Post
Topic
Board Trading Discussion
Re: Day trading or Long term
by
rhodelmabanal
on 28/09/2024, 02:22:59 UTC
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

The answer is do both of them while holding for a long term you can also do day trading it is better to do both than doing one of them you can benefit both holding and day trading depending on the strategy and the patience than you put on it, in crypto there are slow moving and fast moving coin base on its price i suggest bitcoin fro long term holding and select your best altcoins for day trading by this kind of strategy you can earn in short term and long term.