Topic: do you day trade or prefer a long term hold? (Read 4231 times)
If you have the knowledge of day trading or you have the experience of two years then you can do day trading otherwise buy good coins and hold them for some time, you will get profit. It depends on your knowledge only.
I hold some trusted coins and sell the shitty ones quickly
If I reach my target profit for the day then I would just call it day trading otherwise I am a swing trader. There is not that much opportunity in the recent weeks because the price just kept on going down and even if there is a slight bounce, it is just small that it isn't even enough for the trading fee so might as well wait for a few weeks for it to go back up.
But i am think both are possible, the best way is to do what work for you as simple as that.
But i am think both are possible, the best way is to do what work for you as simple as that.
I prefer long term hold than day trading, WIth too much hype now a days i'll go with the safest trade. Long term position is most profitable than day trading. so Keep your precious coin when bitcoin pumps you should keep your alts and don't make a panic decision.
i see some of the advantages of it,
as it will be the ability to row and succeed in the long run.
No the other hand,
Day trading is much riskier if done correctly and smart enough can lead to high returns.
as it will be the ability to row and succeed in the long run.
No the other hand,
Day trading is much riskier if done correctly and smart enough can lead to high returns.
I prefer HODL!
I invested in Bank4YOU Group ICO. They have a good idea and strong team. I hope after big announcement price will go up!
I invested in Bank4YOU Group ICO. They have a good idea and strong team. I hope after big announcement price will go up!
When I began Cryptocurrency last year, I bought a good cryptocurrency like Ethereum, Waves. But when I went to Day Tradings and I lost that much valuable Cryptocurrency, I decided to invest Longterms.
It will depend on you if you'd want to become a day trader or a long term holder. Most of the profits are placed into long term holding since you need to trust the power or the potential of the coin .I prefer to trade 30/70, because the market has high volatility, it can rise and fall in just a few hours and leave 30% the coins for the future.
I prefer long-term investment because the main line of my activities is business, but I would like to learn how to trade because you can earn really big money 
Daily trading is very complicated and tedious. You must follow it all the time and always have to contemplate. This is also very risky at the same time. For this reason, I prefer long-term retention.
As for me I'm not an expert enough to do daytrading.
I actually don't consider it a good idea, I'm an ex gambler and I probably would lose it all if I started to trade regularly.
Patience is key anyways.
I actually don't consider it a good idea, I'm an ex gambler and I probably would lose it all if I started to trade regularly.
Patience is key anyways.
I am holding both two kind of these portfolio and I think it is the best. I can classify all my favourite coins into two group which is suitable for each time cycle that would give me the best profit.
So I'm slowly going into crypto and I want to know if any of you trade altcoins daily, or you prefer to hold it for long term? What do you think it's better and why?
Thanks
I prefer to invest on a long-term investment rather than on a day trade. Why, you ask? Because day trading hurts the value of the altcoin you invested on. Moreover, you could gain more profit in a long-term investment rather than a short-term one. And lastly, it would be a waste if you would miss a price increase when you stopped investing right? So I encourage everyone to long-term invest on the coins they bought.Thanks
I prefer long-term retention. I invested in Ethereum and I hope in two years it will increase in price several times
I prefer to hold it for a long time, because I am more suitable for long-term investment. The current currency that is suitable for long-term investment is, I think, Bitcoin and Ethereum.
As an investment, holding longterm is in my opinion the best
I prefer hold my coins for long time because all coins I have are from truly believed projects.
I prefer to invest in the short term, but not all COINS are worth holding, but I did study the COINS in my portfolio to decide whether to hold or trade.
I think I am a person with enough patience and good attitude. So I think both long-term and short-term investments are fine.
I think I am a person with enough patience and good attitude. So I think both long-term and short-term investments are fine.
I prefer to hold long-term on stable ones where prices don't swing, and short-term on less stable ones.
Only when you have the ability to trade professionally, if you are a professional trader, you can easily make a lot of money.
In general, the Ethereum and Ltc are selected for the liquid and versatile COINS. You can simply hold and earn more COINS each day by trading.
In general, the Ethereum and Ltc are selected for the liquid and versatile COINS. You can simply hold and earn more COINS each day by trading.
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