do you day trade or prefer a long term hold? - page 17.

Blas

full member

Activity: 490

Merit: 100

Quote from: Altcoindealer on April 04, 2018, 09:47:33 AM

Actually, i do not trade daily anymore. In the bearmarket its very hard to daytrade. So thats why im actually just holding my coin. Some of my coins get often pumped by pump and dump groups, and i could sell them and buy them later vor a cheaper price, but i dont do it, because its to risky for me. At this time, i think you have to be a very experienced daytrade with a lot of knowhow in chart technik to make good proift daily.

You are right to stay away of Pump and Dump.
But you are absolutely wrong about trading, because trading is profitable when there is a movement in the market either upwards or downwards. Bear market is not a problem for trading.

thorvald

sr. member

Activity: 388

Merit: 250

If you understand how to day trade, you can make a killing in crypto. However, most people don't have the time, knowledge or dedication to watch charts and make successful trades. You don't want to rely on a signal service either, as many of these are pumping their own coins to make a quick profit on their followers. I would suggest long term HODL for most people. Buy a solid project like NEO and see how it's doing in a couple years.

elwiswoodie

member

Activity: 378

Merit: 16

if you have confidence in a project development, I would rather suggest long term HODL
that way, your time will not be consumed to monitor a market that is always up and down
all you do is buy a coin, save for a few weeks or months, then sell it at market price
simple, time saving and very profitable

Zudalar

newbie

Activity: 90

Merit: 0

Quote from: Melnikof on April 04, 2018, 06:06:15 PM

Quote from: kipozer on February 22, 2018, 09:42:36 AM

I would rather prefer better long-term investments such as ICO than trading. Trading should be dealt with by a person who understands anything in this at least until I can tell you anything, because I just do not know how to trade

I will connect to the majority and tell that you better go and long term, that much safier than just trading for short time, but choose what you wanted to

It is his decision to have the coins just stored for a while or selling the coins asap. It's best that he holds.

Melnikof

member

Activity: 336

Merit: 12

Quote from: kipozer on February 22, 2018, 09:42:36 AM

I would rather prefer better long-term investments such as ICO than trading. Trading should be dealt with by a person who understands anything in this at least until I can tell you anything, because I just do not know how to trade

I will connect to the majority and tell that you better go and long term, that much safier than just trading for short time, but choose what you wanted to

VSOP_VSOP

full member

Activity: 280

Merit: 100

Quote from: kipozer on February 22, 2018, 09:42:36 AM

I would rather prefer better long-term investments such as ICO than trading. Trading should be dealt with by a person who understands anything in this at least until I can tell you anything, because I just do not know how to trade

I prefer short-term investments for daytrading because of more risks = more chances to earn money for short time

clavirda

member

Activity: 420

Merit: 10

Me and my team is using another tactic to get profit. Different coins for different investments, choose any and research what it is, research the exchange price history and etc..

Altcoindealer

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Actually, i do not trade daily anymore. In the bearmarket its very hard to daytrade. So thats why im actually just holding my coin. Some of my coins get often pumped by pump and dump groups, and i could sell them and buy them later vor a cheaper price, but i dont do it, because its to risky for me. At this time, i think you have to be a very experienced daytrade with a lot of knowhow in chart technik to make good proift daily.

cryptojac17

full member

Activity: 490

Merit: 107

Quote from: bhoybitcoin on April 04, 2018, 09:23:07 AM

Day trading is ok but I prefer the long term holding of my coins since I'm also working outside. I cannot take a look of my investments all the time and I also need to take a rest. So ups and downs of the prices, I don't worry too much.
[/quote
Yeah you are right today's scenario it is better for long term holding because the price is always going down than climbing up, holding in long term will be beneficial.

bhoybitcoin

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Activity: 336

Merit: 100

“Join The Blockchain Revolution In Logistics”

Day trading is ok but I prefer the long term holding of my coins since I'm also working outside. I cannot take a look of my investments all the time and I also need to take a rest. So ups and downs of the prices, I don't worry too much.

Redg85

jr. member

Activity: 258

Merit: 2

i prefer to hold good altcoins/tokens than trading them in market specially when the market in downfall. it's better to hold them than losing a sizable profit. hold them till the market booms.

Flickkk

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Activity: 434

Merit: 101

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Quote from: ursie on February 13, 2018, 04:07:56 PM

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

for me as long i am satisfy with what i will get when i sell my tokens .
because it is bad if you do sometimes a long term investment because you may regret if sometimes the coin wont recover

lider1971

sr. member

Activity: 574

Merit: 250

You can daytrade, ofcourse. But you have to be prepared to affor your money and lose many of them for that skill to be able understand something better

BlackWidow

sr. member

Activity: 658

Merit: 250

You can do both of them, and trade half your money for a day, other half use into long-term investments, and go and invest what you've earned from daytrade to your investments

Folajuwon56

copper member

Activity: 462

Merit: 1

I long time hold if the coin is not okay in the market at the moment. But I dump if it's okay

Tanzion27

jr. member

Activity: 252

Merit: 2

For me! Holding your coins is better! It's not easy to determine the quality of every coin, so for me stick to those coins that's make a worth for you then keep it and hold until it will get high again.

De_nis

full member

Activity: 560

Merit: 109

I try to connect both , trade and long-term investment, in this moment I hold more than I trade.
Regards Denis

Freezingel

sr. member

Activity: 574

Merit: 251

Quote from: ursie on February 13, 2018, 04:07:56 PM

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 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

themistocleess

jr. member

Activity: 392

Merit: 2

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Keeping in mind the current situation of the market, Just buying some good coins like ether btc and other with low prices as now and wait till it boost up again. and if you are holding some coins just wait before you sell it.

Stimah23

newbie

Activity: 186

Merit: 0

I prefer short term trading, this is a way for me to make quick profits, I buy and I quickly sell when the price is better, I like the idea because it's eliminate risk in long-term investing whereby you don't know what the future says. But it depends on your ownself Goal.

Topic: do you day trade or prefer a long term hold? - page 17. (Read 4234 times)