Topic: Day trading VS long-term hodling - page 4. (Read 411 times)
If you do not have the experience and knowledge to trade, I recommend you to hold. After you have more confidence then practice trading with less capital then increase if good.
its actually depend on the market situation. my long-term hold can be a day trade if I see the market volatile. sometimes I will sell my long-term holdings when I see the market will go to bear runs and buyback again later.
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?
If you have a lot of experience in the trading and you shall do day trading to maximize your profit but if you have known nothing about that and then long-term should become the best choice for you. Remember this is crypto and daytrading will be involved very high risk just like you can lost all of your profit just in some seconds if you are walking at the wrong way and not secure your profit.
I personally prefer long-term holding to day trading, maybe because of my bad experience with day trading, I lost a lot of money in it. Day trading is complex and u can lose ur money faster.
I prefer long-term holding because of the high ROI it offers.
I prefer long-term holding because of the high ROI it offers.
Stepping int the market and starting with the trading would be really bad idea buddy! The trading doesn't come along the way but you have to learn it first and then keep learning more and more ahead. If you want to be successful in that then this is only option you have got.
So to get started I think I will choose HOLD for the people that has just landed in the crypto currency. Believe it or not, HODL would be best shot and it has always been like that only. Why go other way round and make it unprofitable if you can wait and earn twice you loose in day trade!
So to get started I think I will choose HOLD for the people that has just landed in the crypto currency. Believe it or not, HODL would be best shot and it has always been like that only. Why go other way round and make it unprofitable if you can wait and earn twice you loose in day trade!
For those who are new to cryptocurrency trading, what would be the best advice to maximize profits: day trading or hodling?
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