Topic: Holding BTC vs Day trading or short term trading. - page 10. (Read 2764 times)
I usually do the 3 things because i feel that i need to do the different ways of earning because i want to have an experience and also knowledge about those things so for the next time, i can share something to the people that i learned personally and experienced it full by myself.
So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
In trading I prefer to do short-term trading or day trading, usually I get benefit only from small pump pump which often happens. and for me it was so much fun So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
IMO day trading is better than only hold BTC. But it's also more risky than holding BTC cause you can lose sometime when you made wrong decision. But it'll be ok if you have enough experience and skill in trading 
With day trading, you can make a whole lot of money in the process if you are smart and can make good quality decisions. It is obviously not an easy task to do but it can be worth it. I have known guys who used daytrading to increase the very little they have been holding for a while. The risk is huge and you have to know how to trade well as you can get burnt when you make the wrong move. 
So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
It's actually depends on someone's capabilities but sometimes shit happens as we didn't expect it's coming.
Since the current price of bitcoin is in the sky and while the alts are left behind I switch to swing trading from day trading as the big whales now are also into swing trading so the pump and dump are hard to achieve as well as the day trade. It's kinda risky though so just hold it when you can bare the risk.
I think it would be better to hold Bitcoin.The price of all the coins is now less.Bitcoin is increasing day by day and the price of altcoins decreases day by day.Now buy altcoins short time trading seems like a risk.Bitcoin can safely hold.Bitcoin is the safest investment.
Bitcoin is great investment no doubt in it. You can’teven think of bitcoin as dying currency so, if you believe in this fact that bitcoin will stay longer than better is to make bitcoin as you investment. Prices for bitcoin is increasing day by day and a time come when there will be so short number of bitcoins and only those will be profitable who would have held bitcoin with them.
Day trading or short term trading is better than holding bitcoin because you maximize the volume of your bitcoin but their the risk of getting losing it if your not good in trading.
Yes, at least, these two helps you to keep increasing what you are holding. It is more like having the function of holding and benefitting on the value and as well increasing what you have in numbers so you can even get more from it. Based on the risk though and how long I have been trading, it is a worthy risk to take for the good course.If you asking here about that, you will get some various answer and opinion.
In my opinion, if crypto trading, i will do long term or holding my asset and selling them when its high.
Thats my prefer.
That is normal and that is based on everyone's experience. However, even holding for a long term is still more like trading but what you are looking at is to hold for a very long term rather than taking advantage of the volatility which though it is risky. Holding is less risky, but like they always say, the more the risk, the more the potential to earn more. In my opinion, if crypto trading, i will do long term or holding my asset and selling them when its high.
Thats my prefer.
Make a split on day-trading and holding on BTC. I think the best rate is 3:1 (day-trading 3, holding btc 1)
So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
I give you one example. if you have 0.1 btc, keep 0.05 btc in the bitcoin and use 0.025 btc for daily trading and use the other 0.025 btc for short term trading. from this example, I guess you can figure out what its mean for you and I hope you can solve your problem. you need to learn more about trading so with 0.025 btc, you can make a profit in daily and short term trading.
I divided my budget, and do my plans accordingly. I can express this plan as shown below. It works for me for weeks.
-25% for day trade in altcoins.
-50% for holding.
-25% for ico participatin and contribution.
You can simple make this kind of plans.
I have the same experience too, day trading didn't work for me that very well. Already lost around .2 BTC last year and was been victimized by spammers, which I think, members from pump and dump groups. I was new and very aggressive at that time, even I'm equipped with enough research and knowledge, things gets worst and worst, couldn't control my emotions and end up with nothing.
Anyways, its been a year already and I've already learned my lesson. I can handle my finances very well these days and decided to stick with holding rather going back to trading. Maybe, it's not really our forte after all.
Anyways, its been a year already and I've already learned my lesson. I can handle my finances very well these days and decided to stick with holding rather going back to trading. Maybe, it's not really our forte after all.
So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
I give you one example. if you have 0.1 btc, keep 0.05 btc in the bitcoin and use 0.025 btc for daily trading and use the other 0.025 btc for short term trading. from this example, I guess you can figure out what its mean for you and I hope you can solve your problem. you need to learn more about trading so with 0.025 btc, you can make a profit in daily and short term trading.
So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
This is the most common mistake on which a certain trader would really experience specially if we are really new on it. Its normal and even myself do experience this thing but its not a valid reason for me to stop but decided to push even more but in more knowledgeable way.Since you do experience mistakes then you would really be aware on your next possible move since you do have the idea on what you would do on next trades.So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
Either holding or short term trading as long you do know on what you are doing you would really make profits.
Holding bitcoin is basically for everyone as its easy as buying the bitcoins and forgetting about for a long time until value grows.
Then day trading and short term trading is basically for advanced crypto users who understand the crypto market and know what they are doing.
But I prefer just holding as its less stressful as compared to trading.
Then day trading and short term trading is basically for advanced crypto users who understand the crypto market and know what they are doing.
But I prefer just holding as its less stressful as compared to trading.
So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
Holding BTC for less than a year is not profitable, better buy some good ICOs and get really good profits in a short period.
Btc has so huge capital than is not easy to double anymore.
Day trading is much more profitable but also has higher risks.
There is a lot of noise in the market for crypto. If you think you can handle those noisy situations and find out what is the Technical analysis and Market sentiment, you can do the trade with profit, but you have to be Discipline, That is most important. Be active in the market. Keep yourself updated.
Or you can just HODL. No Noise. Peaceful Life. No worries of Market Manipulation. Peace out.
# PrintGreen
Or you can just HODL. No Noise. Peaceful Life. No worries of Market Manipulation. Peace out.
# PrintGreen
I prefer short term trading. I just don't want the stress and headaches that day trading gives especially in a market like this. I don't want to hold too long since I feel there's a season for the alts and a season on bitcoin. I'll be back into day trading in the near future though when alt market will start to rise.
If you asking here about that, you will get some various answer and opinion.
In my opinion, if crypto trading, i will do long term or holding my asset and selling them when its high.
Thats my prefer.
In my opinion, if crypto trading, i will do long term or holding my asset and selling them when its high.
Thats my prefer.
Hold great coins will surely make good money for you. Personally I just hold bitcoin and trade some of it with altcoins because I also believe that altcoins will also pump. Everything is ok for me but its depend on your prefer and skills because trading needs extra skill for you not to loose money.
for me its better to take a short term trading than to hold or day trading in hold just too long to see your profit but in day trading you need to fucos very will and if you need fast profit just take short term trading.. thats my opinion..
I think it would be better to hold Bitcoin.The price of all the coins is now less.Bitcoin is increasing day by day and the price of altcoins decreases day by day.Now buy altcoins short time trading seems like a risk.Bitcoin can safely hold.Bitcoin is the safest investment.
Before i prefer long term trading since holding bitcoin in long term will gave you huge returns especially if you bought bitcoin during it was cheap and this method is preferable to early holders but now since the price is this high and you are planning to buy bitcoins i suggest that you should hold it in short term since bitcoin price inflates very fast this time like what happened this week bitcoin fell around 5500 due to the cancellation of segwit2x but in just 1 week it recovered so holding it within a month is suitable.
and there is a lot of thing that can be in bitcoin if you are still on holding it , and yet this may good also in long term and can give you a great future specially on the cheap price that you can have this for are the best thing also we know that if you are holding it just like what you have for in a bank the percentage of it are 10x in bitcoin in holding it so better to do holding bitcoin. On day trade there is nothing wrong with that but always make sure the coin that you are trying to trade for are can make you profit also a good profit just like bitcoin. As you said holding the bitcoins will give good profits in the future but you can try trading with your bitcoins to earn extra earnings.So you just divide your bitcoins into two portions like 80% and 20%.Keep you 80% bitcoins in cold storage and try to do trading with your remaining bitcoins.Trading bitcoins is not difficult like altcoin trading the only simple rule in bitcoin trading is buy low and sell high.
All traders know that day trading is a very difficult task, it's better to do the trade when you sure, trading can be very profitable, but most of the people think trading is easy and just blindly choose a coin to trade, I think you need to increase your basic trading skill, my suggestion is to start slow and try to gain experience as much as possible,but if you don't want to be annoyed by the chart and the trade then holding btc is great, it's more secure
It needs a lot of efforts to do day time or short time trading because whatever you earn today may lose tomorrow in short time trading.In day time you will have to follow charts every time in order to update yourself .In case of holding you need to be financially sound so that you can keep bitcoins. It is preferable to hold on your coins rather than day trading.You will get more profit in holding.
Before i prefer long term trading since holding bitcoin in long term will gave you huge returns especially if you bought bitcoin during it was cheap and this method is preferable to early holders but now since the price is this high and you are planning to buy bitcoins i suggest that you should hold it in short term since bitcoin price inflates very fast this time like what happened this week bitcoin fell around 5500 due to the cancellation of segwit2x but in just 1 week it recovered so holding it within a month is suitable.
and there is a lot of thing that can be in bitcoin if you are still on holding it , and yet this may good also in long term and can give you a great future specially on the cheap price that you can have this for are the best thing also we know that if you are holding it just like what you have for in a bank the percentage of it are 10x in bitcoin in holding it so better to do holding bitcoin. On day trade there is nothing wrong with that but always make sure the coin that you are trying to trade for are can make you profit also a good profit just like bitcoin. Jump to: