Post
Topic
Board Trading Discussion
Re: Daytrading vs Holding
by
john_nautica
on 16/10/2021, 14:02:33 UTC
I prefer day trade rather than holding, the reason is that in day trading you can earn daily profits although not all the time since you might be able to lose on some days but in holding you are just letting your coin to do nothing on the wallet and you have no idea when it will pump. My point is you might miss some opportunities to sell at peak and bought at dip and you will have more coins or your asset would have more value.
I really like your say on either day trading or holding is better,but I can say the two are better,why,; because in day trading,you can make daily money that can sustain you every day,while in holding,you are doing it for the future.You hold money because you really need your success in the nearest future to look more attractive.

Holding need patience and complete removal of mind from the money you have already lost.

Agreed. I think that is also wise to set portions of your assets for day trading and some for holding. But of course, determination and commitment to attain the set goals must be stick upon. While it is true that both can be risky, these can be also beneficial if done the right way.