Post
Topic
Board Trading Discussion
Re: Day trading or Long term
by
taufik123
on 14/06/2024, 17:52:52 UTC
-snip-
For me even on how interesting or really that tempting that APY but still im not really that too confident on leaving up my funds on exchangers whether it would really be small or big, i just cant bare up with the risks.
That is the decision of each person whether they want to trust the Exchange or not in the staking that is carried out. I really understand how the exchange works, it's not our key it's not our coin, we don't have full control and at any time the funds can be lost when it's on the exchange.

Therefore, don't put all the funds in the main wallet, that's the best.
Exchanges like Binance also have guarantees for users with SAFU when some hack or funds suddenly disappear,
but not always a 100% expectation, there will definitely be burdensome rules.

Speaking in choosing in between day trading or long term then it would really be just that depending on you because you are the ones who would really be making out some trading
and you are the ones who would really be doing the planning and the decisions that you would really be making.
Choosing for the long term or as a Holder may be much better.
I am a little stressed when I have to trade daily, and it really interferes with my daily routine and routine.
Buy and hold until the main target is achieved, it will be better and not make me stressed.