Well, I think it would be wise to do both. Day trading and HOLD both play their roles in different situations, and if you can read the market situation correctly, you can benefit from both.
The only thing you need to do is to understand fully what you are doing, when you do a lot that means you need to focus more.
We risk our money to grow and if we fail of course we will easily loss it, that's the reality in crypto, let's work smart and we will succeed in the long run.