Topic: do you day trade or prefer a long term hold? - page 6. (Read 4281 times)
I prefer long term as I am not good enough to trade daily, I tried to trade daily several months ago but I stopped after two weeks because it actually need a lot of time and effort to monitor the price and the profit doesn't worth the time spend on doing that. I know several people that earn a lot from daily trade but right now I prefer to hold long term.
The best strategy at the distance is HOLD. In the future, investing in the crypt for this strategy is the best profit!
Maybe i will hold a little more term to see if the coin in market is moving upward if it is not will probably trade it as possible to let regretions affect me
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
There are many different ways in this regard and therefore it is worth sticking to the best, for this you need to know what you want. In all cases, there are pluses and minuses. Thanks
Daily trading requires one to be on the market if possible every seconds to keep eyes on the price which might not be practicable to all that's why I prefer long term holding of my coins
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 holding than day trading. Because hold is more safer than trading.
trading is more profitable indeed, but great losses can be occurred in trading too.
It depends on the coins which you hold. If the project looks good you'd better hold it. But if these projects don't seem to be good, sell them. HODL and patience are the keys to the success of the encryption market.
First of all, that depends on the market situation. But in general, I prefer a long term hold. Patience and time are the best strategies in cryptoworld. Holding for a long-term can earn you more profit than doing day trade. Of course, there are people, who are also earning high profit even in day trade but I think the smarter way is to hold your coins and follow the market situation.
Long term, because you just hold it and just wait and do nothing. You can do side job too like Join Bounty or another.
But at the same time you can lose up to 90% in the value of your portfolio of crypto-currencies. The market is falling and a lot of new projects are entering it, which is negative for Hold.
Long term, because you just hold it and just wait and do nothing. You can do side job too like Join Bounty or another.
In my opinion, long-term investments are a good way to "hide" the capital for a long time in reliable assets and to sit quietly during a period of instability. They are also great for various kinds of "global" savings
maybe both is better. i think you need put some money in to bitcoin or eth for long term and then you buy some altcoin to doing trader or trading. because maybe the profit of trading more fast. but the long term maybe have a good profit to.
I prefer to exchange my altcoin, to make it easier for me in the short term, and I prefer to hold bitcoin in the long run, because the bitcoin price every day is always increasing, so we will be more profitable.
If you are trading on a single day, your risk will be low, and your return will be low.
If you take a long-term trade and you carry a high risk, your return will be high.
I prefer to be a long-term trader, because it will give me more returns.
If you take a long-term trade and you carry a high risk, your return will be high.
I prefer to be a long-term trader, because it will give me more returns.
I prefer the long term at the moment. I think it is risky for me to trade because I don't have enough knowledge yet on how to do it effectively. I also have experience in the stock market where I tried day trading and I'm currently losing. But I'm not discouraging anyone because some people really earned a lot from it. I think a thorough study is needed before embarking to trading.
No need to worry about somehow later with the price coin obviously consider it for savings. Because by persisting to invest in the long term will have great results of course
I do both to avoid the risk of losing all my investments and creating room for a possible high return in the long term. If you are not skilled in day trading it is advisable you don't get involved but rather invest wisely in ICOs and select good coins.
I prefer the long term at the moment. I think it is risky for me to trade because I don't have enough knowledge yet on how to do it effectively. I also have experience in the stock market where I tried day trading and I'm currently losing. But I'm not discouraging anyone because some people really earned a lot from it.
Basic knowledge for everything are your weapon for what may ever you have to do for we can say that this is what all of us do for but we experience also can make you gain knowledge.
I'm definitely a holder, I'm not an expert enough to do daytrading.
I actually don't consider it a good idea, I'm an ex gambler and I probably would lose it all if I started to trade regularly.
Patience is key anyways.
I actually don't consider it a good idea, I'm an ex gambler and I probably would lose it all if I started to trade regularly.
Patience is key anyways.
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
For short-term goals, digital assets are generally very risky. Certainly, cryptocurrency will fluctuate up or down rapidly. If you are thinking of investing in such a short time, then cryptocurrency is not the best option. Thanks
yes, I will invest in bitcoin, and I will trade in Alt, for me very good income every day, if I get long term income, I will hold my bitcoin, because for me, I will get higher than we invested, seeing bitcoin prices is always increasing all the time.
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