Topic: If you want to choose: "HODLING or DAY TRADING" which one? - page 2. (Read 500 times)
in my opinion, I do not like daily trading, I prefer to choose to hold for long term because I want to play it safe and I want to get a better profit in the future.
I am a risk taker so day trading would be the best choice for me,holding wont give you good results if you want to maximize your potential profits why not trade and make money using your assets? there will be much difference between trading and just waiting for some kinda miracle to happen in the market keep in mind that the banks are controlling bitcoin's value which is why we shouldnt expect too much.
basically, it all depends on the price of the coin in the market. if the price is good to do day trading then i will do it. but if I think the market is not supporting then I would prefer to hold my coins. for me to do day trading when the price is down has a big risk, especially we will get the loss.
as a BitcoinHodler it is obvious what i have chosen to HODL. so i wouldn't get into that anymore.
just want to add to what was said already that you don't have to necessarily force yourself to only choose one. you can do multiple strategies and make profit from all of them.
for example i am buying and holding bitcoin while i do some altcoin day trading and sometimes even day trade bitcoin mainly during times when i can predict the market easily (when it is most predictable).
you can also add margin trading and short altcoins that are getting dumped hard to make even more profit.
just want to add to what was said already that you don't have to necessarily force yourself to only choose one. you can do multiple strategies and make profit from all of them.
for example i am buying and holding bitcoin while i do some altcoin day trading and sometimes even day trade bitcoin mainly during times when i can predict the market easily (when it is most predictable).
you can also add margin trading and short altcoins that are getting dumped hard to make even more profit.
If you want to choose: "HODLING or DAY TRADING" which one do you prepare to choose? as we all know that Hodling is only for those who has long patience because hodling is boring and idle while some are thrilled with day trading and continuously aiming at the prospected profit! don't hesitate to drop your perspective here.
Well many people have had this argument over which is better and honestly, i think it's up to how a person sees and reacts to the market and his capital. I personally think hodling has lesser risks since it has lesser movement but certain people can develop skills to make them efficient in reading the market.
This is touch question !
I personally will choose Day trading (well, actually it is swing trading). In this volatile market of cryptos, if you follow some coin closely and be patient enough, you will surely make money.
If you choose holding, be sure to set an exit rate to avoid bag holding.
I personally will choose Day trading (well, actually it is swing trading). In this volatile market of cryptos, if you follow some coin closely and be patient enough, you will surely make money.
If you choose holding, be sure to set an exit rate to avoid bag holding.
It all depends on the coins you choose. Some coins are not suitable for day trading, as they do not have high volatility, but in the long-term period they will grow strongly.
Holding is good if the market is bullish, but if the market is slow and is moving sideways then go for day trading. With it you can multiply your coins. I have been using these tactics and been got reasonable success.
If you want to choose: "HODLING or DAY TRADING" which one do you prepare to choose? as we all know that Hodling is only for those who has long patience because hodling is boring and idle while some are thrilled with day trading and continuously aiming at the prospected profit! don't hesitate to drop your perspective here.
I choose holding because I do not have the skills to day trading, I don't have skills technical analysis. Especially holding for me is a less nervous process that does not require much time.
Holding is a good deal, but not always profitable, because you don't know if it will grow or contrariwise drop to zero. And day trading may bring to you more profit. Money need to work but not to wait. But you need to be very careful and don't make hasty decision
Actually to be honest if I want to pick or choose one it would be holding(or HODL) why? today is a sign, a possible sign that bitcoin value and other altcoin will rise to the moon. Which means you money will rise the percentage or double while the market value slowly do its best to make you holders or traders happy. Still to be honest trading and holding is good.
If you want to choose: "HODLING or DAY TRADING" which one do you prepare to choose? as we all know that Hodling is only for those who has long patience because hodling is boring and idle while some are thrilled with day trading and continuously aiming at the prospected profit! don't hesitate to drop your perspective here.
I am a long-term holders and I have been holding some of my tokens for long and some of them more than 1 year now. Trading is good but you have to know how it works before you can actually makes good money from it. Trading is very risky and you should learn how to trade before investing. 
Just hodling is for newbies and people who are busy with their own job and have no time to give towards crypto but want's be be a part of the expansive economy.
If you really want's to make a profit, has the learning skill and a good liquidity than day trade is the job for you.
If you really want's to make a profit, has the learning skill and a good liquidity than day trade is the job for you.
I would choose HODLING, because in my opinion it's less exciting and uncomplicated, and brings more profit than DAY TRADING.
I prefer holding because it has many advantages one of them does not require much time to trade. it is suitable for long-term investor type.
Holding any day, This is not to say that day trading has no meaning or value but its just a matter of preference, HOLDING GIVE the coin lots of room to grow as the development team works on improving the coin value overtime, hence attracting more value in the long run
No need to choose because all are possible like they good for invest to earn here OP and if you post that you get bored in long term i think we have different feeling and want so if you like that then do that still i suggest you to hold some as a trader too then actually i only earn here in long term like a few months and not in day trading,Moreover try all ways to earn here that's all i can say
Day trading for professionals gives a good income, because the cryptocurrency market is very volatile! But if you are not a professional, it is better not to do it. It is better to keep coins and half of the capital in bitcoins!
holding is only good if the coin you are holding is a good one with real future, low risk, big rewards. and so far i only know of bitcoin that fulfills these conditions. this means i only find day trading a viable option for altcoins.
based on my experience i am making a lot more profit when i trade altcoins in short term only which is why i am going to stick to it, in the end the only important thing is whether you are successful in the strategy that you choose not the strategy that someone else uses. maybe the strategies i use is not good for someone else or vice versa.
based on my experience i am making a lot more profit when i trade altcoins in short term only which is why i am going to stick to it, in the end the only important thing is whether you are successful in the strategy that you choose not the strategy that someone else uses. maybe the strategies i use is not good for someone else or vice versa.
If you want to choose: "HODLING or DAY TRADING" which one do you prepare to choose? as we all know that Hodling is only for those who has long patience because hodling is boring and idle while some are thrilled with day trading and continuously aiming at the prospected profit! don't hesitate to drop your perspective here.
I will choose both of the methods. In fact hodling will become a very good thing if you can choose the coin which still has so many rooms to growth in the future. the fact that the trade will give you a regular income as long as you can try to manage your own trade activity properly. Jump to: