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Topic: HODL vs Day trading - page 29. (Read 3678 times)

member
Activity: 320
Merit: 10
March 10, 2018, 01:08:56 AM
Day trading may be more profitable but it needs skills to earn huge profits. You have to good tech. analyst to be a successful trader.
On the other hand, HODL strategy is a long-term investment. You have to analyze well about a coin/token before investing because this decision will make you rich in future.
So if you don't have time and skills then I suggest you go for HODL strategy and enjoy seeing your money grow.
 
day trading is very good done by someone who has mastered the science of market and trading, so will not get a loss. but for someone who is still minimal I think a long-term mending hold for minimal risk
member
Activity: 154
Merit: 12
March 10, 2018, 12:57:00 AM
Day trading may be more profitable but it needs skills to earn huge profits. You have to good tech. analyst to be a successful trader.
On the other hand, HODL strategy is a long-term investment. You have to analyze well about a coin/token before investing because this decision will make you rich in future.
So if you don't have time and skills then I suggest you go for HODL strategy and enjoy seeing your money grow.
 
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
March 10, 2018, 12:48:21 AM
It depends entirely on you.You must have your skills to do trading.Suddenly nothing is possible.But you can hold coins anytime.In that case, you have to choose good coins.So first you have to acquire skills.

The best thing that you can do is really to educate first yourself, set some goals and you will surely know what to do. Day trading is indeed requires a great skill for you to prevent big losses but if you think you can't do it better to hold great coins and set your target price this is much easier compare to day trading that can gives you so much stressed.
Why day trade when you can just learn the skills of how to do a long term trading for a holder. Trading generally requires skill, but day trading requires a lot of experience and I do not even expect any new trader to start with day trading. It is better to even go the long way and manage one's portfolio with that than just holding or day trading.

However, if these are the only two options available, and I can take a huge risk with a great knowledge of trading, then I can decide to day trade, but really, it is very risky.
full member
Activity: 382
Merit: 100
Live cams shows pimped with cryptocurrency on Sexy
March 10, 2018, 12:46:56 AM
It;s depends a situation on the market, If I have a target profit, I always HODL them
and sometimes Day trading to get a little of profit.
Day trading is not even for everyone and I wonder why the OP only compared only day trading and HODL. There is short term, there is long term, and I rather prefer that than just holding. However, since I cannot trust any exchange, I always prefer to hold most of my funds in my wallet and trade with the remaining ones. With that, at least I have a guarantee that if anything happens to the exchange, I will have something to fall back on.
full member
Activity: 336
Merit: 102
Get Ready to Make money.
March 05, 2018, 08:09:46 AM
Tried to be a day trader for 6 months. And failed. Luckily I still hold some of my ETHs I bought at 300 usd. Please if you have another job, just buy the dip and wait Smiley

Yeah day trade is so hard for nervous everyday u spent more health then earn money Smiley Better to  trade long terms and invest in ICO or make bounty without loosing Smiley
hero member
Activity: 1190
Merit: 534
March 05, 2018, 08:06:48 AM
Day trading is for those who can provide flexibility in their sessions, I have a full time job in non crypto industry so giving that time is not possible for me so I go with hodling. It doesn't mean that my friend should do the same. If he is better in day trading then he should explore the opportunities in the same. Ultimately, the decision is depends on the profile of the person who is willing to earn profit through speculation.
newbie
Activity: 27
Merit: 0
March 05, 2018, 08:00:25 AM
In this time of unstable market, either bitcoin or altcoin go up and down in a short time, day trading is'nt a bad opinion.
newbie
Activity: 43
Merit: 0
March 05, 2018, 07:48:05 AM
Tried to be a day trader for 6 months. And failed. Luckily I still hold some of my ETHs I bought at 300 usd. Please if you have another job, just buy the dip and wait Smiley
newbie
Activity: 182
Merit: 0
March 05, 2018, 07:27:34 AM
Depends on your available time or skills. Trading requires you to have time in looking the market and researching while Holding is not necessary to always check the market.
full member
Activity: 462
Merit: 101
March 05, 2018, 07:23:02 AM
Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.

I have coins in which I have invested and retained for a long time. But I also trade within a day. In my opinion, trading in the day you can earn more money. But it takes a very long time to trade within a day. It is necessary to analyze coins, to study news on these coins, and this requires a lot of time. But it's worth it.
full member
Activity: 491
Merit: 105
March 05, 2018, 06:59:27 AM
Trading or holding, no matter both are gambling. If you have No Strategy then you will get the HOLD Mentality. If you have the confidence then you should trade. If you are a person who won't take a lot of risks, better trade half and hold half. Never invest more than that amount you can't afford to lose.
I think you are misleading somewhere. Brother if someone is not trading, it doesn’t mean he don’t have enough guts to trade. Or by holding, you can’t claim this man have no balls to show up the courage and confidence. No, every person have different set of mind and needs. Strategies always vary from person to person. Some may have tendency to day trade and some may prefer holding.
full member
Activity: 1554
Merit: 101
March 05, 2018, 06:26:22 AM
actually it depends on which one is more profitable if its as it is now at the beginning of the year, better to trade.
because hold coins for now takes about a minimum of 6 months to earn a profit. people who are accustomed to trading usually do not like to wait too long they are looking for exchanges that can be done as quickly as possible and do not like long-term hold.
newbie
Activity: 2
Merit: 0
March 04, 2018, 07:41:55 PM
Why not both HOLD and Day Trade?
Day Trade with a small portion of your portfolio in order to learn.

If you see that you have become competent then you can skew more towards day trading.
full member
Activity: 392
Merit: 112
March 04, 2018, 06:56:02 PM
Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.

I do bought. I am a really busy person, but if I have a free time I do DAY TRADING. I also HOLD coins that is really promising and I believe that the coin I am holding is really the best for long term specially the active project.
member
Activity: 238
Merit: 10
March 04, 2018, 06:48:13 PM
Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
I think this is the right time for us to trade. Currently, after bitcoin prices are rising sharply yesterday, there is a slight correction and this is the time for altcoin to recover strongly. So let's get involved in the market right now, invest in top 10 projects, which will be extremely safe for you.
hero member
Activity: 1078
Merit: 501
March 04, 2018, 02:23:10 PM
if you really want to day trade you really need to know your stuff, i mean really. If you don't really know what you are doing it's better for you to just invest and sell at a certain target
Not to invest for the short time as day trading cannot make you earn high profit, price of bitcoin use to increase and decrease all the time but you have to know the strategy you are trading for, if you want to trade it is good to go for long time trading so you will be able to have good profit it will give you experience to deal with the small time rise and fall of price, so you can be professional trader with very small care of not to sell at low price ever with for long time and make the long time trading if you want to trade instead of investment.
full member
Activity: 448
Merit: 100
March 04, 2018, 02:16:32 PM
There are people who like day trading, but there are those who like to hold back. Personally, I belong to the second category. As for me, it is better to buy a promising coin and keep it until it at least 3 X does not.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
March 04, 2018, 01:16:29 PM
Holding is all the time best one.We know the price of bitcoin is just fluctuating and get back to 19,000$.So just hold the valuable bitcoin as much time you can.Trust the bitcoin.Many trader had become a millionaire  by just holding it for more than six months.So now the choice is yours to trade or hold.
full member
Activity: 602
Merit: 111
March 04, 2018, 01:09:38 PM
Day trading is much riskier Job than holding because it needs much effort and time but in holding you no need to any thing other than buying the best currency as per your investment.
But day trading or holding will depends on your needs if you want to make money in short term then day trading is the right thing for you or you just want to make money in long term just buy and hold.
copper member
Activity: 50
Merit: 1
March 04, 2018, 12:56:20 PM
if you really want to day trade you really need to know your stuff, i mean really. If you don't really know what you are doing it's better for you to just invest and sell at a certain target
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