Post
Topic
Board Economics
Re: What is better - cryptocurrency trading or investing?
by
monineklutak
on 25/12/2021, 16:29:54 UTC
I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
Doubtless holding is more profitable than daily trading. I know many traders and none of them has earned in the long term. Traders get great profit during bull run, but it is so difficult to guess when the trend will change, so they lose very quickly as soon as correction starts. It is better to invest in fundamental projects on early stages and then hold them.
Actually between holding and day trading is equally profitable and of course it depends on everyone's strategy,
we can get advantages from anywhere we live we must use it well,
yes investing in projects that have strong fundamentals is a good decision