Quote from: Visbay on December 25, 2019, 05:16:10 PM

Quote from: upyem2k on December 23, 2019, 01:18:28 PM

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.

Yes, holding is the best way to gain profit from your investment because holding saves our income and makes it more than double for us. Day trading is also good to make money but it needs knowledge as if you have good knowledge you can earn money from day trading as well. But I prefer long term trading or holding the most.

If there is compound interest, doubling the investment looks sweety. Except for the compound interest, believing in the HYPE projects that promise to double the deposit amount in a month can be dangerous game. The scammers look for the victims on social media and the wise scammers use the tricky methods for trapping the wealthy investors. Smart investors stay away from disreputable projects in all conditions.