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[cryptohub123]

Which is better among Long term Investments and Day trading in cryptocurrency , specially Bitcoin ? Long term investments refers to holding bitcoin for a long period of time and selling when it is all time high . What are your opinions ?

 

[Finch89]

Everyone has his own point of view toward trading but I think crypto is newly born financial markets that don't have high volumes and volatility. These are the two most important things for day trading. IMO crypto is best for long-term trading whatever it's bitcoin or altcoins the best is to buy them now at cheap price and hold them for some years at least 5 years minimum there will a lot of growth in these 5 years and we could get 10x or 100x profit of our initial investment. So my personal opinion is a long-term investment is best in the crypto market.

 

[KarthikP]

Long term Investment is much better than day trading because you need not have an eye on Bitcoin price every second. Hold the bitcoins for long term and sell it at high price.

 

[Mbwolf]

this is my opinion
if you have some money left and you do notihng with it go for the long term investement
but if you really work with the money you have go for day trading because you need to see results everyday

 

[vgcman]

Long term investments

 

[Wisdom01]

I prefer long term trading to short term trading, because you will have the opportunity to study the price very well and follow news trends, before knowing when to invest or not

 

[Balint098]

Long term holding is more risky since it's hard to predict a crypto's price fluctuation. Meanwhile, with day trading you can profit with even slight price increase.

 

[KarthikP]

I would prefer keeping bitcoins for long time in your wallet and then sell them rather than daily trading as long term investment has less chances of having loss.

But only thing it requires is patience , which most of us don't have. We tend to gain quick profits that doesnt work in long term investment.

 

[a_jerobon]

I prefer long term trading to short term trading, because you will have the opportunity to study the price very well and follow news trends, before knowing when to invest or not

That is true. The advantage of long term investment is that you will get enough time to study the market and flactuation of the price. You can earn a greater profit from it when the price shoots high.

 

[Humbu]

I would say long term investment, it has worked for me hey. With day trading you need to keep an eye on the price all the time and you need to know what you are doing because you can lose a lot of money

 

[Wisdom01]

That is true. The advantage of long term investment is that you will get enough time to study the market and flactuation of the price. You can earn a greater profit from it when the price shoots high.

Sure I think you are right ,since there is enough time to pick when to invest and when not to invest and thats a great advantage I think ,and profit can be made

 

[a_jerobon]

I would say long term investment, it has worked for me hey. With day trading you need to keep an eye on the price all the time and you need to know what you are doing because you can lose a lot of money

Yes, that it true. Day trading consumes alot of time. I have a friend who does it and se he has to spend alot of time on his computer. It requieres you to always check on the price and take care not to loose. You may miss out on other activities while doing this.

 

[Josemendez]

Long term investment is the best if only one has other alternative for livelihood , less you will end up being frustrated with waiting for a lng time to experience a rise

 

[Wisdom01]

Long term investment is the best if only one has other alternative for livelihood , less you will end up being frustrated with waiting for a lng time to experience a rise

You are funny lol? , most times coin do take up to a year for the price to reach the usual spot for the person to make profit ,so I won't even support such

 

[Josemendez]

You are funny lol? , most times coin do take up to a year for the price to reach the usual spot for the person to make profit ,so I won't even support such

Yeah , and if you have read very well you will understand that this was what I said by my post . it is time consuming and requires a back up plan

 

[Wisdom01]

Yeah , and if you have read very well you will understand that this was what I said by my post . it is time consuming and requires a back up plan

Am not against what you said just now , if someone wants to really earn from it the person needs have great plan and strategies since most time long term can get someone loss

 

[Niftyicon]

Long term investments of course. I'll leave the day trading to those who really know what they are doing, monitoring charts, markets and stuff.

 

[Wisdom01]

Long term investments of course. I'll leave the day trading to those who really know what they are doing, monitoring charts, markets and stuff.

Yeah am very sure with long-term investment you are more likely to study the market and know the best time to invest if you want to thats why I like long-term trading

 

[Delaw2020]

Long term investment in cryprocurrency is better than day trading. I as an example normally invest in bitcoin on a long term basis by buying it when the price is low and selling it when it soars. There is usually much profit in on investment in this method.

 

[SCAMEXPOSER]

It depends on how lucky you are in trading because sometimes you could buy a coin and in the next few hours or days the price has doubled or triple especially for coins in the range of $0.01.