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the difference between a day trader and a long-term investor:
the day trader buys and sells on the same day, aiming to gather quick profits from instant market movements. They monitor the charts every minute, as if they are guarding the market.
On the other hand, the long-term investor is someone who buys a currency or project after deep study and holds it for months or years. They care about value, not daily movement.
One requires quick nerves, while the other requires patience and resilience.
If you have a light heart, stay away from day trading. If you lack patience, long-term investment is not for you.
Right or wrong?
