Which Trading Strategy Yields More Profit in Ethereum?

A trader’s experiments with two different strategies have raised questions about which one is more sensible. On-chain data analysis platform Lookonchain shared on March 23rd that a trader tried two different investment types in Ethereum. A trader, who has been trading frequently lately, made faulty trades for 5 days, resulting in a total loss of 1.47 million dollars. The trader executed a total of 31 Ethereum trades, with only 9 of them being successful, accounting for 29%. Despite this, the trader made a profit of 4.23 million dollars. The reason behind the trader’s significant profit was his decision not to sell the Ethereum he purchased last year for 1 year. The trader made a profit of 6.5 million dollars by holding onto the Ethereum for a year. According to Lookonchain, long-term investments allow for more profit than short-term investments.

Which Trading Strategy Yields More Profit in Ethereum?

A trader’s experiments with two different strategies have raised questions about which one is more sensible.

On-chain data analysis platform Lookonchain shared on March 23rd that a trader tried two different investment types in Ethereum.

A trader, who has been trading frequently lately, made faulty trades for 5 days, resulting in a total loss of 1.47 million dollars.

The trader executed a total of 31 Ethereum trades, with only 9 of them being successful, accounting for 29%. Despite this, the trader made a profit of 4.23 million dollars.

The reason behind the trader’s significant profit was his decision not to sell the Ethereum he purchased last year for 1 year. The trader made a profit of 6.5 million dollars by holding onto the Ethereum for a year.

According to Lookonchain, long-term investments allow for more profit than short-term investments.

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