Post
Topic
Board Trading Discussion
Re: HODL vs Day trading
by
cryptojaani
on 17/05/2018, 20:33:52 UTC
Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Depends on your experience because trading needs a lot of experience and skills because it is risky and unpredictable meanwhile on the other side Holding is easy and convenient for newcomers. The profit ratio is more high in trading than Holding.
I believe that day trade is better for the people who spend all of their time on trading. It will give them more time and chances to earn money. And Hodl is for people who consider trading is an alternative job. However, both of them requires knowledge. You need to have knowledge in order to trade
if you are extremely risk taker you would go after the day trading. Day trading is very very risky and dangerous specially if your capital is limited and you put all in your money in day trading it might loose nor earn. Anything can happen in day trading and all i can say it is really intense and stressful. That's why i do prefer holding the coins for long term for a peaceful mind and less worries.