people also trade because they are eyeing big profits.
true, but most people give up when they have a lot of losses
however, of these two things, I prefer to hold back than trade.
hold also has risk, and the worst of them is when the person buys for example $7000 and the price goes up to $10,000 and the person does not sell and a year later the price drops to $6500, in other words, the person held for year and it was a loss of $500, that's frustrating
Until now, I have held ethereum since the price was under $ 150, and now it is quite profitable. however, if I trade, I am not sure I will get the same profit.
well, you could have sold when the price reached $214 and you would buy again at $150 because the price will fall back to $150 or below $150
Holding coins in the long term is only advisable if you have enough money.
I agree