Holding BTC vs Day trading or short term trading. - page 3.

dominos

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Quote from: htconem7 on July 30, 2018, 05:48:01 PM

Quote from: Zerogreens on November 04, 2017, 08:20:41 AM

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

I think at this point you can completely invest in bitcoin and also trading day, the market in the past few days are fluctuating continuously and you can see that bitcoin prices are constantly rising and are uptrend in short term. Bitcoins will be able to rebound to $ 10000 in the coming days so you can buy bitcoins at the moment.

If he don't feel confident about trading in this market and his decision than what is a point of day-trading? In my opinion this is just too risky if you have never trade before.

htconem7

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Quote from: Zerogreens on November 04, 2017, 08:20:41 AM

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

I think at this point you can completely invest in bitcoin and also trading day, the market in the past few days are fluctuating continuously and you can see that bitcoin prices are constantly rising and are uptrend in short term. Bitcoins will be able to rebound to $ 10000 in the coming days so you can buy bitcoins at the moment.

Omega Weapon

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Quote from: Zerogreens on November 04, 2017, 08:20:41 AM

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

Well what it is done it is done, what you need to do is to concentrate to try to get that money back since there is no point in remaining still and do nothing, now I know that with the price this high it is going to be a lot more difficult to get your money back but if you want to enjoy the benefits of selling your bitcoin for a very high price then you need to get bitcoin in the first place.

BLAST2MARS

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The market is so boring and altcoins are not doing any improvement in the last couple of months and I don't want to waste my time gaining nothing so I do both daytrading and short term trading. I get it now that bear period is really for short term trades.

Bervelukan

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for a low price like this I think is very good and suitable if we make a lot of dengab purchase and hold bitcoin we have until the price back up to be expensive, we better do in the long term.

noictib

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Quote from: Zerogreens on November 04, 2017, 08:20:41 AM

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 my opinion we should go with these ways instead to go with particular one .
Because all these threes ways are profitable but we need to have lots of patience in case of btc holding and long term trading .
Most of the people in this field are doing short term trading and few big earners are doing day trading ( because small % of profit Results into big profit of amount ) .
And also there are lots of people who kept only earning btc and holding them for future , so that they can make big earning with bitcoin and also they can make Thier earnings in multiple times because pump will be hard in the future .
So here all ways are better for earnings , we just need to do work in every way , but only hardwork will not give money , here we need to have lots of experience and skills to Handel them to make trading into better profit .

denisaardelean

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Quote from: Zerogreens on November 04, 2017, 08:20:41 AM

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

I think you should only trade short term and trades on bitcoin, you can see that although bitcoin prices are soaring recently, the price of altcoin is almost not rising but is going down sharply. So I think that at this point you should only invest in short-term investments in bitcoin so that you can minimize risk and make a profit, always have a specific trading plan.

alibaba93

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Quote from: Zerogreens on November 04, 2017, 08:20:41 AM

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

I believe that at this time you should only trade day and short term trading, the market is in a bear market in the long term so if you hold will be very dangerous, the risk will be very high. You can see that bitcoin prices are showing a strong recovery, although the market is showing signs of a strong recovery but I think you should be careful because the bitcoin price can drop sharply at any time.

dominos

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It only depends on your overall strategy. But for me it is too hard to day trade with a profit. You have to wait for your set up and than consider if you want to play it (trade) or not (no trade).

melted349

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Quote from: zxl912157 on July 28, 2018, 11:45:50 PM

My experience when the year 2016 backwards most like every day trading because Bitcoin every day there is always a rise and fall in prices.

Different as it is now to see Altcoins is already opaque as its price drops down and uncontrollable. I also experienced a decline from my total capital of about 50%.

well way back for the time that bitcoin and altcoin are not on the danger zone for its price but as of now as the price rech on the peak price then drops sharply on the very weak price of it this is really hard to identify whether this can ever be back of may still remain on that , so more over making decision for what are the best thing to do are undefinable.

shaadsufi

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In the day trading you only see the short-term factors of the coin and how it may affect the choice like when it came to South Korea allowing the regulation of cryptocurrency in their country the price of bitcoin spiked

zxl912157

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My experience when the year 2016 backwards most like every day trading because Bitcoin every day there is always a rise and fall in prices.

Different as it is now to see Altcoins is already opaque as its price drops down and uncontrollable. I also experienced a decline from my total capital of about 50%.

strongwarrior238

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Quote from: Zerogreens on November 04, 2017, 08:20:41 AM

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

For not only bitcoin and the whole market at the moment, I think the best solution is to trade short term and complete the transaction by day, you can see that the bitcoin price is constantly changing And short-term trading will help you reduce the risk and can preserve the profits. According to my analysis, the bitcoin price may continue to fall after recovering to $ 6200.

Manchumichael

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Quote from: Dudeperfect on June 25, 2018, 12:17:01 AM

Since I am doing a full-time job and part-time business I can not give the time and flexibility which is required for trading so I believe that trading is not my cup of tea and hence I focus more on long-term investing as I can always take some time from my schedule and use it for the research purpose which will help me to take decisions in the long run. I am not saying that trading is bad but one should be able to give his time and flexibility if he is expecting some serious profit from the short term for day trading.

You are too busy mate full time plus part time job then you have one option long term it's good but if you ask me i can say you can do short term trading because it not need much time to do short time trading. Any weekend you can spend some time and pick high rate coins everyday tea time just check once your coins price hardly it takes 2 to 3 min that's it.

I am just telling my opinion because short term trading is more profitable to compare long term. I think you already experienced.

htconem7

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Quote from: Zerogreens on November 04, 2017, 08:20:41 AM

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

You can see that bitcoin prices are constantly fluctuating in the unpredictable, the market is in the downtrend stage so the bitcoin price may continue to fall sharply at any time, you trade short bitcoin and not Long-term investment and risk holdings will be very high, you will be able to make a heavy loss if bitcoin prices fall sharply.

goldade

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Quote from: Zerogreens on November 04, 2017, 08:20:41 AM

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

Trading (day trading or short term trading) is not meant for people with no experience or skills. Trading especially day trading can bring a lot of profits even on a daily basis if you are very careful about it.
Holding may yield profits on the long run probably over sis to twelve months but day trading gives you profits almost everyday.

Dudeperfect

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Since I am doing a full-time job and part-time business I can not give the time and flexibility which is required for trading so I believe that trading is not my cup of tea and hence I focus more on long-term investing as I can always take some time from my schedule and use it for the research purpose which will help me to take decisions in the long run. I am not saying that trading is bad but one should be able to give his time and flexibility if he is expecting some serious profit from the short term for day trading.

crazycatwoman03

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Quote from: bennie4 on June 22, 2018, 05:38:53 PM

Quote from: Zerogreens on November 04, 2017, 08:20:41 AM

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

You can see that the price of bitcoin in recent days is constantly decreasing, so if you keep the bitcoin during the last few days, you are very heavy losses. The market is bearish in the long term so bitcoin prices may continue to fall further if the $ 6000 level is broken. I believe that at this point you should only trade short term by day and always have specific stoploss.

It depends on the person who is holding the coin, they have a choice whether to hold or do day trading. For you, day trading might suit you at this time where there is a huge dump but for other people, holding works just fine. The price continue to go down but somehow it will fluctuate up after hours or a day. We can't really tell when there will be a pump and when bitcoin will finally recover. For now, to hold or to sell, do which is comfortable for you. It is your money anyways so you must also decide what to do with it, don't base it from what other people is doing.

xvacator

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for now, it is difficult if we want to do day trading in bitcoin because bitcoin price is not stable and it could change in any second. but if you have skills, maybe you can try your luck in the market so you could take a profit. but for me, it is better to hold bitcoin for a while because I am too afraid to see another crash of the price again.

bennie4

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Quote from: Zerogreens on November 04, 2017, 08:20:41 AM

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

You can see that the price of bitcoin in recent days is constantly decreasing, so if you keep the bitcoin during the last few days, you are very heavy losses. The market is bearish in the long term so bitcoin prices may continue to fall further if the $ 6000 level is broken. I believe that at this point you should only trade short term by day and always have specific stoploss.

Topic: Holding BTC vs Day trading or short term trading. - page 3. (Read 2820 times)