As a newbie, I’m trying to decide if the best strategy for gains is swing trading or long term holding.
Proponents of trading, such as the above, make it seem almost too easy to make huge gains in the market, utilizing technical analysis to trade alt coins. But is it really that easy?
I’ve heard figures saying that 90% of people lose out on trading. It also seems to me that just doing TA isn’t the answer. Before you even finished overlaying your fibonacci diagram the market could have taken huge swings (just look what happened yesterday).
Any thoughts/experiences are welcome!