Topic: do you day trade or prefer a long term hold? - page 51. (Read 4281 times)
To deal with daily trading, you need to know the crypto currency market well and have good practice. This is not everyone can do. It is easier to hold coins for a long time. Much less risk. However, daily trading is quite an interesting activity and can be quite profitable. Such trade can not always be carried out, but only at some suitable periods for this.
i prefer long term hold,
it's easier than day trade, day trade need you to check the price every hour,
so i really prefer long term hold.
it's easier than day trade, day trade need you to check the price every hour,
so i really prefer long term hold.
I would say it all depends. Analyze the coin's/token's market value movement or determine a profit cap so that you will not get lost or lose some money. I have experienced a situation in which i should have traded as soon as i got the tokens because its value is 2$/token but now its only 0.4$/token and also i have experienced that i traded when the value is 5$/token but now it grown to 7$/token. So, lesson learned, i have created a profit cap that i should gain at least 50% of what i have invested for slow moving coins and atleast 70% for fast moving ones.
I prefer long term bro. Hold your coins for a period of time and start monitoring if the price goes up. If it is possible, you can buy more coins and add it to your remaining coins. Hold it and dont sell it until the pricr goes up. Wait till the price goes up that it can give your desired profit.
I do both the things. I do trading as well as holding some of my coins for long term but it depends on coin to coin. I usually don't plan to hold every coin for long term If I am getting good return I sell as well but my preference is holding the coins for long term I noticed several times that selling early mostly gives me less profit on the other hand I got good profit from some of my altcoins that I hold for long. So conclusion is long term holding is much better choice than day trading in my opinion.
Hold. I don't have time yet to learn trading since I think you need to work on analyzing the behavior of a certain coins charts first so you understand where the coin is heading, upward or downward so you need to dedicate more time to learn about it if you're a newbie. 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 have plans to do trading though but not for now.
For me, prefer a long term hold if your crypto currency have a potential to give you more profit but sometimes if the coin is pumping we don't want to miss the opportunity to trade and get a profit as soon as possible.
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
As the trader depends on the analysis I made from the information I got and depending on the crypto itself, there are some crypto that may not be suitable to hold for long-term. I prefer in both and for daily trade I avoid the risk by selling when there is a small increase. Thanks
They are both profitable mate, and i preferred to do day trade. As many altcoins now are in the markets, many of them can be do in a day trade.
I stop trading as it consumes a lot of my time, what I do now is hold and wait until the price is profitable then I will sell it.
Longterm is more suitable for me in trading. Be calmer and less rushed, not feel worried when value decreases up to 15%. And of course, profits that i can achieve even optimal.
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 prefer to invest long-term, because I think it's good and do not need to be too panicky for unstable prices. I believe the crypto coins will continue to rise, and I will benefit from the investment.
I think if you already have a steady income is not a problem to hold bitcoin for 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
Sometimes,in my mind enters the word trading because we cannot deny that being trader is a good idea because you can earn as much as you can. High profit and for holding it is for self purpose.but if i prefer about these too then i choose trqding because it i don't feel like an holdin for any reason. I just want to earn and earn until have a big savings and make business Thanks
I believe that if you have the time, yours is short-term, you can make investments and you go out of them once they make good profits, and others that you can sell as soon as you see that they are going to have a great fall, instead if you are a busy person, the best thing is long-term hold, you buy and you forget about them, and without any doubt without good projects, in the long term you will see excellent results
long term hold is the best choice to get big profit.
If you don't trade you lose on daily market profit opportunity. If you don't hold you lose on profit that can have a significant impact on your future finance. As a crypto enthusiast, you must find a balance between these two activities.
This is true only if you are good in day trading and keep money in the exchanges. A lot of people don't have the skill set required for day trading or they lack the time needed. And day trading can be very costly.
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
Definitely hold long term as this is the only way for us to gain maximum profit. Though we can still actually earn from day trading, but at what rate? Selling off at a small increase wouldn’t have much bearing as profit. This is when prices starts hiking, and day traders starts crying telling people how stupid they are for selling too early! Aaaarrrrrgggghhhhh!!! Wake up people and learn! Thanks
Daytrading the most difficult way to earn profit in cryptoworld.I tried several times and lost my tokens\coins. 
Now i prefer long term.
Now i prefer long term.
HODL is so much easier for the inexperienced trader like me. I tried multiple times to do the daytrading thing, where I'm just trying to accumulate more coins. It's alot harder than it looks, and you have to be very disciplined to pull it off. Good luck if you wanna try, but HODLing for long term is much safer.
Like most people I tried day trading and just ended up losing money 
So now i just hodl
So now i just hodl
Earlier last year, I was heavily involved with trading. But after leaving out money on the table on the quest for quick bucks (day trading). I learnt its better to get the full detail rather than settling for 20% increase all the time. That's how I joined the hodl gang. I'm holding tokens that incentivizes hodling with airdrops.
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