Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains.
Among these two strategies, which is better and which d you recommend?
They are both better but it just depends on the people on how they are gonna make the most out of it. Because if we can think deeply about it, they are both profitable and they are both can be done at the same time so.it is a double source of income. Trading much more risky but much more profitable. While holding is not that accurate because your profits will depend on the people that are using it the price of that coin in the market.