Day Trading or Long-term Hodl? - page 8.

volport

newbie

Activity: 70

Merit: 0

Quote from: govorrue on January 08, 2020, 05:07:44 PM

And what markets are you now following from the growing ones? Probably even any solutions you can recommend? Cause I am not an expert, so would definitely be interested to talk to experienced person here

As for today, I would say that I am pretty impressed with following exchanges and wallets solutions market growth. I am following solutions for several months already, as for the most interesting ones, I would probably recommend you to have a look at GetHashWallet. Have you heard of the guys already?

Crypto5060

jr. member

Activity: 443

Merit: 2

Theagriverse.io

That's the inherent risks in crypto. Whether you choose to hold or to trade, you will be exposed to certain levels of risks but while holding could take a longer time, trading risks can occur in shorter time.

govorrue

newbie

Activity: 70

Merit: 0

Quote from: volport on January 08, 2020, 05:05:38 PM

What I believe here - not just waiting matters, but more exploring. For example, talking about me, I am not just focusing on one or another new product, but choosing the industry and start exploring. So basically, with such an approach I can get deeper into the market. And these days there is a strong product on almost any market

And what markets are you now following from the growing ones? Probably even any solutions you can recommend? Cause I am not an expert, so would definitely be interested to talk to experienced person here

volport

newbie

Activity: 70

Merit: 0

What I believe here - not just waiting matters, but more exploring. For example, talking about me, I am not just focusing on one or another new product, but choosing the industry and start exploring. So basically, with such an approach I can get deeper into the market. And these days there is a strong product on almost any market

Ridwan.P

full member

Activity: 411

Merit: 101

13 Months ago, indeed, almost all altcoin prices were high. You are not wrong if you buy at that time, because indeed almost all projects are in good condition or provide hope in the future. However, you can take lessons if you want to hold a coin in the long-term, it's better to always pay attention to the price of the coin.

I am more interested in trading short-term than long-term if for coins or bounty tokens. Except for altcoin which is often traded by many people, it is better in the long-term.

ven7net

full member

Activity: 1946

Merit: 112

Quote from: bobelr on October 17, 2019, 08:24:45 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.

I also owned SNTR, but I could make money on it. As for the cryptocurrency profit strategy, there may be different opinions and directions. Personally, I know for sure that in order to get the correct information about the success and failure of a cryptocurrency, you need to follow the official information from admins. I also did this with SNTR, I remember how they did not have their first ICO and they suggested that investors either pick up their money or wait for a restart. Many took the money, and some like me stayed and were able to sell tokens after when he went public. But for this it was necessary to follow the information from the admins.

uray

hero member

Activity: 1400

Merit: 505

Quote from: restuibu on January 04, 2020, 04:10:50 PM

it all depends on the coin you choose if it does have very good potential then hold it for the long term but I personally prefer to trade daily. even though it has only small profit but it continues every day, at least I get $ 10 - $ 20 every day Wink

The main priority is the expertise in trading, if you are really aware of the market movement then you can make the profit you are looking for if you are an expert in a field and if you are not an expert then long term is the best way to proceed with things, it is difficult to access all the data in the crypto market as it is relativity new than the rest of the market and hence to be an expert it is an hurdle for common people who are not having a base in mathematics.

WalkerIVIV

hero member

Activity: 2436

Merit: 503

Cryptocasino.com

Quote from: FLHippy on January 06, 2020, 02:06:45 PM

Holders are the most profitable in the long term because they are not risking anything. But some traders are good and they can profit on trades between alts and BTC with the goal to gain more Bitcoins even the value of each coin drops.

Are you sure about that? it seems like that is not true right now. The long term holders will be very profitable when they are on the bullish trend of crypto but when they are on the bearish market and so many long term holders will be feeling frustation caused by they were doing nothing but their portfolios were getting dumped to the bottom.
it's not true if long term holders is very profitable.

Leah38

full member

Activity: 1078

Merit: 102

I would choose day trading. You can get more profits that way than holding tokens that anytime, value goes down. I would still hold btc and ETH coz I'm confident that their value will recover.

radjie

sr. member

Activity: 1792

Merit: 264

Quote from: ?? on ??

In reality, day trading is much more lucrative than long-term holding. If one is waiting for long-term cryptocurrency returns, considering the current market situation, it could take a much longer time. Knowing the right tokens to sell is the main challenge with day trading. Because of their volatility ratio within a short time, some tokens are better to be traded daily or in the short term.

I think this does not apply to all types of coins, there are some people who prefer daily trading to be able to get quick profits and of course the types of coins traded are coins that have high trading volume so that the price movement is very fluctuating

qiwoman2

legendary

Activity: 2114

Merit: 1023

Oikos.cash | Decentralized Finance on Tron

I am doing both right now, both holding and growing Bitcoin and stablecoins through trading profits. I also am growing one bag as I am trading it of a coin that I want to get to a decent level of. So am holding three coins and taking profits as well to put in Bitcoin and Stablecoins. This is my plan for 2020, to try to raise my capital at least by five times, then I will have some skin in the game, as I did in 2017. I hope to at least get back one-fifth of what I lost in the last bear market, then I will be content and rest.

Firefoxx

copper member

Activity: 280

Merit: 5

I have been a fan of day trading right from onset and do not appreciate long term holding but people still do things for Thier own choice though.

gedarchitect

newbie

Activity: 28

Merit: 1

I prefer DAY Trading because i am not a good holder and i easily get attached to a coin so i prefer DAY TRADing and reading chart with good technical analysis.

FLHippy

full member

Activity: 784

Merit: 101

Holders are the most profitable in the long term because they are not risking anything. But some traders are good and they can profit on trades between alts and BTC with the goal to gain more Bitcoins even the value of each coin drops.

SolarWindMiningCompany

hero member

Activity: 966

Merit: 502

Quote from: EdwardBrooke on January 04, 2020, 04:44:11 PM

I prefer day trading over long term

You must have a large heart to accommodate those blood racing moments in trading. The crypto industry is too volatile for the Weak. That's why alot of practice and patience is required. I prefer strategic investment to trading at the moment because of my busy offline schedule nowadays

kodtycoon

legendary

Activity: 1568

Merit: 1002

doing both must also consider the time we have, especially about day trading because even if you work at a computer and stay up there during the daytime it doesn't guarantee that you will be able to do day trading. so the main thing that we need to pay attention to is time and of course about skills, if you are not good at doing TA then in reality we will only do long-term hold and that has become a common choice

ittunes

jr. member

Activity: 48

Merit: 1

As a trader or crypto enthusiast,it is necessary to know the kind of strategy one should be using when it comes to Cryptocurrency. For me I prefer long term hodl due to many reasons, amongst the reason is the inability to check trends or chart every minutes, it's sucks!!. I also work so it's not easy for me to keep track of both so I prefer buying potential coins and holding for so many days or weeks or month

Nolimitz84

sr. member

Activity: 980

Merit: 252

Quote from: bobelr on October 17, 2019, 08:24:45 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.

As I understand it, it’s about which coin is better to buy and hold for a long time?In this case, I would recommend that you choose either more assets for investment or simply change the scope of activity for further earnings.Just not always hodl can bring profit.

Ezravdb

hero member

Activity: 1680

Merit: 506

Trphy.io

Quote from: restuibu on January 04, 2020, 04:10:50 PM

it all depends on the coin you choose if it does have very good potential then hold it for the long term but I personally prefer to trade daily. even though it has only small profit but it continues every day, at least I get $ 10 - $ 20 every day Wink

I agree with your opinion, in determining trading options there are a number of important points that must be known such as future project directions and their roadmap. I currently choose to trade long term because I believe that the coins that I hold will provide huge benefits when they launch several updates on their platform.

EdwardBrooke

newbie

Activity: 19

Merit: 0

I prefer day trading over long term

Topic: Day Trading or Long-term Hodl? - page 8. (Read 5315 times)