Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Just make the test:
1. Take a paper and a pencil
2. write 10 BTC on your paper (congratulations, you now own 10 BTC)
3. Invest this BTC, note on your papers your buying prices (don't forget trading fees and withdr./deposit costs)
4. Follow your invests and sell/buy
5. Note the time you spent on trading during a day.
6. if you can't spend 20 hours a day DON'T day trade.
because day trading is more risky than holding a coin. you have to standby and allocate a long time to use day trading dude. when you buy a coin then you have to keep an eye on the market because the occasion of selling sometimes comes just a minute. yeah if you do not have a long time for this. i think don't use day trading dude. better holding your coin