Facts. Statics show that holding for 5 years will net a person a much greater profit than if you day traded.

I know to some this is hard to imagine, but if you actually hold crypto longterm, your chances at making profit are much greater.In simple words:Time in the market > timing the market. This is because you can’t beat the algorithm and high-frequency traders. They hire both a analysts and software engineers to beat you. Instead, simply invest money you can afford to lose and don’t need access to for two - five years.

Submitted May 27, 2021 at 08:08AM