It takes way more courage to invest and hold onto an asset than it does to frequently turnover your portfolio in search of a better entry, or quick profits. I genuinely believe this is the case, despite my willingness to blog about day trading, because I believe many of you will generate bigger returns from a long-term accumulation and holding strategy than from making frequent trades in and out of specific crypto currencies. Yes, there are obvious cases where some of you have made serious money from frequent trading. But, for the clear majority of you, who are not committed to day trading, or lack the patience to learn common day trading best practices, the alternative route of buying and holding makes far more sense. Let me explain why: 1. Buying and holding onto a cryptocurrency asset/token reduces the likelihood of churning your account at the demise of your portfolio. Basically, some of my richest friends, hold onto millions of USD bitcoin, and never sold, and simply accumulated, because they were wise enough to not predict the market. 2. It’s easy to lose money on a sequence of trades, but easier to accumulate profits when you never sell, especially if the underlying value of the entire cryptocurrency market continues to trend higher (which has been the case for five consecutive years). 3. Very few people have the temperament to make trades with predictable profit/loss scenarios. Hence, the other alternative of buying and holding tends to work for people who don’t have enough time in a day to make frequent trades, but do have the patience to play the long-term game of being an investor as opposed to a speculator. Developing a long-term investor mindset is quite different from the short-term speculator. It means ignoring the day-to-day moves in the market, even if the entire coin market cap of all currencies has halved over a sequence of months. The unwillingness to sell means your stubborn, and unwilling to fall prey to common psychological fear triggers that would send the average human packing for the exits as soon as it becomes difficult. However, substantial profits and accumulation is measured over years if not decades, hence the prospective investor would make more money if they measured their success by how much they accumulate on a consistent basis, as opposed to how much they’re making. In other words, the consistent accumulator ends up becoming the wealthy investor, whereas the unskilled day trader could lose their entire portfolio on a sequence of ill-timed trades. The long-term holder could recover within months from a market wide rally, whereas the frequent trader could miss out on market rallies due to ill-timed exits from a trade or position. Hence, the long-term investor gets to leverage time, whereas the trader must continue a sequence of smartly timed decisions, which isn’t always feasible. If you want to learn more via video courses with my help, and the help of crypto millionaires, bitcoin foundation founders, and various other crypto pioneers who are at the forefront of news, information, and methodologies you’ve got to join the Bitcoin Crypto Mastermind program. We also provide live events, one-on-one consulting, and private communities where knowledgeable experts, and experienced traders interact with each other, share ideas, and keep a level of inclusion that can be found nowhere else. The program will remain open for a select period, so enroll as soon as possible.