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

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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 by /u/carlo_on_fire
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