I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
Both is fine but me I prefer day trading because its easy to get profit from it, not a big profit but its okay than long term hodl for tokens then sell because the price isn't going up. You can have more profit if you do day trading and you have high funds for it. You can separate it in buying different coins so your profit is not depends on one coin.
Honestly, day trading can not give you much profit than holding if you do not focus all time to trading. Trading while you have other jobs you need to working just make you have stress and lose money. Because trading is not a job take short time to work. It makes you need spend much times to follow the price, analyse the market and prepare strategy, plan.
why not? Of course it can. day trading or trading itself is known to be more profitable than hodling or investing because in trading you can be able to trade actively everyday on any kinds of coins and that simply means you can always get a profit even though small or big as long as it is still a money it can still be called as a profit. on other hand , hodling is a bit tiresome but verry easy thing to do and even 5 year old kid can do this however you cannot expect to earn instantly because hodling takes a lot of patientce in order to suceed.