i trading alot coin , some of my coin have long term trading , like ltc,eth,dash,xmr,mnr etc.
because i see , these coin have a stable volume , and price and i believe these coin will good for long term investment , and for btc , i just do for day trade and take small profit everyday.
because btc price is fluctuate , and hard to predict in future , i just can make 1-2% profit if can and never hold for long term.
Topic: do you day trade or prefer a long term hold? - page 39. (Read 4281 times)
some of my altcoins trade every day. and for bitcoin and ethereum I remain as a long-term investment. the reason I trade altcoin with a short-term system is to earn a profit every day
I choose to hold the long term, because daily trading is more difficult to determine profits. The price of a coin / token does not always rise every day, so we can not make a profit every day 
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
Every one have a choice if what they gonna do in this site. Maybe they prefer a day trading or they only have a long term hold. For me, as a student i don't have enough time fpr trading because you need tp always update about the price and you need find a partner in your trade too. So o prefer long term hold. In this i just wait the right time and make a payout in this Thanks
In the long run you will be better off hodling. Day trading is for experienced folks who will be ok with losing some money. Plus, you will be losing your sleep and peace with day trading. If you still want to experiment then you can do a small test of putting a small amount of money that you will be fine if you lose it. If you day trade then you will most likely be betting on low market cap coins which are volatile But with low market cap coin comes greater risk of losing your money. But if you are buying for long term then you will be picking up established coins which have a proven record and are going to grow in the 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
I can't say exactly which method of investing I prefer as it all depends only on the crptocurrency and market situation. Thanks
I never tried trading in cryptocurrency yet because i can feel im not so familiar and good with it. So what i usually do is when the price is up i sell some of my coin if its low i just keep. I again wait if the price is going up thats the time i will sell. So i have this holding it a little while then sell a little at the right price but im not the typical type who can hold it very long period. Although i always keep portion of coins and sell some. I gained coins due to signature campaign.
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
Personally I do a mix of both worlds - directly and indirectly. I HODL for the long-term and day trade, but I don't handle the day trading myself. To get exposure to day trading, I buy into projects with experienced teams that specializes in day trading. This while I make use of crypto index funds to spread the risks. I also make sure I have a good mix of dividend tokens for a monthly income. Needless to say, I only touch tokens with long-term potential - meaning tokens that have the potential to survive long-term.
Hold bitcoin, but trade alts.
Anyone who holds alts is a fool - when it pumps and you are in profit, SELL! If you don't, you risk becoming a bag-holder.
If you do not have altcoins, then what will you sell? So altcoins also need to be kept. Therefore, there is not much difference between bitcoin and altcoins. The main thing to sell when it's profitable and keep in the times of correction. Anyone who holds alts is a fool - when it pumps and you are in profit, SELL! If you don't, you risk becoming a bag-holder.
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
Holding on long term is the best thing you can do. You make money and you don't stress at all. Day trading on the other hand involves higher risks and much more stress.
I prefer long term.
I do trades on a regular basis but not daily and also hold many coins/tokens as a long term investment. Day trading only is very difficult because sometimes the market is not in your favor and no money will be made if you do any trades during that period.
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 choose a long-term strategy. Trading now is very dangerous. The market is not predictable. Thanks
For successful trading it would be better to wait for a trend change when everything will grow.
I have two briefcases of coins. Long-term and short-term. I like to trade, so mostly these are short term coins.
At the time of i start invest in crypto i prefer to stay as a hodler. But sometimes i day trade with small amounts. But if you ask me what is the best strategy i think Hodl is a must.
I used to trade more, but when you do day trading it's hard to see the big picture. You may buy or sell way too early and miss bigger opportunities.
I do not really understand about cryptocurrency trading, so I do not know the advantages and disadvantages of day trade activity itself.
I'm still investing crypto in a simple way, buying at a low price, still holding the asset as a long-term investment and selling when the price goes high so it gives a good profit for me.
I'm still investing crypto in a simple way, buying at a low price, still holding the asset as a long-term investment and selling when the price goes high so it gives a good profit for me.
Hold bitcoin, but trade alts.
Anyone who holds alts is a fool - when it pumps and you are in profit, SELL! If you don't, you risk becoming a bag-holder.
Anyone who holds alts is a fool - when it pumps and you are in profit, SELL! If you don't, you risk becoming a bag-holder.
Long time hold and short term buy-sell this different ways to trading. I think you can choose that for you suitable. For example new perspective coins, tokens need long time holding, popular currency - short term.
I think trading works out better, you are likely to lose your bitcoin, but you are also likely to acquire more bitcoin, and thus benefit from an increase in bitcoin's prices, which seems more likely. In the long run, hodling may give you a return in fiat value as a result of a public increase in the crypto's perceived value, however, this is unlikely as confidence in alt-coins tends to grow more slowly than that of bitcoin.
I prefer to hold it for a long time. Because it's less stressful. I think the market is very fluctuating, so doing daily trading is more risky.
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