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Topic: do you day trade or prefer a long term hold? - page 43. (Read 4281 times)

newbie
Activity: 66
Merit: 0
I prefer a long term hold Smiley
sr. member
Activity: 546
Merit: 250
If day trade you have to keep day trading
Once you stop your timing is all messed up
Hodl gives you a good high return when you want to cash out
full member
Activity: 266
Merit: 100
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 chose both trading daily and making long-term investments. Because I think both have advantages and disadvantages of each. So it would not hurt to do both things at once if giving advantage to us.
newbie
Activity: 77
Merit: 0
I trade every day, but I keep some coins in long
newbie
Activity: 88
Merit: 0
My Opinion is that long term holding is more beneficial then day to day trading. In my case long time holding has been always beneficial I have tried to do day to day trade a couple of times but always in vain and always have ended up in loss So i usually prefer to hold my coins for a long time.
member
Activity: 952
Merit: 41
Well it an individual decision because holding and trading has to do with your willingness to learn and take risks, in holding you need to be knowledge in cryptocurrencies and at the same time have patients to hold even if the price fall or down in the market price. And again in threading you have to take risk and know when to trade and be ready for the outcome either good or bad.
full member
Activity: 756
Merit: 102
I think long-term holding is more effective and easy. I prefer a long-term holding because daily trading requires some skills and experience to make a profit, but that depends on the market situation. I suggest you to choose a strategy that can make you comfortable whether it is daily trading or long-term holding.

Exactly because trading is not everyone's cup of tea so instead of trying hard to day trade just be a long term holder. In this way we can lessen our losses and we can focus on how we can grow our investment. However, doing long term holding also requires some basic knowledge from the coins that you'll hold as nobody wanted to keep stones rather than gold.
that is not true. Based on the latest statistics and surveys , there are still more people who constantly do trading (including day trading ) because they said that they can earn more with it. long term investment is also beneficial because your potential profit will be stacked up until your desired targeted amount. In my case i still do both trading and investing  , bitcoin is my long term investment tool and altcoins are my trading asset.
hero member
Activity: 1022
Merit: 503
I think long-term holding is more effective and easy. I prefer a long-term holding because daily trading requires some skills and experience to make a profit, but that depends on the market situation. I suggest you to choose a strategy that can make you comfortable whether it is daily trading or long-term holding.

Exactly because trading is not everyone's cup of tea so instead of trying hard to day trade just be a long term holder. In this way we can lessen our losses and we can focus on how we can grow our investment. However, doing long term holding also requires some basic knowledge from the coins that you'll hold as nobody wanted to keep stones rather than gold.
member
Activity: 420
Merit: 10
ENCRYBIT — FUTURE OF CRYPTOEXCHANGE
I prefer to exchange coins in the short term, and I more often see the movement of the exchange rate of the coin itself. why do I prefer short term? because to reduce the risk of loss even though there is no guarantee can profit continuously. because in these activities there are many risks and as we know that the exchange rate of coins always fluctuates over time. but there are some that I keep for the long term, of course, potential coins that I keep for the long term
member
Activity: 222
Merit: 11
Create Your Decentralized Life
I have day trading because I think with day trade we can make our asset keep spinning. But I have hold some ETH in my side. I think the day trading or long term trading is same. It's depend to use to choise what we wont. If you not have time to watch coin movement, the best choice is long term. For me a day trade give me some fun, especially when our analysis is have a little wrong and we stuck in some coin.
Day trading and holding will be same only when you are capable of making professional like trading. I mean to say if you are a professional trader then you can find more profits by simply holding any asset.

When you are choosing highly established coin then you can simply hold them otherwise you can trade them more effectively like you can be sure all the times your coin will bounce back whenever you find a downfall. Buying and selling at right opportunity will make more profits than holding.
Day trading is not an easier thing for anyone can do. Only if you are good at trading like predicting market directions then you can go for day trading. But holding for long period will be easier and comparatively it may produce more profits. But all the requirement of holding is, you must choose right coin to hold. Because there are a lot of shitty coins are available everywhere and if you choose one of them and holding them will never get you any differences in your financial system.
full member
Activity: 294
Merit: 100
Tokenize Fantasy Sports
I 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 like daily trading so 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 Smiley
full member
Activity: 182
Merit: 100
I think it would be wiser if you hodl your tokens for quite some time as it's cost might still increase. But of course, it depends on how you prefer to play it.
full member
Activity: 854
Merit: 102
MoonDeFi
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
Good night, the question is still interesting, I can tell you one thing, both options are acceptable because there are project tokens in which there is a big potential for growth, but after a while, and there are projects for which there is already a ready product, and accordingly the demand is still large and in such cases the price of the token is at the top, but remember the decision is always yours
member
Activity: 336
Merit: 10
I think long-term holding is more effective and easy. I prefer a long-term holding because daily trading requires some skills and experience to make a profit, but that depends on the market situation. I suggest you to choose a strategy that can make you comfortable whether it is daily trading or long-term holding.
newbie
Activity: 182
Merit: 0
Hello everyone! I'm for long-term retention. The method is good because it can bring high income in the long-term storage of currency. Moreover, it does not require constant monitoring of the market, allows you to save on transaction fees, as transactions are made very rarely: in other words, this is the most quiet style of trading.
The buy and hold strategy helps investors to participate in a dynamic market with minimal risk to their assets. The most important thing here is patience and struggle with the desire to earn fast and leave the VA — Bank.
member
Activity: 151
Merit: 12
Blockchain Identity Verification
I will invest my money to trade at present time so that I will earn profit  at  present.
This strategy is not for me, because I have a family and little free time to trade. I'm diligently studying the information on new promising altcoins and investing my money in them. Then a long term hold.
newbie
Activity: 57
Merit: 0
Really depends why I'm buying a coin.  If it's because i think it's going to do well long-term, then there's no point day trading it.  If I'm just trying to catch a quick move, then there is.
full member
Activity: 504
Merit: 131
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 am sitting close to one guy who is a big fan of Fibonacci as indicator but I have to be honest with myself, I am not good at trading. So my short term invest is restricted to ICO I participate in and fully or partly flip and the rest is search for good long term hold or low cap jewels.
jr. member
Activity: 392
Merit: 8
I will invest my money to trade at present time so that I will earn profit  at  present.
full member
Activity: 287
Merit: 100
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 used to trade every day. And it's profitable. But I was scared because I thought it was very unstable. Now I'm trying to profit from investment. Hopefully my long-term investments are successful. I hope the coins I invest in are priced up and will become popular coins.
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