Intraday vs HODL
In the current market situation which one best and what do u guys prefer
HODL is always a best suggestion given by most of the professional traders considering the previous history. The peoples who HODL their coins from the late 2010-2013 made immense profits as the price for bitcoins was pumped a lot and in some minimum investment, peoples made higher profits so HODLING is always a better thought if you do not have any financial needs which can be fulfilled by selling your coins. You can HODL maximum amount if you really are excited to make yourself rich and wealthy ahead. Intraday(Day-trading) can be riskier for a lot of peoples including new peoples as risk is higher in there compared to profits.
Are you sure about this, because if you said Holding is the best option for most PROFESSIONAL TRADERS, let us look at the word trader here, most crypto trader will not hold their coin, most crypto trader will take advantage of the volatile market to always take profit within the shortest possible time and that is how they make their money and do turnover too.
The people you referred to are simply long term investors and they dont really trade crypto that much, which I am not disputing the fact that it is the easiest way of operating in this market, but you cant say it is the most profitable; it depends on the coin that is being traded.
HODL is not always the best strategy. It could be best strategy in one scenario when your cost of investment is more than the current market scenario. You should not sell low for that would incur you loss. In addition, if you are gaining profits due to low initial cost of investment and the market is rising, you should HODL. However it is never advisable to hodl when you have achieved big and the market looks in bearish mood.