do you day trade or prefer a long term hold? - page 61.

dimonstration

hero member

Activity: 2744

Merit: 702

Dimon69

Quote from: Karmakid on February 15, 2018, 10:24:49 PM

Well I actually do them both there are some of coins that I bought that I really think that it is a good coin to hold for a long time ,
And there are some coin that I am only buying because I think it would be pump in the next couple of hours or days and I would sell them.

For these scenario this is pretty much better that you are trying to make your own kind of strategy wherein you are able to make earnings.

jamiebear

newbie

Activity: 126

Merit: 0

I prefer a long term hold than day trading my coins. I believe you can earn more plus if you don't really have the time to check it often then you just hodl it. Patience is a virtue.

nguyenducwin

newbie

Activity: 112

Merit: 0

I prefer holding long term, its my own research and its easy to do

daglordjames

member

Activity: 550

Merit: 10

i prefer holding it than trade because im willing to wait when the price will grow up and sell it.

Karmakid

sr. member

Activity: 742

Merit: 397

Well I actually do them both there are some of coins that I bought that I really think that it is a good coin to hold for a long time ,
And there are some coin that I am only buying because I think it would be pump in the next couple of hours or days and I would sell them.

jatin729

full member

Activity: 812

Merit: 108

I would like to do day trading because we can't predict govt. Mood toward crypto currency trading. Recently they have announced crypto currency is not a legal or illegel inside the country investor can invest at their own risk.
But if you are living in country where all crypto legal than you surely would go for long term holding that would make you rich.

Dpat

copper member

Activity: 798

Merit: 3

I do both day trade and also invest for long time . Day trade I choose when the market is in booming period but in the crash market I accumulate a bunch of coin.

rommelzkie

full member

Activity: 294

Merit: 125

I prefer both. I have a long term crypto that is sitting on my wallet for very long time. most of the time i dont loot at its price unless there is a big news.

My short term trading are on exchange and i usually stay at top 10 crytpo based on marketcap

bottledfireworks

newbie

Activity: 60

Merit: 0

Quote from: ursie on February 13, 2018, 03:07:56 PM

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 usually hold it for long term investment but as for now I'm going use both, half is for trading to altcoins to have a movement in my profit while waiting for my long term investment even though it gain less profit and the other half is for long term to gain more profit.

torotot

newbie

Activity: 134

Merit: 0

Quote from: sorrysteve1 on February 13, 2018, 03:30:54 PM

Long term holding has many advantages over day trading. It is much easier to identify coins that will grow longer term than those that will grow in the next 24 hours. With longer term investments you cannot fall victim to the dangers of high daily volatility.

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. If you can successfully buy the lows and sell the highs then you can really outgrow that 100%.

Meaning more patient is required in long trading than day trading. Day trading can regrets when time comes if the price go to the moon. More patient is the most required.

cryptoblue

member

Activity: 196

Merit: 11

Day trading is not suitable for an average investor. Only experienced traders can be successful. I would prefer long-term hold, as it is relatively safe.

STIKS1911

full member

Activity: 350

Merit: 100

I prefer trading for a long time. I think it has fewer risks. But if you have trade experience and you are a professional trader, then you will be interested in trading inside the day. Either 70% of the deposit is allocated for trade for a long time, and 30% for trading within a day.

emmanborromeo67

full member

Activity: 196

Merit: 103

for me i prefered hold because if you hold a coin you better future profit.

Clay99

newbie

Activity: 32

Merit: 0

I am not smart enough to beat the bots with day trading. I lost more than I made and it was shitty tense hours spent hovering over my mouse button looking for the right entry/exit.

Prefer to spend more time researching then going for the long HODL. That said not afraid to move around a little bit if I think it is the right long term move

liseff3

sr. member

Activity: 532

Merit: 255

Quote from: ursie on February 13, 2018, 03:07:56 PM

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

Current Crypto market not fully conducive there are only a few cryptoes that can be traded in this quarter.
In the face of such a situation I personally prefer to hold it in the long run.
If we can't buy, with holding it is the only best way.

xsaints128

full member

Activity: 420

Merit: 105

Holding long term is quite feasible for you since you are new to crypto market and have no experience in trading. However, you can trade the coins which you are holding for the long term, in that way you can earn daily by trading.

anthinguy21

full member

Activity: 280

Merit: 101

OPEN GAMING PLATFORM

IMO I will choose day trading instead of long term holding. Although holding is safer way to earn money than trading but it takes really long time, sometime it takes months or maybe even years for holder to earn good amount of money. But with day trading, everyone can earn good amount of money everyday if they're a good trader and have big capital to trade.

Fahim

full member

Activity: 280

Merit: 101

I prefer to collect tokens to the future. At me they lay on different cold purses. Sometimes during the days off or when I have enough free time, I do daily trading. But it's more for fun, since I do not have experience as professional traders, and do not have huge sums to sell with 5% profit to be happy.

xindoa

member

Activity: 194

Merit: 12

Staker.network - POS Smart Contract ETH Token

i'm holding daytrading not really my think. i do change my portfolio as it goes along and spread my investment and go in other alts coins that i believe in with the profit i made from others

TheCryptoChaser

member

Activity: 154

Merit: 25

Quote from: ursie on February 13, 2018, 03:07:56 PM

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 actually depends on which coin you have. But I prefer to hold mine long term. I personally believe that when you hold long term, you'll get more benefits. You could also allocate your investment %75 long term and %25 for day time trading. Have a plan before invest ! Good luck.

Topic: do you day trade or prefer a long term hold? - page 61. (Read 4281 times)