Binance Academy
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Crypto day trading or HODLing: which strategy suits you best?
Key takeaways
Day trading offers the potential for gains by capitalizing on short-term price movements, but it carries high risk and requires a lot of time and discipline.
HODLing is a long-term investment strategy that minimizes stress and transaction costs but requires patience and the ability to endure market downturns.
The best strategy varies from person to person depending on their profile and risk tolerance. A hybrid approach allows investors to benefit from both strategies by holding core assets for long-term growth while trading a smaller portion for short-term gains.
Day trading offers the potential for gains by capitalizing on short-term price movements, but it carries high risk and requires a lot of time and discipline.
HODLing is a long-term investment strategy that minimizes stress and transaction costs but requires patience and the ability to endure market downturns.
The best strategy varies from person to person depending on their profile and risk tolerance. A hybrid approach allows investors to benefit from both strategies by holding core assets for long-term growth while trading a smaller portion for short-term gains.
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