In crypto trading our choices and decision are as important as the profit we come out with in the trades, but to be the best we have to perfect those choices.
Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
I think there is a much better strategy, that is when we can take advantage quickly so as to avoid losses in trading. I prefer day trading because then I will be able to gain profit quickly that when there is a profit margin then I will quickly make a decision. Yes though the benefits are small, but I think that is enough because it is a good start in increasing our capital. This is an opportunity to choose from, one thing that is in my mind that when I can get a quick profit then I will make a decision quickly because compared to when I wait too long and it will not necessarily give big advantage.
Various strategies we have to choose and there are some that do fit with the style of one's mindset and there are also different results. So the personality analysis we have, measure the ability and also how the mindset that we have. That is the best way because our own person will determine what we will achieve in the future.