Topic: do you day trade or prefer a long term hold? - page 27. (Read 4267 times)
Day trading is like hamburger! You want it right now and you get it right away! Holding is a little different, You have to prepare for it like thanksgiving turkey! Both the result and the outcome of both activities are different and sometimes coukd be wide apart.
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
when i got tokens i always sold it as the day i got it because i dont like storing my money for a long term but sometimes i do because the rate of the tokens is too low to trade Thanks
I prefer a long term hold because you can clearly see the profit with you from the moment you buy the tokens up to the day you sell it. So you could subtract and see the differrnce. However, day trading also could benefit you in profiting your investment. You only have to evaluate the coins price movement and then trade for it. Just dor example like you have token holdings which has higher price then you should trade that coin to lower price after seeing to it that the coin history is going up and not falling down so as not to compromise your coin holding value.
It depends on traders or investors. For long term trade, investors usually try to wait for the lowest price within several recent months to buy and hold. They hope big profit. In the meantime, short term traders will trade and expect small profit. They will choose day or weekly trade and of course they can get profit in a short time. As for me,I prefer short term trade because it is not risky .
If you were beginner in the world of cryptocurrenc, well I think you should need to get experience. And then think about the trade. Now you can buy coins, which choose yourself, which have good prospects. And I agree with the previous opinion that daily trading is not for everyone. Many even with experience do not want to be traders every day. It is quite difficult and time-consuming. So some of them want to trade and some of them want to hold. We cant determined what everyone wants because we have a different knowledge of this.
Holding is more profitable than trading. Speculations can give small money, when usefull technology can provide a million dollars for you
I prefer to hold a long term investing because it can be more profitable but it always depend on the strategy in picking good trades. In daily trading, you must have a good experience and should regularly do the task but if the market is stable then it is good to invest daily.
If I have enough knowledge in trading, I prefer to day trade because long term hold can't sustain my needs just in case I need money for emergency purposes.
Unlike day trade, I believe that it can give me atleast 10% return per day that I can use for my expenses
Unlike day trade, I believe that it can give me atleast 10% return per day that I can use for my expenses
Well, for me daily trading is very stressful and there is a lot of risk, and I think it is less profitable. I prefer to invest in the long term. I usually invest in those projects that I believe have a real practical application and a huge future, and that I think will provide good returns in the medium/long term.
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 tried 3 times to trade in the last months. Now holding heavy bags :-(.
For me it's definitely long term holding and not trading.
I prefer to have only good coins with great prospects for price growth, and hold them for a long time. I haven't sold yet.
As of now its to early to go on trading because the amount in my wallet is not enough , I prefer to just hold it for time until the time come it will be enough and I will try to engage in trading with my bitcoins in the near future.
The most promising coins I prefer to hold, so they will bring much more income. And with the help of more modest altcoins I earn, just sell them on the stock exchange.
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 give more preference to hold , but also trade in small quantities, trading always interesting)
I think I will stick to daily trading transaction instead of investing my money in a long-term investment because in daily trade I am secured that I already hold my earning unlike in long term trade I don't know what will happen in future because risk is always needed to be considered.
I think the long term is much more profitable than day trading. holding long term much more relaxed and will not take too much of your time because it does not always have to stare at the screen of your computer
In my own opinion if I get a token that has already a price in the market I will sell it or either I will trade it. But if the token or coins that I get have no price in the market I will surely hold it for a while and wait when it has a price in the exchange market.
i am kinda bad at day trading because i tend to follow my emotion that doing an analyze to the market. when you trading with your emotions, you tend to get poor result from it. so, i am prefer do the long term hold.
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 trade long term because it is more profitable. I prefer to hold while waiting for the market value to rise. It is hard for me to trade everyday due to my day job which requires a lot of time. But you may want to compare and do monitoring yourself also.
I'm new to crypto, so I prefer to keep altcoyins, that to engage in day trading requires certain knowledge and experience in the field of the crypto-currency market, I hope when I master this I will do day trading.
I dont do day trading because i am not comfortable doing it, and for me doing day trading is hard, so i preder for a long term hold, because it's much more easy and i prefer to hold for long time because i know that it may result a big money for me. Jump to: