Is HODLing a form of Day Trading?

[Rabia]

Everyone is always telling you to just HODL through the ups and downs and Don't day trade.

But isn't HODLing a form of trading it it's own right? When you HODL you are always betting that it will  go up eventually, no matter how much it has fallen.
Wouldn't it be better to set profit and loss targets and if it is reached, sell? The one thing that is consistent in derivative markets is that they go up and down, never just in one direction.

So you may miss out on some possible gains, but is that a bad thing if you have locked in profits. It is not as though you can't get back on the bus.

It has occurred to me if l HODL, l could be no different to gambling. Imagine going to the casino and betting on Black continuously,  it doesn't matter if l win or loose as l have never set an exit target, so l keep betting until there is nothing left.

If the market is rising then HODLing is great, but is it so good when your coins just fell 50%...I don't think so!

[anshor1]

Everyone is always telling you to just HODL through the ups and downs and Don't day trade.

But isn't HODLing a form of trading it it's own right? When you HODL you are always betting that it will  go up eventually, no matter how much it has fallen.
Wouldn't it be better to set profit and loss targets and if it is reached, sell? The one thing that is consistent in derivative markets is that they go up and down, never just in one direction.

So you may miss out on some possible gains, but is that a bad thing if you have locked in profits. It is not as though you can't get back on the bus.

It has occurred to me if l HODL, l could be no different to gambling. Imagine going to the casino and betting on Black continuously,  it doesn't matter if l win or loose as l have never set an exit target, so l keep betting until there is nothing left.

If the market is rising then HODLing is great, but is it so good when your coins just fell 50%...I don't think so!

I support both mate. I hold my ethereum and bitcoin for ling term. I also do day trading with litecoin and XRP.

[Master107]

Even everybody will say hold neither sell still the whole decision is under your hands. Don't permit to move your mind by any opinion if you already planned long before. Preparation is great things to overcome the possible things which will become the reality.

[leithy]

Strictly speaking with day trading you start with x amount, convert it all and then exchange it back to your original coin all within one day.

[cryptothief]

By definition, HODLing is absolutely not day trading, they are polar opposites. That's not to say that both forms have their pros and cons, so even when HODLing, you shouldn't do it blindly. Keep an eye on the markets, and you will (hopefully) be able to take advantage of potential drops like the 50% one you mentioned  to either increase your holding in a coin or cash out.

[masudginanjar]

HODLiNG is for the long term, for example you have tokens from bounty prizes but there are no supporting exchanges.
even if there is a support but the price drops below the ICO price then you better just HODLING.

[rizqillah]

By definition, HODLing is absolutely not day trading, they are polar opposites. That's not to say that both forms have their pros and cons, so even when HODLing, you shouldn't do it blindly. Keep an eye on the markets, and you will (hopefully) be able to take advantage of potential drops like the 50% one you mentioned  to either increase your holding in a coin or cash out.

Yes It is true mate. Holding is for long term investment , trading is for short term.

[Naswaty10]

if we have talent and expertise. Short-term investment is better than long-term investment bro.

[moonking]

Everyone is always telling you to just HODL through the ups and downs and Don't day trade.

But isn't HODLing a form of trading it it's own right? When you HODL you are always betting that it will  go up eventually, no matter how much it has fallen.
Wouldn't it be better to set profit and loss targets and if it is reached, sell? The one thing that is consistent in derivative markets is that they go up and down, never just in one direction.

So you may miss out on some possible gains, but is that a bad thing if you have locked in profits. It is not as though you can't get back on the bus.

It has occurred to me if l HODL, l could be no different to gambling. Imagine going to the casino and betting on Black continuously,  it doesn't matter if l win or loose as l have never set an exit target, so l keep betting until there is nothing left.

If the market is rising then HODLing is great, but is it so good when your coins just fell 50%...I don't think so!

I think if the coins fell by 50% it is time to buy more, and decrease the original price by creating an average price.  If they fall more, buy more, than when it recovers to half way, than everything is recovered, because it moved above average price.  But this is more to decrease the risk of buying everything at once, and create an average price.

[BlockBuster9]

I think if you want to profit every day in the trade it requires double capital to support trapped capital. with double capital you can buy back when the price falls with a second capital. if you only have one capital when the price falls in the trade it will get us trapped. so we have to hold our capital to wait for prices to rise again.

[kurapika]

If you will just HOLD your coins while the market is falling, Then you won't lose your coins as this is just on your wallet but the real value of your coins will reduce base on the actual market price. It will depends on your decision which is good strategy to sell while it's in downfall then bay back later at the bottom or just relax and hold your coins for the better market price. Indeed, holding is not a form of day trading as if you opt to hold your coins will not deducted.

[Knaw]

I think HOLD is also a good form. You can get more profit, because we are waiting for krypto prices to increase in the next few months at high prices, so we will also get many benefits in the future.

[Stalky]

I think HOLD is a better way we are waiting for the increase in bitcoin prices in the future, because the price of bitcoin is also increasing, so we think we will also get a lot of bitcoin.

[Doctor]

if we have talent and expertise. Short-term investment is better than long-term investment bro.

I agree mate. If you are profesional You can try short term or day trading. It is more profitable.

[BlockBuster9]

if we have talent and expertise. Short-term investment is better than long-term investment bro.

I agree mate. If you are profesional You can try short term or day trading. It is more profitable.

Yes, indeed trading daily requires a lot of understanding about buying and selling daily to get maximum profit. I think to do that you have to have big capital, so if you trade daily you can get a lot of money.