Author

Topic: Short Term or Long Term (Read 3805 times)

hero member
Activity: 3052
Merit: 685
May 10, 2017, 12:10:08 AM
#85
I would go for long term trading. I can say that its really good and applicable for me. I used to learn from being a panic seller and managed to become a short term or day trader. But I'm upgraded right now and I can say thay long term trading is applicable for me because I can handle my emotion and I'm not the same anymore.

these two strategies are not separate from each other so you don't exactly need to only choose one for your trading strategies. you can do both and also remember that different markets require different type of approach.
for example you can do day trading in both altcoin and bitcoin market but long term investment only works with bitcoin and not a single altcoin is good for that.
Just follow the trend and you shall succeed, now that bitcoin is getting its good value most altcoins are currently on dump, you can buy now and expect to make profit again once bitcoin starts to neutralize, it's a hard job to do really if you are doing it for short term trades.

However, if you look for long term trade, technique that I used is I buy at dip and keep it longer, it gives me success doing it, just be patient to wait.
hero member
Activity: 770
Merit: 500
Bazinga!
May 09, 2017, 10:24:57 PM
#84
I would go for long term trading. I can say that its really good and applicable for me. I used to learn from being a panic seller and managed to become a short term or day trader. But I'm upgraded right now and I can say thay long term trading is applicable for me because I can handle my emotion and I'm not the same anymore.

these two strategies are not separate from each other so you don't exactly need to only choose one for your trading strategies. you can do both and also remember that different markets require different type of approach.
for example you can do day trading in both altcoin and bitcoin market but long term investment only works with bitcoin and not a single altcoin is good for that.
hero member
Activity: 3080
Merit: 603
May 09, 2017, 10:06:43 PM
#83
I would go for long term trading. I can say that its really good and applicable for me. I used to learn from being a panic seller and managed to become a short term or day trader. But I'm upgraded right now and I can say thay long term trading is applicable for me because I can handle my emotion and I'm not the same anymore.
sr. member
Activity: 784
Merit: 250
May 09, 2017, 09:43:28 PM
#82
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

Those are both really gives us really profit actually, I don't see any of them that are not good they're both profitable.
But if you really want to harvest a big profit, holding in a long term is the best choice to do it, than day trading although it is profitable and quick to earn but it has risk involved only, unlike in long term you just need to be patience only and nothings else to be follow.
hero member
Activity: 896
Merit: 514
May 08, 2017, 10:31:58 AM
#81
Thanks for all the information within this topic.

My personal view :

Trade on multiple platforms both short and longterm. Also do not be affraid to take your investment out from a coin which you want to trade shortterm, BUT  atleast a part of the actual profits within the coin and use it for longterm. Lets say that coin explodes.. you make even more profits on the long run.

Also try to think allong, sometimes a coin which you want to trade for long term can change in a way that it's smarter to use it as a short term trading coin.



If the coin does explode (better word would probably be "pump"), grab the opportunity to sell it and then long it on stabler and well traded coins. This is assuming you invest on those super volatile coins and wait till it does pump. In most cases, all coins will go up, it's just a matter of time. Though this is not always true in all coins, however I often see this in Poloniex since most coins there are all active.
newbie
Activity: 21
Merit: 0
May 08, 2017, 10:22:47 AM
#80
Thanks for all the information within this topic.

My personal view :

Trade on multiple platforms both short and longterm. Also do not be affraid to take your investment out from a coin which you want to trade shortterm, BUT  atleast a part of the actual profits within the coin and use it for longterm. Lets say that coin explodes.. you make even more profits on the long run.

Also try to think allong, sometimes a coin which you want to trade for long term can change in a way that it's smarter to use it as a short term trading coin.

sr. member
Activity: 966
Merit: 274
May 08, 2017, 09:56:35 AM
#79
For me, Try the same method if you know the coin has a potential to get high value on long term try to hold it and bring extra capital for the short term method or Day trading.
Example you have 1Btc in tour wallet.
use 0.5btc for long term method and use 0.5btc for Day trading method it gives you a huge profit or Sell the coins you holding if you know that theres a retracement or a rebuy and buy it again when the prive has decreased.
Having an option on a trading is a good way to lessen the risk. If you ae going to choose between long term or short term trading, remeber that in trading it does not matter the specif term you will get into the trading what really matter the most is how you are going to manage you trading. Always remeber the basic trading method the price monitor that may help you on determing what decision you will do. Just work hard and have dedication for your tradings to earn.
sr. member
Activity: 1484
Merit: 323
May 08, 2017, 09:19:33 AM
#78
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?
For me both of them are profitable and good but in case of earning I will prefer the long term because the long term can bring you a lot of money just hold the right and trusted coin to get a huge money to it because some of coin are not profitable so I will choose long term. And another long term investment have a low risk of losing.
sr. member
Activity: 1876
Merit: 289
Zawardo
May 08, 2017, 07:41:18 AM
#77
For me I prefer short term at least I can earn a little then wait for going down. Long term is good but we don't know in the future that this coin will be dead or pumping.
legendary
Activity: 1456
Merit: 1005
May 08, 2017, 07:30:10 AM
#76
I think short term and long term is good you can earn what any you choose this. In short term you earn also but a little only because you hold it for few weeks only . In longtern you earn a lot of money because they have possible your money become ten times but you need to hold it for few months or may be a year before you sell it. But longterm is more good than shorterm.
To see the present price of Bitcoin you are saying long term investment is good because after some years the price will be doubled that is your confidence. But suppose if the price goes down like how it happened in 2013 and 2014 what we will do? Do you think people have the patience to wait for many years? I think no so short term investment is best the profit is less but instant money.
sr. member
Activity: 1624
Merit: 267
May 08, 2017, 03:51:37 AM
#75
I think short term and long term is good you can earn what any you choose this. In short term you earn also but a little only because you hold it for few weeks only . In longtern you earn a lot of money because they have possible your money become ten times but you need to hold it for few months or may be a year before you sell it. But longterm is more good than shorterm.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
May 08, 2017, 03:22:03 AM
#74
But how do you prefer to trade? Especially when trading alts.

I prefer to trade for a longer term and this is what I've been doing when I started to enter trading.

Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?

Yes, I'm only choosing those coins that has the potential to pump because I know it will give me good profit in the end for holding it for a longer term.

Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

I did day trading but the profit is not that really good for me as I don't have enough time for monitoring it.
hero member
Activity: 504
Merit: 500
May 08, 2017, 02:14:16 AM
#73
For me both type are working well in terms of bitcoin so it depends on your economy if you can save your money for longer time then keep it in bitcoin you will get mote benefit and if you cannot keep for longer then relying on the fluctuations you can buy and sell for short term. while in altcoin I will say you g only for short term.
yes that is right that it depend on you economic condition also. if your economic condition is good and you can afford to hold a big amount bitcoin with you for a long time the can really get a good profit after some time. i think long term investment is too good but you need to have a good amount of bitcoin and can get a good profit after some time.
hero member
Activity: 490
Merit: 500
May 08, 2017, 01:16:13 AM
#72
Most of traders prefer short term trading in altcoins.Altcoin markets are highly volatile and many coins get disappeared in the long run.So short term trading would be better.But there are few coins which have good potential and exist in the market for years.They could be selected as a long term investment.But only bitcoin would suit best for long term investment and altcoins for short term investment.
hero member
Activity: 1918
Merit: 564
May 08, 2017, 12:52:24 AM
#71
I think for Bitcoin profit, long term is better than short term since bitcoin is inclined to increase in price in the long run.  This increase is fueled by government recognition to bitcoin as money, people adoption and company getting involved to Bitcoin economy.  I can see an exponential growth in price once every government see bitcoin as money and legalized its usage.  We can see the result when Japan acknowledge Bitcoin and major company  get involved too.  People come buying with FOMO in their mind that push btc price to surge up.
hero member
Activity: 588
Merit: 541
May 07, 2017, 08:28:19 PM
#70
For long term trading you gotta have a lot of coins as much as when the price moves even %2 you could get a decent profit, unlike day trading which usually consist of penny trades.

Recently trading ETH-DASH-DOGE is a good choice if you ask me.
But some times Lisk can give you a decent profit if you know how and when to enter a position.
For us poor people the best option is day trading with penny profits.
legendary
Activity: 1302
Merit: 1027
May 07, 2017, 07:02:25 PM
#69
In trading I prefer short-term investments. Because by choosing a short-term investment then I can earn income every time. I need money to live, so I will not wait long for money. Each person must have a different opinion. And I choose short-term investments as the top choice.
yeah there is many people like to short term investment but nowadays i think long term investment is much more better when we choose the long term investment then we can get a big profit and short term invest can give us low profit if someone try to gain a big profit then they can go to long term investment.

It is not correct always that long term investment gives good returns, if you are playing with altcoin then you have to see the project of that coin and then according to it you have to decide the investment plan but for bitcoin everything is possible according to the trader.
hero member
Activity: 1022
Merit: 538
May 07, 2017, 06:46:01 PM
#68
In trading I prefer short-term investments. Because by choosing a short-term investment then I can earn income every time. I need money to live, so I will not wait long for money. Each person must have a different opinion. And I choose short-term investments as the top choice.
yeah there is many people like to short term investment but nowadays i think long term investment is much more better when we choose the long term investment then we can get a big profit and short term invest can give us low profit if someone try to gain a big profit then they can go to long term investment.
sr. member
Activity: 378
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
May 07, 2017, 06:35:26 PM
#67
It seems like it depends on how much fluctuation there is in price. If the price has big price changes in a short period of time then short term trades may be better.
sr. member
Activity: 546
Merit: 250
kittiefight.io Combat MMO Lending Jackpots
May 07, 2017, 05:59:16 PM
#66
I don't really know what kind of trading term I should take,
But if I do have a huge capital I would prefer the long term trading but since I only have the small amount I would try the short term,
So I could see my profit in just a few hours or day.
The capital is the most important thing you need while trading and there are different ways to trade but you really do not want a really huge sum of money to trade,a couple of hundred dollars is more than enough to begin with and you can use arbitrary method with the amount of exchanges we have the opportunity is really high to see a price difference between exchanges.I prefer to trade according to the market sentiments rather than looking for the long haul.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
May 07, 2017, 05:54:41 PM
#65
trading bitcoins or altcoins is becoming very hard and unpredictable whether Short Term or Long Term the result is almost the same with which ever strategy you choose to go with, that is the reason why alts that promise to pay an interest for holding coins are starting to bare fruit and imo is the best way solution for a decent ROI.
sr. member
Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
May 07, 2017, 05:18:50 PM
#64
I don't really know what kind of trading term I should take,
But if I do have a huge capital I would prefer the long term trading but since I only have the small amount I would try the short term,
So I could see my profit in just a few hours or day.
full member
Activity: 169
Merit: 102
May 07, 2017, 05:13:36 PM
#63
For me both type are working well in terms of bitcoin so it depends on your economy if you can save your money for longer time then keep it in bitcoin you will get mote benefit and if you cannot keep for longer then relying on the fluctuations you can buy and sell for short term. while in altcoin I will say you g only for short term.
MMA
legendary
Activity: 1134
Merit: 1000
May 07, 2017, 04:52:03 PM
#62
For me, Try the same method if you know the coin has a potential to get high value on long term try to hold it and bring extra capital for the short term method or Day trading.
Example you have 1Btc in tour wallet.
use 0.5btc for long term method and use 0.5btc for Day trading method it gives you a huge profit or Sell the coins you holding if you know that theres a retracement or a rebuy and buy it again when the prive has decreased.
to me everyone  have their own choice but to me i think long term investment has more advantages as compare to short term investment. in short term investment there is always risk of losing money, but in long term investment there are more chances to make money instead of losing your own money.
I agree with you. It's better to have a long term investment that short term investment. Long term investment comes with more benefits for you and you'll be sure enought that in the future you'll be secure than short term invesment that yes can give you earning but you don't know anytime you'll lose it.
in fact the price of bitcoin is trading too high, therefore to me i think long term investment will be more profitable. and specially if you do not have any experience in short term investment, then you do not need to take risk and should try to invest your money for long time, as long term investment is less risky as compare to short term investment.
hero member
Activity: 1302
Merit: 532
May 07, 2017, 04:43:12 PM
#61
It all depends upon the time you are able to spend online,you need patience if you are going to trade on a daily basis and you have to study the market carefully and as long as the market is bullish you will end up in a profit if you are doing day trading but always have an idea about how the coin will peak out and when we can expect a bear rally in the coin. I am holding some coins for the long term while i am having a good bank roll for day trading which i am multiplying faster than the long term investments.
hero member
Activity: 1260
Merit: 524
May 07, 2017, 04:06:37 PM
#60
It is upto the traders way of trading which suits them, but i do some coins for long term and some for short term, as i am seeing that some coins are very good for daily trading as the price fluctuation is high
legendary
Activity: 3542
Merit: 1352
Cashback 15%
May 07, 2017, 03:25:34 PM
#59
Personally I'm a lazy person and I don't really like to dig on things too much except for things that I do really like. Bitcoin, though I amreally fascinated by it, I easily get annoyed by shorting and I sometimes lose money, thinking that it isn't worth my time or effort.Tbh, this is the first time that I've seen an asset to gain value faster than any other commodities in this world, which gave me hope to do passive wealth building. I like to hold on for the long term since I won't even bother checking the price every so often but likes on peeking onto it whenever it increased dramatically.
hero member
Activity: 798
Merit: 506
May 07, 2017, 03:19:27 PM
#58
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?
I divide into short trading and long term depend on what coin we're talking about.
We know there are some coins which has shown significant increase within months or years, has been around for years and still growing, then it could be hold for long term. And other coins, brand new and always fluctuate for short term obviously.
legendary
Activity: 1554
Merit: 1054
May 07, 2017, 02:32:10 PM
#57
i should add that the definition of "short-term" and "long-term" needs to be clear. for example you may invest in an altcoin and hold it for a couple of weeks and call it a long term investment. and that can be true and profitable for you.
or you can call that short term investment compared to holding bitcoin for months or years.
No. The Short-term and long-term are denoting seasons/trends/rally/sentiments. If you are entering into an altcoin and finishing of selling it within one "rally", you made a short term trade.

We are getting one news like bitcoin etf, cryptos see some rally, that is one trend. All the trades made within that trend should be considered as short-term. After etf rally prices found downfall due to bitfinex and scalability issues. This was another trend (but fall down trend).

Long term trades are dealing with many trends. In between time you may face negative price movements too. For example those who bought bitcoins by last Christmas might have experienced many ups and downs. But finally now they got chances to book at least $500 profits per one bitcoin trading. This must be long term. 
full member
Activity: 166
Merit: 100
May 07, 2017, 02:24:08 PM
#56
long term or short investment  depends  on individual and capital availability ,I have been doing both because both are good for me,I sell off when I gain little from my short term and my long term is untouchable,
hero member
Activity: 714
Merit: 501
May 07, 2017, 11:10:29 AM
#55
For me it is better to go for short term rather than long term because we all know that the cryptocurrencies has its own price volatility so it will be easy for a short term trader to gain profits faster than long term trader. I see a lot of movement from the different exchangers and that is what a trader should take advantage to make a profit.
If you are preferring only short-term trading plans, I believe you must stick only with altcoins trading. Bitcoin trading also might be getting you profits in short-term, but the benefit you will be getting in long-term will be multifold than what you will be getting from short-term trading.

I have watched most of the altcoins are getting dumped over time hence I'm not finding long term basis altcoin is profitable.

In summary, bitcoin trading will be working perfect in both short-term and long-term trading but all other crypto currency trading doing good only in short-term as far as I have observed.

i should add that the definition of "short-term" and "long-term" needs to be clear. for example you may invest in an altcoin and hold it for a couple of weeks and call it a long term investment. and that can be true and profitable for you.
or you can call that short term investment compared to holding bitcoin for months or years.
hero member
Activity: 700
Merit: 500
May 07, 2017, 10:07:06 AM
#54
For me it is better to go for short term rather than long term because we all know that the cryptocurrencies has its own price volatility so it will be easy for a short term trader to gain profits faster than long term trader. I see a lot of movement from the different exchangers and that is what a trader should take advantage to make a profit.
If you are preferring only short-term trading plans, I believe you must stick only with altcoins trading. Bitcoin trading also might be getting you profits in short-term, but the benefit you will be getting in long-term will be multifold than what you will be getting from short-term trading.

I have watched most of the altcoins are getting dumped over time hence I'm not finding long term basis altcoin is profitable.

In summary, bitcoin trading will be working perfect in both short-term and long-term trading but all other crypto currency trading doing good only in short-term as far as I have observed.
sr. member
Activity: 1778
Merit: 309
May 07, 2017, 09:56:16 AM
#53
For me it is better to go for short term rather than long term because we all know that the cryptocurrencies has its own price volatility so it will be easy for a short term trader to gain profits faster than long term trader. I see a lot of movement from the different exchangers and that is what a trader should take advantage to make a profit.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
May 07, 2017, 09:53:26 AM
#52
If I have small capital, I will invest long term and if I have large capital I will invest short term because with the small capital, choose long-term investment is a good way to x2 or x3 capital in the future, but if they choose short-term investment, profit is very low and sometimes they may lose money if they choose the wrong place to invest. Short term investment is only suitable for those with large capital, just a small difference in price can also bring them a good profit. However, this is only my opinion, each person will have different reasons and choices
hero member
Activity: 756
Merit: 500
May 07, 2017, 09:40:29 AM
#51
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

Short term if managed correctly can out profit the long term.  If the one doing short term keeps on taking advantage of fluctuation and is very successful with it, then he can multiply his holding, and will definitely beat the one who is holding his coin in long term. 

Hmm, that's true. Because it all depends on the way we think and ingenuity in seeing an opportunity, when we are smart in taking chances then a short term is not a problem. Because what we are looking for is not about short-term or short-term, but how we can take advantage of an opportunity. One more thing, when you want to make a profit then all you have to do is be able to understand and understand how a plot or future something is currently happening. For if it can not do it, then it is quite difficult to make a profit
legendary
Activity: 1596
Merit: 1011
May 07, 2017, 08:37:23 AM
#50
In trading I prefer short-term investments. Because by choosing a short-term investment then I can earn income every time. I need money to live, so I will not wait long for money. Each person must have a different opinion. And I choose short-term investments as the top choice.
sr. member
Activity: 826
Merit: 252
May 07, 2017, 08:31:17 AM
#49
Trade requires only 3 things: business mindset, money, and strategy (short term or long term). For me, short-term or long-term options are made based on market movement analysis decisions. If we make the wrong choice then only the losses will be obtained and it is a big mistake. Improve analytical skills both technically and fundamentally to determine the strategy to be used, but practice and failures are our friends. Be careful in making choices because it will determine our results.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
May 07, 2017, 06:35:30 AM
#48
For me, Try the same method if you know the coin has a potential to get high value on long term try to hold it and bring extra capital for the short term method or Day trading.
Example you have 1Btc in tour wallet.
use 0.5btc for long term method and use 0.5btc for Day trading method it gives you a huge profit or Sell the coins you holding if you know that theres a retracement or a rebuy and buy it again when the prive has decreased.
to me everyone  have their own choice but to me i think long term investment has more advantages as compare to short term investment. in short term investment there is always risk of losing money, but in long term investment there are more chances to make money instead of losing your own money.
I agree with you. It's better to have a long term investment that short term investment. Long term investment comes with more benefits for you and you'll be sure enought that in the future you'll be secure than short term invesment that yes can give you earning but you don't know anytime you'll lose it.

I also use bitcoin for long-term investments. If you think about the fact that I bought the first coins at a price of $ 700, and now I can sell them for 1500, I managed to increase my capital. But I intend to still keep
Most of the small scale bitcoin holders prefer long term holding. The reason is that only on holding specific time period user can profit high, but with big investors even with the minor fluctuations people earn good profit because from each coin a earn a small profit.
hero member
Activity: 1092
Merit: 500
May 07, 2017, 04:27:07 AM
#47
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

There can give you both profit actually, but if you are a typical type of a traders who wants to earn bitcoin more 100%, much better for you to go for a long terms to hold. This is already proven and many or some of the members or community can testify it, those are the bitcoin enthusiast who bought bitcoin when it was 200$ before and now they are harvesting their fruit of their labor for being patience as well.
full member
Activity: 141
Merit: 100
May 05, 2017, 01:30:49 PM
#46
For me, Try the same method if you know the coin has a potential to get high value on long term try to hold it and bring extra capital for the short term method or Day trading.
Example you have 1Btc in tour wallet.
use 0.5btc for long term method and use 0.5btc for Day trading method it gives you a huge profit or Sell the coins you holding if you know that theres a retracement or a rebuy and buy it again when the prive has decreased.
to me everyone  have their own choice but to me i think long term investment has more advantages as compare to short term investment. in short term investment there is always risk of losing money, but in long term investment there are more chances to make money instead of losing your own money.
I agree with you. It's better to have a long term investment that short term investment. Long term investment comes with more benefits for you and you'll be sure enought that in the future you'll be secure than short term invesment that yes can give you earning but you don't know anytime you'll lose it.

I also use bitcoin for long-term investments. If you think about the fact that I bought the first coins at a price of $ 700, and now I can sell them for 1500, I managed to increase my capital. But I intend to still keep
sr. member
Activity: 672
Merit: 250
May 05, 2017, 11:10:29 AM
#45
For me, Try the same method if you know the coin has a potential to get high value on long term try to hold it and bring extra capital for the short term method or Day trading.
Example you have 1Btc in tour wallet.
use 0.5btc for long term method and use 0.5btc for Day trading method it gives you a huge profit or Sell the coins you holding if you know that theres a retracement or a rebuy and buy it again when the prive has decreased.
to me everyone  have their own choice but to me i think long term investment has more advantages as compare to short term investment. in short term investment there is always risk of losing money, but in long term investment there are more chances to make money instead of losing your own money.
I agree with you. It's better to have a long term investment that short term investment. Long term investment comes with more benefits for you and you'll be sure enought that in the future you'll be secure than short term invesment that yes can give you earning but you don't know anytime you'll lose it.
legendary
Activity: 2898
Merit: 1823
May 04, 2017, 09:25:34 PM
#44
That "Long Term" investment in bitcoins isn't guaranteed because as there are chanses of price rising, as are chanses of price fall. So to my mind short term investment like trading daily is better than putting money and waiting years because if your trading is successful, than for example if you get daily 0.8% daily profit which is very possible from bitcoin, than in 10 day you will achieve 8% and if you decide long term, than simply keep bitcoins safe.

Tell me. How much would you have made if you bought and held Bitcoin starting on the year 2012 and compare it if you did short term trading beginning at the same time. I believe long term investing would make much more.
Of course long term investment is the best because bitcoin is keep rising in the few years past and it seems that it will repeat the scenario and bitcoin can reach up to $10,000 price each bitcoin and that is very high price and if we just believe in that and continue to collect bitcoin and keep it for long term then we could possibly earn that high amount.
To reach $10k how many years we have to wait, is this possible in 4 or 5 years. Becasue for me, 10 years waiting is not worth. I don't have extra money to invest in BTC. I want short term profit. Means I will wait for months but not for years. Now it is a good time for investment price is increasing too fast I think it may cross 1600 this weekend it is a nice profit for short time investors.

Then you miss the whole point of investing and what you are doing is really gambling. How much Bitcoin are you effectively trading right now, if you are saying that "you do not have enough extra money to invest"? Maybe what you should be doing is to stop gambling your money in the exchanges and try to find a real job.
legendary
Activity: 2170
Merit: 1427
May 04, 2017, 10:01:05 AM
#43
Short term if managed correctly can out profit the long term.  If the one doing short term keeps on taking advantage of fluctuation and is very successful with it, then he can multiply his holding, and will definitely beat the one who is holding his coin in long term. 

If I purely look at my year results thus far, then trading the volatility has generated me higher profits than simply holding. But the main thing is that you should do both at the same time. Holding doesn't require any attention when your coins sit safely in offline storage. From there you can focus purely on short term trading to benefit from every possible price swing. No point into choosing one of the two when you can do both at the same time. Wink
sr. member
Activity: 1092
Merit: 271
May 04, 2017, 09:03:43 AM
#42
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

Short term if managed correctly can out profit the long term.  If the one doing short term keeps on taking advantage of fluctuation and is very successful with it, then he can multiply his holding, and will definitely beat the one who is holding his coin in long term. 
legendary
Activity: 1232
Merit: 1029
May 04, 2017, 08:26:25 AM
#41
For bitcoin i take it for long term because it has potential and few years has been passed but its still going stronger and like a digital gold. for altcoins i go for short term and i have to monitor it daily for changes of value, the income is not big but good enough.
I guess this is the common practice of almost all the crypto users. Interestingly in recent times the altcoins also is proving the benefits of its long term holding. I guess in the history of altcoins, only in recent times altcoins finding big surge only in recent times. For example, litecoins were finding only downfall even its halving it just got doubled but after some time again prices found downfall.

But now a days even altcoins are getting us significant profits in long term perspective, I guess it would be a new trend and I am not sure how many traders will change their trading portfolio according to this new change.
hero member
Activity: 518
Merit: 500
May 04, 2017, 07:58:38 AM
#40
Usually I used strategy trading altcoins short term if the trend of price is down trend, i used candle chart 5M-15M,
 taking profit although just small profit because the price will be down for long time,
and i used long term strategy if the trend of price up trend, used candle chart 1D-1W because the price will goes up
for long time, so for me depend on the trend of price.
legendary
Activity: 1442
Merit: 1025
May 04, 2017, 07:47:59 AM
#39
what is according to you best practice?
By experience, I learned trading with long-term targets always getting me decent profits compared to day trading. I tried many times intra-day trading but most of the times, I just faced  losses, yes the short-term targets are not working at all for me.

There are many deciding factors for these, but I have concluded for crypto short-term target will not work in our way because identifying a right influencing factor is completely difficult compared to any other trading type. This may be true because there are only very few influencing factors are dominating and deciding the price movements of cryptos.
legendary
Activity: 3080
Merit: 1353
May 04, 2017, 07:38:33 AM
#38
That "Long Term" investment in bitcoins isn't guaranteed because as there are chanses of price rising, as are chanses of price fall. So to my mind short term investment like trading daily is better than putting money and waiting years because if your trading is successful, than for example if you get daily 0.8% daily profit which is very possible from bitcoin, than in 10 day you will achieve 8% and if you decide long term, than simply keep bitcoins safe.

Tell me. How much would you have made if you bought and held Bitcoin starting on the year 2012 and compare it if you did short term trading beginning at the same time. I believe long term investing would make much more.
Of course long term investment is the best because bitcoin is keep rising in the few years past and it seems that it will repeat the scenario and bitcoin can reach up to $10,000 price each bitcoin and that is very high price and if we just believe in that and continue to collect bitcoin and keep it for long term then we could possibly earn that high amount.
To reach $10k how many years we have to wait, is this possible in 4 or 5 years. Becasue for me, 10 years waiting is not worth. I don't have extra money to invest in BTC. I want short term profit. Means I will wait for months but not for years. Now it is a good time for investment price is increasing too fast I think it may cross 1600 this weekend it is a nice profit for short time investors.

For me, 3 years would be enough to wait and see where your investment goes. And 10 years is too long though to get back and profit. Well if you have extra money or if you are really rich, then investment in bitcoin for even 5 years would not be a problem. But for almost all of us who are middle income, 3 years would be suffice. Because we don't really know what the future brings, maybe down the line we have some kind of emergencies that we need to pull our investment because we need money.
legendary
Activity: 1092
Merit: 1000
May 04, 2017, 05:34:59 AM
#37
That "Long Term" investment in bitcoins isn't guaranteed because as there are chanses of price rising, as are chanses of price fall. So to my mind short term investment like trading daily is better than putting money and waiting years because if your trading is successful, than for example if you get daily 0.8% daily profit which is very possible from bitcoin, than in 10 day you will achieve 8% and if you decide long term, than simply keep bitcoins safe.

Tell me. How much would you have made if you bought and held Bitcoin starting on the year 2012 and compare it if you did short term trading beginning at the same time. I believe long term investing would make much more.
Of course long term investment is the best because bitcoin is keep rising in the few years past and it seems that it will repeat the scenario and bitcoin can reach up to $10,000 price each bitcoin and that is very high price and if we just believe in that and continue to collect bitcoin and keep it for long term then we could possibly earn that high amount.
To reach $10k how many years we have to wait, is this possible in 4 or 5 years. Becasue for me, 10 years waiting is not worth. I don't have extra money to invest in BTC. I want short term profit. Means I will wait for months but not for years. Now it is a good time for investment price is increasing too fast I think it may cross 1600 this weekend it is a nice profit for short time investors.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 03, 2017, 11:48:22 PM
#36
That "Long Term" investment in bitcoins isn't guaranteed because as there are chanses of price rising, as are chanses of price fall. So to my mind short term investment like trading daily is better than putting money and waiting years because if your trading is successful, than for example if you get daily 0.8% daily profit which is very possible from bitcoin, than in 10 day you will achieve 8% and if you decide long term, than simply keep bitcoins safe.

Tell me. How much would you have made if you bought and held Bitcoin starting on the year 2012 and compare it if you did short term trading beginning at the same time. I believe long term investing would make much more.
Of course long term investment is the best because bitcoin is keep rising in the few years past and it seems that it will repeat the scenario and bitcoin can reach up to $10,000 price each bitcoin and that is very high price and if we just believe in that and continue to collect bitcoin and keep it for long term then we could possibly earn that high amount.
legendary
Activity: 2898
Merit: 1823
May 03, 2017, 11:28:52 PM
#35
That "Long Term" investment in bitcoins isn't guaranteed because as there are chanses of price rising, as are chanses of price fall. So to my mind short term investment like trading daily is better than putting money and waiting years because if your trading is successful, than for example if you get daily 0.8% daily profit which is very possible from bitcoin, than in 10 day you will achieve 8% and if you decide long term, than simply keep bitcoins safe.

Tell me. How much would you have made if you bought and held Bitcoin starting on the year 2012 and compare it if you did short term trading beginning at the same time. I believe long term investing would make much more.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
May 03, 2017, 12:08:42 PM
#34
That "Long Term" investment in bitcoins isn't guaranteed because as there are chanses of price rising, as are chanses of price fall. So to my mind short term investment like trading daily is better than putting money and waiting years because if your trading is successful, than for example if you get daily 0.8% daily profit which is very possible from bitcoin, than in 10 day you will achieve 8% and if you decide long term, than simply keep bitcoins safe.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
May 03, 2017, 11:57:18 AM
#33


I prefer only short time investments, especially with alts, as the price of altcoins that do not have big markets get dumped very soon. Most of them don't even last for 6 months and the price reaches below 100 sats easily if people only keep dumping their coins. With bitcoins it doesn't happen as there are large number of investors who keep the market going and the number of trades do not allow the coins to get dumped pretty soon.

I want to assume that the altcoins you're referring to are those shitcoins with no aim/product/service. It was during the early days of crypto that Bitcoin clones coins were dumped that way. Right now, The altcoins is growing fast and It's even becoming more larger. I might be a daytrader but I know what coins can be profitable in the long run.

If I want to do short-term trading, I'd do that on yobit where majority of the listed coins are pump and dump coins. Aside from that, I hold coins backed by a solid team and good product for long-term.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
May 03, 2017, 11:49:38 AM
#32
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

Long term or short term will depend on how do I look on a certain coin.

Those coins that will put on the idea of long term holding are those coins who have been in the crypto world for long period of time and already established a correction price after their big price increase due to some manipulations or any related thing to that. On the other hand, coins that will put in the idea of short term are those altcoins that extremely having a heavy price volume per day. Examples are those new coins that is now become available at the exchanges after their crowdfunding.

In the end, we are the one who can decide how we will treat a certain coin whether for long or short term.
legendary
Activity: 2632
Merit: 1094
May 03, 2017, 11:39:33 AM
#31
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

I prefer only short time investments, especially with alts, as the price of altcoins that do not have big markets get dumped very soon. Most of them don't even last for 6 months and the price reaches below 100 sats easily if people only keep dumping their coins. With bitcoins it doesn't happen as there are large number of investors who keep the market going and the number of trades do not allow the coins to get dumped pretty soon.
legendary
Activity: 1036
Merit: 1002
May 03, 2017, 10:39:15 AM
#30
It depends on you but if you were going to ask me like what the op said try both when you had plenty of time focus on trading will give you lots of profit like when you stock coins that has potential to grow every hour and keep those coins important that grow in month.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
May 03, 2017, 08:36:20 AM
#29
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

In general, we can't state the proper thing to do especially when dealing in an altcoin trades. Most of the altcoins are experiencing an intentional price movement resulting for heavy fluctuations so even a trader go for long or short, it can wrecked and destroy their trading strategy. And pointing to the coin potential, we will never know until we will put some money there and learn to find the answer by ourselves.

For now, Bitcoin is the only appropriate currency to deal with long term goals as we all know the answer here. There may be some alts that can considered for long term too but I will not state some of them as I don't want to assume all things. We are playing games here in the first place so learn how to deal with all the risk we will encountered.
hero member
Activity: 3010
Merit: 794
May 03, 2017, 08:28:09 AM
#28
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?
Depends on peoples preference on how he want to see his profits its either for long term or short term but when you are preferring on trading altcoin then mostly itt would end up on long term basis because altcoin doesnt move just like on bitcoin.We never know on when to move but if you do have enough funds you can actually do both things short or long as long you do know how to trader on each method.
hero member
Activity: 1526
Merit: 596
May 03, 2017, 08:25:11 AM
#27
In fact, nobody should say such a thing that the long term trading or short term trading is better then each one.
It is because all is dependant on the type of the trader that is going into the market, some of those are playing on very short positions, and some are doing long-term investments.
Personally I like scalping, where i just set up the stop loss and take profit on 10 pips on forex, and on altcoin trading it is also easy to calculate it.
This technique is on 1minute time frame usually, you need to close your transaction as soon as possibile. I've been using it and as far, it works well for me.
newbie
Activity: 49
Merit: 0
May 03, 2017, 03:01:58 AM
#26
if you altcoin trading is good youre trading system use shor term every day take profit
because altcoin price flutuactive is very high in every day
Yeah but it can also fluctuate in the wrong direction. Better to buy and hold reliable alts IMO!
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
May 02, 2017, 11:51:41 PM
#25
I think the best is short term trade. You can make low profit everyday, but it's more secure, when you see the price isn't going in a good direction you can sell it fast and have a low loss that can be got back soon.
On long term trade you can have a big loss and it will be harder to get back the money you lost... The chance to see it working is lower.
hero member
Activity: 3010
Merit: 629
May 02, 2017, 11:47:46 PM
#24
For bitcoin i take it for long term because it has potential and few years has been passed but its still going stronger and like a digital gold. for altcoins i go for short term and i have to monitor it daily for changes of value, the income is not big but good enough.
legendary
Activity: 2898
Merit: 1823
May 02, 2017, 11:04:47 PM
#23
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

How do you know that short term trading will give you consistent profit every month? There will be times that you will not get anything from the market. If you are a skillful trader then maybe short term trading is for you. For the rest of us, it is safer to do long term investing.
member
Activity: 196
Merit: 10
www.definitelycoolstuffs.com
May 02, 2017, 10:52:32 PM
#22
At first I did short term but when I noticed that almost all of the coins listed on coinmarketcap(top20) seem to go up when you analyze it in a long term basis, I decided to go long term.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 02, 2017, 09:56:30 PM
#21
if you altcoin trading is good youre trading system use shor term every day take profit
because altcoin price flutuactive is very high in every day
Yes altcoin trading is one of the best platform to make profit because it is very easy for you to make profit with that by just having a good amount of capital and having a good knowledge about altcoin trading. You can easily earn up to 10% if you do altcoin trading everyday and that is a lot way better than any investment site.
hero member
Activity: 644
Merit: 500
May 02, 2017, 05:35:26 PM
#20
if you altcoin trading is good youre trading system use shor term every day take profit
because altcoin price flutuactive is very high in every day
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
May 02, 2017, 05:02:24 PM
#19
For me not a good choice to go in day trading is much risky for me base in my experience much better to get a desire set of margin  and try to make a 4 tier from 8% to 50% set of margin once the price was increase you can sell sample 15% of your bitcoin or altcoin and then if it will increase more you can sell the 30% and if the price will increase more the last tier can sell all of your bitcoin and gain the profit wait again to see the price will low.. buy again..

This method works well in my own i just heard this method by basic from someone who doing it in forex i just applied it in crypto currency. just follow the trends and i think the top 20 altcoin in bitcoinwisdom are a good altcoin to hold..
legendary
Activity: 1120
Merit: 1000
May 02, 2017, 04:35:50 PM
#18
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?
I'd like to go with both, Actually, to long the altcoin need a lot of analyzation. I mean the project with a definite roadmap, Expert team, and big community can be determined as long altcoin, In this way, you can call them a long-term investment.
Too short altcoin is very risky, It can get dumped just in a second and you will get stuck on that price.
Too short altcoin will be worthed with a low amount.
i think it is not such an easy job to manage both short term as well as long term investment.because both short term and long term investment have different strategies. as some people have good experience on short term investment, while other people have long term investment. to me my personal experience is in long term investment as i most invest my money fro long term investment.
sr. member
Activity: 632
Merit: 250
May 02, 2017, 01:49:54 PM
#17
There's no doubt, while we're talking about the best source of income which must be safe, reliable then long term will come first. However, one thing is sure, Bitcoins is the best investment. Anyone love at the moment while passing the good time of Bitcoin, so stay safe and just invest in buying Bitcoins in the long run.
Probably can be carried to a small amendment, because every person not only loves the time when Bitcoin comes, namely the finances that he brings. I had never heard about this currency before, but I'm glad today that I'm in this Bitcoin society.
sr. member
Activity: 1066
Merit: 261
May 02, 2017, 01:33:55 PM
#16
There's no doubt, while we're talking about the best source of income which must be safe, reliable then long term will come first. However, one thing is sure, Bitcoins is the best investment. Anyone love at the moment while passing the good time of Bitcoin, so stay safe and just invest in buying Bitcoins in the long run.
full member
Activity: 187
Merit: 100
May 02, 2017, 01:17:20 PM
#15
Bitcoin – long-term investment/trading for sure. Alternative coins – Most of the times, short-term investment. Long-term investments in  altcoins depends on how good that altcoin really is, other than that, none of the altcoins are worth long-term investing, for me.

I, too, do not consider alternative coins as long-term investments. But some of them are good as short-term assets.
Bitcoin is good in both long-term and short-term investments
sr. member
Activity: 1344
Merit: 288
May 02, 2017, 09:13:03 AM
#14
Bitcoin – long-term investment/trading for sure. Alternative coins – Most of the times, short-term investment. Long-term investments in  altcoins depends on how good that altcoin really is, other than that, none of the altcoins are worth long-term investing, for me.
hero member
Activity: 966
Merit: 552
May 02, 2017, 09:07:25 AM
#13
Well I think depend on the trend of price, if trend of price is increasing will be long term investments
because the price will be more increasing but if the trend of price is decreasing will be short term
because the price will be more decreasing, but everything depend on the method of trading from traders
that gives good profit from every trading activities.
legendary
Activity: 1218
Merit: 1000
May 02, 2017, 09:00:35 AM
#12
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?
For me, I prefer long-term trading because with bigger margin of profit. That will make a lot of profit for me. In addition I chose a long-term trading because I have busy, so can not always look at the market. Moreover, holding long-term bitcoins it will be very profitable. If altcoin, I only choose some altcoin that has good potential in the future so it can be profitable if in the long-term. I've also tried daily trading, but the profit I get is small and even has to take a loss. Maybe for me long-term trading is best practice.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
May 02, 2017, 06:54:58 AM
#11
as a bitcoin Hodler my answer is obvious. HODL bitcoin and have a happy life Wink
i have bought bitcoin back in 2014ish when price was $400 and it fell down to $300 then $200 and i was still hodling and buying and then buying some more. then it started rising from $200 to $300 and so on and i was still buying and hodling and buying some more.
to this day i am still buying whenever i have money, it doesn't matter what the price is, tomorrow it will be higher and that's my moto. and for the past years i don't have a single regret and am a lot richer. and will continue to do the same to be even more richer lol.

and as for altcoin trading. it is all good and happy while the market is in full bull mode and all the alts are pumping. but when it stops being good it starts getting ugly and does it pretty fast.
it's all about the experience you gain in trading altcoins. watch the charts a lot. watch the live market. i even say stare at monitor for hours, you will learn a lot. specially during pumps and again during dumps.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
May 02, 2017, 06:48:45 AM
#10
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?
I'd like to go with both, Actually, to long the altcoin need a lot of analyzation. I mean the project with a definite roadmap, Expert team, and big community can be determined as long altcoin, In this way, you can call them a long-term investment.
Too short altcoin is very risky, It can get dumped just in a second and you will get stuck on that price.
Too short altcoin will be worthed with a low amount.
sr. member
Activity: 910
Merit: 251
May 02, 2017, 03:53:48 AM
#9
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

Actually, when trading altcoin it is really much profitable to buy then hold it in a long term. Although short term also was good one to gain it but there is risk involved anyway.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 01, 2017, 08:23:50 PM
#8
Because of work, I do not have time to do day trading. So I normally go for long term investment on bitcoin and altcoin. But to do this, you have to do a lot of reading and research on the coins you want to invest. Fortunately, I can do that on my free time.
Great balance, that is true that long term investment is good for the people who are looking for a profit but not only small or decent but huge profits. Research is always applied in any kind of investment or buying scenario especially in bitcoin and also altcoin because in altcoin you can find a lot of coins out there but only few of them are profitable so you need to do research to find out and buy that coin and hold it for long term and expect huge profits.
legendary
Activity: 2240
Merit: 1069
May 01, 2017, 08:10:27 PM
#7
Because of work, I do not have time to do day trading. So I normally go for long term investment on bitcoin and altcoin. But to do this, you have to do a lot of reading and research on the coins you want to invest. Fortunately, I can do that on my free time.
legendary
Activity: 1638
Merit: 1046
May 01, 2017, 06:59:27 PM
#6
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?
Both choices is the best day and long terms is the good choice. and choosing an altcoin in the top 20 is one of the good maybe less risk than choosing a new release or ICO's coins that most of them are scam..
Better to try and test in top 20 altcoin if you are not making any profit you should change your ways in trading to make a good profit.. it is always try and test before you can be successful.
sr. member
Activity: 1190
Merit: 306
May 01, 2017, 06:46:31 PM
#5
Man, look at what the market in bitcoin is doing and that'll give you your answer.  Go LONG.  HODL.  And don't look back, just buy and hold.

Don't think we're due for a crash.  We going to party like it's 2013!!
hero member
Activity: 588
Merit: 500
May 01, 2017, 06:38:37 PM
#4
For me, Try the same method if you know the coin has a potential to get high value on long term try to hold it and bring extra capital for the short term method or Day trading.
Example you have 1Btc in tour wallet.
use 0.5btc for long term method and use 0.5btc for Day trading method it gives you a huge profit or Sell the coins you holding if you know that theres a retracement or a rebuy and buy it again when the prive has decreased.
to me everyone  have their own choice but to me i think long term investment has more advantages as compare to short term investment. in short term investment there is always risk of losing money, but in long term investment there are more chances to make money instead of losing your own money.
sr. member
Activity: 958
Merit: 265
May 01, 2017, 05:36:55 PM
#3
For me, Try the same method if you know the coin has a potential to get high value on long term try to hold it and bring extra capital for the short term method or Day trading.
Example you have 1Btc in tour wallet.
use 0.5btc for long term method and use 0.5btc for Day trading method it gives you a huge profit or Sell the coins you holding if you know that theres a retracement or a rebuy and buy it again when the prive has decreased.
hero member
Activity: 714
Merit: 501
May 01, 2017, 10:14:40 AM
#2
for bitcoin long and for altcoins short term investment.

i have tried looking for good altcoins and believe me when i say i have wasted a lot of time looking. but finally i gave up and now i am always happy because i buy them for short period of time and dump them as soon as possible this way my mind is always at ease and when they get dumped i get extra happy because i have gotten out so long ago!
hero member
Activity: 714
Merit: 500
May 01, 2017, 08:12:57 AM
#1
Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?
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