There are those who scalp trade, those who day trade, long term traders and then the diehard holders. I've seen all of them and attempted almost all. Each one has its strengths and weaknesses and you should know the one that's the best fit for you.
Scalpers trade very short time frames, but that means they deal with more volatility and it's easier to lose money, especially if you're not too experienced.
The risk decreases with day trading, then long term traders and finally holders. However, the profits also, usually decrease this way and time to get it increases.
To know the best strategy for yourself, the most important step is to DYOR, do your own research. Depending on your strengths, capital and patience, you can then choose the best strategy for you.
Scalpers trade very short time frames, but that means they deal with more volatility and it's easier to lose money, especially if you're not too experienced.
The risk decreases with day trading, then long term traders and finally holders. However, the profits also, usually decrease this way and time to get it increases.
To know the best strategy for yourself, the most important step is to DYOR, do your own research. Depending on your strengths, capital and patience, you can then choose the best strategy for you.