So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
I think it's depend on your trading experience and risk management because in day trading you have to be more focused experienced active and having high success rate of trade winning history in order to survive and earn which is quite difficult for anyone to continue long as predicting short term candels direction especially at such high volatile market is difficult but not impossible while compared to them long term holding will be more preferable because here you required just zero knwoledge about anything just you have to buy top of the list coins of Coin Market Cap especially in bear season while following DCA and then hold it long untile Bitcoin make new ATH and bull run got started and you will get big profit and here you haven't required daily check or visit so I will prefer long term holding