Which is more difficult between Day Trading in crypto and Holding crypto for a long time?

Joined
Oct 3, 2023
Messages
2,799
Reaction score
169
Trophy Points
0
D Bucks
💵1.632765
Referral Credit
0
There are two aspects of crypto that are very popular. One of such is Day Trading and the other, is to buy crypto and hold for a long time for it to pump.

Which is more difficult to earn from generally? Do you think day traders of crypto find it easier than people who buy and hold for long?
 
Unbalanced comparison, you should compare between hold for long time or long-term investment with short-term investment. While Day trading is one of the trading styles/techniques that utilize trendlines. or you can also compare Daytrading with Scalping.
 
I think it's harder for traders though cause they have to study the market, while you can simply buy and hold for a long or short period. Then again both have their own advantages and disadvantages.
 
It depends on your intentions in terms of your investment, if you like risk more and want short-term returns it is more difficult to hold in the long term, if you are a holder and want long-term returns and less risk, day trading is more difficult.
 
There are two aspects of crypto that are very popular. One of such is Day Trading and the other, is to buy crypto and hold for a long time for it to pump.

Which is more difficult to earn from generally? Do you think day traders of crypto find it easier than people who buy and hold for long?
Day to day trading is very complex and needs constant updating and following the market thread. But holding a cryptocurrency for a long time is stress free and only depends on the market movement overtime. For me, daily trading involves a lot of commitment and effort.
 
15,532Threads
112,834Messages
344Members
SphinxLatest member
Top