Day Trading or HODLing: Which One Should You Pick?

day trading or hodling

What is Day Trading?

What is HODLing?

Analysis of Day Trading

  • A reliable cryptocurrency exchange or trading platform where the trader can operate hassle less.
  • A trustworthy network to keep a tab on the market happening and get genuine news.
  • Specialized software to vet the market fluctuations to predict the next price swing.
  • Undivided attention and a significant amount of time, only if an individual is serious about the profession.

Analysis of HODLing

  • Research about the cryptocurrency they wish to invest in along with the overall usability of it in future.
  • Invest in more than one crypto asset, to amplify their profits and use other crypto assets to further divide the risk of losing on their investments.
  • Do not make any quick judgements and actions based on a bear market, unless the company or a crypto asset is not fraud you don’t have to worry about anything.
  • Keep a tab on what the team or company behind the crypto asset is doing or what new upgrade will the cryptocurrency undergo. These are the moments the asset displays the most volatility.

Comparing Day Trading and HODLing


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