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Topic: do you day trade or prefer a long term hold? - page 47. (Read 4267 times)

hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
It depends on coins you have, and the experience you are going to use. If you are newbie it will be better for you to hold, and don't trade your last money, never. When you will get more experience and profit in some time, you may try one-day-trading, but only with that amount, you aren't feared to lose. May be this way is correct for you and a lot of people, but humans excitement makes a monkey from man.
We always had this reason that day trading or simply trading is risky so it is preferable to just hold your coin for a long term. But for me either holding or trading has their own risks that we might take so we should be available for that risks and take those because that's what make us a strong holder and wise trader of bitcoin.
full member
Activity: 332
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 personally think if investing with crypto should we invest long-term because the income or the outcome of the investment is much larger and profitable but all back to you in the strategy of virtual currency investing
full member
Activity: 201
Merit: 100
Majority of my holdings now are long term and thats not becuase i want to... The market is basically making me long term hold on certain coins. For example tokuguawa as almost y dollars a coin... Its now floating around 1 dollar... With me knowing that ita potential is 6 dollar i just cant seem to sell right now ita like a mind loss lol
newbie
Activity: 394
Merit: 0
I do like comrade wrote above!I get (most often airdrop) and if I see that the developers are doing something,I sell only half of the coins!The rest keep up the good prices!Reward in bounty programs always keep long-term!
full member
Activity: 490
Merit: 100
I try to long term hold, but the hand constantly demands to trade, for this I do trainings on small volumes, in order to gain experience. in the future I wanted main to trade.
member
Activity: 336
Merit: 10
long term hold, since most altcoins will go up in a long time, so I prefer to hold a new altcoin that has a chance to rise in price (like altcoin SXDT).
full member
Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
trading is so hard, so if the crytocurrencies are quite new for you, i think choose some coins to hold for a long time is a better choice
full member
Activity: 420
Merit: 102
Arianee:Smart-link Connecting Owners,Assets,Brands
I prefer a long-term hold to the alt coins that I have because I don't have enough time in hand at this moment to do day trading. But that doesn't mean I don't trust in the ICOs that I'm investing in. I will surely do day trading given the fact that I don't have any prior things to do that will complicate the time and effort that I should give to it.
I would also go with my preference as long term hold because that allows me enough time to think and act, but in day trading very less time doesn't allow to think it's just like a gambling. So I think long term holding will be a good option for the traders.
sr. member
Activity: 658
Merit: 250
If you are a large risk taker with good capitalization to go for it, you may indulge in trading of various predicted/speculated good coins, so that the weakness of one would be covered up by another, yet you still stand a better chance of making good profits out of this. But if you are a short risk taker on the other hand, better to hold on a long term basis.
member
Activity: 451
Merit: 10
I tried to trade. I made profit, but i have always one problem. I sold my coins with profit, but when i look back some weeks after my sell, is saw that i would make more profit if i just hold the coins. Since those experience, i hold almost any of my coin as long i need. Because with short term trades i dont make a lot of profit. I want more, and thats why i hold longer. With daytrades you can just make small profit.
You need a lot of time to daily trading and make instant profit, if not , I also prefer long term holding, it's really earn more profits than daily trading , other reason is I don't want regret later while coins rising x10 after I sold all my coins
sr. member
Activity: 546
Merit: 255
I prefer a long-term hold to the alt coins that I have because I don't have enough time in hand at this moment to do day trading. But that doesn't mean I don't trust in the ICOs that I'm investing in. I will surely do day trading given the fact that I don't have any prior things to do that will complicate the time and effort that I should give to it.
member
Activity: 189
Merit: 10
I tried to trade. I made profit, but i have always one problem. I sold my coins with profit, but when i look back some weeks after my sell, is saw that i would make more profit if i just hold the coins. Since those experience, i hold almost any of my coin as long i need. Because with short term trades i dont make a lot of profit. I want more, and thats why i hold longer. With daytrades you can just make small profit.
full member
Activity: 686
Merit: 102
It depends on coins you have, and the experience you are going to use. If you are newbie it will be better for you to hold, and don't trade your last money, never. When you will get more experience and profit in some time, you may try one-day-trading, but only with that amount, you aren't feared to lose. May be this way is correct for you and a lot of people, but humans excitement makes a monkey from man.
newbie
Activity: 140
Merit: 0
I prefer holding long term but I sometimes trade some coins because if there is a obvious opportunity you should not miss it. Trade and hold, it depends on coins as well.

Although I would actually prefer trading if I have the time and resources, I actually don't have the choice now but to side on holding long term. I have a full time job, and all I can spare is a few hours a day to do ICOs and just hold on my coins with the hope that they would increase or maybe even search in value after a few months. Also, I think holding is the much safer and more passive approach, but you should also have more patience in following this path.
sr. member
Activity: 420
Merit: 250
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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 prefer Long Term holding. This is because when I choose an altcoin, I choose the ones in its early stages which it has its low value in the market after buying, I would hold it for long-term waiting. I believe that I can profit more when holding my Altcoins rather than watching the Coins volatility all day long. Long-term is better for me because I can earn much more if I wait, rather than trading it in the early stages of development. In the end, It all depends on the status of the Altcoin. I always check the prices if it has skyrocketed, after the pump in my Investment, I tend to trade it immediately to ensure the high selling value of my Altcoins. So Short-term investments are optional depending on the status of the Altcoins.
full member
Activity: 381
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 think the best strategy playing with market are long term hold, daily trade are time consuming, only do it with enough time and emotional intelligence.
legendary
Activity: 2716
Merit: 1017
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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
Trade altcoin daily is not always works sometimes we need to wait and holding until the price is good. Do not sell when the price is down It's just you do not get any profit. I think mostly traders better to keep holding their coins for long term to get profits.
newbie
Activity: 280
Merit: 0
I prefer long term hodl. Also i like to explore different ICOs and invest in the most perspective.
full member
Activity: 186
Merit: 100
I prefer holding coins for long time will be better in this volatile market. Trading depends on the market situation,if the market has bull trend i will go long, but if the market is bearish short trades will be perfect. Holding your investment will eventually lead up to higher return because cryptocurrency have a big potential in increasing it’s market value.
sr. member
Activity: 786
Merit: 270
If you have some good value tokens or coins then try to hold but for your daily life requirement like paying some bills must trade and withdraw but as per requirement and hold for better future.
In my opinion, holding of any of the crypto coin especially when we talk about bitcoin is the best thing to do as the market value of most of the crypto coin keeps on going high and high most of the time. On the other hand, trading is also a good thing to do but you should only go for trading once you have this much of the knowledge and skillset that you can then perform better and make money out of it.
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