The original post: /r/bitcoin by /u/Subject-Water5731 on 2024-12-22 17:28:40.
So here’s the question, for the day traders out there, that are also bitcoin maxis. Have you tried trading bitcoin as a professional trader? Has it worked out in your favor and you end up holding more bitcoin in the long run
Or is just buying and HODLing bitcoin just going to work out more in your favor in the long run?
i would assume how a HODLer would day trade bitcoin is, since their whole net worth is in bitcoin anyways, they would just sell them when he thinks the valuation is too high or when the market is going to dip and then buy back at a lower price, hence they end up having more bitcions because they are able to buy more at the lower price
Many would say, well… isn’t that trying to time the market? Well yes… that is timing the market and ‘time in the market > timing the market’
However my question is to experienced and professional traders, has swing/day trading worked out in your favor and made you have significantly higher holdings in bitcoin or has bitcoin humbled you?