Topic: Daytrading vs Holding - page 15. (Read 3376 times)
Day trading is only profitable when traders take it seriously and do their research.
Daytrading and HODLing both have their own pros and cons and to be honest for me at least HODLing has given me more gains than day trading.
Day trading is not for everybody because many people tend to lose money in day trading.
Although many other day traders get good gains, statistically, HODLing has shown to give out more returns.
This is why many people prefer HODLing.
Exactly and it depends on you which you are prefered about. If you want less risk you can choose to hold and wait for a perfect time frame upon selling your coins to gain profit while in day trading, this is considered as a gambling process, because it is very risky and it needs more skills and knowledge upon making such decision, it could be wipe out your whole fund in just an hour if you dont know which coin is good to pick.Day trading is not for everybody because many people tend to lose money in day trading.
Although many other day traders get good gains, statistically, HODLing has shown to give out more returns.
This is why many people prefer HODLing.
But both of them have different result and both have a different level of risk. You should know first which one you are sustainable on gaining profit.
Daytrading and HODLing both have their own pros and cons and to be honest for me at least HODLing has given me more gains than day trading.
Day trading is not for everybody because many people tend to lose money in day trading.
Although many other day traders get good gains, statistically, HODLing has shown to give out more returns.
This is why many people prefer HODLing.
Exactly and it depends on you which you are prefered about. If you want less risk you can choose to hold and wait for a perfect time frame upon selling your coins to gain profit while in day trading, this is considered as a gambling process, because it is very risky and it needs more skills and knowledge upon making such decision, it could be wipe out your whole fund in just an hour if you dont know which coin is good to pick.Day trading is not for everybody because many people tend to lose money in day trading.
Although many other day traders get good gains, statistically, HODLing has shown to give out more returns.
This is why many people prefer HODLing.
But both of them have different result and both have a different level of risk. You should know first which one you are sustainable on gaining profit.
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Day traders don't get the time for their family
Yeah it is true in most cases, the daily time frames have a better volatility compared to long term trades. The more volatility means more opportunities on the trending markets and you can easily catch small price movements in both flat&trending market patterns. The more you spend time reading news, charts and analysis the less time expected for family and close circles. The life of day trader is horrible from time perspective, otherwise it is really profitable to watch market closely and make decisions based on moments. The bad moments will cost big but the good decisions will be very rewarding. Day traders don't get the time for their family
You can lose a lot by day trading. If someone isn't good enough in technical analysis and have no great knowledge on day trading, they will surely end up losing huge sum.
Now, your point is paying taxes on capital gain. Well, you have great profit, more ROI, I don't see problem paying high taxes. But people who hold for long time, they are most likely not having more knowledge and/or they believe their holdings will be on better position than current.
I don't do trade a lot. I too prefer long time holding and I prefer holding because I have little knowledge on trading and I believe specially bitcoin will be in better position. I have sold my BTC few months back. If I have greater ROI, why should I be thinking of paying taxes. I have to pay that certainly at some point.
Now, your point is paying taxes on capital gain. Well, you have great profit, more ROI, I don't see problem paying high taxes. But people who hold for long time, they are most likely not having more knowledge and/or they believe their holdings will be on better position than current.
I don't do trade a lot. I too prefer long time holding and I prefer holding because I have little knowledge on trading and I believe specially bitcoin will be in better position. I have sold my BTC few months back. If I have greater ROI, why should I be thinking of paying taxes. I have to pay that certainly at some point.
Always make a trade where you are confident sometimes people are getting confused about where they trade. Some people say that stocks are good, some people say forex is better and some of them want cryptocurrency to just focus on one to avoid getting confused.
Also, it's not bad to make a trade for a hold and a day trade the difference is in holding always make a target price when you want to get a profit. In day trade always make know your goals unlike holding it's riskier because you are making a trade to volatile timeline unlike waiting for your take profit.
Also, it's not bad to make a trade for a hold and a day trade the difference is in holding always make a target price when you want to get a profit. In day trade always make know your goals unlike holding it's riskier because you are making a trade to volatile timeline unlike waiting for your take profit.
Daytrading and HODLing both have their own pros and cons and to be honest for me at least HODLing has given me more gains than day trading.
Day trading is not for everybody because many people tend to lose money in day trading.
Although many other day traders get good gains, statistically, HODLing has shown to give out more returns.
This is why many people prefer HODLing.
I think this depends on each individual. between trading and holding are both equally profitable, depending on how we respond to it. if we have good skills, then I think trading will be better, but there are also investors who do both, they are looking for short term and long term profits Day trading is not for everybody because many people tend to lose money in day trading.
Although many other day traders get good gains, statistically, HODLing has shown to give out more returns.
This is why many people prefer HODLing.
Daytrading and HODLing both have their own pros and cons and to be honest for me at least HODLing has given me more gains than day trading.
Day trading is not for everybody because many people tend to lose money in day trading.
Although many other day traders get good gains, statistically, HODLing has shown to give out more returns.
This is why many people prefer HODLing.
I think this depends on each individual. between trading and holding are both equally profitable, depending on how we respond to it. if we have good skills, then I think trading will be better, but there are also investors who do both, they are looking for short term and long term profits Day trading is not for everybody because many people tend to lose money in day trading.
Although many other day traders get good gains, statistically, HODLing has shown to give out more returns.
This is why many people prefer HODLing.
Daytrading and HODLing both have their own pros and cons and to be honest for me at least HODLing has given me more gains than day trading.
Day trading is not for everybody because many people tend to lose money in day trading.
Although many other day traders get good gains, statistically, HODLing has shown to give out more returns.
This is why many people prefer HODLing.
Day trading is not for everybody because many people tend to lose money in day trading.
Although many other day traders get good gains, statistically, HODLing has shown to give out more returns.
This is why many people prefer HODLing.
Things will depend on a person's skills and capability. He could do holding if he isn't able to do day trading or do both if he's skilled enough. Both have their risks but both could be profitable. As for me, it's still a good thing to learn about day trading while holding to take advantage of the market's volatility. It might take a long time to learn everything about trading but it's all worth it because it will be long-term benefits.
Holding potential coins when the price is low is the best method for those who do not have the ability to trade on a daily basis, or do not have the skills. As for daily trading on the platforms, it requires you to have good analytical skills, along with reliable sources, so you can be successful.
You also have to be active most of the time in the market to check different types of indicators that may affect the market. Such as news, bad and good, and other indicators that you may seem to be good at watching. Holding is easy for those who do have a lot of things to do. You just have to choose and buy those potential cryptos that you may find and think that suit your investing appetite. And when you're good to go, you need to wait until it goes into fruition and the price for those cryptos you're holding are going to pump. Usually, the best crypto to hold is none other than bitcoin. You'll never go wrong having it as the best choice to hodl. 
Quote from: Lakai01 link=topic=5345550.msg57305396#msg57305396 date=162450
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I now see it in exactly the same way. Trading is a lot of fun, at least in the beginning, but it can quickly turn into frustration if you make mistakes and have to watch your hard-earned BTC melt away.
Basically, this graphic sums it up very well here:
Source
As a Hodler, you simply go through life much more relaxed, but have less excitement.
Basically, this graphic sums it up very well here:
Source
As a Hodler, you simply go through life much more relaxed, but have less excitement.
This is a good summary of what holding and trading looks like.
Hoding just like it sounds is all about leaving a crypto coin after you bought it, for it gain value before selling it back to the market. Usually it takes longer time for this to be achieved with patience. Good profits can be made after months or years of holding it but the problems most investors do have is, the best time to dispose it. This is a big challenge that had put a lot of investors into frustration and headache cause the best time to sell a coin after gaining much profits is uncertain. One has to be conscious without being greedy to sell back to the market anytime the urge to sell comes up.
Trading is full of ups and downs, checking the market charts everytime to know when to buy or sell. Trading is hectic and precise with lots of decision making to analyze accurately the future trend of the market. Trading is difficult, as in very difficult when compared to holding. It requires a lot of knowledge about how a particular market works, and also good profits can be made daily, weekly or monthly if pricdictions are slightly accurate.
Day traders don't get the time for their family
I always prefer holding instead of day trading because there's an assurance to generate sustainable profit in long periods of time. Sometimes, day trading would tend to disappoint us when we lose during fluctuations. It's not good for those who had no proper experience in trading, so to make it safe to trade, lets make holding as good alternative.
Indeed, for daily trading I think it is much more risky and for beginners of course need to learn if you want to do day trading,talk about day trading and holding for me it can make all profit,
so it all depends on which one we prefer and for the long term of course holding is the right choice
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.
It is well known that trading as a strategy is more profitable than holding for the long term, those that prefer to hold are basically divided in two main categories, those that cannot trade and as such prefer to invest to earn money and those that simply do not have the time or do not want to bother with trading, investing can be very passive after you have done your due diligence but trading requires your attention all the time and despite the profits many are not ready to make that kind of commitment as they have another occupation which takes most of their time. 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.
I always prefer holding instead of day trading because there's an assurance to generate sustainable profit in long periods of time. Sometimes, day trading would tend to disappoint us when we lose during fluctuations. It's not good for those who had no proper experience in trading, so to make it safe to trade, lets make holding as good alternative.
Not every coin held is liable for good profit and so you have to perform due research on the coin to hodl, moreover, day trading requires studying of charts daily wich sometimes I don't think everyone loves that a lot, holding gives investors that free mind that no matter the time.
In general, choose the way you think and feel comfortable. But I suggest to everyone to have a try because that is the only way to find what is appropriate for us, can't tell that this is good and this is bad if we never give some try with them. But for me, I often hold than trading. I consider the limited time to spend it the market and face on the computer that is why trading isn't fit for me. I just do trading when I have free time but I think it was not enough if we wanted to earn more and the chance that we might lose our capital. So believe that HOLDing is good in my situation. Remember that short trade is also part of the system, there are experience traders who managed to create good system to keep gaining from this volatile industry.
This is exactly for those that had experience in day trading, no matter the condition of the market, they still uses the opportunity to get as much gain as they want, I will advise every investor to consider the best option for them, if day trading is convenient for them, then that's better.,if holding is appropriate, consider that.
Not every coin held is liable for good profit and so you have to perform due research on the coin to hodl, moreover, day trading requires studying of charts daily wich sometimes I don't think everyone loves that a lot, holding gives investors that free mind that no matter the time.
Daytrading has no business with holding or investing in a particular coin. They'll have different aims and patterns in making profits in the market with different levels of risks which are involved. Trading a particular coin requires higher risks than when compared to holding which can generate profits after a longer period of time. Trading generate immediate profits likewise loses too.Remember that short trade is also part of the system, there are experience traders who managed to create good system to keep gaining from this volatile industry.
This is exactly for those that had experience in day trading, no matter the condition of the market, they still uses the opportunity to get as much gain as they want, I will advise every investor to consider the best option for them, if day trading is convenient for them, then that's better.,if holding is appropriate, consider that.Daytrading is the act of buying and selling of a particular asset in order to make profit. This type of trading involves entering into a market either buying or selling for couples of hours inorder to make a significant profit. Trades do not exceed a day interval.
Holding just like investing in a particular coin requires patience and time in order to make significant profit. This involves buying a coin be it Bitcoin or altcoin, and leaving it for long interval for it to appreciate before selling it back to the market to make a significant profit. The type of coin that is being hold determine the profit one will make from it. Some altcoins can give more than 1000% interest of initial capital.
I read about a decade long study on brokerage accounts to determine who the best performing account managers were. Granted I am not sure how legit the study was or even if it was real, but I believe it... Anyway, the study showed how different types of investors fair against each other to determine who the best class of investor was...
In the study they found that the best performing brokerage accounts were as a group the accounts where the owners had passed away. The second best performing group, those who had forgotten about their brokerage accounts.
Make no mistake, there are bad day traders and lucky day traders. Good day traders don't exist. Trying to be one is like sticking an ice cream cone to your forehead and trying to be a unicorn.
In the study they found that the best performing brokerage accounts were as a group the accounts where the owners had passed away. The second best performing group, those who had forgotten about their brokerage accounts.
Make no mistake, there are bad day traders and lucky day traders. Good day traders don't exist. Trying to be one is like sticking an ice cream cone to your forehead and trying to be a unicorn.
Not every coin held is liable for good profit and so you have to perform due research on the coin to hodl, moreover, day trading requires studying of charts daily wich sometimes I don't think everyone loves that a lot, holding gives investors that free mind that no matter the time.
Remember that short trade is also part of the system, there are experience traders who managed to create good system to keep gaining from this volatile industry.
This is exactly for those that had experience in day trading, no matter the condition of the market, they still uses the opportunity to get as much gain as they want, I will advise every investor to consider the best option for them, if day trading is convenient for them, then that's better.,if holding is appropriate, consider that. Jump to: