Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Both holding and day trading can give us a lot of money but i still prefer to hold my coins because i am not a great trader so when i do day trade for sure i will not earn a good amount of money so right now i am just focusing holding my coins for long time.
This time I believe you can totally trade on altcoin, you can see that the bitcoin price is adjusting at the $ 7500 mark and the altcoin price is showing slight improvement, so I believe you can invest in altcoin at this time to eat wave echo. The market is constantly fluctuating so always follow bitcoin prices when trading altcoin.
Both ways are profitable, and no one will stop us from doing both ways to earn, so then why we need to choose about the two which is day trading and HODL of we can do both to gain on both sides. I think the very best thing to do is to do both trading and hodl for good.
I do not think hold will be profitable at this point, you can see that bitcoin prices are continuously adjusting and falling sharply in the last two days and are now adjusted to the $ 7500 level. According to my analysis, the bitcoin price will continue to fall to the $ 7100 mark, the bitcoin price will cause the price of altcoin to decrease accordingly so you will be very heavy losses as if holding altcoin.