I don’t know why you are holding this type of token for long term. Still now Silent Notary (SNTR) is going to dying project. 13 months is a long time investment which is bullshit decision you make it. For the long term investment i only recommend top ranking coins others any crypto-currencies will be highly risky. Definitely short term trading is big profitable if you will be take enough risk than good profit is possible in day trading. Right now Atomic Wallet Coin (AWC) is looking something risky for the recent trading activities.
It is true. A long-term investment is more appropriate if you choose coins and tokens that are ranked at the top of coin market. Because the new coins or tokens still do not have a strong and unique ecosystem niche, the price is easily destroyed. Whereas for the short term it depends on market conditions, because it is always changing. Actually long-term and short-term are both profitable, as long as they are based on market analysis, not just provoked by FOMO and unclear rumors. 
Topic: Day Trading or Long-term Hodl? - page 24. (Read 5315 times)
For me i prefer long term holding over than day tading because i am a busy person now, i have a lot of works to do that's why i can't focus on day trade and i also belive that holding a promising crypto like bitcoin and ethereum will be very worth it to wait. Because both of this crypto have a bright future.
I think it is in fact matter of skills an individual has. If a person is good at day trading then obviously he should continue with it instead of simply holding coins because that way he will be able to make good money on daily basis. The best is to keep oneself update with hourly fluctuations for the sake of observing behavior of a coin. Bitcoin is best for both day trading and long term holding.I prefer both I mean when I have free time for months then I focus on day trading or during the those days when we have continuous fluctuations as day trading is best during the time of fluctuations, after a long struggle I have segregated a certain portion of fund for day trading ehich I keep rotating aprt from the reserve which is there for long term HODL.
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.
I don’t know why you are holding this type of token for long term. Still now Silent Notary (SNTR) is going to dying project. 13 months is a long time investment which is bullshit decision you make it. For the long term investment i only recommend top ranking coins others any crypto-currencies will be highly risky. Definitely short term trading is big profitable if you will be take enough risk than good profit is possible in day trading. Right now Atomic Wallet Coin (AWC) is looking something risky for the recent trading activities. 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.
Long-term HODL is much better. Day trading is too risky of a proposition. You can lose so much money oh, well you can also make money, but most people lose money because it's too stressful.
For me i prefer long term holding over than day tading because i am a busy person now, i have a lot of works to do that's why i can't focus on day trade and i also belive that holding a promising crypto like bitcoin and ethereum will be very worth it to wait. Because both of this crypto have a bright future.
I think it is in fact matter of skills an individual has. If a person is good at day trading then obviously he should continue with it instead of simply holding coins because that way he will be able to make good money on daily basis. The best is to keep oneself update with hourly fluctuations for the sake of observing behavior of a coin. Bitcoin is best for both day trading and long term holding. 
Hodling can give you good profit but not in all cases, meaning not all the coin you hodl. Before hodling, you can check if the community is active and this is important. If the coin is in cmc, you can easily check there to know the direction that it is and how it can grow in the future. You have to study a coin before investing in it. I have invested blindly too and seeing price slump painfully.
Personally, I've benefitted more from holding than day trading, but that's when things were still going smoothly in crypto, I mean when x100 was possible and not now. Presently before holding any coin, you need to be extraordinarily careful, since most will end up with regrets. Recently I tried holding NPXS and DENT and I've lost 700$+ as at now. Sometimes it takes grace to make profit, and not how well you did research. If given the chance and if I will have to advise people especially my friends, I would tell them that it is better for them to do day trading rather than long term, yes, they can earn only 3-10% in day trading, or sometimes loss, but it is way better rather than holding in long term but in the end you don't have profit at all.
Hodling can give you good profit but not in all cases, meaning not all the coin you hodl. Before hodling, you can check if the community is active and this is important. If the coin is in cmc, you can easily check there to know the direction that it is and how it can grow in the future. You have to study a coin before investing in it. I have invested blindly too and seeing price slump painfully.
Personally, I've benefitted more from holding than day trading, but that's when things were still going smoothly in crypto, I mean when x100 was possible and not now. Presently before holding any coin, you need to be extraordinarily careful, since most will end up with regrets. Recently I tried holding NPXS and DENT and I've lost 700$+ as at now. Sometimes it takes grace to make profit, and not how well you did research.
It all depends on how you are capable of. if you have skills in daily trading, then use it. but also pay attention to the assets that you use for daily trading. because not all assets can be used and suitable for daily trading. some will be more appropriate and profitable in the long run.
At this time, I am not making a long-term investment in all my assets. I trade daily and short term for several new tokens that are registered in large exchanges.
At this time, I am not making a long-term investment in all my assets. I trade daily and short term for several new tokens that are registered in large exchanges.
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 $2.
Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and Atomic wallet (AWC) could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.
Of course, do not let that be a worry for you, crypto is not in a good season so its normal if 100$ worth of token turn 2$, SNTR is not the only project that suffers huge loss but we can't categorized it as loss until you sell the 100$ worth of tokens for that 2$, there is profit in holding so do not be bother, you can find other means like trading 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.
I count it as loss already cos SNTR is dead. Team swapped to CIL with limited supply while many investors/hodlers stuck in SNTR. swapping was restricted to high volume which was very unfair practice even after huge loss, I can't spur in my hard-earned cash again.SNTR is now very cheap, you really lost your money, but still quite active in the hobit exchange. Anyway you bought SNTR in the last year so it was bear market then it was not good to hold. Well if you buy ethereum or binance coin this time and hold for long term, I'm sure you can make profit.
The same period Eth and BTC was down. I could remember that BTC fell to around $5k. Almost same or worst if I bought BTC or ETH instead. But the difference is that BTC will always come back to life at least.
as uses with returns on work with evaluation to follows of details of personal competence parties to gains as distinctive on limit as might to deliver with numbers on returns as nominal with profit to complete within the terms of plan.
Friend! This tough a bit for me to understand. I would appreciate if you can simplify it for me.
For myself, I currently prefer to divide it into 2 financials, one for daily trading and one for long-term investment. I will not check or open long-term investments before there is an increase in price according to the target. but for day trading I choose as my income every day because there are rules that have been set in trading
I don't want to take the bait and get into the tokens you are shilling. I will just proceed to answer your question. Actually, this question has been asked countless of times already both inside and outside this forum. There will be more than just yes and no in the answer. I do day trade but very seldom, only when a very reliable signal is available. When none, my tokens are inside my wallets sleeping for the long term. But everything will still depend on your skills. You have to consider that as well.
Some consider it shilling but to me, I just talk about coins i found with good potentials and try to make some wise decisions by not relenting on my intelligent alone cos it has failed me severally. I really appreciate your contribution.
I know many are still going to go with day trading, its true you can double your coins or earn daily but its not safe compared to long term hodl, in crypto space seasonal changes is a must, bear season and bull season, the hardwork in holding coins is the long time waiting, if you can get over this you will make it unless you invest in bad coins
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.
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.
Holding doesn't work too well these days. You should probably focus on holding few top cryptocurrencies especially Bitcoin.
SNTR is SilentNotary, right? I guess it's currently abondoned as it's worth almost nothing on coinmarketcap. https://coinmarketcap.com/currencies/silent-notary/
Yes It is. SNTR now swapped to CIL but with limited supply. So many hodlers accepted bad fate given by the team.
trading is not for everyone. If you will ask me about what is better between day trading and long term trading, my answer will be depends on traders skills. I'm a trader and I do not have enough patience to wait so short term trading is better with me.
For newbie, they can follow signals analyzed by the pro traders. There is a website which show professional traders analysis such as tradingview.com there you can learn how to do short term analysis to start daily trading
Thank you for the info. Quite useful at this time.
Day trading isn't as simple as just buying low and selling high, it just doesn't work much with altcoins in my experience you got to do it in BTC/USDT. If you take a look at the SNTR today, its almost worthless coin where you can't even see updates that can make the coin spike a bit to attract traders but with BTC the price can just swing in everyday where your chances of earning is much larger.
Currently the price of SNTR is $ 0.000001, the value is very cheap, why does the OP keep SNTR coins for so long when this coin has no potential, only 2 exchanges have SNTR volume.
I agree with you that it's better to trade daily with BTC / USD or BTC / ETH with great opportunities and you can play with your strategy.
I guess cos I didn't have any trading knowledge as at when I bought it. Now, I know better.
trading is not for everyone. If you will ask me about what is better between day trading and long term trading, my answer will be depends on traders skills. I'm a trader and I do not have enough patience to wait so short term trading is better with me.
For newbie, they can follow signals analyzed by the pro traders. There is a website which show professional traders analysis such as tradingview.com there you can learn how to do short term analysis to start daily trading
Take a look at this, you must think that the OP is doing a promotion. Quite a lot of discussion about DX on the thread made.
https://bitcointalk.org/index.php?action=profile;threads;u=2161267;sa=showPosts
https://bitcointalk.org/index.php?action=profile;threads;u=2161267;sa=showPosts
Seems this is a trending style of those who want to allegedly shill their coins but it doesn't matter now because most members of the community are well aware of that! Might as well make a thread to compare his favorite coin (for shilling) and a close competitor and let the community engage in a discussion of both project's merits and features and see which is best among them.
Anyways, I think its best to day trade if you have enough time and want short term gains otherwise you could hold provided that the token/coin your hodling is very promising that it has a high probability of gaining huge ROI's in mid to long term period.
I am astonished with how you think. I really don't have good knowledge of trading. Maybe that accounts for my huge loss on SNTR. Even hodling had been devastating on my portfolio and that was because I hodl the wrong coin just as you said. Now i know better. I added DX and AWC with Matic to my wallrt. I look forward for more good coins to hodl.
Once you make sure that the coins you pick are working products just relax and go with long term hold, they will surely drop in price but that's all, its only a matter of time they will surely surge again, only bad coins will find it hard to rise up after they fall big
Thank you a bunch
This is my personal experience, so I originally aimed to trade with an initial capital of $ 100, I observe every day on the market, there is no significant movement. only +0.1 or less and more than that. In the end I didn't withdraw, and instead I kept hodl, so it would be a long-term investment. therefore the situation also determines for trading or long term.
So did you ever make any loss with that initial capital while day-trading?
Once you make sure that the coins you pick are working products just relax and go with long term hold, they will surely drop in price but that's all, its only a matter of time they will surely surge again, only bad coins will find it hard to rise up after they fall big
Specifically in the bear market while you are talking about the crypto trading you should trade only for day trading. If you are trade on altcoins which are newly lunched or fluctuate then trade very short period and after making a slight profit exit immediate. This because if the price is go beyond your expectations then it is not sure that the price will come again and even the whole project behind the coins go vanished. If you are trade on the giant Bitcoin, Ripple, Ethereum or any other within the top10 then if the price go adverse then you can hold this for the long time patiently.
I love this advice. Perfect for what I need. Many thanks.
Please specify what SNTR you are referring because I search at CMC and all I see is this https://coinmarketcap.com/currencies/silent-notary/..
and based on its price history, it never reach a price of 100 usd, I think you have both a scam coin my friend..
By the way, from 100 usd to 2 usd now, that's a big loss, I just hope you don't risk a lot of money to that coin you are talking.
OP bought with capital 100 USD, not the coin never reach 100 USD. and based on its price history, it never reach a price of 100 usd, I think you have both a scam coin my friend..
By the way, from 100 usd to 2 usd now, that's a big loss, I just hope you don't risk a lot of money to that coin you are talking.
the main problem that OP did use stop loss, or even did know how stop loss is. so, let's be knowledge
the second learning is that it's very risky to trade in bearish market, like falling from zero to hero
No, i actually bought for long term hodling. bought $100 worth of SNTR and investment zeroed down to less than $3.
Please specify what SNTR you are referring because I search at CMC and all I see is this https://coinmarketcap.com/currencies/silent-notary/..
and based on its price history, it never reach a price of 100 usd, I think you have both a scam coin my friend..
By the way, from 100 usd to 2 usd now, that's a big loss, I just hope you don't risk a lot of money to that coin you are talking.
and based on its price history, it never reach a price of 100 usd, I think you have both a scam coin my friend..
By the way, from 100 usd to 2 usd now, that's a big loss, I just hope you don't risk a lot of money to that coin you are talking.
No my friend. i didn't buy scam. I bought during ICO. I bought $100 worth of SNTR not at $100 as price. and $100 worth pf SNTR then, now worth less than $3. Big loss for me. Same SNTR now swapped to CIL.
Depending on the case we choose to trade daily or hold long-term Altcoin some, if experienced, should trade daily to increase profits, lack of experience and do not want to be profitable in the short term. So hold is a safe way, but must know exactly how Altcoin holds to have a chance of success.
I have gotten more advice that says I should hodl long, so i think hodling would be better. I don't have trading knowledge actually.
Please specify what SNTR you are referring because I search at CMC and all I see is this https://coinmarketcap.com/currencies/silent-notary/..
and based on its price history, it never reach a price of 100 usd, I think you have both a scam coin my friend..
By the way, from 100 usd to 2 usd now, that's a big loss, I just hope you don't risk a lot of money to that coin you are talking.
OP bought with capital 100 USD, not the coin never reach 100 USD. and based on its price history, it never reach a price of 100 usd, I think you have both a scam coin my friend..
By the way, from 100 usd to 2 usd now, that's a big loss, I just hope you don't risk a lot of money to that coin you are talking.
the main problem that OP did use stop loss, or even did know how stop loss is. so, let's be knowledge
the second learning is that it's very risky to trade in bearish market, like falling from zero to hero
Please specify what SNTR you are referring because I search at CMC and all I see is this https://coinmarketcap.com/currencies/silent-notary/..
and based on its price history, it never reach a price of 100 usd, I think you have both a scam coin my friend..
By the way, from 100 usd to 2 usd now, that's a big loss, I just hope you don't risk a lot of money to that coin you are talking.
and based on its price history, it never reach a price of 100 usd, I think you have both a scam coin my friend..
By the way, from 100 usd to 2 usd now, that's a big loss, I just hope you don't risk a lot of money to that coin you are talking.
Depending on the case we choose to trade daily or hold long-term Altcoin some, if experienced, should trade daily to increase profits, lack of experience and do not want to be profitable in the short term. So hold is a safe way, but must know exactly how Altcoin holds to have a chance of success.
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