Daytrading vs Holding - page 7. | Bitcointalksearch.org

South Park

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Quote from: elisabetheva on August 10, 2021, 04:18:08 AM

Quote from: lenovop-70 on August 10, 2021, 12:01:14 AM

Holding big coin like Bitcoin and Ethereum in long term is what you will choose if you cant read the candle, its still profitable.
Trade intraday too difficult, need much accuracy and a lot of experience on it. I am still learn myself to be daily trader, and i realized that is hard to do.

it is clear that for coins such as bitcoin and ethereum how long we hold it will always be profitable because the price of their coin can certainly create a renewable ATH price. so many are indeed long-term investments in bitcoin and ethereum, although nowadays day trading is also quite tempting if done well. but if the trading situation is active, it is clear that daily trading is very profitable because the price difference is quite good every hour / day.
so it just depends on where we are going to do it because if it's serious it's just as profitable,

At the end of the day everything is going to depend on how comfortable you feel with whatever strategy that you are using to make money, if you prefer to hold then that's great just make sure to avoid panic selling when the price begins to go down, and if you prefer to become a trader then just make sure that you understand all the risks that you incurred when becoming a trader in a market that is so volatile and that you do your best to stay away from coins that are not worth your time.

Shasha80

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Quote from: lepbagong on August 14, 2021, 10:35:42 AM

Quote from: john_nautica on August 14, 2021, 01:31:52 AM

If you are not a good trader and you have confidence on the coin you bought I think you should hold it if you are good at analyzing the market then you can try day trading if you managed to have good successful trades you will be earning good profit in the long run, another risk for holding is that you are not sure if in the future the coin you have bought will pump.

have to believe that for coins like bitcoin and ethereum or maybe BNB you can be sure the longer you will keep it the more it will reach the renewable price from when you last bought it. but for other altcoins it probably won't happen and don't try it for uncertain investments.

To do day trading, I agree with you, you have to really understand the movement and be smart in analyzing it because if you anticipate wrongly then day trading will be detrimental, besides being smart in analyzing and patient in action. if you want to be safe, it's better to invest in coins which will definitely be profitable in the future and will continue to increase.

Bitcoin, Ethereum and BNB have price movements that continue to increase, because it is a popular coins that has a high demand. Popular coins
are very suitable for holding in the long term, because the longer we HODL the higher the price. But if we want to do day trading, we can use
popular coins, but the risk of day trading is much higher. It's not as easy as holding which doesn't need to do anything, holding is just waiting
for the coin price to reach the target we want. While day trading usually has to monitor the market frequently and have good analytical skills.
Day trading must be able to take advantage of volatile crypto prices to take profit, but if the wrong decision is made day trading can make us
lose all the money we have. Knowing this, I prefer holding, which is safer to do and doesn't have to monitor the market every day.

lepbagong

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Quote from: john_nautica on August 14, 2021, 01:31:52 AM

If you are not a good trader and you have confidence on the coin you bought I think you should hold it if you are good at analyzing the market then you can try day trading if you managed to have good successful trades you will be earning good profit in the long run, another risk for holding is that you are not sure if in the future the coin you have bought will pump.

have to believe that for coins like bitcoin and ethereum or maybe BNB you can be sure the longer you will keep it the more it will reach the renewable price from when you last bought it. but for other altcoins it probably won't happen and don't try it for uncertain investments.

To do day trading, I agree with you, you have to really understand the movement and be smart in analyzing it because if you anticipate wrongly then day trading will be detrimental, besides being smart in analyzing and patient in action. if you want to be safe, it's better to invest in coins which will definitely be profitable in the future and will continue to increase.

Qirtov

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I think this depends on each person's needs. for those who have small capital and often meet impromptu needs so they are forced to sell coins at low prices and experience losses, it is better to do day trading so that there is income every day. however for those who have sufficient capital and are not affected by pressing economic needs they can choose to hold coins. actually holding coins is the best option and you shouldn't be trading using basic money because this is a risk in selling your coins later if the needs that must be met suddenly come when the market is down, as a result you inevitably have to sell coins in order to withdraw money.

john_nautica

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If you are not a good trader and you have confidence on the coin you bought I think you should hold it if you are good at analyzing the market then you can try day trading if you managed to have good successful trades you will be earning good profit in the long run, another risk for holding is that you are not sure if in the future the coin you have bought will pump.

OgNasty

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My personal opinion is that if you are daytrading crypto for any other reason than to harvest tax losses then you are only creating profits for the exchange and will likely end up missing out on the mother of all rallies while you try to capture small gains. Doing this will likely result in you being audited, or if the government changes the 30 day tax loss harvesting rules to include crypto, you could be looking at legal repercussions. In short, lots of people dream about making huge returns daytrading. However, of all those I've known who have traveled down this road, nothing but disappointment was ever reached.

Quidat

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Quote from: Helpme_please on August 13, 2021, 12:10:38 PM

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Quote from: Mamun74 on August 12, 2021, 06:10:10 AM

Daily trading vs Holding, I choose holding. I think, daily trading can't get more profit by daily but if you can buy Value coin and long term holding then you can get more found in future. Now Bitcoin and Ethereum are more valuable and rising coin in crypto market. You can buy those coin hold long time.So, I prefer to hold.

If you prefer holding doesn't necessarily mean one can't make reasonable profit from day trading. Good number of people are making profit from day trading on a daily basis and no one can dispute that fact dude. If is not good for you doesn't mean is not good for others that are doing well in day trading. Some people even do it as their only source of income and they are good at it. But for those who cannot be successful in day trading like yourself should just stick to buy and hold method.

in daily trading, a trader can spend all day in front of the market, because they always monitor market movements and wait for their analysis area to be picked up, even as soon as possible if they feel enough profit they will get out of the market. many strategies for reading the market they use, and everyone will be different in reading candles and applying the analysis. This is the opposite of holding, where investors have a lot of time to do other activities

Becoming a day active trader is something that do go full time on dealing with the market on where you would really be needing to check charts from time to time and it isnt really for everyone to deal off with.
You would need specific level of skills and knowledge to become one and not just diving in without proper knowledge and experience because once you do then you are just simply putting yourself into big risk
If you are in passion on dealing with active movement then its your choice but this is something you cant get nor familiarize in a short span of time.

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Quote from: zanezane on August 13, 2021, 02:05:22 PM

Some will say it's hodling but think about it, if you become proficient with trading, you can actually make more money out of your portfolio compared to just hodling since you are active but it's really difficult to be proficient to the point that you don't experience any losses.

Yeah, that's a fact in trading. But do you think that you'll be able to attain that profitability most of the time? as you've said if you're good but even those good traders, they're also having a bad day. It's your choice, if you're good at trading then use that skill that you have. You have learned from it and you invested your time to be a good one. In holding, you don't do a lot yet it's very rewarding. Both are good sources if you're good at it and both of them require a lot of patience. There are also that are both gifted, has a good trading capability and has a big portfolio on hold.

zanezane

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Some will say it's hodling but think about it, if you become proficient with trading, you can actually make more money out of your portfolio compared to just hodling since you are active but it's really difficult to be proficient to the point that you don't experience any losses.

Helpme_please

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Quote from: Mamun74 on August 12, 2021, 06:10:10 AM

Daily trading vs Holding, I choose holding. I think, daily trading can't get more profit by daily but if you can buy Value coin and long term holding then you can get more found in future. Now Bitcoin and Ethereum are more valuable and rising coin in crypto market. You can buy those coin hold long time.So, I prefer to hold.

If you prefer holding doesn't necessarily mean one can't make reasonable profit from day trading. Good number of people are making profit from day trading on a daily basis and no one can dispute that fact dude. If is not good for you doesn't mean is not good for others that are doing well in day trading. Some people even do it as their only source of income and they are good at it. But for those who cannot be successful in day trading like yourself should just stick to buy and hold method.

in daily trading, a trader can spend all day in front of the market, because they always monitor market movements and wait for their analysis area to be picked up, even as soon as possible if they feel enough profit they will get out of the market. many strategies for reading the market they use, and everyone will be different in reading candles and applying the analysis. This is the opposite of holding, where investors have a lot of time to do other activities

New.in.trading

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Intraday Trading is hard at times. I prefer the Daily timeframe for my entries. In case BTCUSD closes above the candle from Aug. 9th. then I will add to my HODL position. What do you think? See the Chart

Mamun74

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Daily trading vs Holding, I choose holding. I think, daily trading can't get more profit by daily but if you can buy Value coin and long term holding then you can get more found in future. Now Bitcoin and Ethereum are more valuable and rising coin in crypto market. You can buy those coin hold long time.So, I prefer to hold.

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daytrading is really tiring, many people will feel not suitable doing daytrading but holding is also for people with patience, but if im to choose maybe i prefer holding because its not as tiring as day trading and with holding you can also play nft games and earn from there. while daytrading will make you busy all day long, but day trading also can be really beneficial for people who are good at it and enjoyed it thats why many people keep continuing doing daytrading for profit.

not everyone can do dayly trading well, even I say maybe there are still many who are still learning here. it's different with holding, which many people probably do. but for those who want to get results every day then day trading is indeed the answer. Therefore we must continue to learn if we want to master it

Hobo66

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HODL is hard if you’re not making any real profit along the line playing slave to the market and therefore whales manipulations. Let’s have more progressive conversations. If you’re looking to earn some profit while you HODL then do some research on mining rigs, staking and crypto whales. It’s the game changer. I’m currently up 55k on my crypto portfolio just today

topbitcoin

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I am not say daytrading is bad but i'm not really into it. Sometimes i do future, but only in really small amount money like $10-$20. And for my main capital i do holding, usually really strong enough but mostly i sell before big pump because already happy to gain profit from in price what i bought, so both trading activity is good if you know how to maintain it.

New.in.trading

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As long as BtcUsd stays above 43.968 in the daily, I am still bullish. find my pov view as a chart here.

Anamika1000

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I can say that day trading will give you much benefit but you have to be stable in day trading because the more chances of profit in day trading there, then there will be more risks of losing. And as well as in holding there is less risks of losing and more opportunity to get profit. Now, it depends upon your daily needs.

Cherylstar86

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Holding is indeed far more profitable than trading because the level of risk is much lower, but trading promises much greater profits even though the risk is also large.
I think both are the same, if you want to hold a low level of risk and the possibility of getting a profit is also low. but if you choose to trade with a high level of risk, the chances of getting a profit are also high, it's very worth it in my opinion.

Indeed. Holding is the best way when you have a coins that is good for long term. Holding is more profitable than daytrading since the level of risk is much lower. Day trading and HODLing are some of the common ways most people use. They are not the same.
Daytrading requires a substantial amount of your time because you have to be very aware of news and happenings in the crypto space, and also price changes and that was very struggle. If you decide to hold, choose a coin that your comfortable with its functionality and the technology behind it. You can invest your prepared money without much regret if you lose it. Daytrading gives you high risk since it is daily basis while holding gives you less risk since you can evaluate and manage your risk to earn big amount of profit.

bandungan

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holding or daily trading both have their respective advantages. I think the most important thing is how we use the money pattern. trading or holding can be done simultaneously according to skill ability. but it's back to each choice

New.in.trading

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Holding BtcUsd is only profitable, if you started at the right time... Whoever bought at 54k will for sure not be on your side Cheesy

Topic: Daytrading vs Holding - page 7. (Read 3379 times)