What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
If I tend to hold assets with a relatively long period of time because I try to anticipate the panic and keep making an opportunity to earn an income in the future without believing with the various bad issues that hit the world of cryptocurrency suddenly.
At this point, that HODL idea is something that I have passed the stage. I fell for it throughout last year and instead of taking the best chance to at least make do with the huge bull runs in the market, I kept holding, when I could have sold during the bull run and buy more now at the dips comfortably and then hold for the next bull run again. This compelled me to learn and start practicing long term trading. HODLING is good but for those who simply cannot get the trading knowledge.
Day trading is good when we are in one confirmed trend. But, now a days market simply switches to different trends hence holding tightly may safe-guard us from unnecessary risk taking options.