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Not the best but definitely the right choice if you're starting trading and still have no knowledge in technical and fundamental analysis. The 95 % of traders who lose money buy holding too much definitely does not keep track the coin they are holding. When you hold you should follow the social medias and TG group of the coin you are holding so you are always updated.
One of the ironies of holding is that it is the prefereed method of generating profits for newbies and experts alike, after all for newbies starting in this market it is a mistake to become traders right away as most likely they do not have the knowledge to do so, but once you become an expert in this market then most likely you will prefer a method that generates profits without having to do too much, so even if you recognize in trading a superior way to make money you will still choose the passive way of turning a profit.
But for those that are not newbies or experts on the topic trading is the best choice as at that time you will probably have enough knowledge about how the market works and the time to check the markets constantly and the will to keep up this for years and maximize your profits that way.