Whether to trade or hodl depends on the current market trend. Sometimes, hodling can be a blessing and it can as well be a doom if the market trend is not properly studied before decision is made.
It depends on the preference of the people, if you will choose to hold then no one will gonna tell you that it is a bad move as we do have different strategies in our investment. So, for me day trading is good as well as long term hold, depends on your time capability, on your knowledge and on the fund that you are investing.