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Topic: Day Trading or Long-term Hodl? - page 20. (Read 5328 times)

sr. member
Activity: 1120
Merit: 263
Sovryn - 300-500% APY on USDT Deposit
October 28, 2019, 04:36:46 AM
With any strategy in this area, you can lose most of your money, so think and act. In the volatility of the cryptocurrency market, you will never find a perfect panacea for trading.
Therefore, one should not listen to the advice of someone unknown, but act exclusively on one's own.
hero member
Activity: 924
Merit: 505
October 28, 2019, 04:30:38 AM
I will choose daily trading for me to profit everyday because i have only small amount of capital thats why i can not hold it for a long term.
Holding is to those have big capital they can hold it anytimr they want.
hero member
Activity: 1008
Merit: 511
CryptoTalk.Org - Get Paid for every Post!
October 28, 2019, 04:13:36 AM
Very tragic indeed for this SNTR coin from the price of $ 100 in a year to $ 2 less, this is very pathetic. First of all we have to look at the trading market for coins to be invested, usually I want the trading market to be at the top of the cmc for the coins, in addition to other analyzes that I have done, and I am more prepared on old coins and tested

This is not new in crypto investment as many projects have failed to maintain the initial price of their token after the token sale. If I'm correct SNTR have airdropped billions of tokens because they have 1 trillion total tokens based on the Whitepaper which I think is not good to look for as investment due to the large supply but less demand. With regards with day trading vs long-term hold, I think it will depend on a person because these two strategies have different ways.
hero member
Activity: 1386
Merit: 503
October 28, 2019, 03:12:42 AM
It depends on the market situation, if in a Bearish situation then I think it is not suitable for daily trading because it is difficult to get profit, But if the Bullish market situation is suitable for daily trading because with volatile prices it will be easy to get profits. Long term investment suitable for the Bearish market situation.
if we can take advantage of the situation even in bearish conditions we can still get profit. believe it or not, pro traders will always be able to get a profit in impossible circumstances though. daily profit can be achieved even though a little struggle.
sr. member
Activity: 1246
Merit: 254
Trphy.io
October 28, 2019, 03:05:15 AM
It depends on the market situation, if in a Bearish situation then I think it is not suitable for daily trading because it is difficult to get profit, But if the Bullish market situation is suitable for daily trading because with volatile prices it will be easy to get profits. Long term investment suitable for the Bearish market situation.
sr. member
Activity: 1020
Merit: 253
JangaCams.com
October 28, 2019, 03:05:10 AM
With the altcoins going down like a falling knife, day trading doesn't look profitable anymore. I would definitely prefer long-term holding, but that too only with either Bitcoin or with established altcoins such as Ethereum, Litecoin and Bitcoin Cash. Right now I don't think that a recovery may occur for the altcoins anytime soon. At least for the next 6 to 12 months, we can expect them to go down in value. Short selling may be a good option, but those who doing it should be aware of the risks associated with it. 
Day trading is possible too, you may still get some in day trading ,little amount of profit will do , if you know how to play with the market. Every succesful trade will have a profit. Long term hodl is good also if the coin has a potential also and still you have a budget.
Daily trading can indeed be profitable if you understand market movements. because in every trend if you can to do daily trading there will be profit opportunities in it. and for long-term investments I think requires expertise in the level of patience when holding, my reference to long-term investments with coins that have a good rating
hero member
Activity: 1498
Merit: 586
October 28, 2019, 02:58:42 AM
With the altcoins going down like a falling knife, day trading doesn't look profitable anymore. I would definitely prefer long-term holding, but that too only with either Bitcoin or with established altcoins such as Ethereum, Litecoin and Bitcoin Cash. Right now I don't think that a recovery may occur for the altcoins anytime soon. At least for the next 6 to 12 months, we can expect them to go down in value. Short selling may be a good option, but those who doing it should be aware of the risks associated with it.  
Day trading is possible too, you may still get some in day trading ,little amount of profit will do , if you know how to play with the market. Every succesful trade will have a profit. Long term hodl is good also if the coin has a potential also and still you have a budget, then go for a long term trade but make sure that your profit will be more higher than your first buy.
sr. member
Activity: 2002
Merit: 250
October 28, 2019, 02:25:20 AM
then we can do long-term trading, and can do other activities.
Yup! That's the best choice to do for a busy bee like me Cheesy. Engaging with crypto is more of a simple hobby but less of a mandated routine for me thus I hodl for good. Though I want to deal with it as much as possible, there are still main priorities that should be finished first like my review for board examination.

Agree, for people who are busy with various jobs or activities, I think the long term is an alternative investment. Trading requires extra time and also a high concentration in analyzing market movements and I think if we are not able to provide enough time to analyze, it's better to invest in the long term
if you have the intention for the long term I think you have to analyze it well, it's the same as daily,
if you fail to analyze it in the long time I'm sure you can't feel profit, always use only 20-30% of funds
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
October 28, 2019, 02:17:38 AM
then we can do long-term trading, and can do other activities.
Yup! That's the best choice to do for a busy bee like me Cheesy. Engaging with crypto is more of a simple hobby but less of a mandated routine for me thus I hodl for good. Though I want to deal with it as much as possible, there are still main priorities that should be finished first like my review for board examination.

Agree, for people who are busy with various jobs or activities, I think the long term is an alternative investment. Trading requires extra time and also a high concentration in analyzing market movements and I think if we are not able to provide enough time to analyze, it's better to invest in the long term
full member
Activity: 1232
Merit: 186
October 28, 2019, 01:32:29 AM
then we can do long-term trading, and can do other activities.
Yup! That's the best choice to do for a busy bee like me Cheesy. Engaging with crypto is more of a simple hobby but less of a mandated routine for me thus I hodl for good. Though I want to deal with it as much as possible, there are still main priorities that should be finished first like my review for board examination.
full member
Activity: 1526
Merit: 111
Pepemo.vip
October 28, 2019, 01:21:13 AM
I think both are profitable depending on which area you find yourself. If you know how to trade daily and got some experience then day trading would be a right choice but if you don't know how to trade, the best thing you can do is buy and hold coins with great future, do some research before starting the hodl game else you get burnt like you would if you go into day trading without the knowledge of day trading.
Yes, it really depends on our time availability as not everyone of us can do day trading due to some matters such as you have work, or you have business that you are handling everyday, as day trading requires focus and much time compare to long term hodl which is fit for busy person.
Besides having lots of free time, daily trading also requires skills. not everyone masters the knowledge. Daily trading will be very profitable if we can master it, but if we don't have good trading skills, then we can do long-term trading, and can do other activities. Daily trading psychology is needed because of high fluctuations



member
Activity: 490
Merit: 19
October 28, 2019, 01:09:20 AM
I prefer day trading to long trading
Some found long trading to be better, i don't trade everyday because of loses, sometime the market is just bad and fluctuates a lot but i like trading when bitcoin is bullish, most times i always win
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
October 28, 2019, 01:04:11 AM
With the altcoins going down like a falling knife, day trading doesn't look profitable anymore. I would definitely prefer long-term holding, but that too only with either Bitcoin or with established altcoins such as Ethereum, Litecoin and Bitcoin Cash. Right now I don't think that a recovery may occur for the altcoins anytime soon. At least for the next 6 to 12 months, we can expect them to go down in value. Short selling may be a good option, but those who doing it should be aware of the risks associated with it. 
newbie
Activity: 20
Merit: 1
October 28, 2019, 12:37:54 AM
Long-term hodl is better, like this activity on KuCoin if you're holding a KCS this might help you to gain more since the annual return rate is 30%. See more details regarding this here; https://www.kucoin.com/news/en-the-kcs-lockup-and-cash-back-program-the-second-round/?utm_source=tftj
hero member
Activity: 1190
Merit: 511
October 28, 2019, 12:33:07 AM
I think both are profitable depending on which area you find yourself. If you know how to trade daily and got some experience then day trading would be a right choice but if you don't know how to trade, the best thing you can do is buy and hold coins with great future, do some research before starting the hodl game else you get burnt like you would if you go into day trading without the knowledge of day trading.
Yes, it really depends on our time availability as not everyone of us can do day trading due to some matters such as you have work, or you have business that you are handling everyday, as day trading requires focus and much time compare to long term hodl which is fit for busy person.
full member
Activity: 491
Merit: 100
October 28, 2019, 12:00:00 AM
I think both are profitable depending on which area you find yourself. If you know how to trade daily and got some experience then day trading would be a right choice but if you don't know how to trade, the best thing you can do is buy and hold coins with great future, do some research before starting the hodl game else you get burnt like you would if you go into day trading without the knowledge of day trading.
sr. member
Activity: 560
Merit: 290
www.thegeomadao.com
October 27, 2019, 08:27:44 PM
im just wondering, why you still keep that coin while it had hard dump? i never hold coin that i bought if the price was decrease 10% from i buy,
you should learn from your mistake, do not hold coin that dump 10% from your buy prices, its very high risk
sr. member
Activity: 784
Merit: 251
October 27, 2019, 08:16:43 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 Atomic wallet (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.
Do not get your hopes up and hold on too long with altcoin, in fact many thousands of altcoins fail to reach the point of success, even the tokens that you hold (SNTR) to this day are increasingly worthless. investing in the top 10 coinmarketcap in my opinion is very good for the future, especially bitcoin (because this is the main). Invest wisely and start trading if you have understood carefully. investing 60% in bitcoin and 30% in altcoin makes more sense to me.
member
Activity: 921
Merit: 10
October 27, 2019, 06:33:05 PM
Day trading is certainly more profitable, but it is not suitable for everyone. For those who don't have a lot of free time and the opportunity to trade every day, it is best to stick to a long-term hold.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 27, 2019, 06:28:53 PM
the trade carried out for me depends on the needs and potential that exists. but for long-term investment in my opinion is quite good in conditions of any trend, because long-term investment requires time and focus in investment. and for short-term investments I think more based on the potential of the coin at that time
long term isnt suitable on bearish market, because the longer you hold coins, the price would be deeper

i take example in 2018, many coins were falling down even we dont know where is the bottom

in that condition if we do long term, then we will get BIG LOSE
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