Daytrading vs Holding - page 10. | Bitcointalksearch.org

TheGreatPython

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Quote from: lepbagong on July 28, 2021, 04:23:30 AM

indeed many do not want to bother too much to watch the movements of each moment of the trade but there are also those who really enjoy it that way. everyone clearly has a different character and cannot be equated because everyone does it based on the experience they have and like.

but I agree with your opinion that I prefer not to worry about what will happen by holding on in the long term because we can be sure that it will always be profitable because there will always be renewable ATH and never will there be a decline.

but if anyone wants day trading, it's also not wrong as long as trading is actively, so that they can get the difference they are looking for, if currently experiencing a correction, of course, not much is expected.

I am exactly in the same boat, but for different reasons. Most of my money (nearly all) is in long term investment, I have nearly all my money in btc/eth/bnb right now, with very very small amount in 10-20 different things, I say 10-20 which is a lot of difference because there are like 3 above 100, and 6 above 50, and maybe 10 above 20 dollars, the other 10 is under 20 dollars and just totally nothing to me even though I have under 3k right now total.

With all that said, I still have about 100 bucks that I keep on trading, I like it and that is why I do it, think of it like gambling because at this point I do not see any difference between me trading and me gambling since I am that bad at trading, I got lucky this year because everything was going up, but normally I am very bad at it, which is why I do not trade too much, not because I do not like it, I would prefer to be trader if I could, but because I can't do it, hence why I am a long term investor.

South Park

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Quote from: DarkDays on July 28, 2021, 04:23:08 PM

Quote from: South Park on July 26, 2021, 03:30:47 PM

But you are only seeing the short term, day trading can only give small profits over the short term but when you accumulate the profits over the same period of time in which you were holding your coins then day trading comes up ahead, this may bring the question why then people prefer to hold instead of being day traders and make a fortune?

Not all markets permit day trading as such, alts tend to be more generous but BTC not so much. That is not to say that it's impossible. In addition, to the market conditions not many people have the time to watch the trends for day trading which is why they take the longer approach of holding.

Also, holding is much easier, doesn't take much effort and does not require market analysis, the opposite goes for day trading which is why there's a big gap between the two options.

This is true, not all markets are the same there are subtle differences among them, however if someone is willing to use leverage then almost any market becomes tradable, there is only one big problem and we know that when people use leverage they have the tendency to lose way more money than what they wanted because they are not prepared to use leverage trading as only experts know how to manage their leverage while still securing the capital.

checkmatesir

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As according to my opinion holding is best for those who have the quality and strategy to hold and they don't have so much daily expenses. Whether a person with much daily expenses can't hold. So, i think daytrading is much beneficial for the people who don't have much money.

kawetsriyanto

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Quote from: breathlessz on July 26, 2021, 12:45:14 AM

when the market is green, maybe this time there are many opportunities to make a profit.

Basically, both in red and green, we can have the opportunity to earn profits. However, in the green market, it can be easier to predict the price fluctuation on most crypto coins. Sure, there are more opportunities in the green market since the demands to buy are increasing signifincatly. So, most crypto price can increase fastly just in a short time daily.

Quote from: breathlessz on July 26, 2021, 12:45:14 AM

but this is also not as easy as we imagine, because I have to calculate the risk and reward, and still often touch the stop loss and end up not getting a profit.

Of course, the green market doesn't guarantee that you can earn profits. It is all about how your strategy and how well you set your target (profits or selling price). If you use a proper strategy and set the selling price wisely, you should take profits. Remember, don't be greedy!! Because greed can lose the opportunity to take profits.

Lanatsa

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Quote from: breathlessz on July 26, 2021, 12:45:14 AM

Quote from: Hippocrypto on July 25, 2021, 06:52:25 PM

Day trading has also an advantage during green market, you can play with buy and sell during fluctuations. Long term holding can be very rewarding if you're going to have the best coins in the market that potentially could provide us better future, by the time it obtains the highest profitable value in the market.
I couldn't choose any of them, because it's all by preferrence of anybody who choose which fits on their trading plans.

when the market is green, maybe this time there are many opportunities to make a profit. but this is also not as easy as we imagine, because I have to calculate the risk and reward, and still often touch the stop loss and end up not getting a profit. different from holding, where I just wait to see until I make a profit

Stop loss is just good for those who do actively or day trades but if you are a type of swing trader then it wouldn't really be just needed because price swings could easily trigger out those SL's which I don't

see for it to be worth because breaking even with those lose positions would really be hard.So if you are intending to hold for long term then better not to stress out yourself on this one.

Day trading isn't something for everyone and this is why some people do end up on holding just because they aren't really that risk taker on dealing with the market actively.

DarkDays

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Quote from: South Park on July 26, 2021, 03:30:47 PM

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Quote from: jerry0 on June 23, 2021, 04:59:54 PM

Okay so people keep saying holding is more important and things like its better because if you hold, you pay less in taxes because of long term capital gains as oppose to short term which makes sense.

However, what if the crypto or stock increases like 50% or even double in a few days time or weeks time etc? Yea so you are paying a lot in taxes if you trade... but if you wait for a year or longer, now you could have no gains or just 5% gain. Whereas you trade for a few days and make 50%... sure you pay a lot in short term capital gains... but if after a year, the gain is only 5%, well you made more trading than holding.

Thoughts on this for trading whether crypto or stocks? Doesn't it make a ton of sense to daytrade crypto since you could make a lot in roi where even if you daytrade, well paying the taxes in short term gains would earn you lot more money than holding it long term when the gains could be completely gone by then? Or if there are gains, well you might get just a 5% gain and long term and pay long term capital gains... but if its short term and 50% or even double that... well the amount you keep after taxes is much more than that 5% long term gain? Of course ideal situation is big percentage gain and long term gain but of course that is hard.

The best option here is to hold there is a big difference between holding and trading, in holding we can surely gain a big amount of profit while in day trading we can only gain a small amount depending on our capital. However there is no restriction so we can do both startegy trading and holding so that we can earn using both strategy for good.

But you are only seeing the short term, day trading can only give small profits over the short term but when you accumulate the profits over the same period of time in which you were holding your coins then day trading comes up ahead, this may bring the question why then people prefer to hold instead of being day traders and make a fortune?

Not all markets permit day trading as such, alts tend to be more generous but BTC not so much. That is not to say that it's impossible. In addition, to the market conditions not many people have the time to watch the trends for day trading which is why they take the longer approach of holding.

Also, holding is much easier, doesn't take much effort and does not require market analysis, the opposite goes for day trading which is why there's a big gap between the two options.

lepbagong

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Quote from: Benefactor on July 26, 2021, 02:59:18 AM

Market on the dynamic way where does essentially implies that you would require time and legitimate exertion for you to manage instability which it would require for you to go head to head toward the front of a PC and managing thing. They hold for reasons unknown and one is that to delay until the following Bullrun will come, it requires months or a long time contingent upon the circumstance. The beneficial thing about holding is less pressure for the holders, they simply sit and trust that the ideal time will sell and make a benefit from it.

indeed many do not want to bother too much to watch the movements of each moment of the trade but there are also those who really enjoy it that way. everyone clearly has a different character and cannot be equated because everyone does it based on the experience they have and like.

but I agree with your opinion that I prefer not to worry about what will happen by holding on in the long term because we can be sure that it will always be profitable because there will always be renewable ATH and never will there be a decline.

but if anyone wants day trading, it's also not wrong as long as trading is actively, so that they can get the difference they are looking for, if currently experiencing a correction, of course, not much is expected.

South Park

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Quote from: jerry0 on June 23, 2021, 04:59:54 PM

Okay so people keep saying holding is more important and things like its better because if you hold, you pay less in taxes because of long term capital gains as oppose to short term which makes sense.

However, what if the crypto or stock increases like 50% or even double in a few days time or weeks time etc? Yea so you are paying a lot in taxes if you trade... but if you wait for a year or longer, now you could have no gains or just 5% gain. Whereas you trade for a few days and make 50%... sure you pay a lot in short term capital gains... but if after a year, the gain is only 5%, well you made more trading than holding.

Thoughts on this for trading whether crypto or stocks? Doesn't it make a ton of sense to daytrade crypto since you could make a lot in roi where even if you daytrade, well paying the taxes in short term gains would earn you lot more money than holding it long term when the gains could be completely gone by then? Or if there are gains, well you might get just a 5% gain and long term and pay long term capital gains... but if its short term and 50% or even double that... well the amount you keep after taxes is much more than that 5% long term gain? Of course ideal situation is big percentage gain and long term gain but of course that is hard.

The best option here is to hold there is a big difference between holding and trading, in holding we can surely gain a big amount of profit while in day trading we can only gain a small amount depending on our capital. However there is no restriction so we can do both startegy trading and holding so that we can earn using both strategy for good.

But you are only seeing the short term, day trading can only give small profits over the short term but when you accumulate the profits over the same period of time in which you were holding your coins then day trading comes up ahead, this may bring the question why then people prefer to hold instead of being day traders and make a fortune? And this is because people cannot do it as day trading is incredibly hard and it requires a great deal of attention and time and many people do not have that and prefer to hold instead.

Benefactor

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Market on the dynamic way where does essentially implies that you would require time and legitimate exertion for you to manage instability which it would require for you to go head to head toward the front of a PC and managing thing. They hold for reasons unknown and one is that to delay until the following Bullrun will come, it requires months or a long time contingent upon the circumstance. The beneficial thing about holding is less pressure for the holders, they simply sit and trust that the ideal time will sell and make a benefit from it.

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Quote from: Hippocrypto on July 25, 2021, 06:52:25 PM

Day trading has also an advantage during green market, you can play with buy and sell during fluctuations. Long term holding can be very rewarding if you're going to have the best coins in the market that potentially could provide us better future, by the time it obtains the highest profitable value in the market.
I couldn't choose any of them, because it's all by preferrence of anybody who choose which fits on their trading plans.

when the market is green, maybe this time there are many opportunities to make a profit. but this is also not as easy as we imagine, because I have to calculate the risk and reward, and still often touch the stop loss and end up not getting a profit. different from holding, where I just wait to see until I make a profit

Hippocrypto

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Day trading has also an advantage during green market, you can play with buy and sell during fluctuations. Long term holding can be very rewarding if you're going to have the best coins in the market that potentially could provide us better future, by the time it obtains the highest profitable value in the market.
I couldn't choose any of them, because it's all by preferrence of anybody who choose which fits on their trading plans.

blockman

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Quote from: ?? on ??

Day trading or holding has the same risk and can both get profit, for day trading it requires more knowledge and deeper skills, because it regulates financial patterns in trading. while for holding only need to hold and save until the price is high. so it's a choice based on one's ability

It is easy and most common choice to hold if you don't want to do that much activity in your day to day living. Day traders rely on that activity and you're required to have a good amount for your capital that you shall roll as you continue to trade from day to day.
In holding, yes, that's easy and you need to wait until the price is high and you're not needing to be the same as day trading's activeness because you're only waiting and it's like a waiting game and whoever is the most patient and wise in choosing the selling price always get a good profit.

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Quote from: Ultegra134 on July 25, 2021, 05:46:36 AM

Quote from: ScamViruS on July 22, 2021, 03:12:26 PM

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Day trading or holding has the same risk and can both get profit, for day trading it requires more knowledge and deeper skills, because it regulates financial patterns in trading. while for holding only need to hold and save until the price is high. so it's a choice based on one's ability

You are right. Day trading is actually very dangerous if the trader has little knowledge about trading. In most cases, the main attraction of new traders is day trading but most of the traders lose their capital by doing day trading. So you must have the ability to do market analysis before doing day trading. And you have to be careful enough to hold any coin, there is a possibility of profit if you hold potential coins by doing proper research.

Day trading is risky in terms of user mistake, it's easy to fail at trading, one wrong move, and you could easily end up losing your money. However, I don't see why holding isn't risky, it's unpredictable, while you could easily wait many years (See Bitcoin), for the price to rise. On the other hand, with trading you can earn despite the price being lower than the anticipated.

I have experienced both. Have done a wrong move with wrong prediction. And missed to earn profits by not selling when the coin i held was on its uptrend. Market can move at any direction at any time. Be up to date on the coin where invested. Keep watching the trend's move, so that can avoid loosing profits. Experience will strengthen oneself.

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Quote from: ScamViruS on July 22, 2021, 03:12:26 PM

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Day trading or holding has the same risk and can both get profit, for day trading it requires more knowledge and deeper skills, because it regulates financial patterns in trading. while for holding only need to hold and save until the price is high. so it's a choice based on one's ability

You are right. Day trading is actually very dangerous if the trader has little knowledge about trading. In most cases, the main attraction of new traders is day trading but most of the traders lose their capital by doing day trading. So you must have the ability to do market analysis before doing day trading. And you have to be careful enough to hold any coin, there is a possibility of profit if you hold potential coins by doing proper research.

Day trading is risky in terms of user mistake, it's easy to fail at trading, one wrong move, and you could easily end up losing your money. However, I don't see why holding isn't risky, it's unpredictable, while you could easily wait many years (See Bitcoin), for the price to rise. On the other hand, with trading you can earn despite the price being lower than the anticipated.

ScamViruS

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Quote from: ?? on ??

Day trading or holding has the same risk and can both get profit, for day trading it requires more knowledge and deeper skills, because it regulates financial patterns in trading. while for holding only need to hold and save until the price is high. so it's a choice based on one's ability

You are right. Day trading is actually very dangerous if the trader has little knowledge about trading. In most cases, the main attraction of new traders is day trading but most of the traders lose their capital by doing day trading. So you must have the ability to do market analysis before doing day trading. And you have to be careful enough to hold any coin, there is a possibility of profit if you hold potential coins by doing proper research.

South Park

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Quote from: Ryker1 on July 18, 2021, 03:59:16 PM

Quote from: seleme on July 18, 2021, 03:46:30 PM

Probably it depends on personal taste, the more you trade the easier it gets to feel the next market trend on smaller timeframes. Holders can make the same ROI in few months with the day trader who spend his time to analyze the market staring the screen for long hours. Focusing on the market and letting the market bring you whatever it can is easier for all types of traders.

Well, they are both the same that you can get ROI, but the difference is the time frame when you can get it. If you want to hurry to see your ROI, trading is the best part of you than investing and hold for a long time. They had always opposite reactions because trading is very risky while investing is less of a risk. However, there are too many people who like trading than investing even though they know that the risk to too high in trading as far as the ROI will potentially get if you are very lucky.

There is the possibility to have a positive ROI in both the difference strives that in trading you are taking a more active approach and the risks are higher but the potential ROI is higher as well, while if you choose to become an investor then your approach will be more passive, your risk will be lower and the ROI will be lower as well, which to pick? The one that fits you better as neither is easy, but the difficulty level of trading is quite high especially if you choose to become a day trader.

tbct_mt2

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Quote from: Mistafreeze on July 22, 2021, 05:46:19 AM

The risk that is involved in day trading and holding is different and need enough knowledge for one to day trade than to hold. A lot of trader had lose funds due to day trading because it requires consistent charting review in analysing the market to know the direction of trend.

For one to be a good day trader, there is need to be knowledgeable in both fundamental and Technical analysis. This help to predict future market movement by using both the information from the news and price action with indicators to analyze the market future movement. Most successful cryptocurrency trader have gone through this stages and had become a guru in market analysis because of their consistent in taking trades and executing it.

Life has more things to do and enjoy than only trading and keep your eyes on the screen.

Moreover, the chart of Bitcoin from coinmarketcap (see 7D time) with the fall and rally in last 7 days is very good example that hodling is better than trading.

Price falls and rallies, if you hodl, don't keep watching chart and screen every day, you would not panic selling. Then you will not lose your Bitcoin and price is still fine enough. 7 days ago and now, price is the same.

Trading with fearful is bad and only steal your capital and your Bitcoin.

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Day trading or holding has the same risk and can both get profit, for day trading it requires more knowledge and deeper skills, because it regulates financial patterns in trading. while for holding only need to hold and save until the price is high. so it's a choice based on one's ability

The risk that is involved in day trading and holding is different and need enough knowledge for one to day trade than to hold. A lot of trader had lose funds due to day trading because it requires consistent charting review in analysing the market to know the direction of trend.

For one to be a good day trader, there is need to be knowledgeable in both fundamental and Technical analysis. This help to predict future market movement by using both the information from the news and price action with indicators to analyze the market future movement. Most successful cryptocurrency trader have gone through this stages and had become a guru in market analysis because of their consistent in taking trades and executing it.

conected

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in my opinion if you have a lot of time to always see the price movements of cryptocurrencies at the exchange then you can apply short-term trading or day trading, but if you don't have much time to see cryptocurrency price movements at the exchange then you can apply trading long term by holding potential coins for a very long time.

- Flexible time can be a plus but you should also consider the details of our knowledge, quite a lot of people here have flexible time, even a lot of time each day to attack the market but instead of achieving positive results, scratches are a very negative result every day, a few scratches usually don't matter much but in the aggregate over a week or a month it would be a number worth considering. Straightforward, no knowledge and no confidence, hitting hard on persistence is better with holding

tbct_mt2

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Quote from: lightning0 on July 19, 2021, 09:50:18 PM

Daytime operation income is 50%, holding income is 5%. This is very likely to happen, and I call this kind of forecasted return a legend.

Trading is hard and very little traders can get success with trading. You must be an expert in trading to gain from your tradings. If you are not professional and experienced, disciplined, you will get loses.

Quote

The fact is that if we continue to trade, the return is indeed not as high as the long-term holding return. The trading turnover rate is generally 100%-200%, and there are often many wrong decisions in such frequent operations.

The more time you spend to trade, the more faults you can make.

You should have a max hours each day you stay in front of the screen and look at chart.
You should have a max number of trade each day.

Win or lose, after you reach the max (hours, trades), that day is finished and you should do other things, stop trading.

Quote

So in my trading philosophy, I will choose 2-3 value coins and keep them, regardless of price or fluctuation, and put them in my wallet. After 2 years or longer, I will reconsider whether to continue holding. This is what many veterans told me about their experience.

What you do is HODLING, not Trading.

Topic: Daytrading vs Holding - page 10. (Read 3441 times)