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Quote from: kapalmabur on August 26, 2021, 09:54:06 AM

Quote from: xwshamim on August 25, 2021, 07:45:11 AM

Holding always pays of. If you choose your coin wisely the gain will be more than day trading. And not everyone have the patiencen to learn and research that is needed for day trading

Holding does require a lot of patience and just like you said that not everyone can do that,
both day trading and holding have their respective risks,
and what is clear is that there is no easy way to do day trading or holding both has its own level of difficulty

the patience required for holding can be immense, when the price we hold is getting near to ath it will make holding seem profitable and easy but when the price is nearing the bottom, it will make us want to dump because the market seem like go do down further while the market always move like that, if we hold for long term we will see many of bear and bull market, it has its own advantage and disadvantage just like with day trading.

I think when we feel that when we hold it, of course it is a natural thing,
we know for ourselves that the current market conditions are also not stable and this can be said to be a tough condition for the holders,
what is clear is that patience plays an important role here and it is not easy

Level of patience on each person is really different, some could able to hold that long and some wont really be that too patient when it comes on seeing things that is going down or simply they do cut loss
or would sell off immediately when they do see profits which i can say that its a must thing.

There are holders which doesnt really care on what are the market conditions as long those goals or mindsets are intact which is particular be sold off on a specific time that they had set on.

Hodling might sound too simple but its not because there are lots of factors which might really affect your perseverance and dedication.

And remember, one consideration also for long time holding is if you can afford it. Not many can hold long term as they have financial needs to address. Whereas, for those who can very well sustain their lifestyle without touching their assets, they can really hold off long time without bothering what's happening in the market. But for those who want faster return of their funds, they can always opt to day trading. But they should be careful, as one wrong move, all their profits may be gone.