Cryptocurrency Q&A Why is holding better than trading?

Why is holding better than trading?

Luca Luca Tue Sep 03 2024 | 5 answers 1608
Could you elaborate on why many investors believe that holding onto cryptocurrency is a more favorable strategy than actively trading it? Is it due to the potential for long-term appreciation, the reduced stress and time commitment, or perhaps the avoidance of transaction fees and taxes that come with frequent trading? Additionally, how does the volatility of the cryptocurrency market factor into this decision-making process, and what strategies can investors employ to mitigate the risks associated with holding? Why is holding better than trading?

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