Topic: do you day trade or prefer a long term hold? - page 37. (Read 4281 times)
Market is extremely unstable and in my opinion currently the only efficient option is fast trading, otherwise you may have to wait too long and you'll get no guarantee to increase your investments...
Day trading will lose you money. Long term is less likely to lose you money provided you pick the right coins. Do you understand elliot wave, WXYZ patterns, flags, wedges, how to spot them, interpret them and extrapolate from it? If no, stay away from day trading.
I prefer HODL as I lost my few coins in day trade.
I prefer HODL as I lost my few coins in day trade.
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 do have long and short period of trades.
the advantage is you can hold long term on projects you believe in and you can scalp in day trading for your immediate need of money.
my portfolio is 60% on day trading and 40% on longterm hodlings.
I sometimes prefer long-term holding instead of day trading. As my account value is not very high and steady income possible only in the long term.
Also for day trade, you must be very active in crypto market and should be with enough research on the coins value to get the most deserving profits.
The market is too unpredictable. also I can say that than period shorter, the more then market is unpredictable. Therefore, I prefer to work long-term, in this case the chances of success are higher
Also for day trade, you must be very active in crypto market and should be with enough research on the coins value to get the most deserving profits.
The market is too unpredictable. also I can say that than period shorter, the more then market is unpredictable. Therefore, I prefer to work long-term, in this case the chances of success are higher
i prefer hodling for now since I just need to invest and leave my coins on there for a few months and probably check daily if they do profit...:=
I personally certainly see from the prospect of the coin. Suppose the coin is very good for the long term. I prefer long-term And if the coin's future prospects are not good. I prefer to sell it directly.
to be honest, I am not good at technical skills and i also do not have much time to follow the news. So, I choose some best coins for me and invest in them for few months. My portfolio now is MWAT, PKT, Swiggboss, BTC and IOTA
To my mind,I prefer long term, but if you want short-term trading we can do altcoin trading every day,
If the market is down and unstable we must be careful to bring good profits, but the risk is also good.
If the market is down and unstable we must be careful to bring good profits, but the risk is also good.
I also choose to prefer a long term as I experience it before selling it after a week it gave to you you won't feel the return of having a coin in your wallet without holding it for a months or a year to come that's why now I use to be careful of selling my coin after experiencing that case.
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'm trading it depends on the coin and depends on the market situation , Some coins do well on a long-term hold, also hodling some cryptocurrencies coming from airdrops which i believe a potential crypto that will burst in the future, but when the market started to decline or fail i will definitely do short tradings.
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
It will depend on you if you'd want to become a day trader or a long term holder. Most of the risks are placed into long term holding since you need to trust the power or the potential of the coin to move its price, to generate profit and make the waiting time worth it.
t like it because I don't have too much time and can't earn more profit
I think there is no very solid method for us to do the trading. It depends on the what coins you have nd how much money they can bring you and then you can choose the way to trade it.
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
It will depend on you if you'd want to become a day trader or a long term holder. Most of the risks are placed into long term holding since you need to trust the power or the potential of the coin to move its price, to generate profit and make the waiting time worth it.
I prefer to trade 50/50, because the market has high volatility, it can rise and fall in just a few hours and leave half the coins for the future.
I joined cryptocurrency market with holdings plan, maintained for long term investment and participated in learning ICO campaigns. Maybe it can not make a profit in a short time but that's my decision. Very complicated traders require a lot of experience.
For me im a short term trader i trade in every hour because i want a fast profit and i can handle the candle if it will dump or pump
sell or exchange altcoin we have with the condition of the price is down I think less good and better hold them in our wallet while waiting for the price back up and sell it to get the profit we want
I think both of them are really worth to do because they give you a lot of earning, but there are totally different because in trading you can immediately have earning while its value is rising, in holding you need to wait before you earn but possible in higher or lower in value because we dont know when it goes down or up.
For those new to investing and investing in the cryptocurrency market like mine, it is possible to make the most of long-term investment choices. Because of lack of experience and knowledge of cryptocurrency, trader is very risky. And the top choices are ETH and BTC. Depending on the funds and conditions of each person, we will plan effectively and scientifically.
It depends on the coin you are holding, look at whitepaper of that coin if the project seems good then it is better to hold. But if the projects do not seem profitable then just sell it off. As personal advice long-term holding is more profitable unless you are experienced in day trading and have enough time to keep your eyes on the news.
HODL and patience is a key to success in the crypto market.
HODL and patience is a key to success in the crypto market.
I do day trading 2-3 days a week and also work on a campaign. I personally, trade some coin and hodl some too.
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