Daily Trading of Cryptocurrencies vs. HODLing

Daily trading is a short-term strategy where traders buy and sell cryptocurrencies within the same day. The goal is to take advantage of price fluctuations to make profits. Traders often use technical analysis, market trends, and other trading tools to minimize risks and increase their chances of success.

What is meant by HODLing?

HODLing is a long-term investment strategy where investors buy cryptocurrencies and hold them for extended periods, regardless of market fluctuations. The term used in English is "HODL," which was originally a misspelling of the word HOLD by a BitcoinTalk user but was later adapted to be an acronym for "Hold On for Dear Life" (meaning to hold on as tightly as you can) (and in the context of cryptocurrency markets means not selling).$BTC