I prefer holding long term but I sometimes trade some coins because if there is a obvious opportunity you should not miss it. Trade and hold, it depends on coins as well.
I prefer holding too because it's a passive approach and, I think, is the generally safer approach in profiting in this market. Day trading is more of an active and aggressive approach that interplays with the movement of coin values by doing real time trades. Having said, that approach is a more risky approach because of the fact that market assets may change in value, especially in this market, at such a quick rate. Many people have lots tens of millions of coins or tokens and even money because of pursuing bad trades. Therefore, it would be better not to engage in it if you don't have enough knowledge and resources to make it big.
