[coryl]

If you are short term day trading you're likely to be a victim of pump and dump groups and manipulation.

Going long on high market cap coins with a longer timeline is a relatively safer bet.

[curiousgal]

There are fees to any position you hold so even though going long is indeed the safe bet, having a longer timeline requires deep pockets.

[bonestamp2]

You can avoid the fees on some bitcoin exchanges if you're a market maker, and with the volatility that's pretty easy most days. I made a couple 0% fee trades today alone. But, the second part is definitely true... you still need deep pockets to hold a long position.

[coryl]

Buy and hold doesn't have any recurring fees. If you look at the opportunity cost between crypto and any other financial security in the market, its an easy decision.

[mitchellberry]

"Fees"

I see the margin lending rates on some exchanges right now being 0.003% daily. This is for coins that move 10% a day.

Probably fair to assume fees aren't what the traders lose sleep over.

[onion2k]

The rogue traders aren't looking for a safer bet.

[coryl]

Exactly, which is why the safer bet is going long on high market cap coins, not small volume coins where pump and dumps can cause liquidation events.