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Topic: do you day trade or prefer a long term hold? - page 45. (Read 4281 times)

copper member
Activity: 224
Merit: 0
I prefer holding my coins than day trading, because i choose assets that can be blowed up to 50x in the long run.
member
Activity: 364
Merit: 10
I think daily trading is very difficult and and exhausting. You have to follow it all the time and always have to contemplate. It is also very risky at the same time. For this reason I prefer a long term hold.
full member
Activity: 238
Merit: 102
REVOLUTIONIZING THE TRAVEL INDUSTRY
With a so high volatility, that bring so many opportunities, it's a pity to hold for long term.
Eventually, hold part of capital, just to have a reserve, but use the rest to make profit daily.

Most people do this. But trading in a falling market is very risky. That's why beginners should refrain from trading atm. Hold is the best strategy in a falling market. Now even experienced traders took a vacation and temporarily stopped trading.

Crypto trading is indeed risky and I agree with the statement.
That's why the least thing we can do is holding whether short-term or long-term because everyone don't want to lose their Assets because we all got it by the hard way.
Buy Low, hold and sell high is an effective trading formula but does not work all the time. Sometimes they do work with luck with strong trading experience and skills.
full member
Activity: 238
Merit: 102
REVOLUTIONIZING THE TRAVEL INDUSTRY
I am doing both. there are some og my Crypto Assets that I really don't want to get on their place because they're my long-term investments. Those coin numbers are huge like 30k coins or more.
But some of my coins like hundred coin in my wallet, I usually sent them to coin exchanges and hit sell and buy buttons in order for them to grow and earn some earnings as well.
I do both, trading and holding long-term.
sr. member
Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
For me I do both of them I would buy some alt-coin for a long term hold,
And would get some to make a profit in just a short period of time ,
Sometimes I would buy a coin which is in the top 100 and try to make a profit from it even if it is just a small percent .
sr. member
Activity: 686
Merit: 277
Day trading while much more risky can lead to much greater returns. While a coin may grow over 100% in a few months let's say, it will have a cumulative volatility of much more than this amount.I am doing marginal trading when bitcoin's movements is predictable so i could have more bitcoin in my pocket.
Practically it will not that easy like how it sounds. Buying and selling at right price levels is not possible for any trader that is the reason many people are here suggesting to hold rather than going for trading. Only for highly intensive trader it will be possible to buy and sell at right price levels. If you are not good at trading then simply holding is highly recommended for making good profit for your investment but it will obviously take some time.
legendary
Activity: 1442
Merit: 1008
I am holding my 66€ worth of altcoins for a long time. I have been holding for 4 months now, but I plan to hold in the long term (3 years and such). I just want to live the crypto era that most likely will begin after 2020
It might sounds like a very little investment you have made but you know that crypto investment offers people a huge multiplier, why? It's because the power of decentralization. No one hold a big role , not like United States in conventional money who become super power. Long term holing would be worth as long as you do know potential of certain coins.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
With a so high volatility, that bring so many opportunities, it's a pity to hold for long term.
Eventually, hold part of capital, just to have a reserve, but use the rest to make profit daily.

Most people do this. But trading in a falling market is very risky. That's why beginners should refrain from trading atm. Hold is the best strategy in a falling market. Now even experienced traders took a vacation and temporarily stopped trading.
full member
Activity: 392
Merit: 100
I keep the coins. To trade, I need a lot of knowledge and time, I do not know how to trade.  I will lose more than I earn if I trade without knowledge.
sr. member
Activity: 980
Merit: 250
I am holding my 66€ worth of altcoins for a long time. I have been holding for 4 months now, but I plan to hold in the long term (3 years and such). I just want to live the crypto era that most likely will begin after 2020
good decision broh.and some money i put into some coins that i would not withdraw this for atleast one year.i hope in next year my coin could give me much profits.
newbie
Activity: 42
Merit: 0
Maximum of the day traders loose money  its always better to check levels and trade for short/medium or long term.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
Prefer long term hold just because my portfolio mainly consists of projects I think will increase exponentially in value
I agree with your approach. Your strategy should be chosen depending on the portfolio. If there are stable coins with huge capitalization, then there is no big volatility to wait and you can trade. If in a portfolio perspective coins, then they should be in hodl.
member
Activity: 350
Merit: 10
💲
I am holding my 66€ worth of altcoins for a long time. I have been holding for 4 months now, but I plan to hold in the long term (3 years and such). I just want to live the crypto era that most likely will begin after 2020
full member
Activity: 239
Merit: 100
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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 invested with a long duration, and some of my altcoin trades for daily profit. but not entirely, only altcoin has been developed and I have learned before
member
Activity: 196
Merit: 10
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 use different strategy for different coins because they may bring me more money with more taht one ways. THERE ARE REALLY SOME COINS THAT ARE SUITABLE FOR LONG TERM HOLDING AND OTHERS ATE FOR  short term holding.
sr. member
Activity: 602
Merit: 250
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’m more concerned with long term and hold without lose..when after buy the price going down i will hold till long time  Grin
my princip is hold till die is no problem than sell with losing my balance
newbie
Activity: 21
Merit: 0
Prefer long term hold just because my portfolio mainly consists of projects I think will increase exponentially in value
full member
Activity: 201
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
It depends on what coin you have and how much money do you want to get in the coins. So different ways may be ok for you to trade but be suitable for your coins.
legendary
Activity: 2212
Merit: 1008
It is best to do both.
Split your investment 50/50
Hold Half and Trade the Other Half
Holding can get boring but reaps the most rewards.


This recommendation is absolutely good, but it works only with very experienced traders, who can make a profitable day trade. I prefer choosing long-term investments that seem to me less risky ones.
newbie
Activity: 68
Merit: 0
My choice is HOLD!) Although many of me are not supported.
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