Every move you make in life means taking a risk. I'll do a little comparison to help you understand my point.
I'm holding, my coins are in crypto because I don't trust my government and want to have a safe stash in case something goes wrong, like a war, bailouts, country wide crisis, or anything that will result in the government trying to seize my money, like my personal bankruptcy or debt. I don't care about short term value of my coins and know my investment is safer than in a bank.
You are trading, juggling your coins between addresses and exchanges. You're risking compromising your keys, need to worry about the security of your computer, network, the exchange that you're using. You waste time monitoring the price every single day, you set alarms to tell you about sudden movements. Sometimes they wake you up at night. And what about the indicators? What if you buy or sell at a trap? What if you buy and there's an unexpected price move like the one by MtGox trustee? You sell at a loss?
Don't get me wrong, you may be making money on this, most likely more money than I'm making holding my coins, but that's just your way. It's by no means safer or better than my way.
Agree in 100%
My point was not to convice anyone to trading. My point was to show that even strategy sugested for newbies as "the one with the lowest risk" is risky too. Personaly i hold bitcoin too and trade it with alts when i see good oportonity to increase my hold coin amount.
Holding has nothing to do with getting scammed by an ICO, because if it is not legit you will be screwed over from the moment you invest in it because it won't even make it till the point where it is going to be listed on exchange sites, so your point of you is somewhat wrong, however holding an ICO token could have many risks as many people tend to trade them as soon as they hit the exchange, in fear of its price rapidly going down, but some good ICOs are actually worth holding for a long time sometimes.
Even ether can in next 6 years go to 0 or close to that. This market since than will probably hit mass adoption. When that will happend only best projects will surwive. In this moment ether is not scalable enought to handle 1 or 2 good projects working for mass. Thats why every suceeded token moves on thair own blockchain (eos, bnb, ven). There are others doing the same as ether (stellar, lisk, eos etc.). But those few who will survived since 2024 will be shown as examples that hodl was best. Noone will remeber ether then if ether wont win.