Topic: do you day trade or prefer a long term hold? - page 25. (Read 4235 times)
yes I often use the way of trading in the long run because for me by way of holding the coin in the long run is the best way to gain profit and that way also I think we are more relaxed, not in a hurry and we feel more calm than trading with daily way
I do both day trading and long term holding. If I have some spare money I do day trading to earn quick and fast profit even though it is not that big like holding for long term. But primarily I hold my important coins for future use and purposes specially when I need money or unexpected emergencies.
I do day trade, and yes I guess some investors or crypto users/hodlers will judge me for the seemed everyday stress that I'd acquire. To be honest, I love that strategy because it is consistent and less risky. I just need to set my limits to 5% or 10% of gains and then I'm good. Say, I have 1000 USD as my initial day trading capital and I'm getting a conservative 5% daily gain that is 1500 USD in a month. So yeah, I'd rather check my portfolio and play with those altcoins at least I'm getting a stable income.
It is better to hold because in trading most investors actually lose money. In a 6 month period of training 80% of day traders lost money. So if you understand simple mathematics, it is obviously better to hold and most people are not going to be top traders. In the world of cryptocurrency a lot of people don't even know what it is that they are doing when trading.
Yeah you're right, the safest strategy to gain more profit is to hold, because in trading you are not sure either you win or lose so if you want to win or gain profit, holding is the best strategy and safer.
Bitcoin obviously has achieved much better returns for investors in the past few years, but is extremely volatile. Volitility is not something most “buy and hold” investors want, and might cause them a lot of stress. Bitcoin can make 10% moves in a day, it can also drop 10% or more in the same time period. It might cause people who aren’t experienced investors to do something rash and panic sell.
It is better to hold because in trading most investors actually lose money. In a 6 month period of training 80% of day traders lost money. So if you understand simple mathematics, it is obviously better to hold and most people are not going to be top traders. In the world of cryptocurrency a lot of people don't even know what it is that they are doing when trading.
Yes I agree. When holding your crypto, you don't have to worry about missing out on any opportunities. You don't have to worry about being the guy who sells his ether after making a 70% return when you could have possibly held onto it and made even more money. Many people whoa re coming into the scene are not professional traders either and are going to lose a lot of their money due to their inexperience.
It is better to hold because in trading most investors actually lose money. In a 6 month period of training 80% of day traders lost money. So if you understand simple mathematics, it is obviously better to hold and most people are not going to be top traders. In the world of cryptocurrency a lot of people don't even know what it is that they are doing when trading.
There is no one singular strategy that can deliver profit for you in cryptocurrency, you have to have mixture of strategies and wit for you to make anything worthwhile. Both holding and trading is one of many strategy to employ in your cryptocurrency investment.
I prefer long term holding instead of trading because I have no free hours to spend it by trading. I tried to trade but I did it not so good and now I hold and take pert in bouty projects to earn extra tokens.
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
I prefer to choose long term holding instead of daily trading cause with long term holding I don't have to spend too much time in a day for it.
I have more free time to join bounty campaign in this forum to earn token and Bitcoin to get more money to pay for my living. Beside when I hold for long term, I don't feel panic when the price dump or pump everyday like daily trading
I chose investing for a long time, it takes a long time to trade every day, and most importantly-skill
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
I believe that a more adequate way to manage our cryptocurrencies in these times of uncertainty and bear markets is to hold a considerable proportion of our holdings as a long-term investment given the great potential of this market, but we should not miss the important wings that have been observing in the market during this period of uncertainty to increase our bitcoins through daily trading. In my case I prefer to hold 60% of my coins, and trade 40%.
I prefer to go for long term.I am not a trader but sometimes trading is good.In my opinion, time is the key.You give more time it will grow more. but if you know how and when to trade you can go for it.Many times trading is more profitable than long-term.But still its always better to go for long term.
I prefer to trade, because it is like a hobby, entertainment for me. But I like to trade altcoins but not BTC.
It really depends on the coins you have. Some coins are really worth holding for a long time and can have negligible effects in traded immediately, so with these coins I'd rather hold. But there are also a lot of coins that tends to be short lived, just pumping for a week, and very risky for long time investment. I've tried buying some and hours later sold and earned a good profit. The only problem now is which coin you should trade frequently or hold.
it is better to choose for the long term, for traders better view the coins or tokens owned and see the progress of the project on the token. to get a good accumulation on a token owned, with speculation tokens will be held or sold.
I prefer to invest in the long term. I usually select a series of projects that I like, study them in depth, and I invest in those that I believe have a real practical application, can have a huge future, and I think will provide good profits in the medium or long term. I don't like daily trading. I think it means a lot of risk (and more with the volatility of this market) and that in the long run is not so profitable. In addition, it can be very stressful and require a lot of dedication.
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
I think that holding long term is the best way. Day trading is risky. Grab good projects and invest on right time finding a dip of those projects.
Day trade is good for earning fast small profit while long term does gives you mich bigger and huge profit compare to day trading but as the name implies it will take you a while. Every now and then I do a little bit of day trading when I have some extra to spare and spend. But mostly I prefer long term, even though it may take a while to earn profit but the outcome is much bigger than the one with day trading.
for me it is better to do long term investment, less hassle and stress in checking and monitoring the fluctuation of prices.
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