HODL vs Day trading - page 27. | Bitcointalksearch.org

Kiweikoo

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Quote from: coinsocieties on March 17, 2018, 03:21:19 AM

Quote from: ronpan on February 12, 2018, 08:36:53 AM

Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.

For me in my experience only i dont know about the others but day trading is more profitable but at the same time also very risky and always need your time. Unlike long term trading that you can earn profit but it takes a long time before you can finaly earn it and this kind of trading need less time not always check.

Day trading is the most profitable form of trading and trading itself is the most beneficial method of increasing capital with the help of crypto currencies. But one should select a coin that is capable of changing value greatly within a day.

Bitcoin is the only coin that is suitable for trading but it demands specific skills too. It is also most suitable for holding as only this crypto coin can increase to large value after a little time is passed.

emmybd

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Day-trading is very risky, so if you have got a lot of money then you can experiment with a small portion of your money. If you don't have a lot of money and don't have a lot of experience in trading then holding would be better for you.

Borisb52

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Unequivocally trading within a day you can earn more money than with long-term investment. But the risks here will be higher. But not all of them get to trade within a day and at the same time earn. This is quite difficult.

coinsocieties

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Quote from: ronpan on February 12, 2018, 08:36:53 AM

Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.

For me in my experience only i dont know about the others but day trading is more profitable but at the same time also very risky and always need your time. Unlike long term trading that you can earn profit but it takes a long time before you can finaly earn it and this kind of trading need less time not always check.

Manchumichael

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Quote from: nguyenkhanhhung14 on March 16, 2018, 07:35:33 PM

Choose day trading or just holding depend on many factors. If you're a good trader with a lot of trading skills, you must choose day trading cause it's a better option than holding, you can earn money everyday by selling high and buying low. But if you're not, you should choose holding, it's safer than trading but it'll take really long time to earn money cause you need to wait until price of the coin you're holding rise.

With only your skills you will not make a profit you need the luck to make a profit in day trading. don't think experts can make daily profit in day trading even they also lose money in this method. this is only suited for risk takers, not for normal traders.

KEPLER99

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Quote from: hitrawal91 on March 12, 2018, 08:18:17 AM

Quote from: ronpan on February 12, 2018, 08:36:53 AM

Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.

Both are different than you personally think, because both needs different amount of attention, care, Psychological behaviour and Mindset for to accomplish. Holding is done mostly in investing and i think investing should be done by everyone but the trading is done only with the risk takers and for that, you need to know about trading in deep. I personally go for investing and trading both, but investing is my favourite as i like to do often and i trade rarely when i get dividends on stocks.

In fact, as long as you know you are holding strong coins, the HODL does not even require anything than for you to just store your private keys somewhere, go ahead with your normal activities and then come back in few years to just check how they are doing, while trading on the other hand requires a lot and most especially knowledge is needed because if you do not have that, you will most definitely fail. I prefer trading anyway since that is what i do and I so much prefer it than holding except that I just have to hold some, since I do not trust any of the exchanges going blank on me one day.

LuffyD.Monkey

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Quote from: pitiflin on March 11, 2018, 02:51:47 PM

Hodl is a term framed by a drunk guy. Since then people have placed their beliefs in it. Trading is actually a thing unlike hodling. It's for people who are afraid of trading or don't know how to trade. I also do fairly believe that hodling doesn't facilitate mobilization of funds but trading does. I think you got your answer here.

Drunk what? I feel you though because we lay so much emphasis on HODLING than trading but we also have to realize that everyone cannot actually be a trader and they will end up losing more if they trade than if they ended up holding. At least, one thing is sure for holding, you have your stuff intact and when you feel you have realized a lot from it in the long run, you opt out. In the real sense though for those who are willing and able to learn, trading is by far better.

Omega Weapon

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Quote from: alendel0n7 on March 11, 2018, 12:54:27 PM

Initially I thought that in the cryptocurrency the HODL strategy was the most profitable. Now the number of instruments for trading is very large, so there is an option to maximize profits by shifting from a coin to a coin. It should be understood that daytrading is suitable only for experienced traders, for beginners the best option will be to hold and parallel the study of the scope of daytrading.

Day trading has always been the field of professionals, I don't know why people that have never traded a single asset in their lives think they can do the same that professional traders can do, it's simply illogical to think that a person that has never studied trading can do the same as someone that has years of experience and knowledge and yet we see the same mistake over and over again from newbies and they lose money as a result of those dumb decisions.

nguyenkhanhhung14

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Choose day trading or just holding depend on many factors. If you're a good trader with a lot of trading skills, you must choose day trading cause it's a better option than holding, you can earn money everyday by selling high and buying low. But if you're not, you should choose holding, it's safer than trading but it'll take really long time to earn money cause you need to wait until price of the coin you're holding rise.

iMark

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Quote from: butka on March 16, 2018, 05:06:53 PM

Quote

I agree that day trade is more very stressful on my part rather than on just simply holding.Only few traders does have the capability or skills to sustain on day trading.Profits might be small but those are on constant basis which i do see this is way more profitable than on just simply holding.

I would also add that daily trading requires a lot of emotional discipline. We all tend to react emotionally to market changes, get overexcited easily. Learning how to stay calm is a must for a successful trading.

Yeah can be said only expert and experienced traders are suitable for day trading because it takes a patience and high time dedication to a day trading, let alone the risk is also quite large, I myself prefer to holding because it is more relaxed, lower risk and of course profit as well can be quite big

danherbias07

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Hold for a minimal risk and trade if you are the gambler type.
Before I use my profits from the signature campaign of Yobit to buy other coins.

One is Lisk which have been profitable for me even just for a short run.
I didnt know it could come to this price right now.
That was a long time ago where LSK is valued at 30k satoshis.

See that. If only I just Hold that number of Lisk I could have been in bed of money. Grin

butka

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Quote

I agree that day trade is more very stressful on my part rather than on just simply holding.Only few traders does have the capability or skills to sustain on day trading.Profits might be small but those are on constant basis which i do see this is way more profitable than on just simply holding.

I would also add that daily trading requires a lot of emotional discipline. We all tend to react emotionally to market changes, get overexcited easily. Learning how to stay calm is a must for a successful trading.

hahahafr

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Quote from: V-t.Ester on March 16, 2018, 04:34:34 PM

It's up to you! You can hodl or/and trade. Anyway, all crypto currencies are in bottom now, so it's time to buy Bitcoin or some alts.

No way, if you decide to trade with the actual markets, you are very exposed to have incredible losses.

That is why i am always trying to be away from this kind of markets, specially in this super-bearish-trend that is taking more than what we all were expecting in here.

Well, just my opinion.

Quidat

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Quote from: upsidedown75 on March 13, 2018, 01:10:09 PM

Quote from: ritzshah on March 12, 2018, 08:26:39 AM

To earn in cryptocurrency u should hold as in day trading u cant make money as it can go to the any direction.

You think those who are day trading are just doing it for the fun of it? The only reason I do not day trade is because of the stress but if you are good and skillful, you can make a lot from it, but I prefer the short term trading instead.

However, instead of holding, for the OP, he can just go the long term holding way, download blockfolio on his phone to have all his assets in one place and monitor their values, and if he can learn long term trading, it would be fine, but all the same, it is not a bad idea to hold as well if you do not want to stress yourself with all the trading knowledge.

Long term and day trading would never be the same in terms on making money but on the main concept they are really just the same.I agree that day trade is more very stressful on my part rather than on just simply holding.Only few traders does have the capability or skills to sustain on day trading.Profits might be small but those are on constant basis which i do see this is way more profitable than on just simply holding.

bandungan

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Quote from: Johnyz on March 16, 2018, 04:47:45 PM

Quote from: ritzshah on March 12, 2018, 08:26:39 AM

To earn in cryptocurrency u should hold as in day trading u cant make money as it can go to the any direction.

Holding can make you profit over time but of course day trading can also do the same if you are knowledgeable enough to do it. You must understand the risk before you make a decision, don’t always think about the money.

if we hold the coins too long without selling them, we certainly do not get any profit, we should be smart to speculate to use some of the coins we have for trading and also to hold in order to always get a bigger extra profit.

Scallywag

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day trading is becoming very difficult in a bear market like this , so i think it is better to hodl now. some people are probably making money trading now but for most people i would advise to sit back and relax a bit , and wait the market out. better times are coming for sure.

Johnyz

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Quote from: ritzshah on March 12, 2018, 08:26:39 AM

To earn in cryptocurrency u should hold as in day trading u cant make money as it can go to the any direction.

Holding can make you profit over time but of course day trading can also do the same if you are knowledgeable enough to do it. You must understand the risk before you make a decision, don’t always think about the money.

V-t.Ester

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It's up to you! You can hodl or/and trade. Anyway, all crypto currencies are in bottom now, so it's time to buy Bitcoin or some alts.

yohaneshs

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You should learn charts and try to predicted prices in the future. If we're looking a momentum to bullish, i think it's good to hold until get your target prices.
Day trading is making trades that last for seconds or minutes, taking advantage of short-term fluctuations in an asset's price.
HODL is same thing with long term trading. i don't like to hold my money in crypto without good calculation

gudrun

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Quote from: ronpan on February 12, 2018, 08:36:53 AM

Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.

I think we should continue to hold, it can be seen that the market in recent months is fluctuating continuously and extremely complex, bitcoin prices are constantly falling in recent days and may reach the $ 7200 level in Today, therefore, today's business is very dangerous and extremely risky.

Topic: HODL vs Day trading - page 27. (Read 3678 times)