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Topic: Day trading VS long-term hodling (Read 411 times)

jr. member
Activity: 364
Merit: 6
June 28, 2018, 08:16:32 AM
#66
I think that it really depends on your abilities. If you know how to trade or if you want to know, then read articles and tips on how to do day-trading. But, if you want to hold for the long-term, then be aware of the market status.

I really want to know how to do day-trading, but my school works doesn't allow me. But, if I have the time, I would learn how to.
newbie
Activity: 196
Merit: 0
June 28, 2018, 08:09:15 AM
#65
The crypto was making money in the money market and in the years when we went through the daily trade in Altcoins. The depreciation of the crypto parallels this situation in the exact opposite direction. We have no choice but to buy and wait.
newbie
Activity: 84
Merit: 0
May 18, 2018, 05:33:36 AM
#64
I think it depends on the market. And If you have a lot of experience in trading and you have to do day trading to maximize your profit but if you do not know anything about it and then the long term should be the best choice for you. But you must remember also if day trading will be a very high risk as you can lose all your profits in just a few seconds. so you should be more careful in trading.
member
Activity: 323
Merit: 10
May 17, 2018, 09:39:18 PM
#63
Long term holding is better. so you can not focus on any aspect of the crytoe. but it's also a day trading because it's good for those who want to earn quick money. Unlike in the long term just wait before sales. Smiley Smiley Smiley
sr. member
Activity: 826
Merit: 250
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May 17, 2018, 09:37:07 PM
#62
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?



in my opinion, for a trading day, it is a way to gain profit in the short term. while to hold is a way to gain long-term sustainability.
so for myself prefer to profit in the long run. because at the moment I see trading days still generate small profits. so I do not want to make a small profit.
member
Activity: 210
Merit: 10
May 17, 2018, 09:33:43 PM
#61
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?



I think the best choice for the newbie is long term holding. It will give them enough time to get enough experience in the market. And avoid losing too much money at one time.

Long term for newbie traders can be so hard when they're not earning quick profit, but I don't trust day trading because sometimes it won't give us good results when you seen the price dip so much. That's right we may be able to gain good experiences from time to time although its hard to control ourselves of not dumping our coins while the price wasn't sure to increase its value.
full member
Activity: 280
Merit: 100
May 17, 2018, 09:32:08 PM
#60
I suggest to do both of them. my strategy is to do trading to increase my coin holdings preparing for a long term hold. But if you're not that good in trading. Its safer to just hodl
newbie
Activity: 196
Merit: 0
May 17, 2018, 09:29:27 PM
#59
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?




I think it's better long-term compared to short-term but many people are choosing short-term trades to quickly earn profits because at this time altcoin is in recovery hence many people are waiting for stable prices
hero member
Activity: 994
Merit: 513
May 17, 2018, 08:39:14 PM
#58
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?




I think a lot of times, people dismiss the fact that there are very different styles of trading. There isn't really a right or wrong, just different methods. This is true for almost everything regarding trading; some prefer daytrading, others swingstrading, scalping, buy and hodl and so on.

It's also true for your funds allocation and risk management. Do you prefer to trade 10 coins and go for some 2x-5x gains here and there, or do you want to chase the big gainers, by trading 50+ coins, on the hunt for that elusive 100x gain?

However, there is such a thing as taxes, and it may well be that a trade is a taxable event in you jurisdiction, which means, unless you are a trading god, daytrading is probably off the table for that reason alone…
member
Activity: 308
Merit: 10
May 17, 2018, 08:30:57 PM
#57
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?



I think the best choice for the newbie is long term holding. It will give them enough time to get enough experience in the market. And avoid losing too much money at one time.
full member
Activity: 532
Merit: 132
May 17, 2018, 08:20:24 PM
#56
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?



On maximazing the profit, i would go on Hodling. If your a beginner and lacks the knowledge at the moment its better to study trading (while hodling at the same time). This could give a potential for you to learn that what you are hodling's future and also how the market go, while hodling. But if you insist, my advice would take a half of you are hodling and step into the trade study what token you prefer, its factors.
And besides you woudlt know if you woudlnt try.
member
Activity: 648
Merit: 10
May 17, 2018, 08:09:15 PM
#55
Day trading is not easy to do, where we have to check which one the altcoin have potential to take profit by trade day or short time trade. We have really hard work to know which one is the best altcoin to make trade in short time. But is funny trade where we could take much profit with short time, by the way long trade is more boring for waiting to take the profit but we can got much profit with long trade.
newbie
Activity: 73
Merit: 0
May 17, 2018, 08:08:32 PM
#54
day trading caused me to lose more than 10% of my assets . it has put me under great pressure . my strategy now is to hold good coins for a long time . don't worry about its short-term price . i enjoy it now .
sr. member
Activity: 805
Merit: 250
May 17, 2018, 07:55:12 PM
#53
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?


Day trading is just applicable to those people that a have already huge knowledge in crypto and knows how it works. If you are just new in crypto, holding is the best thing to do and take time to study on trading before making a steps on that.
jr. member
Activity: 252
Merit: 4
May 17, 2018, 07:54:57 PM
#52
if you have time and you are a skilled trader, then day trading can be very profitable.. otherwise just buy and hold....
legendary
Activity: 1424
Merit: 1008
May 17, 2018, 07:53:46 PM
#51
My best advice to you that you have to go with long term holding then surely you we get a good profits from that i am already have some good experiences for long term holding  and i got the profits 100x and more so go for long term.
member
Activity: 350
Merit: 41
May 17, 2018, 07:46:16 PM
#50
I tend to only use day trading to build up my long term holdings, basically when one of my coins experiences a big jump. If you can catch them when they rapidly move up by a large percentage, it normally makes sense to sell off at least a portion and try and jump back in again when it (normally) drops. If you plan to hold them long term anyway, it doesn't really matter too much if it drops below what you bought in again at, as long as you've increased your overall holding. Regular day trading has a lot more risk involved than that though, I'm still not confident enough to dip in and out that much.
newbie
Activity: 84
Merit: 0
May 17, 2018, 07:45:12 PM
#49
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?


I believe that HODL is the best strategy for newbie. Daily trading is a science. First of all, you need to learn how to do it right, so that you do not lose your money. Therefore, I believe that 70% should be for HODL. 30%- the practice of day trading.
hero member
Activity: 2366
Merit: 504
May 17, 2018, 07:43:58 PM
#48
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?




I am also new for this, I would like to ask what is good for me in terms of trading. Please give me an idea what to do and a hint for me to be guided as well. I am new in cryptocurrency trading I am open minded and willing to know what would be the best either day trading or holding for long time. Your suggestion is very well appreciated. Thank you .

Do you have any idea about trading? If you know nothing right now better to invest long term and if you still want to become a trader try to study about it while you are holding coins for long term. Don’t rush to make money, take it easy and profit will come to you in the right time just keep on working.
To be expert in TA and FA is a must before someone try to do a daily trade. The key is don't be a greedy person, I was doing daily trade and if I got around 10% from my initial trade amounts and then I just try to go out as fast as possible to avoid the volatility but this will be different if it can be done through the stable currency just like tether. daily trade is so risky for a newbie.
sr. member
Activity: 798
Merit: 268
May 17, 2018, 07:35:43 PM
#47
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?




I am also new for this, I would like to ask what is good for me in terms of trading. Please give me an idea what to do and a hint for me to be guided as well. I am new in cryptocurrency trading I am open minded and willing to know what would be the best either day trading or holding for long time. Your suggestion is very well appreciated. Thank you .

Do you have any idea about trading? If you know nothing right now better to invest long term and if you still want to become a trader try to study about it while you are holding coins for long term. Don’t rush to make money, take it easy and profit will come to you in the right time just keep on working.
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