Topic: do you day trade or prefer a long term hold? - page 11. (Read 4281 times)
long term holding but be ready for any movement or news that could have an effect so you can try to profit.
I prefer long-term investment as a lot of altcoins right now offer tons of profits. If iu don't like to invest long-term on altcoins then there's bitcoin that offers huge potential abd bright future for long'term investrs than short-term ones. Moreover, day trading doesn"t do bitcoin any good but instead harms bitcoin's value and might evem become a cause of a price deceease if a lot of people does so.
When I first joined the password, I often traded, sometimes I traded every day. Then I knew that that wasn't the best way to do it. In the world of the cipher, the best way to do it is to hold it for a long time. Now I have rarely traded, and sometimes even months do not trade, and I focus my energy on my work. The password is just my interest.
Choose long-term Investing. Pick a few coins you believe are good long-term investments (based on your own research) and then choose an investing strategy. And remember that if you buy coins you believe will have long-term value, you should not worry when there are market crashes.
There is a much higher chance that you lose money trying to day trade than just holding for the long term.
Try both. Then if you are good at day or position trading, you'll have more to put in your long term investments and you could take some short term profits for whatever else as well.
I prefer long term as I am not good enough to trade daily, I tried to trade daily several months ago but I stopped after two weeks because it actually need a lot of time and effort to monitor the price and the profit doesn't worth the time spend on doing that. I know several people that earn a lot from daily trade but right now I prefer to hold long term.
I prefer to hodl all the coins that I have. It takes too much time and attention to trade.
I prefer to trade in the short term, because for me to trade in alt, very easy to get profit every day, because in view of bitcoin price every day higher, so we will get more profit.
Just curious. How did you gain control of this account? You are not the original owner of this account, Mr. Ethan Mckibben?
BTW, we also have your email address, VPN company, IP, and location, among other useful data.
in my opinion i prefer a long term hold because its most profitable than the day trade for me its proven the long term than the day trade
I've never been a trader for a day, because it's very difficult for me to succeed. That's why I really admire people who make money. This requires very sharp instincts, experience and vision. Since I do not have this qualification, I stick to my coins for a long time. Hodl.
For my preferences it's daytrade, you don't need to wait until moon comes on earth, just working and getting your 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
Thanks
long-term sir. Less headache and fewer chances of loss. GO long or you can divide your portfolio. 90% long and 20% day trade.
it's best to trade with the trend no matter how long or short it is. Holding long term makes no sense especially if you are holding a losing trade.
I do both. In Bitcoin, I do long term hold while if its altcoins then I do day trade though there are some altcoins that deserve to be hold in longterm but most of them you can do a day trade. You just need to distinguish it and do a little bit of research.
I have invested in different portfolio for long term and I think the best is to hold, but some times the returns will be high just sell off th hodlings and wait for time to invest at lower prices.
Mainly long-term retention. I have already learned a lot in trade, but this is not enough. Until I work out my strategy in it, I do not want to risk big money.
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
Of course, investing is much easier. You do not need to have any special knowledge for this. It's very simple. Another thing is daily trading. This is quite a difficult task. You need to be able to analyze the market and assume future fluctuations. But trading brings much more profit.Thanks
for the time being I use the long term because in the long run for now it is the best way for the current situation because almost all of the coin price is dropping at a very low price so by holding in the long run for now surely will give advantage because a when the price will definitely go back up
If you think only profit, it is almost impossible to extract it when you hold the coins. On the other hand, volatility allows you to successfully earn money in trading.
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