Post
Topic
Board Altcoin Discussion
Re: What kind of trader are you? Active? HODLer? Somewhere in between? Why?
by
elloco4ever
on 10/10/2018, 12:29:12 UTC
Interested in peoples' trading styles now that we've been in a bear market for a while. Do you still believe in HODLing to another all time high? Or are you looking for other ways to make $$ during the market downturn?
I was actually a day trader, but since it is bear market, and its hard for me to predict what will happen next in the market, for now, I do long term trading and holding. its much safer than day trading. day trading has a high risk which I can have more losses than earning a profit.
Just try to create a combination between the daily trade and long-term trade. the market can't be predicted and we will be so difficult to choose or take the best decision to enter the bottom rate. Anytime crypto has been touching its new bottom rate and it could become a very difficult thing to analyze about how long it will go to the bottom. So far a lot of people are still confused about this market

Definitely, it is not so easy as we think. We have huge difference between day trading and long-term investment. The price vary everyday in daily trading where as in long-term you have lot of time and patience and you be benefited for sure. Yes hodl is the best plan in cryptocurrency as money Matters at the end of the day.