Holding BTC vs Day trading or short term trading. - page 6.

Baofeng

legendary

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Quote from: financialgoal on May 05, 2018, 04:21:04 PM

day trading and short term trading is actually not bad nor good either and you can probably earn a good income on it if you know what you doing because you know trading is not an easy thing to do therefore you have much understanding and doing your own research.

There are really members who are really good at doing short term trading and even profiting daily by taking advantage of the wild price swing specially in the last 3 months. However, this time in a market like what we are seeing today (bull run), I don't think that is its profitable. This is the best time to do long term hold simply because the price is slowly gaining some ground and next thing we know we already in the $10K mark. So yes, short or day trading has its advantage, but it you don't want any hassle, holding is the best option for almost all of us.

cutikanzilong

member

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no need to worry about short team strategy. You'd better wait for bitcoin at a lace price or if it's down. Do not rush to trade better tahn than loss

ivankoh

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Sugars.zone | DatingFi - Earn for Posting

The choice of investment depends on your investment orientation and your ability to participate in this market. If you have a long-term investment hold good and potential coins (BTC, ETH, XRP, EOS ...), if you have good knowledge in technical analysis and market, then you complete It can be done commercially because it will also be profitable if you are a good trader.

financialgoal

member

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day trading and short term trading is actually not bad nor good either and you can probably earn a good income on it if you know what you doing because you know trading is not an easy thing to do therefore you have much understanding and doing your own research.

ipanks

hero member

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I think in this situations, we can do day trading or short term trading because in every market, many coins that want to increase and we can have much option to buy the coins. I see that in bittrex or poloniex for example, many coins that increase significant and giving a good moving so I think we can try to do day trading to make a profit. besides that, we can do day trading for trading bitcoin too because bitcoin is up and down in many times so it will give us another profit too.

izanagi narukami

legendary

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Quote from: jiniyaakter on May 03, 2018, 11:00:08 AM

Holding btc is best opportunity to make some profit in future but day trading is also good for make some profit

You just said that trading will earn you quick profit and yield more profit than holding.
The problem is bitcoin still volatile so the bitcoin value can change unexpectedly.

When you just hold most of your bitcoin, you've nothing to worry because you have commit to keep hold no matter what will happen until you hold at your prefered year !

cashberycoin.com

newbie

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Quote from: jiniyaakter on May 03, 2018, 11:00:08 AM

Holding btc is best opportunity to make some profit in future but day trading is also good for make some profit

exactly, i must hold at first Wink

jiniyaakter

newbie

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Holding btc is best opportunity to make some profit in future but day trading is also good for make some profit

investCo

newbie

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In my practice holding is better in cryptocurrency portfolio, distributing among the most promising and growing currencies, not only BCT. Easier to do with special tools, such as http://holdvest.com

bitcoinzen

member

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Holding most talked and fast growing and technology advance coins for short period of time we can see double of ur btc value and buying those coins in dips make good strategy for profit making

Crypto_Freezy

newbie

Activity: 71

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Holding btc is the best.. In addition day trading also good as a side buisness.. Short term trading is not effective according to my point of view..

mojacho

newbie

Activity: 137

Merit: 0

I prefer to hold because short-term trading takes way too much time. If you can make living of it and quit main job - I'm envious. For me it didn"t work. Spend a couple of months to get into trading deeper end of last year and still felt like I was missing the point or just was unlucky.
Now only long-term side-time investments

mammusu

hero member

Activity: 1204

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Leading Crypto Sports Betting & Casino Platform

It's depend on the market situation to do that holding btc or the shorterm trading.
But I prefer to hold than trading in the shorterm or day trading. I believe that have bitcoin is the big chance to get a earning more.

JPage

full member

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I'm confident that you can't do daytrade all the time, it's very hard to don't lose your power by doing that so often, you will be emotional empty after that, because of impulses of negative and positive emotions

shipon01683

newbie

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you must need so patience and skills. after you can make good profite. day trading , short time trading, and long time trading. i am not professional trader but 4 month over i do trade in marketplace. i do day by day trade beacuse. i have some profite and i need per month good amount. beacuse i support my family. listen if you want to trade day by day , you can but you need very patience and good analysis about , which coin you want to trade. remember if you want to trade day trading you need patience, just examlpe when start btc correction and you need to wait bcz all coin are going down. when coin down minimum -10% after you can buy . and again when coin up +10% you can sell . i think you can make good profite. regular any time all currency can down and up. just wait and see with patincely. i have total $1500 amount. and my per month profite $600 up. i think it's good profite.

it's my own skills. if have wrong my own skills. please explain me seniour person

Thanks

s.mahmood

newbie

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Long term holding is better than short term holding because bitcoin price is very volatile, so price change every moment which very critical for a trader.

mia khalifa

full member

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Quote from: Zerogreens on November 04, 2017, 09:20:41 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 prefer for daily trading because I think daily trading is safer and more profitable, when daily trading you can develop the trading capital you have to buy some other coin so you can buy some existing coin and potentially to be able to generate profits.

margert

member

Activity: 224

Merit: 10

Quote from: Zerogreens on November 04, 2017, 09:20:41 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 trading by day is the best option at the present time, you can see that the price of bitocin in the past days is constantly fluctuating and difficult to predict, so that it can successfully trade and low risk you need to have a specific trading plan so that you can handle every situation that can happen and not be too heavy losses.

Fatunad

sr. member

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Quote from: Xising on May 02, 2018, 06:33:04 PM

Quote from: Zerogreens on November 04, 2017, 09:20:41 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 would prefer holding mate. It's the passive approach and as much as you can earn more by day trading. It is also so much more risky compared to holding that not everyone is fit to pursue that kind of venture. It may be easy to do on paper, but there are so many considerations one must take before being settled and a pro in trading. So, for me, who can't spend much time to learn all that, I just stick to the safer venture and that is holding.

This is actually true which you would really need up to learn lots of things into trading before you would able to suit out yourself on doing day or active trading.Some people might done it but it isnt really easy.Risk factor is high and they do already aware on that one and they do embrace the possibilities on losing big money on short timeframe.I guess the thing that boost up their dedication is on the reward given which is really decent compared on just holding bitcoin alone.

bosimpson54

member

Activity: 271

Merit: 10

Quote from: Zerogreens on November 04, 2017, 09:20:41 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 not trade long-term bitcoin at this point, you can see that the bitcoin price in the past few days has increased but in long term, bitcoin prices are still in the bearish cycle so this is only is uptrend in short. Therefore, you need to be very careful when trading bitcoin, so trade short term.

Topic: Holding BTC vs Day trading or short term trading. - page 6. (Read 2764 times)