What is better - cryptocurrency trading or investing? - page 16.

jossiel

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Quote from: AndySt on August 13, 2021, 07:59:17 PM

Quote from: jossiel on August 13, 2021, 07:46:45 PM

Quote from: Rahman11 on August 12, 2021, 02:36:05 PM

Holding is better than trading only for major coins like bitcoin ethereum ltc, but otherways day trading is better than holding for other cryptocoins.

Day trade those altcoins that suddenly pump and you can get decent profit from it if you know how to ride.
I agree holding those major coins, they're the best to invest with. Bitcoin is the top choice and it should be the main part of your investment in crypto.

It all depends on the individual, his character and skill. It is no secret that different people can have different results in different types of activities and cryptocurrencies are no exception about this. In theory, trading can bring much more income than investing, but trading requires much more involvement in the process and constant decision-making, and all this can take much more time than investing. Therefore, I would not recommend this type of activity to people with a weak nervous system and not quite confident in their abilities and with little experience. Fast money can require a lot of nerves, so once again think about whether you need this and whether it is worth it.

That's in theory.

But doing a self experimentation, you'll say what you have to say when it is you that's doing the deed. I've done day trading before and I'm not really good at it so I left it and chose to be an investor and holder.

Well, right now, my life's better and stress free while watching the profits come.

andeluna

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Quote from: ashleyknight on July 12, 2021, 02:48:21 AM

I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?

its up to you of how do you think will gain more profit in by investing or in by trading if you are good and have knowledge by trading i prefer you to trade because in trading you will gain profits immediately unlike by holding a crypto you need lots of patience of when it will go to the moon for example today BTC and ETH pumping its value so its a good time to sell your holding crypto or you can still hold it if you think it will get more higher value in the next next month.

24Kt

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Quote from: AndySt on August 13, 2021, 07:59:17 PM

Quote from: jossiel on August 13, 2021, 07:46:45 PM

Quote from: Rahman11 on August 12, 2021, 02:36:05 PM

Holding is better than trading only for major coins like bitcoin ethereum ltc, but otherways day trading is better than holding for other cryptocoins.

Day trade those altcoins that suddenly pump and you can get decent profit from it if you know how to ride.
I agree holding those major coins, they're the best to invest with. Bitcoin is the top choice and it should be the main part of your investment in crypto.

It all depends on a particular person, his character.

Aside from his character, his skills towards trading or investing. Not all people are good in trading because it requires some skills to execute profitable trades. Whereas, some people are just contented to hold and wait for the right timing to sell their coins. It depends on your skills and experience in this market. Don't rely from others' advice because you should follow your instincts as no one is to blame with your action but yourself.

AndySt

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Quote from: jossiel on August 13, 2021, 07:46:45 PM

Quote from: Rahman11 on August 12, 2021, 02:36:05 PM

Holding is better than trading only for major coins like bitcoin ethereum ltc, but otherways day trading is better than holding for other cryptocoins.

Day trade those altcoins that suddenly pump and you can get decent profit from it if you know how to ride.
I agree holding those major coins, they're the best to invest with. Bitcoin is the top choice and it should be the main part of your investment in crypto.

It all depends on the individual, his character and skill. It is no secret that different people can have different results in different types of activities and cryptocurrencies are no exception about this. In theory, trading can bring much more income than investing, but trading requires much more involvement in the process and constant decision-making, and all this can take much more time than investing. Therefore, I would not recommend this type of activity to people with a weak nervous system and not quite confident in their abilities and with little experience. Fast money can require a lot of nerves, so once again think about whether you need this and whether it is worth it.

jossiel

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Quote from: Rahman11 on August 12, 2021, 02:36:05 PM

Holding is better than trading only for major coins like bitcoin ethereum ltc, but otherways day trading is better than holding for other cryptocoins.

Day trade those altcoins that suddenly pump and you can get decent profit from it if you know how to ride.

I agree holding those major coins, they're the best to invest with. Bitcoin is the top choice and it should be the main part of your investment in crypto.

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Quote from: ashleyknight on July 12, 2021, 02:48:21 AM

I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?

Investing can give a lots of profits especially if you are holding a large sum of cryptocurrency whether for long term purpose or short term. The big investors could make much from just holding a coin for few days especially if the market is positive.

Rahman11

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Holding is better than trading only for major coins like bitcoin ethereum ltc, but otherways day trading is better than holding for other cryptocoins.

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Investing all the way, if you think about it, trading has more risks than investing since it's an active one compared to investing where you just have to hold out on your investment and have faith in the market that the prices are going to go up in the long-term. So, it's a no-brainer for me to choose investing over trading.

King Khaizan

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I think it depends on taste.

Traders or investors will usually claim that their respective styles, trading or investing, are better than others. Basically, this investment style usually depends on conditions, risk profiles to the unique and different personality of each person.

Whatever the choice of a suitable and convenient way for stock market participants, the important thing is to be consistent in generating profits.

Cindella

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In the crypto market, Bitcoin is relatively the safest and most valuable. Compared with other altcoins, the risk is relatively small. Long-term investment in Bitcoin is better and more profitable.
Since everyone's trading ability and results are different, intraday trading does not always make a profit. You can profit from trading by analyzing market trends, and you will have the opportunity to make more profits.

Smartvirus

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Quote from: Charot12345 on August 11, 2021, 10:48:12 AM

Quote from: ashleyknight on July 12, 2021, 02:48:21 AM

I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?

Regarding on that question, most people say that it was better to hold and make it your investment because the value of bitcoin always increases, though it falls sometimes but it has really great potential and very profitable in the future.

Bitcoin increase potential is a proven fact. It almost seems that, one can never lose or have his or her bitcoin value depreciate from hodling but that is dependent. Dependent on how well and how long you've been able to hodl. Some guys just sell with the slightest fall on market price and like that, you find them selling a completing depreciated bitcoin thereby, loosing most of its value.
Trading on the other hand is a completely different story. What trading requires most of all aside form funds to use for capital is experience. An experience that can only come from the time you've spent in trading or interacting with the market. This is your deal breaker from loses as, its a highly professional field.

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Quote from: nightxglow on August 10, 2021, 05:54:05 AM

This is just my opinion, but i guess you could do both. I mean, if it's for bitcoin, i think that it will be better for you to use if for investment, since bitcoin value is quite high, and it's so potential that the price might go up again and again. So i just think that it's such a great choice for investment. Meanwhile, you can find other altcoins that are more volatile and have high volume of transactions, i mean those that are easy to buy and sell. It'll be good for trading, since it's liquid. You can still trade and gain profits from your trading using those altcoins instead of bitcoin. If you can do both, why choose only one, right?

You are right, I have always said that the safest investment in the world is that of BTC, altcoins are much riskier, however many options and technologies such as Defi are emerging, under which many coins shine that have attracted a lot of community and investors.

I think that this BTC market the best option to buy alts is when the bullish trend has been confirmed, at that time it is safe to invest in altcoins, and when many call it the "Alts Season" since they can rise between 2x, 3x, 5x some up to 10x, at that time it is the safest option to invest and diversify money in crypto, of course there are other strategies, only this is the safest.

Charot12345

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Quote from: ashleyknight on July 12, 2021, 02:48:21 AM

I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?

Regarding on that question, most people say that it was better to hold and make it your investment because the value of bitcoin always increases, though it falls sometimes but it has really great potential and very profitable in the future. So it was better to hold. But if you need it already, I think you can just trade a portions of it then leave the others for investment and just hold it.

nightxglow

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This is just my opinion, but i guess you could do both. I mean, if it's for bitcoin, i think that it will be better for you to use if for investment, since bitcoin value is quite high, and it's so potential that the price might go up again and again. So i just think that it's such a great choice for investment. Meanwhile, you can find other altcoins that are more volatile and have high volume of transactions, i mean those that are easy to buy and sell. It'll be good for trading, since it's liquid. You can still trade and gain profits from your trading using those altcoins instead of bitcoin. If you can do both, why choose only one, right?

jossiel

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Quote from: South Park on August 09, 2021, 06:41:13 PM

In fact the evidence is clear, trading as a way to make money in the markets is better than investing, this is not an opinion this is a fact, as a good trader by definition can outperform the profits given by the market and as such outperform any investor, however this is not easy to do and probably less than 5% of traders can do that which is why you see many more people defending investing because the group of investors that are successful is larger than the group of traders that are successful.

Only the best traders can do this.

That's why for me where I am better is where I am staying. And that's with investing and holding, however that doesn't mean that I won't commit some trades.

I'll still do.

nicecrypto

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Quote from: ashleyknight on July 12, 2021, 02:48:21 AM

I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?

For me I would say basically since you say you are a day trader then you most be good at day trading this means you would be able to make most even if not all of the profits in-between the ups and downs of the day. However, if you are not very good at trading, then you might consider HODLing for a while. Both methods are actually ok to me but it actually depends on what is convenient for you, I don't day trade as much but will take a trade if I feel the market is right.

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Quote from: monineklutak on August 06, 2021, 02:18:49 PM

Quote from: albon on August 06, 2021, 12:49:42 PM

Quote from: ashleyknight on July 12, 2021, 02:48:21 AM

I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?

It is better to set a goal to sell and hold bitcoin in the long term because trading requires experience and learning and if you trade and you are a beginner, there is a possibility of losing your coins, There are YouTube channels and sites that will help you learn to trade, but I see that investing does not require anything but a review of the market first and this will be the best choice for you.

It's true whether trading or investing it takes experience because that's the important thing,
maybe for a beginner it's better they continue to learn and try little by little so that the risk is not too big,
apart from that it all comes back again the decision depends on them

You can only win if you have both knowledge and experience. Both trading and investing carry risk; however, we cannot say that investing is risk-free because you should research or gather information about the investment before making a decision because it may result in a loss. It is essential to learn before trading in order to predict the market. There are two strategies for trading: fundamental and technical, both of which are effective. However, I would recommend that you gain experience in order to predict the market.

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For trading and investing each have advantages, disadvantages, characteristics, and mechanisms. Investment should be made based on current capabilities and situation because if you push yourself too much to get big profits in a short time, it will be detrimental and give you a high burden.

Exactly but the thing is, when you weigh the two, one tends to outshine the other, that's why I like the concept of holding but sometimes, it's very difficult to watch your balance get swing around by market value and you wouldn't be able to do anything.
Trading also has it own side effects, you will have the opportunity to get in a position, make your profit and move on regardless of how the market moves but one tend to loose when they pump without been in the market.
I think, holding abd trading should go together instead. Kiss

South Park

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Quote from: jakdanyel on August 05, 2021, 05:57:41 PM

There is no certain belief about this actually. People who have a lot of experience in day trading can claim that it is the best way. And HODLers who have invested a lot so far and make a great profit can claim that it is the best one. But these are both opinions of course. It's up to you to choose the best one for you by trying out both of these ways.

In fact the evidence is clear, trading as a way to make money in the markets is better than investing, this is not an opinion this is a fact, as a good trader by definition can outperform the profits given by the market and as such outperform any investor, however this is not easy to do and probably less than 5% of traders can do that which is why you see many more people defending investing because the group of investors that are successful is larger than the group of traders that are successful.

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Quote from: albon on August 06, 2021, 12:49:42 PM

Quote from: ashleyknight on July 12, 2021, 02:48:21 AM

I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?

It is better to set a goal to sell and hold bitcoin in the long term because trading requires experience and learning and if you trade and you are a beginner, there is a possibility of losing your coins, There are YouTube channels and sites that will help you learn to trade, but I see that investing does not require anything but a review of the market first and this will be the best choice for you.

It's true whether trading or investing it takes experience because that's the important thing,
maybe for a beginner it's better they continue to learn and try little by little so that the risk is not too big,
apart from that it all comes back again the decision depends on them

Topic: What is better - cryptocurrency trading or investing? - page 16. (Read 4351 times)