I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
Ive agree that it is better to bought bitcoins in lower price and hold it now,until the value of 1btc turns to $8000. for as of now the current situation when you buy a bitcoins is so high,but it better now to buy today and hoard it or trade it another alcoins and sell when the value is gain so high.
Every price of bitcoin to me is still lower at this stage. Quote me in the next few years if I ended up wrong., just quickly want to point that out from what you said.
You do not have to wait for the value of bitcoin to rise or stop rising before you either day trade or HODL, it all depends on each individual and their system of trading. Either btc/usd or btc/alts.
However, studying the market is what is important for two of them and as long as anyone is ready to go through the stress of monitoring the charts each and every day, while day trading, then it is good and more profitable, and if they cannot, long term is just the best for them to stick to, it is profitable as well, but both comes with the same trading risk as far as I am concerned.