Re: Day Trading or Long-term Hodl?

in my opinion holding long-term coins is also not necessarily able to profit. I think right now short term trading is suitable even though profits depend on our capital and at what price goes up

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.

Short term or ling term trading depend which one market condition after I make investing with bitcoin and altcoin, if market support with short term trading I will sell my altcoin and if need for waiting long term I keep hold my assets after raise with higher price later, but many people like for investing with bitcoin and altcoin in long term period.

It is more about the skills and potential of the asset that the holders hold. With bitcoin, a person can trade in any season and make good amounts of profit only if he is skilled with trading and understand bitcoin well. Long term holding is done by people who do not prefer trading but understand the worth of their asset. Day trading is occupied by people who can keep track of changing value very well.

The unpredictable nature of the financial markets is the reason behind the decision of why people prefer to hold their valuable financial assets for the long term. The unpredictability rate increases on the small timeframes and traders set their respective risk management for each bad case. Understanding the value and grabbing opportunity are two different terms&defntions and the trading short term is very stressful.