will sell my altcoin and if need for waiting long term I keep hold my assets after raise with higher price later, but many people like for investing with bitcoin and altcoin in long term period.
hero member
Activity: 1400
Merit: 571
November 06, 2019, 11:24:40 AM
Of course, we can choose both if we are able and have much more time to do daily trading. But for people workers can only make long-term investments because they are too busy with other jobs. Both can be done if we are unemployed.
that's right, both are very good.
for someone who doesn't have a job in the real world, it's best to do both. but for someone who is busy in the real world, he will choose for long-term investment. in my opinion, whatever the choice as long as the coin chosen is a good coin, it will be very profitable.

When you have a real job (an actual job), when you have a boss, keeping it is being in your comfort zone, but when you will spend all of your time in Trading cryptocurrency, it might scare you at first, but once you get out of your comfort zone and got used to it, trust me, you'll like it most, cause you are going to earn more, you're going to have more free time for yourself, you're going to have the freedom you want which you can't attain when you are working and doing your daily shift at your office.

This is based on my experienced, I happened to had a job way back in summer, I've been assigned to the technical facilities fixing computers and other computer related problem, yes it sounds cool to have that some kind of job, but I don't care about the job, I care about the salary, that is why I will not do that ever again.
sr. member
Activity: 700
Merit: 257
November 06, 2019, 10:30:28 AM
in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.
jr. member
Activity: 756
Merit: 1
November 06, 2019, 10:07:42 AM
in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
November 06, 2019, 09:50:38 AM
By investing in forex, I was able to get good results in day trading and scalping, applying a good knowledge of technical analysis.
With the crypto everything is so unstable that the consecrated methods have little value, and we must rely on market knowledge, intuition and luck. And anyway, I'd bet on the long term.
I agreed with you on Day trading and scalping works perfectly with forex trading when equipped with adequate knowledge of TA and Price Action personally I had been trading forex for a while using my own twerked strategy which I deployed to crypto trading it doesn't work well the prices often defies all my analysis however I believed that your best bet is to buy and hodl for a long term trading to reduce your loss at a minimum risk We all knew that the price of bitcoin early this year was around $3300+ buyers at that price are already in profit now based on the current price of bitcoin.
sr. member
Activity: 926
Merit: 256
November 06, 2019, 09:20:22 AM
If you have enough information and time to make a daily transaction, this may be appropriate for you. However, if you are untrained in daily trading, this will only harm you. In this case, long-term investment is more suitable for you.
Long-term investment also does not guarantee going to be profitable, because to predict market conditions in the future is also very difficult, basically all we need knowledge in seeing and analyzing something, both in daily trading and in long-term investment.
every investment has its own difficulties, you need to make it easy by having knowledge in it. I also believe that knowledge is more important than profit, because with knowledge you get profit
jr. member
Activity: 155
Merit: 1
November 06, 2019, 08:28:03 AM
when ever i see a question that has to do with trading, first thing that comes to mind is profit/loss. if you are willing to be a part of the risk associated with trading then you are good to go. Now back to the question of which is better between day trading and long term trading (Hodl).

it all depends on the traders strong points, many are into day trading and it works for them, while most are into long term trading and it also works for them. As a trader do what works for you, don't follow the crowd.
full member
Activity: 1148
Merit: 101
November 06, 2019, 07:29:16 AM
If you have enough information and time to make a daily transaction, this may be appropriate for you. However, if you are untrained in daily trading, this will only harm you. In this case, long-term investment is more suitable for you.
Long-term investment also does not guarantee going to be profitable, because to predict market conditions in the future is also very difficult, basically all we need knowledge in seeing and analyzing something, both in daily trading and in long-term investment.
newbie
Activity: 4
Merit: 0
November 06, 2019, 07:20:27 AM
Day trading can be profitable if you know what you are doing and understand both the fundamentals and the technical. Some of the outcomes can collapse in price at any time, I should know I have been caught out a few times after starting a thread. So you need big swingers sometimes. https://kucoinblog.com/how-to-read-candlestick-charts-sk-bt
sr. member
Activity: 896
Merit: 251
November 06, 2019, 07:08:13 AM
If you have enough information and time to make a daily transaction, this may be appropriate for you. However, if you are untrained in daily trading, this will only harm you. In this case, long-term investment is more suitable for you.
for daily trading it must have enough free time to do on margin, so adjust the time provided. If it is a long-term investment, you may be more free to do your research. so it's good to see the time before the investment is made
sr. member
Activity: 1022
Merit: 252
November 06, 2019, 06:50:06 AM
If you have enough information and time to make a daily transaction, this may be appropriate for you. However, if you are untrained in daily trading, this will only harm you. In this case, long-term investment is more suitable for you.

Doing both is the best way to do in cryptocurrency, if we don't have to trade yet we should learn so we can do it later. Place 80% or more as a long investment and the rest for training on daytrading.
So, in the future we can do both, or even we can do a full time trade for daily income, if we already found the pattern of daytrading i'm sure we can earn like 2%-3% from our capital every day.
And also we already have long time investment which we can allocated in capital for daily trading too
member
Activity: 539
Merit: 20
November 06, 2019, 06:47:37 AM
If you have enough information and time to make a daily transaction, this may be appropriate for you. However, if you are untrained in daily trading, this will only harm you. In this case, long-term investment is more suitable for you.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
November 06, 2019, 05:37:41 AM
You can say anything, choose both of them means, first of all, choose daily trading. Because it is day trading that will take you the most time and effort.
In the case of an ordinary hold, we do not need to study charts, study indicators, build a strategy and follow it, minimize risks and learn to manage them, all we need is to buy coins as low as possible and wait.
Day trading is a full-time job.
member
Activity: 285
Merit: 10
November 06, 2019, 05:00:16 AM
Of course, we can choose both if we are able and have much more time to do daily trading. But for people workers can only make long-term investments because they are too busy with other jobs. Both can be done if we are unemployed.
that's right, both are very good.
for someone who doesn't have a job in the real world, it's best to do both. but for someone who is busy in the real world, he will choose for long-term investment. in my opinion, whatever the choice as long as the coin chosen is a good coin, it will be very profitable.

I can't agree less with you. But i would prefer hodlng as per advice I've got so far.
Pages:
Jump to: