Topic: do you day trade or prefer a long term hold? - page 3. (Read 4234 times)
Long term is always better when you have a good entry. Crypto prices are unstable, so I prefer to hold coins before my preferred price of trade comes. And day trade needs more time more attention more strategy before investing for short trade.
in my opinion better to hold all coins! It is hard to define quality of each coin so I adhere to those coins which do for you worthy, and then you hold them and hold until he becomes high again. and its happened because most project pump his coin!
I prefer long-term investment. The main income is given only by it. Trading is very similar to roulette. The only moments when you can trade it on large market corrections. Real assets become cheaper and if you have money you can buy them.
For me its better to gold your altcoin ar any coin as a long term investment even it was a risk but in this kind of investment you can gain more profit if your target price will happen.
I prefer long-term investment. The main income is given only by it. Trading is very similar to roulette. The only moments when you can trade it on large market corrections. Real assets become cheaper and if you have money you can buy them.
I believe more in holding for term rather than day trading,there is less chances for losses.Although you may have to wait for a long time to reap your reward.Just pick a good coin and wait.No technical analysis
long term holds are much more secure and will be better for a newbie. While you will be learning more and more details about short-term trading, your money will be working hard.
I prefer to hold my coins for long term benefits and for that we must be patient. It's a good project to take a long time to mature and can benefit from it all and eventually we ourselves feel it ...
it is less nerves with long-term investments: you invested and keep to the last. although this is also a risk, so you always need to think several times and weigh the pros and cons ...
I prefer to keep coins because it gives me a big profit (depending on the coin).
In day trading, investors should monitor the market on time, buy/sell coins on time, profits may be less.
In day trading, investors should monitor the market on time, buy/sell coins on time, profits may be less.
This is not a selling period for me personally because the market is still very much in recovery mode, so why selling? I will prefer to lookout for undervalue alts for more investment.
Hold and buy more!
Hold and buy more!
long term holds are much more secure and will be better for a newbie. While you will be learning more and more details about short-term trading, your money will be working hard.
I prefer to hold my coins for long term benefits and for that we must be patient. It's a good project to take a long time to mature and can benefit from it all and eventually we ourselves feel it ...
I prefee both of them, as they all profitable. Trading is fast money, but long term can make you rich after few years, if everything will be fine with the market
I think i just hold in long time.
Because im not to good in trading.
The first time i do trading i get a loss.
So i need to learn again how trade in right time.
Because im not to good in trading.
The first time i do trading i get a loss.
So i need to learn again how trade in right time.
Holding for a long time would give you huge profit however it's also a big risk because we cannot be sure about the up and down of coins' price in future. Daily trading could help you to earn a bit everyday but it will take your time looking at the chart of supply and demand. If you like to be challenged, long time holding will be a better choice.
I will decide whether to sell or continue to hold based on the market price of the currency I invest in. When the currency I invest in reaches the price I want, then I will choose to sell it. If not, then I will continue to hold it. I will not consider how much it will drop.
long term holds are much more secure and will be better for a newbie. While you will be learning more and more details about short-term trading, your money will be working hard.
It is good to be a long term holder in crypto. Day trader could mean you more expenses on transaction fee with an exchange and that will be a loss of profit in the process and you could get a loss some of your money if the crypto market is always rising and most of the investors are holding. Day trading is just a gamble when you trade now and the price will still goes high that could be a problem to buy again that crypto will more likely to have a loss of some of your money. Therefore holding for a long period of time or when the time is good to sell is a good actions to make in the cryptomarket exchange. Sometimes we could get wrong on our speculation and that is so hard to deal.
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
Everyday trading is to tedious task. I don't practice it. Since I have a job and cryptocurrencies just like hobby so I can not allow for myself to spend a lot of time on trading. I am just a crypto holder who wait for profits.
I am sure no one ignore the opportunity to earn profit up to 10% per day through day trading.
Just this ratio is enough to help you become the rich faster than work in your job normal
If we have skill on technical analysis, we can make profits daily. As we know, fluctuation on market very high and we can make profits from that fluctuation. Many my friends have income from daily trade but sometimes they make profits and sometimes they just wait more day to make profits.
But if we are investing for long term, we can ignore that high fluctuation
in cryptocurrency I see long term investments tend to be more profitable so far, because the value of some coins tends to increase every year, but it would be nice if we choose both, day trade and long term investment, especially if we have skills in trading, smart to read graphics and trends to daily trading.
I prefer long term hodling. But that's for me, I find day trading too stressful and time consuming, especially as a student.
I usually prefer long-term investments because it is difficult to predict the shortest amount of time because I am also increasing the time-giving gain in the project.
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