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Topic: Gaining quick profits or keep holding? - page 10. (Read 18222 times)

Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
March 24, 2019, 06:57:23 AM
You should have put your holding into good use by trading with it.
"keep holding" not advisable in this current market. You may hold other solid  projects for few weeks or month. Otherwise Day trade and profit from the price swings
member
Activity: 448
Merit: 12
March 23, 2019, 06:33:54 PM
Gaining quick profits or keep holding are differ to one another, due to that quick profit is not that easy unless you are expert or have an idea about what you are entering it. And I think there are lot of people people here in the forum applied holding because they knew by doing it they can lessen the risk that are possible to be happen.
The fact is that under the current circumstances in the cryptocurrency market, even long-term investments have increased the number of risks that some carry for a potential investor. It is likely that many projects react negatively to a certain market trend and it is impossible that after some time assets may lose weight very much.
sr. member
Activity: 854
Merit: 252
March 23, 2019, 02:19:38 PM
Gaining quick profits or keep holding are differ to one another, due to that quick profit is not that easy unless you are expert or have an idea about what you are entering it. And I think there are lot of people people here in the forum applied holding because they knew by doing it they can lessen the risk that are possible to be happen.
hero member
Activity: 784
Merit: 502
March 23, 2019, 08:42:24 AM
I think what you meant by quick profits is day trading. Day trading is not advisable these days. It's because it is on a high risk and the market is not yet stable. But once the market become stable, that's the time we can trade day by day. Right now, it's up to you to hold or not but if you need the money, you can pull out anytime.
For traders unstable market are the best place to make money so it is nothing wrong to day trade on the best or stable market what they need to know is they have high risk of losing their money as well so they need to find their successive strategy to survive the market condition.
full member
Activity: 756
Merit: 102
March 22, 2019, 06:31:04 PM
If you want to gain quick profits then you have to invest in some high risk newly-listed  coins, if you want to keep holding your assets for long-term then it is a rather safe way to earn profits.
It seems to me that in the current state of the cryptocurrency market, even long-term investments already have an increased risk, especially if there is no possibility to really predict the prospects of this or that project for the future.

Yes , both short and long term investments are risky because like what you said cryptos are unpredictable .  cryptos are also volatile and prone to manipulation , add in the other factors such as fud , news , speculation and many more  . those are only few of the reasons why crypto investing/trading is verry risky  . 

both long term and short term can also give you a quick profits because sometimes crypto can pump unexpectedly  but it is still  advisable to do long term if your goal is to earn huge income
sr. member
Activity: 756
Merit: 250
March 22, 2019, 05:26:33 PM
If you want to gain quick profits then you have to invest in some high risk newly-listed  coins, if you want to keep holding your assets for long-term then it is a rather safe way to earn profits.
It seems to me that in the current state of the cryptocurrency market, even long-term investments already have an increased risk, especially if there is no possibility to really predict the prospects of this or that project for the future. A cryptocurrency market can make adjustments and remove ke projects that could seem very promising.
full member
Activity: 1218
Merit: 112
March 22, 2019, 03:08:04 PM
If you want to gain quick profits then you have to invest in some high risk newly-listed  coins, if you want to keep holding your assets for long-term then it is a rather safe way to earn profits.
sr. member
Activity: 854
Merit: 250
March 22, 2019, 02:16:43 PM
The market now gradually increasing and seems like good idea to gain quick profits in my opinion.  What's your view guys?  Is there a tends that it will constantly to rise  after day or two or it will stop increasing again? And kindly suggest which is better way now  "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
apologize in advance, but in my opinion all the decisions will be better if you decide it yourself because in investment or trade always involves money or funds so it would be better if we could decide for ourselves the best for our own money.
legendary
Activity: 2100
Merit: 1058
March 22, 2019, 02:15:03 PM

I am more inclined to keep cryptocurrencies. I think I will win more over time.  Cool
This should be the first option and the best but one can still take a little step forward into trading, I am not advising you to be greedy though so I don’t end up getting blamed for lost coins, but life is full of risk, if we don’t risk trading, how do we know if we can trade or not, which can make us to win more.

When it comes to holding, we are not just talking about 1 or 2 years, it could end up getting to 10 years which is still not a bad idea to hold but within that period, it would have been better if one still try to generate more income by day trading, this is called “using one stone to kill 2 birds”
sr. member
Activity: 840
Merit: 268
March 22, 2019, 01:52:37 PM
I think what you meant by quick profits is day trading. Day trading is not advisable these days. It's because it is on a high risk and the market is not yet stable. But once the market become stable, that's the time we can trade day by day. Right now, it's up to you to hold or not but if you need the money, you can pull out anytime.
hero member
Activity: 1064
Merit: 500
March 22, 2019, 01:23:59 PM
The choice in your hand, because every time the price keeps going up and down. If you have money to spend at any time to buy then you will always sell it when prices increase which means you can get a quick profit. But when you don't have a lot of money to spend every time the price is low, then at least buying and holding it for the long term is a good choice. Because usually everyone has their own comfort zone and to get out of that zone requires a strong mentality and good skills.

Both of the choices have their pros and cons. When you hold, you seem to avoid any risks, but this is not true: the tokens can lose in their price. When you deal with daily trade, you can make a mistake fast.
full member
Activity: 1162
Merit: 101
March 21, 2019, 11:38:20 PM
In the digital market, you need to divide your deposit into two parts, one for trading, and the other for the medium term, then the profit will be stable
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
March 21, 2019, 07:46:26 PM
The choice in your hand, because every time the price keeps going up and down. If you have money to spend at any time to buy then you will always sell it when prices increase which means you can get a quick profit. But when you don't have a lot of money to spend every time the price is low, then at least buying and holding it for the long term is a good choice. Because usually everyone has their own comfort zone and to get out of that zone requires a strong mentality and good skills.
legendary
Activity: 1834
Merit: 1036
March 21, 2019, 07:35:30 PM
I trade on scalping strategy. I can not say that this is the most profitable strategy in this market. I like it because it does not carry any risks.
Once you logged in and buy a coin, there's already a risk. Scalping is a good strategy at this kind of market that we have now because price is moving up slowly specially if you know how to use those tools to protect your investment is sudden drop of price, you are good to go with scalping. When I was a newbie in trading this is how I trade until I learned what they call it. Its better to earn 1.5% per trade than loose 5% per day of your capital.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
March 21, 2019, 06:35:26 PM
The market now gradually increasing and seems like good idea to gain quick profits in my opinion.  What's your view guys?  Is there a tends that it will constantly to rise  after day or two or it will stop increasing again? And kindly suggest which is better way now  "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.

I would recommend you to utilyze the current situation. The growth trend is really healthy and we can see that the growth is positive growing upward though being very slow in it. Better to split your investment into minimum 2 and select the best coins like ETH and Bitcoin. Trade these coins and yes certainly you will benefit yourself with quick profits.
full member
Activity: 784
Merit: 123
March 21, 2019, 06:03:41 PM
I trade on scalping strategy. I can not say that this is the most profitable strategy in this market. I like it because it does not carry any risks.
That's your choice and we don't need to find another if you feel comfortable with that strategies not unless if it is not effective anymore, but since it still doing great then better to stay it for now.
I know it is difficult if we aren't in full time trader to wok it well and that is some reason why some traders might get into losing due to lack of time and monitoring which is very important in trading. If it is missing, then no need to continue of becoming as a trader.
member
Activity: 689
Merit: 14
World's First Crowd Owned Cryptocurrency Exchange
March 21, 2019, 05:27:37 PM
I trade on scalping strategy. I can not say that this is the most profitable strategy in this market. I like it because it does not carry any risks.
member
Activity: 364
Merit: 10
March 21, 2019, 01:57:32 PM
The market now gradually increasing and seems like good idea to gain quick profits in my opinion.  What's your view guys?  Is there a tends that it will constantly to rise  after day or two or it will stop increasing again? And kindly suggest which is better way now  "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.

It should be with the current market conditions, you can already imagine which ones are sold and which ones should be HOLD. we cannot judge decisions equally. Because every token we have ofc is to get profit purpose. I think if its like coin/token that owned by exchange, you should HOLD it maybe for midterm is good.
sr. member
Activity: 2184
Merit: 470
Telegram: @jperryC
March 21, 2019, 12:29:27 PM
The market now gradually increasing and seems like good idea to gain quick profits in my opinion.  What's your view guys?  Is there a tends that it will constantly to rise  after day or two or it will stop increasing again? And kindly suggest which is better way now  "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
We're also don't know which strategy we should take since we don't know what will happened in the next few hours and or days. The cryptocurrency market is really volatile and we can't predict on what will happen and so the best thing I think is we should do the day trading where we're going to do a trading in just a day this is a good strategy for me since you're going to invest and withdraw it immediately and I think it's the safest because even when you lose you will not going to lose a big amount just like the buy and hold.

But it's up to us what strategy we're going to use, this is just according to my own perspective and idea.
member
Activity: 80
Merit: 10
March 21, 2019, 12:20:53 PM

I am more inclined to keep cryptocurrencies. I think I will win more over time.  Cool
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