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RE: Note for Non-Whales: HODLing is More Effective Than Day Trading in All of the Ways

in #money6 years ago

Oh, I'm definitely not a trader, I'm just saying that if a coin is gradually going up and you are right in that prediction, daily trading could earn you more than simply hodling. Having said that, I'm actually hodling all my steem and I haven't yet sold any SBDs or Steem for bitcoin or anything else. I see a lot of value in this platform and I'm here for the platform and the opportunities it presents, not for the speculation.

Speculation is always risky and hodling could lead to losses if a coin crashing (which doesn't seem to happen that often right now, but is not something impossible and wouldn't be something unexpected if it happens to some).

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Gotcha. We're on the same page here, 100% agree